Junior Market jumps

A 12 percent fall in the volume of stocks traded, following an 11 percent decline in the value of funds entering the Junior Market of the Jamaica Stock Exchange on Tuesday, but the declined in trading failed to stop the market from rising at the close, with trading in 41 securities against 42 on Monday, ending with 18 rising, 14 declining and 9 closing unchanged.
A total of 4,506,827 shares valued at $12,167,838 were traded compared to 5,099,286 units at $13,601,067 on Monday.
Trading averaged 109,923 shares at $296,777 compared with 121,412 units at $323,835 on Monday, with a month to date average of 250,933 units at $676,433 compared to 257,803 stock units at $694,789 on the previous day. October closed with an average of 264,407 units at $832,036.
ONE on ONE Educational led trading with 785,329 shares for 17.4 percent of total volume, followed by JFP Ltd with 485,798 units for 10.8 percent of the day’s trade and Dolla Financial with 445,647 units for 9.9 percent market share.
At the close, the Junior Market Index jumped 40.33 points to settle at 3,892.15.
The PE Ratio, a measure of computing appropriate stock values, averages 12.2. 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 six stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Blue Power rose 51 cents to $3.20 with 82 shares clearing the market, Cargo Handlers jumped $2.14 to $11.64 in trading 118 stock units, Consolidated Bakeries dipped 30 cents ending at $1.80 after 14,400 stocks passed through the market. Dolphin Cove gained 10 cents in closing at $13.40 with the swapping of 4,645 units, iCreate increased 8 cents to $1.94 in switching ownership of 35,766 shares, Indies Pharma rallied 8 cents to close at $2.70 in transferring 3,702 units. JFP Ltd popped 13 cents in ending at $1.61 with an exchange of 485,798 stock units, Limners and Bards gained 16 cents to settle at $2.76 in trading 2,029 stocks, Lumber Depot popped 11 cents to end at $2.42 in exchanging 283,339 stocks. Main Event shed 20 cents in closing at $9.80 after a transfer of 56,070 shares, MFS Capital Partners advanced 13 cents to $2.79 with investors transferring 346,960 stock units and Tropical Battery fell 12 cents in closing at $2.34 with an exchange of 77,339 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market trading jumps

Trading jumped on the Junior Market of the Jamaica Stock Exchange Monday with an 83 percent rise in the volume of stocks traded, valued at 60 percent more than on Friday with trading in 42 securities versus 41 on Friday to end with ten rising, 22 declining and ten closing unchanged.
A total of 5,099,286 shares were traded for $13,601,067 compared with 2,791,802 units at $8,477,949 on Friday.
Trading averaged 121,412 shares at $323,835 compared with 68,093 units at $206,779 on Friday, with a month to date average of 257,803 units at $694,789 compared to 264,910 stock units at $714,119 on the previous trading day. October ended with an average of 264,407 units at $832,036.
Dolla Financial led trading with 1.31 million shares for 25.8 percent of total volume, Jetcon Corporation was next with 850,000 units for 16.7 percent of the day’s trade and ONE on ONE Educational with 786,772 units for 15.4 percent market share.
At the close, the Junior Market Index lost 18.42 points to settle at 3,851.82.
The PE Ratio, a measure used in the computing of appropriate stock values, averages 12. 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.
The 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, Access Financial dropped $2.34 in closing at $20.66 with investors transferring 2,218 shares, Blue Power shed 48 cents to end at $2.69 after an exchange of 3,100 stock units, Cargo Handlers gained 50 cents to settle at $9.50, with 250 stocks crossing the market. Consolidated Bakeries lost 19 cents after ending at $2.10 with 10,725 units changing hands, Dolla Financial dipped 11 cents to $3.16, trading 1,313,389 stock units, Dolphin Cove advanced 17 cents to $13.30 in transferring 16,067 units. Elite Diagnostic fell 19 cents to end at $3.30 with an exchange of 6,600 shares, Everything Fresh rose 15 cents to $1.45 as investors swapped 19,067 stocks, Fontana shed 10 cents to close at $8.40 in an exchange of 26,477 stock units. Fosrich fell 10 cents to $4.05 as investors switched ownership of 485,062 shares, Indies Pharma lost 13 cents after ending at a 52 weeks’ low of $2.62 and trading 44,511 units, Iron Rock Insurance shed 42 cents in closing at a 52 weeks’ low of $1.76 after a transfer of 374 stocks. Knutsford Express gained 48 cents to finish at $8.88 with an exchange of 6,622 shares, Lumber Depot dipped 14 cents to $2.31 with a transfer of 87,095 stock units, MFS Capital Partners rallied 14 cents to $2.66 after 42,375 stocks cleared the market. Stationery and Office Supplies shed 70 cents to $14.30 in an exchange of 579 units and tTech popped 43 cents to $3.28 in exchanging 50,855 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big recovery for Junior Market

The Junior Market of the Jamaica Stock Exchange clawed back a fair bit of the losses incurred since last week following the announcement of Regency Petroleum IPO, with the Index rallying 82.24 points to settle at 3,880.06 on Thursday, following a 64 percent fall in the volume of stocks traded, after a 29 percent decline in the value compared to Wednesday with 41 securities trading the same as on Wednesday and ended with 19 rising, 18 declining and four closing unchanged.
A total of 5,141,385 shares were traded for $17,482,988, down from 14,142,422 units at $24,762,456 on Wednesday.
Trading averaged 125,400 shares at $426,414 compared with 344,949 units at $603,962 on Wednesday. Trading for the month to date, averages 275,458 stock units at $741,310 against 283,956 shares at $759,143 on the previous day. October closed with an average of 264,407 units at $832,036.
Dolla Financial led trading with 645,519 shares for 12.6 percent of total volume followed by Fosrich with 625,021 units for 12.2 percent of the day’s trade and Spur Tree Spices with 546,327 units for 10.6 percent market share. ISP Finance closed at a 52 weeks’ low of $14.98.
The PE Ratio, a measure of computing appropriate stock values, averages 12.1. 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.
The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial popped $2.35 to close at $23 with 9,800 shares clearing the market, Blue Power dipped 12 cents to $3.05 in exchanging 527 stocks, Cargo Handlers climbed $1.50 to end at $11.50 with the transfer of 4,087 units. Dolla Financial advanced 12 cents to $3.28 as investors traded 645,519 stock units, Dolphin Cove rose 11 cents in closing at $13.11 after trading 86,622 shares, Everything Fresh rose 12 cents to settle at $1.48 after 7,632 units passed through the market. Fontana shed 20 cents to close at $8.50 with 223,272 stock units changing hands, General Accident gained $1 to $5 in switching ownership of 7,002 stocks, Honey Bun lost 10 cents to end at $6.50 with 10,506 stock units trading. Knutsford Express rallied 78 cents to close at $8.63 after trading 1,014 stocks, Lasco Manufacturing popped 10 cents to $3.90 in exchanging 109,140 units, Main Event advanced $1.26 to $9.99 with 7,876 shares crossing the exchange. Medical Disposables rallied 13 cents to $4.45 in trading 25,000 stocks, MFS Capital Partners advanced 10 cents to $2.70 as investors exchanged 444,181 units, Spur Tree Spices gained 11 cents to end at $2.98 with the swapping of 546,327 shares. Stationery and Office Supplies rose $2 to $17 in exchanging 2,000 stock units, Tropical Battery dropped 14 cents to $2.36 after a transfer of 475,316 stocks and tTech rose 41 cents to close at $2.78 with investors transferring one stock unit.
In the preference segmentCAC 2000 9.5% preference share declined 20 cents to 90 cents after trading 26,335 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More slippage for Junior Market

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More slippage of the Junior Market of the Jamaica Stock Exchange occurred in trading on Wednesday, with the volume of stocks traded rising 103 percent with 9 percent greater value than in Tuesday’s activity, following trading in 41 securities similar to Tuesday and ending with 17 rising, 17 declining and seven closing unchanged.
Medical Disposables and tTech ended at 52 weeks’ lows of $4.32 and $2.35, respectively.
A total of 14,131,729 shares were traded for $24,621,843 compared to 6,978,401 units at $22,507,207 on Tuesday.
Trading averaged 344,676 shares at $600,533 compared with 170,205 units at $548,956 on Tuesday. Trading month to date averages 283,941 units at $758,948 compared to 280,295 stock units at $768,458 on Tuesday the previous day. October closed with an average of 264,407 units at $832,036.
Everything Fresh led trading with 10.03 million shares for 71 percent of total volume, followed by Dolla Financial with 1.06 million units for 7.5 percent of the day’s trade and MFS Capital Partners with 656,503 units for 4.6 percent market share.
At the close, the Junior Market Index declined 21.45 points to settle at 3,797.82.
The PE Ratio, a measure used in computing appropriate stock values, averages 11.9, 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.
The Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Blue Power climbed 49 cents to $3.17 as investors exchanged 2,440 shares, Cargo Handlers lost $1.05 in ending at $10 with investors transferring 11,046 stock units, Caribbean Assurance Brokers dropped 7 cents to $2.25, with 9,200 units crossing the market. Dolphin Cove fell 14 cents to close at $13 with an exchange of 36,568 stocks, EduFocal dipped 5 cents to end at $2.35 and closed with an exchange of 133,063 stock units, Elite Diagnostic rose 20 cents to $3.50 in exchanging  7,668 shares. Everything Fresh declined 6 cents to $1.36 after exchanging 10,028,420 stocks Fontana shed 9 cents in closing at $8.70 after exchanging 35,197 units Fosrich advanced 9 cents to close at $3.99 after trading 430,903 stock units. GWest Corporation rallied 6 cents to end at $1.03 in switching ownership of 1,034 units, Honey Bun increased 5 cents to end at $6.60 as 26,027 stocks passed through the market, Indies Pharma lost 9 cents after ending at $2.76 with a transfer of 33,120 shares. KLE Group gained 10 cents to close at $1.80, with three stock units crossing the exchange, Knutsford Express popped 5 cents in closing at $7.85 with a transfer of 4,020 stocks, Lasco Distributors advanced 9 cents to $2.89 after 624 units crossed the market and Limners and Bards fell 49 cents to end at $2.31 with the swapping of 36,311 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market drops again

Trading picked up a bit on the Junior Market of the Jamaica Stock Exchange on Monday, with a 16 percent rise in the volume of stocks traded after 12 percent more funds passed through the market than on Friday following trading in 43 securities up from 42 on Friday and ended with 19 rising, 17 declining and seven closing unchanged.
A total of 10,381,562 shares were exchanged for $23,676,379 up from 8,983,578 units at $21,220,946 on Friday.
Trading averaged 241,432 shares at $550,613 compared with 213,895 units at $505,261 on Friday with a month to date average of 287,326 units at $782,476 compared to 290,620 stock units at $799,120 on the previous trading day. October averaged 264,407 units at $832,036.
ONE on ONE Educational led trading with 4.75 million shares for 45.7 percent of total volume followed by Dolla Financial with 1.66 million units for 16 percent of the day’s trade and Spur Tree Spices with 981,468 units for 9.5 percent market share.
At the close, the Junior Market Index dipped 41.57 points to settle at 3,830.39.
The PE Ratio, a measure of computing appropriate stock values, averages 12.1. 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.
The 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, AMG Packaging dipped 44 cents to $2.71 after closing with 11,625 shares changing hands, Blue Power rose 43 cents in closing at $3.10 in trading 3,104 units, CAC 2000 declined $1.24 to close at $7.06 with investors transferring 325 stocks. Consolidated Bakeries lost 45 cents to end at $1.90 after trading 7,000 stock units, Dolla Financial fell 17 cents to $3.12, with 1,664,774 stock units crossing the market, Dolphin Cove dropped 40 cents in closing at $13.20, with 10,018 stocks changing hands. EduFocal shed 16 cents to close at $2.29 after 64,416 units crossed the exchange, Elite Diagnostic gained 15 cents in ending at $3.50 after an exchange of 10,292 shares, Express Catering popped 20 cents to $5 after investors traded 12,565 stock units. Fosrich lost 13 cents to end at $4.07 while exchanging 589,096 stocks, Future Energy Source rallied 11 cents to end at $5.11 with the swapping of 220,888 units, General Accident declined 90 cents to $4 with a transfer of 5,513 shares. ISP Finance dropped $3.49 to close at $15.01 with an exchange of 972 stocks, Jetcon Corporation shed 11 cents in closing at $1.08 as investors exchanged 11,041 units, JFP Ltd climbed 10 cents to $1.50, with 614,991 shares clearing the market. Knutsford Express advanced 99 cents to $8.99, with 1,100 stock units crossing the market, Lasco Financial increased 22 cents to $2.93 in exchanging 82,406 stock units, Lasco Manufacturing increased 18 cents to $3.98 after a transfer of 15,194 units. Limners and Bards climbed 11 cents to end at $2.78 in switching ownership of 238,825 shares, Lumber Depot rallied 27 cents to close at $2.50 while 113,008 stocks passed through the market, Main Event jumped $1.45 to $10 after exchanging 63,235 stock units. Medical Disposables dipped 25 cents to $5.10 after trading 3,000 shares, MFS Capital Partners popped 18 cents to end at $2.79 as 62,636 units passed through the market and Paramount Trading advanced 28 cents in closing at $1.80, with 1,019 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

New IPO pressures Junior Market

The Junior Market of the Jamaica Stock Exchange suffered more declines on Friday, ahead of the opening of the Regency Petroleum IPO on Monday, with the Market Index falling 61.65 points to 3,871.96, some 127 points below the close on Wednesday, ahead of the release of the IPO information.
The recent decline is mild compared with the fall after the announcement of the Trading climbs on the JSE US dollar market Dolla IPO, of just over 330 points, with the market slipping from 4,357.81 points to 4,027.35 the day before the issue opened and in the case of One on One, the market dropped 327 points. In both cases, prices started rebounding strongly on the day the issue opened and continued for some time after.
In Friday’s trading, the volume of stocks exchanged declined 75 percent, with the value down 81 percent from activity on Thursday, with 42 securities trading down from 46 on Thursday and ended with 17 rising,17 declining and eight closing unchanged and Blue Power closed at a 52 weeks’ low of $2.67.
A total of 8,983,578 shares were exchanged for $21,220,946, down sharply from 35,681,537 units at $109,696,406 on Thursday. Trading averaged 213,895 shares at $505,261 compared with 775,686 units at $2,384,704 on Thursday. The month to date averaged 290,620 units at $799,120 compared with 296,406 stock units at $821,279 on the previous day. October closed with an average of 264,407 units at $832,036.
ONE on ONE Educational led trading with 3.03 million shares for 33.7 percent of total volume, followed by JFP Ltd with 1.62 million units for 18.1 percent of the day’s trade and Future Energy Source with 711,415 units for 7.9 percent market share.
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 five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cream declined 14 cents to $3.86, with just 275 shares crossing the exchange, Dolla Financial shed 21 cents in closing at $3.29 after an exchange of 211,171 units, Dolphin Cove popped 10 cents to $13.60, with 1,682 stock units crossing the market. EduFocal gained 13 cents in ending at $2.45 while exchanging 499,211 stocks, Everything Fresh fell 19 cents to close at $1.50 after the trading of 81,824 shares, Express Catering advanced 23 cents to $4.80 in switching ownership of 3,880 stock units. Fontana climbed 69 cents to close at $8.79 with 84,037 units changing hands, Iron Rock Insurance lost 30 cents in ending at $2.30 after trading 50,391 stocks, Jetcon Corporation rose 11 cents to $1.19, with 121,266 shares passing through the market. KLE Group dropped 30 cents to $1.70 with a transfer of 5,500 stock units, Lasco Distributors popped 19 cents to $2.89 with investors transferring 8,900 stocks, Lasco Financial dipped 24 cents to $2.71 in exchanging 4,462 units. Lasco Manufacturing declined 10 cents in closing at $3.80 after 49,808 units passed through the market, Limners and Bards rallied 27 cents to end at $2.67 with an exchange of 22,035 shares, but only after hitting a 52 weeks’ intraday low of $2.30, Lumber Depot fell 22 cents to close at $2.23 after a transfer of 72,446 stocks. Main Event declined $1.45 to end at $8.55, with 104,679 stock units changing hands, Medical Disposables shed 15 cents in ending at $5.35, with 1,090 shares clearing the market, Paramount Trading dipped 37 cents to $1.52 after exchanging 51,208 units and Tropical Battery increased 12 cents in closing at $2.50 as investors exchanged 581,061 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling Junior Market stocks clobber gains

The Junior Market of the Jamaica Stock Exchange dropped again on Thursday, with prices of 29 stocks falling and only eight rising, following the issue of the prospectus for Regency Petroleum today, with the volume of stocks traded rising 355 percent with the value surging 438 percent over Wednesday’s trades and ending with 46 securities trading up from 40 on Wednesday and ending with only nine trading unchanged.
A total of 35,681,537 shares were traded for $109,696,406 up from 7,838,155 units at $20,403,040 on Wednesday.
Trading averaged 775,686 shares at $2,384,704 compared to 195,954 units at $510,076 on Wednesday, with the month to date averaging 296,406 units at $821,279 compared with 253,261 stock units at $680,540 on the previous day. October closed with an average of 264,407 units at $832,036.
Dolla Financial led trading with 21.01 million shares 58.9 percent of total volume, followed by ONE on ONE Educational with 2.86 million units for 8 percent of trading, JFP Ltd was next with 2.15 million units for 6 percent market share, followed by KLE Group with 2.15 million units for 6 percent of the market outcome and EduFocal with 1.44 million units for 4 percent market share.
At the close, the Junior Market Index shed 38.65 points to settle at 3,933.61.
The PE Ratio, a measure of computing appropriate stock values, averages 11.9. 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 five stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Blue Power declined 40 cents in closing at a 52 weeks’ low of $2.70, after 499 shares passed through the market, Cargo Handlers dipped $2 to close at $11 in switching ownership of 1,248 stock units, Dolla Financial popped 23 cents to $3.50 and closed after 21,010,866 stocks changed hands. Dolphin Cove rose 10 cents to end at $13.50 after exchanging 7,770 units, EduFocal shed 41 cents in ending at $2.32 while exchanging 1,440,329 stock units, Express Catering lost 43 cents in closing at $4.57 after trading 54,094 units. Fontana fell 75 cents to $8.10 with a transfer of 103,580 stocks, Fosrich dropped 17 cents to $4.21 with the swapping of 812,779 shares, Future Energy Source declined 24 cents to close at $4.96 as investors exchanged 685,047 stock units. General Accident climbed 50 cents to $4.90, with just 300 stocks crossing the exchange, GWest Corporation lost 11 cents in closing at 98 cents with 40,435 shares changing hands, Honey Bun dipped 29 cents to $6.50 after an exchange of 6,241 units. Indies Pharma dipped 11 cents to end at $2.74, with 7,779 units clearing the market, Iron Rock Insurance rallied 30 cents to close at $2.60 after an exchange of 363 stocks, ISP Finance gained $3.49 to $18.50 after a transfer of a mere five stock units. JFP Ltd shed 12 cents to $1.45 with investors transferring 2,152,239 shares, KLE Group advanced 34 cents in closing at $2 in trading 2,149,248 stocks, Knutsford Express fell 80 cents to close at $8, with just 180 shares changing hands. Lasco Distributors dropped 10 cents after ending at $2.70 with trading of 51,637 stock units, Lasco Financial increased 23 cents to end at $2.95 with an exchange of 2,950 units, Limners and Bards shed 10 cents to close at $2.40 in 8,775 shares changing hands. Main Event lost $2 in ending at $10, with 241,195 stocks crossing the market, Medical Disposables climbed 35 cents to end at $5.50 after exchanging ten stock units, MFS Capital Partners declined 15 cents to $2.60 after exchanging 498,334 units.Spur Tree Spices dipped 15 cents in closing at $2.90 with the swapping of 608,985 stocks and Tropical Battery fell 12 cents to close at $2.38 808,197 units changing hands.
In the preference segmentCAC 2000 9.5% preference share shed 10 cents to end at $1 after trading of 1,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains and losses even on Junior Market

Trading was pretty steady on the Junior Market of the Jamaica Stock Exchange on Wednesday, compared with market activity on Tuesday, with the volume of stocks traded declining a mere 7 percent as the value slipped 16 percent from that on Tuesday, following trading in 40 securities down from 43 on Tuesday and ended with stocks rising and declining sharing 17 each leaving six unchanged.
A total of 7,838,155 shares were traded for $20,403,040, down from 8,389,729 units at $24,298,687 on Tuesday.
Trading averaged 195,954 shares at $510,076 versus 195,110 units at $565,086 on Tuesday with the month to date, averaging 253,261 units at $680,540, against 258,128 stocks at $695,016 on Tuesday the previous day. October closed with an average of 264,407 units at $832,036.
Jamaican Teas led trading with 1.86 million shares for 23.8 percent of total volume, followed by JFP Ltd with 994,183 units for 12.7 percent of the day’s trade and ONE on ONE Educational with 641,325 units for 8.2 percent market share.
At the close, the Junior Market Index dropped 26.95 points to close at 3,972.26.
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 $2.20 to end at $20.70 after an exchange of 10,638 shares, Cargo Handlers popped $1.87 in closing at $13 as investors exchanged 14 stocks, Caribbean Cream gained 14 cents in ending at $4 after trading 250 stock units. Dolla Financial dipped 10 cents to $3.27, with 637,579 units changing hands, Dolphin Cove rose 40 cents to close at $13.40 after a transfer of 534 shares, Everything Fresh climbed 10 cents to close at $1.70 after an exchange of 79,283 stocks. Fontana declined 15 cents to $8.85 after 98,255 stock units crossed the exchange, Fosrich fell 17 cents to $4.38 with 414,495 units passing through the market, General Accident dipped 70 cents to $4.40 while exchanging 10,000 shares. Honey Bun increased 29 cents in closing at $6.79 with an exchange of 2,331 stocks, Iron Rock Insurance shed 30 cents to end at $2.30 with 32,247 units changing hands, Jamaican Teas rallied 22 cents in closing at $2.50 after trading 1,864,447 stock units. Knutsford Express advanced 80 cents to close at $8.80 in exchanging 19,820 shares, Lasco Financial declined 11 cents to $2.72 with the swapping of 25,623 stock units, Limners and Bards gained 10 cents in ending at $2.50 as 41,764 units crossed the market. Main Event rallied 50 cents in closing at $12 after exchanging 1,433 stocks, MFS Capital Partners dipped 15 cents to $2.75, with 366,867 stock units crossing the market, Spur Tree Spices dropped 11 cents to $3.05 trading 485,518 units and Stationery and Office Supplies shed 90 cents to end at $15.95, with 3,083 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior market trading dips

The volume of stocks traded on the Junior Market of the Jamaica Stock Exchange on Tuesday, fell by 12 percent and the value dipped by 16 percent compared to trading on Monday, with activity taking place in 43 securities, up from 41 on Monday and ended with prices of 16 rising, 22 declining and five left unchanged.
Jamaican Teas dropped to a 52 weeks’ low of 2.20 while Main Event surged to an intraday record high of $12.50.
A total of 8,389,729 shares were traded for $24,298,687 compared to 9,587,270 units at $29,063,432 on Monday. Trading averaged 195,110 shares at $565,086 compared to 233,836 units at $708,864 on Monday with the month to date averaging 258,383 units at $695,016 down from 264,459 stock units at $708,070 on the previous day. October closed with an average of 264,407 units at $832,036.
JFP Ltd led trading with 1.21 million shares for 14.4 percent of total volume followed by Spur Tree Spices with 1.08 million units for 12.9 percent of the day’s trade and Jamaican Teas with 871,755 units for 10.4 percent market share.
At the close, the Junior Market Index climbed 24.82 points to settle at 3,999.21.
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 two with lower offers.
At the close, Access Financial climbed $2.40 in closing at $22.90, with just 20 shares crossing the market, Blue Power dipped 10 cents to $3.10 with an exchange of 600 units, Cargo Handlers advanced 13 cents to $11.13 as 3,072 stocks changed hands. Caribbean Cream shed 14 cents to close at $3.86 with investors transferring 34 stock units, Caribbean Flavours rose 13 cents to $1.75 as 88,768 shares passed through the market, Consolidated Bakeries increased 11 cents to end at $2.42 after a transfer of 200 units. Elite Diagnostic lost 35 cents in closing at $3.33 with the swapping of 17,435 stock units, Everything Fresh rallied 15 cents to $1.60 with a transfer of 202,533 stocks, Future Energy Source fell 15 cents to $5.15, with 391,288 units changing hands. General Accident popped $1.10 to close at $5.10 in trading 7,300 shares, Jamaican Teas dropped 27 cents ending at a 52 weeks’ low of $2.28 after an exchange of 871,755 stock units, KLE Group declined 34 cents to end at $1.66 while exchanging 4,274 stocks. Knutsford Express declined 30 cents to close at $8 in an exchange of 60,065 stock units, Lasco Distributors dipped 10 cents to $2.80 as investors traded 218,196 units, Lasco Financial gained 12 cents in closing at $2.83, with 1,000 shares crossing the exchange. Limners and Bards fell 10 cents ending at $2.40 after an exchange of 30,856 stocks, Main Event popped $1.15 to close at a record closing high of $11.50, following the trading of 212,325 units, MFS Capital Partners shed 10 cents to $2.90 trading 124,334 stock units. Spur Tree Spices dropped 23 cents to end at $3.16 in exchanging 1,078,230 shares and Stationery and Office Supplies climbed $1.65 in closing at $16.85, with 6,262 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big drop for Junior Market on Monday

The Junior Market of the Jamaica Stock Exchange fell sharply on Monday, fuelled by falling volume of stocks trading with a decline of 60 percent as the amount of funds passing through the market dropped 56 percent compared to trading on Friday after 41 securities were traded compared with 39 on Friday and ended with prices of 10 rising, 25 declining and six closing unchanged.
A total of 9,587,270 shares were traded for $29,063,432 down from 24,249,069 units at $66,587,007 on Friday.
Trading averaged 233,836 shares at $708,864 down from 621,771 units at $1,707,359 on Friday, with the month to date, averaging 264,739 units at $708,070 versus 267,703 stock units at $707,986 on Friday the previous trading day. October closed with an average of 264,407 units at $832,036.
Consolidated Bakeries led trading with 1.38 million shares for 14.4 percent of total volume followed by MFS Capital Partners with 956,783 units for 10 percent of the day’s trade and Fosrich with 927,898 units for 9.7 percent market share.
At the close, the Junior Market Index dropped 60.44 points to settle at 3,974.39.
The PE Ratio, a measure of computing appropriate stock values, averages 12.3. 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 declined $3.19 after ending at $20.50 with investors switching ownership of 7,158 shares, Cargo Handlers shed $1.55 to end at $11 in an exchange of 5,410 units, Consolidated Bakeries dropped 39 cents in closing at $2.31 after exchanging 1,378,803 stock units. Dolphin Cove dipped 60 cents to close at $13 after an exchange of 63,390 stocks, Everything Fresh popped 13 cents to $1.45 in trading 145,000 stock units, Future Energy Source rose 14 cents to close at $5.30 as investors exchanged 737,370 shares. General Accident lost $1.05 to close at a 52 weeks’ low of $4 with a transfer of 9,968 units, Honey Bun fell 29 cents to end at $6.59 after exchanging 150 stocks, iCreate shed 18 cents to $1.81 with the swapping of 524,693 stock units. JFP Ltd fell 12 cents to $1.57 while investors exchanged 893,614 shares, KLE Group rallied 40 cents to end at $2 after a transfer of 223,500 units, Knutsford Express dipped 69 cents to $8.30 after 4,209 stocks changed hands. Lasco Distributors lost 20 cents in closing at $2.90, with 90,593 stocks crossing the market, Lasco Financial declined 29 cents to close at $2.71 as 118,224 shares passed through the market, Limners and Bards dropped 15 cents to $2.50 118,890 units changing hands. Mailpac Group advanced 12 cents to end at $2.15 after 116,159 stock units crossed the market, Stationery and Office Supplies declined 35 cents in closing at $15.20 with 6,569 stock units clearing the market and Tropical Battery dropped 20 cents in ending at $2.56 with an exchange of 450,450 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.