The junior market closed on Friday after undergoing a day of subdued activity with 1,443,534 shares valued at $5,505,458 traded. The market index slipped 6.11 points from Thursday’s close, to end at 2,146.80. A total of 12 securities traded, with 3 advancing and 4 declining.
The junior market closed on a soft note with a total of 3 stocks closing with bids higher than their last selling prices and 7 ended with lower offers.
At the end of trading, Caribbean Cream traded 25,000 units and rose 1 cent to end at $4.71, Consolidated Bakeries ended with 51,500 shares changing hands at $1.23, General Accident ended trading with 1,541 shares, to close at $2.60. Honey Bun gained 5 cents to end at $18.25 with 7,290 shares trading, as investors interest in the stock continues with the proposed stock split is expected to be approved later in May. Iron Rock Insurance traded 37,000 shares at $3.40, Jamaican Teas traded 33,174 shares to end at $3.90 with a loss of 1 cent. Jetcon Corporation closed at $3 while 785,615 units traded, KLE Group jumped 37.5 percent in trading 16,550 shares to gain 60 cents and closed at $2.20, Lasco Distributors closed with 185,483 units trading, to close at $7.50, Lasco Financial closed with a loss of 2 cents at $3.47 with 178,184 shares changing hands. Lasco Manufacturing fell 10 cents to close at $4.50 with 121,972 shares trading and tTech ended with 225 shares changing hands, to close at $4.45.
Juniors slipped mildly on Friday
May 6, 2016 by