Juniors falter but 8 stocks rose – Friday

Trading closed on the junior market with a mild retreat from challenging the record close on October 10, of 2,477.78 but the ratio of advancing stocks was 4 to 1 over decliners. The market index slipped 14.89 points to 2,452.21 and is up 37 percent year to date.
Trading volume dropped 30 percent from Thursday’s levels, ending with 1,625,906 units changing hands, while value traded, declined 16 percent to $9,305,449 from $11,077,945 on Thursday.
An average of 116,136 units with an average value of $664,675 traded, compared to 193,512 units with an average value of $923,162 on the preceding trading day. The average for the month to date is 100,635 units at $571,332 compared to 129,138 units at $709,705 for October.
At the close of the market, 14 securities traded, versus 12 on Thursday resulting in 8 stocks advancing and 2 declining. The market closed with 2 stocks hitting a record highs and 1 at a low. Market activities ended with 7 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In trading activity, AMG Packaging gained $1 and ended with 10,390 shares changing hands at $19.50, CAC 2000 traded 1,000 units and closed at a new low of $4.50 having lost 60 cents, as investors continue to react negatively to the impact of the loss from the lawsuit for damages on the company’s finances. Cargo Handlers ended with a gain of $1.20 with 32,200 shares changing hands at a new closing high of $12.50, Caribbean Cream closed with 1,000 shares changing hands and rose 24 cents to end at $7.85. Caribbean Producers gained 8 cents and closed trading with 145,000 units at $3.58, Dolphin Cove closed with 200 units changing hands and gained 20 cents to end at $15.49, Honey Bun with 100 shares changing hands closed at $6.10, Iron Rock Insurance traded 900 shares and gained 30 cents to end at $3.60. Knutsford Express traded 2,600 shares in closing at $22, Lasco Distributors ended with 957,467 shares trading to close at $7. Lasco Financial rose by 10 cents with 345,100 shares changing hands to close at $3.10, Lasco Manufacturing fell 5 cents and closed at $4.95 with 128,758 shares changing hands, Medical Disposables traded just 500 units but rose 15 cents to $5.55 and Paramount Trading jumped $2 with 691 units changing hands to close at new high of $29.