Kimala Bennett, Managing Director of The Lab.
Advertising agents, Limners and Bards, the most recent listing on the Junior Market, more than doubled the $1 IPO price since listing on Friday, after rising 80 cents on Monday to close at $2.10.
The stock is one a day when 34 securities changed hands, down from 30 on Friday, as prices of 11 securities advanced, 12 declined and 11 remained unchanged.
At the close, the Junior Market Index climbed 41.05 points to close at 3,384.41 and is now up 4 percent for the year.
Market activities, resulted in an exchange of 6,233,349 units valued at $30,586,927, compared to 4,017,691 units amounting to $20,933,388 on Friday.
By the close of trading, Blue Power ended at a 52 weeks’ closing high of $14.40 and Stationery and Office Supplies ended at a 52 weeks’ high of $12.20 but Jamaican Teas that traded at a 52 weeks’ high of $5.99 failed to hold this price at the close.
Trading ended with an average of 183,334 units for an average of $899,616 in contrast to 133,923 units for an average of $697,780 on Friday. The average volume and value for the month to date amounts to 100,126 units with a value of $397,886 for each security traded, compared to 95,347 units with a value of $356,070 traded previously.
June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks closing with bids higher than their last selling prices and one closed with a lower offer.
Stocks ending with price changes|AMG Packaging exchanged 47,666 shares to close at $2.10 after falling 14 cents, Blue Power ended trading with 61,676 shares, after rising 90 cents to close at a 52 weeks’ high of $14.40, Blue Power closed 90 cents higher at $14.40, with 61,676 stock units trading. CAC2000 declined 15 cents in trading of 41,845 units to close at $14.95, Caribbean Cream close with a loss of 7 cents at $4.93, ion the swapping of 31,728 shares, Caribbean Flavours gained $2.07 to end at $16.07 with 1,512 stock units changing hands, Caribbean Producers ended with a loss of 1 cent at $4.79 trading 19,752 stock units. Consolidated Bakeries closed trading of 148,767 units and gained 10 cents to end at $2, Derrimon Trading closed 5 cents higher at $2.70, with 34,264 stock units trading. Express Catering climbed 5 cents, exchanging 122,992 shares at $6.30, Elite Diagnostic ended trading with 66,571 shares, after rising 8 cents to close at $5.40, Fontana lost 10 cents in trading of 845,254 units to close at $8.40, Gwest Corporation ended with a loss of 1 cent at 1.54 with 203,184 stock units changing hands.
Honey Bun lost 75 cents in trading of 31,241 units to end at $5.30, Indies Pharma closed 4 cents higher at $3.06, with 35,000 stock units trading, Jamaican Teas dipped 25 cents in trading of 2,059,280 units to end at $4.75, after trading at a 52 weeks’ high of $5.99 earlier. Jetcon Corporation closed 5 cents higher at $1.95, with 58,152 stock units trading, Limners and Bards traded 69,589 units and gained 85 cents to end at a record of $2.15 after trading at an intraday high of $2.40, Lasco Financial ended with a loss of 1 cent at $4.59 with 1,564,185 stock units changing hands. Lasco Manufacturing close with a loss of 5 cents at $4.20, in swapping 100,663 shares, Main Event lost 64 cents in trading of 12,141 units at $7.35. Paramount Trading closed 30 cents higher at $2.30, with 500 stock units trading, Stationery and Office Supplies gained $1.20 to end at a record close of $12.20, trading 2,268 shares and tTech declined 30 cents in trading of 5,000 units at $5.20.
Prices of securities trading for the day are those at which the last trade took place.
