The Junior Market Index declined by 36.90 points to close at 3,549.04 on Monday with 30 securities changing hands with declining stocks clobbered rising stocks 2 to 1 with a number of prices falling sharply.
Trading ended with the prices of 7 securities advancing, 16 declining and 7 remaining unchanged as 2,662,027 units valued at $15,208,221 crossed the exchange compared to 12,721,566 units valued at $72,975,684 from 31 securities changing hands on Friday.
Trading ended with an average of 88,734 units at $506,941 for each security traded in contrast to 410,373 units for an average of $2,354,054 on Friday. In contrast, August ended with an average of 232,398 units valued at $1,072,851 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 4 closing with lower offers.
Stocks closing with price changes| AMG Packaging lost 4 cents trading of 22,196 units at $2.25, Blue Power lost 10 cents in trading 4,367 shares to close at $7.90, CAC 2000 dropped $1.50 while exchanging a mere 300 shares to close at $14.50, Cargo Handlers fell $1.32 with 2,000 units changing hands at $9.25. Derrimon Trading fell 30 cents in trading 10,053 units at $2.50, Dolphin Cove ended with a loss of 1 cent at $11.99 with 688 stock units changing hands, Express Catering declined by 10 cents to settle at $6.40 as investors swapped 69,253 shares, Elite Diagnostic close with a loss of 79 cents at $6.20, exchanging 350,439 shares. Fosrich lost 20 cents trading of 24,914 units at $5.50, Fontana closed trading of 384,318 units and gained 10 cents to end at $8.30, Honey Bun closed 7 cents higher at $7.07, with 15,000 stock units trading, Indies Pharma ended trading with 31,570 shares, after rising 8 cents to end at $3.50. Jamaican Teas closed with 79,902 units changing hands and gained 5 cents to end at $5.90, Key Insurance lost 25 cents in trading 5,000 shares to close at $3, Knutsford Express lost 55 cents to end at $11.95, trading 1,300 shares, Limners and Bards ended market activity exchanging 374,926 shares to close at $3 after falling 20 cents. Lasco Distributors fell 2 cents trading 103,744 units at $3.30. Lasco Financial closed with a gain of 55 cents in trading of 12,100 units to end at $5.55, Lasco Manufacturing shed 10 cents exchanging 65,784 units at $5.50, Medical Disposables closed with a loss of $1.19 cents to close at $7.40, in the swapping of 1,000 shares. Main Event closed trading of 33,984 units and gained 14 cents to end at $7, Paramount Trading dipped 39 cents with 22,171 units changing hands at $1.60 and Stationery and Office Supplies added just 1 cent to end at $12.50, in trading 100 shares.
Prices of securities trading for the day are those at which the last trade took place.