Trading dropped sharply on the Junior Market of the Jamaica Stock Exchange Wednesday with the volume of stocks traded falling 50 percent, with 47 percent lower value than Tuesday resulting from trading in 42 securities down from 46 on Tuesday and ending with prices of 11 rising, 20 declining and 11 closing unchanged and putting the Market indices marginally higher at the close.
The market closed with trading of 3,211,827 shares for $7,290,865 down from 6,394,435 stock units at $13,808,848 on Tuesday. Trading ended with an average of 76,472 shares at $173,592 compared with 139,009 stocks at $300,192 on Tuesday with trading for the month to date, averaging 179,004 units at $304,429 compared with 193,077 stock units at $322,387 on the previous day and January with an average of 350,850 shares at $615,775.
Dolla Financial led trading with 653,057 shares for 20.3 percent of total volume followed by Lasco Financial which ended with 450,025 stock units trading for 14 percent of the day’s trade and Tropical Battery with 440,815 stocks for 13.7 percent of the volume traded.
At the close of trading, the Junior Market Index rallied by just 4.56 points to wrap up trading at 3,703.32. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and two with lower offers.The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of a low keyed session, AMG Packaging dropped 19 cents to $3.01 with investors swapping 150 units, Blue Power fell 26 cents to $5.28 in an exchange of 630 stocks, Caribbean Cream rose 20 cents to end at $3.20 with 3,837 shares changing hands. Dolla Financial dipped 11 cents in closing at $2.81 in trading 653,057 stock units, Dolphin Cove rallied 15 cents and ended at $19.70 after an exchange of 22,970 shares, Fontana lost 14 cents to finish at $9.10 with trading in 29,304 stocks. Future Energy increased 6 cents and ended at $3.50 and closed with an exchange of 9,189 units, Honey Bun skidded 9 cents to $8.03 with investors trading 1,300 stock units, Jamaican Teas dipped 6 cents in closing at $2.16 in an exchange of 45,000 shares. Lumber Depot slipped 7 cents to close at $2.80 with investors trading 18,286 stock units, Main Event fell 15 cents to finish at $10.85 after a transfer of 996 units, Medical Disposables shed 10 cents to end at $1.80 with traders dealing in 1,000 stocks. Paramount Trading declined 11 cents to $1.02 with 658 units crossing the market, Regency Petroleum climbed 33 cents and ended at $3.18 with investors dealing in 327,505 shares and tTech popped 32 cents to close at $2 with 74,807 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 7,122,679 shares for $7,747,839, after sliding from 7,960,170 units at $13,236,337 on Monday.
The Junior Market ended trading with an average PE Ratio of 13.3, 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.
KLE Group sank 14 cents to finish at 90 cents with investors trading 34 shares, Knutsford Express dropped 70 cents and ended at $10.29 in an exchange of 1,616 stocks, Limners and Bards advanced 11 cents to close at $1.03 with traders dealing in 149,436 units. Mailpac Group lost 30 cents to $2.49 after a transfer of 28,552 stock units, Main Event declined 10 cents to finish at $7 as investors exchanged 3,743 shares, Medical Disposables popped 24 cents and ended at $1.34 with 203 stocks crossing the market. Paramount Trading shed 22 cents in closing at $1.06 with an exchange of 25,578 units and Regency Petroleum rallied 6 cents to close at $3.94 with 3,998 stock units changing hands.