Sharp rise in Junior Market index

Junior Market activities ended on Monday with 26 securities changing hands, from 29 on Friday, resulting in an exchange of 883,148 units valued at $4,794,911 compared to 2,703,365 units valued at $18,646,706 on Friday.
At the close, the market index gained 37.52 points to close at 3,411.59, resulting from gains in 9 securities and declines in 11 while the prices of 7 remained unchanged and moving the market’s average PE to 12.6.
Trading ended with an average of 33,967 units for an average of $184,420 in contrast to 93,219 units for an average of $642,990 on Friday. In contrast, November closed with an average of 120,579 shares at $506,880 for each security exchanged
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator with 2 stocks ending with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial dropped $6.68 trading 10,522 units to finish at $30, Caribbean Flavours lost $2.26 to end at $15.64 with a mere 50 units crossing the market. Derrimon Trading gained just 3 cents to end at $2.62 with 149,264 stock units changing hands, Dolphin Cove closed with a rise of only 1 cent at $11.11, in swapping of 589 shares. Elite Diagnostic added 8 cents and exchanged 86,142 shares at $5.40, Express Catering dropped 38 cents after exchanging 43,365 shares at $6. Fontana closed trading of 16,028, units, but fell 30 cents to end at $7.50, GWest Corporation ended with 5,000 shares trading, after rising 6 cents to end at $1.06. Honey Bun closed 50 cents higher at $7.50, with 63,788 stock units crossing the exchange, Indies Pharma traded 5,536 shares and rose 25 cents and close at $3.35. ISP Finance traded 302 shares after falling 31 cents to end at $31.99, KLE Group gained 13 cents in trading of 200 units at $1.53, Lasco Distributors closed trading of 9,000 units and gained 40 cents to end at $3.90. Lasco Financial closed trading of 17,100 units and shed 9 cents to end at $4.41, Lasco Manufacturing exchanged 171,733 shares, after rising 17 cents to end at $5.22, Limners and Bards lost 5 cents and traded 7,500 shares at $2.95. Paramount Trading rose 2 cents in transferring 38,656 stock units at $1.98, Stationery and Office Supplies fell 5 cents in trading of 16,904 units at $11 and tTech exchanged 8,000 shares at $6 with the fall of 1 cent.

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

About IC