Junior Market in sharp drop – Tuesday

The Junior Market Index plunged 41.37 points to close at 3,048.01 at the close of the market on Tuesday as 29 securities changed hands, compared to 30 on Monday, resulting in the prices of 9 advancing, 12 declining and 9 remaining unchanged.
Trading on the Junior Market ended with an exchange of 1,394,594 units valued at $4,925,622 compared to 1,085,258 units valued at $4,012,944 on Monday. Jetcon traded at a 52 weeks’ low of $1.60 and GWest hit an all-time low of 80 cents.
Trading ended with an average of 48,089 units for an average of $169,849 in contrast to 36,175 units for an average of $133,765 on Monday. The average volume and value for the month to date amounts to 54,449 shares valued at $206,685 for each security traded compared to 55,515 shares valued at $212,860 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and no stock closed with a lower offer.
Stocks with price changes| AMG Packaging closed 10 cents higher at $2, with 16,050 stock units trading, CAC 2000  lost 24 cents in trading 2,708 shares to close at $12.76, Cargo Handlers climbed 50 cents exchanging 3,000 shares at $9.50, Caribbean Producers closed 25 cents higher at $4.75, with 500 stock units trading. Derrimon Trading fell 7 cents with 432,928 units changing hands at $2.43, Everything Fresh climbed 5 cents and exchanged 13,800 shares at $1.40, Elite Diagnostic ended market activity in exchanging 29,783 shares to close at $4.63 after falling 22 cents, Fosrich Group closed with a loss of 64 cents at $4.01, swapping 21,105, shares. General Accident traded 10,650 after declining 25 cents to settle at $4.20, GWest Corporation declined 10 cents in trading of 10,000 units to close at an all-time low of 80 cents, Indies Pharma fell 9 cents in trading of 263,475 units at $3.01, Jamaican Teas shed 15 cents trading of 15,500 units at $4.41. Jetcon Corporation climbed 2 cents and exchanged 14,163 shares at $1.70, Knutsford Express ended with a loss of 1 cent at $11.50 with 9,069 stock units changing hands, Key Insurance closed with a loss of 3 cents at $3, in swapping of 15,584, shares, Lasco Distributors shed 20 cents in trading of 125,744 units at $3.20. Lasco Financial closed trading of 13,876 units and gained 11 cents to end at $4.60, Lasco Manufacturing ended trading with 184,720 shares, after rising 9 cents to end at $4.10, Consolidated Bakeries closed trading of 1,102 units and gained 10 cents to end at $1.90. Stationery and Office Supplies shed 15 cents in trading of 3,318 units at $9.35 and tTech closed 40 cents higher at $5.20, with 20,000 stock units trading.

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

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