Junior Market bounce

Junior Market of the Jamaica Stock Exchange activity closed on Thursday, with a 78 percent decline in the volume of stocks traded, with an 85 percent lower value than Wednesday with trading in 40 securities compared with 42 on Wednesday and ending with prices of 19 rising, 13 declining and eight closing unchanged.
Trading ended with 11,052,377 shares for $16,339,934 down sharply from 50,366,450 stocks at $107,450,383 on Wednesday.
Trading averaged 276,309 shares at $408,498 compared with 1,199,201 units at $2,558,342 on Wednesday with the month to date, averaging 672,221 units at $1,425,403 versus 705,773 stocks at $1,511,581 on the previous day and April with an average of 204,118 units at $439,599.
ONE on ONE Educational led trading with 4.04 million shares for 36.5 percent of total volume followed by One Great Studio with 1.31 million stocks for 11.9 percent of the day’s trade and Fosrich with 1.15 million units for 10.4 percent of trading.
At the close of trading, the Junior Market Index climbed 19.46 points to conclude trading at 3,664.64.
The Junior Market ended trading with an average PE Ratio of 11.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial declined $1.82 in closing at a 52 weeks’ low of $18 after an exchange of 5,500 stocks, AMG Packaging sank 41 cents to $2.89 with 5,000 units crossing the market, Blue Power increased 65 cents to finish at $3.60 in an exchange of 32,404 shares. CAC 2000 climbed 13 cents and ended at $3.84 with traders dealing in 83,249 stock units, Cargo Handlers rose 18 cents to close at $12.18 after an exchange of 2,453 shares, Caribbean Assurance Brokers slipped 48 cents to end at $2.72 in trading 3,709 stocks. Caribbean Cream rallied 26 cents in closing at $4.20 after a transfer of 2,000 units, Derrimon Trading popped 18 cents to $2.05 with 490,571 stock units clearing the market, Dolla Financial fell 9 cents and ended at $2.65 with an exchange of 77,458 shares. Everything Fresh dipped 15 cents to end at $1.70 after 160,656 stocks crossed the market, Fontana lost 20 cents to finish at $8.30 with a transfer of 56,095 units, Honey Bun advanced 64 cents to close at $7.90, with 17,713 stock units changing hands. Indies Pharma gained 32 cents to $2.69 after 5,422 shares passed through the market, Lasco Financial dropped 19 cents to end at $1.50 in switching ownership of 138,593 units, Lumber Depot shed 14 cents in closing at $2.50 with 213,320 stocks crossing the exchange. Medical Disposables popped 28 cents and ended at $2.28 after investors ended trading 745 stock units, MFS Capital Partners advanced 7 cents to close at $1.46 in an exchange of 644,161 shares, Paramount Trading rose 12 cents to finish at $1.29 with investors swapping 15,222 stock units. Spur Tree Spices skidded 9 cents to $2.20 and closed with an exchange of 284,615 units and Tropical Battery rallied 12 cents to end at $2.40 as investors exchanged 564,469 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.