Junior Market rises on reduced volume – Thursday

The Junior Market of the Jamaica Stock Exchange closed with reduced volume and value on Thursday, compared to Wednesday’s levels, but the market index gained 27.85 points to close at 2,993.36.
At the close of the market, investors exchanged 26 stocks, compared to 22 on Wednesday with prices of 9 rising, 11 declining with 6 remaining unchanged. Trading resulted in an exchange of just 690,056 units valued at $2,672,243, compared to 723,588 units valued at $2,470,037 on Wednesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 3 with lower offers.
Trading ended with an average of 26,541 units for an average of $102,779 in contrast to 32,890 units for an average of $112,274 on Wednesday. The average volume and value for the month to date amounts to 86,708 units valued $310,507 and previously, 90,668 units valued $324,180 for each security traded. In contrast, March closed with an average of 195,942 shares valued at $777,498 for each security traded.
At the close of the market, Access Financial ended with a loss of $2.45 at $42.55, with an exchange of 500 shares, AMG Packaging fell 3 cents to $2.12, with 70,575 stock units changing hands, Blue Power concluded trading of 500 units, at $4.40. CAC 2000 finished with a loss of 76 cents at $11.24, with 1,761 shares traded, Caribbean Producers finished trading 18,510 units with a gain of 15 cents to close at $5, Derrimon Trading ended at $2.71, with an exchange of 1,400 shares, Dolphin Cove closed $1 higher at $14 in trading of 4,193 shares. Everything Fresh finished with a loss of 2 cents at $1.48, with 38,800 stock units changing hands, Elite Diagnostic settled with a loss of 4 cents at $2.93, with an exchange of 18,229 units, Express Catering ended trading of 13,114 shares and rose 89 cents to $8. FosRich Group traded 40 cents higher at $4.30, with 3,000 shares crossing the exchange, Fontana finished trading with 136,013 shares, and rose 5 cents higher to $4, General Accident closed 30 cents higher at $4.30, with an exchange of 940 stock units. iCreate closed trading at 90 cents, in exchanging 40,000 shares. Indies Pharma finished at $3.01, trading 54,588 shares, Iron Rock settled with a loss of 10 cents at $3.90, with 100 shares changing hands, Jamaican Teas  traded 5,500 units, with a loss of 40 cents at $3.60,  Jetcon Corporation  finished trading with 101,986 shares and lost 9 cents to close at $2.40. Knutsford Express  concluded trading 20 cents higher at $12.50, with 2,262 stock units, Lasco Distributors  finished with a loss of 3 cents at $3.60, with 5,150 units, Lasco Financial settled at $4, with 1,020 shares, Lasco Manufacturing ended trading with a loss of 4 cents at $3.16, with 2,350 shares. Main Event traded 46 cents higher at $5.85, with 7,042 shares, SSL Venture Capital ended with a loss of 6 cents at $1.54, with 17,203 shares, Stationery and Office concluded trading 50 cents higher at $7.50, with 117,355 shares and tTech settled at $5, with 27,965 stock units.

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

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