The Junior Market of the Jamaica Stock Exchange closed on Thursday, with Market Index gaining 15.27 points to close at 3,841.11.ending the day a mere 0.20 percent lower than the close in 2023 as investors traded 43 securities compared with 45 on Wednesday, ending with prices of 18 rising, 17 declining and eight closing unchanged following a 49 percent decline in the volume of stocks traded and 62 percent lower value than Wednesday.
The market closed on Thursday with trading of 5,754,359 shares valued $8,611,962 compared to 11,234,558 units at $22,689,491 on Wednesday.
Trading averaged 133,822 shares at $200,278 compared to 249,657 units at $504,211 on Wednesday with the month to date average of 189,952 stock units at $357,324 compared with 216,187 stock units at $430,726 on the previous day and September with an average of 419,421 units at $774,292.
JFP Ltd led trading with 1.24 million shares for 21.5 percent of total volume followed by Paramount Trading with 1.0 million units for 17.4 percent of the day’s trade and EduFocal with 969,571 stock units for 16.8 percent market share.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Blue Power climbed 25 cents to close at $4.40 in an exchange of 2,000 stock units, Caribbean Assurance Brokers popped 33 cents to $3.49 with 2,297 stocks crossing the market, Dolla Financial skidded 14 cents in closing at $3.50 with investors trading 670,822 shares. Dolphin Cove gained 7 cents to end at $22.85 with 5,414 stock units clearing the market, Everything Fresh rose 22 cents to finish at $2.36 with traders dealing in 7,801 shares, Express Catering lost 11 cents and ended at $3.24 after an exchange of 36,112 stocks. Fontana advanced 15 cents to $8.11 with investors swapping 9,444 units, Iron Rock Insurance dropped 35 cents to close at $3.55 with an exchange of 150,005 stock units, Jamaican Teas increased 19 cents to finish at $2.49 after trading 5,694 shares.
KLE Group rallied 11 cents and ended at $1.19 after an exchange of 5 stocks, Knutsford Express shed 10 cents to end at $12.80 in trading 179 units, Lasco Financial declined 8 cents in closing at $1.63 after 3,275 stock units passed through the market. Mailpac Group fell 9 cents to $2.40 as investors exchanged 32,984 shares, Main Event popped 88 cents to end at $11.88 in switching ownership of 379 stocks, MFS Capital Partners gained 9 cents in closing at 74 cents with investors dealing in 14,959 units. Paramount Trading dipped 13 cents and ended at $1.37 with a transfer of 1,000,200 stock units and Stationery and Office Supplies sank 9 cents to close at $1.59 with 3,874 shares crossing the exchange.
P
rices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market wipes out 2024 loss
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Blue Power, Caribbean Assurance Brokers, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolla Financial, Dolphin Cove, Edufocal, Elite Diagnostic, Emerging market stock, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, GWest, Honey Bun, iCreate, ImagePlus, Indies Pharma, Iron Rock Insurance, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, JFP Ltd, junior market, KLE Group, Knutsford Express, Lasco Financial, Limners and Bards, Lumber Depot, Main Event, Medical Disposables, MFS Capital Partners, Omni Industries, One Great Studio, Paramount Trading, RA Williams, Spur Tree Spices, Stationery and Office, Trading Activity, Tropical Batteries, tTech
About IC Insider.com
Speak Your Mind
You must be logged in to post a comment.