Trading jumped on the Junior Market of the Jamaica Stock Exchange on Wednesday, with the volume of stocks traded rising 61 percent and the value of trades surging 183 percent more than on Tuesday, following trading in 41 securities, down from 45 on Tuesday and ending, with prices of 18 rising, 11 declining and 12 closing unchanged.
The market closed with trading of 36,376,699 shares for $45,548,308, after sliding from 22,594,459 units at $16,078,243 on Tuesday.
Trading averaged 887,237 shares at $1,110,934, after increasing from 502,099 stock units at $357,294 on Tuesday, with the month to date, averaging 2,347,024 stock units at $2,512,940 compared to 2,463,466 stock units at $2,624,773 on the preceding day and May, with an average of 644,187 shares with an aveerage value of $540,889.
Kintyre Holdings led trading with 15.56 million shares for 42.8 percent of total volume followed by Jamaican Teas with 10.63 million stocks for 29.2 percent of the day’s trade, Dolla Financial closed with 6.15 million stock units for 16.9 percent of the volume traded, Woodcats International ended with 1.16 million shares for 3.2 percent of the overall volume traded and Fosrich with 1.05 million stocks for 2.9 percent of market share.
At the close of trading, the Junior Market Index gained 27.89 points to end trading at 2,948.02. The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.3. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, Blue Power increased by 20 cents to $4, with an exchange of 14,690 stock units, Cargo Handlers declined 30 cents and ended at $15 with 19,404 units crossing the exchange, Caribbean Flavours popped 7 cents to $1.10 after trading of 46,886 shares. Dolla Financial gained 10 cents to close at $2.50 with 6,147,361 stock units crossing the market, Dolphin Cove rose 10 cents to end at $10.10 as investors exchanged 12,991 stock units, Elite Diagnostic gained 14 cents in closing at $1.25 with 13,040 shares crossing the market. Everything Fresh rallied 6 cents to $2.16 after a transfer of 1,219 stock units, Fontana fell 25 cents to $6.45 with 73,040 stocks passing through the market, Future Energy climbed 19 cents to end at $3.61 after an exchange of 346,053 units. Indies Pharma dropped 11 cents to $2.59 with investors trading 26,615 stocks, Jamaican Teas shed 9 cents and ended at $2.11 in switching ownership of 10,634,939 units, Jetcon Corporation rose 16 cents to $2.67 with investors dealing in 52,316 shares. Knutsford Express advanced $1.30 to $8.10 with 963 stock units crossing the market,
Lasco Financial popped 19 cents in closing at $1.99 with investors swapping 205,540 shares, Limners and Bards lost 9 cents and ended at $1.06 after a transfer of 42,786 units. Lumber Depot skidded 5 cents to finish at $2.65 in an exchange of 1,005 stocks, Mailpac Group slipped 12 cents to $2.33 with 6,898 stock units changing hands, Main Event dipped 27 cents to $5.57 after an exchange of 1,762 shares. MFS Capital Partners lost 8 cents in closing at 46 cents in trading 22,376 stocks, ONE on ONE Educational increased 5 cents to 76 cents with a transfer of 7,700 units, Paramount Trading climbed 11 cents to end at $1.03 with investors swapping 26,634 stock units. Regency Petroleum rallied 14 cents to finish at $4.49 in an exchange of 34,187 shares and Stationery and Office Supplies gained 6 cents and ended at $1.59 with investors dealing in 77,186 units.
Prices of stocks trading are those for the last transaction unless otherwise stated.