Securities participating in trading on the Junior Market of the Jamaica Stock Exchange dropped sharply on Thursday with 13 securities changing hands, resulting in an exchange of 1,784,331 units valued at $8,037,129 compared to 933,174 units valued at $3,918,550 on Wednesday from 24 securities.
At the close of market activities, the prices of 2 securities advanced, 6 declined and 5 remained unchanged leading the Junior Market Index to decline by 21.86 points to close at 2,722.75.
Trading ended with an average of 137,256 units for an average of $618,241 in contrast to 38,882 units for an average of $163,273 on Wednesday. The average volume and value for the month to date amounts to 107,477 units valued at $545,989 and 106,544 units valued at $521,691, previously. In contrast, October closed with average of 74,690 units valued at $362,548 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 8 with lower offers.
At the close of the market, Access Financial closed at $34, with 725 shares trading, Caribbean Cream finished with a loss of 1 cent at $5.49, with 1,536 shares, Caribbean Producers traded at $4.20, with 687,710 units, Express Catering ended with a loss of 10 cents at $4.20, with 223,501 stock units, Honey Bun settled with a loss of 75 cents at $3.50, with 3,000 shares, Jetcon Corporation finished trading with a loss of 25 cents at $4.50, with 50,000 shares. Knutsford Express closed with a loss of 18 cents at $13.82, with 6,270 shares, Lasco Distributors settled 10 cents higher at $4.50, with 172,970 shares, Lasco Financial ended trading at $5.05, with 18,978 stock units. Lasco Manufacturing traded 205,296 stock units and gained 40 cents in closing at $3.90, Main Event closed at $6, with 177,822 shares changing hands, Paramount Trading concluded market activity with a loss of 30 cents to end at $3.10, with 2,000 units and Stationery and Office ended trading at $5.05, with 234,523 stock units.
Prices of securities trading for the day are those at which the last trade took place.
Just 13 securities trade on Thursday
4 TTSE stocks rise 1 falls
The Trinidad & Tobago Stock Exchange closed on Tuesday with 13 securities changing hands compared to 10 on Monday and resulted in 4 stocks advancing, 1 declining, 8 remaining unchanged.
Trading activity saw 528,994 shares traded at a value of $2,520,342 compared to Monday’s trades of 354,972 units valued at $13,441,469.
The Composite Index gained 0.08 points to 1,275.58, the All T&T Index advanced 0.68 points to 1,744.14 and the Cross Listed Index lost 0.07 points to close at 108.78.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Securities recording gains at the close of trading on Tuesday are, Sagicor Financial that traded 12 cents higher to $7.95 with 1,240 shares, Scotiabank jumped $1.25, to close at a 52 weeks’ high of $60 while exchanging 634 units, Trinidad & Tobago NGL rose 3 cents to settle at a 52 weeks’ high of $24.05, trading 8,920 shares and Bourse Brazil Latin Fund US Dollar shares closed at $8.10, gaining 2 cents with 500 units changing hands.
Losses| MMB Group is the sole stock declining and ended with a loss of 8 cents, closed at $2.10, trading 405,353 shares valued at $851,241.
Firm Trades| The last traded prices of securities and the volumes trading unchanged are Ansa Merchant Bank closed at $40 with 400 units, Clico Investment exchanged 1,340 shares at $21, First Caribbean International Bank traded 7,476 shares at $9.30 and Massy Holdings remained at $48 with 13,328 shares valued at $639,744. National Enterprises closed at $9.70 with 8,997 shares, NCB Financial Group ended at $5.90 exchanging 72,352 shares valued at $426,877, Prestige Holdings closed at $10.75 with 6,809 shares and Unilever Caribbean held firm at $35 with 1,145 shares but traded at an intraday 52 weeks’ low of $34.80.