Juniors squeeze out a record – Friday
October 7, 2016 by IC Insider.com
At the close, 1 stock rose and 7 declined out of 12 securities trading, including two closing at new highs. Trading slipped from Thursday’s levels, ending with 952,581 units changing hands, 46 percent lower than on Thursday, while value traded, dropped 13 percent to $6,200,775 from $7,158,594, on Thursday.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In market activity, Cargo Handlers that will split its stock 10 for 1, effective October 22 has not traded since September 12 when it closed at $86.10. The stock closed with the bid at $87.05 to buy 2,010 units at the close of trading with an offer at $90 to sell 45,551 units.
In trading activity, Caribbean Cream gave back 10 cents with 339,094 shares changing hands to end at $9.30, Caribbean Flavours closed with the price falling 99 cents in trading 2,600 units at $8. Caribbean Producers remained unchanged in trading 85,306 units to end at $3.50.Consolidated Bakeries traded 33,310 shares to close at $2.50, Derrimon Trading lost 9 cents and closed with 174,323 units changing hands at $3.51, Honey Bun traded 30,861 shares at $6.10. Jamaican Teas traded 16,761 shares to close at $3.90 after falling by 10 cents, Lasco Distributors lost 2 cents with 164,221 units trading, at $7.50, Lasco Financial ended with 10,000 shares changing hands at $3.22. Lasco Manufacturing closed at $5 with 20,000 shares trading, Paramount Trading closed with a gain of $2.50 at a 52 weeks’ high of $24.50 with only 150 shares changing hands and tTech traded 75,955 with a loss of 58 cents to end at $5.
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: CAC 2000, Caribbean Flavours, Caribbean Producers, Daily Trading, Derrimon Trading, General Accident, Honey Bun, Iron Rock Insurance, Jamaican stocks, Jamaican Teas, junior market, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Trading Activity, tTech
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