The Junior Market jumped 55.18 points on Tuesday to close higher for the 12th consecutive day leading the market index to close at 3,224.44 with a gain of 24.3 percent for the year to date.
Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Tuesday with 17 securities changing hands, down from 19 on Monday, resulting in an exchange of 1,359,763 units valued at $7,878,297 compared to 974,360 units valued at $6,318,914 on Monday. At the close of market activities, the prices of 6 securities advanced, 4 declined and 7 remained unchanged.
Trading ended with an average of 79,986 units for an average of $463,429 in contrast to 51,282 units for an average of $332,574 on Monday. The average volume and value for the month to date amounts to 74,690 units valued at $362,548 and 74,450 units valued at $357,987 previously. In contrast, September closed with average of 116,176 units valued at $538,652 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 1 stock with the bid higher than their last selling price and 5 with lower offers.
At the close of the market, CAC 2000 concluded trading at $6.95, with 1,377 shares, Caribbean Producers concluded trading 9 cents higher at $3.79, with 11,295 stock units, Derrimon Trading ended trading at $7, with 2,755 units, Express Catering fell 1 cent to $4.93, with 5,000 shares trading, General Accident settled with a loss of 9 cents at $3.11, with 23,000 shares. Honey Bun ended trading 900 stock units at $4.90, Jamaican Teas traded 4,000 shares at $4.10, Jetcon Corporation closed 12 cents higher at $4.80, with 43,613 units, Knutsford Express ended at $14.80, with 6,670 stock units changing hands. Caribbean Cream settled at $5.80, with 143,951 shares, Lasco Distributors traded 40 cents higher at $7.60, with 402,523 units, Lasco Financial traded 10 cents higher at $4.50, with 184,129 shares, Lasco Manufacturing concluded trading 25 cents higher at $4.45, with 404,812 stock units. Main Event traded 58 cents higher at $5.60, with 92,886 units, Paramount Trading traded 3,452 shares at $3, Stationery and Office closed with a loss of 6 cents at $5.30, with 14,649 shares and tTech settled with a loss of 45 cents at $7.05, with 14,751 units.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market climbs 55 points
October 31, 2017 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: CAC2000, Caribbean Producers, Daily Trading, Derrimon Trading, Emerging markets, Express Catering, Honey Bun, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Stationery and Office, Trading Activity, tTech
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