Another 50 points bounce for Junior Market


The Junior Market made another big run, jumping more than 50 points in closing trading on the Jamaica Stock Exchange on Friday, with a 240 percent jump in the volume of stocks traded, accompanied by a 338 percent surge in the value compared with Thursday. Trading ended after 40 securities changed hands, compared with 42 on Thursday, ending with six companies trading over a million shares each and closed with prices of 13 stocks rising, nine declining and 18 closing unchanged.

The market closed with the trading of 13,876,969 shares at $25,659,844, much more than the 4,079,653 units that traded at $5,854,583 on Thursday.
An average of 346,924 shares were exchanged with a value of $641,496 compared to 97,135 stock units at $139,395 on Thursday, with a month to date average of 147,144 units at $247,979 compared to 135,181 stock units at $224,415 on the previous day and September with an average of 154,641 shares at $329,246.
JFP led trading with 2.02 million shares for 14.6 percent of total volume followed by Derrimon Trading, with 2.01 million stocks for 14.5 percent of the day’s trade, ONE on ONE Educational closed with 2.0 million stocks for 14.4 percent of the volume traded, Lumber Depot closed with 1.85 million units for 13.3 percent of the total volume, Fosrich traded 1.81 million units for 13 percent of the trade and Dolla Financial with 1.12 million units for 8.1 percent of market share.
At the close of trading, the Junior Market Index gained 53.38 points to conclude trading at 3,463.93, the second day for the week the market gained over 50 points. The Investor’s Choice bid-offer indicator shows just two stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of a day, with less than half of the stocks recording price changes, Caribbean Assurance Brokers shed 6 cents to close at $1.88 with investors trading 1,117 shares, Derrimon Trading rallied 13 cents to $1.85 after a transfer of 2,013,661 stock units, Dolla Financial popped 6 cents to end at $2.55 as investors exchanged 1,119,914 shares. Dolphin Cove increased 15 cents in closing at $13.93 with 41,774 stocks changing hands, Express Catering climbed 30 cents to finish at a 52 weeks high of $3.65, in switching ownership of 135,719 units, Fosrich rose 10 cents and ended at $2.30 with investors swapping 1,810,214 stocks. Jamaican Teas gained 11 cents to $2.35 with a transfer of 581,382 units, KLE Group declined 7 cents in closing at 90 cents after an exchange of 117 shares, Lumber Depot rallied 16 cents to finish at $2.85 in trading 1,848,895 stock units. Main Event rose 35 cents and ended at $7.15 after 17,418 shares passed through the market, One Great Studio declined 3 cents to finish at 39 cents, with 29,969 units crossing the market. RA Williams popped 3 cents to 43 cents, with 25,000 shares changing hands, Regency Petroleum sank 14 cents to end at $4.50 in an exchange of 143,445 stocks and Stationery and Office Supplies added 3 cents to end at $1.80, with 1,000,433 stocks crossed the market.

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

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