Trading slowed on the Junior Market of the Jamaica Stock Exchange on Wednesday with the volume of stocks traded declining a hefty 45 percent, with 52 percent lower value than on Tuesday, following trading in 45 securities, similar to Tuesday and ending, with prices of 19 rising, 16 declining and 10 closing unchanged.
The market closed with trading of 39,957,630 shares for $14,850,424, tumbling from 72,570,090 units at $31,204,395 on Tuesday.
Trading averaged 887,947 shares at $330,009, down from 1,612,669 stocks worth $693,431 on Tuesday. Trading month to date, ended with an average of 637,698 stock units at $512,212 compared to 622,057 shares at $523,600 on the previous day but more than April, with an average of 504,653 shares at $502,169.
Kintyre Holdings led trading with 33.97 million shares for 85 percent of total volume followed by ONE on ONE Educational with 1.20 million units for 3 percent of the day’s trade and Derrimon Trading with 794,499 stocks for 2 percent of the volume traded.
At the close of trading, the Junior Market Index popped 2.68 points higher to settle at 3,092.43. The Investor’s Choice bid-offer indicator shows 11 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 12.2. 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 of trading, Access Financial gained 20 cents to finish at $17.15 after an exchange of 116 shares, Cargo Handlers fell $1.80 to $15 with trading of 1,137 stocks, Caribbean Assurance Brokers fell 5 cents to $1.40 following the trading of 3,725 shares. Caribbean Cream slipped 20 cents in closing at a 52 weeks closing low of $1.40 with 69,650 stocks crossing the market, Caribbean Flavours sank 8 cents to end at $1.17 in trading 111,533 units, Derrimon Trading rose 6 cents to close at $1.60 with 794,499 stocks changing hands. Elite Diagnostic climbed 13 cents to $1.15 as investors exchanged 9,097 units, Future Energy increased 16 cents to $3.71 with 209,942 shares crossing the market, Honey Bun dropped 9 cents and ended at $5.90 in an exchange of 25,572 stock units. Image Plus popped 10 cents to 80 cents after a transfer of 44,462 shares, Iron Rock Insurance sank 37 cents to close at $2.33 with 1,721 units crossing the exchange, ISP Finance advanced $1.60 to finish at $12 with traders dealing in 1,928 stocks.
Lasco Financial rallied 10 cents and ended at $1.60 in an exchange of 12,145 stock units, Mailpac Group skidded 10 cents to $2.45 with investors trading 50,034 shares, Main Event dipped 7 cents to $6.63 with investors dealing in 2,900 units. ONE on ONE Educational increased 8 cents to close at 85 cents with 1,199,306 stocks passing through the market, Paramount Trading popped 14 cents in closing at $1.15 with investors swapping 58,958 stock units, Regency Petroleum gained 5 cents to end at $4.30 after a transfer of 51,479 shares and Stationery and Office Supplies rose 7 cents to $1.57 with investors trading 3,257 units.
Prices of stocks are those for the last transaction unless otherwise stated.