Trading volume picks up for juniors

Caribbean Flavours fell 20 cents on Friday although profit to June 2015 climbed 21.7%

Caribbean Flavours fell 20 cents on Friday although profit to June 2015 climbed 21.7%

Trading picked up from Thursday’s depressed levels of just over 49,000 units trading and finished on Friday with 364,047 units, valued at $724,515 changing hands. A total of 7 securities traded with 3 stocks declining and 2 advancing. The junior market index gained 11.92 points to close at 949.99.
At the close, 4 securities ended with no bids to buy, while 2 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 1 with the offer being lower.
Stocks trading are, AMG Packaging finished with 28,175 shares to close at $3.65, with a loss of 9 cents, Caribbean Cream ended with 222,048 shares changing hands at $1.70, Caribbean Flavours traded 10,000 units at $2.55, for a decline of 20 cents. The company JM Trade 28-08-15released audited financial statements showing profit of $58 million or 64 cents per share, versus $47 million or 56 cents in 2014, from sales revenue that were up to $307 million from $255 million in 2014. Caribbean Producers traded 49,061 units at $2.55, Honey Bun with 1,100 shares changing hands, closed with a gain of 30 cents at $4, Lasco Financial closed with 50,633 units trading, to end at $1.64, after shedding 16 cents and Lasco Manufacturing gained 10 cents in closing at $1.90 but with only 3,300 units changing hands.

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