Junior Market week ends with a fall

The Junior Market ended the week in much the same fashion as it started with the index down 49.96 points to close at 2,947.43 as heavily weighted Lasco Manufacturing lost 39 cents and was the stock that had the most impact of the fall of the index.

Lasco Manufacturing lost 39 cents to help drive the Junior market index down sharply


The market activity ended with 33 securities changing hands, resulting in the prices of 14 securities advanced, 13 declined and 6 remained unchanged and exchange of 1,456,692 units valued at $4,641,336 compared to 5,022,418 units for $14,719,026 from 34 stocks on Thursday. The average PE ratio of the market closed at 13.8 times 2019 earnings.
Trading closed with an average of 44,142 units for $140,647 for each security traded in contrast to 147,718 units for an average of $432,913 on Thursday. The average volume and value for the month to date amounts to 152,223 units valued at $403,151 and previously 142,718 valued at $423,343. In contrast, January closed with an average of 137,619 units valued at $521,935 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, AMG Packaging ended 9 cents higher at $1.99 with 33,687 stock units trading, CAC 2000 closed trading of 10,000 units and gained 50 cents to end at $13, Cargo Handlers exchanged 20,403 shares and declined by 35 cents to settle at a 52 weeks’ low of $7.50. Caribbean Cream traded 24,000 shares and gained 30 cents to end at $3.65. Caribbean Producers climbed 19 cents and exchanged 12,052 shares at $5, Consolidated Bakeries traded 1,175 units and gained 14 cents to end at $1.79, Derrimon Trading dipped 3 cents in swapping 19,259 units at $1.97. Elite Diagnostic climbed 30 cents after exchanging 5,309 shares at $4.80, Everything Fresh closed trading of 41,300 units and gained 6 cents to end at $1, Express Catering swapped 14,894 units and gained 5 cents to end at $5.85. Fontana dipped 22 cents trading 131,290 units at $6.70, Fosrich lost 9 cents to settle at $3.86 with 1,014 units changing hands, General Accident fell 5 cents in trading of 8,097 units at $6.20. Honey Bun climbed 75 cents and exchanged 97,687 shares at $7.25, Iron Rock Insurance closed trading of 100 units and gained 66 cents to end at $3.95, ISP Finance fell $2.10 in trading of 3,340 units at $20. Jetcon Corporation declined by 2 cents to settle at $1.56 with 3000 stock units crossing the market, Key Insurance dropped 15 cents to close at $2.90 with an exchange of 6,145 shares, Knutsford Express lost 40 cents in trading of 1,900 units at $9.50. Lasco Financial climbed 10 cents and exchanged 45,147 shares at $3.40, Lasco Manufacturing declined by 39 cents to settle at $4.01 with 40,121 units changing hands, Limners and Bards dipped 15 cents to $2.74 with 123,008 units traded. Lumber Depot ended with a transfer of 174,180 units and gained 2 cents to end at $1.51, Mailpac Group exchanged 499,877 shares to close at $1.95 after falling 2 cents, Main Event ended at $5.37 after losing 3 cents and swapping 1,630 shares. Medical Disposables closed trading of 14,430 units and gained 22 cents to end at $5.50 and Stationery and Office Supplies gained $1.14 to end at $9.30 with 7,500 shares crossing the exchange.

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

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