Junior market recovers some losses


The Junior Market of the Jamaica Stock Exchange recovered some Tuesday’s loss, with a mild gain in the market index following trading activity that resulted in a 7 percent rise in the volume of stocks traded, with 36 percent more value than Tuesday with trading in 42, down from 45 on Tuesday, resulting in the prices of 13 rising, 19 declining and 10 closing unchanged.

The market closed with trading of 18,313,636 shares for $49,138,059, up from 17,176,586 stock units at $36,066,791 on Tuesday. 

Trading averaged 436,039 shares at $1,169,954 compared with 381,702 stocks at $801,484 on Tuesday.  Trading for the month to date, averages 406,327 stock units at $1,073,991 compared with 402,741 shares valued at $1,062,410 on the previous day and October with an average of 196,034 shares at $399,810.
Dolla Financial led trading with 8.14 million shares for 44.4 percent of total volume followed by Indies Pharma with 5.04 million stock units for 27.5 percent of the day’s trade and Mailpac Group with 2.60 million units for 14.2 percent of market share.
At the close of trading, the Junior Market Index increased 6.58 points to end at 3,704.56. The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
At the close, Blue Power gained 26 cents in closing at $4.39 with 1,270 stocks crossing the market, CAC 2000 dropped 5 cents and ended at $2.25 in switching ownership of 7,079 stock units, Cargo Handlers popped 12 cents to $10.40 with a transfer of 110 shares, Caribbean Assurance Brokers climbed 52 cents and ended at $3.47 with 3,630 shares being traded. Derrimon Trading fell 10 cents to finish at $1.94 with 9,584 shares clearing the market, Dolla Financial declined 5 cents to end at $2.95 with 8,138,291 units crossing the exchange. Dolphin Cove lost 6 cents to close at $19.94 with 1,856 stocks changing hands, Elite Diagnostic gained 6 cents in closing at $2.28 with investors trading 26,549 stock units, Everything Fresh lost 11 cents to end at $2.28 with investors swapping a mere 95 shares, Fontana popped 5 cents to close at $8 with traders dealing in 41,109 units, Lasco Financial dipped 11 cents to close at $1.65 with 37,744 stock units crossing the market. Limners and Bards dipped 6 cents to finish at $1.22 passed through the market 49,686 stock units. Lumber Depot sank 7 cents to $2.70 with investors dealing in 600 shares, Mailpac Group dropped 8 cents to finish at $2.32 with trading of 2,598,962 shares, Main Event increased 13 cents and ended at $11.23 after a transfer of 39 shares. Paramount Trading fell 9 cents to close at $1.20 with 19,266 units being traded, Regency Petroleum skidded 13 cents to end at $2.80 with 3,585 shares changing hands and Tropical Battery rose 13 cents in closing at $2.59 with an exchange of 112,501 stock units.

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

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