Junior Market slippage into month-end


Losers outpaced the winners on the Junior Market of the Jamaica Stock Exchange on Thursday, following trading in 43 securities, down from 45 on Wednesday and ending with prices of only 12 rising, 19 declining and 12 closing unchanged and sent the market index tumbling down at the close after the volume of stocks traded slipped modestly and even as the value of trades rising by just 8 percent over Wednesday. .

The market closed with 21,504,069 shares trading worth $45,830,454 compared with 22,146,875 units at $42,456,404 on Wednesday.
Trading averaged 500,095 shares at an average of $1,065,825, up from 492,153 units at $943,476 on Wednesday. Trading ended for the month to date, with an average of 296,708 units at $396,418, after inching higher from 285,094 stock units at $358,192 on the previous day and well below January, with an average of 469,885 shares at $594,149.
Derrimon Trading led trading with 3.40 million shares for 15.8 percent of total volume followed by Future Energy which ended with 3.23 million stocks for 15 percent of the day’s trade, Dolla Financial closed with 3.04 million stock units for 14.1 percent of the volume traded, Jetcon Corporation ended with 2.16 million shares for 10.1 percent of the share of the volume traded, Fosrich closed with 1.91 million stocks for 8.9 percent of the overall volume traded and Jamaican Teas with 1.78 million stock units for 8.3 percent of market share.
Indies Pharma was the highest gaining stock with a rise of 25 cents, while Access Financial lost $1.59 and Knutsford Express fell 80 cents, the two major losers.
At the close of trading, the Junior Market Index shed 16.00 points to end the day at 3,370.22. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.2, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their financial year ending around August 2026.
At the close of the market, Access Financial skidded $1.59 to close at $15.51 with 1,100 shares crossing the market, AMG Packaging gained 10 cents to close at $2.10 with investors trading 10,836 stock units, Caribbean Assurance Brokers sank 7 cents in closing at $2.06 after a transfer of 6,637 shares. Caribbean Cream dropped 29 cents to end at a 52 weeks low of $1.50 with 216,102 units changing hands, Caribbean Flavours rose 18 cents to finish at $1.68 with a transfer of 600 stocks, Consolidated Bakeries advanced 6 cents and ended at $1.72 after an exchange of 500 units. Dolphin Cove slipped 25 cents to $11.03 after investors swapped 56,515 shares, Elite Diagnostic popped 12 cents to end at $1.48 in an exchange of 13,106 stocks, Fosrich fell 14 cents in closing at $2.19 with 1,910,662 stock units clearing the market. GWest Corporation dipped 9 cents and ended at 66 cents with an exchange of 7,279 shares, Honey Bun sank 9 cents to finish at $6.50 with 6,474 stock units crossing the market, Image Plus increased 9 cents to close at 89 cents with investors trading 28,473 units. Indies Pharma climbed 25 cents to $2.95 after an exchange of 24,982 stocks, Iron Rock Insurance slipped 20 cents to end at $2.50 with investors swapping 195,389 shares, Jetcon Corporation lost 9 cents in closing at $2.30 in an exchange of 2,162,971 stocks. Knutsford Express declined 80 cents to finish at $10 with traders dealing in 5,848 units, Limners and Bards fell 10 cents and ended at 90 cents as investors exchanged 339,706 stock units and Regency Petroleum shed 6 cents to close at $4.24 in switching ownership of 129,983 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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