Kintyre Holdings grabbed just over 40 percent of all shares exchanged on the Junior Market of the Jamaica Stock Exchange on Friday, dragging the volume down by 36 percent to 10,451,559 shares with a value 75 percent less at $9,701,596, well below the 16,335,753 units trading at $38,362,973 on Thursday, with investors engaged in trading 40 securities, down from 43 on Thursday, resulting in prices of 16 stocks advancing, 14 declining and 10 ending unchanged.
The market closed with trading averaging 261,289 shares at $242,540 down from the 379,901 stocks at $892,162 on Thursday with a month to date average of 289,958 units at $710,671 and in alignment with the 292,025 stocks at $744,411 on the previous day and higher than February with an average of 246,071 shares at $454,487.
Kintyre Holdings led trading with 4.32 million shares for 41.4 percent of total volume, with the stocks hitting an intraday 52 weeks’ low of 27 cents followed by EduFocal which ended with 1.59 million stock units for 15.2 percent of the day’s trade and Lasco Financial with 850,262 stocks for 8.1 percent of the volume traded.
At the close of trading, the Junior Market Index climbed 9.45 points to finish at 3,471.88. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended with an average PE Ratio of 13.2, based on last traded prices in conjunction with the earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, AMG Packaging sank 40 cents to end at a 52 weeks’ low of $2.30 with 51,285 shares switching owners, Caribbean Assurance Brokers fell 45 cents in closing at $2.36 with investors trading 5,651 stocks, Caribbean Cream gained 14 cents to close at $2.50 with 2,472 shares crossing the market. Consolidated Bakeries popped 11 cents to close at $1.96 after the trading of 1,050 stock units, Dolphin Cove sank $1.28 to finish at $16.12 after closing with 19,217 shares changing hands, Everything Fresh dipped 35 cents and ended at $1.63 with a transfer of 3,787 stock units. Fosrich lost 8 cents to close at $2.17 with investors swapping 28,969 units, Iron Rock Insurance increased 10 cents to finish at $3.80 after a transfer of 33,983 stocks, ISP Finance climbed 48 cents and ended at $20 with 2,089 shares clearing the market. Knutsford Express rose $1.50 to end at $13.50 in an exchange of 2,397 stocks, Limners and Bards advanced 6 cents in closing at $1.12 with 104,275 units crossing the market, Main Event rallied $1.29 to close at $12 as investors exchanged just 2 stock units. One Great Studio increased by 7 cents to close at 50 cents with 21,242 shares changing hands, Regency Petroleum rose 7 cents to finish at $3.15 in an exchange of 45,837 units and Tropical Battery dropped 8 cents and ended at $2.32 with traders dealing in 110,212 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
