Junior Market drops volume rises – Friday

Caribbean Producers traded 1.66 million shares and dropped 80 cents.


The Junior Market of the Jamaica Stock Exchange closed with big improvement in volume and value trading on Friday, compared to Thursday’s levels.
The market index dropped 22.54 points to close at 2,970.82 as rising and declining stocks shared the spotlight equally as investors exchanged 24 stocks, compared to 26 on Thursday with prices of 8 rising, 8 declining with 8 remaining unchanged.
Trading resulted in an exchange of 4,264,462 units valued at $16,060,112 as two securities dominated trading volume, compared to 690,056 units valued at $2,672,243 on Thursday.
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.
Trading ended with an average of 177,686 units for $669,171 for each security, in contrast to 26,541 units for an average of $102,779 on Thursday. The average volume and value for the month to date amounts to 91,615 units valued $329,850 and previously, 86,708 units valued $310,507 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 at $42.55, with 386 shares changing hands, AMG Packaging ended 11 cents higher at $2.23, with 4,206 stock units crossing the exchange, CAC 2000 gained 1 cent to close at $11.25, trading 2,000 shares, Cargo Handlers settled with a loss of 1 cent at $10.95, with an exchange of 3,173 shares. Caribbean Cream ended trading 23,007 shares 2 cents higher at $5.30, Caribbean Producers lost 80 cents to close at $4.20, trading 1,662,213 units, Consolidated Bakeries closed at $1.80, with 4,418 shares changing hands, Derrimon Trading ended with a loss of 1 cent at $2.70, with 3, with an exchange of 23,765 shares. FosRich Group traded 1,500 shares with a loss of 30 cents at $4, Fontana finished trading 107,812 shares with a loss of 5 cents at $3.95, General Accident closed at $4.30, while exchanging 61,634 stock units, GWest Corporation ended 2 cents higher at $1.35, trading 97,288 units, iCreate traded 3,800 shares to close at 90 cents. Indies Pharma finished 9 cents higher at $3.10, with 1,972,125 shares changing hands. Iron Rock exchanged 12,967 shares with a loss of 40 cents in closing at $3.50,  Jamaican Teas traded 5,000 units at $3.60,  Jetcon Corporation  finished the trading of 81,080 shares at $2.40, Knutsford Express  closed at $12.50, while trading 600 stock units, Lasco Distributors  finished with a loss of 9 cents at $3.51, with 51,500 units changing hands. Lasco Financial  settled 5 cents higher at $4.05, with $2.93, with an exchange of 59,528 shares, Lasco Manufacturing  ended trading with 60,000 shares, 4 cents higher at $3.20, Main Event traded 8,620 shares after falling 5 cents to $5.80, SSL Venture Capital ended at $1.54, in exchanging 1,640 shares and tTech settled 15 cents higher at $5.15, with 16,200 stock units changing hands.

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

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