Junior market trading plunges


Trading activity plunged on the Junior Market of the Jamaica Stock Exchange Tuesday, with an 87 percent drop in the volume of stocks traded, accompanied by a 91 percent plunge in value from that on Monday following activities in 46 securities, down slightly from 47 on Monday and ending with prices of 16 rising, 20 declining and 10 closing unchanged, resulting in a mild contraction in the market index.

The market closed with the trading of 2,030,899 shares for $4,091,926, down sharply from 15,071,358 units at $44,820,119 on Monday.
Trading averaged 44,150 shares at $88,955 down from 320,667 stocks at $953,620 on Monday with the month to date, averaging 365,751 units at $955,831 compared with 393,769 stock units at $1,031,355 on the previous day and October with an average of 196,034 shares at $399,810.
ONE on ONE Educational led trading with 500,005 shares for 24.6 percent of total volume followed by Dolla Financial with 326,654 units for 16.1 percent of the day’s trade and RA Williams with 231,580 stock units for 11.4 percent market share.
At the close of trading, the Junior Market Index shed 6.10 points to end at 3,690.79. The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial fell $1.89 to $17.61 with 2,633 stock units traded, AMG Packaging increased 10 cents to close at $3.10 with 2,654 shares crossing the market, CAC 2000 climbed 41 cents to $2.41 with 84 units switching owners. Caribbean Flavours shed 10 cents to close at $1.32 with 17,802 stocks crossing the market, Derrimon Trading rose 10 cents to finish at $2 in an exchange of 112,887 units, Dolphin Cove sank 20 cents and ended at $19.80 with investors swapping 11,477 shares. Everything Fresh slipped 30 cents to $2.10 after an exchange of 98,949 stocks, Fontana rallied 17 cents to close at $8.18 in trading 42,065 stock units, Future Energy popped 11 cents to end at $3.72 with 29,836 shares changing hands. Honey Bun sank 11 cents to $8.59 with a transfer of 17,054 units, Image Plus declined 16 cents and ended at $1.50 with investors dealing in 19,457 stocks, Iron Rock Insurance lost 11 cents to finish at $3.89 with 9,000 stock units crossing the exchange. Jamaican Teas dropped 8 cents to $2.11 with investors trading 58,238 shares, Jetcon Corporation skidded 11 cents to end at $1.22 with an exchange of 1,975 units, KLE Group dipped 25 cents to $1.08 with 62,155 shares clearing the market. Lumber Depot sank 8 cents to finish at $2.68 with investors trading 13,273 stock units, Main Event gained 19 cents and ended at $11 after a transfer of a meager 95 shares, Medical Disposables advanced 8 cents to close at $2.18 with traders dealing in 3,236 units and Tropical Battery dipped 14 cents to $2.50 as investors exchanged 97,064 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.


 

About IC Insider.com