Trading activity slipped on the Junior Market of the Jamaica Stock Exchange on Monday, but the market index jumped with a robust gain following a 10 percent fall in the volume of stocks traded with a 38 percent lower value than Friday with trading in 46 securities up from 44 on Friday and ending with prices of 20 rising, 13 declining and 13 closing unchanged as the market flirts once more with the 3,700 points market in sight.
The market ended with the trading of 4,427,056 shares at $10,204,392, down from 4,903,746 stock units at $16,541,029 on Friday.
Trading averaged 96,240 shares at $221,835 compared with 111,449 stocks at $375,932 on Friday with a month to date average of 275,168 units at $514,151 compared with 286,157 stock units at $532,104 on the previous day and December with an average of 326,483 shares at $898,324. Fosrich led trading with 1.07 million shares for 24.2 percent of total volume followed by Jamaican Teas with 859,266 stock units for 19.4 percent of the day’s trade and Kintyre Holdings with 763,668 stocks for 17.3 percent of the volume traded. At the close of trading, the Junior Market Index climbed 59.94 points to close at 3,692.31. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers. The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025. At the close of the trading activity, Access Financial dipped 68 cents and ended at $16.32 with 608 stock units crossing the exchange, Blue Power sank 10 cents to $5.34 in trading of 18 shares, Caribbean Cream rose 19 cents to end at $2.98 after an exchange of a mere 49 units. Derrimon Trading climbed 15 cents in closing at $1.95 with 61,092 stocks clearing the market, Dolphin Cove increased 25 cents to close at $19.25 as investors exchanged 6,425 shares, Fontana popped 22 cents to finish at $9.18 with 265,037 stocks passing through the market. Fosrich advanced 11 cents to $2.25 after a transfer of 1,072,887 units, Future Energy shed 12 cents in closing at $3.38 with 27,682 stock units changing hands,
Iron Rock Insurance dipped 10 cents to end at $4.20 with a transfer of 4,710 shares. Jamaican Teas gained 17 cents to finish at $2.25 with 859,266 stock units crossing the market, KLE Group rallied 12 cents and ended at $1.22 with an exchange of just 51 stocks, Limners and Bards rose 7 cents to close at $1.27 with 4,883 units crossing the market. Lumber Depot climbed 13 cents to $2.68 in trading 89,213 shares and Main Event popped 68 cents in closing at $11.48 after an exchange of just 4 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.