Junior Market trading plunges on Friday

Trading activity dived sharply on the Junior Market of the Jamaica Stock Exchange on Friday, with a 74 percent drop in the volume of stocks traded, having an 84 percent lower value than Thursday with even as trading resulted in activities in more securities than Thursday with 42 securities changing hands up from 39 and ending with prices of 11 rising, 20 declining and 11 closing unchanged.

Trading ended with 3,206,080 shares being traded for $4,113,490 down sharply from 12,247,617 stock units at $25,016,931 on Thursday.
Trading averaged 76,335 shares at $97,940 compared to 314,041 stocks at $641,460 on Thursday with trading for the month to date, averaging 145,600 units at $257,714 compared with 159,194 stock units at $289,072 on the previous day and in October with an average of 196,034 shares at $399,810.
EduFocal led trading with 2.04 million shares for 63.6 percent of total volume followed by Spur Tree Spices with 244,502 units for 7.6 percent of the day’s trade and Dolla Financial with 124,039 stock units for 3.9 percent share of the market.
At the close of trading, the Junior Market Index rose 10.77 points to end at 3,783.39. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial rallied $1.07 to $20.07 with 29 units clearing the market, following release of second quarter results with a series of errors in the income statement. AMG Packaging dipped 5 cents to $3.15, with 1,950 stock units crossing the exchange, Caribbean Assurance Brokers rose 7 cents and ended at $3.27 with 9,630 stocks having been traded, Caribbean Cream fell 28 cents to close at $3.17 as 790 shares passed through the market. Caribbean Flavours slipped 29 cents to finish at $1.15 with investors trading 103,060 stock units, Dolla Financial increased 5 cents to close at $3.45 after an exchange of 124,039 stocks, Dolphin Cove sank 39 cents to end at $20.10 with 33,763 shares switching owners,  Fontana lost 7 cents in closing at $8.03 after an exchange of 16,438 units. Future Energy sank 19 cents to $3.61 with 100,506 stocks being traded, Honey Bun skidded 10 cents to close at $8.60 with an exchange of 25,436 stock units, Knutsford Express declined 45 cents in closing at $12 with 1,400 shares changing hands, Medical Disposables shed 17 cents and ended at $2.10 after an exchange of 7,683 stock unit. MFS Capital Partners climbed 5 cents to 69 cents with 12,886 shares clearing the market and Spur Tree Spices slipped 5 cents to close at $1.90 as investors exchanged 244,502 stocks. .

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

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