Knutsford Express trades 19M shares on Tuesday

Jamaica cross country luxury bus operators, Knutsford Express traded 19.44 million shares on the Junior Market as the NCB Financial Group continues to reduce their holdings in the company and booking some hefty profits in the process.
At the close of trading, the stock price of Knutsford’s share fell to a 52 weeks’ low of $11.50 as 21,381,750 units valued at $231,190,214 traded, up from a mere 776,551 units valued at $3,574,246 changing hands on Monday.
A total of 24 securities traded, down from 21 on Monday, with market Index declined by 24.38 points to close at 2,902.76 as the prices of 8 securities advanced, 10 declined and 6 remained unchanged.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than their last selling prices and 8 with lower offers.
Market activity ended with an average of 890,906 units for an average of $9,632,926 in contrast to 36,979 units for an average of $170,202 on Monday. The average volume and value for the month to date amounts to 224,366 units with an average value of $1,343,731 and previously 187,592 units with an average value of $886,396. April closed with an average of 121,622 units at $506,803, for each security traded.
At the close of the market, AMG Packaging ended at $2, with 738,353 stock units, Blue Power concluded trading at $37, with 10,027 units, Cargo Handlers settled with a loss of 33 cents at $10, with 7,801 shares, Caribbean Flavours traded 30 cents higher at $10, with 3,000 stock units, Caribbean Producers traded 13 cents higher at $5.25, with 575,781 units changing hands. Consolidated Bakeries closed with a loss of 4 cents at $1.90, with 1,000 shares, Elite Diagnostic settled 2 cents higher at $3.15, with 86,062 units, Eppley ended trading at $10.18, with 363 shares, Express Catering traded with a loss of 5 cents at $5.90, exchanging 44,946 shares. FosRich Group finished trading at $2.40, with 82,897 shares, GWest Corporation fell 1 cent to $2.10, trading 34,709 units, Honey Bun concluded trading 30 cents higher at $4.80, with 106,100 shares, Jamaican Teas ended trading 20 cents higher at $4.60, with 31,581 stock units. Jetcon Corporation traded with a loss of 6 cents at $4, while 34,435 units changed hands, KLE Group closed with a loss of 35 cents at $2.50, trading 13,000 shares, Knutsford Express ended with a loss of 99 cents at a 52 weeks’ low of $11.50, with 19,440,611 shares changing hands, Lasco Distributors concluded trading 10 cents higher at $4, with 56,281 stock units. Lasco Financial finished 40 cents higher at $5.40, with 4,985 units, Lasco Manufacturing settled at $4, with 17,000 shares, Main Event ended trading with a loss of 30 cents at $7.30, as 6,277 shares were exchanged, Stationery and Office closed with a loss of 29 cents at $8.10, with 76,232 units and tTech concluded trading with a loss of 25 cents at $6.25, exchanging 3,967 shares. In the Junior Market preference segment, Eppley 8.25% concluded trading at $6, with 3,400 units, Eppley 9.5% finished 1 cent higher at $6.01, with 2,942 shares, changed hands.
Prices of securities trading for the day are those at which the last trade took place.