Trading in the Junior Market of the Jamaica Stock Exchange closed on Wednesday with 84 percent of the ordinary listings being active and ending with declining stocks dominating rising ones almost 2 to 1 leading to a small fall in the market index.
At the close the volume of stocks and value of stocks traded, fell by a half of Monday levels.
The market ended with 2,266,721 units valued at $11,726,592 changing hands, with the index falling 6.26 points to close at 3,149.20. On Monday, trading closed with 4,581,201 units valued at $21,905,678.
A total of 26 securities traded, versus 22 on Monday, with 8 stocks rising and 13 declining. Trading closed with 4 stocks having bids higher than the last traded prices and 1 closing with a lower offer.
Trading ended trading with an average of 87,182 units for an average value of $451,023 in contrast to 208,236 units for an average value of $995,713 on Friday. In contrast, July closed with averages of 536,395 units valued at $1,905,441 for each security traded.
At the close of the market, stocks trading and their last traded price are Access Financial Services closing with a loss of 50 cents at $46, in trading 1,127 units, AMG Packaging rose 15 cents to close at $3.65 with 125,763 units changing hands, CAC 2000 fell 50 cents with 5,000 shares trading to end at $6.50, Cargo Handlers ended trading with 6,910 shares to close at $13.20. Caribbean Cream ended trading at $6.50 with a 35 cents loss, after trading 26,650 shares, Caribbean Producers added 10 cents to close trading with 141,875 units, at $3.45, Consolidated Bakeries rose 1 cent and ended with 74,146 units changing hands, at $2.63. C2W Music had 70,000 units changing hands, to close at 38 cents, after falling 1 cent, Derrimon Trading declined by 20 cents to end at $7.80 after with 27,119 shares changing hands. Recently listed Express Catering ended at $5 with 292,114 shares changing hands, after the company announced a dividend of 0.917 US cent per share, General Accident closed trading with 2,000 shares at $2.90, Honey Bun fell 6 cents with 208 shares changing hands at $5.50, ISP Finance closed $2 higher with 9,418 units changing hands at $18, Jamaican Teas rose 2 cents, trading 23,819 shares to close at $4.52, Jetcon Corporation traded 47,084 shares to end at $5.10, after slipping 10 cents, Key Insurance traded 8,535 units to close at $3.05 after losing 80 cents, KLE Group ended at $2 with 6,000 shares changing hands, Knutsford Express lost 5 cents in trading 5,799 shares to end at $14.90, Lasco Distributors closed with a rise of 8 cents at $6.88, after trading 261,741 units, Lasco Financial lost 16 cents and ended with 26,052 shares changing hands at $4.04, Lasco Manufacturing rose 4 cents and ended with 42,634 shares trading at $4.37, Main Event eased 3 cents to close with 10,971 shares trading at $5.47, Medical Disposables dropped 45 cents in closing at $5.50 with 1,023,000 units trading, Paramount Trading ended with 15,500 units changing hands at $2.50, Sweet River rose 2 cents, ending with 7,494 units changing hands at $3.52 and tTech lost 50 cents in trading 5,762 units to close at $8.50.
Volume dips as most Junior stocks trade
August 2, 2017 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, C2W Music, CAC 2000, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Emerging stock market, Eppley, Express Catering, Honey Bun, ISP Finance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Key Insurance, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Sweet River, Trading Activity, tTech
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