Junior Market trading dives on Monday


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Monday, with declining 41 percent decline in the volume of stocks traded, after 23 percent less funds passed through the market over Friday with trading in 46 securities up 41 on Friday and ending with prices of 14 rising, 20 declining and 12 closing unchanged.

The market closed with trading of 7,301,014 shares for $11,842,518 down from 12,380,784 stock units at $15,337,067 on Friday.
Trading averaged 158,718 shares at $257,446 well below the 301,970 stock units at $374,075 on Friday. Trading month to date, averaged 180,439 units at $298,639 that is line with 182,731 units at $302,986 on the previous day but well below an average of  350,850 shares at $615,775 in January.
Kintyre Holdings led trading with 2.01 million shares for 27.6 percent of total volume followed by Fosrich with 1.19 million units for 16.3 percent of the day’s trade and Future Energy with 820,520 stocks for 11.2 percent of the volume traded.
At the close of trading, the Junior Market Index shed 7.03 points to finish at 3,706.06. The Investor’s Choice bid-offer indicator shows five 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 13.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of a trading session of low trading, CAC 2000 rallied 19 cents to end at $2.34 with 1,010 shares changing hands,  Caribbean Assurance Brokers rose 21 cents to $2.79 with an exchange of 5,612 stocks, Consolidated Bakeries fell 10 cents to $1.80 with 50 shares crossing the market. Everything Fresh sank 17 cents and ended at $1.81 in switching ownership of 39,071 stock units, GWest Corporation slipped 9 cents to finish at 82 cents after an exchange of 24,722 shares, ISP Finance climbed $7.50 to close at a 52 weeks; high of $37 and closed with 3,364 stocks changing hands, following the disclosure last week that they acquired a portfolio of loans. JFP Ltd rose 6 cents to 83 cents in an exchange of 287,907 units, KLE Group gained 9 cents in closing at $1.25 with traders dealing in 400 stocks, Knutsford Express sank $1.79 to end at $11 with 7,728 shares crossing the exchange. Lasco Financial dropped 9 cents to finish at $1.51 after a transfer of 14,880 stocks, Medical Disposables advanced 29 cents and ended at $1.99 with 6,426 units changing hands, Paramount Trading increased 9 cents to close at $1.12 with a transfer of 34,171 stock units and tTech ended with 2,204 shares being traded in closing at $1.47 after the price hit a 52 weeks’ intraday low of $1.16.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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