Junior Market drops again – Thursday

Junior Market trading.

Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Thursday with more stocks declining than rising for a third day, leading to another fall in the market index of 26.87 points to 3,082.74.
At the close of market activities, 23 securities changed hands, compared with 28 securities trading on Tuesday and ending with the prices of 8 securities advancing, 13 declining and 2 remaining unchanged.
The market closed with 2,723,771 units valued at $7,748,383 compared to 3,968,653 units valued at $16,061,548, trading on Tuesday.
Trading ended with an average of 118,425 shares valued 336,886 each compared to 141,738 units for an average of $573,627 on Tuesday. The average volume and value for the month to date amounts to 158,840 shares valued at $622,459 compared to 170,040 shares valued at $701,594 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of trading, Access Financial lost $4 and closed at $49, with 5,313 shares changing hands, AMG Packaging lost 11 cents to end at $2.20, trading 252,300 stock units, Cargo Handlers settled at $12.85 with a loss of 5 cents, in exchanging 3,101 shares, Caribbean Cream rose 5 cents trading of 3,500 shares to close at $5.25. Caribbean Flavours traded 1,580 stock units with a fall of $2.01 to close at $18.49, Caribbean Producers finished trading 2,500 units and lost 3 cents to end at $4.47, Derrimon Trading ended 2 cents down at $2.91, with 15,720 shares changing hands, Everything Fresh fell 10 cents to close at $1.55, with 34,600 stock units trading. Express Catering ended trading with 3,025 shares, for a loss of 7 cents at $7.88, Fontana finished trading 145,041 shares, with a rise of 4 cents at $4, FosRich Group climbed 15 cents in trading 116,294 shares, to end at $4, General Accident shed 20 cents in closing at $4.30, with an exchange of 158,226 stock units. Honey Bun concluded trading of 14,006 shares with a loss of 5 cents at $3.70, investors gobbled up 450,683, iCreate shares, to close with a gain of 5 cents at 95 cents, Indies Pharma  rose 4 cents to $3, with 520,129 shares trading, Jamaican Teas  traded 52,575 units at $3.85, Knutsford Express  concluded trading of 1,289 stock units at $12. Lasco Distributors  finished 4 cent higher at $3.75, in exchanging 210,134 units, Lasco Financial  settled with a loss of 29 cents at $4.51, in trading just 2,150 shares, Lasco Manufacturing  added 1 cent and ended trading at $3.01, with 347,874 shares changing hands. Main Event  traded 56,028 shares with a loss of 79 cents at $4.56, Medical Disposables finished trading 6,500 stock units with a gain of 25 cents to close at $6.80, SSL Venture Capital lost 25 cents to end at $1.70, trading 321,203 shares.

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

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