Shares of Atlantic Hardware and Plumbing were listed on the Junior Market of the Jamaica Stock Exchange on Friday, with trading in 1,024,225 between $1.10 and a low of 83 cents when trading in the stock was halted for breaching the exchange circuit breaker rule, with the price having dropped 17 percent to 83 cents from the $1 IPO price.
At the halting of trading in the stock, ahead of the suspension just after 10 this morning, only one share was traded at 83 cents and 2,050 above $1 at the start. Demand for the stock was slow and selling lukewarm, with 1.409 million shares on offer for sale.
Trading will resume three minutes after 11 this morning. Atlantic brings listing back to 48, following the delisting of tTech recently.