Derrimon dominates Junior Market – Thursday

Derrimon Trading exchanged 5.66m shares.

Derrimon dominated trading on the Junior Market of the Jamaica Stock Exchange on Thursday with 5.66 million shares changing hands accounting for nearly 56 percent of the Junior Market volume traded.
At the close of market activities advancing stocks edged out declining ones with the Index inching 0.15 points higher to close at 3,127.66 as the prices of 11 securities rose, 10 declined and 4 remained unchanged.
Trading ended on Thursday with 25 securities changing hands, resulting in an exchange of 10,156,220 units valued at $31,853,419 compared to 3,473,115 units valued at $10,367,273 on Wednesday from 28 securities changing hands.
Trading closed with an average of 406,249 units for an average of $1,274,137 in contrast to 124,040 units for an average of $370,260 on Wednesday. The average volume and value for the month to date, amounts to 235,225 units valued at $679,790 and previously, 226,842 units valued at $650,656 in contrast to 204,171 units for an average of $803,427. In contrast, January closed with average of 2,245,428 units with a value of $7,372,574 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 3 with lower offers.
At the close of the trading, AMG Packaging ended 5 cents higher at $2.40, while trading 3,000 shares, Blue Power concluded trading of 32,702 units, with a loss of 7 cents to close at $4.93, Cargo Handlers gained 20 cents to close at $13.20, with 1,250 shares crossing over the trading platform. Caribbean Flavours traded 2,050 stock units and climbed $2 to $20, Caribbean Producers finished trading 10 cents higher at $4.60, with an exchange of 8,285 units. Consolidated Bakeries closed with a loss of 1 cent at $1.99, with 500 shares changing hands, Derrimon Trading ended with a loss of 20 cents at $2.70, with an exchange of 5,664,385 shares, Everything Fresh finished with a loss of 10 cents at $1.65, trading 72,506 stock units. Elite Diagnostic settled 3 cents higher at $3.20, with 20,000 units changing hands, Express Catering ended trading 404,531 shares after rising 55 cents higher at $7.85, FosRich Group traded 95,912 shares at $4,  Fontana finished trading 348,963 shares with a loss of 1 cent at $3.98, General Accident closed 35 cents higher at $4.50, with 21,500 stock units changing hands. GWest Corporation ended at $1.80, with 35,447 units traded, Honey Bun concluded trading of 4,800 shares with a loss of 2 cents at $3.80, ICreate traded 399,531 shares with a lost of 2 cents to close at $1.02. Indies Pharma finished 24 cents higher at $3, with 728,417 shares changing hands, Jamaican Teas traded 1,037,035 units and rose 50 cents higher to close at $4.50. Jetcon Corporation finished trading 1,098,133 shares, with a loss of 5 cents at $3.10,  Knutsford Express  concluded trading of 1,700 stock units at $12.87,  Lasco Distributors finished 5 cents higher at $3.80, with 44,807 units changing hands, Lasco Financial  settled 10 cents higher at $4.60, in trading 16,244 shares. Lasco Manufacturing  ended trading of 61,113 shares at $3.25,  Main Event traded 13,409 shares  with a loss of 10 cents to close at $5.50 and Medical Disposables finished trading 100,000 stock units with a loss of 20 cents at $6.80.

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

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