Junior Market retreating

The Junior Market Index dropped 33.82 points to close at 2,965.43 on Friday as a number of stocks suffered sizable losses as investors continue to exist stocks of companies that reported profits recently that have not encouraged much buying interest.
Trading ended with 20 securities changing hands, up from 17 securities on Thursday as volumes remain low although 27 percent ahead of Thursday levels. The market closed with the prices of 5 securities rising, 7 declining and 8 remaining unchanged. Investors exchanged 812,631 units valued at $3,846,042 compared to 639,827 units for $3,060,108 previously.
Market activities for the day ended with an average of 40,632 units for an average of $192,302 in contrast to 37,637 units for an average of $180,006 on Thursday. The average volume and value for the month to date amounts to 59,080 units valued at $290,184 and previously 61,834 units at an average of $304,794. In contrast, October closed with average of 74,690 units valued at $362,548 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 bids higher than their last selling prices and 1 with lower offers.
At the close of the market, AMG Packaging rose 5 cents to $3.20, with 8,034 stock units trading, Blue Power ended trading with a loss of $1 at $44, as just 1,507 shares were exchanged, Cargo Handlers finished 14 cents higher at $10.99, with a mere 500 stock units, Caribbean Cream ended traded 13,145 shares with a loss of 49 cents and ended at $5.50. Caribbean Producers traded at $3.80, with 10,000 units, C2W Music concluded trading at 49 cents, with 6,650 stock units changing hands, Express Catering finished trading with a loss of 5 cents at $4.50, with 54,333 stock units. Eppley closed at $11.50, with 4,000 units, General Accident concluded trading 3 cents higher at $2.73, with 100,000 shares, Honey Bun ended trading at $4.80, with 34,800 shares, Jamaican Teas closed at $4, with 2,650 units. Jetcon Corporation settled at $4.70, with 13,962 shares, Knutsford Express fell $1.60 to $12.20, with 5,500 shares, Lasco Distributors ended with a loss of 50 cents at $5.90, trading 80,111 shares. Lasco Financial ended trading at $4.60, with 239,722 stock units, Lasco Manufacturing rose 5 cents to end at $4.05, with 21,954 units, Medical Disposables ended with a loss of 40 cents at $5.30, with 900 shares trading, Main Event traded 25 cents higher at $5.75, with 53,485 shares. Paramount Trading closed with a loss of 10 cents at $3.30, with 17,450 units and Stationery and Office ended at $5, with 143,928 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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