Increased trading led to declining stocks outnumbering winners 2 to 1 on the Junior Market of the Jamaica Stock Exchange on Wednesday, with trading in all 48 listed securities, up from 47 on Tuesday and ending, with prices of 13 rising, 24 declining and 11 closing unchanged. Fosrich, distributors of electrical products, was the major contributor to a 57 percent jump in the volume of stocks traded and the value surging 74 percent higher than Tuesday.
The market closed with trading of 20,780,796 shares at $30,614,536, up from 13,247,341 stock units at $17,559,717 on Tuesday.
Trading averaged 432,933 shares worth $637,803, up sharply from 281,858 stock units at $373,611 on Tuesday. Trading for the month to date, averages 431,700 stock units at $540,474, closely aligned with 431,621 stock units at $534,278 on the previous day and higher than for February, with an average of 301,118 shares at $408,514.
Fosrich led trading with 6.80 million shares for 32.7 percent of total volume, followed by another construction related company, Woodcats International which ended with 4.51 million stocks for 21.7 percent of the day’s trade, Indies Pharma closed with 2.50 million stock units for 12 percent of the volume traded, Kintyre Holdings, ended with 2.18 million shares for 10.5 percent of the total traded stocks, MFS Capital Partners, closed with 1.72 million stocks for 8.3 percent of the overall trade and JFP with 1.27 million stock units for 6.1 percent of market share.
At the close of trading, the Junior Market Index just slipped 0.49 points to finish at 3,306.28. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 14.2, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their fiscal year ending around August 2026.
At the close of the market, Access Financial climbed $1.48 to finish at $17.58 as investors exchanged 2,392 shares, AMG Packaging rose 9 cents and ended at $2.21 with a transfer of 100 stocks, Blue Power fell 40 cents to $3.70 with 1,127 units crossing the exchange. CAC 2000 skidded 28 cents to end at $1.61 with investors trading 19,474 shares, Cargo Handlers sank $2.64 in closing at $16.10 after an exchange of 5,471 stock units, Caribbean Flavours declined 6 cents to close at $1.59 with investors trading 2,101 shares. Dolphin Cove popped 38 cents to $10.93 in switching ownership of 3,923 stock units, Express Catering shed 5 cents to end at $2.35 with investors swapping 11,143 stocks, Fosrich lost 5 cents in closing at $2 with 6,804,237 units crossing the market.
Future Energy advanced 9 cents and ended at $3.65, after trading of 195,498 stocks, GWest Corporation rose 6 cents to finish at 66 cents with investors dealing in 2,283 units, Indies Pharma dipped 9 cents to close at $2.87 with 2,500,866 shares crossing the market. Jamaican Teas sank 5 cents to $2.20 in an exchange of 14,074 stock units, Jetcon Corporation dropped 6 cents and ended at $2.84 with 4,849 shares passing through the market, JFP slipped 5 cents to close at a record low of 36 cents with traders dealing in 1,269,117 stocks. Knutsford Express fell 50 cents to end at $9.50 with 1,011 units clearing the market, Lasco Financial rallied 14 cents in closing at $1.65 after an exchange of 15,580 stock units, Limners and Bards gained 5 cents to finish at 90 cents after a transfer of 37,475 shares. Main Event dipped 30 cents to $6.44 with 4,101 stocks changing hands, Regency Petroleum rose 5 cents to end at $4.56 in an exchange of 21,700 units and Woodcats International lost 5 cents in closing at 85 cents after the trading of 4,508,995 stock units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.