Junior Market slips again – Friday

Fontana stock remains the main attraction in trading.

Trading on the Junior Market of the Jamaica Stock Exchange ended with 22 securities changing hands, compared to 25 to Wednesday, with 64 percent more volume than on Thursday.
At the close of market activities resulted in prices of 8 securities advancing, 11 declining and 3 remaining unchanged leading to a fall of 27.19 points in the market index to close at 3,128.83.
Market activity resulted in an exchange of 1,501,161 units valued at $5,720,483 compared to 917,451 units valued at $3,945,523 traded previously.
Trading ended with an average of 68,235 units for an average of $260,022 in contrast to 36,698 units for an average of $157,821 on Thursday. The average volume and value for the month to date, amounts to 86,061 shares valued $315,674 and previously 89,199 shares valued $325,469. In contrast, the average trade in January was 2,245,428 units with a value of $7,372,574 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with higher bids than their last selling prices and 5 closing with lower offers.
At the close of the day’s activities, Access Financial closed with a loss of 1 cent at $47, trading 1,285 shares, AMG Packaging ended at $2.40, with an exchange of 118,612 stock units, Blue Power concluded trading with 5,113 units at $5, CAC 2000 finished with a loss of 50 cents at $12.50, with 50,000 shares. Cargo Handlers settled with a loss of 20 cents at $14.70, exchanging 5,804 shares, Caribbean Producers finished trading 28,729 units and rose 5 cents higher to $4.75, Derrimon Trading ended with a loss of 5 cents at $2.90, with an exchange of 7,500 shares, Everything Fresh closed 23 cents higher at $1.83, with an exchange of 122,087 stock units. Elite Diagnostic settled 6 cents higher at $3.19, in exchanging 81,437 units. Express Catering ended trading with 40,767 shares and lost 10 cents to close at $7.80, FosRich Group traded 73,545 shares after rising 3 cents higher to $4, Fontana finished trading 598,063 shares, with a loss of 1 cent at $3.60, GWest Corporation ended with a loss of 14 cents at $1.30, with 63,268 units trading. Honey Bun concluded trading 2 cents higher at $3.75, with 49,560 shares,  Indies Pharma closed 14 cents higher at $3.14, with 89,033 shares changing hands, Jamaican Teas  traded just 2,500 units at $4, Knutsford Express concluded trading of 1,229 stock units and rose 60 cents higher to $12.70. Lasco Distributors  finished 20 cents higher at $4, exchanging 32,593 units, Lasco Financial  settled  with a loss of 1 cent at $4.20, trading 60,136 shares, Lasco Manufacturing  ended trading 53,600 shares, with a loss of 29 cents at $3.10,  SSL Venture Capital ended with a loss of 1 cent at $1.94, with an exchange of 5,300 shares and  Stationery and Office  concluded trading of 11,000 shares with a loss of 90 cents at $7.50.

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

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