Junior Market trading drops


Trading dropped on the Junior Market of the Jamaica Stock Exchange on Thursday, with the volume of stocks traded declining 50 percent, with 24 percent lower value than Wednesday, with trading in 43 securities, compared with 40 on Wednesday and ending with prices of 13 rising, 19 declining and 11 closing unchanged.

The market closed with trading of 5,307,813 shares for $8,466,498, down from 10,665,603 stocks at $11,120,474 on Wednesday.
Trading closed with an average of 123,438 shares at $196,895, well below 266,640 stock units at $278,012 on Wednesday.
Trading month to date,  averaged 233,093 units at $348,735 versus 240,336 stock units at $358,764 on the previous day and very short of an average of 1,591,326 shares at $1,703,148 in June.
Derrimon Trading led the Junior Market trading activity with 1.19 million shares for 22.5 percent of total volume, followed by Woodcats International which ended with 1.09 million units for 20.6 percent of the day’s trade and Image Plus with 700,803 stocks for 13.2 percent of the volume traded.
At the close of trading, the Junior Market Index slipped 20.14 points to wrap up trading at 2,973.71. The Investor’s Choice bid-offer indicator shows five 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 11.5. 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, Access Financial declined $1.76 to finish at $17.98 with 151 units passing through the market, Atlantic Hardware shed 5 cents to end at $1.37 with investors trading 76,627 stocks, Blue Power declined 8 cents in closing at $3.25, in an exchange of 3,932 shares. Cargo Handlers dropped $1.99 and ended at $16 with investors trading 438 stock units, Caribbean Cream fell 29 cents to end at $1.71 after an exchange of 6,048 shares, Caribbean Flavours skidded 13 cents to close at $1.05 with investors swapping 2,903 stock units. Derrimon Trading rallied by 9 cents to $1.36 after a transfer of 1,193,232 stocks, Fontana increased 10 cents and ended at $6.29 after investors exchanged 64,977 units, Future Energy popped 13 cents to $3.64 with 370,192 shares changing hands. Honey Bun dropped 57 cents in closing at $5.34 with investors trading 90,491 stocks, Image Plus gained 5 cents to close at $1.11 with 700,803 stocks crossing the market, Iron Rock Insurance dipped 9 cents to end at $2 in trading 1,000 units. Jetcon Corporation rose 5 cents in closing at $3.35 following trading of 102 shares, Lumber Depot advanced 20 cents to $2.66 with 23,970 stock units clearing the market, MFS Capital Partners lost 6 cents to end at 41 cents in switching ownership of 1,460 stocks. ONE on ONE Educational slipped 6 cents and ended at 69 cents, with 16,117 units crossing the market, RA Williams fell 5 cents to finish at 35 cents in an exchange of 142,500 shares and Regency Petroleum dropped 10 cents to close at $4.20 after the trading of 21,137 stock units.
Closing prices of stocks trading are those of the last transaction.

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