Trading drops on the Junior Market


Trading activity closed much lower on the Junior Market of the Jamaica Stock Exchange on Friday, compared to Thursday, resulting from an 88 percent drop in the volume of stocks traded, with a huge 90 percent fall in value, following trading in 38 securities, down from 39 on the prior day and ending with prices of 16 rising, 11 falling and 11 closing firm.

The market closed with trading of 2,484,109 shares for $4,523,984, down from 19,981,937 units at $46,526,369 on Thursday.
Trading averaged 65,371 shares at $119,052, down sharply from 512,357 stock units at $1,192,984 on Thursday, with the month to date, averaging 115,375 units at $226,155 decreasing from 118,645 stock units at $233,159 on the previous day and August with an average of 236,241 shares at $494,923.
Trading was led by Dolla Financial, with 565,151 shares for 22.8 percent of total volume, followed by Kintyre Holdings with 554,064 stock units for 22.3 percent of the day’s trade and RA Williams with 201,977 stocks for 8.1 percent of the volume traded.
At the close of trading, the Junior Market Index fell 14.13 points to 3,401.02. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, Access Financial gained 24 cents to close at $17.49 with investors swapping 5,687 shares, Cargo Handlers rose 94 cents to $14.29 after an exchange of 2,015 stock units, Caribbean Assurance Brokers rallied 27 cents to finish at $2.05 after trading of 1,508 shares. Caribbean Flavours increased 7 cents and ended at $1.57 with 7,446 stocks crossing the exchange, Dolphin Cove climbed 15 cents in closing at $14.15 with investors trading 25,895 units, Express Catering popped 21 cents to end at $2.78 with traders exchanging 3,800 stocks. Honey Bun dropped 38 cents to $7.40 after closing with an exchange of 5,008 units, Indies Pharma lost 6 cents to end at $3.04 after an exchange of 146,368 shares, ISP Finance sank $1.75 in closing at $12.99 with investors dealing in 571 stock units. Limners and Bards declined 15 cents and ended at 91 cents with traders switching ownership of 31,389 shares and Medical Disposables advanced 15 cents to close at $1.65 after a transfer of 26,936 stock units.

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

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