12 Junior Market stocks fell out of a total of 24 securities trading in the second tiered
market of the Jamaica Stok Exchange on Wednesday, helping to drive the market Index down by 17.46 points to 3,004.44 at the close.
Access Financial was a big loser falling $7.50 while Eppley fell $1.01, Knutsford Express and Main Event both lost $1 but Express Catering climbed $1 and Stationery and Office climbed $1.15 as the prices of 7 securities rose and 5 remaining unchanged
Trading activity ended with 1,463,979 units valued at $7,919,572 changing hands compared to 1,560,032 units valued at $8,956,643 from the trading of 22 securities on Tuesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Trading ended with an average of 60,999 units for an average of $329,982 in contrast to 70,911 units for an average of $407,120 on Tuesday. The average volume and value for the month to date, amounts to 166,085 units valued at $802,331 and previously 135,539 units valued at $711,179. May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, Access Financial dived $7.50 to end at $45.50, with 15,000 shares, AMG Packaging closed 10 cents higher at $2.20, with 49,666 stock units, Blue Power concluded trading at $30, with 6,175 units, but closed with the bid at $33 as investors responded to the news that a stock split is to be considered by the directors at an upcoming meeting in July. Caribbean Cream ended trading with a loss of 21 cents at $5.99, as a mere 100 shares changed hands, Caribbean Producers gained 5 cents to $5.25, with 10,000 stock units. Consolidated Bakeries finished trading 2 cents higher at $2.07, with 3,700 units, Dolphin Cove rose 90 cents to $16, with 1,500 shares, Elite Diagnostic finished with a loss of 4 cents at $3.06, with 15,000 stock units, Eppley settled with a loss of $1.01 at $8.14, with 10,000 units. Express Catering ended trading $1 higher at $8, with 215,272 shares, FosRich Group lost 10 cents to end at $2.80, with 1,367 shares, General Accident finished trading with a loss of 28 cents at $2.70, exchanging 78,444 shares, GWest Corporation closed 5 cents higher at $2.30, with 2,000 stock units. Honey Bun ended at $5, with 5,000 units, Jamaican Teas settled with a loss of 5 cents at $5.95, after 18,000 shares traded, Jetcon Corporation ended trading 659,115 stock units and lost 12 cents in closing at $4.03, Knutsford Express closed with a loss of 1 cent at $11.50, exchanging 50,000 shares. Lasco Distributors fell 10 cents to $4.10, with 111,599 shares, Lasco Financial concluded trading with a loss of 1 cent at $4.99, while 89,621 stock units were exchanged, Lasco Manufacturing finished at $4.10, with 47,145 units, Main Event settled with a loss of $1 at $6, with 58,500 shares. Paramount Trading closed at $2.90, with 7,275 shares, Stationery and Office finished trading $1.15 higher at $8, with just 500 stock units changing hands and tTech ended at $5.30, with 9,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.