Trading drops on JSE Junior Market


Trading activity closed on the Junior Market of the Jamaica Stock Exchange on Thursday, with a 40 percent decline in the volume of stocks traded, at a 39 percent lower value than on Friday, after trading resumed following three days of closure following the passage of Hurricane Melissa through the island. Trading resulted in activity in 39 securities compared with 40 on Friday and ended with prices of 12 rising, 12 declining and 15 closing unchanged.

The market closed with trading of 8,369,275 shares for $15,674,660, sliding from 13,876,969 units at $25,659,844 on Friday.
Trading averaged 214,597 shares at $401,914 compared to 346,924 stock units at $641,496 on Friday. Trading for the month to date, ended with an average of 150,666 units at $256,016 slipping from 147,144 stock units at $247,979 on the previous trading day and September with an average of 154,641 shares at $329,246.
Derrimon Trading led trading with 2.57 million shares for 30.8 percent of total volume, followed by Fosrich, with 1.74 million units for 20.7 percent of the day’s trade and Jamaican Teas with 806,273 stocks for 9.6 percent of the volume traded.
At the close of trading, the Junior Market Index dipped 16.01 points to wrap-up trading at 3,447.92. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded price, in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, Access Financial slipped 79 cents to $17.21 with a transfer of a mere 104 shares, AMG Packaging rose 13 cents to $2.37 with 3,021 stocks passing through the market, Atlantic Hardware lost 3 cents to end at 86 cents after trading of 81,040 shares. Cargo Handlers rallied 18 cents to $12.98 with 204 stocks crossing the market, Consolidated Bakeries popped 20 cents in closing at $1.90 with 10,214 stock units switching ownership, Derrimon Trading gained 6 cents to end at $1.91 with 2,574,178 shares clearing the market. Dolla Financial increased 3 cents in closing at $2.58 after a transfer of 162,020 stocks, Dolphin Cove sank 10 cents to $13.83 with 24,835 units crossing the exchange, Express Catering fell 35 cents to close at $3.30 in trading 10,642 stock units. Fontana dipped 9 cents to end at $9 as 21,462 shares changed hands, Fosrich climbed 3 cents to finish at $2.33 with traders dealing in 1,735,577 units, GWest Corporation sank 7 cents and ended at 70 cents after an exchange of 58 stocks. Jamaican Teas advanced 5 cents to $2.40 with investors dealing in 806,273 stock units, Knutsford Express dropped 11 cents to finish at $13.69 with 37 shares crossing the market, Limners and Bards popped 3 cents and ended at $1.24 with investors trading 10,000 stock units. Lumber Depot advanced 4 cents to end at $2.89, closing with 54,670 stocks changing hands, One Great Studio rose 3 cents in closing at 42 cents, with investors trading 519,397 units, Paramount Trading rallied 4 cents to close at $1.29 with an exchange of 11,267 stocks. Regency Petroleum shed 10 cents to land at $4.40 in trading 165,075 units, Spur Tree Spices declined 4 cents to close at $1.05 as investors exchanged 273,348 shares and Stationery and Office Supplies increased 8 cents to end at $1.88 in an exchange of just one stock unit.

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

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