Winning week for Junior Market stocks

The Jamaica Stock Exchange Junior Market closed trading on Friday, with the volume and the value of stocks changing hands climbing 69 and 65 percent, respectively, over Thursday’s trades and leading the market to close higher for the day and the week. 
On Thursday, investors traded 31 securities down from 36, with 12 rising, 11 declining, and eight closing unchanged.
The Junior Market Index rose 20.06 points to end at 3,325.40. The PE Ratio, a measure used to compute appropriate stock values, averages 12.9.  he PE Ratio of each stock shown in the chart below is based on earnings calculated by for companies whose financial year ends up to July 2022.
Trading ended with 7,139,761 shares for $25,836,483, down from 4,213,606 units at $15,623,313 on Thursday. Jamaican Teas led trading with 3.76 million shares to control 52.6 percent of total volume traded, followed by Lumber Depot 1.13 million units for 15.8 percent of the day’s trade and iCreate 588,458 units for 8.2 percent market share.
Trading averaged 230,315 shares at $833,435 versus 117,045 shares at $433,981 on Thursday. Trading month to date, averages 184,236 units at $646,163 compared to 180,323 units at $630,258 on Thursday. September closed with an average of 207,032 units at $668,264.
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 dropped 40 cents to close at $18.50 in exchanging 1,000 shares, AMG Packaging advanced 5 cents in ending at $1.93 after trading 219,926 stocks, Blue Power lost 18 cents in closing at $3.20 in an exchange of 5,364 units. Caribbean Cream fell 15 cents to $6.25 with 157,291 stock units changing hands, Caribbean Flavours declined 7 cents to end at $1.89 with the swapping of 40,034 stock units, Consolidated Bakeries spiked 18 cents to $1.73 in trading 2,023 shares. Derrimon Trading shed 6 cents in closing at $2.29 after 234,957 units crossed the market, Express Catering dropped 5 cents to end at $4.95 with 5,203 stocks changing hands, Fontana increased 28 cents to close at $6.68, with 21,423 stocks clearing the market. iCreate rose 10 cents to 99 cents in switching ownership of 588,458 stock units, Jamaican Teas climbed 20 cents to $4.35, with 3,755,020 shares crossing the exchange, Knutsford Express fell 60 cents to $7.50 while exchanging 2,330 units. Lasco Financial popped 6 cents to end at $3.24 while trading 76,488 units, Limners and Bards climbed 12 cents to $3.62, with 64,746 stock units crossing the market, Mailpac Group declined 9 cents to close at $3.76 trading 186,639 stocks. Main Event rallied 24 cents to $4 after trading 520 shares and tTech dipped 53 cents to $4.25 with an exchange of 3,629 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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