Lasco Financial, accounting for 84 percent of the total volume traded. In a moderate trading session the market index recovered 22.82 points to end at 2,423.87 on Friday.
At the close the prices of 7 stocks rose and 2 declined with 12 securities trading, one less than on Thursday. The movement in the junior market index left the gain for the year to date at 35 percent.
Stocks traded fell on Friday by 70 percent from Thursday’s level and ending with 890,579 units changing hands, valued at $2,867,579, down 78 percent from $13,246,216 on Thursday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 2 ending with lower offers and one stock closed at a new all-time high.
An average of 74,215 units with an average value of $$238,965 traded, compared to 227,356 units with an average value of $1,018,940 on the preceding day. The average for December to date is 150,785 units at an average of $628,952. The average for November is 109,679 units with an average value of $607,092.
Eppley ordinary stock is yet to trade, after a split into 150 stock units for each one previously held.
In trading activity, Caribbean Cream traded just 446 units at $7.10, Caribbean Producers gained 30 cents with 500 units changing hands to end at $3.50, C2W Music rose 1 cent with 4,500 units changing hands to end at 26 cents, Dolphin Cove traded 150 shares and rose by 5 cents to end at $15.20. General Accident shed 10 cents and closed trading with 23,908 units at $2.50, Honey Bun had 4,658 shares changing hands to close at $5.83, Jamaican Teas traded 9,009 shares to close at $4.10, Jetcon Corporation traded with a gain of 50 cents to close at a new high of $5.75 with moderate volume of 7,300 shares. Key Insurance lost 5 cents in trading 63,100 shares and ended at $2.50, Lasco Distributors rose 15 cents after 7,260 shares changed hands at $6.80, Lasco Financial gained 5 cents and ended with 752,444 shares changing hands at $3.20 and Lasco Manufacturing gained 15 cents to end at $4.70 with a mere 17,304 shares changing hands.
The junior market trading was dominated by trading in the shares of 7 junior stocks rise 2 fall – Friday
December 2, 2016 by IC Insider.com
Filed Under: JSE Junior Market, Stock Market Tagged With: C2W Music, Caribbean Producers, Consolidated Bakeries, Daily Trading, Dolphin Cove, Eppley, General Accident, Honey Bun, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Key Insurance, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Trading Activity
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