Trading drops on Junior Market


Cargo Handlers climbed back by a near 18 percent to lead the winners on the Junior Market of the Jamaica Stock Exchange on Thursday, with trading in 42 securities, similar to Wednesday, with prices of 18 rising, 17 declining and seven closing unchanged as the market index recovered a mere fraction of the 94 points fall on Wednesday, as the market index closed higher. Trading ended with a big drop in the volume of stocks changing hands by 64 percent, with a 75 percent lower value than on Wednesday.

The market closed with trading of 7,655,976 shares for $9,238,569, after it tumbled from 21,516,511 stocks valued at $37,579,067 on Wednesday.
Trading averaged 182,285 shares at $219,966, down from 512,298 units at $894,740 on Wednesday, with the month to date, averaging 303,340 units at $327,871, after sliding marginally from 315,987 stock units at $339,145 on the previous day and March, with an average of 410,874 shares worth  $527,130.
Woodcats International led trading with 2.06 million shares for 26.9 percent of total volume, followed by MFS Capital Partners, with 2.02 million units for 26.4 percent of the day’s trade and Kintyre Holdings with 951,111 stocks for 12.4 percent of the volume traded.
At the close of trading, the Junior Market Index popped 7.89 points to finish at 3,179.88. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 15.5, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their fiscal year ending around August 2026.
At the close of trading, Blue Power popped 11 cents to end at $4 with trading of 8,010 shares, while Cargo Handlers jumped sharply from Wednesday’s big loss by $3.09 to close at $20.67 with a transfer of just 100 stocks, Derrimon Trading declined 13 cents to end at $1.57 with 10,178 shares crossing the market. Dolla Financial declined 9 cents after closing at $2.31 in an exchange of 283,293 stock units, Elite Diagnostic dropped 11 cents and ended at $1.37 with traders dealing in 2,738 stocks, Everything Fresh lost 18 cents to finish at $2.10 with 4,978 units crossing the market. Future Energy dipped 15 cents and ended at $3.34 in trading 621,779 stocks, GWest Corporation rose 9 cents to 69 cents after traders swapped 32,035 shares, Honey Bun climbed 62 cents in closing at $6.50 with investors trading 4,715 stock units. ISP Finance increased 47 cents to finish at $12.47 with 10 shares clearing the market, Jamaican Teas gained 7 cents to end at $2.20 with investors swapping 36,902 stock units, Jetcon Corporation rallied 23 cents to close at $2.63 with 14,176 units changing hands. Knutsford Express increased 39 cents to $9.39 as investors exchanged 3,849 stocks, Lasco Financial popped 5 cents and ended at $1.94 with 1,002 shares passing through the market, Lumber Depot sank 5 cents to finish at $2.55 after an exchange of 2,386 stocks. MFS Capital Partners shed 20 cents to end at 49 cents, following trading of 2,024,954 stock units, Omni Industries fell 5 cents in closing at 85 cents after an exchange of 897 stock units and ONE on ONE Educational rallied 11 cents to close at 96 cents with investors dealing in 241,500 shares.

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

About IC Insider.com