Big fall for juniors on Friday

Dolphin Cove dropped $3.85 on Friday to end at $16.15.

The junior market lost 42.53 points at the close on Friday according to the report From Jamaica Stock Exchange. The exchange report omitted trading data for Main Event and when included could result in a higher decline in the junior market index which is reported to have closed at 3,120.22.
Trading concluded with 18 securities changed hands, of 8 advanced and 8 declined, while 3 stocks closed at new 52 weeks’ high.
Trading ended with 1,700,678 units valued at over $11,745,304 passing through the market, compared to 946,475 units valued at over $5,488,079 on Thursday. At the close 5 stocks had bids higher than their last sale prices and 4 ended with lower offers, than the last sale.
The junior market ended trading with an average of 94,482 units for an average value of $652,517 traded, compared to of 52,582 units for an average value of $304,893 on the previous trading day. The average volume and value for the month to date ended at 238,297 units and $1,465,313 compared to 246,757 units and $1,513,124 to the previous day. The average volume and value for January, ended at 165,547 units and $884,749.
At the close of trading, CAC 2000 lost 40 cents and closed at $7.10 with 160,000 units changing hands, Cargo Handlers traded 1,000 shares and gained $1 to end at $25, Caribbean Cream closed trading with 13,060 units at $8.01, after slipping by 38 cents. Caribbean Producers fell 27 cents in trading 10,000 units $4.30, Consolidated Bakeries lost 39 cents in trading 39,860 shares to close at $3.70, Investors chopped $3.85 off the price of Dolphin Cove that closed trading with 12,435 shares, to end at $16.15. General Accident closed with 32,590 shares while falling 20 cents to end at $3.30, Honey Bun had 21,059 shares changing hands, to end at $7.95, ISP Finance lost $1 while trading 514,500 shares to end at $9, Jamaican Teas gained 95 cents in trading 11,284 shares to close at $9. Jetcon Corporation closed trading with 38,522 shares being exchanged, to end at $11.50, Knutsford Express gained 6 cents and ended trading 5,000 units, to close at a 52 weeks’ high of $35.06, Lasco Distributors ended with 120,070 units trading with a rise of 25 cents at $7. Lasco Financial traded 65,122 shares changing hands, to end with a rise of 22 cents at $4.62, Lasco Manufacturing rose 10 cents and closed with 357,945 units changing hands at $4.95, Main Event had 263,064 shares changing hands, to close at $4.71. Medical Disposables fell by $1 to close at $6 with 31,889 shares changing hands, Paramount Trading rose 9 cents and ended with 500 shares changing hands at $3.79 and tTech rose just 9 cents and closed trading with 2,778 units changing hands at $7.70.

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