Omni Industries dominates Juniors

Omni Industries dominated trading activity on the Junior Market of the Jamaica Stock Exchange Friday, with the largest block of shares changing hands leading to the overall volume for the market rising 13 percent, with a 38 percent fall in value compared to Thursday after trading in 42 securities, from 43 on Thursday and ending with prices of 12 rising, 21 declining and nine ending unchanged.
The market closed with trading of 9,533,159 shares for $10,940,443 compared with 8,408,303 units at $17,564,395 on Thursday.
Trading averaged 226,980 shares at $260,487 compared with 195,542 units at $408,474 on Thursday with the month to date, averaging 243,796 stock units at $406,966 compared to 247,975 stock units at $443,369 on the previous day and July with an average of 358,542 units at $736,760.
Omni Industries led trading with 6.52 million shares for 68.4 percent of total volume followed by JFP Ltd with 651,249 units for 6.8 percent of the day’s trade and Jetcon Corporation with 316,386 stock units for 3.3 percent market share.
At the close of trading, the Junior Market Index dipped 36.42 points to settle at 3,628.75.
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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Blue Power advanced 56 cents and ended at $4.47 in trading 18,557 shares, Cargo Handlers popped 30 cents to $12.30 as 2,294 stocks passed through the market, Consolidated Bakeries lost 40 cents to finish at $1.60 with investors dealing in 24,000 units. Derrimon Trading sank 5 cents to close at $1.90 with 36,715 units clearing the market, Dolla Financial gained 6 cents to end at $2.75 and closed with an exchange of 48,017 stocks, Elite Diagnostic fell 16 cents in closing at a 52 weeks’ low of $1.39 with a transfer of 67,756 units. Fontana shed 9 cents to close at $8.12, with 38,761 shares crossing the market, Future Energy slipped 7 cents and ended at $3.30 with investors trading 77,130 stock units, Honey Bun dropped 20 cents to end at $8.50 in switching ownership of 11,745 shares. Image Plus declined 7 cents in closing at $1.72 after investors ended the trading of 167,963 stock units, Knutsford Express skidded $1.63 to finish at $9.77 with an exchange of 100 stocks, Limners and Bards dipped 26 cents to close at $1.32 with 204,312 units changing hands. MFS Capital Partners dropped 10 cents to 67 cents with traders dealing in 139,300 shares, Spur Tree Spices shed 10 cents in closing at $1.90 after a transfer of 104,670 units, Tropical Battery dropped 11 cents and ended at $2.27 with investors swapping 95,787 stocks and tTech rose 30 cents to finish at $2.31 after an exchange of just one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.