Junior Market just holds gains 


Trading closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with a second day of decline following the run up ahead of the January close and ending with the market index closing marginally above the 2024 close after an 88 percent jump in the volume of stocks traded, valued at 156 percent more than Monday from trading in 43 securities compared with 44 on Monday and ending with prices of 13 rising, 20 declining and 10 closing unchanged with Tropical Battery closing at a 52 weeks’ high and One Great Studio at a 52 weeks’ low.

The market closed with trading of 5,623,176 shares valued at $13,644,131 up from 2,983,475 units at $5,327,523 on Monday. The day’s trading ended with an average of 130,772 shares at $317,305 up from 67,806 stocks at $121,080 on Monday with a month to date average of 98,927 stock units at $218,065 compared to January with an average of 350,850 shares at $615,775.
Jamaican Teas led trading with 1.62 million shares for 28.8 percent of total volume followed by Dolla Financial which ended with 671,762 stock units for 11.9 percent of the day’s trade and Lumber Depot with 601,830 stocks for 10.7 percent of the volume traded.
At the close of trading, the Junior Market Index fell 36.58 points to wrap up trading at 3,739.20, just 0.1 percent ahead of the 2024 close. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and five with lower offers.
The market ended trading with an average PE Ratio of 13.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of a low keyed trading day, Access Financial skidded 95 cents to finish at $17.05 with traders dealing in just 331 stocks, Blue Power sank 7 cents and ended at $5.55 in an exchange of 1,106 units, CAC 2000 shed 50 cents to end at $2.23 with 4,458 shares crossing the market. Consolidated Bakeries popped 18 cents in closing at $1.87 in an exchange of 642 stock units, Elite Diagnostic fell 14 cents to close at $1.70 with 45,957 shares being traded, Express Catering gained 32 cents to end at $3.30 with a transfer of 2,070 units. Fontana slipped 53 cents to $8.70 after an exchange of 27,064 stocks, Fosrich sank 11 cents to end at $2.24 with investors dealing in 46,397 stock units, Honey Bun dipped 9 cents to $8.20 with 3,640 shares crossing the exchange. Indies Pharma lost 8 cents to finish at $3.52 with 14,050 units being traded, Iron Rock Insurance declined 6 cents to close at $4.14 after an exchange of 464 stocks, Jamaican Teas rose 31 cents to close at $2.40 with investors trading 1,620,714 stock units. JFP Ltd dropped 6 cents to 85 cents with 87,205 shares switching owners, Main Event rallied 59 cents to finish at $11.39 as investors exchanged 4,560 stock units, Medical Disposables increased 44 cents and ended at $2.30 after a transfer of 26,106 units. One Great Studio shed 5 cents to end at a 52 weeks’ low of 51 cents with 95,591 stocks changing hands, Spur Tree Spices fell 15 cents in closing at $1.65 with an exchange of 162,633 shares and Stationery and Office Supplies dipped 14 cents to close at $1.55 with 32,990 stocks crossing the market.

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

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