ONEonONE heads Juniors for a 3rd day


ONE on ONE Educational led trading for a third consecutive day with an exchange of more than 6 million shares on the Junior Market of the Jamaica Stock Exchange on Thursday, with the volume of stocks traded in the overall market falling by 50 percent, with 43 percent lower value than Wednesday following trading in 46 securities down from 44 on Wednesday and ending with prices of 14 rising, 22 declining and 10 closing unchanged, resulting in the Junior Market Index popping 42.46 points to settle at 3,744.97, the second day the market closed positively for 2024.

The market closed with trading of 14,337,567 shares with a value of  $22,756,450, down sharply from 28,526,313 units at $40,209,695 on Wednesday.
Trading averaged 311,686 shares at $494,705 well below 648,325 stocks at $913,857 on Wednesday. trading for the month to date, ended with an average of 346,715 stock units at $601,238 in line with 348,536 stock units at $606,775 on the previous day and December with an average of 326,483 shares at $898,324.
ONE on ONE Educational led trading with 6.29 million shares for 43.8 percent of total volume followed by Lasco Financial with 1.81 million stocks for 12.6 percent of the day’s trade, Jamaican Teas closed with 1.76 million units for 12.3 percent of the traded volume and Derrimon Trading with 1.0 million shares for 7 percent of market share.
At the close of the market activities, the Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, AMG Packaging sank 11 cents to finish at $3.15 in an exchange of 16,002 stock units, Blue Power declined 7 cents to $5.55 with investors trading 3,939 shares, CAC 2000 fell 44 cents to end at $1.95 with 1,356 units clearing the market. Cargo Handlers dropped $1.49 in closing at $11 with investors trading 13,985 stocks, Dolphin Cove rose 24 cents and ended at $19.49 after 1,522 shares were exchanged, Elite Diagnostic climbed 6 cents to close at $1.76 with a transfer of 15,528 stocks. Express Catering shed 12 cents to $3.23 as investors exchanged 54,354 units, Future Energy increased 9 cents in closing at $3.55 in trading 297,302 stock units, Honey Bun popped 8 cents to close at $8.08 with 11,004 shares changing hands. Indies Pharma lost 13 cents to end at $3.83 with traders dealing in 45,153 stocks, KLE Group skidded 19 cents to finish at $1.10 passed with 30,713 units through the market and Lumber Depot gained 10 cents and ended at $2.90 with investors swapping 159,185 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

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