
Access traded with a rise of $2.10 on the junior market.
The Junior Market of the Jamaica Stock Exchange lost grounds on Wednesday, with the market index dropping 28.86 points to close at 2,654.66 as 5 securities advanced, 8 declined and 7 remained unchanged, with Access Financial rising by $3.50 and Blue power by $2.10.
Trading closed with 20 securities changing hands, resulting in an exchange of 2,224,289 units valued at $10,033,873 compared to 888,134 units valued at $3,977,999 from 26 securities on Tuesday.
Trading ended with an average of 111,214 units for an average of $501,694 in contrast to 34,159 units for an average of $153,000 on Tuesday. The average volume and value for the month to date amounts to units 83,407 valued at $344,814 and previously 79,865 units valued at $324,829. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than the last selling prices and 4 with lower offers.
At the close of the market, Access Financial closed $3.50 higher at $38, with 2,000 shares changing hands, AMG Packaging ended at $2.90, with 7,000 stock units, trading after dipping to a 52 weeks’ intraday low of $2.70. Blue Power concluded trading $2.10 higher at $44, with 10,000 units, Cargo Handlers ended trading at $10.85, with 2,790 stock units, Caribbean Cream traded with a loss of 20 cents at $5.61, with 55,000 units trading. Caribbean Producers closed 1 cent higher at $4, with 11,114 shares, Consolidated Bakeries ended with a loss of 40 cents at a 52 weeks’ low of $1.40, with 1,500 stock units, Derrimon Trading concluded trading at $7, with 1,000 units, Dolphin Cove finished at $17, with 1,568 shares.
Express Catering ended trading 8 cents higher at $4.28, with 5,189 stock units, General Accident traded with a loss of 38 cents at $3, with 10,335 units, Honey Bun finished trading at $3.99, with 1,516 shares, Jamaican Teas lost 17 cents to close at $3.33, with 229,800 units. Jetcon Corporation finished with a loss of 40 cents at $4.30, with 1,063,400 shares, Knutsford Express traded with a loss of 5 cents at $14.75, with 5,530 units, Lasco Distributors finished trading 10 cents higher at $4.35, with 516,274 shares, Lasco Financial closed with a loss of 65 cents at $4.75, with 43,798 shares. Lasco Manufacturing ended with a loss of 7 cents at $3.45, with 14,461 stock units, Main Event concluded trading at $5.09, with 169,788 units and Stationery and Office ended trading at $4.80, with 72,226 stock units.
Prices of securities trading for the day are those at which the last trade took place.