Limited junior market activity

Honey Bun blocked from trading on Monday

Honey Bun blocked from trading on Monday

Trading on the junior market on Monday ended with suspension of trading in Honey Bun shares, after brokers put through trades up to $22. The trades were cancelled as the stock should have been trading ex stock split at the start of trading, but the system was not pre-prepared for the stock to trade ex-split on Monday. The stock will start trading at the ex-split price on Tuesday.
Overall trading was moderate as only a few securities were active in the junior market. At the close the market index rose 0.61 points to end at 2,128.14. The market closed with 829,940 shares valued at $2,963,453 changing hands.
A total of only 9 securities traded of which 3 advanced and 2 declined. The market ended with bids for 10 stocks closing higher than their last selling prices and 2 ending with lower offers.
At the end of trading, Caribbean Cream closed with a gain of 10 cents at $4.70, after trading 60,000 shares, JM Trdng Sht-27-5-16Consolidated Bakeries traded 160,682 units and gained 20 cents to end at $1.80, Jamaican Teas traded 80,048 units to close at $3.90, Jetcon Corporation lost 15 cents in trading 35,685 units at $2.85, KLE Group traded 2,381 shares and closed at $1.61. Lasco Distributors closed with 72,543 units trading at $7.50. Lasco Financial closed at $3.15 with 315,995 shares changing hands after falling 15 cents, Lasco Manufacturing traded 55,902 shares and rose 30 cents to close at $4.70 and tTech ended with 45,704 units changing hands at $4.50.

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