Trading surged on the Junior Market of the Jamaica Stock Exchange Thursday, with a 221 percent jump in the volume of stocks traded, accompanied by a 311 percent surge in value over Wednesday, following trading in 39 securities, down from 44 on Wednesday and ending with prices of 14 rising, 10 declining and 15 closing unchanged, but that did not prevent the market value from declining at the close.
The market closed with trading of 12,247,617 shares for $25,016,931 up sharply from 3,813,362 units at $6,091,200 on Wednesday. Trading averaged 314,041 shares valued at $641,460 compared to 86,667 units at $138,436 on Wednesday with the month to date, averaging 159,194 units at $289,072 up from 124,685 stock units at $210,540 on the previous day and October with an average of 196,034 shares at $399,810.
Jamaican Teas led trading with 5.62 million shares for 45.9 percent of total volume followed by Mailpac Group with 1.72 million stock units for 14.1 percent of the day’s trade and One Great Studio with 1.55 million units for 12.7 percent of the day’s trade.
At the close of trading, the Junior Market Index shed 31.79 points to close at 3,772.62. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.The Junior Market ended trading with an average PE Ratio of 12.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of market activities, Blue Power advanced 40 cents to $4.40 after an exchange of 11,304 units, Caribbean Assurance Brokers rose 40 cents to finish at $3.20 with 4,038 stocks crossing the market, Derrimon Trading slipped 8 cents and ended at $1.90 after an exchange of 954,137 shares. Dolla Financial fell 8 cents to end at $3.40 with 224,857 stock units traded, Elite Diagnostic lost 9 cents in closing at $2.21 in an exchange of 8,000 shares, Indies Pharma slipped 4 cents to end at $3 after 26,078 stocks changed hands. Jamaican Teas rose 4 cents in closing at $2.25 with investors trading 5,616,727 units, Knutsford Express gained 53 cents to close at $12.45 with 4,015 units crossing the market. MFS Capital Partners fell 4 cents to end at 64 cents with investors trading 5,437 shares. Paramount Trading dipped 4 cents to finish at $1.30 with a mere two stock units crossing the exchange, Regency Petroleum popped 7 cents to $2.89 with an exchange of 15,797 stocks, Stationery and Office Supplies dropped 9 cents to finish at $1.59 and closed with an exchange of 90,792 stock units and Tropical Battery rallied 10 cents and ended at $2.47 after a transfer of 35,984 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.