Junior Market slips again


The Junior Market of the Jamaica Stock Exchange slipped again to close below the 3,400 points on Thursday, with the volume of stocks traded dipping 18 percent, with 50 percent rising value over Wednesday following market activity in 46 securities up from 42 on Wednesday and ending with prices of 16 rising, 22 declining and eight closing unchanged.

The market closed with the trading of 14,892,052 shares for a value of $29,081,001, from 18,164,035 units at $19,343,788 on Wednesday.
Trading averaged 323,740 shares at $632,196 compared to 432,477 stocks at $460,566 on Wednesday, with trading for the month to date, averaging 191,820 stock units at an average of $288,978 compared to 177,708 stock units at $252,262 on the previous day and April with an average of 199,273 shares at $488,496.
Derrimon Trading led trading with 6.71 million shares for 45 percent of the total volume, followed by Regency Petroleum, with 1.05 million stocks for 7 percent of the day’s trade and Lasco Financial with 1.0 million stock units for 6.7 percent of the share of trading.
At the close of trading, the Junior Market Index declined 17.61 points to 3,392.36. The Investor’s Choice bid-offer indicator shows three 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 13.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Atlantic Hardware declined 9 cents to 86 cents after an exchange of 131,794 shares, Blue Power shed 15 cents to end at $5.05 with investors swapping 4,357 units, Cargo Handlers dropped 75 cents to close trading at $10.20 with traders exchanging 58 shares. Consolidated Bakeries rose 9 cents to $1.75 with investors trading 302 stocks, Derrimon Trading lost 10 cents to close at $1.75 in an exchange of 6,708,292 stocks, Dolla Financial dropped 12 cents to finish at $2.34 with 956,545 stock units passing through the market. Dolphin Cove sank $1.07 and ended at $12.50 with an exchange of 20,753 shares, Elite Diagnostic popped 14 cents to $1.40 with 6,297 stock units changing hands, Express Catering climbed 21 cents to finish at $2.75 with traders dealing in 7,000 stocks. Fontana slipped 43 cents to end at $9.05 after an exchange of 102,180 shares, Indies Pharma fell 25 cents in closing at $3.55 with 863,147 stocks clearing the market, Iron Rock Insurance dipped 91 cents to close at $2.99 with investors trading 12,446 units. Kintyre Holdings increased 6 cents to 35 cents with 574,737 shares being traded, Knutsford Express advanced $3.24 to $14.44, after 597 shares crossed the market, Lasco Financial skidded 18 cents to end at $1.62 with a transfer of 1,000,341 stock units. Limners and Bards rose 6 cents in closing at $1.16 as investors traded 3,500 stocks, Medical Disposables sank 28 cents and ended at $1.44 with 3,036 stocks crossing the market. ONE on ONE Educational dipped 7 cents to finish at 83 cents after a transfer of 177,133 stocks. RA Williams fell 7 cents to 51 cents with 358,700 units crossing the exchange. Stationery and Office Supplies dropped 15 cents to close at $1.44 after trading of 191,236 shares and Tropical Battery gained 8 cents to end at $2 as investors exchanged 624,083 stock units.

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

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