Junior stocks inch forward – Tuesday

The junior market within touch of record territory

The junior market within touch of record territory

Trading closed on the junior market with the number of advancing stocks just being edged out by decliners but the market index advanced marginally by 2.15 points to 2,438.55, up 36 percent year to date.
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.
ICI Jm sum 1-11-16Market 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. ICI Jm trds 1-11-16Honey 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.

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