The Junior Market lost further ground on Tuesday with the market index slipping 19.51 points, to end at 3,176.44, as advancing stocks just edged out declining ones 7 to 6. Volume traded recovered somewhat from Monday’s low level, to just over 1 million units.
The junior Market closed with 18 securities versus the same number on Monday leading to only 1,057,031 units valued at $6,029,750 trading, compared with 500,614 units valued at $2,920,659 on Monday.
Trading closed with 4 stocks having higher bids than their last traded prices and 6 closing with lower offers as the short term desire to sell dominates the market currently.
The Junior Market ended trading with an average of just 58,724 units for an average value of $334,986 compared to 28,812 units for an average value of $162,259 on Monday. The average volume and value for the month to date amounts to just 43,268 units valued at $248,622 compared with 162,259 units valued at $162,259, 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: Blue Power closed at $50 with a mere 800 units changing hands, Cargo Handlers dropped $1.40 in trading 500 shares to end at $14.50, Caribbean Cream dropped 56 cents in trading 168,533 units to end at $7.45, Caribbean Flavours gained 10 cents in trading 560 units to end at $12.10, Caribbean Producers ended trading with 25,160 shares to close at $3.69, C2W Music lost 1 cents in trading 17,385 shares to close at 42 cents, Dolphin Cove recovered the $3 it dropped on Monday and ended at $20 with 5,037 shares trading, Honey Bun gained 27 cents and closed with 5,000 units, changing hands at $5.87, 
Jamaican Teas traded 24.400 shares, to end at $4.20, Jetcon Corporation rose 13 cents and ended at $5.48 with 713,635 shares trading, Key Insurance traded 1,035 shares to end at $3.05. Knutsford Express traded 4,570 shares and rose 80 cents to end at $15.80, Lasco Distributors fell 2 cents and closed at $6.98 after trading 24,253 units, Lasco Financial ended with 1,622 shares changing hands at $3.80, Lasco Manufacturing ended with 4,925 shares trading closed at $4.88 after falling 12 cents. Main Event dropped 70 cents and ended trading 26,572 shares at $5.30, Medical Disposables rose 0 cents and ended at $6 with 30,544 units trading and Paramount Trading rose 2 cents to end at $3.02 with 100 units trading.
Juniors drop again on Tuesday
Juniors drop – Monday
The Junior Market lost ground on Monday as the market index fell 26.30 points to end at 3,195.95 as declining socks just edged out advancing ones.6 to 5. Volume traded suffered a 66 percent reduction and the value of stocks trading dropped 63 percent, compared to trading on Friday.
The junior Market closed with 18 securities versus 23 on Friday leading to only 500,614 units valued at $2,920,659 trading compared with 1,459,166 units valued at $7,939,041 on Friday.
Trading closed with 6 stocks having higher bids than their last traded prices and 5 closing with lower offers.
The Junior Market ended trading with an average of just 28,812 units for an average value of $162,259 compared to 63,442 units for an average value of $345,176 on Friday. 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 $4.05 with a mere 594 units changing hands, Cargo Handlers traded 8,204 shares and fell 9 cents to $15.90, Caribbean Producers gained 19 cents in trading only 373 shares to close at $3.69, C2W Music traded 6,000 shares to close at 43 cents, Derrimon Trading ended at $8.05 with 11,912 shares changing hands, Dolphin Cove dropped $3 and ended at $17 with 753 shares trading, Eppley jumped 95 cents and closed with 6,000 units, changing hands at $12.95 General Accident fell 35 cents and closed trading with 500 shares at $3, ISP Finance gained 50 cents to end at $18.50 with 14,547 units changing hands. Jamaican Teas traded 49,146 shares, to end at $4.20, 
Jetcon Corporation fell 14 cents and ended at $5.35 with 349,980 shares trading, KL E Group traded 30,000 shares to end at $2.10. Knutsford Express traded 3,700 shares but lost 70 cents to end at $15. Lasco Distributors ended at $7 after trading 2,350 units, Lasco Financial gained 5 cents with 100 shares changing hands, to end at $3.80, Main Event jumped 75 cents and ended trading 6,242 shares at $6, Paramount Trading lost 2 cents to end at $3 with 5,973 units trading and tTech ended with 2,623 units changing hands to close at $7.80.
In other news, another Junior Market listing is set to hit the market in July, this one will be a big hit with investors, with a low offer price in the region of $2 and historical PE of 8 times 2016 earnings and an even lower PE, based on 2017 earnings, with revenues growing around 20 percent. IC Insider.com will provide a full update very soon.
Juniors fall volume up 111% – Thursday
The Junior Market lost more grounds on Thursday with the market index losing 31.72 points to end at 3,165.11 with increased in volume by 111 percent to 2,034,224 units valued at $16,616,055 traded compared with 964,141 units valued at $9,136,161 on Wednesday.
Trading closed with 18 securities versus 20 on Wednesday leading to 3 stocks rising and 6 declining and with 2 stocks having higher bids than their last traded prices and 3 closing with lower offers.
The Junior Market ended trading with an average of 113,012 units for an average value of $923,114 compared to of 48,207 units for an average value of $456,808 on the previous trading day. The average volume and value for the month to date amounts to 411,804 units valued at $1,868.440 compared with 426,743 units valued at $1,915,706, 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: CAC 2000 closed at $8 with a mere 100 shares trading, Cargo Handlers traded 2,993 shares to end at $15.99, Caribbean Cream shed 25 cents in trading 62,000 units to end at $7.25, Caribbean Flavours traded 3,125 units to end at $11, Caribbean Producers gained 9 cents in trading 506,000 shares to close at $3.30, Consolidated Bakeries rose 9 cents in trading 1,400 shares to close at $2.70, Derrimon Trading ended at $8.50 with 2,847 shares changing hands, Eppley closed with 1,003,450 units changing hands at $12. General Accident closed trading with 9,745 shares at $2.70, Honey Bun traded 239 shares changing hands and closed at $6.04, ISP Finance lost $4 and ended at $20 with 200 units changing hands. 
Jamaican Teas traded 61,800 shares and lost 5 cents to end at $4.40, Jetcon Corporation dropped 59 cents and ended at $4.91 with 24,708 shares trading, KLE Group lost 5 cents and ended at $2.10 with 2,828 shares changing hands, Knutsford Express traded 7,150 shares to end at $15.9. Lasco Distributors ended at $6.90, trading 17,793 units, Lasco Financial lost 20 cents with 47,524 shares changing hands, to end at $3.60, Lasco Manufacturing added 5 cents and ended with 239,900 shares trading to close at $4.65, Main Event ended trading 47,673 shares at $5.87, Medical Disposables ended at $5.50 with 215 units trading and tTech ended with 8,119 units changing hands at $8.
Junior Market volume up 32% on Wednesday
The Junior Market fell back moderately on Wednesday with the market index losing 10.12 points to end at 3,196.83. Volume ended 32 percent higher from Tuesday’s level, with 964,141 units valued at $9,136,161 traded, compared to 727,972 units valued at $5,314,008 on Tuesday.
Trading ended with 20 securities versus 19 on Tuesday leading to just 4 stocks rising and 8 declining and with 2 stocks having higher bids than their last traded prices and 3 closing with lower offers.
The Junior Market ended trading with an average of 48,207 units for an average value of $456,808 compared to 38,314 units for an average value of $279,685 on the previous trading day. The average volume and value for the month to date amounts to 426,743 units valued at $1,915,706 compared with 446,666 units valued at $1,992,490, 
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: Access Financial Services closed at $46.50 in trading 100,000 units, AMG Packaging rose 5 cents to close at $4.05 with 240,000 units changing hands, CAC 2000 closed at $8 with a mere 100 shares trading, Cargo Handlers traded 2,993 shares to end at $15.99, Caribbean Cream added 25 cents in trading 6,370 units to end at $7.50, Caribbean Producers lost 9 cents in trading 269,398 shares to close at $3.21, Consolidated Bakeries lost 8 cents in trading 1,100 shares to close at $2.62, Derrimon Trading ended at $8.50 with 2,847 shares changing hands, Eppley closed with 68,212 units changing hands at $12. General Accident closed trading with 9,745 shares at $2.70, 
Honey Bun dropped 6 cents with 1,103 shares changing hands and closed at $6.04, Jamaican Teas traded 12,999 shares and rose 15 cents to end at $4.45, Jetcon Corporation dropped 50 cents and ended at $5.50 with 25,259 shares trading, Knutsford Express traded 14,936 shares and rose 15 cents to end at $15.95, Lasco Distributors ended with a fall of 10 cents to $6.90, trading 22,307 units, Lasco Financial lost 5 cents with 11,568 shares changing hands to end at $3.80, Lasco Manufacturing shed 45 cents and ended with 89,741 shares trading and closed at $4.60. Main Event fell 35 cents and ended trading 68,872 shares at $6.15, Paramount Trading lost 4 cents and ended with 8,290 shares changing hands at $2.95 and tTech ended with 8,300 units changing hands at $8.
Junior Market volume drops on Tuesday
Volume traded on the Junior Market fell back sharply on Tuesday from Monday’s level with 727,972 units valued at $5,314,008 traded, compared with the 6,755,849 units valued at $46,027,135 passing through the market on Monday.
Trading ended with 19 securities versus 25 on Monday leading to just 8 stocks rising and 7 declining.
The market index rose 23.73 points to end at 3,206.95.
The market closed with 1 stock having a higher bid than the last sale price and 4 closing with lower offers.
The Junior Market ended trading with an average of 38,314 units for an average value of $279,685 compared to of 270,234 units for an average value of $1,841,085 on the previous trading day. The average volume and value for the month to date is 446,666 units valued at $1,992,490 compared with 469,353 units valued at $2,087,646, 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: Access Financial Services rose 30 cents and closed at $46.50 in trading 5,500 units, AMG Packaging fell 10 cents to close at $4 with 53,706 units changing hands, Cargo Handlers traded 6,693 shares to end at $15.99, Caribbean Cream shed 25 cents in trading 1,400 units to end at $7.25, Derrimon Trading ended at $8.50 with 27,504 shares changing hands, Dolphin Cove ended at $20 with 55,000 shares trading, Eppley dropped 95 cents with 20,199 units changing hands to close at $12. Honey Bun dropped 1 cent with 30,726 shares changing hands and closed at $6.04, Jamaican Teas traded 53,671 shares but rose 15 cents to end at $4.30, 
Jetcon Corporation rose 2 cents and ended at $6 with 113,149 shares trading, KLE Group ended at $2.15 with 3,000 shares changing hands, Knutsford Express traded 29,497 shares and lost 20 cents to end at $15.80, Lasco Distributors ended with a rise of 20 cents to $7, trading 54,671 units, Lasco Financial lost 5 cents with 106,286 shares changing hands to end at $3.85, Lasco Manufacturing gained 15 cents and ended with 123,940 shares trading and closed at $5.05. Main Event fell 26 cents and ended trading 3,236 shares at $6.50, Medical Disposablesadded 49 cents and ended at $5.50 with 2,000 units trading, Paramount Trading gained 29 cents and ended with 32,463 shares changing hands at $2.99 and tTech recovered 10 cents lost on Monday and ended with 5,331 units changing hands at $8.
2 Lasco stocks & Derrimon 90% of market
Lasco Manufacturing & Lasco Distributors, combined, traded most shares on Monday.
Volume traded on the Junior Market rose on Monday with 3 securities accounting for 90 percent of volume traded. At the close 6,755,849 units valued at $46,027,135 traded, compared with the 8,427,903 units valued at $36,346,358 passing through the market on Friday.
Trading ended with 25 securities versus 21 on Friday leading to just 6 stocks rising and 12 declining and one closed at a new high. The market index dropped 27.02 points to end at 3,183.22.
The market closed with 4 stocks having bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 270,234 units for an average value of $1,841,085 compared to of 401,329 units for an average value of $1,730,779 on the previous trading day. The average volume and value for the month to date is 469,353 units valued at $2,087,646 compared with 481,066 units valued at $2,102,149, 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: Access Financial Services closed at $46.20 in trading traded 1,500 units AMG Packaging fell 5 cents to close at $4.10 with 35,157 units changing hands, Cargo Handlers traded 332,360 shares and fell 1 cents to end at $15.99, Caribbean Cream added 25 cents in trading 16,629 units to end at $7.50, Consolidated Bakeries lost 30 cents in trading 2,000 units to end at $2.70. C2W Music lost 2 cents and closed at 43 cents with 2,000 shares trading, Derrimon Trading dropped 10 cents and ended at $8.50 with 2,031,926 shares changing hands, Dolphin Cove ended at $20 with 3,060 shares trading, Eppley jumped 95 cents with 200 units changing hands to close at a 52 weeks’ high of $12.95. General Accident had 3,780 units changing hands to close at $2.70 after falling 30 cents, Honey Bun dropped 6 cents with just 2,034 shares changing hands and closed at $6.05, Jamaican Teas traded 70,000 shares but lost 15 cents to end at $4.15, 
Jetcon Corporation rose 8 cents and ended at $5.98 with 64,262 shares trading, Key Insurance traded 1,000 units to close at $3.05, KLE Group lost 35 cents and ended at $2.15 with 2,000 shares changing hands, Knutsford Express traded 20,188 shares and rose 10 cents to end at $16, Lasco Distributors ended with a loss of 20 cents at $6.80, trading 829,150 units, Lasco Financial rose 10 cents with 94,495 shares changing hands to end at $3.90, Lasco Manufacturing ended with 3,189,335 shares trading and closed at $4.90. Main Event rose 76 cents and ended trading 4,789 shares at $6.76, Medical Disposables lost 49 cents and ended at $5.01 with 625 units trading, Paramount Trading ended with 28,300 shares changing hands at $2.70, tTech lost 10 cents and ended with 8,000 units changing hands to end at $7.90, Derrimon Trading preference share ended at $2.50 with 12,029 shares changing hands and Eppley 9.5% preference share, ended with 1,000 units changing hands at $6.10.
4 Junior Market stocks up 11 down – Friday
Volume traded on the Junior Market rose on Friday with 7 million units of Jamaican Teas changing ownership, as a connected party sold off some of their holdings. At the close 8,427,903 units valued at $36,346,358 traded in the overall market, compared with the 820,866 units valued at $4,017,595 passing on Thursday.
Trading ended with 21 securities versus 16 on Thursday leading to just 4 stocks rising and 11 declining.. The market index shot 26.38 points to end at 3,210.24.
The market closed with 4 stocks having bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 401,329 units for an average value of $1,730,779 compared to of 51,304 units for an average value of $251,100 on the previous trading day. The average volume and value for the month to date is 481,066 units valued at $2,102,149 compared with 486,049 units valued at $2,125,360, 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: Blue Power fell $5 and closed at $50 with 3,537 units changing hands, CAC 2000 rose 50 cents and closed at $8 with a mere 100 shares trading, Cargo Handlers traded 3,665 shares at $16, Caribbean Cream lost 15 cents in trading 7,000 units to end at $7.25, Caribbean Producers lost 10 cents in trading 431,702 units to end at $3.30. Dolphin Cove gained 90 cents to end at $20 with 242 shares trading, Eppley had 8,835 units changing hands to close of $12. General Accident had 502,293 units changing hands to close at $3 after climbing 30 cents. ISP Finance ended at $24 with 1,434 units changing hands Jamaican Teas traded 7,003,641 shares but lost 45 cents to end at $4.30, Jetcon Corporation fell 49 cents and ended at $5.90 with 286,000 shares trading,
Knutsford Express traded 14,287 shares but fell 10 cents to end at $15.90, Lasco Distributors ended at $7, trading 81,100 units, Lasco Financial fell 1 cent with 5,000 shares changing hands to end at $3.80, Lasco Manufacturing ended with 500 shares trading and closed at $4.90 after rising 20 cents. Main Event shed 45 cents and ended trading 29,044 shares at $6, Medical Disposables lost 50 cents and ended at $5.50 with 12,484 units trading, Paramount Trading lost 15 cents and ended with 31,206 shares changing hands at $2.70, Sweet River fell 31 cents, ended with 5,506 units changing hands at $3.55 and tTech ended with 227 units changing hands to end at $8 and Eppley 10% preference share, ended with 100 units changing hands at $6.60.
Junior Market bounces on Wednesday
Jetcon jumped $3.57 on Wednesday to close at $19.17.
Trading on the Junior Market fell below normal levels on Wednesday with 709,260 units valued at $4,202,977, down from 2,845,419 units valued at $10,795,016, passing through the market, on Tuesday. The market closed with two stocks jumping to new 52 weeks’ high.
Jetcon Corporation closed at $19.17 ahead the 3 for 1 stock split taking effect on the exchange on Thursday and Derrimon Trading preference share, ended at a 52 weeks’ high of $2.50.
Trading ended with 21 securities versus 14 on Tuesday leading 11 stocks rising and 4 declining, with the market index gaining 38.37 points to end at 3,194.93.
The market closed with 2 stocks having bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 33,774 units for an average value of $478,260 compared to 203,244 units for an average value of $771,073 on the previous trading day. The average volume and value for the month to date rose to 515,032 units valued at $2,250,311 compared with 549,408 units valued at $2,376,886, previously, in contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, stocks trading with their last traded price are: AMG Packaging closed at $4.15 with 1,200 units changing hands, Blue Power climbed $5 to close at $55 with 184 units changing hands, Cargo Handlers ended trading 9,329 shares at $16, Caribbean Cream rose 7 cents in trading 210,000 units to end at $7.52, Caribbean Producers gained 20 cents in trading 1,000 units to end at $3.25. C2W Music had 14,000 units changing hands to close at 45 cents, Dolphin Cove had 2,300 units changing hands to close at $19.10 after rising by $1. Honey Bun had 4,183 shares changing hands to close with 12 cents loss to $6, 
Jamaican Teas traded 29,188 shares and rose 57 cents to end at $4.87, Jetcon Corporation sharply by $3.57 to end at a 52 weeks’ close of $19.17 with 24,620 shares trading, ahead of the stock starting to trade with a 3 for 1 split on Thursday. Key Insurance traded 11,651 units to close at $3.05, KLE Group traded 12,000 units to close at $2.50, Knutsford Express traded 24,717 shares to end at $16.30, with a rise of 30 cents, Lasco Distributors ended at $7, trading 1,000 units, Lasco Financial had 91,678 shares changing hands to end at $3.85, Lasco Manufacturing ended with 1,900 shares trading and closed at $4.97 after rising 42 cents. Main Event gained 12 cents and ended trading 31,720 shares at $6, Medical Disposables lost 28 cents and ended at $5.72 with 200 units trading, Paramount Trading lost 17 cents and ended with 163,480 shares changing hands at $2.85, tTech ended with 24,910 units changing hands after falling $1 to end at $8 and Derrimon Trading preference share ended with 50,000 units changing hands to close at a 52 weeks’ high of $2.50
Trading jumps on Junior Market – Monday
Caribbean Flavours dominated trading on the Junior Market on Monday with nearly 9 m shares.
Caribbean Flavours traded nearly 9 million valued at $114,648,038 pushing trading to 9,306,111 units valued at $117,381,126 on the Junior Market on Monday compared to 3,652,602 units valued $15,524,040 passing through the market, on Friday, resulting from trading in 17 securities versus 22 on Friday.
At the close of the market 9 stocks rose and 6 declined, leading to the market index rising a mere 0.25 points to 3,189.83, while 5 stocks had bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 547,418 units for an average value of $6,904,772 compared to 166,027 units for an average value of $705,638 on the previous trading day. The average volume and value for the month to date rose to 576,036 units valued at $2,500,410 compared with 578,420 units valued at $2,133,380, previously, in contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, AMG Packaging rose 15 cents to close at $4.15 with 2,00 units changing hands, Blue Power added 44 cents to close at $55 with 283 units changing hands, Cargo Handlers closed at $16 with 1,000 shares trading, Caribbean Cream traded 3,000 units to end at $7.40, Caribbean Flavours gained 20 cents in trading 8,992,003 units to end at $12.75. The trade is attributable to Derrimon Trading off-loading a portion of the holding in the company. Consolidated Bakeries traded a 3,700 units, to end at $3, Derrimon Trading ended with 2,000 units changing hands at $8.58 after adding 8 cents, Eppley had 9,486 units changing hands with a 1 cent fall to close at $12, 
General Accident fell a cent and closed trading with 1,872 shares at $2.79, Honey Bun had 141,667 shares changing hands to close 39 cents down at $6.11, Jamaican Teas traded 42,146 shares and rose 1 cent to end at $4.31, Jetcon Corporation rose 32 cents to end at $15.20 with 57,343 shares trading, KLE Group lost 1 cent and ended at $2.10 with 1,096 shares changing hands, Knutsford Express traded 31,565 shares to end at $16.30 with a rise of 30 cents, Lasco Distributors added 5 cents and ended trading 11,700 units at $7.20, Lasco Financial fell 2 cents with 4,000 shares changing hands to end at $4 and Main Event rose 38 cents and ended trading with 1,250 shares at $5.88.
Trading jumps on Junior Market – Friday
CPJ continues to trade decent volumes in the low $3 level.
Trading activity picked on the Junior Market on Friday with 3,652,602 units valued $15,524,040 passing through the market, compared to 421,996 units valued $3,141,010 on Thursday, resulting from trading in 22 securities versus 17 on Thursday.
The main trades contributing to the increased volume are Caribbean Producers that has been trading in large volumes with 2.47 million units changing hands on Friday followed by Jamaican Teas with just over 600,000 units.
At the close of the market 8 stocks rose and 7 declined, leading to the market index rising 10.86 points to 3,189.58, while 3 stocks had bids higher than their last sale prices and 3 closed with lower offers.
The Junior Market ended trading with an average of 166,027 units for an average value of $705,638 compared to 24,823 units for an average value of $184,765 on the previous trading day. The average volume and value for the month to date rose to 578,420 units valued at $2,133,380 compared with 615,911 units valued at $2,263,174, previously, in contrast, 
May closed with averages of just 89,339 units at $596,722.
At the close of the market, Blue Power dropped $1.94 and closed at $54.56 with 5,660 units changing hands, Cargo Handlers closed at $16 with just 6,068 shares trading, Caribbean Cream traded 21,852 units to end at $7.40, Caribbean Flavours gained $1.56 in trading 158,510 units to end at $12.55. A trade of more than 9 million units at $12.75 towards the close of trading was cancelled as the price exceeded the level permissible by the close of trading. Caribbean Producers traded a relatively large quantity of 2,473,085 units, but lost 17 cents to end at $3.03, C2W Music had 44,500 units changing hands to close at 45 cents, Dolphin Cove dropped $1 to end at $18 with 6,933 shares changing hands, Eppley had 1,200 units changing hands with a 1 cent gain to a 52 weeks’ closing high of $12.01, General Accident gained 50 cents and closed trading with 6,300 shares at $2.80, 
Honey Bun had 400 shares changing hands to close 35 cents down at $6.50, Jamaican Teas traded 604,000 shares and rose 5 cents to end at $4.30, Jetcon Corporation ended at $14.88 with 69,219 shares trading, Knutsford Express traded 23,725 shares to end at $16 with a loss of 30 cents, Lasco Distributors added 15 cents and ended trading 55,236 units at $7.15, Lasco Financial gained 2 cents with a mere 232 shares changing hands to end at $4.02, Lasco Manufacturing shed 11 cents to end at $4.54 trading 56,925 shares. Main Event dropped 50 cents and ended trading with 40,962 shares at $5.50. Medical Disposables ended at $6 after jumping $1 with 24,940 units changing hands, Paramount Trading ended with 47,032 shares changing hands at $3.02 and tTech ended with 5,823 units trading with the price rising 25 cents, to $8.55.
