One of Jamaica’s leading suppliers of stationery and office equipment, Stationery and Office Supplies and beverage producers Jamaican Tea, led trading on the Junior Market of the Jamaica Stock Exchange on Thursday, with 80 percent of the total volume traded. Trading culminated in an increase of 325 percent in the volume of stocks changing hands with 236 percent more value than Wednesday, when 42 securities were traded, the same as Thursday and ending with prices of 17 rising, 19 declining and six closing unchanged.
The market closed with 13,148,598 shares trading for $24,952,294 up from 3,096,129 units at $7,428,101 on Wednesday.
Trading averaged 313,062 shares at $594,102 well above the 73,717 stocks at $176,860 on Wednesday with the month to date, averaging 145,330 units at $300,304 up from 90,719 stock units at $204,649 on the previous day and January with an average of 350,850 shares at $615,775.
Stationery and Office Supplies ended with 7.45 million shares for 56.7 percent of total volume followed by Jamaican Teas which ended with 3.03 million stock units for 23.1 percent of the day’s trade and Omni Industries with 309,810 stocks for just 2.4 percent of the volume traded. All three stocks are worth noting for future major activities and possible prices breaking out.
At the close of trading, the Junior Market Index skidded 13.23 points to finish at 3,742.00, still a fraction above the 2024 close. The Investor’s Choice bid-offer indicator shows five 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 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.At the close of an interesting session, Access Financial dropped 95 cents and ended at $17.05 after an exchange of 1,010 stock units and closed with an offer of 439,488 shares at $17.99, which could keep a lid on the price in the short run. AMG Packaging advanced 23 cents to $3.24 with investors trading 2,906 units, Blue Power sank 43 cents to close at $5.11 with 4,469 shares changing hands. CAC 2000 rose 20 cents to close at $2.43 as investors exchanged 109 stock units, Cargo Handlers climbed 40 cents to end at $11.50 with just 14 shares being traded, Caribbean Assurance Brokers increased 26 cents to finish at $2.48 with investors swapping 922 stock units. Consolidated Bakeries popped 8 cents and ended at $2.05 with 75,966 stocks passing through the market, Dolla Financial declined 7 cents to $2.89 with a transfer of 189,840 units, Dolphin Cove rallied 98 cents to end at $19.60 with trading in 2,134 stocks. Everything Fresh lost 39 cents to close at $1.70 after a transfer of 200,714 units, Express Catering slipped 8 cents to finish at $3.25 with 22,383 shares crossing the market, Future Energy sank 6 cents to close at $3.43 in an exchange of 34,814 stock units.
GWest Corporation gained 5 cents to 90 cents with investors trading 73,489 shares, Honey Bun dipped 25 cents and ended at $7.95 with an exchange of 30,513 stocks, Image Plus fell 10 cents to close at a 52 weeks’ low of $1.31 with 159,942 units changing hands. Jamaican Teas popped 29 cents to close at $2.50 after an exchange of 3,032,490 stock units, following the release of first quarter results showing an 11.4 percent increase in net profits, with little contribution from QWI Investments. JFP Ltd skidded 7 cents to finish at 82 cents in trading 23,313 shares, KLE Group shed 14 cents to end at $1.15 with 13,257 units crossing the exchange. Knutsford Express dropped 30 cents in closing at $12.50 with traders dealing in 971 stocks, Medical Disposables sank 15 cents to $2 in an exchange of 678 stock units, ONE on ONE Educational skidded 5 cents to end at 94 cents with investors dealing in 18,660 shares and Tropical Battery climbed 7 cents and ended at $3.07 with 305,461 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.