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.