Junior Market drops 4% in April


Declining stocks weighed down the Junior Market of the Jamaica Stock Exchange on Tuesday, with a moderate fall that added to losses previously, resulting in a fall of 143 points since the end of March or almost 4 percent. Trading ended with 42 securities changing hands, slightly ahead of the 43 on Monday, ending with prices of 17 rising, 14 declining and 11 closing unchanged.

The market closed with trading of 7,248,907 shares, at 50 percent less than the 14,579,915 units on Monday, with the value falling 51 percent to $7,585,733, from at $15,466,817 on Monday.
Trading averaged 172,593 shares at $180,613, after falling from 339,068 stock units at $359,693 on Monday, with an average of 293,084 units at $274,326 for the month to date, with a fall from 308,998 stock units at $286,703 on the previous day and March, with an average of 410,874 shares at $527,130.
Kintyre Holdings led trading with 2.80 million shares for 38.6 percent of total volume, followed by Woodcats International, with 1.36 million units for 18.8 percent of the day’s trade and Jetcon Corporation with 507,661 stocks for 7 percent of the volume traded.
At the close of trading, the Junior Market Index sank 15.12 points to close at 3,265.93, down 4 percent for the year to date. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 15.9. The PE ratio is derived at by dividing the last traded stock price by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their fiscal year ending around August 2026.
At the close of trading, Blue Power dipped 7 cents in closing at $3.90 with 638 shares crossing the market, Caribbean Cream popped 8 cents to $1.60 as investors exchanged 452 units, Derrimon Trading advanced 5 cents to finish at $1.70 after investors swapped 52,417 shares. Dolla Financial rose 18 cents and ended at $2.43 after a transfer of 24,715 stocks, Dolphin Cove climbed 46 cents to close at $10.51 with investors exchanging 19,243 stock units, Everything Fresh increased 20 cents to end at $2.30 with 122 shares passing through the market. Fontana lost 16 cents in closing at $7.40 in an exchange of 52,430 stock units, Fosrich skidded 5 cents to $2.01 with 105,785 units crossing the market, Future Energy gained 20 cents to finish at $3.50 after trading of 73,927 stocks. GWest Corporation rallied 6 cents and ended at 70 cents with a transfer of 12,495 units, Honey Bun increased 12 cents to close at $6.48 with 45 stocks clearing the market, Jamaican Teas sank 26 cents to end at $2.32 with traders dealing in 3,835 shares. Knutsford Express declined 36 cents to $9 in an exchange of 429 stock units, Lumber Depot popped 26 cents to end at $2.61, with investors trading 74,249 shares, Omni Industries fell 8 cents in closing at 90 cents, with 156,691 stocks crossing the exchange and Regency Petroleum advanced 10 cents to finish at $4.20, following trading of 64,293 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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