Junior Market continues to slide

The Junior Market continued its downward trend, falling 12.88 points to close at 3,098.16, with 30 securities changing hands and the price of 10 securities advancing, 10 declining and 10 remaining unchanged.
The market closed with an exchange of 1,878,404 units valued at $6,417,405 compared to 2,469,369 units valued at $7,388,636 from 35 securities on Tuesday.
Trading ended with an average of 62,613 units at $213,914 for each security traded in contrast to 70,553 units for an average of $211,104 on Tuesday. The average volume and value for the month to date amounts to 146,806 units valued at $535,724 and previously 151,001 units at $551,762 for each security. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded. The average PE Ratio of the market ended at 13.1 based on earnings for 2019.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, AMG Packaging shed 10 cents in trading of 9,600 units at $2, Caribbean Producers climbed 20 cents and exchanged 2,400 shares at $5, Derrimon Trading closed 20 cents higher at $2.45, with 542,601 stock units changing hands. Dolphin Cove ended with a loss of $1.59, in swapping 27,600 shares at $9.20, Everything Fresh declined 4 cents in trading of 18,919 units at $1, Express Catering exchanged 20,500 units and gained 2 cents to end at $6.12. Fontana lost 5 cents to settle at $7 with 231,946 units changing hands, General Accident transferred 363 shares and fell 10 cents to finish at $5.90, GWest Corporation dropped 10 cents in trading 61,838 units at $1.02. Honey Bun gained 70 cents to end at $8 with 104,968 shares changing hands, KLE Group shed 50 cents in trading of 3,300 units at $2.30, Knutsford Express fell 35 cents in exchanging 12,823 units at $9.65. Lasco Manufacturing lost 7 cents to close at $4.18 with 17,645 crossing the exchange, Limners and Bards gained 1 cent to settle at $2.90, after trading 13,610 shares, Lumber Depot ended swapping 80,966 shares, after rising 2 cents to close at $1.53. MailPac Group closed 14 cents higher at $2.10, with 353,900 stock units trading, Medical Disposables climbed 50 cents and exchanged 1,000 shares at $7.20, Paramount Trading closed 3 cents higher at $1.73, with 2,812 stock units trading. Stationery and Office Supplies ended with a loss of 1 cent at $9.01 with 40,711 stock units changing hands and tTech closed trading of 932 units and gained 2 cents to end at $5.62.

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

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