Junior Market in sharp drop – Monday

CAC closed at a new high on Monday.

The Junior Market suffered a sharp 2 percent drop with the index shedding 59.56 points to close at 2,871.76 on Monday, as the prices of 7 securities advanced, 9 declined and 4 remained unchanged.
The market closed with 20 securities changing hands, resulting in 6,699,330 shares valued at $22,327,925 trading, compared to 8 securities trading on Friday with 3,826,595 shares valued at $11,225,879 securities changing hands.
Trading ended with an average of 334,967 units for an average of $1,116,396 in contrast to 212,589 units for an average of $582,881 on Friday. An average of 211,318 units at an average value of $1,500,635 traded, and previously 200,424 units at an average value of $1,534,489. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with the bid higher than the last selling price and 3 with lower offers.
The market will have Elite Diagnostics trading for the first time on Tuesday, following the heavy over subscription of the Initial public issue.
At the close of the market, AMG Packaging ended 10 cents higher at $2.10, with 3,023,130 stock units, Blue Power dropped 79 cents to end trading at $33.01, with 3,500 units, CAC 2000 gained 94 cents to close at an all time high of $9.99, with 935 shares, Cargo Handlers settled at $10.90, with 1,000 shares, Caribbean Cream ended trading with a loss of 20 cents at $5, after 3,715 shares changed hands. Caribbean Producers finished trading 20 cents higher at $4.40, with 1,280 units, Derrimon Trading fell 50 cents to $7, with 8,337 shares, Dolphin Cove finished with a loss of $2.50 at $16, and 6,835 stock units traded, Express Catering fell 10 cents to $4.60, with 10,000 shares. FosRich Group traded with a loss of 10 cents at $2.50, with 5,621 shares, General Accident finished down 4 cents at $2.80, with 101,661 shares, GWest Corporation closed 4 cents higher at $2.74, with 551 stock units, Honey Bun ended at $5.25, with 67,143 units. Jetcon Corporation ended trading at $4.60, with 218,429 stock units, Knutsford Express closed $2 higher at $15, with 617 shares, Lasco Distributors ended with a loss of 17 cents at $4.35, with 83,262 shares, Lasco Financial concluded trading at $5.25, with 43,680 stock units. Lasco Manufacturing finished with a loss of 80 cents at $3.70, with 3,010,717 units, Main Event rose 4 cents to close at $5.80, with 5,909 shares and Stationery and Office finished trading 31 cents higher at $5.51, with 103,008 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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