Key Insurance list on junior market

Natalia Gobin-Gunter Chairman and Deputy Managing director inserting name strip to indicate listing of Key Insurance on the junior market on Thursday

Natalia Gobin-Gunter Chairman and Deputy Managing director inserting name strip to indicate listing of Key Insurance on the junior market on Thursday

Key Insurance Company was listed today but did not traded by the close but had 87,500 units on the bid above the Initial Public offering price of $2.27 with bids at $2.53. ISP Finance that was listed on Wednesday and closed trading at $2.50 on the opening day did not trade today, but Jetcon Coporation that was listed on the day before Easter, traded to close at $2.90, in a market that had only modest trades, taking place.
At the close, the junior market index gained 30.46 points being added to close at 1,925.22. The market ended with 16 active securities, 6 of which advanced and 5 declined as a mere 617,159 units changed hands, valued at $2,081,398. There were 4 stocks closing with bids that were higher than their last selling prices and 5 ended with lower offers.
In trading, AMG Packaging closed at $11 with 2,500 units changing hands, CAC 2000 traded 2,620 shares at $7, Caribbean Cream traded 46,275 shares as the price rose 11 cents to end at $4.40, Caribbean Flavours fell 2 cents with 3,100 shares changing hands to end at $7.55. Caribbean Producers traded 124,000 shares to end with a rise of 60 cents at $4.80, Consolidated Bakeries had 5,000 units trading with a rise of 10 cents to end at $1.15, C2W Music gained 4 cents with 50,000 units changing hands at 40 cents, Iron Rock had 2,500 shares trading at $4, JM sum 31-03-16rvJamaican Teas lost 5 cents in closing at $3.80 after trading 14,805 units. Jetcon Corporation traded at a new closing high of $2.90, after trading 230,128 shares, KLE Group traded at $2.10 with a loss of 10 cents with 1,000 shares changing hands, Knutsford Express closed with 2,096 units changing hands to end at $22, Lasco Distributors ended with 19,100 units trading, to end at $5.80. Lasco Financial ended at $3 with 91,755 shares changing hands after regaining 35 cents, Lasco Manufacturing ended with 20,780 shares changing hands to close at $3.70, with a fall of 10 cents and Paramount Trading closed with a loss of 31 cents and closed with 1,500 shares trading at $11.

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