Junior Market trading drops over 80%

Caribbean Cream closed at 52 weeks’ low of. $3.80

Trading on the Jamaica Stock Exchange Junior Market fell over 80 percent from Friday’s levels on Monday with 965,495 units valued at $4,089,873 changing hands, compared to 5,230,729 units valued at $27,124,560 on Friday.
The Market Index rose 1.09 points to end at 3,414.19 as 26 securities changed hands compared to 26 on Friday. Market activities resulted in the price of 4 securities rising, 10 declining and 12 remaining unchanged.
Trading ended with an average of just 37,134 units for an average of $157,303 in contrast to 201,182 units for an average of $1,043,252 on Friday. The average volume and value for the month to date amounts to 119,158 units valued at $600,278 for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 6 with lower offers.
At the close of the market, Blue Power traded 2,026 shares, after rising 10 cents to end at $6.90, Caribbean Cream declined 45 cents in trading of 11,676 units to end at 52 weeks’ low of $3.80, Express Catering dipped 19 cents in trading of 5,481 units at $6.01, Everything Fresh climbed 2 cents and exchanged 18,879 shares at $1.20. Elite Diagnostic closed 30 cents higher at $5.80, with 18,830 stock units trading, General Accident closed with a loss of 9 cents at $8.15, in swapping 12,293 shares, GWest Corporation ended with a loss of 1 cent at 1.11 with 3,590 stock units changing hands. Honey Bun lost 10 cents in trading 4,030 units at $6.50, Jamaican Teas slipped 5 cents in trading 10,030 units at $6, Knutsford Express dipped 45 cents in trading of 3,468 units at $10.40. Lasco Financial declined by 10 cents trading 151,300 shares to settle at $5.10, Lasco Manufacturing closed 25 cents higher at $5.50, with 74,346 stock units trading, Limners and Bards shed 28 cents in trading of 116,064 units at $2.72 and SSL Venture ended with a loss of 1 cent at 1.59 with 66,344 stock units changing hands.

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


About IC Insider.com