Junior Market drop

Trading activity closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with a 19 percent decline in the volume of stocks traded, with a 38 percent lower value than Monday with trading in 42 securities compared with 42 on Monday and ending with prices of 13 rising, 21 declining and eight closing unchanged. The market closed with Knutsford Express trading at an intraday 52 weeks’ low of $8, and MFS Partners and Edufocal ending at a 52 weeks’ low of 60 cents and 37 cents respectively.
The market closed on Tuesday with an exchange of 8,181,403 stock units at $13,963,946 compared to 10,085,530 units at $22,474,177 on Monday.
Trading averaged 194,795 shares at $332,475 compared with 240,132 units at $535,099 on Monday with the month to date, averaging 359,618 units at $741,756 compared with 368,304 stock units at $763,324 on the previous day and June with an average of 318,732 units at $696,979.
Derrimon Trading led trading with 2.05 million shares for 25 percent of total volume followed by EduFocal with 1.82 million stocks for 22.2 percent of the day’s trade and Jamaican Teas with 1.25 million units for 15.2 percent of the day’s trade.
At the close of trading, the Junior Market Index dropped 39.66 points to end at 3,692.00.
The Junior Market ended trading with an average PE Ratio of 12.4, 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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial slipped 51 cents to finish at $18.51, with 449 stocks crossing the market, AMG Packaging lost 5 cents to end at $2.85 after an exchange of 42,000 units, Blue Power popped 15 cents to end at $4.45 in trading 1,806 shares. Cargo Handlers fell 77 cents to $11.23 after an exchange of 4,300 stock units, Caribbean Assurance Brokers sank 29 cents and ended at $3.45 after 10,466 shares passed through the market, Caribbean Cream skidded 40 cents to close at $3.05 after a transfer of 5,375 units. Dolla Financial sank 9 cents to $2.71 with traders dealing in 108,936 stocks, Dolphin Cove dropped $1 to end at $22 in an exchange of 4,505 stock units, Express Catering shed 59 cents in closing at $3.43 with investors dealing in 30,001 shares. Future Energy rallied 22 cents to close at $3.46 with a transfer of 92,737 units, Honey Bun fell 10 cents and ended at $8.50 in closing, with an exchange of 14,818 stocks, Image Plus dipped 11 cents to finish at $1.71 with an exchange of 38,471 stocks. Indies Pharma rose 10 cents to $2.52 with 210,995 shares clearing the market, Iron Rock Insurance fell 40 cents to $2.60 in switching ownership of 9,673 stocks, Jamaican Teas climbed 5 cents and ended at $2.50, with 1,246,111 units crossing the exchange. Knutsford Express dipped 10 cents to end at $10.80 with investors trading 9,548 stock units, Main Event sank 94 cents in closing at $11.06 after 13,602 shares crossed the market, MFS Capital Partners shed 24 cents to close at a 52 weeks’ low of 60 cents as investors exchanged 470,845 units and Tropical Battery increased 5 cents to $2.15, with 24,171 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.