Junior Market surges 61 points

Prices of 27 rose, with only 10 declining and four closing unchanged and pushed the market index up nearly 61 points, following Monday’s 27 points rise resulting from trading in 41 securities compared with 42 on Monday at the close of the Junior Market of the Jamaica Stock Exchange on Tuesday, resulting in a 73 percent decline in the volume of stocks traded, with a 77 percent lower value than on Monday.
Trading ended with 11,922,796 shares for $18,343,744 down from 44,365,992 units at $81,000,955 on Monday.
Trading averaged 290,800 shares at $447,408 compared to 1,056,333 units at $1,928,594 on Monday with the month to date, averaging 258,164 stock units at $501,613 compared to 256,096 units at $505,047 on the previous day and May with an average of 451,257 units at $953,021.
iCreate led trading with 1.83 million shares for 15.4 percent of total volume followed by Omni Industries with 1.56 million stocks for 13.1 percent of the day’s trade, Jamaican Teas contributed 1.40 million units for 11.7 percent market share and Fosrich ended with 1.05 million shares for 8.8 percent of total volume. Edufocal traded at an intraday 52 weeks’ low of 53 cents before rebounding back to 60 cents at the close while Omni Industries traded at the lowest price of $1.02 since listing.
At the close of trading, the Junior Market Index surged 60.76 points to close trading at 3,740.69.
The Junior Market ended trading with an average PE Ratio of 12.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of trading on Tuesday, CAC 2000 rallied 10 cents in closing at $3.10 after 9,852 stocks passed through the market, Caribbean Assurance Brokers shed 32 cents to close at $3.51 in an exchange of 2,918 units, Caribbean Cream rose 24 cents to finish at $3.80 with traders dealing in 3,079 shares. Consolidated Bakeries gained 35 cents and ended at $1.90 after a transfer of 220,435 stock units, Derrimon Trading popped 26 cents to end at $2.20 with investors swapping 759,894 shares, Elite Diagnostic sank 10 cents to close at $1.45 after an exchange of 366,599 units. Express Catering dipped 38 cents to $4.02 in trading 2,493 stocks, Fontana advanced 34 cents and ended at $8.59 with 7,747 stock units changing hands, Fosrich increased 8 cents to end at $2.30 as investors exchanged 1,047,630 shares. Honey Bun climbed 18 cents in closing at $8.35 in switching ownership of 7,636 stock units, iCreate rose 8 cents to finish at 68 cents with trading of 1,834,027 stocks, Iron Rock Insurance rallied 10 cents to close at $1.90 after a mere 897 units crossed the market. Knutsford Express gained 55 cents to $11.20 with an exchange of 838 shares, Mailpac Group climbed 12 cents to close at $2.27 and closed with an exchange of 254,374 stocks, MFS Capital Partners popped 13 cents and ended at $1.07 with investors trading 613,128 units and tTech gained 14 cents to finish at $2.49 in an exchange of 12,958 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.