Junior Market climbs 7% in January

After climbing 36.88 points on Monday, 45.59 points on Tuesday the Junior Market jumped 76.21 points to close at 2,922.21 to be up 7 percent for the year to date. Much of the gains have to do with some recovery in the prices of two largest Lasco companies.
At the close of market activities on Wednesday, 25 securities changed hands, resulting in an exchange of 4,216,943 units valued at $15,584,380 compared to 8,181,768 units valued at $31,174,089 from 22 securities changing hands, on Tuesday. GWest Corporation accounted for 71 percent of the volume traded for the day. Market activities ended with the prices of 11 securities that advanced, 12 declined and 2 remained unchanged.
Trading ended with an average of 168,678 units for an average of $623,375 in contrast to 371,899 units for an average of $1,417,004 on Tuesday. For the month to date an average of 122,386 shares valued at $489,704 and previously, an average of 119,907 shares valued at $482,228. December closed with an average of 568,732 units valued at $3,447,957 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ending with the bid higher than the last selling price and 5 with lower offers.
At the close of the market, Access Financial jumped by $5.90 and closed at $48, with a mere 220 shares trading, AMG Packaging ended with a loss of 2 cents at $2, with 20,000 stock units, Caribbean Cream ended trading with a loss of 5 cents at $5.51, with 106,425 shares, Caribbean Producers finished trading with a loss of 20 cents at $4.30, with 30,500 units, Consolidated Bakeries closed with a loss of 2 cents at $1.98, with 103,000 shares. Dolphin Cove finished 62 cents higher at $17, with 59,647 stock units, Eppley settled $1.50 higher at $12.50, with 6,200 units, but only after it traded at a 52 weeks’ low of $9.50. Express Catering ended trading with a loss of 5 cents at $4.50, with 29,503 shares, FosRich Group traded with a loss of 5 cents at $2.50, with 114,890 shares. GWest Corporation closed with a loss of 5 cents at $3.20, with 2,982,117 stock units, Honey Bun ended 44 cents higher at $5, with 21,000 units, Jamaican Teas settled with a loss of 5 cents at $4.60, with 37,143 shares, Jetcon Corporation ended trading with a loss of 30 cents at $4.50, with 43,328 stock units. Key Insurance traded 30 cents higher at $3.55, with 16,000 units, Knutsford Express closed $1 higher at $15, with 1,200 shares, Lasco Distributors ended 20 cents higher at $4, with 53,444 shares, Lasco Financial gained 4 cents to close at $5.15, with 112,729 stock units. Lasco Manufacturing finished 10 cents higher at $4.40, with 242,450 units, Main Event settled with a rise of 20 cents at $5.70, with 3,143 shares, Paramount Trading traded at $3.40, with 6,921 shares, Stationery and Office finished trading at $5.05, with 180,026 stock units. Sweet River closed with a loss of 5 cents at $3.80, with 30,000 units and tTech ended with a loss of 5 cents at $5.95, with 917 shares. In the junior market preference segment, Eppley 8.25% concluded trading with a loss of 5 cents at $5.40, with 8,940 units and Eppley 9.5% finished 64 cents higher to a 52 weeks’ high of $7.89, with 7,200 shares.
Prices of securities trading for the day are those at which the last trade took place.