Everything Fresh debut with modest gains

Everything Fresh was listed on the Junior Market of the Jamaica Stock Exchange on Friday and traded 390,706 units to close 6 cents above the IPO price, at $2.56, after trading as high as $2.80.
By the close of the market, trading levels fell back from the sharp increase on Thursday and ended at an exchange of 1,718,174 units valued at $7,108,686, compared to 13,450,013 units valued at $56,708,412 on Thursday.
Market activity resulted in 23 securities changing hands, leading to the prices of 9 advancing, 8 declining and 2 remaining unchanged compared to 19 on Thursday. The Junior Market Index declined by 11.10 points to close at 3,017.27.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Trading ended with an average of 74,703 units for an average of $309,073 in contrast to 707,895 units for an average of $2,984,653 on Thursday. The average volume and value for the month to date, amounts to 157,010 units valued at $780,450 and previously 162,661 units valued at $812,413. May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, AMG Packaging ended at $2.10, trading 83,699 shares, Blue Power concluded trading 18 cents higher at $42.18, with 6,054 units changing hands, Cargo Handlers settled 25 cents higher at $10, with 806 stock units, Caribbean Cream ended trading with a loss of 34 cents at $5.65 with 9,700 shares, Derrimon Trading rose 60 cents to a 52 weeks’ high of $12, with the trading of 513 shares. Dolphin Cove finished at $16, with 1,280 stock units trading, Elite Diagnostic settled with a loss of 5 cents at $3.05, exchanging 60,164 units, Express Catering traded 24 cents higher to $7.40, with 8,611 shares, FosRich Group finished trading at $2.95, with 1,400 shares. General Accident closed with a loss of 5 cents at $2.95, after 50,000 stock units traded, GWest Corporation ended at $2.50, after 2,000 units changed hands, Honey Bun concluded trading with a loss of 37 cents at $4.65, exchanging 816,137 shares, ISP Finance settled at $15, with 15,796 shares. Jetcon Corporation traded with a loss of 3 cents at $4.02, with 8,547 units, KLE Group closed 25 cents higher at $2.95, with 12,000 shares, Knutsford Express jumped $1.01 to $12.51, with just 200 shares trading, Lasco Distributors rose 5 cents to $4.20, with 179,154 stock units. Lasco Financial finished at $5, with 2,871 units changing, Lasco Manufacturing settled with a loss of 20 cents at $4, with 59,495 shares, Main Event fell 39 cents to $6.61, with 2,800 shares, Stationery and Office closed 40 cents higher at $8, with 2,341 units and tTech concluded trading with a loss of 70 cents at $5.30, with 3,900 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.