Losing stocks beat winners, close to a 2 to 1 ratio on a sliding Junior Market, at the close of the Jamaica Stock Exchange on Tuesday and yet the market only declined modestly as investors traded 40 securities, down from 47 on Monday. The market closed with prices of 11 stocks rising, 19 declining and 10 closing unchanged. Trading ended, with an 88 percent decline in volume, at a 72 percent lower value than on Monday.
The market closed with trading of 6,563,836 shares for $9,598,255, in a plunge from 55,411,434 units at $34,342,706 on Monday.
Trading averaged 164,096 shares at $239,956, down from 1,178,967 stocks at $730,696 on Monday and an average for February of 301,118 shares at $408,514.
Kintyre Holdings led trading with 2.50 million shares, with control of 38.2 percent of the overall volume, followed by One Great Studio, which ended with 671,662 units for 10.2 percent of the day’s trade and Omni Industries with 549,340 stock units for 8.4 percent of the volume traded.
At the close of trading, the Junior Market Index dipped 20.09 points to 3,348.48. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.6, 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 trading activities, AMG Packaging rallied 6 cents to $2.16 after the trading of 9,295 shares, Caribbean Assurance Brokers fell 22 cents in closing at $1.78 in an exchange of 975 stocks, Consolidated Bakeries rose 24 cents to close at $1.50 with investors dealing in 25,003 shares. Derrimon Trading lost 11 cents to finish at $1.70, with 14,849 units crossing the exchange, Dolla Financial skidded 9 cents and ended at $2.41 with the switching of ownership for 153,800 stock units, Dolphin Cove sank 55 cents to end at $10.65 with 8,070 shares crossing the market.
Future Energy rallied 11 cents to $3.18, following trading of 359,175 units, Honey Bun slipped 8 cents to close at $6.51 with 4,535 stocks crossing the market, Indies Pharma fell 9 cents and ended at $2.71 after an exchange of 501,274 stock units. Iron Rock Insurance dropped 38 cents to finish at $2.50 with 1,650 shares clearing the market, Lumber Depot shed 13 cents to end at $2.52 in an exchange of 25,142 stocks and Medical Disposables sank 17 cents to close at $1.16 with 8,931 units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.