Junior Market jumps on higher volume

Junior Market stock market trading.

Trading on the Junior Market of the Jamaica Stock Exchange closed on Tuesday with more stocks falling with than rising as volume traded rose from Monday’s level.
At the close of trading 29 securities changed hands, similar to Monday and ending with the prices of 9 rising, 12 falling and 8 remaining unchanged.
The market Index jumped 57 points to close at 3,147.61 as 1,838,031 units valued $6,450,946 changed hands, compared to 1,283,687 units valued at $4,603,678 on Monday.
Trading ended with an average of 63,380 units for an average of $222,446 in contrast to 44,265 units for an average of $158,748 on Monday. The average volume and value for the month to date amounts to units 158,863 for an average of $666,815, previously, 164,896 for an average of $694,891. In contrast, May ended with an average of 81,626 units for $311,248 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 6 with a lower offer.
At the close of the market, AMG Packaging closed trading of 43,200 units and gained 1 cent to end at $2, Blue Power ended trading with 1,000 shares, after rising 30 cents to end at $4.75, Cargo Handlers rise $1.30 in trading 200 shares at $10.50, Caribbean Cream ended trading of 4,662 units at $5.27. Caribbean Producers closed trading of 58,622 units and gained 14 cents to end at $4.90, Consolidated Bakeries lost 23 cents trading 77,148 units to close at $1.77. Derrimon Trading at $2.59 with 57,558 stock units changing hands, Dolphin Cove traded 5,100 shares to end at $11.75, Elite Diagnostic exchanged 141 shares and declined by 3 cents to settle at $3.97, Everything Fresh exchanged 100,000 units at $1.40, Express Catering declined by 40 cents to settle at $6.75, with an exchange of 37,840 units. FosRich Group closed with a loss of 5 cents at $4.95, in the swapping of 6,208 shares, Fontana closed 11 cents higher at $4.51, with 171,655 stock units changing hands after the price hit an intraday all-time high of $4.96, GWest Corporation closed with 102,148 units changing hands at $1.02. General Accident lost 3 cents in trading of 17,684 units at $4.07. Honey Bun closed at $6.50 after hitting a new all-time high of $7.33 in trading 34,500 shares after dropping 50 cents, iCreate ended with a loss of 1 cent at to close at 79 cents with 201,050 stock units changing hand, Indies Pharma traded 79,119 shares, after rising 5 cents to end at $3.12. Jamaican Teas shed 35 cents in trading of 35,443 units to close at $4.35. Jetcon Corporation lost 2 cents in trading of 23,100 units at $1.85, Knutsford Express concluded trading of 14,883 shares at $12.50, Lasco Distributors shed 24 cents in trading of 339,755 units at 52 weeks’ low of $3.15, Lasco Financial dipped 15 cents in trading of 166,950 units to close at $4.50. Lasco Manufacturing hit a 52 weeks’ high of $4.50 but lost altitude by the close to finish trading 112,917 shares at $4.30, Main Event settled at $6.90 after 126,857 shares were traded, Medical Disposables climbed 30 cents and exchanged 1,000 shares at $7. Paramount Trading closed 42 cents higher at $2.45, with 5,800 stock units trading and Stationery and Office closed trading of 500 units and gained 30 cents to end at $9.90. In the junior market preference segment, CAC2000 preference share closed with a loss of 10 cents at $1, after swapping of 12,991 shares.

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

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