Trading dropped on the Junior Market of the Jamaica Stock Exchange Friday, but the market closed higher with the volume of stocks traded declining 74 percent, valued 68 percent less than Thursday following trading in 40 securities compared with 36 on Thursday and ended winning stocks outpacing those declining by more than two to one, with 19 rising and only nine declining and 12 closing unchanged.
Investors traded 4,960,272 shares for $11,287,117 down from 19,362,577 units at $34,892,741 on Thursday.
Trading averaged 124,007 shares at $282,178, compared with 537,849 units at $969,243 on Thursday with the month to date, averaging 165,266 units at $344,495 compared with 169,444 stock units at $350,806 on the previous day just a fraction of November with an average of 262,280 units at $587,545.
tTech led trading with 1.0 million shares for 20.2 percent of total volume followed by EduFocal with 758,218 units for 15.3 percent of the day’s trade and Stationery and Office Supplies with 539,060 units for 10.9 percent market share.
At the close, the Junior Market Index popped 34.37 points to end the day at 3,695.69.
The Junior Market ended trading with an average PE Ratio of 13.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around 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 dipped 50 cents to $25 after a transfer of 69 stocks, Caribbean Cream rose 31 cents to $3.31 after 478 units were traded , Caribbean Flavours increased 50 cents and ended at $1.75 after an exchange of 1,300 shares. Derrimon Trading fell 14 cents to close at $1.86 with investors trading 28,536 stock units, Everything Fresh skidded 25 cents to end at $1.43 in an exchange of 72,000 shares, Fontana popped 9 cents to $10.39 with investors dealing in 93,349 units. Fosrich gained 10 cents to close at $2.30 while 238,818 stocks were exchanged, Future Energy lost 9 cents in closing at $3.45, with 215,746 stock units crossing the market, Honey Bun rose 10 cents and ended at $6.40 with an exchange of 213 shares. Indies Pharma advanced 15 cents to end at $3 with 8 stocks clearing the market,
Iron Rock Insurance rallied 44 cents to $2.50 as investors exchanged 20,043 units, Knutsford Express popped 26 cents to close at $11.36 in switching ownership of 337 stock units. Lasco Financial rallied 26 cents to $1.88 with investors dealing in 1,000 shares, Main Event declined 40 cents in closing at $13 with an exchange of 81,035 units, MFS Capital Partners rose 21 cents to end at $2.37, with 6,460 stocks changing hands. Regency Petroleum advanced 8 cents in closing at $2.14 after 98,934 stock units passed through the market, Tropical Battery shed 11 cents to end at $1.80 with a transfer of 248,942 shares and tTech increased 12 cents and ended at $2 with investors swapping 1,000,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 49,892 shares were traded for US$8,545, up sharply from just 10,110 units at a mere US$968 on Thursday.
Productive Business Solutions ended at US$1.55 after 33 stocks were traded, Proven Investments slipped 0.43 of a cent to 13.09 US cents after 18,770 shares were traded and Transjamaican Highway dipped 0.02 of a cent to end at 1.68 US cents, with 25,739 stock units crossing the market.
At the close of trading, Eppley climbed $4, Eppley Caribbean Property Fund recovered the $3.80 it lost on Thursday, Guardian Holdings gained $2, Scotia Group up $1.50 and GraceKennedy with a rise of $1. Declining stocks were led by Pan Jamaica,, down $6.73 and NCB Financial fell $1.47.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 13.7 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Investors exchanged 147,925 shares for $967,923 versus 110,572 stock units at $2,716,960 on Thursday.
At the close, Agostini’s ended at $68.50, with 144 shares changing hands, Angostura Holdings lost $1.48 to close at $17.02 in trading 1,914 units, Ansa McAl climbed 30 cents to close at $55.90 after investors traded 13 shares. Calypso Macro Investment Fund remained at $22.75 and closed with an exchange of 2,188 stock units, First Citizens Group rose 5 cents to $49.30 with investors trading 1,963 shares, FirstCaribbean International Bank ended at $7 in swapping 50 units. GraceKennedy popped 5 cents to $4.05 as investors traded 11,605 stocks, Guardian Holdings gained 60 cents and ended at $18 after a transfer of 5 stock units, JMMB Group rose 1 cent to $1.30 after 97,283 shares crossed the exchange. Massy Holdings ended at $4.40 with a transfer of 10,546 stock units, National Enterprises rallied 15 cents to $3.55 with 983 units crossing the market, 
Prestige Holdings remained at $9.25 in an exchange of 1,000 stocks. Republic Financial advanced $1 in closing at $124, with 2,024 units crossing the market, Scotiabank ended at $70 with traders dealing in 2,240 shares, Trinidad & Tobago NGL dipped 18 cents to close at a 52 weeks’ low of $10.32 in an exchange of 1,250 stock units. Trinidad Cement ended at $2.86 with investors trading 1,370 stocks and West Indian Tobacco fell 7 cents and ended at a 52 weeks’ low of $9 with 13,347 shares clearing the market.
Trading accounted for 2,797,752 shares changing hands for $28,650,079 versus 6,457,532 stock units at $38,558,222 on Wednesday.
The Main Market ended trading with an average PE Ratio of 12.8. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Key Insurance popped 52 cents to end at $2.50 after a transfer of 19,670 units, Massy Holdings climbed $1.45 in closing at $89.95, with 184 stock units changing hands, Mayberry Group increased 12 cents and ended at $8.20 and closed with an exchange of 154,229 shares. MPC Caribbean Clean Energy lost $2.98 to close at $89.01, with just 2 stock units crossing the market, NCB Financial rallied $1.87 to $66.97 after an exchange of 13,905 units, Pan Jamaica rose 45 cents and ended at $49.45, with 596 stocks crossing the market. Proven Investments dropped 41 cents to close at $23 while exchanging 8,503 units, Seprod gained $4.17 to end at $74.90 in trading 32,628 stocks, Sygnus Credit Investments shed 92 cents in closing at $10.51, with 2,200 shares crossing the exchange and Wisynco Group declined 79 cents to $20.17 trading 363,182 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Overall, 10,110 shares were traded, for US$968 down sharply from 730,855 units at US$13,102 on Wednesday.
At the close, Sygnus Real Estate Finance USD share climbed 0.29 of one cent to close at 7 US cents in an exchange of 81 stocks and Transjamaican Highway rose 0.05 of a cent to 1.7 US cents with 9,960 units crossing the market.
Investors traded 19,362,577 shares for $34,892,741 compared with 4,766,135 units at $10,223,648 on Wednesday.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
iCreate rallied 8 cents in closing at 87 cents with 369,471 stock units changing hands, Jamaican Teas dropped 16 cents to end at $2.30 with investors transferring 1,050,000 shares. Lasco Distributors increased 41 cents to close at $3.93 after an exchange of 2,487 units, Lasco Financial shed 18 cents to close at $1.62 with investors dealing in 5,250 stocks, Lasco Manufacturing climbed 43 cents to close at $4.63 after an exchange of 2,586 stock units. Regency Petroleum lost 32 cents and ended at $2.06, with 969,355 shares crossing the market, Tropical Battery rose 11 cents to end at $1.91 with investors exchanging 24,496 units and tTech shed 33 cents in closing at $1.88 after 19 stocks were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, Guardian Holdings led stocks rising with a gain of $8 followed by Seprod up $4.17, Eppley rose $2 $2.49, NCB Financial a $1.87 and Massy Holdings off $1.45 and Jamaica Broilers up by $1,10. Declining stocks saw Eppley Caribbean Property Fund falling $3.80 followed by MPC Caribbean Energy Fund with a fall of $3.64 and GraceKennedy down $1.50.
In the preference segment, 138 Student Living preference share fell $24 and ended at $90.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Investors exchanged 110,572 shares for $2,716,960 compared to 162,542 stock units at $3,226,702 on Wednesday.
At the close, Agostini’s gained 30 cents to end at $68.50 as investors exchanged 323 shares, Ansa McAl ended at $55.60 with a transfer of 359 units, Calypso Macro Investment Fund dropped 65 cents to $22.75 with investors dealing in 1,000 stocks. First Citizens Group popped 25 cents to $49.25 in an exchange of 1,011 units, GraceKennedy advanced 2 cents and ended at $4 with traders dealing in 50,340 shares, Guardian Holdings rose 14 cents to $17.40 while exchanging 3,627 units. Guardian Media ended at $2.01 in switching ownership of 100 stocks, Massy Holdings ended at $4.40 with stakeholders exchanging 4,200 shares, National Enterprises lost 15 cents and ended at $3.40 after a transfer of 13,354 shares. National Flour Mills rallied 14 cents to close at $1.94 after 174 stocks changed hands, 
Point Lisas fell 25 cents to $3.25 after an exchange of 830 units, Prestige Holdings dipped 5 cents and ended at $9.25 with investors transferring 36 stock units. Republic Financial slipped $1 to $123 after an exchange of 16,151 shares, Scotiabank increased 3 cents in closing at $70, with 3,209 units clearing the market, Trinidad & Tobago NGL ended at $10.50 after an exchange of 1,151 stocks. Trinidad Cement declined 9 cents in closing at $2.86 in the trading of 14,679 stock units and Unilever Caribbean climbed 32 cents to $11.80, with 28 shares crossing the exchange.
A total of 6,457,532 shares were traded for $38,558,222 compared to 6,426,800 units at $29,546,040 on Tuesday.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and eight with lower offers.
Proven Investments gained 41 cents to end at $23.41 after an exchange of 1,178 shares, Sagicor Group lost $1.98 and ended at $40 after 3,134 stocks passed through the market, Seprod increased 73 cents to close at $70.73 while exchanging 3,149 units. Supreme Ventures dipped 39 cents to $24.51, with 57,191 stock units clearing the market and Sygnus Credit Investments climbed 73 cents to close at $11.43 in an exchange of 39,186 shares,
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
