Sharp drop for juniors – Thursday

Lasco's ICool. The stock traded 7.88M units on Thursday.

Lasco’s ICool. The stock traded 7.88M units on Thursday.

Lasco Manufacturing lost 55 cents and was the main company that hit the market index sharply down for the day. The market suffered a second day of sharp fall by dropping 53.88 points, adding to the 48.02 points fall on Wednesday to end at 1,911.65. With 12 securities trading, 5 declined and 2 advanced.
The market ended with 8,580,380 units changing hands, valued at $31,720,793 but with the exception trades for the two big Lasco companies, volume was very thin. At the close, 1 security ended with no bid and only 5 securities had no stocks being offered for sale. There were 5 stocks closing with bids that were higher than their last selling prices and none ended with a lower offer.
In trading, Access Financial Services ended with 3,448 units changing hands at $17 after falling by $3, AMG Packaging lost 25 cents with 2,255 units changing hands to close at $11.15, C2W Music had 9,000 shares trading to end at 43 cents. Caribbean Cream JM sum 10-03-16that fell $1.23 to $3.27 on Wednesday, did not trade on Thursday but ended with a bid to buy 5,911 units at $4. Caribbean Producers had 5,000 units changing hands to close at $4.50, Consolidated Bakeries traded 2,642 units to end at $1.50, General Accident gained 19 cents in closing at $2.69 with 150,999 shares changing hands, Honey Bun lost 39 cents in trading 2,800 shares to close at $14.61. Lasco Distributors closed with 490,999 units trading to end at $6, Lasco Financial gained 4 cents to end at $3.05 with 24,700 shares changing hands, Lasco Manufacturing ended 55 cents lower in trading 7,880,027 shares to close at $3.50 and tTech traded 7,510 shares to close at $4.25.

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