Trading activity jumped on the Junior Market of the Jamaica Stock Exchange Monday, with a 109 percent rise in the volume of stocks traded, value 245 percent more than Friday following trading in 46 securities compared with 47 on Friday and ending with prices of 18 rising, 14 declining and 14 closing unchanged.
The market closed with trading of 12,112,942 shares for $27,337,385 solidly up from just 5,786,896 units at $7,913,746 on Friday.
Trading averaged 263,325 shares at $594,291 up robustly from 123,125 stock units at $168,378 on Friday with the month to date, averaging 794,636 units at $1,132,928 down from 900,898 stocks at $1,240,655 on the previous day and well above August with an average of 389,714 units at $570,529.
Future Energy led trading with 4.70 million shares for 38.8 percent of total volume followed by RA Williams with 3.03 million units for 25.1 percent of the day’s trade and JFP Ltd with 903,993 stock units for 7.5 percent market share.
At the close of trading, the Junior Market Index advanced by just 2.50 points to end trading at 3,665.51.
The Junior Market finished 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.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of trading, Access Financial slipped 8 cents to close at $18.95, with 3,875 shares changing hands, Cargo Handlers advanced $2.92 to $12 with an exchange of 100 stock units, Caribbean Assurance Brokers rose 10 cents to end at $3.20 with 29,941 shares crossing the market. Dolphin Cove fell 24 cents in closing at $22.50 after a transfer of 7,596 stock units, Everything Fresh climbed 21 cents and ended at $2.17 with a mere 2 shares crossing the exchange,
Indies Pharma rallied 14 cents to finish at $2.80 with investors trading 196,742 stocks. Iron Rock Insurance popped 49 cents and ended at a 52 weeks’ high of $3.49 with a transfer of 233,000 stocks, JFP Ltd slipped 10 cents to 87 cents after 903,993 stock units passed through the market, Main Event rallied $1.60 to finish at $11.81 with investors trading 5,971 shares. Paramount Trading gained 23 cents to close at $1.38 with 20,001 stock units crossing the market and RA Williams rose 9 cents to end at 98 cents, the highest it traded at since listing as investor traded 3,034,856 units of the stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
