Dolphin Cove jumps 23% on Junior Market


Dolphin Cove jumped 23 percent to close at a 52 weeks high of $14.85, with trading in 31,458 shares following the news that a new company has negotiated to acquire the majority shares. Trading closed on the Junior Market of the Jamaica Stock Exchange on Wednesday, with an exchange of 43 securities, up from 39 on Tuesday and ending with prices of 19 rising, 14 declining and 10 closing unchanged, sending the market higher at the close.

The market closed with a 39 percent drop in the number of shares traded amounting to 7,025,518 units, down from 11,477,220 units on Tuesday, following a 36 percent fall in value to $12,095,456, vastly lower than the $18,916,410 traded previously.
Trading averaged 163,384 shares at $281,290, after falling from 294,288 stock units at $485,036 on Tuesday. Trading month to date, averages 253,036 stocks at $385,831, down from 262,579 units at $396,957 on the previous day and June, with an average of 1,591,326 shares at $1,703,148.
Derrimon Trading led activity with 1.13 million shares for 16.1 percent of total volume, followed by Image Plus with 965,218 units for 13.7 percent of the day’s trade and Dolla Financial with 753,112 stocks for 10.7 percent of the volume traded.
At the close of trading, the Junior Market Index climbed 19.79 points to 2,991.76. The Investor’s Choice bid-offer indicator ended with four 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 12.2. ICInsider.com compiles all the PE ratios, derived by dividing the last traded prices of stocks by earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading activity, AMG Packaging skidded 27 cents to $1.55 with a transfer of 10,842 units, Blue Power fell 41 cents to $2.96 as investors exchanged 103,473 stocks, Caribbean Cream increased 24 cents in closing at $1.49 in trading 59,281 shares, ahead of a surge in profits for the first quarter of $45 million versus a loss of $14 million in 2025. Consolidated Bakeries popped 5 cents to finish at $1.40 after an exchange of 1,251 stock units, Derrimon Trading dipped 10 cents and ended at $1.14 with investors swapping 1,133,308 shares, Dolphin Cove advanced $2.85 to a 52 weeks high of $14.85 in an exchange of 31,458 units. Future Energy rose 15 cents to $3.40 after the trading of 512,425 stocks, Honey Bun lost 39 cents to finish at $5.50 with 130,038 stock units crossing the market, Image Plus gained 8 cents and settled at 93 cents after an exchange of 965,218 shares and first quarter profit more than doubled to $33 million from $14 million in 2025. Iron Rock Insurance shed 15 cents to end at $2.25 with investors trading 630 stocks, Jetcon Corporation declined 18 cents in closing at $3.15 in switching ownership of 22,094 units, Knutsford Express rallied 31 cents to $7.65 with 10,368 stock units changing hands. Limners and Bards climbed 11 cents to $1.13 with an exchange of 62 shares, Mailpac Group dropped 15 cents to $2.40 with 22,023 stock units passing through the market, Medical Disposables slipped 8 cents in closing at 90 cents with investors dealing in 2,000 stocks. ONE on ONE Educational rose 7 cents and ended at 80 cents in an exchange of 249,712 units and Stationery and Office Supplies fell 9 cents to finish at $1.52 with 104,100 stocks crossing the market.
Closing prices of stocks are those of the last transaction.

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