Trading dropped on Junior Market

Investors traded far fewer stocks on Tuesday closed on the Junior Market of the Jamaica Stock Exchange than on Monday, with a 66 percent decline in the volume traded, with a 65 percent lower value than Monday with trading in 42 securities compared with 46 on Monday and ending with prices of eight rising, 22 declining and 12 closing unchanged.
The market closed with trading of 5,999,057 shares with a value of  $11,692,307 compared to 17,393,006 units at $33,138,784 on Monday.
Trading averaged 142,835 shares at $278,388 compared to 378,109 units at $720,408 on Monday with the month to date, averaging 240,270 units at $501,803 compared to 287,854 stock units at $610,913 on the previous day and February with an average of 253,246 units at $637,481.
EduFocal led trading with 2.37 million shares for 39.4 percent of total volume followed by Regency Petroleum with 681,910 units for 11.4 percent of the day’s trade and One Great Studio with 599,993 units for 10 percent market share.
At the close of trading, the Junior Market Index lost 0.32 points to end at 3,832.74.
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 the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Blue Power lost 18 cents to end at $3.05 with investors trading 150 stock units, Express Catering dipped 28 cents to end at $3.66, with 37,038 shares crossing the exchange, Fontana fell 15 cents in closing at $9.30 with traders dealing in 65,479 stocks. Fosrich increased 9 cents and ended at $2.21, with 434,051 units changing hands, GWest Corporation climbed 12 cents to close at $1 in trading 86,463 stocks, Indies Pharma popped 13 cents to $2.70 after a transfer of 11,479 units. Jetcon Corporation shed 14 cents in closing at 85 cents as investors exchanged 1,555 shares, Knutsford Express dropped 38 cents to close at $11.60 with a transfer of 170 stock units, Lasco Manufacturing sank 13 cents to $5.40 while exchanging 119,614 shares. Limners and Bards declined 35 cents to end at $1.50 with 12,749 stocks clearing the market, Lumber Depot advanced 23 cents in closing at $2.83 after an exchange of 1,000 units, Mailpac Group rose 11 cents to $2.20 with investors dealing in 30,795 stock units. ONE on ONE Educational skidded 6 cents and ended at 93 cents in an exchange of 44,067 shares, Regency Petroleum fell 18 cents to close at $2.17 with 681,910 units crossing the market, Spur Tree Spices dropped 18 cents to end at $2.42 after an exchange of 150,911 stocks. Tropical Battery lost 8 cents to $2.32, with 61,555 stock units crossing the market and tTech declined 45 cents and ended at $2 with investors transferring 31,023 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.