Omni boosts Junior Market trading

Newly listed Omni Industries boosted trading activity on the Junior Market of the Jamaica Stock Exchange Wednesday, helping with a 142 percent push in the volume of stocks traded, having a 93 percent greater value than on Tuesday following trading in 40 securities compared with 39 on Tuesday and ending with prices of 22 rising, 14 declining and four closing unchanged.
The market closed with trading of 25,008,612 shares for $42,711,488 compared with 10,325,850 units at $22,143,401 on Tuesday.
Trading for the day averaged 625,215 shares at $1,067,787 compared with 264,765 stocks valued at $567,780 previously. Trading for the month to date averages 225,140 stock units at $455,048 compared with 169,574 stocks for $369,946 on the previous day and May with an average of 451,257 units at $953,021.
The market’s latest new listing, Omni Industries led the trading with 15.80 million shares for 63.2 percent of the volume followed by Lasco Financial with 2.64 million stock units for 10.6 percent of the day’s trade and Future Energy with 2.50 million units for 10 percent of the day’s trade.
At the close of trading, the Junior Market Index climbed sharply by 77.82 points to close trading at 3,712.88.
The Junior Market ended trading with an average PE Ratio of 12.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for the 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 one with a lower offer.
At the close of the market, AMG Packaging climbed 14 cents to close at $3.49 with 5,200 shares clearing the market, Caribbean Assurance Brokers shed 17 cents to $3.60 with investors dealing in 290,969 stocks, Consolidated Bakeries increased 11 cents in closing at $2.15, with 24,161 shares crossing the market. Derrimon Trading popped 24 cents to end at $2.08 with an exchange of 188,982 stock units, Everything Fresh gained 11 cents and ended at $1.66, with 259 shares crossing the market, Express Catering rose 35 cents to finish at $4.65 with traders dealing in 154,133 units. Honey Bun advanced 10 cents to $8.30 with 6,313 stocks crossing the exchange, Image Plus rallied 19 cents to finish at $1.88 after a transfer of 37,053 stock units, Jamaican Teas fell 15 cents and ended at $2.31 with investors swapping 9,522 shares. KLE Group increased 19 cents to close at $2.11 in an exchange of a mere 18 stock units, Lasco Financial climbed 10 cents in closing at $1.60 with investors trading 2,641,644 stocks, Omni Industries slipped 9 cents to end at $1.21, but after trading at a record high of $1.42, with an exchange of 15,800,765 units. Spur Tree Spices rose 8 cents in closing at $2.32 with investors trading 103,144 shares, Stationery and Office Supplies slipped 8 cents to $1.57 after an exchange of 233,238 units, Tropical Battery dropped 13 cents and ended at $2.16 after just 36 stocks passed through the market and tTech lost 12 cents to finish at $2.35, with a mere 6 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.