Falling stocks pressured the Junior Market of the Jamaica Stock Exchange with a big 54.91 points slide on Friday, to close at 3,639.67, following Lasco Financial accounting for nearly 60 percent of the volume that passed through the market, with trading of 44 securities, down from 46 on Thursday and ending with prices of 15 rising, 18 declining and 11 ending unchanged following a 67 percent drop in the traded volume, having a 62 percent lower value than Thursday.
The market closed with trading of 10,298,749 shares for $15,816,287 compared with 31,160,385 stock units at $41,334,468 on Thursday. Trading averaged 234,062 stocks at $359,461 compared to 677,400 shares for $898,575 on Thursday with the month to date, averaging 334,927 stock units at $603,852 compared with 344,021 shares at $625,888 on the previous day and December that ended with an average of 326,483 stock units at $898,324.
Lasco Financial led trading with 6.03 million shares for 58.5 percent of total volume followed by Kintyre Holdings with 1.43 million stock units for 13.8 percent of the day’s trade and Everything Fresh ending with 525,576 stocks for 5.1 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.The Junior Market ended trading with an average PE Ratio of 12.9, based on the last traded prices of stocks with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading activity, AMG Packaging popped 8 cents to close at $3.28 with a mere 191 stock units crossing the market, CAC 2000 rose 14 cents to $2.30 with investors trading 311 shares, Cargo Handlers dipped 67 cents to end at $12.01 after exchanging of 184 units. Caribbean Cream dropped 42 cents and ended at $2.77 with 1,944 stocks crossing the market, Elite Diagnostic advanced 9 cents to end at $1.79 with traders dealing in 2,709 units, Everything Fresh sank 18 cents to close at $1.85 in an exchange of 525,576 shares. Express Catering slipped 14 cents to $3.11 with investors swapping 1,947 stock units, Fosrich lost 10 cents to end at $2.15 with 210,984 stocks crossing the exchange, GWest Corporation dipped 9 cents to finish at 87 cents with 491,713 shares switching owners. Honey Bun fell 10 cents to close at $8.40 with 21,884 units clearing the market, Medical Disposables skidded 23 cents to finish at $1.65 in trading 10,763 stock units, Regency Petroleum declined 8 cents and ended at $3.10 after an exchange of 55,064 stock units. Stationery and Office Supplies shed 7 cents to close at $1.49 with investors trading 416,145 shares and tTech popped 45 cents to finish at $2.03 after a transfer of just 28 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.