Knutsford Express traded at a new high of $15 on Wednesday after the 5 for 11 stock split took effect.
The Junior Market index declined moderately on Wednesday but after Knutsford Express hit a new all-time high of $15 after the stock started trading ex split with investors now having 5 units where they had 1 before.
The market index slipped 12.77 points to close at 3,331.90 to be up 28.5 percent for 2017 to date. A total of 20 securities traded of which 7 advanced and only 4 declined as 1,267,600 units valued $7,528,786 traded compared to 22 securities trading on Tuesday with 2,377,774 units valued $14,077,973 changing hands.
At the close of trading, 8 stocks having bids higher than their last sale prices and 3 with lower offers.
The Junior Market ended trading with an average of 63,380 units for an average value of $376,439 compared to 108,081 units for an average value of $639,908, on the previous trading day. The average volume and value for the month to date are 89,339 units and $596,722 while at the close of the prior trading day it was 90,467 units and $607,211, well below the levels for April with averages of 502,597 units and $2,768,003.
At the close of the market, AMG Packaging fell 44 cents and ended at $4.55 with 2,111 units changing hands, Blue Power closed at $53.50 with 1,330 units changing hands, after climbing $1.50, CAC 2000 lost 80 cents and closed at $7.20 with 3,000 shares trading, Caribbean Cream closed trading with 413,469 units to end at $7.50, after dropping 90 cents, Caribbean Flavours ended trading 1,355 units to end at $12, Caribbean Producers rose 29 cents with 100,407 units changing hands at $3.79, Consolidated Bakeries rose 30 cents trading 6,000 shares to close at $2.75, Eppley had 69,369 units changing hands to close of $12, General Accident closed trading with 19,600 shares to end at $2.90, Honey Bun had just 260 shares changing hands and closed at $6.93 after falling 57 cents,
Iron Rock Insurance gained 5 cents in trading 61,538 shares to end at $3.20, Jamaican Teas dropped 69 cents and closed trading with 50,567 shares, at $4. Jetcon Corporation climbed $1.30 to end at $14.80 with 44,161 shares trading, Knutsford Express started trading for the first time after the 5 for 1 stock split and closed with 5,262 shares trading at $15 with a gain of $1.40. Lasco Distributors rose 24 cents and ended with 1,150 units trading at $7.20, Lasco Manufacturing closed at $5.20 in trading 81,983 shares. Main Event fell 70 cents and ended trading of 42,690 shares at $6.50, Medical Disposables dropped 65 cents after posting earnings of 38 cents per share compared to 37 cents in 2016 and ended at $5.15 with 24,215 units trading, Paramount Trading ended with a fall of 20 cents as 344,936 shares changed hands at $3.10 and tTech had 3,665 units changing hands at $7.50.