Trading drops on the JSE Junior Market


The Junior Market of the Jamaica Stock Exchange inched higher at the close on Thursday, following a 30 percent drop in the volume of stocks traded, carrying a 17 percent lower value than Wednesday with trading in 45 securities similar to Wednesday and ending with prices of 14 rising, 16 declining and 15 closing unchanged.

Trading ended on Thursday with an exchange of 9,196,916 shares for $27,433,897 down from 13,162,541 stock units at $33,001,212 on Wednesday.
The average trade ended with 204,376 shares for $609,642 down from 292,501 stock units at $733,360 on Wednesday with the month to date, ending with an average of 188,874 units at $462,652, moderately higher than 183,891 stock units at $415,405 on the previous day and November with an average of 309,920 shares at $766,307.
The volume leader was Iron Rock Insurance with 5.76 million shares for 62.7 percent of total volume followed by Dolla Financial with 954,019 units for 10.4 percent of the day’s trade and One Great Studio with 529,686 stock units for 5.8 percent market share.
At the close of trading, the Junior Market Index rallied 3.82 points to 3,669.96. The Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings that are projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, CAC 2000 dropped 15 cents to $2.40 with 160 shares crossing the market, Elite Diagnostic rallied 11 cents to close trading at $2.01 after an exchange of a mere 100 stocks, Everything Fresh rose 12 cents to end at $2.23 with investors trading 100 shares. Fontana climbed 10 cents and ended at $8.15 with 78,915 stock units passing through the market, Indies Pharma sank 22 cents to finish at $3.18 with investors trading 28,848 shares, Iron Rock Insurance skidded 32 cents to close at $3.48 after an exchange of 5,762,304 units. Jetcon Corporation increased 8 cents to $1.28 with investors dealing in just 625 units, KLE Group popped 11 cents to end at $1.16 with 153 stock units clearing the market, Knutsford Express advanced $2.10 to close at $12.60 with traders dealing in 220 units. Lasco Financial rallied 7 cents and ended at $1.54 with 572 stocks switching owners, Lumber Depot rose 25 cents to close at $2.78 with 21,865 shares crossing the market, Medical Disposables fell 27 cents to finish at $1.70 with an exchange of 26,500 stock units. Regency Petroleum shed 14 cents and ended at $2.96 with 246,410 shares changing hands and Stationery and Office Supplies declined 12 cents to $1.47 after a transfer of 18,377 units.

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

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