In an active day of trading the Junior Market of the Jamaica Stock Exchange closed on Wednesday, with a 226 percent jump in the volume of stocks traded, with a 304 percent surge in value compared with Tuesday following trading in 45 securities down from 47 on Tuesday and ending with prices of 13 rising, 22 declining and 10 closing unchanged as Blue Power closed at a 52 weeks’ high of $5.05 as the Junior Market Index sank a hefty 47.61 points to wrap up trading at 3,666.14, down 4.7 percent year to date.
The market closed, with trading of 13,162,541 shares for $33,001,212 up solidly from 4,036,639 stock units at $8,176,246 on Tuesday. Trading ended with an average of 292,501 shares at $733,360 up from 85,886 stocks at $173,963 on Tuesday with the month to date, averaging 183,891 stock units at $415,405 compared with 132,444 stock units at $264,794 on the previous day and with an average of 309,920 shares at $766,307 in November.
Dolla Financial led trading with 7.78 million shares for 59.1 percent of total volume and well behind is Omni Industries with 1.13 million stocks for 8.6 percent of the day’s trade and EduFocal with 1.04 million units for 7.9 percent of the day’s trade.
At the close of trading, the Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and four with lower offers.
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 financial years ending around August 2025.
At the close of the market, CAC 2000 climbed 12 cents in closing at $2.55 with 66 stock units crossing the market, Cargo Handlers dipped 39 cents to $12 after an exchange of 1,641 shares, while Consolidated Bakeries lost 19 cents to close at $2 with 7,165 stocks changing hands. Derrimon Trading skidded 10 cents to end at $1.86 with 17,153 units passing through the market, Dolla Financial sank 10 cents to $2.90 after 7,780,944 shares were traded, Dolphin Cove fell 12 cents and ended at $19.55 with investors trading 4,408 stock units. Elite Diagnostic shed 11 cents in closing at $1.90 after an exchange of 100 stocks, Everything Fresh declined 12 cents and ended at $2.11 with investors dealing in 204,416 units, Express Catering sank 9 cents to $3.20 after a transfer of 29,728 stocks. Fontana slipped 14 cents to end at $8.05 with 36,063 units clearing the market,
Fosrich dipped 9 cents to finish at $2.11 as 267,286 shares switched owners, Indies Pharma popped 21 cents to close at $3.40 with investors trading 14,202 stocks. Jetcon Corporation rallied 10 cents to $1.20 in an exchange of 18,927 shares, Knutsford Express sank $1 to finish at $10.50 in the trading of 11,557 stock units, Lasco Financial slipped 7 cents to $1.47 after investors exchanged 1,416 stocks. Lumber Depot fell 16 cents in closing at $2.53 with a transfer of 13,291 units, Regency Petroleum skidded 8 cents to close at $3.10 and closed after an exchange of 503,789 shares, Tropical Battery rose 7 cents to end at $2.58 with 62,433 units changing hands and tTech sank 18 cents in closing at $2.02 with 6,082 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.