Trading dived on the Junior Market

Trading activity dropped on the Junior Market of the Jamaica Stock Exchange Friday, with a 43 percent decline in the volume of stocks traded, valued 46 percent less than Thursday’s activities with trading in 40 securities, down from 45 on Thursday and ending with prices of 13 rising, 12 declining and 15 closing unchanged.
The market closed with trading of 9,139,069 shares for $21,594,905 compared with 16,085,055 stock units at $39,911,900 on Thursday.
Trading averaged 228,477 shares at $539,873 compared to 357,446 units at $886,931 on Thursday with the month to date, averaging 586,188 stocks at $948,774 compared to 621,430 shares at $989,060 on the previous day and with August that averaged 389,714 units at $570,529.
Indies Pharma led trading with 3.54 million shares for 38.7 percent of total volume followed by Future Energy with 809,371 units for 8.9 percent of the day’s trade and RA Williams with 643,741 stocks for 7 percent market share.
At the close of trading, the Junior Market Index slipped 5.71 points to end at 3,629.29.
The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close of trading, AMG Packaging advanced 15 cents to close at $2.76 with investors swapping 3,191 stock units, Caribbean Assurance Brokers rose 28 cents to $3.50 after an exchange of 3,000 shares, Derrimon Trading dipped 9 cents in closing at $1.86 after 37,569 stock units passed through the market. Elite Diagnostic climbed 9 cents to end at $1.75 in switching ownership of 43,397 stocks, Fontana sank 55 cents to finish at $7.60 as investors exchanged 265,878 units, Image Plus shed 16 cents and ended at $1.54 after closing with an exchange of 44,069 stocks. Indies Pharma increased 20 cents to $3 after an exchange of 3,540,090 shares, Jamaican Teas popped 11 cents and ended at $2.31 with 537,727 stock units crossing the market, Knutsford Express dropped 84 cents to end at $10 after a transfer of 475 shares. Lasco Financial fell 13 cents in closing at $1.60 after trading of 81,363 stocks, Limners and Bards slipped 18 cents to close at $1.32 after an exchange of 16,090 units, Main Event rallied $1.72 to finish at $14.14 with a transfer of 2,578 stock units. Spur Tree Spices gained 18 cents to $2.13 with 458,322 shares changing hands, Stationery and Office Supplies lost 10 cents to close at $1.58 with investors trading 548,510 stocks and Tropical Battery declined 10 cents to finish at $2.30 with an exchange of 244,785 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.