Falling stocks aplenty on Junior Market

The Junior Market of the Jamaica Stock Exchange gave back some of yesterday’s gains at the close of trading on Tuesday, with the Market Index sinking 11.80 points to 3,817.28 following an 80 percent drop in the volume of stocks traded, valued at 82 percent less than on Monday with trading in 47 securities compared with 48 on Monday and ending with prices of nine rising, 31 declining and seven closing unchanged.
Trading ended with an exchange of 8,654,611 shares with a value of $16,937,337 down from 43,827,524 units at $95,597,886 on Monday.
Trading averaged 184,141 shares at $360,369 compared with 913,073 stocks at $1,991,623 on Monday and an average of 419,421 units at $774,292 in September.
Jamaican Teas led trading with 1.75 million shares for 20.2 percent of total volume followed by Medical Disposables with 1.70 million units for 19.6 percent of the day’s trade and Fosrich with 726,555 stocks for 8.4 percent market share.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial slipped $3.19 and ended at $18.50 in an exchange of 3,867 stocks, Cargo Handlers increased 39 cents to $12.39, with 3,228 units clearing the market, Caribbean Assurance Brokers popped 9 cents to end at $3.49 in switching ownership of 15,225 shares. Derrimon Trading sank 13 cents in closing at $1.85 as investors exchanged 610,501 stock units, Dolla Financial dipped 10 cents to close at $3.40 with 144,734 shares crossing the market, Dolphin Cove lost 38 cents to finish at $22.40 with investors trading 3,637 units. Everything Fresh gained 22 cents to $2.40 after 277,140 stock units passed through the market, Express Catering dropped 8 cents to finish at $3.40 with traders dealing in 76,256 stock units, Fosrich shed 20 cents and ended at $2.15 in an exchange of 726,555 shares. Future Energy fell 31 cents to close at $3.92 with investors trading 208,608 stock units, GWest Corporation sank 8 cents to end at 91 cents with 2,865 units crossing the exchange, Image Plus declined 21 cents in closing at $1.69 with a transfer of 27,521 stocks. ISP Finance skidded $2.40 to $20 after an exchange of 10 units, KLE Group lost 6 cents to end at $1.02 with 199,419 stocks crossing the market, Knutsford Express declined 57 cents in closing at $11.43 with an exchange of 1,193 shares. Limners and Bards shed 6 cents to finish at $1.51 with 100 stock units changing hands, Mailpac Group dropped 30 cents and ended at $2.40 in trading 31,643 shares, Main Event rose 94 cents to close at $11.99 after a transfer of 980 stock units. Medical Disposables sank 12 cents to $1.79 in the trading of 1,698,718 units, One Great Studio slipped 7 cents in closing at 80 cents after an exchange of 25,118 stocks, Regency Petroleum rallied 10 cents and ended at $2.90 with investors dealing in 149,702 shares. Spur Tree Spices sank 9 cents to end at $1.95 after an exchange of 392,741 stocks and Stationery and Office Supplies dipped 12 cents to finish at $1.56 with investors swapping 96,441 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.