Trading on the Junior Market of the Jamaica Stock Exchange picked up by more than 300 percent on Wednesday with 21 securities changing hands, resulting in an exchange of 2,043,273 units valued at $10,429,058 compared to 463,032 units valued at $2,269,157 on Tuesday.
At the close of market activities, the Junior Market Index advanced by 13.65 points to close at 2,982.32 as the prices of 8 advanced, 9 declined and 4 remained unchanged based on last traded prices.
Trading ended with an average of 97,299 units for an average of $496,622 in contrast to 24,370 units for an average of $119,429 on Tuesday. The average volume and value for the month to date, amounts to 122,095 units valued at $563,081 and previously, 123,473 units at $566,773. In contrast, August closed with average of 234,437 units valued at $1,295,260 for each security traded.
Trading ended with the market sentiments looking mixed and having implications for the next day trading activity as 3 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market the volume of stocks changing hands and their last traded price are: AMG Packaging traded 30 cents higher at $3.50, with 1,632 units, Cargo Handlers finished with a loss of 1 cent at $11.08, with 95,394 shares, Caribbean Flavours ended with a loss of 20 cents at $11.60, with 4,273 stock units, Caribbean Producers closed 15 cents higher at $3.75, with 4,752 units, Derrimon Trading closed with a loss of 1 cent at $7.99, with 1,961 shares. Dolphin Cove closed at $17, with 326 stock units trading, Express Catering finished at $4.50, with 305,066 shares, Honey Bun closed 15 cents higher at $4.20, with 4,577 stocks trading, Jamaican Teas settled with a loss of 22 cents at $3.78, with 26,100 shares trading, Jetcon Corporation concluded trading at $4.50, with 69,020 units, Key Insurance settled 25 cents higher at a new high of $4.25, with just 100 units. KLE Group traded with a loss of 6 cents at $2.80, with 8,000 stock units, Knutsford Express gained 39 cents to $14.89, with 10,400 shares, Lasco Distributors concluded trading with a loss of 30 cents at $6.30, with 41,455 shares, Lasco Financial ended 6 cents higher at $4.06, trading 304,402 stock units, Lasco Manufacturing ended 40 cents higher at $4, with 1,000 shares, Medical Disposables ended 30 cents higher at $5.30, with 4,000 units, Main Event traded with a loss of 5 cents at $5, with 1,009,579 shares. Stationery and Office closed at $4.80, with 84,437 stocks, tTech traded with a loss of 1 cent at $7.59, with 46,799 shares and Derrimon Trading preference share ended with a loss of 1 cent at $2, with 20,000 shares changing hands.
7 junior stocks rise 8 fall – Tuesday
At the close of market activities, the prices of 7 advanced, 8 declined and 5 remained with prices unchanged and led to the market index dropping 43.07 points to 3,032.34. One stock ended at a 52 weeks’ closing low and one traded at an intraday low.
Trading ended with an average of 44,523 units for an average of $184,949 in contrast to 495,658 units for an average of $1,952,714 on Monday. The average volume and value for the month to date amounts to 192,151 units valued at $794,363, compared to 265,965 units at an average value of $1,099,070 on the previous trading day. In contrast, August closed with average of 234,437 units at an average $1,295,260 for each security traded.
Trading ended with the market sentiments looking positive for Wednesday’s activity as 9 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market the volume of stocks changing hands and their last traded price are: Access Financial that settled $2.80 higher to $49 with 2,869 shares changing hands, AMG Packaging ended at $3 with 3,500 stocks, CAC 2000 finished at $8 with 10,000 shares, Caribbean Cream ended with a loss of 25 cents at $6.60, with 1,039 stock units, Caribbean Flavours traded 10 cents higher at $11.80 with 425 shares, Derrimon Trading settled with a loss of 90 cents at $7, with 2,000 units, Express Catering concluded trading with a loss of 30 cents at $4.20, with 88,763 stock units, General Accident ended 2 cents higher at $2.82 with 14,021 units, Honey Bun traded at an intraday low of $3 before recovering to close at $4 with 23,137 shares changing hands, Iron Rock finished 2 cents higher at $2.90 with 50,183 stocks, Jetcon Corporation lost 50 cents to $4.10 with 20,583 units, KLE Group ended 7 cents higher at $3.27 with 79,648 stock units. Knutsford Express concluded market activity with a loss of 99 cents at $14, with 1,348 units changing ownership, Lasco Distributors ended at $6.90 with 42,931 units, Lasco Financial concluded trading with a loss of 35 cents to $3.50 with 283,782 stock units, Lasco Manufacturing concluded with a loss of 30 cents, to a 52 weeks’ low of $4 with 35,718 units traded, but fell as low as $3.80 during the day. Main Event ended 50 cents higher at $5 with 15,190 shares, Stationery and Office settled with a loss of 15 cents, at $4.05 with 209,557 stocks trading, tTech settled 45 cents higher at $6.50 with just 300 units and Derrimon Trading concluded trading at $2 with 5,465 units.
Securities trading jump on Tuesday
Trading in the Junior Market of the Jamaica Stock Exchange closed on Tuesday with a number of stocks declining out pacing those rising. The volume and value of stocks traded declined compared to that on Monday while the market index closed lower by 38.26 points to 3,157.46.
The Market closed with 2,187,410 shares valued at $12,791,307 trading compared with 5,636,428 valued at $31,083,116 on the previous day. A total of 28 securities traded compared 22 on Monday as 17 stocks declined, 2 advanced and 9 traded firm.
At the close of the market, stocks trading and their last traded price are: Access Financial with 35,383 shares trading, closed with a loss of 30 cents to end at $46.20, AMG Packaging closed with 25,000 shares at $3.50, Blue Power had 5,450 units changing hands with fall of 50 cents to $41.50, Cargo Handlers with a loss of 30 cents, closed at $10.70 with 18,817 shares, Caribbean Cream closed with a loss of 84 cents, at $5.90 with 24,346 shares, Caribbean Producers ended 11 lower to $3.39 with 13,000 shares, Consolidated Bakeries lost 12 cents and closed at $2.50 with 1,627 shares, C2W Music closed at 38 cents with 18,237 shares, Derrimon Trading with a loss of 10 cents, closed at $7.90 with 12,065 shares, Dolphin Cove closed at $17.50 with 2,185 shares, Express Catering ended 20 cents higher at $5.30 with 319,964 shares, General Accident closed at $3.30 with 46,866 shares, Honey Bun closed 20 cents higher at $5 with 4,066 shares, Iron Rock closed at $3 with 38,000 shares, Jamaican Teas closed at $4.70 with 7,346 shares, Jetcon Corporation with a loss of 1 cent, closed at $5.30 with 176,320 shares, KLE Group closed at $2 with 23,000 shares, Key Insurance with a loss of 5 cents, closed at $3 with 5,000 shares, Knutsford Express closed at $15 with 9,850 shares, Lasco Distributors with a loss of 15 cents, closed at $6.55 with 149,100 shares, Lasco Financial traded at $4 with 54,927 shares, Lasco Manufacturing with a loss of 37 cents, closed at $4.33 with 41,292 shares, Main Event fell 5 cents, and closed at $4.95 with 117,083 shares, with a loss of 5 cents, Medical Disposables closed at $5 with 200,000 shares, after falling 50 cents, Paramount Trading eased 5 cents closed at 5 cents with 47,256 shares, Stationery and Office Supplies traded 725,061 units with the price falling 41 cents to $4.99, Sweet River dipped 3 cents, to $3.52 with 60,169 shares and tTech dropped $1 and closed at $6.80 with 6,000 shares.
Junior market closed higher – Monday
Trading in the Junior Market of the Jamaica Stock Exchange closed on Monday with a number of stocks rising out pacing those declining 2 to 1. The volume and value of stocks traded declined sharply compared to that on Friday and the market index closed higher.
The Market index surged 45.93 points to close at 3,195.72 as 5,636,428 shares valued at $31,083,116 traded compared with 15,739,900 units valued at $100,160,789 on Friday.
Overall Market activity resulted from trading in 22 stocks, down from 25 on Friday as the market closed with 10 advancing, with Stationery and Office Supplies closing at a new high of $5.40, as the prices of 4 declined and 10 remaining unchanged.
Trading in the Junior Market of the Jamaica Stock Exchange closed on Monday with a number of stocks advancing out pacing those declining. The volume and value of stocks traded advanced compared to that on Friday and the market index closed higher.
At the close of the market, stocks trading and their last traded price are: Blue Power traded 623 shares and rose 50 cents to end at $42, CAC 2000 fell 45 cents to $7.05 with 5,000 shares, Cargo Handlers closed at $11 with 3,410 shares, Caribbean Cream lost 6 cents and closed at $6.74 with 35,028 shares, Caribbean Flavours climbed 5 cents and ended at $13 with 1,561 shares, Caribbean Producers closed at $3.50 with 18,367 shares, Consolidated Bakeries closed at $2.62 with 70,000 shares, Express Catering closed at $5.10 with 3,590,526 shares after falling 40 cents, General Accident climbed 30 cents to $3.30 with 8,000 shares, Honey Bun rose 30 cents to closed at $4.80 with 13,899 shares, Jamaican Teas closed at $4.70 having gained 10 cents with 40,871 shares, Jetcon Corporation closed 11 cents higher at $5.31 with 31,932 shares, KLE Group closed at $2 with 130,557 shares, Knutsford Express closed at $15 with 30,955 shares, Lasco Distributors traded 225,541 shares at $6.70, Lasco Financial closed at $4 with 25,254 shares, Lasco Manufacturing closed 20 cents higher at $4.70 with 2,715 shares, Main Event closed at $5 with 1,670 shares, Medical Disposables gained 25 cents and closed at $5.50 with 35,000 shares, Paramount Trading added 25 cents to close at $2.90 with 35,000 shares Stationery and Office Supplies traded 1,290,789 units as the price climbed to a new closing high of $5.40 after rising 32 cents, earlier in trading the stock went as high as $6 before pulling back ahead of the close and tTech fell 25 cents to $7.80 with 39,730 shares.