Trading surged 309 percent on the Jamaica Stock Exchange Junior Market on Friday, with a 161 percent jump in value over Thursday’s activity. The market closed with trading in 41 securities, compared with 43 on Thursday, with prices of nine rising, 22 declining and 10 closing unchanged.
The market closed with trading of 10,277,964 shares for $12,252,452, up from only 2,510,680 stock units at $4,693,116 on Thursday.
Trading averaged 250,682 shares for $298,840, well over the 58,388 stocks at $109,142 on Thursday. The average trading for the month to date, ended at 132,473 units for $190,912 compared with 103,452 units at $164,414 on the previous day and an average of 454,488 shares at $837,352 for October.
ONE on ONE Educational led trading with 3.40 million shares for 33 percent of total volume followed by Derrimon Trading ended with 2.18 million stocks for 21.2 percent of the day’s trade and One Great Studio with 1.15 million units for 11.2 percent of the day’s trade.
At the close of trading, the Junior Market Index dipped by 7.61 points to finish at 3,149.92. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.2. ICInsider.com computes the PE ratios derived by dividing the last traded stock price by earnings per share for companies with the fiscal years ending around August 2027.
At the close of the market, AMG Packaging dipped 5 cents to close at $1.70, following an exchange of 30,589 shares , Atlantic Hardware rose 15 cents and closed at $1.80 after trading of 25,966 shares, CAC 2000 fell 11 cents to finish at 90 cents with a transfer of 4,654 stocks. Caribbean Cream shed 7 cents and ended at $4.75, with 3,472 units crossing the market, Caribbean Flavours declined by 15 cents to close at $1.15, in a 31,998 stocks exchange, Consolidated Bakeries lost 5 cents, in closing at $1.43, with investors swapping 23 units. Derrimon Trading skidded by 7 cents to finish at $1, with 2,175,409 shares changing hands, Dolla Financial dropped 8 cents and ended at $3.57 in trading 392,011 stock units, Dolphin Cove dipped by 94 cents to end at $9.05 after it closed with an exchange of 15,098 shares.
Express Catering shed 13 cents to close at $2.26 in an exchange of 7,540 stocks, Fontana dropped 15 cents to finish at $6.05, with 69,250 units clearing the market, Fosrich rose 5 cents and ended at $1.40 in switching ownership of 7,387 stock units. Jetcon Corporation rallied 20 cents to close at $5.40 as investors traded 48,201 shares, Limners and Bards increased 16 cents to close at $1.28 after trading of 45,787 stocks, Lumber Depot skidded by 21 cents to end at $2.55 with an exchange of 54,763 units. Mailpac Group lost 30 cents in closing at $2.28, with 64,680 stock units crossing the market and Regency Petroleum popped 15 cents and ended at $4.30 with investors dealing in 2,051 shares.Prices of securities trading are those for the last transaction.
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