Junior Market trading rises, prices slip

Trading activity climbed on the Junior Market of the Jamaica Stock Exchange on Monday, with a 28 percent rise in the volume of stocks traded, with an 18 percent greater value than on Friday following trading in 41 securities similar to Friday and ended with prices of 13 rising, 16 declining and 12 closing unchanged.
Trading ended with an exchange of 8,781,829 shares for $14,225,827 up from 6,835,444 units at $12,027,661 on Friday.
Trading averaged 214,191 shares at $346,971 up from 166,718 units at $293,358 on Friday with trading for the month to date, averaging 356,375 stock units at $477,189 compared with 365,777 stock units at $485,801 on the previous day and July with an average of 358,542 units at $736,760.
EduFocal led trading with 1.82 million shares for 20.8 percent of total volume followed by Stationery and Office Supplies with 1.13 million units for 12.9 percent of the day’s trade and Spur Tree Spices with 547,915 stocks for 6.2 percent market share.
At the close of trading, the Junior Market Index sank 17.62 points to 3,556.92.
The Junior Market ended trading with an average PE Ratio of 12, 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 six stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial dropped 34 cents to finish at $21.50 with just 2 stock units crossing the market, AMG Packaging rose 20 cents and ended at $2.81 in an exchange of a mere 300 shares, Consolidated Bakeries climbed 5 cents to $2.25 after closing with an exchange of 176,587 units. Dolphin Cove popped 5 cents to close at $22.90 after a transfer of 9,066 stocks, Fontana fell 10 cents to end at $8.24 with investors trading 38,736 shares, Honey Bun increased 10 cents in closing at $8.40 with 4,851 stocks clearing the market. Jamaican Teas dipped 5 cents to $2.10 with investors swapping 349,044 units, KLE Group sank 20 cents to end at $2 in switching ownership of 866 stock units, Knutsford Express advanced 6 cents in closing at $10.57 with investors trading 9,133 shares. Lasco Financial fell by 15 cents to finish at $1.60 after an exchange of 470,690 units, Limners and Bards gained 7 cents and ended at $1.30 in trading 30,359 stocks, Main Event lost 40 cents to close at $10 after an exchange of 15,648 stock units. Omni Industries slipped 7 cents to $1.01 in trading 43,571 shares, Spur Tree Spices sank 14 cents to close at $1.68 after 547,915 stock units passed through the market and tTech rallied 5 cents to finish at $2.10 with traders dealing in 1,596 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.