Trading climbed sharply on the Junior Market of the Jamaica Stock Exchange on Wednesday, ending in an exchange of 9,482,082 units valued at $38,586,264 compared to only 690,239 units valued at a mere $2,210,720, on Tuesday.
At the close of trading, 28 securities changed hands, compared with 22 on Tuesday. The market index lost 4.35 points to close at 3,075.32 as the prices of 15 securities rose, 9 declined and 4 remained unchanged.
Trading ended with an average of 338,646 units for an average of $1,378,081 in contrast to 31,375 units for an average of $100,487 on Tuesday. The average volume and value for the month to date amounts to 194,902 shares valued at $813,620 compared to 182,206 shares valued at $763,762 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 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 5 with lower offers.
At the close of the market, AMG Packaging ended 2 cents higher at $2.10, with 542,000 stock units changing hands, Blue Power concluded trading of 49,000 units and rose 20 cents to close at $4.85, Cargo Handlers settled with a loss of 2 cents at $12.50, with an exchange of 300 shares. Caribbean Cream ended trading 1,350,100 shares and lost 43 cents to end at $5.52, Caribbean Flavours traded 2 cents higher at $17.22, with 100,000 stock units changing hands, Caribbean Producers swapped 2,477,187 units and fell 15 cents to close at $4.30, Consolidated Bakeries closed with a loss of 20 cents at $1.80, with an exchange of 2,500 shares. Derrimon Trading ended 1 cent higher at $2.81, with 3,520 shares trading, Dolphin Cove concluded trading of 110,100 units $13.99 after jumping by 49 cents, Everything Fresh concluded trading of 2,500 shares and rose 39 cents to $1.79. Express Catering settled at $7.80, with 200 units changing hands, FosRich Group ended trading 89,585 shares at 30 cents higher to $4.30, Fontana traded 8 cents higher at $4, with an exchange of 368,987 shares, Honey Bun ended with a loss of 10 cents at $3.70, with the trading of 30,000 units. iCreate closed market activity at $1.02, with an exchange of 95,836 shares, Indies Pharma concluded trading of 697,280 shares, 2 cents higher at $3.04, Iron Rock finished with a loss of 10 cents at $3, with 13,404 shares changing hands, Jamaican Teas ended trading 20,000 stock units with a loss of 40 cents to close at $3.60. Jetcon Corporation closed 7 cents higher at $2.87, with an exchange of 2,613,091 units. Knutsford Express ended at $12.50, in exchanging 14,412 shares, Lasco Distributors concluded trading of 22,243 stock units at $3.75, Lasco Financial finished 2 cents higher at $4.47, with 76,883 units trading, Lasco Manufacturing settled with a loss of 5 cents at $3.15, with 450,370 shares changing hands. Main Event ended trading with 5,940 shares and rose 1 cent to $5.31, Medical Disposables traded with a loss of 1.20 cents at $6.60, with 47,571 shares, Paramount Trading finished trading 106,618 stock units after rising 30 cents to close at $2.40, Stationery and Office ended 3 cents higher at $7.50, trading 148,545 shares and tTech finished 2 cents higher at $5.52, with 108,946 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.