Trading commenced robustly for September with 45 million shares of Omni Industries changing hands for $175 million, pushing trading on the Junior Market of the Jamaica Stock Exchange on Monday, with a 266 percent surge in the volume of stocks traded, with 157 percent more value than Friday with trading in all 48 listed securities up from 40 on Friday and ending with prices of 15 rising, 23 declining and 10 closing unchanged.
The market closed with trading of 151,649,060 shares for $185,872,180 compared with 41,404,006 units at $72,343,153 on Friday.
Trading averaged 3,159,355 shares at $3,872,337 versus 1,035,100 units at $1,808,579 on Friday with the month to date, averaging 3,159,355 units at $3,872,337 compared with 389,714 stocks at $570,529 on the previous day and August with an average of 389,714 stock units at $570,529.
Omni Industries led trading with 145.11 million shares for 95.7 percent of total volume followed by RA Williams with 1.90 million units for 1.3 percent of the day’s trade and JFP Ltd with 829,484 stock units for 0.5 percent market share.
At the close of trading, the Junior Market Index fell jut 3.00 points to close at 3,646.12.
The Junior Market ended trading with an average PE Ratio of 12.4, based on last traded prices and earnings projected by ICInsider.com for 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 three with lower offers.
At the close, Access Financial dropped 76 cents to finish at $20.80 as investors exchanged just 8 stock units, Cargo Handlers rallied $1.23 to $9.23 after 2,710 shares passed through the market, Caribbean Cream rose 40 cents to $3.45 in an exchange of 384,728 units. Consolidated Bakeries lost 31 cents to close at $1.99 with investors dealing in 12,583 stocks, Elite Diagnostic edged 14 cents higher to end at $1.73 after a transfer of 8,839 shares, Express Catering popped 18 cents to end at $3.80 in trading 226,080 stock units. GWest Corporation climbed 19 cents to $1.08 after an exchange of 122,511 stocks, Honey Bun dipped 85 cents to end at $7.50 with investors swapping 23,562 units,
Image Plus sank 20 cents in ending at a 52 weeks’ closing low of $1.54 after hitting an all time intraday low of $1.40, with an exchange of 323,036 stocks. Indies Pharma skidded 13 cents to finish at $2.65 after an exchange of 117,777 units, ISP Finance increased $1 to $22 in an exchange of a mere 7 shares, KLE Group fell 20 cents to $1.30 with investors trading 12,985 stocks. Knutsford Express gained 28 cents to $10.85 with 13 shares clearing the market, Omni Industries popped 7 cents to finish at $1.25 with traders dealing in 145,112,141 stock units, Regency Petroleum slipped 19 cents and ended at $2.50 after 37,045 units passed through the market and Tropical Battery rallied 10 cents to end at $2.42 with a transfer of 77,224 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
