The Junior Market of the Jamaica Stock Exchange jumped on Monday, wiping out all of last week’s losses with a 51.85 points rally in the Junior Market Index to 3,691.61, following trading in 47 securities compared with 46 on Friday, with prices of 17 rising, 15 declining and 15 closing unchanged resulting in a 129 percent rise in the volume of stocks traded, with 138 percent more value than on Friday.
The market closed with trading of 5,348,793 shares for $10,233,044 up from 2,338,924 stock units at $4,304,371 on Friday.
Trading averaged 113,804 shares at $217,724 compared with 50,846 stocks at $93,573 on Friday with the month to date, averaging 296,391 units at $832,993 versus 308,864 stocks at $875,024 on the previous day and November with an average of 309,920 shares at $766,307.
Lumber Depot led trading with 1.50 million shares for 28.1 percent of total volume followed by Derrimon Trading with 1.05 million units for 19.6 percent of the day’s trade and Kintyre Holdings with 836,962 stock units for 15.6 percent market share.
At the close of trading, the Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Blue Power dipped 55 cents to close at $4.50 in switching ownership of 8,998 stocks, Cargo Handlers climbed 38 cents to $10.89 with 10 units crossing the market, Caribbean Cream popped 9 cents to end at $3.24 with traders dealing in a mere 28 shares. Caribbean Flavours gained 20 cents in closing at $1.40 as investors exchanged a paltry 63 stock units, Dolphin Cove rose 9 cents to finish at $18.39 after 12,971 shares crossed the market, Elite Diagnostic advanced 15 cents and ended at $1.98 with investors trading only 53 units. Everything Fresh rallied 10 cents to $2.20 after an exchange of 1,944 stocks, Express Catering increased 14 cents to close at $3.30 with investors swapping 4,615 stock units, GWest Corporation climbed 7 cents to end at 97 cents with a transfer of 66 shares. Indies Pharma slid 10 cents in closing at $3.10 after the trading of 49,741 stocks, Knutsford Express skidded $1.57 to finish at $11 in an exchange of 659 units, Mailpac Group sank 9 cents and ended at $2.70 with investors trading 25,718 stock units. Medical Disposables shed 21 cents to $1.67 with 513 shares clearing the market, MFS Capital Partners rose 12 cents to end at 64 cents after a transfer of 50,000 units, Spur Tree Spices dropped 11 cents to $1.93 after 72,799 stocks passed through the market and tTech advanced 37 cents to close at $2.09 with an exchange of 6,440 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.