Trading closed on the Junior Market of the Jamaica Stock Exchange on Thursday, with an exchange of 42 securities compared with 43 on Tuesday and ending with prices of 12 rising, 11 declining and 19 closing unchanged, resulting in a 7 percent rise in the volume of stocks traded, valued at 23 percent more than on Tuesday.
The market closed with trading of 3,889,800 shares for $7,922,057, for a slight increase over 3,637,536 units at $6,464,372 on Tuesday.
Trading averaged 92,614 shares at $188,620, up from 84,594 stocks at $150,334 on Tuesday, with trading for the month to date, averaging 88,983 units at $172,920, closely aligned with 87,250 stock units at $165,427 on the previous day, but well below July, with an average of 707,469 shares at $1,699,009.
Derrimon Trading led the market with 1.65 million shares for 42.4 percent of total volume, followed by Omni Industries, with 341,413 stock units for 8.8 percent of the day’s trade and Indies Pharma with 268,264 stocks for 6.9 percent of the volume traded.
At the close of trading, the Junior Market Index slipped 12.63 points to close at 3,460.05. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Atlantic Hardware sank 11 cents to 84 cents with the trading 17,515 shares, Blue Power dropped 40 cents to close at $4.20 with 61,969 units crossing the market, Consolidated Bakeries shed 5 cents and ended at $1.30 with investors dealing in 127,049 shares. Fosrich skidded 25 cents in closing at $2.70 after an exchange of 127,027 stocks, Honey Bun rose 88 cents to finish at $7.93, after trading of 2,498 stock units, Indies Pharma lost 5 cents to close at $3.20 with traders passing 268,264 shares through the market. Iron Rock Insurance advanced 39 cents to $5 with investors swapping 1,500 stock units, ISP Finance popped $2 to finish at $19 as traders cleared 122 stock units from the market, Jamaican Teas shed 12 cents and ended at $2.18 with investors trading 4,737 stocks. JFP rallied 7 cents to end at 54 cents with 22,165 units crossing the market, KLE Group increased 9 cents in closing at $1.09 in an exchange of 87,607 stocks, Mailpac Group fell 9 cents to close at $2.40 with 92,141 shares changing hands. Regency Petroleum climbed 24 cents to $4.20 with a transfer of 6,356 stock units and Tropical Battery gained 10 cents in closing at $1.90 after an exchange of 60,522 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.