The Junior Market of the Jamaica Stock Exchange closed Friday, with the Market Index falling 20.07 points to 3,900.78, with a 16 percent decline in the volume of stocks traded having an 11 percent lower value than on Thursday after trading in 43 securities versus 4 on Thursday and ended with 23 rising, 14 declining and six closing unchanged.
A total of 5,955,194 shares were traded for $16,230,602 compared to 7,085,346 units at $18,259,575 on Thursday.
Trading averaged 138,493 shares at $377,456 compared to 157,452 units at $405,768 on Thursday, with the month to date, averaging 173,713 units at $456,610 compared with 184,849 stock units at $481,636 on the previous day. December closed with an average of 333,420 units at $925,533.
MFS Capital Partners led trading with 1.89 million shares for 31.7 percent of total volume followed by Regency Petroleum with 884,185 units for 14.8 percent of the day’s trade and Dolla Financial, with 847,223 units for 14.2 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 the financial year that fall 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 four with lower offers.
At the close, Access Financial popped 58 cents to end at $25 as investors traded 186 shares, Caribbean Flavours dropped 10 cents to $1.72 with investors transferring 58,191 stocks, Consolidated Bakeries advanced 15 cents in ending at $2 and closed with 86,561 stock units changing hands. Derrimon Trading increased 22 cents to close at $2.34, with 29,609 units crossing the market, Dolla Financial dipped 10 cents in closing at $2.96 after the trading of 847,223 units, EduFocal rallied 12 cents to close at $2.20 in an exchange of 44,258 shares. Fontana lost 17 cents to end at $8.83 in switching ownership of 40,855 stock units, Fosrich fell 19 cents to $3.81, with 267,672 stocks changing hands, Honey Bun climbed 21 cents in ending at $7.51 with a transfer of 2,602 shares. iCreate gained 11 cents in closing at $1.88 trading 77,886 stocks, Iron Rock Insurance rose 37 cents to close at $2.35 as 264 stock units passed through the market, Lumber Depot increased 21 cents to end at $2.61 with an exchange of 160,503 units. Main Event popped 41 cents to $9, with 52,523 stocks crossing the market, MFS Capital Partners shed 14 cents in ending at $2.80 after exchanging 1,885,589 units, Paramount Trading declined 10 cents in closing at $1.53 while exchanging 31,032 shares. Stationery and Office Supplies dropped 50 cents to end at $16 in trading 6,075 stock units and tTech climbed 20 cents in closing at $2.75 after an exchange of 2,761 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading and index dips on Junior Market
January 6, 2023 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolla Financial, Dolphin Cove, Edufocal, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Iron Rock Insurance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, JFP Ltd, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, MFS Capital Partners, Paramount Trading, Spur Tree Spices, Stationery and Office, Trading Activity, tTech
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