The Junior Market of the Jamaica Stock Exchange closed with volume dropping 67 percent and value down 69 percent from Wednesday’s levels, but the market index rose 22.78 points to 2,976.02.
Trading resulted in an exchange of 971,622 units valued at $3,078,345 compared to 2,931,075 units valued at $10,007,520 on Wednesday. Investors exchanged 24 pushed securities similar to Wednesday with prices of 8 rising 10 falling while 6 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Trading ended with an average of 40,484 units for an average of $128,264 in contrast to 122,128 units for an average of $416,980 on Wednesday. The average volume and value for the month to date amounts to units 134,650 valued $341,097 and previously 100,529 valued $356,911 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 exchanged 280,000 stock units and ended at $2.12, Blue Power concluded trading with 4,320 units and lost 10 cents in closing at $4.40, CAC 2000 jumped $3 to close at $12, with 1,000 shares changing hands, Caribbean Producers finished trading 40,259 units, and rose 2 cents to end at $4.62. Derrimon Trading ended with a loss of 24 cents at $2.51, with an exchange of 41,946 shares. Dolphin Cove concluded trading 6,614 shares and rose 50 cents higher to $13, Elite Diagnostic settled at $2.90, with 10,500 units changing hands, Express Catering ended trading of 8,466 shares to close at $7.22, Fontana finished trading 39,497 shares with a loss of 20 cents at $3.80. General Accident closed 29 cents higher at $4.29, with an exchange of 5,400 stock units, GWest Corporation ended 2 cents higher at $1.33, with 19,828 units changing hands, Honey Bun traded 100 shares with a loss of 22 cents at $3.83, iCreate lost 4 cents in closing at 81 cents, with an exchange of 230 shares. Indies Pharma ended trading of 12,638 shares, with a loss of 4 cents at $3.01, Iron Rock settled 5 cents higher at $3.50, with 1,000 shares changing hands, Jamaican Teas traded with a loss of 20 cents at $3.90, with the swapping of 6,800 units. Jetcon Corporation finished trading with a loss of 5 cents at $2.30, with 2,427 shares passing through the exchange, Knutsford Express concluded trading of 1,543 stock units with a loss of 10 cents at $11.90, Lasco Distributors finished at $3.70, with an exchange of 216,373 units, Lasco Financial settled at $4.16, trading 21,660 shares. Lasco Manufacturing ended trading 185,100 shares, with a loss of 8 cents at $3.13, Main Event traded 5 cents higher at $5, with an exchange of 11,421 shares, Paramount Trading closed 1 cent higher at $2.50, with 49,500 units trading and Stationery and Office concluded trading at $6.75, with 5,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.