Juniors rise with 12 stocks gaining

Consolidated Bakeries closed at a 52 weeks’ high on Wednesday at $3.50..

The junior market continued to record gains in trading on Wednesday, with the junior index rising 24.81 points at the close, to sit at 2,864.93. The level of trading increased, with more stocks trading, than on Tuesday with increased volume.
The market closed with 21 securities traded, 2 more than on Tuesday, with the prices of 12 rising and 2 declining, ending with 2,831,925 units valued at $14,341,956 passing through the market, compared to 1,610,629 units, valued at $10,783,120, on Tuesday. 10 stocks closed with bids higher than their last sale and 2 with lower offers than the last sale.
An average of 134,854 units with an average value of $682,950 traded, compared to 84,770 units with an average value of $567,533 on the previous trading day. The average volume and value for January, ended at 165,547 units and $884,749.
At the close of trading, AMG Packaging rose 90 cents to close at $21 with 1,965 units changing hands, Blue Power closed with 2,000 units changing hands at $40.40, Caribbean Cream exchanged 710,000 shares and fell 24 cents, to close at $7.27, Caribbean Flavours put through 897 units to end at $9.50. Caribbean Producers lost 10 cents in trading 53,025 units at $4.25. Consolidated Bakeries jumped 50 cents in trading 146,122 shares to close at a 52 weeks’ high of $3.50, C2W Music ended 35 cents with 23,480 shares changing hands, General Accident gained 5 cents and closed trading with 148,153 shares at $3.05, but traded at an all-time high of $3.50 earlier in the day. Honey Bun climbed 9 cents and closed with 202,754 shares changing hands at $7, Jamaican Teas traded 20,460 shares to close at $9.15 after rising by 34 cents, Jetcon Corporation closed trading with 53,787 shares, to end with a gain of 26 cents to $9.80. Key Insurance traded 15,000 units to close at a 52 weeks’ high of $3.35, after rising by 35 cents, KLE Group gained 30 cents and ended with 44,700 units changing hands at $2.80, Lasco Distributors ended trading with 63,350 units changing hands to end at $7.30. Lasco Financial had 126,647 shares changing hands and gained 8 cents to end at $4, Lasco Manufacturing with 134,019 units changing hands, closed with a gain of 7 cents at $5.13, Medical Disposables gained 20 cents and closed at $6.10 with 20,069 shares changing hands. Paramount Trading closed at $3 with 871,487 shares changing hands, tTech closed trading with 16,010 units changing hands to end at $6.90 after rising 30 cents, Eppley 10% preference share, traded 8,000 units and rose 3 cents to end at $6.03 and Eppley 8.25% preference share, traded 170,000 units to close at $6 after it traded at an all –time high of $6.05.

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