The Junior Market Index dropped 129.61 points in three day including a drop of 63.02 on Thursday to close at 3,283.25 after 23 securities changed hands as just 4 securities advanced, 11 declined and 8 remained unchanged.
The market closed with an exchange of 1,535,498 units valued at $7,110,385, compared to 2,186,515 units valued at $8,022,205 on Wednesday from 29 securities that traded.
Trading ended with an average of 66,761 units for an average of $309,147 in contrast to 78,090 units for an average of $286,507 on Wednesday. The average volume and value for the month to date amounts to 76,083 units valued at $349,211 and 76,725 units valued at $351,970, previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 4 stocks ending with bids higher than their last selling prices, while 5 closed with lower offers.
At the close of trading, AMG Packaging ended with a loss of 8 cents at $1.82, with 51,277 stock units trading, Blue Power concluded trading with a loss of 50 cents at $6, with 30,062 units, CAC2000 finished with a loss of 2 cents at $18, with 10,000 shares changing hands, Cargo Handlers settled 4 cents higher at $13.49, in exchanging 52,740 shares, Derrimon Trading ended at $2.80, trading 284,353 shares. Elite Diagnostic closed at $3.40, with the swapping of 63,315 stock units, Everything Fresh traded 12,000 shares to close at $1.90, Express Catering ended trading with a loss of 20 cents to $8.30, with 238,377 shares changing hands, FosRich Group traded 37 cents higher at $3.70, with 14,982 shares, General Accident rose 25 cents to $3.95, in trading 2,100 shares. GWest Corporation closed with a loss of 10 cents at $1.80, with 22,918 stock units changing hands, Honey Bun ended at $4, trading 308 units, Indies Pharma lost 30 cents to end at $3 with 103,634 shares changing hands. Iron Rock concluded trading of 14,500 shares at $4.50, Jamaican Teas settled 40 cents higher at $4.20, with 4,500 shares changing hand. Jetcon Corporation ended trading of 137,500 stock units at $3.50, but only after trading at a 52 weeks’ low of $3.45. Knutsford Express closed at $11.50, with 10,100 shares trading, Lasco Distributors ended with a loss of 10 cents at $4, with 189,009 shares changing hands, Lasco Financial concluded trading of 28,860 stock units with a loss of 5 cents at $5.30. Lasco Manufacturing finished with a loss of 42 cents at $3.30, in swapping of 251,408 units, Paramount Trading closed with 3,600 shares trading with a loss of 60 cents at $2.15, SSL Venture Capital traded 9,500 shares at $2 and Stationery and Office finished trading with a loss of 8 cents at $9.90, with 455 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market drops 130 points in 3 days
October 18, 2018 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, CAC2000, Cargo Handlers, Daily Trading, Derrimon Trading, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, FosRich, GWest, Honey Bun, Indies Pharma, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Paramount Trading, Stationery and Office, Trading Activity
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