Big jump in Junior Market trading


Trading activity closed on the Junior Market of the Jamaica Stock Exchange on Friday, with a 73 percent rise in the volume of stocks traded, accompanied by a 30 percent a financial jump in the market over Thursday, following trading in 42 securities, up from 37 on Thursday and ending with prices of 10 rising, 12 declining and 20 closing unchanged.

The market closed with trading of 8,957,951 shares for $8,150,940, well over the 5,175,807 units at $6,259,164 on Thursday.
Trading averaged 213,285 shares at $194,070, after increasing from 139,887 stock units at $169,167 on Thursday with the month to date, averaging 223,080 units at $325,731 compared with 224,239 stock units at $341,308 on the previous day and October with an average of 191,865 shares at $349,252.
One Great Studio led trading with 4.08 million shares for 45.6 percent of total volume, followed by Atlantic Hardware, with 1.22 million stock units for 13.7 percent of the day’s trade and Derrimon Trading with 590,564 stock units for 6.6 percent of the volume traded.
At the close of trading, the Junior Market Index shed 27.32 points to 3,335.70. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.1, based on the last traded price, in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of trading, Cargo Handlers rallied $1.21 and ended at $13.31 in an exchange of only three shares, Caribbean Flavours rose 18 cents to $1.60 with just 1,838 stocks crossing the market, Elite Diagnostic fell 25 cents to end at $1.50 with investors trading 20,000 units. Express Catering sank 54 cents in closing at $2.74 with 14,249 shares passing through the market, Honey Bun declined 99 cents to close at $6.51 with investors dealing in 57,907 stock units, ISP Finance climbed $1.06 to finish at $12.96 with traders switching ownership of a mere one share. Jamaican Teas shed 12 cents to $2.26 with investors swapping 4,407 units, Knutsford Express dropped $1.35 to close at $11.65, with 17,026 stock units changing hands, Paramount Trading popped 21 cents and ended at $1.36 with traders dealing in 26,846 stock units and Stationery and Office Supplies advanced 6 cents in closing at $1.76 after an exchange of 151,787 shares.

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

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