Junior Market big Thursday drop

The Junior Market Index of the Jamaica Stock Exchanged dropped points to 3,884.06 on Thursday with a 13 percent rise in the volume of stocks trading, following a 23 percent increase in the value passing through the market compared to Wednesday following trading in 46 securities, similar to Wednesday and ended with 15 rising, 22 declining and nine closing unchanged.
A total of 12,623,385 shares were traded for $31,723,485 compared to 11,166,116 units at $25,766,396 on Wednesday.
Trading averaged 274,421 shares at $689,641 compared with 242,742 units at $560,139 on Wednesday with the month to date averaging 226,721 units at $573,627 versus 223,871 stock units at $566,697 on Wednesday, the previous day. December closed with an average of 333,420 units at $925,533.
Fosrich led trading with 3.11 million shares for 24.7 percent of total volume followed by ONE on ONE Educational with 1.72 million units for 13.6 percent of the day’s trade, Image Plus Consultants with 1.41 million units for 11.2 percent market share, Dolla Financial with 1.38 million units for 10.9 percent market share and Limners and Bards with 1.03 million units for 8.1 percent market share. The PE Ratio, a measure of computing appropriate stock values, averages 12.6. The PE ratios of Junior Market stocks uses ICInsider.com projected earnings for the financial year ending that fall between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rose 49 cents to $24.99 after exchanging six shares, Cargo Handlers fell $1.74 in closing at $11.65 after investors traded 382 stocks, Caribbean Assurance Brokers rose 27 cents to finish at $2.18 in an exchange of 1,520 stock units. Dolphin Cove rallied $1.10 to $14.92 with an exchange of 802 units, Express Catering lost 36 cents to close at $4.72 trading 114,019 units, Fontana gained 30 cents to close at $9.20 with 39,581 shares changing hands. Fosrich shed 26 cents to close at $3.01 in exchanging 3,113,891 stocks, General Accident declined $1.20 to $4.10 in switching 34,018 stock units, Image Plus Consultants gained 9 cents in ending at $1.95 after 1,408,841 stocks were traded. Indies Pharma lost 16 cents to close at $2.60 with investors transferring 209,616 units, KLE Group gained 19 cents to end at $1.90 with one stock unit crossing the market, Limners and Bards dipped 20 cents to $2.20 with the swapping of 1,025,029 shares. Main Event fell 89 cents to $9.11 after investors transferred 3,202 units, Medical Disposables popped 9 cents to end at $4.60 trading 59,036 shares and Stationery and Office Supplies advanced 25 cents to $14.50 after a transfer of 49,516 stock units.
In the preference segmentCAC 2000 9.5% preference share gained 15 cents in closing at $1.17 in exchanging 852 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for Junior Market

The Junior Market of the Jamaica Stock Exchange recovered more than half of Tuesday’s 64 points drop in the market index as it closed on Wednesday after a 32 percent decline in the volume of stocks traded and a 36 percent fall in the value from trading in 46 securities compared with 48 on Tuesday and ending with prices of 21 stocks rising, 14 declining and 11 closing unchanged.
At the close, the Junior Market Index rose 35.91 points to settle at 3,940.68.
A total of 11,166,116 shares were exchanged for $25,766,396 versus 16,319,167 units at $40,158,085 on Tuesday.
Trading averaged 242,742 shares at $560,139 up from 339,983 units at $836,627 on Tuesday with a month to date average of 223,871 stocks at $566,697 versus 222,672 stock units at $567,113 on the previous day. December closed with an average of 333,420 units at $925,533.
JFP Ltd led trading with 3.33 million shares for 29.8 percent of total volume followed by Image Plus Consultants with 1.91 million units for 17.1 percent of the day’s trade and ONE on ONE Educational with 1.45 million units for 13 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.9. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for the financial year ending that fall between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial dipped $1.05 to $24.50 with an exchange of 12,765 shares, Blue Power gained 19 cents to close at $2.89 after 11 units cleared the market, CAC 2000 advanced $1.27 to end at $8.48 as investors exchanged three stocks. Caribbean Cream gained 42 cents to close at $3.80 trading 2,605 stock units, Consolidated Bakeries rose 28 cents to end at $2.13 with investors transferring 233 shares, Dolphin Cove lost 18 cents to close at $13.82 with 17,654 units changing hands. Elite Diagnostic popped 10 cents to settle at $3.20 with a transfer of 4,000 stocks, Express Catering gained 8 cents to end at $5.08 in switching ownership of 44,901 stock units, Fontana rallied 40 cents in ending at $8.90 in an exchange of 33,298 units. Fosrich fell 12 cents to $3.27 after 804,631 shares passed through the market, Future Energy Source lost 7 cents to end at $4.78 trading 476,514 stock units, General Accident rose 22 cents to close at $5.30 in exchanging 48,612 stocks. Iron Rock Insurance popped 22 cents in ending at $2.39 with 1,000 stock units being traded, Jetcon Corporation gained 7 cents in closing at $1.13, with 135,605 stocks changing hands, Knutsford Express fell $1.90 to $10.10 with the swapping of 20,344 shares. Lasco Distributors gained 15 cents in closing at $2.71 in exchanging 8,753 units, Lasco Financial advanced 31 cents to $2.84 in trading 3,105 units, and Lasco Manufacturing popped 64 cents to close at $4.80 with 57,968 shares changing hands. Lumber Depot rallied 7 cents in ending at $2.37 with an exchange of 3,479 stocks, Main Event rose 80 cents to $10 after clearing the market with 41,403 stock units and Tropical Battery lost 8 cents to end at $2.33 with a transfer of 760,527 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big fall for Junior Market

Newly listed Image Plus Consultants closed below the IPO price of $2 in trading on Tuesday with 6.23 million shares as the Junior Market of the Jamaica Stock Exchange closed sharply lower with the volume of stocks traded rising 4 percent and the value moderately lower than Monday, after 48 securities were exchanged compared with 49 on Monday and ended with prices of just 10 rising, 29 declining and nine closing unchanged.
A total of 16,319,167 shares were exchanged for $40,158,085 compared with 15,746,039 units at $40,681,154 on Monday.
Trading averaged 339,983 shares at $836,627 compared to 321,348 units at $830,228 on Monday. Trading month to date averages 222,672 units at $567,113 compared with 214,342 stock units at $547,976 on Monday, the previous day. December closed with an average of 333,420 units at $925,533.
Image Plus Consultants led trading with 6.23 million shares for 38.2 percent of total volume followed by Dolla Financial with 1.97 million units for 12.1 percent of the day’s trade, Spur Tree Spices chipped in with 1.44 million units for 8.8 percent of stocks traded and Fosrich with 1.16 million units for 7.1 percent market share.
At the close, the Junior Market Index shed 64.19 points to settle at 3,904.77.
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 the financial year ending that fall between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Access Financial advanced $3.44 to $25.55 after the trading of 6,480 shares, Blue Power dipped 16 cents to close at $2.70 with 11,243 stocks crossing the exchange, CAC 2000 fell $1.27 to $7.21 in transferring 859 stock units. Caribbean Assurance Brokers lost 21 cents to close at $1.92 with investors switching ownership of 146,880 units, Caribbean Cream shed 42 cents in closing at $3.38 after an exchange of 887 stocks, Consolidated Bakeries lost 30 cents to end at $1.85 with the swapping of 5,977 stock units. Dolphin Cove gained 32 cents to close at $14 with 77,593 units changing hands, Express Catering dipped 40 cents to close at $5 with the swapping of 22,919 shares, Fontana fell 50 cents in closing at $8.50 in an exchange of 88,390 stock units. Fosrich lost 15 cents in ending at $3.39 trading 1,163,398 shares, General Accident rose 37 cents to end at $5.08 after a transfer of 23,988 units, GWest Corporation lost 9 cents to finish at $1 with an exchange of 18,833 stocks. Image Plus Consultants dipped 10 cents to an all time low of $1.90 in switching ownership of 6,233,417 shares, Indies Pharma shed 19 cents in closing at $2.76 with 6,218 stocks changing hands, Iron Rock Insurance fell 23 cents to $2.17 after 381 units crossed the market. ISP Finance declined $1 to close at $27 with investors transferring 33 stock units, JFP Ltd gained 17 cents in ending at $1.79 with an exchange of 474,334 stocks, Knutsford Express declined 49 cents in closing at $12 after 9,100 units cleared the market. Lasco Financial dropped 31 cents to end at $2.53 as investors exchanged 86,710 stock units, Limners and Bards dipped 17 cents to $2.40 in trading 5,620 shares, Lumber Depot lost 16 cents after ending at $2.30 in switching ownership of 70,202 units. Main Event rallied 10 cents to $9.20 with a transfer of 24,720 stocks, Paramount Trading shed 18 cents in closing at $2.15 in an exchange of 2,156 shares, Stationery and Office Supplies dropped 74 cents to end at $14.25 while trading 17,420 stock units and tTech fell 35 cents to close at $2.50 with investors transferring 4,262 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market loses altitude

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Trading on the Junior Market of the Jamaica Stock Exchange was dominated by falling stock prices on Monday with all the 49 list securities trading up from 46 on Friday as the volume of stocks traded declined by22 percent, with the value exchanged being 19 percent lower than on Friday and leading to prices of 10 stocks rising, 29 declining and 10 closing unchanged.
A total of 15,746,039 shares were exchanged for $40,681,154 versus 20,295,875 units at $50,102,944 on Friday.
Trading averaged 321,348 shares at $830,228 down from 441,215 units at $1,089,194 on Friday with the month to date average of 214,342 stock units at $547,976 compared to 205,980 stocks at $525,918 on Friday, the previous day. Trading in December averaged 333,420 units at $925,533.
Image Plus Consultants led trading with 7.81 million shares for 49.6 percent of total volume followed by Fosrich with 2.48 million units for 15.7 percent of the day’s trade and Regency Petroleum with 896,948 units for 5.7 percent market share.
At the close, the Junior Market Index shed 24.95 points to close at 3,968.96.
The PE Ratio, a measure of computing appropriate stock values, averages 12.5. The PE ratios of Junior Market stocks use ICInsider.com projected earnings for the financial year ending that falls between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial dropped $1.39 to end at $22.11 with a transfer of 2,512 shares, Cargo Handlers advanced $1.76 to $13.40 after trading 181 stock units, Caribbean Cream popped 60 cents to $3.80 in an exchange of 500 units. Dolphin Cove fell $1.52 to $13.68 after 226,485 stocks passed through the market, EduFocal fell 16 cents to $2.23 with the swapping of 86,766 stocks, Express Catering lost 10 cents to settle at $5.40 with an exchange of 10,208 shares. Fosrich shed 11 cents in closing at $3.54 with 2,478,099 stock units changing hands, Honey Bun rose 50 cents to $7.52 after 8,438 units crossed the market, iCreate lost 7 cents after ending at $1.71 trading 277,134 shares. Image Plus Consultants shed 20 cents to close at $2 as investors exchanged 7,813,398 stocks, as low as $1.90, Indies Pharma advanced 25 cents to $2.95 with a transfer of 98,685 stock units, ISP Finance dropped 40 cents in closing at $28 after switching ownership of 51 units. JFP Ltd lost 10 cents in ending at $1.62 with 157,396 stock units changing hands, KLE Group fell 19 cents to $1.71 with the swapping of 1,689 shares, Lasco Distributors dipped 15 cents to end at $2.58 as investors exchanged 27,760 stocks. Lasco Financial gained 24 cents to close at $2.84 with a transfer of 31,621 units, Lasco Manufacturing shed 39 cents in closing at $4.16 after exchanging 8,420 units, Lumber Depot gained 16 cents in ending at $2.46 after trading 136,511 stock units. Main Event dipped 30 cents to $9.10 in switching ownership of 41,568 shares, MFS Capital Partners declined 12 cents to close at $2.85 with an exchange of 533,814 stocks, Paramount Trading rallied 13 cents to close at $2.33 after clearing the market with 2,652 stock units and Tropical Battery lost 8 cents to settle at $2.41 after a transfer of 340,762 shares.
In the preference segmentCAC 2000 9.5% preference share fell 14 cents to $1.02 in trading 2,970 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big fall for Junior Market

The Junior Market of the Jamaica Stock Exchange plunged on Thursday after the volume of stocks traded rose 55 percent and the value climbed 61 percent more than Wednesday with trading in 45 securities trading up from 43 on Wednesday and ended with 11 rising, 26 declining and eight closing unchanged.
A total of 11,460,696 shares were traded for $29,877,310 compared to 7,376,918 units at $18,528,560 on Wednesday.
Trading averaged 254,682 shares at $663,940 compared with 171,556 units at $430,897 on Wednesday. The month to date, averaged 187,355 units at $481,322 compared with 181,703 stock units at $465,990 on Wednesday, the previous day. December closed with an average of 333,420 units at $925,533.
Paramount Trading led trading with 4.85 million shares for 42.3 percent of total volume followed by Dolla Financial with 1.42 million units for 12.4 percent of the day’s trade and MFS Capital Partners with 1.04 million units for 9.1 percent market share.
At the close, the Junior Market Index shed 72.07 points to settle at 3,963.89.
The PE Ratio, a measure of computing appropriate stock values, averages 12.7PE ratios of Junior Market stocks are computed using ICInsider.com projected earnings for the financial year ending that fall between November 2022 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 shed 80 cents to $23.50 with a transfer of 4,228 shares, AMG Packaging gained 13 cents in closing at $2.98 in trading 312 stocks, Blue Power lost 19 cents to finish at $2.61 after crossing the market with 10,914 stock units. Cargo Handlers declined $2.01 to end at $11.64 in an exchange of 2,778 units, Caribbean Cream lost 15 cents ending at $3.85 after a transfer of 2,124 units, Caribbean Flavours dipped 8 cents to $1.77 with 2,500 shares changing hands. Consolidated Bakeries lost 18 cents in ending at $1.81 in switching ownership of 5,268 stock units, Dolphin Cove gained 30 cents in closing at $15.30 after clearing the market with 660 stocks, EduFocal lost 7 cents to close at $2.43 after trading 10,800 shares. Express Catering dropped 44 cents to end at $5 with the swapping of 3,524 units, Fontana fell 12 cents to $9 in transferring 48,930 stocks, Future Energy Source dipped 7 cents to close at $4.78 as investors exchanged 191,439 stock units. General Accident shed 38 cents in ending at $4.70 with 5,176 shares changing hands, ISP Finance declined 50 cents in closing at $28.40 with investors transferring 13 units, JFP Ltd lost 14 cents to end at $1.70 in trading 529,994 stocks. KLE Group popped 19 cents to finish at $1.90 after trading one stock unit, Lasco Distributors dipped 7 cents to $2.70 with the swapping of 1,220 stocks, Lasco Financial declined 17 cents to end at $2.68 with an exchange of 2,960 shares. Lasco Manufacturing lost 22 cents in closing at $4.18 with the swapping of 38,457 units, Main Event fell 60 cents to $9.40 after exchanging 46,686 stock units, Medical Disposables shed 24 cents to close at $4.51 in trading 10,000 stock units. MFS Capital Partners rose 11 cents to $2.83 after 1,039,839 stocks passed through the market, Paramount Trading shed 18 cents in closing at $2.12 in switching ownership of 4,848,054 units, Stationery and Office Supplies rallied 71 cents to end at $15 trading 1,077 shares and Tropical Battery advanced 14 cents to $2.54 with a transfer of 799,246 units.
In the preference segmentCAC 2000 9.5% preference share gained 16 cents to end at $1.17 after crossing the market with 4,256 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market highest since December close

After spending the first half of January below the 2022 close, the Junior Market of the Jamaica Stock Exchange has climbed 1.2 percent for the year to date with one technical indicator pointing to higher ground for the market when it closed on Wednesday. The volume of stocks traded declined 40 percent and the value 40 percent lower than on Tuesday with 43 securities trading, similar to Tuesday and ending with prices of 16 rising, 17 declining and 10 closing unchanged.
Only 7,376,918 shares were traded for $18,528,560 down from 12,267,173 units at $30,849,632 on Tuesday.
Trading averaged 171,556 shares at $430,897 compared with 285,283 units at $717,433 on Tuesday with the month to date, averaging 181,703 units at $465,990 versus 182,588 stock units at $469,051 on the previous day. December closed with an average of 333,420 units at $925,533.
Regency Petroleum led trading with 1.92 million shares for 26 percent of total volume followed by ONE on ONE Educational with 1.15 million units for 15.6 percent of the day’s trade and MFS Capital Partners with 781,071 units for 10.6 percent market share.
At the close, the Junior Market Index popped 29.27 points to settle at 4,035.96.
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 the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial rose $1.30 to close at $24.30 after an exchange of 86 shares, AMG Packaging lost 13 cents to end at $2.85 with a transfer of 8,905 units, Blue Power dipped 15 cents to $2.80 trading 100 stocks. Caribbean Cream advanced 35 cents to close at $4 after two stock units cleared the market, Consolidated Bakeries gained 18 cents in closing at $1.99 with the swapping of two units, Dolla Financial lost 9 cents to finish at $2.91 after a transfer of 710,422 stocks.General Accident popped 38 cents to close at $5.08 with 1,000 stock units changing hands, Indies Pharma advanced 19 cents to $2.87 as investors exchanged 7,134 shares, ISP Finance shed 10 cents ending at $28.90 after 737 shares were traded. KLE Group dipped 9 cents in closing at $1.71 with investors transferring 100 stocks, Knutsford Express declined 48 cents to $12.02 in an exchange of 181,010 stock units, Lasco Manufacturing lost 10 cents to close at $4.40 after 3,498 units cleared the market. Lumber Depot rallied 16 cents to $2.47 in trading 20,052 units, Medical Disposables fell 40 cents in closing at $4.75 as investors exchanged 6,003 shares, MFS Capital Partners dipped 13 cents to end at $2.72 in switching ownership of 781,071 stocks. ONE on ONE Educational shed 8 cents to $1.22 after trading 1,148,706 stock units, Paramount Trading gained 18 cents to end at $2.30 with an exchange of 241,058 stock units, Stationery and Office Supplies declined 31 cents to $14.29 with the swapping of 4,040 stocks and tTech advanced 30 cents to close at $2.85 in transferring five units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market clears 2022 close for the first time

For the first time in 2023, the Junior Market of the Jamaica Stock Exchange closed higher than the 2022 close with Market Index advancing 25.13 points to settle at 4,006.69 after the volume of stocks traded climbed modestly and the value just 11 percent more than on Monday, resulting from 43 securities trading versus 44 on Monday and ended with 19 rising, 15 declining and 9 closing unchanged.
A total of 12,267,173 shares were exchanged for $30,849,632 up from 11,787,222 units at $27,770,919 on Monday.
Trading averaged 285,283 shares at $717,433 compared with 267,891 units at $631,157 on Monday with the month to date, averaging 182,588 units at $469,051 compared to 172,775 stock units at $445,317 on Monday, the previous day. December closed with an average of 333,42 units at $925,533.
Derrimon Trading led trading with 4.85 million shares for 39.5 percent of total volume followed by Regency Petroleum with 1.21 million units for 9.9 percent of the day’s trade, JFP Ltd with 1.18 million units for 9.6 percent of the market and ONE on ONE Educational with 1.03 million units for 8.4 percent market share.
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 the financial year ending falling between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, AMG Packaging advanced 28 cents to $2.98 in an exchange of 1,300 shares, Consolidated Bakeries dipped 19 cents to $1.81 with a transfer of 3,043 stock units, Dolla Financial gained 9 cents to close at $3 after 316,836 units were traded. Dolphin Cove rose 50 cents to end at $15 with investors transferring 62,902 stocks, EduFocal gained 27 cents to close at $2.53 after exchanging 155,546 shares, Future Energy Source lost 10 cents to end at $4.80 after trading 405,086 stock units. General Accident fell 39 cents to $4.70 with the swapping of 24,051 units, Honey Bun lost 6 cents to end at $7.14 in transferring 13,971 stocks, iCreate popped 6 cents in closing at $1.85 after switching ownership of 145,247 units. Knutsford Express shed 35 cents ending at $12.50 with 61,133 stock units changing hands after trading at an intraday 52 weeks’ high of $13.45, Lasco Distributor gained 6 cents to close at $2.76 with an exchange of 7,915 shares, Lasco Financial rallied 27 cents to $2.85 as investors traded 1,279 stocks. Lasco Manufacturing popped 46 cents in closing at $4.50 with the transfer of 163,636 units, Limners and Bards declined 21 cents after ending at $2.45 and exchanging 34,616 stocks, Lumber Depot dipped 14 cents to end at $2.31 as investors swapped 194,373 stock units. MFS Capital Partners dropped 13 cents to $2.85 after 493,900 shares passed through the market, ONE on ONE Educational gained 6 cents to close at $1.30 with 1,034,621 units changing hands, Paramount Trading rose 11 cents to end at $2.12 after clearing the market with 842,416 stocks. Regency Petroleum rallied 9 cents in closing at $1.55 trading 1,209,964 shares and Stationery and Office Supplies declined 55 cents to end at $14.60 with an exchange of 6,412 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Solid gains for Junior Market

Trading jumped with the volume more than doubling that on Friday at the close of the Junior Market of the Jamaica Stock Exchange Monday as investors pumped 68 percent more funds into the market and traded 115 percent more in the volume of stocks traded than on Friday after trading took place in 44 securities the same as on Friday, and ending with 19 rising, 14 declining and 11 closing unchanged.
A total of 11,787,222 shares were exchanged for $27,770,919 compared to 5,480,926 units at $16,508,630 on Friday.
Trading averaged 267,891 shares at $631,157 compared to 124,567 units at $375,196 on Friday with the month to date averaging 172,775 units at $445,317 versus 162,467 stock units at $425,176 Friday, the previous day. December closed with an average of 333,420 units at $925,533.
Paramount Trading led trading with 7.39 million shares for 62.7 percent of total volume followed by Dolla Financial with 718,336 units for 6.1 percent of the day’s trade and ONE on ONE Educational with 451,581 units for 3.8 percent market share.
At the close, the Junior Market Index advanced 33.09 points to settle at 3,981.56.
The PE Ratio, a measure of computing appropriate stock values, averages 12.9. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for the financial year ending that fall between November 2022 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 popped 81 cents to $23 with a transfer of 16 shares, AMG Packaging lost 5 cents to close at $2.70 with an exchange of 53,966 units, Caribbean Cream shed 35 cents to end at $3.65 as investors swapped 2,100 stock units. Dolphin Cove advanced 80 cents to $14.50 after the trading of 1,509 stocks, Fontana gained 6 cents in ending at $9.05 in switching ownership of 50,400 shares, Fosrich dipped 5 cents to $3.70 in transferring 249,582 units. Indies Pharma fell 27 cents to close at $2.63 with an exchange of 9,749 stocks, Iron Rock Insurance rose 10 cents in closing at $2.11 with one stock unit changing hands, ISP Finance rallied $4.44 to $29 after an exchange of 109 units. Jetcon Corporation popped 5 cents to $1.10 with 111 stocks clearing the market, Knutsford Express advanced $3.25 to a 52 week’s high of $12.85 in trading 50,618 shares as investors react positively to the company’s strong rebound in profits, Lasco Financial shed 26 cents in closing at $2.58 after 30,015 stock units cleared the market. Lumber Depot lost 5 cents to finish at $2.45 with the swapping of 15,521 shares, Mailpac Group declined 7 cents to $2.03 with 61,253 units changing hands, Main Event rose 74 cents to $9.99 after a transfer of 78,619 stock units. MFS Capital Partners gained 16 cents to close at $2.98 with an exchange of 420,214 stocks, Spur Tree Spices rallied 11 cents to $3.01 after trading 250,700 stock units, Stationery and Office Supplies advanced 92 cents to close at $15.15 after a transfer of 6,982 units and Tropical Battery gained 5 cents to finish at $2.45 trading 49,545 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market closed lower, ends week higher

The Junior Market of the Jamaica Stock Exchange could not build on the solid gain on Thursday and gave back just over half of Thursday’s gains in dropping 37.78 points on Friday to close at 3,948.47, as trading picked up over Thursday and closed with a 44 percent increase in the volume of stocks traded, with the value rising 78 percent over Thursday after trading in 44 securities versus 48 previously and ended with prices of 15 rising, 22 declining and seven closing unchanged.
A total of 5,480,926 shares were traded for $16,508,630 compared to 3,805,407 units at $9,248,824 on Thursday.
Trading averaged 124,567 shares for $375,196 versus 79,279 units at $192,684 on Thursday with the month to date averaging 162,467 units at $425,176 compared to 167,073 stock units at $431,251 on the previous day. December closed with an average of 333,420 units at $925,533.
Fosrich led trading with 800,866 shares for 14.6 percent of total volume followed by Regency Petroleum with 701,590 units for 12.8 percent of the day’s trade and Jetcon Corporation with 653,714 units for 11.9 percent market share.
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 the financial year that ends between November last year and August 2023.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial shed $2.76 to end at $22.19 after exchanging 50 shares, AMG Packaging dipped 45 cents to $2.75 with the swapping of 9,225 units following the release of its first quarter results to November that showed lower profits than in 2021. Dolphin Cove shed $1.09 to close at $13.70 with 55,057 stock units changing hands. Express Catering rallied 44 cents to $5.44 after a transfer of 20,556 stocks, Fontana gained 9 cents in closing at $8.99 in trading 51,272 units, Fosrich popped 7 cents in ending at $3.75, with 800,866 stock units clearing the market. Honey Bun declined 40 cents to end at $7.20 in exchanging 1,501 stock units, Indies Pharma popped 24 cents in closing at $2.90 as investors switched ownership of 412 shares, Iron Rock Insurance fell 61 cents to $2.01 in transferring 16,037 shares. ISP Finance dropped $4.94 to $24.56 with 1,071 stock units changing hands, Knutsford Express lost 20 cents to end at $9.60 after crossing the market with 142,818 stocks, after the stock traded up to $11.60, an intraday 52 weeks’ high, in response to the release of six months results that showed an increase in profit, Lasco Financial rose 14 cents to $2.84 with an exchange of 1,000 units and tTech dipped 37 cents to close at $2.55 in trading 19 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market jumps back to 2022 close

Trading activity pushed the Junior Market Index solidly higher with a rise of 72.97 points to 3,986.25 on Thursday and just about wiped out the previous losses for the year to date as the index is a mere 0.19 points adrift of the 2022 closing of the Junior Market of the Jamaica Stock Exchange, with trading in 48 securities up from 42 on Wednesday and ended with 23 rising, 17 declining and eight closing unchanged.
The volume of stocks traded fell 68 percent to 3,805,407 shares from 11,745,381 units on Wednesday and exchanged for a 68 percent lower sum of $9,248,824 compared to $29,354,951 previously.
Trading averaged 79,279 shares at $192,684 against 279,652 units at $698,927 on Wednesday with the month to date, averaging 167,073 units at $431,251 compared to 180,494 stock units at $467,720 on the previous day. December closed with an average of 333,420 units at $925,533.
JFP Ltd led trading with 1.10 million shares for 28.8 percent of total volume followed by ONE on ONE Educational with 669,061 units for 17.6 percent of the day’s trade and Tropical Battery with 350,520 units for 9.2 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.9. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for the financial year ending that fall between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial rose 76 cents to end at $24.95 with an exchange of 15 shares, Blue Power popped 46 cents in closing at $2.98 with investors transferring 48 units, Caribbean Assurance Brokers gained 14 cents to end at $2.15 in trading 18,774 stock units. Caribbean Cream shed 59 cents ending at $4.01 after an exchange of 5,274 stocks, Caribbean Flavours popped 12 cents to close at $1.82 with a transfer of 3,835 stock units, Dolphin Cove fell 10 cents to $14.79 with the swapping of 6,506 units. EduFocal declined 24 cents to $2.25 after a transfer of 7,347 stocks, Express Catering lost 25 cents in closing at $5 as investors exchanged 11,771 shares, Fosrich shed 23 cents in ending at $3.68 after trading 328,617 stocks. General Accident rallied 46 cents to close at $5.07 after 307 shares passed through the market, Honey Bun rose 40 cents to $7.60 with the swapping of 1,125 units, Indies Pharma dipped 14 cents to $2.66 in exchanging 17,868 stock units. Iron Rock Insurance gained 22 cents in closing at $2.62 after investors transferred 170 shares, ISP Finance advanced $4.48 to $29.50 in switching ownership of 5,070 stock units, Knutsford Express rose 35 cents to close at $9.80 after clearing the market with 47,534 units, ahead of the release of half year results to November, reflecting a continued recovery in profit. Lasco Financial lost 15 cents to end at $2.70 in an exchange of 19,101 stocks, MFS Capital Partners dipped 17 cents to $2.83 in swapping 57,142 stock units, Stationery and Office Supplies declined $1.78 to end at $14.21 trading 4,914 units and tTech gained 26 cents to close at $2.92 in exchanging 4,563 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.