Junior market steady on Thursday

Trading on the Junior Market of the Jamaica Stock Exchange settled on Thursday with 17 securities changing hands, resulting in an exchange of 639,827 units valued at $3,060,108 compared to 17 securities and 1,174,483 units trading valued at $5,458,374 on Wednesday.
At the close of market activities, the prices of 7 securities advanced, 5 declined and 5 remained unchanged, leaving the Junior Market Index adding just 0.28 points to close at 2,999.25.
Trading ended with an average of 37,637 units for an average of $180,006 in contrast to 61,815 units for an average of $287,283 on Wednesday. The average volume and value for the month to date amounts to 61,834 units valued at $304,793 and previously 65,350 shares at an average of $322,925. In contrast, October closed with average of 74,690 units valued at $362,548 for each security traded.
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 1 with lower offers.
At the close of the market, Caribbean Flavours closed at $12, with 9,549 shares, Caribbean Producers concluded trading at $3.80, with 23,958 units, Derrimon Trading closed 1 cent higher at $7, with 8,390 shares, Express Catering finished with a loss of 6 cents at $4.55, with 41,100 stock units, General Accident finished with a loss of 5 cents at $2.70, with 86,000 stock units. Honey Bun ended trading 1,900 shares with a loss of 20 cents at $4.80, Jamaican Teas ended 20 cents higher at $4, with 50,000 units, Jetcon Corporation closed 20 cents higher at $4.70, with 5,000 shares, Knutsford Express recovered $1.80 of the $2.75 it lost on Wednesday to close at $13.80, with 10,560 stock units changing hands. Lasco Distributors ended at $6.40, with 54,180 shares, Lasco Financial finished with a loss of 30 cents at $4.60, with 5,629 stock units, Lasco Manufacturing finished trading 10 cents higher at $4, with 39,545 units, Medical Disposables ended trading with a loss of 5 cents at $5.70, with 28,000 shares. Main Event concluded trading at $5.50, with 15,048 shares, C2W Music ended trading 7 cents higher at 49 cents, with 9,550 stock units, Paramount Trading ended trading 25 cents higher at $3.40, with 12,000 units and Stationery and Office ended at $5, with 239,418 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.