Junior stocks inch forward – Tuesday
November 1, 2016 by
Trading volume rose 12 percent from Monday’s levels, ending with 981,688 units changing hands, while value traded, climbed 27 percent to $4,566,702 from $3,582,950 on Monday.
An average of 65,446 units with an average value of $304,447 traded, compared to 72,993 units with an average value of $298,579 on the preceding trading day. The average for last month was 129,138 units at $709,705.
At the close of the market on 15 securities traded, versus 12 on Monday resulting in 4 stocks advancing and 5 declining.
Market activities ended with 8 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
In trading activity, AMG Packaging declined by $1.08 and ended with 13,500 shares changing hands at $18.50, CAC 2000 closed trading with 8,875 units changing hands with the price falling $1.20 to $5.10 as demand melted away for the stocks in light of a large legal bill the company faces. At the close there was no buying interest in the stock. Caribbean Cream close with 5,000 shares changing hands at with a gain of 27 cents to $7.52, Caribbean Producers closed trading with 8,007 units at $3.65, Consolidated Bakeries traded 4,000 units but lost 10 cents in closing at $2.50, General Accident Insurance rose 2 cents in trading 10,500 shares at $3.02. Honey Bun with 4,927 shares changing hands closed at $6.10, Iron Rock Insurance with 94,434 units trading, ended at $3.30. Jamaican Teas traded 100 shares to close at $4, Jetcon Corporation jumped 58 cents and ended with 19,769 shares trading at $4.59, Knutsford Express traded 7,000 shares in closing at $22.50, Lasco Distributors ended with 205,955 shares trading to close at $7. Lasco Financial ended with 501,737 shares changing hands but lost 9 cents to close at $3.15, Lasco Manufacturing closed at $5.10 with 90,873 shares after rising 10 cents and Medical Disposables closed at $5 with 7,011 shares changing hands.