Junior Market dips with jump in trading


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with the volume of stocks traded rising 101 percent, carrying a 180 percent more value than Monday, following trading in 42 securities compared with 45 on Monday and ending with prices of 13 rising, 12 declining and 17 closing unchanged.

The market closed with trading of 7,319,727 shares for $14,054,114, well above the 3,649,342 units at $5,015,277 on Monday.
Trading averaged 174,279 shares at $334,622, well up on the 81,096 stocks at $111,451 on Monday, with the month to date, average of 125,138 units at $197,219, up from 109,139 stock units at $152,484 on the previous day and April that ended with an average of 199,273 shares at $488,496.
Derrimon Trading led trading with 1.46 million shares for 20 percent of the total volume, followed by ONE on ONE Educational, which ended with 741,020 stock units for 10.1 percent of the day’s trade and RA Williams with 714,198 stocks for 9.8 percent of the volume traded.
At the close of trading, the Junior Market Index slipped 20.88 points to 3,459.93. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and seven with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.9, based on the last traded prices and earnings projected by ICInsider.com for financial year ending around August 2025.
At the close of the market, Blue Power climbed 20 cents to end at $5.09 with investors passing 13,998 shares through the market, Dolla Financial dipped 12 cents to $2.55 in an exchange of 291,072 stock units, Dolphin Cove rose $1.72 in closing at $13.72 with investors dealing in 55,035 shares.
Fontana rallied 18 cents and ended at $9.18 after an exchange of 107,405 stocks, Honey Bun popped 8 cents to close at $8.10 in trading 614 units, Jetcon Corporation gained 9 cents to finish at $1.10 with traders dealing in 3,720 stocks. KLE Group advanced 13 cents to $1.05 with an exchange of 500 units, Limners and Bards sank 12 cents to finish trading 10,833 shares at $1.07, Omni Industries declined 7 cents and ended at 87 cents as investors exchanged 405,831 stock units and Stationery and Office Supplies increased 8 cents in closing at $1.52 with traders switching ownership of 4,543 shares.

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

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