Junior Market value slips, trading jumps


Trading activity closed on the Junior Market of the Jamaica Stock Exchange on Thursday, with the volume of stocks traded rising by 34 percent, with a 24 percent more value than Wednesday and the end of the day with trading of 44 securities, down from 45 on Wednesday and ended with prices of 12 rising, 22 declining and 10 closing unchanged as the market index slipped once more.

The market closed with trading of 6,456,385 shares for $10,590,257, well above the 4,821,612 units at $8,531,764 on Wednesday.
Trading averaged 146,736 shares worth $240,688, up from 107,147 stocks at $189,595 on Wednesday with the month to date, averaging 125,679 units at $203,256 close to 121,390 stock units at $195,631 on the previous day and compared to April with an average of 199,273 shares at $488,496.
Kintyre Holdings led trading with 1.63 million shares for 25.3 percent of total volume, followed by Jamaican Teas that traded 678,649 stock units for 10.5 percent of the day’s trade and Dolla Financial with 394,523 stock units for 6.1 percent of the volume traded.
At the close of trading, the Junior Market Index declined 16.34 points to wrap up trading at 3,432.94, following the biggest fall of $2.50 in the price of Access Financial. The Investor’s Choice bid-offer indicator shows five 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 14.6, 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, Access Financial lost $2.50 and ended at 52 weeks’ low of $14.05 with dealings in 76,055 shares, CAC 2000 lost 6 cents to close at $1.94 with 281 units clearing the market, Consolidated Bakeries slipped 14 cents to $1.75 in an exchange of 260 stock units, Dolphin Cove rallied 53 cents to end at $14.30 with investors trading 19,879 shares. Elite Diagnostic sank 12 cents in closing at $1.40 with traders switching ownership of 1,000 stocks, Fontana increased 50 cents to close at $9.06 with investors swapping 23,004 units, GWest Corporation climbed 16 cents to finish at 97 cents with just three shares changing hands. Honey Bun rose 36 cents to $8.43 after a transfer of 5,219 stock units, Iron Rock Insurance skidded 70 cents in closing at $3 with investors trading 27,035 stocks, ISP Finance sank 80 cents to finish at a 52 weeks’ low of $8.70 with 12,000 stock units passing through the market. Jamaican Teas declined 9 cents to $2.45 with sellers trading 678,649 stocks, Jetcon Corporation fell 22 cents to close at 88 cents after an exchange of 278,069 units, Limners and Bards advanced 8 cents to end at $1.18 and closing with 150 shares being traded. Mailpac Group popped 10 cents in closing at $2.50 with 342,545 stock units crossing the exchange, Main Event dropped 12 cents to $11.35 with traders dealing in 8,336 shares, One Great Studio declined 6 cents to end at 39 cents as investors exchanged 246,448 stocks, RA Williams shed 7 cents to close at 51 cents after an exchange of 21,767 stocks and Tropical Battery dipped 18 cents to finish at $1.81 with 96,976 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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