The junior market enjoyed one of the best days for some time with advancing stocks out numbering decliners by a wide margin but with a narrow range of companies trading. The strong number of gains led to a 29.10 points rise in the index to end at 2,127.53. The market closed with 1,336,391 shares valued at $9,501,843 changing hands.
A total of 15 securities traded of which 10 advanced and 1 declined. The market ended with bids for 6 stocks closing higher than their last selling prices and 3 ending with lower offers.
At the end of trading, AMG Packaging rose 35 cents with 7,949 shares trading, to end at $12, Caribbean Cream closed with a gain of 13 cents at $4.60, having traded 23,112 shares. Caribbean Flavours traded 1 million units at $8, Consolidated Bakeries traded 94,255 units to gain 10 cents and end at $1.60, General Accident rose by 3 cents with 20,000 units changing hands to close at $2.18.
Honey Bun gained $1 and closed at $19 with 960 shares traded, Jamaican Teas traded 1,542 units and gained 35 cents in the process to close at $3.90, Knutsford Express traded 190 shares and lost 70 cents to close at $16.80, Lasco Distributors gained 5 cents and closed with 87,170 units trading at $7.50. Lasco Financial closed at $3.30 with 20,000 shares changing hands to gain 1 cent, Lasco Manufacturing traded 68,713 shares and rose 10 cents to close at $4.40 and tTech regained the 20 cents it lost on Thursday and ended with 12,500 units changing hands at $4.50.
Wide spread gains for Juniors on Friday
May 27, 2016 by
