The junior market closed trading on Monday with the market index falling by 8.94 points, to close at 2,206.70, disguising the wide gap in the decline, advance ratio. A total of 14 active securities compared to 13 on Friday traded but with only 626,581 shares valued at $2,868,043, changing hands on Monday. At the close, 3 stocks advanced and 8 declined while two traded at new closing highs.
At the end of trading 7 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Caribbean Cream fell 45 cents with 16,400 shares changing hands, to end at $5.45, Caribbean Producers, gained 38 cents in trading 1,970 shares at $4.68, Consolidated Bakeries had 50,000 units changing hands, to close at $2, C2W Music traded 10,000 and lost 1 cent to close at 28 cents. Derrimon Trading Company had 32,000 shares trading with a loss of 25 cents to end at $2.95, Dolphin Cove traded 6,083 shares, to end with a fall of 10 cents at $11.65, General Accident Insurance closed at $2.05 with 16,427 units trading. Honey Bun fell 45 cents to close at $5.60 with 51,022 units changing hands, Iron Rock Insurance traded 9.838 shares and rose 5 cents to close at $3.35, Jetcon Corporation traded only 900 units at $2.95, Knutsford Express fell 70 cents in trading a mere 460 shares to end at $16.80. Lasco Distributors fell 12 cents in trading 11,893 units to end at $7.38, Lasco Financial slipped 25 cents and ended with 25,341 shares changing hands at $3.20 and Lasco Manufacturing closed at $5.01 with 394,247 shares trading after rising by a cent.
Juniors hit by 8 losers – Monday
July 4, 2016 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: C2W Music, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, General Accident, Honey Bun, Iron Rock Insurance, Jamaican Stock, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Trading Activity
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