Nice jump for Junior Market

The Jamaica Stock Exchange Junior Market Index jumped 42.38 points to close at 3,126.21 on Friday as rising stocks beat declining ones 3 to 2.
At the close of market activities, the prices of 12 securities advanced, 8 declined and 11 remained unchanged. Fontana jumped to a 52 weeks’ intraday high of $9 but pulled at the close to trade below Thursday’s last traded price.
The market close on Friday with 31 securities changing hands, similar to Thursday, resulting in an exchange of 2,453,740 units valued at $12,590,576 compared to 1,843,387 units for $6,929,942 on Thursday.
Trading ended with an average of 79,153 units at $406,148 for each security trading, in contrast to 59,464 units for an average of $223,547 on Thursday. The average volume and value for the month to date amounts to 86,814 units with a value of $302,918 for each security traded, compared to 89,989 units with a value of $295,131 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks closing with bids higher than their last selling prices and 4 closed with lower offers.
Stocks ending with price changes| Blue Power ended trading 20,800 shares, after rising 50 cents to end at $6.50, CAC 2000 gained $1.95 to end at $14.95 with 1,155 stock units changing hands, Cargo Handlers climbed 95 cents in exchanging 7,800 shares at $10, Caribbean Cream exchanged 5,000 shares to close at $5.01 after falling 24 cents. Consolidated Bakeries traded 11,333 units and gained 19 cents to end at $1.79, Derrimon Trading swapped 103,000 shares, after rising 12 cents to end at $2.60, Express Catering lost 14 cents in trading 56,655 units at $6.21, Elite Diagnostic closed trading with 85,338 shares, after rising 20 cents to end at $5. Fosrich Group dipped 5 cents trading 128,815 units at $4.91, Fontana declined 59 cents in trading of 874,679 units at $7.41 after hitting a new all-time high of $9 before selling came in and pushed the price down. Gwest Corporation climbed 5 cents and exchanged 19,736 shares at 96 cents, Honey Bun climbed 15 cents and exchanged 1,000 shares at $6.05, iCreate ended with a loss of 1 cent at 70 cents with 102,230 stock units changing hands. Indies Pharma ended trading with 320,470 shares, after rising 1 cent to end at $3.02, Jamaican Teas ended with a loss of 1 cent at $4.44 with 21,911 stock units changing hands, Jetcon Corporation fell 9 cents in trading 2,084 units at $1.80. Lasco Distributors closed 5 cents higher at $3.20, with 38,196 stock units trading. Iron Rock Insurance closed trading of 3,000 units with a gain of 3 cents to end at $3.53, Stationery and Office Supplies declined 1 cent, to close at 9.01, with 58,105 stock units changing hands and tTech ended trading of 27,199 shares, after rising 10 cents to end at $5.10.

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

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