Big fall for Junior Market


The Junior Market took a big hit in trading on Thursday, with the market index diving 61.80 points resulting in a near 2 percent loss for the day and 6.4 percent for the year to date to close at 3,603.74, with trading continuing at 48 securities per day for the week and ending with prices of only 11 rising, 26 declining and 11 holding firm and resulting in an 18 percent rise in the volume of stocks traded, with 46 percent greater value than Wednesday.

The market closed with trading of 4,463,393 shares for $9,427,510 up from 3,788,831 units at $6,452,401 on Wednesday. Trading ended with an average of 92,987 shares for $196,406 compared to 78,93 stocks at $134,425 on Wednesday with the month to date, averaging 327,352 units at $931,016 compared with 346,290 stock units at $990,378 on the previous day and an average of 309,920 shares at $766,307 in November.
Stationery and Office Supplies led trading with 823,023 shares for 18.4 percent of total volume followed by Fosrich with 790,445 units for 17.7 percent of the day’s trade and Lumber Depot with 557,629 stock units for 12.5 percent market share.
At the close of trading, the Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
At the close, Access Financial slipped 42 cents to close at $17.60 with 318 stock changing hands, CAC 2000 fell 16 cents to $2.20 with investors trading 250 shares, Cargo Handlers dropped $1.11 to finish at $10.89 with 4,108 stocks crossing the market. Caribbean Cream increased 52 cents and ended at $3.20 after an exchange of a mere 516 units, Consolidated Bakeries shed 29 cents in closing at $1.90 with investors trading 151 shares, Dolphin Cove declined 10 cents to end at $18 after an exchange of 24,210 stock units. Express Catering popped 14 cents in closing at $3.30 with a transfer of 13,094 units, Fosrich sank 9 cents to close at $2.06 in the trading of 790,445 stocks after hitting a 52 weeks’ intraday low of $1.86, ISP Finance dipped $3.53 to finish at $19.97 in an exchange of a mere 105 shares. Jamaican Teas lost 7 cents and ended at $2.12 with traders dealing in 120,523 stocks, KLE Group climbed 11 cents to end at $1.25 in an exchange of 11 units, Knutsford Express skidded $2.18 to close at $10.47 after 472 stock units crossed the market. Lumber Depot rose 9 cents to $2.49 with investors swapping 557,629 shares, MFS Capital Partners sank 8 cents in closing at 57 cents with 2,150 stocks clearing the market, Regency Petroleum skidded 14 cents to close at $3 in trading 82,172 units and tTech sank 28 cents to end at $1.72 and closed after 64,368 stock units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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