Trading drops on the Junior Market


Investors pulled back in trading activity on the Junior Market of the Jamaica Stock Exchange on Tuesday, resulting in a 76 percent fall in the volume of stocks traded and a 71 percent drop in value compared with Monday. A total of 42 securities were exchanged, down from 44 on Monday, with prices of only nine rising, 24 declining and nine closing unchanged.

The market closed with trading of 6,008,618 shares for $12,184,309, after rising from 25,037,877 units at $42,500,415 on Monday.
Trading averaged 143,062 shares at an average value of $290,103, compared with 569,043 stock units at $965,919 on Monday and lower than August, with an average of 433,821 shares at $676,565.
Dolla Financial led trading with 2.04 million shares for 34 percent of total volume, followed by Omni Industries with 1.53 million stock units for 25.5 percent of the day’s trade and Woodcats International with 747,576 stocks for 12.4 percent of the volume traded.
At the close of trading, the Junior Market Index rose 0.03 points to close at 3,001.20. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.5. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded stock price by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, Access Financial slipped 10 cents to $19.70 after a transfer of 66 stock units, Cargo Handlers lost 23 cents to end at $16.17 with 1,167 shares crossing the market, Caribbean Assurance Brokers rallied 13 by cents to close at $1.40 with trading of 168,898 stock units. Caribbean Cream shed 40 cents to end at $2.40 following an exchange of  26,549 stock units, Caribbean Flavours dropped 9 cents to finish at $1.11 with 2,109 units passing through the market, Dolla Financial fell 20 cents to $3.45 after trading of 2,044,208 shares. Dolphin Cove added 21 cents and finished trading of 21,558 units at $10.21, Elite Diagnostic dipped 7 cents and ended at $1.53 in trading 51,209 stock units, Express Catering declined 9 cents to finish at $1.90 after an exchange of 5,768 shares. Fontana skidded 17 cents to close at $6.32 with a transfer of 17,230 units, Fosrich fell 8 cents in closing at $1.33 with 67,305 stocks crossing the exchange, Future Energy dipped 31 cents to end at $3.34 in switching ownership of 112,756 stock units. Honey Bun lost 10 cents in closing at $5.25 as investors exchanged 27,495 shares, Image Plus advanced 6 cents to $1.23 with 116,166 units changing hands, Indies Pharma shed 5 cents and stopped at $2.60 in an exchange of 67,948 stocks. KLE Group rose 10 cents to close at $1.10 with investors swapping 3 stock units, Knutsford Express rallied 80 cents to $9 in an exchange of 19,364 shares, Lumber Depot declined 39 cents to $2.31 with a transfer of 94,699 stock units. Mailpac Group slipped 5 cents and ended at $2.50 with 90,611 shares changing hands and Spur Tree Spices skidded 11 cents to finish at $1.29 with investors dealing in 34,195 stocks.
Prices of securities trading are those of the last transaction.

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