Trading tops $1B on Junior Market


A block of nearly 120 million shares in the name of Anthony Mark Hart, with a value of $1.066 billion, passed through the Junior Market of the Jamaica Stock Exchange on Monday, with trading volume jumping 1,959 percent, with values surging 8,009 percent above Friday’s trades following an exchange of 42 securities compared with 41 on Friday. The market closed with trading of 121,800,246 shares for $1,116,355,270, surging from only 5,915,476 units at $13,767,043 on Friday, with prices of 11 stocks advancing, 18 declining and 13 closing unchanged.

The market closed, with an average of 2,900,006 shares at $26,579,887, well above 144,280 stock units at $335,782 on Friday. Trading for the month to date averaged 1,375,947 units at $3,370,322, rising from 1,204,337 stock units at $756,913 on the previous day and June with an average of 186,843 shares at $332,162.
Cargo Handlers led trading with 112.99 million shares worth 92.8 percent of total volume followed by Regency Petroleum with 3.26 million stocks for 2.7 percent of the day’s trade, One Great Studio closed with 1.44 million stock units for 1.2 percent of the volume traded and Jetcon Corporation with 1.01 million shares for 0.8 percent of market trade.
At the close of trading, the Junior Market Index dropped 13.02 points to wrap up trading at 3,390.04. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading, Access Financial rose 79 cents to close at $19.99 with a transfer of 794 shares, AMG Packaging declined 5 cents to $2.30 with 6,269 stock units passing through the market, Blue Power sank 53 cents and ended at $4.31 with investors swapping 1,516 shares. Caribbean Cream fell 7 cents to end at $2.20 with an exchange of 946 stocks, Consolidated Bakeries rallied 8 cents in closing at $1.65 with 15,568 units crossing the market, Dolphin Cove sank 66 cents to finish at $13.69 with traders dealing in 1,936 stocks. Fontana dipped 13 cents to $8.90 after investors transferred 17,035 units, Future Energy lost 5 cents in closing at a 52 week low $2.80 in trading 354,096 shares, GWest Corporation shed 10 cents to close at 80 cents with 172,736 stock units crossing the exchange. Indies Pharma dropped 18 cents to finish at $3.40 with investors trading 117,217 shares, ISP Finance slipped 90 cents and ended at $14 with 79 units changing hands, Jetcon Corporation skidded 6 cents to end at $2.05, in trading 1,007,615 stocks, with the bulk of trading at $1.69. Knutsford Express lost $1 in closing at $11.50 as investors exchanged 53,723 stock units, Limners and Bards popped 7 cents to $1.17 clearing the market with 10,386 shares, MFS Capital Partners gained 5 cents to close at 43 cents with investors trading 8,595 stocks and Regency Petroleum dipped 39 cents to end at $3.65 after an exchange of 3,260,912 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com