Junior Market trading dives – Monday

The Junior Market of the Jamaica Stock Exchange closed almost unchanged on Monday, with reduced trading levels. The market inched higher by just 0.93 points to 2,978.64.
Investors exchanged 22 pushed securities down from 27 on Friday with prices of 6 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 5 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Trading resulted in an exchange of 876,086 units valued at $2,653,927, compared to 2,329,925 units valued at $9,758,045, changing hands on Friday. Trading ended with an average of 39,822 units for an average of $120,633 in contrast to 86,294 units for an average of $361,409 on Friday. The average volume and value for the month to date amounts to units 100,553 valued $361,045 and previously 105,772 valued at $381,706 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, Blue Power concluded trading of 5,000 units at $4.50, Cargo Handlers settled with a loss of 5 cents at $10.95, with an exchange of 308 shares, Caribbean Producers finished trading of 1,600 units and closed 60 cents higher at $4.80. Consolidated Bakeries closed with a loss of 5 cents at $1.95, with 1,000 shares changing hands, Derrimon Trading ended with a loss of 4 cents at $2.71, in trading of 70,730 shares, Everything Fresh closed 6 cents higher at $1.55, with 294,056 stock units changing hands. Elite Diagnostic settled with a loss of 1 cent at $2.95, with 23,413 units passing through the market, Express Catering ended trading of 14,100 shares, with a loss of 74 cents at $7.06, FosRich Group traded 6,763 shares at $3.90, Fontana finished trading with a loss of 1 cent at $3.80, with 88,628 shares changing hands. General Accident closed at $3.95, with an exchange of 3,250 stock units, GWest Corporation  ended at $1.30, while trading 10,000 units, iCreate gained 5 cents to close at 85 cents, with an exchange of 16,600 shares, Indies Pharma finished with a loss of 1 cent at $3.01, with 93,095 shares crossing the exchange. Jamaican Teas  traded 8,977 units and rose 5 cents to close at $4.10,  Jetcon Corporation finished trading 3,093 shares, with a loss of 5 cents at $2.48,  Key Insurance closed 10 cents higher at $3.15, with the trading of 5,000 shares, Lasco Distributors  closed at $3.70, with an exchange of 59,681 units. Lasco Financial settled with a loss of 14 cents at $4.20, with 61,500 shares changing hands, Lasco Manufacturing ended trading of 42,460 shares, with a rise of 24 cents to $3.45, Main Event traded with 4,000 shares and lost 25 cents to end at $5 and Stationery and Office concluded trading of 62,832 shares with a loss of 1 cent at $6.75.

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

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