Junior Market trading plunges deeper


Trading on the Junior Market of the Jamaica Stock Exchange closed on Wednesday, with a 53 percent decrease in the volume of stocks traded, and a 35 percent lower value than on Tuesday. Trading resulted in activities in 41 securities compared to 42 on Tuesday, with 22 stocks rising, 10 declining, and nine closing unchanged.

The market closed with trading of 1,716,240 shares for $3,159,246, down from 3,676,746 stock units at $4,840,071 on Tuesday.
Trading averaged 41,860 shares worth $77,055, falling from 87,542 stocks at $115,240 on Tuesday. Trading for the month to date, ended with an average of 111,898 units at $251,238 compared  with 125,507 stock units at $285,083 on the prior day and September, with an average of 154,641 shares at $329,246.
On a day of very low trading activity, Jetcon Corporation led trading with 703,132 shares for 41 percent of total volume, followed by Image Plus with just 141,098 stock units for 8.2 percent of the day’s trade and Derrimon Trading with 117,938 stocks for 6.9 percent of the volume traded.
At the close of trading, the Junior Market Index sank 12.07 points to wrap-up trading at 3,356.77. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, Blue Power rose 32 cents to $3.80 in trading of 19,036 shares, Cargo Handlers fell $1.92 in closing at $11.08 with 2,496 stocks changing hands Dolla Financial rose 8 cents to land at $2.56 after trading of 45,220 shares. Elite Diagnostic popped 6 cents and ended at $1.56 in an exchange of 6,026 units, Everything Fresh increased 5 cents to close at $2.15 with 1,680 stocks crossing the market, Future Energy climbed 5 cents to finish at $3.15 after traders exchanged 63,430 shares. GWest Corporation sank 9 cents to 70 cents in trading 68,912 units, Iron Rock Insurance advanced 41 cents to finish at $3.91 after a transfer of 164 stocks, ISP Finance rallied 19 cents and ended at $13.19 as investors exchanged 129 stock units. Jamaican Teas increased 10 cents in closing at $2.30 with 4,305 shares clearing the market, Jetcon Corporation climbed 9 cents to end at $1.77 in an exchange of 703,132 stocks, Knutsford Express rose 40 cents to close at $13 with traders dealing in 27,628 units. Mailpac Group advanced 8 cents to $2.50 after an exchange of 2,525 stock units and Regency Petroleum lost 20 cents and ended at $4.35 with investors dealing in 1,793 shares.

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

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