The Junior Market of the Jamaica Stock Exchange continues its recovery from the fall occasioned by the two public share issues that closed last week, with the market Index popping 46.94 points, up by 1.33 percent to 3,586.13, with trading in 45 securities, up from 44 on Wednesday and ending with prices of 21 rising, 15 declining and nine closing unchanged, with Fontana closing at a 52 weeks’ high of $9.50, Stationery and Office Supplies closing at a 52 weeks’ low of $1.41 and RA Williams trading at an intraday 52 weeks’ low of 57 cents.
The market closed with trading of 13,245,591 shares for $24,563,567 compared to 15,529,234 units at $24,827,930 on Wednesday.
Trading averaged 294,346 shares at $545,857, somewhat lower than the 352,937 stocks at $564,271 on Wednesday, with the month to date, averaging 301,798 stock units at $763,470 in line with 302,258 stock units at $776,903 on the previous day compared to February that ended with an average of 246,071 shares at $454,487.
ONE on ONE Educational led trading with 3.24 million shares for 24.5 percent of total volume followed by Derrimon Trading which ended with 2.68 million stocks for 20.2 percent of the day’s trade, Fosrich closed with 2.61 million stocks for 19.7 percent of the volume traded and Jamaican Teas with 1.90 million units for 14.4 percent of market share.
At the close of trading, the Investor’s Choice bid-offer indicator shows seven 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 13.4, 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 popped 40 cents and ended at $3.10 in an exchange of 7,913 stocks, CAC 2000 rallied 14 cents to $2.49 trading 603 units, Caribbean Assurance Brokers sank 19 cents to close at $2.64 after an exchange of just 164 shares. Caribbean Cream increased 22 cents in closing at $2.43 with investors trading 4,000 stock units, Dolla Financial popped 15 cents to finish at $2.75 with 148,196 shares changing hands, Dolphin Cove dropped $1.79 to end at $16.10 and closed with 4,327 stocks changing hands. Everything Fresh rose 13 cents to $2.03 in an exchange of 284,786 units, Express Catering gained 10 cents to end at $2.88 with 57,724 stock units clearing the market, Fontana advanced 26 cents in closing at a 52 weeks’ high of $9.50 after a transfer of 111,010 shares. Future Energy lost 13 cents to close at $3.17 with traders dealing in 201,691 stocks, GWest Corporation popped 5 cents and ended at 96 cents as investors exchanged 131,026 units, Indies Pharma dipped 23 cents to finish at $3.66 with a transfer of 52,032 stock units. Iron Rock Insurance sank 89 cents to $3.01 with investors dealing in 2,939 shares, Jetcon Corporation dropped 8 cents in closing at $1.01 after an exchange of 355 stocks, Knutsford Express gained $1.27 and ended at $13.30 with investors trading 109 units. Lasco Financial rose 5 cents to end at $1.64 with 9,909 units passing through the market, MFS Capital Partners fell 5 cents to finish at 40 cents with an exchange of 112,602 shares, Paramount Trading declined 5 cents to close at $1 with 61,401 stocks crossing the market. Regency Petroleum rallied 12 cents to $3.37 with 126,349 units switching owners and Stationery and Office Supplies shed 10 cents to finish at a 52 weeks’ low of $1.41 with 292,087 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.