I$P hits a new high on Monday.
Trading on the Junior Market on Monday pushed the market index up sharply 2 percent or 52.89 points, to end at 3,213.63. A total of 1,591,968 shares valued at $9,438,771 traded.
On Friday 105,074,102 units valued at over $530,770,260 changed hands. At the close, on Monday, 21 securities changed hands, with 7 advancing and 6 declining, compared to 17 on Friday.
The Junior Market ended trading with an average of 75,808 units for an average value of $449,465 traded, compared to 6,180,830 units for an average value of $31,221,780 on the previous trading day. The average volume and value for the month to date are 603,081 units and $3,307,605. The average volume and value for the month to the previous trading day ended at 640,744 units and $3,511,758. 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 Friday, AMG Packaging closed at $5.50 with 1,733 units changing hands, Blue Power traded 5,895 shares to close at $20.50, Caribbean Cream rose 48 cents in trading 100,000 units to end at $7.98, Caribbean Flavours ended at $12.50 with 300 shares trading, Caribbean Producers fell 4 cents and ended at $3.71 with 103,007 shares trading, Consolidated Bakeries ended trading with a gain of 6 cents with 27,386 shares changing hands, to close at $2.86. C2W Music had 27,386 units changing hands to close at 37 cents, Dolphin Cove lost 6 cents and ended at $20 with 13,000 shares changing hands, General Insurance lost 10 cents and ended at $3.30 with 5,000 shares trading, Honey Bun had 2,391 shares changing hands, to close with a gain of 15 cents 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 15 cents trading 204,689 shares, to close at $4.85, Jetcon Corporation ended at $12.84 with 19,185 shares trading, Knutsford Express closed trading with 15,275 shares at $41, Lasco Distributors shed 39 cents and ended with 272,184 units trading at $6.90, Lasco Financial jumped 59 cents and ended with 8,800 shares changing hands at $4.75, Lasco Manufacturing closed at $5.75 while trading 583,590 shares, Main Event jumped 60 cents trading 31,673 shares to close at $6, Medical Disposables dropped 20 cents and closed at $6.50 with 19,860 units trading, tTech rose 20 cent, trading 2,500 shares to end at $7.50 and Eppley 9.5% preference shares traded 1,000 units to close at $6.02.