Trading activity closed on the Junior Market of the Jamaica Stock Exchange Wednesday, with a 31 percent rise in the number of stocks traded, with a 35 percent higher value than Tuesday with trading in 42 securities up from 40 on Tuesday and ending with prices of 14 rising, 17 declining and 11 closing unchanged, with the market dropping sharply after Express Catering dived to close at $3.27.
The market closed with the trading of 7,627,313 shares for $8,726,259 up from 5,843,654 units at $6,457,897 on Tuesday.
Trading averaged 181,603 shares at $207,768 up from 146,091 units at $161,447 on Tuesday with the month to date, averaging 393,796 units at $513,480 compared to 411,837 stock units at $539,472 on the previous day and July with an average of 358,542 units at $736,760.
JFP Ltd led trading with 2.32 million shares for 30.5 percent of total volume followed by EduFocal with 1.92 million units for 25.2 percent of the day’s trade and Omni Industries with 953,276 stock units for 12.5 percent market share.
At the close of trading, the Junior Market Index sank 40.55 points to wrap up trading at 3,555.52.
The Junior Market ended trading with an average PE Ratio of 12, 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 four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of trading, Blue Power dipped 5 cents to $4 in an exchange of 47,744 stocks, Caribbean Flavours rose 22 cents to $1.49 with investors trading 50 shares, Derrimon Trading lost 6 cents to end at $1.80 after an exchange of 53,365 stock units. Dolphin Cove skidded 23 cents to end at $22.97 in trading 1,064 stocks, Elite Diagnostic fell 10 cents in closing at $1.60 with 25,000 units clearing the market, Express Catering declined 98 cents to close at a 52 weeks’ low of $3.27 with investors trading 40,112 stocks. Fontana popped 13 cents to $8.30 in switching ownership of 39,804 shares, Honey Bun rallied 59 cents in closing at $8.45 with traders dealing in 12,518 stock units, Indies Pharma sank 5 cents to close at $2.45 in an exchange of 176,306 stock units.
Knutsford Express increased 98 cents to finish at $10.88 after trading 1,342 units, Main Event dipped 50 cents and ended at a 52 weeks’ low of $10.50 as investors exchanged 13 stocks, MFS Capital Partners sank 5 cents to end at 63 cents and closed after 800,118 stock units were traded. Omni Industries climbed 8 cents in closing at $1.08 with a transfer of 953,276 shares, Spur Tree Spices rose 10 cents to $1.85 with investors dealing in 73,696 stocks and Tropical Battery advanced 10 cents to end at $2.28 with 45,849 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
