More decline for Junior Market – Wednesday

Stocks mostly gained at the close of trading on the Junior Market on Wednesday with the market Index declining 32.11 points to close at 3,186.39 as 25 securities changed hands versus 20 on Tuesday.
At the close on Wednesday just, with 9 stocks rising, 10 declining and 6 remaining unchanged with an exchange of 3,017,657 units valued at $9,935,529, compared to 1,254,634 units valued at $4,719,006 on Tuesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed Wednesday with 5 stocks ending with bids higher than their last selling prices, while 4 closed with lower offers. The market closed before a series of results were posted. The picture that was painted is that the results are mixed with some likely to encourage selling and fewer that will result in prices moving up. With 2018 almost ended, investors should start planning for the winners in 2019 as such some poor results now could point to big winners next year.
Trading ended with an average of 120,706 units for an average of $397,421 in contrast to 50,185 units for an average of $188,760 on Tuesday. The average volume and value for the month to date amounts to 108,057 units valued at $537,578 and previously 106,499 units valued at $554,839. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, AMG Packaging ended with a loss of 10 cents at $1.75, with 44,342 stock units changing hands, CAC 2000 closed at $16, in exchanging 2,562 shares, Caribbean Cream ended trading 14,500 shares to close at $6, Caribbean Flavours traded just 100 stock units $2 higher at $20, Derrimon Trading ended at $2.70, with 33,664 shares changing hands. Elite Diagnostic finished with a loss of 10 cents at $3.30, while 3,685 stock units changed hands, Everything Fresh lost 15 cents in trading 183,881 shares to close at of $1.75, Express Catering ended trading with a loss of 44 cents at $7.55, with 16,043 shares, FosRich Group traded 36,429 shares and rose 20 cents to $3.40, General Accident finished trading 1,051,170 share, 25 cents higher at $4. GWest Corporation closed 10 cents higher at $1.90, with 32,750 stock units changing hands, Honey Bun ended with a loss of 48 cents at $3.51, trading 70,766 units, Indies Pharma ended trading of 56,697 shares and lost 5 cents to close at $3.05, Iron Rock concluded trading of 20,000 shares, with a loss of 49 cents at $4.50, Jamaican Teas settled at $3.90, with 261,000 shares changing hands. Jetcon Corporation ended trading with 33,200 stock units and jumped 65 cents to $4.50, KLE Group finished trading 88,888 shares, with a rise of 10 cents to $4, Knutsford Express closed at $12, with 200 shares trading, Lasco Distributors ended 10 cents higher at $4, with 101,180 shares changing hands. Lasco Financial concluded trading of 17,648 stock units with a loss of 34 cents at $4.85, Lasco Manufacturing finished 1 cent higher at $3.18, in exchanging 331,709 units, Main Event settled at $5.55, with 13,287 shares changing hands, Medical Disposables ended trading with a loss of 45 cents at $7.65, with an exchange of 500 shares, SSL Venture Capital traded 581,561 shares with a loss of 5 cents at $1.76 and tTech ended 50 cents higher at $6.50, with 21,895 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

About IC