Volume traded on the Junior Market rose on Friday with 7 million units of Jamaican Teas changing ownership, as a connected party sold off some of their holdings. At the close 8,427,903 units valued at $36,346,358 traded in the overall market, compared with the 820,866 units valued at $4,017,595 passing on Thursday.
Trading ended with 21 securities versus 16 on Thursday leading to just 4 stocks rising and 11 declining.. The market index shot 26.38 points to end at 3,210.24.
The market closed with 4 stocks having bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 401,329 units for an average value of $1,730,779 compared to of 51,304 units for an average value of $251,100 on the previous trading day. The average volume and value for the month to date is 481,066 units valued at $2,102,149 compared with 486,049 units valued at $2,125,360, previously, in contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, stocks trading and their last traded price are: Blue Power fell $5 and closed at $50 with 3,537 units changing hands, CAC 2000 rose 50 cents and closed at $8 with a mere 100 shares trading, Cargo Handlers traded 3,665 shares at $16, Caribbean Cream lost 15 cents in trading 7,000 units to end at $7.25, Caribbean Producers lost 10 cents in trading 431,702 units to end at $3.30. Dolphin Cove gained 90 cents to end at $20 with 242 shares trading, Eppley had 8,835 units changing hands to close of $12. General Accident had 502,293 units changing hands to close at $3 after climbing 30 cents. ISP Finance ended at $24 with 1,434 units changing hands Jamaican Teas traded 7,003,641 shares but lost 45 cents to end at $4.30, Jetcon Corporation fell 49 cents and ended at $5.90 with 286,000 shares trading,
Knutsford Express traded 14,287 shares but fell 10 cents to end at $15.90, Lasco Distributors ended at $7, trading 81,100 units, Lasco Financial fell 1 cent with 5,000 shares changing hands to end at $3.80, Lasco Manufacturing ended with 500 shares trading and closed at $4.90 after rising 20 cents. Main Event shed 45 cents and ended trading 29,044 shares at $6, Medical Disposables lost 50 cents and ended at $5.50 with 12,484 units trading, Paramount Trading lost 15 cents and ended with 31,206 shares changing hands at $2.70, Sweet River fell 31 cents, ended with 5,506 units changing hands at $3.55 and tTech ended with 227 units changing hands to end at $8 and Eppley 10% preference share, ended with 100 units changing hands at $6.60.
4 Junior Market stocks up 11 down – Friday
June 23, 2017 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: CAC 2000, Cargo Handlers, Caribbean Producers, 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, Medical Disposables, Paramount Trading, Sweet River, Trading Activity, tTech
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