Investors knocked 94.85 points off the Junior Market Index, down to 3,340.03 in trading on the Junior Market of the Jamaica Stock Exchange on Monday, as investors moved to differentiate stocks set to benefit from the reconstruction of the damage caused by the recent hurricane and those that will suffer. In the process, two stocks set to benefit hit 52 weeks high as investors aggressively bought into them.
By the close, the market ended with a 75 percent decline in the volume of stocks traded, with 83 percent lower value than Friday, following trading in 45 securities compared with 42 on Friday and ending with prices of 10 rising, 22 falling and 13 closing unchanged.
The market closed after trading of 9,594,798 shares at $14,095,727, down sharply from 38,833,920 units at $84,315,909 on Friday, boosted by a 16.25 million trade in shares of AMG Packaging. Trading averaged 213,218 shares at $313,238 compared with 924,617 stocks at $2,007,522 on Friday compared to an average of 191,865 shares at $349,252 for October.
One company likely to benefit from demand in rebuilding the damage sections of Jamaica is Atlantic Hardware led trading, with 3.13 million shares for 32.6 percent of total volume followed by Kintyre Holdings that is likely to suffer from damage to billboards ended with 2.07 million units for 21.6 percent of the day’s trade and Lumber Depot that should benefit from reconstruction demand ended with 928,959 stocks for 9.7 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows 10 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 12.4, based on the last traded price, in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close, Access Financial dropped $2.27 to end at $17.21 with trading of a mere 105 shares, AMG Packaging sank 24 cents to $2.16 in an exchange of 3,736 stocks, Atlantic Hardware climbed 19 cents to a record high of $1.15 after investors grabbed 3,128,475 shares. Cargo Handlers, one of the companies that could benefit from increased demand for goods for reconstruction, declined $1.85 and ended at $11.13, with 838 units crossing the market, Caribbean Flavours sank 8 cents to finish at $1.52 with a transfer of 899 stocks, Derrimon Trading slipped 8 cents to close at $1.85, with 427,175 units crossing the exchange. Dolla Financial fell 8 cents to $2.56 with investors trading 113,100 stocks, Dolphin Cove increased 50 cents to end at $13 after an exchange of 7,371 shares, Express Catering popped 10 cents in closing at $3, with 49,703 stock units changing hands after investors cut the price from $3.65 before the hurricane, last week, in expectation of a slippage in business as tourist traffic could decline for a few months. Future Energy dropped 6 cents and ended at $3.05 after an exchange of 178,074 shares, GWest Corporation lost 10 cents to close at a 52 weeks low of 60 cents, with 57,129 stocks crossing the market, Honey Bun shed 10 cents to finish at $7.20 in an exchange of 16,495 stock units. Image Plus skidded 5 cents to 94 cents and closed with an exchange of 75,000 stock units, Indies Pharma rallied 14 cents to finish at $2.98, with 175,041 shares clearing the market, Lumber Depot rose 41 cents and ended at a 52 weeks high of $3.33 as investors exchanged 928,959 units. Main Event, a company to be negatively affected by reduced entertainment activity, fell 27 cents in closing at $6.67, after hitting an intraday 52 weeks low of $5.89, in switching ownership of 7,570 stocks, Medical Disposables dropped 27 cents to end at $1.42 with investors swapping 16,183 stock units, Regency Petroleum, the stock could suffer from decreased demand for fuel in western Jamaica, shed a huge 75 cents to close at $3.55 with an exchange of 513,486 shares and Spur Tree Spices lost 5 cents to $1 after 170,706 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading closed with a sharp jump in the number of shares changing hands to 38,833,920, valued at $84,315,909, which is well above the 8,369,275 stock units worth $15,674,660 on Thursday.
At the close of trading, Access Financial popped $2.27 to finish at $19.48 with investors trading just 476 shares, AMG Packaging gained 3 cents to close at $2.40 in an exchange of 16,249,970 stock units, Atlantic Hardware rose by 10 cents to 96 cents with trading of 222,839 shares. Caribbean Cream dropped 8 cents to close at $2.01 after a transfer of 4,500 stocks, Dolla Financial climbed 6 cents and ended at $2.64 in trading 1,396,377 units, Dolphin Cove sank $1.33 to end at $12.50 with 1,910 stocks crossing the market. Express Catering lost 40 cents to end at $2.90 with an exchange of 161,310 shares, Fosrich slipped 13 cents and ended at $2.20 with 3,676,468 stock units changing hands, Honey Bun fell 19 cents in closing at $7.30 with a transfer of 10,361 stock units. Indies Pharma skidded 15 cents to finish at $2.84 as investors exchanged 21,500 shares, Iron Rock Insurance sank 8 cents to end at $3.40 with 39 units crossing the market, ISP Finance increased 46 cents to close at $12.96 with traders dealing in 1,502 stocks. Jamaican Teas advanced 10 cents to $2.50 with 2,068,386 stock units crossing the exchange, JFP dipped 8 cents in closing at 60 cents after trading of 15,701 shares, KLE Group declined 15 cents and ended at 75 cents as traders exchanged 16,241 stock units.
The market closed with trading of 8,369,275 shares for $15,674,660, sliding from 13,876,969 units at $25,659,844 on Friday.
At the close of the market, Access Financial slipped 79 cents to $17.21 with a transfer of a mere 104 shares, AMG Packaging rose 13 cents to $2.37 with 3,021 stocks passing through the market, Atlantic Hardware lost 3 cents to end at 86 cents after trading of 81,040 shares. Cargo Handlers rallied 18 cents to $12.98 with 204 stocks crossing the market, Consolidated Bakeries popped 20 cents in closing at $1.90 with 10,214 stock units switching ownership, Derrimon Trading gained 6 cents to end at $1.91 with 2,574,178 shares clearing the market. Dolla Financial increased 3 cents in closing at $2.58 after a transfer of 162,020 stocks, Dolphin Cove sank 10 cents to $13.83 with 24,835 units crossing the exchange, Express Catering fell 35 cents to close at $3.30 in trading 10,642 stock units. Fontana dipped 9 cents to end at $9 as 21,462 shares changed hands, Fosrich climbed 3 cents to finish at $2.33 with traders dealing in 1,735,577 units, GWest Corporation sank 7 cents and ended at 70 cents after an exchange of 58 stocks.
The market closed with the trading of 13,876,969 shares at $25,659,844, much more than the 4,079,653 units that traded at $5,854,583 on Thursday.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
The market closed with trading of 4,079,653 shares for $5,854,583 compared with 2,091,513 units at $3,335,945 on Wednesday.
At the close of trading activity, Access Financial lost $1.65 and ended at $18 in an exchange of 410 shares, with offers of more than 100,000 shares at $19.50 and in excess of 10,000 at $18, overhanging the market, Cargo Handlers dropped 18 cents to $12.80 after 216 stocks were traded, Caribbean Assurance Brokers climbed 6 cents to finish at $1.94 in switching ownership of 6,850 shares. Dolla Financial rose 6 cents to close at $2.49 with investors dealing in 303,649 units, Dolphin Cove sank 9 cents in closing at $13.78 following the trading of 15,961 stocks, Express Catering advanced 20 cents to $3.35 with a transfer of 66,761 units. Fontana popped 6 cents to $9.10 as investors exchanged 68,507 stocks, Honey Bun skidded 11 cents in closing at $7.49 in trading 759 shares, ISP Finance fell 46 cents and ended at $12.50 with a mere one stock unit clearing the market. Jamaican Teas declined 7 cents to close at $2.24 with investors trading 1,895 shares, KLE Group rallied 7 cents to finish at 97 cents after 8 stocks crossed the exchange,
The market closed with trading of just 2,091,513 shares valued $3,335,945 compared with 4,213,080 units at $7,442,460 on Tuesday.
At the close of the market, Access Financial rallied 37 cents to $19.65, with 4,942 shares changing hands and 100,000 units on offer at $19.50, with limited stocks on the bid to buy. Blue Power rose 37 cents to $3.73 after an exchange of 21 stock units, Caribbean Assurance Brokers declined 7 cents and ended at $1.88, with 834 shares crossing the market. Caribbean Cream gained 5 cents to end at $2.10 after an exchange of 10,700 stocks, Consolidated Bakeries popped 23 cents in closing at $1.70, following trading of 248,965 stock units, Derrimon Trading sank 8 cents to close at $1.76 after a transfer of 8,211 shares. Elite Diagnostic increased 23 cents to $1.93 with traders dealing in 12,882 units, Express Catering lost 5 cents to finish at $3.15 as investors exchanged 1,840 stocks, Honey Bun dipped 10 cents and ended at $7.60 after 1,834 stock units passed through the market. Indies Pharma fell 5 cents in closing at $3 with investors dealing in 108,254 shares, ISP Finance climbed $1.66 to end at $12.96 in an exchange of just one stock unit,
The market closed with trading of 4,213,080 shares for $7,442,460 compared with 17,420,320 units at $21,581,720 on Friday.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
The market closed with trading of 17,420,320 shares for $21,581,720 compared with 9,306,236 units at $16,784,542 on Thursday.
The Junior Market ended trading with an average PE Ratio of 12.5, based on last traded prices, in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
The market closed with trading of 9,306,236 shares for $16,784,542, up from 8,628,228 stock units at $7,030,247 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 12.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
Trading activity was lackluster on Tuesday, with 6,126,623 shares for $6,907,098 changing hands, from 4,643,832 units at $8,363,353 on Monday.
At the close of the market, Access Financial dropped $1.35 to end at $17.93 in swapping 102 shares, AMG Packaging sank 21 cents to end at $2.23 after trading of 175,261 stocks, Cargo Handlers increased $1.85 to end at $12.98, after 33 units passed through the market. Caribbean Cream popped 19 cents in closing at $2.19 in an exchange of 101 shares, Consolidated Bakeries rallied 16 cents to finish at $1.61 with investors trading 85,335 stock units, Derrimon Trading rose 13 cents and ended at $1.84 in an exchange of 4,245 shares. Dolla Financial declined 5 cents to $2.45 and closed with an exchange of 283,236 stock units, Dolphin Cove sank 6 cents to end at $13.80 after a transfer of 4,072 stocks, Express Catering gained 10 cents in closing at $2.80 with investors dealing in 64,311 units. Image Plus advanced 6 cents and ended at 98 cents after an exchange of 25,983 stocks, Indies Pharma climbed 5 cents to finish at $3.05 with a transfer of 2,052 units, Iron Rock Insurance slipped 41 cents to close at $3.50 after an exchange of a mere one share.