Trading climbs on Junior Market


Trading activity jumped on the Junior Market of the Jamaica Stock Exchange on Monday, with a 79 percent climb in the volume of stocks traded, resulting from a 304 percent jump in the value compared to Friday, following Derrimon Trading with nearly 23 million shares. Trading ended after an exchange of 41 securities, compared with 42 on Friday, with prices of 12 rising, 19 declining and 10 closing unchanged.

The market closed with trading of 28,603,521 shares for $37,608,677, up sharply from 15,947,334 units at $9,317,090 on Friday.
Trading averaged 697,647 shares at $917,285, well above 379,698 stock units at $221,835 on Friday with a month to date average of 265,530 units at $371,876 up from 241,459 stock units at $341,493 on the previous day and well below trading in June, with an average of 1,591,326 shares at $1,703,148.
Derrimon Trading led trading with 22.61 million shares for 79 percent of total volume, followed by Woodcats International, with 899,387 units for 3.1 percent of the day’s trade and Lasco Financial with 873,088 stocks for 3.1 percent of the volume traded.
At the close of trading, the Junior Market Index fell 29.85 points to close at 3,008.44. The Investor’s Choice bid-offer indicator shows six 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 11.6. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, AMG Packaging dipped 10 cents to end at $1.70 and closed with an exchange of 30,734 stock units, Atlantic Hardware declined by 23 cents to close at $1.17 with investors trading 722,147 shares, Cargo Handlers climbed by 20 cents to $17.95, with 2,786 units crossing the market. Caribbean Cream rose 43 cents to $2.14 following an exchange of 34,390 stocks, Caribbean Flavours fell 9 cents and ended at $1.09, with 24,309 units clearing the market, Consolidated Bakeries fell 23 cents to close at $1.22 with a transfer of 8,560 stocks. Derrimon Trading rallied 6 cents to $1.31 with 22,607,633 shares changing hands, Dolphin Cove dropped 23 cents to end at $11.02 with investors swapping 4,529 stock units, Fontana shed 8 cents in closing at $6.12 after 68,996 shares passed through the market. Fosrich slipped 17 cents to close at $1.40 with investors dealing in 20,188 units, Future Energy skidded 5 cents and ended at $3.70 after an exchange of 861,989 stocks, Image Plus fell 8 cents to finish at $1.03, with 454,123 stock units crossing the market. Jamaican Teas dropped 14 cents and ended at $2.01 as investors traded 103,200 shares, Knutsford Express shed 20 cents to $8 after trading of 1,134 units, Limners and Bards declined 10 cents to finish at $1.02 in an exchange of 393,400 stocks. Mailpac Group popped 17 cents to end at $2.60 with investors trading 11,286 stock units, Medical Disposables increased 8 cents in closing at $1 with an exchange of 200 shares, ONE on ONE Educational lost 5 cents to close at 73 cents after an exchange of 20,517 units and Stationery and Office Supplies rallied 6 cents to $1.54 in trading 10,818 stocks.
The closing prices of securities traded are those of the last transaction.

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