Trading closed on the Junior Market of the Jamaica Stock Exchange on Wednesday, with a 52 percent decline in the volume of stocks traded, with a 19 percent lower value than on Tuesday, with trading in 40 securities, down from 43 on Tuesday and ending with prices of 14 rising, 15 declining and 11 closing unchanged and resulted in the Junior Market Index just slipping a mere 0.81 points to close at 3,406.34.
The market closed with trading of 1,431,920 shares for $3,870,592, after a steep decline from 2,971,755 units at $4,794,934 on Tuesday.
Trading averaged 35,798 shares at $96,765 compared to 69,111 stock units at $111,510 on Tuesday, with trading month to date, ending with an average of 65,271 stock units at $116,120, falling from 69,364 stock units at $118,808 on the previous day and August with an average of 236,241 shares at $494,923.
Future Energy led trading with 509,675 shares for 35.6 percent of total volume, followed by Indies Pharma, with 246,026 stock units for 17.2 percent of the day’s trade and Derrimon Trading with 136,967 stocks for 9.6 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows five 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 12.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, Access Financial gained 5 cents to close at $17.95 with investors trading 3,408 shares, CAC 2000 rose 5 cents to $2.20 with 100 stocks switching owners, Caribbean Cream climbed 22 cents in closing at $2.23 as traders passed 225 shares through the market. Dolphin Cove skidded 11 cents and closed at $14.08 with investors dealing in 11,711 units, Express Catering popped 22 cents to finish at $2.83 with 7,000 stock units changing hands, Fontana declined 19 cents to end at $8.86 with a transfer of 33,303 shares. ISP Finance declined $2.14 in closing at $14.45 as 77 units crossed the market, Jamaican Teas rallied 12 cents to $2.34 in trading 4,348 stocks, Jetcon Corporation lost 14 cents to end at $1.68, after closing with an exchange of 1,200 stock units. JFP dropped 9 cents to finish at 51 cents after a transfer of 22,955 shares and Regency Petroleum increased 10 cents and ended at $4.30 with traders dealing in 303 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.