Junior Market steady with outclassed winners


Winners were outnumbered by decliners on the Junior Market of the Jamaica Stock Exchange on Monday, with the market index barely moving at the close, following trading in 44 securities, down from 43 on Friday, and ending with prices of 13 advancing, 18 falling, and 13 closing unchanged. The volume of stocks traded slipped 12 percent, with a 43 percent lower value than on Friday.

The market closed with trading of 11,656,263 shares worth $11,088,799, after sliding from 13,183,970 units for $19,399,701 on Friday.
Trading averaged 264,915 shares at $252,018, after decreasing from 306,604 stock units at $451,156 on Friday. Trading for the month to date averages 1,965,322 units at $2,084,384, down from 2,081,499 stock units at $2,209,577 on the previous day and for May, with an average of 644,187 shares, with an average value of $540,889.
Kintyre Holdings led trading with 5.85 million shares for 50.2 percent of total volume, followed by Woodcats International with 1.63 million stocks for 14 percent of the day’s trade and Dolla Financial with 1.42 million units for 12.1 percent of the day’s trade.
At the close of trading, the Junior Market Index lost 1.97 points to conclude trading at 3,028.69. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.2. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, Blue Power dropped 62 cents to $3.37 after a transfer of 111,155 shares, Cargo Handlers lost 15 cents to close at $19.65 with trading of 86 stocks, Caribbean Assurance Brokers rose 10 cents to $1.40 following the switching ownership of 1,699 units. Caribbean Cream dropped 23 cents to finish at $1.27 with investors trading 262 shares, after the price hit an intraday 25 weeks low of $1.10. Caribbean Flavours declined 6 cents to finish at $1.04 after dealers exchanged 21,678 stock units, Dolphin Cove declined by 20 cents to $9.90 with a transfer of 3,538 shares. Fosrich advanced 9 cents to $1.65 with 136,264 stocks changing hands, Iron Rock Insurance fell 18 cents to a 52 weeks low of $2.20 following trading of 2,916 units, Jamaican Teas rose 11 cents to end at $2.22 with 704 stock units crossing the market. Jetcon Corporation dipped 21 cents to $2.41 with an exchange of 43,003 shares, Knutsford Express skidded 68 cents to close at $7.80 with 14 stocks crossing the market, Lasco Financial fell 34 cents to $1.81 as investors exchanged 41,475 units. Limners and Bards skidded 6 cents and ended at $1 with 129,395 stock units passing through the market, Mailpac Group lost 24 cents to $2.16 with investors dealing in 150,830 shares, Main Event declined 62 cents to close at $4.93 after an exchange of 6,076 stock units. Medical Disposables shed 10 cents to finish at 90 cents, with investors swapping 112,761 units and ONE on ONE Educational rallied 12 cents in closing at 80 cents in an exchange of 94,890 stocks.
Prices of stocks trading are those of the last transaction unless otherwise stated.

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