Juniors make big gains – Monday
September 19, 2016 by IC Insider.com
At the close the stock had a bid of $4.35 to buy 15,000 units, 10,200 units was the lowest offer at $4.80.
The market index gained 29.34 points, to close at 2,326.19. Market activities ended with 8 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
Trading ended with 835,628 units changing hands, 83 percent less than on Friday, while the value traded dropped 87 percent, with $4,086,204, compared to $32,514,713 changing hands on Friday.
At the close, Caribbean Cream closed trading with 133,630 shares changing hands at of $9, earlier in the trading session the stock traded at $9.50. Caribbean Producers traded just 13,000 shares and rose 15 cents to close at $3.60. Consolidated Bakeries closed with a loss of 1 cent at $2.43 with 105,051 units changing hands. General Accident closed trading with 81,654 units, to close at $2.20, with a 9 cents loss, Honey Bun gained 32 cents in trading 4,300 units to end at $5.85, Jetcon Corporation fell 15 cents and ended at $4.15 with 65,867 units changing hands, after trading at new record high of $4.40. As was the case on Friday, Key Insurance has not traded but seems set to trade at a new low with the offer still at $2.38 compared with the last sale of $2.49, there were no bids on the stock at the close. Lasco Distributors closed with 76,600 units trading and ended with a loss of 15 cents at $6.90. Lasco Financial fell 20 cents with 14,000 shares changing hands to close at $3.10. Lasco Manufacturing closed at $4.90 with 177,726 shares trading, Medical Disposables traded 129,000 shares and closed at $4 and Eppley 9.5% preference share, gained 39 cents in trading 7,100 shares, to end at a 52 weeks’ closing high of $6.50, after trading as high as $7.
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Caribbean Producers, Consolidated Bakeries, Daily Trading, Eppley, General Accident, Honey Bun, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Key Insurance, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, Trading Activity
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