Junior Market jumps to close out July

Trading activity closed with a higher volume of stocks trading at a higher price on Wednesday than the day before on the Junior Market of the Jamaica Stock Exchange, with a 60 percent rise in the volume of stocks traded, having a 76 percent greater value than on Tuesday, with trading in only 39 securities down from 42 on Tuesday and ending with prices of 24 rising, just seven declining and eight closing unchanged.
The market closed with 13,080,235 shares trading for $24,542,488 up from 8,181,403 stock units at $13,963,946 on Tuesday.
Trading averaged 335,391 shares at $629,295 compared with 194,795 units at $332,475 on Tuesday. Trading for the month to date averages 358,542 units at $736,760 compared to 359,618 stock units at $741,756 on the previous day and June with an average of 318,732 units at $696,979.
Jamaican Teas led trading with 1.80 million shares for 13.8 percent of total volume followed by Indies Pharma with 1.47 million stocks for 11.2 percent of the day’s trade, JFP Ltd with 1.42 million units for 10.9 percent market share, EduFocal with 1.42 million stocks for 10.9 percent of the market trade and Omni Industries with 1.31 million units for 10 percent of total volume.
At the close of trading, the Junior Market Index jumped 69.94 points to end at 3,761.94.
The Junior Market ended trading with an average PE Ratio of 12.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial climbed $3.39 to end at $21.90 after 1,612 stocks passed through the market, Cargo Handlers rallied 26 cents to $11.49 with investors trading 689 stock units, Caribbean Assurance Brokers popped 28 cents to $3.73 with 275 shares clearing the market. Consolidated Bakeries sank 20 cents to finish at $2 with investors trading 115 stock units, Dolphin Cove gained 9 cents and ended at $22.09, with just 230 shares crossing the market, EduFocal rose 5 cents to close at 42 cents with investors trading 1,422,399 units. Express Catering rallied 57 cents to $4 in switching ownership of 512 stocks, Honey Bun advanced 8 cents to end at $8.58, with 4,909 stock units crossing the exchange, Image Plus rose 13 cents in closing at $1.84 after 13,824 shares were traded. Indies Pharma gained 27 cents to finish at $2.79 with an exchange of 1,466,864 units, JFP Ltd skidded 14 cents and ended at 99 cents in closing with an exchange of 1,424,982 stocks, KLE Group popped 20 cents to close at $2.20 after an exchange of 900 stock units. Knutsford Express rallied 60 cents to $11.40 in trading 19,315 shares, Limners and Bards fell 24 cents and ended at $1.35 after an exchange of 26,000 stocks, Main Event increased 93 cents to end at $11.99 with a transfer of 48 units. Omni Industries climbed 5 cents in closing at $1.10 as investors exchanged 1,306,130 stock units, Regency Petroleum advanced 20 cents to close at $2.60, with 813,841 shares changing hands, Spur Tree Spices dipped 8 cents to finish at $2.02 with traders dealing in 106,261 units and tTech rose 15 cents to $2.80 in an exchange of 61,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.