Trading climbs on Junior Market


Trading activity picked up on a low-keyed session on the Junior Market of the Jamaica Stock Exchange on Thursday, with a 13 percent rise in the volume of stocks traded, accompanied by a 20 percent greater value than on Wednesday, following trading in 39 securities, down from 44 on Wednesday and ending with prices of only seven rising, 23 declining and nine closing unchanged.

The market closed with trading of 2,366,476 shares for $5,053,420, up from 2,101,902 stock units at $4,194,241 on Wednesday.
Trading averaged 60,679 shares at $129,575, after increasing from 47,771 shares at $95,324 on the previous day. Trading for the month to date, averages 113,893 units at $226,239, after dipping from 116,672 stocks at $231,286 on the previous day and August which averaged 236,241 shares at $494,923.
Future Energy led trading with a mere 406,551 shares for 17.2 percent of total volume, followed by Stationery and Office Supplies, with 350,000 stock units for 14.8 percent of the day’s trade and Fosrich with 276,282 stocks for 11.7 percent of the volume traded.
At the close of trading, the Junior Market Index skidded 19.50 points to 3,357.90. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of trading, AMG Packaging lost 11 cents in closing at $2.32 with a transfer of 2,234 shares, Cargo Handlers sank 34 cents to $13 with 250 stock units crossing the exchange, Caribbean Flavours dropped 23 cents to finish at $1.36 with 150,062 shares changing hands. Consolidated Bakeries climbed 11 cents and ended at $1.61 with investors trading 4,397 stocks, Dolla Financial shed 6 cents to end at $2.47 with 22,029 units crossing the market, Dolphin Cove sank 28 cents to close at $13.86 after a transfer of 11,213 shares. Fontana increased 7 cents to $8.93 in trading 25,248 stock units, Honey Bun fell 20 cents to close at $7.01 with traders passing 17,361 units through the market, Indies Pharma declined 7 cents and ended at $3.01 as investors exchanged 24,726 stocks. Iron Rock Insurance popped 30 cents to finish at $3.80 in switching ownership of 240 units, ISP Finance slipped $2.78 in closing at $11.91 with brokers trading 913 stocks, Jamaican Teas skidded 17 cents to end at $2.20 with an exchange of 51,432 shares. Knutsford Express advanced 87 cents to $13.98 with 21 stock units clearing the market, Limners and Bards dipped 5 cents to close at $1.01 with traders dealing in 3,150 shares, Regency Petroleum lost 7 cents in closing at $4.25 with 231,838 stock units crossing the market. Spur Tree Spices dipped 10 cents and ended at $1.03 with investors swapping 198,515 stocks and Stationery and Office Supplies sank 7 cents to end at $1.63 after an exchange of 350,000 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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