Junior Market jumps

Main Event hits new high on Thursday.

The Junior Market activity remained at elevated levels on Thursday with both volume and values being just below Wednesday’s levels. Market index jumped 59.04 points, to end at 3,075.25.
Trading resulted in 4,322,025 units valued at over $20,003,894 passing through the market, compared to 5,247,482 units valued at $20,969,571 that were traded on Wednesday. At the close, with 23 securities changing hands, with 13 advancing and 4 declining compared to 20 on Wednesday.
The Junior Market ended trading with an average of 187,914 units for an average value of $869,735 traded, compared to 262,374 units for an average value of $1,048,479 on the previous trading day. The average volume and value for the month to date are 214,583 units and $1,380,218. The average volume and value for the month to the previous trading day ended at 216,806 units and $1,422,759. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 3 stocks having bids higher than their last sale prices and 3 ending with lower offers, than their last traded price.
At the close of the market on Thursday, Access Financial Services climbed $2 to $37 in trading 120 units, AMG Packaging rose 10 cents to close at $5.10 with 29,000 units changing hands, Blue Power closed with 868 units changing hands at $35, Cargo Handlers traded 380 shares at $20.10, Caribbean Cream gained 10 cents in trading 4,000 units to end at $7.90, Caribbean Producers lost 1 cent and ended at $3.74 with 1,400 shares trading, Consolidated Corporation traded 20,300 shares to end at $2.80 after falling 6 cents, C2W Music gained 7 cents in closing trading with 36,145 units at 37 cents, Dolphin Cove ended at $20.06 with 8,388 shares trading, General Accident gained 10 cents and closed trading with 1,412,648 shares at $3.40, Honey Bun had 6,098 shares changing hands, to close at $7.50, Jamaican Teas gained 75 cents in trading 52,407 shares to close at $4.50, after the stock was split 2 for 1 last week, Jetcon Corporation rose 10 cents to end at $12.10 with 210,457 shares traded, Key Insurance traded 195,450 units to close with a gain of 5 cents at $3.05, KLE Group ended at $2.80 with 101,871 shares changing hands after rising by 30 cents, Knutsford Express closed trading with 3,110 shares at $41, Lasco Distributors ended with 404,843 units trading at $6.80, Lasco Financial rose 5 cents and ended with 40,530 shares changing hands at $4.25, Lasco Manufacturing gained 5 cents to close with 636,494 units changing hands at $5, Main Event rose 60 cents trading 215,516 shares to close at a 52 weeks’ high of $6.20 after trading as high as $6.50,Medical Disposablesrose 70 cents and closed trading with 119,000 shares at $6.70, Paramount Trading lost 5 cents and closed at $3.45 with 20,000 units trading and Sweet River lost 1 cent, trading 803,000 shares to end at a 52 weeks’ low of $3.49.

Is the JSE blocking trades legally?

The Junior Market activity picked up sharply on Wednesday with both volume and values climbing strongly over Tuesday’s levels while the market index gained another day when trades Eppley ordinary share at $12 with a potential gain $7.10 and Jamaican Teas at $6.20 for a gain 65 percent were canceled at the close, having exceeded the daily price limits placed on trading by the Jamaica Stock Exchange.
The failure of trades in the two stocks between Tuesday and Wednesday being recorded as official trades is said by the JSE to be determined by a little know rule that the JSE instituted outside the circuit breaker. The circuit breaker rule was put in place in the 1990 in attempt to appease critics of the exchange who were concerned about big swings in stock prices back then. The initial price limit was set at 15 percent above or below the closing price in a day, but the stock could trade higher if the bids or offers exceeded the closing price by more than 15%. In 2014 the Exchange rewrote the rules allowing price movement up to 30 percent in a day from the previous day’s closing price, no limitation were placed on the level that the closing bids and offers could be. The stock exchange now states that a rule exist that limits the level of bids and offers that can be posted above the last closing price to 15 percent. That limitation was not in the original circuit breaker rule and not in the current one. It appears to this publication that the 2014 rules, having been completely rewritten, overrides all prior ones and therefore the exchange has been acting in breach of the rule by limiting bids and offers and canceling trades as a result.
On Wednesday, the Junior Market index rose 17.73 points, to end at 3,016.21 with 5,257,482 units valued at over $20,969,571 passing through the market, compared to 541,499 units valued at $4,457,020 that were traded on Tuesday. At the close, with 20 securities changing hands, with 9 advancing and 5 declining compared to 20 on Tuesday.
The Junior Market ended trading with an average of 262,374 units for an average value of $1,048,479 traded, compared to 27,075 units for an average value of $222,851 on the previous trading day. The average volume and value for the month to date are 216,806 units and $1,422,759. The average volume and value for the month to the previous trading day ended at 212,663 units and $1,456,784. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 2 stocks having bids higher than their last sale prices and 2 ending with lower offers, than their last traded price.
At the close of the market on Wednesday, AMG Packaging lost 49 cents to close at $5 with 56,490 units changing hands, following six months results that continued to be lower than the prior year’s figures with $26.4 million reported after tax compared with $52.2 million for the similar period in 2016. Cargo Handlers lost 40 cents in trading just 1,995 shares at $20.10, Caribbean Cream traded 8,955 units to end at $7.80, Derrimon Trading ended at $8.50 with 2,000 shares trading, General Accident gained 15 cents and closed trading with 445,164 shares to end at $3.30, Honey Bun had 8,830 shares changing hands to close with a rise of 25 cents to end at $7.50, Iron Rock Insurance traded 78,275 shares to end at $3, ISP Finance rose 70 cents to end at a 52 weeks’ closing high of $16.10 with 19,094 units. Jetcon Corporation rose 10 cents to end at $12 with 87,622 shares traded, Key Insurance traded 954,445 units to close at $3, KLE Group ended at $2.50 with 80,000 shares changing hands after falling by 20 cents, Knutsford Express closed trading with 8,848 shares at $41, Lasco Distributors ended with 88,575 units trading at $6.80, Lasco Financial lost 5 cents and ended with 8,787 shares changing hands at $4, Lasco Manufacturing gained 15 cents to close with 1,076,495 units changing hands at $4.95, Main Event rose 25 cents trading 17,917 shares at $5.60, Medical Disposables closed trading with 1,367 shares to end at $6, Paramount Trading lost 5 cents and closed at $3.50 with 2,303,823 units trading, tTech rose 30 cents, trading 1,800 shares to end at $7.50 and Eppley 8.25% preference share closed trading with 12,000 units at a 52 weeks high of $6.10.

Drop in Junior Market volume – Tuesday

The Junior Market started another shortened week with a 31.66 points drop, to end at 2,998.48 and a sharp fall in trading levels, compared with Thursday’s levels.
The market closed with 541,499 units valued at $4,457,020 passing through the market, compared to 2,378,976 units valued at 9,310,238 that were traded on Thursday. At the close, with 20 securities changing hands, compared to 23 on Thursday with 7 advancing and 8 declining.
The Junior Market ended trading with an average of 27,075 units for an average value of $222,851 traded, compared to 103,434 units for an average value of $404,793 on the previous trading day. The average volume and value for the month to date are 212,663 units and $1,456,784. The average volume and value for the month to the previous trading day ended at 256,913 units and $1,755,753. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 4 stocks having bids higher than their last sale prices and only 1 ending with a lower offer, than the last traded price.
At the close of the market on Tuesday, AMG Packaging closed at $5.49 with 102,675 units changing hands, Blue Power traded 800 units to close at $35, CAC 2000 lost 18 cents and closed at $7.17 with 10,000 shares trading , Cargo Handlers lost 50 cents in trading just 100 shares at $20.50, Caribbean Cream gained 50 cents in trading 35,450 units to end at $7.80, Caribbean Producers closed trading with 1,000 units at $3.75, Consolidated Bakeries rose 20 cents with 18,437 shares changing hands, to close at $2.86, C2W Music closed trading with 10,200 shares while shedding 3 cents to end at 30 cents, Dolphin Cove ended at $20.06 with 544 shares trading, Honey Bun had 31,900 shares changing hands to close at $7.25, ISP Finance fell 10 cents to end at $15.40 with 13,045 units. Jetcon Corporation rose 10 cents to end at $11.90 with 10,710 shares traded, Knutsford Express rose 5 cents in trading 34,659 shares to close at $41, after the company reported the decision of the directors to recommend a 5 for 1 stock split as well as increased profits for the nine months to February. Lasco Distributors added 10 cents and ended with 73,693 units trading at $6.80, Lasco Financial lost 25 cents and ended with 28,500 shares changing hands at $4.05, Lasco Manufacturing fell 20 cents to close with 108,785 units changing hands at $4.80, Main Event lost 38 cents trading 36,141 shares at $5.35, Medical Disposables closed trading with 19,560 shares and rose 15 cents to end at $6, Paramount Trading closed at $3.55 with 1,000 units trading and tTech rose 5 cents, trading 4,300 shares to end at $7.20.

Juniors make up lost ground on Thursday

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Paramount Trading closed trading on Thursday slightly down after the company posted lower 9 months profits but closed the day a sJunior Market leader.

The Junior Market close out the week with an equal number of stocks rising and falling but the market index rose 44 points and recovered most of the fall of 48.09 points on Wednesday, to end at 3,030.14.
The market closed with 2,378,976 units valued at 9,310,238 passing through the market, compared to 2,733,389 units valued at $13,356,399 that were traded on Wednesday. At the close, with 23 securities changing hands, compared to 18 on Wednesday with 8 advancing and 8 declining.
The junior market ended trading with an average of 103,434 units for an average value of $404,793 traded, compared to 151,855 units for an average value of $742,022 on the previous trading day. The average volume and value for the month to date is 256,913 units and $1,755,753. The average volume and value for the month to the previous trading day ended at 276,098 units and $1,924,623. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 4 stocks having bids higher than their last sale prices and 5 ending with lower offers, than the last traded price.
At the close of the market on Thursday, Access Financial Services rose 75 cents to $35 in trading traded 5,000 units AMG Packaging closed at $5.49 with 21,715 units changing hands, CAC 2000 lost 10 cents and closed at $7.35 with 3,500 shares trading Caribbean Cream traded 21,900 units to end at $7.30, Caribbean Flavours loss 50 cents in trading 11,640 units to end at $12.50 Caribbean Producers gained 5 cents and closed trading with 56,930 units at $3.75, Consolidated Bakeries dropped 34 cents with 756,918 shares changing hands, to close at $2.66, C2W Music closed trading with 15,000 shares at 33 cents, Derrimon Trading had 97,206 units changing hands to close with a loss of 20 cents at $8.50. Dolphin Cove ended at $20.06 with 2,473 shares trading, Honey Bun had 8,500 shares changing hands to close with a rise of 5 cents to end at $7.25, ISP Finance fell 15 cents to end at $15.50 with 10,000 units. Jamaican Teas price was adjusted to reflect the 2 for 1 split approved at the Annual General Meeting on Thursday, but no trading took place as bids were well ahead of the closing prices on Thursday. Jetcon Corporation rose 30 cents to end at $11.80 with 4,237 shares traded, KLE Group ended at $2.70 with 64,129 shares changing hands, Knutsford Express traded 261 shares to close at $40.95 after gaining 75 cents, Lasco Distributors added 45 cents and ended with 45,430 units trading at $6.70, Lasco Financial gained 30 cents and ended with 85,273 shares changing hands at $4, Lasco Manufacturing fell 38 cents to close with 60,000 units changing hands at $5, Main Event fell 7 cents trading 48,149 shares at $5.73, Medical Disposables closed trading with 8,039 shares and lost 15 cents to end at $5.85 and Paramount Trading lost 4 cents and closed at $3.55 with 1,012,987 units trading, this after the company reported lower profit for the third consecutive quarter than in the previous year and tTech traded 12,489 shares to end at $7.15.

Eppley leaps $7.10 but – Wednesday

Stock market reports showed Eppley ordinary share leaping $7.10 to a record high of $12. The stock could not officially trade there as it exceeded the 30 percent limit in a day.
The highest price the stock could trade is $11.44, based on the closing bid of $8.80 on Tuesday. At the close the trade of 2,000 shares was cancelled but the Jamaica Stock Exchange closing report shows the stock trading at $12.
If the trade had taken place it would be the first time the stock is trading after its 150 to 1 stock split last year.
The Junior Market index lost 48.09 points, to end at 2,986.14 as falls in heavily weighted Lasco Distributors and Lasco Manufacturing fell sharply, contributing to most of the loss. The market closed with 2,733,389 units valued at $13,356,398.76 passing through the market, compared to 1,567,458 units valued at $8,519,094 that were traded on Tuesday. At the close, with 18 securities changing hands, the same number as on Tuesday with 6 advancing and 8 declining.
The junior market ended trading with an average of 151,855 units for an average value of $742,022 traded, compared to 87,081 units for an average value of $473,283 on the previous trading day. The average volume and value for the month to date is 276,098 units and $1,924,623. The average volume and value for the month to the previous trading day ended at 293,848 units and $2,093,565. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 6 stocks having bids higher than their last sale prices and 2 ending with lower offers, than the last traded price.
At the close of the market on Wednesday, AMG Packaging fell 6 cents to close at $5.49 with 35,849 units changing hands, Caribbean Cream traded 24,880 units to end at $7.30, Caribbean Producers fell 5 cents and closed trading with 26,720 units at $3.70, Consolidated Bakeries gained 5 cents with 205,000 shares changing hands, to close at $3, Derrimon Trading had 9,600 units changing hands to close at $8.70. Dolphin Cove ended at $20.06 with 4,985 shares trading after rising 6 cents, General Accident gained 10 cents and closed trading with 300,000 shares at $3.15, Honey Bun had 69,115 shares changing hands to close with a loss of 30 cent to end at $7.20, ISP Finance traded at a new high of $17 and rising 15 cents for the day, to end at a record closing high of $15.65. .Jamaican Teas fell 25 cents in trading 230,153 shares to close at $7.50, the stock trade ex-split on Thursday, to accommodate the 2 for 1 split approved at the Annual General Meeting on Wednesday. Jetcon Corporation dropped 40 cents to end at $11.50 with 13,403 shares traded, Lasco Distributors fell 55 cents and ended with 30,600 units trading, to close at $6.25, Lasco Financial ended with 6,000 shares changing hands at $4, Lasco Manufacturing fell 38 cents to close with 1,677,200 units changing hands at $4.60, Main Event rose 7 cents trading 42,410 shares at $5.80, Medical Disposables closed trading with 215 shares and rose 50 cents to end at $6 and Paramount Trading closed at $3.59 with 42,600 units trading and tTech traded 10,000 shares but fell 35 cents to end at $7.15.

Trading pulls back for juniors- Tuesday

Lasco Manufacturing dominated trading on Tuesday.

The junior market volume and value of stocks trading dropped on Tuesday from Monday’s level, with no major volume trade taking place as was the case on Monday. The market index lost 13.17 points, to end at 3,034.23.
The market closed with 1,567,458 units valued at $8,519,094 passing through the market, compared to 9,177,959 units valued at $63,684,987 that were traded on Monday. At the close, with 18 securities changing hands, down from 21 on Monday with 7 advancing and 8 declining.
The junior market ended trading with an average of 87,081 units for an average value of $473,283 traded, compared to 437,046 units for an average value of $3,032,618 on the previous trading day. The average volume and value for the month to date is 293,848 units and $2,093,565. The average volume and value for the month to the previous trading day ended at 328,309 units and $2,363,612. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 5 stocks having bids higher than their last sale prices and 2 ending with lower offers, than the last traded price.
At the close of the market on Tuesday, AMG Packaging fell 25 cents to close at $5.55 with 57,799 units changing hands, Caribbean Cream traded 44,325 units to end at $7.30, Caribbean Flavours lost 80 cents with 622 shares changing hands, to close at $13, Caribbean Producers closed trading with 8,181 units at $3.75, Consolidated Bakeries gained 5 cents with 7,800 shares changing hands, to close at $2.95, C2W Music had 15,000 units changing hands to close at 33 cents after rising by 8 cents. Dolphin Cove ended at $20 with 20,645 shares trading, Honey Bun had 17,600 shares changing hands to close with a gain of 1 cent at $7.50, Jamaican Teas gained 35 cents in trading 422 shares to close at $7.75, the stock is expected to trade ex-split starting this Thursday, to accommodate the 2 for 1 split that is expected to be approved at the Annual General Meeting on Wednesday. Jetcon Corporation rose 40 cents to end at $11.90 with 35,262 shares traded, KLE Group traded 3,000 shares and fell 30 cents in closing at $2.70, Knutsford Express traded just 1,266 shares but fell 80 cents to close at $40.20, Lasco Distributors fell 5 cents and ended with 23,461 units trading to close at $6.80, Lasco Financial added 20 cents and ended with a mere 242 shares changing hands at $4, Lasco Manufacturing fell 1 cent and closed with 1,264,833 units changing hands at $4.98, Main Event rose 50 cents trading 10,000 shares at $5.73, Medical Disposables closed trading with 55,000 shares and fell 50 cents to end at $5.50 and Paramount Trading closed with a loss of 1 cent to end a $3.59.

Another big Lasco trade – Monday

Lasco Distributors dominated trading on Monday with 9m shares.

The junior market volume and value of stocks trading climbed on Monday, from Friday’s level with Lasco Distributors trading nearly 9 million shares. Volumes elsewhere was moderate as the market index rose 8.46 points, to end at 3,047.40
The market closed with 9,177,959 units valued at $63,684,987 passing through the market, compared to 5,586,153 units valued at $33,901,745 that were traded on Friday. At the close, with 21 securities changing hands, up from 19 on Friday with 6 advancing and 7 declining.
The junior market ended trading with an average of 437,046 units for an average value of $3,032,618 traded, compared to 294,008 units for an average value of $1,784,302 on the previous trading day. The average volume and value for the month to date is 328,309 units and $2,363,612. The average volume and value for the month to the previous trading day ended at 306,561 units and $2,229,811. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 4 stocks having bids higher than their last sale prices and 1 ending with a lower offer, than the last traded price.
At the close of the market on Monday, AMG Packaging gained 30 cents to close at $5.80 with 800 units changing hands, Blue Power traded 1,000 units to close at $35, Cargo Handlers traded 2,630 shares to end at $21, Caribbean Cream traded 20,100 units to end at $7.30, Consolidated Bakeries lost 1 cent with 4,500 shares changing hands, to close at $2.91, Derrimon Trading had 24,868 units changing hands to close at $8.70, Dolphin Cove ended at $20 with 1,000 shares trading, General Accident fell 10 cents and closed trading with 3,000 shares at $3.05, Honey Bun had 14,265 shares changing hands to close with a gain of 19 cents at $7.49, Jamaican Teas traded 28,071 shares to close at $7.40, Jetcon Corporation lost 35 cents to end at $11.50 with 1,000 shares traded, KLE Group traded 17,182 shares and fell 50 cents in closing at $3, Knutsford Express traded just 2,537 shares and gained $1 in closing at $41, Lasco Distributors gained 5 cents and ended with 8,934,455 units trading to close at $6.85, Lasco Financial shed 5 cents and ended with 83,990 shares changing hands at $3.80, Lasco Manufacturing closed with 10,755 units changing hands at $4.99, Main Event rose 3 cents trading 200 shares at $5.23, Medical Disposables closed trading with 10,500 shares at $6, Paramount Trading closed with a loss of 10 cents to end a $3.60 with 600 units trading, tTech trade 1,500 shares and gained 50 cents to end at $7.50 and Derrimon Trading preference share fell 6 cents and ended with 15,000 units changing hands to close at $2.05.

Juniors rise moderately – Friday

Honey Bun traded 2.5M shares on the Junior Market on Friday.

The junior market volume and value of stocks trading fell sharply on Friday, from Thursday high but Honey Bun with 2.5 million units and Lasco Manufacturing with 2.6 million shares accounted for the bulk of trading.
At the close, the market index gained 17.40 points, to end at 3,038.94 with 19 securities changing hands, down from 21 on Thursday with 7 advancing and 5 declining. The market closed with 5,586,153 units valued at $33,901,745 passing through the market, compared to 16,784,123 units valued at $127,813,133 that were traded on Thursday.
The junior market ended trading with an average of 294,008 units for an average value of $1,784,302 traded, compared to 839,206 units for an average value of $6,390,657 on the previous trading day. The average volume and value for the month to date is 306,561 units and $2,229,811. The average volume and value for the month to the previous trading day ended at 309,700 units and $2,341,189. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 6 stocks having bids higher than their last sale prices and 2 ending with lower offers, than the last traded price.
At the close of the market on Friday, AMG Packaging lost 11 cents to close at $5.50 with 37,000 units changing hands, Blue Power traded 6,053 units to close at $35, CAC 2000 gained 18 cents and closed at $7.45 with 10,000 shares trading, Cargo Handlers traded 500 shares to end with a gain of 5 cents at $21, Caribbean Cream traded 58,505 units to end at $7.30, Caribbean Producers traded 130,026 units to end at $3.75, Consolidated Bakeries lost 9 cents with 12,398 shares changing hands, to close at $2.91, C2W Music had 6,000 units changing hands to close at 25 cents, Honey Bun had 2,511,007 shares changing hands to close at $7.30, I$P Finance traded 20,100 shares to end with a rise of $1.50 at an all-time high of $15.50, Jamaican Teas lost 10 cents with 24,456 shares being exchanged, to close at $7.40, Jetcon Corporation lost 4 cents to end at $11.85 with 4,332 shares traded, Key Insurance traded 120,000 shares and fell 1 cent in closing at $3, Lasco Distributors ended with just 9,656 units trading at $6.80, Lasco Financial gained 5 cents and ended with 12,427 shares changing hands at $3.85, Lasco Manufacturing closed with 2,600,300 units changing hands at $4.99 after rising 19 cents, Main Event lost 54 cents trading 10,693 shares at $5.20, Medical Disposables closed trading with 9,500 shares at $6 and Paramount Trading closed with a gain of 10 cents to end a $3.70 with 3,200 units trading.

Juniors fall moderately – Wednesday

The junior market index dropped 10.57 points on Wednesday, to end at 3,044.98 with 21 securities changing hands, down from 22 on Tuesday with 6 advancing and 10 declining.
Trading fell back on Wednesday from Tuesday’s levels, with a volume of 1,676,664 units valued at $10,468,019 passing through the market, compared to 2,082,552 units valued at $21,125,705 that were traded on Tuesday.
The junior market ended trading with an average of 79,841 units for an average value of $498,477 traded, compared to 94,661 units for an average value of $960,259 on the previous trading day. The average volume and value for the month to date is 133,197 units and $961,366. The average volume and value for the month to the previous trading day ended at 159,875 units and $1,237,810. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 5 stocks having bids higher than their last sale prices and just 1 ending with a lower offer, than the last traded price.
At the close of the market on Wednesday, AMG Packaging shed 62 cents to close at $5.48 with 153,832 units changing hands, Blue Power traded 6,503 units to close at $35, CAC 2000 gained 15 cents and closed at $8 with 16,745 shares trading, Cargo Handlers traded 347 shares to end at $20.10, Caribbean Cream traded 3,000 units to end with a rise of 4 cents at $7.30, Caribbean Producers fell 25 cents in trading 158,064 units to end at $3.75, Derrimon Trading fell by 10 cents and ended at a new high of $8.50 with 1,800 shares changing hands, Dolphin Cove ended at $20 with 114,585 shares trading. General Accident traded 900 shares and gained 10 cents to end at $3.15, Honey Bun had 5,491 shares changing hands and lost 20 cents to close at $7.30, I$P Finance traded 10,000 shares to end with a rise of 75 cents at an all-time high of $13.50, Jamaican Teas lost 25 cents in trading 1,095 shares to close at $7.50, Jetcon Corporation fell 20 cents to end at $11.90 with 10,977 shares being exchanged, KLE Group traded 2,413 units at $3.50, Lasco Distributors ended with 3,290 units trading at $6.89 after losing by 1 cent, Lasco Manufacturing closed with 1,111,790 units changing hands with a rise of 8 cents to end at $5.08, Main Event jumped 74 cents and closed at an all-time high of $5.74 with 10,113 shares changing hands, Medical Disposables traded 25,015 shares to close at $6.50, Paramount Trading shed 15 cents with 25,075 shares changing hands, to close at $3.60 and tTech traded 10,629 units to fall 49 cents and closed at $7.

Juniors rise moderately – Tuesday

The junior market index rose 13.19 points on Tuesday, to end at 3,055.55 with 22 securities changing hands, up from 19 on Monday with 12 advancing and 5 declining.
Trading fell back on Tuesday from Monday’s levels, with a volume of 2,082,552 units valued at $21,125,705 passing through the market, compared to 4,276,697 units valued at $28,791,862 that were traded on Monday.
The junior market ended trading with an average of 94,661 units for an average value of $960,259 traded, compared to 225,089 units for an average value of $1,515,361 on the previous trading day. The average volume and value for the month to date ended at 159,875 units and $1,237,810. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 5 stocks having bids higher than their last sale prices and 3 ending with lower offers, than the last traded price.
At the close of the market on Tuesday, AMG Packaging gained 10 cents to close at $6.10 with 113,640 units changing hands, CAC 2000 closed at $7.85 with 6,890 shares trading, Cargo Handlers traded 8,000 shares but fell 90 cents to end at $20.10, Caribbean Cream traded 5,276 units to end with a rise of 1 cent at $7.26, Caribbean Producers climbed 25 cents in trading 2,029 units to end at $4, C2W lost 5 cents to end at 25 cents with 40,000 shares changing hands, Derrimon Trading rose by 10 cents and ended at a new high of $8.60 with 15,423 shares changing hands, Dolphin Cove ended at $20 with 2,370 shares trading to gain $2. General Accident traded 2,500 shares and fell 10 cents to end at $3.05, Honey Bun had 39,797 shares changing hands and gained 20 cents to close at $7.50, Jamaican Teas traded 11,971 shares to close at $7.75, Jetcon Corporation rose 10 cents to end at $12.10 with 1,408,900 shares being exchanged, KLE Group traded 20,545 units and rose 20 cents to $3.50, Lasco Distributors ended with 22,400 units trading at $6.90 after losing by 10 cents, Lasco Financial rose 20 cents, with 115,225 shares changing hands, to end at $3.80, Lasco Manufacturing closed with 70,000 units changing hands at $5, Main Event slipped 10 cents and closed at $5 with 14,141 shares changing hands, Medical Disposables traded 29,766 shares to close at $6.50 after rising 50 cents, Paramount Trading gained 15 cents with 11,835 shares changing hands, to close at $3.75. tTech traded 22,487 units to gain 9 cents and closed at $7.49, Derrimon Trading preference share traded 117,687 units at $2.11 with a rise of 1 cents and Eppley 10% preference share traded a mere 1,670 units at $6.80.

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