Junior Market closes at new 5 years low


The Junior Market of the Jamaica Stock Exchange sank to a new 5 years low in trading on Wednesday, following a 14 percent fall in the volume of stocks traded, with a 17 percent higher value than Tuesday, following trading in 45 securities, up from 43 on Tuesday and ending, with prices of 15 rising, 18 declining and 12 closing unchanged.

The market closed with trading of 26,412,257 shares for $21,649,820, compared with 30,673,465 units at $18,460,010 on Tuesday.
Trading averaged 586,939 shares at $481,107 each, in contrast with 713,336 stock units at $429,303 on Tuesday. Trading for the month to date, averages 589,412 units at $546,395 after sliding from 589,618 stock units at $551,826 on the previous day and higher April, with an average of 504,653 shares at $502,169.
Kintyre Holdings led trading with 14.36 million shares for 54.4 percent of total volume, followed by Omni Industries with 4.11 million stocks for 15.5 percent of the day’s trade, Atlantic Hardware closed with 3.23 million stock units for 12.2 percent of the volume traded and Woodcats International with 1.27 million shares for 4.8 percent of market share.
At the close of trading, the Junior Market Index lost 30.68 points to close at 3,037.44. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.3. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of market, Access Financial lost 79 cents in closing at $16.97, with a mere 27 shares being traded, Atlantic Hardware slipped 9 cents to $1.75 after a transfer of 3,233,977 stock units, Blue Power declined by 54 cents in closing at $3.31 with investors swapping 2,000 shares. Cargo Handlers skidded $1.03 to close at $14.50 following an exchange of 4,165 units, Caribbean Cream fell 6 cents and ended at $1.60 with 12,839 stocks clearing the market, Dolla Financial rallied 8 cents to end at $2.46 after an exchange of 93,996 shares. Dolphin Cove rose 15 cents to $10.25 with investors dealing in 40,390 units, Elite Diagnostic shed 18 cents to end at $1.15 with 35,405 stocks crossing the exchange, Fontana climbed 59 cents to $7 with an exchange of 92,267 stock units. Indies Pharma increased 11 cents and ended at $2.79 as investors exchanged 5,043 shares, ISP Finance dropped $2.10 to finish at $10.37 with a transfer of 677 stocks, Jamaican Teas popped 8 cents to end at $2.30 with only 5 stock units passing through the market. Jetcon Corporation gained 19 cents to $2.88 with investors trading 36,625 stock units, Lasco Financial sank 5 cents to$1.60 with an exchange of 7,717 shares, Lumber Depot advanced 16 cents to $2.50 following trading of 9,992 units. Mailpac Group rose 18 cents to close at $2.59 with investors switching ownership of 3,646 stocks, Main Event advanced $1.68 to finish at $6.38 with investors trading 59,905 stock units, Medical Disposables dipped 5 cents and ended at $1.12 with 19,279 shares changing hands. Omni Industries declined 12 cents to $1.01 after an exchange of 4,107,012 stocks, Paramount Trading fell 9 cents in closing at 99 cents with 91,789 units crossing the market and Regency Petroleum skidded 10 cents to finish at $4.20 in an exchange of 65,485 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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