Blue Power jumps $12 – Thursday

Blue Power in big $12 jump.

Blue Power stock price jumped $12 to $42 on the Junior Market of the Jamaica Stock Exchange on Thursday following the announcement that the directors will be discussing a possible stock split at a meeting in July.
Other movement of note was the trading of just under 13 million shares of Lasco Manufacturing and leading to overall exchange of 13,450,013 units valued at $56,708,412 compared to 1,463,979 units valued at $7,919,572. on Wednesday.
At the close of market activities, the prices of 12 securities advanced, 5 declined and 2 remained unchanged as 20 securities traded compared to 24 on Wednesday. The Junior Market Index advanced by 23.93 points to 3,028.37.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than their last selling prices and 2 with lower offers.
Trading ended with an average of 707,895 units for an average of $2,984,653 in contrast to 60,999 units for an average of $329,982 on Wednesday. The average volume and value for the month to date, amounts to 162,661 units valued at $812,413 and previously 166,085 units valued at $682,228. May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, AMG Packaging ended with a loss of 10 cents at $2.10, with 6,370 stock units, Blue Power jumped $12 to close $42, with 27,417 units trading, Caribbean Producers finished trading with a loss of 5 cents to end at $5.20, with 17,922 units, Consolidated Bakeries declined by 7 cents to $2, with 29,835 shares, Elite Diagnostic settled 4 cents higher at $3.10, with 21,926 units. Express Catering traded with a loss of 84 cents at $7.16, with 33,100 shares, FosRich Group finished trading 15 cents higher at $2.95, with 35,010 shares, General Accident closed 30 cents higher at $3, with 500 stock units, GWest Corporation ended 20 cents higher at $2.50, with 16,272 units. Honey Bun concluded trading after gaining 2 cents to $5.02, with 8,892 shares, Iron Rock finished at $2.95, with 10,000 shares, Jetcon Corporation added 2 cents to close at $4.05, with 659 units, Lasco Distributors concluded trading 5 cents higher at $4.15, with 243,625 stock units. Lasco Financial rose 1 cent to $5, with 5,000 units, Lasco Manufacturing closed after rising 10 cents to end at $4.20, with 12,911,850 shares, Main Event ended trading $1 higher at $7, with 31,441 shares, Stationery and Office closed with a loss of 40 cents at $7.60, with 41,094 units and tTech concluded trading 70 cents higher at $6, with 3,100 shares. In the junior market preference segment, Eppley 9% finished $6 higher at $6, with 6,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

About IC