Junior Market inched higher – Monday

Trading on the Junior Market of the Jamaica Stock Exchange ended on Monday with the market index rising 9.15 points to 3,075.43, with 18 securities changing hands as 7 advanced, 7 declined and 4 remained with the prices unchanged.
Market activities resulted in an exchange of 2,888,283 units valued at $19,400,654 compared to 6,448,734 units valued at $22,892,348 on Friday.
Trading ended with an average of 160,460 units for an average of $1,077,814 in contrast to 268,697 units for an average of $953,848 on Friday. The average volume and value for the month to date amounts to 178,020 units at an average of $763,571 versus 180,947 valued at $711,197 previously. In contrast, August closed with average of 234,437 units valued at $1,295,260 for each security traded.
Trading ended with the market sentiments looking mixed and having implications for the coming trading day’s activity as 2 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market the volume of stocks changing hands and their last traded price are: AMG Packaging concluded trading 8 cents higher at $3.48, with 12,625 stocks, Blue Power rose 40 cents to $44.90, with 151,071 stock units, Caribbean Cream closed 5 cents higher at $6.35, with a mere 400 stock units, Cargo Handlers traded 199,195 shares with a loss of 60 cents to end at $10.40, Caribbean Producers finished 89 cents higher at $4, with 1,000 stock units, Consolidated Bakeries closed at $2, with 14,723 stock units changing hands, Express Catering concluded trading with a loss of 10 cents at $4.40, with 5,101 shares, Eppley closed at $12, with 1,446 units, Honey Bun fell 65 cents to $3.90, with 611,425 stock units, Jamaican Teas closed at $4, with 81,677 units, Jetcon Corporation traded 2 cents higher at $4.50, with 5,594 shares, Key Insurance traded 90 cents higher at a record high of $4, with 784 shares, Lasco Distributors concluded trading with a loss of 9 cents at $6.90, with 86,000 stock units, Lasco Financial traded 5 cents higher at $3.75, with 22,282 shares, Lasco Manufacturing traded with a loss of 22 cents at $4.08, with 1,546,729 shares, Main Event settled with a loss of 5 cents at $4.55, with 38,624 stocks, Stationery and Office lost 18 cents to end at $4.80, with 108,607 units and Derrimon Trading preference share finished at $2, with 1,000 units,

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