Trading jumps on JSE Junior Market


Trading activity closed on the Junior Market of the Jamaica Stock Exchange on Friday, with the volume of stocks traded declining 36 percent, with a 23 percent lower value than Thursday, following trading in 39 securities, compared with 42 on Thursday and ending, with prices of nine rising, 14 declining and 16 closing unchanged.

The market closed with trading of 18,931,461 shares for $10,642,378, down from 29,611,455 stock units at $13,766,592 on Thursday.
Trading averaged 485,422 shares for $272,881, lower than 705,035 stocks at $327,776 on Thursday, with the month to date, averaging 1,591,032 units valued at $949,933 compared to 1,841,723 stock units at $1,103,451 on the previous day and well above May, that ended with an average of 644,187 shares at $540,889.
Kintyre Holdings led trading with 13.62 million shares for 71.9 percent of total volume, followed by Jetcon Corporation with 1.14 million units for 6 percent of the day’s trade and EduFocal with 726,781 stocks for 3.8 percent of the volume traded.
At the close of trading, the Junior Market Index rose by a mere 0.54 points to end at 3,009.87. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.5. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by earnings per share for companies with their financial year ending around August 2026.
At the close of the market, Blue Power declined 10 cents to finish trading 4,001 shares at $3.90, Cargo Handlers fell $3 to $15 after an exchange of 2,998 units, Caribbean Assurance Brokers dropped 8 cents to end at $1.37, with 50 shares crossing the market. Caribbean Cream fell 5 cents in closing at $1.55 with an exchange of 1,500 units, Dolphin Cove dropped 47 cents to finish at $10.03 and closed after 32,760 stocks were exchanged, Fontana sank 30 cents and ended at $6.30, with 80,283 shares crossing the market. Future Energy slipped 17 cents to $3.38 in switching ownership of 441,717 stock units, GWest Corporation increased 7 cents to finish at 66 cents with investors trading 1,040 stocks, Jetcon Corporation lost 28 cents and ended at $2.79 in an exchange of 1,136,749 units. Lasco Financial skidded 21 cents to close at $1.63 with investors dealing in 31,892 shares, Limners and Bards popped 19 cents to end at 97 cents, with 510,896 units passing through the market, Medical Disposables rallied 10 cents in closing at $1.12 with investors trading 50,000 stocks. ONE on ONE Educational shed 9 cents to 73 cents after an exchange of 43,853 stock units and Stationery and Office Supplies rose 6 cents to close at $1.66 in trading 61,678 shares.

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

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