A 41 percent rise in the volume of stocks traded, with a moderate increase in value compared to Tuesday, was the highlight in trading on the Junior Market of the Jamaica Stock Exchange on Wednesday. Trading ended with an exchange of only 35 securities, down from 46 on Monday, resulting in prices of only 8 rising, 17 declining and 10 closing unchanged.
The market closed with trading of 8,628,228 shares for $7,030,247 compared with 6,126,623 units at $6,907,098 on Tuesday.
Trading averaged 246,521 shares at $200,864, up from 133,187 stocks at $150,154 on Tuesday with the month to date, averaging 116,645 units at $208,136, up from 105,848 shares at $208,741 on the prior day and September that averaged 154,641 shares at $329,246.
JFP led trading with 5.01 million shares for 58 percent of total volume, followed by Kintyre Holdings, with 1.71 million units for 19.8 percent of the day’s trade and Paramount Trading with 965,513 stocks for 11.2 percent of the volume traded.
At the close of trading, the Junior Market Index increased 6.96 points to settle at 3,361.97. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average P/E Ratio of 12.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, Access Financial popped $1.34 to finish at $19.27 after a transfer of 18 shares, AMG Packaging climbed 16 cents to $2.39 with investors swapping 2,733 stock units, Dolla Financial fell 8 cents in closing at $2.37 after an exchange of 100,162 shares. Dolphin Cove shed 30 cents to end at $13.50, after trading of 33,422 units, Fosrich sank 8 cents to finish at $2.17 in an exchange of 141,311 stocks, ISP Finance lost $1.89 and ended at $11.30, with 6,428 units changing hands. Jamaican Teas skidded 13 cents to $2.20 following an exchange of 99,316 shares, JFP increased 9 cents to end at 69 cents with investors trading 5,008,169 stocks, Kintyre Holdings sank 6 cents to close at 30 cents after an exchange of 1,707,016 shares. Knutsford Express slipped 46 cents to close at $12.52, with 99 shares clearing the market, Mailpac Group declined 8 cents to finish at $2.40 in switching ownership of 7,207 units, Main Event dropped 39 cents and ended at $7, with 3,516 stocks crossing the market. Paramount Trading rose 15 cents to $1.02 as investors exchanged 965,513 stock units, Regency Petroleum dipped 11 cents to close at $4.53 with an exchange of 2,500 shares and Spur Tree Spices fell 5 cents to end at $1.09 with investors dealing in 46,877 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise