Junior Market jumps

Trading activity picked up on the Junior Market of the Jamaica Stock Exchange on Tuesday, with a 37 percent rise in the volume of stocks traded, with 57 percent more value than on Monday from trading in 41 securities similar to Monday and ended with prices of 19 rising, 17 declining and five closing unchanged with the Market index jumping sharply by the close, after One Great Studio declined to a 52 weeks’ low and Lumber Depot closed at a 52 weeks’ high.
The market closed with trading of 12,025,717 shares for $22,278,049 compared with 8,781,829 units at $14,225,827 on Monday.
Trading averaged 293,310 shares at $543,367 up from 214,191 stocks at $346,971 on Monday with trading month to date, averaging 352,691 stock units at $481,054 compared with 356,375 units at $477,189 on the previous day and July averaging 358,542 shares at $736,760.
Jamaican Teas led trading with 5.55 million shares for 46.1 percent of total volume followed by ONE on ONE Educational with 1.98 million units for 16.5 percent of the day’s trade and EduFocal with 564,254 stocks for 4.7 percent market share.
At the close of trading, the Junior Market Index popped 46.21 points to 3,603.13.
The Junior Market ended trading with an average PE Ratio of 12.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial rose 6 cents in closing at $21.56, with 101 shares changing hands, AMG Packaging shed 5 cents to $2.76 with 6,104 stocks crossing the exchange, CAC 2000 shed 23 cents to end at $2.20 after a transfer of 433 shares. Caribbean Flavours popped 37 cents to finish at $1.49 with 6,711 stock units passing through the market, Consolidated Bakeries sank 5 cents and ended at $2.20 in an exchange of 84 shares, Derrimon Trading rallied 8 cents to close at $1.90 with 373,769 stocks clearing the market. Elite Diagnostic rallied 12 cents to close at $1.70 with investors trading 66,403 units, Fosrich rose 11 cents to $2.21 after an exchange of 367,752 stock units, Honey Bun skidded 40 cents and ended at $8, with 15,505 shares crossing the market. iCreate gained 5 cents to end at 43 cents in switching ownership of 60,001 stocks, Iron Rock Insurance sank 15 cents to close at $3 after an exchange of 115,414 units, Jamaican Teas advanced 10 cents to finish at $2.20 in trading 5,549,785 stock units. Knutsford Express dropped $2.56 to $8.01 and closed with 2,001 shares changing hands, Lasco Financial rose 15 cents to finish at $1.75 in an exchange of 1,490 units, Lumber Depot rallied 25 cents and ended at a 52 weeks’ high of $2.99 with investors swapping 453,842 stocks. Mailpac Group popped 5 cents to close at $2.15 with 267,468 stock units crossing the market, Main Event advanced 10 cents to end at $10.10 with investors trading 285 shares, MFS Capital Partners lost 8 cents in closing at 64 cents with an exchange of 173,567 units. Spur Tree Spices increased 13 cents to $1.81 with a transfer of 151,145 stocks, Stationery and Office Supplies climbed 7 cents to end at $1.67 with investors dealing in 221,881 stock units, Tropical Battery gained 6 cents in closing at $2.44 as investors exchanged 71,568 shares and tTech slipped 8 cents to close at $2.02 in trading 17,240 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.