8 junior stocks rise 1 fall – Monday

C2W falls to a new low  on the JSE on Tuesday.

C2W falls to a new low on the JSE on Tuesday.

The Junior market closed on Monday with a gain of 18.26 points in the market index, to close at 2,195.14 as the market continues in consolidation mood but the majority of stocks trading gained but C2W Music closed at a new low of 20 cents. Jetcon Corporation traded nearly 16,000 units at $3.50 but the trade was cancelled as the price change was above 15 percent, with less than an hour for trading to close and allow for the price freeze to be removed so that the stock could trade for the day.
At the end of trading only 8 stocks rose up from 7 on Friday, while only 1 declined down from 3 on Friday out of 13 securities that traded. The market closed with 1,236,624 units trading, 11 percent less than on Friday, ICI Jm sum 5-09-16as the valued traded is 31 percent more than on Friday, with $8,459,914 changing hands on Monday. Trading ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
At the close, Access Financial end trading with 1,552 units at $17.50, AMG Packaging closed with a gain of 85 cents to end at $14.55, with 17,100 units changing hands, Caribbean Cream climbed 75 cents to close with 683,250 shares changing hands at $8. Caribbean Flavours traded 22,558 units to end at $7.76 with a rise of 56 cents, Caribbean Producers had just 170 units changing hands, to close at $3, Consolidated Bakeries traded 2,800 shares and gained 15 cents to close at $2.35.ICI jm trade 5-09-16 C2W Music traded 100,000 units and was down 4 cents to a new low of 20 cents, General Accident traded 18,500 units at $2.09 after rising 4 cents, Jamaican Teas ended with 1,495 shares trading with a gain of 43 cents to end at $3.63. Lasco Distributors ended with 370,871 shares changing hands at up to $6.70, after trading earlier in the day at $6.50, Lasco Financial ended with 7,000 shares changing hands at $3.53, for a rise of 3 cents. Lasco Manufacturing rose 44 cents and closed at $4.85 with 9,800 shares trading and Medical Disposables traded 1,528 shares. At $3.55.

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