Junior Market jumps to close out week

Stocks rebounded sharply in prices on Friday and ended with more shares trading, with a slightly lower value than on Thursday at the close of the Junior Market of the Jamaica Stock Exchange, resulting in a 53 percent decline in the volume of stocks traded, with 16 percent lower value following trading in only 36 securities down from 40 on Thursday and ending with prices of 18 rising, nine declining and nine closing unchanged.
Trading ended with 5,151,901 shares for $13,657,450 versus 11,052,377 units at $16,339,934 on Thursday.
Trading averaged 143,108 shares at $379,374 compared with 276,309 units at $408,498 on Thursday. trading for the month to date averages 637,462 units at $1,356,686 compared with 672,221 stock units at $1,425,403 on the previous day and April with an average of 204,118 units at $439,599.
Dolla Financial led trading with 2.10 million shares for 40.8 percent of total volume followed by Fosrich with 1.03 million stock units for 20 percent of the day’s trade and Derrimon Trading with 525,307 units for 10.2 percent market share.
At the close of trading, the Junior Market Index increased 61.95 points to lock up trading at 3,726.59.
The Junior Market ended trading with an average PE Ratio of 12.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending on or around August 2025.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Blue Power dipped 60 cents to $3 as investors traded 6,031 stock units, Cargo Handlers popped 82 cents in closing at $13, with 248 shares crossing the market, Caribbean Assurance Brokers climbed 48 cents to finish at $3.20 after a transfer of 7,559 units. Derrimon Trading rose 10 cents and ended at $2.15 with an exchange of 525,307 stocks, Dolphin Cove rallied 50 cents to end at a 52 weeks’ high of $21.50 after an exchange of 1,509 units, Fosrich rallied 10 cents to close at $2.20 with investors dealing in 1,031,427 shares. GWest Corporation sank 8 cents to 94 cents after an exchange of 36,157 stocks, Indies Pharma dropped 33 cents to $2.36 with investors trading 110,000 stocks, Jamaican Teas gained 9 cents and ended at $2.39 in switching ownership of 151,903 shares. Jetcon Corporation lost 12 cents to end at 87 cents with investors trading 843 stock units, JFP Ltd advanced 14 cents in closing at $1.18 in an exchange of 25,304 stocks, Lasco Financial rose 19 cents to close at $1.69 with investors trading 878 units. Limners and Bards rallied 24 cents to close at $1.76, with 143,518 stocks changing hands, Medical Disposables skidded 8 cents to finish at $2.20 with traders dealing in 553 units, ONE on ONE Educational increased 7 cents and ended at 82 cents with 25,172 shares clearing the market and Paramount Trading climbed 16 cents to end at $1.45 in trading 26,982 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.