Sharp jump in Junior Market trading


Friday closed out trading for November on a high note with prices mostly rising as the value and value of stocks changing hands jumped 640 percent and 687 percent, respectively, more than on Thursday on the Junior Market of the Jamaica Stock Exchange. The market closed following trading in 38 securities compared with 41 on Thursday with 18 rising, 14 declining and six closing unchanged.

Market activity closed with trading of 20,092,856 shares for $34,826,417, after soaring from 2,715,870 units at $4,424,619 on Thursday.
Trading for the day ended with an average of 528,759 shares worth $916,485, up from 66,241 stocks at $107,918 on Thursday. Trading for November, ends with an average of 224,300 stock units at $353,285, marginally up from 209,333 shares at $325,599 on the previous day and October with an average of 191,865 shares at $349,252.
The market closed with six stocks contributing 1 million shares or more to the overall volume. ONE on ONE Educational led trading with 4.97 million shares for 24.7 percent of the volume followed by Fosrich ending with 3.01 million stocks for 15 percent of the day’s trade, Jamaican Teas closed with 3.0 million stock units for 15 percent of the final volume, Dolla Financial closed with 2.43 million shares for 12.1 percent of total volume traded, Atlantic Hardware traded 1.73 million stock units for 8.6 percent of market share and Stationery and Office Supplies with 1.0 million stock units for 5 percent of all trades.
At the close of trading, the Junior Market Index jumped 47.93 points to 3,386.07. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.2, based on the last traded price, in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, Caribbean Assurance Brokers sank 8 cents after closing at $1.70 with 1,097 shares crossing the market, Derrimon Trading increased 9 cents to $1.85 after trading of 655,139 stocks, Dolla Financial popped 18 cents to end at $2.48 after an exchange of 2,430,192 units. Dolphin Cove lost 60 cents in closing at $11.95 with 5,808 shares changing hands, Fosrich climbed 10 cents to finish at $2.34 with investors trading 3,007,971 stock units, Future Energy rose 8 cents to $2.98 after an exchange of 15,914 shares. Honey Bun advanced 8 cents to $7.75 with investors trading 11,026 stocks, ISP Finance gained $3.34 to end at $17.98, after an exchange of 201 units, Jetcon Corporation dipped 12 cents to $1.35 with investors swapping 3,142 stock units. Lasco Financial rallied 14 cents to finish at $1.92 with traders swapping 41,200 shares, Limners and Bards rose 10 cents and ended at $1.02 trading 22,533 units, Mailpac Group climbed 21 cents to close at $2.60 with 901,136 stocks passing through the market. ONE on ONE Educational popped 11 cents to 87 cents with 4,969,868 stock units crossing the exchange and Stationery and Office Supplies advanced 18 cents to close at $1.82 with a transfer of 1,000,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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