Trading picked up on the Junior Market

Trading activity closed on Tuesday, with a jump in the volume and value of stocks trading on the Junior Market of the Jamaica Stock Exchange with a 149 percent surge in the volume of stocks traded and a 192 percent surge in the value compared to Monday with trading in 40 securities compared with 42 on Monday and ended with 11 rising, 16 declining and 13 closing unchanged.
Investors traded 6,118,187 shares for $16,249,732 compared with 2,456,405 units at $5,558,360 on Monday.
Trading averaged 152,955 shares at $406,243, compared with 58,486 units at $132,342 on Monday with the month to date, averaging 200,539 units at $445,744 compared with 202,969 stock units at $447,761 on the previous day. October closed with an average of 361,392 units at $863,984.
ONE on ONE Educational led trading with 1.23 million shares for 20.1 percent of total volume followed by Lasco Manufacturing with 1.22 million units for 19.9 percent of the day’s trade and Future Energy with 1.14 million units for 18.7 percent of the day’s trade.
At the close, the Junior Market Index shed 4.96 points to cease trading at 3,704.44.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial dipped $1.10 in closing at $23 in trading 6,000 stocks, Cargo Handlers lost 50 cents to close at $13.50, with 540 units crossing the market, Dolla Financial dropped 8 cents to close at $2.46 with traders dealing in 14,419 shares. EduFocal rallied 11 cents to end at $2.11 as investors exchanged 195,468 stock units, Fontana increased 19 cents and ended at $10.50, with 28,009 shares clearing the market, Honey Bun climbed 10 cents to $6.10 with an exchange of 1,155 stocks. iCreate shed 9 cents to end at 61 cents after 103,596 units passed through the market, Image Plus fell 9 cents in closing at $1.91 in an exchange of 8,390 stock units, Iron Rock Insurance skidded 60 cents and ended at $2.05 after trading 306,500 shares. Jamaican Teas declined 14 cents to close at $2.31 after a transfer of 187,281 units, Lasco Distributors lost 12 cents to end at $3.98 in switching ownership of 10,021 stocks, Limners and Bards rose 13 cents to end at $1.74, with 14,349 stock units crossing the market. Main Event skidded 98 cents in closing at $13.01 in an exchange of 40,000 shares, MFS Capital Partners gained 25 cents and ended at $2.09 with 888,888 stocks changing hands and Spur Tree Spices fell 10 cents to close at $2.10 with a transfer of 107,170 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.