Trading plunges on Junior Market


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Monday, with a sharp 94 percent decline in the volume of stocks traded, with a 96 percent lower value than Friday, with trading in 38 securities, down from 43 on Friday and ending with prices of 16 rising, 14 declining and eight closing unchanged, with the market index rising moderately.

The market closed with trading of 2,603,405 shares for $4,529,402, sliding sharply from 41,932,189 units at $104,208,622 on Friday.
Trading averaged 68,511 shares at $119,195 compared to 975,167 stocks at $2,423,456 on Friday, with the month to date, averaging 265,893 units at $621,884, with a decrease from 309,249 stocks at $732,302 on the previous trading day and July with an average of 707,469 shares at $1,699,009.
In a low-keyed trading session, MFS Capital Partners led trading with just 482,627 shares for 18.5 percent of total volume, followed by Atlantic Hardware, with 341,397 units for 13.1 percent of the day’s trade and JFP with 331,100 stocks for 12.7 percent of the volume traded.
At the close of trading, the Junior Market Index rose 5.12 points to end at 3,428.58. The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial rallied 36 cents to end at $17.99 after an exchange of 26 shares, Blue Power gained 8 cents and ended at $4.58, with trading of 2,638 stock units, Cargo Handlers declined by 8 cents to $11.25 with the trading of 177 stocks. Caribbean Cream rose 24 cents to end at $2.24 with a transfer of 1,500 shares, Derrimon Trading sank 5 cents in closing at $1.77 after an exchange of 136,718 stock units, Elite Diagnostic rallied 10 cents to close at $1.60 with 82,000 shares crossing the market. Express Catering popped 5 cents to $2.70 with traders exchanging 9,018 stocks, Fontana gained 10 cents and ended at $8.95 with 101,950 units clearing the market, Fosrich advanced 30 cents in closing at $2.99 with investors trading 293,102 stock units. Honey Bun dipped 63 cents to close at $7.30 with 15,696 shares passing through the market, Indies Pharma popped 35 cents to finish at $3.35 with trading in 56,259 stock units, ISP Finance fell $1 to end at $18 after a transfer of 9 stocks. Jetcon Corporation increased 20 cents in closing at $2 with investors swapping 1,163 units, JFP climbed 6 cents to 54 cents with 331,100 shares crossing the market, KLE Group skidded 23 cents to end at 86 cents with investors dealing in 21,705 stock units. Knutsford Express sank 10 cents to finish at $14.10 with traders switching ownership of 5,830 units, Lasco Financial rose 20 cents and ended at $1.98 with investors trading 8,228 stocks, MFS Capital Partners declined 6 cents to close at 36 cents as 482,627 shares changed hands and Omni Industries lost 9 cents to 70 cents in an exchange of 24,000 units.

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

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