Junior Market lost 5% in Q1

The Junior market is down 4.8% for 2019 but the chart is flashing some positives.

The Junior Market closed the first quarter of the year with a decline of 4.8 percent but technical indicators suggest that a major change is coming soon, with the early signals suggesting it could be to the upside.
The market index declined 20.30 points to 3,092.02 as the prices of 9 securities rose, 10 declined and 10 remained unchanged.  At the close of trading, 29 securities changed hands, versus 28 Thursday.
Market activities, was more normal on Friday from Thursday swollen volume, with a 70 percent drop in the day’s volume, to 3,378,621 units for $15,299,931, compared to 11,336,686 units changing hands at $37,683,562 on Thursday.
Trading ended with an average of 116,504 units for an average of $527,584 in contrast to 404,882 units for an average of $1,345,842 on Thursday. The average volume and value for the month to date amounts to 195,942 shares valued at $777,498 compared to 200,568 shares valued at $792,051 on the previous day. In contrast, February closed with an average of 235,225 units valued at $679,790 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 6 with lower offers.
At the close of the market, Access Financial closed with a loss of 60 cents at $46, with 1,000 shares changing hands, AMG Packaging ended with a loss of 10 cents at $2.15, exchanging 2,150 stock units, Blue Power concluded trading with 5,618 units at $4.60, CAC 2000 finished at $12, with 8,000 shares trading. Cargo Handlers settled with a loss of $1.94 at $11.06, with 354,500 shares changing hand, Caribbean Cream ended trading with 2,000 shares, 1 cent higher at $5.55, Caribbean Flavours traded 10,000 stock units 5 cents higher at $17.10, Caribbean Producers rose 17 cents to close at $4.77, with an exchange of 36,500 units. Derrimon Trading ended with a loss of 9 cents at $2.65, with an exchange of 30,400 shares. Everything Fresh finished at $1.51, with 3,000 stock units changing hands, Elite Diagnostic settled at $3, trading 10,000 units, Express Catering ended trading 20,152 shares, with a loss of 20 cents at $7.60, FosRich Group closed at $4, with 20,000 shares changing hands. Fontana finished trading 199,144 shares, at $4.05, General Accident closed 49 cents higher at $4.50, with 9,200 stock units changing hands, GWest Corporation ended with a loss of 5 cents at $1.40, in exchanging 10,000 units, Honey Bun concluded trading of 324 shares with a loss of 1 cent to close at $4.24. iCreate added 1 cent to close at $1.01, with an exchange of 29,400 shares, Indies Pharma finished at $3.09, with 1,946,580 shares changing hands, Iron Rock  settled 44 cents higher at $3.99, with an exchange of 750 shares, Jamaican Teas traded 1,800 units to close at $3.90.  Jetcon Corporation  finished trading 5,865 shares with a loss of 20 cents to close at $2.80. Knutsford Express  closed 80 cents higher to $12.70, with 112,159 stock units changing hands, Lasco Distributors  finished with a loss of 4 cents at $3.85, exchanging 55,627 units, Lasco Financial  settled with a loss of 5 cents at $4.50, with an exchange 145,483 shares, Lasco Manufacturing  ended trading 187,738 shares with a rise of 30 cents to $3.60. Main Event traded 1 cent higher at $5.51, with 4,700 shares, Paramount Trading closed at $2.30, with the trading of 160,106 units and tTech settled at $6, with 6,425 stock units changing hands.

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

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