Trading activity closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with 68 percent rise in the volume of stocks traded, with 120 percent more value than Monday with trading in 45 securities compared with 46 on Monday and ending with prices of 14 rising, 19 declining and 12 closing unchanged. Trading closed with one stock closing at a 52 weeks’ high, two at a 52 weeks’ low and two traded at 52 weeks’ intraday low.
The market closed with trading of 12,238,191 shares for $26,027,175 up from 7,301,014 stock units at $11,842,518 on Monday.
Trading averaged 271,960 shares at $578,382 well above the 158,718 stocks at $257,446 on Monday with trading for the month to date, ended with an average of 188,254 units at $322,526 close to the 180,439 stock units at $298,639 on the previous day and well below January that ended with an average of 350,850 shares at $615,775.
Mailpac Group led trading with 4.31 million shares for 35.2 percent of total volume followed by Kintyre Holdings which ended with 3.75 million units for 30.6 percent of the day’s trade and Future Energy with only 459,723 stocks for 3.8 percent of the volume traded.
At the close of trading, the Junior Market Index lost 14.75 points to wrap up trading at 3,691.31. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers a good indicator for a rise in the market on Wednesday.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 close of the market, AMG Packaging fell 8 cents in closing at $3.10 with investors trading 9,098 stock units, Cargo Handlers lost 84 cents to end at $10.20 after 1,406 shares passed through the market, Caribbean Assurance Brokers declined 29 cents to end at $2.50 with traders dealing in 53,076 stocks. Dolphin Cove shed $4.09 to finish at a 52 weeks’ low of $15.50 in an exchange of 299,623 units, Fontana sank 13 cents and ended at $9.10 with 39,717 shares crossing the market, GWest Corporation climbed 8 cents to close at 90 cents with a transfer of 412 stock units. Honey Bun slipped 17 cents to $7.95 with 7,611 units crossing the exchange, Image Plus lost 1 cent in closing at $1.35 after trading at an intraday 52 weeks’ low of $1.26, Iron Rock Insurance sank 30 cents to end at $3.60 after a transfer of 7,130 stocks, ISP Finance increased $6.25 in closing at a 52 weeks’ high of $43.25 with investors swapping 1,117 shares but only after trading at an intraday 52 weeks’ high of $49.42. Jetcon Corporation dipped 15 cents to finish at $1.02 in an exchange of 138,118 stock units, JFP Ltd fell 14 cents and ended at 69 cents with investors dealing in 403,400 units after trading at an 52 weeks’ intraday low of 58 cents, Knutsford Express popped $1 to close at $12 after an exchange of 2,170 stocks. Mailpac Group dropped 8 cents to $2.53 and closed after 4,309,861 units changed hands, Main Event advanced 20 cents to close at $11 with an exchange of 473 stocks, Medical Disposables fell 36 cents to finish at $1.63 with investors trading 14,532 shares and tTech slipped 8 cents and ended at $1.39 as investors exchanged 1,356 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.