Junior Market plunges – Tuesday

The Jamaica Stock Exchange Junior Market plunged 68.65 points to close at 3,345.54 when trading ended on Tuesday with 9 securities gaining, 12 falling and 6 remaining unchanged.
At the close, 27 securities changed hands, resulting in an exchange of 1,065,015 units valued at $6,766,034 changing hands, compared to 5965,495 units valued at $4,089,873 from 26 securities trading on Monday.
Trading ended with an average of 39,445 units for an average of $250,594 in contrast to 37,134 units for an average of $157,303 on Monday. The average volume and value for the month to date amounts to 91,914 shares at $480,765 and previously 119,158 units valued at $600,278, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security crossing the exchange.
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 3 with lower offers.
At the close of the market, Access Financial dropped $1.95 in exchanging of 34,536 shares to close at $32.55, AMG Packaging closed trading of 5,850 units and gained 15 cents to end at $2.05, Blue Power closed with 2,740 stock units changing hands and gained 20 cents to end at $7.10. Caribbean Producers ended with 10,376 shares crossing the exchange, after rising 5 cents to end at $4.80, Express Catering climbed 9 cents and exchanged 25,839 stock units at $6.10. Elite Diagnostic lost 30 cents in trading 17,851 shares to close at $5.50, Fosrich fell 8 cents in the trading of 21,248 units at $4.70, Fontana shed 50 cents in trading of 280,056 stock units at $7.50, General Accident dipped $1.15 in trading of 50,000 shares at $7. GWest Corporation closed 4 cents higher at $1.15, with 3,300 stock units trading, Honey Bun fell 20 cents in trading of 500 units at $6.30, iCreate closed with a loss of 2 cents at 69 cents in the swapping of 7,851 shares, Jamaican Teas traded 27,723 units and gained 25 cents to end at $6.25. Jetcon Corporation ended market activity exchanging 21,000 shares to close at $1.80 after falling 19 cents, Knutsford Express climbed 1 cent and exchanged 15,028 shares at $10.41. Lasco Distributors ended trading with 205,849 stock units, after rising 29 cents to end at $3.59, Lasco Financial closed 20 cents higher at $5.30, with 20,850 stock units trading. Lasco Manufacturing fell 25 cents in trading 28,700 units in closing at $5.25, Medical Disposables lost 50 cents with 500 shares changing hands to close at $7.50, Stationery and Office Supplies exchanged 61,988 shares to close at $12.11 after falling 6 cents and SSL Venture lost 29 cents trading 12,508 shares to close at 1.30 cents.

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

About IC Insider.com