Trading activity closed on the Junior Market of the Jamaica Stock Exchange on Wednesday, with a 29 percent rise in the volume of stocks traded and an 11 percent dip in the value compared to Tuesday. The market closed with prices of 20 securities rising, 13 declining and seven closed unchanged after trading in only 40 securities, down from 43 on Tuesday.
The market closed with trading of 10,665,603 shares for $11,120,474, compared with 8,284,109 units at $12,511,780 on Tuesday.
Trading averaged 266,640 shares at $278,012, versus 192,654 stock units at $290,972 on Tuesday with trading month to date, averaging 240,336 shares at $358,764 from 238,614 stock units at $364,050 on the previous day and well below June, with an average of 1,591,326 shares at $1,703,148.
Derrimon Trading led trading with 2.84 million shares for 26.7 percent of total volume, followed by MFS Capital Partners with 2.83 million stocks for 26.5 percent of the day’s trade and Fosrich with 1.61 million units for 15.1 percent of the day’s trade.
At the close of trading, the Junior Market Index increased 15.20 points to close at 2,993.85.
The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.7. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with fiscal year ends around August 2026.
At the close of trading, Access Financial increased $2.25 to $19.74 with investors trading 19,398 shares, AMG Packaging slipped 6 cents to $1.74 with 23,889 shares changing hands, Blue Power rose 20 cents to close at $3.33 with an exchange of 9,986 shares. Cargo Handlers rallied $1.99 to close at $17.99 with a transfer of 165 stock units, Caribbean Assurance Brokers rose 32 cents to $1.32 following an exchange of 16,717 shares, Derrimon Trading climbed by 12 cents to cfinish trading at $1.27 with 2,843,453 units crossing the exchange. Dolla Financial advanced 17 cents to $2.97 with a transfer of 42,060 stocks, Dolphin Cove lost $1.30 to close at $11.02 with 10,121 stock units clearing the market, Fosrich rallied 5 cents to $1.48 with an exchange of 1,606,958 shares. Future Energy skidded 9 cents in closing at $3.51 with 183,833 stock units crossing the market, Image Plus fell 19 cents to finish at $1.06 in switching ownership of 77,205 stocks,
Iron Rock Insurance rose 18 cents to $2.09 after an exchange of 3 units. Jamaican Teas climbed 12 cents to $2.13 with 1,912 shares changing hands, Lasco Financial declined 23 cents in closing at $1.62 after a transfer of 220,815 stocks, Limners and Bards inched 8 cents higher to close at $1.10 with 37,350 units crossing the market. Lumber Depot shed 9 cents to $2.46 after an exchange of 39,621 stock units, MFS Capital Partners popped 8 cents to finish at 47 cents with investors swapping 2,826,086 shares, Omni Industries rallied 8 cents and ended at 97 cents in an exchange of 132,803 stock units and Regency Petroleum gained 5 cents to close at $4.30 with 31,358 stocks passing through the market.
The closing prices of securities are those of the last transaction.