Junior Market bounces on Wednesday

Jetcon jumped $3.57 on Wednesday to close at $19.17.

Trading on the Junior Market fell below normal levels on Wednesday with 709,260 units valued at $4,202,977, down from 2,845,419 units valued at $10,795,016, passing through the market, on Tuesday. The market closed with two stocks jumping to new 52 weeks’ high.
Jetcon Corporation closed at $19.17 ahead the 3 for 1 stock split taking effect on the exchange on Thursday and Derrimon Trading preference share, ended at a 52 weeks’ high of $2.50.
Trading ended with 21 securities versus 14 on Tuesday leading 11 stocks rising and 4 declining, with the market index gaining 38.37 points to end at 3,194.93.
The market closed with 2 stocks having bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 33,774 units for an average value of $478,260 compared to 203,244 units for an average value of $771,073 on the previous trading day. The average volume and value for the month to date rose to 515,032 units valued at $2,250,311 compared with 549,408 units valued at $2,376,886, previously, in contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, stocks trading with their last traded price are: AMG Packaging closed at $4.15 with 1,200 units changing hands, Blue Power climbed $5 to close at $55 with 184 units changing hands, Cargo Handlers ended trading 9,329 shares at $16, Caribbean Cream rose 7 cents in trading 210,000 units to end at $7.52, Caribbean Producers gained 20 cents in trading 1,000 units to end at $3.25. C2W Music had 14,000 units changing hands to close at 45 cents, Dolphin Cove had 2,300 units changing hands to close at $19.10 after rising by $1. Honey Bun had 4,183 shares changing hands to close with 12 cents loss to $6, Jamaican Teas traded 29,188 shares and rose 57 cents to end at $4.87, Jetcon Corporation sharply by $3.57 to end at a 52 weeks’ close of $19.17 with 24,620 shares trading, ahead of the stock starting to trade with a 3 for 1 split on Thursday. Key Insurance traded 11,651 units to close at $3.05, KLE Group traded 12,000 units to close at $2.50, Knutsford Express traded 24,717 shares to end at $16.30, with a rise of 30 cents, Lasco Distributors ended at $7, trading 1,000 units, Lasco Financial had 91,678 shares changing hands to end at $3.85, Lasco Manufacturing ended with 1,900 shares trading and closed at $4.97 after rising 42 cents. Main Event gained 12 cents and ended trading 31,720 shares at $6, Medical Disposables lost 28 cents and ended at $5.72 with 200 units trading, Paramount Trading lost 17 cents and ended with 163,480 shares changing hands at $2.85, tTech ended with 24,910 units changing hands after falling $1 to end at $8 and Derrimon Trading preference share ended with 50,000 units changing hands to close at a 52 weeks’ high of $2.50

 

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