Junior Market opens November down

The pattern of mostly rising month end prices followed by mostly falling prices to start the new month was on show again, with the Junior Market recording just 4 stocks rising on first of November while 13 declined thus reversing the 11 to 5 advance decline ratio on the last day of October.
Trading ended with 23 securities changing hands, versus 25 on Wednesday, with 1,326,877 units valued at $5,969,489 changing hands, compared to 7,039,541 units valued at $46,203,913 on Wednesday. At the end of trading the Junior Market Index declined 33.05 points to close at 3,273.51.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 9 stocks ending with bids higher than their last selling prices, while 3 closed with lower offers.
Trading ended with an average of a mere 57,690 units for an average of $259,543 in contrast to 281,582 units for an average of $1,848,156 on Wednesday. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, AMG Packaging ended 15 cents higher at $1.95, in exchanging 3,230 stock units, before the company released full year results showing profit from continuing operations of $38 million versus $37 million in 2017 or 7 cents per share. The company incurred loss from discontinued operation of $68 million. CAC 2000 finished at $16, trading 30,520 shares, Caribbean Producers finished trading 53,086 units with a loss of 55 cents to close at $6, Derrimon Trading ended with a loss of 32 cents at $2.50, with 165,200 shares changing hands, Dolphin Cove concluded trading of 77,348 shares with a loss of 15 cents at $14.85. Elite Diagnostic closed 1 cent higher at $3.18, with an exchange of 19,090 stock units, Eppley settled with a loss of 5 cents at $8.10, trading 3,670 units, Everything Fresh fell 6 cents in trading 131,509 shares, to close at $2, Express Catering ended trading 3,500 shares with a loss of 2 cents at $7.83, FosRich Group traded 54,753 shares with the price rising 14 cents higher to $3.19. Honey Bun ended with a loss of 33 cents at $3.81, with an exchange of 82,875 units, Indies Pharma closed at $3.30 with 38,362 shares changing hands, Jamaican Teas settled 10 cents higher at $4.10, with 1,186 shares changing hands, Jetcon Corporation ended trading with of 27,349 stock units with a loss of 14 cents at $3.71, Knutsford Express closed with a loss of 20 cents at $11.80, trading 400 shares. Lasco Distributors ended at $4, while exchanging 258,017 shares, Lasco Financial concluded trading of 96,042 stock units, with a loss of 5 cents at $5.40. Subsequent to the close of trading the company reported net profit after tax falling 39 percent for the second quarter to September to $61 million. Lasco Manufacturing finished with a loss of 36 cents at $3.30, with 17,100 units changing hands, Main Event settled with a loss of 40 cents at $6.10, in swapping 12,504 shares. Medical Disposables ended trading 2,000 shares, with a loss of 1 cent to close at $9, Paramount Trading to close at $2.75, with 235,512 shares changing hands, SSL Venture Capital traded 1,827 shares at $2 and Stationery and Office finished trading 11,797 stock units with a loss of 50 cents to close at $9.
Prices of securities trading for the day are those at which the last trade took place.

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