The Junior Market bounce


The Junior Market of the Jamaica Stock Exchange bounced on Friday, even as the level of trading fell with a 48 percent fall in the volume of stocks traded, with a 54 percent lower value than Thursday following trading in 46 securities down from 48 on Thursday and ending with prices of 23 rising, 17 declining and six closing unchanged and ending with the Junior Market Index rinsing 36.02 points to end at 3,639.76, after recovering more than half of Thursday’s loss.

The market closed with trading of 2,338,924 shares for $4,304,371 down from 4,463,393 stock units at $9,427,510 on Thursday.
Trading averaged 50,846 shares at $93,573 a fall from 92,987 stocks at $196,406 on Thursday with the month to date, averaging 308,864 units at $875,024 compared to 327,352 stock units at $931,016 on the previous day and November with an average of 309,920 shares at $766,307.
Kintyre Holdings led trading with 511,162 shares for 21.9 percent of total volume followed by Fosrich with 256,386 units for 11 percent of the day’s trade and Tropical Battery with 221,030 stock units for 9.5 percent market share.
At the close of trading, the Investor’s Choice bid-offer indicator shows six stocks ended 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 last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial increased 42 cents to $18.02 with investors trading just 152 shares, CAC 2000 popped 16 cents in closing at $2.36 following an exchange of 1,225 stocks, Cargo Handlers slipped 38 cents to close at $10.51 with a transfer of 450 shares. Caribbean Flavours fell 16 cents to end at $1.20 with 64,787 stock units crossing the exchange, as Derrimon Trading gained 7 cents and ended at $1.90 in trading 95,920 shares, Dolphin Cove rose 30 cents to finish at $18.30 after 30,562 stock units passed through the market. Elite Diagnostic sank 16 cents to $1.83 after a transfer of 10,000 units, Everything Fresh shed 10 cents to end at $2.10 with 22,356 stocks crossing the market, Express Catering lost 14 cents in closing at $3.16 with an exchange of 2,835 units. Fosrich climbed 10 cents to close at $2.16 with 256,386 stocks crossing the market, GWest Corporation skidded 7 cents and ended at 90 cents as investors exchanged 1,034 shares, Indies Pharma sank 19 cents to finish at $3.20 after closing with 57,854 stock units changing hands. ISP Finance climbed $3.52 to $23.49 with an exchange of 5 shares, Jamaican Teas rallied 7 cents and ended at $2.19 with investors dealing in 3,506 units, Kintyre Holdings rose 9 cents in closing at 48 cents in switching ownership of 511,162 stock units. Knutsford Express advanced $2.10 to close at $12.57 with investors swapping 5,365 stock units, Limners and Bards popped 16 cents to finish at $1.44 in an exchange of 20,140 shares, Main Event dipped 10 cents to end at $10.80 with 635 stock units clearing the market. Medical Disposables increased 18 cents to $1.88 in trading 62,929 stocks, Regency Petroleum climbed 14 cents to close at $3.14 after an exchange of 548 units and Spur Tree Spices gained 13 cents and ended at $2.04 with investors trading 104,282 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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