A huge block of shares in Dolla Financial passed through the Junior Market of the Jamaica Stock Exchange on Thursday, with Dequity offloading its remaining holdings in Dolla Financial. The trade pushed the number of shares traded to 515,750,593 shares worth $985,064,559, after surging from 26,710,021 units at $39,023,256 on Wednesday.
Trading averaged 11,721,604 shares valued for $22,387,83, compared to 621,163 stock units at $907,518 on Wednesday. Trading for the month to date averages 2,404,953 units at $3,271,266, sliding from 1,199,268 units at $797,358 on the preceding day and May, with an average of 644,187 shares at $540,889.
Trading ended with an exchange of 44 securities, compared to 43 on Wednesday and ending, with prices of 19 rising, 18 declining and seven closing unchanged.
Dolla Financial led trading with 487.68 million shares with a value of $964 million for 94.6 percent of total volume, followed by Kintyre Holdings with 16.62 million stocks for 3.2 percent of the day’s trade, AMG Packaging closed with 4.90 million shares for one percent of the volume traded and Limners and Bards with 1.62 million units for 0.3 percent of market share.
At the close of trading, the Junior Market Index declined 35.90 points to end at a lowest level since March 2021 of 2,952.02, with a fall of 13.2 percent for the year to date. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.1. 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 the day’s trading, AMG Packaging rose 40 cents to $2 with an exchange of 4,902,924 shares, Atlantic Hardware lost 9 cents to end at $1.60 with 748,304 stock units clearing the market, Blue Power dipped 62 cents to $3.50 in an exchange of 19,170 shares. Cargo Handlers climbed by 20 cents to $16 with investors trading 33 stock units, Caribbean Assurance Brokers popped 13 cents to finish at $1.39 after an exchange of 50 stocks, Caribbean Cream fell 22 cents and ended at $1.33 in trading 2,344 shares. Dolla Financial gained 21 cents to $2.48 with 487,675,188 stocks crossing the exchange, Dolphin Cove skidded 29 cents to finish at $10.01 after trading of 41,531 units, Elite Diagnostic sank 16 cents and ended at $1.11 with a transfer of 5,625 stock units. Fosrich increased 9 cents to end at $1.77 with investors dealing in 367,234 shares, Future Energy slipped 14 cents to $3.35 with 166,342 units passing through the market, Honey Bun rallied 14 cents to close at $5.84 after a transfer of 5,748 stocks.
Image Plus advanced 8 cents to 79 cents with the trading of 2,521 stock units, Indies Pharma sank 30 cents to finish at $2.40 with 121,645 shares crossing the market, Jamaican Teas dropped 5 cents and ended at $2.10 with investors exchanging 395,152 stock units. Jetcon Corporation rose 12 cents to $2.74 with 388,599 units crossing the market, JFP rallied 5 cents in closing at 32 cents in an exchange of 14,312 stock units, Knutsford Express shed 80 cents to close at $8.10 with 2,766 shares changing hands. Limners and Bards declined 12 cents to $1.01 after an exchange of 1,620,137 stocks, Mailpac Group fell 5 cents to $2.45 after a transfer of 663 units, Main Event dipped 58 cents to $6 as investors exchanged 1,660 stock units. Medical Disposables increased 5 cents to $1after trading at an intraday 52 weeks low of 96 cents in switching ownership of 3,787 shares, Regency Petroleum popped 25 cents to finish at $4.50 as investors exchanged 92,977 stocks and Stationery and Office Supplies lost 9 cents and ended at $1.54 in trading 78,587 units.Prices of stocks trading are those of the last transaction unless otherwise stated.
