6 junior stocks rise 1 falls – Monday

JM sign Trading closed on the junior market with the number of advancing stocks out pacing decliners by a wide margin while the market index advanced by just 6.20 points to 2,436.40, up 36 percent year to date.
Trading volume inched up by just 1 percent from Friday’s levels, ending with 875,913 units changing hands, while value traded, fell 10 percent to $3,582,950 from $3,986,807 on Friday.
An average of 72,993 units with an average value of $298,579 traded, compared to 57,674 units with an average value of $265,787 on the preceding trading day. An average for the month to date of 129,138 units at $709,705 traded.
ICI Jm sum 31-10-16At the close of the market on 12 securities traded, versus 15 on Friday resulting in 6 stocks advancing and 1 declining.
Market activities ended with 12 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
CAC 2000 that faces a big legal they lost their appeal against a claim for damages closed without trading with an offer of $5.50 and the highest bid at $5.45 versus the last traded price of $6.30.
In trading activity, Access Financial Services gained 50 cents while trading 100 shares to close at $21, Caribbean Producers closed trading with 304 units at $3.65, General Accident Insurance rose 5 cents in trading 661,993 shares at $3. Honey Bun with 400 shares changing hands, gained 10 cents and closed at $6.10, ICI Jm trd sht 31-10-16Jamaican Teas traded 52,781 shares to close at $4, Jetcon Corporation lost 1 cent and ended with 5,000 shares trading at $4.01, Knutsford Express traded 1,100 shares in closing at $22.50, Lasco Distributors traded 33,953 units and gained 15 cents to close at $7. Lasco Financial rose 14 cents and ended with 2,250 shares changing hands at $3.24, Lasco Manufacturing closed at $5 with 87,876 shares but traded as high as $5.20 during the day, Paramount Trading closed at $24 with 25,856 shares changing hands and tTech rose 5 cents and closed with 4,300 units trading at $5.

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