The Junior Market of the Jamaica Stock Exchange declined for a seventh consecutive days on Wednesday, helping to push the market value down by 11 percent for the year to date, following a 38 percent decline in the volume of stocks traded, with a 43 percent lower value than Tuesday, following trading in 40 securities compared with 42 on Tuesday and ending with prices of 12 rising, 17 declining and 11 closing unchanged.
The market closed with trading of 5,904,123 shares for $9,663,327, after sliding from 9,546,731 units worth $16,885,064 on Tuesday.
Trading averaged 147,603 shares at $241,583, down from 227,303 stocks at $402,025 on Tuesday. Trading for the month to date ended with an average of 90,315 units at $164,095, falling from 85,751 stock units at $157,920 on the previous day and August, which ended with an average of 236,241 shares at $494,923.
Kintyre Holdings led trading with 1.07 million shares for 18.1 percent of total volume, followed by RA Williams, with 854,898 stock units for 14.5 percent of the day’s trade and One Great Studio with 665,229 stocks for 11.3 percent of the volume traded.
At the close of trading, the Junior Market Index dropped 9.17 points to close at 3,323.16. The Investor’s Choice bid-offer indicator shows 11 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 12.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, Access Financial skidded 24 cents and ended at $17.50 with traders dealing in a mere 20 shares, Atlantic Hardware sank 8 cents to 91 cents with an exchange of 16,373 stocks, Cargo Handlers rose $1.18 to end at $13.35 following the trading of a mere 35 shares. Caribbean Assurance shed 29 cents in closing at $1.81 with a mere 7 units changing hands, Caribbean Cream fell 12 cents to finish at $2 as investors exchanged 1,657 stocks, Consolidated Bakeries fell 6 cents to close at $1.55 with traders passing 16,500 shares through the market. Dolphin Cove dropped 21 cents to $14.08 with investors trading 17,591 stocks, Fontana lost 8 cents to close at $8.92 with an exchange of 33,066 units, Future Energy slipped 15 cents to end at $2.90 after trading of 213,611 stock units. GWest Corporation popped 6 cents in closing at 78 cents with a transfer of 150 shares, Honey Bun gained 48 cents to finish at $7.78 with 3,637 stock units crossing the exchange, Image Plus rose 6 cents and ended at 96 cents with investors trading 65,021 units. Jamaican Teas rallied 9 cents to $2.26 in an exchange of 8,325 stocks, Jetcon Corporation sank 18 cents in closing at $1.70 with investors dealing in 3,986 shares, Limners and Bards dipped 9 cents to finish at 90 cents with 385,999 stocks crossing the market. Regency Petroleum increased by 6 cents and ended at $4.36, with investors swapping 533,755 units and Spur Tree Spices advanced 9 cents to end at $1.12 with 141,926 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
