Trading on the Junior Market of the Jamaica Stock Exchange ended on Wednesday with the market Index dropping sharply by 89.34 points to close at 3,426.95 as Access Financial dived $5, General Accident dipped 60 cents and Stationery and Office Supplies dropped 79 cents.
Trading ended with 28 securities changing hands with prices of 11 advancing, 11 declining, 6 remaining unchanged and resulted in an exchange of 5,067,017 units valued at $23,716,252 compared to 2,138,664 units at $11,183,538 from 30 securities changing hands on Tuesday.
Trading closed with an average of 180,965 units for an average of $847,009 in contrast to 71,289 units for an average of $372,785 on Tuesday. The average volume and value for the month to date amounts to 124,236 units valued at $601,721. In contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Access Financial dropped $5 to settle at $37 after exchanging 3,889 shares, Caribbean Flavours closed trading of 1,052 units and gained 1 cent to end at $13.01, Caribbean Producers climbed 26 cents and exchanged 28,857 shares at $4.77. Dolphin Cove climbed 1 cent and exchanged 307,716 shares at $10.01, Derrimon Trading exchanged 188,278 shares, after rising 6 cents to end at $2.42, Express Catering closed 30 cents higher at $6.30, with 19,785 stock units trading, Everything Fresh lost 4 cents in swapping 9,600 shares to close at $1.21. Fontana ended market activity exchanging 127,784 shares to close at $8.30 after falling 15 cents, General Accident dipped 60 cents in trading of 628,164 units at $6.31. GWest Corporation gained 1 cent to end at $1.02, in trading 60,535 shares, Honey Bun climbed 50 cents in exchanging 100 shares at $6.50, iCreate closed trading of 1,800 units and gained 1 cent to end at 73 cents, Indies Pharma lost 1 cent at $3.31 with 30,230 stock units changing hands. Jamaican Teas fell 30 cents trading of 25,248 units at $6, Jetcon Corporation fell 20 cents in trading of 71,233 units at $2, Knutsford Express dipped 10 cents in trading 10,310 units at $11, Lasco Distributors closed trading of 3,069,824 units and gained 15 cents to end at $3.70. Lasco Financial ended with 94,729 shares crossing the exchange, after rising 5 cents to end at $5.05, Lasco Manufacturing closed with a loss of 20 cents at $5.20, after swapping 31,500 shares. Limners and Bards closed 7 cents higher at $2.82, with 88,901 stock units trading, Paramount Trading lost 20 cents in trading of 6,721 units at $2 and Stationery and Office Supplies dipped 79 cents in trading of 62,770 units to end at $10.80.
Prices of securities trading for the day are those at which the last trade took place.