Bounce for Junior Market – Wednesday

The Jamaica Stock Exchange Junior Market bounced 33.01 points to 3,378.55 on Wednesday with 12 securities gaining, 8 falling and 10 remaining unchanged as the market claws back portion of the near 69 points drop on Tuesday.
At the close, 30 securities changed hands, resulting in an exchange of 1,445,986 units for $5,737,818 changing hands, compared to 1,065,015 units valued at $6,766,034 from 27 securities trading on Tuesday.
Trading ended with an average of 48,200 units for an average of $191,261 in contrast to 39,445 units for an average of $250,594 on Tuesday. The average volume and value for the month to date amounts to 79,883 shares at $401,085 and previously 91,914 shares at $480,765, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security changing hands.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial gained $1.45 to end at $34 with 1,596 stock units trading, AMG Packaging declined 15 cents in trading 2,620 units at $1.90, Blue Power climbed 78 cents and exchanged 3,100 shares at $7.88, Cargo Handlers traded 393 shares after rising 50 cents to end at $10.50. Caribbean Producers lost 5 cents, with 39,963 units crossing the exchange to close at $4.75. Derrimon Trading exchanged 192,883 units and gained 10 cents to end at $2.55, Elite Diagnostic climbed 20 cents as it 9,545 shares changed hands at $5.70, Everything Fresh ended market activity exchanging 6,533 shares to close at $1.15 after falling 5 cents, Fosrich climbed 8 cents and traded 14,100 shares at $4.78. Iron Rock Insurance gained 40 cents to close at $4, in 13,840 stock units, Jetcon Corporation shed 3 cents with 9,630 units changing hands at $1.77, Knutsford Express ended with a loss of 1 cent at $10.40 with 102 stock units changing hands. Key Insurance traded 1,218 shares after rising 40 cents to end at $3.50, Lasco Distributors closed with a loss of 29 cents at $3.30, swapping of 570,450 shares, Lasco Financial declined by 10 cents to settle at $5.20, with 112,030 units trading, Lasco Manufacturing ended trading 90,191 shares, after rising 15 cents to end at $5.40. Limners and Bards closed 26 cents higher at $2.98, with 42,500 stock units trading, Medical Disposables fell 50 cents trading 1,340 units at $7. Stationery and Office Supplies closed with 5,430 units crossing the exchange and gained 9 cents to end at $12.20, and tTech exchanged 20,271 units and gained 30 cents to end at $6.30.

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

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