Junior Market closed down for a second day


Trading activity closed lower for a second day following the big trade to close out July on the Junior Market of the Jamaica Stock Exchange Tuesday, with a 10 percent rise in the volume of stocks traded, valued 20 percent lower than Monday, following trading in 43 securities compared with 45 on Monday and ending with prices of 17 rising, 14 declining and 12 closing unchanged.

The market closed with trading of 3,637,536 shares for $6,464,372 compared with 4,040,505 units at $8,093,170 on Monday.
Trading averaged 84,594 shares at $150,334, down marginally from 89,789 stock units at $179,848 on Monday. Trading for the month to date, averages 87,250 units at $165,427 compared to July with an average of 707,469 shares at $1,699,009.
JFP led trading with 510,876 shares for 14 percent of total volume, followed by Future Energy, with 316,364 units for 8.7 percent of the day’s trade and Fosrich with 316,046 stocks for 8.7 percent of the volume traded.
At the close of trading, the Junior Market Index rose 10.43 points to close at 3,472.68. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.7, based on the last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Atlantic Hardware popped 12 cents to 95 cents with 6,100 shares passing through the market, Blue Power fell 30 cents to finish at $4.60 with 4,910 stocks being traded, Caribbean Assurance rose 6 cents and ended at $2.14 with the trading of 146,055 shares. Consolidated Bakeries rose 10 cents in closing at $1.35 with investors trading 10,547 stock units, Express Catering rallied 6 cents to close at $2.75 with an exchange of 6,066 units, Fosrich increased 26 cents to end at $2.95 with traders clearing 316,046 stocks. GWest Corporation climbed 6 cents to 85 cents with investors trading 119,555 units, Honey Bun dipped 92 cents to finish at $7.05 with 18,866 shares crossing the market, Indies Pharma gained 5 cents and ended at $3.25 with a transfer of 34,713 stock units. Iron Rock Insurance rose 61 cents in closing at $4.61 after an exchange of 100,747 shares, ISP Finance lost $3 to end at $17 with a mere 54 units crossing the market, JFP dropped 7 cents to close at 47 cents after a transfer of 510,876 stocks. Knutsford Express advanced 42 cents to $14.42 and closed with 1,214 stock units crossing the market, Limners and Bards popped 5 cents and ended at $1.10 in trading 123 shares, Lumber Depot sank 5 cents to $2.85 with 5,363 stock units passing through the exchange. Medical Disposables gained 13 cents in closing at $1.63 after traders switched ownership of 123 stocks, Omni Industries declined 12 cents to finish at 78 cents as investors exchanged 279,557 units, Paramount Trading sank 5 cents to close at 75 cents, trading 101,467 stocks. Regency Petroleum slipped 24 cents to $3.96 in an exchange of 13,025 shares and Tropical Battery shed 13 cents to close at $1.80 with investors swapping 96,115 units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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