Trading surges on Junior Market

Trading doubled at the close of the Junior Market of the Jamaica Stock Exchange on Monday, with a 119 percent jump in the volume of stocks traded, with a 99 percent greater value than on Friday following trading in 41 securities up from 40 on Friday and ending with prices of 14 rising, 18 declining and nine closing unchanged.
The market closed with trading of 18,591,727 shares for $31,607,835 compared with 8,495,035 stock units at $15,844,991 on Friday.
Trading averaged 453,457 shares at $770,923 compared with 212,376 units at $396,125 on Friday with a month to date average of 334,404 units at $585,837 compared to July with an average of 358,542 units at $736,760.
ONE on ONE Educational led trading with 7.38 million shares for 39.7 percent of total volume followed by Dolla Financial with 4.68 million stocks for 25.2 percent of the day’s trade and Omni Industries with 2.90 million units for 15.6 percent of the day’s trade.
At the close of trading, the Junior Market Index skidded a significant 47.20 points to close at 3,688.73.
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.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, AMG Packaging sank 5 cents to close at $2.80, with 16,054 stock units crossing the exchange, CAC 2000 climbed 30 cents to $2.28 with investors trading 698 shares, Caribbean Assurance Brokers dropped 53 cents to end at $3.31 with an exchange of 11,427 units. Caribbean Cream lost 26 cents in closing at $3.06 after 27,523 stocks passed through the market, Dolla Financial popped 19 cents to finish at $2.90 after trading of 4,680,733 units, Dolphin Cove rallied $1.60 and ended at $22.60 in an exchange of 456 shares. Elite Diagnostic rose 5 cents to $1.55 with investors swapping 22,534 stock units, Iron Rock Insurance advanced 40 cents in closing at $3 with 336 stocks crossing the market, Lumber Depot fell 5 cents and ended at $2.85 after an exchange of 161,838 units. Main Event skidded $1.38 to finish at $11.03 with investors trading 6,086 shares, Omni Industries sank 14 cents to close at a record closing low of 86 cents after a transfer of 2,904,506 stocks, with the price hitting an intraday low of 71 cents, ONE on ONE Educational slipped 5 cents to end at $1.02, with 7,379,660 stock units crossing the market. Regency Petroleum dipped 10 cents to $2.39 in an exchange of 126,603 shares and Stationery and Office Supplies shed 7 cents to finish at $1.65, with 98,509 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.