A second big trading day for Fosrich

Fosrich accounted for nearly 94 percent of trading on the Junior Market of the Jamaica Stock Exchange on Monday, following the trading of 117 million with the volume and the value of stocks traded, were moderately lower than the heightened levels on Friday with trading taking place in 45 securities compared with 43 previously and ending with prices of only eight rising, a massive 28 declining and nine closing unchanged.
The market ended with exchange of 118,786,848 shares for $248,220,254 compared with 121,305,240 units at $259,384,829 on Friday.
Trading averaged 2,639,708 shares at $5,516,006, compared with 2,821,052 units at $6,032,205 on Friday with the month to date, averaging 715,177 stock units at $1,533,469 up from 463,421 stock units at $1,012,497 on the previous trading day and April with an average of 204,118 units at $439,599.
Fosrich led trading with 111.13 million shares for 93.6 percent of total volume, down from 117 million on Friday followed by ONE on ONE Educational with 3.52 million stocks for 3 percent of the day’s trade and Jamaican Teas with 1.76 million units for 1.5 percent of the day’s trade.
At the close of trading, the Junior Market Index sank 43.17 points to end the day at 3,685.32 after falling 106 points in two days. The Investor’s Choice bid-offer indicator closed with a highly positive ratio that points to a big rally on Tuesday.
The Junior Market ended trading with an average PE Ratio of 11.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial climbed $1.25 to close at $21.10 with investors trading 11 shares, AMG Packaging shed 15 cents to end at $3.35 in switching ownership of 20,155 stocks, Blue Power fell 8 cents and ended at $3.63 after the trading of 15,244 shares. Caribbean Assurance Brokers declined 21 cents to end at $3.31, with 27,025 stock units crossing the market, Derrimon Trading sank 13 cents in closing at $1.87, with investors trading 1,003 shares, Dolla Financial skidded 7 cents to finish at $2.66 with 457,648 stock units changing hands. Honey Bun lost 29 cents to end at $7.61 after 4,674 stocks passed through the market, Indies Pharma dropped 20 cents to end at $2.52 with investors dealing in 5,516 units, ISP Finance dipped $1.49 to $28.01, with 102 stocks crossing the exchange. Jamaican Teas slipped 32 cents to close at $2.05 with traders dealing in 1,755,759 shares, JFP Ltd lost 7 cents to finish at $1.13 as investors exchanged 35,746 stock units, KLE Group shed 29 cents and ended at $1.91 with 1,500 units clearing the market. Lasco Financial declined 7 cents to $1.62 with an exchange of 26,531 stocks, Limners and Bards sank 18 cents to finish at $1.26, with 1,870 shares crossing the market, Mailpac Group rose 6 cents and ended at $2.06 with investors transferring 72,869 stock units. Main Event slipped 44 cents to close at $13 after an exchange of 6,480 units, Medical Disposables fell 43 cents in closing at $1.85 with investors trading 34,744 shares, MFS Capital Partners dipped 17 cents to end at $1.26 after a transfer of 265,589 stock units. One Great Studio skidded 7 cents in closing at 86 cents after 204,846 stocks passed through the market, ONE on ONE Educational dropped 10 cents to a 52 weeks’ low of 75 cents after an exchange of 3,519,161 units, Spur Tree Spices lost 9 cents to finish at $2.30 with a transfer of 456,263 shares. Tropical Battery shed 21 cents and ended at $2.12 in an exchange of 190,796 units and tTech gained 19 cents to close at $2.20 in an exchange of 146 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.