2019 Junior Market losses almost cleared

The Jamaica Stock Exchange Junior Market Index rose 38.69 points to close at 3,189.88 on Tuesday and sits just 1.8 percent below the opening level for the year and just slightly lower than the close on January 23.
Blue Power jumped to a 52 weeks’ intraday high of $10 while Elite Diagnostic traded at a 52 weeks’ high of $5.20 but pulled back to $5 at the close.
The market closed on Tuesday with 31 securities changing hands, compared to 28 on Monday, resulting in the prices of 11 rising 10 declining and 7 remaining unchanged.
Trading picked up over Monday’s levels with an exchange of 6,303,420 units valued at $17,549,511, compared to 2,560,330 units priced at $11,043,949 on Monday.
Trading ended with an average of 203,336 units at $566,113 for each security traded, in contrast to 91,440 units for an average of $394,427 on Monday. The average volume and value for the month to date amounts to 94,283 units with a value of $324,317 for each security traded, compared to 87,090 units with a value of $308,369 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks closing with bids higher than their last selling prices and one closed with a lower offer.
Stocks ending with price changes| Access Financial gained $1.45 to end at $47.95, trading 1,093 shares, Access Financial gained $47.95 to end at $1.45, trading 1,093 shares, AMG Packaging exchanged 89,626 shares to close at $2.30 after falling 13 cents, Blue Power gained $2.01 to end at record high of $10 trading 2,100 stock units. Derrimon Trading lost 37 cents trading of 4,953,267 units at $2.19, Express Catering closed trading of 82,000 units and gained 34 cents to end at $6.15, Elite Diagnostic ended market activity exchanging 23,000 shares to close at $5 after falling 15 cents, Fosrich Group climbed 4 cents and exchanged 23,155 shares at $4.72. Fontana gained $1.14 to end at $8.45 with 355,933 stock units trading, General Accident dipped 23 cents in trading of 64,972 units at $4.15, iCreate closed trading of 102,500 units and gained 6 cents to end at 66 cents, ISP Finance fell 20 cents in trading of 3,783 units to end at $13.65. Jamaican Teas lost 13 cents in trading 100 shares to close at $4.30, Jetcon Corporation exchanged 73,886 shares to close at $1.60 after falling 20 cents, Lasco Distributors dipped 18 cents in trading of 55,300 units at $3.15, Lasco Manufacturing shed 8 cents in trading of 29,235 units at $4.20. Medical Disposables closed trading of 53,095 units and gained 30 cents to end at $7. Main Event climbed 45 cents and exchanged 12,176 shares at $7, Ironrock Insurance climbed 4 cents and exchanged 500 shares at $3.57, Stationery and Office Supplies climbed 69 cents and exchanged 26,328 shares to end at $9.70 and tTech Limited ended trading of 62,382 shares, after rising 15 cents to end at $5.25.

Prices of securities trading for the day are those at which the last trade took place.

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