The Junior Market of the Jamaica Stock Exchange rose on Wednesday, for only the six time in June following trading in 39 securities compared with 44 on Tuesday and ending with prices of 12 rising, 17 declining and 10 closing unchanged following a 65 percent decline in the volume of stocks traded, with 63 percent lower value than Tuesday.
The market closed with trading of 4,702,128 shares for $7,310,787 compared with 13,515,268 units at $19,999,006 on Tuesday.
Trading averaged 120,567 shares at $187,456 compared with 307,165 stocks at $454,523 on Tuesday, with the month to date, averaging 149,202 units at $240,173, closely aligned with 150,786 stock units at $243,089 on the previous day and well below May, with an average of 419,466 shares at $701,563.
Spur Tree Spices led trading with 1.36 million shares for 29 percent of the total volume, followed by Derrimon Trading, with 909,001 units for 19.3 percent of the day’s trade and ONE on ONE Educational with 890,618 stocks for 18.9 percent of the volume traded.
At the close of trading, the Junior Market Index rose 16.27 points to close at 3,377.70. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and seven with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial gained 24 cents to close at $16.78, with an exchange of 30,162 shares, Caribbean Flavours climbed 18 cents to $1.48 after trading of 22 units, Consolidated Bakeries rose 15 cents to end at $1.65, with 136,379 shares crossing the market. Dolla Financial dipped 6 cents in closing at $2.39 with investors swapping 43,971 stocks, Dolphin Cove advanced 49 cents to finish at $12.49 with a transfer of 6,236 stock units, Express Catering fell 9 cents and ended at $2.50 with 141,640 shares clearing the market. Fontana slipped 6 cents to $8.88 in trading 10,426 units, Future Energy sank 14 cents in closing at $2.92 after a transfer of 112,271 stocks, Iron Rock Insurance dipped 10 cents and ended at $6 after closing with an exchange of 25 stock units. Jamaican Teas popped 15 cents to close at $2.45 in switching ownership of 5,386 shares, Knutsford Express sank 64 cents to finish at $11 with 19,417 units crossing the exchange, Limners and Bards shed 12 cents to end at $1.08 with investors trading 1,726 stocks and RA Williams lost 7 cents in closing at 42 cents, with 511,050 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.