The Junior Market suffered a significant fall on Monday with the market index dropping 66.99 points to close at 3,395.92 points resulting from gains in 11 securities declines in 10 while the prices of 6 remained unchanged.
Junior Market activity, left the market’s average PE at 14.6. Trading ended with 28 securities changing hands, resulting in an exchange of 13,720,939 shares for $30,393,491 compared to 18,043,694 units for $43,397,194 from 28 securities trading on Friday.
Trading ended with an average of 490,034 units for $1,085,482 for each stock traded, in contrast to 644,418 units for $1,549,900 on Friday. The average volume and value for the month to date amounts to 244,025 shares at $572,282 compared to an average of 194,110 shares at $468,155 for each security traded. In contrast, November closed with an average of 120,579 shares at $506,880 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator with seven stocks ending with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, Access Financial traded 5,394 units to finish with a fall of $5.29 at $35.29, AMG Packaging dipped 2 cents in trading 20,760 shares at $2.05, Caribbean Cream gained 15 cents to close at $4.40 with 2.900 stock units crossing the exchange. Derrimon Trading lost 13 cents after a transfer of 115,500 shares at $2.50, Dolphin Cove lost 1 cent after exchanging just 236 stocks at $11.10, Elite Diagnostic rose 25 cents to end at $5.75 with the trading a mere 365 units. Express Catering jumped 80 cents to close at $6.30 with an exchange of 34,922 shares, Fontana suffered a sharp 61 cents fall to close at $7.20 in exchanging 66,950 stock units, FosRich traded 12,514 shares and rose 25 cents to end at $5.75. General Accident fell 35 cents to $7.15 while transferring 6,500 shares, Honey Bun closed with a rise of 5 cents to close at a 52 weeks’ high of $8.05, with 28,055 stock units crossing the exchange, iCreate traded 73,341 shares but rose 2 cents to end at 60 cents. Indies Pharma traded 11,122 shares and lost 15 cents in closing at $3.05, Jamaican Teas fell 9 cents in exchanging 21,220 shares to end at $6.06, Jetcon Corporation traded just 581 shares and gained 13 cents to close at $1.93. Lasco Distributors closed with just 100 units changing hands after rising 6 cents to end at $3.56, Lasco Financial lost 2 cents with the trading of 27,926 shares at $4.40, Limners and Bards rose 8 cents with 26,272 shares changing hands at $2.85. Recently listed, MailPac, traded 12,827,913 shares with the price pulling back 24 cents to end at $1.98, Medical Disposables exchanged 13,090 shares after gaining 40 cents to close at $7.50 and Paramount Trading closed at $2 after slipping 5 cents with an exchange of 21,000 shares.
Prices of securities trading for the day are those at which the last trade took place.