Sharp drop in Junior Market


Kintyre Holdings was the lead trade in a depressed Jamaica Stock Exchange Junior Market, with the index plunging on Thursday, following trading in 42 securities compared with 44 on Wednesday and ending with prices of 14 rising, 22 declining and six closing firm, following a 93 percent decline in volume and 88 percent fall in value compared to Wednesday.

The market closed with trading of 8,051,937 shares for $8,032,911 compared with 115,343,679 units at $65,947,305 on Wednesday.
Trading ended with an average of 191,713 shares worth $191,260, compared with  2,621,447 units at $1,498,802 on Wednesday, with a month to date, averaging 789,839 units at $648,627 compared to 941,173 stock units at $764,347 on the previous trading day and December with an average of 1,003,109 shares at $2,482,468.
Kintyre Holdings led trading with 4.18 million shares for 51.9 percent of total volume, followed by EduFocal, with 1.11 million units for 13.8 percent of the day’s trade and Future Energy with 513,086 stocks for 6.4 percent of the volume traded.
At the close of trading, the Junior Market Index sank 40.29 points to finish at 3,369.24. The Investor’s Choice bid-offer indicator shows two 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 13.8, 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 financial year ending around August 2026.
At the close, Cargo Handlers rose $1.28 to close at $18.78, with 5,136 shares clearing the market, Caribbean Assurance Brokers lost 23 cents to close at $1.60 in an exchange of 1,635 stocks, Dolla Financial climbed 15 cents to close at $2.65, with 167,704 shares crossing the market. Dolphin Cove sank 33 cents to finish at $12.15 after an exchange of 7,401 units, Express Catering fell by 7 cents and ended at $2.58, after 11,500 units passed through the market, Fontana dipped 9 cents to end at $7.80 as investors exchanged 36,329 stocks. Future Energy sank 6 cents in closing at $2.65, after trading at a 52 weeks intraday low of $2.41, in switching ownership of 513,086 units, Honey Bun shed 19 cents to $6.90, after hitting a 52 weeks intraday low of $5, with investors trading 55,595 shares, Indies Pharma increased 11 cents and ended at $2.88 with an exchange of 9,573 stock units. ISP Finance declined 25 cents to end at $16.75 after a mere two shares, Jamaican Teas gained 14 cents to close at $2.34 after a transfer of just 40 stocks, KLE Group rose 25 cents to finish at $1.05 in trading 8,509 units. Knutsford Express skidded 11 cents and ended at $11 after it closed with trading of 2,795 stock units, Mailpac Group dropped 16 cents to $2.42 with investors dealing in 5,189 shares, Medical Disposables rallied 13 cents to close at $1.45 with a transfer of 174,392 stock units. ONE on ONE Educational slipped 13 cents in closing at 86 cents after an exchange of 5,335 stocks and Paramount Trading sank 13 cents to end at $1.25 with investors trading 63,774 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com