Caribbean Cement jumped $5.51 to close at $77.50 with 166,784 shares changing hands at the close of Monday’s trading after the company posted disappointing third-quarter results.
Revenues in the quarter to September fell from $4.46 billion to $4.38 billion representing a cut in volume sales, which the company stated was due mainly to the impact of heavy rains.
Compounding the drop in sales was increases in certain expenses that drove down profit in the quarter to just $77 million or 9 cents per share for the quarter compared to $255 million in 2018. Nine months results showed revenues slightly above 2018 at $13.5 billion versus $13.2 billion and profit of $1.57 billion versus $1.3 billion in 2018 for earnings of $1.85 per share $1.34 per share in 2018. The company suffered foreign exchange losses on the loan with its parent company that drove finance cost to $1.44 billion for the nine months from $1 billion in the 2018 period. Labour cost shot up 13 percent to $1.77 billion for the nine months and equipment hire jumped nearly 50 percent to $602 million.
IC insider.com projects 2019 full-year earnings at $3.50.
Archives for October 2019
Carib Cement Q3 disappoints
JSE main market decline continues
The more than 11,000 points sharp decline of the Jamaica Stock Exchange main market indices last week continued on Monday, as volume and value dropped compared to that on Friday.
The JSE All Jamaican Composite Index ended with a fall of 2,448.77 points to close at 537,510.00, the JSE Index declined by 2,178.75 points to 489,438.87 and the JSE Financial Index lost 0.24 points to close at 133.95.
At the close of trading, 38 securities changed hands in the main and US dollar markets with 14 advancing, 14 declining and 6 trading firm. Main market activity ended with 35 securities trading 48,237,597 units valued at $136,439,498, in contrast to 64,041,525 units valued at $1,348,335,010 on Friday with 33 securities trading.
Wigton Windfarm dominated trading with 41.85 million shares for 87 percent of total volume, followed by Sagicor Select Funds with 3.46 million units accounting for 7 percent of the day’s trade and Scotia Group with 590,136 shares for 1 percent of the market’s trade.
The market closed with an average of 1,378,217 units valued at an average of $3,898,271 for each security traded, in contrast to 1,960,652 units valued at an average of $40,858,637 on Friday. The average volume and value for the month to date amounts to 961,280 units valued at $13,958,606 and previously an average of 946,164 units valued at $14,531,873 for each security traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and none with lower offers. The PE ratio of the market ended at 16.1 with the main market ending at 16.7 times 2019 current year’s earnings.
In main market activity, Barita Investments lost 60 cents to close at $73.50 while 4,852 shares were traded, Caribbean Cement jumped $5.51 to close at $77.50 with 166,784 shares changing hands after the company posted third quarter results showing lower revenues than for the same quarter in 2018. Net profit was just $77 million or 9 cents per share for the quarter and $1.85 for the nine months period versus $1.34 per share in 2018. Eppley Caribbean Property Fund traded 3,000 shares and dropped $4.49 to end at $35.01, Eppley ended at $15, after losing $1.85 trading a mere 630 shares, Jamaica Broilers swapped 24,699 shares, closing $2.90 lower at $33.10. Jamaica Producers gained 50 cents, after exchanging just 100 shares to settle at $22.50, JMMB Group rose $2.30 to close at $41.80, with 9,182 shares changing hands. 
Kingston Wharves dived $2.59 to $57.41, after trading 2,412 shares, MPC Caribbean Clean Energy jumped $19.99 in trading 100 shares to end at a record high of $220, Portland JSX climbed 50 cents to $8.50, in swapping 4,500 shares. Proven Investments traded 1,564 shares, gaining $1.40 to end at $42.40, Sagicor Group closed 25 cents higher at $66.25 with an exchange of 160,664 shares, Salada Foods advanced by $3.25 to close at $29.30 with 2,550 shares changing hands. Scotia Group lost 42.10 to close at $53 while trading 590,136 shares, Seprod lost $2 to settle at $50.50 with 936 units crossing the exchange, Sygnus Credit Investments lost 60 cents, in ending at $21.40 with an exchange of 104,628 shares and VM Investments lost 24 cents and closed $7.75, after trading 199,482 shares.
Trading in the US dollar market ended with 197,701 units valued at over US$33,784 with the market index gaining 1.47 points to close at 194.82. In trading, JMMB Group gained 2 cents settled at US$2.02 with 3,769 shares, Proven Investments closed with 9,664 units changing hands at 26 US cents and Sygnus Credit Investments exchanged 134,268 shares and gained 2 US cents to end at 13.99 US cents.
Junior Market big jump – Monday
The Jamaica Stock Exchange Junior Market Index jumped 42.15 points to close at 3,374.61 on Monday as 30 securities changed hands, with 11 rising, 12 declining and 7 remaining unchanged.
Trading settled with an exchange of a mere 928,669 units valued at $4,592,801 compared to 2,670,009 units valued at $10,210,028 from 26 securities changing hands on Friday.
Trading ended with an average of 30,956 units for an average of $153,093 in contrast to 102,693 units for an average of $392,693 on Friday. The average volume and value for the month to date amounts to 95,253 units valued at $445,940 and previously 98,899 units valued at $462,547. In contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Access Financial traded 16,365 shares and closed 79 cents down to $34.21, AMG Packaging closed with a loss of 10 cents at $1.90, in swapping 12,128 shares, Blue Power rose 90 cents to end at $7.80, trading 8,435 stock units. CAC 2000 gained $1.10 to end at $15.10 with an exchange of 800 stock units, Consolidated Bakeries lost 8 cents to close at $1.67 while trading 15,000 shares, Derrimon Trading closed with 19,000 units changing hands and gained 25 cents to end at $2.45. Elite Diagnostic traded 33,099 shares and lost 1 cent to close at $5.81, Express Catering ended trading with 95,931 shares after rising 20 cents to end at $6.50, Fosrich ended swapping 1,420 shares to close at $4.76 after falling 8 cents. General Accident lost 44 cents in trading 6,532 shares to close at $8.06, Honey Bun lost 60 cents in trading 12,000 units to close at $6.30, iCreate lost 5 cents in trading of 50,000 units at 65 cents, Indies Pharma climbed 9 cents and exchanged 7,004 shares at $3.15. Iron Rock insurance traded 218 shares and gained 40 cents to close at $4, 
Jamaican Teas ended trading with 63,736 shares after rising 37 cents to end at $6.30. Jetcon Corporation lost 9 cents with 8,100 units crossing the exchange at $1.90, Lasco Financial rose 5 cents to end at $4.90, with an exchange of 86,959 stock units, Lasco Manufacturing lost 30 cents trading 23,036 units at $5.05. Limners and Bards closed 5 cents lower at $2.45, with 30,992 stock units changing hands, Main Event climbed 9 cents in exchanging 8,053 shares at $5.11, Medical Disposables closed with a loss of 9 cents at $8, after swapping 1,000 shares. Paramount Trading ended market activity exchanging 100 shares to close at $1.80 after falling 20 cents and SSL Venture ended trading with 33,190 shares, after rising 15 cents to end at $1.45.
Prices of securities trading for the day are those at which the last trade took place.
IC TOP 10 steady in market volatility
The main market slipped on each trading day, this past week with the market index dropping more than 11,000 points and has corrected nearly 8 percent from the peak in August while the Junior Market fell 65 points but the TOP 10 stocks had one change.
Jetcon Corporation rose in price by the end of the week to $1.99 from $1.85 at the close of the previous week and dropped out of the Junior Market TOP 10, while CAC2000 moved back into the top 10 at the number ten spot.
Market activity resulted in no change to the top three Junior Market stocks, leaving Caribbean Producers with projected gains of 233 percent as the leader, followed by Iron Rock with potential gains of 233 percent and Jamaican Teas with 167 percent.
Radio Jamaica closed the week down at $1.80 from $1.99 with projected gains of 178 percent, up from last week’s 151 percent and remains the leading undervalued main market stock. Carreras is the number two stock with likely gains of 129 percent and Berger Paints with projected gains of 95 percent is next.
The main market closed the week with the overall PE of 17.2 and the Junior Market at 11.8 based on current year’s earnings. The PE ratio for Junior Market Top 10 stocks average is at 7.8 and the main market PE fell to 10.8 from 11.1 for the previous week.
The TOP 10 stocks now trade at a discount of 34 percent to the average for Junior Market stocks and main market stocks trade at a discount of 37 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns to March next year. 
Projected earnings, along with the PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest ranked being the most attractive. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have an interest in the securities commented on.
JSE majors drop nearly 8% from peak
The main market of the Jamaica Stock Exchange declined for the fourth day on Friday, with The JSE All Jamaican Composite Index plummeting 5,571.87 points to close at 539,958.77, down 7.7 percent from the peak on August 8, this year.
The JSE Index dropped 5,024.72 points to close at 491,617.62 and the JSE Financial Index lost 1.30 points to close at 134.19 as 36 securities changed hands in the main and US dollar markets with 11 advancing, 12 declining and 13 traded firm. Main market activity ended with 33 securities trading 64,041,525 units valued at $1,348,335,010, in contrast to 20,774,565 units valued at $56,322,324 on Thursday with 32 securities trading.
Carreras dominated trading with 30.1 million shares for 47 percent of total volume, followed by Wisynco with 10.6 million units accounting for 17 percent of the day’s trade and Grace Kennedy with 7.7 million shares for 12 percent of the market’s trade. Also chipping in, with sizable volume are Sagicor Select Fund with 5.6 million shares, Jamaica Stock Exchange with 3,575,105 shares, Caribbean Cement with 2.4 million units and Wigton Windfarm with 2 million shares.
The market closed with an average of 1,940,652 units valued at an average of $40,858,637 for each security traded, in contrast to 649,205 units valued at an average of $1,760,073 on Thursday. The average volume and value for the month to date amounts to 946,164 units valued at $14,531,873 and previously an average of 894,072 units valued at $13,071,739 for each security traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ended with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 16.3 with the main market ending at 16.9 times 2019 current year’s earnings.
In main market activity, Barita Investments closed $1.39 lower to $74.10 with 25,560 units traded, Carib Cement lost $1.51 to close at $71.99 with 2,438,311 shares changing hands, Grace Kennedy gained 90 cents, ending at $67 and trading 7,749,078 shares, Jamaica Broilers swapped 48,208 shares, in rising $2.90 higher to $36. Jamaica Producers lost $1 to settle at $22, with an exchange of 75,860 shares, Jamaica Stock Exchange added 59 cents to close at $29 with 3,575,105 shares crossing the exchange. JMMB Group dropped $2.30 to end at $39.50, with 18,561 shares changing hands, 
Kingston Wharves closed $2 lower at $60, after trading 3,078 shares, MPC Caribbean Clean Energy advanced $10.01 trading 1,054 shares to end at a 52 weeks’ high of $200.01. NCB Financial dropped $5 lower to $200, in swapping 255,476 shares, Seprod gained 98 cents to settle at $52.50 with 10,510 units changing hands, Supreme Ventures lost 85 cents and ending at $25.15 with 31,644 shares crossing the exchange and Sygnus Credit Investments gained 45 cents, after trading 8,792 shares to close at $22.
Trading in the US dollar market ended with 589,163 units valued at over US$449,608 with the market index losing 0.77 points to close at 193.35. Equity Line Mortgage Investment preference share settled at US$2.01, after rising by 1 US cent in swapping 200,000 units, Proven Investments traded 5,030 units to close at 27 US cents and Sygnus Credit Investments exchanged 384,133 shares to end at 12 US cents,
Junior Market drops – Friday
Junior Market trades
The Jamaica Stock Exchange Junior Market Index dropped 30.33 points to close at 3,332.46 on Friday as 26 securities changed hands, with 6 rising, 14 declining and 6 remained unchanged.
Trading settled with an exchange of 2,670,009 units valued at $10,210,028 compared to 3,125,553 units valued at $7,771,742 from 31 securities changing hands on Thursday.
Trading ended with an average of 102,693 units for an average of $392,693 in contrast to 100,824 units for an average of $250,701 on Thursday. The average volume and value for the month to date amounts to 98,899 units valued at $462,547 and previously 98,703 units valued at $466,158. In contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading 
shows 8 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Blue Power lost 80 cents in trading 3,770 shares to close at $6.90, Caribbean Producers closed trading of 1,000 units and gained 10 cents to end at $4.80, Derrimon Trading fell 28 cents in exchanging 1,399,161 units to close at $2.20. Express Catering ended 30 cents higher at $6.30, with 141,952 stock units trading, Fosrich declined 3 cents with 84,146 units crossing the exchange at $4.84. Fontana ended with a loss of 1 cent at $7.34 with 98,665 stock units changing hands, General Accident closed 47 cents higher at $8.50, with 328,167 stock units trading, GWest Corporation dipped 5 cents in swapping just 100 units at $1.05, iCreate declined 2 cents trading 16,646 units at 70 cents. Indies Pharma lost 9 cents in trading of 32,222 units to end at $3.06, Jamaican Teas declined by 37 cents to settle at $5.93 while trading 151,630 units, Jetcon Corporation climbed 39 cents and exchanged 20,800 shares to close at $1.99 after it traded earlier at a 52 weeks’ low of $1.50. 
Knutsford Express fell 40 cents in trading of 3,500 units to close at $10.60, Lasco Distributors closed with a loss of 15 cents at $3.35, in swapping of 30,854 shares, Lasco Financial ended market activity exchanging 24,295 shares to close at $4.85 after falling 6 cents. Lasco Manufacturing ended trading with 67,885 shares, after rising 45 cents to end at $5.35, Main Event dipped 96 cents in trading of 7,525 units at $5.02, Stationery and Office Supplies closed trading of 4,300 units and gained 2 cents to end at $11.87. SSL Venture fell 8 cents exchanging 30,900 units at $1.30 and tTech lost 79 cents in trading 2,140 shares to close at $6.
Prices of securities trading for the day are those at which the last trade took place.
8 TTSE stocks fall – Friday
Trinidad & Tobago Stock Exchange Head Quarters
Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday with 18 securities trading against 15 on Thursday, with 4 stocks advancing, 8 declining and 6 remaining unchanged.
At the close of the market, the Composite Index lost 2.94 points to end at 1,410.85. The All T&T Index gained 0.74 points to 1,759.45, while the Cross Listed Index slipped 0.92 points to close at 143.98.
Trading ended with 73,298 shares valued $1,836,526, compared to 282,354 stock units valued $2,703,518 shares on Thursday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 5 stocks with bids lower than their last selling prices and 3 with lower offers.
Gains| Calypso Micro Index Fund gained 1 cent trading 2,400 shares and closed at $15.76, Clico Investment Fund closed with a 4 cents gain and exchanged 1,060 stock units at $24.10, National Flour gained 2 cents and settled at $1.49, with 3,314 units changing hands and West Indian Tobacco traded 133 shares and rose 49 cents to end at $105.
Losses| CinemaOne closed with a loss of 85 cents and ended at $7.15, with 230 units crossing the exchange, Guardian Holdings closed 8 cents and completed trading at $18.42, with 3,360 units crossing the exchange, JMMB Group dropped 8 cents and completed trading at $2, after exchanging 12,460 shares. 
NCB Financial ended trading of 2,744 shares 9 cents lower and ended at $10.66, Prestige Holdings closed with a loss of 5 cents and concluded at $8.05, with 3,652 units. Republic Financial closed 4 cents and ended at $122.92, with 1,744 stock units changing hands and Scotiabank shed 25 cents and concluded trading of 16,745 units at $59.75 and Trinidad & Tobago NGL lost 1 cent in exchanging 160 units to close at $25.70
Firm Trades| First Caribbean International Bank settled at $9.05, trading 4,050 units, Massy Holdings settled at $55, with 1,404 units, Point Lisas settled at $3.60, after exchanging 50 shares, Sagicor Financial settled at $10.65, after exchanging 1,000 shares, Trinidad Cement completed trading at $2, with 8,935 units crossing the exchange and Unilever Caribbean concluded at $24.50, swapping of 10,087 shares.
Prices of securities trading are those at which the last trade took place.
Fast & Furious top summer movie
Fast & Furious Presents Hobbs & Shaw starring Dwyane Johnson, Jason Statham and Idris Elba was the top-performing movie at Palace Amusement cinema circuit in Kingston, Portmore and Montego Bay from July to October according to data extracted by IC Insider from weekly movie listings and confirmed by Palace’s Managing director Douglas Graham.
Fast & Furious started showings on July 3 for 15 times per day and climbed to 17 the following week and moved to 12 on August 7. The movie totaled 73 showings ending on October 4th with just one showing. The Lion King featuring the voices of James Earl Jones and Beyonce, had 58 showings for the number two spot, followed by The Hustlers with 34 showings and Angel Has Fallen with 31. Together, these top movies accounted for 216 showings or 58 percent of regular shows during the period that includes the new Portmore cinema, Sunshine Palace that opened at the end of July. Lion King ran non-stop to the week starting September 3 with 5 shows, had a break and returned with 2 shows on the week ending September 28.
Managing Director of Palace Amusement, Douglas Graham says the performance of Fast and Furious was expected because “Jamaicans love movies with motor cars”. He explained that the Fast and Furious series tends to do better in Jamaica than anywhere else relatively speaking. Popular British actor and DJ Idris Elba, one of the leads in the film was also a big drawing card, as Jamaicans positively identify with the high-grossing star, a relatable and renowned black man, who has visited, filmed and partied in the island on many occasions.
Recliners box seats exclusively for cinema 4.
Graham says he was also pleased with The Lion King, a musical produced by Walt Disney Pictures and a computer-animated remake of Disney’s 1994 traditionally animated film of the same name. Just in time for summer, the movie was a big hit with families driven no doubt by the timeless tale and the star-studded cast of voices.
According to Graham, Sunshine Palace did well in August- “We have seen what it can do. However, the State of Emergency is problematic for movie-goers in the area as that audience are late movies patronisers. We had the same problem in Montego Bay but they overcame it, we hope this will happen in Portmore as well”.
The current crop of movies includes Gemini Man starring Will Smith having three weeks in all cinema houses twice per day for 8 shows daily, graham feels that this will continue for another week from next week Wednesday. 
Maleficent Mistress of Evil with Angelina Jolie opened of Friday, October 18 with 4 shows in all cinemas and is now up to 7 on Wednesday. Jokers started with 8 shows on October 4 and declined to 5 from October 9 to October 16 but is now having just 2 daily showings at the Carib. Rambo started on September 28 with 7 shows for two weeks then was down to 5 and just 2 for the week commencing October 16 and is now ended, leaving Maleficent Mistress of Evil that started last week Friday, Gemini Man and Jokers as the only carryovers.
New at the movies this week are Black and Blue starring Naomie Harris and Tyrese Gibson, opening with seven daily shows in all cinemas and The Informer featuring Joel Kinnaman, Rosamund Pike and Clive Owen with six daily showings in 3 cinemas.
JSE main market falls again
The main market of the Jamaica Stock Exchange declined for the third straight day on Thursday, with The JSE All Jamaican Composite Index declining 2,089.20 points to 545,53064, the JSE Index losing 1,893.04 points to 496,642.34 while the JSE Financial Index lost 0.60 points to close at 135.49.
At the close of trading, 35 securities changed hands in the main and US dollar markets with 10 advancing, 17 declining and 8 traded firm. Main market activity ended with 20,774,565 units valued at $56,322,324, in contrast to 21,914,251 units valued at $146,471,455 on Wednesday.
Sagicor Select Funds dominated trading with 13 million shares for 63 percent of total volume, followed by Radio Jamaica with 3.1 million units accounting for 15 percent of the day’s trade and Wigton Windfarm with 3 million shares for 14 percent of the market’s trade.
The market closed with an average of 649,205 units at $1,760,073 for each security traded, in contrast to 626,121 units valued at an average of $4,184,899 on Wednesday.
The average volume and value for the month to date amounts to 894,072 units valued at $13,071,739 and previously an average of 907,175 units valued at $13,714,670 for each security traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 15 stocks ended with bids higher than their last selling prices and 6 with lower offers. The PE ratio of the market ended at 16.4 with the main market ending at 17 times 2019 current year’s earnings.
In main market activity, Barita dropped $2.75 to settle at $75.49 with 76,433 units traded, Berger gained 50 cents to close at $18.50 with 1,450 shares changing hands, Grace Kennedy closed $2.25 lower, ending at $66.10 while trading 3,056 shares, Jamaica Broilers traded 34,924 shares, after losing 89 cents to close at $33.10. Jamaica Producers advanced $1.49, in settling at $23 with an exchange of 50,687 shares, Jamaica Stock Exchange gained 41 cents to close at $28.41 in swapping 7,347 shares. Kingston Wharves closed $1.47 higher to $62, after trading 5,196 shares, Mayberry Investments lost 48 cents trading 13,500 shares to end at $7.50, PanJam Investment ended the day’s trade at $99.50, after losing 50 cents exchanging 26,244 shares, 
Proven Investments closed at $41, with gains of 50 cents trading 6,351 shares. Sagicor Group lost $1 to close at $66, with 46,361 shares changing hands, Salada Foods fell by $1.95 to settle at $26.05 with 24,374 shares traded. Scotia Group closed $1 lower to $55 with trades of 24,800 shares, Seprod declined by $2.30 to settle at $51.52 with 15,580 units changing hands and Sygnus Credit Investments lost 45 cents, after trading 14,600 to close at $21.55.
Trading in the US dollar market ended with 199,584 units valued at over US$43,703 with the market index losing 2.66 points to close at 194.12. At the close of the market, Proven Investments traded 132,600 units to close at 27 US cents, Sygnus Credit Investments exchanged 62,899 shares to end at 12 US cents, after losing 2 US cents and Sterling Investments settled at 2.7 US cents, in swapping 4,085 units after falling 0.3 of a cent.
Junior Market rises – Thursday
The Jamaica Stock Exchange Junior Market Index rose 10.62 points to close at 3,362.79 on Thursday as 31 securities changed hands, with 13 rising, 8 declining while 10 remained unchanged.
Trading settled on Thursday with an exchange of 3,125,553 units valued at $7,771,742 compared to 2,463,223 units for $8,312,204 from 28 securities changing hands on Wednesday.
Trading ended with an average of 100,824 units for $250,701 for each security traded, in contrast to 87,972 units for an average of $296,864 on Wednesday. The average volume and value for the month to date amounts to 98,703 units valued at $466,158 and previously 98,564 valued at $480,309. In contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial gained $1 to end at $35 in trading 5,000 shares, AMG Packaging closed trading of 5,000 units and gained 30 cents to end at $2, Blue Power ended market activity exchanging 53,270 shares to close at $7.70 after falling 5 cents. Derrimon Trading climbed 3 cents and exchanged 4,000 shares at $2.48, Elite Diagnostic ended trading with 30,929 shares, after rising 20 cents to end at $5.80, Everything Fresh closed 10 cents higher at $1.25, with 65,418 stock units trading, Express Catering gained 10 cents at $6, trading 25,429 stock units. Fosrich ended trading with 4,060 shares, after rising 3 cents to end at $4.87, Fontana closed trading of 20,733 units and gained 10 cents to close at $7.35, General Accident closed trading of 154,808 units and gained 3 cents to end at $8.03 after trading at a record high of $9. GWest Corporation climbed 6 cents and exchanged 122,251 shares at $1.10, Honey Bun traded 2,665 units and gained 9 cents to end at $6.90, 
iCreate climbed 6 cents and exchanged 33,028 shares at 72 cents, Iron Rock Insurance shed 35 cents in trading of 8,500 units at $3.60. Lasco Distributors dipped 30 cents in exchanging 8,838 units at $3.50, Lasco Manufacturing dipped 5 cents trading 7,527 units at $4.90, Limners and Bards closed with a loss of 5 cents at $2.50, in swapping of 302,524 shares, Medical Disposables ended with a loss of 1 cent at $8.09 with 4,549 stock units changing hands. Paramount Trading closed with a loss of 18 cents at $2, after swapping 55,600 shares, Stationery and Office Supplies dropped 65 cents to settle at $11.85 with 2,800 shares crossing the exchange and tTech ended trading with 36,000 shares, after rising 49 cents to end at $6.79.
Prices of securities trading for the day are those at which the last trade took place.
