Junior Market in big drop on Monday

The Junior Market index suffered a big drop of 99.56 points to close at 3,039.10 on Monday with the prices of Cargo Handlers, Caribbean Producers, Express Catering and Lasco Manufacturing ending with sizeable declines.
At the close of market activities, 29 securities changed hands, compared to 25 on Friday, resulting in prices of 8 rising, 13 declining and 8 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ending with bids higher than their last selling prices and 5 with lower offers.
Market activity led to an exchange of just 2,066,861 units valued $9,518,360 compared to of just 274,584 units valued $1,040,256 on Friday. The average trade for the day amounts to 71,271 units for an average of $328,219 in contrast to 10,983 units for an average of $41,610 on Friday. The average volume and value for the month to date amounts to 72,337 units for an average of $281,702 and previously, 72,405 units for an average of $278,724. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, AMG Packaging ended with a loss of 15 cents at $1.95 with an exchange of 18,000 stock units, Blue Power concluded trading of 1,200 units at $4.40, Cargo Handlers dropped 75 cents to end at a 52 weeks’ low of $9.25, while trading 3,000 shares. Caribbean Flavours traded 156 stock units and gained 90 cents in closing at $17, Caribbean Producers finished trading 27,080 units with a loss of 50 cents to close at $4.30, Consolidated Bakeries closed at $2, trading 1,660 shares, Derrimon Trading ended at $3, with 67,370 shares changing hands. Dolphin Cove concluded trading of 50,350 shares 5 cents higher at $12.05, Everything Fresh lost 1 cent to close at $1.57, with an exchange of 235,520 stock units, Elite Diagnostic ended trading 85,125 shares and rose 10 cents to close at $3.60, Express Catering exchanged 383,103 shares but lost $1.48 in closing at $6.50. FosRich Group finished trading 6,000 shares and rose 15 cents to $4.90, Fontana closed with a loss of 2 cents at $4.35, trading 107,414 stock units, GWest Corporation concluded trading with 180,350 shares at $1.31. Honey Bun finished with a loss of 1 cent at $5, with 31,389 shares crossing the exchange after it traded at 52 weeks’ intraday high of $5.33, iCreate settled at 71 cents after falling 9 cents in trading 271,400 shares. Indies Pharma ended trading 49,106 stock units with a loss of 2 cents at $3.06, Jamaican Teas closed with a loss of 14 cents at $4.55, with 1,895 shares changing hands, Jetcon Corporation  ended with a loss of 2 cents at $1.93, exchanging 34,000 shares. KLE Group finished with a loss of 40 cents at a 52 weeks’ low of $2, trading 3,500 units, Knutsford Express  settled at $11.90, trading 7,214 shares, Lasco Distributors  ended trading 17,678 shares, at $3.80,  Lasco Financial  traded 12,311 shares and gained 1 cent to close at $4.70. Lasco Manufacturing  finished trading 32,050 stock units with a loss of 43 cents to end at $3, Main Event closed at $5.10, with 74,133 units changing hands, Paramount Trading  concluded trading of 2,400 shares at $2.10. SSL Venture Capital  closed at $1.70, with 700 shares traded, Stationery and Office settled 3 cents higher at $9.04, with 362,457 stock units trading and tTech rose 1 cent to $6.09, with an exchange of 300 shares.

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

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