GWest list & FosRich gains 99c

In trading on the Junior Market Jamaica Stock Exchange on Thursday, FosRich finally traded after listing on Tuesday, while GWest listed on Thursday and rose to $2.87 from its IPO price of $2.50.
At the close of market activities, the prices of 6 securities advanced, 5 declined and 6 remained unchanged. The Junior Market Index advanced by 36.88 points to close at 2,740.63 with the two new listing contributing to the gain.
Trading on concluded with 16 securities changing hands, resulting in an exchange of 1,516,632 units valued at $6,748,760 compared to just 393,186 units valued at $1,610,823 on Wednesday from 11 securities.
Trading ended with an average of 89,214 units for an average of $399,986 in contrast to 35,744 units for an average of $146,438 on Wednesday. The average volume and value for the month to date, amounts to 568,154 units valued at $2,642,716 and previously, 600,336 units valued at $2,793,615. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than the last selling prices and 7 with lower offers.
At the close of the market, Cargo Handlers ended trading 3 cents higher at $10.90, with 40,888 stock units, Caribbean Producers closed 20 cents higher at $4, with 322,112 shares, Eppley settled with a loss of 25 cents at $11.75, with 1,100 shares, Express Catering ended trading at $4.30, with 4,900 stock units, FosRich Group traded 16,000 shares at $2.99 up 99 cents from $2 at the IPO, General Accident traded 25 cents higher at $3, with 500,000 units. GWest Corporation traded for the first time and ended at $2.87 with a gain of 37 cents from the IPO price of $2.50. Honey Bun finished trading with a loss of 50 cents at $4, with 11,850 shares, Knutsford Express traded 80 cents higher at $14.80, with 23,359 units, Lasco Distributors finished trading at $3.99, with 2,200 shares, Lasco Financial closed at $5.18, with 2,360 shares. Lasco Manufacturing ended with a loss of 1 cent at $3.50, with 121,239 stock units, Main Event concluded trading at $5.30, with 296,246 units, Paramount Trading settled with a loss of 2 cents at $3, with 33,833 shares, Stationery and Office ended trading with a loss of 9 cents at $4.90, with 50,780 stock units and tTech finished trading at $5.18, with 86,765 shares changing hands.

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

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