Advertising agent Limners and Bards shook up trading on the Jamaica Stock Exchange Junior Market on Monday with an exchange of 26 million shares, accounting for 76 percent of the day’s volume. Stocks traded surged 393 percent, with 282 percent more value over Friday, following trading in 44 securities, up from 42 on Friday and ending with prices of 20 rising, 13 declining and 11 closing unchanged, with the market index moving higher.
A total of 34,074,813 shares worth $36,835,128 changed hands in a surge from 6,915,830 stock units at $9,645,165 on Friday.
Trading averaged 774,428 shares at $837,162, after increasing from 164,663 stock units at $229,647 on Friday. Trading for the month to date averages 218,589 stocks at $334,479 up from 176,055 shares at $296,013 on the previous day and August, with an average of 433,821 shares at $676,565.
Limners and Bards led trading with 26.0 million shares for 76.3 percent of total volume, followed by RA Williams with 2.30 million stocks for 6.8 percent of the day’s trade, Omni Industries ended with 1.50 million stocks for 4.4 percent of the volume traded and Woodcats International with 1.35 million units for 4 percent of trading.
At the close of trading, the Junior Market Index climbed 15.64 points to end at 2,939.29. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.3. ICInsider.com computes the PE ratios, which are 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, Access Financial dipped $1.85 and ended at $17.48, with 611 stocks passing through the market, Blue Power rallied 53 cents to $3.73, following trading of 91,505 units, CAC 2000 fell 22 cents to end at 52 weeks low of $1.22, with 3,830 shares crossing the market.
Cargo Handlers rallied by $1.57 and ended at $15.83 with a transfer of 377 stocks, Caribbean Cream gained 24 cents to finish at $2.64 with 2,406 shares crossing the market, Caribbean Flavours rose 10 cents to close at $1.37 with investors trading 65,523 units. Consolidated Bakeries advanced 5 cents to $1.40 with an exchange of 57 shares, Derrimon Trading rose 8 cents to close at 89 cents with an exchange of 258,929 stock units, Dolla Financial climbed 20 cents and ended at 52 weeks high of $3.90 in switching ownership of 565,705 shares. Dolphin Cove rose 75 cents to $9.85 after an exchange of 71,055 stocks and the price hitting a 52 weeks intraday low of $8, Elite Diagnostic climbed 20 cents to end at $1.72 with a transfer of 1,247 units, Everything Fresh rose 23 cents to close at $1.91 after an exchange of 4,079 stock units. Express Catering gained 11 cents to $1.96 in trading 201,350 shares, GWest Corporation popped 10 cents to finish at 57 cents with 5,884 units crossing the exchange, Indies Pharma shed 5 cents and ended at $2.59 with investors dealing in 12,254 stocks.
Iron Rock Insurance lost 22 cents to close at $3 in an exchange of 499,112 stock units, Knutsford Express advanced 60 cents to end at $8.65 after trading of 8,042 shares, Limners and Bards skidded 17 cents in closing at 93 cents with 25,999,843 stock units changing hands. Lumber Depot rallied 14 cents to $2.54 after a transfer of 7,889 stocks, ONE on ONE Educational dropped 7 cents and ended at 65 cents as investors exchanged 33,979 units and RA Williams popped 7 cents to finish at a 52 weeks high of 70 cents with 2,303,292 shares clearing the market.
Prices of securities trading are those of the last transaction.