All the stocks listed on the Junior Market of the Jamaica Stock Exchange traded Monday, with the volume and value plunging 79 percent down from Friday, as 46 securities traded versus 43 on Friday, ended with 11 rising, 26 declining and nine closing unchanged.
A total of 7,922,625 shares were traded for $26,322,732 compared to 37,285,244 units at $127,295,549 on Friday. Trading averaged 172,231 shares at $572,233 down from 867,099 shares at $2,960,362 on Friday with month to date, averaging 605,458 units at $2,008,639 compared to 719,335 units at $2,386,208 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
Dolla Financial led trading with 2.4 million shares for 30.2 percent of total volume followed by Fosrich with 604,885 units for 7.6 percent of the day’s trade and Lasco Financial with 496,567 units for 6.3 percent market share.
At the close, the Junior Market Index dropped 25.45 points to settle at 4,124.10. The PE Ratio, a measure of computing appropriate stock values, averages 12.9.
The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AMG Packaging shed 20 cents in ending at $3.65 while exchanging 18,567 shares, CAC 2000 fell 50 cents to $7 in trading 6,647 stock units, Cargo Handlers gained 95 cents to end at a 52 weeks’ high of $14.90, with 2,731 stocks changing hands. Caribbean Assurance Brokers advanced 10 cents to close at $2.60 in exchanging 94,353 units, Consolidated Bakeries rose 32 cents to $1.72 with an exchange of 478,898 stock units, Dolphin Cove popped 21 cents to close at $14.81 with the swapping of 52,223 stocks. Elite Diagnostic dropped 13 cents in ending at $3.32, with 25,389 shares clearing the market, Express Catering lost 38 cents to end at $5.21 as 53,200 units changed hands, Fontana declined 25 cents in closing at $9.95 after exchanging 46,770 stocks. Future Energy Source shed 14 cents to end at $5.45 in exchanging 468,925 shares, Honey Bun dropped 11 cents to close at $8 in trading 30,486 stock units, iCreate lost 20 cents to end at $4.30, with 190,479 units crossing the market. Lumber Depot climbed 10 cents to $3 in switching ownership of 187,906 units, Mailpac Group fell 14 cents in closing at $2.31 after 135,639 stocks crossed the exchange, Medical Disposables declined $1.15 to $6.05 trading 6,931 stock units. SSL Venture shed 79 cents to end at $3.56, with 449,140 shares crossing the market and Stationery and Office Supplies lost 40 cents to close at $18 in finishing the transfer of 54,587 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.