Falling stocks dominated the Junior Market of the Jamaica Stock Exchange on Wednesday with the Index diving 51.63 points to close at 3,127.51 as the prices of 6 securities rose, 12 fell and 9 remained unchanged.
Trading ended on Wednesday with 28 securities changing hands, resulting in an exchange of 3,473,115 units valued at $10,367,273 compared to 4,609,652 units valued at $19,878,004 on Tuesday.
Trading closed with an average of 124,040 units for an average of $370,260, in contrast to 148,698 units for an average of $641,226 on Tuesday. The average volume and value for the month to date, amounts to 226,842 units valued at $650,656 and previously, 232,813 units valued at $666,944 in contrast to 204,171 units for an average of $803,427. In contrast, January closed with average of 2,245,428 units with a value of $7,372,574 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the trading, Access Financial ended with a loss of $3 at $50, in an exchange of 1,600 shares, Blue Power concluded trading of 10,514 units and rose 3 cents to $5, CAC 2000 closed 38 cents higher at $12.50, with 5,000 shares crossing the trading platform. Cargo Handlers settled with a loss of 1 cent at $13, trading 29,901 shares, Caribbean Cream ended trading of 10,700 shares with a loss of 8 cents at $5.12, Caribbean Producers lost 10 cents to end at $4.50, with 57,042 units changing hands, Derrimon Trading ended at $2.90, with an exchange of 1,029,307 shares. Everything Fresh closed at $1.75, with the trading of 101,000 stock units, Elite Diagnostic settled 7 cents higher at $3.17, with an exchange of 22,051 units. Express Catering ended trading with 3,000 shares, at $7.30, FosRich Group traded 16,025 shares, at $4, Fontana ended at $3.99, with 344,662 shares trading, and General Accident closed with a loss of 34 cents at $4.15, with an exchange of 55,500 stock units. GWest Corporation ended at $1.80, trading 47,838 units, Honey Bun concluded trading of 33,050 shares with a loss of 5 cents at $3.82, ICreate traded 955,125 and lost 1 cent to close at $1.04. Indies Pharma finished trading of 183,190 shares with a loss of 7 cents at $2.76, Jamaican Teas traded 17,119 units at $4, Jetcon Corporation finished trading 15 cents higher at $3.15, with 98,264 shares traded, KLE Group ended with a loss of 10 cents at $3.10, exchanging 5,918 shares. Knutsford Express concluded trading of 3,250 stock units with a loss of 3 cents at $12.87, Lasco Distributors finished with a loss of 5 cents at $3.75, with an exchange of 24,883 units, Lasco Financial settled with a loss of 10 cents at $4.50, trading 138,706 shares. Lasco Manufacturing ended trading of 9,370 shares at $3.25, Main Event exchanged 13,250 shares, at $5.60, Medical Disposables finished trading 40 cents higher at $7, with 140,000 stock units changing hands, SSL Venture Capital closed at $1.95, with an exchange of 35,000 shares and Stationery and Office concluded trading with 81,850 shares after rising 17 cents to $8.50.
Prices of securities trading for the day are those at which the last trade took place.