The Junior Market of the Jamaica Stock Exchange on Friday, to start the New Year on a downward path following on a sharp fall in the volume of stocks traded following a substantial jump on Wednesday with Dolla Financial trading 532 million shares, and ended with a 98 percent decline in volume, with 99 percent lower value following trading in 38 securities, down from 43 on Wednesday and ending with prices of 15 rising, 14 declining and nine closing unchanged.
Trading resulted in an exchange of 11,000,282 shares for $15,771,112, compared with 569,271,812 units at $1,715,858,400 on Wednesday.
Trading averaged 289,481 shares at $415,029, down from 13,238,879 units at $39,903,684 on the prior trading day, with the month to date, averaging 289,481 stock units at $415,029 compared to December, that ended with an average of 1,003,109 shares at $2,482,468.
Kintyre Holdings led trading with 4.43 million shares for 40.3 percent of total volume followed by Regency Petroleum, which ended with 1.29 million stock units for 11.8 percent of the day’s trade and RA Williams with 1.04 million units for 9.4 percent of the volume traded.
At the close of trading, the Junior Market Index dropped 19.54 points to 3,381.87. The Investor’s Choice bid-offer indicator shows two 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 13.9, 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 on the first trading day of the new year, Blue Power rose 10 cents to end at $4.60, with 1,178 shares, clearing the market, Cargo Handlers gained 28 cents in closing at $18.78, following an exchange of 200 stocks, Caribbean Assurance Brokers popped 25 cents to close at $1.77, with 4,430 shares being traded. Dolla Financial fell 26 cents to finish at $2.84 with investors trading 48,123 stock units, Dolphin Cove climbed 56 cents and ended at $12.51, after 1,700 units passed through the market, Everything Fresh skidded 9 cents to close at $2.10 after switching ownership of 11,040 stocks. Fontana increased 10 cents to $7.88, with 2,073 shares changing hands, Future Energy sank 12 cents and ended at $2.80, 313,722 units crossing the exchange, Iron Rock Insurance shed 34 cents to finish at $3.47, with a transfer of 2,468 stock units.
Jamaican Teas sank 14 cents in closing at $2.23, with 629,945 shares crossing the market, Kintyre Holdings rallied 6 cents to end at 76 cents with an exchange of 4,432,960 stocks, Mailpac Group lost 13 cents to close at $2.42, resulting from an exchange of 49,561 stock units. Regency Petroleum slipped 23 cents to $3.85 with investors swapping 1,292,944 stock units and Stationery and Office Supplies dipped 9 cents to close at $1.56 in an exchange of 938,541 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.