Main Event the sole entertainment event planners jumped nearly 25 percent above Friday’s $9.19 close, on the Junior Market of the Jamaica Stock Exchange on Monday, following trading in 47 securities were traded up from 41 on Friday and ending with prices of 17 rising, 16 declining and 14 closing unchanged and resulting the Junior Market index increasing 17.92 points to 3,475.15.
Trading plunged sharply on Monday with a 73 percent decline in the volume of stocks traded down to 3,818,332 from 14,213,890 units on Friday, with 77 percent lower value of $5,134,860, dramatically lower than $21,868,340 previously.
Trading averaged 81,241 shares at $109,252 compared with 346,680 stocks at $533,374 on Friday, with trading for the month to date, averaging 145,715 stock units at $229,453, down from 155,783 stock units at $248,222 on the previous day and April with an average of 199,273 shares at $488,496.
Kintyre Holdings led trading with 1.16 million shares for 30.4 percent of total volume, followed by Tropical Battery that ended with 543,834 stock units for 14.2 percent of the day’s trade and Caribbean Flavours with 332,937 stocks for 8.7 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than the last selling prices and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.7, 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 trading, AMG Packaging gained 10 cents to close at $2.70 with traders dealing in 31,518 shares, CAC 2000 popped 25 cents to $2.19 with 1,952 stocks switching owners, Derrimon Trading fell 16 cents to end at $1.84 with 30,000 shares crossing the market. Dolla Financial sank 17 cents in closing at $2.45 in trading 146,420 units, Dolphin Cove increased by 18 cents to finish at $14.48 after an exchange of 10,308 stock units, Elite Diagnostic recovered Friday’s decline of 21 cents by climbing 32 cents to $1.51 with investors transferring just 195 shares. Future Energy slipped 6 cents to $3.04 as investors exchanged 166,743 stocks, Indies Pharma rose 14 cents to end at $3.69 and closed with an exchange of 1,078 units,
ISP Finance sank 70 cents in closing at a 52 weeks’ low of $8 in an exchange of 2,330 stock units. Jamaican Teas advanced 22 cents and ended at $2.54 with investors trading 2,726 shares, Jetcon Corporation rallied 22 cents to close at $1.10 in an exchange of 11,376 stock units, Mailpac Group rose 9 cents to finish at $2.42 with 4,158 stock units crossing the market. Main Event recovered Friday’s big $2.16 fall by advancing $2.26 and ended at $11.45 with investors swapping 562 stocks, Paramount Trading shed 6 cents to $1 as traders swapped 9,092 shares through the market and Tropical Battery lost 25 cents in closing at $1.85 with an exchange of 543,834 stocks, following the release of the price of the new share issue later this month of $1.87.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.