Junior market trading rises


Trading activity closed on the Jamaica Stock Exchange Junior Market Thursday, with the volume of stocks traded rising 82 percent, with a 94 percent greater value than on Wednesday, following trading in 40 securities, compared with 43 on Wednesday and ending with prices of 11 rising, 20 declining and nine closing unchanged.

The market closed with trading of 9,001,420 shares for $18,200,038, compared with 4,951,523 units at $9,364,927 on Wednesday.
Trading averaged 225,036 shares at $455,001, compared to 115,152 stocks at a value of $217,789 on Wednesday. Trading for the month to date, averages 588,548 units at $1,080,420, compared to 623,251 stock units at $1,140,126 on the previous day and an average of 324,023 shares at $544,060 for September.
Jamaican Teas led trading with 3.94 million shares for 43.8 percent of total volume followed by Image Plus, which ended with 1.56 million stocks for 17.4 percent of the day’s trade and Express Catering with 1.07 million units for 11.9 percent of the day’s trade.
At the close of trading, the Junior Market Index popped 4.90 points to wrap up trading at 3,097.92. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 11.8. ICInsider.com computes the PE ratios, derived by dividing the last stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of the market, AMG Packaging declined by 10 cents to close at $1.72 after 5,591 units were traded, CAC 2000 shed 12 cents to end at $1.03, with 1,030 stocks changing hands, Cargo Handlers climbed 50 cents and ended at $15.50 after 112 shares were traded. Caribbean Cream dipped by 15 cents and ended at $3.30, with investors dealing in 88,579 stock units, Dolla Financial lost 8 cents to finish at $3.52, with 22,131 shares clearing the market, EduFocal slipped 5 cents and ended at 17 cents after an exchange of 104,163 units. Everything Fresh gained 13 cents to close at $1.71 with 11,588 stocks crossing the market, Express Catering rose 10 cents to end at $2.99 with an exchange of 1,073,300 stock units, Fosrich fell 7 cents to close at $1.35, with 439,855 shares crossing the market. Future Energy rallied 8 cents to finish at $3.68 in an exchange of 41,635 stocks, Image Plus skidded 6 cents and ended at $1.80 with investors swapping 1,562,382 units, Jamaican Teas dropped 16 cents to end at $2 after an exchange of 3,943,420 stock units. Jetcon Corporation increased 29 cents to close at $5.18 with a transfer of 127,834 shares, Knutsford Express climbed 6 cents to $8.51, with 64,081 stock units crossing the exchange, Paramount Trading declined by 15 cents to finish at 90 cents in switching owners of 1,059 units. Regency Petroleum advanced 12 cents and ended at $4.18 after a transfer of 16,969 stocks and Spur Tree Spices dropped 5 cents to finish at $1.35 in trading 47,982 shares.

Prices of securities trading are those for the last transaction.

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