Trading jumps for juniors stocks – Wednesday
October 12, 2016 by
Market activity resulted in advancing stocks being edged by declining stocks 4 to 5, pushing the junior market index down by 20.19 points to 2,394.34.
At the close, 13 securities traded as trading jumped 728 percent from Tuesday’s levels, ending with 9,170,473 units changing hands, than on Tuesday, while value traded, jumped 510 percent to $51,520,805 from $8,452,329, on Tuesday.
Market activities ended with 6 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
In other trading activity, AMG Packaging jumped $2.40 to end at $20 with 21,662 units changing hands, Blue Power closed with 1,240 units changing hands to close at $24.50 after falling $3.50, Caribbean Cream closed trading with 80,500 units at $10. Caribbean Flavours traded 894,508 units to end at $8.60 with a rise of 60 cents, Caribbean Producers gained 1 cents in trading 17,000 units to end at $3.51, Honey Bun traded 17,036 shares and fell 20 cents to $6, Jamaican Teas traded 3,296 units to end at $4. Jetcon Corporation lost 20 cents with 6,200 units changing hands, to end at $3.80, Lasco Distributors had 800,475 units trading and closed at $7, Lasco Financial fell 10 cents and ended with 69,370 shares changing hands at $3.10, Lasco Manufacturing closed at $4.99 with 7,025,629 shares trading. Medical Disposables traded 213,287 with a gain of 18 cents to end at a 52 weeks’ high of $5.05 and Paramount Trading dropped $1 to end with 20,270 shares changing hands at $25.