Record run continues for Junior Market

Investors’ attention is now focused on the Junior Market with their buying interest lifted it 16 percent, from this year’s low and pushed the market to a second day close, at a record high of 3,462.54 after rising 21.62 points.
At the close, The Lab climbed to $3.50 but ended at a record close of $3.15, Jamaican Teas ended at a record close of $5.65 and Stationery and Office Supplies closed at a record high of $12.65.
Trading ended with 32 securities changing hands, down from 36 on Tuesday, as prices of 16 securities advanced, 8 declined and 8 remained unchanged.
 Market activities resulted in an exchange of 16,230,256 units valued at $62,517,388 compared to 6,233,349 units for $30,586,927 on Tuesday.
Trading ended with an average of 479,173 units for an average of $2,057,215 in contrast to 450,840 units for an average of $1,736,594 on Tuesday. The average volume and value for the month to date amounts to 138,412 units with a value of $563,215 for each security traded, compared to 119,198 units with a value of $473,306 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 9 stocks closing with bids higher than their last selling prices and 2 closed with lower offers. Stocks ending with price changes| AMG Packaging lost 8 cents in trading 89,430 shares to close at $2.27, Blue Power declined $1.20 in trading of 57,206 units to close at $13, Caribbean Cream exchanged 161 stock units and rose 29 cents higher to $5.29, Caribbean Flavours climbed 4 cents exchanging 1,778 shares at $16.10. Cargo Handlers lost 95 cents in trading of 200 units at $10, Caribbean Producers closed 1 cent higher at $4.80, with 52,587 stock units trading, Caribbean Producers ended trading with 52,587 shares, after rising 1 cent to end at $4.80, Consolidated Bakeries ended trading with 42,456 shares, after rising 11 cents to end at $2.20. Dolphin Cove ended trading with 1,200 shares, after rising 5 cents to close at $12.05, Express Catering climbed 25 cents and exchanged 242,715 shares to close at $6.50. Everything Fresh ended trading of 44,175 shares, after rising 11 cents to end at $1.31, Elite Diagnostic closed 5 cents higher at $5.70, with 252,600 stock units trading. Fosrich Group dipped 26 cents in trading of 32,841 units to end at $4.70, Fontana closed trading of 335,330 units and gained 25 cents to end at $8.75, GWest Corporation ended with a loss of 1 cent at $1.54 with 38,657 stock units changing hands, Indies Pharma lost 10 cents in trading of 69,350 units at $3.10. Jamaican Teas closed trading of 49,450 units and gained 65 cents to end at record closing high of $5.65, Knutsford Express climbed $1.52 to settle at $12.50 with 340,610 shares changing hands, Limners and Bards climbed 15 cents and exchanged 5,684,628 shares to end at a record closing high of $3.15. Lasco Distributors climbed 18 cents trading 513,676 shares to end at $3.33, Lasco Financial closed trading of 6,941,822 units and climbed 55 cents to end at $5.15, Lasco Manufacturing lost 15 cents in trading 50,166 units to close at $4.20. Iron Rock Insurance closed with a loss of 10 cents at $4, in swapping 59,344 shares, Stationery and Office Supplies gained $1.25 to end at a record high of $12.65, in trading 1,154 stock units and tTech ended trading of 10,410 shares, after rising 10 cents to close at $6.

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

About IC