Junior Market trading dives

Trading activity closed on the Junior Market of the Jamaica Stock Exchange Friday, with a 35 percent decline in the value and volume of stocks traded, compared to Wednesday with trading in 40 securities compared with 39 on Wednesday and ending with prices of 16 rising, 21 declining and three closing unchanged.
The market closed with trading of 8,495,035 shares for $15,844,991 compared with 13,080,235 units at $24,542,488 on Wednesday.
Trading averaged 212,376 shares at $396,125 compared with 335,391 units at $629,295 on Wednesday compared to July with an average of 358,542 units at $736,760.
Omni Industries led trading with 1.87 million shares for 22 percent of total volume followed by JFP Ltd with 1.84 million stocks for 21.7 percent of the day’s trade and Jamaican Teas with 1.14 million units for 13.4 percent of traded shares.
At the close of trading, the Junior Market Index gave back 26.01 points of the 69.94 points gained on Wednesday to close trading at 3,735.93.
The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Access Financial popped 10 cents in closing at $22 after an exchange of a mere 74 shares, CAC 2000 fell 22 cents to close at a 52 weeks’ low of $1.98, with 23,636 units changing hands, Cargo Handlers climbed 50 cents to finish at $11.99 after trading at an intraday low of $10.18, after investors traded 1,300 shares. Caribbean Assurance Brokers rose 11 cents and ended at $3.84 after a transfer of 389,703 stock units, Caribbean Cream gained 26 cents to end at $3.32 with investors swapping just 625 shares, Derrimon Trading sank 5 cents to close at $2.05 with an exchange of 16,194 units. Dolphin Cove declined $1.09 to $21 with 59,924 stocks crossing the market, Elite Diagnostic lost 8 cents and ended at $1.50 with a transfer of 1,908 stock units, Express Catering dropped 48 cents to finish at $3.52 and closed with an exchange of 62,019 shares. Future Energy shed 9 cents to close at $3.39 in an exchange of 69,651 units, Honey Bun increased 7 cents in closing at $8.65 with investors trading 6,675 stocks, iCreate rallied 7 cents to end at 54 cents, with 31,484 stock units crossing the market. Image Plus sank 13 cents in closing at $1.71 with investors trading 104,862 shares, Indies Pharma dipped 11 cents to $2.68 with 3,358 stocks clearing the market, Jamaican Teas slipped 29 cents to close at $2.25 with traders dealing in 1,139,138 stock units. Limners and Bards advanced 20 cents to end at $1.55 as investors exchanged 70,899 stock units, Main Event rose 42 cents to finish at $12.41, with trading of 36,869 shares, MFS Capital Partners climbed 19 cents and ended at 79 cents in an exchange of 25,326 units. Omni Industries skidded 10 cents to $1 but traded at an intraday low of 85 cents before rebounding ahead of the close of trading and ended after 1,867,899 stocks passed through the market, Regency Petroleum lost 11 cents to finish at $2.49 in switching ownership of 12,542 stock units and tTech shed 75 cents and ended at $2.05 after an exchange of 17,693 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.