Trading jumps on Junior Market – Wednesday

The Jamaica Stock Exchange Junior Market ended with heavy trading on Wednesday with six securities exchanging more than one million shares each leading to trading in 32,683,130 units valued at $145,214,995 compared to 1,069,455 units valued at $6,472,676 on Tuesday.
At the close, just 21 securities changed hands compared to 30 securities on Tuesday. Market activities resulted in the price of 9 securities rising, 11 declining and 1 remaining unchanged with the market index declining just 4.61 points to close at 3,339.79.
Trading ended with an average of 1,556,340 units for an average of $6,915,000 in contrast to 34,499 units for an average of $208,796 on Tuesday. The average volume and value for the month to date amounts to 142,388 units valued at $670,885 and previously 92,061 units valued at $433,479 for each security trading. In contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Access Financial lost 21 cents in trading 10,807 shares to close at $34, AMG Packaging ended with a loss of 1 cent at $1.90 with 101,818 stock units changing hands, Blue Power shed 50 cents in trading of 11,722 units at $6.60. Caribbean Producers ended trading with 1,885,712 shares, after rising 4 cents to end at $4.55, Elite Diagnostic declined by 50 cents to settle at $5.50, after 26,548 shares crossed the exchange. Everything Fresh lost 5 cents trading 174,082 shares to close at $1.20, Express Catering fell 20 cents in trading of 3,987 units at $6.30, Fosrich lost 6 cents exchanging 4,134 shares to close at $4.70, Fontana closed 40 cents higher at $7.70, with 535,172 stock units trading. General Accident climbed 23 cents and exchanged 30,879 shares at $8.30, Honey Bun declined by 20 cents to settle at $6.40, iCreate ended with a loss of 1 cent at 68 cents with 135,645 stock units changing hands, Indies Pharma ended trading with 2,186,278 shares, after rising 2 cents to end at $3.12. Jamaican Teas exchanged 1,539,506 shares, after rising 5 cents to end at $6.05, Lasco Distributors closed 8 cents higher at $3.33, with 11,400,136 stock units trading, Lasco Financial shed 20 cents in trading of 9,030 units at $4.90. Lasco Manufacturing ended market activity exchanging 11,775,157 shares to close at $5.03 after falling 2 cents, Limners and Bards climbed 16 cents and exchanged 153,520 shares at $2.72, SSL Venture closed trading of 16,919 units and gained 10 cents to end at $1.60 and Stationery and Office Supplies closed 5 cents higher at $12.05, with 41,224 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

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