Investors pushed trading activity higher on the Junior Market of the Jamaica Stock Exchange on Thursday, resulting in a 238 percent rise in the volume of stocks traded, at a 381 percent greater value than on Wednesday, following trading in 39 securities compared with 40 on Wednesday and ending with prices of 18 rising, 11 declining and 10 closing unchanged, driving the market index up by 92 points.
The market closed with trading of 19,981,937 shares at $46,526,369, well above the 5,904,123 units at $9,663,327 on Wednesday.
Trading averaged 512,357 shares at $1,192,984, moving up from just 147,603 stock units at $241,583 on Wednesday, with a month to date, average of 118,645 stock units at $233,159, above the 90,315 units at $164,095 on the previous day and August, with an average of 236,241 shares at $494,923.
Indies Pharma led trading with 8.12 million shares for 40.6 percent of total volume followed by Derrimon Trading which ended with 2.19 million stocks for 11 percent of the day’s trade, Fosrich contributed 2.0 million stocks for 10 percent of the volume traded, Jamaican Teas closed with 1.56 million stock units for 7.8 percent of the market trade, Stationery and Office Supplies ended with 1.50 million units for 7.5 percent of the volume traded and RA Williams with 1.39 million units for 7 percent market share.
At the close of trading, the Junior Market Index gained 91.99 points to close at 3,415.15. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, Access Financial sank 25 cents to close at $17.25 with the trading of 3,422 shares, Caribbean Flavours fell 9 cents to $1.50, after traders exchanged 150 stock units, Derrimon Trading rose 10 cents and ended at $1.89, after closing with an exchange of 2,194,615 shares. Dolla Financial gained 12 cents to close at $2.52 in an exchange of 1,037,437 stock units, Dolphin Cove sank 8 cents in closing at $14, with investors swapping 7,601 units, Express Catering dipped 21 cents to end at $2.57 after a transfer of 141,086 shares. Fontana popped 10 cents in closing at $9.02 with 10,128 stock units crossing the market, Fosrich increased 7 cents to $2.33 in switching ownership of 2,001,985 units, Future Energy climbed 23 cents to end at $3.13 after 17,638 stocks were traded. Indies Pharma advanced 15 cents to close at $3.10, with 8,119,589 units crossing the exchange, ISP Finance rallied $3.44 to $14.74 with just 64 stocks changing hands, Jamaican Teas rallied 7 cents to $2.33, with the trading of 1,561,110 shares. Jetcon Corporation climbed 10 cents to close at $1.80 after an exchange of 8,510 stock units, Knutsford Express increased $2 to end at $14 with investors trading 12 shares, Limners and Bards rallied 16 cents in closing at $1.06 after an exchange of 300 units. ONE on ONE Educational rose 8 cents to finish at 90 cents in trading 982,323 stocks and Regency Petroleum lost 6 cents and ended at $4.30 as investors exchanged 153,271 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.