Knutsford Express closed at an all time high of $60 on Wednesday
The Junior Market of the Jamaica Stock Exchange fell back again on Wednesday by 12.18 points to end at 3,256.15 with less than 1 million shares changing hands.
At the close of the market, the number of securities trading, inched up to 24 from 23 on Tuesday with 8 advancing and 10 declining. Overall, 979,578 units valued at $5,647,751 changed hands, compared to 1,172,423 units valued at $10,317,500 on Tuesday. Trading ended with 4 stocks having bids higher than their last sale prices and 4 with lower offers. Two stocks ended trading at new closing highs. And one at an intraday high.
The Junior Market ended trading with an average of 40,816 units for an average value of $235,323, compared to 50,975 units for an average value of $448,587, on the previous trading day. The average volume and value for the month to date are 69,926 units and $531,103, while at the close of the prior day, 74,085 units and $573,358. The average volume and value for April ended at 502,597 units and $2,768,003.
At the close of the market, Access Financial Services rose 10 cents and closed at $47 in trading 1,200 shares, AMG Packaging regained 16 cents to close at $5 with a mere 920 units changing hands, Blue Power closed at $39 with 4,662 units changing hands, Cargo Handlers traded 100 shares at $20, Caribbean Cream closed trading with 7,238 units at $7.85. Caribbean Producers rose 10 cents trading 159,891 shares changing hands, to close at $4, after trading earlier at $4.50, Investors responded positively to improved third quarter results with profit after tax of US$968,000 versus US$642,000 but with slightly lower nine months profit. Consolidated Bakeries lost 20 cents in trading 60,000 shares to close at $2.65, Dolphin Cove fell 50 cents and ended at $20 with 2,559 shares changing hands, General Accident fell 13 cents and closed trading with 229,764 shares at $3.12, Honey Bun lost 20 cents with 26,800 shares changing hands, to close at $7.80, ISP Finance climbed $1.01 to end at a record closing high of $24 with 2,900 units changing hands. Jamaican Teasclimbed 35 cents in trading 134,800 shares, to close at a record high of $5.10, Jetcon Corporation dropped 75 cents and ended at $13.25 with 10,325 shares trading,
KLE Group ended at $2.85 with 1,000 shares changing hands, Knutsford Express traded 13,163 shares and gained $5 to end at a record close of $60. Lasco Distributors ended with 52,131 units trading with a loss of 14 cents at $7.01, Lasco Financial lost 50 cents and ended with 2,938 shares changing hands at $4, Lasco Manufacturing declined by 38 cents and closed at $5.12 while trading 154,589 shares, Main Event rose 45 cents and ended trading 20,177 shares at $6.80, Medical Disposables ended at $6.50 with 2,020 units trading, Paramount Trading gained 10 cents and ended with 1,000 shares changing hands at $3.15, tTech fell 5 cents and ended with 19,251 units changing hands at $7.15, Eppley 8.25% preference share, traded 41,000 units to end at $6.09 and Eppley 9.5% preference share, traded 31,150 units to end at $6.15.