Junior Market volume dives – Friday

Junior Market volume contracts on Friday.

Trading on the Junior Market of the Jamaica Stock Exchange dropped sharply from Thursday’s level closed on Friday resulting in an exchange of just 808,904 units valued at $3,245,147 compared to 3,496,347 units valued at $14,565,501 on Thursday.
At the close of market activities, 31 securities changed hands, similar to the number trading on Thursday and closed with the prices of 11 securities rising, 13 declining and 7 remained unchanged, resulting in the Junior Market Index gaining 11.47 points to close at 3,397.81.
Trading ended with an average of 26,094 units for an average of $104,682 in contrast to 112,785 units for an average of $469,855 on Thursday. The average volume and value for the month to date amounts to 120,361 units valued at $482,941 and previously 104,334 units valued at $513,637 for each security traded. In contrast, September closed with an average of 954,574 units valued at $2,612,695 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 dipped 7 cents in trading 27,000 units to close at $1.93, Caribbean Cream lost 57 cents in exchanging 52,912 shares to close at a 52 weeks’ low of $3.95, Caribbean Producers climbed 10 cents and exchanged 1,200 shares at $4.80. Consolidated Bakeries ended with a loss of 1 cent at $1.99 with 16,934 stock units changing hands, Derrimon Trading lost 3 cents in trading of 100 units at $2.47, Express Catering declined by 2 cents to settle at $6.13 after exchanging 5,500 shares, Everything Fresh ended trading with 30,000 shares, after rising 3 cents to end at $1.23. Elite Diagnostic climbed 5 cents and exchanged 15,000 shares at $5.55, Fosrich lost 6 cents in trading of 14,680 units at $4.84, Fontana ended market activity exchanging 83,638 shares to close at $7.52 after falling 36 cents, General Accident declined 2 cents in trading of 41,110 units at $8. iCreate lost 2 cents in trading of 123,700 units to close at 71 cents, Indies Pharma ended with a loss of 1 cent at $3.16 with 45,555 stock units changing hands, Jamaican Teas declined 9 cents in trading of 19,125 units to end at $6.21, Jetcon Corporation ended trading with 45,528 shares, after rising 5 cents to end at $1.85. Knutsford Express closed trading of 150 units and gained 60 cents to end at $10.60, Lasco Distributors closed trading of 1,889 units and gained 22 cents to end at $3.98. Lasco Financial ended market activity exchanging 45,463 shares to close at $4.70 after falling 15 cents, Lasco Manufacturing closed trading of 17,115 units and gained 2 cents to end at $4.97. Limners and Bards ended with a loss of 1 cent at $2.55 with 89,957 stock units changing hands, Main Event traded 13,834 shares, after rising 63 cents to end at $5.98. Medical Disposables gained $1.11 to end at $8.11, trading 100 shares, Stationery and Office Supplies gained $1.34 to end at $12.50, after exchanging 5,850 shares and SSL Venture ended trading of 40,500 shares and rose 5 cents to end at $1.20.

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

About IC Insider.com