The Jamaica Stock Exchange Junior Market jumped on Friday, with the Market Index gaining 46.14 points to close at 3,127.70 on a day of low-level trading. The volume of stocks and value of trades dropped 96 percent below Thursday’s levels, following trading in 42 securities, compared with 44 on Thursday and ending with prices of 17 rising, 17 declining and eight closing unchanged.
The market closed with trading of 4,204,346 shares for $6,997,783, after it tumbled from 95,139,132 units at $188,360,616 on Thursday.
Trading averaged 100,103 shares at $166,614, after dropping from 2,162,253 stocks at $4,280,923 on Thursday. Trading for the month to date averages 1,155,157 stock units at $2,271,609 compared to an average of 324,023 shares at $544,060 for September.
On a day of low trading, no company traded more than a million shares as Woodcats International led trading with 704,253 shares for 16.8 percent of total volume, followed by RA Williams with 656,913 units for 15.6 percent of the day’s trade and Atlantic Hardware with 602,565 stocks for 14.3 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows two 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 11.6.
ICInsider.com computes the PE ratios, derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of trading on Friday, Access Financial gained 35 cents to $19.35 after a transfer of 11,579 units, Atlantic Hardware dropped 9 cents and closed at $1.43, with 602,565 stocks changing hands, CAC 2000 fell 25 cents to finish at 95 cents, with investors trading 210 shares. Derrimon Trading declined 5 cents to end at 85 cents, with 127,599 stock units crossing the market, Dolphin Cove rose 40 cents and ended at $10.38 with a transfer of 1,844 shares, Express Catering rallied 33 cents to close at $2.49 in switching ownership of 101,669 units. Future Energy lost 6 cents to $3.61 with investors dealing in 65,859 stocks, Honey Bun increased 7 cents to end at $6.59 after an exchange of 20,271 stock units, Image Plus climbed 10 cents to close at $1.94 with 57,463 shares clearing the market. Jamaican Teas skidded 9 cents to close at $2.10 as investors exchanged 2,979 stock units,
Jetcon Corporation shed 46 cents and ended at $4.28 after trading of 300,217 stocks, Mailpac Group rose 12 cents to finish at $2.17 in an exchange of 1,982 units. One Great Studio slipped 5 cents and ended at 52 cents with 222,407 shares changing hands, ONE on ONE Educational gained 8 cents to 80 cents after an exchange of 7,264 units, Regency Petroleum rose 22 cents to finish at $4.34, with 23,524 shares crossing the market. Spur Tree Spices dipped 34 cents to end at $1.06, with investors trading 10,470 stock units and Stationery and Office Supplies fell 5 cents to close at $1.62, after an exchange of 4,376 shares.
Prices of securities trading are those of the last transaction.