Trading on the Junior Market dropped sharply on Monday to 1,438.180 shares valued at $7,648,204.78, from 8,428,003 shares valued at $32,387,101 on Friday. At the close, the market index rose 32.62 points to 2,988.90.
Trading ended with 17 securities changing hands, down from 20 on Friday with 5 gaining and 11 declining and with 6 stocks having a higher bids than the last traded price and 5 closing with lower offers.
The Junior Market ended trading with an average of 84,599 units for an average value of $449,894 compared to 421,400 units for an average value of $1,619,355 on Friday. The average volume and value for the month to date amounts to 74,820 units valued at $371,129 compared 74,208 units valued at $366,206 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, AMG Packaging closed at $3.50 with 7,486 units changing hands, Blue Power dived $4 to close at $45 with 143 units, CAC 2000 lost 31 cents with 500 shares trading to end at $6.40, Caribbean Cream jumped by $1 and closed trading with 3,205 units at $6, Caribbean Producers lost 23 cents to close trading with 700 units, at $3.07, General Accident lost 20 cents and closed trading with 14,242 shares at $2.50, ISP Finance slipped $2 and closed with 23,500 units changing hands at $12, Jetcon Corporation traded 142,419 shares to end at $4.50, after slipping 4 cents, KLE Group ended at $2 with 31,325 shares changing hands, Knutsford Expressclimbed $1 in trading 591 shares to end at $15, Lasco Distributors closed 59 cents higher at $6.90 after trading 552,000 units, Lasco Financial lost 5 cents and ended with 235,000 shares changing hands at $3.50, Lasco Manufacturing shed 30 cents and ended with 418,482 shares trading at $4.50, Main Event lost 30 cents to close with 689 shares trading at $5.30, Medical Disposables rose 1 cent, ending at $5.51 with 250 units trading, Paramount Trading gained 20 cents and ended with 1,000 units changing hands at $2.95 and tTech traded 33,400 units, falling 40 cents to close at $9.60.
Junior Market gains on Monday
More declines for Junior Market – Tuesday
Trading which dropped sharply on the Junior Market on Monday declined even more on Tuesday with only 401,316 units changing hands down from 671,349 units trading on Monday. Traded valued also declined to $2,286,974 from $3,163,547.
At the close 16 securities traded, up from 21 on Monday with the market index posting a loss of 16.66 points to end at 2,970.41 as the price of 6 stocks advanced and 5 declined. Trading closed with 3 stocks having a higher bids than the last traded price and 3 closing with lower offers.
The Junior Market ended trading with an average of just 25,082 units for an average value of $142,936 compared to 31,969 units for an average value of $150,645 on Monday. The average volume and value for the month to date amounts to 55,788 units valued at $307,527 compared 58,347 units valued at $321,243 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, Access Financial Services lost 4 cents to close at $46.01 in trading traded 413 units, CAC 2000 gained 1 cent to end at $6.73 with 10,000 shares trading, Caribbean Producers lost 10 cents and closed trading with 17,628 units, at $3.40, Consolidated Bakeries ended with 29,635 units changing hands, to close at $2.62 General Accident closed trading with 2,960 shares to end at $2.70, Honey Bun . lost 14 cents to close trading with 2,000 shares at $5.70, ISP Finance dropped 50 cents and closed with 12,000 units changing hands at $13, Jamaican Teas ended trading 9,700 shares at $4.20, Jetcon Corporation traded 12,961 shares and rose 5 cents to end at $4.54, Knutsford Express traded 750 shares to end at $14.50, after falling 20 cents, Lasco Distributors closed at $6.37 after trading 164,442 units, Lasco Financial ended with 500 shares changing hands to end at $3.60, Lasco Manufacturing fell 3 cents and ended with 117,131 shares trading at $4.77, Main Event rose 32 cents with 3,048 shares trading to end at $5.50, tTech added $2 trading 17,148 units to close at $10 and Eppley 9.5% preference share lost 5 cents to close at $6 with 1,000 units trading.
Junior Market trading drops sharply – Monday
Trading dropped sharply on the Junior Market on Monday with only 671,349 units changing hands well off the 3,595,987 units trading on Friday. Traded valued also declined to $3,163,547 from $20,377,796.
At the close 21 securities traded, up from 18 on Friday with the market index posting a loss of 21.57 points to end at 2,987.07 as the price of 6 stocks advanced and 11 declined. Trading closed with 5 stocks having a higher bids than the last traded price and 3 closing with lower offers.
The Junior Market ended trading with an average of just 31,969 units for an average value of $150,645 compared to 199,777 units for an average value of $1,132,100 on Friday. The average volume and value for the month to date amounts to 58,347 units valued at $321,243 compared 60,745 units valued at $336,751 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, Access Financial Services lost 45 cents to close at $46.05 in trading traded 166 units AMG Packaging fell 25 cents to close at $3.75 with 11,335 units changing hands, Blue Power saw investors buying 2,082 shares at $50, CAC 2000 rose 15 cents to end at $6.72 with 10,000 shares trading, Cargo Handlers dropped 75 cents in trading 3,000 shares to close at $13.75, Caribbean Cream closed trading with 500 units and fell 40 cents to end at $6.60, Caribbean Producers added 49 cents and closed trading with 300,000 units, at $3.50, / Derrimon Trading ended with 2,133 units changing hands, to close at $8 after falling 2 cents. General Accident closed trading with 300 shares to end at $2.70, Honey Bun lost 27 cents to close trading with 5,000 shares at $5.84, >ISP Finance dropped 6 cents and closed with 6,700 units changing hands at $13.50, Jamaican Teas gained 20 cents and ended trading 300 shares at $4.20, Jetcon Corporation traded 10,354 shares and rose 19 cents to end at $4.49, Knutsford Express traded 1,700 shares to end at $14.75, after falling 10 cents, Lasco Distributors added 12 cents and closed at $6.37 after trading 115,667 units, Lasco Financial ended with 94,678 shares changing hands to end at $3.60, Lasco Manufacturing rose 10 cents and ended with 6,363 shares trading at $4.80, Main Event dropped 75 cents with 75,392 shares trading to end at $5.18, Medical Disposables ended at $5.50 with 21,679 units trading, and tTech dived $2 trading 2,425 units to close at $8.
Juniors drop 5% for week
At the close of the Junior Market on Friday, the market index shed almost 5 percent as it fell 68.54 points on and 157.79 points for the week, to end at 3,064.46. Advancing stocks outnumbered declining ones, 6 to 5, at the close of trading, for the week.
The market closed with 19 securities versus 16 on Thursday leading to 1,798,125 units valued at $9,009,745 trading, compared with 1,273,040 units valued at $6,292,991 on Thursday.
Trading closed with 7 stocks having higher bids than their last traded prices and 1 closing with a lower offer as the short term desire to sell continued to dominate the market currently.
The Junior Market ended trading with an average of 94,638 units for an average value of $474,197 compared to 67,002 units for an average value of $331,210 on Thursday. The average volume and value for the month to date amounts to 74,132 units valued at $402,551 compared with units 69,006 units valued at $384,639 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, Access Financial Services lost 50 cents to close at $46.50, trading 199 units AMG Packaging closed at $4 with 22,679 units changing hands, Blue Power closed at $50 with 862 units changing hands, CAC 2000 shed $1.43 to end at $6.75 with 27,757 shares trading, Cargo Handlers traded 1,259 shares and fell 5 cents to $14.45, Caribbean Flavours ended trading 240 units at $12.10, Caribbean Producers closed trading with 11,400 units to end at $3.40, Consolidated Bakeries closed trading with 12,732 shares at $2.72, Derrimon Trading ended at $8.05 with 132,000 shares changing hands, General Accident closed trading with 103,720 shares to end at $2.90, Iron Rock lost 30 cents and closed with 200 units, changing hands at $3.20 Jamaican Teas lost 30 cents trading 9,800 shares, to end at $3.80, Jetcon Corporation shed 55 cents to $4.50 with 804,795 shares trading, Knutsford Express traded 11,582 shares and lost 15 cents to end at $14.85, Lasco Distributors closed at $6.80 after trading 16,000 units, Lasco Financial ended with 68,052 shares changing hands at $3.60 after slipping 20 cents, Lasco Manufacturing fell 40 cents and ended with 535,551 shares trading, to close at $4.30. Main Event gained 50 cents to end trading 31,922 shares at $5.50 and Medical Disposables lost 50 cents and closed at $5.50 with 7,375 units trading.