Shares of RA Williams commenced trading on the Junior Market of the Jamaica Stock Exchange on Wednesday following a successful initial public offer with minimal oversubscription which led to sellers overpowering buyers resulting in the stock falling on its listing debut, but the stock was the leading trade for the day and resulted in a 12 percent rise in the volume of stocks traded, with a marginal increase in value over Tuesday’s trades.
At the close of market activity, trading took place in 43 securities up from 41 on Tuesday and ended with prices of 20 rising, 10 declining and 13 closing unchanged.
The market closed with trading of 13,421,442 shares for $22,817,501 compared with 12,025,717 units at $22,278,049 on Tuesday.
Trading averaged 312,127 shares at $530,640 compared to 293,310 units at $543,367 on Tuesday, with the month to date, averaging 350,350 stocks at $483,916 compared to 352,691 stock units at $481,054 on the previous day and July with an average of 358,542 shares at $736,760.
Newly listed RA Williams led trading with 2.92 million shares for 21.7 percent of total volume followed by Dolla Financial with 1.96 million stock units for 14.6 percent of the day’s trade, Derrimon Trading was next with 1.82 million stocks for 13.6 percent market share, Jamaican Teas closed with 1.19 million stocks for 8.9 percent market share, 
MFS Capital Partners ended with 1.19 million units for 8.8 percent market share and EduFocal with 1.02 million shares for 7.6 percent of total volume.
At the close of trading, the Junior Market Index rose 8.05 points to finish at 3,611.18.
The Junior Market ended trading with an average PE Ratio of 12.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for 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 five with lower offers.
At the close of the market, Derrimon Trading popped 8 cents to finish at $1.98 with investors trading 1,824,449 stock units, Elite Diagnostic increased 17 cents and ended at $1.87 with an exchange of 530,336 shares, Honey Bun climbed 40 cents to $8.40 with 5,043 units clearing the market. Indies Pharma rose 10 cents to close at $2.60 with investors dealing in 19,584 stocks,
Iron Rock Insurance declined 39 cents in closing at $2.61 after a transfer of 134,617 shares, Jamaican Teas gained 9 cents to end at $2.29 with traders dealing in 1,191,522 units. Jetcon Corporation rallied 15 cents in closing at a 52 weeks’ high of $1.15 after investors exchanged 277,639 stocks, Knutsford Express advanced $2.56 to $10.57 in switching ownership of 2,610 stock units, Limners and Bards rose 12 cents and ended at $1.38 with 34,027 shares crossing the exchange. Lumber Depot shed 15 cents to close at $2.84 with investors trading 76,153 stock units, Main Event rallied $1.79 to finish at $11.89 after an exchange of 21,852 stocks, MFS Capital Partners popped 7 cents to end at 71 cents in trading 1,185,105 units. RA Williams shed 18 cents to close at a 52 weeks low of 82 cents after an exchange of 2,917,020 shares and Stationery and Office Supplies dropped 24 cents and ended at $1.43 in trading 260,253 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
