Dolla Financial ended trading a sizable 175.8 million shares on the Junior Market of the Jamaica Stock Exchange on Monday, pushing the volume of stocks traded up by a stunning 2,220 percent, with a substantial 3,372 percent jump in value from Thursday, after the market was closed for Labour Day on Friday. The day ended with an exchange of 47 securities, well over the 38 traded hands on Thursday, finishing with prices of 16 rising, 22 declining and nine closing unchanged.
The market closed with trading of 179,754,135 shares with a value of 339,502,708, resulting in a steep climb from 7,748,170 stock units at $9,778,916 on Thursday.
Trading averaged 3,824,556 shares at $7,223,462, well above 203,899 stocks at $257,340 on Thursday, with the month to date, averaging 428,565 stock units at $720,366, substantially more than 195,215 stock units at $273,516 on the previous trading day and April with an average of 199,273 shares at $488,496.
Dolla Financial led trading with 175.80 million shares for 97.8 percent of total volume, followed by MFS Capital Partners, which ended with 1.10 million units for a mere 0.6 percent of the day’s trade and EduFocal with 871,243 stocks for 0.5 percent of the volume traded.
At the close of trading, the Junior Market Index skidded 14.50 points to wrap up trading at 3,412.58. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.3, 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, CAC 2000 popped 11 cents to $2.05, with a mere one share trading, Caribbean Assurance Brokers dipped 32 cents in closing at $2.07 in an exchange of 542 units, Consolidated Bakeries sank 9 cents to $1.66 with investors dealing in 3,416 stocks. Derrimon Trading slipped 6 cents and ended at $1.90 with traders exchanging 131 shares, Dolla Financial lost 9 cents to close at $2.43 with investors switching ownership of 175,800,375 stock units, but only after the price hit an intraday 52 week low of $1.90, Dolphin Cove rallied $1.25 to finish at $13.20 with 73,357 shares crossing the market. Elite Diagnostic fell 4 cents to close at $1.40 but traded at a 52 week low of $1.1, with trading of 11,185 shares, Everything Fresh increased 9 cents and ended at $2.29 with an exchange of 43,160 stocks, Future Energy skidded 9 cents to $3.05 with traders passing 120,833 units through the market, Honey Bun fell 29 cents to finish at $8.10 with investors trading 4,821 stock units. ISP Finance dropped $1.35 in closing at $10.15 with 122 shares clearing the market, Jetcon Corporation sank 9 cents to end at 91 cents with a transfer of 56,081 stock units, KLE Group climbed 17 cents to close at $1.09 after traders exchanged 1,178 stocks. Knutsford Express rose 25 cents to $12.25 with investors swapping 1,800 units, Mailpac Group dipped 12 cents to finish at $2.40 after a transfer of 104,156 stocks, Paramount Trading shed 6 cents and ended at $1 in trading 3,000 units, Spur Tree Spices rose by a cent to $1.07 with 72,361 shares changing hands, down to a 52 week low of 95 cents and Tropical Battery advanced 6 cents to end at $2.16 in an exchange of 195,409 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.