Trading on the Junior Market on Monday ended with Caribbean Producers dominating market activity with 99.51 percent of the total volume on the market amounting to 111.5 million units. Total volume going through the market ended at 112,078,312 units valued $371,345,580, compared to 789,261 units valued $5,071,496 on Friday.
Trading ended with 6 stocks rising and 8 falling as 20 securities traded versus 24 on Friday. At the close of the market, the market index dropped 39.21 points to 3,214.31.
At the close of trading, 3 stocks had bids higher than their last sale prices and 6 closed with lower offers.
The Junior Market ended trading with an average that jumped to 5,603,616 units for an average value of $18,567,279 compared to 32,886 units for an average value of $211,312 on the previous trading day. The average volume and value for the month to date rose to 820,200 units valued at $2,947,914 compared with 136,855 units valued at $716,576, previously. In contrast, May closed with averages of 89,339 units at $596,722.
At the close of the market, Cargo Handlers lost 30 cents and closed at $16 with just 200 shares trading, Caribbean Creamrose 5 cents in trading 3,551 units to end at $7.55, Caribbean Producers traded 111,527,530 units and fell 8 cents to end at $3.29, C2W Music had 87,374 units changing hands to close at 45 cents, Dolphin Cove gained 10 cents and ended at $18 with 18,021 shares changing hands, Eppley fell $1.99 with 1,000 units changing hands, to close of $10.01. Honey Bun had 40,069 shares changing hands to close at $7, after adding 14 cents, ISP Finance traded only 1,360 shares to end at $24, Jamaican Teas fell 4 cents in trading 25,550 shares at $4.26, Jetcon Corporation ended at $14.51 with 21,069 shares trading, after falling 29 cents, KLE Group rose 15 cents and ended at $2.10 with 23,556 shares changing hands, Knutsford Express lost 5 cents in trading 126,936 shares and closing at $16.45, Lasco Distributors fell 40 cents and ended trading 12,000 units at $7, Lasco Financial had 3,500 shares changing hands to end at $4. Lasco Manufacturing shed 1 cent to end at $4.99 in trading 53,000 shares. Main Event added 1 cent to end trading with 102,898 shares at $6.50.Medical Disposables ended at $5.80 after falling 20 cents with 15,675 units crossing the exchange, Paramount Trading rose 4 cents and ended with 9,500 shares changing hands at $3.04, Sweet River ended with 256 units changing hands at $3.86, tTech ended with a mere 267 units trading with a rise of 15 cents at $7.90 and Eppley 10% preference share, ended with 6,000 units changing hands at $6.60.
Big fall for Junior Market
The Junior Market lost 1.72 percent of its value at the close on Tuesday with slightly reduced volume going through the market compared to Monday. At the close, 5 stocks advanced and 10 declined with 22 securities traded, compared to 19 on Monday and market index plunged 56.90 points to 3,260.38.
A total of 982,035 units valued $8,762,028 traded, compared to 997,351 units valued $7,021,540 on Monday. At the close of trading, 7 stocks having bids higher than their last sale prices and 1 closed with a lower offer.
The Junior Market ended trading with an average of 44,638 units for an average value of $398,274 compared to 89,906 units for an average value of $369,555, on the previous trading day. The average volume and value for the month to date are 174,272 units valued at $890,827 compared with 217,483 units valued at $1,055,012, previously, In contrast May closed with averages of 89,339 units and $596,722.
At the close of the market, Access Financial Services dropped $5 to close at $45 in trading traded 34,865 units, AMG Packaging gained 25 cents to close at $4.80 with 26,015 units changing hands, Cargo Handlers closed at $17.90 with 152 shares trading, Caribbean Cream traded 96,637 units to end at $7.52 after gaining 2 cents, Caribbean Producers traded 12,508 units at $3.50, Consolidated Bakeries lost 30 cents and ended at $2.60 with 198,337 shares changing hands, Derrimon Trading fell 10 cents and ended at $9.40 with 12,059 shares being exchanged, Eppley had 12,932 units changing hands to close of $12. General Accident closed trading with 20,013 shares to end at $2.90, Honey Bun climbed by 75 cents with 120,000 shares changing hands to close at $6.85, Jamaican Teas lost 25 cents and closed trading with 4,000 shares, at $4.25. Jetcon Corporation ended at $14.88 with 83,340 shares trading, Knutsford Express traded 73,500 shares and dropped 89 cents, in closing at $16,Lasco Distributors added 5 cents and ended trading 64,300 units at $7.25, Lasco Financial fell 5 cents, with 32,500 shares changing hands to end at $4. Lasco Manufacturing fell 4 cents to $4.80 in trading 84,500 shares. Main Event rose 30 cents and ended trading 29,629 shares at $7.20, Medical Disposables ended at $6 with 4,825 units crossing the exchange, Paramount Trading fell 4 cents and ended with 12,200 shares changing hands at $3 and tTech had 5,000 units changing hands at $7.60 after losing 40 cents.
Volume up for Junior stocks
The Junior Market closed out the week with more stocks trading on Friday than on Thursday, with less value as the majority of stocks with price movements rose, as one traded at a new high with Lasco Manufacturing accounting for 72 percent of the volume.
The market closed with 7 stocks advancing and 4 declined as a total of 20 securities traded compared to 19 on Thursday. The market index declined 11.38 points to close at 3,332.65 as 5,891,343 units valued $15,986,987 traded compared to 5,091,552 units valued $37,926,494 changing hands on Thursday.
At the close of trading, 9 stocks having bids higher than their last sale prices and none closed with lower offers.
The Junior Market ended trading with an average of 294,567 units for an average value of $799,349 compared to 267,976 units for an average value of $1,996,131, on the previous trading day. The average volume and value for the month to date are 281,272 units valued at $1,397,740 which are well ahead of May, with averages of 89,339 units and $596,722.
At the close of the market,Blue Powerclimbing $1.50 to close at $55 with 1,978 units changing hands, Cargo Handlers closed at $18 with 210 shares trading,Caribbean Producers lost 10 cents with 687,639 units changing hands at $3.50, Dolphin Cove ended at $20 with 200,855 shares being swapped, Eppley had 8,036 units changing hands to close of $12. General Accident closed trading with 52,468 shares to end at $2.90, Honey Bun dropped by $1.39 with just 240 shares changing hands and closed at $5.54, ISP Finance closed at $28 with 3,300 units, Jamaican Teas climbed 83 cents and closed trading with 82,800 shares, at $4.50. Jetcon Corporation ended at $14 with 39,560 shares trading, KLE Group closed with 1,212 shares trading at $2.02 with a rise of 22 cents. Knutsford Express traded 29,600 shares and gained $1, in closing at a record high of $16, Lasco Distributors rose 50 cents and ended with 164,142 units trading at $7.50, Lasco Financial fell 7 cents, with 25,962 shares changing hands to end at $4.30, Lasco Manufacturing closed at $5.08 in trading 4,217,560 after trading 2,114,373 shares on Thursday. Main Event added 50 cents and ended trading15,903 shares at $7, Medical Disposables ended at $6 with 111,236 units crossing over the exchange, Paramount Trading fell 9 cents and ended with 14,012 shares changed hands at $3.01, tTech had 100,000 units changing hands at $7.51 after gaining 1 cent and Eppley 10% preference share, ended with 134,630 units changing hands at $6.60.