Junior Market breaks 3 days losing streak


After three consecutive days of declines the Junior Market of the Jamaica Stock Exchange broke the string of losses in trading on Thursday pushing the Junior Market Index up by almost 11 points after an exchange of 46 securities up from with 38 on Wednesday, ending with prices of 15 rising, 14 declining and 17 closing unchanged, with regency Petroleum closing at a 52 week high while Stationery and Office Supplies traded at an intraday 52 week low of $1.06, on a day with the volume of stocks traded, rising 29 percent, with 42 percent more value than Wednesday.

The market closed with trading of 4,299,953 shares for $8,479,228, moderately above 3,323,810 units at $5,956,247 on Wednesday.
Trading averaged 93,477 shares at $184,331, from 87,469 stocks at $156,743 on Wednesday, with trading for the month to date, ending with an average of 208,681 units at $248,303, down from 252,119 stock units at $272,424 on the previous day and May with an average of 419,466 shares at $701,563.
Jamaican Teas led trading with 818,154 shares for 19 percent of total volume, followed by RA Williams, with 510,000 units for 11.9 percent of the day’s trade and MFS Capital Partners with 455,069 stocks for 10.6 percent of the total volume traded.
At the close of trading, the Junior Market Index rose 10.94 points to 3,464.37. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.2, based on last traded prices along with earnings that are projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial rallied 71 cents to finish at $16 with traders exchanging 889 shares, AMG Packaging sank 30 cents and ended at $2.10 with 82,170 stocks crossing the market, CAC 2000 dipped 22 cents to $1.98 with investors trading 69 shares. Caribbean Assurance Brokers rose 13 cents in closing at $2.15 as 1,720 units crossed the exchange, Caribbean Flavours climbed 23 cents to end at $1.62 in trading 183 stocks, Consolidated Bakeries lost 9 cents to close at $1.36 with 8,001 shares changing hands. Dolphin Cove skidded 51 cents to $14 with investors swapping 25,839 stocks, Elite Diagnostic sank 25 cents and ended at $1.17 with 5 units crossing the market, Indies Pharma popped 6 cents to end at $3.70 with investors trading 4,370 stock units. Iron Rock Insurance gained 45 cents in closing at $4.20, with 295,911 shares being traded, Jetcon Corporation increased 8 cents to finish at $1.17 as investors exchanged 87,050 units, KLE Group slipped 11 cents to close at 97 cents after a transfer of 200 stocks. Knutsford Express fell 51 cents to $12.99 with traders dealing in 1,011 stock units, Limners and Bards declined 8 cents and ended at $1.08 after an exchange of 188,598 shares, Medical Disposables advanced 23 cents to end at $1.58 with a transfer of 73,100 stock units. ONE on ONE Educational popped 9 cents in closing at 96 cents with traders clearing the market of 8,377 units, RA Williams shed 5 cents to close at 49 cents with an exchange of 510,000 stocks, Regency Petroleum climbed 44 cents to finish at a 52 week high of $4 as 26,603 shares passed through the market and Tropical Battery dipped 5 cents to $2.15 in an exchange of 40,402 stock units.

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

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