Junior Market trading jumps

Trading jumped sharply on the Junior Market of the Jamaica Stock Exchange Thursday, with all 48 listed securities trading, up from 43 on Wednesday and ending with prices of 17 rising, 23 declining and eight closing unchanged following a 66 percent rise in the volume of stocks traded, with an 86 percent greater value than Wednesday.
The market closed with trading of 22,216,869 shares for $42,389,925 compared with 13,421,442 units at $22,817,501 on Wednesday.
Trading averaged 462,851 shares at $883,123 compared with 312,127 stocks at $530,640 on Wednesday with the month to date, averaging 357,160 units at $508,080 compared to 350,350 shares at $483,916 on the previous day and July with an average of 358,542 stock units at $736,760.
Jamaican Teas led trading with 4.76 million shares for 21.4 percent of total volume followed by newly listed RA Williams with 4.22 million stocks for 19 percent of the day’s trade, Regency Petroleum with 3.12 million units for 14 percent market share, Derrimon Trading with 3.12 million shares for 14 percent market share, Stationery and Office Supplies with 1.67 million stock units and 7.5 percent of trading and Fosrich with 1.34 million units for 6.1 percent of total volume.
At the close of trading, the Junior Market Index popped 4.78 points to conclude trading at 3,615.96.
The Junior Market ended trading with an average PE Ratio of 12.3, 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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial skidded 7 cents to close at $21.49 with investors trading 2,339 stocks, CAC 2000 sank 10 cents to $2.10 after a transfer of 867 units, Cargo Handlers declined $2.38 and ended at $8 in trading 45,168 shares. Caribbean Cream fell 40 cents to end at $3.05 after an exchange of 100 stock units, Consolidated Bakeries popped 10 cents in closing at $2.30 with investors swapping 308,909 shares, Dolla Financial dropped 12 cents to finish at $2.90 in an exchange of 189,010 units. Dolphin Cove gained 30 cents and ended at $23.20 with investors trading 8,195 stocks, Elite Diagnostic sank 25 cents to $1.62 in switching ownership of 101 stock units, Everything Fresh rose 12 cents to end at $2 after 485,265 shares passed through the market. Express Catering lost 24 cents in closing at $3.56 with a transfer of 15,662 stocks, Fosrich climbed 10 cents to finish at $2.30 with 1,344,262 units clearing the market, Future Energy increased 10 cents to close at $3.38 with investors dealing in 71,181 stock units. Honey Bun dipped 16 cents to $8.24 in an exchange of 12,939 shares, Iron Rock Insurance rallied 54 cents in closing at $3.15 with traders dealing in 312 stock units, Jamaican Teas advanced 8 cents to close at $2.37, with 4,758,117 stocks crossing the market. Jetcon Corporation shed 10 cents to end at $1.05 in trading 168,630 units, KLE Group slipped 50 cents to finish at $1.50, with 24,687 stocks crossing the market, Knutsford Express sank 7 cents and ended at $10.50 with an exchange of 1,000 shares. Mailpac Group popped 7 cents to $2.27 and closed after 294,772 stock units changed hands, Regency Petroleum increased 21 cents to finish at $2.41 after an exchange of 3,118,323 units and Stationery and Office Supplies climbed 27 cents and ended at $1.70 with 1,674,625 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.