Junior Market retreats from record close

The Junior market retreated from record high on Monday.

The Junior Market retreated from the record close when trading resumed on Tuesday, with the market index declining by 23.46 points to close at 3,369.12, to sit just below the previous record closing high of 3,375.24, on May 24, last year.
Trading resulted in 25 securities, compared to 30 that changed hands on Monday, leading to 9 advancing, 9 declining and 7 remaining unchanged. Indies Pharma was the only security that closed at record high on Tuesday, as investors exchanged 2,700,219 units valued at $10,803,399, compared to 1,652,479 units valued at $6,242,412 on Monday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 7 stocks ending with bids higher than their last selling prices, 2 closed with lower offers.
Trading closed with an average of 108,009 units for an average of $432,136 in contrast to 63,557 units for an average of $240,093 on Monday. Trading for the month to date averages 898,015 units for an average of $5,501,550 and on the prior trading day, an average of 1,021,454 units for an average of $6,293,646. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, Access Financial closed at $46, trading 20,000 shares, AMG Packaging ended trading of 80,806 stock units and lost 4 cents in closing at $1.90, Blue Power fell 25 cents in trading 91,899 shares at $5.75, Caribbean Producers traded 215,385 units to close at $6, Derrimon Trading ended with a decline of 99 cents at $3, in the exchange of 457,427 shares. Elite Diagnostic finished at $3.16, with 11,300 stock units changing hands, Everything Fresh rose 3 cents in trading 724,980 shares to end at $2.43, Express Catering ended trading of 77,833 shares, 18 cents higher at $8.18, FosRich Group traded with a loss of 10 cents at $2.90, with 30,160 shares changing hands, GWest Corporation closed at $2.15, with 66,623 stock units trading. Honey Bun fell 10 cents to $3.90, trading 475 units, Indies Pharma gained 36 cents with 317,221 shares changing hands to end at a record closing high of $3.60, Iron Rock concluded trading of 299,025 shares with a fall of 30 cents at $3.20, Jamaican Teas settled at $4.20, exchanging just 1,059 shares, Jetcon Corporation ended trading 69,700 stock units and rose 8 cents higher to $3.95. KLE Group finished trading of 15,000 shares at $3, Knutsford Express closed with a loss of $1.20 at $11.50, with 28,316 shares trading, Lasco Distributors ended 5 cents higher at $4.05, while exchanging 67,800 shares, Lasco Financial concluded trading of 83,248 stock units after falling 13 cents to $5.77. Lasco Manufacturing closed 1 cent higher at $4.01, with 15,416 units being swapped, Main Event settled 4 cents higher at $6.02, trading 6,600 shares, Medical Disposables ended trading of 5,000 shares and gained 3 cents to $6.70, Paramount Trading ended 3 cents higher at $2.75, exchanging 464 shares and Stationery and Office finished trading with a loss of 15 cents at $8.70, with 13,982 stock units trading.

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

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