After a solid surge in the Jamaica Stock Exchange Junior Market index on Wednesday with a rise of 85 points the market put on another spirited run on Thursday, following a 49 percent rise in the volume of stocks traded, with 56 percent more value than on Wednesday with trading in 44 securities down from 48 on Wednesday and ended with prices of 17 rising, 15 declining and 12 closing unchanged.
The market ended with trading in 14,349,215 shares for $30,292,181 solidly up from 9,643,194 units at $19,408,961 on Wednesday.
Trading averaged 326,119 shares at $688,459 compared with 200,900 stocks at $404,353 on Wednesday with a month to date, average of 311,801 units at $771,468 versus 311,053 stock units at $775,806 on the previous day and October with an average of 196,034 shares at $399,810. Several stocks traded more than a million shares each, with Regency Petroleum leading with 2.40 million shares for 16.7 percent of total volume followed by Derrimon Trading with 2.05 million stocks for 14.3 percent of the day’s trade, Jamaican Teas followed with 1.96 million units for 13.7 percent market share, ONE on ONE Educational ended with 1.85 million shares for 12.9 percent of stocks traded, Dolla Financial ended with 1.40 million stock units for 9.8 percent trading and Fosrich with 1.24 million units for 8.6 percent of total volume.At the close of trading, the Junior Market Index popped 20.90 points to wrap up trading at 3,732.65. The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings that are projected by ICInsider.com for the financial years ending around August 2025.
At the close of an active market, Blue Power popped 10 cents to $4.30 and closed with an exchange of 1,100 shares, CAC 2000 declined 22 cents to end at $2.01 with investors dealing in 151 stock units, Cargo Handlers fell 18 cents to end trading at $12.38 after an exchange of 388 shares. Consolidated Bakeries rose 19 cents to finish at $2.16 with 440 stock units changing hands, Dolphin Cove rose 14 cents and ended at $19.74 with investors trading 26,850 shares, Fontana rallied 15 cents to end at $8.15 with 6,729 units crossing the market. Future Energy gained 7 cents to end at $3.77 after investors exchanged 31,203 stocks, Honey Bun lost 22 cents to close at $8.21 after 1,993 stock passed through the market, Kintyre Holdings formerly iCreate, ended at 40 cents with investors trading 60,000 shares. Lasco Financial rose 10 cents to close at $1.65 after an exchange of 458,930 stock units, Lumber Depot gained 10 cents to finish at $2.55 with 348,726 stock units crossing the market, Mailpac Group popped 15 cents and ended at $2.65 with an exchange of 267,008 stock units. Main Event increased 17 cents to $10.97 after investors ended trading 72,028 shares, One Great Studio climbed 9 cents to finish at 70 cents with 387,033 units crossing the exchange, Regency Petroleum rallied 20 cents and ended at $3.05 in switching ownership of 2,395,167 stocks. Stationery and Office Supplies dipped 8 cents to close at $1.50 after a transfer of 139,899 stock units and tTech fell 30 cents in closing at $2 in trading 1,632 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.