Junior Market strong buy signals

Fosrich traded 4 million shares on Monday.

The Junior Market opened the second quarter positively in keeping with technical indicators suggesting that a major change in direction is coming soon with the market getting support from a triple bottom and wedge shape formation.
The market index jumped 36.42 points to 3,128.44 as the prices of 8 stocks rose, 10 declined and 10 remained unchanged.  At the close of trading, 28 securities changed hands, versus 29 on Friday.
Market activities on Monday saw a 40 percent increase in the day’s volume to 4,742,829 units valued 18 percent higher at $18,023,858, compared to 3,378,621 units for $15,299,931 on Friday. The increase in trading was due to 4 million units of FosRich Group shares.
Trading ended with an average of 169,387 units at $643,709 for each security traded, in contrast to 116,504 units at $527,584 on Friday. In contrast, March closed with an average of 195,942 shares valued at $777,498 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 7 with lower offers.
At the close of the market, Access Financial lost 50 cents to end at $45.50, exchanging 5,937 shares, AMG Packaging ended at $2.15, with 31,850 stock units changing hands, Blue Power traded 85,320 units with a loss of 10 cents at $4.50, Cargo Handlers fell 6 cents to close at $11, with an exchange of 22,000 shares. Caribbean Cream ended trading with 10,100 shares after falling 1 cent to close at $5.54, Caribbean Producers rose 3 cents to $4.80, trading 51,100 units, Consolidated Bakeries closed 6 cents higher at $2.05, with 50,000 shares changing hands, Derrimon Trading closed at $2.65, with an exchange of 5,800 shares, Dolphin Cove concluded trading with 1,369 shares at $13.99. Everything Fresh finished with a loss of 6 cents at $1.45, with 109,500 stock units changing hands, Elite Diagnostic settled at $3, with 5,400 units crossing through the exchange, Express Catering ended trading of 900 shares 20 cents higher at $7.80, FosRich Group traded 4,014,634 shares with a loss of 25 cents at $3.75. Fontana finished trading of 110,105 shares, at $4.05, General Accident closed at $4.50, with 100 stock units changing hands, Honey Bun ended trading of 9,197 shares, with a loss of 24 cents at $4, iCreate shed 1 cent to close at $1, with an exchange of 29,530 shares. Indies Pharma finished 1 cent higher at $3.10, with an exchange of 16,923 shares, Jamaican Teas  traded 12,654 units to close at $3.90,  Jetcon Corporation  finished trading with 1,950 shares at $2.80, Lasco Distributors  finished 4 cents higher at $3.89, with 51,810 units changing hands, Lasco Financial  settled 2 cents higher at $4.52, in exchanging 100 shares. Lasco Manufacturing  ended trading of 7,000 shares with a loss of 5 cents at $3.55,  Main Event  traded 55,300 shares at $5.51,  Paramount Trading  closed 20 cents higher at $2.50, with 1,000 units changing hands. Stationery and Office concluded trading with 8,250 shares at $6.80 and tTech settled with a loss of 50 cents at $5.50, with an exchange of 15,000 stock units. In the junior market preference segment, Derrimon Trading 9% ended 3 cents higher at $1.98, with 30,000 stock units changing hands.

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

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