Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with a 49 percent decline in the volume of stocks traded at a 42 percent lower value than on Wednesday with trading in all listed 48 Junior Market securities up from 46 previously and ending with prices of 15 rising, 21 declining and 12 closing unchanged, resulting in a dip in the market index.
The market closed with trading of 4,082,483 shares valued $8,098,206 down from 8,063,040 stock units at $14,011,886 on Wednesday.
Trading averaged 85,052 shares at $168,713 well off the average of 175,283 stocks at $304,606 on Wednesday with the month to date, ending with an average of 164,175 units at $368,769 compared to 171,354 shares at $386,922 on the previous day and September with an average of 419,421 units at $774,292.
One Great Studio led trading with 675,590 shares for 16.5 percent of total volume followed by Dolla Financial with 551,601 units for 13.5 percent of the day’s trade and EduFocal with 424,289 stock units for 10.4 percent market share.
At the close of trading, the Junior Market Index skidded 24.37 points to finish at 3,704.02, with the Investor’s Choice bid-offer indicator flashing negative signals at the close.
The Junior Market ended trading with an average PE Ratio of 12.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and six with lower offers.
At the close of market activities, Access Financial dropped $2.46 to finish at $18.22 with 23 shares clearing the market, Blue Power advanced 9 cents to $3.98 with investors swapping 775 stocks, CAC 2000 popped 24 cents in closing at $2.65 with 33 shares crossing the market. Cargo Handlers shed 9 cents to end at $11.80 with traders dealing in 802 stock units, Caribbean Assurance Brokers lost 10 cents and ended at $3.20 after an exchange of 94,169 shares, Caribbean Cream skidded 29 cents to close at $3.16 with investors trading 10,004 stock units. Dolphin Cove climbed 34 cents to $20.19 with an exchange of 21,388 stocks, Everything Fresh sank 20 cents to $2.19 after 6,702 units passed through the market, Fontana dipped 16 cents to close at $7.86 with a transfer of 52,624 shares. Honey Bun fell 13 cents to end at $8.25 with investors dealing in 7,335 stocks, Image Plus climbed 15 cents in to $1.68 in an exchange of 105,207 units, Iron Rock Insurance declined 33 cents to finish.
at $3.66 with 27,003 stock units changing hands. KLE Group rose 12 cents and ended at $1.20 in trading 8,299 shares and Tropical Battery rallied 7 cents to $2.57 after an exchange of 55,251 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading the JSE Combined Market Index rose 1,760.76 points to 326,230.15, the All Jamaican Composite Index jumped 3,577.52 points to end trading at 358,937.25, the JSE Main Index popped 2,012.28 points to 313,186.67, the Junior Market Index shed 22.73 points to 3,728.39, and the JSE USD Market Index skidded 0.95 points to close at 221.29.
The market’s PE ratio, the most popular measure used to value stocks, ended at 21.3 based on 2023-24 earnings and 13 based on 2024-25 projected earnings. The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated data to help decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
The market closed with trading of 8,243,054 shares for $22,444,796 compared with 4,540,755 units at $8,078,268 on Monday.
Elite Diagnostic dipped 9 cents in closing at $2.40 with 2,804 shares changing hands, Future Energy sank 10 cents to close at $3.50 with investors dealing in 139,537 units. Iron Rock Insurance rose 60 cents to $4 with 115,874 stocks crossing the exchange, Main Event rallied 29 cents to end at $11.59 with investors swapping 2 stock units, Medical Disposables increased 19 cents in closing at $2.39 after 363 shares passed through the market. MFS Capital Partners declined 12 cents and ended at 72 cents with 13,810 stock units changing hands and Regency Petroleum climbed 7 cents to close at $2.82 with investors trading 50,002 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, the JSE Combined Market Index shed 2,096.14 points to 323,574.82, the All Jamaican Composite Index skidded 1,331.62 points to close trading at 356,654.64 and the JSE Main Index sank 2,353.97 points to 310,266.31. The Junior Market Index rose 21.52 points to end at 3,747.45 and the JSE USD Market Index rallied 1.68 points to end the day at 222.28.
In the preferred segment, Eppley 7.50% preference share slipped 99 cents to $5.61 and Sygnus Credit Investments C10.5% sank $2 to end at $103.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The market closed with trading of 4,540,755 shares valued $8,078,268, up from 2,465,676 units at $4,887,449 on Friday.
The Junior Market ended trading with an average PE Ratio of 11.7, based on the last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Jamaican Teas advanced 7 cents to close at $2.31 with a mere 10 units clearing the market, Knutsford Express dropped 11 cents to finish at $12.44 in an exchange of 5,963 stocks. Limners and Bards rose 25 cents to $1.50 with investors trading 37,990 shares, Lumber Depot fell 15 cents to end at $2.75 in an exchange of 264,220 stock units, Main Event climbed 30 cents in closing at $11.30 with investors dealing in 340 units. Medical Disposables dipped 23 cents to close at $2.20 after the trading of 2,097 stocks, MFS Capital Partners increased 14 cents to finish at 84 cents with 144,073 units crossing the exchange, Regency Petroleum sank 7 cents and ended at $2.75 with a transfer of 73,909 stocks and Tropical Battery slipped 14 cents to $2.46 after an exchange of 8,560 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market ended with 2,576,485 shares trading at $4,262,470 down from 9,854,162 units at $24,889,108 on Tuesday.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and four with lower offers.
Jetcon Corporation fell 5 cents to close at 85 cents in switching ownership of 500 stocks, Mailpac Group skidded 8 cents to finish at $2.07 after an exchange of 119,499 stock units. Main Event sank 50 cents to close at $12, with 552 shares crossing the market, Regency Petroleum popped 14 cents to finish at $2.40 with investors swapping 19,551 units, Spur Tree Spices slipped 5 cents and ended at $2.10 in an exchange of 8,170 stock units. Stationery and Office Supplies advanced 5 cents to close at $1.69 after investors ended trading 240 stock units and tTech lost 29 cents to end at $2.65 as investors exchanged 50 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index fell 752.92 points to close at 325,559.99, the All Jamaican Composite Index slipped 1,518.48 points to 353,242.66, the JSE Main Index slipped 863.93 points to 313,064.12. The Junior Market Index rose 10.46 points to 3,651.22 and the JSE USD Market Index advanced 1.67 points to cease trading at 228.02.
In the preference segment, Sygnus Credit Investments C10.5 percent popped $9.04 to end at $100.
Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The market closed on Tuesday with trading of 9,854,162 stock units for $24,889,108 compared to 4,251,907 shares at $5,779,055 on Monday.
The Junior Market ended trading with an average PE Ratio of 12.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Honey Bun fell 30 cents to $8.25 in trading 9,696 units, Indies Pharma skidded 30 cents to close at $2.30, with 158,642 stock units crossing the exchange, following the lifting of the suspension of trading, Iron Rock Insurance increased 12 cents to finish at $2.30 with traders dealing in just one stock with the company posting big gains in profit for the 2023 fiscal year and the first quarter to March. ISP Finance lost $5 and ended at $20, with 2,000 stocks clearing the market, JFP Ltd declined 10 cents in closing at $1.04 with an exchange of 2,402,260 units, Limners and Bards dipped 9 cents to end at $1.50 after investors ended trading 5,000 stock units. Main Event fell 20 cents in closing at $12.50 with a transfer of 30,021 shares and Regency Petroleum dropped 14 cents to $2.26, with 24,424 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.