Junior Market gives back some gains

After closing higher on four of five days last week with the week closing with a gain of 42 points on Friday, the Junior Market of the Jamaica Stock Exchange lost grounds on the first trading day of the week with the market Index declining 32.01 points to close at 2,581.40.
Trading on the finished with 30 securities changing hands, resulting in an exchange of 4,645,198 units valued at $13,350,189 compared to 2,764,337 units valued at $7,742,462 on Friday.
At the close of market activities, the prices of nine securities advanced, 11 declined and nine remained unchanged.
An average of 154,840 shares for each security traded at $445,006 An average of 154,840 units stock traded on Monday at $445,006 each, in contrast to 86,386 units for an average of $241,952 on Friday. The average volume and value for the month to date amounts to 173,151 units valued at $411,659 and previously 175,086 units valued at $408,136. May closed with an average of 150,274 units valued at $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial declined $2.24 in trading of 4,500 units at $22.51, CAC 2000 lost $1.40 in exchanging 4,718 units at a 52 weeks’ closing low of $8, Cargo Handlers closed 50 cents higher at $7.50, trading 25,181 stock units. Caribbean Assurance Brokers rose 8 cents and ended with 5,133 stock units changing hands at $2.24, Caribbean Producers lost 4 cents in trading of 954,039 units at $2.36, Express Catering ended trading with 16,529 shares, after rising 10 cents to end at $4.30. Fontana dipped 51 cents in trading of 276,289 units at $5.46, Honey Bun ended market activity exchanging 201,000 shares to close at $5.10, after falling 23 cents. iCreate lost 3 cents in trading of 457,276 units at 55 cents, Indies Pharma closed trading of 957,799 units and gained 7 cents to end at $3, Jetcon Corporation closed trading of 106,326 units and gained 20 cents to end at $1.10. Lasco Distributors ended with a loss of 1 cent at $2.95 with 75,054 stock units changing hands, Lasco Financial ended market activity exchanging 7,000 shares to close at $2.51 after falling 13 cents, Lasco Manufacturing ended market activity exchanging 119,598 shares to close at $4, after falling 5 cents. Limners and Bards climbed 35 cents, exchanging 537,280 shares at $2.50. Mailpac Group gained 1 cent with 284,048 shares changing hands at $1.89, Main Event dipped 32cents in trading35,314 units at $4.08, Medical Disposables rose 1 cent to end at $6.70 trading 10,000 shares and SSL Venture declined by 4 cents to settle at 75 cents after 25,931 shares crossed the market.
In the Junior Market preference segment, CAC 2000 9.5% closed trading of 8,000 units and gained 16 cents to end at $1.16 and Derrimon Trading 9% exchanged 5,010 shares with a rise of 5 cents to end at 41.55.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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