Trading jumps on JSE Junior Market


Trading closed on the Junior Market of the Jamaica Stock Exchange on Tuesday, with a 31 percent rise in the volume of stocks traded, with a 71 percent jump in value compared to trading on Monday, following trading in 39 securities, down from 44 on Monday and ending with prices of 14 rising, 16 declining and nine closing unchanged.

The market closed with trading of 6,776,645 shares for $12,578,011, increasing from 5,185,657 units at $7,337,628 on Monday.
Trading averaged 173,760 shares at $322,513 compared to 117,856 stocks at $166,764 on Monday, with the month to date, averaging 179,487 units at $384,913, after skidding from 180,020 stock units at $390,721 on the previous day and July that ended with an average of 707,469 shares at $1,699,009.
Atlantic Hardware led trading with 2.15 million shares for 31.8 percent of total volume, followed by Dolla Financial, with 1.49 million stock units for 21.9 percent of the day’s trade and Regency Petroleum with 800,017 stocks for 11.8 percent of the volume traded.
At the close of trading, the Junior Market Index advanced by 28.58 points to close at 3,462.44. The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and nine with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, AMG Packaging slipped 27 cents to end at $2.30 with investors trading 311,068 shares, Blue Power sank 49 cents in closing at $4 with 5,044 units passing through the market, Cargo Handlers popped 6 cents to $11.34 with investors trading 1,205 stocks. Consolidated Bakeries rallied 21 cents to close at $1.49 with 150 shares crossing the exchange, Dolphin Cove rose 10 cents to finish at $14.10 with investors swapping 41,131 stock units, Elite Diagnostic advanced 9 cents and ended at $1.59 with the switching of ownership of 6,129 shares. Honey Bun shed 20 cents to $7.50 after a transfer of 895 stocks, Indies Pharma dropped 9 cents to finish at $3.26 with traders dealing in 13,924 units, KLE Group sank 9 cents and ended at 70 cents in an exchange of 18,066 stock units. Knutsford Express skidded 33 cents to end at $13.89 with investors trading 1,317 shares, Lasco Financial fell 12 cents in closing at $1.78 with 18,832 units changing hands, Main Event lost 30 cents to close at $8 with a transfer of 1,101 stock units. Paramount Trading increased 9 cents to 79 cents with investors dealing in 8,914 stock units and Regency Petroleum climbed 14 cents and ended at $4.14 with trading of 800,017 shares.

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

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