Trading activity closed on the Jamaica Stock Exchange Junior Market Monday, with the volume of stocks traded jumping 190 percent, with the value surging 377 percent more than Friday, following trading in 43 securities, compared with 41 on Friday and ending with prices of 17 rising, 22 declining and four closing unchanged.
The market closed with trading of 15,797,464 shares for $29,523,288, compared with 5,447,885 units at $6,185,164 on Friday.
Trading averaged 367,383 shares at $686,588, compared to 132,875 stock units at $150,858 on Friday. Trading for the month to date ended with an average of 230,125 units at $390,483 compared with 222,654 shares at $374,366 on the previous day and an average of 433,821 shares at $676,565 for August.
Jamaican Teas led trading with 2.33 million shares for 14.7 percent of total volume followed by Stationery and Office Supplies which ended with 2.0 million stocks for 12.7 percent of the day’s trade, Woodcats International closed with 1.88 million stocks for 11.9 percent of the volume traded, Mailpac Group closed with 1.54 million units for 9.8 percent of the volume traded and Lumber Depot with 1.11 million units for 7 percent of market share.
At the close of trading, the Junior Market Index gained 7.04 points to conclude trading at 3,057.20. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.6. ICInsider.com computes the PE ratios, that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close, Atlantic Hardware rallied 6 cents to $1.52 and ended in an exchange of 200,238 units, Cargo Handlers popped $1.30 to $15.70 after trading of 247 stocks, Caribbean Cream declined by 68 cents to end at $2.31, with trading of 14,797 shares. Consolidated Bakeries lost 6 cents and ended at $1.39 in switching ownership of 3,000 stock units, Elite Diagnostic slipped 13 cents and ended at $1.52, with 2,861 shares changing hands, Everything Fresh fell 39 cents to finish at $1.50 with investors trading 75,304 units. Fontana rallied 10 cents to $6.35 after a transfer of 31,495 stocks, Fosrich increased 12 cents to end at $1.38, after 533,936 stock units passed through the market, Honey Bun climbed 5 cents in closing at $6.15 in an exchange of 228,613 shares. ISP Finance rose 91 cents to close at $8.51, with 250,788 units changing hands, Jetcon Corporation advanced 23 cents to finish at $4.75 in an exchange of 118,058 stocks, JFP shed 6 cents and ended at 38 cents with 403,624 stock units clearing the market.
Knutsford Express dropped 85 cents to $7.80 after an exchange of 1,775 shares, Limners and Bards dipped 8 cents to end at 97 cents with 383,948 stocks being traded, Lumber Depot rose 15 cents in closing at $2.70 with dealings in 1,108,457 stock units. Mailpac Group skidded 12 cents and ended at $2.28, with 1,541,128 units crossing the exchange, One Great Studio gained 6 cents to finish at 47 cents in trading 920,293 shares, ONE on ONE Educational popped 6 cents to close at 71 cents with 416,812 stock units crossing the market. Paramount Trading fell 8 cents to 80 cents with investors trading 111,890 units, Regency Petroleum climbed 5 cents and ended at $4.10 with an exchange of 22,303 stocks and Stationery and Office Supplies increased 11 cents to finish at $1.65 after trading of 2,001,034 shares.Prices of securities trading are those for the last transaction.