The Junior Market slipped again on Monday by 17.10 points to close at 2,935.86 after an adverse advance, decline ratio 1 to 2.
At the close of market activities, only 15 securities changed hands compared 20 securities changing hands on Friday. The prices of just 3 stocks advanced, 6 declined and 6 remained unchanged.
Trading ended with an exchange of 3,553,595 units valued at $11,612,887 compared with 1,131,667 units valued at $5,121,527.
Market activity ended with an average of 236,906 units for an average of $774,192 compared to an average of 56,583 units for an average of $256,076 on Friday. The average volume and value for the month to date, amounts to 204,255 units at $846,336 compared to 198,056 units at $860,035 on the prior trading day. March closed with an average of 149,999 units valued at $623,819, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 6 stocks ending with bids higher than the last selling prices and 8 with lower offers, suggesting the continuation of fluidity in price changes.
At the close of the market, AMG Packaging ended with a loss of 5 cents at $2, with 68,891 stock units traded, Dolphin Cove lost 10 cents to close at $17, with 6,600 stock units, Elite Diagnostic settled 5 cents higher at $3.35, with 32,504 units, Express Catering traded with a loss of 5 cents at $5.25, with 178,721 shares, FosRich Group finished trading at $2.50, with 8,383 shares. Honey Bun concluded trading at $4.65, with 1,000 shares, Iron Rock finished at $3, with 8,060 shares, Jetcon Corporation traded at $4.10, with 13,000 units, Key Insurance finished trading with a loss of 82 cents at $3.03, with 2,950,680 shares. Knutsford Express ended at $14, with 12,199 shares, Lasco Distributors concluded trading 5 cents higher at $4.10, with 196,900 stock units, Lasco Financial finished 68 cents higher at $5.63, with 1,747 units, Lasco Manufacturing fell 14 cents to $4, with 34,493 shares trading, Paramount Trading finished trading with a loss of 2 cents at $3.08, after exchanging 24,271 stock units and Stationery and Office closed at $5.55, with 16,146 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market softness continues – Monday
April 9, 2018 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, CAC2000, Daily Trading, Dolphin Cove, Elite Diagnostics, Emerging markets, Express Catering, FosRich, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Paramount Trading, Stationery and Office, Trading Activity
About IC Insider.com