The Junior Market, closed with the market index rising 15.28 points to 3,192.42, during Friday’s session the index rose as much 51 points but receded towards the end.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 3 stocks ending with bids higher than their last selling prices, 1 closed with a lower offer.
The market closed with 26 securities changing hands, compared to 30 on Thursday, resulting in the prices of 10 advancing, 6 declining and 6 remaining unchanged.
The day’s trading ended with 15,120,642 units valued at over $55,182,607 changing hands, compared to 15,342,524 units valued at $89,754,042 on Thursday. While the traded volume was dominated by Caribbean Producers with 11.58 million shares and Indies Pharma with nearly 2.48 million units, Friday closed with Lasco Manufacturing contributing 7 million units followed by Key Insurance with 3.68 million units, Lasco Distributors with 2.59 million shares while Indies Pharma chipped in with 887.7 thousand shares.
Trading closed with an average of 687,302 units for an average of $2,508,300 in contrast to 590,097 units for an average of $3,452,079 on Thursday. The average volume and value for the month to date amounts to 280,667 units at $1,375,747, compared to 256,357 units at $1,308,040 on the previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Blue Power concluded trading 500 units at $47, Caribbean Cream lost 32 cents and closed at $5.30, trading 71,500 shares, Caribbean Flavours traded 50 cents higher at $16, with 6,481 stock units, Caribbean Producers finished trading 2,740 units and rose 19 cents to $6.79, Derrimon Trading concluded trading with a loss of $1.57 down to $21, exchanging 74,100 shares. Elite Diagnostic settled with a loss of 15 cents at $3, trading 296,533 units, Everything Fresh traded 141,505 shares and ended at $2.20, Express Catering traded 3,965 shares and rose 30 cents to $8.30, General Accident closed 19 cents higher at $3.80, with 197,170 stock units changing hands, GWest Corporation ended at $2, trading 29,592 units. Honey Bun concluded trading at $4.50, with 10,205 shares, Indies Pharma pulled back 6 cents in trading 887,723 shares to end at $2.54, after trading at an all-time high of $2.70 during the day, Jamaican Teas ended trading with a loss of 5 cents at $4.25, with 6,032 stock units, Jetcon Corporation added 2 cents at $4.01 and traded 53,353 shares, Key Insurance traded 3,684,607 shares and rose 1 cent to $3.06. Lasco Distributors concluded trading with a loss of 10 cents at $3.85, while exchanging 2,589,994 stock units, Lasco Financial finished 40 cents higher at $5.90, with 26,226 units traded, Lasco Manufacturing settled 12 cents higher at $3.85, with 7,001,050 shares, Medical Disposables closed at $5.10, as 16,166 shares changed hands. Paramount Trading finished trading 10,000 stock units at $3, Stationery and Office closed 10 cents higher at $8.60, exchanging 1,600 units and tTech concluded trading of 9,600 shares while rising 49 cents higher to $5.50.
Prices of securities trading for the day are those at which the last trade took place.