Junior Market jumps sharply on Thursday

Trading surged on the Junior Market of the Jamaica Stock Exchange Thursday, as JFP Limited dominated trading with more than 102 million shares that sent the volume of stocks traded surging 939 percent and the value 228 percent higher than on Wednesday after trading took place in 47 securities compared with 43 on Wednesday and ended with 28 rising, seven declining and 12 closing unchanged.
Investors traded 118,542,020 shares for $209,049,547 up from 11,405,529 units at $63,776,052 on Wednesday.
Trading averaged 2,522,171 shares at $4,447,863, compared to 265,245 shares at $1,483,164 on Wednesday with the month to date, averaging 309,922 units at $831,805 compared with 190,821 stock units at $637,126 on the previous day. May closed with an average of 239,954 units at $648,811 and exceeds the average up to Wednesday but below Thursday’s level with the jump in trading on Thursday.
JFP Ltd led trading with 102.22 million shares for 86.2 percent of total volume followed by ONE on ONE Educational with 4.86 million units for 4.1 percent of the day’s trade, Jetcon Corporation ended with 3.61 million units for 3 percent of shares traded, Fosrich closed with 1.51 million units for 1.3 percent market share and Dolla Financial with 1.18 million units for 1 percent of total volume.
At the close, the Junior Market Index rose 53.19 points to settle at 3,960.19 to be down 0.7 percent for the year to date and up 10.2 percent since this year’s low in mid-March.
The PE Ratio, a measure of computing appropriate stock values, averages 11.3. The PE ratios of Junior Market stocks are computed based on the last traded stock prices in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial increased $3 to $25.50 in an exchange of 58,731 shares. Thursday’s takes place following a long period that the stock has struggled to move higher in price but has been trading in above average volumes since June 16, not seen for some time, excluding the last trading day of a month, with Thursday being the largest trade and follows just over 25,000 units on June 27, over 17,000 on June 26 and 43,654 on June 22 with three other days since the sixteen of June of more than 15,700 hares, this suggests something out of the ordinary can be expected. Blue Power rallied 75 cents to end at $3.05, with 43,155 stock units crossing the market, CAC 2000 advanced 43 cents to close at $7.07 in an exchange of 638 stocks, Cargo Handlers popped $1.99 in closing at $21 with 13 units clearing the market, Caribbean Cream climbed 20 cents to $4.70 after an exchange of 68,819 stocks, Consolidated Bakeries rose 9 cents and ended at $2.51, with 90,000 stock units changing hands, Express Catering gained 10 cents in closing at $5.50 with shareholders swapping 35,146 units, Future Energy Source rose 18 cents to $3.98 with a transfer of 336,638 shares, but only after sinking to a 52 weeks’ intraday low of $3.33. ISP Finance popped $2.04 to end at $22.04 while exchanging 806 units, Lasco Financial advanced 32 cents to close at $2.67 and closed with 402,641 shares changing hands, Lumber Depot gained 9 cents to close at $2.19 after trading 228,666 stock units. Main Event climbed 95 cents in closing at a 52 weeks’ high of $16.20 in switching ownership of 66,869 stocks, Medical Disposables increased 10 cents to $4.20, with 52,711 stock units crossing the market, MFS Capital Partners declined 9 cents and ended at $2.92 in trading 86,519 shares. Regency Petroleum rallied 11 cents to end at $2.60, with 556,398 stocks crossing the exchange, Stationery and Office Supplies rallied 11 cents to $23.50 as 95,854 units passed through the market and tTech gained 15 cents in closing at $2.25 after a transfer of 10 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on Junior Market

The Junior Market of the Jamaica Stock Exchange inched higher on Wednesday, following a 43 percent rise in the volume of stocks traded with the value jumping 97 percent more than on Tuesday after trading in 43 securities trading compared with 46 on Tuesday and ended with 18 rising, 20 declining and five closing unchanged.
Investors traded 11,405,529 shares for $63,776,052 versus 7,980,472 units at $32,399,094 on Tuesday.
Trading averaged 265,245 shares at $1,483,164, compared with 173,489 stocks at $704,328 on Tuesday, with the month to date, averaging less than May, with 190,821 units at $637,126 compared with 186,965 stock units at $593,295 on the prior day. Trading in May averaged 239,954 shares at $648,811.
Fontana led trading with 4.11 million shares for 36 percent of total volume, ONE on ONE Educational followed with 1.20 million units for 10.5 percent of the day’s trade and Dolla Financial ended with 1.14 million units for 10 percent share of the market.
At the close, the Junior Market Index rallied 2.98 points and concluded trading at 3,907.00 and remains with a loss of 2 percent for the year to date.
The PE Ratio, a measure of computing appropriate stock values, averages 11. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial lost $2.80 and ended at $22.50 trading a mere 116 shares, AMG Packaging popped 16 cents to close at $2.45 in an exchange of 200,834 stock units, CAC 2000 declined 45 cents to $6.64, with 184 stocks crossing the market. Cargo Handlers fell $2.49 in closing at $19.01 with 6,517 units changing hands, Caribbean Cream gained 59 cents to end at $4.50, with just 350 stocks crossing the exchange, Consolidated Bakeries rose 17 cents to close at $2.42 while exchanging 11 stock units. Elite Diagnostic dipped 8 cents in closing at $2.22 with a transfer of 10,644 shares, Fontana advanced 49 cents to $10.50 after a transfer of 4,106,488 units, Fosrich shed 12 cents to end at $2.22 as investors exchanged 263,109 units. Future Energy Source dropped 11 cents to a 52 weeks’ closing low of $3.80 after exchanging 244,167 stocks, iCreate climbed 10 cents to end at $1.10 with an exchange of 143,299 stock units, ISP Finance dipped $4.99 in closing at $20 after investors exchanged 1,108 shares. Jamaican Teas rallied 25 cents to $2.35 in switching ownership of 669,921 shares, Knutsford Express lost $1.09 to close at $10.81 after an exchange of 11,313 stock units, Lumber Depot dropped 8 cents to $2.10 as 5,853 stocks passed through the market. Main Event increased 20 cents and ended at a record close of $15.25 in an exchange of 26,375 units, Medical Disposables shed 72 cents to end at $4.10 with investors transferring 4,153 shares, MFS Capital Partners advanced 12 cents to $3.01 and closed with an exchange of 44,286 stocks. ONE on ONE Educational rose 9 cents in closing at $1.12 in trading 1,198,565 units, Stationery and Office Supplies declined 52 cents to close at $23.39, with 238,565 stock units changing hands and tTech fell 14 cents in closing at $2.10, with 589 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market hit by falling stocks

The Junior Market of the Jamaica Stock Exchange dropped sharply on Tuesday, with 15 rising, 21 declining and 10 closing unchanged with the volume of stocks traded rising 23 percent and the value jumping 75 percent more than on Monday with trading in 46 securities compared with 45 on Monday, with the Junior Market Index dropping 51.89 points to end at 3,904.02, to be down 2.1 percent for the year to date.
Investors traded 7,980,472 shares for $32,399,094 up from 6,499,546 units at $18,510,251 on Monday.
Trading averaged 173,489 shares at $704,328 up from 144,434 units for $411,339 on Monday.  The average trade for the month to date is 186,965 shares at $593,295 compared with 187,756 stock units at $586,780 on the previous day. May closed with an average of 239,954 units at $648,811.
Jetcon Corporation led trading with 1.58 million shares for 19.9 percent of total volume followed by Fosrich with 857,118 units for 10.7 percent of the day’s trade and ONE on ONE Educational with 624,896 units for 7.8 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 11.2. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial climbed $2.80 to $25.30 with 25,006 shares clearing the market, Blue Power lost 35 cents to end at $2.30 after a transfer of 7,604 stock units, Cargo Handlers shed 50 cents to end at $21.50 with a transfer of 872 stocks, Caribbean Cream fell 79 cents to $3.91 and closed with 16 units changing hands. Consolidated Bakeries dropped 17 cents in closing at $2.25 with 67 units crossing the exchange, Dolphin Cove dipped 87 cents and ended at $16.10 with stakeholders exchanging 18,605 stock units, Fosrich rose 15 cents to end at $2.34 in an exchange of 857,118 stocks, Future Energy Source declined 11 cents in closing at $3.91 after an exchange of 229,536 shares. Honey Bun popped 10 cents to $6.65 as investors traded 2,966 stocks, Iron Rock Insurance increased 20 cents to close at $2.30 with a transfer of 1,000 units, Knutsford Express dipped 9 cents in closing at $11.90 with an exchange of 4,126 shares, Lasco Distributors rallied 18 cents to end at a 52 weeks’ high of $3.58 with shareholders swapping 464,970 stock units. Lasco Manufacturing advanced 36 cents and ended at $4.88 in trading 81,749 units, Mailpac Group dropped 9 cents to close at $1.85, with 126,290 stocks crossing the market, Main Event gained 15 cents to close at a 52 weeks’ high of $15.05 in trading 610,521 shares, Medical Disposables rose 57 cents to end at $4.82, with just one stock crossing the market and Stationery and Office Supplies declined $1.59 to $23.91 in switching ownership of 344,146 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market risers and losers shared honours

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Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the recent star Stationery and Office Supplies falling back sharply from the high of $35 it reached last week down to $25.50 as the volume of stocks traded declining 19 percent with a 39 percent lower value than Friday with 45 securities trading compared with 43 on Friday and ended with 18 rising, 18 declining and nine closing unchanged.
At the close, 6,499,546  shares were traded for $18,510,251, down from 8,041,831 units at $30,510,717 on Friday.
Trading averaged 144,434 shares at $411,339, compared with 187,019 shares at $709,552 on Friday with the month to date, averaging 187,756 units at $586,780 compared with 190,394 stock units at $597,463 on the previous day. Trading in May averaged 239,954 units at $648,811.
Image Plus Consultants led trading with 1.29 million shares for 19.9 percent of total volume followed by ONE on ONE Educational with 680,010 units for 10.5 percent of the day’s trade and Mailpac Group with 572,408 units for 8.8 percent market share.
At the close, the Junior Market Index popped 13.44 points to close at 3,955.91 and is now down less than one percent for the year to date and up 10 percent since the low in March and is fraction adrift of the 3,963.89 points reached on February 17, the previous high.
The PE Ratio a measure of computing appropriate stock values, averages 11.2. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging lost 37 cents in closing at $2.29 with a transfer of 1,275 shares, Cargo Handlers fell 9 cents to $22, with 4 stock units changing hands, Caribbean Assurance Brokers dropped 65 cents to end at $3.35 while exchanging 15,496 stocks. Caribbean Cream rallied 70 cents to end at $4.70 with an exchange of 11,619 units, Consolidated Bakeries gained 23 cents to close at $2.42 after 3,344 shares crossed the exchange, Dolphin Cove rose 97 cents in closing at $16.97 as 11,757 units passed through the market. Elite Diagnostic climbed 13 cents to $2.35 in an exchange of 208,580 stocks, GWest Corporation advanced 10 cents to close at $1.03 after 86 stock units changed hands, Honey Bun dipped 14 cents to end at $6.55 in switching ownership of 12,480 stocks. iCreate popped 14 cents and ended at $1.05 after a transfer of 389,514 stock units, Iron Rock Insurance increased 10 cents to end at $2.10 and closed with 2,954 units being trading, Knutsford Express climbed $1.16 to $11.99 with investors transferring 270 shares. Lasco Manufacturing declined 38 cents in closing at $4.52, with stakeholders exchanging 5,357 shares, Limners and Bards shed 9 cents to close at $2.11, with 3,794 stock units crossing the market, Main Event dipped 10 cents and ended at $14.90 in an exchange of 23,047 stocks. Medical Disposables popped 19 cents in closing at $4.25, with 4,596 units crossing the market, MFS Capital Partners dropped 15 cents to $2.85 as investors exchanged 17,000 shares and Stationery and Office Supplies fell $2.50 to $25.50 with shareholders swapping 188,272 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market falls on Thursday

The Junior Market of the Jamaica Stock Exchange closed down on Thursday, with the number of securities that were traded remaining at 40, similar to Wednesday and ended with 15 rising, 16 declining and nine closing unchanged, following a 42 percent decline in the volume of stocks traded with 36 percent lower value than on Wednesday.
Investors traded 5,875,457 shares for $28,016,001 compared to 10,079,171 units at $43,487,229 on Wednesday.
Trading averaged 146,886 shares at $700,400, compared to 251,979 units at $1,087,181 on Wednesday, with the month to date average of 190,602 units at $590,538 versus 193,268 stock units at $583,839 on the previous day. May closed with an average of 239,954 units at $648,811.
iCreate led trading with 708,021 shares for 12.1 percent of total volume, followed by ONE on ONE Educational with 543,343 units for 9.2 percent of the day’s trade and EduFocal with 478,870 units for 8.2 percent market share.
At the close, the Junior Market Index declined 19.18 points to end at 3,916.95.
The PE Ratio, a measure of computing appropriate stock values, averages 11.1. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial gained 55 cents to $22.55, with 43,654 shares crossing the market, Blue Power shed 9 cents in closing at $2.09 with an exchange of 247,310 stock units, Cargo Handlers dipped 9 cents to $22 with investors transferring 981 stocks. Caribbean Assurance Brokers climbed 31 cents to close at a 52 weeks’ high of $3 after an exchange of 107,658 units, Caribbean Flavours dropped 15 cents and ended at $1.20 with an exchange of 90,872 units, Consolidated Bakeries declined 23 cents in ending at $2.19 with a transfer of 2,234 shares. Dolphin Cove rose 57 cents in closing at $15.85 after an exchange of 37,263 stocks, Future Energy Source gained 9 cents to end at$4 with 281,377 stocks changing hands, General Accident climbed 45 cents to end at $5.25, with 14,774 stocks crossing the market. Jamaican Teas fell 9 cents to close at $2.07 after exchanging 475,361 shares, JFP Ltd lost 9 cents in closing at $1.55, with investors trading 401,657 stock units, KLE Group popped 13 cents to end at $1.76 after a transfer of 20,000 units. Lasco Distributors rallied 17 cents to $3.38 in an exchange of 2,684 units, Main Event climbed 10 cents to $14.85 as investors exchanged 86,704 stocks, MFS Capital Partners fell 20 cents to close at $2.80 in switching ownership of 102,790 shares and Stationery and Office Supplies declined $1.09 to close at $33.89, with 397,867 stock units clearing the market, ahead of the announcement of a split of each share into 9 effective July 25 subject to approval at the annual general meeting on the same day.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

SOS hits new high & pushed Junior Market higher

Stationery and Office Supplies boosted activity on the Junior Market of the Jamaica Stock Exchange on Wednesday with the price racing to another new record high of $34.98, as investors continued to respond aggressively to an announcement that directors would be considering a stock split and in the process pushed the price up 75 percent since Monday and just over 100 percent for the year to date, the move helped the Junior market advanced 25.03 points to 3,936.13.
Trading closed with a 15 percent rise in the volume of stocks traded, with 10 percent less value than on Tuesday after trading in 40 securities compared with 43 on Tuesday and ended with 12 rising, 17 declining and 11 closing unchanged.
A total of 10,079,171 shares were traded for $43,487,229 compared to 8,787,937 units at $48,253,320 on Tuesday.
Trading averaged 251,979 shares at $1,087,181 compared to 204,371 stocks at $1,122,170 on Tuesday with the month to date, averaging 193,268 units at $583,839 compared with 189,456 stock shares at $551,155 on the previous day. May closed with an average of 239,954 units at $648,811.
Dolla Financial led trading with 2.77 million shares for 27.5 percent of total volume followed by Image Plus Consultants with 1.84 million units for 18.3 percent of the day’s trade and ONE on ONE Educational with 668,531 units for 6.6 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 11.1. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Access Financial lost $1.20 in closing at $22 in an exchange of 15,750 shares, Blue Power shed 30 cents to close at $2.18 with 2,783 units changing hands, Cargo Handlers rallied $3.89 to end at $22.09 in trading 3,144 stock units, Caribbean Assurance Brokers gained 19 cents and ended at $2.69 with a transfer of 555,390 stocks, Caribbean Flavours popped 20 cents to $1.35 with investors trading 31,181 units, Dolla Financial dipped 14 cents in closing at $2.36 as shareholders swapped 2,774,569 stocks, Dolphin Cove rallied 28 cents to end at $15.28 and closed at 17,377 units, Express Catering rose 41 cents to $5.40 after investors exchanged 221 shares, Future Energy Source dipped 10 cents to close at $3.91, with stakeholders exchanging 174,638 stocks, iCreate rose 13 cents and ended at $1.20 after stakeholders trading 27,112 stock units, Indies Pharma fell 10 cents in closing at $3 as 352,201 shares passed through the market, Knutsford Express declined 80 cents to end at $11 12,605 units changing hands, Lasco Distributors dipped 17 cents to $3.21 crossing the market, with 72,561 stocks, Mailpac Group shed 10 cents to close at $1.85, with 256,349 units crossing the exchange, Medical Disposables dropped 19 cents to close at $4.06 after a transfer of 16,120 stock units, Spur Tree Spices fell 9 cents and ended at $2.33, with 50,188 shares clearing the market and Stationery and Office Supplies climbed $8.53 in closing at a record high of $34.98 in an exchange of 633,397 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

SOS highlights Junior Market trading

Stationery and Office Supplies was the highlight of the Junior Market of the Jamaica Stock Exchange on Tuesday with the price closing at a record high of $26.45 with more than 500,000 share trading and closed with bids at $26.45 to buy 220,709 shares and at $26 to buy 114,415 shares, in contrast,  stocks offered at the close were light starting at $30.50. The sharp rally follows an announcement of a directors’ meeting on Wednesday to discuss a possible stock split.
Trading closed with the volume of stocks traded rising 53 percent, with an increase of 182 percent in value compared to Monday, following trading in 43 securities compared with 44 on Monday and ended with 14 rising, 18 declining and 11 closing unchanged.
Investors traded 8,787,937 shares for $48,253,320 up from 5,733,266 units at $17,140,162 on Monday.
Trading averaged 204,371 shares at $1,122,170, with 130,302 shares at $389,549 on Monday, with  a month to date, average of 189,456 units at $551,155 compared to 188,336 stock units at $508,304 on the previous day. May closed with an average of 239,954 units at $648,811.
Image Plus Consultants led trading with 1.28 million shares for 14.6 percent of total volume followed by Dolphin Cove with 1.17 million units for 13.3 percent of the day’s trade and Fosrich with 935,005 units for 10.6 percent market share.
At the close, the Junior Market Index advanced 31.19 points to settle at 3,911.10 and reclaimed the 3,900 mark, the highest since Mid-February.
The PE Ratio, a measure of computing appropriate stock values, averages 11 The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Cargo Handlers declined $3.80 to close at $18.20 in trading 275 shares, Caribbean Assurance Brokers fell 10 cents to end at $2.50 in an exchange of 97,168 stock units, Caribbean Cream dropped 17 cents to $4 with stakeholders exchanging 95,150 units.Caribbean Flavours dipped 21 cents in closing at $1.15, with 111,166 stocks crossing the exchange, Dolla Financial shed 9 cents and ended at $2.50 as investors exchanged 481,548 stocks, Elite Diagnostic rose 27 cents to close at $2.30 with a transfer of 692 units. Express Catering lost 21 cents to close at $4.99, with 105,200 stock units crossing the market, Fosrich fell 23 cents to $2.30 after 935,005 shares were traded, Honey Bun rallied 46 cents and ended at $6.96 with 8,515 stocks clearing the market. iCreate lost 18 cents to end at $1.07 in switching ownership of 118,688 units, Iron Rock Insurance climbed 15 cents to $2.15 as 237 shares passed through the market, ISP Finance dipped $6.49 to $19.91 after an exchange of 5,211 stock units. JFP Ltd shed 11 cents and ended at $1.57 in an exchange of 930,469 units, Lasco Manufacturing advanced 10 cents to close at $4.50 with investors transferring 344 shares, Main Event increased 86 cents in closing at $14.75, with 55,905 stocks crossing the market, Regency Petroleum declined 20 cents to close at $2.60 while exchanging 705,529 stock units and Stationery and Office Supplies gained $6.45 in closing at a record high of $26.45 with shareholders swapping 523,811 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market edged lower

The Junior Market of the Jamaica Stock Exchange closed lower on Monday after trading closed with trading occurring in 44 securities compared with 46 on Friday and resulted in 20 rising, 14 declining and 10 closing unchanged, with stocks traded moderately more than those on Friday.
Investors traded 5,733,266 shares for $17,140,162 up from 5,255,540 units at $16,475,124 on Friday.
Trading averaged 130,302 shares at $389,549 compared to 114,251 shares at $358,155 on Friday with a month to date, average of 188,336 stock units at $508,304 compared to 193,163 stocks at $518,181 on the previous trading day. Trading in May averaged 239,954 units at $648,811.
Fosrich led trading with 1.79 million shares for 31.1 percent of total volume followed by Future Energy Source with 406,539 units for 7.1 percent of the day’s trade and Dolla Financial with 395,974 units for 6.9 percent market share.
At the close, the Junior Market Index dipped 7.88 points to close at 3,879.91.
The PE Ratio. a measure of computing appropriate stock values averages 11.3, The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial gained $1.10 in closing at $23.20 in trading 413 shares, CAC 2000 popped 45 cents to $7.09, with 6 units crossing the market, Caribbean Cream advanced 28 cents to close at $4.17 in an exchange of 50,254 stock units. Dolphin Cove dropped 77 cents to $15 with a transfer of 41,886 stocks, Elite Diagnostic dipped 17 cents to end at a 52 weeks’ closing low of $2.03 in an exchange of 100 stock units, Express Catering rallied 35 cents in closing at $5.20 after 3,572 shares were traded. Fontana climbed 22 cents to $10 with investors transferring 296,898 units, Fosrich rose 18 cents to close at $2.53, with 1,785,528 stocks crossing the market, General Accident fell 20 cents and ended at $4.80 after stakeholders exchanged 58,696 stocks. Honey Bun shed 46 cents to end at $6.50 in switching ownership of 13,750 shares, Image Plus Consultants lost 9 cents in closing at $2 with shareholders swapping 363,700 units, Indies Pharma rose 12 cents to $3.17, with 3 stock units changing hands. ISP Finance rallied 40 cents to end at $26.40, with 202 shares clearing the market, Knutsford Express rose 80 cents to close at $11.80 after stakeholders traded 4,447 stocks, Lasco Manufacturing declined 9 cents and ended at $4.40 as investors exchanged 30,760 stock units. Limners and Bards climbed 9 cents to end at $2.20 after an exchange of 12,157 units, Main Event dropped 81 cents to $13.89 after a transfer of 5,855 stock units, Regency Petroleum gained 9 cents in closing at $2.80 after 85,023 units passed through the market and tTech shed 10 cents and ended at $2.20 while exchanging 1,394 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big jump in Junior Market Index

The Junior Market of the Jamaica Stock Exchange closed higher on Friday, as upward momentum in the market is quietly shifting upwards, as it closed on Friday just 2.5 percent below December 2022 level, with indicators pointing to the market capturing higher grounds in the near future.
The Junior Market Index jumped 44.82 points to close at 3,887.79, the highest point since March 3 this year.
The volume of stocks traded declined 46 percent with a 29 percent lower value than on Thursday from trading in the same number of securities as the market closed with prices of 17 rising, 16 declining and 13 closing unchanged.
Investors traded 5,255,540 shares for $16,475,124 versus 9,723,498 units at $23,066,193 on Thursday.
Trading averaged 114,251 shares at $358,155 compared with 211,380 shares at $501,439 on Thursday with the month to date, averaging 193,163 units at $518,181 compared to 200,679 stock units at $533,422 on the previous day. May closed with an average of 239,954 units at $648,811.
Future Energy Source led trading with 856,557 shares for 16.3 percent of the day’s volume followed by Tropical Battery with 854,433 units for 16.3 percent of the day’s trade and Dolla Financial ended with 799,524 units for 15.2 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 11.1. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial dropped $2.87 to end at $22.10 with shareholders swapping 17,027 shares, AMG Packaging climbed 34 cents to $2.64, with 1,320 stocks changing hands, Blue Power dipped 10 cents to close at $2.55, with stakeholders exchanging 30 stocks. Cargo Handlers gained $2.80 in closing at 52 weeks’ high of $22, with 48 units crossing the exchange, with the stock being set up for a split, Caribbean Flavours popped 13 cents to $1.38 in an exchange of 395 stock units, Dolphin Cove rallied 77 cents to close at $15.77 with investors transferring 40,679 units. Elite Diagnostic advanced 16 cents and ended at $2.20 in switching ownership of 2,226 stocks, Express Catering declined 15 cents to $4.85 with investors trading 69,945 shares, Iron Rock Insurance shed 15 cents in closing at $2 with a transfer of 335 stock units. Limners and Bards lost 9 cents to end at $2.11, with 52,081 stocks clearing the market, Paramount Trading rose 8 cents to close at $2.19 in an exchange of 40 units, Regency Petroleum fell 10 cents to end at $2.71 and closed with 29,734 shares changing hands.Spur Tree Spices declined 13 cents to end at $2.40 as investors exchanged 234,953 stocks and Stationery and Office Supplies dropped $1.96 to $20 after 10,704 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

Junior Market drifts in trading

Trading dropped and the Junior Market of the Jamaica Stock Exchange pulled back on Thursday, with the volume of stocks traded declining 16 percent and the value 18 percent from Wednesday outturn, with 46 securities trading compared with 43 on Wednesday, with prices of 16 stocks rising, 22 declining and eight closing unchanged.
Investors traded 9,723,498 shares for $23,066,193 compared to 11,588,780 units at $28,016,741 on Wednesday.
Trading averaged 211,380 shares at $501,439, down from 269,507 shares at $651,552 on Wednesday, with a month to date average of 200,679 units at $533,422 compared with 199,552 stock units at $536,788 on the previous day. May ended with an average of 239,954 units at $648,811.
KLE Group led trading with 3.31 million shares for 34 percent of total volume, followed by Fosrich with 2.06 million units for 21.2 percent of the day’s trade and Future Energy Source with 479,757 units for 4.9 percent market share.
At the close, the Junior Market Index declined 23.99 points to 3,842.97.
The PE Ratio, a measure of computing appropriate stock values, averages 11.2. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging dipped 15 cents in closing at $2.30 after a transfer of 25,113 shares, Blue Power advanced 45 cents to $2.65 in an exchange of 13,770 stocks, CAC 2000 declined 45 cents to $6.64 after stakeholders traded 11 units. Caribbean Flavours dropped 15 cents to $1.25 with a transfer of 1,860 stock units, Consolidated Bakeries popped 12 cents to $2.42 after an exchange of 156,000 stocks, Dolphin Cove shed 93 cents to end at $15 while exchanging 18,276 stock units. Elite Diagnostic lost 16 cents in closing at a 52 weeks’ low of $2.04, with 7,552 shares crossing the exchange, Express Catering rose 12 cents to close at $5, with an exchange of 22,988 units, Fontana rallied 15 cents to $9.75, with 95,969 stock units changing hands. Fosrich increased 25 cents to close at $2.40 with stakeholders trading 2,062,959 units, Future Energy Source climbed 11 cents and ended at $4 with shareholders swapping 479,757 shares after the stock traded at an intraday 52 weeks’ low of $3.75. General Accident  23 cents to end at $5 in switching ownership of 4,500 stocks, iCreate dipped 11 cents to $1.17 with an exchange of 20,000 units. ISP Finance declined 45 cents to close at $26 after 5,727 shares changed hands, KLE Group fell 17 cents in closing at $1.60 in an exchange of 3,309,710 stocks, Knutsford Express dropped 45 cents in closing at $11.05 in trading 4,536 stock units. Lasco Manufacturing gained 14 cents to close at $4.49 after exchanging 50,745 stocks, Regency Petroleum lost 10 cents to end at $2.81, with 126,729 stock units crossing the market, Stationery and Office Supplies shed $2.04 to $21.96 after 5,291 units passed through the market and tTech fell 20 cents to $2.30 as investors exchanged 163 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.