Junior Market trading closed on the Jamaica Stock Exchange on Tuesday, with a 117 percent rise in the volume of stocks traded, with 74 percent greater value than Monday following trading in 43 securities compared to 45 on Monday and ending with prices of 11 rising, 17 declining and 15 closing unchanged.
The market closed on Tuesday with an exchange of 10,370,207 shares for $19,439,494 versus 4,783,133 units at $11,166,537 on Monday.
Trading averaged 241,168 shares at $452,081 compared to 106,292 units for $248,145 on Monday with the month to date, averaging 172,197 units at $347,796 compared to May with an average of 451,257 units at $953,021.
Limners and Bards led trading with 2.40 million shares for 23.1 percent of total volume followed by Everything Fresh with 1.49 million units for 14.4 percent of the day’s trade, Dolla Financial ended with 1.36 million units for 13.1 percent market share and Paramount Trading with 1.15 million units for 11.1 percent of total volume.
At the close of trading, the Junior Market Index dropped 48.52 points to wrap up trading at 3,716.76.
The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Access Financial rose 25 cents and ended at $20, with just two shares crossing the exchange, Blue Power dipped 22 cents to $2.83 in trading 83,468 stocks, Caribbean Cream rallied 10 cents to end trading at $4.45 after an exchange of 4,109 shares. Derrimon Trading fell 28 cents to $1.93 with 8,717 stock units crossing the market, Dolphin Cove declined 50 cents to close at $23.50 with investors transferring 6,552 shares, Everything Fresh lost 11 cents to finish at $1.70 after 1,494,354 units passed through the market. Future Energy slipped 10 cents and ended at $3.25 with investors trading 844,623 stocks, Honey Bun popped 10 cents to $7.90, with 37,631 stock units changing hands, Indies Pharma sank 20 cents in closing at $2.50 with a transfer of 974 shares.
Jamaican Teas skidded 10 cents to finish trading of 9,300 stocks at $2.40, Knutsford Express shed 15 cents to end at $11.25 in an exchange of 10,011 stocks, Lasco Financial increased 9 cents to close at $1.60 with traders dealing in 60,937 stocks. Main Event climbed 40 cents to close at $13 in switching ownership of just one share, MFS Capital Partners gained 20 cents in closing at $1.37 as investors exchanged 520,355 stocks, Regency Petroleum rallied 11 cents to $2.22 after closing with an exchange of 3,089 units and tTech increased 21 cents to finish at $2.35 with an exchange of 5 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 dropped 3,692.26 points to close at 330,663.38, the All Jamaican Composite Index dropped 1,399.25 points to end at 358,765.12, the JSE Main Index sank 3,498.91 points to close trading at 317,915.41. The Junior Market Index declined 48.52 points to lock up trading at 3,716.76 and the JSE USD Market Index popped 0.03 points to settle at 230.88.
In the preference segment, Eppley 7.50% preference share climbed $1.28 to finish at $7.48, Eppley 7.75% preference share dipped 85 cents to end at $19.15, Jamaica Public Service 7% gained 71 cents to close at $41.50. 138 Student Living preference share lost $2.12 to close at $187.88 and Productive Business Solutions 9.75% preference share popped $11.10 to end at $113.50.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
At the close of trading, the Junior Market Index dipped 71.22 points to finish at 3,765.28.
At the close, Access Financial declined $1.25 and ended at $19.75 as investors exchanged 1,274 stocks, Blue Power fell 40 cents to $3.05 with a transfer of 30,675 units, Caribbean Assurance Brokers shed 10 cents in closing at $3.73 after investors ended trading 494,204 shares. Caribbean Cream increased 35 cents to close at $4.35 in an exchange of 80,145 stock units, Dolphin Cove lost 85 cents to finish at $24 with 18,663 shares clearing the market, Express Catering dipped 19 cents to $3.81 in switching ownership of 229,621 stocks. Fontana popped 17 cents in closing at $8.10 after a transfer of 43,107 units, Fosrich sank 15 cents to $2.15 with 74,339 stock units crossing the exchange, Future Energy dropped 14 cents to close at $3.35, with investors dealing in 90,010 shares following the release of full year results, with 2024 profit coming out lower than the prior year. GWest Corporation rallied 10 cents to finish at 95 cents and closed with an exchange of 21,374 stocks, Honey Bun shed 10 cents and ended at $7.80 with 12,422 units changing hands, Iron Rock Insurance rose 8 cents to end at $2.18 after 12 stock units passed through the market.
ISP Finance climbed $1.99 in closing at $26 with investors swapping a mere 3 shares, JFP Ltd slipped 13 cents to $1.15 in an exchange of 275,993 stock units, Lasco Financial fell 17 cents to finish at $1.51, with 158,748 units changing hands. Limners and Bards gained 12 cents and ended at $1.50 with investors trading 1,063,181 stocks, Main Event dipped 40 cents to end at $12.60, with 26,210 shares crossing the market, Regency Petroleum sank 27 cents to close at $2.11 with traders dealing in 10,483 stocks. Spur Tree Spices advanced 9 cents to $2.36, with 282,420 units crossing the market, Stationery and Office Supplies skidded 7 cents in closing at $1.65 after an exchange of 6,974 stock units, Tropical Battery lost 11 cents and ended at $2.09 with investors transferring 59,741 shares and tTech slipped 35 cents to close at $2.14 after exchanging 3,334 stock units.
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 declined 1,439.06 points to 334,355.64, the All Jamaican Composite Index shed 859.63 points to end at 360,164.37, the JSE Main Index lost 983.38 points to end at 321,414.32. The Junior Market Index dived 71.22 points to finish at 3,765.28 and the JSE USD Market Index declined 8.50 points to cease trading at 230.85.
In the preference segment, Eppley 7.75% preference share popped $1.50 to $20, Jamaica Public Service 7% shed $7.20 to close at $40.79 and 138 Student Living preference share climbed $5 and ended at $190.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Other stocks with notable price movements are tTech with a 13 percent rise to $2.45 followed by AMG Packaging, which climbed 6 percent to $3.25, while Access Financial and Edufocal rose 5 percent to $21 and 84 cents respectively.
The Main Market ICTOP10 is projected to gain an average of 296 percent by May 2025, based on 2024 forecasted earnings and providing better values than the Junior Market with the potential to achieve 207 percent over the same period.
ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
The dividend yields 4.8 percent based on Thursday’s closing price of $3.15 and four percent based on Friday’s closing of $3.83, almost twice the junior Market average of 2 percent.
Trading ended with 14,832,174 shares for $31,162,735 up from 13,020,959 units at $28,069,231 on Thursday.
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 the financial years ending around August 2025.
Iron Rock Insurance fell 8 cents to $2.10 with an exchange of 1,536 shares, JFP Ltd climbed 9 cents to close at $1.28 with 1,680,756 stocks crossing the market, Limners and Bards dipped 20 cents to $1.38 with investors dealing in 1,000 shares. Main Event rallied 50 cents to end at $13 with just 705 stock units crossing the market, Medical Disposables gained 22 cents in closing at $2.20 after an exchange of 452 stocks, Regency Petroleum rose 20 cents to finish at $2.38 and closed with an exchange of 3,444,639 units. Spur Tree Spices sank 18 cents and ended at $2.27 in trading 518,539 stocks, Stationery and Office Supplies rose 7 cents to $1.72 after a transfer of 2,455,914 stock units and tTech rallied 23 cents in closing at $2.49 with investors swapping 4,210 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market indices were pushed much higher in the last two minutes of trading above attractive gains posted well ahead of the close with trading which ended with 23,455,159 shares valued at $85,644,579 in the last 13 minutes of market activity.
In the Junior Market, Regency Petroleum led trading with 3.44 million shares followed by Stationery and Office Supplies with 2.46 million stocks, ONE on ONE Educational with 2.19 million units and JFP Ltd with 1.68 million stock units.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
The market closed with trading of 13,020,959 shares for $28,069,231 up from 5,995,192 units at $11,052,592 on Wednesday.
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 the financial years ending around August 2025.
Honey Bun rose 20 cents to $7.90, with 36,374 stocks crossing the market, Indies Pharma lost 20 cents to finish at $2.50 with an exchange of 37,141 stock units, ISP Finance shed $1.99 and ended at $24.01 after 377 shares were traded. Main Event fell 55 cents to end at a 52 weeks’ low of $12.50 after an exchange of 32,794 stock units, Medical Disposables skidded 22 cents in closing at $1.98, with 1,523 stocks crossing the market, MFS Capital Partners sank 21 cents to close at $1.16 in switching ownership of 179,599 units. ONE on ONE Educational gained 12 cents to $1.05 after 2,210,775 shares crossed the exchange and tTech popped 10 cents in closing at $2.26 with investors dealing in 225 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 climbed 277.35 points to 332,927.92, the All Jamaican Composite Index gained 126.07 points to wrap up trading at 356,956.15, the JSE Main Index rose 207.13 points to end at 319,967.41. The Junior Market Index rallied 11.30 points to end at 3,759.44 and the JSE USD Market Index dipped 0.57 points to conclude trading at 241.53.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 on 2023-24 earnings and 13.5 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.