Dominant Derrimon in Monday trading

Happy shopper at one of Derrimon owned supermarket

Derrimon Trading enjoyed a good day of trading on the Junior Market on Monday with 5 million shares exchanged with the price rising 40 cents by the close, but the market slipped at the close.
At the close just 21 securities traded versus 23 on Friday with 7 rising, 9 declining and 5 remaining unchanged, leading the market Index to fall 2.31 points to close at 3,206.08 after it rose as much as 27 points in early morning trading. The big trade in Derrimon’s stock, pushed the volume to 5,717,296 units valued $15,894,662, well ahead of the 956,921 units that traded valued at $3,959,209 on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed with 4 stocks ending with bids higher than their last selling prices, while 6 closed with lower offers, an indication of a bias towards declining stocks dominating on Tuesday.
Trading ended with an average of 272,252 units for an average of $756,889 in contrast to 41,605 units for an average of $172,139 on Friday. The average volume and value for the month to date amounts to 109,127 units valued at $494,523 and previously 101,813 units valued at $501,965. October ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, CAC 2000 finished $1 higher at $17, while a mere 131 shares were traded, Caribbean Flavours traded 3,000 stock units at $20, Caribbean Producers finished trading with a loss of 10 cents at $5.65, with 13,414 units, Consolidated Bakeries closed at $2, exchanging 500 shares, Derrimon Trading ended 40 cents higher at $3, with an exchange of 5,019,628 shares. Elite Diagnostic finished with a loss of 20 cents at $3, trading 112,035 stock units, Everything Fresh fell 20 cents in trading 11,962 shares to close at $1.80, Express Catering ended trading 4,121 shares, gaining 1 cent to $7.50, FosRich Group traded with a loss of 34 cents at $3.50, with 61,796 shares changing hands, Honey Bun ended with a loss of 20 cents at $3.80, with an exchange of 1,201 units. Indies Pharma fell 5 cents and ended trading 186,468 shares to close at $3, Iron Rock concluded trading of 5,000 shares with a loss of 1 cent to close at $3.50, Jamaican Teas settled with a loss of 8 cents at $4.30, exchanging 560 shares, Jetcon Corporation ended trading 12,500 stock units at $3.80, Lasco Distributors ended 15 cents higher at $3.95, trading 11,105 shares. Lasco Financial concluded trading 21,500 stock units with a loss of 5 cents to end at $5, Lasco Manufacturing lost 4 cents to close at $3.40, trading 2,000 units, Main Event settled 95 cents higher at $6.50, with 8,021 shares changing hands, SSL Venture Capital traded 2,500 shares and added 6 cents to end at $1.81 and Stationery and Office finished trading 31,854 stock units and closed 2 cents higher at $10. In the junior market preference segment, Derrimon Trading ended at $2.15 trading 208,000 stock units.
Prices of securities trading for the day are those at which the last trade took place.

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