Another record close for juniors – Wednesday
October 5, 2016 by IC Insider.com
Trading volume rose strongly from Tuesday’s levels, ending with 1,995,508 units changing hands, 402 percent higher than on Tuesday, while value traded jumped 659 percent to $10,428,547 from $1,373,477, on Tuesday.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
In market activity Cargo Handlers stock has not traded since it closed at $86.10 on September 12, the market closed today with the bid at $87 to buy 393 units, a total of 45,551 units were offered for sale at $90, the will be split 10 for 1 stock, effective from the close of business on October 21.
In trading activity, AMG Packaging closed with a fall of 45 cents at $17.55 with 615 units changing hands, Caribbean Cream gained 70 cents with 541,070 shares changing hands to end at a 52 weeks’ closing high of $10, Caribbean Producers gained 20 cents in trading 435,000 units to end at $3.50. Dolphin Cove gained 50 cents to end at $13 after trading 100 shares, General Accident Insurance rose 1 cent with 139,954 units changing hands at $2.65, Honey Bun traded 7,386 shares at $6.10, Iron Rock Insurance traded 313,700 shares and gained 5 cents to end at $3.35, Jamaican Teas lost 4 cents in trading 2,000 shares to close at $4. Jetcon Corporation traded 108,111 shares and gained 8 cents to close at $4.59, Key Insurance closed down to end at a 52 weeks’ low of $2.25 with 27,266 units, for a loss of 5 cents, KLE Group ended at $2.05 with 3,760 shares changing. Lasco Distributors closed with rise of 45 cents as 41,072 units traded at $7.50, Lasco Financial ended with 72,300 shares changing hands at $3.35, after rising 5 cents, Lasco Manufacturing closed at $5.10 with 60,135 shares trading to gain 5 cents. Medical Disposables traded 22,991 shares and gained 6 cents to close at $4.42, tTech climbed 28 cents and ended with 8,548 shares changing hands at $5.58 and Derrimon Trading preference share fell 10 cents and ended with 211,500 units changing hands at $2.10.
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Cargo Handlers, Caribbean Producers, Daily Trading, Derrimon Trading, Dolphin Cove, General Accident, Honey Bun, Iron Rock Insurance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Key Insurance, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, Trading Activity, tTech
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