Junior Market trading climbs


Trading activity climbed on the Junior Market of the Jamaica Stock Exchange on Wednesday, with the volume of stocks traded rising 13 percent and the value climbing 34 percent, compared to Tuesday, following trading of 43 securities up from 41 on Tuesday and ending with prices of 11 advancing, 20 declining and 12 closing unchanged.

The market ended with trading of 6,073,363 shares for $14,579,413, with an increase from 5,378,999 units at $10,914,660 on Tuesday.
Trading averaged 141,241 shares at $339,056 compared to 131,195 stock units amounting to $266,211 on Tuesday, with an average for the month to date of 162,762 units at $255,001, compared to 165,910 stock units at $242,708 on the previous day and for May with an average of 419,466 shares worth $701,563.
Jamaican Teas led trading with 2.91 million shares for 48 percent of the total volume, followed by Mailpac Group, with 1.07 million units for 17.6 percent of the day’s trade and Fosrich with 405,943 stocks for 6.7 percent of volume traded.
At the close of trading, the Junior Market Index fell 22.42 points to wrap up trading at 3,407.50. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.3, 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, AMG Packaging dipped 10 cents to close at $2.33 with trading of 6,363 shares, Atlantic Hardware added 5 cents to end at $1 with an exchange of 171,500 stock units, Blue Power fell 10 cents in closing at $4.90 with only 4 shares changing hands. Cargo Handler shed 24 cents to close at $10 with a transfer of 995 units, Consolidated Bakeries rose 12 cents and ended at $1.44 with 33 stocks crossing the market, Dolphin Cove declined 22 cents to finish at $13.98 after a transfer of 3,299 units. Elite Diagnostic sank 14 cents and ended at $1.25 with investors trading 300,036 shares, Express Catering skidded 12 cents to $2.60 with 1,200 stock units crossing the market, Fontana rallied 25 cents to finish at $9 after an exchange of 121,309 stocks. Image Plus sank 5 cents to close at 95 cents, with 10,000 shares clearing the market. Indies Pharma dropped 5 cents in closing at $3.60 with traders switching ownership of 100,000 units, Iron Rock Insurance lost 20 cents to end at $5 after an exchange of 20 stocks. Jamaican Teas slipped 6 cents in closing at $2.30 after closing with 2,914,496 stock units changing hands, JFP Ltd lost 5 cents to 50 cents as investors exchanged 4,838 shares, KLE Group increased 6 cents to close at 90 cents in trading 1,746 units. Main Event popped 86 cents to end at $9.97 with 8,832 stocks passing through the market, RA Williams climbed 8 cents to finish at 50 cents after trading of 2,687 stock units and Regency Petroleum gained 10 cents and ended at $4.10 in an exchange of 81,830 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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