Fontana hits new high on Monday.
The Junior Market Index jumped sharply by 61.52 points to 3,165.12 at the close on Monday with 23 securities changing hands, resulting in the prices of 12 securities rising, 7 declining and 4 remaining unchanged.
Pharmaceutical company, Fontana traded at a new all-time high of $5.59 but pulled back by the close to end at a 52 weeks’ high. Trading ended with an exchange of just 387,846 units valued at $1,455,265 down sharply from 3,027,637 units valued at $13,035,247 on Friday from 32 securities changing hands.
Trading ended with an average of 16,863 units for an average of $63,272 in contrast to 94,614 units for an average of $407,351 on Friday. 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 5 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Access Financial rose by $1.30 in trading of 1,405 shares to end at $46.30, higher, AMG Packaging climbed 5 cents and exchanged 6,045 shares at $2.05, CAC 2000 settled at $1 higher at $15 but with only 100 stock units trading. Caribbean Flavours declined by 30 cents to settle at $14 after exchanging 5,550 units, Caribbean Producers gained 10 cents and exchanged 1,000 shares at $4.90. Derrimon Trading ended with a loss of 1 cent at $2.52 with 10,633 stock units changing hands, Dolphin Cove closed trading of 545 units to end at $12, Everything Fresh declined 3 cents trading of 47,743 units at $1.37, Express Catering ended trading with 100 shares, after rising 10 cents to end at $6.70. Fontana rose 45 cents to at a record close of $5.25, trading 88,773 stock units after hitting an all-time high of $5.59, FosRich Group traded of 8,620 units at $4.50, GWest Corporation closed at $1.21, with 74,425 stock units traded, General Accident ended trading with 7,115 shares, after rising 10 cents to end at $4.20. Honey Bun ended market activity exchanging 14,789 shares to close at $6.65 after falling 10 cents, Jetcon Corporation exchanged just 1,320 shares to close at $1.88,
iCreate declined by 2 cents to settle at 72 cents with 43,220 shares changing hands, Indies Pharma fell 5 cents in trading of 1,600 units at $3.10. Lasco Distributors ended trading with 5,537 shares, after rising 10 cents to end at $3.40, Lasco Financial exchanged 2,255 shares, after rising 29 cents to end at $5, Lasco Manufacturing closed 20 cents higher at $4.25, with an exchange of 39,538 stock units, Main Event ended market activity exchanging 2,522 shares to close at $5.71 after falling 29 cents. Stationery and Office ended trading with 20,000 shares, after rising 69 cents to end at $9.70 and tTech closed 4 cents higher at $5.50, with 5,000 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
