Junior Market quietly surging forward

Stationery & Office Supplies climbed to $5.50 on Friday

Trading on the Junior Market of the Jamaica Stock Exchange settled on Friday with 23 securities changing hands, resulting in an exchange of 1,515,647 units valued at $7,693,114 compared to 2,015,630 units valued at $11,835,081 on Thursday.
The market Index surged by 48.58 points to close at 3,034.13, stemming from the prices of 13 securities advancing, 3 declining and 6 remaining with prices unchanged.
Trading ended with an average of 65,898 units for an average of $334,483 in contrast to 125,977 units for an average of $739,693 on Thursday. The average volume and value for the month to date amounts to 75,762 units valued at $353,074 and 79,378 units with an average value of $354,819 previously. In contrast, September closed with average of 116,176 units valued at $538,652 for each security traded.
Trading ended with the market sentiments looking mixed for Monday’s trading activity as 2 stocks ended with bids higher than their last selling prices and 4 with lower offers
At the close of the market, Access Financial closed 80 cents higher at $42, with 15,853 shares changing hands, AMG Packaging added 9 cents to end at $3.49, with 135,101 units trading, Cargo Handlers finished $1 higher at $11, with 415 units, Caribbean Producers traded 5 cents higher at $3.70, with 182,833 units. Eppley closed with a loss of $1 to end at $11, with 5,000 shares changing hands, Express Catering ended trading with a loss of 10 cents at $5, with 433,774 units trading, General Accident traded at $3, with 172,114 stock units, Honey Bun jumped 60 cents higher to $5, with 11,449 shares, Iron Rock ended trading at $3.15, with 5,000 shares. ISP Finance ended 50 cents higher at $18.50, with 2,500 units, Jamaican Teas ended at $4.10, with 60,447 units trading, Jetcon Corporation concluded trading 9 cents higher at $4.99, with 115,923 stock units having been exchanged, KLE Group rose 30 cents higher to $2.80, with 40,000 shares, Knutsford Express finished with a loss of 1 cent at $14.99, after 20,350 units were exchanged. Lasco Distributors traded 5 cents higher at $6.30, with 162,000 shares, Lasco Financial traded 6,955 units at $4.20, Lasco Manufacturing traded at $4, with 42,484 units, Main Event ended trading 21 cents higher at $5.57, after just 3,190 units changed hands, Medical Disposables settled 76 cents higher at $5.50, with 8,800 shares. Paramount Trading rose 40 cents to $3.20, with 2,825 units, Stationery and Office climbed 50 cents to $5.50, with 62,599 shares, tTech ended trading at $7.05, with 18,000 stock units changing hands and in the junior market preference segment, Eppley finished at $6, with 8,035 stock units trading.

About IC Insider.com