Trading activity closed on the Junior Market of the Jamaica Stock Exchange on Wednesday, with a 56 percent decline in the volume of stocks traded, leading to a sharp fall in market value and an 8 percent lower value than Tuesday, following trading in 40 securities compared with 41 on Tuesday and ending with prices of 11 rising, 23 declining and six ending unchanged.
The market closed with trading of 7,252,413 shares for $39,999,213, well below the 16,305,661 units at $43,278,471 on Tuesday.
Trading averaged 181,310 shares at $999,980, down from 397,699 units at $1,055,572 on Tuesday, compared with an average for September of 154,641 shares at $329,246.
Access Financial led trading with 1.70 million shares for 23.4 percent of total volume, followed by Lumber Depot, with 1.14 million stock units for 15.8 percent of the day’s trade and Kintyre Holdings with 942,862 stocks for 13 percent of the volume traded.
At the close of trading, the Junior Market Index sank 67.36 points to settle at 3,361.49. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, Access Financial dropped 94 cents to $17.01 with 1,696,112 shares crossing the market, Blue Power dropped 10 cents and ended at a 52 weeks low of $3.40 with investors trading 36,025 units, Cargo Handlers declined by $1.97 to close at $11.03 after trading 2,476 shares. Caribbean Assurance Brokers skidded 10 cents to end at $2 with an exchange of 1,901 units, Derrimon Trading lost 8 cents in closing at $1.80 with investors passing 201,369 stocks through the market, Express Catering climbed 16 cents to close at $2.80 with investors dealing in 831,753 units. Fontana declined 5 cents to $8.95, with an exchange of 10,668 stocks, Future Energy sank 29 cents and ended at $3.01 after a transfer of 814,754 shares, Honey Bun slipped 65 cents to finish at $7.02 with traders dealing in 3,381 stock units. ISP Finance shed $1.70 in closing at $11.50 with 769 shares crossing the market, Jamaican Teas dipped 7 cents to end at $2.34 with a transfer of 4,250 units, Knutsford Express rose 45 cents to close at $15 after an exchange of 24 stocks. Lumber Depot advanced 7 cents to $2.65 with investors trading 1,143,050 stock units, Mailpac Group sank 15 cents and ended at $2.40 with traders switching ownership of 658,820 shares, Main Event popped 50 cents in closing at $7, after trading at a 52 weeks intraday low of $6.45, ending with trading of 5,833 stock units. Medical Disposables rallied 11 cents to end at $1.80 in an exchange of 556 units, Omni Industries fell 9 cents to finish at 75 cents with 126,689 stocks clearing the market, Paramount Trading sank 9 cents to close at 68 cents in trading 102,014 shares and Stationery and Office Supplies declined 5 cents to $1.81 with 17,946 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.