Trading dips on the Junior Market


Trading activity closed on the Junior Market of the Jamaica Stock Exchange on Friday, with a minor decline in the volume of stocks traded, after 16 percent less funds passed through the market than compared with Thursday. Trading ended with an exchange of 41 securities, down from 43 on Thursday, after ending with prices of 10 rising, 17 declining and 14 closing unchanged.

The market closed with trading of 9,975,110 shares for $13,356,995 after slipping from 9,466,427 units at $15,868,946 on Thursday.
Trading averaged 243,295 shares at $325,780 compared to 220,149 units for $369,045 on Thursday. Trading for the month to date ended with an average of 218,225 units at $321,937, to be in close alignment with 216,418 stock units at $321,660 on the previous day and October with an average of 191,865 shares at $349,252.
JFP led trading with 2.36 million shares for 23.7 percent of total volume, followed by One Great Studio ended with 2.0 million stocks unit for 20 percent of the day’s trade and Omni Industries, with 1.24 million stock units for 12.4 percent of the day’s trade.
At the close of trading, the Junior Market Index dipped 10.23 points to settle at 3,337.50. The Investor’s Choice bid-offer indicator shows three 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 11.8, based on the last traded price, in conjunction with earnings projected computed by the ICInsider.com for financial years ending around August 2026.
At the close of the market, AMG Packaging fell by 19 cents to $2.10, with 2,590 shares clearing the market, Blue Power rallied 19 cents to $3.59, with investors trading 379 units, Caribbean Cream shed 29 cents to finish at $2.11, with 47 shares changing hands. Dolphin Cove sank 45 cents and ended at $11.55 with investors trading 8,142 stocks, Honey Bun declined 57 cents to end at $6.93 after 177,579 units crossed the market, Iron Rock Insurance increased 52 cents to close at $3.48 with 208 shares switching ownership of 208 shares. Jetcon Corporation lost 8 cents to $1.50 as investors exchanged 1,024 stock units, JFP dropped 9 cents to 51 cents in the trading of 2,360,605 shares, Knutsford Express climbed 10 cents in closing at $13.10 after 1,614 units passed through the market. Lasco Financial fell 15 cents to end at $1.80 in an exchange of 6,650 stocks, Medical Disposables slipped 14 cents to close at $1.55, with 5 units being traded, Spur Tree Spices skidded 8 cents to finish at $1 with a transfer of 584,153 shares and Stationery and Office Supplies dipped 8 cents and ended at $1.66 with investors dealing in 8,030 stock units.

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

About IC Insider.com