Another big junior market fall

Caribbean Flavours dropped $2 to end at $12.

Trading on the junior market fell off sharply on Wednesday from Tuesday’s levels, as demand declined leading to the average prices pulling back and the market index dropping 53.98 points to end at 2,990.48 points.
Market activity ended with only 15 securities trading, down from 25 on Tuesday as 7 stocks rose and 4 declined. A total of 699,545 units valued at $3,810,910 passed through the market, compared to 4,031,077 units valued at $23,768,156 on Tuesday.
The junior market ended trading with an average of 46,636 units for an average value of $254,061 traded, compared to 161,243 units for an average value of $950,726 on the previous trading day. The average volume and value for the month to date ended at 144,675 units and $1,385,643. The average volume and value for the month to date ended at 149,577 units and $1,439,528. On the immediate preceding trading day, the average volume and value for the month to date, were 149,577 units and $1,439,528. The average volume and value for February, ended at 223,938 units and $1,379,459.
Trading ended with 10 stocks had bids higher than their last sale prices and 3 ended with lower offers, than the last sale.
At the close of the market on Wednesday, AMG Packaging fell 80 cents to close at $5 with 4,331 units changing hands, CAC 2000 lost 5 cents and closed at $7.80 with 1,200 shares trading, Cargo Handlers ended trading with 800 shares at $21, Caribbean Flavours dropped $2 in trading 3,350 units to end at $12, Consolidated Bakeries ended with 22,500 shares changing hands, to close at $3. Derrimon Trading rose 28 cents and ended at $8.50 with 7,000 shares changing hands, Jamaican Teas rose 74 cents in trading 9,259 shares to close at $7.99, Jetcon Corporation gained 15 cents and closed trading with 27,870 shares being exchanged, to end at $12, Knutsford Express rose 11 cents to end at $42.11 with 424 shares changing hands, Lasco Distributors added 10 cents and ended with 50,572 units trading at $6.70, Lasco Financial regained the 50 cents lost on Tuesday, with 18,201 shares changing hands, to end at $4, Lasco Manufacturing closed with 146,851 units changing hands at $5.05, after rising 26 cents, Main Event closed at $5 with 385,051 shares changing hands, Paramount Trading had 15,136 shares changing hands, to close with a loss of 5 cents at $3.60 and tTech ended with 7,000 units changing hands at $6.27.

About IC Insider.com