Sharp rise in Junior Market trading

Trading on the Junior Market surged on Tuesday with an exchange of 12,854,412 units amounting to $57,700,892, compared to 1,518,746 units valued $8,756,192 on Monday as 29 securities changed hands, down from 34 on Monday.
At the close, the market index rose 14.97 points to close at 3,308.39 after pushing the prices of 10 securities lower and 8 higher while leaving the prices of 11 unchanged and the market’s PE at 13.8.
Trading ended with an average of 443,256 units for an average of $1,989,686 in contrast to 44,669 units for an average of $257,535 on Monday. The average volume and value for the month to date amounts to 135,292 shares at $667,284 and previously 109,101 shares at $554,821, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator with 2 stocks ending with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, Access Financial ended with a loss of $1 cent and ended at a 52 weeks’ low of $29 with 13,900 stock units changing hands, AMG Packaging climbed 17 cents and exchanged 365,511 shares at $2.07, Blue Power closed trading of 14,431 units and gained 19 cents to end at $7. Caribbean Flavours ended with a loss of 1 cent at $12.30 with 10,387 stock units changing hands, Consolidated Bakeries shed 20 cents in trading of 3,500 units at $1.60, Dolphin Cove lost 40 cents in exchanging 100 shares to close at $10.50. Elite Diagnostic lost 25 cents as 369,485 units crossing the exchange at $5.25, Everything Fresh closed with a loss of 8 cents at $1.02, in the swapping of 208,000 shares, Express Catering traded 131,780 shares, after rising 30 cents to end at $6.30, Fosrich ended with 7,492 shares changing hands, after rising 5 cents to end at $4.75. Fontana closed 16 cents higher at $7, with 137,572 stock units trading, General Accident climbed $1.50 to end at $8 with an exchange of 46,000 stock units, GWest Corporation closed with a loss of 3 cents at 95 cents, in swapping of 4,342 shares, iCreate fell 9 cents in trading of 28,984 units at 60 cents. Jetcon Corporation lost 13 cents with a transfer of just 11,000 shares to close at $1.80, Lasco Distributors climbed 57 cents and inn exchanging 7,112,148 shares at $3.90, Lasco Financial shed 12 cents in trading of 27,655 units at $4.18, Lasco Manufacturing closed trading of 312,553 units and gained 20 cents to end at $5.25.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market in deep dive

Investors drove the Junior Market Index down 67.60 points to close at 3,293.42 on Monday after pushing the prices of 20 securities lower and just 4 higher while leaving the prices of 10 unchanged and the market’s PE at 14.3.
The decline is consistent with the market movement in the past with the advent of new initial public offerings on the market as investors seek funds to buy into them. Currently, there are five offerings to sell shares in the market.
The number of securities changing hands rose to 34 from 30 on Friday, resulting in an exchange of 1,518,746 units valued $8,756,192, compared to 5,647,257 units amounting to $26,657,444 on Friday.
Trading ended with an average of 44,669 units for an average of $257,535 in contrast to 188,242 units for an average of $888,581 on Friday. The average volume and value for the month to date amounts to 109,101 shares at $554,821 and previously 116,237 units at $587,745, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator with 3 stocks ending with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial ended with a loss of $1 and ended at a 52 weeks’ low of $30 with 10,900 stock units changing hands, AMG Packaging fell 10 cents in trading of 3,780 units at $1.90, Blue Power swapped 3,780 shares and declined 59 cents to settle at $6.81. Caribbean Flavours shed 9 cents in trading of 8,000 units at $12.31. Cargo Handlers ended market activity exchanging 6,007 shares to close at $10.05 after falling 45 cents. Caribbean Producers lost 5 cents in trading 57,760 shares to close at $4.70, Derrimon Trading closed 2 cents higher at $2.57, with 77,361 stock units trading, Everything Fresh added 8 cents and exchanged 114,425 shares at $1.10, Express Catering shed 30 cents in trading of 11,734 units at $6. Fontana exchanged 294,026 and declined by 16 cents to settle at $6.84, General Accident dropped $1.50 in trading 68,119 shares to close at $6.50, GWest Corporation dipped 2 cents with 2,942 units changing hands at 98 cents, Honey Bun closed with a loss of 50 cents at $6.50, in swapping of 4,213 shares. iCreate ended trading with 14,000 shares, after rising 1 cent to end at 69 cents, Iron Rock Insurance fell 10 cents in trading of 40,000 units at $3.50, ISP Finance ended market activity exchanging 360 shares to close at $32.90 after falling 9 cents. Jetcon Corporation shed 6 cents trading 18,227 units at $1.93, Lasco Distributors declined 28 cents with 19,163 units crossing the exchange at $3.33, Lasco Financial ended market activity exchanging 67,025 shares to close at $4.30 after falling 15 cents. Lasco Manufacturing lost 15 cents in trading 36,574 shares to close at $5.05, Main Event closed trading of 6,189 units and gained 26 cents to end at $5.90. Medical Disposables ended market activity exchanging 25,000 shares to close at $6.75 after falling 25 cents, Paramount Trading shed 2 cents in trading of 1,000 units at $1.85 and Stationery and Office Supplies lost 20 cents in trading of 113,564 units to close at $11.

Prices of securities trading for the day are those at which the last trade took place.

Major shakeup in IC TOP 10

The past week saw the release of quarterly results by several companies and that helped in reshaping IC TOP 10 list of stocks for the coming week. The Junior Market TOP 10 has 5 changes and the main market just one.
Earnings downgrades and the announcement of new initial public offers were the main factors that resulted in the changes.
Mailpac Group and the Lumber Depot released prospectuses this past week, with both making it into the Junior Market TOP 10 list. Other notable changes to the Junior Market list are Caribbean Flavours, Fontana and Honey Bun that reentered the top list after weeks of absence. Dropping from the list are Iron Rock Insurance, Caribbean Producers and tTech, all of which suffered earnings downgrade.
Mailpac Group released its prospectus to sell 500 million shares at $1 each with earnings of 14 cents per share for a PE of 7 and potential gains of 180 percent. The Lumber Depot released its prospectus on Friday with a projected profit of $82 million or 16 cents per share.
JMMB Group released substantial gains in the half-year results that helped to propel it into the main market TOP 10 at the expense of Seprod. The latter suffered an earnings downgrade following the release of the nine months results.
 The top three Junior Market stocks, is now led by Main Event with projected gains of 201 percent, followed by Medical Disposables with 186 percent and by new entrant MailPac Group, with a potential increase of 180 percent.
Radio Jamaica
remains the lead stock with projected gains of 170 percent, followed by Pulse Investments in the number two spot with projected growth of 144 and Carreras with a likely increase in the stock price of 117 percent and percent is next.
The main market, closed the week with the overall PE of 17.6 and the Junior Market at 13.8 from 12.1, based on current year’s earnings. The PE ratio for Junior Market Top 10 stocks averages 8.1 with the main market PE at 10.5.
The TOP 10 stocks now trade at a discount of 42 percent to the average for Junior Market stocks and main market stocks trade at a discount of 40 percent to the overall market.
IC TOP 10 stocks are likely to deliver the best returns to March next year. Projected earnings, along with the PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest-ranked being the most attractive. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.

This report is compiled by persons who may have an interest in the securities commented on.

Junior Market stable – Friday

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Junior Market Index closed trading on Friday with the prices of 10 securities advancing, 15 declining and 5 remaining unchanged, leading the Junior Market Index to eke out a minor rise of 0.72 points to close at 3,361.02.
On Friday, 30 securities changing hands, resulting in an exchange of 5,647,257 units valued at $26,657,444, compared to 3,576,032 units valued at $15,984,300 from 28 securities on Thursday.
Trading ended with an average of 188,242 units for an average of $888,581 in contrast to 127,715 units for an average of $570,868 on Thursday. The average volume and value for the month to date amounts to 116,237 shares at $587,745 and previously 108,439 shares at $555,164, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security changing hands.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator with 3 stocks ending with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Access Financial fell 60 cents to settle at 52 weeks’ low of $31 with 4,220 shares changing hands, Blue Power traded 400 shares, after rising 40 cents to end at $7.40, Caribbean Flavours lost $2.10 in trading 17,760 units at $12.40, Caribbean Producers added 5 cents in exchanging 510,474 shares at $4.75. Dolphin Cove shed 10 cents trading 9,000 units at $10.90, Derrimon Trading declined by 5 cents to settle at $2.55 after 72,200 shares crossed the market, Elite Diagnostic lost 20 cents in trading of 11,259 units at $5.50, Everything Fresh shed 21 cents in trading of 53,433 units at $1.02. Fosrich declined by 19 cents in trading of 23,627 units to close at $4.70, Fontana fell 20 cents exchanging 60,495 units at $7, General Accident ended trading with 553,622 shares, after rising 20 cents to end at $8. Honey Bun traded 66,789 units and gained 55 cents to end at $7. iCreate lost 1 cent in closing at 68 cents with 40,500 stock units changing hands, Indies Pharma gained 29 cents to close at $3.35, with 1,878,500 stock units passing through the market. Iron Rock Insurance lost 10 cents in transferring 1,000 units at $3.60, ISP Finance closed at $32.99 after jumping $2.99 in trading 1,000 shares. Jamaican Teas climbed 37 cents and exchanged 1,150,008 shares at $6.30 after reporting strong full-year results, Key Insurance fell 20 cents in trading of 1,800 units at $3.30. Lasco Distributors ended trading with 568,151 shares, and rose 31 cents to end at $3.61, Lasco Manufacturing climbed 20 cents and exchanged 362,459 shares at $5.20, Limners and Bards fell 16 cents in trading of 25,784 units at $2.72, Main Event lost 48 cents with 2,114 units crossing the exchange at $5.64. Medical Disposables closed trading of 1,290 units and gained 30 cents to end at $7, Paramount Trading shed 13 cents in trading of 37,100 units at $1.87 and tTech lost $1.40 in trading 18,689 shares to close at $5.50.

Prices of securities trading for the day are those at which the last trade took place.

Big drop for Junior Market – Thursday

Junior Market Index dropped 38.60 points to close at 3,360.30 at the close of trading on Thursday with the prices of 7 securities rising, 13 declining and 8 remaining unchanged.
Similar to Wednesday, investors traded in 28 securities on Thursday, resulting in an exchange of 3,576,032 units valued at $15,984,300 compared to 4,967,518 units valued at $25,373,913 on Wednesday.
Trading ended with an average of 127,715 units for an average of $570,868 in contrast to 177,411 units for an average of $906,211 on Wednesday. The average volume and value for the month to date amounts to 108,439 shares at $555,164 and previously 97,258 shares at $528,565, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator with 2 stocks ending with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, Access Financial lost 40 cents to settle at $31.60 with 3,903 shares changing hands, AMG Packaging climbed 10 cents and exchanged 233,120 stock units at $2, Blue Power declined by 90 cents in trading 48,548 units at $7. CAC 2000 transferred 1,000 stock units and dropped $1.50 to settle at $11. Caribbean Cream inched just 1 cent higher in exchanging 257,455 shares at $4.06, Dolphin Cove ended market activity in transferring 500 shares to close at $11 after falling 75 cents. Elite Diagnostic closed 20 cents higher at $5.70, with 425,228 stock units trading, Everything Fresh ended with 50,944 shares changing hands, after rising 9 cents to end at $1.23. Express Catering lost 40 cents in trading 69,050 stock units to close at $6.30. Fontana lost 25 cents to close at $7.20 with investors switching ownership of 201,386 units, General Accident dipped 5 cents with 25,900 units changing hands at $7.80. Indies Pharma lost by 6 cents in trading 847,485 units at $3.06, Jamaican Teas ended market activity in exchanging 344,273 shares to close at $5.93 after falling 27 cents, Jetcon Corporation traded 25,300 shares, after rising 19 cents to end at $1.99, Lasco Distributors dipped 10 cents with 77,810 units crossing the exchange at $3.30. Lasco Financial shed 84 cents in trading 112,401 units at $4.45, following the release of the second-quarter results with a loss of $16 million in the quarter after making a loan loss provision of $180 million in the quarter, Limners and Bards fell 6 cents in trading 200,891 units at $2.88. Medical Disposables declined 30 cents to settle at $6.70. Paramount Trading climbed 15 cents and exchanged 10,694 shares at $2 and Stationery and Office Supplies ended trading 84,263 stock units after rising 17 cents to close at $11.20.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market trading jumps – Wednesday

Junior Market trading closed with 28 securities changing hands on Wednesday, resulting in an exchange of 4,967,518 units valued at $25,373,913, compared to 1,312,567 units valued at $6,552,084 from 29 securities Passing through the market on Tuesday.
At the close of market activities, the prices of 10 securities advanced, 12 declined and 6 remained unchanged. The Junior Market Index advanced by 14.05 points to close at 3,398.90.
Trading ended with an average of 177,411 units for an average of $906,211 in contrast to 45,261 units for an average of $225,934 on Tuesday. The average volume and value for the month to date amounts to 97,258 shares at $528,565 and previously 97,258 shares at $528,565, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator with 4 stocks ending with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial ended trading with 7,121 shares, after rising 50 cents to end at $32, Blue Power closed with a loss of 5 cents at $7.90, in the swapping of 2,429 stock units, Caribbean Flavours dropped $3.50 while exchanging just 1,000 shares at $14.50. Caribbean Producers traded 3,377,581 shares and declined by 10 cents to settle at $4.70, Derrimon Trading ended market activity exchanging 128,184 shares to close at $2.60 after falling 9 cents, Dolphin Cove climbed to $11.75 after a gain of $1.25 with 96,722 shares changing hands. Everything Fresh fell 1 cent to $1.14 with 10,000 stock units crossing the exchange, Express Catering climbed 30 cents and exchanged 11,971 shares at $6.70, Fosrich closed trading of 11,962 units and gained 19 cents to end at $4.89. GWest Corporation traded 5,000 shares, after rising 20 cents to close at $1, Honey Bun fell 14 cents to $6.45, after swapping of 5,500 shares, Indies Pharma gained 2 cents to close at $3.12, with 101,118 stock units trading, ISP Finance lost $3 in trading 2,200 shares to close at $30. Jamaican Teas dipped 2 cents in trading of 13,261 units at $6.20, Lasco Distributors shed 18 cents in trading of 318,006 units at $3.40, Lasco Financial closed 29 cents higher at $5.29, with an exchange of 15,000 stock units. Lasco Manufacturing lost 20 cents in trading of 64,065 units at $5, Limners and Bards ended market activity exchanging 662 shares to close at $2.94 after falling 4 cents, Main Event ended trading with 19,340 shares, after rising 77 cents to end at $6.12. Stationery and Office Supplies ended market activity exchanging 212,491 shares to close at $11.03 after falling $1.47 and tTech ended trading with 34,206 shares, after rising 60 cents to end at $6.90.
In the Junior Market preference segment, CAC2000 closed 2 cents higher at $1.10, with 9,800 stock units trading.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market trading drops 82% – Tuesday

Investors pushed trading sharply lower by 82 percent on the Junior Market of the Jamaica Stock Exchange on Tuesday with an exchange of 1,312,567 units valued at $6,552,084, compared to 7,175,205 units for $36,704,045 on Monday, leading to slippage in the market index.
The market ended on with 29 securities trading, versus 28 changing hands on Monday, resulting in the prices of 8 securities advancing, 9 declining and 12 remaining unchanged with the Junior Market Index declined by 23.21 points to close at 3,384.85. The market closed with negative sentiments for the second day, as shown by the IC bid-offer Indicator as the market approaches resistance above the current level.
Trading ended with an average of 45,261 units for $225,934 each security traded in contrast to 256,257 units for an average of $1,310,859 on Monday. The average volume and value for the month to date amounts to 97,258 shares at $528,565 and previously 105,112 shares at $574,274, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading was heavily weighted to a decline in the market on Tuesday with just 3 stocks ended with bids higher than their last selling prices and 9 with lower offers.
At the close of the market, Blue Power lost 5 cents in trading of 2,500 units at $7.95, Caribbean Cream gained 15 cents to end at $4.05, with 117,444 stock units trading, Everything Fresh lost 2 cents exchanging 23,310 units at $1.15, Express Catering lost 10 cents with 61,893 shares crossing the market to close at $6.40. Fosrich dipped 10 cents in trading 19,574 units at $4.70, General Accident shed 15 cents in swapping of 31,696 units at $7.85, GWest Corporation lost 26 cents in trading 23,000 shares to close at 0.80 cents, iCreate ended with a loss of 1 cent at 0.69 with 51,306 stock units changing hands. Indies Pharma closed 6 cents higher at $3.10, in trading 20,000 shares, Iron Rock Insurance exchanged 540 units and gained 9 cents to end at $3.70, ISP Finance climbed to an all-time high of $33 after jumping $6 with 6,667 shares changing hands. Jetcon Corporation exchanged 200 shares and gained 3 cents to end at $1.80, Knutsford Express traded 2,600 shares, after rising 20 cents to end at $10.85, Lasco Distributors closed 28 cents higher at $3.58, with 261,904 stock units changing hands, Lasco Financial fell 10 cents in trading 1,195 units at $5. Main Event fell 75 cents and exchanged 6,718 shares to close at $ 5.35, Medical Disposables lost 95 cents in trading 2,000 stock units to close at $7. Paramount Trading dropped 25 cents in swapping 21,000 units at $1.85 and Stationery and Office Supplies rose 18 cents to close at $12.50, with 50,100 stock units crossing the exchange.

Prices of securities trading for the day are those at which the last trade took place.

Sharp jump in Junior Market trading – Monday

Investors pushed trading sharply higher by more than 500 percent on the Junior Market of the Jamaica Stock Exchange on Monday with an exchange of 7,175,205 units valued at $36,704,045, compared to 1,150,661 units valued at $4,145,571 on Friday but with a modest rise in the market index.
The market ended on Monday with 28 securities trading, up from 25 changing hands on Friday, resulting in the prices of 14 securities advancing, 9 declining and 5 remaining unchanged with the Junior Market Index rising 3.79 points to close at 3,408.06. The market closed with negative sentiments, as shown by the IC bid-offer Indicator as the market approaches resistance above the current level.
Trading ended with an average of 256,257 units at $1,310,859 for each in contrast to 46,026 units for an average of $165,823 on Friday. The average volume and value for the month to date amounts to 105,112 shares at $574,274 and previously 79,306 shares at $448,516, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security changing hands.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading was heavily weighted to a decline in the market on Tuesday with just 2 stocks ended with bids higher than their last selling prices and 9 with lower offers.
At the close of the market, Access Financial fell 50 cents in trading of 5,304 units to end at a 52 weeks’ low of $31.50, Caribbean Cream exchanged 4,100 units and gained 10 cents to end at $3.90, Caribbean Producers climbed 29 cents in trading 1,500 shares at $4.80. Consolidated Bakeries closed 6 cents higher at $1.80, with 2,650 stock units trading, Dolphin Cove closed with 3,273 units crossing the exchange and gained 50 cents to end at $10.50, Elite Diagnostic lost 28 cents in trading 11,882 units at $5.50, Everything Fresh lost 8 cents to end at $1.17, after swapping of 229 shares. Express Catering traded 43,421 shares, after rising 30 cents to end at $6.50, Fosrich closed with a rise of 10 cents at $4.80, with 82,811 stock units crossing the exchnage, Fontana closed 22 cents higher at $7.45, with 67,745 stock units changing hands, General Accident ended market activity exchanging 7,220 shares to close at $8 after falling 15 cents. GWest Corporation lost 8 cents trading 1,918 shares to close at $1.06, Honey Bun closed 29 cents higher at $6.59, with an exchange of 10,591 stock units, iCreate climbed 5 cents and exchanged 36,748 shares at 70 cents, Indies Pharma ended with a loss of 1 cent at 3.04 with 33,494 stock units changing hands. Jamaican Teas lost 2 cents in trading 18,539 units at $6.22, Jetcon Corporation closed with a loss of 3 cents at $1.77, in swapping 24,466 shares, Knutsford Express ended trading with 200 shares, after rising 5 cents to end at $10.65. Lasco Manufacturing lost 15 cents in exchanging 6,429,477 shares to close at $5.20, Main Event climbed 99 cents and exchanged 100,000 shares at $6.10. Medical Disposables ended with 7,600 shares crossing the market, after rising 95 cents to end at $7.95, Limners and Bards rose 24 cents to close at $2.98, with the trading of 78,399 stock units and Stationery and Office Supplies closed with an exhnage of 2,000 units and gained 2 cents to end at $12.32.

Prices of securities trading for the day are those at which the last trade took place.

Two new entries to IC TOP 10

Back in IC TOP 10

The vast majority of listed companies on the Jamaica Stock Exchange will be releasing quarterly results by the end of the week and that could result in significant price movements for some. The major moves should apply mostly in the Junior Market that has several undervalued stocks.
The main market TOP 10 has two new additions this week with Pulse Investments surging back into the list with robust first-quarter results, suggesting that profit for the year could reach 50 cents per share.  Scotia Group also returned to the top flight while Eppley and Proven Investments exited the listing. There was no change to the Junior Market TOP 10 list.
The top three Junior Market stocks continue to be led by Caribbean Producers with projected gains of 254 percent, followed by Iron Rock Insurance with a potential rise of 232 percent and Main Event with 221 percent.
Radio Jamaica remains the lead stock with projected gains of 170 percent, followed by Carreras in the number two spot with likely increases of 106 percent and Berger Paints with projected growth of 95 percent is next.
The main market closed the week with the overall PE of 17.6, up from 17.2 and the Junior Market at 12.1 from 11.8, based on current year’s earnings. The PE ratio for Junior Market Top 10 stocks averages 7.5, with the main market PE at 10.6.
The TOP 10 stocks now trade at a discount of 38 percent to the average for Junior Market stocks and main market stocks trade at a discount of 40 percent to the overall market.
IC TOP 10 stocks are likely to deliver the best returns to March next year. Projected earnings, along with the PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest-ranked being the most attractive. The increased values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have an interest in the securities commented on.

Sharp jump for Junior Market on Friday

Junior Market trading positively with higher highs and higher lows

The Jamaica Stock Exchange Junior Market jumped by a sharp 52.12 points to 3,404.27 on Friday with 9 securities gaining, 9 falling and 7 remaining unchanged.
The market closed with 25 securities changing hands, resulting in an exchange of 1,150,661 units valued at $4,145,571, compared to 3,148,377 units valued $25,692,771 from 30 securities trading on Thursday.
Trading ended with an average of 46,026 units for an average of $165,823 in contrast to 104,946 units for an average of $856,426 on Thursday. The average volume and value for the month to date amounts to 79,306 shares at $448,516 and previously 85,292 shares at $499,360, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, AMG Packaging shed 14 cents in trading 52,000 units to close at $1.90, Caribbean Producers lost 29 cents to end at $4.51, in swapping of 52,000 shares, Consolidated Bakeries ended with a loss of 1 cent at $1.74 with 40,000 stock units changing hands. Dolphin Cove climbed $1 to settle at $10 with an exchange of 100 shares, Derrimon Trading rose 9 cents and exchanged 298,418 shares and finished at $2.69. Elite Diagnostic rose 28 cents and swapped 10,650 shares at $5.78. Everything Fresh rose 7 cents with 156,568 shares changing hands at $1.25, Fontana ended market activity exchanging 101,689 shares to close at $7.23 after falling 27 cents. General Accident closed trading of 21,635 units and gained 64 cents to end at $8.15, GWest Corporation closed 9 cents higher at $1.14, with 809 stock units crossing the exchange. Honey Bun lost 30 cents in trading 40,000 units to land at $6.30, iCreate declined 5 cents in trading of 101,598 units at 65 cents, ISP Finance gained $2 to end at $27 with an exchange of 10,200 stock units, Jamaican Teas ended with a loss of 1 cent at $6.24 with 4,510 stock units changing hands. Jetcon Corporation declined by 19 cents trading of 44,000 units at $1.80, Lasco Manufacturing climbed 15 cents as it exchanged 266 shares at $5.35, Limners and Bards added 2 cents, trading 24,700 shares at $2.74 and Stationery and Office Supplies lost 20 cents in trading 10,380 stock units to close at $12.30.

Prices of securities trading for the day are those at which the last trade took place.