Fosrich dominates Junior Market trading

Trading surged on the Junior Market of the Jamaica Stock Exchange on Wednesday after Fosrich led Junior Market trading for the third time in four days resulting in a 1,006 percent rise in the volume of stocks traded, valued 1,031 percent more than on Tuesday with trading in 42 securities compared with 41 on Tuesday and ending with prices of 13 rising, 22 declining and seven closing unchanged.
The market closed with trading of 50,366,450 shares for $107,450,383 compared with 4,554,464 units at $9,496,646 on Tuesday.
Trading averaged 1,199,201 shares at $2,558,342 compared with 111,084 units at $231,626 on Tuesday with the month to date, averaging 705,773 units at $1,511,581 compared with 657,577 stock units at $1,409,339 on the previous day and April that ended with an average of 204,118 units at $439,599.
Fosrich led trading with 46.82 million shares for 93 percent of total volume followed by Everything Fresh with 826,380 units for 1.6 percent of the day’s trade and EduFocal with 576,820 units for 1.1 percent market share.
At the close of trading, the Junior Market Index sank 28.41 points to end at 3,645.18, down 5.3 percent year to date.
The Junior Market ended trading with an average PE Ratio of 11.7 based on last traded prices in conjunction with earnings projected by ICInsider.com for the 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 three with lower offers.
At the close, Access Financial lost $1.28 to end at $19.82 in switching ownership of 75 stocks, AMG Packaging shed 20 cents and ended at $3.30, with 100 units crossing the market, Blue Power fell 67 cents to end at $2.95 with investors trading 23 shares. CAC 2000 advanced 33 cents in closing at $3.71, with 3,274 stock units changing hands, Cargo Handlers declined $1 to finish at $12 with investors dealing in 5,345 shares, Caribbean Assurance Brokers sank 18 cents to close at $3.20, with 62 stocks clearing the market. Caribbean Cream dropped 26 cents to $3.94 with traders dealing in 5,351 units, Consolidated Bakeries popped 12 cents and ended at $2.18 after a transfer of 830 stock units, Dolla Financial climbed 12 cents to finish at $2.74 after trading 52,707 shares. Fontana rose 10 cents in closing at $8.50 following an exchange of 27,038 stock units, Honey Bun dipped 59 cents to end at $7.26 with 3,827 stocks crossing the market, Indies Pharma skidded 33 cents to close at $2.37 as investors exchanged 155,065 units. Jetcon Corporation rallied 12 cents to end at 99 cents after 1,967 stocks passed through the market, JFP Ltd slipped 10 cents to close at 52 weeks’ low of $1.02 after an exchange of 109,949 units, Limners and Bards increased 27 cents in closing at $1.52 with investors trading 25,580 shares. Mailpac Group gained 7 cents to end at $2.08 in an exchange of 87,964 stock units, Medical Disposables sank 28 cents and ended at $2 with investors swapping 14,098 shares, MFS Capital Partners rose 28 cents to finish at $1.39 with a transfer of 10,636 stock units. Paramount Trading dipped 32 cents and ended at a 52 weeks’ low of $1.17 with 5,097 units crossing the exchange, Regency Petroleum climbed 12 cents to $2.18 in trading 124,961 stocks and Stationery and Office Supplies lost 9 cents to end at $1.64 after an exchange of 751 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.