Another big jump for Eppley on Tuesday

Eppley jumped again in the early morning session on the Jamaica Stock Exchange, to add $69.24 to the $75.76 gained on Monday as 160,000 units of the stock traded at a new 52 weeks’ high of $650 to record a gain of almost 29 percent in two days.
The trade took place as the company announced that up to 487,703 new ordinary shares priced at $650 each will be made available to ordinary stockholders on the record date for the issue, on Friday 6 May 2016. On Monday Eppley climbed 15 percent for a gain of $75.76 to close at $580.76. At the close, there were two 52 weeks’ highs with 14 active securities trading, as 6 advanced and 4 declined as the junior market index slipped 0.77 points, to end at 2,158.56. A total of 1,253,040 shares valued at $109,112,009 traded. 4 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading in a market, Caribbean Cream traded 2,450 units and rose 30 cents to end at $4.50, Caribbean Producers had 1,000 shares changing hands at $4.01, General Accident gained 5 cents in trading 3,600 shares to close at $2.70, Honey Bun fell 95 cents to end at $17 with 37,988 shares trading. Jamaican Teas traded 8,900 shares and lost 9 cents to end at $3.91, Jetcon Corporation ended at $2.90 while 608,524 units traded. Key Insurance traded 25,121 shares to end at $2.80, Knutsford Express had 2,900 shares trading unchanged at $16.80. Lasco Distributors gained 10 cents and ended at $7.60 with 130,860 shares trading, Lasco Financial gained 10 cents to close at $3.50 with 120,661 shares changing hands. Lasco Manufacturing lost 1 cent to close at $4.59 with 78,836 shares trading, Medical Disposables traded 1,200 shares to close 22 cents higher at $3.42 and Paramount Trading fell 15 cents to end with 71,000 shares changing hands at $10.85.