Junior Market drops on Tuesday

Jetcon was the leading trade on Tuesday with more than 1.1 m units.

Trading on the Junior Market of the Jamaica Stock Exchange closed on Tuesday with 22 securities changing hands, resulting in an exchange of 2,385,216 shares valued at $10,632,095 compared to 2,888,283 units valued at $19,400,654 on Monday.
At the close of market activities, the prices of 7 advanced, 7 declined and 8 remained with the prices unchanged with the market index falling 30.96 points to 3,044.47.
Trading ended with an average of 108,419 units for an average of $483,277 in contrast to 160,460 units for an average of $1,077,814 on Monday. The average volume and value for the month to date amounts to units 169,320 valued at $728,534 and on Monday 178,020 at an average value of $763,571. 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 mixed for Monday having implications for the next day trading activity as 2 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market the volume of stocks changing hands and their last traded price are: Access Financial traded at $47, with 2,115 shares changing hands, AMG Packaging settled at $3.48, with 25,055 stock units, CAC 2000 settled with a loss of 15 cents at $7.30, with 21,288 shares trading, Caribbean Cream settled with a loss of 20 cents at $6.15, with 1,000 units, Caribbean Producers fell 25 cents to $3.75, with 200,100 stocks traded, Consolidated Bakeries settled at $2, with 5,550 units, Derrimon Trading finished $1.05 higher at $8.05, with 8,245 stock units being swapped. Express Catering traded 20 cents higher at $4.60, with 110,839 stocks, Eppley ordinary ended at $12, with 2,994 shares, Honey Bun ended 60 cents higher at $4.50, with 1,540 units, Jamaican Teas finished at $4, with 94,960 stocks being exchanged, Jetcon Corporation concluded trading with a loss of 12 cents to $4.38, with 1,106,601 stocks, Knutsford Express closed at $15, with 10,941 units, Lasco Distributors finished with a loss of 10 cents at $6.80, as 81,632 shares were traded, Lasco Financial settled 30 cents higher at $4.05, with 231,201 stocks, Lasco Manufacturing traded at $4.08, with 14,250 shares, Medical Disposables settled at $5, with 3,012 units. Main Event traded 1 cents higher at $4.56, with 84,565 stock units, Stationery and Office finished with a loss of 30 cents at $4.50, with 372,562 units, tTech finished 60 cents higher at $7.60, with 3,811 shares and Eppley 9.5% preference share finished 5 cents up at $7.25, with 2,855 stock units.

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