The Jamaica Stock Exchange Junior Market Index dropped 30.33 points to close at 3,332.46 on Friday as 26 securities changed hands, with 6 rising, 14 declining and 6 remained unchanged.
Trading settled with an exchange of 2,670,009 units valued at $10,210,028 compared to 3,125,553 units valued at $7,771,742 from 31 securities changing hands on Thursday.
Trading ended with an average of 102,693 units for an average of $392,693 in contrast to 100,824 units for an average of $250,701 on Thursday. The average volume and value for the month to date amounts to 98,899 units valued at $462,547 and previously 98,703 units valued at $466,158. In contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Blue Power lost 80 cents in trading 3,770 shares to close at $6.90, Caribbean Producers closed trading of 1,000 units and gained 10 cents to end at $4.80, Derrimon Trading fell 28 cents in exchanging 1,399,161 units to close at $2.20. Express Catering ended 30 cents higher at $6.30, with 141,952 stock units trading, Fosrich declined 3 cents with 84,146 units crossing the exchange at $4.84. Fontana ended with a loss of 1 cent at $7.34 with 98,665 stock units changing hands, General Accident closed 47 cents higher at $8.50, with 328,167 stock units trading, GWest Corporation dipped 5 cents in swapping just 100 units at $1.05, iCreate declined 2 cents trading 16,646 units at 70 cents. Indies Pharma lost 9 cents in trading of 32,222 units to end at $3.06, Jamaican Teas declined by 37 cents to settle at $5.93 while trading 151,630 units, Jetcon Corporation climbed 39 cents and exchanged 20,800 shares to close at $1.99 after it traded earlier at a 52 weeks’ low of $1.50. Knutsford Express fell 40 cents in trading of 3,500 units to close at $10.60, Lasco Distributors closed with a loss of 15 cents at $3.35, in swapping of 30,854 shares, Lasco Financial ended market activity exchanging 24,295 shares to close at $4.85 after falling 6 cents. Lasco Manufacturing ended trading with 67,885 shares, after rising 45 cents to end at $5.35, Main Event dipped 96 cents in trading of 7,525 units at $5.02, Stationery and Office Supplies closed trading of 4,300 units and gained 2 cents to end at $11.87. SSL Venture fell 8 cents exchanging 30,900 units at $1.30 and tTech lost 79 cents in trading 2,140 shares to close at $6.
Prices of securities trading for the day are those at which the last trade took place.