Robust gain for Junior Market – Friday

Trading on the Junior Market of the Jamaica Stock Exchange ended on Friday with the market index climbing 46.90 points to close at 3,478.33 as rising stocks dominated trading nearly 4 to 1.
At the close of market activities, 24 securities changing hands, up from 26 securities changed hands on Thursday, with prices of 15 securities rising, 4 declining and 5 remaining unchanged as 2,557,873 units valued at $13,773,282 traded, compared to 2,182,720 units valued at $9,969,190 on Thursday.
Trading ended with an average of 106,578 units for an average of $573,887 in contrast to 83,951 units for an average of $383,430 on Thursday. The average volume and value for the month to date amounts to 988,164 units valued at $2,580,720 and previously 1,028,085 units valued at $2,671,596 for each security traded. August ended with an average of 232,398 units valued at $1,072,851 for each traded security.
IC bid-offer Indicator| At the close of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Access Financial jumped $5 to end at $45 with 1,200 stock units trading, but closed with the offer at $43, Caribbean Cream closed trading of 5,972 units and gained 10 cents to end at $5, Dolphin Cove exchanged 34,495 shares after rising 35 cents to end at $11. Express Catering closed 10 cents higher at $6.35, with 27,825 stock units trading, Fontana closed 36 cents higher at $8.47, with the trading of 54,728 units, General Accident shed 3 cents in trading of 1,022,961 units at $6.95. GWest Corporation closed with a loss of 5 cents at $1.10, in swapping 45,000 shares, Honey Bun closed 19 cents higher at $6.39, with 36,576 stock units changing hands, Indies Pharma climbed 8 cents and exchanged 12,100 shares at $3.38, Jamaican Teas declined by 28 cents to settle at $6.12 in moving 18,092 shares. Jetcon Corporation closed trading of 7,942 units and gained 29 cents to end at $2.09, Knutsford Express added $1.60 to end at $12.50 with 102,656 stock units trading. Lasco Distributors rose 7 cents and exchanged 571,096 shares at $3.32, Lasco Manufacturing ended trading with 151,959 shares, after rising 20 cents to end at $5.40, Limners and Bards closed 30 cents higher at $2.80, with 226,883 stock units trading, Main Event ended exchanging 4,854 shares, after rising 33 cents to end at $6.05. Medical Disposables dipped 40 cents in trading of 3,943 units at $7, Paramount Trading closed 20 cents higher at $2.20, with the trading of 45,700 stock units and Stationery and Office Supplies gained $1.40 to end at $12.40 with 11,000 stock units changing hands.

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

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