Junior Market trading dips


Trading activity dipped on the Junior Market of the Jamaica Stock Exchange Wednesday, with an 8 percent decline in the volume of stocks traded and a 4 percent lower value than Tuesday. Investors exchanged 38 securities, down from 42 on Tuesday, with prices of seven rising, 23 declining and eight closing unchanged.

The market closed with trading of 7,703,163 shares for $10,200,830, after decreasing 8,413,693 units at $10,662,413 on Tuesday.
Trading averaged 202,715 shares at $268,443, with a decline from 200,326 stock units at $253,867 on Tuesday. Trading  for the month to date averages 172,149 stock units at $283,433 compared to 169,613 shares at $284,677 on the previous day and August, with an average of 433,821 shares at $676,565.
Stationery & Office Supplies led trading with 2.71 million shares for 35.2 percent of total volume, followed by RA Williams with 790,055 units for 10.3 percent of the day’s trade and Woodcats International with 620,618 stocks for 8.1 percent of the volume traded.
At the close of trading, the Junior Market Index skidded 67.31 points to settle at 2,901.62. The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.5. ICInsider.com compiles the PE ratios, derived by dividing a stock’s last traded price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of trading, Cargo Handlers fell $1.29 to close at $14.26 in an exchange of 9,005 stocks, Caribbean Assurance Brokers popped by 10 cents to end at $1.70 with an exchange of 276,099 stocks, Caribbean Flavours gained 10 cents and ended at $1.20 with trading in  22,000 units. Derrimon Trading dipped by 12 cents to end at 82 cents in trading 413,512 stocks, Dolla Financial lost 9 cents to close at $3.50, with 72,634 units crossing the market, Dolphin Cove rose 35 cents to finish at $9.40 with investors dealing in 10,601 stocks. Elite Diagnostic skidded 18 cents and ended at $1.59 with 2,400 shares changing hands, Everything Fresh slipped 30 cents to $1.67 in an exchange of 17,320 stock units, Express Catering declined 16 cents to end at $1.80 with investors trading 351,690 shares. Fontana shed 10 cents in closing at $6.05 with an exchange of 25,759 stocks, Image Plus dropped 5 cents to finish at $1.25 with 3,302 units crossing the market, Jamaican Teas fell 12 cents to $2.07 following a transfer of 162,653 stock units. Jetcon Corporation skidded 8 cents to $4.39 with a transfer of 106,297 shares, JFP advanced by 11 cents to 46 cents as investors exchanged 12,592 stock units, Knutsford Express lost $1.15 to end at $7.49 with 6,051 units passing through the market. Mailpac Group shed 7 cents in closing at $2.30 after an exchange of 13,048 stocks, Omni Industries declined 5 cents to close at 90 cents with trading of 581,425 shares, Paramount Trading fell 6 cents to finish at 94 cents with 28,000 units crossing the exchange. RA Williams increased 15 cents to a 52 weeks high of 67 cents after a transfer of 790,055 stocks and Stationery and Office Supplies dipped 18 cents to end at $1.40 in switching ownership of 2,709,459 stock units.


Prices of securities trading are those of the last transaction.

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