3 days listing triples the Lab’s value

Investors in the advertising agents, Limners and Bards (the Lab) saw their investment tripling, with just three days of listing on the Junior Market, helping to push the market index to a record closing high.
The Lab that went to the market at an IPO price of $1, climbed to $3 at the close of trading on Tuesday since listing on Friday.
The stock is one of 36 securities changing hands on Tuesday, just outpacing the 34 that traded on Monday, as prices of 20 securities advanced, 10 declined and 6 remained unchanged.
 At the close, the Junior Market Index surged 56.51 points to close at record closing high of 3,440.92, surpassing the 3,436.31 points reached on September 20 last year and is now up 6 percent for the year, after falling as high as 9.6 percent
Market activities resulted in an exchange of 16,230,256 units valued at $62,517,388 compared to 6,233,349 units for $30,586,927 on Monday.
Trading ended with an average of 450,840 units for an average of $1,736,594 in contrast to 183,334 units for an average of $899,616 on Monday. The average volume and value for the month to date amounts to 119,198 units with a value of $473,306 for each security traded, compared to 100,126 units with a value of $397,886 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 5 stocks closing with bids higher than their last selling prices and 3 closed with lower offers.
Stocks ending with price changes| AMG Packaging climbed 25 cents in exchanging 211,701 shares at $2.35, Blue Power closed with a loss of 20 cents at $14.20, in swapping of 97,552 shares, CAC2000 closed 95 cents higher at $15.90, with 300 stock units trading. Caribbean Cream climbed 7 cents and exchanged 10,200 shares at $5, Caribbean Flavours ended with a loss of 1 cent at 16.06 with 222 stock units changing hands, Consolidated Bakeries closed 9 cents higher at $2.09, with 82,817 stock units trading, Dolphin Cove lost 5 cents in trading of 23,890 units to close at $12. Derrimon Trading declined 10 cents in trading of 29,570 units to end at $2.60, Express Catering declined 5 cents in trading of 126,784 units at $6.25, Everything Fresh shed 10 cents in trading of 68,688 units at $1.20, Elite Diagnostic closed trading of 47,406 units and gained 25 cents to end at $5.65. Fosrich Group ended trading with 68,472 shares, after rising 26 cents to end at $4.96, Fontana ended trading with 1,382,871 shares, after rising 10 cents to end at $8.50. General Accident traded 77,987 shares, after rising 5 cents to end at $4.55, GWest Corporation gained 1 to end at $1.55, trading 4,000 shares, Honey Bun climbed 5 cents in exchanging 27,032 shares at $5.35, Indies Pharma closed 14 cents higher at $3.20, with 112,635 stock units trading. Jamaican Teas closed trading of 941,400 units and gained 25 cents to end at $5, Jetcon Corporation fell 25 cents in trading of 33,752 units at $1.70, Knutsford Express lost 2 cents in trading of 12,000 units at $10.98, Lasco Financial ended trading with 1,427,673 shares, after rising 1 cent to end at $4.60. Lasco Manufacturing ended trading 133,549 shares, after rising 15 cents to end at $4.35, Limners and Bards closed 85 cents higher at $3, with 9,233,651 stock units trading, Medical Disposables ended trading of 11,800 shares, after rising 50 cents to end at $7.50, Main Event lost 35 cents in trading of 5,000 units at $7. Paramount Trading closed trading of 1,000 units and gained 10 cents to end at $2.40, Iron Rock Insurance closed trading of 7,046 units and gained 20 cents to end at $4.10. Stationery and Office Supplies declined 80 cents to settle at $11.40 after trading 5,000 shares, Sweet River ended trading with 4,000 shares, after rising 19 cents to end at $2.75, tTech ended trading of 19,690 shares, after rising 70 cents to end at $5.90.

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

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