The Junior Market Index fell at the close of trading on Wednesday, slipping 14.95 points to close at 2,702.60, in a moderate trading session of an exchange of 1,730,062 units valued at $6,203,083 compared to 1,755,909 units valued at $6,431,725 from 21 securities changing hands on Tuesday.
Market activity ended with 24 securities changing hands versus 26 on Tuesday, with gains in the prices of 7 securities, declines in 6 with 11 closing unchanged.
Trading ended with an average of 72,086 units for an average of $258,462 in contrast to 67,535 units for an average of $247,374 on Tuesday. For the month to date an average of 100,840 shares valued at $397,948 and previously, an average of 103,494 shares valued at $410,824. December closed with an average of 568,732 units valued at $3,447,957 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 1 stock ending with the bid higher than the last selling price and 7 with lower offers.
At the close of the market, AMG Packaging ended 5 cents higher at $2.55, with 1,114 stock units, CAC 2000 finished 69 cents higher at $8, with 6,528 shares, Cargo Handlers settled at $10, with 3,000 shares, Caribbean Cream ended trading at $5, with 6,000 shares, Caribbean Flavours traded at $11.50, with 500 stock units. Caribbean Producers finished trading 2 cents higher at $4.30, with 80,304 units, Consolidated Bakeries closed 70 cents higher at $2.70, with 39,666 shares, Derrimon Trading concluded trading at $7, with 34,800 shares, Express Catering ended trading at $4.50, with 13,900 shares. FosRich Group traded at $2.50, with 85,073 shares, GWest Corporation closed 1 cent higher at $2.82, with 604,000 stock units, Honey Bun ended 14 cents higher at $4.14, with 40,711 units, Iron Rock concluded trading at $2.86, with 590 shares. Jamaican Teas settled with a loss of 11 cents at $4.50, with 17,808 shares, KLE Group finished trading at $2.30, with 12,195 shares, Knutsford Express closed at $15, with 40,562 shares, Lasco Distributors ended 34 cents higher at $3.50, with 592,136 shares. Lasco Financial concluded trading with a loss of 21 cents at $5.09, with 17,282 stock units, Lasco Manufacturing finished with a loss of 8 cents at $3.40, with 103,187 units, Main Event settled with a loss of 1 cent at $5.40, with 600 shares, Medical Disposables ended trading with a loss of 5 cents at $4.95, with 3,926 shares. Paramount Trading traded with a loss of 1 cent at $3.49, with 9,400 shares and Stationery and Office finished trading at $4.80, with 16,680 stock units. In the junior market preference segment, Eppley 9.5% finished at $7.20, with 100 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market slide continues
January 17, 2018 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, CAC2000, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Emerging markets, Express Catering, FosRich, GWest, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity
About IC Insider.com