Trading activity closed on the Junior Market of the Jamaica Stock Exchange Thursday, with a 52 percent decline in the volume of stocks traded, having a 56 percent lower value than Wednesday following trading in 41 securities compared with 45 on Wednesday and ending with prices of 16 rising, 17 declining and eight closing unchanged.
The market closed on Thursday with trading of 4,679,216 shares with a value of $10,946,258 down from 9,709,902 units at $24,803,431 on Wednesday.
Trading averaged 114,127 shares at $266,982 compared to 215,776 units at $551,187 on Wednesday with the month to date, averaging 455,168 stocks at $765,937 compared with 479,235 stock units at $801,147 on the previous day and August that close with an average of 389,714 shares at $570,529.
Indies Pharma led trading with 683,407 shares for 14.6 percent of total volume followed by ONE on ONE Educational with 613,789 units for 13.1 percent of the day’s trade and Fosrich with 517,527 stocks for 11.1 percent market share.
At the close of trading, the Junior Market Index gained 14.04 points to settle at 3,640.89.
The Junior Market ended trading with an average PE Ratio of 12.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Blue Power dipped 37 cents to close at $4.01 with 6,397 stock units crossing the market, Cargo Handlers gained 35 cents to end at $10.50 after an exchange of 250 shares, Caribbean Assurance Brokers sank 42 cents to end at $3.15, with 37,086 stocks changing hands. Consolidated Bakeries declined 8 cents in closing at $2.02 with investors trading 291 units, Derrimon Trading popped 11 cents and ended at $1.93 with 32,690 stocks clearing the market, Honey Bun shed 16 cents to finish at $8.19 in an exchange of 48,138 units. iCreate gained 6 cents and ended at 40 cents with investors swapping 71,485 shares, Indies Pharma fell 6 cents to $3.09 with 683,407 stock units crossing the market, Iron Rock Insurance rose 35 cents to close at $3.90 after the trading of 50,396 shares. 
Jamaican Teas skidded 9 cents in closing at $2.20 with investors dealing in 264,416 stock units, Jetcon Corporation sank 8 cents to end at $1.25 with an exchange of 2,095 units, JFP Ltd slipped 6 cents to finish at 88 cents after a transfer of 255,225 stocks. Main Event dropped $2.19 to $10.80 in switching ownership of 52,618 shares, Omni Industries dipped 7 cents to end at $1.04 after 12,497 stock units passed through the market, RA Williams advanced 8 cents in closing at 90 cents with an exchange of 440,287 units and Regency Petroleum lost 7 cents to finish at $2.72 after closing with 6,824 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on Junior Market
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolla Financial, Dolphin Cove, Edufocal, Elite Diagnostic, Emerging market stock, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, Honey Bun, iCreate, ImagePlus, Indies Pharma, Iron Rock Insurance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, JFP Ltd, junior market, KLE Group, Knutsford Express, Lasco Financial, Limners and Bards, Lumber Depot, Main Event, MFS Capital Partners, Omni Industries, One Great Studio, Paramount Trading, RA Williams, Spur Tree Spices, Trading Activity, Tropical Batteries
About IC Insider.com
Speak Your Mind
You must be logged in to post a comment.