Junior Market trading rises

Trading activity picked up on the Junior Market of the Jamaica Stock Exchange on Thursday, leading to a 31 percent rise in the volume of stocks traded, with 77 percent more value than Wednesday following trading in 43 securities down from 45 on Wednesday and ending with prices of 13 rising, 18 declining and 12 closing unchanged.
The market closed trading with 8,408,303 shares for $17,564,395 compared with 6,412,654 units at $9,912,225 on Wednesday.
Trading averaged 195,542 shares at $408,474 compared with 142,503 units at $220,272 on Wednesday with the month to date, averaging 247,975 units at $443,369 compared to 265,868 stock units at $455,278 on the previous day and July with an average of 358,542 units at $736,760.
Lumber Depot led trading with 3.01 million shares for 35.9 percent of total volume followed by Regency Petroleum with 887,478 units for 10.6 percent of the day’s trade and Omni Industries with 718,534 units for 8.5 percent market share.
At the close of trading, the Junior Market Index declined 19.21 points to end the day at 3,665.17.
The Junior Market ended trading with an average PE Ratio of 12.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging shed 16 cents to close at $2.81 with a transfer of 50 shares, Blue Power rallied 58 cents to close at $3.91 after trading 510 stocks, Caribbean Cream rose 36 cents and ended at $3.44 with 2,971 shares clearing the market. Derrimon Trading lost 5 cents in closing at $1.95 with investors trading 54,709 stock units, Dolla Financial slipped 6 cents to finish at $2.69 after 40,686 shares changed hands, Dolphin Cove gained $1.63 to end at $22.95 as investors exchanged 2,286 stocks. Fontana popped 6 cents to $8.21 in trading 112,621 units, Fosrich fell 5 cents to finish at $2.20 after 207,242 stock units passed through the market, Honey Bun dropped 5 cents and ended at $8.70 with investors swapping 1,161 shares. iCreate sank 8 cents to close at 44 cents with an exchange of 338,085 units, Indies Pharma climbed 24 cents to end at $2.70 with investors dealing in 2,781 stocks, ISP Finance dipped $3.75 in closing at $21 after an exchange of 500 stock units. Jamaican Teas increased 15 cents to $2.45 with investors trading 400,001 shares, Lumber Depot sank 5 cents to close at $2.80 in an exchange of 3,014,929 units, Mailpac Group skidded 5 cents in closing at $2.10 with traders dealing in 191,937 stocks. Tropical Battery advanced 21 cents to finish at $2.38 in an exchange of 610,178 stock units and tTech declined 5 cents and ended at $2.01, with 14,765 shares crossing the market.

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

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