Junior Market trading jumps

Trading activity jumped sharply on Tuesday to close out the Junior Market of the Jamaica Stock Exchange modest increase in the market index with an 82 percent rise in the volume of stocks traded, accompanied by a 178 percent surge in value compared to Monday with trading in 44 securities up moderately from 42 on Monday, resulting in prices of 19 rising, only 11 declining and 14 closing unchanged.

The market closed with trading of 8,243,054 shares for $22,444,796 compared with 4,540,755 units at $8,078,268 on Monday.

Trading averaged 187,342 shares at $510,109 up from 108,113 units at $192,340 on Monday. Trading month to date, averages 170,980 stock units at $394,761 compared to 169,340 shares at $383,200 on the previous day and September with an average of 419,421 units at $774,292.

Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offersExpress Catering led trading with 5.05 million shares for 61.2 percent of total volume followed by Omni Industries with 620,838 units for 7.5 percent of the day’s trade and One Great Studio with 566,132 stock units for 6.9 percent market share.

At the close of trading, the Junior Market Index increased by 3.67 points to end the day at 3,751.12. The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers

The Junior Market ended trading with an average PE Ratio of 11.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.

.At the close of an interesting trading day, Access Financial advanced 59 cents to end at $21.69 in an exchange of 475 stocks, AMG Packaging fell 13 cents to $3.15 with investors trading 2,279 units, Caribbean Assurance Brokers popped 48 cents to finish at $3.29 after an exchange of 27,129 shares. Dolphin Cove gained 36 cents and ended at $21.45 after closing with an exchange of 2,016 stock units, Elite Diagnostic dipped 9 cents in closing at $2.40 with 2,804 shares changing hands, Future Energy sank 10 cents to close at $3.50 with investors dealing in 139,537 units. Iron Rock Insurance rose 60 cents to $4 with 115,874 stocks crossing the exchange, Main Event rallied 29 cents to end at $11.59 with investors swapping 2 stock units, Medical Disposables increased 19 cents in closing at $2.39 after 363 shares passed through the market. MFS Capital Partners declined 12 cents and ended at 72 cents with 13,810 stock units changing hands and Regency Petroleum climbed 7 cents to close at $2.82 with investors trading 50,002 stocks.

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