Declining stocks outdistance those rises at the close of the Junior Market of the Jamaica Stock Exchange on Thursday, with the market eking out a modest rise following a 393 percent surge in the volume of stocks traded, with 525 percent greater value than Wednesday with trading in 42 securities up from 39 on Wednesday and ending with prices of 12 rising, 18 declining and 12 closing unchanged.
The market closed with trading of 17,444,446 shares for $41,871,104 compared with 3,536,843 units at $6,698,902 on Wednesday.
Trading averaged 415,344 shares at $996,931 compared with 90,688 units at $171,767 on Wednesday. Trading for the month to date, averages 252,581 stocks at $490,446 compared with 231,865 stock units at $425,984 on the previous day and July with an average of 358,542 units at $736,760.
Dolla Financial led trading with 6.32 million shares for 36.2 percent of total volume followed by Regency Petroleum with 4.33 million stock units for 24.8 percent of the day’s trade and Jamaican Teas with 2.21 million units for 12.7 percent of the day’s trade.
At the close of trading, the Junior Market Index popped 4.11 points to conclude trading at 3,628.20.
The Junior Market ended trading with an average PE Ratio of 12.2, 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 four stocks ended with bids higher than their last selling prices and six with lower offers.
At close of the market, AMG Packaging dipped 13 cents to $2.81 with investors trading 305 stocks, Caribbean Assurance Brokers sank 17 cents and ended at $3.58 after a transfer of 9 shares, Caribbean Cream slipped 39 cents to close at $3.05 with investors dealing in 7,878 stocks. Caribbean Flavours rose 14 cents to end at $1.26, with 21,382 units changing hands, Dolla Financial lost 5 cents in closing at $2.95 with investors swapping 6,315,543 shares, Dolphin Cove gained $1.16 to finish at $22.96 in an exchange of 2,220 units.
Elite Diagnostic popped 15 cents to $1.54 with investors in 61,616 stocks, following the release of the full year results with a robust fourth quarter that points to earnings round about 40 cents in a full year. Future Energy climbed 7 cents to end at $3.37 after an exchange of 209,234 stock units, Lasco Financial fell 19 cents to $1.60 with investors trading 854,945 shares. Limners and Bards increased 22 cents to close at $1.47 with an exchange of 60,756 stock units, Main Event declined 95 cents to $11 after closing with an exchange of 51,289 stocks, MFS Capital Partners sank 6 cents to finish at 64 cents with 11,223 units clearing the market and Paramount Trading advanced 10 cents to $1.11 in trading just 100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
