The Junior Market on Monday closed for the 11th consecutive day with unbroken gains leading the market index climbing 25.55 points to close at 3,169.26.
Trading on the Junior Market of the Jamaica Stock Exchange closed on Monday with 19 securities changing hands, resulting in an exchange of 974,360 units valued at $6,318,914 compared to 554,767 units valued at $2,609,944 on Friday. At the close of market activities, the prices of 5 securities advanced, 9 declined and 5 remained unchanged.
Trading ended with an average of 51,282 units for an average of $332,574 in contrast to 26,417 units for an average of $124,283 on Friday. The average volume and value for the month to date amounts to 74,450 units valued at $357,987 and previously, 75,683 units valued at $359,339. In contrast, September closed with average of 116,176 units valued at $538,652 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, AMG Packaging finished at $3.50, with 14,360 units trading, Blue Power dropped $4 to $45, with 1,780 shares, CAC 2000 lost 5 cents to end at $6.95, with 1,520 units, Cargo Handlers ended trading at $11.09, with 2,824 units changing hands, Caribbean Producers closed with a loss of 1 cent at $3.70, with 900 stock units. Express Catering ended trading 28,000 shares with a gain of 29 cents at $4.94, Prices of securities trading for the day are those at which the last trade took place.
Daily Trading,Honey Bun concluded trading at $4.90, with 1,000 stock units, Iron Rock closed 1 cent higher at $3.21, while exchanging 5,698 units, Jamaican Teas ended trading at $4.10, with 54,000 shares, Jetcon Corporation traded with a loss of 12 cents at $4.68, as 39,000 stock units were exchanged. Knutsford Express closed with a loss of 19 cents at $14.80, with 5,585 units, Lasco Distributors closed at $7.20, with 629,096 units changing hands, Lasco Financial finished trading 4 cents higher at $4.40, with 29,060 units, Lasco Manufacturing finished trading with a loss of 30 cents at $4.20, with 56,941 units. Main Event ended with a loss of 28 cents at $5.02, with 35,000 shares, Paramount Trading traded 10 cents higher at $3, with 31,990 stock units, Stationery and Office concluded trading with a loss of 11 cents at $5.36, with 18,344 shares, tTech settled with a loss of 10 cents at $7.50, with 10,536 stock units and in the junior market preference segment, Derrimon Trading settled 5 cents higher at $2, with 8,726 units.
Prices of securities trading for the day are those at which the last trade took place.