The Junior Market of the Jamaica Stock Exchange dipped lower on Monday, starting the month with a 65 percent fall in the volume of stocks traded, and a 53 percent lower value than Friday. Trading resulted in an exchange of 43 securities compared with 44 on Friday, with prices of just nine rising, 27 declining and seven closing firm, with the Junior Market Index dipping 18.94 points to 3,504.16.
Trading ended with an exchange of 4,038,688 shares for $11,013,414, a decline from 11,582,135 units at $23,634,600 on Friday.
Trading averaged 93,923 shares at $256,126, down from 263,230 units at $537,150 on Friday. Trading for the month to date ended with an average of 93,923 stock units at $256,126, well below the 419,466 stocks at $701,563 on the previous day and May, with an average of 419,466 shares at $701,563.
In a low-key trading session, Iron Rock Insurance led trading with 380,000 shares for 9.4 percent of total volume, followed by Future Energy, with 346,807 units for 8.6 percent of the day’s trade and Kintyre Holdings with 337,471 stocks for 8.4 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.2, 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, Blue Power skidded 20 cents to end at $5 with 3,360 shares changing hands, CAC 2000 increased 22 cents in closing at $2.20 with 701 stocks crossing the exchange, Caribbean Assurance Brokers sank 20 cents to close at $2.01 with investors dealing in 59,966 shares. Caribbean Flavours fell 7 cents to close at $1.64 after traders exchanged 2,204 units, Dolphin Cove climbed 71 cents and ended at $14 with 179,542 stock units crossing the market, Future Energy sank 15 cents to finish at $3.10 with an exchange of 346,807 shares. GWest Corporation rose 11 cents to end at 95 cents, with investors trading 105,496 stocks, Honey Bun slipped 20 cents to $8.10 after an exchange of 9,961 units, Image Plus advanced 7 cents to close at $1.06 with investors swapping 268,603 stock units, Iron Rock Insurance shed 5 cents in closing at $3.75 with investors dealing in 380,000 shares, JFP Ltd lost 8 cents in closing at 47 cents in an exchange of 6,842 shares, Mailpac Group slipped 5 cents to finish at $2.65 as investors exchanged 9,503 stocks. Omni Industries gained 5 cents to close at 85 cents after 13,746 units passed through the market, Paramount Trading sank 5 cents to end at 99 cents in an exchange of 1,000 stocks, Stationery and Office Supplies dropped 14 cents to finish at $1.43 with traders dealing in 201,060 units and Tropical Battery shed 7 cents to end at $2.18 with an exchange of 88,325 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.