The Junior Market slipped 8.33 points to close at 2,958.45 on Thursday as declining stocks beat advancing almost by a 2 to 1 ratio as the number of companies trading fell from Wednesday’s level.
At the close of market activities, 17 securities changed hands, the prices of 5 advanced, 9 declined and 3 remained unchanged, compared 21 securities changing hands on Wednesday.
Trading ended with an exchange of 2,627,003 units valued at $9,951,186 compared with 1,622,159 units valued at $6,560,444.
Market activity ended with an average of 154,530 units for an average of $585,364 compared to an average of 77,246 units for an average of $312,402 on Wednesday. The average volume and value for the month to date, amounts to 246,012 units at $1,064,766 compared to 283,041 units at $1,258,810 on the prior trading day. March closed with an average of 149,999 units valued at $623,819, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 5 stocks ending with the bid higher than the last selling price and 6 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 15 cents at $2, trading 449,644 shares, Caribbean Flavours traded 4 cents higher at $11, with 8,288 stock units, Caribbean Producers finished trading at $5, with a mere 203 units, Consolidated Bakeries closed with a loss of 2 cents at $2, with 23,902 shares, Elite Diagnostic settled 1 cent higher at $3.31, with 238,216 units. Eppley ended trading 13,000 shares and rose 10 cents to $9.60, Express Catering lost 10 cents at $5.25, with 291,235 shares trading, General Accident closed with a loss of 5 cents at $2.95, exchanging 22,000 stock units, GWest Corporation ended with a loss of 1 cent at $3.09, exchanging 35,475 units. Honey Bun concluded trading after falling 5 cents to $4.65, with 6,000 shares, Jamaican Teas ended trading at $5.30, with 25,000 stock units, Jetcon Corporation traded 10 cents higher at $4.15, with 81,862 units, Key Insurance finished trading with a loss of 65 cents at $4, after 501,651 shares changed hands. Lasco Distributors lost 5 cents to end at $4, with 853,641 stock units, Lasco Financial finished 70 cents higher at $5.70, with 24,256 units, Lasco Manufacturing settled with a loss of 1 cent at $3.99, with 52,230 shares and Medical Disposables traded at $5, with just 400 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Fewer Junior Market companies trade – Thursday
April 5, 2018 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Elite Diagnostics, Emerging markets, Eppley, Express Catering, GWest, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, Paramount Trading, Trading Activity
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