Trading on the Junior Market of the Jamaica Stock Exchange remained elevated on Wednesday as 9.5 million Derrimon Trading shares traded, resulting in 9,928,768 units valued at $27,422,845 compared to 17,273,967 units valued at $179,531,161 on Tuesday.
At the close of market activities only 16 securities changed hands versus 17 on Tuesday with the prices of 3 securities advancing, 10 declining and 3 remaining unchanged and Everything Fresh falling to the lowest level at $1.01, since listing earlier in the year at $2.50. Kuntsford Express traded down to a 52 weeks’ low of $10.40.
Trading activity resulted in the Junior Market Index declining by 10.45 points, to close at 3,120.81.
Trading ended with an average of 620,548 units for an average of $1,713,928 in contrast to 1,016,116 units for an average of $10,560,656 on Tuesday. The average volume and value for the month to date amounts to 271,046 units at a value of $1,552,211, versus 236,096 units at a value of $1,536,039, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with higher bids than their last selling price and 2 with lower offers.
At the close of the day’s activity, AMG Packaging ended with a loss of 10 cents at $1.70, with 9,585 stock units changing hands, Caribbean Cream ended trading 29,650 shares at $5.30, Caribbean Producers traded 894 units at $5.35, Consolidated Bakeries closed with a loss of 12 cents at $2.03, with an exchange of 1,000 shares, Derrimon Trading ended at $2.70, with 9,514,600 shares changing hands. Dolphin Cove concluded trading $1.25 higher at $17, in exchanging 511 shares, Elite Diagnostic finished with a loss of 13 cents at $2.87, trading 15,702 stock units, Everything Fresh fell to the lowest level since listing earlier in the year, at $2.50 in trading 30,977 shares with a loss of 27 cents to close at an all-time low of $1.01, Express Catering ended trading of 181,412 shares with a loss of 30 cents at $7.70, FosRich Group traded 51,855 shares with a loss of 1 cent at $3.79. GWest Corporation closed with a loss of 5 cents at $1.45, in trading 10,000 stock units, Indies Pharma traded 49,397 shares and lost 3 cents to close at $3.10, Jamaican Teas settled with a loss of 8 cents at $3.70, with 16,080 shares traded, KLE Group finished trading 10 cents higher at $3.20, with an exchange ofn 5,000 shares, Knutsford Express closed with a loss of 20 cents at $10.40, with 5,772 shares traded and Main Event settled 1 cent higher at $6.01, with 6,333 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.