Junior Market stocks closed lower on Monday.
The Junior Market closed down on Monday, with the index slipping 9.31 points compared to a dive of 71.37 points on Friday and ended at 3,284.26 with 19 securities trading, compared to 22 on Friday with reduced volume and value of stocks trading.
At the close of trading, 6 stocks advanced and 7 declined with 903,666 units valued at $5,900,159 changed hands, compared to 2,514,401 units valued at $21,351,143 on Friday. Trading ended with 7 stocks having bids higher than their last sale prices and 4 with lower offers.
The Junior Market ended trading with an average of 47,561 units for an average value of $310,535 compared to 114,291 units for an average value of $970,507, on the previous trading day. The average volume and value for the month to date are 89,667 units and $605,576 while at the close of the prior trading day it was 91,672 units and $621,105, well below the levels for April with averages of 502,597 units and $2,768,003.
At the close of the market, Access Financial climbed $2 and closed at $44 with 7,950 units changing hands, Blue Power ended at $52 with 1,097 units changing hands, CAC 2000 traded only 269 shares to close with a rise of 30 cents at $8, Caribbean Cream closed trading with 8,370 units to end at $8, after falling 40 cents, Caribbean Producers had 119,253 units changing hands, compared more than 3 million units each on Wednesday and Thursday, the price remained at $3.50 at the close, Consolidated Bakeries dropped 48 cents trading 107,952 shares to close at $2.52, strong> Derrimon Trading ended at $8.75 with 12,000 shares changing hands, Eppley had 51,213 units changing hands to close of $12, General Accident fell 10 cents and closed trading with 27,562 shares to end at $2.90 after attempts were made to trade the stock at $1.48
as demand thinned out, the trade was cancelled after the market closed. ISP Finance ended back at $28 with 450 units changing hands, after rising $1.50. Jamaican Teas rose 13 cents and closed trading with 8,000 shares, at $4.65. Jetcon Corporation ended at $14.90 with 30,149 shares trading, Knutsford Express fell $2 and closed with 9,938 shares trading at $68. Lasco Distributors added 5 cents and ended with 90,745 units trading at $7.10, Lasco Financial gained 5 cents to end with 2,881 shares changing hands at $4.05, Lasco Manufacturing lost 20 cents to close at $5 while trading 68,897 shares, Main Event lost 80 cents and ended trading of 48,063 shares at $7.20, Paramount Trading ended with a fall of 25 cents as 200,000 shares changed hands at $2.80 and tTech had 108,877 units changing hands at $7.50.
