The Junior Market of the Jamaica Stock Exchange lost more ground on Tuesday and closed April with a 5 percent fall in value, bringing the four months losses to 9.4 percent compared to a 5.8 percent rise for the All Jamaica index.
At the close of market activities, the market index lost 22.89 points to close at 2,941.54 as the prices of 9 securities advanced, 12 declined and 4 remained unchanged as 24 securities changed hands, compared to 23 on Monday. The volume and value trading climbed to 2,022,568 units valued $7,237,526 compared to 486,748 units at $2,074,395 on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 5 with lower offers.
Trading ended with an average of 84,274 units for an average of $301,564 in contrast to 21,163 units for an average of $90,191 on Monday. The average volume and value for the month to date amounts to 87,963 units valued $317,267 and previously, 88,152 units valued $318,072 for each security traded. In contrast, March closed with an average of 195,942 shares valued at $777,498 for each security traded.
At the close of the market, Access Financial closed trading at $42.55, with an exchange of 100 shares, AMG Packaging ended at $2.23, with 22,311 stock units changing hands, Blue Power concluded trading 3,522 units, with a loss of 20 cents at $4.20, Cargo Handlers settled 5 cents higher at $11, in swapping 6,749 shares. Caribbean Cream ended trading of 200,539 shares with a loss of 23 cents at $5.27, Caribbean Producers gained 30 cents to close at $4.50, with 6,000 units changing hands, Derrimon Trading ended with a loss of 1 cent at $2.79, after trading 39,455 shares, Dolphin Cove concluded trading 6,655 shares at $12.05. Express Catering ended trading 1,000 shares with a loss of 30 cents at $7.20, Fontana finished trading 226,067 shares, 1 cent higher at $4, General Accident closed with a loss of 30 cents at $4, exchanging 7,500 stock units, GWest Corporation ended 4 cents higher at $1.35, trading 4,000 units. Honey Bun concluded trading of 2,500 shares with a loss of 1 cent at $3.99, iCreate lost 1 cent in trading 30,300 shares to close at 89 cents. Indies Pharma finished 5 cents higher at $3.25, with 1,160,900 shares changing hands, Iron Rock settled at $3.50, with 6,256 shares crossing the exchange, Jamaican Teas rose just 1 cent trading 29,188 units to end at $3.51, Jetcon Corporation finished trading 5,000 shares with a loss of 5 cents at $2.30. Knutsford Express concluded trading of 650 stock units with a loss of 99 cents at $12, Lasco Distributors closed with a gain of 17 cents at $3.69, in transferring 157,383 units, Lasco Financial rose 15 cents higher to close at $4.20, with 53,532 shares trading, Lasco Manufacturing ended trading 27,045 shares with a loss of 11 cents at $3.09. Paramount Trading closed with a loss of 22 cents at $2.25, with an exchange of 8,987 units and Stationery and Office concluded trading 10 cents higher at $6.85, with 16,929 shares.
Prices of securities trading for the day are those at which the last trade took place.