Rise in Junior Market trading


Junior Market trading activity rose on the Jamaica Stock Exchange on Thursday, with a moderate rise in the volume of stocks traded, with a sharp 139 percent surge in value compared to Wednesday, following trading in 41 securities compared with 35 on Wednesday and ending with prices of 14 rising, 17 declined and 10 closed unchanged.

The market closed with trading of 9,306,236 shares for $16,784,542, up from 8,628,228 stock units at $7,030,247 on Wednesday.
Trading averaged 226,981 shares at $409,379, compared to 246,521 stocks at $200,864 on Wednesday, with the month to date, averaging 125,747 stock units at $224,738, up from 116,645 units at $208,136 on the previous day and September, with an average of 154,641 shares at $329,246.
Trading was led by Kintyre Holdings with 2.79 million shares for 30 percent of the total volume, followed by Express Catering, with 1.88 million shares for 20.2 percent of the day’s trade as investors responded positively to the company’s first quarter results with more than a 50 percent rise and Regency Petroleum with 1.13 million units for 12.2 percent of the day’s trade.
At the close of trading, the Junior Market Index climbed 6.82 points to settle at 3,368.79. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of trading, AMG Packaging shed 14 cents to close at $2.25, with trading of 600,000 shares, Caribbean Assurance lost 8 cents to $1.96 after a transfer of 6,077 stocks, Dolla Financial increased 11 cents and ended at $2.48, as investors exchanged 43,353 shares. Dolphin Cove skidded 30 cents to finish at $13.20 with trading in 4,981 units, Elite Diagnostic climbed 10 cents to end at $1.60 with investors trading 30 stocks, Fontana sank 14 cents in closing at $8.89 after an exchange of 17,563 units. Fosrich popped 7 cents to $2.24, with 196,844 stocks crossing the market, Honey Bun dipped 9 cents to end at $7.65 with an exchange of 2,744 shares, Indies Pharma rallied 6 cents in closing at $3.09 after trading of 84,276 stock units. ISP Finance rose $1.70 to finish at $13 in an exchange of 219 shares, Knutsford Express gained 48 cents and ended at $13, with 29,247 stocks changing hands, Limners and Bards fell 7 cents to close at 95 cents, with 778,742 units crossing the exchange. Main Event advanced 25 cents to $7.25 after switching ownership of 8,524 stock units and Paramount Trading rose 8 cents in closing at $1.10 with investors dealing in 201,528 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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