Trading dives on the JSE Junior Market


Trading dived on the Junior Market of the Jamaica Stock Exchange on Monday, with the volume of stocks traded declining 90 percent, with 53 percent lower value than on Friday, following an exchange of 44 securities, up from 41 on Friday and ending, with prices of 10 rising, 25 declining and nine closing unchanged and leading the market index downwards.

The market closed with trading of 28,777,773 shares for $24,506,811, after nosediving from 291,347,712 units at $52,382,016 on Friday, a day when Kintyre Holdings led trading with 281.30 million shares.
Trading on Monday ended with an average of 654,040 shares woth $556,973, after plummeting from 7,106,042 stock units at $1,277,610 on Friday, with the month to date, averaging 2,651,657 stock units at $2,842,335 compared to 2,858,469 stock units at $3,078,937 on the previous day and May, with an average of only 644,187 shares at $540,889.
Kintyre Holdings led trading with 14.88 million shares, well below the 281 million units of Friday, for 51.7 percent of total volume followed by Fosrich with 3.25 million stocks for 11.3 percent of the day’s trade, Stationery and Office Supplies closed with 2.70 million stock units for 9.4 percent of the volume traded, Jetcon Corporation chipped in with 2.08 million shares for 7.2 percent of the stocks changing hands, Woodcats International ended with 1.28 million stocks for 4.5 percent of the day’s trade and Caribbean Flavours with 1.24 million stock units for 4.3 percent of market share.
At the close of trading, the Junior Market Index sank 39.28 points to settle at 2,941.06. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.7. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, Atlantic Hardware fell 18 cents in closing at $1.50 with 784,146 shares crossing the market, Blue Power slipped 13 cents to end at $3.85 in switching ownership of 2,569 stocks, Cargo Handlers rallied 27 cents to close at $15.30 with just 321 shares changing hands. Caribbean Assurance Brokers fell 10 cents to $1.30 with an exchange of 4,654 stock units, Caribbean Cream dropped 25 cents to $1.25 with an exchange of 3,403 units, Caribbean Flavours lost 13 cents to close at $1 following trading of 1,238,643 shares. Dolphin Cove dipped 24 cents to $10.01 after a transfer of 14,612 units, Everything Fresh popped 6 cents to finish at $2.16 after a transfer of 5,000 stocks, Express Catering declined by 6 cents to $1.70 in an exchange of 18,391 stock units. Fontana advanced 10 cents to end at $6.60 with investors dealing in 13,496 shares, Fosrich declined 6 cents to $1.60 after an exchange of 3,246,564 stocks, Honey Bun shed 8 cents to settle at $5.77 with 2,051 units clearing the market. Indies Pharma skidded 10 cents to $2.60 with a transfer of 19,653 stock units, ISP Finance sank $1.76 and ended at $9.99 with only one share crossing the market, Jamaican Teas slipped 7 cents to finish at $2.17 following trading of 89,202 stocks. Jetcon Corporation declined 10 cents to close at $2.50 with 2,084,235 units crossing the exchange, Knutsford Express skidded 10 cents in closing at $8 with investors trading 469 stock units, Mailpac Group fell 15 cents to $2.30, with 17,448 shares passing through the market. Main Event dropped 80 cents in closing at $5.20 after an exchange of 8,400 stock units, Paramount Trading shed 12 cents to close at 93 cents with investors trading 65,085 shares, Regency Petroleum declined 19 cents to end at $4.31 in an exchange of 265,862 stocks and Stationery and Office Supplies lost 7 cents and ended at $1.53 as investors exchanged 2,701,657 shares.

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

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