Big drop for Junior Market – Tuesday

The Junior Market of the Jamaica Stock Exchange suffered a big fall at the close of trading on Tuesday with the Junior Market Index dropping 45.86 points to close at 3,119.85.
Trading ended with 26 securities changing hands compared with 25 securities on Monday leading to  the prices of 11 securities advancing, 9 declining and 6 remaining unchanged.
Market activities, resulted in an exchange of 4,616,653 units valued at $17,157,641, compared to 1,406,615 units valued at $5,000,809 trading on Monday.
Trading ended with an average of 177,564 units for an average of $659,909 in contrast to 56,265 units for an average of $200,032 on Monday. The average volume and value for the month to date amounts to 2,454,521 units valued at $7,723,173  and previously 2,584,919 units valued at $8,127,677. In contrast, December ended with an average of 136,222 units at a value of $737,367 for each security traded. 
IC bid-offer Indicator|
At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with higher bids than their last selling prices and 4 closing with lower offers.
At the close of the day’s activities, Access Financial closed 50 cents higher at $48, trading 225 shares, AMG Packaging ended at $2.50, trading 146,800 stock units, Blue Power concluded trading of 1,001,000 units for a rise of 15 cents to $5, Cargo Handlers settled 2 cents higher at $15.03, with an exchange of 200 shares. Caribbean Cream ended trading of 2,500 shares with a loss of 5 cents to close at $5.80. Caribbean Producers finished trading 2,594 units at $5.25, Derrimon Trading ended with a loss of 20 cents at $2.60, with an exchange of 189,979 shares, Dolphin Cove concluded trading 10,000 shares for 4 cents higher at $15.05, Elite Diagnostic finished 5 cents higher at $3, exchanging 7,000 stock units. Everything Fresh gained 14 cents in trading of 258,493 shares to close at $1.80, Express Catering settled with a loss of 40 cents at $7.40, with 45,270 units changing hands, Fontana lost 10 cents to close at $3.40 with 1,747,405 shares changing hands. FosRich Group ended trading at $3.76, in exchanging 52,145 shares, General Accident traded 57,077 shares and rose 25 cents to $3.75, Honey Bun closed with a loss of 7 cents at $3.75, trading 14,671 stock units. Indies Pharma lost 5 cents in ending at $2.95, with 682,906 units changing hands. Jamaican Teas finished 1 cent higher at $3.71, with an exchange 97,211 shares, Jetcon Corporation settled with a loss of 5 cents at $3.10, in trading 27,560 shares, KLE Group traded 5 cents higher at $3.10, with 95,000 units changing hands, Knutsford Express finished trading 19,903 shares with a loss of $1.30 cents at $12. Lasco Distributors closed with a loss of 7 cents at $3.73, with an exchange of 14,152 shares, Lasco Financial ended 10 cents higher at $4.60, with 49,851 shares trading, Lasco Manufacturing concluded trading of 4,541 stock units at $3.39. Main Event rose 45 cents in trading 10,218 units at $6.95, Stationery and Office ended trading at $9, as 69,852 shares changed owners and tTech finished trading at $5, with 10,100 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

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