Trading closed Friday, with the volume and value of stocks traded rising modestly over Thursday as the Jamaica Stock Exchange Junior Market closed out the week and month with the market index surging 42.50 points to close at 3,404.40, to be up 108 points for the month, with a gain just under 29 percent for the year to date.
The market closed just below the 2020 to 2021 peak of 3,421.90 reached on July 15 this year. Market activity led to 35 securities trading compared to 36 on Thursday and ended with 15 rising, eight declining and 12 closing unchanged.
A total of 4,415,967 shares traded for $14,859,809, up from 3,697,415 units at $12,782,196 on Thursday. Jamaican Teas led trading with 1.38 million shares for 31.3 percent of total volume followed by Future Energy Source with 686,131 units for 15.5 percent of the day’s trade and Mailpac Group with 489,175 units for 11.1 percent market share.
Trading averaged 126,170 shares at $424,566 up from 102,706 shares at $355,061 on Thursday and month to date averages 162,777 units at $557,275, compared to 164,650 units at $564,066 on Thursday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Blue Power popped 18 cents to $3.28, with 686 shares crossing the market, CAC 2000 climbed 25 cents to $8.30 while exchanging 1,200 stocks, Cargo Handlers declined 89 cents to $7 after trading 672 stock units. Caribbean Assurance Brokers rose 9 cents to $1.74 in exchanging 7,000 units, Consolidated Bakeries advanced 5 cents to $1.60 in swapping 12,937 stock units, Derrimon Trading rallied 11 cents to close at $2.51, with 462,210 shares changing hands. Elite Diagnostic fell 13 cents to $3.15 in an exchange of 21,248 units, Fontana shed 8 cents to $6.80 with 35,174 stocks changing hands GWest Corporation dropped 9 cents in closing at 85 cents after 1,048 shares crossed the exchange. Honey Bun spiked 22 cents ending at a 52 weeks’ closing high of $9.50 trading 4,704 units, KLE Group popped 13 cents to $1.46 with an exchange of 36,000 stocks, Lasco Distributors rose 25 cents to end at $3.85 in trading 217,988 stock units. Lasco Manufacturing climbed 48 cents to $4.78 with the swapping of 185,781 units, Lumber Depot spiked 7 cents to close at $2.97 with 60,602 stocks clearing the market, Paramount Trading lost 6 cents to close at $1.04 in switching ownership of 34,312 shares, Stationery and Office Supplies increased 50 cents to close at $6.50 after exchanging 2,434 stock units and tTech advanced 40 cents to $4.65 1,000 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.