Juniors market trading picks up – Friday

The junior market index fell 7.64 points to end at 2,464.10 on Friday as the prices of 10 stocks rose and 5 declined with 17 securities trading. The gain for the junior market index for the year to date remained at 38 percent.
The volume of stocks traded dropped sharply on Friday with the volume jumped sharply by 165 percent from Thursday’s level and ending with just 1,589,420 units changing hands, valued at $7,836,091, up 239 percent from $2,314,012 on Thursday.
Market activities ended with 9 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
An average of 93,495 units with an average value of $460,947 traded, compared to 50,000 units with an average value of $192,834 on the preceding trading day. The average for the month to date is 129,584 units for an average of $756,133 compared to 132,360 units valued at $778,840 on Thursday and 129,138 units with an average value of $709,705 for October.
In trading activity, AMG Packaging rose $1.10 and closed with 25,000 units changing hands at $20.10, CAC2000 traded 1,600 shares at $4.11 after gaining 11 cents, Cargo Handlers gained 20 cents and closed with 7,320 shares changing hands at $7.80, Caribbean Cream with 225,000 shares changing hands, lost 10 cents to close at $7.20. Caribbean Producers traded 476,500 shares to end with a gain of 18 cents at $3.48, Consolidated Bakeries rose 20 cents in trading 3,055 shares to close at $2.40, General Accident rose 5 cents and closed trading with 32,073 units at $3.15, Honey Bun with 38,833 shares changing hands, added by 20 cents to end at $6. Jamaican Teas traded 4,000 shares and rose 20 cents to close at $4.10, Jetcon Corporation traded 46,554 shares to close at $5.20, Key Insurance traded 1,300 shares and closed at $2.15, Lasco Distributors declined 50 cents and ended with 30,761 shares trading at $6.50. Lasco Financial fell 20 cents and ended with 77,603 shares changing hands at $3, Lasco Manufacturing closed at $4.80 with 512,207 shares changing hands after falling 10 cents. Medical Disposables traded 50,000 shares to close with a loss of 53 cents at $4.25, Paramount Trading rose 10 cents to end at $3.95 with 27,614 shares changing hands and tTech climbed 65 cents and ended with 30,000 shares changing hands at $5.75.