Juniors rise on low volumes – Friday

ISP Finance closed at a new high of $8 on the junior market on Friday.

ISP Finance closed at a new high of $8 on the junior market on Friday.

The junior market index rose 27.77 points to end at 2,426.74 on Friday as the prices of 2 stocks rose and 8 declined with 15 securities trading, compared with 14 on Thursday. The movement in the junior market index left the gain for the year to date at 35 percent.
The volume of stocks traded declined sharply on Friday by 83 percent from Thursday’s level and ending with 175,408 units changing hands, valued at $782,192, down 85 percent from $5,281,239 on Thursday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
ICI Jm sum 25-11-16An average of 11,694 units with an average value of $52,146 traded, compared to 72,603 units with an average value of $377,231 on the preceding trading day. The average for the month to date is 52,146 units for an average of $108,825 compared to 114,221 units valued at $648,781 on Thursday and 129,138 units with an average value of $709,705 for October.
In trading activity, Caribbean Cream closed with 6,000 shares changing hands and lost 14 cents to $7, Caribbean Producers lost 5 cents in trading 200 units at $3.40, C2W Music traded 4,047 units at 25 cents, General Accident gained 15 cents and closed trading with 16,852 units at $3, Honey Bun with 8,500 shares changing hands, closed at $5.60. ISP Finance traded just 200 shares to end at an all-time high of $8, Jamaican Teas traded 1,340 shares to close at $4.10, with a rise of 11 cents.ICI Jm trds 25-11-16Jetcon Corporation closed with 1,900 units changing hands at $5, Key Insurance traded 6,783 shares with a gain of 20 cents to end at $2.35, Knutsford Express traded 934 units at $20, Lasco Distributors gained 20 cents with 2,200 shares changing hands, to close at $6.80, Lasco Financial rose 5 cents and ended with 6,860 shares changing hands at $3.20. Lasco Manufacturing closed at $4.70 with 105,000 shares changing hands, Paramount Trading gaine 40 cents with 8,894 units changing hands to close at $3.50 and tTech traded 5,698 shares but fell 75 cents to $5.

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