The Junior Market of the Jamaica Stock Exchange closed at its highest level for September on Monday, with the market Index popping 14.44 points to end at 3,439.37, following a 22 percent rise in the volume of stocks traded, at a 25 percent lower value than Friday. Similar to trading on Friday, 41 securities changed hands and ended with prices of 11 rising, 22 declining and eight closing unchanged, but the market index rose at the close of trading.
The market closed with trading of 3,624,819 shares for $4,546,581 compared with 2,982,944 units at $6,078,129 on Friday.
Trading averaged 88,410 shares at $110,892 compared to 72,755 stock units at $148,247 on Friday, with the month to date, averaging 69,408 units at $120,089 versus 65,589 shares at $121,937 on the previous trading day and August that ended with an average of 236,241 shares at $494,923.
Kintyre Holdings led trading with 1.97 million shares for 54.3 percent of total volume, followed by Dolla Financial, with 463,498 units for 12.8 percent of the day’s trade and Mailpac Group with 288,371 stocks for 8 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of trading on Monday, Atlantic Hardware declined 6 cents to 88 cents, with the trading of 105,035 shares, Derrimon Trading advanced 5 cents and ended at $1.84, after 29,648 units passed through the market, Dolla Financial shed 5 cents to close at $2.45 after trading of 463,498 stocks. Dolphin Cove sank 19 cents to close at $14.20, with 3,962 shares clearing the market, GWest Corporation popped 7 cents to end at 80 cents in switching ownership of 2,150 stock units, Honey Bun increased 10 cents in closing at $7.90 after an exchange of 21,714 shares. Iron Rock Insurance lost 41 cents to $3.50 with investors swapping 100 units, ISP Finance skidded $2.37 to end at $14.43 after a transfer of 160 stocks, Jamaican Teas climbed 15 cents in closing at $2.33, with investors trading 934 stock units. Lumber Depot fell 10 cents and ended at $2.60 with an exchange of 20,078 shares, Mailpac Group dipped 5 cents to finish at $2.50 in trading 288,371 units, Medical Disposables sank 27 cents to close at $1.32, with 809 stocks crossing the market and Stationery and Office Supplies rose 19 cents to $1.78 with traders dealing in 4,920 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.