Trading activity slipped on the Junior Market of the Jamaica Stock Exchange Friday, with a 17 percent decline in the volume of stocks traded with a four percent lower value than Thursday with trading resulting in 44 stocks trading as was the case on Thursday and ended with prices of 20 rising, 13 declining and 11 closing unchanged, with the market index closing lower for the day and 2.3 percent lower for the month.
The market closed with trading of 11,969,953 shares for $29,144,541 down from 14,349,215 stock units at $30,292,181 on Thursday. Trading ended with an average of 272,044 shares at $662,376 compared with 326,119 stock units at $688,459 on Thursday with the month to date, averaging 309,920 units at $766,307 compared to 311,801 stock units at $771,468 on the previous day and October with an average of 196,034 shares at $399,810.
The market closed with Jamaican Teas leading trading with 2.50 million shares for 20.9 percent of total volume followed by Regency Petroleum with 2.16 million stocks for 18 percent of the day’s trade, Stationery and Office Supplies with 1.65 million units for 13.8 percent market share, Fosrich with 1.58 million shares for 13.2 percent of the total trade and Dolla Financial with 1.24 million units for 10.4 percent of total volume.At the close of trading, the Junior Market Index sank 10.13 points to 3,722.52. The Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.1, 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 rallied 8 cents to $19.98, with 785 stock units crossing the exchange, AMG Packaging slipped 10 cents in closing at $2.87 with investors dealing in 55,025 shares, Cargo Handlers sank 38 cents to close at $12, with 503 units crossing the market. Express Catering rose 10 cents to finish at $3.45 after an exchange of 153,793 stocks, Future Energy climbed 13 cents and ended at $3.90, closing with 626,843 units changing hands, Honey Bun increased 16 cents to end at $8.37 with an exchange of 1,193 stocks. Indies Pharma popped 12 cents to $3.15 after 121,651 shares passed through the market, JFP Ltd gained 7 cents in closing at $1.03 with investors swapping 199,878 stock units, KLE Group declined 35 cents to end at $1.05 after an exchange of 680 shares. Medical Disposables shed 30 cents and ended at $1.70, with 18,000 stocks crossing the market, Paramount Trading dropped 22 cents to close at $1.05 as investors exchanged 26,604 units, Regency Petroleum advanced 15 cents to finish at $3.20 after a transfer of 2,158,054 stock units and Stationery and Office Supplies rose 18 cents and ended at $1.68 with 1,654,271 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.