Trading on the Junior Market of the Jamaica Stock Exchange gained momentum on Thursday, as the volume of stocks traded rose 21 percent and the value 87 percent greater than on Wednesday with 45 securities trading upfront 42 on Wednesday and ended with 15 rising, 19 declining and 11 closing unchanged.
A total of 5,831,798 shares were traded for $26,486,488 compared to 4,802,262 units at $14,183,332 on Wednesday.
Trading averaged 129,596 shares at $588,589 compared to 114,340 units at $337,698 on Wednesday. Trading month to date averages 132,726 units at $406,308 versus 133,407 stock units at $366,681 on the previous day. November traded an average of 259,893 units at $711,335.
Fontana led trading with 2.0 million shares for 34.3 percent of total volume Dolla Financial followed with 1.04 million units for 17.8 percent of the day’s trade and Lumber Depot with 450,085 units for 7.7 percent market share.
At the close, the Junior Market Index climbed 12.11 points to settle at 3,879.39.
The PE Ratio, a measure of computing appropriate stock values, averages 11.8. 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 ending with a bid higher than its last selling price and none with a lower offer.
At the close, Access Financial rose $1.11 to $24.90 with a transfer of five shares, Cargo Handlers climbed $2.37 to end at $12.36 with 66 stocks crossing the market, Caribbean Assurance Brokers gained 15 cents to close at $2.17 after exchanging 553 stock units. Caribbean Cream lost 14 cents after ending at $3.86 in transferring 13,397 units, 
Consolidated Bakeries dipped 21 cents to $1.81 after trading 3,315 stocks, Dolphin Cove fell 75 cents to $13.45, with the swapping of 455 shares. Elite Diagnostic dropped 29 cents to settle at $2.91 in switching ownership of 6,009 units, Everything Fresh shed 14 cents to end at $1.35 trading 46,894 stock units, Fontana gained 10 cents in closing at $8.20 as investors exchanged 2,002,267 shares. GWest Corporation rallied 13 cents to end at $1.03 with 351 stock units changing hands, Honey Bun declined $1.16 in closing at $6.66 with 1,591 stocks crossing the exchange, iCreate popped 14 cents to $1.90 after 293,310 units cleared the market. Indies Pharma dropped 13 cents to $2.85 in switching ownership of 424 units, Jamaican Teas popped 10 cents to close at $2.65 with investors transferring 65,589 stocks, Knutsford Express fell 12 cents to $8.49 trading 23 stock units. Lasco Financial shed 26 cents to settle at $2.76 after an exchange of 11,135 shares, Medical Disposables rose 48 cents to close at $4.98 in transferring three units, 
MFS Capital Partners gained 13 cents to finish at $2.98 with the swapping of nine shares and Stationery and Office Supplies shed 50 cents in ending at $14 in trading 58,638 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on Junior Market
December 8, 2022 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, 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, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, JFP Limited, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, MFS Capital Partners, One to One, Paramount Trading, Stationery and Office, Trading Activity, tTech
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