Junior Market makes strong recovery – Thursday

Junior Market stock trading.

Trading on the Junior Market of the Jamaica Stock Exchange made strong recovery on Thursday with the prices of 12 securities rising, 6 falling and 8 remaining unchanged leading to the market index recovering 51.42 points to close 3,110.57.
Trading ended on Thursday with 26 securities changing hands compared to 30 on Wednesday leading to an exchange of 2,388,739 units valued at $8,494,708, compared to 62,035,877 units valued at $128,041,203 trading on Wednesday.
The average volume traded was 91,875 units for an average of $326,720, in contrast to 2,067,863 units for an average of $4,268,040 on Wednesday. The average volume and value for the month to date, amounts to 325,286 shares valued $800,708 and previously 351,444 shares valued $853,828. In contrast, the average trade in January was 2,245,428 units with a value of $7,372,574 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with higher bids than their last selling prices and 2 closing with lower offers.
At the close of the day’s activities, AMG Packaging ended 30 cents higher at $2.50, with 190,100 stock units changing hands, Blue Power concluded trading of 16,920 units at $5, Cargo Handlers settled with a loss of 20 cents at $14.50, with an exchange of 2,000 shares, Caribbean Cream ended trading of 7,500 shares, at $5.37. Caribbean Flavours traded 12,000 stock units with a rise of $1.85 to close at $18, Caribbean Producers finished trading 6,841 units, with the price moving 5 cents higher to $4.75,  Dolphin Cove fell 5 cents to close at $15.35, trading 150 shares, Everything Fresh finished 5 cents higher at $1.90, with 14,030 stock units trading. Elite Diagnostic settled 31 cents higher at $3.40, with 29,103 units changing hands. Express Catering ended trading 15,500 shares and closed 6 cents higher at $7.06, FosRich Group traded 5,621 shares at $4, Fontana closed 10 cents higher at $4, with an exchange of 1,345,881 shares, General Accident closed 1 cent higher at $4, with 42,042 stock units changing hands. GWest Corporation ended 9 cents higher at $1.45, with an exchange of 8,000 units, Honey Bun concluded trading of 42,960 shares, with a loss of 10 cents at $3.70, Indies Pharma finished with a loss of 16 cents at $2.74, with 164,127 shares passing through the market, Jamaican Teas traded 42,300 units with a loss of 5 cents at $3.95. Jetcon Corporation closed at $3.18, trading 1,500 shares, Knutsford Express  concluded trading of 5,050 stock units and climbed 50 cents higher to $13,  Lasco Distributors  finished at $3.75, with an exchange of 12,784 units, Lasco Financial  rose 15 cents to $4.50, in trading 10,000 shares. Lasco Manufacturing  ended trading 70,310 shares, with a loss of 9 cents at $3.20,  Paramount Trading  closed at $2.40, with 5,981 units changing hands, Stationery and Office  concluded trading of 20,592 shares and rose 40 cents higher to $8.40 and tTech settled at $5.84, in exchanging 23,706 stock units. In the junior market preference segment, CAC 2000 9.5% closed at $1, with 293,741 shares changing hands.

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

 

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