Junior Market trading climbs – Wednesday

The Junior Market of the Jamaica Stock Exchange closed with volume rising 85 percent and value increasing 104 percent over Tuesday’s levels, but the market index lost 13.59 points to 2,953.24, down 9 percent for 2019 so far.
Trading resulted in an exchange of 2,931,075 units valued at $10,007,520 compared to 1,586,013 units at $4,904,015 on Tuesday. Investors exchanged 24 pushed securities down from 21 on Monday with prices of 8 rising 11 falling while 5 remained unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 3 with lower offers.
Trading ended with an average of 122,128 units for an average of $416,980 in contrast to 75,524 units for an average of $233,524 on Tuesday. The average volume and value for the month to date amounts to units 100,529 valued $356,911 and previously 98,795 valued $352,089 for each security traded. In contrast, March closed with an average of 195,942 shares valued at $777,498 for each security traded.
At the close of the market, AMG Packaging ended with a loss of 11 cents at $2.12, with 2,713 stock units changing hands, Caribbean Cream ended trading 11,800 shares with a loss of 21 cents at $5.28, Caribbean Producers finished with a loss of 2 cents at $4.60, trading 28,000 units. Consolidated Bakeries closed with a loss of 15 cents at $1.80, with the trading of 14,500 shares, Derrimon Trading ended at $2.75, with 122,000 shares crossing the exchange, Elite Diagnostic settled with a loss of 7 cents at $2.90, with an exchange of 14,865 units, Express Catering ended trading of 6,900 shares and rose 16 cents to close at $7.22. FosRich Group closed 35 cents higher at $4.50, with 118,730 shares trading, Fontana finished trading 298,868 shares and rose 20 cents to $4. GWest Corporation ended with 174 units crossing the exchange with a loss of 2 cents at $1.31, Honey Bun concluded trading 35 cents higher at $4.05, with 105,198 shares, iCreate closed at 85 cents, with an exchange of 111,400 shares, Indies Pharma closed at $3.05, with 340,930 shares changing hands. Iron Rock  settled with a loss of 5 cents at $3.45, with 1,500,000 shares. Jamaican Teas  traded 55 cents higher at $4.10, with 8,500 units, Jetcon Corporation  finished trading at $2.35, with 11,206 shares, Knutsford Express  concluded trading with a loss of 30 cents at $12, with 7,025 stock units, Lasco Distributors finished with a loss of 5 cents at $3.70, with 22,724 units changing hands. Lasco Financial  settled with an exchange of 3,295 shares and lost 24 cents at $4.16,  Lasco Manufacturing  ended trading 101,962 shares and closed 1 cent higher at $3.21,  Paramount Trading  closed 34 cents higher at $2.49, with 25,000 units changing hands. SSL Venture Capital  ended 5 cents higher at $1.60, with an exchange of 5,100 shares and tTech settled with a loss of 30 cents at $5, with 64,585 stock units changing hands. In the junior market preference segment, CAC 2000 9% closed at $1.15, trading 5,600 shares.

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

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