Junior Market bounces


The Junior Market of the Jamaica Stock Exchange bounced on Thursday, following a 52 percent rise in the volume of stocks traded, with a 22 percent greater value than Wednesday, with trading in 46 securities on both days and ending with prices of 15 rising, 14 declining and 17 closing unchanged.

The market closed with trading of 6,378,257 shares for $9,740,845, up from 4,199,125 stock units at $7,967,838 on Wednesday.
Trading averaged 138,658 shares at $211,757, well over the 91,285 shares at $173,214 on the prior day with a month to date average of 170,179 units at $465,057, in line with 172,449 stock units at $483,292 on the previous day and lower than March with an average of 307,021 shares at $759,432.
ONE on ONE Educational led trading with 2.30 million shares for 36.1 percent of the total volume, followed by Derrimon Trading with 2.12 million units for 33.2 percent of the day’s trade and Stationery and Office Supplies with 545,315 shares for 8.5 percent of the volume traded.
At the close of trading, the Junior Market Index rose 18.58 points to 3,424.50. The Investor’s Choice bid-offer indicator shows six 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 14.2, based on last traded prices and projected earnings computed by ICInsider.com for financial years ending around August 2025.
At the close of a rising market, Blue Power dipped 41 cents to end at $4.59 with traders dealing in 2,876 shares, CAC 2000 rose 11 cents to $2.40 with 4,405 units passing through the market, Cargo Handlers sank 60 cents to finish at $10.50 with a transfer of 3,010 shares. Caribbean Assurance Brokers lost 11 cents and ended at $2.40 with investors swapping 31,525 stocks, Consolidated Bakeries declined 15 cents to close at $1.65 with an exchange of 1,177 stock units, Dolla Financial sank 6 cents in closing at $2.49 in the trading of 167,343 shares. Dolphin Cove dipped $2.41 to a 52 weeks’ closing low of $11.14 after closing with an exchange of 9,064 units, GWest Corporation rallied 13 cents and ended at $1 with investors dealing in 10,060 stocks, Indies Pharma increased 18 cents to end at $3.50 with 42,473 stock units clearing the market. ISP Finance climbed $1 to end at $11 with investors trading 22 shares, Limners and Bards fell 5 cents to close at $1.11 after an exchange of 18,360 stocks, Mailpac Group dropped 5 cents to finish at $2.40 in trading 51,928 units. Main Event popped 7 cents to $10.97 after a transfer of 2,400 stock units, Regency Petroleum gained 7 cents in closing at $3.37 with 1,237 shares crossing the exchange, Spur Tree Spices advanced 5 cents to end at $1.22 in switching ownership of 340 stocks and Stationery and Office Supplies shed 5 cents and ended at $1.45 as investors exchanged 545,315 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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