Trading activity closed sharply lower on the Junior Market of the Jamaica Stock Exchange on Friday, with a 58 percent fall in the volume of stocks traded, resulting from a 54 percent drop in value from Thursday, with trading in 39 securities compared with 44 on Thursday and ending with prices of 17 rising, 10 declining and 12 closing unchanged and pushed the Junior Market Index up by 32.07 points to 3,379.55.
Market activity ended with trading of 10,169,579 shares worth $16,597,115, well below the 24,114,652 units at $36,360,760 on Thursday.
Trading averaged 260,758 shares at $425,567 compared to 548,060 stocks worth $826,381 on Thursday, with a month to date, average of 269,762 units at $416,675 compared with 271,852 stock units at $414,611 on the preceding day and October with an average of 191,865 shares valued at $349,252.
Atlantic Hardware led trading with 5.96 million shares for 58.6 percent of total volume, followed by Omni Industries ended with 1.58 million units for 15.5 percent of the day’s trade and Kintyre Holdings, with 979,858 stocks for 9.6 percent of the volume traded.
At the close, the Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.7, based on the last traded price, in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At end of trading, Access Financial dropped $1.95 and ended at $17.50 after an exchange of 2,340 shares, Atlantic Hardware rose 14 cents to end at a record close of $1.48, with 5,956,040 stock units crossing the market, Cargo Handlers gained 12 cents to finish at $13.40 in trading 1,353 shares. Caribbean Assurance Brokers popped 29 cents in closing at $2.19 after an exchange of 105,418 stocks, Dolla Financial sank 9 cents to end at $2.50 with investors swapping 66,804 units, Elite Diagnostic increased 35 cents to close at $1.85 in switching ownership of 796 stocks. Express Catering slipped 30 cents to $2.75, after 69,080 shares passed through the market, Fosrich climbed 12 cents to end at $2.29 with an exchange of 3,923 stock units, Future Energy lost 12 cents in closing at $2.85, with 120,725 units crossing the market. Honey Bun rallied 69 cents to finish at $7.69 with investors trading 12,861 shares, Jetcon Corporation shed 30 cents and ended at $1.20, with 22,042 stocks changing hands, Lasco Financial advanced 7 cents to close at $1.95 with investors dealing in 76 units. Main Event declined 6 cents to $6.61 in an exchange of 1,200 stock units, One Great Studio popped 6 cents to end at 41 cents after it closed with an exchange of 12,269 shares and Paramount Trading rallied 19 cents in closing at $1.20 after a transfer of 11,471 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.