Trading bounced on Junior Market


Trading bounced on the Junior Market of the Jamaica Stock Exchange on Wednesday, with the volume of stocks exchanged increasing by 76 percent, with 65 percent more value than Tuesday, following trading in 46 securities, slightly down from 48 on Tuesday and ended with prices of 16 rising, 20 declining and 10 closing unchanged.

The market closed with 8,794,095 shares trading for $16,465,937, far above the 4,991,142 stock units at $9,986,456 on Tuesday.
Trading averaged 191,176 shares for $357,955, up from the 103,982 stock units at $208,051 on Tuesday, with trading for the month to date, averaging 243,948 stock units at $796,075 compared with 253,581 shares at $876,049 on the previous day and March with an average of 307,021 shares at $759,432.
Kintyre Holdings led trading with 3.16 million shares for 36 percent of total volume, followed by Tropical Battery that ended with 824,338 units for 9.4 percent of the day’s trade and Dolla Financial with 798,934 stocks for 9.1 percent of the volume traded.
At the close of trading, the Junior Market Index fell 5.32 points to finish at 3,483.85. The Investor’s Choice bid-offer indicator shows 12 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 13.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, CAC 2000 increased 35 cents to finish at $2.65 with investors trading 10,600 shares, Cargo Handlers popped 61 cents and ended at $11.11 after a transfer of 484 units, Consolidated Bakeries declined 48 cents to a 52 weeks’ low of $1.50 with 12,994 stocks changing hands. Dolphin Cove sank $2.35 to close at $14 with 182,689 shares passing through the market, Fontana slipped 44 cents to end at $9.56 in an exchange of 284,687 stock units after trading at a 52 weeks’ intraday high of $10.50, GWest Corporation fell 9 cents in closing at 85 cents with traders dealing in 3,849 shares. Honey Bun gained 7 cents to close at $8 as investors exchanged 1,928 units, Indies Pharma dropped 44 cents to finish at $3.35 with 45,401 stocks clearing the market, ISP Finance rose $1.89 and ended at $14.99 with an exchange of 22 stock units, after trading at an intraday 52 weeks’ low of $10. Knutsford Express rallied 5 cents to end at $13.45 with 1,502 shares being traded, Lasco Financial lost 5 cents in closing at $1.64 with 526 units switching owners, Lumber Depot skidded 6 cents to close at $2.99 with investors swapping 63,821 stocks. Main Event climbed $1.02 to $10.36 with 45,840 stock units crossing the market, One Great Studio sank 7 cents to finish at 42 cents with investors dealing in 331,056 shares, Paramount Trading advanced 6 cents and ended at $1.05 after an exchange of 32 stock units. RA Williams dipped 8 cents to end at 60 cents in trading 100,000 stocks, Stationery and Office Supplies rose 7 cents in closing at $1.57 after an exchange of 58,243 units and Tropical Battery shed 19 cents to close at $1.81 with a transfer of 824,338 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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