Derrimon closed at new 52 weeks’ high on Wednesday.
At the close of market activity, the prices of 5 stocks that traded remained unchanged out of a total of 20 securities trading on Wednesday, with a similar number trading on Tuesday. At the close, one stock Derrimon Trading closed at 52 weeks’ high as investors seem to be responding to a combination of increased first quarter profit and a proposed 10 to 1 stock split to come. A total of 1,732,089 units valued at $7,477,627 traded compared to 1,064,377 units valued at $3,987,642 on Tuesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows7 stocks ending with bids higher than their last selling prices and 5 with lower offers.
Trading ended with an average of 86,604 units for an average of $373,881 in contrast to 53,219 units for an average of $199,382 on Tuesday. The average volume and value for the month to date amounts to 71,831 units valued at $297,781 and previously 64,795 units valued at $261,543. June closed with an average of 139,543 units, valued at $671,002 for each security traded.At the close of trading, Access Financial closed with a loss of 4 cents at $47, with 1,400 shares traded, AMG Packaging fell 2 cents to end at $2.08, with 27,000 stock units, Blue Power concluded trading at $48, with 1,178 units, Caribbean Flavours traded 60 cents higher at $11.60, with 3,905 stock units, Caribbean Producers finished trading after rising 5 cents to $5.60, with 1,521 units. Consolidated Bakeries closed with a loss of 5 cents at $2.05, with 96,800 shares, Derrimon Trading jumped $2.40 to a new all-time high of $18.40, with just 500 shares, Dolphin Cove finished with a loss of $1.80 at $15, while exchanging 20,000 stock units, Elite Diagnostic settled with a loss of 8 cents at $2.97 trading 65,477 units.
Express Catering traded 4,427 shares with a loss of 45 cents to $7.05, GWest Corporation ended with a loss of 10 cents at $2.40, exchanging 10,919 units, Jamaican Teas eased down by 1 cent to $4.99, with 1,120 stock units, Jetcon Corporation traded 154,528 units. at $4.10, Lasco Distributors concluded trading 1 cent higher at $4.20, with 430,142 stock units, Lasco Financial finished at $4.99, trading 497,156 units. Lasco Manufacturing settled 20 cents higher at $4.20, with 223,000 shares, Paramount Trading traded 25,143 stock units and finished trading at $2.97, Stationery and Office closed 54 cents higher at $8.50, with 12,615 units trading and tTech concluded trading at $6, with 5,000 shares changing hands.Prices of securities trading for the day are those at which the last trade took place.
