Junior Market climbs higher – Monday

CAC closed at a new high of $8.70, after positing 2017 results.

Trading on the Junior Market of the Jamaica Stock Exchange ended on Monday with 23 securities changing hands leading to the prices of 13 securities advancing, 5 declining and 5 remaining unchanged.
The Junior Market Index rose for the 5 straight day by 14.03 points to 2,827.05. At the close of trading, 23 securities changed hands compared to 20 on Friday, resulting in an exchange of 2,275,981 units valued at $9,193,941 compared to 3,743,313 units valued at $16,211,640 on Friday.
Trading ended with an average of 98,956 units for an average of $399,737 in contrast to 187,166 units for an average of $810,582 on Friday. Trading month to date amounts to an average of 134,730 units valued at $558,856 and previously 143,772 units valued at $599,073. December closed with 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 6 stocks ending with bids higher than the last selling prices and 3 with lower offers.
At the close of the market, Access Financial closed $1 higher at $43, trading 864 shares, AMG Packaging gained 2 cents to end at $2.92, with 3,100 stock units, CAC 2000 jumped $1.40 to end at a 52 weeks’ high of $8.70, with 10,000 shares trading, in response to full year’s earnings for 2017 of 78 cents per share. Caribbean Cream traded with a loss of 50 cents at $5.50, with 15,000 units, Caribbean Producers closed at $4.28, with 339,856 shares. Consolidated Bakeries ended 6 cents higher at $1.96, with 2,167 stock units, Dolphin Cove finished at $17, with 46,116 shares, Express Catering ended trading 10 cents higher at $4.50, with 81,540 stock units, FosRich Group traded with a loss of 10 cents at $2.50, trading 227,660 units. General Accident finished trading 5 cents higher at $3, with 98,935 shares, GWest Corporation gained 10 cents to end at $3.10, with 607,187 shares changing hands, ISP Finance finished at $12.50, with 1,369 shares, Jamaican Teas settled 35 cents higher at $4.85, with 11,286 shares. Jetcon Corporation rose 9 cents to close at $4.74, with 5,400 stock units, Knutsford Express closed at $14.80, with 1,635 shares, Lasco Distributors ended with a loss of 25 cents at $3.55, with 406,765 stock units, Lasco Financial concluded trading after rising 9 cents to $5.39, with 175,057 units. Lasco Manufacturing finished with a loss of 52 cents at $3.65, with 146,839 shares, after the stock traded at $4.50 during the morning session. Main Event settled 20 cents higher at $6, with 36,220 shares, Medical Disposables rose 5 cents to close at $5, with 2,300 stock units, Paramount Trading traded with a loss of 10 cents at $3.05, with 46,385 units trading, tTech ended 10 cents higher at $6.60, with 10,200 stock units and In the junior market preference segment, Eppley ended at $5.50, with 100 stock units,

Prices of securities trading for the day are those at which the last trade took place.

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