Juniors fall as 11 stocks decline – Friday
March 3, 2017 by IC Insider.com
At the close, 23 securities changed hands, 8 advanced and 11 declined. Trading ended with 7,883,509 units valued at over $48,696,373 passing through the market, compared to 1,357,950 units valued at over $10,370,371 on Thursday. At the close 7 stocks had bids higher than their last sale prices and 2 ended with lower offers, than the last sale.
The junior market ended trading with an average of 342,761 units for an average value of $2,117,234 traded, compared to 54,318 units for an average value of $414,815 on the previous trading day. The average volume and value for the month to date ended at 198,540 units and $1,266,024. The average volume and value for February, ended at 223,938 units and $1,379,459.
At the close of the market on Friday, AMG Packaging closed at $22 after falling $3 with 2,367 units changing hands. After a long delay, AMG’s approved 5 for 1 stock split is to be effected on March 10 the company reported. Blue Power dropped sharply by a huge $7.30 and closed with 4,817 units changing hands at $47.70, CAC 2000 traded 8,544 shares at $7.50, after rising 50 cents, Cargo Handlers shed $2 in trading 1,325 shares and closed at $25, Caribbean Cream closed trading with 4,352 units to close at $8.09, after rising 9 cents. Caribbean Producers fell 15 cents in trading 821 units $3.60, Consolidated Bakeries ended trading with a loss of 90 cents with 42,298 shares changing hands, to close at $3.10, the fall comes as the company reported earnings of just 5 cents for the 2016 fiscal year, down from 13.5 cents at September last year. Derrimon Trading ended at a 52 weeks’ high of $7.56 with 10,000 shares changing hands, after rising by 6 cents, Dolphin Cove rose $1 and closed trading with 88,264 shares, to end at $19. General Accident fell 30 cents to close with 14,695 shares at $3.20, Honey Bun had 15,299 shares changing hands to end at $7.60, Jamaican Teas gained 20 cents and ended trading 14,406 shares to close at $8.50. Jetcon Corporation closed trading with 67,324 shares being exchanged for gain of $1 to end at $14, KLE Group fell 2 cents and ended trading 4,739 units, to close at $2.88, Lasco Distributors ended with 32,000 units trading with a fall of 30 cents at $6.50, Lasco Financial fell 10 cents with 62,563 shares changing hands, to end at $4.50. Lasco Manufacturing closed with gain of 9 cents as 32,106 units changed hands at $4.59, Main Event had 17,862 shares changing hands, to close with a gain of 15 cents at a 52 weeks’ closing high of $5, Medical Disposables lost 15 cents to close at $6.70 with 1,000 shares changing hands. Paramount Trading ended with 216,357 shares changing hands and rose 34 cents to $3.79, tTech ended with 95,774 units changing hands at $6.50, Eppley 9.5% preference share closed trading with 333,200 units changing hands at $6 and Eppley 8.25% preference share closed trading with 6,813,396 units at $6.
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, CAC 2000, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Emerging stock market, Eppley, General Accident, Honey Bun, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, Paramount Trading, Trading Activity, tTech
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