Junior Market drops again – Friday

Elite Diagnostics closed at a new high of $4.50 on the Junior Market on Friday.

The Junior Market of the Jamaica Stock Exchange fell below the 3,100 points mark on Friday having surged to 3,165.12 at the close of trading on Monday, the highest level since late February this year.
Market activity resulted in 31 securities changing hands, similar to Thursday, resulting in an exchange of 1,842,715 units valued at $6,647,469 compared to 1,571,911 units valued at $7,260,237 on Thursday.
At the close of market activities, the prices of 11 securities advanced, 9 declined and 11 remained unchanged, as one stock rose to an all-time high and one closed at 52 weeks’ low and one at an all-time low. The Junior Market Index declined by 12.42 points to close at 3,096.42.
Trading ended with an average of 59,442 units for an average of $214,434 in contrast to 50,707 units for an average of $234,201 on Thursday. The average volume and value for the month to date amounts to 59,572 shares valued at $229,453 for each security traded compared to 59,608 shares valued at $233,610 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and one with a lower offer.
Stocks with price changes| Access Financial closed at $1.80 higher to $45 in exchanging 280 shares, AMG Packaging closed trading of 34,961 units and gained 10 cents to end at $2, Blue Power fell 45 cents in transferring 5,400 units to close at $4.95. Caribbean Producers lost 45 cents trading 246,806 shares to end at $4.50, Dolphin Cove climbed 25 cents and exchanged 184 shares at $12. Derrimon Trading declined by 11 cents to settle at $2.43 with 197,463 shares changing hands, Express Catering ended with a loss of 1 cent at $6.86 with 8,408 stock units trading, Everything Fresh dipped 2 cents in trading of 142,417 units in closing at $1.35. Elite Diagnostic closed 10 cents higher to a 52 weeks’ high of $4.50, with 10,100 stock units trading, Fosrich Group closed 15 cents higher at $4.40, with 4,200 stock units trading, General Accident closed trading of 27,750 units and gained 25 cents to end at $4.45. Gwest Corporation declined by 3 cents to settle at an all-time low of 95 cents, Indies Pharma dipped 17 cents in trading of 556,867 units at $3.01, Jetcon Corporation lost 2 cents in trading 71,005 shares to close at a 52 weeks’ low of $1.68. Knutsford Express ended trading of 6,808 shares, after rising 1 cent to end at $12.80, Lasco Distributors concluded trading of 76,744 units with a rise of 5 cents to close at $3.40, Lasco Financial climbed 50 cents and exchanged 18,927 shares to close at $4.60. Lasco Manufacturing fell 6 cents in trading of 123,546 units to finish at $4.14, Main Event ended trading with 1,450 shares, after rising 48 cents to end at $7 and Stationery and Office Supplies climbed 10 cents and exchanged 9,934 shares at $9.80.

Prices of securities trading for the day are those at which the last trade took place.

 

About IC Insider.com