Trading surged on the Junior Market of the Jamaica Stock Exchange on Friday, with a 42 percent rise in the volume of stocks traded, with a 109 percent greater value than on Thursday, resulting from trading in 42 securities compared with 40 on Thursday and ending with prices of 15 rising, 20 declining and seven closing unchanged.
The market closed with trading of 28,719,582 shares for $72,682,367, up from 20,230,933 stock units at $34,706,309 on Thursday.
Trading averaged 683,800 shares at $1,730,533, well above 505,773 stocks at $867,658 on Thursday. Trading month to date averages 236,241 units at $494,923, up from 210,907 stock units at $424,983 on the previous day and July, with an average of 707,469 shares worth $1,699,009.
ONE on ONE Educational led trading with 7.0 million shares for 24.4 percent of total volume followed by Medical Disposables which ended with 5.0 million stocks for 17.4 percent of the day’s trade, Derrimon Trading closed with 4.66 million stocks for 16.2 percent of the volume traded, Honey Bun chipped in with 3.61 million units for 12.6 percent of the day’s volume, Regency Petroleum ended with 1.39 million units for 4.8 percent of stocks traded and Dolla Financial with 1.35 million units for 4.7 percent of market share.
At the close of trading, the Junior Market Index advanced 12.46 points to 3,406.80. The Investor’s Choice bid-offer indicator shows 26 stocks ending with bids higher than their last selling prices and none 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, Caribbean Assurance Brokers rose 18 cents to end at $1.93, after an exchange of 3,030 shares, Caribbean Cream fell 9 cents to $2.21 after an exchange of 5,603 stocks, Derrimon Trading climbed 8 cents to close at $1.88 in trading of 4,658,824 shares. Dolphin Cove shed 52 cents to finish at $13.50 after an exchange of 23,139 units, Future Energy increased 12 cents and ended at $3.20 with investors swapping 464,684 stock units, GWest Corporation lost 9 cents in closing at 75 cents, with 57,148 shares crossing the market. Honey Bun popped 20 cents to $7.70 with investors dealing in 3,613,915 units, Image Plus advanced 7 cents to close at $1.06 with 20,000 stocks clearing the market, Jetcon Corporation fell 34 cents to end at $1.50 with a transfer of 101,689 stock units. JFP declined 9 cents in closing at 54 cents after 232,903 shares passed through the exchange. Knutsford Express rallied 29 cents and ended at $14.26 in switching ownership of 75,368 units, Lasco Financial gained 18 cents to finish at $1.95 with investors trading 53,438 stocks. Limners and Bards rose 22 cents and ended at $1.12 in an exchange of 8,191 stock units, Lumber Depot sank 9 cents to $2.61 with traders dealing in 15,278 shares, Mailpac Group climbed 9 cents to close at $2.59 after a transfer of 1,289,686 stocks. Medical Disposables skidded 48 cents to finish at $1.32 in trading 4,999,626 units, Regency Petroleum increased 20 cents to end at $4.50, with 1,388,178 stock units crossing the market and Spur Tree Spices dipped 10 cents in closing at $1.10 with an exchange of 160,586 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
