Trading activity closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with an 80 percent drop in the volume of stocks traded, with an 87 percent dive in value, with no stock filling the gap left by Dolla Financial that controlled 90 percent of trading on Monday, with trading ending with activities in 45 securities, down from 47 on Monday and ending with prices of 15 rising, 22 declining and eight closing unchanged.
The market closed with trading of 17,176,586 shares for $36,066,791 down sharply from 85,703,591 units at $267,676,941 on Monday.
Trading averaged 381,702 shares at $801,484 compared to 1,823,481 stocks at $5,695,254 on Monday with trading for the month to date, averaging 402,741 stock units for $1,062,410 compared with 405,865 stock units at $1,101,161 on the previous day and October that ended with an average of 196,034 shares at $399,810.
Stationery and Office Supplies led trading with 8.07 million shares for 47 percent of total volume followed by Dolla Financial with 5.31 million stock units for 30.9 percent of the day’s trade and Jamaican Teas with 1.03 million units for 6 percent of the day’s trade.
At the close of trading, the Junior Market Index skidded 27.66 points to conclude trading at 3,697.98. The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial sank 68 cents to close at $19.51 with trading in just one stock, Blue Power dipped 26 cents to $4.13 after 2,000 units changed hands, CAC 2000 fell 40 cents and ended at $2.30 with 30,546 shares passing through the market. Caribbean Assurance Brokers slipped 55 cents to end at $2.95 with investors swapping a mere 32 stock units, Caribbean Cream increased 12 cents to close at $3.29 with an exchange of 10,671 shares, Consolidated Bakeries sank 10 cents to finish at $2.10 with 30,594 stocks crossing the market. Derrimon Trading climbed 9 cents and ended at $2.04 as investors exchanged 145,219 units, Dolla Financial declined 32 cents to $3 with 5,311,498 stock units switching owners, Dolphin Cove shed 48 cents to close at $20 as 43,020 shares crossed the exchange. Fontana dropped 8 cents to finish at $7.95 with investors trading 9,614 stock units, Honey Bun popped 20 cents in closing at $8.70 in an exchange of 22,610 units, Indies Pharma rallied 8 cents to end at $3.03 with 800 stocks changing hands. Lasco Financial lost 11 cents to $1.76 as 75 shares were traded, Limners and Bards skidded 8 cents to finish at $1.28 after a transfer of 6,250 units, Lumber Depot rose 9 cents and ended at $2.77 with investors dealing in 56,100 stocks. MFS Capital Partners advanced 8 cents in closing at 68 cents with a transfer of a mere 10 stock units and Stationery and Office Supplies sank 8 cents to close at $1.60 while 8,068,243 shares crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.