Trading on the Junior Market continues to remain low, with 786,779 units valued $4,004,721 trading, resulting from 17 active securities, up from 14 on Wednesday when 246,438 units valued at $1,330,403 passed through the market.
The market index continued the recovery from the steep fall recently, posting 57.54 points rise to end at 3,040.25 as the price of 7 stocks advanced and 8 declined. Trading closed with 3 stocks having higher bids than their last traded prices and 3 closing with lower offers.
The Junior Market ended trading with an average of only 46,281 units for an average value of $235,572 compared to 17,603 units for an average value of $95,029 on Wednesday. The average volume and value for the month to date amounts to 46,842 units valued at $257,217, compared 46,904 units valued at $259,622 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, Access Financial Services rose 50 cents to close at $46.50 in trading 101 units, Caribbean Cream lost 30 cents and ended at $7 with 115,109 shares trading, after the company posted lower profit in the first quarter ending in May, with earnings of 9 cents per share versus 19 cents in the similar quarter in 2016. Caribbean Producers rose 19 cents and closed trading with 1,416 units to end at $3.69, Consolidated Bakeries closed trading with 62,875 shares and lost 10 cents, to close at $2.62, Derrimon Trading ended with 11,510 units changing hands, to close at $8 after slipping 5 cents. Dolphin Cove jumped $2.50 to end at $20 with 3,095 shares changing hands, General Accident closed trading with 16,215 shares to end at $2.70, after falling 20 cents, Honey Bun fell 16 cents to close trading with 6,419 shares to end at $5.54, ISP Finance closed with 263 units changing hands at $16, Jamaican Teas ended trading 139,044 shares, to end at $3.80, Jetcon Corporation traded 1,000 shares and fell 30 cents to end at $4.50, Knutsford Express traded 1,208 shares to end at $15, after falling 49 cents, Lasco Distributors rose 73 cents and closed at $6.98 after trading 201,000 units, Lasco Financial ended with 207,492 shares changing hands and rose 10 cents to end at $3.70, Lasco Manufacturing rose 10 cents and ended with 9,820 shares trading, to close at $4.40, Main Event rose 42 cents with 212 shares trading to end at $5.60, and Paramount Trading ended at $2.99 with 10,000 units trading.
Junior Market declines slow on Tuesday
The Junior Market trading sank to an extreme on Tuesday, as trading levels dipped 54 percent from Monday’s levels on top of the 77 percent fall on Monday from Friday’s trades.
The market index continued it decent but at a more moderate pace of 19 points, far less than 60 and 69 points fall, on the two previous trading days.
Market activity resulted in 16 securities trading versus 18 on Monday, with the price of 5 advancing and 4 declining stocks and leading to the index closing at 2,979.23 having lost 19.19 points. Investors exchanged just 185,394 units valued at $1,541,248.37 compared with a mere 405,167 units valued at $2,384,673 on Monday.
Trading closed with just 2 stocks having higher bids than their last traded prices and 6 closing with lower offers.
The Junior Market ended trading with an average of only 11,587 units for an average value of $96,328 compared to 22,509 units for an average value of $132,482 on Monday. The average volume and value for the month to date amounts to 50,567 units valued at $280,196, compared with 65,529 units valued at $357,539 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, Access Financial Services lost 20 cents to close at $46 in trading 5,300 units, Caribbean Cream ended at $7.80 with 1,905 shares trading, Dolphin Cove jumped $1.75 to end at $20, with 4,855 shares changing hands, Eppley dropped $1.15 with 2,000 units changing hands to close of $11.80, General Accident closed trading with 100 shares to end at $2.90, ISP Finance closed with 7,517 units changing hands at $16, Jamaican Teas lost 10 cents trading 5,000 shares, to end at $3.80, Jetcon Corporation traded 5,150 shares at $4.85, Knutsford Express traded 16,339 shares to end at $15.49, Lasco Distributors added 25 cents, closing at $6.25 after trading 73,820 units, Lasco Manufacturing lost 25 cents and ended with 35,633 shares trading, to close at $4.30, Main Event ended trading 23,412 shares at $5.10, Medical Disposables ended at $5.50 with 1,000 units trading, Sweet River rose 5 cents and ended with 2,000 units changing hands at $3.55, tTech jumped $1.50 in trading 463 units to close at a record high of $10 and Derrimon Trading preference share ended with 100 units changing hands, to close at $2.50 after rising 30 cents.
Juniors drop 5% for week
At the close of the Junior Market on Friday, the market index shed almost 5 percent as it fell 68.54 points on and 157.79 points for the week, to end at 3,064.46. Advancing stocks outnumbered declining ones, 6 to 5, at the close of trading, for the week.
The market closed with 19 securities versus 16 on Thursday leading to 1,798,125 units valued at $9,009,745 trading, compared with 1,273,040 units valued at $6,292,991 on Thursday.
Trading closed with 7 stocks having higher bids than their last traded prices and 1 closing with a lower offer as the short term desire to sell continued to dominate the market currently.
The Junior Market ended trading with an average of 94,638 units for an average value of $474,197 compared to 67,002 units for an average value of $331,210 on Thursday. The average volume and value for the month to date amounts to 74,132 units valued at $402,551 compared with units 69,006 units valued at $384,639 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, Access Financial Services lost 50 cents to close at $46.50, trading 199 units AMG Packaging closed at $4 with 22,679 units changing hands, Blue Power closed at $50 with 862 units changing hands, CAC 2000 shed $1.43 to end at $6.75 with 27,757 shares trading, Cargo Handlers traded 1,259 shares and fell 5 cents to $14.45, Caribbean Flavours ended trading 240 units at $12.10, Caribbean Producers closed trading with 11,400 units to end at $3.40, Consolidated Bakeries closed trading with 12,732 shares at $2.72, Derrimon Trading ended at $8.05 with 132,000 shares changing hands, General Accident closed trading with 103,720 shares to end at $2.90, Iron Rock lost 30 cents and closed with 200 units, changing hands at $3.20 Jamaican Teas lost 30 cents trading 9,800 shares, to end at $3.80, Jetcon Corporation shed 55 cents to $4.50 with 804,795 shares trading, Knutsford Express traded 11,582 shares and lost 15 cents to end at $14.85, Lasco Distributors closed at $6.80 after trading 16,000 units, Lasco Financial ended with 68,052 shares changing hands at $3.60 after slipping 20 cents, Lasco Manufacturing fell 40 cents and ended with 535,551 shares trading, to close at $4.30. Main Event gained 50 cents to end trading 31,922 shares at $5.50 and Medical Disposables lost 50 cents and closed at $5.50 with 7,375 units trading.
More declines for Juniors on Thursday
The Junior Market suffered more losses on Thursday with the market index slipping 12.11 points to end at 3,133.00 as advancing stocks were outnumbered by declining ones 9 to 5. Volume traded fell from Wednesday’s 2 million units to 1.27 million shares.
The junior Market closed with 19 securities versus 16 on Wednesday leading to 1,273,040 units valued at $6,292,991 trading, compared with 1,959778 units valued at $11,361,648 on Wednesday.
Trading closed with 4 stocks having higher bids than their last traded prices and 3 closing with lower offers as the short term desire to sell dominates the market currently.
The Junior Market ended trading with an average of 67,002 units for an average value of $331,210 compared to 122,383 units for an average value of $710,103 on Wednesday. The average volume and value for the month to date amounts to 69,006 units valued at $384,639 compared with units 69,674 valued at $402,449 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, Access Financial Services gained 50 cents to close at $47, trading 2,070 units AMG Packaging lost 4 cents and closed at $4 with 8,694 units changing hands, Caribbean Cream fell 15 cents in trading 150,867 units to end at $7.86, Caribbean Producers closed trading with 81,274 units but lost 29 cents to end at $3.40, Consolidated Bakeries rose 10 cents in trading 30,000 shares to close at $2.72, Eppley traded 4,009 shares to close at $12.95, General Accident closed trading with 203,693 shares and fell 10 cents to end at $2.90, Honey Bun lost 20 cents and closed with 41,767 units, changing hands at $5.50, Jamaican Teas lost 5 cents trading 114,265 shares, to end at $4.10, Jetcon Corporation rose 5 cents to $5.05 with 215,883 shares trading, KLE Group ended at $2.10 with 7,734 shares changing hands, Knutsford Express traded 8,798 shares and lost 80 cents to end at $15, Lasco Distributors rose 30 cents and closed at $6.80 after trading 16,000 units, Lasco Financial ended with 47,663 shares changing hands at $3.80 after rising 5 cents, Lasco Manufacturing fell 20 cents and ended with 305,377 shares trading to close at $4.70. Main Event ended trading 13,350 shares at $5, Medical Disposables closed at $6 with 15,166 units trading, Paramount Trading lost 1 cent to end at $2.99 with 3,350 units trading and tTech traded 3,000 units to gain 99 cents to close at record high of $9.50.
Juniors drop again on Wednesday
The Junior Market lost further ground on Wednesday as the market index slipped 31.33 points to end at 3,145.11 as advancing stocks just edged out declining ones 6 to 5. Volume traded increased from Tuesday’s 1 million unit level to just under 2 million units.
The junior Market closed with 16 securities versus 18 on Tuesday leading to 1,959,778 units valued at $11,361,648 trading, compared with 1,057,031 units valued at $6,029,750 on Tuesday.
Trading closed with 4 stocks having higher bids than their last traded prices and 3 closing with lower offers as the short term desire to sell dominates the market currently.
The Junior Market ended trading with an average of 122,383 units for an average value of $710,103 compared to 58,724 units for an average value of $334,986 on Tuesday. The average volume and value for the month to date amounts to just 69,674 units valued at $402,449 compared with 43,268 units valued at $248,622, 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, stocks trading and their last traded price are: AMG Packaging closed at $4.10 with 10,000 units changing hands, Caribbean Cream added 56 cents in trading 2,000 units to end at $8.01, Consolidated Bakeries rose 10 cents in trading 14,096 shares to close at $2.72, C2W Music lost 2 cents in trading 1,350 shares to close at 40 cents, Dolphin Cove lost $2 and ended at $18 with 2,979 shares trading, General Accident closed trading with 1,000 shares at $3, Honey Bun lost 17 cents and closed with 1,000 units, changing hands at $5.70 Jamaican Teas lost 5 cents trading 24,538 shares, to end at $4.15, Jetcon Corporation lost 48 cents and ended at $5 with 1,280,719 shares trading, Knutsford Express traded 9,454 shares to end at $15.80, Lasco Distributors fell 48 cents and closed at $6.50 after trading 15,575 units, Lasco Financial ended with 2,000 shares changing hands at $3.75 after losing 5 cents, Lasco Manufacturing ended with 69,398 shares trading closed at $4.90 after rising 2 cents. Main Event dropped 30 cents and ended trading 140,248 shares at $5, Paramount Trading lost 2 cents to end at $3 with 10,000 units trading and tTech traded 374,621 units for 71 cents more to $8.51.
Juniors drop again on Tuesday
The Junior Market lost further ground on Tuesday with the market index slipping 19.51 points, to end at 3,176.44, as advancing stocks just edged out declining ones 7 to 6. Volume traded recovered somewhat from Monday’s low level, to just over 1 million units.
The junior Market closed with 18 securities versus the same number on Monday leading to only 1,057,031 units valued at $6,029,750 trading, compared with 500,614 units valued at $2,920,659 on Monday.
Trading closed with 4 stocks having higher bids than their last traded prices and 6 closing with lower offers as the short term desire to sell dominates the market currently.
The Junior Market ended trading with an average of just 58,724 units for an average value of $334,986 compared to 28,812 units for an average value of $162,259 on Monday. The average volume and value for the month to date amounts to just 43,268 units valued at $248,622 compared with 162,259 units valued at $162,259, 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, stocks trading and their last traded price are: Blue Power closed at $50 with a mere 800 units changing hands, Cargo Handlers dropped $1.40 in trading 500 shares to end at $14.50, Caribbean Cream dropped 56 cents in trading 168,533 units to end at $7.45, Caribbean Flavours gained 10 cents in trading 560 units to end at $12.10, Caribbean Producers ended trading with 25,160 shares to close at $3.69, C2W Music lost 1 cents in trading 17,385 shares to close at 42 cents, Dolphin Cove recovered the $3 it dropped on Monday and ended at $20 with 5,037 shares trading, Honey Bun gained 27 cents and closed with 5,000 units, changing hands at $5.87, Jamaican Teas traded 24.400 shares, to end at $4.20, Jetcon Corporation rose 13 cents and ended at $5.48 with 713,635 shares trading, Key Insurance traded 1,035 shares to end at $3.05. Knutsford Express traded 4,570 shares and rose 80 cents to end at $15.80, Lasco Distributors fell 2 cents and closed at $6.98 after trading 24,253 units, Lasco Financial ended with 1,622 shares changing hands at $3.80, Lasco Manufacturing ended with 4,925 shares trading closed at $4.88 after falling 12 cents. Main Event dropped 70 cents and ended trading 26,572 shares at $5.30, Medical Disposables rose 0 cents and ended at $6 with 30,544 units trading and Paramount Trading rose 2 cents to end at $3.02 with 100 units trading.