Junior Market trading drops

Trading plunged on the Junior Market of the Jamaica Stock Exchange on Wednesday, with an 87 percent fall in the volume of stocks traded, accompanied by an 89 percent drop in value compared to Tuesday and ended with trading in 41 securities down from 45 on Tuesday and ending with prices of 16 rising, 16 declining and nine closing unchanged.
The market closed trading of 1,811,654 shares for $3,852,277 down sharply from 14,317,132 units at $36,679,561 on Tuesday.
Trading averaged 44,187 shares at $93,958, down from 318,158 units at $815,101 on Tuesday with the month to date, averaging 121,141 units at $293,517 compared to 135,614 stock units at $331,049 on the previous day and April with an average of 204,118 units at $439,599.
Fosrich led trading with 353,541 shares for 19.5 percent of total volume followed by One Great Studio with 270,376 units for 14.9 percent of the day’s trade and Stationery and Office Supplies with 228,034 stocks for 12.6 percent market share.
At the close of trading, the Junior Market Index dipped 1.72 points to end at 3,760.36.
The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging lost 7 cents in closing at $3.35 after closing with an exchange of 8,961 shares, Blue Power climbed 37 cents to a 52 weeks’ high of $4.20 in an exchange of 24,010 stocks, Caribbean Assurance Brokers rose 40 cents to finish at $3.20 with 39,788 shares changing hands. Caribbean Cream rallied 20 cents and ended at $4.21 after 67 stock units crossed the exchange, Express Catering slipped 17 cents to close at $3.80 after a transfer of 45,672 shares, Fontana sank 13 cents to end at $8.80 with investors trading 71,686 stocks. GWest Corporation increased 6 cents to $1.01 with an exchange of 15 units, Jamaican Teas popped 12 cents and ended at $2.52 after 35,008 stock units passed through the market, JFP Ltd dipped 13 cents to end at $1.14 in an exchange of 90,394 shares. Lasco Financial fell 9 cents in closing at $1.60 with investors swapping 7,700 stock units, Limners and Bards declined 26 cents to finish at $1.26 in switching ownership of 7,248 stocks, Main Event gained 43 cents to close at $13.43 with investors transferring 1,001 units. OneonOne fell 5 cents to close at a 52 weeks’ low of 84 cents following the trading of 159,607 shares, Spur Tree Spices advanced 10 cents to $2.41 after investors ended exchanging 8,839 shares and Tropical Battery popped 8 cents in closing at $2.37, with 69,100 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.