Trading activity closed on the Junior Market of the Jamaica Stock Exchange on Friday, with prices of 16 rising, 14 declining and 11 closing unchanged and sending the market index sharply higher at the close. The market closed with activity in 41 securities, compared with 43 on Thursday, with the volume of stocks traded declining 28 percent, with a 52 percent lower value than on Thursday.
The market closed with trading of 22,203,329 shares for $24,288,171, declining from 30,983,056 units at $50,392,893 on Thursday.
Trading averaged 541,545 shares for $592,394, down from 720,536 stocks at $1,171,928 on Thursday. Trading month to date ended with an average of 1,681,918 units at $1,779,998, down from 1,739,007 stock units at $1,839,451 on the previous day, well above May, with an average of 644,187 shares at $540,889.
Kintyre Holdings led trading with 11.24 million shares for 50.6 percent of total volume, followed by Jamaican Teas, ending with 3.01 million stocks for 13.5 percent of the day’s trade, Dolla Financial closed with 2.58 million stocks for 11.6 percent of the volume traded and Fosrich with 1.13 million units for 5.1 percent of market share.
At the close of trading, the Junior Market Index jumped 53.39 points to end at 3,078.16. 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 12. 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, Access Financial rallied 72 cents to $17.69 in an exchange of just 32 shares, Blue Power shed 35 cents in closing at $3.37, with 58,221 stocks crossing the market, Cargo Handlers popped $2.60 to close at $18.75 with a transfer of 10 units. Caribbean Assurance Brokers declined 20 cents to finish at a 52 weeks low of $1.20 after an exchange of 102,841 shares, Everything Fresh fell 6 cents and ended at $2.10, with 220,414 stock units clearing the market, Fontana lost 23 cents to end at $6.60 with an exchange of 41,421 shares. Fosrich dropped 8 cents in closing at $1.60, after 1,130,165 units passed through the exchange, Future Energy climbed 17 cents to $3.70, with the trading of 654,310 stocks, Honey Bun increased 19 cents to end at $5.99 with investors trading 225 stock units.
Indies Pharma skidded 8 cents to finish at $2.70, with 27,500 shares changing hands, Jamaican Teas advanced 14 cents and ended at $2.29 as investors exchanged 3,006,495 stocks, JFP rose 5 cents to close at 40 cents in trading 859,668 units. Lasco Financial slipped 14 cents to $2 with 60,543 stock units crossing the market, Limners and Bards dipped 16 cents and ended at $1.01 with investors swapping 36,386 shares, Mailpac Group lost 46 cents to close at a 52 weeks low of $2.02 in an exchange of 19,705 stocks, Main Event slipped 9 cents in closing at $5.40, after trading of 8,077 units and Regency Petroleum gained 7 cents to finish at $4.47 after a transfer of 33,584 stock units.Closing stock prices are those of the last transaction.