Trading slides on the Junior Market


Trading fell sharply on the Junior Market of the Jamaica Stock Exchange on Tuesday with a 53 percent drop in the volume of stocks traded, having a 52 percent lower value than Monday following trading in 47 securities compared with 48 on Monday and ending with prices of 20 rising, 13 declining and 14 unchanged.

The market closed with trading of 4,036,639 shares for $8,176,246 down from 8,545,502 stock units at $16,979,195 on Monday. Trading ended with an average of 85,886 shares at $173,963 compared with 178,031 stock units at $353,733 on Monday with trading month to date, averaging 132,444 stock units at $264,794 compared to November with an average of 309,920 shares at $766,307.
The leading trade was Dolla Financial with 1.20 million shares for 29.8 percent of total volume followed by RA Williams with 923,243 units for 22.9 percent of the day’s trade and Jamaican Teas with 315,198 stock units for 7.8 percent market share.
At the close of the market, the Junior Market Index popped 19.17 points to 3,713.75. The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the end of trading, Access Financial shed $2.49 to close at $17.50 with investors trading a mere 4 shares, AMG Packaging advanced 11 cents to $2.84 after an exchange of 12,902 stocks, Blue Power popped 63 cents to close at a 52 weeks’ high of $5 with 6,996 shares being traded. Caribbean Cream sank 17 cents and ended at $3.15 as investors exchanged 9,411 stock units, Caribbean Flavours climbed 7 cents to end at $1.32 with 5,400 shares switching owners, Consolidated Bakeries increased 17 cents to finish at $2.19 after an exchange of just 2 units. Derrimon Trading fell 10 cents and ended at $1.96 with 50,678 stocks changing hands, Everything Fresh gained 13 cents to finish at $2.23 with an exchange of 201 stock units, Honey Bun rose 15 cents to end at $8.60 with 9,364 shares being traded by the close of the market. ISP Finance rallied 93 cents in closing at $23.93 with traders dealing in 526 units, Jetcon Corporation skidded 10 cents to close at $1.10 in an exchange of 38,465 stocks, JFP Ltd sank 7 cents to finish at 93 cents with investors trading 13,626 stock units. Knutsford Express slipped 50 cents to $11.50 with 4,601 shares crossing the exchange, Medical Disposables increased 25 cents to end at $1.95 with a transfer of 1,000 stocks and Paramount Trading popped 15 cents in closing at $1.27 with 23,586 units crossing the market.

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

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