Trading jumped on the Junior Market of the Jamaica Stock Exchange on Wednesday with activity in 44 securities, similar to Tuesday, ending with prices of 22 stocks rising, 12 declining and 10 closing unchanged, resulting in a 59 percent rise in the volume of stocks traded, with 77 percent greater value than on Tuesday.
ONE on ONE Educational led trading with 11.68 million shares for 44.1 percent of total volume, followed by Derrimon Trading, with 3.24 million stocks for 12.2 percent of the day’s trade, RA Williams closed with 2.65 million stock units for 10 percent of the volume traded, Jamaican Teas ended with 2.28 million shares for 8.6 percent of the volume traded, Stationery and Office Supplies closed with 1.35 million stocks for 5.1 percent of the volume traded and Kintyre Holdings with 1.23 million stock units for 4.6 percent of market share.
The market closed with trading of 26,500,479 shares for $41,824,882, well above the 16,713,593 units at $23,645,893 on Tuesday.
Trading averaged 602,284 shares at $950,565, rising from 379,854 stocks at $537,407 on Tuesday, with the month to date, averaging 435,281 units at $722,904, close to the 425,799 stock units at $709,979 on the previous day and well above April with an average of 199,273 shares at $488,496.
At the close of trading, the Junior Market Index sank 25.63 points to 3,447.89. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial skidded $1.05 to end at $15.95 after closing with 476,591 shares trading, AMG Packaging slipped 12 cents to $2.48 with investors trading 930 stocks, Blue Power popped 9 cents to $5.19 with 2,160 shares passing through the market. Caribbean Assurance Brokers increased 16 cents to finish at $2.26 in an exchange of 6,622 stock units, Derrimon Trading declined 13 cents and ended at $1.81 with investors trading 3,244,890 units, Dolla Financial climbed 11 cents to close at $2.49 after a transfer of 273,831 stocks. Dolphin Cove rose 30 cents to $12.30 with investors swapping 54,146 units, Everything Fresh sank 15 cents to end at $2.20 with a transfer of 1,766 shares,
Indies Pharma rallied 27 cents in closing at $3.89 as traders exchanged 5,506 stock units. ISP Finance jumped $1.34 to finish at $11.49, with trading 27 shares, Jetcon Corporation gained 10 cents and ended at $1.10 with 100 units crossing the market, Knutsford Express dropped $1.55 to close at $12.30 after investors swapped 2,687 stock units. Limners and Bards rose 8 cents to $1.25 with 15,192 stock units crossing the market, Regency Petroleum shed 21 cents and ended at $3.62 in an exchange of 111,792 shares and Stationery and Office Supplies rallied 13 cents in closing at $1.56 with traders dealing in 1,347,185 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.