Junior Market drops on Thursday


Trading activity declined with a 79 percent in the volume of stocks traded, with an 86 percent lower value than on Wednesday as the Junior Market of the Jamaica Stock Exchange on Thursday, with trading in 42 securities down from 45 on Wednesday and ending with prices of 13 rising, 21 declining, with eight closing unchanged and resulted in the Junior Market Index declining 43.13 points to 3,474.71.

The market closed with trading of 4,735,370 shares for $6,394,360 compared with 22,755,488 units at $47,209,153 on Wednesday.
Trading averaged 112,747 shares at $152,247, down from 505,678 stocks at $1,049,092 on the prior day and April, with an average of 199,273 shares at $488,496.
Kintyre Holdings led trading with 1.54 million shares for 32.6 percent of the total volume, followed by Jamaican Teas with 524,003 units for 11.1 percent of the day’s trade and MFS Capital Partners with 467,831 stocks in controlling 9.9 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
To start the new month, Access Financial dipped 15 cents in closing at $17.40 in an exchange of just 35 shares, AMG Packaging climbed 34 cents to $2.65 with 22,864 stock units crossing the market, Blue Power sank 14 cents to finish at $4.75 after an exchange of 1,434 shares. CAC 2000 dipped 11 cents and ended at $2.29 following 525 stocks passing through the market. Caribbean Assurance Brokers fell 21 cents to close at $2.29 with an exchange of 7,630 units, ahead of the company releasing 2024 full year results showing a loss for the year. Consolidated Bakeries popped 19 cents to end at $1.89 with traders dealing in 1,736 shares. Dolphin Cove gained 76 cents in closing at $11.99 in an exchange of 24,269 units, following the release of 2024 full year results that showed reduced profit compared with 2023. Elite Diagnostic declined 12 cents to $1.38 with investors trading 5,822 stocks, Future Energy lost 6 cents to finish at $3.24 after an exchange of 394,061 stock units. GWest Corporation rose 10 cents and ended at 97 cents with 14,579 shares changing hands.  Image Plus rallied 5 cents to close at $1.08 with investors swapping 77,594 stock units, Indies Pharma slipped 35 cents to end at $3.70 in switching ownership of 59,486 units. ISP Finance increased 27 cents to end at $12.32 as investors exchanged 21 stocks, Jamaican Teas sank 9 cents to $2.45 and closed with 524,003 units changing hands, Knutsford Express shed 53 cents to end at $12.15 with investors dealing in 1,634 stocks. Lasco Financial advanced 6 cents to close at $1.80 after a transfer of 547 shares, Limners and Bards skidded 5 cents to finish at $1.20 with 205 stock units clearing the market, Mailpac Group sank 35 cents and ended at $2.35 with an exchange of 45,384 shares, prior to release of slightly lower full year audited results. Regency Petroleum skidded 15 cents to $3.65, with 48,450 stocks crossing the market after hitting a 52 weeks’ intraday high of $3.99 and Tropical Battery popped 6 cents to end at $2.10 with a transfer of 25,267 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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