The Junior Market Index declined again on Friday, dropping 41.51 and bringing the losses since Tuesday to 171.12 points or 5 percent as the market closed the week at 3,241.74. IC bid-offer Indicator suggest that the market could bounce big on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading jumped sharply to 13 stocks ending with bids higher than their last selling prices, while 4 closed with lower offers.
The market closed with 26 securities changing hands as 9 advanced, 9 declined and 8 remained unchanged, compared to Thursday with the trading of 29 securities. Investors swapped 1,069,876 units valued at $5,375,641, compared to 1,535,498 units valued at $7,110,385 on Thursday.
Trading ended with an average of 41,149 units for an average of $206,755 in contrast to 66,761 units for an average of $309,147 on Thursday. The average volume and value for the month to date amounts to 83,015 units valued at $339,541 and 76,083 units valued at $349,211, previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, Access Financial closed at $45.50, after exchanging 126 shares, Blue Power concluded trading 30 cents higher at $6.30, with 3,000 units, CAC 2000 finished at $18, with 5,278 shares trading, Caribbean Cream dropped $1.95 and ended trading 12,577 shares to close at $4.80, Caribbean Flavours traded with a loss of 1.50 cents at $17, with 10,000 stock units. Caribbean Producers finished trading 13,101 units with a loss of 14 cents at $6.75, Derrimon Trading ended 2 cents higher at $2.82, after exchanging 99,114 shares, Elite Diagnostic finished 10 cents higher at $3.50, with 21,229 stock units changing hands, Everything Fresh gained 10 cents in trading 7,903 shares to close at $2, Express Catering ended trading with a loss of 30 cents at $8, in exchanging 324,956 shares. FosRich Group traded 10,694 shares and rose 20 cents higher to $3.90, General Accident finished trading 1,400 shares at $3.95, GWest Corporation closed at $1.80, with an exchange of 26,475 stock units, Honey Bun ended at $4, with 19,254 units changing hands. Indies Pharma rose 30 cents to end at $3 with 86,875 shares changing hands. Jamaican Teas settled with a loss of 20 cents at $4, with 21,360 shares trading, Jetcon Corporation ended trading 131,851 stock units with a loss of 5 cents to end at $3.45, Knutsford Express closed 50 cents higher at $12, with 3,428 shares changing hands, Lasco Distributors ended 6 cents higher at $4.06, after exchanging 20,209 shares. Lasco Financial concluded trading 14,722 stock units to close at $5.30, Lasco Manufacturing finished with a loss of 30 cents to close at a 52 weeks’ low of $3, trading 226,840 units, Medical Disposables ended trading 1,000 shares with a loss of 29 cents at $7.20, Paramount Trading closed market activity with 1,084 shares trading to end 5 cents higher at $2.20. SSL Venture Capital traded 2,000 shares at $2, Stationery and Office finished trading 500 stock units with a loss of 40 cents to close at $9.50 and tTech ended at $5, with 4,800 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market down 5% in 4 days
October 19, 2018 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Blue Power, CAC2000, Cargo Handlers, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Eppley, Everything Fresh, Express Catering, FosRich, GWest, Honey Bun, Indies Pharma, ISP Finance, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity, tTech
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