Junior Market drops to lowest in over 5 years


Trading activity closed on the Junior Market of the Jamaica Stock Exchange on Tuesday, with a 21 percent decline in the volume of stocks traded, at a 34 percent lower value than Monday, following trading in 45 securities, compared with 44 on Monday and ending, with prices of 18 rising, 15 declining and 12 closing unchanged, on a day when five stocks traded at 52 weeks low.

The market closed with trading in 22,594,459 shares at $16,078,243, well off from 28,777,773 units at $24,506,811 on Monday.
Trading averaged 502,099 shares at $357,294, compared to 654,040 stocks worth $556,973 on Monday. Trading month to date ended with an average of 2,463,466 units at $2,624,773 compared to 2,651,657 stock units at $2,842,335 on the preceding day and May, with an average of 644,187 stock units at $540,889.
Kintyre Holdings led trading with 13.29 million shares for 58.8 percent of total volume, followed by Fosrich, with 5.11 million stocks for 22.6 percent of the day’s trade and Stationery and Office Supplies with 1.20 million units for 5.3 percent of the day’s trade.
At the close of trading, the Junior Market Index dipped 20.93 points to end trading at 2,920.13. Stocks traded at 52 weeks lows, are Dolphin Cove at $9.50, ISP Finance down to $8.50, JFP at a close of 25 cents, Kintyre Holdings at an intraday low of 10 cents and Knutsford Express at $6.80.
The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.8. 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, AMG Packaging rallied 12 cents in closing at $1.93 in trading 3,885 shares, Atlantic Hardware rose by 5 cents to close at $1.55 after an exchange of 3,887 units, Blue Power declined 5 cents to end at $3.80 with trading of 569 shares. Caribbean Assurance Brokers rallied 10 cents to end at $1.40, with trading of 1,000 stock units, Caribbean Cream popped 25 cents to close at $1.50 after a transfer of 59 stocks, Dolla Financial shed 7 cents to finish at $2.40 as investors exchanged 956,625 units. Everything Fresh dropped 6 cents and ended at $2.10 after 11,000 shares changed hands, Fontana climbed 10 cents to $6.70 in an exchange of 19,054 stock units, Fosrich lost 10 cents to finish at $1.50 with investors swapping 5,108,545 stocks. Honey Bun increased 11 cents in closing at $5.88 with a transfer of 23,843 shares, Image Plus slipped 6 cents to end at 73 cents after trading of 144,430 stock units, Indies Pharma advanced 10 cents to close at $2.70, after 4,430 units passed through the market. JFP fell 5 cents to 25 cents in switching ownership of 90,267 stocks, Knutsford Express dipped $1.20 to finish at a 52 weeks low of $6, with 1,160 shares clearing the market, Lasco Financial skidded 20 cents and ended at $1.80 after an exchange of 58,693 stocks. Limners and Bards popped 15 cents to end at $1.15 with investors dealing in 24,484 units, Mailpac Group increased 15 cents in closing at $2.45, with 52,747 stock units crossing the market, Main Event climbed 64 cents to close at $5.84 with an exchange of 3,649 shares and Medical Disposables rose 5 cents to $1 with 158,000 stock units crossing the market.

Prices of stocks trading are those for the last transaction unless otherwise stated.

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