Sharp fall in the prices of Access Financial with 129 shares trading and Cargo Handlers following just 5 units changing hands, doomed the Junior Market of the Jamaica Stock Exchange to a sizable fall on Tuesday, with a modest drop in the volume of stocks traded, with a modest rise in value compared to Monday, with trading in 45 securities down from 48 on Monday and ending with prices of 14 rising, 20 declining and 11 closing firm.
The market closed with trading of 6,227,341 shares for $12,307,314 compared with 6,712,166 units at $11,716,333 on Monday. Trading ended with an average of 138,385 shares at $273,496 compared with 139,837 stock units at $244,090 on Monday with the month to date averaging 317,712 units at $798,261 down from 328,486 stock units at $829,789 on the previous day and much higher than October with an average of 196,034 shares at $399,810.
Mailpac Group led trading with 1.38 million shares for 22.1 percent of total volume followed by Fosrich with 1.05 million units for 16.8 percent of the day’s trade and RA Williams with 579,698 stock units for 9.3 percent market share.
At the close of trading, the Junior Market Index lost 38.25 points, just over one percent to close at 3,626.89. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.At the close, Access Financial lost $2.34 to finish at $17.56 in trading a mere 129 stocks, AMG Packaging shed 10 cents and ended at $2.97, with 105,809 units crossing the exchange, Blue Power declined 19 cents to $4.20 with traders dealing in 2,187 shares. Cargo Handlers sank $1.40 to end at $11 as a mere 5 stock units passed through the market, Caribbean Flavours fell 5 cents to $1.25 in an exchange of 20 shares, Consolidated Bakeries sank 25 cents to close at $1.95 with investors trading 1,275 stock units. Dolla Financial popped 5 cents to $3.03 after an exchange of 482,093 units, Dolphin Cove dipped 23 cents to end at $19.53 with a transfer of 9,235 stocks, Elite Diagnostic rallied 24 cents in closing at $2.05 with 5,301 shares changing hands. Fontana rose 13 cents and ended at $8.18 with investors dealing in 4,915 stock units, Image Plus climbed 10 cents to finish at $1.58 after an exchange of 56,765 units, Indies Pharma increased 5 cents to close at $3.05 with investors swapping 4,142 stocks.
Jamaican Teas fell 5 cents to $2.10 in an exchange of 25,202 shares, KLE Group gained 8 cents in closing at $1.40 with 2,899 stock units clearing the market, Knutsford Express advanced 6 cents to close at $12.60 after a transfer of 25,127 units. Lumber Depot slipped 10 cents to $2.55 as investors exchanged 61,702 stocks, Mailpac Group dropped 5 cents and ended at $2.25 with 1,378,670 shares crossing the market, Medical Disposables popped 18 cents to finish at $1.88 with an exchange of just 23 units. ONE on ONE Educational shed 5 cents and ended at 94 cents with 211,045 stocks crossing the market, Regency Petroleum increased 5 cents to $3.05 with investors trading 399,228 stock units, Spur Tree Spices fell 7 cents to end at $1.88 in switching ownership of 27,596 shares and Stationery and Office Supplies sank 8 cents in closing at $1.50 after trading of 58,020 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.