Big gain for Junior Market stocks – Friday

The Junior Market of the Jamaica Stock Exchange enjoyed a strong day on Friday, with the market index closing above the 3,000 mark for the first time since April 11, by jumping 41.02 points to 3,025.22 in trading.
Trading ended with 22 securities changing hands, leading to sharply increased trading of 4,172,346 units valued at $15,184,488, compared to a mere 485,317 units valued at $1,504,400 resulting from trading of 23 securities on Thursday. The market closed with the prices of 8 stocks advancing, 6 declining and 8 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 4 with lower offers.
Trading ended with an average of 189,652 units for an average of $690,204 in contrast to 21,101 units for an average of $65,409 on Thursday. The average volume and value for the month to date amounts to 137,077 units valued at $404,485 and previously 114,398 shares at $281,234. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, Access Financial closed at $43, with an exchange of 100 shares, AMG Packaging ended at $2, with 56,645 stock units changing hands, Cargo Handlers settled 4 cents higher at $11, while trading 3,000 shares, Caribbean Flavours traded 943 stock units $4 higher at $20.50. Caribbean Producers added 37 cents to close at $4.98, trading with 3,500 units, Derrimon Trading ended with a loss of 3 cents at $2.72, as 38,482 shares crossed the exchange, Dolphin Cove concluded trading 30,345 shares 33 cents higher at $12.05, Everything Fresh  finished with a loss of 5 cents at $1.50, with an exchange of 386,678 stock units, Elite Diagnostic exchanged 65,365 units and rose 8 cents to end at $3.05. Express Catering ended trading of 14,706 shares at $7.70, FosRich Group enjoyed a big day trading 3,048,363 shares, to close at $4, Fontana finished trading 7 cents higher at $4.10, with 82,640 shares changing hands, General Accident closed with a loss of 10 cents at $3.90, after an exchange of 130,000 stock units. Honey Bun  concluded trading of 6,590 shares and gained 25 cents to end at $4.25,  iCreate closed trading of 120,876 shares to close at 90 cents, Indies Pharma  finished with a loss of 5 cents at $3.15, with an exchange of 3,000 shares, Iron Rock  settled at $3.90, trading 256 shares. Jamaican Teas  traded 2,000 units with a loss of 5 cents at $3.90,  Lasco Distributors  closed with a loss of 8 cents at $3.80, with 163,794 units changing hands, Lasco Financial  settled 5 cents higher at $4.25, with an exchange of 2,500 shares, Medical Disposables finished trading at $7, with 6,951 stock units and Paramount Trading closed at $2.47, with an exchange of 5,612 units.

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

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