Junior Market rise but sentiment negative

Caribbean Flavours traded on the Junior Market at a record high of $21.

The Junior Market Index advanced by 12.92 points to close at 3,429.60 at the close of trading closed with 23 securities changing hands, resulting in the prices of 4 securities rising, 7 declining and 9 remaining unchanged.
Market sentiment closed negative on Wednesday and remains negative at the close of trading on Thursday as shown by the IC bid-offer Indicator with more stocks seeming poised to decline than rise by a good margin.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 7 closed with lower offers.
Market activities, resulted in an exchange of 2,433,731 units valued at $8,326,070, compared to 28,223,468 units valued at $66,146,106 trading on Wednesday.
Trading closed with an average of 105,814 units for an average of $362,003 in contrast to 1,045,314 units for an average of $2,449,856 on Wednesday. Trading for the month to date averages 502,180 units for an average of $2,737,706 and on the prior trading day, an average of 521,373 units for an average of $2,852,740. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging ended with the exchanging of 372,400 stock units, and rising 4 cents higher to close at $1.94, Blue Power fell 5 cents to end at $6.50, trading 22,662 units, CAC2000 finished with the trading of 29,525 shares at $15, Caribbean Flavours traded 3,000 stock units to close $1 higher at $19, after hitting an all-time high of $21. Derrimon Trading ended with a loss of 9 cents at $2.85, with 160,500 shares changing hands. Elite Diagnostic finished with a loss of 9 cents at $3.02, after exchanging 37,358 stock units, Everything Fresh closed trading with 108,150 shares changing hands at $2.10. Express Catering ended trading 82,267 shares at $8.20, FosRich Group traded with a loss of 10 cents at $3.60, with 8,726 shares, GWest Corporation closed 10 cents higher at $2.10, in the exchange of 10,000 stock units. Honey Bun ended at $4, with 10,927 units being exchanged, Indies Pharma lost 1 cent with 834,773 shares changing hands to close at $3.39. Iron Rock concluded trading of 210,000 shares, at $4.50, Jamaican Teas settled with a loss of 15 cents at $4.85, with 10,977 shares traded, Jetcon Corporation ended trading 13,860 stock units and lost 30 cents to end at $3.80. KLE Group finished trading at $4, with 300 shares, Knutsford Express closed at $12.50, in the swapping of 1,600 shares, Lasco Distributors ended at $4, exchanging 56,900 shares, Lasco Financial concluded trading 51,530 stock units and rose 2 cents higher to $5.50. Lasco Manufacturing finished at $4, exchanging 5,875 units, Main Event settled with a loss of 30 cents at $6.10, after 3,063 shares traded and Stationery and Office finished trading at $9, with 37,276 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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