Trading surged with the volume of stocks changing hands by 130 percent on the Junior Market of the Jamaica Stock Exchange on Thursday, accompanied by a 78 percent jump in value compared to Wednesday, following trading in 40 securities compared with 39 on the prior day and ending with prices of 13 rising, 19 declining and eight closing unchanged.
The market closed with trading of 20,230,933 shares for $34,706,309, up from 8,791,632 stock units at $19,500,281 on Wednesday.
Trading averaged 505,773 shares at $867,658 compared with 225,426 stocks at $500,007 on Wednesday. Trading month to date, ended with an average of 210,907 units at $424,983, up from 194,106 share at $399,759 on the previous day and July with an average of 707,469 shares at $1,699,009.
ONE on ONE Educational led trading with 5.0 million shares for 24.7 percent of total volume, followed by Fosrich, with 4.64 million stocks for 23 percent of the day’s trade, Stationery and Office Supplies closed with 2.77 million stocks for 13.7 percent of the volume traded, Derrimon Trading with 1.71 million units for 8.4 percent of the volume traded, Dolla Financial ended with 1.60 million units for 7.9 percent of the volume traded and Jamaican Teas with 1.40 million units for 6.9 percent of market share.
At the close of trading, the Junior Market Index rose 28.26 points to 3,394.34. The Investor’s Choice bid-offer indicator is showing three stocks with their bids higher than their last selling prices and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading, Blue Power shed 36 cents to close at $4.14, with 11,172 shares clearing the market, Caribbean Assurance Brokers lost 41 cents to $1.75 after the trading of 1,994 stocks, Caribbean Flavours rose 9 cents to finish at $1.59, after 656 shares passed through the market. Dolla Financial climbed 23 cents and ended at $2.68 with investors dealing in 1,599,889 stock units, Future Energy increased 13 cents to end at $3.08 in switching ownership of 12,962 units, Honey Bun popped 9 cents in closing at $7.50 with investors trading 8,240 stocks. Jamaican Teas rallied 12 cents to $2.45, with 1,402,632 shares crossing the market, Knutsford Express sank 25 cents to end at $13.97 with a transfer of 3,844 units, Limners and Bards dropped 19 cents in closing at a 52 week low of 90 cents, with 74,437 stock units changing hands. Main Event sank 20 cents and ended at $8.50 with trading in 5,685 shares, Medical Disposables gained 46 cents to close at $1.80 in an exchange of just 1,000 stock units, Regency Petroleum advanced 15 cents to finish at $4.30 after closing with an exchange of 757,290 stocks. Spur Tree Spices dipped 14 cents to $1.20 with investors swapping 69,542 units and Stationery and Office Supplies popped 21 cents and ended at $1.87, with 2,768,805 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.