Junior Market ekes out minor gain

The Junior Market index inched 1.16 points higher to close at 3,397.08 on Tuesday after dropping sharply by 66.99 points on Monday, with declining stocks exceeding rising ones.
Market activity, resulted in 33 securities changing hands with gains in 9 securities, declines in 16 while the prices of 8 remained unchanged, but CAC 2000 Preference share, closing at a 52 weeks’ low.
Junior Market activity, left the markets average PE at 14.5. Trading ended with an exchange of 11,556,651 shares for $25,163,399 compared to 13,720,939 units for$30,393,491 from 28 securities trading on Monday.
Trading ended with an average of 350,202 units for $762,527 for each stock traded, in contrast to 490,034 units for $1,085,482 on Monday. The average volume and value for the month to date amounts to 261,632 shares at $603,830 compared to an average of 244,025 shares at $572,282 for each security traded. In contrast, November closed with an average of 120,579 shares at $506,880 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investors Choice bid-offer indicator with five stocks ending with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Access Financial surged $5 to end at $35 with 20,000 stock units crossing the exchange, AMG Packaging fell 15 cents in trading of 176,455 units at $1.90, Blue Power ended with a transfer of 6,309 shares, after rising 12 cents to end at $5.97. Cargo Handlers fell 50 cents in trading of 9,357 units at $9.50, Consolidated Bakeries declined by 22 cents to settle at $1.63 after trading 341,522. Dolphin Cove exchanged 6,500 shares to close at $10.90 after falling 20 cents,
In the preference segment, CAC 2000 ended with a loss of 1 cent at a 52 weeks’ low of 90 cents with 50,000 stock units changing hands. Elite Diagnostic traded 5,187 shares to close at $5.59 after falling 16 cents, Everything Fresh inched 1 cent higher in trading 10,000 shares at $1.10, Fosrich lost 7 cents in exchanging 7,532 shares to close at $4.25. Fontana rose 60 cents to $7.80, with 78,705 stock units crossing the exchange, General Accident closed trading of 3,309 units and gained 35 cents to end at $7.50, GWest Corporation lost 6 cents to settle at 99 cents while exchanging 20,000 units, Honey Bun fell 15 cents in an exchange of 12,554 shares to close at $7.90. iCreate traded 29,300 units and gained 2 cents to end at 62 cents, Indies Pharma declined 3 cents in trading of 18,976 units at $3.02, Jetcon Corporation ended market activity exchanging 59,702 shares to close at $1.80 after falling 13 cents. Knutsford Express climbed 50 cents and traded 8,800 shares at $11.50, Lasco Distributors declined 26 cents in trading of 52,105 units at $3.30, Lasco Financial exchanged 1,000 units and put on 20 cents to end at $4.60, Limners and Bards dipped 2 cents in trading of 31,662 units at $2.83. MailPac pulled back 3 cents to end at $1.95 with 10,264,726 shares changing hands, Medical Disposables declined by 40 cents to settle at $7.10 with an exchange of 156,000 units, SSL Venture exchanged 25,000 shares to close at $1.20 after falling 20 cents and tTech ended trading of a mere 77 shares, after rising 5 cents to $5.40.
In the preference segment, CAC 2000 ended with a loss of 1 cent at a 52 weeks’ low of 90 cents with 50,000 stock units changing hands.

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

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