Access jumps $3.19 as Junior Market rises

Access Financial advanced $3.19 at the close of trading on the Junior Market of the Jamaica Stock Exchange on Monday and helped to push the Market Index up by 29.52 points to finish at 3,829.08 and ended September higher than July and August following a 90 percent jump in the volume of stocks traded, with 94 percent more funds entering the market compared with Friday with all 48 securities trading compared with 46 on Friday and ending with prices of 24 rising, 10 declining and 14 closing unchanged.
Four stocks, Dolla Financial, Future Energy, Indies and Mailpac traded at 52 weeks’ highs and Regency Petroleum traded at an intraday high of $3 while Express Catering traded at an intraday low of $3.01.
The market closed with trading of 43,827,524 shares for $95,597,886 compared to 23,087,566 units at $49,341,746 on Friday.
Trading averaged 913,073 shares at $1,991,623 compared with 501,904 units at $1,072,647 on Friday with the month to date, averaging 419,421 stocks at $774,292 compared to 392,946 shares at $709,005 on the previous day and August with an average of 389,714 units at $570,529.
Fosrich led trading with 11.67 million shares for 26.6 percent of total volume followed by One Great Studio with 5.34 million stocks for 12.2 percent of the day’s trade, Derrimon Trading closed with 5.05 million units for 11.5 percent market share, Future Energy ended with 4.51 million stock units for 10.3 percent market share, Dolla Financial after an exchange of 4.20 million shares ended with 9.6 percent of the traded shares and EduFocal with 3.73 million units for 8.5 percent of total volume.
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.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial advanced $3.19 to close at $21.69 with a transfer of 5,102 stock units, Cargo Handlers popped 34 cents to $12 with 576 shares crossing the exchange, Derrimon Trading skidded 6 cents in closing at $1.98 with investors swapping 5,054,240 stocks. Dolla Financial climbed 30 cents to end at $3.50 in an exchange of 4,195,330 units, Dolphin Cove rose 78 cents and ended at $22.78 in trading 1,193 stocks, Elite Diagnostic rallied 10 cents to finish at $1.81 in an exchange of 11,723 shares. Fosrich sank 15 cents and ended at $2.35 with 11,672,500 stock units crossing the market, Future Energy increased 49 cents to $4.23 in switching ownership of 4,510,521 units, Image Plus gained 21 cents in closing at $1.90 with 796,308 stocks clearing the market. Indies Pharma rose 29 cents to close at $3.44 after an exchange of 1,666,687 units, KLE Group declined 9 cents to end at $1.08 with 80,143 shares crossing the market, Knutsford Express advanced $1.90 to finish at $12 with traders dealing in 50,810 stock units. Limners and Bards popped 9 cents to $1.57 as investors exchanged 463,339 shares, Mailpac Group gained 30 cents to end at $2.70 after 251,797 stock units passed through the market, Main Event shed 43 cents in closing at $11.05 with investors trading 5,181 stocks. MFS Capital Partners increased 8 cents to close at 75 cents and closed trading of 225,608 units, One Great Studio climbed 12 cents to finish at 87 cents with investors dealing in 5,338,975 stocks, Regency Petroleum dropped 7 cents and ended at $2.80 after an exchange of 995,597 units. Stationery and Office Supplies rallied 11 cents to $1.68 with investors trading 982,608 shares and Tropical Battery increased 7 cents to finish at $2.72 with 784,043 stock units changing hands.