Junior’s volume jumps on Tuesday

Medical Disposables at new closing high.

Medical Disposables at new closing high.

Trading on the junior market of the Jamaica Stock Exchange on Tuesday declined from Friday’s levels. Market activity resulted in advancing stocks over powering declining stocks 6 to 2, pushing the junior market index down by 14.48 points to 2,384.78 to be up 33 percent for the year to date.
At the close, 16 securities traded, versus 14 on Friday but volume surged 1,322 percent from Friday’s levels, ending with 4,471,960 units changing hands, while value traded, leapt 1,578 percent to $24,376,547 from $3,787,554, on Friday. Jamaican Teas accounted for 3,968,532 units valued at $15,874,135 trading to close at $4.
ICI Jm sum 18-10-16 An average of 279,498 units with an average value of $1,523,534 traded, compared to an average of 46,283 units at $270,540 on the previous trading day. The average for the month to date amounts to 155,282 units at $792,648.
Market activities ended with 3 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
In trading activity, Access Financial Services traded 3,000 shares at $21, AMG Packaging ended at $20 with 290,000 units changing hands, Blue Power gained 10 cents and closed with 3,700 units changing hands at $24.50, Cargo Handlers ended with 15,000 shares changing hands at $90, Caribbean Producers gained 3 cents in trading 16,800 units to end at $3.65. Consolidated Bakeries lost 5 cents in trading 3,131 shares to close at $2.45, Dolphin Cove traded 683 shares to end at $12.05, ICI Jm trd sht 18-10-16Jetcon Corporation had 19,610 units changing hands, to end at $4, Knutsford Express ended at $23.20 with 750 shares changing hands, Lasco Distributors had 121,043 units trading and closed with a gain of 1 cent at $7.01, Lasco Financial gained 1 cent and ended with 18,200 shares changing hands at $3.01, Lasco Manufacturing closed at $4.75 with 7,945 shares trading. Medical Disposables traded 1,251 shares and jumped 50 cents to close 52 weeks’ high of $5, Paramount Trading ended with 2,040 shares changing hands at 4 cents higher to close at $23.99 and tTech lost 5 cents in trading 275 shares to close at $5.

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