Newly listed Spur Tree Spices gained 32 percent after climbing 32 cents to an all-time high of $1.32 after exchanging 56,569 stocks on the first day listed on the Jamaica Stock Exchange Junior Market on Friday and helping the overall volume of stocks traded to jump 234 percent and the value surging 326 percent higher than on Thursday after nearly 13 million units of Fontana shares passed through the market with a value of $96 million.
A total of 40 securities trading compared to 35 on Thursday and ended with 14 rising, 15 declining and 11, closing unchanged.
At the close, the Junior Market Index lost 13.25 points to end at 3,470.17.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.7 The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Some 19,875,289 shares traded for $123,323,735 compared to 5,944,460 units at $28,932,503 on Thursday. Fontana led trading with 12.91 million shares for 65 percent of total volume followed by Lumber Depot with 1.46 million stock units for 7.3 percent of the day’s trade and iCreate with 1.09 million units for 5.5 percent market share.
Trading averaged 496,882 shares at $3,083,093 in contrast to 169,842 shares at $826,643 on Thursday with the month to date averaging 176,097 units at $819,178, compared to 137,680 units at $548,051 on Thursday. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and four closed with lower offers.
At the close, Access Financial rallied 89 cents to end at $20, with 8,659 shares crossing the exchange, AMG Packaging popped 17 cents in closing at a 52 weeks’ high of $3.40 while exchanging 240,608 units, Blue Power shed 30 cents ending at $3.35 in an exchange of 156 stock units. CAC 2000 rose 30 cents to $8.30 after exchanging 100 stocks, Caribbean Assurance Brokers advanced 11 cents to close at a 52 weeks’ high of $3.12 in switching ownership of 225,543 units, Caribbean Cream lost 11 cents to close at $5.89 in trading 38,557 stocks. Consolidated Bakeries popped 12 cents to $1.33 with 20,609 shares changing hands, Dolphin Cove declined 95 cents to end at $19.05, with 385,686 stock units clearing the market, Elite Diagnostic climbed 9 cents in closing at $3.18 after trading 103,682 stock units. General Accident increased 28 cents in ending at $6.29 after exchanging 20,043 shares, Honey Bun dropped 10 cents in closing at $9 with the swapping of 63,479 units, Indies Pharma fell 19 cents to close at $3.01 in trading 202,836 stocks. Lasco Distributors declined 5 cents to $3.10, with 224,695 units changing hands, Lasco Manufacturing lost 15 cents to end at $4.70 after 5,828 shares crossed the market, Limners and Bards fell 9 cents to $3.40 after an exchange of 451,750 stocks.
Mailpac Group dropped 20 cents to close at $3.10 trading 671,259 stock units, Main Event shed 45 cents in ending at $4.30 with an exchange of 611 units, Medical Disposables fell 10 cents to $7.40 in an exchange of 3,500 shares. Paramount Trading rose 18 cents in closing at $1.48 while exchanging 17,226 stock units, Stationery and Office Supplies rose 10 cents to $5.85 after exchanging 2,752 shares and Tropical Battery inched 5 cents up to $1.28 in switching ownership of 35,902 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market stocks end with sharp jump
Bulls pushed the Jamaica Stock Exchange up sharply in trading on Thursday, with the Market Index surging 62.93 points to settle at 3,483.42, with the volume of stocks traded declining 34 percent and the value falling by 13 percent lower than on Wednesday on a day when rising stocks outdid those declining on a two to one ratio as three stocks high 52 weeks’ highs.
A total of 35 securities traded versus 39 on Wednesday and ended with 17 rising, nine declining and nine ending unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.9. The PE ratio of stocks in the chart below is computed based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 5,944,460 shares traded for $28,932,503 down from 8,986,092 units at $33,239,994 on Wednesday. Caribbean Assurance Brokers led trading with 1.6 million shares for 26.9 percent of total volume as the price ended at a 52 weeks’ high of $3.01. Lumber Depot followed, with 749,354 units for 12.6 percent of the day’s trade and Limners and Bards with 692,009 units for 11.6 percent market share.
Trading averaged 169,842 shares at $826,643, compared to 230,413 shares at $852,308 on Wednesday and the month to date, averaging 137,680 units at $548,051 versus 133,915 units at $515,440 on Wednesday. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, Access Financial jumped $1.51 to end at $19.11 in switching ownership of 1,000 shares, AMG Packaging climbed 38 cents to end at a 52 weeks’ high of $3.23 with an exchange of 274,387 stock units, Blue Power increased 26 cents to $3.65 after trading 2,000 stocks. Caribbean Cream rallied 80 cents to close at $6 after 47,952 units changed hands, Dolphin Cove gained 40 cents to end at a 52 weeks’ high of $20, with 589,607 stocks clearing the market, Elite Diagnostic popped 11 cents in ending at $3.09 after trading 92,188 shares. Express Catering fell 15 cents to close at $5.20 after an exchange of 85,633 units, Fontana rose 15 cents in closing at $7.40 trading 51,622 stock units, Fosrich spiked 50 cents to end at $12, with 19,555 stock units crossing the market. Honey Bun lost 38 cents to end at $9.10 in exchanging 86,553 shares, Lasco Manufacturing advanced 35 cents in closing at $4.85 with 11,046 units crossing the market, Limners and Bards declined 21 cents in ending at $3.49 with the swapping of 692,009 stocks. 
Mailpac Group dipped 10 cents to $3.30, with 308,749 stocks changing hands, Medical Disposables rallied 80 cents to end at $7.50 in an exchange of 13,323 units and tTech shed 40 cents to close at $4.30 in trading 2,820 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE Junior Market
Trading closed on Wednesday, with the volume of stocks traded jumping 92 percent higher and the value rising 100 percent higher than on Tuesday leading to rising stocks outdistancing those falling at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 39 securities trading, up from 35 on Tuesday and ended with 15 rising, 12 declining and 12 closing unchanged as the Junior Market Index advanced 19.83 points to 3,420.49. The PE Ratio, a measure used to compute appropriate stock values, averages 14.8. The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Trading saw an exchange of 8,986,092 shares for $33,239,994, up from 4,676,723 units at $16,609,083 on Tuesday. Lasco Manufacturing led trading with 3.44 million shares for 38.3 percent of total volume followed by Consolidated Bakeries with 1.09 million units for 12.1 percent of the day’s trade and Limners and Bards, 653,067 units, with 7.3 percent market share.
Trading averaged 230,413 shares at $852,308 compared to 133,621 shares at $474,545 on Tuesday and month to date, an average of 133,915 units at $515,440, compared to 119,440 units at $464,910 on Tuesday. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two stocks with lower offers.
At the close, Access Financial popped 51 cents to end at $17.60 after an exchanging of 1,036 shares, AMG Packaging increased 23 cents ending at $2.85 after trading 318,761 stock units, CAC 2000 gained 30 cents in closing at $8 while exchanging 1,110 stock units. Caribbean Assurance Brokers climbed 23 cents to a 52 weeks’ high of $2.97 with 197,240 units changing hands, Caribbean Cream declined 55 cents to close at $5.20 after trading 37,054 stock units, Derrimon Trading lost 6 cents to close at $2.17 with 208,244 shares crossing the market. Dolphin Cove rose 40 cents to close at a 52 weeks’ high of $19.60 in exchanging 249,869 stocks, Express Catering dropped 5 cents in closing at $5.35 trading 63,402 units, General Accident shed 35 cents in ending at $6 with 34,138 stocks crossing the market. Honey Bun fell 21 cents to $9.48 in switching ownership of 70,350 shares, Iron Rock Insurance popped 31 cents to close at $3.41 following an exchange of 2,013 units, Jamaican Teas dropped 7 cents in closing at $3.90 after 168,702 stock units cleared the market. 
Jetcon Corporation advanced 7 cents to 92 cents as 15,073 units changed hands, KLE Group rallied 5 cents to $2.55 with an exchange of 1,077 stock units, Knutsford Express climbed 45 cents to end at $8 in trading 8,237 shares. Lasco Distributors fell 5 cents to end at $3.15 with the swapping of 163,671 stocks, Lasco Financial declined 5 cents to $3.29, with 4,619 stocks changing hands, Lasco Manufacturing shed 9 cents in closing at $4.50 after an exchange of 3,442,151 stock units. Main Event increased 25 cents to $4.75 in exchanging 17,000 units and tTech gained 45 cents to close at $4.70, with 3,500 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More risers than decliners but index slips
Fewer companies’ stocks traded on Tuesday, leading to a slippage in the volume by 14 percent but the value rising by 15 percent higher than on Monday at the close of the Jamaica Stock Exchange Junior Market.
Dolphin Cove closed at a 52 weeks’ high on Tuesday.
Market activity led to 35 securities trading compared to 38 on Monday and ended with 15 rising, nine declining and 11 closing unchanged. The Junior Market Index dropped 16.62 points to settle at 3,400.66.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.5. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Trading ended with 4,676,723 shares for $16,609,083 compared to 5,461,309 units at $14,393,557 on Monday. Jamaican Teas led trading with 1.24 million shares for 26.4 percent of the total volume followed by Future Energy Source, 838,006 units for 17.9 percent of the day’s trade and Tropical Battery, 526,823 units with 11.3 percent market share.
Trading averaged 133,621 shares at $474,545 compared to 143,719 shares at $378,778 on Monday and month to date, an average of 119,440 units at $464,910, versus 117,234 units at $463,411 on Monday.December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, AMG Packaging fell 28 cents to $2.62 in trading 1,483 shares, Dolphin Cove rose $2.45 in ending at $19.20 with an exchange of 164,259 stocks, Everything Fresh climbed 6 cents to end at 98 cents in switching ownership of 45,928 units. Express Catering advanced 5 cents to $5.40 trading 13,925 stock units, Fontana popped 15 cents to close at $7.25 after 62,032 stocks changed hands, Fosrich rallied 50 cents to end at $11.50 after exchanging 38,098 stock units. Future Energy Source gained 5 cents to end at $2.99, with 838,006 units clearing the market, Honey Bun dropped 6 cents in closing at $9.69 with the swapping of 9,875 shares, Indies Pharma popped 10 cents to close at $3.20 after trading 10,747 units. Jetcon Corporation fell 5 cents to 85 cents in exchanging 22,000 stocks, KLE Group gained 25 cents in closing at $2.50, with 2,742 stock units changing hands, Knutsford Express declined 45 cents to close at $7.55 in trading 728 shares. 
Limners and Bards increased 15 cents to end at $3.70 with an exchange of 44,053 units, Main Event rose 30 cents to $4.50, with 2,470 stock units crossing the market, Medical Disposables climbed 21 cents in ending at $6.70 after exchanging 65,529 stocks. Stationery and Office Supplies advanced 9 cents to $5.70 while trading 5,600 shares and tTech shed 53 cents to close at $4.25 in an exchange of 1,579 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Meager gains for Juniors as rising stocks beat out losers
Trading closed on Monday, with the volume of stocks traded rising 59 percent and the value rising 22 percent higher than on Friday as the prices of stock rising exceeded those declining on the Jamaica Stock Exchange Junior Market two to one.
Market activity led to 38 securities trading similar to trading on Friday and ended with 19 rising, nine declining and 10 ending unchanged. At the close, the Junior Market Index popped 5.44 points to 3,417.28.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.5. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years, to August 2022.
Overall, 5,461,309 shares changed hands for $14,393,557 versus 3,426,726 units at $11,765,999 on Friday. Caribbean Assurance Brokers led trading with 1.25 million shares for 22.9 percent of total volume followed by Future Energy Source with 600,408 units for 11 percent of trading and Consolidated Bakeries with 550,740 units for 10.1 percent market share.
Trading averaged 143,719 shares at $378,778 in contrast to 90,177 units at $309,632 on Friday and month to date, an average of 117,234 units at $463,411, compared to 111,853 units at $480,609 on Friday. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, AMG Packaging spiked 56 cents in ending at a 52 weeks’ high of $2.90 with 180,309 shares changing hands, Cargo Handlers popped 39 cents to $7.50 after exchanging 5,812 stock units, Caribbean Assurance Brokers gained 27 cents to close at $2.75 while trading 1,251,586 units. Dolphin Cove popped 85 cents in closing at $16.75 in an exchange of 70,604 stocks, Everything Fresh shed 8 cents to end at 92 cents after 11,113 stocks changed hands, Fontana dropped 30 cents in closing at $7.10 after trading 58,447 units. Fosrich fell $1 to close at $11 after exchanging 32,245 stock units, GWest Corporation climbed 10 cents to end at $1, with 32,240 shares crossing the exchange, Honey Bun advanced 45 cents to $9.75 in trading 8,855 stocks. Jetcon Corporation rose 7 cents to 90 cents, with 74,659 units crossing the market, KLE Group dropped 72 cents to $2.25 trading 164 stock units, Knutsford Express rallied 10 cents to $8, with 8,633 shares crossing the market. 
Lasco Financial climbed 14 cents in closing at $3.34 with an exchange of 24,670 stocks, Lasco Manufacturing declined 5 cents to end at $4.60, with 10,189 shares clearing the market, Lumber Depot lost 15 cents to close at $2.88, with 440,341 stock units changing hands. Main Event increased 19 cents to $4.20 in switching ownership of 602 units, Medical Disposables advanced 12 cents to $6.49 in exchanging 24,880 units and Stationery and Office Supplies shed 9 cents in ending at $5.61 as 8,929 stocks were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market suffers sharp fall
The Jamaica Stock Exchange Junior Market suffered a sizable pull back at the close of the market on Friday, with the volume of stocks traded declining 34 percent less and the value falling 64 percent lower than on Thursday and leading the market index into a big fall at the close.
A total of 38 securities traded compared to 39 on Thursday and ended with 11 rising, 17 declining and 10, closing unchanged and the Junior Market Index losing 32.78 points to settle at 3,411.84.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.3, The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with financial years, up to August 2022.
A total of 3,426,726 shares changed hands for $11,765,999, down sharply from 5,199,743units at $33,066,923 on Thursday. Lumber Depot led trading with 1.2 million shares for 35.1 percent of total volume followed by Caribbean Assurance Brokers 635,609 units with 18.5 percent of the day’s trade and Indies Pharma 243,296 units for 7.1 percent market share.
Trading averaged 90,177 shares at $309,632 compared to 133,327 shares at $847,870 on Thursday and month to date, an average of 111,853 units at $480,609, against 117,381 units at $524,214 previously traded.
December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial dropped $3.67 in ending at $17.08 with the swapping of 2,738 shares, CAC 2000 fell 20 cents to end at $7.70 while exchanging 50 units, Cargo Handlers shed 39 cents in closing at $7.11, with 3,600 stock units crossing the market. Caribbean Assurance Brokers declined 27 cents to close at $2.48 trading 635,609 stocks, Dolphin Cove slipped 10 cents to $15.90 in switching ownership of 90,619 stocks, Fontana lost 6 cents at $7.40 trading 49,726 stock units. General Accident fell 25 cents to $6.35, with 52,292 shares crossing the market, GWest Corporation dropped 9 cents to end at 90 cents after 110 units passed through the exchange, Indies Pharma declined 13 cents in closing at $3.07 after trading 243,296 stocks. 
Jetcon Corporation shed 7 cents to close at 83 cents, with 24,059 shares changing hands, Lasco Distributors declined 15 cents in closing at $3.20 in an exchange of 19,141 units, Lasco Financial advanced 8 cents to close at $3.20 after trading 54,262 stock units. Lasco Manufacturing rallied 5 cents to $4.65 with an exchange of 1,717 stocks, Limners and Bards slipped 10 cents to $3.55 after trading 52,828 shares, Lumber Depot increased 6 cents to $3.03 in exchanging 1,202,497 stock units and Stationery and Office Supplies popped 5 cents to $5.70 in trading 5,581 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market inches higher
The Jamaica Stock Exchange Junior Market rose moderately at the close of trading on Thursday with the volume of stocks traded rising 26 percent and the value up 69 percent from Wednesday levels as the number of securities changing hands rose.
Market activity led to 39 securities trading up from 36 on Wednesday and ended with 15 rising, nine declining and 15, closing unchanged.
At the close, the Junior Market Index rose 3.95 to end at 3,448.57. The PE Ratio, a measure used to compute appropriate stock values, averages 14.5. The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Trading ended with 5,199,743 shares changing hands for $33,066,923 against 4,123,382 units at $19,617,436 on Wednesday. Honey Bun led trading with 3 million shares for 57.7 percent of total volume followed by Caribbean Flavours with 297,998 units for 5.7 percent of the day’s trade and Future Energy Source with 294,424 units for 5.7 percent market share.
Trading averaged 133,327 shares at $847,870 in contrast to 114,538 shares at $544,929 on Wednesday and month to date, averaging 117,381 units at $524,214, compared to 111,727 units at $409,463 on Wednesday. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and three with lower offers.
At the close, AMG Packaging rallied 13 cents to close at $2.35 after exchanging 15,409 shares, Blue Power lost 20 cents to end at $3.35 while 215 units changed hands, CAC 2000 spiked 70 cents to end at $7.90 trading 1,450 stock units. Caribbean Assurance Brokers increased 5 cents in closing at $2.75 with an exchange of 44,671 stocks, Caribbean Cream advanced 39 cents to $5.73, trading 1,028 units, Dolphin Cove climbed 50 cents in closing at $16 with the swapping of 29,920 shares. Express Catering shed 24 cents in ending at $5.35 after 12,991 stocks crossed the exchange, Fosrich popped 16 cents to close at $11.96 in trading 22,455 stock units, General Accident gained 60 cents to end at $6.60 and closed with an exchange of 8,240 units. 
GWest Corporation rose 9 cents to 99 cents, with 15,724 shares changing hands, Indies Pharma increased 16 cents in closing at $3.20 after exchanging 9,011 stock units and Lasco Manufacturing declined 25 cents to close at $4.60 with an exchange of 22,106 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for Junior Market
Trading closed on Wednesday, with the money entering the market jumping 91 percent higher than on Tuesday as the volume of stocks trading rose just 10 percent more than previously traded and resulted in the Jamaica Stock Exchange Junior Market rising at the close.
The Junior Market Index popped 24.26 points to settle at 3,444.62 as 36 securities traded, down from 39 on Tuesday and ended with 11 rising, 14 declining and 11, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages14.4. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years, up to August 2022.
A total of 4,123,382 shares traded for $19,617,436 compared to 3,733,550 units at $10,264,636 on Tuesday. Cargo Handlers led trading with 963,019 shares for 23.4 percent of total volume followed by Lumber Depot with 446,212 units for 10.8 percent of the day’s trade and Jamaican Teas 443,682 units for 10.8 percent market share.
Trading averaged 114,538 shares at $544,929, up from 95,732 shares at $263,196 on Tuesday and month to date, an average of 111,727 units at $409,463, compared to 110,359 units at $343,561 on Tuesday. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Caribbean Assurance Brokers increased 10 cents in closing at $2.70 after 429,197 shares crossed the exchange, Dolphin Cove shed 68 cents to end at $15.50 with the swapping of 188,804 stocks, Fosrich lost 70 cents to $11.80 with 22,668 units passing through the market. General Accident fell 88 cents to close at $6 in an exchange of 1,251 stock units, GWest Corporation popped 5 cents in ending at 90 cents with 2,188 units changing hands Honey Bun gained 9 cents in closing at $9.30 while exchanging 48,734 stock units. Indies Pharma lost 14 cents after ending at $3.04 in exchanging 137,581 stocks, KLE Group popped 67 cents to close at $2.97 with 1,000 shares clearing the market, Knutsford Express dropped 10 cents to $7.90 after exchanging 40 units. 
Lasco Distributors shed 6 cents to end at $3.31 in trading 51,791 shares, Lasco Manufacturing climbed 28 cents to $4.85 with 127,945 stock units crossing the market, Limners and Bards declined 7 cents in closing at $3.69 trading 73,328 stocks. Main Event fell 49 cents to close at $4.01 in trading 6,383 stocks, Paramount Trading rallied 5 cents to end at $1.20 in exchanging 5,850 stock units and Stationery and Office Supplies dropped 20 cents to $5.65 in switching ownership of 200,353 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market suffers sharp pullback
Trading closed on Tuesday, with the volume of stocks traded declining after trading 16 percent less, valued 32 percent less than on Monday and resulted in a sharp pullback in the market index at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 39 securities trading up from 35 on Monday and ended with 15 rising, 15 declining and nine closed unchanged after Fosrich traded at a record high of $12.50. The Junior Market Index dropped 33.47 points to settle at 3,420.36.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.7. The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with the financial years, ending up to August 2022.
Trading accounted for 3,733,550 shares for $10,264,636 down from 4,433,043 units at $15,158,849 on Monday. GWest Corporation led trading with 1.02 million shares for 27.4 percent of total volume followed by Future Energy Source with 262,958 units for 7 percent of the day’s trade and Tropical Battery with 218,718 units for 5.9 percent market share.
Trading averaged 95,732 shares at $263,196 against 126,658 shares at $433,110 on Monday and month to date, an average of 110,359 units at $343,561. December trading average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Blue Power gained 38 cents in ending at $3.54 after trading 6,500 shares, Cargo Handlers popped 49 cents to $7.50 in exchanging 55,000 stocks, Caribbean Assurance Brokers rallied 10 cents to $2.60, with 210,601 units clearing the market. Dolphin Cove fell 82 cents to $16.18, trading 34,952 stock units, Elite Diagnostic dropped 5 cents to end at $2.95, with 1,682 units crossing the market, Everything Fresh popped 6 cents to end at $1 while exchanging 147,525 shares. Express Catering advanced 15 cents in ending at $5.60 with an exchange of 14,660 stocks, Fosrich popped $2.25 to $12.50, with 43,486 stock units changing hands, General Accident jumped 88 cents to $6.88 in switching ownership of 13,790 shares. Indies Pharma shed 21 cents to close at $3.18 trading 211,525 units, KLE Group spiked 30 cents in closing at $2.30 in trading 866 stocks, Lasco Financial rose 6 cents to end at $3.12 with the swapping of 8,307 stock units.
Lasco Manufacturing declined 20 cents to close at $4.57, with 716 stocks crossing the exchange, Main Event lost 5 cents at $4.50 after exchanging 8,275 shares, Medical Disposables advanced 31 cents to $6.36 with an exchange of 19,731 stock units. Paramount Trading fell 10 cents in closing at $1.15 and trading 12,630 units and Stationery and Office Supplies shed 54 cents to end at $5.85 with 151 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market rises on light trading
Trading closed on Monday, with the volume of stocks traded rising declining 88 percent with the value falling by 86 percent lower than on Friday after the market index rose at the close of the Jamaica Stock Exchange Junior Market.
A total of 35 securities traded down from 39 on Friday with 13 rising, 15 declining and seven closing unchanged.
At the close, the Junior Market Index popped 25.53 points to 3,453.83 after trading as high as 3,476.12 within 15 minutes of the market’s opening.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.5. The PE ratios of stocks in the chart below are based on earnings forecasts by ICInsider.com for companies with their financial year ending up to August 2022.
Trading ended with 4,433,043 shares changing hands for $15,158,849 versus 36,836,465 units at $111,353,786 on Friday. Caribbean Assurance Brokers led trading with 1.17 million shares for 26.3 percent of total volume, followed by Derrimon Trading, 938,417 units for 21.2 percent of the day’s trade and Mailpac Group 655,668 units with a 14.8 percent market share.
Trading averaged 126,658 shares at $433,110 down from 944,525 shares at $2,855,225 on Friday. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial increased $1.75 to $20.75 after trading just 47 shares, Blue Power spiked 18 cents to $3.16 with 2,193 stocks clearing the market, Cargo Handlers dropped $1.24 to $7.01, with the swapping of 4,531 stock units. Caribbean Assurance Brokers gained 10 cents to close at $2.50, with 1,165,378 units crossing the market, Caribbean Cream shed 38 cents to end at $5.32, with 3,668 units changing hands, Dolphin Cove popped $2 to end at $17 after exchanging 179,535 shares. Elite Diagnostic rose 15 cents to $3 in exchanging 125,078 stocks, Fosrich advanced 5 cents to close at a 52 weeks’ high of $10.25 after trading at 7,539 stock units, Indies Pharma fell 11 cents to $3.39 in switching ownership of 58,076 shares. Jetcon Corporation declined 5 cents in closing at 88 cents after an exchange of 189,015 stock units, KLE Group climbed 21 cents to $2 in trading 8,014 stocks, Knutsford Express lost 32 cents to end at $8 with 1,509 units changing hands.
Lasco Financial rallied 6 cents to close at $3.06 with an exchange of 259,716 units, Limners and Bards dipped 11 cents to $3.76 in an exchange of 144,683 shares, Lumber Depot slipped 11 cents to $3 while exchanging 122,784 stock units. Mailpac Group declined 29 cents to $3.49, with 655,668 stocks changing hands, Main Event rose 5 cents to $4.55 in trading 40,000 shares and Medical Disposables fell 44 cents to end at $6.05 after 6,197 stock units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
