Moderate trading for the Junior Market


Trading closed on the Junior Market of the Jamaica Stock Exchange on Wednesday, with a marginal decline in the volume of stocks traded, but with a 20 percent higher value than Tuesday. Trading ended in 46 securities changing hands, up from 43 on Tuesday and ended with prices of 15 rising, 16 declining and 15 closing unchanged, resulting in the Junior Market Index slipping 23.84 points to end at 3,405.92.

During the trading session, 4 stocks traded at intraday 52 weeks’ lows, with Dolphin Cove dropping to $10.07, Main Event declining to a low of $7.94, MFS Partners down to $0.32 and Spur Tree Spices down at $1.09.
The market closed with trading of 4,199,125 shares for $7,967,838 compared with 4,279,348 units at $6,619,935 on Tuesday.
Trading averaged 91,285 shares at $173,214 compared with 99,520 stocks at $153,952 on Tuesday, with the month to date, averaging 172,449 units at $483,292 compared to 178,745 stock units at $507,345 on the previous day and March with an average of 307,021 shares at $759,432.
RA Williams led trading with 950,886 shares for 22.6 percent of total volume, followed by Fosrich with 446,943 units for 10.6 percent of the day’s trade and Future Energy with 337,172 stock units for 8 percent of the volume traded.
At the close of a moderate day of trading, The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 14.2, 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, CAC 2000 skidded 21 cents and ended at $2.29 with 32 shares changing hands, Caribbean Assurance Brokers fell 22 cents to $2.51 in an exchange of 1,696 units, Caribbean Cream advanced 11 cents to end at $2.59 with investors swapping a mere 100 shares. Caribbean Flavours shed 5 cents in closing at $1.17 in switching ownership of 616 stock units, Consolidated Bakeries popped 15 cents to finish at $1.80 after an exchange of 5,425 stocks, Dolphin Cove lost 64 cents to close at $13.55 with a transfer of 77,839 shares. Elite Diagnostic increased 25 cents to $1.49 with investors dealing in 795 stock units, Fontana climbed 21 cents in closing at $9.99 in an exchange of 79,083 units, GWest Corporation declined 13 cents to end at 87 cents with investors trading 408 stocks. Honey Bun sank 14 cents to close at $8 after a transfer of 2,288 shares, Image Plus rose 6 cents and ended at $1.05, with 110,990 stocks crossing the market, ISP Finance slipped $1 to finish at $10 in trading 5,031 units. Jetcon Corporation gained 25 cents to end at $1.18 with 101,300 stock units crossing the market, JFP Ltd rallied 5 cents to end at 64 cents with an exchange of 151 shares, Lumber Depot popped 7 cents in closing at $2.89 after 1,000 stock units passed through the market. Main Event slipped 7 cents to close at $10.90 after trading of 16,527 stocks, Medical Disposables rallied 26 cents and ended at $1.60, with 1,375 units crossing the exchange and Regency Petroleum rose 15 cents to finish at $3.30 with traders dealing in 3,428 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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