Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with a 68 percent decline in the volume of stocks traded, following a 71 percent drop in value, with trading in 46 securities compared with 45 on Friday and ending with prices of 16 rising, 16 declining and 14 closing unchanged.
The main market closed with trading of 4,269,036 shares for $8,694,142 down from 13,178,824 units at $30,106,364 on Friday.
Trading averaged 92,805 shares at $189,003 compared to 292,863 units at $669,030 on Friday with a month to date average of 170,860 stock units at $394,395 compared to 175,359 stocks at $406,235 previously and December with an average of 466,866 units at $1,111,272.
One Great Studio led trading with 1.06 million shares for 24.8 percent of total volume followed by Dolla Financial with 548,477 units for 12.8 percent of the day’s trade and Jetcon Corporation with 301,021 units for 7.1 percent market share.
At the close of trading, the Junior Market Index dipped 24.13 points to wrap-up trading at 3,735.24.
The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial fell $3.60 and ended at $20.36 after an exchange of 5,776 stock units, Blue Power climbed 25 cents to $3.45 and closed with an exchange of 2,509 shares, Cargo Handlers skidded $2.87 to close at $12.03 after a transfer of 3,187 units. Caribbean Cream popped 10 cents in closing at $3.89, with 20 stocks crossing the exchange, Fontana sank 24 cents to end at $10.20 in switching ownership of 90,478 units, Future Energy dropped 8 cents in closing at $3.36, with 162,670 stocks clearing the market. Indies Pharma shed 21 cents to close at $2.69 in an exchange of 6,769 shares, Iron Rock Insurance rallied 9 cents to close at $2.51, with 30 stock units crossing the market, 
ISP Finance lost $1.99 and ended at $20.30 while exchanging 5,033 shares. KLE Group increased 21 cents to end at $2.46 in trading 21 stocks, Lasco Distributors declined 19 cents in closing at $3.80 after 29,816 units passed through the market, Limners and Bards rose 9 cents to $1.29, after trading at an intraday 52 weeks’ low of $1.13 with 115,607 stock units changing hands. Mailpac Group advanced 10 cents and ended at $2.38 as investors exchanged 219,323 shares, Main Event dipped $2 to end at $15 with a transfer of 16,479 stocks, Regency Petroleum gained 22 cents to close at $2.37 after exchanging 39,571 units and tTech popped 22 cents to $2.50 with investors dealing in 25,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market falls again on Monday
January 30, 2024 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolla Financial, Dolphin Cove, Edufocal, Elite Diagnostic, Emerging market stock, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, GWest, Honey Bun, ImagePlus, Indies Pharma, Iron Rock Insurance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, JFP Ltd, junior market, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Lumber Depot, Main Event, Medical Disposables, MFS Capital Partners, One Great Studio, Paramount Trading, Spur Tree Spices, Stationery and Office, Trading Activity, tTech
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