The Junior Market of the Jamaica Stock Exchange slipped at the close of trading on Tuesday, following a 21 percent higher volume of stocks that were traded, with a 61 percent greater value than Monday following trading in 46 securities up from 42 on Monday and ending with prices of 17 rising, 19 declining and 10 closing unchanged.
The market closed with trading of 6,394,435 shares for $13,808,848 compared with 5,281,187 units at $8,580,323 on Monday. Trading for the day averaged 139,009 shares at $300,192 compared with 125,743 stocks at $204,293 on Monday with a month to date average of 193,077 units at $322,387 down moderately from 202,642 stocks at $326,313 on the previous day and some distance from January with an average of 350,850 shares at $615,775.
Regency Petroleum led trading with 2.58 million shares for 40.3 percent of total volume followed by One Great Studio which ended with 816,357 stock units for 12.8 percent of the day’s trade and Jamaican Teas with 515,932 stocks for 8.1 percent of the volume traded.
At the close of trading, the Junior Market Index slipped a mere 2.88 points to end at 3,698.76. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of a more active day than Monday, CAC 2000 gained 36 cents to finish at $2.45 with an exchange of just 22 stock units, Consolidated Bakeries rose 10 cents to $2.10 with a mere 11 stock units passing through the market, Fontana advanced 13 cents to close at $9.24 with 81,296 shares switching owners. Future Energy sank 9 cents to end at $3.44 with investors trading 66,796 stock units, GWest Corporation skidded 8 cents in closing at 85 cents in an exchange of 5,103 shares, Honey Bun slipped 10 cents and ended at $8.12 with investors swapping 9,204 stock units. Jamaican Teas shed 8 cents to close at $2.22 with 515,932 stocks crossing the exchange, KLE Group popped 10 cents to end at $1.25 after investors ended trading 41 units, Main Event lost 35 cents in closing at $11 with an exchange of 200 shares being traded at the close. Medical Disposables slipped 10 cents and ended at $1.90 in an exchange of 24,933 units, Paramount Trading increased 13 cents to close at $1.13 with 52,739 stocks changing hands, Regency Petroleum fell 26 cents to finish at $2.85 as investors exchanged 2,576,597 stock units. Stationery and Office Supplies climbed 7 cents to $1.57 after a transfer of 64,174 shares and tTech rallied 28 cents to end at $1.68 with investors trading 11,702 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.