Trading picks up in Junior stocks

Trading picked up on the Junior Market of the Jamaica Stock Exchange on Thursday with 22 securities changing hands, resulting in an exchange of 1,766,060 units valued at $7,828,514 compared to 726,097 units valued at $5,040,854, from 18 securities on Wednesday.
At the close of market activities, the prices of 6 securities advanced, 10 declined and 6 remained unchanged. The Junior Market Index declined by 22.03 points to close at 3,044.50. The prices of two securities hit 52 weeks’ high with one ending at a record close.
Trading ended with an average of 80,275 units for an average of $355,842 in contrast to 40,339 units for an average of $280,047 on Wednesday. The average volume and value for the month to date amounts to 115,661 units valued at $565,207 and previously 118,172 units valued at $580,065. In contrast, October closed with average of 74,690 units valued at $362,548 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, CAC 2000 finished with a loss of 7 cents at $6.50, with 38,000 shares, Caribbean Cream finished with a loss of 5 cents at $5.55, with just 500 shares trading, Caribbean Producers traded 45 cents higher at $4.50, with 770,491 units, after trading at a 52 weeks’ high of $4.99, Consolidated Bakeries finished at $2.05, with 1,470 shares as the stock seems to be finally responding to the poor results released this year. C2W Music ended with a loss of 9 cents at $0.40, with 1,000 stock units, Express Catering ended at $4.40, with 14,476 stock units, Eppley concluded trading $1.49 higher at $11.50, with 806 units, General Accident finished with a loss of  2 cents at $2.70, with 68,981 shares. Honey Bun settled at $4.80, with 11,554 shares, Iron Rock closed with a loss of 1 cent at $2.80, with 22,038 shares, Jamaican Teas traded 40 cents higher at $4.20, with 867 units, Jetcon Corporation finished trading with a loss of 10 cents at $4.50, with 184,554 shares, Knutsford Express closed at $13.50, with 2,000 shares. Key Insurance ended 76 cents higher at a 52 weeks’ high of $4.75, with 19,362 stock units changing hands, KLE Group concluded trading at $2.51, with 50,022 units, Lasco Distributors settled 8 cents higher at $5.98, with 27,534 shares. Lasco Financial ended trading at $6.50, with 60,317 stock units, Lasco Manufacturing traded with a loss of 12 cents at $4.05, with 8,138 units, Medical Disposables finished trading with a loss of 20 cents at $5.10, with 2,000 shares, Main Event closed 38 cents higher at $5.89, with 54,026 shares, Paramount Trading concluded trading with a loss of 20 cents at $3.50, with 256,698 units and Stationery and Office ended trading with a loss of 7 cents at $5.13, with 171,226 stock units.

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

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