Junior Market volume drops 37%

Junior Market trades

Trading activity on the Junior Market on Thursday declined 37 percent from Thursday’s level to just 713,482 units valued at $2,556,745, compared to 1,131,976 units valued at $4,612,663 on Wednesday as 28 securities changed hands, down from 31 on Wednesday.
At the close, the market index rose by just 0.20 points to close at 3,313.88. Trading resulted in just 11 securities rising and 6 declining while the prices of 11 remained unchanged and the market’s PE stood at 14.3.
Trading ended with an average of 25,482 units at $91,312 for each security traded, in contrast to 36,515 units for an average of $148,796 on Wednesday. The average volume and value for the month to date amounts to 120,987 shares at $592,225 and previously 182,254 shares at $627,201, 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 with 7 stocks ending with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, AMG Packaging closed trading of 3,851 units and gained 10 cents to end at $2, Blue Power declined by 2 cents to settle at $6.96 after trading 2,826 shares changed hands, CAC2000 ended with a loss of $1 at $10 with the trading of 3,500 stock units. Derrimon Trading exchanged 1,000 shares, after rising 4 cents to end at $2.64, Elite Diagnostic lost 14 cents in trading 56,501 shares to close at $4.85, Everything Fresh shed 4 cents in trading of 88,170 units at $1.04, Express Catering closed trading of 858 units and gained 15 cents to end at $6.15. Fosrich closed trading of 25,000 units and gained 4 cents to end at $4.80, Fontana ended trading with 17,804 shares, after rising 31 cents to close at $7.30. General Accident exchanged 3,505 shares, after rising 69 cents to end at $7.10, Jamaican Teas closed trading of 41,424 units and gained 35 cents to end at $6.30, Lasco Distributors traded 500 shares, after rising 31 cents to end at $3.91, Lasco Financial climbed 15 cents and exchanged 145,200 shares at $4.15. Lasco Manufacturing ended market activity exchanging 35,100 shares to close at $5.20 after falling 2 cents, Main Event climbed 5 cents after exchanging 22,181 shares at $6.10, Paramount Trading dipped 10 cents in trading of 1,227 units at $1.75 and SSL Venture closed trading of 300 units and gained 15 cents to end at $1.30.

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

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