Mild losses for juniors – Tuesday

Jetcon ended at a new closing high of $4.50 on Tuesday, with gains of 100% since listing in March.

Jetcon ended at a new closing high of $4.50 on Tuesday, with gains of 100% since listing in March.

The Junior market closed on Tuesday, with the market fell slightly with 5 stocks rising, while 6 declined out of 15 securities that traded. Trading volume and value changed moderately from Monday’s levels. The market index fell 8.18 points, to close at 2,318.01. Market activities ended with 7 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
Trading ended with 907,063 units changing hands, 9 percent more than on Monday, while the value traded dropped just 5 percent, with $3,876,442, compared to $4,086,204 changing hands on Monday.
At the close, Cargo Handlers have not traded for a few days but today the stock closed with the bid at $89.01 with 100 units, nearly $3 ahead of the last sale price with 1,000 units offered for sale at $1,000.ICI Jm sum 20-09-16 As was the case on Monday, Key Insurance did not trade but seems set to trade at a new low when next it does with the offer at $2.37 to sell 152,290 units compared with the last sale of $2.49, there were no bids on the stock at the close.
Caribbean Cream gained 10 cents with 20,000 shares changing hands at of $9.10, Caribbean Flavours gained just 1 cent in closing at $8.01 with 4,749 shares changing hands, Caribbean Producers traded just 20,130 shares and lost 20 cents to close at $3.40. Consolidated Bakeries lost 1 cent to end at $2.42 with 26,559 units changing hands. General Accident closed trading with 348,954 units at $2.05, with a 15 cents loss, Honey Bun traded 800 units to end at $5.85, Jamaican Teas had 1,100 units changing hands at $4. Jetcon Corporation rose 35 cents in trading at new record high of $4.80, with 34,983 units changing hands but ended at new closing high of $4.50, to gain 100 percent, since listing in late March. ICI jm trade 20-09-16Knutsford Express lost 50 cents with 1,559 units changing hands to end at $24, Lasco Distributors closed with 76,469 units trading and ended with a gain of 14 cents at $7.04. Lasco Financial gained 15 cents with 1,165 shares changing hands to close at $3.25. Lasco Manufacturing lost 10 cents to close at $4.80 with 146,842 shares trading, tTech traded 46,953 shares and closed at $6, Derrimon Trading preference share gained 5 cents and ended with 500 units changing hands to close at $2.20 and Eppley 9.5% preference share, fell 20 cents in trading 176,300 shares, to end at $6.30.

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