Trading activity got off to a more robust start of the week than the close of last week on the Junior Market of the Jamaica Stock Exchange, resulting from an 85 percent jump in the volume of stocks traded and a 41 percent increase in value over Friday, as Dolla Financial snatched 21.9 percent of the day’s trades, following trading in 42 securities, up from 35 on Friday and ending with prices of 12 rising, 18 declining and 12 closing unchanged.
The market closed with 6,274,342 shares trading for $10,070,268, up from 3,388,758 units for $7,134,869 on Friday.
Trading averaged 149,389 shares at $239,768, climbing from 96,822 stocks at $203,853 on Friday, with a month to date average of 153,694 stock units at $240,244, in line with 154,128 stock units at $240,292 on the previous day and well below May, with an average of 419,466 shares at $701,563.
Dolla Financial led trading with 1.38 million shares, for 21.9 percent of total volume, followed by Kintyre Holdings, with 872,625 units for 13.9 percent of the day’s trade and Stationery and Office Supplies with 814,241 stocks for 13 percent of the volume traded.
The Junior Market Index fell 4.23 points to close trading at 3,395.09. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading, Access Financial dropped $1.12 and ended at $14.39 with 1,500 shares passing through the market, AMG Packaging gained 20 cents to close at $2.30 after an exchange of 75,529 units, Caribbean Cream rose 21 cents to end at $2.31 with investors trading 3,454 shares. Dolla Financial fell 8 cents in closing at $2.26 with traders switching ownership of 1,375,697 stock units, Dolphin Cove rallied 29 cents to close at $13.89 with investors trading 25,103 stocks, Express Catering increased 5 cents to finish at $2.77 with 1,033 units crossing the market. Fontana climbed 9 cents and ended at $8.98 after trading of 35,388 shares, Fosrich popped 7 cents to $2.64 as investors exchanged 81,076 stocks, Indies Pharma advanced 10 cents to close at $3.70 with 7,073 stock units crossing the market. KLE Group sank 7 cents in closing at 90 cents after an exchange of 20 shares, Limners and Bards lost 5 cents to end at $1.10 with investors swapping 65,348 stock units, ahead of second quarter results that reflects a sharp reduction in revenues and profit, Paramount Trading sank 9 cents to finish at 91 cents in an exchange of 2,991 stocks and RA Williams rose 8 cents and ended at 50 cents with traders dealing in 4,583 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.