Caribbean Cream hits new high – Friday

The junior market index drifted down 1.29 points to end at 2,157.34 even as closed with 6 advancing and 2 declining while Caribbean Cream traded 125,720 shares with a gain of 60 cents, to close at a new all-time high of $6.65, in continued response to an 81 percent jump in profit to $71 million, for the May quarter.
At the close of the market on Friday, 1,509,505 units traded valued at $8,532,147 and ending with 11 securities being active. A total of 4 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the close, AMG Packaging fell 1 cent in trading 201,400 shares to close at $12.50. AMG reported slightly lower sales in the May quarter, compared with 2015 with it being slightly higher in the nine months to May, but reported profit of $15.9 million in the quarter versus $20.76 million in 2015 and $67.9 million for the nine months compared with $52.45 million, in the similar period in 2015. Blue Power ended at $16.18 with 9,000 units changing hands, Consolidated Bakeries gained 7 cents in trading 400,000 shares to close at $2.10. Dolphin Cove gained 25 cents to $12.75 with 25,377 shares changing hands, Honey Bun regained the 30 cents it lost on Thursday while trading 185,000 shares to close at $5.60, Iron Rock rose 20 cents in trading 139,156 shares and closed at $3.55. Knutsford Express had 2,110 units changing hands with a rise of 30 cents to close at $15, Lasco Distributors ended with 130,134 shares changing hands, but fell 16 cents close at $7.32, Lasco Financial ended with 41,389 shares changing hands at $3.35, Lasco Manufacturing closed at $5.01 with 250,219 shares trading.