Junior Market rise moderately – Monday

The Junior Market of the Jamaica Stock Exchange gained moderate grounds on Monday, with the market index rising just 11.54 points to close at 2,630.22, as the prices of 4 securities advanced, 8 declined and 9 remained unchanged, on a day of modest trading.
Trading closed on Monday with 17 securities changing hands, resulting in an exchange of 1,018,603 units valued at $4,155,191 compared to 712,528 units valued at $3,394,119 from 14 securities on Friday.
Trading ended with an average of 59,918 units for an average of $244,423 in contrast to 50,895 units for an average of $242,437 on Friday. The average volume and value for the month to date amounts to 88,937 units valued at $358,933 and previously 129,298 valued at $491,038. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ending with bids higher than the last selling prices and 2 with lower offers.
At the close of the market, CAC 2000 settled 50 cents higher at $6.50, with 27,786 shares, Caribbean Cream traded at $5.30, with 100 units, Caribbean Producers closed with a loss of 11 cents at $3.99, with 53,286 shares trading, Consolidated Bakeries ended with a loss of 5 cents at $1.85, with 100,000 stock units, Dolphin Cove finished at $17, with 100 shares. Express Catering ended trading 3 cents higher at $4.08, with 17,019 stock units, Jamaican Teas concluded trading with a loss of 34 cents at $3.50, with 71,150 units, Jetcon Corporation gained 30 cents at $4.70, with 47,000 shares, Key Insurance settled with a loss of 25 cents at $3.25, with 500 shares. Knutsford Express traded with a loss of 65 cents at $14.15, with 168 units, Lasco Distributors finished trading with a loss of 80 cents at $4.20, with 330,492 shares, Lasco Financial closed 10 cents higher at $4.75, with 65,368 shares, Lasco Manufacturing ended with a loss of 40 cents at $3.30, with 159,985 stock units. Main Event concluded trading at $5.09, with 3,180 units, Medical Disposables finished with a loss of 10 cents at $4.95, with 68,000 shares, Paramount Trading settled at $3.08, with 1,153 shares and Stationery and Office ended trading at $4.80, with 73,316 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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