Junior Market trading picked up on Wednesday on the Jamaica Stock Exchange, with investors snapping up more shares than on Tuesday, at a marginally low value and driving 44 percent of traded securities higher. Trading concluded with 43 securities compared with 42 on Tuesday and ended with prices of 19 rising, 12 declining and 12 closing unchanged.
The market closed with trading of 11,395,083 shares for $15,244,152 after rising from 8,157,423 units at $15,369,549 on Tuesday.
Trading averaged 265,002 shares at $354,515, above 194,224 stock units worth $365,942 on Tuesday. Trading for the month to date, ended with an average of 216,113 units at $317,787 after increasing from 211,761 units at $314,517 on the previous day and October, with an average of 191,865 shares at $349,252.
Custom manufacturer, JFP led trading with 2.97 million shares for 26.1 percent of total volume, followed by Lasco Financial, with 2.20 million stock units for 19.3 percent of the day’s trade, Jamaican Teas closed with 1.30 million stock units for 11.4 percent of the volume traded and Kintyre Holdings with 1.06 million units for 9.3 percent of market trade.
At the close of trading, the Junior Market Index climbed 15.77 points to 3,381.84. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.1, based on the last traded price, in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2026.
At the close of the market, Access Financial rallied by 44 cents and ended at $19.44 after a transfer of just 98 shares, AMG Packaging popped 29 cents to $2.39 after it closed with an exchange of 6,650 stocks, CAC 2000 climbed 29 cents to finish at $2.22 with 5 units clearing the market. Cargo Handlers gave back Tuesday’s gain of $1.79 by dropping to $2.27 on Tuesday, with a transfer of 284 shares in closing at $12.83, Caribbean Assurance Brokers lost 20 cents to close at $1.80, with 6,069 stock units crossing the exchange, Caribbean Cream rose 35 cents to end at $2.40 with 75,322 shares switching ownership. Dolla Financial gained 7 cents to close at $2.50 after 527,919 stock units crossed the market, Dolphin Cove skidded 32 cents to finish at $12.20 as investors exchanged 22,710 stock units, Express Catering increased 36 cents and ended at $3.08 after 3,195 units changed hands. Image Plus sank 13 cents to close at $1.02 after an exchange of 87,351 shares, Jetcon Corporation rallied 10 cents in closing at $1.60 with investors trading 33,732 units, KLE Group popped 57 cents to end at 85 cents in an exchange of 6,806 shares. Lasco Financial slipped 11 cents in closing at $1.87 with traders dealing in 2,199,718 stock units, Lumber Depot advanced 13 cents to $3.19 with 93,749 shares passing through the market, Spur Tree Spices rose 7 cents to $1.09 with investors trading 288,264 units and Stationery and Office Supplies climbed 7 cents to finish at $1.74 with an exchange of 6,288 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.