The Junior Market of the Jamaica Stock Exchange closed on Friday, with a 71 percent decline in the volume of stocks traded, at a 47 percent lower value than Thursday, from activity in 41 securities similar to Friday and ended with prices of 18 rising, 15 declining and eight closing firm.
The market closed with trading of only 3,562,092 shares for a mere $7,189,357, down from 12,286,419 units at $13,554,086 on Thursday.
Trading averaged 86,880 shares at $175,350, well below the 299,669 stocks at $330,587 on Thursday, with the month to date, averaging 2,615,591 stock units at $1,471,728 compared to 3,458,494 stock units at $1,903,853 on the previous day and June that averaged 186,843 shares at $332,162.
Tropical Battery led trading with 710,115 shares for 19.9 percent of total volume, followed by Fosrich, with 622,637 units for 17.5 percent of the day’s trade and Future Energy with 354,171 stocks for 9.9 percent of the volume traded.
At the close of trading, the Junior Market Index slipped 3.84 points to 3,441.93. 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 14.1, 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, Access Financial rose 6 cents to end at $17.20, in trading 32,130 shares, Blue Power lost 58 cents to close at $4.60, after 10,928 stocks crossed the market, CAC 2000 climbed 5 cents to $1.85 with traders dealing in 29 units. Caribbean Cream sank 6 cents and ended at $2.40 with 846 shares clearing the market, Elite Diagnostic popped 12 cents to finish at $1.62 with an exchange of 15,864 stock units, Future Energy fell 6 cents to close at $2.91, with 354,171 shares changing hands. Indies Pharma shed 5 cents to $3.55 after an exchange of 17,420 stock units, Iron Rock Insurance sank $1 to close at $4.99 with a transfer of 23,965 units, ISP Finance increased $3.68 in closing at $15.08 as investors exchanged just two stock units. Jamaican Teas advanced 7 cents to finish at $2.35, and closed with an exchange of 12,377 shares, Jetcon Corporation gained 21 cents and ended at a 52 week high of $1.80 after an exchange of 79,531 stocks, Knutsford Express rallied 50 cents to end at $14 with investors dealing in 162 units. Lasco Financial declined 17 cents to $1.78 after an exchange of 56,068 stock units, Limners and Bards dipped 11 cents to close at $1.05 with investors trading 124,179 shares, Regency Petroleum skidded 34 cents in closing at $4.01, with 94,827 stocks crossing the exchange. Spur Tree Spices dipped 6 cents and ended at 91 cents after a transfer of 84,421 units and Stationery and Office Supplies rose 5 cents to finish at $1.85 in trading 9,025 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.