The Junior Market lost further ground on Wednesday as the market index slipped 31.33 points to end at 3,145.11 as advancing stocks just edged out declining ones 6 to 5. Volume traded increased from Tuesday’s 1 million unit level to just under 2 million units.
The junior Market closed with 16 securities versus 18 on Tuesday leading to 1,959,778 units valued at $11,361,648 trading, compared with 1,057,031 units valued at $6,029,750 on Tuesday.
Trading closed with 4 stocks having higher bids than their last traded prices and 3 closing with lower offers as the short term desire to sell dominates the market currently.
The Junior Market ended trading with an average of 122,383 units for an average value of $710,103 compared to 58,724 units for an average value of $334,986 on Tuesday. The average volume and value for the month to date amounts to just 69,674 units valued at $402,449 compared with 43,268 units valued at $248,622, previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, stocks trading and their last traded price are: AMG Packaging closed at $4.10 with 10,000 units changing hands, Caribbean Cream added 56 cents in trading 2,000 units to end at $8.01, Consolidated Bakeries rose 10 cents in trading 14,096 shares to close at $2.72, C2W Music lost 2 cents in trading 1,350 shares to close at 40 cents, Dolphin Cove lost $2 and ended at $18 with 2,979 shares trading, General Accident closed trading with 1,000 shares at $3, Honey Bun lost 17 cents and closed with 1,000 units, changing hands at $5.70 Jamaican Teas lost 5 cents trading 24,538 shares, to end at $4.15, Jetcon Corporation lost 48 cents and ended at $5 with 1,280,719 shares trading, Knutsford Express traded 9,454 shares to end at $15.80, Lasco Distributors fell 48 cents and closed at $6.50 after trading 15,575 units, Lasco Financial ended with 2,000 shares changing hands at $3.75 after losing 5 cents, Lasco Manufacturing ended with 69,398 shares trading closed at $4.90 after rising 2 cents. Main Event dropped 30 cents and ended trading 140,248 shares at $5, Paramount Trading lost 2 cents to end at $3 with 10,000 units trading and tTech traded 374,621 units for 71 cents more to $8.51.
Juniors drop again on Wednesday
Junior Market slips on Thursday
Trading on the Junior Market fell below normal levels on Thursday with 820,866 units valued at $4,017,595, and comparing favourably with the 709,260 units valued at $4,202,977 passing through the market on Wednesday.
Trading ended with 16 securities versus 21 on Wednesday leading just 5 stocks rising and 7 declining, with the market index declining 11.07 points to end at 3,183.36.
The market closed with 3 stocks having bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 51,304 units for an average value of $251,100 compared to 33,774 units for an average value of $478,260 on the previous trading day. The average volume and value for the month to date rose to 486,049 units valued at $2,125,360 compared with 515,032 units valued at $2,250,311, previously, in contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, stocks trading and their last traded price are: AMG Packaging at $4.15 with 70,383 units changing hands, Caribbean Cream lost 12 cents in trading 39,000 units to end at $7.40, Caribbean Flavours fell $1.75 in trading 3,431 units to end at $11, Caribbean Producers gained 15 cents in trading 10,350 units to end at $3.40. Derrimon Trading had 8,920 units changing hands to close 2 cents higher at $8.60, General Accident had 1,386 units changing hands to close at $2.70 after slipping by 9 cents. Honey Bun had 3,535 shares changing hands to close with 11 cents gain at $6.11, Jamaican Teas traded 630,389 shares but lost 12 cents to end at $4.75, Knutsford Express traded 19,543 shares but fell 30 cents to end at $16, Lasco Distributors ended at $7, trading 10,950 units, Lasco Financial fell 4 cents with 6,900 shares changing hands to end at $3.81, Lasco Manufacturing ended with 6,428 shares trading and closed at $4.70 after falling 27 cents. Main Event gained 45 cents and ended trading 4,153 shares at $6.45, Medical Disposables rose 28 cents and ended at $6 with 250 units trading, tTech ended with 2,000 units changing hands to end at $8 and Eppley 10% preference share ended with 3,248 units changing hands to close at $6.60.
Junior Market falls on Wednesday
Trading activity rose on the Junior Market on Wednesday with more volume and value being traded than on Tuesday. Volume going through the market rose to 2,431,664 units valued $15,710,282, compared to 1,467,646 units valued $7,509,226 on Tuesday.
Trading ended with 5 stocks rising and 10 falling as 20 securities traded versus 22 on
Tuesday. At the close of the market, the market index dropped 32.21 points to 3,189.24 and 2 stocks had bids higher than their last sale prices and 4 closed with lower offers.
The Junior Market ended trading with an average of 121,583 units for an average value of $785,514 compared to 66,711 units for an average value of $341,328 on the previous trading day. The average volume and value for the month to date rose to 675,019 units valued at $2,471,015 compared with 736,512 units valued at $2,658,293, previously. In contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, AMG Packaging fell 8 cents to close at $4 with 99,558 units changing hands, Cargo Handlers closed at $16 with just 2,500 shares trading, Caribbean Cream gained 7 cents in trading 6,100 units to end at $7.52, Caribbean Producers traded 474,617 units and rose 28 cents to end at $3.78, Consolidated Bakeries traded 472 shares to close 2 cents lower at $3.18, Derrimon Trading had 1,039,357 units changing hands to close 40 cents lower to $8.60, Dolphin Cove dropped $1 to end at $19 with 110 shares changing hands, Eppley rose $1 with 27,264 units changing hands, to close of $12. General Accident dived 60 cents and closed trading with 227,312 shares to end at $2.30, Honey Bun had 11,815 shares changing hands to close with a fall of 15 cents to $6.85, Jamaican Teas traded 10,000 shares at $4.27, Jetcon Corporation ended at $14.88 with 62,592 shares trading, after gaining 38 cents, Knutsford Express traded 36,301 shares to end at $16.45, Lasco Distributors shed 5 cents and ended trading 25,350 units at $7, Lasco Financial had 123,007 shares changing hands to end at $4. Lasco Manufacturing shed 15 cents to end at $4.65 trading 207,000 shares. Main Event dropped 49 cents to end trading with 5,311 shares at $6.Medical Disposables ended at $5 after losing 90 cents with 42,895 units crossing the exchange, Paramount Trading climbed by 19 cents and ended with 12,358 shares changing hands at $3.04 and tTech ended with 17,745 units trading at $7.90.