Junior Market trading falls

The Junior Market of the Jamaica Stock Exchange inched higher on Wednesday after a 15 percent rise in the volume of stocks traded, with a 23 percent lower value than Tuesday following trading in 41 securities, down from 46 on Tuesday and ending with prices of 16 rising, 18 declining and seven closing unchanged as the market closed marginally higher.
The market closed with trading of 8,079,622 shares for $14,175,727 compared with 6,998,714 units at $18,504,634 on Tuesday.
Trading averaged 197,064 shares at $345,749, compared with 152,146 units at $402,275 on Tuesday with the month to date, averaging 208,086 units at $493,478 compared with 209,355 stock units at $510,491 on the previous day and February with an average of 253,246 units at $637,481.
One Great Studio led trading with 1.91 million shares for 23.6 percent of total volume followed by Stationery and Office Supplies with 1.87 million units for 23.1 percent of the day’s trade and JFP Ltd with 855,299 units for 10.6 percent market share.
At the close of trading, the Junior Market Index popped just 3.93 points to wrap up trading at 3,780.58.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two with lower offers, suggesting a positive opening on Thursday.
At the close, AMG Packaging declined 29 cents and ended at $3.26 with investors dealing in 853 shares, Blue Power climbed 10 cents to $3.16 trading 32,992 stocks, CAC 2000 shed 25 cents to end at $4.25 with 8,834 shares clearing the market. Cargo Handlers lost $1.18 in closing at $13.30 in an exchange of 4,081 stock units, Caribbean Cream dipped 50 cents to close at $3.40 with investors swapping 47,669 shares, Dolphin Cove sank 12 cents to $19.85 in an exchange of 7,107 stock units. Express Catering skidded 17 cents in closing at $3.70, with 14,000 stocks crossing the market, Fontana gained 14 cents and ended at $9.44 with a transfer of 12,544 units, Future Energy popped 13 cents to close at $3.60 after exchanging 160,538 shares. Indies Pharma advanced 5 cents to end at $2.70 in switching ownership of 54,725 units, Jamaican Teas fell 12 cents in closing at $2.30, with 371,634 stocks crossing the exchange, Lasco Financial rose 13 cents to $1.95, with 5,621 stock units changing hands. Lasco Manufacturing dropped 18 cents and ended at $5.30 after an exchange of 134,313 shares, Limners and Bards rallied 37 cents to close at $1.85 as 48,000 stocks passed through the market, Lumber Depot gained 25 cents to end at $2.75 with an exchange of 80,138 units. Main Event rose $1 to $14.60 and closed with an exchange of 433 stock units, One Great Studio advanced 5 cents to end at $1 as investors exchanged 1,907,246 shares, Stationery and Office Supplies sank 23 cents in closing at $1.43 after a transfer of 1,865,960 units. Tropical Battery popped 5 cents to close at $2.25 while exchanging 183,315 stocks and tTech skidded 5 cents and ended at $2.01, with 7,120 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.