Juniors rose modestly in August

Knutsford Express traded at an all-time high of $26 on Wednesday.

Knutsford Express traded at an all-time high of $26 on Wednesday.

The Junior market closed out August just slightly above July’s closing level, to end the month with just rise of 16 points to 2,216.93 as the market index closed on Wednesday with a gain of 16.36 points as the market continues to consolidate. The market’s out turn for August is only 8 points higher than the close for June.
The participation rate on the final day of the month was good with 18 securities being active and resulted in the market closing trading with 1,201,093 units valued at $5,410,798. A total of 9 stocks rose and 4 declined. One stock traded to close at a new high and one traded at an intraday high. JM sum 31-8-16Trading ended with 10 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
At the close, Access Financial ended trading with 2,337 units at $17.50, Blue Power closed with a rise of 30 cents with 433 units changing hands at a new high of $19.80, CAC 2000 traded 4,500 units to close unchanged at $6.40, Caribbean Cream closed with 7,578 shares changing hands at $7.05 after rising by 5 cents. Caribbean Producers had 55,189 units changing hands to close at $3.50, Consolidated Bakeries lost 6 cents in trading 7,502 shares to close at $2.34, General Accident traded 6,783 units at $2.30 after rising by a cent, Honey Bun had 69,795 shares changing hands to close at $5.80, after gaining 50 cents. Iron Rock Insurance traded 467,982 units but lost 12 cents in closing at $3.18,JM Trdng Sht 31-8-16 Jamaican Teas lost 40 cents while trading 33,000 shares to close at $3.20, Jetcon Corporation ended with a gain of 5 cents at a new high of $3.21, with just 2,000 shares changing hands, KLE Group traded 4,750 shares at $1.40. Knutsford Express traded 10,300 shares to close at $25 after hitting an intraday 52 weeks’ high of $26. Lasco Distributors rose 29 cents and ended with 210,694 shares changing hands at $6.99, Lasco Financial ended with 16,393 shares changing hands to close at $3.35, after dropping 15 cents, Lasco Manufacturing closed at $4.57 with 183,348 shares trading, after rising 2 cents, Medical Disposables traded 75,000 shares with the price rising 41 cents to close at $3.50 and tTech rose 70 cents with 43,509 shares trading to end at $4.50.

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