Gains for Junior Market to close week

Rising stocks drove the Junior Market of the Jamaica Stock Exchange higher on Friday, with the market index touching over 3,760 points before falling back to close 29.00 points higher for the day at 3,717.69, following trading in 40 securities up from 37 on Thursday and ending with prices of 15 rising, 13 declining and 12 closing firm after a 29 percent decline in the volume of stocks traded, with 42 percent less value than Thursday.
Trading closed with 5,633,135 shares for $10,782,635 down from 7,971,053 units at $18,706,118 on Thursday.
Trading averaged 140,828 shares at $269,566 compared to 215,434 units at $505,571 on Thursday. Trading for the month to date, averages 215,926 units at $441,345 down from 224,156 stocks at $460,170 on the previous day and May with an average of 451,257 units at $953,021.
Omni Industries led trading with 2.45 million shares for 43.4 percent of total volume followed by Lasco Financial with 575,941 units for 10.2 percent of the day’s trade and Dolla Financial with 569,701 units for 10.1 percent market share.
The Junior Market ended trading with an average PE Ratio of 12.4, 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 two with lower offers.
At the close, AMG Packaging lost 19 cents to end at $3.30 with investors dealing in 10,000 shares, Blue Power gained 64 cents to $3.69, with 22,683 stocks clearing the market, CAC 2000 sank 22 cents to $3.30 after trading of 283 shares. Cargo Handlers slipped 26 cents to end at $13 after 300 stock units passed through the market, Caribbean Assurance Brokers fell 22 cents and ended at $3.55 and closing with 45,389 shares passing through the market, Consolidated Bakeries rose 15 cents to finish at $2.15 with investors trading just 51 stocks. Dolphin Cove rallied $3 and ended at $22.50 in switching ownership of 8,499 units, Express Catering dropped 99 cents to $4 after a transfer of 406,642 stock units, Image Plus popped 11 cents to end at $1.86 with investors swapping 36 shares. Jetcon Corporation advanced 10 cents in closing at 80 cents with a transfer of 301 stock units, Lasco Financial climbed 15 cents to finish at $1.70 as investors exchanged 575,941 stocks, MFS Capital Partners shed 18 cents to end at a 52 weeks’ closing low of $1.02 after it hit an intraday low of 95 cents with 428,315 stocks being traded. Omni Industries gained 9 cents to $1.12 with an exchange of 2,447,168 shares, Spur Tree Spices popped 9 cents in closing at $2.35, with 323,059 stocks crossing the market and Tropical Battery rallied 11 cents and ended at $2.23 with traders dealing in 37,485 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.