Trading pulled back on the Junior Market of the Jamaica Stock Exchange on Tuesday. with the volume of stocks traded declined 76 percent, with 49 percent lower value than on Monday following trading in 43 securities, down from 45 on Monday and ending, with prices of 17 rising, 17 declining and nine closing unchanged, with the market index rising moderately at the close.
The market closed with trading of 5,753,460 shares for $9,980,147, tumbling from 24,320,121 units at $19,665,289 on Monday.
Trading averaged 133,801 shares at $232,096, after declining from 540,447 stock units at $437,006 on Monday, with a month to date, average of 351,650 stock units at $456,282, in falling from 384,290 stock units at $489,870 on the preceding day and April, with an average of 504,653 shares at $502,169.
On a day of low trading, Jetcon Corporation led trading with 1.29 million shares for 22.5 percent of total volume followed by Kintyre Holdings, with 1.20 million units for 20.8 percent of the day’s trade and Iron Rock Insurance with 700,000 stocks for 12.2 percent of the volume traded.
At the close of trading, the Junior Market Index increased 10.65 points to 3,135.40. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.8.
ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, Cargo Handlers sank 46 cents to $18.50 with an exchange of 5,104 shares, Derrimon Trading gained 9 cents to $1.65 with 24,773 stock units changing hands, Dolphin Cove popped 10 cents and ended at $10.20 with investors swapping 7,869 shares. Everything Fresh gained 18 cents to settle at $2.29 in switching ownership of 612 stocks, Fontana fell 5 cents to finish at $6.85 as investors exchanged 6,557 units, Future Energy rose 5 cents to close at $3.47 in trading 486,080 stocks. Honey Bun dipped 88 cents to $5.51 after an exchange of 8,811 units, Image Plus advanced 11 cents and ended at 86 cents after investors swapped 421,310 shares, Indies Pharma lost 9 cents to close at $2.71 after an exchange of 25,515 stock units. Jamaican Teas slipped 8 cents to end at $2.26 with 7,412 shares crossing the market,
Knutsford Express sank $1.09 in closing at $8.01 in an exchange of 1,554 stock units, Limners and Bards rallied 9 cents to finish at 80 cents following trading of 14,097 stocks. Medical Disposables climbed 11 cents to $1.27 with 1,005 units crossing the exchange, MFS Capital Partners shed 13 cents to end at 46 cents after a transfer of 3,400 shares, Regency Petroleum popped 5 cents in closing at $4.28 with 92,221 stocks passing through the market and Spur Tree Spices dropped 6 cents to close at 94 cents in an exchange of 26,889 units.
Prices of traded stocks are those for the last transaction unless otherwise stated.