Junior Market trading surged


Trading jumped on the Junior Market of the Jamaica Stock Exchange Monday, with a 267 percent surge in the volume of stocks traded, accompanied by a 345 percent leap in value compared to Friday, following trading of 42 securities, up from 38 on Friday and ending with prices of 16 rising, 14 declining and 12 closing unchanged.

The market closed with trading of 9,119,265 shares at $20,151,499, jumping from 2,484,109 units at $4,523,984 on Friday.
Trading averaged 217,125 shares at $479,798 compared to 65,371 stocks at $119,052 on Friday, with trading month to date, averaging 121,840 units at $242,271, rising from 115,375 units at $226,155 on the previous day and August with an average of 236,241 shares at $494,923.
Jamaican Teas led trading with 2.46 million shares for 27 percent of total volume, followed by Fosrich, with 2.13 million stocks for 23.3 percent of the day’s trade and Derrimon Trading with 1.62 million stock units for 17.7 percent of the day’s trade.
At the close of trading, the Junior Market Index gained 5.64 points to wrap up trading at 3,406.66. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, Cargo Handlers declined 94 cents to end at $13.35, in transferring 933 shares, Caribbean Assurance lost 27 cents to end at $1.78, with 50 stocks through the market, Caribbean Cream rose 10 cents to $2.10 in trading 1,129 units. Elite Diagnostic declined 5 cents to end at $1.50 in switching ownership of 28 stocks, Express Catering lost 21 cents to end at $2.57 with 38,269 shares crossing the exchange, Fontana skidded 17 cents in closing at $8.85 as traders switched ownership of 75,648 stock units, Honey Bun rallied 10 cents to close at $7.50 as investors exchanged 20,105 shares. Indies Pharma fell 10 cents to $2.94, with 123,579 stock units clearing the market. ISP Finance popped $1.51 and ended at $14.50 after an exchange of 866 units, JFP rose 5 cents to finish at 54 cents after an exchange of 32,000 shares, Limners and Bards increased 16 cents to end at $1.07 with 9,500 stocks changing hands. Mailpac Group declined 9 cents in closing at $2.40 with an exchange of 571,012 shares, Main Event shed 42 cents to finish at $8 with 1,400 stock units crossing the market, Medical Disposables dropped 25 cents to close at $1.40 with investors swapping 906 stocks, RA Williams gained 4 cents in closing at 44 cents with an exchange of 229,544 stocks and Regency Petroleum sank 8 cents to $4.24 after an exchange of 22,568 units.

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

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