Junior Market fell 8 out of 9 days in July


The Junior Market of the Jamaica Stock Exchange Index declined all week and is down for the eight trading days out of nine for the month to date to the close on the market on Friday, following trading in 41 securities compared with 43 on Thursday and ending with prices of 16 rising, 15 declining and 10 closing unchanged. Mailpac ended trading with 2.94 million shares for about 50 percent of all stocks traded. The volume of stocks traded increased by 29 percent as the value jumped 66 percent over Thursday.

The market closed with trading of 5,915,476 shares for $13,767,043, up from 4,598,787 stock units at $8,318,202 on Thursday.
Trading averaged 144,280 shares at $335,782, up from 106,949 stocks at $193,447 on Thursday, with the month to date, averaging 1,204,337 units at $756,913, down from 1,335,247 units at $808,920 on the previous day and well above June with an average of 186,843 shares at $332,162.
Mailpac Group led trading with 2.94 million shares for 49.7 percent of total volume, followed by MFS Capital Partners, with 712,006 units for 12 percent of the day’s trade and Derrimon Trading with 357,372 stocks for 6 percent of the volume traded.
At the close of trading, the Junior Market Index fell 6.73 points to 3,403.06. The Investor’s Choice bid-offer indicator shows five stocks ending trading 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 14.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial increased $2 to end at $19.20 with investors trading just 317 shares, Blue Power climbed 9 cents to $4.84 with investors swapping 2,860 stock units, Cargo Handlers popped 5 cents and ended at $9.75 with 10,020 shares passing through the market. Caribbean Assurance Brokers sank 9 cents in closing at $1.99 in trading 360 stocks, Caribbean Flavours fell 17 cents to close at $1.30 with 25,000 units changing hands, Consolidated Bakeries dropped 8 cents to finish at $1.57 following trading of 500 stocks. Dolphin Cove rallied 18 cents and ended at $14.35 as investors exchanged 24,522 shares, Elite Diagnostic sank 11 cents to $1.51 with traders swapping 1,050 stocks, Fontana rose 17 cents to close at $9.03 with investors dealing in 20,566 units. Honey Bun gained 50 cents to finish at $8 in an exchange of 348,273 shares, Iron Rock Insurance skidded 60 cents to end at $4.90 with investors trading 2,582 units, ISP Finance climbed $1.02 to close at $14.90, with only 6 stocks traded. Jamaican Teas lost 12 cents to end at $2.17 with a transfer of 62,500 stock units, Jetcon Corporation dipped 14 cents in closing at $2.11 after traders exchanged 106,971 shares, Knutsford Express slipped 71 cents to close at $12.50 with investors trading 1,304 units. Lasco Financial rose 7 cents and ended at $1.85 in an exchange of 1,256 stocks, Mailpac Group declined 7 cents to end at $2.36 with traders dealing in 2,942,333 stock units, RA Williams shed 5 cents to finish at 45 cents as 150,000 shares crossed the exchange and Tropical Battery sank 16 cents and ended at $1.89 after a transfer of 219,855 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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