Trading climbs on the JSE Junior Market

Rising stocks edged out those declining at the close of trading on the Junior Market of the Jamaica Stock Exchange on Wednesday, with trading in 44 securities, down from 46 on Tuesday and ending with prices of 21 rising, 17 declining and six closing unchanged following a 35 percent rise in the volume of stocks traded, with 115 percent more value than Tuesday.
The market closed with trading of 6,431,836 shares for $19,123,963 up from 4,757,290 units at $8,905,290 on Tuesday.
Trading averaged 146,178 shares at $434,636 compared to 103,419 stock units at $193,593 on Tuesday with the month to date, averaging 391,728 units at $700,170 down from 405,963 shares at $715,564 on the previous day and for August with an average of 389,714 units at $570,529.
Regency Petroleum led trading with 2.30 million shares for 35.8 percent of total volume followed by Derrimon Trading with 801,000 units for 12.5 percent of the day’s trade and Honey Bun with 464,440 stocks for 7.2 percent market share.
At the close of trading, the Junior Market Index rallied a mere 7.53 points to close at 3,731.46.
The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial slipped 60 cents to $18.40 with investors trading 979 stock units, Cargo Handlers gained $1.40 to end at $11.90 after a transfer of 102 shares, Caribbean Assurance Brokers rose 9 cents to $3.49 as investors traded 12,457 stocks. Dolla Financial sank 16 cents in closing at $3.14 with 134,547 stock units changing hands, Dolphin Cove advanced 74 cents to finish at $22.64 with investors swapping 115,826 shares, Everything Fresh dipped 23 cents to close at $1.95 after an exchange of 11,324 stocks. Express Catering popped 12 cents to $3.52 with investors trading 43,860 units, Fontana increased 34 cents to end at $7.99 in an exchange of 6,319 stock units, Fosrich climbed 10 cents in closing at $2.38 with 126,127 shares crossing the market. Honey Bun fell 57 cents and ended at $7.65 after an exchange of 464,440 stocks, ISP Finance dropped $1.01 to finish at $22.48 after the trading of 2,201 stocks, Jetcon Corporation shed 14 cents to close at $1.05 with 28,587 units crossing the exchange. JFP Ltd rallied 6 cents to 95 cents with a transfer of 104,351 stocks, KLE Group declined 29 cents in closing at a 52 weeks’ low of $1.02 after 15,076 units passed through the market, Limners and Bards fell 17 cents to end at $1.34 with an exchange of 14,164 shares. Main Event jumped $1.91 to $12.79 with 606 stock units clearing the market, MFS Capital Partners popped 8 cents to finish at 65 cents with investors dealing in 203,900 shares and Regency Petroleum gained 9 cents to close at $2.89 in switching ownership of 2,300,566 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.