The Junior Market of the Jamaica Stock Exchange climbed sharply on Friday, with 71.88 points jump in the Junior Market Index, to close out the week at 3,030.66, with a the volume of stocks traded declined 47 percent, with a 118 percent surge in value compared to Thursday, following trading in 43 securities, down from 46 on Thursday and ending, with prices of 16 rising, 15 declining and 12 closing unchanged.
The market closed with trading of 13,183,970 shares for $19,399,701, with a decline in the volume from 24,702,731 units at $8,886,507 on Thursday.
Trading averaged 306,604 shares at $451,156, compared to 537,016 stocks at $193,185 on Thursday. Trading for the month to date ends with an average of 2,081,499 units at $2,209,577 after skidding from 2,208,488 stock units at $2,335,388 on the previous day and well above May, with an average of 644,187 shares at $540,889.
Dolla Financial led trading with 4.36 million shares for 33.1 percent of total volume, followed by Kintyre Holdings with 3.43 million stocks for 26 percent of the day’s trade, Woodcats International, the last listed Junior Market stock closed with 1.60 million stock units for 12.1 percent of the volume traded and Express Catering with 1.26 million shares for 9.5 percent of market share.
At the close of trading, the Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.1.
ICInsider.com compiles the PE ratios, that are derived by dividing the last traded price of stocks by earnings per share for each company with their fiscal year ending around August 2026.
At the close of the day’s trading, Cargo Handlers rose $3.80 to end at $19.80 in trading 47,847 shares, Consolidated Bakeries fell 39 cents to $1.24 with 120,487 units clearing the market, Dolla Financial rose 37 cents to $2.87 with investors dealing in 4,361,758 stocks. Dolphin Cove gained 10 cents to finish at $10.10 with 48,611 shares changing hands, Express Catering popped 13 cents in closing at $2.01 with 1,259,034 stock units passing through the market, Fontana fell 15 cents to finish at $6.30 with investors trading 42,723 shares. Fosrich shed 13 cents and stopped at $1.56 with 85,876 stocks crossing the exchange, Future Energy increased 10 cents to $3.52 with a transfer of 32,893 units, Image Plus declined 7 cents to 73 cents with 75,000 stock units crossing the market.
Indies Pharma climbed 5 cents to end at $2.70 after a transfer of 1,741 shares, Jamaican Teas lost 12 cents in closing at $2.11 with investors swapping 871 stocks, KLE Group advanced 13 cents to 84 cents with an exchange of a mere one unit. Knutsford Express climbed by $1.98 and ended at $8.48after a transfer of 4,068 stock units, Limners and Bards skidded 7 cents to $1.06 with investors trading 18,791 shares, Omni Industries slipped 9 cents to finish at 85 cents in an exchange of 221,801 stock units and Woodcats International dropped 5 cents to close at 60 cents following trading of 1,599,416 stocks.Prices of stocks trading are those of the last transaction unless otherwise stated.