Trading on the Junior Market of the Jamaica Stock Exchange ended on Wednesday with 20 securities changing hands, but with vastly lower volume and value of units than on Tuesday.
At the close of market activity 814,637 units valued at $3,966,483 traded compared to 2,385,216 units valued at $10,632,095 on Tuesday.
At the close of market activities the Junior Market Index declined by 14.78 points to close at 3,029.69 as the prices of 4 advanced, 9 declined and 7 closed with the prices unchanged.
Trading ended with an average of 40,732 units for an average of $198,324 in contrast to 108,419 units for an average of $483,277 on Tuesday. The average volume and value for the month to date amounts to 155,032 units valued at $669,622 compared to 169,320 units valued at $728,534 previously. In contrast, August closed with average of 234,437 units valued at $1,295,260 for each security traded. Trading ended with the market sentiments significantly improved for Thursday’s trading activity as 6 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
At the close of the market the volume of stocks changing hands and their last traded price are: Access Financial trading 2,429 shares at a loss of 50 cents to $46.50, AMG Packaging concluded trading with a loss of 34 cents at $3.14, with 6,000 shares, Caribbean Cream concluded trading 20 cents higher at $6.35, with 17,816 stocks changing hands, Caribbean Producers finished at $3.75, with 25,000 shares, Dolphin Cove lost $3.80 to end at $13.20, with 7,277 stock units, Derrimon Trading finished with a loss of $1.05 at $7, with 4,500 units, Express Catering finished at $4.60, with 27,947 stocks trading, General Accident closed with a loss of 4 cents at $2.80, with 34,950 shares, Honey Bun closed at $4.50, with 3,483 units, ISP Finance concluded trading with a loss of 5 cents at $19.95, with 2,916 stock units, Jamaican Teas finished at $4, with 204,059 shares, Jetcon Corporation concluded trading 1 cent higher at $4.39, with 35,309 shares, Key Insurance settled at $4, with 25,621 stocks, Knutsford Express traded at $15, with 5,258 stock units, Lasco Distributors ended with a loss of 1 cent at $6.79, with 700 units, Lasco Financial finished with a loss of 5 cents at $4, with 7,403 stocks changing hands, Lasco Manufacturing settled with a loss of 8 cents at $4, with 36,978 shares, Main Event jumped 94 cents higher to $5.50, with 359,831 stocks after the company reported strong increase in profits for the nine months to July of $101 million versus $60 million in 2016. Paramount Trading finished at $2.90, with 1,770 units and Stationery and Office concluded trading 30 cents higher at $4.80, with 5,390 shares.
9 stocks fall 4 rise on Junior Market
September 13, 2017 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market Tagged With: Access Financial, AMG Packaging, Caribbean Flavours, Caribbean Producers, Daily Trading, Derrimon Trading, Dolphin Cove, Emerging markets, Express Catering, Honey Bun, Iron Rock, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Stationery and Office, Trading Activity
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