Junior Market trading drops


Trading closed on the Jamaica Stock Exchange Junior Market Tuesday, with a 63 percent drop in the volume of stocks traded and a 62 percent lower value than Monday, with trading in 44 securities, compared with 43 on Monday and ending with 15 rising, 20 declining and nine closing unchanged, resulting in a moderate rise in the market index.

The market closed with trading of 1,700,662 shares for $3,195,077, compared with 4,656,367 units at $8,404,674 on Monday.
Trading averaged 38,651 shares at $72,615, compared to 108,288 shares at $195,458 on Monday. Trading month to date averages 681,358 units at $1,245,606, down from 766,536 units at $1,401,063 on Friday and an average of 324,023 shares at $544,060 for September.
On a day of moderate trading no stock traded a million shares as Image Plus led trading with a mere 222,116 shares for 13.1 percent of total volume, followed by Fosrich, with 191,295 units for 11.2 percent of the day’s trade and Woodcats International with 153,170 stocks for 9 percent of the volume traded.
At the close of trading, the Junior Market Index rallied a mere 7.17 points to 3,074.76. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.7. ICInsider.com computes the PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of trading, AMG Packaging rose by 11 cents and ended at $1.81 with 3,648 stock units changing hands, Atlantic Hardware advanced 12 cents to close at $1.64 in trading 25,301 shares, Blue Power rallied 9 cents to close at $3.29 with trading in 13,269 shares. CAC 2000 climbed 18 cents to end at $1.15 with investors dealing in 242 units, Cargo Handlers dropped 70 cents to finish at $15 in an exchange of 1,213 shares, Caribbean Cream declined by 35 cents and ended at $3.10 with investors swapping 4,237 stock units. Consolidated Bakeries shed 15 cents to end at $1.28 after an exchange of 72,939 stocks, Dolla Financial dipped by 14 cents in closing at $3.55, with 54,907 units crossing the market, Dolphin Cove increased 71 cents to finish at $10.07 as investors exchanged 15,807 stocks. Everything Fresh lost 9 cents to close at $1.75 after a transfer of 10,000 units, Fosrich skidded by 9 cents to finish at $1.40 in switching ownership of 191,295 shares, Future Energy fell 12 cents and ended at $3.56 after trading of 55,502 stock units. Iron Rock Insurance rallied 40 cents to close at a 52eks high of $4.20 with an exchange of 10,000 shares, ISP Finance gained 87 cents in closing at $8.87 with investors trading just 1 stock unit, Jamaican Teas slipped 5 cents to end at $2.10 with an exchange of 5,020 stock units. Jetcon Corporation popped 5 cents in closing at 52 weeks high of $4.90 after 124,349 units passed through the market, Knutsford Express fell 64 cents and ended at $7.86 with a transfer of 62 shares, Mailpac Group increased 20 cents to close at $2.30 after an exchange of 7,024 units. Main Event slipped 48 cents to finish at $3.31 in trading 2,933 stocks, One Great Studio climbed 5 cents to end at 55 cents and closed with an exchange of 98,663 stock units, Regency Petroleum lost 10 cents in closing at $4.15 with trading of 8,128 shares. Spur Tree Spices dropped 9 cents to close at $1.35, with 17,849 units crossing the market and Stationery and Office Supplies declined by 14 cents and ended at $1.46 with investors swapping 15,330 stocks.
Prices of securities trading are those for the last transaction.

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