Big jump for Junior Market

The Junior Market of the Jamaica Stock Exchange closed higher, following a 60 percent decline in the volume of stocks traded on Wednesday, with a 79 percent lower value than on Tuesday following trading in 41 securities compared with 39 on Tuesday and ending with prices of 17 rising, 17 falling and seven closing unchanged.
Trading ended after an exchange of 4,424,054 stock units for $6,443,423 compared with 11,090,518 units at $30,348,119 on Tuesday.
Trading averaged 107,904 shares at $157,157 compared to 284,372 units at $778,157 on Tuesday. Trading for the month to date, averaged 205,268 stock units at $429,293, down from 213,481 stocks at $452,251 on the previous day and compared to May with an average of 451,257 units at $953,021.
Omni Industries led trading with 1.98 million shares for 44.7 percent of total volume followed by iCreate trading for the first time in months, after the lifting of the suspension of trading in the company’s shares and ended with 810,288 units for 18.3 percent of the day’s trade and Dolla Financial with 586,952 stocks for 13.3 percent market share.
At the close of trading, the Junior Market Index rose 44.70 points to close at 3,699.07.
The Junior Market ended trading with an average PE Ratio of 12.3, 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 six with lower offers.
At the close of the market, Blue Power increased 18 cents to end at $3.68 with investors dealing in 7,642 stocks, Cargo Handlers popped 30 cents in closing at $12, with 306 units crossing the exchange, Caribbean Assurance Brokers rallied 12 cents to $3.82 in trading 4,742 shares. Derrimon Trading dropped 12 cents to close at $1.94 after 8,215 stock units passed through the market, Dolphin Cove rose $1.80 to finish at $23 with an exchange of just 323 shares, Everything Fresh climbed 13 cents and ended at $1.66 with 4,952 units crossing the market. Express Catering fell 29 cents to $4.21 in an exchange of 16,423 stocks, Indies Pharma gained 10 cents and ended at $2.65 with investors transferring 1,863 stock units, ISP Finance advanced $3.96 in closing at $24.96 in switching ownership of 17 shares. Jamaican Teas popped 13 cents to end at $2.34 with investors swapping 4,031 units, Knutsford Express dipped $1.11 to close at $9.50 after an exchange of 4,704 stock units, Limners and Bards increased 9 cents to finish at $1.54 with a transfer of 8,784 stock units. Lumber Depot climbed 10 cents and ended at $2.76 as investors exchanged 502 shares, Mailpac Group lost 8 cents to end at $2.02 after a transfer of 35,500 stocks and Main Event declined 49 cents to close at $12.50 with investors trading 25,529 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.