Trading on the Junior Market of the Jamaica Stock Exchange closed on Friday with advancing stocks just edging out declining ones and the market index remained almost steady, slipping just 0.69 points to 3,108.19.
The market ended with 1,948,274 units valued at $10,702,346 changing hands, compared to Thursday with 1,176,216 units valued at $5,557,230.
A total of 19 securities traded, down from 22 on Thursday, with 8 stocks rising and 7 declining. Trading closed with 7 stocks with bids higher than the last traded prices and 4 closing with lower offers.
Trading ended trading with an average of 102,541 units for an average of $563,281 in contrast to 53,464 units for an average of $252,601 on Thursday. The average volume and value for the month to date amounts to 81,062 units valued at $422,302 compared to 70,323 units valued at $351,812 previously. In contrast, July closed with average of 536,395 units at $1,905,441 for each security traded.
At the close of the market, stocks trading and their last traded prices are: AMG Packaging rose by 22 cents to close at $3.75 with 64,907 units changing hands, CAC 2000 climbed 60 cents higher close at $7.10 with a 18,600 shares, Caribbean Cream with a loss of 35 cents, closed at $6.50 with a 17,300 shares, Caribbean Flavours suffered a loss of $1, to close at $11 with a 250,000 shares, Caribbean Producers closed at $3.45 with a 48,500 shares. Consolidated Bakeries ended with a loss of 33 cents, to $2.62 with a 23,617 shares, Derrimon Trading traded 25 cents higher to $7.75 with a 100,000 shares, Dolphin Cove rose 50 cents to close at $18 with a 700 shares, Express Catering closed 60 cents higher at $5.30 with a 1,158,203 shares, after trading at a low of $3.90 for the day and ended with an offer at $4.50 to sell 13,736 units. General Accident with a loss of 5 cents, closed at $2.85 with a 2,642 shares, ISP Finance fell $1.16 cents, to close at $17.26 with 120 shares, Jamaican Teas gained 24 cents to $4.75 with a 39,147 shares, Jetcon Corporation close at $5.30 with a 28,500 shares, KLE Group closed at $2 with a 2,390 shares, Knutsford Express fell 1 cent to $15 with a 2,000 shares, Lasco Distributors with a loss of 10 cents, to close at $6.60 with 61,046 shares, Lasco Financial closed at $4 with a 121,709 shares, Main Event lost 49 cents, and closed at $4.90 with a 8,000 shares and Paramount Trading jumped 69 cents higher to close at $2.54 with a 893 shares.
Junior Market steadies on Friday
Junior Market drops 40 points
Trading on the Junior Market of the Jamaica Stock Exchange closed on Thursday with declining stocks dominating rising ones, 2 to 1 and the market index falling 40.32 points to 3,108.88.
The market ended with 1,176,216 units valued at $5,557,230 changing hands, with the index falling 6.26 points to close at 3,149.20. On Wednesday trading closed with 2,266,721 units valued at $11,726,592.
A total of 22 securities traded, versus 26 on Wednesday, with 6 stocks rising and 12 declining. Trading closed with 10 stocks having bids higher than the last traded prices and 1 closing with a lower offer.
Trading ended trading with an average of 53,464 units for an average of $252,601 in contrast to 87,182 units for an average of $451,023 on Wednesday. The average volume and value for the month to date amounts to 70,323 units valued at $351,812. In contrast, July closed with average of 536,395 units at $1,905,441 for each security traded.
At the close of the market, stocks trading and their last traded prices are: AMG Packaging lost 12 cents to close at $3.53 with 6,000 units changing hands, Caribbean Cream rose 35 cents to $6.85 with a 4,000 shares, Caribbean Producers close at $3.45 with a 50,009 shares, Consolidated Bakeries closed with a rise of 32 cents at $2.95 with a 980 shares, Derrimon Trading ended with a lost of 30 cents, to close at $7.50 with a 7,259 shares, Express Catering lost 30 cents to close at $4.70 with a 648,533 shares, General Accident closed at $2.90 with a 103,000 shares, Honey Bun closed at $5.50 with a 1,792 units, ISP Finance traded 5,900 shares and rose 42 cents to $18.42. Jamaican Teas with a lost of 1 cent, closed at $4.51 with a 170 shares, Jetcon Corporation ended 20 cents higher to $5.30 with a 132,075 shares, KLE Group closed at $2 with a 5,100 shares, Key Insurance closed at $3.05 with a 1,068 stock units, Knutsford Express closed at $14.90 with a 3,650 shares, Lasco Distributors fell 18 cents, to $6.70 with a 25,000 shares, Lasco Financial traded at $4.00 with a 66,575 shares after a loss of 4 cents, Lasco Manufacturing ended with a loss of 4 cents, to close at $4.33 with a 44,820 shares, Main Event eased 8 cents in closing at $5.39 with a 7,970 shares, Medical Disposables close at $5.50 with a 32,215 shares, tTech lost 50 cents and closed at $8 with a 26,000 shares, Derrimon Trading preference share fell 40 cents and closed at $2.10 with a 4,000 shares and Eppley 10% preference share close with a rise of 1 cent at $6.61 with a 100 shares.
Junior Market gains on Monday
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.