Junior Market breaks fall – Wednesday

Trading on the Junior Market remains very low, with just 246,438 units valued at $1,330,403 trading resulting from 14 securities trading, down from 16 securities on Tuesday.

On Tuesday 405,167 units valued at $2,384,673 passed through the market.
The market index breaks its recent decent, as it is approaches close to a short term support level and rose a mere 3.48 points, to end at 2,982.71, as the price of 1 stock advanced and 3 declined.
Trading closed with 5 stocks having higher bids than their last traded prices and 5 closing with lower offers.
The Junior Market ended trading with an average of only 17,603 units for an average value of $95,029 compared to 11,587 units for an average value of $96,328 on Tuesday. The average volume and value for the month to date amounts to 46,904 units valued at $259,622, compared 50,567 units valued at $280,196 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, Caribbean Cream lost 50 cents and ended at $7.30 with 2,000 shares trading, Caribbean Producers closed trading with 1,647 units to end at $3.50, Consolidated Bakeries closed trading with 8,000 shares at $2.72, Derrimon Trading closed at $8.05 with 2,387 shares changing hands, Dolphin Cove dropped $2.50 to end at $17.50 with 100 shares changing hands, General Accident closed trading with 1,000 shares to end at $2.90, Honey Bun closed trading with 3,000 shares to end at $5.70, ISP Finance closed with 3,183 units changing hands at $16, Jamaican Teas ended trading 71,714 shares, to close at $3.80, Jetcon Corporation traded 1,054 shares and fell 5 cents to end at $4.80, Lasco Distributors closed at $6.25 after trading 122,492 units, Lasco Financial ended with 17,499 shares changing hands at $3.60, Main Event rose 8 cents with 10,862 shares trading to end at $5.18 and tTech traded 1,500 units to close at $10.

 

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