Junior Market sentiments weakened

Trading on the Junior Market of the Jamaica Stock Exchange finished on Thursday with 16 securities changing hands, resulting in an exchange of only 468,877 units valued at $2,858,513 compared to 852,002 units valued at $3,622,384 on Wednesday.
At the close of market activities, the prices of 5 advanced, 5 declined and 6 remained with the prices unchanged leading to a rise of 3.28 points to 3,004.05 for the Junior Market Index.
Trading ended with an average of 29,305 units for an average of $178,657 in contrast to 44,842 units for an average of $190,652 on Wednesday. The average volume and value for the month to date amounts to 137,160 units valued at $615,057 compared to 144,864 shares with an average of $646,228, previously. In contrast, August closed with average of 234,437 units valued at $1,295,260 for each security traded.
Trading ended with the market sentiments looking very weak and having negative implications for the Friday’s trading activity. Just 1 stock ended with the bid higher than their last selling price and 8 with lower offers.
At the close of the market the volume of stocks changing hands and their last traded price are: Access Financial concluding trading $2 higher to $42, with 500 stock units, Cargo Handlers concluded trading with a loss of 10 cents at $11, with 125,525 units, Caribbean Cream finished at $5.90, with 3,100 stocks trading, Caribbean Producers settled at $3.80, with 122,411 stocks units, Express Catering rose 27 cents to $4.47, with 1,271 shares,Honey Bun settled with a loss of 25 cents at $3.80, with 8,606 stocks changing hands. Jamaican Teas ended at $3.80, with 62,997 units, Jetcon Corporation settled at $4.50, with 58,092 stocks changing hands, Knutsford Express finished at $14.50, with 1,212 shares, Lasco Distributors closed 1 cents higher at $6.80, with 281 stock units, Lasco Financial closed with a loss of 2 cents at $3.93, with 21,168 units. Lasco Manufacturing ended with a loss of 5 cents at $4, with 11,454 shares, Medical Disposables ended with a loss of 30 cents at $4.50, with 2,620 stocks, Main Event gained 32 cents and ended at $5.60, with 31,572 stocks, Stationery and Office finished 10 cents higher at $4.85, with 12,968 shares and tTech settled at $7.55, with 5,100 stocks trading.