Junior Market slipped few points on Wednesday

Trading closed on the Junior Market of the Jamaica Stock Exchange Wednesday, with a 54 percent decline in the volume of stocks traded with a 41 percent lower value than in trading on Tuesday following trading in 42 securities compared with 43 on Tuesday and ending with prices of 18 stocks rising, 13 declining and 11 closing unchanged.
The market closed on wednesday with an exchange of 4,153,063 stock units at $9,236,370 from 9,032,533 shares at $15,706,426 on Tuesday.
Trading averaged 98,882 shares at $219,914 compared with 210,059 units at $365,266 on Tuesday with the month to date, averaging 142,018 units at $286,189 compared with 149,068 stock units at $297,020 on the previous day and to December with an average of 466,866 units at $1,111,272.
Dolla Financial led trading with 1.31 million shares for 31.5 percent of total volume followed by One Great Studio with 558,940 units for 13.5 percent of the day’s trade and iCreate with 323,373 units for 7.8 percent market share.
At the close, the Junior Market Index lost 5.71 points to end at 3,741.82.
The Junior Market ended trading with an average PE Ratio of 13.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging fell 64 cents to $2.36 after an exchange of 40,200 stock units, Blue Power dipped 29 cents in closing at $2.70 with investors dealing in 28 shares, Cargo Handlers rallied 25 cents to close at $14, with 391 stock units crossing the exchange. Caribbean Assurance Brokers rose 22 cents to close at $2.25 with investors transferring 5,096 units, Caribbean Flavours sank 7 cents to end at $1.80 with 2,037 stocks crossing the market, EduFocal climbed 11 cents in closing at $1.59 with traders dealing in 79,400 units. Fosrich popped 7 cents to $2.25 and closed with an exchange of 12,450 shares, ISP Finance increased 13 cents and ended at $25 after 3,877 stocks changed hands, Jamaican Teas dropped 17 cents to close $2.32, with 298,178 shares changing hands. Lasco Financial gained 18 cents to end at $2.10 after investors ended trading 78,250 units, Limners and Bards advanced 11 cents to $1.66 after an exchange of 42,289 stocks, Main Event rose 67 cents to close at $14.97, with 7,944 stock units clearing the market. Spur Tree Spices advanced 12 cents and ended at $2.47 in an exchange of 11,408 shares and Stationery and Office Supplies popped 8 cents in closing at $1.69 after 241,682 stocks passed through the market.

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

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