A new record close for Junior market

The Junior Market of the Jamaica Stock Exchange ended trading at yet another record closing high with a big gain of 43.64 points, with an increase of 1.36 percent to 3,247.20 points on Wednesday.
Key Insurance closed trading at a 52 weeks’ high of $3.95 after rising 90 cents with 1,986 shares. Jamaican Teas was in good demand and ended as the market leader with over 500,000 shares.
By close, declining stocks outnumber advancing stocks 9 to 4 with 17 securities changing hands versus 20 on Tuesday with 1,523,004 valued at $8,929,450 versus changing hands compared to 1,591,968 units valued at $9,438,771 on Tuesday.
The Junior Market ended trading with an average of 89,588 units for an average value of $525,262 traded, compared to 348,288 units for an average value of $2,052,746 on the previous trading day. The average volume and value for the month to date are 557,888 units and $3,070,123. The average volume and value for the month to the previous trading day ended at 587,157 units and $3,229,177. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 10 stocks having bids higher than their last sale prices and none ending with a lower offer, than the last traded price.
At the close of the market on Tuesday, AMG Packaging closed at $5 with 173,191 units changing hands, Cargo Handlers traded 1,500 shares to close at $20.50, Caribbean Producers gained 5 cents to end at $3.75 with 54,114 shares trading, Consolidated Bakeries ended trading with a loss of 5 cents with 10,702 shares changing hands, to close at $2.85. General Insurance fell 10 cents and ended at $3.20 with 106,550 shares trading, Honey Bun rose 15 cents with 14,965 shares changing hands, to close at $7.55, ISP Finance lost 3 cents to end $17 with 74,496 units changing hands after trading at a 52 weeks’ intraday high of $17.51. Jamaican Teas added 3 cents trading 500,072 shares, to close at $4.75, Jetcon Corporation put on 15 cents and ended at $12.95 with 8,344 shares trading, KLE Group ended at $2.80 with 5,670 shares changing hands, Knutsford Express closed trading with 3,265 shares at $41, Lasco Distributors rose 2 cents and ended with 80,680 units trading at $7, Lasco Financial rose 29 cents and ended with 78,156 shares changing hands at $4.80, Lasco Manufacturing gained 33 cents to close at $5.59 while trading 359,883 shares, Main Event rose 11 cents trading 1,264 shares to close at $6.10 and Medical Disposables closed at $6 with 48,166 units trading.