Trading picked up sharply in July, with an average of 1,204,337 shares at $756,913, on the Junior Market of the Jamaica Stock Exchange, the best monthly performance in 18 months and well ahead of June this year, with an average of just 186,843 shares at $332,162.
One has to go back in time to find a better month of trading, with the average for December 2023 of 466,866 units at $1.11 million.
Trading in July to date is ahead of the previous 6 months. Trading volume for July is skewed by more than 356 million shares on the first of July, with RA Williams trading just over 351 million shares and 45 million on the second, with the overall trading on the Junior Market for that day reaching 57 million.
The average monthly trading for the early months of 2025 shows May with an average of just 419,466 units at $701,563, April with an average of 199,273 shares at $488,496. The average for March was 307,021 units at $759,432, February an average of 246,071 shares at $454,487, January averaged 346,715 units at $601,238 and December 2024, an average of 326,483 shares at $898,324.
The Main Market has not joined the Junior Market with increased trading in July. For the month to date, trading averages 237,449 units at $1,396,485, compared to June with an average of 183,242 units at $1,532,211, well below May with an average of 245,284 units at $2,050,773, and far off from April with an average of 1,417,136 stock units at $6,010,754.