Trading drops on JSE Junior Market Friday


The Junior Market of the Jamaica Stock Exchange ended with sluggish trading on Friday, with 44 percent fewer shares traded, at a 75 percent lower value compared to Thursday, resulting from trading in 43 securities, up from 42 on Thursday and ending, with prices of 17 rising, 15 declining and 11 closing unchanged.

The market closed with trading of 7,485,925 shares for $12,587,165, after decreasing from 13,478,113 units at $49,815,825 on Thursday.
Trading ended with an average of  174,091 shares valued $292,725, compared with 320,907 stocks at $1,186,091 on Thursday with the month to date, averaging 330,523 units at $520,498, after skidding from 342,578 units at $538,050 on the previous day and well above July, with an average of 280,479 shares at $401,436.
Jamaican Teas led trading with 2.53 million shares for 33.8 percent of total volume followed by ONE on ONE Educational with 1.01 million units for 13.5 percent of the day’s trade and Woodcats International with 751,984 stocks for 10 percent of the volume traded.
At the close of trading, the Junior Market Index dropped 12.92 points to close at 2,883.75. The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 11.4. 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, Access Financial popped 36 cents to finish at $17.18 following an exchange of 10,724 units, AMG Packaging rallied 16 cents to end at $1.85 after an exchange of 4,835 stocks, Blue Power increased by 33 cents to $3.58 with a transfer of 12,271 shares. Cargo Handlers climbed $2.04 to $16.49 after an exchange of 45,260 stock units, Caribbean Assurance Brokers declined by 13 cents to close at $1.10 after a transfer of 1,244 shares, Caribbean Cream slipped by 5 cents to end at $2.10 with 42 stock units crossing the market. Caribbean Flavours lost 14 cents in closing at $1.05 with an exchange of 2,421 units, Dolla Financial rose 10 cents to $3.35 with investors swapping 539,189 stocks, Dolphin Cove dropped $2.15 to close at $10 after an exchange of 34,728 units. Elite Diagnostic advanced 13 cents and ended at $1.34 with 8,225 stocks clearing the market, Express Catering gained 13 cents to finish at $2 with investors dealing in 2,304 shares, Honey Bun shed 20 cents to end at $6 with 4,881 stock units passing through the market. Indies Pharma declined 8 cents in settling at $2.65 after trading of 100 shares, ISP Finance popped $2.99 to $9.99 in an exchange of 35 units, Jamaican Teas dipped by 8 cents to $2.10 with investors swapping 2,528,279 stocks. Jetcon Corporation increased 25 cents and ended at $3.95 with 36,637 stock units changing hands, Knutsford Express skidded 84 cents to $7.15 with 581 shares crossing the exchange, Lasco Financial fell 19 cents to $1.60 in trading of 20,046 stock units. Mailpac Group slipped 21 cents to $2.37, with 51,209 units crossing the market, Paramount Trading lost 9 cents to end at 91 cents in an exchange of 18,299 stocks and Spur Tree Spices climbed 10 cents in closing at a 52 weeks high of $1.50 with investors trading 518,103 shares.
Prices of securities trading are those of the last transaction.

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