Trading dives on Junior Market


No trade in the Junior Market on the Jamaica Stock Exchange on Tuesday came close to the big $1 billion block of Cargo Handlers shares sold to Kingston Wharves on Monday, resulting in trading returning to more normal levels on Tuesday. Trading ended with 5,696,293 shares for $9,344,395, dropping steeply from 121,800,246 units at $1,116,355,270 on Monday, following an exchange of 41 securities compared with 42 on Monday and ending with prices of 15 securities rising, 14 declining and 12 closing unchanged.

The market closed, with trading averaging 138,934 shares at $227,912, far below 2,900,006 stock units at $26,579,887 on Monday. Trading for the month averaged 1,264,724 stock units at $3,087,781 compared with 1,375,947 stocks at $3,370,322 on the previous day, well below June, with an average of 186,843 shares at $332,162.
Spur Tree Spices led trading with 1.14 million shares for 20 percent of total volume, followed by RA Williams, with 1.10 million stock units for 19.3 percent of the day’s trade and Regency Petroleum with 778,464 stocks for 13.7 percent of the volume traded.
At the close of trading, the Junior Market Index dipped a mere 1.94 points to 3,388.10. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading, Access Financial dropped $3.96 to end at $16.03 with 4,014 shares passing through the market, Blue Power climbed 59 cents to $4.90 with investors dealing in 4,302 stocks, Cargo Handlers increased 75 cents and ended at $10.50 after an exchange of 32,983 shares. Caribbean Assurance Brokers fell 19 cents to finish at $1.80 with 1,437 stock units crossing the market, Dolphin Cove popped 21 cents to close at $13.90 as investors exchanged 601 units, Elite Diagnostic rallied 10 cents in closing at $1.61 after a transfer of 14,961 shares. Express Catering dipped 19 cents to $2.50 in trading 26,030 units, Fontana rose 10 cents and ended at $9 after traders exchanged 72,588 stocks, Future Energy sank 7 cents to close at $2.73 with investors transferring 381,175 stock units. Honey Bun shed 9 cents in closing at $7.91 as 107 shares passed through the market, Iron Rock Insurance lost 90 cents to end at $4 in an exchange of just 58 units, ISP Finance skidded $1.50 to finish at $12.50 with investors trading 815 stocks. Jamaican Teas slipped 7 cents and ended at $2.11 after an exchange of 151,687 stock units, Jetcon Corporation gained 5 cents to $2.10 with investors trading 41,175 shares, Main Event declined 10 cents to finish at $8.89 with traders switching ownership of 2,342 stocks. Medical Disposables advanced 24 cents to close at $1.74 with 52,301 units crossing the market, MFS Capital Partners slipped 5 cents in closing at 38 cents with investors swapping 164,004 stock units, Regency Petroleum popped 5 cents to end at $3.70 with 778,464 shares clearing the market. Spur Tree Spices sank 5 cents in closing at 91 cents with traders dealing in 1,141,331 units, Stationery and Office Supplies increased 18 cents to $1.78 after closing with an exchange of 3,403 stocks and Tropical Battery climbed 19 cents and ended at $2.05 with 304,818 stock units changing hands.

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

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