Stocks closed down after the long Easter break sending prices careening downwards with losers outpacing winners 4 to 1 on the Junior Market of the Jamaica Stock Exchange on Tuesday with trading in all 48 securities, similar to Thursday, ending with the prices of only six rising, 24 declining and 18 closing unchanged.
The market closed after trading of 18,648,121 shares, at 17 percent more than the 16,001,765 units changing hands on Thursday with the value ending at $14,034,120, 12 percent less than $15,955,173 on Thursday.
Trading averaged 388,503 shares worth $292,378, comapared with 333,370 units at an average of $332,399 on Thursday with the month to date, averaging 312,195 units at $299,795 versus 273,230 stock units at $303,583 on the previous day and March, with an average of 410,874 shares at $527,130.
Kintyre Holdings dominated trading with 12.18 million shares for 65.3 percent of total volume as the sell- off of the shares continued, followed by Woodcats International which ended with 1.21 million units for 6.5 percent of the day’s trade and EduFocal with 889,322 stocks for 4.8 percent of the volume traded.
At the close of trading, the Junior Market Index dropped a significant 41.68 points to close at 3,340.33. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 16.4, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their fiscal year ending around August 2026.
At the close of the market, Access Financial dropped $2.14 to end at $15.62 with investors exchanging 7,428 shares, AMG Packaging shed 12 cents and ended at $2.05 with 100,300 stocks crossing the market, CAC 2000 rose 26 cents to $1.84 with investors trading 200 shares. Cargo Handlers lost 30 cents to end at $18.70 after an exchange of 15,070 stock units, Caribbean Assurance Brokers skidded 27 cents in closing at $1.50 with 685,450 units passing through the market, Derrimon Trading fell 5 cents to close at $1.67 after a transfer of 472,756 shares. Dolla Financial slipped 5 cents to $2.49 following trading of 100,356 stocks,
Dolphin Cove gained 6 cents to close at $10.96 with 4,036 units crossing the market, Future Energy sank 12 cents and ended at $3.60 with traders dealing in 154,432 stock units. Image Plus dropped 5 cents to end at 75 cents after traders exchanged 47,114 shares, Jamaican Teas declined 29 cents to $2.30 with investors dealing in 15,170 units, Jetcon Corporation dipped 17 cents to finish at $2.60 with 14,872 stocks crossing the exchange. Knutsford Express popped 65 cents to $9.90 with investors swapping 55 stock units, MFS Capital Partners climbed 12 cents in closing at a 52 weeks high of 68 cents with an exchange of 18,913 shares, Regency Petroleum fell 9 cents and ended at $4.50 with 9,370 units clearing the market and Stationery and Office Supplies dropped 6 cents to finish at $1.79 as investors exchanged 525,733 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.