Trading closed on the Junior Market of the Jamaica Stock Exchange on Thursday, with the volume and the value of stocks traded rising 69 percent and 79 percent, respectively, above the outcome on Wednesday with 43 securities trading versus 41 on Wednesday and ended with 22 rising,13 declining and eight ended unchanged, leading the Junior Market Index to rally 3.73 points to close at 4,094.15.
A total of 10,883,378 shares were exchanged for $43,051,001, compared to 6,431,868 units at $24,069,213 on Wednesday. Trading averaged 253,102 shares at $1,001,186 compared to 156,875 shares at $587,054 on Wednesday, with the month to date, averaging 363,890 units at $1,223,095 compared to 370,451 units at $1,236,238 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
MFS Capital Partners led trading with 5.14 million shares for 47.2 percent of total volume, followed by Future Energy Source with 2.10 million units for 19.3 percent of the day’s trade and Dolla Financial with 397,024 units for 3.6 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.7. 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 four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging lost 22 cents to close at $3.78 after exchanging 32,899 shares, Cargo Handlers dropped 50 cents to end at $14, with 1,360 stock units crossing the market, Caribbean Cream climbed 40 cents in closing at $4.25 after 87 stocks changed hands. Consolidated Bakeries popped 23 cents to close at $1.77 after transferring 41,622 units, Derrimon Trading rose 11 cents after ending at $2.34, with 42,284 stock units changing hands, Dolphin Cove climbed 60 cents to $13.90 in trading 2,073 units. EduFocal gained 20 cents to end at $2.60, with 104,653 stocks clearing the market, General Accident advanced 10 cents in ending at $5.80 with investors transferring 72,678 shares, Honey Bun rallied 75 cents to close at $7.93 with a transfer of 34,847 units. Indies Pharma advanced 31 cents in closing at $3.18 with an exchange of 2,103 stocks, Jamaican Teas dipped 38 cents in closing at $2.51 while exchanging 387,400 stock units, Medical Disposables shed 75 cents to end at $5.87 in trading 622 shares. 
MFS Capital Partners rallied 10 cents to $4.10 after exchanging 5,135,918 shares, Spur Tree Spices rose 12 cents to close at $3.85 with 159,791 stock units changing hands and Stationery and Office Supplies climbed 55 cents in ending at $14.65 as investors exchanged 20,401 units.
In the preference segment, CAC 2000 9.5% preference share declined 20 cents to $1 with an exchange of 156 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market weakens
Starved of funds tied up in the OneonOne IPO issue, the Jamaica Stock Exchange continues to struggle with the Junior Market closing down on Wednesday and the Investor’s Choice bid-offer indicator flashing negative signs, with the volume and value of stocks traded declining 24 percent 14 percent, respectively, compared to Tuesday.
Investors ended trading 41 securities versus 42 on Tuesday and finished with 13 rising, 21 declining and seven closing unchanged, while one stock traded at a 52 weeks’ high and one at a one year low.
Investors traded 6,431,868 shares for $24,069,213 down from 8,431,893 units at $28,060,749 on Tuesday. Trading averaged 156,875 shares at $587,054 versus 200,759 shares at $668,113 on Tuesday with the month to date, averaging 370,451 units at $1,236,238 compared to 383,235 units at $1,275,094 on Tuesday the previous trading day. July closed with an average of 512,709 units at $2,574,304.
Future Energy Source led trading with 1.49 million shares for 23.1 percent of total volume, followed by Dolla Financial with 1.38 million units for 21.5 percent of the day’s trade and Everything Fresh with 701,381 units for 10.9 percent market share.
At the close, the Junior Market Index dropped 29.23 points to 4,090.42. The PE Ratio, a measure of computing appropriate stock values, averages 12.4. 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 seven with lower offers.
At the close, AMG Packaging rose 34 cents to $4, finishing at 11 shares, CAC 2000 gained $1.70 after ending at $8.25 in trading 63 stock units, Caribbean Cream fell 10 cents to close at a 52 weeks’ low of $3.85, with 16,553 stocks units changing hands. Dolphin Cove dipped 65 cents in closing at $13.30 with a transfer of 158,429 units, EduFocal lost 20 cents to end at $2.40 after an exchange of 62,812 stocks, Everything Fresh popped 18 cents in closing at a 52 weeks’ high of $1.96, with 701,381 stock units crossing the exchange. Express Catering advanced 29 cents to $5.50 after 6,500 units changed hands, Fosrich declined 12 cents to close at $3.53 with investors transferring 265,001 shares, Honey Bun shed 92 cents to end at $7.18 as investors exchanged 5,718 units. Indies Pharma dropped 33 cents in ending at $2.87 after trading 6,705 shares, Iron Rock Insurance declined 27 cents to end at $2.73 in trading 1,117 stock units, Knutsford Express dipped 19 cents to $6.75 in exchanging 3,228 stocks. Main Event fell 97 cents to close at $6.80 in switching ownership of 20,708 units, Medical Disposables lost 28 cents in ending at $6.62 with an exchange of 244 stocks, MFS Capital Partners dipped 16 cents in closing at $4 after exchanging 117,585 shares. 
Paramount Trading rallied 14 cents to close at $1.94 with the swapping of 3,065 stock units and Stationery and Office Supplies shed $2 to $14.10 after transferring 15,743 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading climbs
Trading closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with the volume and the value of stocks exchanged rising marginally more than on Monday even as 42 securities traded down from 44 on Monday and ended with 16 rising, 18 declining and eight unchanged, with Everything Fresh closing at a record high.
A total of 8,431,893 shares were traded for $28,060,749 compared to 8,102,411 units at $24,915,028 on Monday. Trading averaged 200,759 shares at $668,113 from 184,146 shares at $566,251 on Monday, with the month to date, averaging 383,235 units at $1,275,094 down from 395,154 units at $1,314,742 on the previous trading day. July closed with an average of 512,709 units at $2,574,304. At the close, the Junior Market Index dipped 3.86 points to 4,119.65.
Jamaican Teas led trading with 2.19 million shares for 25.9 percent of total volume followed by Dolla Financial with 1.17 million units for 13.8 percent of the day’s trade and Lasco Manufacturing with 988,487 units for 11.7 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.6. 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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial lost 47 cents to end at $27 after exchanging 2,302 shares, Blue Power climbed 20 cents in closing at $3.20 with the swapping of 785 units, CAC 2000 advanced 50 cents after ending at $6.55 and trading 3,080 stocks. Derrimon Trading declined 18 cents to $2.14 in switching ownership of 441,890 stock units, EduFocal dipped 10 cents to close at $2.60 after exchanging 159,084 stocks, Everything Fresh gained 12 cents in ending at a record closing high of $1.78 after trading 155,141 shares. Express Catering dropped 29 cents after ending at $5.21 in an exchange of 10,165 stock units, Fontana shed 25 cents to end at $9 while exchanging 67,997 units, General Accident fell 19 cents to close at $5.70 after a transfer of 1,015 stocks. Honey Bun increased 10 cents to $8.10, with 1,215 shares crossing the market, Indies Pharma rose 20 cents in closing at $3.20, with 79,862 stock units changing hands, Lasco Distributors rallied 10 cents to $3.10 after 7,169 units crossed the market. Lasco Manufacturing popped 11 cents to $4.27, with 988,487 stock units changing hands, Limners and Bards dipped 13 cents to close at $2.72 in exchanging 20,827 stocks, Lumber Depot declined 22 cents to end at $2.81 with investors transferring 40,827 units. 
MFS Capital Partners rallied 46 cents to $4.16 with a transfer of 146,976 shares, Spur Tree Spices fell 20 cents in closing at $3.75 after trading 442,143 units, Stationery and Office Supplies shed $1.28 to close at $16.10 with 17,136 stock units changing hands and Tropical Battery dropped 15 cents to end at $2.60 as investors exchanged 32,803 shares.
In the preference segment, CAC 2000 9.5% preference share climbed 26 cents to $1.16, with 450 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market rises on reduced trading
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded declining 16 percent from trading on Friday, with a 16 percent lower value with 44 securities changing hands similar to Friday and ended with 19 rising, 17 declining and eight closing unchanged.
A total of 8,102,411 shares were exchanged for $24,915,028 from 9,619,389 units at $29,679,783 on Friday. Trading averaged 184,146 shares at $566,251, compared to 218,622 stock units at $674,541 on Friday with month to date, averaging 395,154 units at $1,314,742 compared to 410,654 units at $1,369,723 on the previous trading day. July closed with an average of 512,709 units at $2,574,304. Dolla Financial led trading with 2.39 million shares for 29.5 percent of total volume followed by JFP Limited with 1.03 million units for 12.7 percent of the day’s trade and Fosrich with 973,391 units for 12 percent market share.
At the close, the Junior Market Index increased 22.70 points to 4,123.51.
The PE Ratio, a measure of computing appropriate stock values, averages 12.7. 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 six stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Blue Power fell 20 cents to $3, with 8,734 shares changing hands, Cargo Handlers climbed 50 cents to end at $14.50 in an exchange of 10,301 units, Dolphin Cove rallied 35 cents in closing at $14 with investors transferring 2,312 stock units. EduFocal dropped 13 cents to $2.70 after 222,615 stocks crossed the market, Elite Diagnostic gained 11 cents to close at $3.43 with an exchange of 40,021 shares, Fosrich increased 11 cents in closing at $3.69 after exchanging 973,391 stocks. Honey Bun dipped 10 cents to close at $8 in trading 903 units, iCreate declined 16 cents to end at $4.01 with a transfer of 319,853 stock units, Iron Rock Insurance advanced 29 cents in ending at $3 while exchanging 1,659 stock units. Jamaican Teas rose 30 cents to $2.80 in trading 209,005 units, Limners and Bards popped 13 cents to end at $2.85, with 151,856 stocks crossing the market, Main Event rallied 70 cents in closing at $7.71 after swapping of 384 shares. Medical Disposables climbed $1.19 after ending at $6.90 and exchanging 11,500 stock units, MFS Capital Partners shed 34 cents to $3.70 and closed with 63,982 stocks changing hands, Spur Tree Spices rose 15 cents to $3.95 after trading 107,149 units.
Stationery and Office Supplies lost 62 cents to end at $17.38 after finishing the trading of 20,601 shares and tTech declined 28 cents to $3.02 in switching ownership of 8,000 shares.
In the preference segment, CAC 2000 9.5% preference share lost 15 cents in closing at 90 cents, with 95,176 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More decline for Junior Market
Trading on the Junior Market of the Jamaica Stock Exchange closed on Friday, with the volume and the value of stocks traded declining 18 percent from Thursday’s outturn, resulting in an exchange of 44 securities versus 43 on Thursday and ending with prices of 14 rising, 23 falling and seven closing unchanged, with the Junior Market Index slipping 32.13 points to 4,100.81.
A total of 9,619,389 shares were traded for $29,679,783 down from 11,732,727 units at $36,312,222 on Thursday. Trading averaged 218,622 shares at $674,541 compared to 272,854 shares at $844,470 on Thursday with month to date, averaging 410,654 units at $1,369,723 compared to 425,878 units at $1,424,836 on the preceding trading day. July closed with an average of 512,709 units at $2,574,304.
Jamaican Teas led trading with 2.13 million shares for 22.1 percent of total volume, followed by Dolla Financial with 1.67 million units for 17.4 percent of the day’s trade and Spur Tree Spices with 938,414 units for 9.8 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.7. 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 two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial declined 50 cents to end at $27.50, with 22,096 shares clearing the market, Blue Power dipped 55 cents to $3.20 in transferring 3,290 stocks, CAC 2000 dropped 94 cents to $6.05 after trading 4,483 units. Caribbean Assurance Brokers lost 10 cents to close at $2.72, with 91,217 stock units crossing the market, Caribbean Cream fell 41 cents to $3.88 in trading 82,455 units, Dolphin Cove shed 36 cents in closing at $13.65 after exchanging 16,813 stock units. Elite Diagnostic dropped 12 cents to close at $3.32 after trading 1,200 shares, Everything Fresh advanced 18 cents to end at $1.68, with 313,440 stock units traded, Fontana declined 65 cents to $9.20 with investors transferring 15,869 units. General Accident gained 60 cents to $5.80 in an exchange of 1,960 stocks, Indies Pharma lost 13 cents to end at $2.95 in exchanging 51,559 stock units, Iron Rock Insurance dipped 29 cents to close at $2.71, with 1,000 shares crossing the exchange. Jamaican Teas shed 25 cents to end at $2.50 after the transfer of 2,128,486 shares, KLE Group rallied 19 cents in closing at $2.04 while exchanging ten units, Lasco Distributors climbed 12 cents to $3 with the swapping of 867,211 stocks. 
Lasco Financial popped 14 cents in closing at $2.85 as investors exchanged 194,769 stock units, Main Event fell 89 cents in ending at $7.01, with 6,993 stocks changing hands, Medical Disposables fell 98 cents to end at $5.71 after 6,119 units crossed the market and Stationery and Office Supplies rose 50 cents to close at $18 in switching ownership of 2,501 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks gained on Junior Market
Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with the volume of stocks traded rising 31 percent, with a modestly higher value than on Wednesday as 43 securities traded, up from 40 on Wednesday and ended with 20 rising, 15 declining and eight closing unchanged.
A total of 11,732,727 shares traded for $36,312,222 compared to 8,962,203 units at $34,135,300 on Wednesday. Trading on Wednesday averaged 272,854 shares at $844,470 compred to 224,055 shares at $853,383 on Wednesday with month to date, averaging 425,878 units at $1,424,836 compared to 438,729 units at $1,473,578 on Wednesday the previous trading day. July closed with an average of 512,709 units at $2,574,304.
Lumber Depot led trading with 6.38 million shares for 54.4 percent of total volume followed by JFP Limited with 1.43 million units for 12.2 percent of the day’s trade and Dolla Financial with 875,872 units for 7.5 percent market share.
At the close, the Junior Market Index rallied 5.98 points to 4,132.94.
The PE Ratio, a measure of computing appropriate stock values, averages 12.6. 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 one stock ended with a bid higher than their last selling price and four with lower offers.
At the close, Access Financial rose $2 in closing at $28 with 21,926 stock units changing hands, Blue Power gained 10 cents to end at $3.75 after a transfer of 2,282 units, EduFocal increased 10 cents to $2.85 after 99,395 stocks crossed the market, Elite Diagnostic climbed 12 cents to close at $3.44 as investors exchanged 107,162 units, Express Catering lost 10 cents in ending at $5.50 after trading 2,042 stock units. Future Energy Source popped 11 cents in closing at $5.69 after exchanging 391,965 stocks, Honey Bun advanced $1.12 to end at $8.10 in exchanging 9,740 shares, Iron Rock Insurance rose 28 cents to close at $3 with investors transferring 1,038 units. Lasco Financial fell 22 cents to $2.71 after exchanging 65,403 shares, Lumber Depot added 16 cents to close at $3.15, with 6,382,627 stocks crossing the market, Main Event increased 40 cents to $7.90 and finished trading six stock units. 
Medical Disposables dipped 31 cents in closing at $6.69 with 1,000 stocks changing hands, Stationery and Office Supplies declined 50 cents to end at $17.50 with an exchange of 1,271 shares and tTech climbed 30 cents ending at $3.30 in trading 80,431 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading falls on Wednesday
Trading closed on the Junior Market of the Jamaica Stock Exchange Wednesday, with declining stock dominating the market following a 24 percent decline in the volume of stocks traded, with the value slipping 19 percent from Tuesday outcome and leading to 40 securities trading versus 41 on Tuesday, with prices of 10 rising, 24 declining and six closing unchanged.
A total of 8,962,203 shares were traded for $34,135,300 down from 11,789,430 units at $42,079,092 on Tuesday. Trading averaged 224,055 shares at $853,383 against 287,547 shares at $1,026,319 on Tuesday, with the month to date, averaging 438,729 units at$1,473,578 compared to 456,922 units at $1,526,137 on the previous trading day. July closed with an average of 512,709 units at $2,574,304. Dolla Financial led trading with 1.85 million shares for 20.6 percent of total volume followed by Future Energy Source with 1.50 million units for 16.7 percent of the day’s trade and Derrimon Trading with 962,107 units for 10.7 percent market share.
At the close, the Junior Market Index fell 27.04 points to settle at 4,126.96.
The PE Ratio, a measure used to compute appropriate stock values, averages 13. The PE ratios of Junior Market stocks are computed using 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 ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial dropped 40 cents in ending at $26, with an exchange of 7,778 shares, CAC 2000 shed 66 cents in closing at $6.99, with 14,563 stock units changing hands, Cargo Handlers fell 50 cents to $14 after exchanging 497 stocks. Express Catering rose 10 cents to close at $5.60 with the swapping of 31,100 units, Fontana dipped 15 cents to end at $9.85 with investors transferring 244,196 stocks, Future Energy Source declined 22 cents to close at $5.58 after exchanging 1,501,074 stock units. General Accident popped 29 cents to end at $5.20 in trading 19,000 units, Honey Bun lost $1.02 ending at $6.98 as investors exchanged 21,286 shares, iCreate gained 18 cents in closing at $4.28 in an exchange of 296,911 shares. 
Indies Pharma advanced 14 cents to $3.13 while exchanging 32,212 units, Main Event rallied $1 to $7.50 in switching ownership of 153,853 stocks, Spur Tree Spices increased 18 cents to $3.88 in trading 211,237 stock units. MFS- SSL Venture fell 11 cents to close at $4, with 14,208 stock units crossing the market and Stationery and Office Supplies lost 48 cents in closing at $18 with a transfer of 22,031 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market Index rises with reduced trading
Trading slipped on the Junior Market of the Jamaica Stock Exchange Tuesday, with the volume of stocks traded declining 57 percent, a 50 percent lower value than on Monday and the Junior Market Index rising 23.46 points to 4,154.00.
A total of 11,789,430 shares were traded for $42,079,092 down from 27,482,829 units at $83,901,578 on Monday. Trading for the day averaged 287,547 shares at $1,026,319 versus 624,610 shares at $1,906,854 on Monday, with the month to date averaging 456,922 units at $1,526,137 versus 473,034 units at $1,573,683 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
Dolla Financial led trading with 3.42 million shares for 29 percent of total volume, followed by Jamaican Teas with 2.79 million units for 23.6 percent of the day’s trade, Future Energy Source chipped in with 1.66 million units for 14 percent of the day’s trade and iCreate ended with 1.30 million units for 11 percent of market share.
Investors traded 41 securities versus 44 on Monday, with prices of 11 rising, 20 declining and ten closing unchanged.
The PE Ratio, a measure of computing appropriate stock values, averages 12.4. 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 four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial lost 94 cents to close at $26.40 in an exchange of 4,283 shares, Blue Power popped 24 cents in closing at $3.65 in trading 11 stock units, Cargo Handlers shed 40 cents to end at $14.50, with 428 units changing hands. Dolla Financial dipped 15 cents to $3.05 in switching ownership of 3,422,464 stocks, Dolphin Cove declined 91 cents to end at $14.08, with 102,020 stock units crossing the market, EduFocal fell 28 cents to $2.70 with the trading of 662,349 units. Elite Diagnostic lost 27 cents in ending at $3.41 with the swapping of 301,929 stocks, Express Catering advanced 10 cents to close at $5.50, with 5,500 shares crossing the exchange, Fontana rose 26 cents in closing at $10 after trading 16,753 shares. Honey Bun fell 15 cents to $8 after exchanging 22,305 stocks, iCreate dropped 10 cents to $4.10 after exchanging 1,295,027 stock units, Iron Rock Insurance gained 12 cents to close at $2.72 in an exchange of 900 units. 
Jamaican Teas increased 25 cents to $2.83, with 2,787,553 shares changing hands, Lasco Distributors declined 17 cents to $2.93, with 45,192 units clearing the market, Limners and Bards shed 10 cents to $2.77 with an exchange of 11,920 stock units. Main Event lost 50 cents to close at $6.50 after trading 5,330 stocks, Spur Tree Spices dropped 18 cents to end at $3.70 while exchanging 81,516 shares and SSL Venture rallied 46 cents in ending at $4.11 with an exchange of 17,629 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Juniors slip with positive sentiment at close
Trading picked up on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded climbing 73 percent with a 30 percent higher value than on Friday, resulting in 44 securities trading versus 42 on Friday and with 15 rising, 21 declining and eight closing unchanged.
A total of 27,482,829 shares were traded for $83,901,578, up from 15,869,218 units at $64,508,991 on Friday. Trading averaged 624,610 shares at $1,906,854 compared to 377,839 shares at $1,535,928 on Friday with month to date, averaging 473,034 units at $1,573,683 compared to 455,801 units at $1,535,803 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
JFP Limited led trading with 8.18 million shares for 29.8 percent of total volume followed by Dolla Financial with 5.43 million units for 19.8 percent of the day’s trade. Lumber Depot traded 4.32 million units for 15.7 percent of the market, Future Energy Source ended with 3.85 million units for 14 percent market share and EduFocal controlled 1.86 million units for 6.8 percent of the shares traded.
At the close, the Junior Market Index declined 11.88 points to settle at 4,130.54. The PE Ratio, a measure of computing appropriate stock values, averages 13.2. 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 five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Access Financial climbed $2.34 to $27.34 after the price hit a 52 weeks’ intraday high of $30.74, with investors grabbing 59,276 shares, Blue Power declined 24 cents to close at $3.41, with 32,531 stocks crossing the exchange, Cargo Handlers lost 10 cents in closing at $14.90 with an exchange of 16 units. Caribbean Cream rose 20 cents to $4.29 in an exchange of 258 stock units, Dolphin Cove advanced 19 cents to $14.99 after trading at 184,984 stock units, EduFocal increased 24 cents to $2.98, with an exchange of 1,860,911 units. Elite Diagnostic popped 28 cents to close at $3.68 while exchanging 143,493 stocks, Everything Fresh gained 20 cents in closing at $1.37 with an exchange of 64,834 shares, Express Catering shed 10 cents to end at $5.40 in exchanging 6,025 units. Fontana fell 44 cents to $9.74, with 55,150 shares changing hands, Fosrich rallied 20 cents to $3.49 after 990,791 stocks passed through the market, Future Energy Source advanced 56 cents to end at $5.85 in switching ownership of 3,854,348 stock units as investors responded to the sharp jump in the June quarter profit. 
Indies Pharma dropped 21 cents to $2.94 after trading 9,631 shares, Jamaican Teas dropped 12 cents to close at $2.58, with 60,336 stock units changing hands, Lasco Distributors increased 10 cents to $3.10 after exchanging 12,385 units. SSL Venture fell 45 cents to $3.65 after exchanging 120,654 stocks, Stationery and Office Supplies shed 50 cents in ending at $18.50 with 2,871 stock units clearing the market, Tropical Battery gained 15 cents to $2.80 after exchanging 331,727 shares and tTech declined 48 cents to end at $3.02 with 78,529 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Merger talks & surging profits send market higher
A merger proposal and one company’s sharp jump in profits sent the Junior Market surging on Friday as investors responded to an interest by Dolla Financial in Access Financial and reported record half-year results by Stationery and Office Supplies.
The above stocks recorded sizable gains at the close, but undervalued Access put on $5.79 as some sellers of the stock withdrew offers.
The merger offer of the two financial entities is unlikely to go anywhere as the numbers do not add up.
At the close, the Junior Market Index jumped 78.30 points to 4,142.42 as the volume of stocks trading rose 182 percent and the value jumped 243 percent over Thursday as Dolla Financial led trading with 9.41 million shares for 59.3 percent of total volume, followed by Spur Tree Spices with 1.22 million units for 7.7 percent of the day’s trade and Fosrich ended with 1.11 million units for 7 percent market share.
Investors were involved in trading 42 securities up from 38 on Thursday, with 16 rising, 14 declining and 12 closing unchanged.
A total of 15,869,218 shares were traded for $64,508,991 compared to 5,618,693 units at $18,792,608 on Thursday. Trading averaged 377,839 shares at $1,535,928 in contrast to 147,860 shares at $494,542 on Thursday with month to date, averaging 455,801 units at $1,535,803 compared to 465,292 units at $1,535,788 on Thursday the previous trading day. July closed with an average of 512,709 units at $2,574,304.
The PE Ratio, a measure of computing appropriate stock values, averages 12.8. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial years that fall between November this year and August next year.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and three with lower offers.
At the close, Access Financial rose $5.79 to close at $25, with 35,102 shares crossing the exchange, CAC 2000 declined $1.35 in closing at $7.65 while exchanging eight units, Caribbean Cream fell 21 cents ending at $4.09, with 5,021 stocks changing hands. Derrimon Trading rallied 10 cents to $2.40 and closed after trading 68,889 stock units, Dolla Financial advanced 40 cents to end at $3.22 in exchanging 9,405,836 stocks, Everything Fresh lost 13 cents in closing at $1.17, with 41,060 stock units changing hands. Express Catering increased 35 cents to end at $5.50 after 6,401 units crossed the market, Fontana climbed 39 cents to close at $10.18 in switching ownership of 85,689 shares, General Accident dropped 50 cents to $5, with 228,716 units clearing the market. iCreate gained 25 cents in ending at $4.25 with the swapping of 150,590 stocks, Iron Rock Insurance shed 36 cents in ending at a 52 weeks’ closing low of $2.60 after an exchange of 5,000 stock units, Jamaican Teas shed 15 cents to end at $2.70 trading 22,767 shares. Lasco Distributors popped 15 cents to close at $3 after 35,027 stock units crossed the market, 
Lasco Financial climbed 23 cents to $2.94 with an exchange of 47,418 stocks, Lasco Manufacturing lost 10 cents in ending at $4.20 after exchanging 25,540 units. Mailpac Group popped 20 cents to end at $2.35 in an exchange of 97,329 shares, Main Event fell $1 in closing at $7 after trading 17,053 stocks, SSL Venture advanced 48 cents to close at $4.10, trading 1,241 stock units. Stationery and Office Supplies rose $2 to $19 with 551,490 clearing the market units after the company posted profits that jumped nearly 200 percent to $174 million and declared a dividend of 18 cents per share and Tropical Battery dropped 10 cents to $2.65 in switching ownership of 133,290 shares ahead of the company reporting profits that more than doubled to $54 million in the June quarter from $25 million in 2021 and half nine months of $144 million compared to $59 million last year.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
