Junior Market drops 2%

Trading ended on the Junior Market of the Jamaica Stock Exchange Wednesday with 19 securities changing hands, resulting in an exchange of 852,002 units valued at $3,622,384 compared to 2,266,563 units valued at $14,319,936 on Tuesday.
The Junior Market Index declined by whopping 61.17 points to close at 3,000.77. At the close of market activities, the prices of 2 advanced, 11 declined and 6 remained with the prices unchanged, all being based on the last prices at which securities were traded.
Trading ended with an average of 44,842 units for an average of $190,652 in contrast to 98,546 units for an average of $622,606 on Tuesday. The average volume and value for the month to date amounts to 144,864 units valued at $646,228 and 152,558 units at an average value of $681,272, previously. In contrast, August closed with average of 234,437 units valued at $1,295,260 for each security traded.
Trading ended with the market sentiments looking negative and having implications for the upcoming trading day’s activity as 2 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of the market the volume of stocks changing hands and their last traded price are: Access Financial concluding dropping $6.50 to $40, with 500 shares, AMG Packaging finishing 15 cents higher at $3.15, with 10,500 units. Cargo Handlers finished with a loss of 10 cents at $11.10, with 8,973 stock units, Caribbean Cream concluded trading with a loss of 40 cents at $5.90, with 3,993 shares changing hands, Caribbean Producers settled with a loss of 10 cents at $3.80, with 91,286 units, Consolidated Bakeries settled at $2.40, with 3,451 shares, Express Catering finished with a loss of 30 cents at $4.20, with 35,132 units, Eppley ended at $12, with 1,000 shares, General Accident closed with a loss of 30 cents at $2.70, with 14,000 units, Honey Bun settled at $4.05, with 2,700 units, Jamaican Teas fell 40 cents to $3.80, with 98,851 stocks trading, Jetcon Corporation concluded trading at $4.50, with 53,199 shares, Lasco Distributors lost 1 cent to close at $6.79, with 22,960 units, Lasco Financial settled with a loss of 4 cents at $3.95, with 302,760 stocks trading, Lasco Manufacturing concluded market activity 5 cents higher at $4.05, with 106,700 shares, Medical Disposables settled with a loss of 20 cents at $4.80, with 33,000 shares, Main Event ended with a loss of 34 cents at $5.28, with 2,348 stock units, Stationery and Office concluded trading at $4.75, with 60,391 shares and tTech settled at $7.55, with just 258 shares.