Junior Market trading drifts lower


Trading dropped on the Junior Market of the Jamaica Stock Exchange on Friday, with a 34 percent decline in the volume of stocks traded, with a 50 percent lower value than Thursday, following trading in 45 securities compared with 42 on Thursday. The market declined for a fourth consecutive day, with prices of 18 rising, 14 declining and 13 closing unchanged.

The market closed with trading of 3,249,110 shares for $6,144,623, after sliding from 4,913,360 units at $12,236,802 on Thursday.
Trading averaged 72,202 shares at $136,547, slumping from 116,985 stocks at $291,352 on Thursday, with the month to date, averaging 71,256 units at $136,069 versus 71,141 stock units at $136,011 on the previous day and August with an average of 236,241 shares at $494,923.
Fosrich led trading with 663,250 shares for 20.4 percent of total volume, followed by Jamaican Teas, with 462,380 stock units for 14.2 percent of the day’s trade and MFS Capital Partners with 295,728 stock units for 9.1 percent of the volume traded.
At the close of trading, the Junior Market Index skidded 21.97 points to end at 3,367.48. The Investor’s Choice bid-offer indicator shows two 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 slipped 6 cents to end at $17.89 with 775 shares being traded, AMG Packaging dropped by 25 cents to $2.30 with 16,909 stock units crossing the exchange, CAC 2000 dipped 5 cents in closing at $2.15 after trading of 42 shares. Consolidated Bakeries rose 11 cents to close at $1.61 with 60,466 units crossing the market, Dolla Financial rallied 10 cents to finish at $2.48 as investors exchanged 254,793 stocks, Fontana increased 14 cents to end at $9 with 59,634 shares crossing the market. GWest Corporation popped 9 cents to 85 cents in trading 370 stocks, Indies Pharma advanced 6 cents to finish at $3.07, with an exchange of 138,447 units, Iron Rock Insurance climbed 39 cents and ended at $3.91 after investors traded 62 stock units. ISP Finance fell $3.17 to end at $11.32 with just 7 shares changing hands, Jamaican Teas gained 6 cents in closing at $2.31 in an exchange of 462,380 stocks, Jetcon Corporation sank 6 cents to close at $1.75 with traders dealing in 470 units. KLE Group dipped 14 cents to 85 cents after a transfer of 7,063 stock units, Lumber Depot popped 15 cents to close at $2.74 with traders switching ownership of 19,512 shares, Mailpac Group lost 8 cents to finish at $2.51 with investors trading 83,431 stock units and Spur Tree Spices skidded 5 cents and ended at $1.05 after an exchange of 91,520 units.

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

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