Junior Market down could slip further

Negative movement in the Junior Market continued on Wednesday with 20 securities changing hands versus 26 on Tuesday, with just 4 stocks rising, 8 declining and 8 remained unchanged leading the Junior Market Index to fall 23.46 points to close at 3,219.22.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading flashed negative sentiments with 7 stocks ending with bids higher than their last selling prices, while 7 closed with lower offers.
The day’s activity ended with an exchange of 1,116,649 units valued at $4,642,267 compared to 1,035,040 units valued at $4,104,381 on Tuesday.
Trading ended with an average of 55,832 units for an average of $232,113 in contrast to 39,809 units for an average of $157,861 on Tuesday. The average volume and value for the month to date amounts to 136,271 units valued at $644,972 and previously 153,569 units valued at $733,759. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, AMG Packaging ended with a loss of 2 cents at $1.88, with 1,676 stock units changing hands, CAC 2000 finished market activity at $16, in exchanging 15,000 shares, Caribbean Cream dropped $1 to $5 and ended trading 30,000 shares, Derrimon Trading ended 20 cents higher at $2.80, with 1,526 shares changing hands, Elite Diagnostic closed 18 cents higher at $3.20, with the trading of 14,275 stock units. Eppley settled at $8, with 24,500 units changing hands, Everything Fresh ended trading of 100,000 shares, to close at $1.80, Express Catering traded 8,788 shares in closing at $8, FosRich Group traded 190,099 shares in rising 60 cents to $3.80, General Accident finished trading 1,797 shares with a loss of 25 cents and ending at $3.50. Indies Pharma ended trading of 134,987 shares at $3, Jetcon Corporation gained 10 cents to close at $3.85, in exchanging 343,605 stock units, KLE Group finished trading with a loss of 30 cents at $3.50, with 5,560 shares changing hands, Knutsford Express closed at $12, with 13,870 shares trading, Lasco Distributors ended with a loss of 4 cents at $3.95, with 76,656 shares changing hands. Lasco Financial concluded trading with a loss of 3 cents at $5.37, in exchanging 25,570 stock units, Lasco Manufacturing finished with a loss of 2 cents at $3.40, with 1,464 units changing hands, Main Event settled at $6, trading 13,118 shares, SSL Venture Capital traded 57,508 shares at $2 and Stationery and Office finished trading with a loss of 19 cents at $9.01, with 56,650 stock units.
Prices of securities trading for the day are those at which the last trade took place.

About IC Insider.com