Gains for Junior Market

Rising stocks were outnumbered by declining ones following trading on Thursday of 46 securities up from 44 on Wednesday and ending with prices of 15 rising, 20 declining and 11 closing unchanged with Jamaica Stock Exchange Junior Market index climbing 36.35 points to 3,767.81, in a pre-month end rally after a 118 percent rise in the volume of stocks traded, valued 20 percent more than Wednesday.
The market closed with trading of 14,041,506 shares for $22,981,018 compared with 6,431,836 units at $19,123,963 on Wednesday.
Trading averaged 305,250 shares at $499,587 compared to 146,178 units at $434,636 on Wednesday with the month to date, averaging 387,043 stocks at $689,302 compared with 391,728 shares at $700,170 on the previous day and with August that averaged 389,714 units at $570,529.
ONE on ONE Educational led trading with 4.33 million shares for 30.8 percent of total volume followed by Derrimon Trading with 2.20 million stocks for 15.7 percent of the day’s trade, EduFocal closed with 1.73 million units for 12.3 percent market share, Jamaican Teas with 1.45 million stock shares for 10.3 percent market share and Fosrich with 1.23 million stock units for 8.8 percent of total volume.
The Junior Market ended trading with an average PE Ratio of 12.7, 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 six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of trading, Access Financial gained 10 cents in closing at $18.50 after switching ownership of 3,014 stock units, Blue Power skidded 20 cents to $4.20 with investors dealing in 746 shares, Cargo Handlers fell 24 cents to close at $11.66 with a transfer of 39 units. Consolidated Bakeries increased 10 cents and ended at $2.20 in trading 9,495 stocks, Dolla Financial popped 16 cents to end at $3.30 in an exchange of 132,821 shares, Dolphin Cove slipped 34 cents to finish at $22.30 with investors swapping 6,393 stocks. Everything Fresh advanced 19 cents and ended at $2.14 with 27,023 changing hands, Express Catering sank 28 cents to $3.24 in an exchange of 86,840 stock units, Fosrich rose 9 cents to end at $2.47 with investors trading 1,231,846 shares. Future Energy rallied 22 cents in closing at $3.73 after an exchange of 165,333 stock units, GWest Corporation dropped 11 cents to close at 88 cents with 7,231 stocks crossing the market, Honey Bun gained 59 cents to finish at $8.24 with an exchange of 29,222 units. ISP Finance shed 8 cents and ended at $22.40 after trading of just 2 stocks, Jamaican Teas rose 16 cents to $2.47 after an exchange of 1,453,246 units, Lasco Financial declined 7 cents to end at $1.65 in trading 17,609 shares. Limners and Bards sank 19 cents in closing at $1.15, with 157,092 stock units crossing the exchange, Lumber Depot lost 17 cents to close at $2.70 after a transfer of 575,060 shares, Main Event dipped $1.79 to finish at $11 with 4,665 stocks clearing the market. Regency Petroleum traded at a 52 weeks’ intraday high of $2.90 after investors traded in 73,873 shares, Paramount Trading gained 30 cents to $1.53 as investors exchanged 889 units and Tropical Battery popped 27 cents to close at $2.67 with 232,505 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.