The Junior Market of the Jamaica Stock Exchange recover a fair amount of ground recent lost to close on Friday, with the Market Index popped 69.11 points higher to close at 3,112.72. Trading levels fell with a 48 percent slippage in the volume of stocks traded, with the value rising just 9 percent over Thursday. At the close of the market prices of 24 securities rose, 13 declined and 10 closed unchanged resulting from trading in 47 securities, up from 42 on Thursday.
The market closed following an exchange of 10,277,494 shares for $13,353,151, compared with 19,637,979 stock units trading at $12,246,626 on Thursday.
Trading ended with an average of 218,670 shares at $284,110, after a fall from 467,571 stock units at $291,586 on Thursday. Trading ends with an average of 556,016 units at $512,278 for the month to date, down from 581,263 stock units at $529,354 on the previous day and higher than for April, with an average of 504,653 shares at $502,169.
Kintyre Holdings led trading with 3.88 million shares for 37.8 percent of total volume, followed by Future Energy with 1.13 million units for 11 percent of the day’s trade and Dolla Financial with 907,970 stocks for 8.8 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 12. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, AMG Packaging fell 37 cents to finish at a 52 weeks low of $1.62 following trading of 286,249 shares, CAC 2000 skidded 6 cents and ended at $1.62 with 54 stocks passing through the market, Cargo Handlers gained $1.95 to $16.95 in an exchange of 385 units. Caribbean Assurance Brokers popped 19 cents to $1.45 with investors dealing in 6,909 shares, Caribbean Flavours fell 10 cents to $1.18 with 453,798 stock units crossing the exchange, Dolla Financial climbed 5 cents in closing at $2.43 with investors swapping 907,970 shares. Fontana increased 45 cents to $7 after traders dealed in 81,233 units,
Future Energy rose 12 cents to finish at $3.71 as investors exchanged 1,128,010 stocks, Honey Bun shed 15 cents and ended at $5.95, after trading of 2,318 stock units. Jetcon Corporation advanced 15 cents to $3.15 after an exchange of94,564 shares, Mailpac Group rallied 6 cents to end at $2.58 with a transfer of 2,003 stock units, Main Event dropped 39 cents to $5.41 after753 units changed hands. Medical Disposables sank 18 cents to $1.02 with 52,224 stocks crossing the market and MFS Capital Partners rose 7 cents in closing at 51 cents in an exchange of 211,867 shares.
The last traded price of securities is for the last transaction unless otherwise stated.