Junior Market pulls back – Thursday

Trading on the Junior Market of the Jamaica Stock Exchange ended on Thursday with 22 securities changing hands, down from 26 on Wednesday with 6 securities advancing, 9 declining and 7 remaining unchanged leaving the index 23.48 points lower at 3,176.76.
Market activities resulted in an exchange of 2,993,554 units valued at $10,198,424 compared to 935,202,554 shares trading for $2,856,946,636 on Wednesday.
Trading ended with an average of 136,071 units for an average of $463,565 in contrast to 38,966,773 units for an average of $119,039,443 on Wednesday. The average volume and value for the month to date amounts to units 2,903,607 valued at $9,126,777 and previously 2,980,227 units valued at $9,627,015, In contrast, December ended with an average of 136,222 units at a value of $737,367 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with higher bids than their last selling prices and 3 closing with lower offers.
At the close of the day’s activities, AMG Packaging ended with a loss of 10 cents in trading 235,634 stock units, to close at $2.50, Blue Power concluded trading of 20,700 units and fell of 25 cents to end at $4.95, Cargo Handlers settled with a loss of 49 cents at $15.01, with 29,559 shares. Derrimon Trading ended with a loss of 5 cents at $2.70, with an exchange of 118,491 shares, Elite Diagnostic finished with a loss of 3 cents at $2.85, trading 5,000 stock units, Everything Fresh lost 27 cents and closed trading of 82,577 shares at $1.67, Express Catering settled 7 cents higher at $7.97, with 6,600 units. Fontana rose 35 cents to close at $3.55 with 226,886 shares changing hands, FosRich Group ended trading of 1,508,263 shares with a loss of 5 cents to close at $3.75, Honey Bun closed at $3.80, with 17,600 stock units changing hands, Indies Pharma ended with 129,366 units changing hands at $3, ISP Finance concluded trading of 1,900 shares at $13. Jetcon Corporation settled 15 cents higher at $3.30, with 92,655 shares trading, Knutsford Express  finished trading of 1,465 shares and rose 50 cents higher to $13,  Lasco Distributors  closed with a loss of 10 cents at $3.70, trading 69,196 shares, Lasco Financial  ended 4 cents higher at $4.54, with an exchange of 68,077 shares. Lasco Manufacturing  ended trading with 58,075 stock units, with a loss of 10 cents at $3.20, Main Event finished at $5.90, with 4,429 units, Paramount Trading closed at $2, with 108,345 shares trading, SSL Venture Capital exchanged 1,100 shares to close at $1.95 and Stationery and Office  traded 5,408 shares at $9. In the junior market preference segment, CAC 2000 gained 16 cents and closed at $1.16, with 202,228 shares changing hands.

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

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