Trading gains for Junior Market


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with a 32 percent rise in the volume of stocks traded, with a 7 percent climb in value over Monday following trading in 43 securities down from 48 on Monday and ending with prices of 15 rising, 18 declining and 10 closing unchanged.

The market closed with trading of 7,274,557 shares for $11,419,273 up from 5,503,198 units at $10,659,278 on Monday. Trading averaged 169,176 stock units at $265,564 compared with 114,650 shares for $222,068 on Monday with the month to date, averaging 137,454 stock units at $234,758 compared with 121,954 shares at $219,704 on the previous day and October with an average of 196,034 shares at $399,810.

Image Plus led trading with 3.20 million shares for 44 percent of total volume followed by MFS Capital Partners with 1.44 million units for 19.8 percent of the day’s trade and Everything Fresh with 821,345 stock units for 11.3 percent market share.
At the close of trading, the Junior Market Index rallied 10.80 points to wrap up trading at 3,816.23. The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading on a stormy day, Access Financial rose 9 cents to close at $20.09 with an exchange of 12,032 stocks, Blue Power shed 40 cents to end at $4 with 1,947 units crossing the market, Cargo Handlers rallied $2.19 to end at $12.40 with investors swapping 726 shares. Caribbean Flavours dropped 23 cents in closing at $1.23 after an exchange of 265,770 stock units, Dolphin Cove popped 58 cents and ended at $20.48, with 17,612 shares crossing the market, Everything Fresh fell 30 cents to finish at $2.10 as investors exchanged 821,345 stocks. Fontana gained 7 cents to close at $8.07 with a transfer of 38,684 units, Image Plus dipped 7 cents to finish at $1.59 with investors dealing in 3,197,999 stock units, Jetcon Corporation climbed 17 cents and ended at a 52 weeks; high of $1.35 with 7,500 shares crossing the exchange. JFP Ltd sank 9 cents in closing at $1 in switching ownership of 273,160 stock units, Knutsford Express declined 55 cents to close at $12 after 914 stocks passed through the market, Lumber Depot increased 9 cents to end at $2.79 in trading 4,738 units. MFS Capital Partners advanced 10 cents to 70 cents with 1,443,520 stocks changing hands and Spur Tree Spices rose 12 cents in closing at $1.95 with an exchange of 48,980 units.

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

About IC Insider.com