Six companies traded more than a million shares each on the Junior Market of the Jamaica Stock Exchange on Wednesday, driving a surge in trading, with a 73 percent rise in the volume of traded, with 219 percent surge in value over Tuesday, with trading in 41 securities compared with 43 on Tuesday and ending with prices of 15 rising, 18 declining and eight closing unchanged as the market bounced to close out the day.
The market closed with trading of 21,832,367 shares for $68,971,891, up sharply from 12,592,226 units at $21,618,966 on Tuesday.
Trading averaged 532,497 shares at an average of $1,682,241, well above 292,842 stocks at $502,767 on Tuesday, with the month to date, ending with an average of 714,552 units at $1,712,661 compared to 723,102 stock units at $1,714,089 on the previous day and June with an average of 186,843 shares at $332,162.
ONE on ONE Educational led trading with 5 million shares for 22.9 percent of total volume followed by Mailpac Group closed with 3.02 million stocks for 13.8 percent of the volume traded, Knutsford Express which ended with 2.36 million stocks for 10.8 percent of the trading volume, Stationery and Office Supplies swapping 1.77 units with 8.1 percent of stocks traded, Regency Petroleum with 1.68 million units for 6.3 percent of the day’s trade and Derrimon Trading with 1.35 million units for 6.2 percent of market share.
At the close of trading, the Junior Market Index increased 14.09 points to cease trading at 3,425.45. The Investor’s Choice bid-offer indicator shows 10 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 13 based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial fell 13 cents in closing at $17.87 after an exchange of 555 shares, Atlantic Hardware gained 17 cents to 99 cents with 158,909 shares being traded, Blue Power climbed 48 cents to finish at $4.90 in an exchange of 4,237 shares.
Cargo Handlers sank 30 cents to finish at $10.70 with an exchange of 89 shares, Dolphin Cove rose 10 cents in closing at $14.10 after 6,140 stock units passed through the market, Elite Diagnostic slipped 6 cents to end at $1.50 in an exchange of 48,752 shares. Everything Fresh advanced 6 cents in closing at $2.31, with 384 units clearing the market, Fosrich popped 9 cents to $2.69 after a transfer of 703,178 stocks, Future Energy sank 14 cents in closing at $2.86, with investors dealing in 239,358 stock units. GWest Corporation declined 8 cents and ended at 78 cents in an exchange of 241,062 shares, Honey Bun fell 55 cents to finish at $7.40 with investors swapping 7,672 units,
Image Plus gained 6 cents to end at $1 with a transfer of 14,805 stocks. Indies Pharma dipped 7 cents in closing at $3.34 as investors exchanged 121,889 stock units, Iron Rock Insurance lost 94 cents to close at $4, after 19 shares crossed the market, Jetcon Corporation skidded 6 cents and ended at $1.99 with investors trading 11,721 units. Kintyre Holdings dropped 7 cents to close at 19 cents after an exchange of 106,400 stocks, Knutsford Express sank 40 cents to end at $13 with investors trading 2,363,698 stock units, Lasco Financial fell 20 cents to finish at $1.78 in switching ownership of 10,000 shares. Mailpac Group rallied 13 cents and ended at $2.48 with traders dealing in 3,020,502 stocks, Medical Disposables popped 10 cents to $1.50, with 6 units changing hands, Omni Industries climbed 10 cents to close at 90 cents in trading 447,893 stock units. Regency Petroleum rose 47 cents to end at $4.23, crossing the market 1,680,429 shares, Spur Tree Spices skidded 5 cents in closing at 84 cents after an exchange of 370,093 stocks and Stationery and Office Supplies rallied 9 cents to finish at $1.69 with investors swapping 1,768,347 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.