More declines for Junior Market – Tuesday

Mayberry tried trading 420m Derrimon Trading shares but the transaction was disqualified.

The Junior Market Index declined by 29.09 points to close at 3,519.95 on Tuesday with volume rising 37 percent over Monday’s level resulting in a 10 percent increase the value traded over Monday.
Investors exchanged 3,646,455 units valued at $16,744,218 compared to 2,662,027 units valued at $15,208,221 on Monday. At the close of market activities, 27 securities changed hands versus 30 changing hands on Monday and resulted in 10 advancing, 13 declining and 4 remaining unchanged at the close on Tuesday.
An average of 135,054 units for an average of $620,156 traded, in contrast to an average of 88,734 units at $506,941 on Monday for each security traded. The average volume and value for the month to date amounts to units 110,675 valued at $560,569 for each security traded. In contrast, August ended with an average of 232,398 units valued at $1,072,851 for each traded security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 4 closing with lower offers.
Stocks closing with price changes| Blue Power ended market activity exchanging 3,550 shares to close at $7.49 after falling 41 cents, Caribbean Producers closed trading of 50,676 units and gained 5 cents to end at $4.80, Consolidated Bakeries ended with a loss of 1 cent at $1.99 with 350 stock units changing hands. Dolphin Cove lost 24 cents trading of 1,267 units at $11.75, Derrimon Trading lost 35 cents in exchanging 113,198 shares to close at $2.15 after Mayberry Investment tried to trade 420 million units at $1.90, but the transaction was canceled for apparently breaching the 30 percent daily price movement limit. Computation of the lowest level the stock could trade puts it was below $1.90. Express Catering climbed 10 cents and exchanged 81,030 shares at $6.50. Elite Diagnostic climbed 11 cents and exchanged 7,000 shares at $6.31, Fosrich declined 24 cents in trading of 295,386 units at $5.26, Fontana climbed 20 cents and exchanged 339,978 shares at $8.50, General Accident fell 50 cents in trading of 636,000 units at $5.50. Honey Bun lost 7 cents in trading 7,500 shares to close at 7 cents, iCreate closed with a loss of 5 cents at 82 cents, in swapping of 92,486 shares, Indies Pharma lost 10 cents in trading of 136,276 units o end tat $3.40, Iron Rock Insurance dipped 20 cents in exchanging of 2,862 units at $4. ISP Finance jumped $3.49 to end at $21 with 3,000 stock units trading, Jamaican Teas traded 121,817 shares and rose 10 cents to end at $6, Jetcon Corporation fell 22 cents to end at $1.98, with 22,800 units crossing the exchange, Limners and Bards closed 18 cents higher at $3.18, with 34,438 stock units changing hands. Lasco Distributors closed trading of 1,397,412 units and gained 7 cents to end at $3.37. Lasco Financial dipped 5 cents in trading of 12,618 units at $5.50, Lasco Manufacturing climbed 20 cents and exchanged 220,077 shares to end at $5.70, Paramount Trading ended trading 1,474 shares, after rising 38 cents to end at $1.98 and Stationery and Office Supplies ended with a loss of 1 cent at $12.49 with 5,550 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

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