The Junior Market of the Jamaica Stock Exchange slipped moderately at the close on Friday, following a 40 percent fall in the volume of stocks traded with a 34 percent greater value than Thursday resulting from trading in 42 securities compared with 41 on Thursday and ending with prices of 12 rising, 16 declining and 14 closing unchanged.
Investors traded 5,101,314 shares for $10,562,036 compared with 3,646,469 units at $7,879,162 on Thursday.
Trading averaged 121,460 shares at $251,477, compared to 88,938 units at $192,175 on Thursday with a month to date, average of 143,939 shares at $292,526 compared with 151,373 stock units at $306,101 on the previous day. December closed with an average of 466,866 units at $1,111,272.
One Great Studio led trading with 1.13 million shares for 22.1 percent of total volume followed by Dolla Financial with 727,676 units for 14.3 percent of the day’s trade and Everything Fresh with 565,867 units for 11.1 percent market share.
At the close, the Junior Market Index dropped 12.12 points to close at 3,780.14.
The Junior Market ended trading with an average PE Ratio of 
13.4, 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 two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial increased 30 cents to end the session at $25.50 after an exchange of just 119 stock units, AMG Packaging lost 70 cents and ended at $3.20 with a transfer of 8,081 shares, Blue Power climbed 30 cents to end at $3 with 307 stocks being traded. Cargo Handlers rose 92 cents in closing at $14 in switching owners of 1,500 units, Caribbean Flavours skidded 25 cents to close at $1.67, with 7,810 stocks crossing the exchange, Fontana fell 10 cents to $10.50 with investors swapping 127,467 units. Future Energy shed 10 cents to close at $3.50 with an exchange of 133,778 shares, Indies Pharma sank 27 cents in closing at $2.65 after the trading of 157,736 stock units, Lasco Manufacturing rallied 14 cents and ended at $4.64 in an exchange of 7,661 shares.
Mailpac Group popped 8 cents to end at $2.12 with investors trading 86,905 stock units, Main Event declined 34 cents in closing at $14 following 237 units crossing the market, MFS Capital Partners rallied 9 cents to $2.09 with investors trading 230,370 stocks. Paramount Trading advanced 20 cents to end at $1.59 after 14,057 units crossed the market, Spur Tree Spices popped 30 cents and ended at $2.54 with traders dealing in 55,442 shares and Tropical Battery dipped 7 cents to close at $1.87 with an exchange of 137,318 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market slips on Friday
January 5, 2024 by IC Insider.com
Filed Under: JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolla Financial, Dolphin Cove, Edufocal, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, Honey Bun, iCreate, ImagePlus, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, JFP Ltd, junior market, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, MFS Capital Partners, One Great Studio, Paramount Trading, Spur Tree Spices, Stationery and Office, Trading Activity
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