Trading jumps on the Junior Market


The Junior Market of the Jamaica Stock Exchange on Wednesday slipped for a tenth day out of the 13th trading days in June, following action in 39 securities compared with 42 on Tuesday and ending with prices of 12 rising, 17 declining and 10 closing firm following a 22 percent rise in the volume of stocks traded, with 60 percent greater value than Tuesday, with Regency Petroleum accounting for 29 percent of the volume traded and Kintyre Holdings with 18 percent.

The market closed with trading of 5,248,562 shares for $10,721,628, climbing from 4,310,526 units at $6,684,160 on Tuesday.
Trading averaged 134,579 shares at $274,914, up from 102,632 stocks at $159,147 on Tuesday, with the month to date, averaging 148,342 units at $236,441, in line with 149,413 units at $233,446 on the previous day and well below May with an average of 419,466 shares at $701,563.
Regency Petroleum led trading with 1.51 million shares for 28.8 percent of total volume, followed by Kintyre Holdings, with 945,179 stock units for 18 percent of the day’s trade and Lasco Financial with 542,196 stocks for 10.3 percent of the volume traded.
At the close of trading, the Junior Market Index fell 11.33 points to 3,357.29. The Investor’s Choice bid-offer indicator shows eight 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 13.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of a relatively quiet day of trading, Atlantic Hardware slipped 5 cents to end at 95 cents in trading 25,000 shares, Blue Power lost 10 cents to close at $4.90 with traders passing 1,522 stocks through the exchange, Caribbean Assurance rallied 11 cents to finish at $2.11 while trading 202 shares. Caribbean Cream gained 52 cents and ended at $2.47 as investors exchanged a mere one stock unit, Dolphin Cove popped 34 cents to close at $13 with a transfer of 19,748 units, Express Catering dropped 20 cents in closing at $2.50 with investors dealing in 250,575 stocks. Fontana shed 43 cents to $8.50 in an exchange of 60,521 units, Honey Bun sank 12 cents to close at $8.13 with 7,506 shares crossing the market, Image Plus climbed 14 cents and ended at $1 with investors trading 894 stock units. Indies Pharma declined 10 cents to end at $3.60, with 54,258 shares clearing the market, ISP Finance increased $1.20 to $11.40 as traders closed with an exchange of 32 stocks,  JFP sank 12 cents to finish at 43 cents with 152,862 units crossing the market. KLE Group fell 5 cents and ended at 85 cents in an exchange of 4,301 stocks, Knutsford Express skidded 49 cents to $12.50 as investors passed 16,332 shares through the market, Limners and Bards rallied 5 cents to end at $1.20 with an exchange of 11,563 stocks. Main Event dipped $3.04 in closing at a 52 week low of $6.93 with 5,476 units changing hands, Medical Disposables lost 20 cents to finish at a 52 week low of $1.30 after an exchange of 16,256 stock units, RA Williams skidded 5 cents to close at 46 cents with investors swapping 210,000 shares. Regency Petroleum fell 16 cents to $4.14 after a transfer of 1,512,479 stocks and Tropical Battery slipped 22 cents in closing at $1.88 with traders dealing in 62,304 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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