Juniors inching forward to new highs

Jamaican Teas traded at a new closing high of $9.50 on Monday.

The junior market ended trading on Monday at another new closing high, with index rising just by 2.35 points at the close to sit at 2,831.64, after 16 securities traded, two less than on Friday, with the prices of 10 rising and 3 declining.
The market closed with 17 stocks with bids higher than their last sale and 2 with lower offers than the last sale, signalling a continuation of gains ahead.
The market ended with very low volume of stocks changing hands, ending at 426,481 units valued at $2,702,243 passing through the market, compared to 204,282 units valued at $1,106,948, on Friday.
An average of 26,655 units with an average value of $168,890 traded, compared to 11,349 units with an average value of $61,497 on the previous trading day. The average for the month to date is 169,586 units with an average value of $900,610 versus 177,108 units with an average value of $939,121 for the preceding trading day. The average for December, ended at 131,147 units, with an average value of $672,488.
At the close of trading, AMG Packaging gained 10 cents to close at $20.10 with 145 units changing hands, Blue Power closed with 100 units changing hands at $40.40, Cargo Handlers end at $20.50, after 25,100 shares were traded. Caribbean Cream exchanged 8,167 shares and rose 6 cents, to close at $7.36, Caribbean Flavours put through 67,011 units and gained $1, to end at $9.50, Consolidated Bakeries rose just 1 cent in trading 11,900 shares to close at new closing high of $3.01. General Accident fell 10 cents at the close of trading, with 4,495 shares at $3, Honey Bun climbed 60 cents and closed with 75,936 shares changing hands at $6.90, Jamaican Teas traded 300 shares to close at a 52 weeks’ high of $9.50 after rising by 90 cents. Jetcon Corporation closed trading with 75,936 shares, to end with a gain of 32 cents to $10.42. KLE Group gained 1 cent and ended with 95,562 units changing hands at $2.50, Lasco Distributors ended trading with 8,000 units changing hands to end at $7 after falling 30 cents. Lasco Financial had 18,648 shares changing hands and rose 5 cents to end at $4, Lasco Manufacturing with 5,997 units changing hands and closed with a gain of 5 cents at $5.20, Paramount Trading closed with a loss of 12 cents at $3.10 with 67,618 shares changing hands and tTech closed trading with 15,948 units changing hands to end at a record $6.90.

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