The Junior Market of the Jamaica Stock Exchange index closed trading on Tuesday with a 5.30 points decline to 2,956.96 with prices of 10 securities advancing, 4 declining and 11 remaining unchanged.
Market activity resulted in 25 securities changing hands, compared to 22 trading on Monday, with an exchange of 1,349,465 units valued at $4,963,939 versus 996,521 units valued at $4,200,325 on Monday.
Trading ended with an average of 53,979 units for an average of $198,558 compared to an average of 45,296 units for an average of $190,924 on Monday. The average volume and value for the month to date, amounts to 99,267 units at $400,071, compared to an average of 105,226 units at $426,586 on the previous trading day. February closed with an average of 338,697 units at an average value of $1,495,774 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with the bid higher than the last selling price and 8 with lower offers.
At the close of the market, AMG Packaging ended 20 cents higher at $2.20, with 50,000 stock units, CAC 2000 finished at $8.50, with 4,411 shares, Caribbean Cream ended trading with a loss of 12 cents at $6.98, with 143 shares, Caribbean Producers finished trading 22 cents higher at $4.62, with 1,901 units, Derrimon Trading concluded trading at $7.50, with 7,700 shares. Elite Diagnostic finished at $3, with 343,051 stock units, Eppley settled at $10, with 10,000 units, General Accident finished trading at $2.90, with 1,960 shares, GWest Corporation closed 4 cents higher at $2.89, with 311,948 stock units. Honey Bun ended 50 cents higher at $4.80, with 100 units, Iron Rock concluded trading 5 cents higher at $3.05, with 32,748 shares, Jamaican Teas settled at $4.50, with 28,000 shares, Jetcon Corporation ended trading 15 cents higher at $4.15, with 68,939 stock units. KLE Group finished trading 3 cents higher at $2.33, with 59,000 shares, Knutsford Express closed with a loss of 50 cents at $14.50, with 6,565 shares,
Lasco Distributors ended with a loss of 48 cents at $3.70, with 273,277 shares, Lasco Financial concluded trading 20 cents higher at $5, with 19,260 stock units. Lasco Manufacturing finished with a loss of 20 cents at $4, with 40,700 units, Main Event settled 14 cents higher at $5.95, with 8,044 shares, Medical Disposables ended trading at $4.90, with 1,500 shares, Paramount Trading traded at $3.20, with 1,500 shares. Stationery and Office finished trading at $5.50, with 12,376 stock units and tTech ended 20 cents higher at $5.20, with 6,700 shares. In the junior market preference segment, Dolphin Cove ended $18 higher at $18, with 9,642 stock units, Eppley 8.75% settled $5.75 higher at $5.75, with 50,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market flashing bullish sign- Monday
The Junior Market of the Jamaica Stock Exchange index closed trading on Monday with a 40.83 points rise to close at 2,956.96 with the prices of 6 securities advancing, 10 declining and 7 remaining unchanged.
The market closed with a bullish short term signal with 21 securities closing with bids that are the same or higher than the last traded price, suggesting that a wide number of prices will have to increase to get orders filled.
Market activity resulted in 22 securities changing hands, compared to 26 trading on Friday, with an exchange of 996,521 units valued at $4,200,325 versus 3,564,305 units valued at $13,411,844 on Friday.
Trading ended with an average of 45,296 units for an average of $190,924 compared to an average of 137,089 units for an average of $249,136 on Friday. The average volume and value for the month to date, amounts to 105,226 units at $426,586, compared to an average of 113,074 units at $457,447 on the previous trading day. February closed with an average of 338,697 units at an average value of $1,495,774 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with the bid higher than the last selling price and 7 with lower offers.
At the close of the market, Access Financial jumped $5 to close at a 52 weeks’ high of $56, with 5,000 shares, AMG Packaging ended at $2, with 119,595 stock units, Blue Power concluded trading at $33.01, with 3,267 units, Caribbean Cream ended trading 10 cents higher at $7.10, with 10,000 shares, Caribbean Producers finished trading with a loss of 1 cent at $4.40, with 3,661 units. Elite Diagnostic settled with a loss of 1 cent at $3, with 318,518 units, Eppley ended trading 50 cents higher at $10, with 50,000 shares, Express Catering traded with a loss of 2 cents at $4.80, with 6,690 shares, FosRich Group finished trading at $2.68, with 39,164 shares. General Accident closed with a loss of 40 cents at $2.90, with 103,754 stock units, Honey Bun concluded trading with a loss of 55 cents at $4.30, with 30,402 shares, Iron Rock finished at $3, with 3,000 shares, Jamaican Teas ended trading with a loss of 5 cents at $4.50, with 17,590 stock units. Jetcon Corporation traded 12 cents higher at $4, with 18,846 units,
Lasco Distributors concluded trading 3 cents higher at $4.18, with 38,811 stock units, Lasco Financial finished with a loss of 20 cents at $4.80, with 34,940 units, Lasco Manufacturing settled with a loss of 5 cents at $4.20, with 79,450 shares. Main Event ended trading with a loss of 39 cents at $5.81, with 21,909 shares, Medical Disposables traded at $4.90, with 2,500 shares, Paramount Trading finished trading 1 cent higher at $3.20, with 4,452 stock units and Stationery and Office closed at $5.50, with 83,972 units. In the junior market preference segment, Derrimon Trading closed with a loss of 15 cents at $2, with 1,000 shares changed hands.
Prices of securities trading for the day are those at which the last trade took place.
Iron Rock & 2 others in TOP 10
The Junior Market continues to fight for the 2018 rally to take root and grow even as interest rates are at their lowest in decades. Technical reading of this market shows the short term 45 day moving average (DMA) has crossed over the 120 DMA, a bullish sign as the market is coming from an oversold position.
With many Junior Market stocks having risen sharply in the last twelve months, it would require gains in profit above most of the recent postings to have pushed prices much higher in the short term. In a number of instances, some junior listed companies are focusing on expansion that will not bear fruit immediately and with some of the stocks pricing in these development into prices already, there are no new information to move prices in the short term. Results for the 2018 first quarter will therefore be critical in determining the performance of the market for the first half of the year.
Stationery and Office Supplies got a shot in the arm from audited financial statements to December 2018, showing strong gains in revenues and profit, compared to 2016 and saw the price moving back up to $5.50 and its position in the TOP list down to 8 from number 2 in February. It won’t be long before it drops out of the list as demand push the price higher. General insurance underwriters Iron Rock is now in the list, following improved 2017 results that benefited from strong revenues growth that augurs well for earnings in 2018. The company should also benefit from rising premium rates. Paramount Trading is back in the list and so too is AMG Packaging having disposed of its machinery in the tissue operations and cut cost it in it as well from the closure of that business line. 
Going into the 2019 fiscal year it should be rid of most of the cost of that operations and therefore focus on the container boxes to meet the existing increased demand. Out goes Dolphin Cove with lower than projected earnings being reported for 2017, followed by Blue Power and tTech with lower results for 2017 than previously projected, that will likely negatively affect 2018 earnings for these companies.
At the close of Friday, the average PE ratio for Junior Market Top stocks ended at 6.3 compared to an average PE for the overall main market is 10 based on 2018 estimated earnings.
IC Insider.com’s TOP 10 stocks now trade at an average discount of 37 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be, of 20 times earnings.
Losses edged out gains on Junior Market
The Junior Market of the Jamaica Stock Exchange index closed virtually flat at the close of trading on Friday with a miniscule rise of just 0.03 points to close at 2,916.93 with the prices of 9 securities advancing, 10 declining and 7 remaining unchanged.
Market activity resulted in 26 securities changing hands, compared to 25 trading on Thursday, with an exchange of 3,564,305 units valued at $13,411,844 versus 1,521,188 units valued at $6,228,409 on Thursday.
Trading ended with an average of 137,089 units for an average of $249,136 compared to an average of 60,848 units for an average of $249,136 on Thursday. The average volume and value for the month to date, amounts to 113,074 units at $457,447, compared to an average of 108,678 units at $446,755 on the previous trading day. February closed with an average of 338,697 units at an average value of $1,495,774 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ending with the bid higher than the last selling price and 3 with lower offers.
At the close of the market, Access Financial gained $1 to close at $51, with 26,900 shares trading, AMG Packaging ended with a loss of 5 cents at $2, as 143,545 stock units traded, CAC 2000 finished with a loss of 1 cent at $8.50, in exchanging 5,800 shares, Caribbean Cream ended trading $1 higher at $7, with 8,000 shares, Caribbean Flavours added 84 cents to end at $10.90, with 2,250 stock units. Caribbean Producers finished trading with a loss of 21 cents at $4.41, as 17,500 units changed hands, Consolidated Bakeries closed at $2, with 3,400 shares, Dolphin Cove finished at $18, with 1,133 stock units, Elite Diagnostic settled 9 cents higher at $3.01, with 2,009,501 units. Eppley ended trading at $9.50, with 800 shares trading, Express Catering traded with a loss of 3 cents at $4.82, after 26,137 shares were transferred, FosRich Group fell 7 cents at $2.68, with 17,780 shares, General Accident closed 40 cents higher at $3.30, with 245,747 stock units. 
GWest Corporation lost 4 cents at $2.85, with 15,000 units, Honey Bun concluded trading at $4.85, with 29,800 shares, Jamaican Teas ended trading with a loss of 20 cents at $4.55, with 50,874 stock units, Jetcon Corporation traded with a loss of 27 cents at $3.88, with 188,113 units. KLE Group closed at $2.30, with 55,000 shares, Knutsford Express ended $1 higher at $15, with 15,617 shares, Lasco Distributors concluded trading down, 5 cents at $4.15, with 75,802 stock units, Lasco Financial finished at $5, with 4,700 units. Lasco Manufacturing settled 25 cents higher at $4.25, with 508,477 shares, Main Event rose 39 cents to $6.20, with 88,990 shares, Paramount Trading finished trading and rose 3 cents to $3.19, with 7,000 stock units, Stationery and Office closed at $5.50, with 13,189 units and tTech concluded trading with a loss of 55 cents at $5, after 3,250 shares changed hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market makes modest gains – Thursday
The Junior Market of the Jamaica Stock Exchange index, gained 6.10 points to close at 2,916.90 on Thursday, with 25 securities changing hands, compared to 21 trading on Wednesday.
Market activity resulted in the prices of 9 securities advancing, 9 declining and 7 remaining unchanged, from an exchange of 1,521,188 units valued at $6,228,409 versus 3,531,852 units valued at $15,298,043 on Wednesday.
Trading ended with an average of 60,848 units for an average of $249,136 compared to an average of 168,183 units for an average of $728,478 on Wednesday. The average volume and value for the month to date, amounts to 108,678 units at $446,755, compared to an average of 118,898 units at $488,981 on the previous trading day. 
February closed with an average of 338,697 units at an average value of $1,495,774 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending with the bid higher than the last selling price and 3 with lower offers.
At the close of the market, AMG Packaging ended 5 cents higher at $2.05, with 259,390 stock units, Blue Power concluded trading at $33.01, with 500 units, CAC 2000 finished with a loss of 19 cents at $8.51, with 6,739 shares, Caribbean Cream ended trading with a loss of 5 cents at $6, after 9,700 shares were exchanged, Caribbean Flavours traded 6 cents higher at $10.06, with 4,000 stock units. Caribbean Producers finished trading at $4.62, with 16,785 units, C2W Music ended at 45 cents, with 3,000 shares trading, Derrimon Trading closed at $7.50, with 50,729 shares changing hands, Dolphin Cove finished $1.90 higher at $18, with 4,700 stock units. Elite Diagnostic settled at $2.92, with 293,553 units, Eppley ended trading with a loss of 50 cents at $9.50, with 900 shares, 
Express Catering traded with a loss of 5 cents at $4.85, with 30,913 shares, FosRich Group finished trading 5 cents higher at $2.75, with 40,706 shares. Honey Bun concluded trading as the price rose 45 cents to $4.85, with just 100 shares, Jamaican Teas ended trading with a loss of 5 cents at $4.75, after exchanging 17,773 stock units, Jetcon Corporation traded with a loss of 40 cents to close at $4.15, with 295,302 units, Knutsford Express ended with a loss of 1 cent at $14, trading 2,655 shares. Lasco Distributors closed 15 cents higher at $4.20, with 61,807 stock units, Lasco Financial added 30 cents to end at $5, with 116,000 units, Lasco Manufacturing settled with a loss of 25 cents at $4, trading 35,881 shares, Main Event ended trading at $5.81, with 655 shares. Medical Disposables traded 5 cents higher at $4.90, with 8,500 shares, Paramount Trading finished trading 1 cent higher at $3.16, with 1,000 stock units, Stationery and Office closed at $5.50, with 243,930 units and tTech concluded trading with a loss of 45 cents at $5.55, after 15,970 shares changed hands.
Prices of securities trading for the day are those at which the last trade took place.
More Junior Market gains – Wednesday
The Junior Market of the Jamaica Stock Exchange index, climbed 13.74 points, to close at 2,910.80 on Wednesday, with 21 securities changing hands, compared to 22 trading on Tuesday.
Market activity resulted in the prices of 9 securities advancing, 5 declining and 7 remaining unchanged, from an exchange of 3,531,852 units valued at $15,298,043, versus 2,525,646 units valued at $10,130,237 on Tuesday.
Trading ended with an average of 168,183 units for an average of $728,478 compared to an average of 114,802 units for an average of $460,465 on Tuesday. The average volume and value for the month to date, amounts to 118,898 units at $488,981, compared to an average of 108,116 units at $436,591 on the previous trading day. February closed with an average of 338,697 units at an average value of $1,495,774 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ending with the bid higher than the last selling price and 3 with lower offers.
At the close of the market, Access Financial closed at $50, with 10,000 shares changing hands, Blue Power concluded trading at $33.01, with a mere 143 units, Caribbean Producers finished trading 47 cents higher at $4.62, with 1,054,990 units, Consolidated Bakeries closed 10 cents higher at $2, with 249 shares, Derrimon Trading closed with a loss of 2 cents at $7.50, with 5,000 shares. Elite Diagnostic settled 10 cents higher at $2.92, with 484,999 units, Eppley ended trading at $10, with 1,100 shares, FosRich Group finished trading 20 cents higher at $2.70, with 411,785 shares, GWest Corporation ended at $2.89, with 4,080 units. Honey Bun concluded trading 30 cents higher at $4.40, with 15,000 shares, ISP Finance rose by $1.45 to close at $13.50, with 620 shares, 
Jamaican Teas ended trading with a loss of 20 cents at $4.80, with 35,000 stock units, Jetcon Corporation traded 30 cents higher at $4.55, with 10,600 units. Key Insurance finished trading at $3.95, with 300 shares, Lasco Distributors concluded trading with a loss of 15 cents at $4.05, with 248,805 stock units, Lasco Financial finished with a loss of 20 cents at $4.70, with 1,082,814 units, Lasco Manufacturing settled 5 cents higher at $4.25, with 10,444 shares. Main Event ended trading with a loss of 39 cents at $5.81, with 6,938 shares, Paramount Trading finished trading 5 cents higher at $3.15, with 10,000 stock units, Stationery and Office closed at $5.50, with 88,491 units and tTech concluded trading at $6, with 50,494 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market falls again – Friday
The Junior Market of the Jamaica Stock Exchange index declined for the second day, with a fall of 14.96 points to close at 2,845.91 on Friday. At the close, the prices of 11 securities advanced, 8 declined and 6 remained unchanged from 25 securities changing hands, compared to 26 changing hands on Thursday.
Market activity resulted in an exchange of 1,770,268 units valued at $6,952,112 versus an exchange of 3,574,111 units valued at $13,735,257 on Thursday.
Trading ended with an average of 70,811 units for an average of $278,084 compared to an average of 137,466 units for an average of $528,279 on Thursday. The average volume and value for the month to date amounts to 104,792 units at $405,635. February closed with an average of 338,697 units at an average value of $1,495,774 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with the bid higher than the last selling price and 2 with lower offers.
At the close of the market, Access Financial closed at $50, with 1,188 shares trading, AMG Packaging ended 17 cents higher at $2.20, with 4,032 stock units, CAC 2000 finished at $9, with 2,000 shares, Caribbean Cream ended trading 28 cents higher at $6.28, with 2,267 shares, Caribbean Producers rose 5 cents to close at $4.10, with 2,450 units. Derrimon Trading concluded trading with a gain of 48 cents to $7.48, with 71,245 shares, Elite Diagnostic settled 12 cents higher at $2.85, with 633,886 units, Eppley ended trading at $10, with 2,000 shares, Express Catering traded at $4.34, with 22,012 shares. FosRich Group finished trading with a loss of 11 cents at $2.50, with 169,827 shares changing hands, after the company reported earnings per share of 14 cents from 81 percent rise in profits for 2018. General Accident closed 6 cents higher at $2.96, with 26,621 stock units, GWest Corporation ended with a loss of 10 cents at $2.90, with 2,260 units, Honey Bun concluded trading 20 cents higher at $4.20, with 26,000 shares. Jamaican Teas ended trading with a loss of 9 cents at $4.90, with 68,758 stock units, 
Jetcon Corporation traded 30 cents higher at $4.90, with 65,640 units, Key Insurance finished trading with a loss of 6 cents at $3.94, with 17,204 shares, Knutsford Express ended with a loss of 4 cents at $14.96, with 7,562 shares. Lasco Distributors concluded trading at $4, with 97,597 stock units, Lasco Financial finished with a loss of 22 cents at $4.50, with 382,367 units, Lasco Manufacturing settled at $3.75, with 52,070 shares, Main Event ended trading 10 cents higher at $6, with 7,545 shares. Medical Disposables traded with a loss of 5 cents at $4.80, with 26,480 shares, Paramount Trading finished trading with a loss of 25 cents at $3.10, with 6,515 stock units, Stationery and Office closed 18 cents higher at $5.48, with 71,200 units after the company posted a 78 percent rise in profits and tTech concluded trading $1 higher at $6, with 1,542 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Big drop in Junior Market – Thursday
The Junior Market of the Jamaica Stock Exchange index dropped sharply on Thursday with 64.06 points fall to close at 2,860.87 as the prices of 7 securities advanced, 11 declined and 10 remained unchanged from 26 securities changing hands, the same number changing hands on Wednesday.
Market activity resulted in an exchange of 3,574,111 units valued at $13,735,257 versus an exchange of 33,681,650 units valued at $100,532,367 on Wednesday. Trading ended with an average of 137,466 units for an average of $528,279 compared to an average of 1,295,448 units for an average of $3,866,630 on Wednesday. February closed with an average of 338,697 units at an average value of $1,495,774 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with the bid higher than the last selling price and 4 with lower offers.
At the close of the market, Access Financial closed at $50, with 15,366 shares, AMG Packaging ended with a loss of 3 cents at $2.03, with 600,000 stock units, Blue Power concluded trading with a loss of 4.99 cents at $35, with 2,000 units, Caribbean Cream ended trading with a loss of 30 cents at $6, with 26,844 shares, Caribbean Flavours traded with a loss of 70 cents at $10, with 18,827 stock units. Consolidated Bakeries closed at $1.90, with 11,700 shares, Derrimon Trading concluded trading at $7, with 53,928 shares, Elite Diagnostic settled with a loss of 17 cents at $2.73, with 317,840 units, Express Catering traded 6 cents higher at $4.34, with 13,842 shares. FosRich Group finished trading 10 cents higher at $2.61, with 72,592 shares, General Accident closed at $2.90, with 423,294 stock units, GWest Corporation ended at $3, with 147,526 units, Honey Bun concluded trading with a loss of 1.14 cents at $4, with 605,300 shares. Iron Rock finished at $3, with 3,600 shares, ISP Finance settled $1 higher at $12.05, with 7,773 shares, 
Jamaican Teas ended trading 29 cents higher at $4.99, with 15,600 stock units, Jetcon Corporation traded at $4.60, with 176 units. Knutsford Express ended at $15, with 4,651 shares, Lasco Distributors concluded trading with a loss of 30 cents at $4, with 432,046 stock units, Lasco Financial finished 22 cents higher at $4.72, with 339,866 units, Lasco Manufacturing settled with a loss of 49 cents at $3.75, with 199,371 shares. Main Event ended trading with a loss of 10 cents at $5.90, with 3,995 shares, Medical Disposables traded with a loss of 4 cents at $4.85, with 59,680 shares, Paramount Trading finished trading 5 cents higher at $3.35, with 32,500 stock units, Stationery and Office closed 24 cents higher at $5.30, with 147,287 units and tTech concluded trading with a loss of 1 cent at $5, with 18,507 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Elite dominates Junior market trading – Wednesday
Elite Diagnostics accounted for 31.7M of Wednesday’s Junior Market trading.
Elite Diagnostic traded 31.7 million shares on the Junior Market of the Jamaica Stock Exchange on Wednesday with 26 securities changing hands, resulting in an exchange of 33,681,650 units valued at $100,532,367.
The number of securities trading on Wednesday was slightly down from 27 that were changing hands on Tuesday and resulted in 6,804,974 units valued at $25,440,524 changing hands on Tuesday. The Junior Market index advanced 28.52 points to close at 2,924.93 as the prices of 8 securities advanced, 8 declined and 10 remained unchanged.
Trading ended with an average of 1,295,448 units for an average of $3,866,630 compared to an average of 252,036 units for an average of $942,242 on Tuesday. An average of 338,697 units at an average value of $1,495,774 traded, and previously 272,715 units at an average value of $1,495,774. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with the bid higher than the last selling price and 4 with lower offers.
At the close of the market, Access Financial closed at $50, with 1,800 shares, AMG Packaging ended with a loss of 14 cents at $2.06, with 221,913 stock units, 
Blue Power jumped $5.12 to close trading at $39.99, with 500 units, Caribbean Cream settled 13 cents higher at $6.30, with 44,700 shares, Caribbean Flavours ended trading with a loss of 20 cents at $10.70, with 3,798 shares. Caribbean Producers traded with a loss of 35 cents at $4.05, with 30,000 stock units, Cargo Handlers closed $10.45 higher at $10.45, with 395 shares, Derrimon Trading ended with a loss of 50 cents at $7, with 127,016 shares, Elite Diagnostic finished 20 cents higher at $2.90, with 31,748,062 stock units, Eppley ordinary share settled at $10, with 50,196 units. Express Catering ended trading with a loss of 5 cents at $4.28, with 280,992 shares, General Accident finished trading at $2.90, with 70,400 shares, GWest Corporation closed at $3, with 159,035 stock units, Honey Bun ended $1.04 higher at $5.14, with 200 units trading. 
Jetcon Corporation ended trading at $4.60, with 161,700 stock units, Knutsford Express closed at $15, with 3,293 shares, Lasco Distributors ended at $4.30, with 41,039 shares, Lasco Financial concluded trading with a loss of 30 cents at $4.50, with 565,272 stock units. Lasco Manufacturing finished with a loss of 6 cents at $4.24, after 59,400 units trading, Main Event settled 15 cents higher at $6, with 49,590 shares, Medical Disposables ended trading 4 cents higher at $4.89, with 3,000 shares, Paramount Trading closed 20 cents higher at $3.30, with 300 shares. Stationery and Office finished trading at $5.06, with 35,154 stock units and tTech ended 55 cents higher at $6, with 13,695 shares. In the junior market preference segment, Derrimon Trading ended at $2.15, with 10,000 stock units and Eppley 9.5% finished at $7.29, with 200 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market trading picks up – Tuesday
Trading in GWest shares accounted for more than 3.7m units.
The market closed with an exchange of 6,804,974 units valued at $25,440,524 compared to 1,526,211 units valued at $4,615,508 on Monday. The Junior Market index lost 19.93 points to 2,896.41 as the prices of 10 securities advanced, 11 declined and 6 remained unchanged.
Trading ended with an average of 252,036 units for an average of $942,242 compared to an average of 66,357 units for an average of $200,674 on Monday. An average of 272,715 units at an average value of $1,495,774 traded, and previously 274,310 units at an average value of $1,538,475. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with the bid higher than the last selling price and 3 with lower offers.
At the close of the market, Access Financial jumped by $5 higher to $50, with 71,095 shares changing hands, AMG Packaging ended with a loss of 24 cents at $2.20, with 115,129 stock units, Cargo Handlers settled with a loss of 1 cent at $10.89, with 1,000 shares, Caribbean Cream ended trading with a loss of 3 cents at $6.17, with 4,000 shares, Caribbean Flavours traded at $10.90, with 2,650 stock units. Caribbean Producers finished trading 40 cents higher at $4.40, with 100 units, Derrimon Trading concluded market activity with a rise of 50 cents to $7.50, with 13,559 shares, Elite Diagnostic settled 3 cents higher at $2.70, with 1,297,976 units, Eppley concluded trading at $10, with 80,000 units, Express Catering ended trading 3 cents higher at $4.33, with 8,000 shares. FosRich Group traded with a loss of 19 cents at $2.51, with 62,000 shares, General Accident finished trading 10 cents higher at $2.90, with 438,271 shares, GWest Corporation rose 40 cents and closed at $3, with 3,703,621 stock units, Honey Bun ended with a loss of 1.05 cents at $4.10, with 355,724 units.
Iron Rock concluded trading at $3, with 3,300 shares, Jamaican Teas settled with a loss of 5 cents at $4.70, with 100,150 shares, Jetcon Corporation ended trading at $4.60, with 65,965 stock units, KLE Group finished trading at $2.30, with 4,325 shares. Knutsford Express closed at $15, with 32,400 shares, Lasco Distributors ended with a loss of 10 cents at $4.30, with 184,234 shares, Lasco Financial concluded trading with a loss of 5 cents at $4.80, with 176,447 stock units, Lasco Manufacturing finished with a loss of 13 cents at $4.30, with 43,940 units. Main Event settled with a loss of 18 cents at $5.85, with 4,668 shares, Medical Disposables ended trading at $4.85, with 3,000 shares, Stationery and Office finished trading 4 cents higher at $5.06, with 25,555 stock units and tTech ended 45 cents higher at $5.45, with an exchange of 7,465 shares. In the junior market preference segment, Eppley settled 4 cents higher at $7.29, with 400 shares changing hands.Prices of securities trading for the day are those at which the last trade took place.
