A high percentage of the stocks listed on the junior market were active on Tuesday with 18 trading, 6 of which advanced, 4 declined, the market index was up a miniscule 6.24 points to end at 2,249.07. A total of 6 stocks closed at a new 52 weeks’ highs.
The volume of 1,840,258 units changed hands, valued at $6,617,973 with indicators showing potential for a resumption of upward price movements with the supply of stocks being reduced as indicated by the increased number of stocks without offers. At the close, 1 security ended with no bid to buy and 9 securities had no stocks being offered for sale. A total of 4 stocks closed with bids higher than their last traded prices while 2 closed with lower offers.
In trading, AMG Packaging price rose 20 cents to a new high of $11.40 with 32,190 shares changing hands, C2W Music ended at 49 cents while 27,516 units changed hands, Caribbean Cream ended with 4,000 shares changing hands at $4.94, Caribbean Flavours traded 11,353 units to close with a loss of 10 cents to end at $8.90. Caribbean Producers had 13,361 units changing hands but rose 20 cents to close at $5.50 Consolidated Bakeries closed at $1.40 with 273,000 units trading. Derrimon Trading closed at $4.15 with 33,167 shares traded, Dolphin Cove traded at $15.60 as 1,000 shares changed hands, General Accident fell 24 cents while trading 573,067 shares to close at $2.19. Honey Bun closed at $7.60 as 104,424 shares changed hands, Jamaican Teas lost 5 cents with 400 shares trading to close at a $5.20, KLE Group ended at $2 with 127,714 shares changing hands. Lasco Distributors closed with 105,295 units trading and ended unchanged at $8, Lasco Financial lost 20 cents to close at $4 with 196,579 shares changing hands. Lasco Manufacturing traded 245,720 shares and gained 5 cents to close at $5, Medical Disposables had 30,574 shares changing hands with a rise of 55 cents to close at $3.55, Paramount Trading ended at a 52 weeks’ high by rising 5 cent to close at $10.55, but only 135 shares traded and tTech closed with a gain of 10 cents at $4.90 with 60,583 units changing hands.
Juniors rise slightly on Tuesday
January 19, 2016 by