Trading dropped back on the Junior Market


Trading activity closed on the Jamaica Stock Exchange Junior Market on Monday, with the volume of stocks traded falling 76 percent, with a 73 percent lower value than the huge Elite Diagnostic boosted trades on Friday. Similar to Friday, the market closed with an exchange of 44 securities, with 23 rising, 13 declining, and eight closing unchanged, resulting in the market index closing the day higher.

Trading closed with 25,037,877 shares changing hands for $42,500,415, down from 104,133,196 units at $154,779,129 on Friday.
Trading averaged 569,043 shares at $965,919, compared to 2,366,664 stock units at $3,517,707 on Friday, with the month to date, averaging 433,821 units at $676,565 compared to 426,547 stock units at $661,000 on the previous day and July, with an average of 280,479 shares at $401,436.
Derrimon Trading led the market, with 3.92 million shares for 15.6 percent of total volume followed by Fosrich with 3.68 million stocks for 14.7 percent of the day’s trade, ONE on ONE Educational closed with 2.92 million shares for 11.7 percent of the volume traded, Jamaican Teas delivered 2.41 million units for 9.6 percent of the day’s trades, Future Energy ended with 2.15 million units for 8.6 percent of traded volume and Stationery and Office Supplies with 1.86 million units for 7.4 percent of market share.
At the close of trading, the Junior Market Index advanced 19.11 points to 3,001.17. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.5. ICInsider.com compiles the PE ratios, derived by dividing the last traded price stocks by earnings per share for companies with their fiscal year ending around August 2027.
At the close of the market, Access Financial increased by $1.19 and ended at $19.80, with 902 stock units crossing the market, Blue Power climbed 25 cents to $3.50 after trading of 304 shares, Cargo Handlers rose 90 cents to $16.40, with the trading of 472 stock units. Caribbean Cream rose 47 cents to close at a 52 weeks high of $2.80 after an exchange of 23,389 units, Elite Diagnostic popped 10 cents to end at $1.60, after 64,855 stocks passed through the market, Fontana gained 29 cents to close at $6.49 after the trading of 71,243 units. Fosrich advanced 16 cents to $1.41, with 3,679,748 shares, crossing the market, Future Energy declined by 15 cents to $3.65, with trading of 2,152,902 shares, Honey Bun dipped 63 cents to close at $5.35 after an exchange of 7,200 shares. Image Plus climbed 5 cents to finish at $1.17 in trading 66,628 stock units, Indies Pharma fell 6 cents to close at $2.65 after an exchange of 296,689 units, Jetcon Corporation declined 21 cents to end at $3.77 with investors trading 205,746 stock units. KLE Group increased 9 cents to $1 in an exchange of 9,972 shares, Limners and Bards lost 10 cents to finish at $1 and closed with an exchange of 40,685 stock units, Lumber Depot advanced 5 cents and ended at $2.70 with a transfer of 1,523,722 stocks. Mailpac Group rose 19 cents to close at $2.55, with 313,713 units changing hands, Main Event dropped 5 cents to end at $3.95, with 671 shares crossing the exchange and Regency Petroleum shed 9 cents in closing at $4.30 after a transfer of 16,122 shares.
Prices of securities trading are those of the last transaction.

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