Winning stocks outnumbered decliners 2 to 1 at the close of the Junior Market of the Jamaica Stock Exchange Friday, after a 6 percent rise in the volume of stocks traded, at a 17 percent lower value than on Thursday, following trading in 46 securities on both days and ending with prices of 21 rising, 11 declining and 14 closing unchanged.
The market closed with trading of 6,792,598 shares worth $8,087,536, up from 6,378,257 stock units at $9,740,845 on Thursday.
Trading averaged 147,665 shares at $175,816 compared with 138,658 stocks with a value of $211,757 on Thursday, with the month to date, ending with an average of 168,763 units at $446,856, down slightly from 170,179 shares at $465,057 on the previous day and March with an average of 307,021 stock units at $759,432.
Kintyre Holdings led trading with 2.28 million shares for 33.6 percent of total volume, followed by ONE on ONE Educational which ended with 1.02 million units for 15 percent of the day’s trade and RA Williams with 642,818 stocks for 9.5 percent of the volume traded.
At the close of trading, the Junior Market Index rallied 8.37 points to end at 3,432.87. The Investor’s Choice bid-offer indicator shows just one stock ended with a bid higher than the last selling price and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of a moderate trading session, AMG Packaging sank 34 cents to $2.50 with 115,555 shares crossing the market, Blue Power lost 9 cents and ended at $4.50 after an exchange of 10,563 stocks, Cargo Handlers rose 72 cents to end at $11.22 with a transfer of 582 units. Caribbean Assurance added 33 cents in closing at $2.73 with investors swapping 6,219 shares, Caribbean Flavours rose 6 cents to close at $1.23 in an exchange of 3,724 stock units, Dolphin Cove rallied $1.29 to finish at $12.43 with traders dealing in 68,366 shares. Elite Diagnostic slipped 15 cents to $1.35 in an exchange of 834 units, Fontana sank 28 cents in closing at $9.71 with investors trading 55,860 stocks, Future Energy increased 5 cents to close at $3.14 in switching ownership of 69,189 stock units. Indies Pharma climbed 18 cents to end at $3.68 with 55,951 shares crossing the market, ISP Finance advanced $1.32 to finish at $12.32 in trading 3,163 units, Jamaican Teas popped 8 cents and ended at $2.40, with 5,625 stocks changing hands. Knutsford Express dropped 32 cents to $12.17 with an exchange of 30,690 units, Lasco Financial rallied 6 cents to finish at $1.69 after closing with 23,473 shares changing hands, Limners and Bards increased 5 cents and ended at $1.16 with investors dealing in 17,180 stocks. Lumber Depot fell 7 cents in closing at $2.82 with 9,770 units clearing the market, Mailpac Group climbed 5 cents to close at $2.45 with investors trading 54,537 stock units, Spur Tree Spices rose 5 cents to end at $1.27 with an exchange of 109,090 shares and Stationery and Office Supplies gained 5 cents to close at $1.50 after investors ended trading 298,942 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.