Market activity jumped on the Junior Market of the Jamaica Stock Exchange on Tuesday, with 41 percent more funds coming into the market resulting in a 58 percent hike in the volume of stocks traded over Monday with trading slipped to 43 securities from 44 on Monday, ending with prices of 16 rising, 19 declining and eight closing unchanged with the market index gaining 15.63 points to close at 3,674.88.
The Investor’s Choice bid-offer flashed negative indicators at the close with just two stocks ending with bids higher than their last selling prices and seven with lower offers.
Trading ended with an exchange of 4,711,914 shares for $7,694,366 up from 2,977,846 units at $5,466,817 on Monday. Trading closed with an average of 109,579 shares valued at $178,939 compared with 67,678 stocks at $124,246 on Monday with a month to date, ending with an average of 338,937 stock units at $654,863 compared to 366,876 shares at $712,836 on the previous day and December with an average of 326,483 shares at $898,324.
Omni Industries led trading with 1.04 million shares for 22 percent of total volume followed by Derrimon Trading which ended with 804,617 stock units for 17.1 percent of the day’s trade and Kintyre Holdings with 800,712 stocks for 17 percent of the volume traded.The Junior Market ended trading with an average PE Ratio of 12.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
At the close of trading, Blue Power declined 10 cents to $5.40 with 379 shares changing hands, Caribbean Assurance Brokers popped 20 cents to end at $2.80 after trading 6,134 stocks, Caribbean Flavours shed 21 cents to close at $1.21 with traders dealing in 971 stocks. Derrimon Trading fell 8 cents to finish at $1.82 with 804,617 shares crossing the market, Elite Diagnostic gained 15 cents and ended at $1.80 with investors dealing in 20,188 stock units, Fosrich rose 15 cents to close at $2.30 with 122,100 shares crossing the exchange. Indies Pharma climbed 22 cents to a record close of $3.90 with investors trading 69,888 stock units, Iron Rock Insurance increased 30 cents to end at $4.30 with 189 stocks clearing the market, KLE Group rallied 20 cents in closing at $1.30 with investors swapping 101 shares. Knutsford Express dipped $1.04 to finish at $11.75 in an exchange of 3,049 stock units, Main Event lost 99 cents and ended at $10.81 with 50,194 stocks passing through the market, Regency Petroleum advanced 9 cents to close at $3.19 with investors trading 236,241 shares. Spur Tree Spices popped 23 cents to $1.90 after an exchange of 80,828 stock units and tTech increased 21 cents to finish at $1.91 with a transfer of 3,058 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.