Junior Market popps

Trading jumped at the close of Wednesday of the Junior Market of the Jamaica Stock Exchange with the volume of stocks traded surging 175 percent and the value 141 percent more than Tuesday as Indies Pharma led trading with 3.90 million shares for 40.5 percent of total volume followed by Stationery and Office Supplies with 3.10 million units for 32.2 percent of the day’s trade and iCreate with 909,586 units for 9.4 percent market share with 37 securities trading compared with 41 on Tuesday with prices of 14 stocks rising, 15 declining and eight closing unchanged.
Investors traded 9,632,022 shares for $21,100,384, jumping from 3,501,618 units at $8,751,901 on Tuesday.
Trading averaged 260,325 shares at $570,281, up from 85,405  stock units at $213,461 on Tuesday with the month to date, averaging 162,082 units at $342,317 compared with 155,065 stock units at $326,034 on the previous day, below November with an average of 262,280 units at $587,545.
At the close, the Junior Market Index jumped 51.10 points to finish at 3,701.34.
The Junior Market ended trading with an average PE Ratio of 13.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging sank 43 cents in closing at $2.31 after an exchange of only 420 stocks, CAC 2000 advanced 34 cents to $4.85 with a transfer of just 4 stock units, Caribbean Assurance Brokers fell 25 cents to end at $2, with 61,967 shares crossing the market. Dolphin Cove lost 13 cents and ended at $16.85 with investors transferring 38,922 stock units, EduFocal skidded 15 cents to close at $1.67 in an exchange of 263,831 shares, Elite Diagnostic declined 9 cents to $1.65 with investors swapping 139,450 units. Everything Fresh rose 20 cents and ended at $1.52 with an exchange of 1,202 stocks, Express Catering gained 10 cents in closing at $4 after 509 stock units passed through the market, Fosrich shed 11 cents to close at $2.18 as investors exchanged 37,261 shares. iCreate dropped 13 cents to end at 50 cents after a transfer of 909,586 stock units, Indies Pharma popped 9 cents to $2.95 with investors exchanging 3,904,111 stocks, ISP Finance dipped 50 cents to close at $29.40 with investors trading 24 units. Jamaican Teas climbed 15 cents in closing at $2.45, with 1,943 shares clearing the market, Lasco Distributors increased 14 cents to end at $3.91 after 1,211 units were traded, Lasco Manufacturing rallied 25 cents and ended at $4.50, with 5,533 stocks changing hands. Main Event popped 50 cents to $13.50 in an exchange of 5,831 stock units, MFS Capital Partners lost 10 cents to close at $2.25 with investors dealing in 49,244 shares, Regency Petroleum climbed 15 cents and ended at $2.30 and closed with 17,804 stock units changing hands and Stationery and Office Supplies rose 18 cents in closing at $1.83 in switching ownership of 3,098,440 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.