Juniors squeeze out another record close
January 11, 2017 by IC Insider.com
At the close of trading on Wednesday the prices of 10 stocks rose, 6 declined with 15 securities trading, compared to 20 trading on Tuesday. Volume of stocks traded rose 186 percent, from Tuesday’s low level, ending with a volume of just 3,135,713 units, changing hands, valued at $16,330,699, up by 163 percent from $6,212,985 on Tuesday.
An average of 209,048 units with an average value of $1,088,713 traded, compared to 54,759 units with an average value of $310,649 on the preceding trading day. The average for the month to date is 82,787 units with an average value of $425,109 versus 61,744 units with an average value of $314,508 on Tuesday. The average for December is 131,147 units, at an average of $672,488.
The market closed with 9 stocks with bids higher than their last sale and 1 with a lower offer than their last sales.
At the close of trading, Access Financial Services traded 939 units to close at $25, after trading at an intraday high of $25.30, Cargo Handlers climbed to a new high of $20.80 after gaining 80 cents with 3,882 shares trading, Blue Power rose 50 cents and closed at a 52 weeks’ high of $350 with 12,000 units traded. Caribbean Cream gained 60 cents with 25,000 units being exchanged to end at $8.50, Caribbean Flavours fell 20 cents while trading 4,500 shares to close at $11.80, Caribbean Producers rose 30 cents in trading 60,359 units at $3.75, Derrimon Trading pulled back Tuesdays record close to end with a fall of 89 cents to $5.41 with 307,545 shares changing hands. Dolphin Cove closed at $14.90 with 2,094 shares changing hands, after slipping by 9 cents, General Accident traded 26,150 shares and rose 18 cents to close at a 52 weeks’ high, of $3.18, Honey Bun had 118,520 shares changing hands, to close at $5.50, after losing 45 cents. Jetcon Corporation lost 20 cents, to close at $6.80, with 12,450 shares being exchanged by investors, KLE Group ended with 30,000 units changing hands at $2.20, Lasco Distributors ended with 5,196 units trading, to close at $7. Lasco Manufacturing lost 10 cents to end at $5, with 2,526,478 units trading and Medical Disposables closed unchanged at $4.45 with only 600 shares changing hands.
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Cargo Handlers, Caribbean Flavours, Caribbean Producers, Daily Trading, Derrimon Trading, Dolphin Cove, General Accident, Honey Bun, Jamaican stocks, Jetcon Corporation, junior market, Lasco Distributors, Medical Disposables, Trading Activity
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