New 5 year low for Junior Market


The Junior Market of the Jamaica Stock Exchange a new 5 year low, with the market dropping 9.7 percent year to date and falling Investors traded a big chunk of shares in Derrimon Trading valued at $26.5 million, accounting for 37 percent of the total value of trades on Thursday, pushing the volume of stocks traded up by 240 percent, with the value surging 575 percent over Wednesday. Market activity ended with trading in 42 securities, down from 45 on Wednesday and ending, with prices of only 12 advancing, 22 declining and eight closing unchanged.

The market closed with trading of 36,115,577 shares for $71,357,020, after soaring from 10,628,999 units at $10,566,926 on Wednesday.
Trading averaged 859,895 shares at $1,698,977, after surging from 236,200 stock units at $234,821 on Wednesday. Trading for the month to date, averages 390,382 units at $557,546 compared with 337,796 stocks at $429,706 on the previous day and April, with an average of 504,653 shares at $502,169.
Derrimon Trading led the market with 19.31 million shares for 53.5 percent of total volume followed by Regency Petroleum with 6.63 million stocks for 18.4 percent of the day’s trade, Atlantic Hardware closed with 1.95 million stock units for 5.4 percent of the volume traded, Dolla Financial ended with 1.75 million shares for 4.8 percent of the total volume, Omni Industries chipped in with 1.08 million stocks for 3 percent of the overall volume and Woodcats International with 1.06 million units for 2.9 percent of market share.
At the close of trading, the Junior Market Index sank 38.79 points to settle at 3,073.06, a 5 year lowThe Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.7. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, AMG Packaging dipped by 5 cents to finish at $2.01 with trading of 204,018 stock units, Atlantic Hardware sank by 9 cents and ended at $1.58 with investors swapping 1,945,194 units, Blue Power popped 5 cents to close at $3.90 with 5,284 stock units being traded. Cargo Handlers skidded $2.68 to $13.82 with traders dealing in 4,306 shares, Caribbean Assurance gained 15 cents to end at $1.45 with 1,707 stock units crossing the market, Derrimon Trading sank 25 cents to close at $1.35 with an exchange of 19,310,605 shares. Dolla Financial slipped 13 cents to $2.32 with 1,748,324 stock units clearing the market, Elite Diagnostic fell 21 cents in closing at $1.17 in trading 12,500 stocks, Express Catering climbed 21 cents to finish at $2.31 with 248,172 units crossing the exchange. Fontana rose 50 cents and ended at $7 with a transfer of 415,088 shares, Fosrich dropped 5 cents to end at $1.85 after an exchange of 80,310 units, Image Plus shed 12 cents to close at 75 cents, with 333,099 stocks passing through the market. Indies Pharma advanced 7 cents to $2.82 in an exchange of 29,785 stock units, Iron Rock Insurance lost 41 cents to close at $2.29 with investors dealing in 11,500 shares, Jamaican Teas declined 7 cents in closing at $2.27 in switching ownership of 265 units. Jetcon Corporation fell 61 cents to finish at $2.60 as investors exchanged 797,549 stocks, KLE Group dipped 9 cents and ended at 71 cents after a transfer of 2,000 stock units, Knutsford Express lost $1.05 to end at $7.95 with investors trading 6,400 shares. Lasco Financial gained 5 cents to $1.65 in an exchange of 6,230 stock units, Medical Disposables declined 11 cents to finish at $1.16, following trading of 19,712 units, Omni Industries rallied 10 cents and ended at $1 after an exchange of 1,082,435 stocks. Paramount Trading shed 18 cents to 99 cents after investors swapped 11,049 shares and Spur Tree Spices rose 5 cents to end at $1 with investors trading 92,078 stocks.
Prices of securities trading are those for the last transaction unless otherwise stated.

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