Trading surged with Jamaica Teas accounting for $23 million and 53 percent of the of the $43 million of stocks traded, on the Junior Market of the Jamaica Stock Exchange on Thursday, following a 29 percent jump in the volume of stocks traded, with a 113 percent surge in value over Wednesday. At the close, 42 securities were exchanged, up from 40 on Wednesday, with prices of 16 rising, 16 declining and 10 closing unchanged.
The market closed with trading of 22,506,910 shares for $42,994,803, compared with 17,490,906 units at $20,183,775 on Wednesday.
Trading averaged 535,879 shares for $1,023,686, after climbing from 437,273 stock units at $504,594 on Wednesday with the month to date, averaging 383,022 units with an average value of $539,615 up from 343,392 stock units at $414,115 on the previous day, with an average of 504,653 shares at $502,169 forApril.
Jamaican Teas led trading with 10.63 million shares for 47.2 percent of total volume, followed by Jetcon Corporation with 3.01 million stock units for 13.4 percent of the day’s trade, Derrimon Trading closed with 2.63 million stocks for 11.7 percent of the volume traded and Kintyre Holdings with 2.24 million units for 10 percent of market trade.
At the close of trading, the Junior Market Index advanced 13.96 points to finish at 3,160.70. The Investor’s Choice bid-offer indicator shows three 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 15.
ICInsider.com compiles the PE ratios, which is derived by dividing the last traded price of a stock by the earnings per share, for companies with their fiscal year ending around August 2026.
At the close of trading on Thursday, AMG Packaging sank 25 cents to finish at $1.80 with an exchange of 109,027 shares, after hitting an intraday low of $1.78, Atlantic Hardware rose 20 cents and ended at $1.70 with 12,776 stocks crossing the market, Caribbean Assurance Brokers lost 9 cents to $1.31 in switching ownership of 17,522 shares. Caribbean Flavours sank 6 cents to end at $1.34 with investors trading 100 stock units, Consolidated Bakeries shed 21 cents in closing at $1.38 in an exchange of 2,133 units, Dolla Financial popped 10 cents to close at $2.50 with investors dealing in 596,041 shares. Elite Diagnostic declined 11 cents to $1.29 with 77,281 stock units clearing the market, Express Catering rallied 28 cents to end at $2.35 in trading 45,803 stocks, Fosrich fell 30 cents to close at a 52 weeks low of $1.70 with 423,051 units changing hands.
Iron Rock Insurance increased 14 cents to $2.69 with investors trading 11 stocks, Jetcon Corporation climbed 20 cents to finish at $2.65 after an exchange of 3,009,209 shares, KLE Group slipped 12 cents and ended at 80 cents with 24 stock units crossing the market. Limners and Bards dipped 5 cents to 70 cents after an exchange of 5,808 units, Main Event slipped 5 cents to finish at $6.80 after traders swapped 2,369 shares, Medical Disposables skidded 16 cents and ended at $1.16 with 10,000 units changing hands. Omni Industries rose 6 cents in closing at 96 cents in an exchange of 9 stocks, Paramount Trading advanced 13 cents to close at $1.03 with investors swapping 18,904 stock units, Regency Petroleum sank 5 cents to end at $4.45 with 21,872 shares crossing the exchange and Spur Tree Spices lost 6 cents to 95 cents with a transfer of 52,517 units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.