Junior market jumps 2.3% by 72 points

Lasco Manufacturing traded at an intraday high of $6.25 on Tuesday.


The Junior Market of the Jamaica Stock Exchange traded up more than 129 points just after midday on Tuesday, to hit a new intraday record high of 3,261.11 points with Lasco Manufacturing trading at a new high of $6.25 with over 4 million shares trading and Lasco Distributors trading up to $7.30 with 569,000 shares well ahead of the close.
The market index has since slipped back to close sharply up by 2.3 percent or 71.93 points, to end at 3,203.56 with a 6,965,751 shares valued at $41,054,916 trading. By close, declining stocks outnumber advancing stocks 9 to 4 with 20 securities changing hands versus 21 on Monday with 1,591,968 units valued at $9,438,771 changing hands.
The Junior Market ended trading with an average of 348,288 units for an average value of $2,052,746 traded, compared to 75,808 units for an average value of $449,465 on the previous trading day. The average volume and value for the month to date are 587,157 units and $3,229,177. The average volume and value for the month to the previous trading day ended at 603,081 units and $3,307,605. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 9 stocks having bids higher than their last sale prices and 2 ending with lower offers, than their last traded price.
At the close of the market on Monday, Access Financial Services jumped $4.75 to $41.75 in trading traded 2,000 units, AMG Packaging lost 50 cents in closing at $5 with 13,814 units changing hands, Cargo Handlers traded 23,977 shares to close at $20.50, Caribbean Cream lost 44 cents in trading 188 units to end at $7.54, Caribbean Flavours ended at $12.50 with 1,000 shares trading, Caribbean Producers lost 1 cent and ended at $3.70 with 365,081 shares trading, Consolidated Bakeries ended trading with a gain of 4 cents with 339,160 shares changing hands, to close at $2.90. C2W Music had 27,386 units changing hands to close at 37 cents, Dolphin Cove rose 8 cents and ended at a 52 weeks’ closing high of $20.08 with 240 shares changing hands, General Insurance ended at $3.30 with 1,500 shares trading, Honey Bun had 3,944 shares changing hands, to close at $7.40, ISP Finance rose 93 cents to end at a 52 weeks’ closing high of $17.03 with 500 units. Jamaican Teas fell 13 cents trading101,650 shares, to close at $4.72, Jetcon Corporation fell 4 cents and ended at $12.80 with 24,015 shares trading, Knutsford Express closed trading with 61,726 shares at $41, Lasco Distributors rose 8 cents and ended with 621,283 units trading at $6.98, Lasco Financial lost 24 cents and ended with 10,000 shares changing hands at $4.51, Lasco Manufacturing dropped 49 cents to close at $5.26 while trading 5,336,241 shares, Main Event lost 1 cent trading 16,340 shares to close at $5.99, Medical Disposables dropped 50 cents and closed at $6 with 42,173 units trading and Eppley 9.5% preference shares traded 1,419 units at $6.02.

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