Trading continued on a down ward path each day of the week and hit rock bottom on Wednesday as a mere 192,720 units traded on the Junior Market on Tuesday down from 401,316 units on Tuesday. Traded value declined to $1,219,105 from $2,286,974.
At the close 14 securities traded, down from 16 on Tuesday with the market index posting a loss of 9.36 points to end at 2,961.05 with no stock gaining and 6 declining.
Trading closed 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 just 13,766 units for an average value of $87,079 compared to 25,082 units for an average value of $142,936 on Tuesday. The average volume and value for the month to date amounts to 52,787 units valued at $291,780 compared 55,788 units valued at $307,527 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, CAC 2000 lost 3 cent to end at $6.70 with 20,000 shares trading, Consolidated Bakeries ended with 6,300 units changing hands, to close at $2.62. Derrimon Trading ended at $8 with 2,909 shares changing hands, Dolphin Cove ended at $17.50 with 2,805 shares changing hands, General Accident closed trading with 2,960 shares to end at $2.70, Honey Bun closed trading with 8,000 shares at $5.70, Jamaican Teas ended trading 28,604 shares at $4.20, Jetcon Corporation traded 13,500 shares to end at $4.54, Knutsford Express traded 23,400 shares to end at $14, after falling 50 cents, Lasco Distributors closed 11 cents lower at $6.26 after trading 598 units, Lasco Financial ended with 1,500 shares changing hands to end at $3.40, Lasco Manufacturing fell 17 cents and ended with 37526 shares trading at $4.60, Main Event ended with 46,415 shares trading to end at $5.50, Sweet River fell 1 cent and ended with 863 units changing hands at $3.50 and strong> tTech traded 300 units to close at $10.
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.