Derrimon Trading exchanged 9.5m shares.
Trading on the Junior Market of the Jamaica Stock Exchange remained elevated on Wednesday as 9.5 million Derrimon Trading shares traded, resulting in 9,928,768 units valued at $27,422,845 compared to 17,273,967 units valued at $179,531,161 on Tuesday.
At the close of market activities only 16 securities changed hands versus 17 on Tuesday with the prices of 3 securities advancing, 10 declining and 3 remaining unchanged and Everything Fresh falling to the lowest level at $1.01, since listing earlier in the year at $2.50. Kuntsford Express traded down to a 52 weeks’ low of $10.40.
Trading activity resulted in the Junior Market Index declining by 10.45 points, to close at 3,120.81.
Trading ended with an average of 620,548 units for an average of $1,713,928 in contrast to 1,016,116 units for an average of $10,560,656 on Tuesday. The average volume and value for the month to date amounts to 271,046 units at a value of
$1,552,211, versus 236,096 units at a value of $1,536,039, previously. November, ended with an average of 190,475 units valued at $653,358 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 higher bids than their last selling price and 2 with lower offers.
At the close of the day’s activity, AMG Packaging ended with a loss of 10 cents at $1.70, with 9,585 stock units changing hands, Caribbean Cream ended trading 29,650 shares at $5.30, Caribbean Producers traded 894 units at $5.35, Consolidated Bakeries closed with a loss of 12 cents at $2.03, with an exchange of 1,000 shares, Derrimon Trading ended at $2.70, with 9,514,600 shares changing hands. Dolphin Cove concluded trading $1.25 higher at $17, in exchanging 511 shares, Elite Diagnostic finished with a loss of 13 cents at
$2.87, trading 15,702 stock units, Everything Fresh fell to the lowest level since listing earlier in the year, at $2.50 in trading 30,977 shares with a loss of 27 cents to close at an all-time low of $1.01, Express Catering ended trading of 181,412 shares with a loss of 30 cents at $7.70, FosRich Group traded 51,855 shares with a loss of 1 cent at $3.79. GWest Corporation closed with a loss of 5 cents at $1.45, in trading 10,000 stock units, Indies Pharma traded 49,397 shares and lost 3 cents to close at $3.10, Jamaican Teas settled with a loss of 8 cents at $3.70, with 16,080 shares traded, KLE Group finished trading 10 cents higher at $3.20, with an exchange ofn 5,000 shares, Knutsford Express closed with a loss of 20 cents at $10.40, with 5,772 shares traded and Main Event settled 1 cent higher at $6.01, with 6,333 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
hands, National Flour concluded trading with a loss of 7 cents at $1.63, with an exchange of 5,526 units, Republic Financial Holdings traded with a loss of 20 cents to close at $107.06, after exchanging 315 shares, Scotiabank fell 7 cents and completed trading at $64.66, with a mere 4 units changing hands, Trinidad & Tobago NGL closed with a loss of 2 cents and settled at $29.21, after exchanging 46,313 shares and Unilever Caribbean shed 5 cents and ended at $22.95, with 2,000 stock units changing hands.
The main market of the Jamaica Stock Exchange suffered further declines at the close of trading on Tuesday as declining stocks edged out advancing ones but with securities trading ending with slightly higher volume and value than on Monday. 
at $3,339,977 on Monday. The average volume and value for the month to date, amounts to 119,777 units with a value of $3,292,648, compared to 111,829 units with a value of $3,007,628, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
80 cents in trading 620 stock units, Mayberry Investments rose 40 cents and settled at $9.50, with 138,069 units changing hands, PanJam Investment lost $4.50 to close at $62.50, with an exchange of 23,764 stock units, Sagicor Group gained $2.54 to finish trading of 1,880 shares at $42.70, Sagicor Real Estate Fund fell 50 cents to settle at a 52 weeks’ low of $10, with 17,300 shares changing hands, Scotia Group fell 50 cents in trading 164,214 units to close at $54.01, Seprod traded 64,730 shares in dropping 45 cents to close at $31.40, Sterling Investments lost 35 cents and closed at $4.13, with 915 shares, Sygnus Credit Investments lost 44 cents and ended at $10.06 with 16,120 shares changing hands.
236,096 units at a value of $1,536,039, versus 143,367 units at a value of $463,182, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
as 20,074 stock units changed hands. Everything Fresh traded 292,113 shares after declining by 2 cents to close at an all-time low of $1.28, Express Catering ended trading with 11,808 shares, 30 cents higher at $8, FosRich Group traded 1,500 shares at $3.80, Honey Bun ended with a loss of 30 cents at $3.50, exchanging 1,610 units, Indies Pharma traded 23,980 shares and lost 3 cents to close at $3.13, Jetcon Corporation ended trading of 20,400 stock units with a loss of 25 cents to end at $3.15. Key Insurance traded 182 units with a loss of 95 cents at $4, Knutsford Express closed with a loss of 90 cents at $10.60, in exchanging 16,856,182 shares, Lasco Distributors ended with a loss of 10 cents at $3.80, with 6,200 shares trading, Lasco Manufacturing fell 4 cents to close at $3.12, with 12,908 units being exchanged, Main Event settled at $6, in trading 9,410 shares and tTech ended at $5.19, with 1,000 shares changing hands.
Trinidad & Tobago Stock Exchange market activity on Tuesday ended with trading in 17 securities against 12 on Monday, with 4 advancing, 6 declining and 7 remaining unchanged on a day when the volume a value of trading rose sharply on Monday’s levels.
exchanging 64,810 shares, Mora Ven Holdings that is listed on the Second Tier Market, exchanged 1,000 shares and declined by $2.01 to end at 52 weeks’ low of $12.48. NCB Financial Group shed 10 cents and settled at $8.60, after exchanging 200 shares, Sagicor Financial lost 25 cents and ended at $9.50, with 700 stock units changing hands and Scotiabank ended trading of 205 units after falling by just 1 cent to close at $64.73.
The directors at their investors briefing on Monday also addressed the matter of the sharp jump in inventories and the increase in the company’s first quarter profit over the prior year as well as the pace at which they will commence further expansion after the opening of the Waterloo Road branch in 2019. Inventories for the Christmas season were imported earlier than in 2017 the directors stated. Apparently, the movement in the exchange rate of the Jamaica dollar played a role as well as some concerns regarding the pricing of supplies out of China. The financial controller, Judale Smith indicated that the gross profit margins are usually 36 percent but it had fallen in the 2017 first quarter as they had to source some goods at higher prices that affected the margins, as such the 2018 figures better reflect what the out turn should be like.
with bids higher than the last selling prices and 3 closing with lower offers.
with an exchange of 27,500 stock units, Portland JSX closed trading with 840,399 units after rising by 50 cents to end at $9, Sagicor Group fell 84 cents to finish trading of 142,802 shares at $40.16, Sagicor Real Estate Fund fell 50 cents to settle at $10.50, with 331,702 shares changing hands, Seprod traded 22,517 shares and dropping 35 cents to close at $31.85, Stanley motta fell 60 cents in trading 30,338 shares at $4.60, Supreme Ventures lost 99 cents and ended at $16, with 94,982 shares exchanged.
Caribbean Producers finished trading just 300 units for 9 cents higher at $5.44, Derrimon Trading rose 5 cents to $2.70, with 25,539 shares changing hands, 
29 cents to close at $3.16, Main Event settled with a loss of 50 cents at $6, in exchanging 4,329 shares, Medical Disposables ended trading with 5,063 shares at $6.40. Paramount Trading lost 43 cents to close at $2.52, with 741 shares traded, SSL Venture Capital traded 2,590 shares after gaining 1 cent to close at $1.82, Stationery and Office finished trading 30 cents higher at $8.80, with 15,270 stock units trading and 
at $20.20, with 1,669 stock units changing hands, Grace Kennedy closed at $3, with 4,000 stock units changing hands, Massy Holdings ended at $46, after exchanging 2,041 shares, One Caribbean Media concluded trading at $10.50, after exchanging 90 shares, Republic Financial Holdings closed at $107.26, after exchanging 50 shares, Scotiabank completed trading at $64.74, with 1,960 units and West Indian Tobacco completed trading of 1,043 units at $95.07.
iCreate, a fairly new company that is involved in the creative industry is at an advanced stage of planning to raise funds publicly by way of an IPO, ahead of a potential listing on the Junior Market of the Jamaica Stock Exchange.
