Trading activity closed sharply higher on the Junior Market of the Jamaica Stock Exchange on Wednesday, with a 124 percent jump in the volume of stocks traded, accompanied by a 51 percent rise in value compared with Tuesday. The market index jumped and recovered from the previous day’s steep fall, following trading in 42 securities similar to Tuesday, with prices of 10 rising, 25 declining and seven closing unchanged.
Trading ended with an exchange of 14,148,099 shares for $16,310,076 compared with 6,302,303 units at $10,830,092 on Tuesday.
Trading averaged 336,860 shares at $388,335, up from 150,055 stock units at $257,859 on Tuesday, with trading month to date, averaging 537,181 shares for $517,925 after falling slightly from 562,073 stock units at $534,028 on the previous day but well below December, with an average of 1,003,109 shares at $2,482,468.
Atlantic Hardware led trading with 4.65 million shares for 32.9 percent of total volume, after the stock hit a record high, followed by Kintyre Holdings ending with 3.23 million stocks for 22.8 percent of the day’s trade, EduFocal closed with 3.12 million stocks for 22 percent of the volume traded and RA Williams with 1.60 million stock units for 11.3 percent of market share.
At the close of trading, the Junior Market Index rose 54.13 points to 3,373.12. The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.6, 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, Access Financial gained 82 cents after closing at $18.44 with traders dealing in 153 shares, AMG Packaging sank 40 cents to $2.50 after an exchange of 22,875 units, Atlantic Hardware popped 17 cents and ended at a record high of $2.02 after trading of 4,649,996 stock units. Cargo Handlers rallied $2.32 to end at $17.81 with a transfer of 12,185 shares, Caribbean Assurance Brokers rose 18 cents in closing at $1.78 with 3,183 stock units crossing the market, Caribbean Cream dipped 16 cents to finish at $2 in an exchange of 4,613 shares. Consolidated Bakeries fell 16 cents to $1.35 with investors trading 2,000 stocks, Derrimon Trading skidded 9 cents to finish at $1.65 with investors switching ownership of 330,362 units, Dolla Financial gained 22 cents and ended at $2.57 with 35,252 stock units changing hands. Dolphin Cove sank 34 cents to close at $12.10 with investors dealing in 773 shares, EduFocal slipped 6 cents to 23 cents after an exchange of 3,116,038 stock units, Everything Fresh lost 8 cents to end at $2.10 in trading 218 units.
Express Catering dropped 26 cents to $2.33 with 117,107 stocks crossing the market, Fontana shed 25 cents and ended at $7.75 with investors trading 82,210 units, Fosrich declined 25 cents to finish at $2.21 with 3,897 stocks clearing the market. Jetcon Corporation sank 8 cents in closing at $2.27 as investors exchanged only 545 shares, Knutsford Express advanced 55 cents to close at $10 with 1,573 stock units passing through the market, Mailpac Group climbed 38 cents to end at a 52 weeks high of $2.88 after an exchange of 106,489 shares and Main Event increased 20 cents in closing at $7.70 with investors swapping 138 units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated. unit
Trading in the stock was halted, with 225,000 shares on offer at $10. There are minor bids in the nine-dollar region, the highest at $9.60. At $10, the stock is highly overvalued at a PE of 200. This is not going to end well for several investors.
At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of the market, Barita Investments rallied by $1.65 to end at $73 with traders dealing in 2,306 shares, Berger Paints increased 79 cents to $6.09 in an exchange of 3,426 units, Caribbean Cement rose 96 cents to close at $106.96 with investors trading 4,786 shares. Carreras climbed 44 cents and ended at $18.49 after a transfer of 646,108 stock units, GraceKennedy rose $2 to finish at $72 with dealers switching ownership of 41,671 stocks, Guardian Holdings lost $10 in closing at $330 with investors dealing in 832 units. Jamaica Broilers advanced 44 cents to $16.94 with 72,718 shares crossing the exchange, Jamaica Stock Exchange skidded 45 cents in closing at $11.35 with 8,249 stock units changing hands, Kingston Wharves gained $1.99 to close at $36.09 with investors trading 7,235 stocks.
Pan Jamaica rose $5.17 and ended at $51.68 after an exchange of 381 shares, Proven Investments sank 88 cents to end at $15 after dealers swapped 1,657 units and West Indies Petroleum climbed $2.98 to finish at a new closing high of $12.40 in trading 967,017 stocks.
The market closed with trading of 84,673 shares for $1,743,716, with the volume sliding from 256,387 stock units with the value greater than $1,281,628 on Monday.
Angostura Holdings ended at $12.75 after trading of 2 stock units, Ansa McAl ended at $43.70 with 1,228 shares changing hands, while AS Bryden slipped 5 cents to end at $1.50 with investors swapping 990 stock units, CIBC Caribbean Bank remained at $8.28 in an exchange of 909 stocks, First Citizens Group popped 99 cents to close at $37 with 1,701 shares passing through the market. GraceKennedy slipped 2 cents to $3.37 in trading 9,918 stock units, Guardian Holdings ended at $15.29 after a transfer of 1,001 stocks, Guardian Media remained at 62 cents with investors trading 16,675 units. JMMB Group ended at 84 cents after an exchange of 25 shares, Massy Holdings gained 2 cents to finish at $3.70 with investors dealing in 13,106 units, National Enterprises remained at $2.24 with 1,800 stocks crossing the market.
National Flour Mills fell 2 cents to $1.64 with a transfer of 600 stock units, Point Lisas rose 65 cents to end at a 52 weeks high of $5.25 after exchanging 12 shares, Prestige Holdings rallied 74 cents in closing at $13 with market participants swapping 1,504 stocks. Republic Financial ended at $106 with traders dealing in 10,892 units, Scotiabank ended at $48 with 5,612 stock units clearing the market, Trinidad & Tobago NGL remained at $2.65 after closing with an exchange of 18,473 shares and Trinidad Cement remained at $1.94 with an exchange of 8 stocks.
The All Jamaican Composite Index popped 6,732.90 points to close trading at 385,303.96, the JSE Main Index climbed 4,565.08 points to 332,600.05 and the JSE Financial Index skidded 0.44 points to 63.58.
At the close of the market, AS Bryden advanced by 84 cents to end at $31.19 with an exchange of a mere two shares, Barita Investments declined $1.65 to $71.35 with investors exchanging 5,308 stocks, Berger Paints sank 95 cents to finish at $5.30 with dealers switching ownership of 4,609 shares. GraceKennedy skidded $2 and ended at $70 with investors dealing in 21,979 stock units, Guardian Holdings sank $4.88 in closing at $340 in an exchange of 781 units, Jamaica Broilers dipped 45 cents to close at $16.50 with 48,866 stocks crossing the market. JMMB Group lost 86 cents to $16.62 with a transfer of 219,054 units, Kingston Wharves dropped $1.20 to close at $34.10 with 3,111 shares crossing the market, Massy Holdings shed 50 cents to end at $75.50 in trading 44,714 stock units. Mayberry Group fell 45 cents in closing at $7 with 2,223 shares crossing the exchange, Pan Jamaica slipped $4.94 and ended at $46.51 with investors dealing in 3,441 stock units, Proven Investments popped $1.93 to finish at $15.88 after an exchange of 78,074 units.
Seprod gained 70 cents and ended at $83.70 with trading of 1,041 stocks, Supreme Ventures rose 49 cents to $16.99 with an exchange of 57,312 units and West Indies Petroleum climbed $2.16 to close at a record high of $9.42 with 34,943 stocks changing hands.
The market closed with trading of 6,322,850 shares for $9,741,688 after plunging from 13,068,999 units at $25,015,021 on Friday.
The Junior Market finished with an average PE Ratio of 13.7, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios used in this report for companies with their financial year ending around August 2026.
Jetcon Corporation declined 10 cents to finish at $2.45 with 389,554 shares passing through the market, Kintyre Holdings declined by 7 cents and ended at 60 cents with investors dealing in 688,072 stocks, Knutsford Express rallied 54 cents to close at $11.54 with dealers switching ownership of 6,392 units. Mailpac Group rose 29 cents to $2.71 with 27,338 stock units crossing the market, Medical Disposables advanced 13 cents to finish at $1.43 after a transfer of 101 shares, MFS Capital Partners gained 6 cents and ended at 40 cents following the trading of 3,312 units and ONE on ONE Educational rose 11 cents to end at 97 cents with 15,413 stocks crossing the exchange.
The market closed with an average of 12,209 shares being traded at $61,030, down from 16,463 units at $95,362 on Friday, with trading month to date averaging 14,943 shares at $90,491 after decreasing from 15,381 units at $95,215 on the previous day and well below the average for December of 43,880 shares at $314,506.
At the close of the market, Agostini lost $1 and ended at $62, following a switch in owners of 844 shares. Angostura Holdings ended trading at $12.75 with investors exchanging 1,077 stocks. Ansa McAl increased by 70 cents to end at $43.70 after a transfer of 5 shares. AS Bryden slipped 30 cents to $1.55 with 2,331 stocks clearing the market, CIBC Caribbean Bank remained at $8.28 after an exchange of 50 units, First Citizens Group popped 99 cents to finish at $36.01 with investors dealing in 1,025 shares. GraceKennedy rallied 2 cents to $3.39 in an exchange of 56 stock units, Guardian Holdings ended at $15.29 after trading of 23,103 stocks, Guardian Media remained at 62 cents with an exchange of 5,004 units. JMMB Group ended at 84 cents, with 114 stocks crossing the market, Massy Holdings rose 8 cents to close at $3.68 after an exchange of 50,647 shares, National Enterprises sank 27 cents to end at $2.24, with investors trading 12,414 stock units. National Flour Mills declined 1 cent to $1.66 with 2,515 units crossing the exchange, NCB Financial remained at $1.93 with investors swapping 109,673 shares,
One Caribbean Media remained at $1.33 in an exchange of 16,514 stock units. Point Lisas ended at $4.60 with traders dealing in 100 units, Republic Financial remained at $106 after an exchange of 803 stocks, Scotiabank gained 50 cents to close at $48 in trading 4,303 shares. Trinidad & Tobago NGL ended at $2.65 after 24,182 stock units crossed the market, Unilever Caribbean closed at $14 with a transfer of 447 stocks and West Indian Tobacco remained at $2.75 after closing with an exchange of 1,180 units.
At Friday’s close, WIPT trades at 244 times 2024 earnings, according to data compiled by ICInsider.com, after eliminating the one off impairment cost mentioned below, a stark contrast to the broader Jamaica Stock Exchange with an average PE of 18 times earnings. The company was initially valued at roughly 11 times earnings at listing.
The market closed with trading of 13,068,999 shares for $25,015,021, up from 8,051,937 stock units at $8,032,911 on Thursday.
The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and none with a lower offer.
Indies Pharma sank 13 cents to $2.75 after an exchange of 41,644 stock units, Iron Rock Insurance dipped 58 cents to finish at $2.80, with investors swapping 2,030 units, ISP Finance skidded $1.76 and ended at $14.99 after a mere two shares passed through the market. Jamaican Teas dropped 25 cents to close at $2.09 after trading 100,082 stock units, Jetcon Corporation rose 29 cents to close at a 52 weeks’ high of $2.55 with a transfer of 508,957 stocks, after trading as high as $2.75, Medical Disposables slipped 15 cents to end at $1.30, with 99,497 units changing hands. Paramount Trading rallied 13 cents to $1.38 with investors trading 560 stock units and Spur Tree Spices increased 6 cents to finish at $1.15 after a transfer of 4,070 shares.
The market closed with trading of 378,651 shares for $2,193,331 compared to 179,038 stock units at $925,648 on Thursday.
AS Bryden increased by 15 cents to close at $1.85 after an exchange of one stock, CIBC Caribbean Bank remained at $8.28 with investors trading 1,200 stock units, Eric Solis Marketing rose 20 cents to close at a 52 weeks high of $4 after an exchange of 2,900 shares. First Citizens Group shed 98 cents to $35.02 with investors dealing in 5,521 stock units, GraceKennedy lost 2 cents to close at $3.37 with a transfer of 20,003 units, Guardian Holdings rallied 29 cents and ended at $15.29 following trading of 1,500 stock units. Guardian Media ended at 62 cents, with 23 shares crossing the market, JMMB Group remained at 84 cents in trading 1,000 stock units, Massy Holdings ended at $3.60 after a transfer of 148,785 units. National Enterprises rose 1 cent to $2.51, with 3,755 stocks clearing the market, National Flour Mills sslipped 1 cent and ended at $1.67 after an exchange of 10,500 units, NCB Financial gained 1 cent to finish at $1.93, with 50,000 shares changing hands.