A sharp jump in trading activity pushed the Junior Market of the Jamaica Stock Exchange Index higher on Wednesday, following a 139 percent climb in the number of stocks changing hands, with a 127 percent increase in value over Tuesday. At the close of the market, 42 securities were exchanged compared with 43 on Tuesday and ended with prices of 15 rising, 13 declining and 14 closing unchanged.
Trading accounted for 13,885,342 shares worth $18,694,619, a solid increase from 5,811,112 units at $8,232,056 on Tuesday.
Trading averaged 330,603 shares with an average value of $445,110, after climbing from 135,142 stock units at $191,443 on Tuesday, with trading for the month to date, averaging 471,530 stock units at $521,607 after slipping marginally from 482,233 stocks at $527,417 on the previous day and well below December, which closed with an average of 1,003,109 shares at $2,482,468.
Kintyre Holdings led trading with 3.66 million shares for 26.4 percent of total volume followed by EduFocal ending with 2.05 million stocks for 14.8 percent of the day’s trade, Mailpac Group closed with 1.55 million stock units for 11.2 percent of the volume traded, Derrimon Trading ended with 1.50 million shares for 10.8 percent of the overall volume and Caribbean Flavours with 1.02 million stocks for 7.3 percent of market share.
At the close of trading, the Junior Market Index rose 9.68 points to 3,304.81.
The Investor’s Choice bid-offer indicator ended with seven stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.5, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their financial year ending around August 2026.
At the close of the market, AMG Packaging climbed 57 cents to finish at $2.59 in trading 7,169 shares, Blue Power declined 47 cents and ended at $3.80, with 31,305 stocks crossing the exchange, Cargo Handlers rose 86 cents to $18.85 with ownership switching for 537 units.
Caribbean Assurance Brokers gained 30 cents and closed at $1.77 as investors traded 3,159 shares, Derrimon Trading sank 8 cents to end at $1.57 with 1,498,609 stock units clearing the market, Dolphin Cove dropped 15 cents in closing at $12.28 after exchanging 1,857 shares. Knutsford Express popped 47 cents to $10 with 4,860 units crossing the market, Lasco Financial increased 10 cents in closing at $1.60 after trading of 47,000 stocks, Mailpac Group advanced 31 cents and ended at $2.82 with 1,553,279 stock units crossing the market. Main Event shed 39 cents to end at $7.30 after a transfer of 6,073 shares and ONE on ONE Educational sank 9 cents to finish at 89 cents with 26,666 stocks changing hands.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.