The Junior Market of the Jamaica Stock Exchange fell back 22.31 points from Friday’s record close to end at of 3,278.60 in another moderate trading session
with less than 700,000 shares being exchanged.
At the close of the market, the number of securities trading, pulled back to 20 versus 24 on Friday with 8 securities advancing and 4 declining. Overall, 671,454 units valued at $5,978,378 changed hands, compared to 870,178 units valued at $10,671,122 on Friday. Trading ended with 7 stocks having bids higher than their last sale prices and 4 with lower offers. Two stocks ended trading at new closing highs.
The Junior Market ended trading with an average of 33,573 units for an average value of $298,919 traded, compared to 36,257 units for an average value of $444,630 on the previous trading day. The average volume and value for the month to date are 77,936 units and $594,153 while at the close of the prior day it was 86,809 units and $653,199. The average volume and value for April ended at 502,597 units and $2,768,003.
At the close of the market, Access Financial Services closed at $47 in trading 8,000 shares, AMG Packaging closed at $5 with 12,958 units changing hands, Blue Power climbed $2 and closed at $39 with 200 shares trading,Cargo Handlers clawed back 50 cents in trading 120,000 shares at $20.60, Caribbean Cream closed trading with 83,828 units at $7.50. Consolidated Bakeries rose 2 cents in trading 9,473 shares to close at $3, General Accident closed trading with 17,100 shares at $3.15, Honey Bun rose 10 cents with 23,924 shares changing hands, to close at $7.90, ISP Finance climbed $1.50 to end at a record high of $20 with 4,000 units changing hands after the price hit an intraday high of $24. Jamaican Teastraded 203,560 shares, to close at $4.75,
Jetcon Corporation jumped $1.75 and ended at $15 with 3,849 shares trading Knutsford Express traded 1,050 shares at $51, the bid on the stock closed at $53. Lasco Distributors ended with 2,644 units trading with a gain of 15 cents at $7.45, Lasco Financial fell 45 cents and ended with 7,562 shares changing hands at $4.10, Lasco Manufacturing dropped 52 cents and closed at $5.10 while trading 33,874 shares, Main Event rose 35 cents and ended trading of 114,129 shares at all-time closing high of $7.10, Paramount Trading ended with 15,787 shares changing hands and fell 38 cents to $3.05, tTech lost 50 cents and ended with 2,000 units changing hands at $7 and Eppley 9.5% preference share, traded 850 units to end at $6.15.
22 points from record Junior close
May 8, 2017 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Cargo Handlers, Consolidated Bakeries, Daily Trading, Dolphin Cove, Emerging stock market, Eppley, Honey Bun, ISP Finance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Paramount Trading, Trading Activity, tTech
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