Falling Junior Market stocks mauled risers


Falling prices dictated the direction of the Junior Market of the Jamaica Stock Exchange on Monday, following a 36 percent rise in the volume of stocks traded and an 82 percent increase in value compared to Friday, following trading in 46 securities, up from 43 and ending with prices of 14 rising, 25 declining and seven closing unchanged.

Future Energy and Limners and Bards traded at 52 week intraday lows. Spur Tree closed at a 52 week low of 88 cents after trading as low as 65 cents during the day.
The market concluded trading of 4,058,152 shares for $8,424,375, up from 2,976,389 stock units at $4,627,108 on Friday.
Trading averaged 88,221 shares at $183,139 compared with 69,218 stocks at $107,607 on Friday, with the month to date, averaging 745,393 units at $1,776,844 compared to 783,951 stock units at $1,870,353 on the previous day and June with an average of 186,843 shares at $332,162.
Jamaican Teas led trading with 1.23 million shares for 30.4 percent of the total volume, followed by JFP, with 407,661 units for 10 percent of the day’s trade and Regency Petroleum with 380,039 stocks for 9.4 percent of the volume traded.
At the close of trading, the Junior Market Index declined 13.67 points to 3,395.20. The Investor’s Choice bid-offer indicator shows five stocks ending 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 13, 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 advanced 99 cents to close at $18 with investors dealing in 802 shares, Atlantic Hardware gained 6 cents and ended at 87 cents after exchanging 137,906 stocks, Cargo Handlers gained 54 cents in closing at $11.25 with a transfer of 817 shares. Caribbean Assurance Brokers popped 29 cents to end at $2 with 2,421 units crossing the market, Caribbean Cream shed 29 cents and ended at $2.10 in trading 3,349 stock units, Consolidated Bakeries sank 29 cents to finish at $1.20 with 871 shares crossing the exchange. Derrimon Trading increased 5 cents and ended at $1.90 with 4,721 stock units changing hands, Dolla Financial slipped 5 cents to $2.47 and closed with 80,105 stocks crossing the exchange, Dolphin Cove lost 44 cents to finish at $14 with 25,972 units crossing the market. Elite Diagnostic declined 6 cents to end at $1.55 in an exchange of 55 shares, Honey Bun climbed 42 cents in closing at $7.34 with investors swapping 4,450 units, JFP sank 8 cents to close at 46 cents with an exchange of 407,661 stocks. Knutsford Express skidded $1.13 to $12.27 in trading 29 stock units,  Mailpac Group rallied 9 cents to close at $2.45 with investors dealing in 739 shares, Main Event fell 16 cents in closing at $8.70 after a transfer of 6,889 stocks. MFS Capital Partners dipped 5 cents to finish at 35 cents with 107,253 units clearing the market, Omni Industries dropped 8 cents to 72 cents with traders switching ownership of 6,439 stock units, Paramount Trading fell 5 cents to end at 80 cents with investors trading 23,482 shares. Regency Petroleum skidded 23 cents to $3.75 with 380,039 units passing through the market, Stationery and Office Supplies lost 9 cents to end at $1.52 as investors exchanged 364,709 stocks and Tropical Battery sank 5 cents in closing at $1.95 in an exchange of 43,763 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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