Express Catering up 187% to Wednesday

Ian Dear, Managing Director of Express Catering

Wednesday was the biggest day of trading in Express Catering since it listed last Friday on the Junior Market, the stock closed with an 89 cents rise to a record closing high of $4.30 with a massive 71,996,755 units trading out of a total of 73.5 million shares that traded in the market.
Express Catering’s stock price is up 187 percent from the IPO price of $1.50 so far, the stock closed with the bid at $4.30 to buy 303,034 units.
Trading on the Junior Market jumped sharply on Wednesday to 73,477,574 shares valued at $263,785,025 up from 35,527,220 shares valued at $124,668,100 traded on Tuesday. At the close, the market index rose 67.29 points to 3,096.22.
At the close 20 securities traded, down from 21 on Tuesday with 11 stocks gaining and 5 declining. Trading closed with 1 stock having a higher bid than the last traded price and 6 closing with lower offers.
The Junior Market ended trading with an average of 3,673,879 units for an average value of $13,189,251 compared to 1,691,772 units for an average value of $5,936,576 on Tuesday. The average volume and value for the month to date amounts to 571,639 units valued at $2,009,287 compared to 239,926 units valued at $680,321 previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Access Financial Services closed at $46.50 in trading 33,936 units, Blue Power rose $6.90 after diving $11 on Monday and Tuesday, to close at $44.90 with only 200 units changing hands, CAC 2000 lost 20 cents with 10,007 shares trading to end at $6.50, Caribbean Cream fell 20 cents and closed trading with 112,288 units at $6.80, Caribbean Producers fell 25 cents to close trading with 19,172 units, at $3.15, Consolidated Bakeries ended with 32,020 units changing hands, to close at $2.62. Eppley closed trading with 9,500 shares at $13, General Accident added 6 cents and closed trading with 25,000 shares at $2.57, Honey Bun gained 55 cents with 2,149 shares changing hands and closed at $5.55, ISP Finance jumped $4 and closed with 5,424 units changing hands at $16, Jamaican Teas lost 25 cents in trading 67,099 shares to close at $4, Jetcon Corporation traded 59,800 shares to end at $4.70, after gaining 9 cents, Knutsford Express traded 6,200 shares to end at $15, Lasco Distributors closed 1 cent lower at $6.50 after trading 216,522 units, Lasco Financial rose 4 cents and ended with 176,765 shares changing hands at $3.60, Lasco Manufacturing grew 58 cents and ended with 646,045 shares trading at $4.89, Main Event gained 30 cents to close with 14,214 shares trading at $5.50, Medical Disposables closed at $5.50 with 42,656 units trading and Derrimon Trading preference share ended with 1,822 units changing hands to close at $2.50.

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