Juniors inch higher – Monday

JSE sign shrtThe junior market rose Monday but with declining stocks being just ahead of advancing ones. The market ended with a gain of 27.76 points to close at 1,914.73 on Monday.
The market ended with 11 securities trading, 5 of which declined and 4 advancing and 811,127 units changing hands, valued at $3,604,853.
The decline in the market seems over with IC bid offer indicator pointing to rising prices ahead on Monday. At the close, 1 security ended with no bid and only 6 securities had no stocks being offered for sale. There were 4 stocks closing with bids that were higher than their last selling prices and 1 ended with lower offer.
In trading, AMG Packaging lost 35 cents with 14,101 units changing hands, to close at $11.15, Caribbean Cream traded 117,959 shares, the price slipped by 4 cents and ended at $4.06, Caribbean Producers lost 35 cents to end with 102,139 shares trading at $4.15. General Accident JM sum 14-03-16 closed with only 9,000 shares being active but gained 1 cent to end at $2.70, Honey Bun traded 13,054 units at $14 after shedding 61 cents. Jamaican Teas gained 20 cents in closing at $7.70 with 2,801 shares changing hands. Lasco Distributors closed with 121,420 units trading to end at $6, Lasco Financial fell by 9 cents to end at $3.01 with 90,849 shares changing hands, Lasco Manufacturing ended with 223,804 shares changing hands to close at $3.50. Sweet River ended with 11,000 units changing hands at $4.02 after rising 2 cents for a 52 weeks’ high and tTech closed with a gain of 25 cents at $4.50 with 105,000 units changing hands.

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