ISP Finance Services jumped $1.91, followed by Knutsford Express up 80 cents and Cargo Handlers climbed 60 cents, leading prices of 19 stocks higher at the close of the Junior Market of the Jamaica Stock Exchange on Wednesday, following trading in 43 securities exchanging hands compared with 41 on Tuesday and ending with 15 declining and nine closing unchanged. The volume of stocks traded slumped 35 percent and the value dropped 40 percent lower than Tuesday.
The market closed with trading of 3,705,830 shares for $5,632,292, tumbling from 5,696,293 units at $9,344,395 on Tuesday.
Trading averaged 86,182 shares at $130,984, from 138,934 stocks at $227,912 on Tuesday. Trading for the month to date ended with an average of 1,163,166 stock units at $2,832,987 compared to 1,264,724 stock units at $3,087,781 on the previous day and June that ended with an average of 186,843 shares for $332,162.
Stationery and Office Supplies led trading with 896,850 shares for 24.2 percent of total volume, followed by Image Plus, with 841,028 stock units for 22.7 percent of the day’s trade and Future Energy with 394,986 stocks for 10.7 percent of the volume traded.
At the close of trading, the Junior Market Index increased 8.18 points to close at 3,396.28. 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 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading, AMG Packaging advanced 5 cents to close at $2.35 with investors trading 36,304 shares, CAC 2000 dropped 19 cents to $1.81 after an exchange of 998 stock units, Cargo Handlers popped 60 cents to $11.10 with trading of 5,450 shares in the market. Caribbean Cream rallied 20 cents and ended at $2.40 in an exchange of 500 stock units, Caribbean Flavours gained 17 cents to end at $1.50 with 76,952 stocks crossing the market, Consolidated Bakeries sank 5 cents to finish at $1.60 after investors transferred 1,100 units. Dolphin Cove slipped 30 cents and ended at $13.60 with traders switching ownership of 76,952 stocks, Express Catering climbed 19 cents to $2.69 with 570 shares passing through the exchange, Fontana lost 12 cents to end at $8.88 with a transfer of 13,069 stock units. Future Energy rose 7 cents in closing at $2.80 as investors exchanged 394,986 shares, GWest Corporation gained 5 cents to finish at 87 cents following trading of 1,650 stock units, Indies Pharma popped 10 cents to close at $3.50 in an exchange of 5,150 stocks. ISP Finance gained $1.91 to $14.41 with investors swapping 13 units, Jamaican Teas rose 9 cents in closing at $2.20 with an exchange of 18,290 shares, Knutsford Express advanced 80 cents to finish at $12.30 with a mere 8 units changing hands. Lasco Financial climbed 14 cents and ended at $1.99 in trading 2,467 stocks, Mailpac Group increased 5 cents to close at $2.45 after an exchange of 3,839 stock units, Main Event shed $1.48 to end at $7.41, with 14,625 shares clearing the market. Paramount Trading sank 10 cents in closing at a 52 week low of 80 cents after an exchange of 48,831 stock units, RA Williams dipped 9 cents to a 52 week low of 41 cents with 299,375 units crossing the market, Regency Petroleum rallied 20 cents to close at $3.90 with traders dealing in 12,356 stocks. Stationery and Office Supplies fell 23 cents to finish at $1.55 with investors dealing in 896,850 units and Tropical Battery declined 19 cents and ended at $1.86 with investors trading 143,870 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.