Following the release of first quarter results for Kintyre Holdings, investors gobbled up 18.9 million shares, sending the price of the stock flying by 5 cents to close out the day on the Junior Market of the Jamaica Stock Exchange on Tuesday. At the close of business trading volume jumped by 96 percent with 12 percent higher value than on Monday, following. Trading of 43 securities up from 41 on Monday and ending, with prices of only nine rising, 25 declining and nine closing unchanged, and ended with a sharp pull back in the market index.
The market closed with trading of 30,673,465 shares for $18,460,010, after climbing from 15,613,674 units at $16,471,833 on Monday.
Trading ended with an average of 713,336 shares at $429,303, after increasing from 380,821 stock units at $401,752 on Monday with the month to date, averaging 589,618 units at $551,826 compared with 578,935 stock units at $562,405 on the preceding day and April, with an average of 504,653 shares at $502,169.
Kintyre Holdings led trading with 18.90 million shares for 61.6 percent of total volume followed by Woodcats International with 3.89 million stocks for 12.7 percent of the day’s trade and Omni Industries contributed 2.06 million units for 6.7 percent of the overall trade.
At the close of trading, the Junior Market Index sank 41.58 points to finish at 3,068.12. 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 12.4. ICInsider.com composes the PE ratios, that are derived by dividing the last traded price of a stock by earnings per share for companies with the fiscal year ending around August 2026.
At the close of trading, AMG Packaging dipped 20 cents and ended at $1.80 in trading 19,632 shares, Cargo Handlers dipped $1.44 to $15.53 with investors trading 4,134 stocks, Derrimon Trading rallied 8 cents to close at $1.60 with 459,116 shares clearing the market. Everything Fresh slipped 10 cents to end at $2.10 following trading of 2,676 units, Express Catering sank 35 cents in closing at $1.90 with 524,610 stock units changing hands, Future Energy declined 10 cents to finish at $3.70 after an exchange of 213,791 shares. Indies Pharma sank 5 cents and ended at $2.68 in trading 19,222 units, Iron Rock Insurance popped 41 cents to close at $2.70 with 9,000 stocks crossing the exchange, Jetcon Corporation skidded 12 cents to close at $2.69 with investors trading 30,833 stock units. Kintyre Holdings advanced 5 cents to end at 29 cents with an exchange of 18,895,629 shares, Knutsford Express fell $1 to $8 with 11,184 stocks crossing the market, Lasco Financial rose 10 cents to finish at $1.65 in an exchange of 100 units.
Lumber Depot dipped 11 cents and ended at $2.34 with investors swapping 5,776 stock units, Main Event shed $1.30 to close at $4.70 with 5,000 shares passing through the market, Medical Disposables sank 9 cents in closing at $1.17 with investors dealing in 1,194 units. Omni Industries gained 10 cents to end at $1.13 after a transfer of 2,055,824 stocks, ONE on ONE Educational lost 6 cents to close at 82 cents as investors exchanged 404,033 stock units and Woodcats International sank 5 cents to finish at at 72 cents, the lowest since listing in March in switching ownership of 3,891,585 shares.
Prices of traded securities are those for the last transaction unless otherwise stated.