Heavy trading hits Junior Market on Friday

Junior Market stock trading.

Trading on the Junior Market of the Jamaica Stock Exchange saw a major jump in the volume and value of securities traded on Friday as 35 securities changed hands and 47,537,916 units valued $199,478,180 traded.
Some special one-off trades executed by Sagicor Investments boosted the volume traded on Friday’s by more than 700 percent, up from 5,865,706 units valued at $32,690,340 clearing the market from 32 stocks trading on Thursday.
At the close, The Junior Market Index declined 22.76 points to close at 3,589.32 following the rise of 14 securities and declined of 14 with 7 left unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks closing with higher bids than their last selling prices and 3 ending with lower offers.
Trading ended with an average of 1,358,226 units for $5,699,377 for each security traded, in contrast to 183,303 units for an average of $1,021,573 on Thursday. The average volume and value for the month to date amounts to 308,109 units valued at $1,356,578 and previously 182,669 units valued at $837,814 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| Access Financial lost 50 cents in trading 480 shares to close at $42.50, AMG Packaging traded 1,000 shares, after rising 14 cents to end at $2.22, Blue Power climbed 50 cents and exchanged 52,410 shares at $9.50. CAC 2000 ended trading with 100 shares, after rising 15 cents to close at $15.15, Caribbean Flavours exchanged 4,867 shares, after rising 10 cents to end at $20. Consolidated Bakeries closed with a loss of 48 cents swapping 5,000 shares to settle at $1.90, Derrimon Trading closed 6 cents higher at $2.96, with 9,602,973 stock units changing hands, Express Catering climbed 3 cents in exchanging 27,600 shares to close at $6.40. Everything Fresh dipped 19 cents in trading of 20,216 units at $1.44, Elite Diagnostic shed 27 cents in trading of 93,833 units and ended at $6.75. Fosrich lost 10 cents trading of 175,196 units to close at $4.70, Fontana climbed 15 cents and exchanged 165,350 shares at $8.40, General Accident closed 89 cents higher at $5.90, with 1,027,500 stock units trading, Honey Bun fell 29 cents and ended market activity exchanging 1,560,020 shares to close at $6.21. iCreate climbed 5 cents and exchanged 50,000 shares at 80 cents, Indies Pharma dipped 10 cents in trading of 5,827,287 units at $3.40. Iron Rock Insurance ended trading with 5,000,300 shares, after rising 40 cents to end at $4.50, ISP Finance closed with a loss of $2 at $19, in exchanging 5,202 shares, Jamaican Teas closed trading of 366,635 units and gained 40 cents to end at $6. Jetcon Corporation lost 22 cents in trading 315,384 shares to close at a 52 weeks’ low of $1.58, Knutsford Express climbed 5 cents and exchanged 1,000 shares at $11.15, Limners and Bards shed 5 cents in trading of 312,043 units at $3.15, Lasco Distributors ended trading with 7,326,848 shares, after rising 17 cents to end at $3.47. Lasco Financial closed with a loss of 76 cents at $4.74, as 602,100 shares changed hands, Medical Disposables ended market activity exchanging 42,151 shares to close at $7.30 after falling 16 cents. Main Event exchanged 28,570 units and gained 90 cents to end at $7, Stationery and Office Supplies fell 50 cents, trading 69,105 units to close at $15 and tTech dropped $1.44 in trading of 22,730 units to finish at $6.55.

Prices of securities trading for the day are those at which the last trade took place.

Big drop in Junior Market index – Thursday

At the close on Thursday, the Jamaica Stock Exchange Junior Market pulled back from the record high reached on Wednesday and indications at the close suggest more declines are likely on Friday.
The market index dropped 50.86 points to close at 3,612.08, but the fall is not a sign that the market is heading to 4,300 points before moving on to 5,000 that technical indicators point to.
Securities trading on the Junior Market dipped to 32 from 31 on Wednesday, as prices of 13 rose, 16 declined and 3 remained unchanged. For the second trading session, the IC bid-offer indicator was flashing negative signs for the Market for the following trading day.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks closing with higher bids than their last selling prices and 7 closed with lower offers.
Market activities resulted in an exchange of 5,865,706 units valued at $32,690,340 compared to 5,851,203 units valued at $22,568,503 trading on Wednesday.
The average trade for the day was 183,303 units for an average of $1,021,573 in contrast to 188,748 units for an average of $728,016 on Wednesday. The average volume and value for the month to date amounts to 182,669 units valued at $837,814 and previously 182,591 units valued at $815,284 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| Access Financial lost 20 cents in trading of 5,621 units at $43, AMG Packaging declined by 17 cents in trading 71,500 units to close at $2.08, Blue Power closed trading of 69,292 units and gained 82 cents to end at $9, Caribbean Cream fell 60 cents in trading of 13,435 units at $4.60. Caribbean Producers closed trading of 10,448 units and gained 15 cents to end at $4.70, Express Catering closed with a loss of 12 cents at $6.37, in swapping 55,653 shares, Everything Fresh shed 7 cents in trading 14,800 units at $1.63, Elite Diagnostic fell 33 cents in trading of 113,448 units at $7.02. Fontana lost 25 cents in trading of 1,169,703 units in closing at $8.25, General Accident lost 58 cents in exchanging 1,036,720 units to end at $5.01, GWest Corporation closed 10 cents higher at $1.21, with 12,119 stock units trading, Honey Bun exchanged 119,616 shares, after rising 74 cents to end at $6.50. iCreate closed with a loss of 5 cents at 75 cents in swapping 82,674 shares, Indies Pharma shed 45 cents in trading of 78,680 units to settle at $3.50. ISP Finance jumped $5 to end at $21, trading 1,500 shares, Jamaican Teas exchanged 66,384 shares to close at $5.60 after falling 22 cents. Jetcon Corporation dipped 20 cents in trading of 75,436 units at $1.80, Knutsford Express fell 10 cents in trading of 500 units at $11.10. Limners and Bards traded 803,097 shares, after rising 10 cents to end at $3.20, Lasco Financial fell 50 cents in trading of 1,244,222 units at $5.50 after the company posted slightly lower first quarter profits, Lasco Manufacturing ended with a loss of 1 cent at $5.50 with 179,107 stock units changing hands. Stationery and Office Supplies fell 25 cents in trading of 17,150 units at $15.50 and tTech Limited climbed 49 cents in exchanging 166,068 shares at $7.99.

Prices of securities trading for the day are those at which the last trade took place.

New record for Junior Market – Wednesday

JM closed at a new record, on its way to 4,300 points & possibly 5,000.

The Junior Market of the Jamaica Stock Exchange continued higher in trading on Wednesday with the index jumping 48.55 points to a record close of 3,662.94 as it moves to 4,300 points before heading to 5,000. 
Securities trading on the Junior Market dipped to 31 from 33 on Tuesday, as prices of 17 rose, 18 declined and 6 remained unchanged. At the close IC bid-offer indicator was flashing negative signs for trading on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks closing with higher bids than their last selling prices and 8 stocks closing with lower offers.
Elite Diagnostic and Lasco Manufacturing ended trading at 52 weeks’ high while Lasco Financial traded at an intraday high of $7 but retreated to $6 at the close before the company posted slightly lower profit for the June quarter as interest cost and taxation reduced the slight improvement in operating profit flowing from 18 percent increased revenues. Market activities resulted in an exchange of 5,851,203 units valued at $22,568,503 compared to 6,250,912 units valued at $27,428,507 trading on Tuesday.
The average trade for the day was 188,748 units for an average of $728,016 in contrast to 189,422 units for an average of $831,167 on Tuesday. The average volume and value for the month to date amounts to 182,591 units valued at $815,284 and previously 181,761 units valued at $827,046 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| AMG Packaging declined by 7 cents in trading 37,500 shares to settle at $2.25, Blue Power ended trading with 70,897 shares, after rising 18 cents to end at $8.18, Caribbean Cream closed trading of 20,321 units and gained 60 cents to end at $5.20. Cargo Handlers lost 10 cents in trading 5,000 shares to close at 11.40 cents, Caribbean Producers dipped 20 cents in trading of 60,530 units at $4.55, Dolphin Cove climbed 5 cents in exchanging 359 shares at $12.05, Express Catering exchanged 49,900 shares, after rising 14 cents to end at $6.49. Everything Fresh fell 10 cents in trading 13,778 units to end at $1.70, Elite Diagnostic closed 35 cents higher at $7.35, with 70,811 stock units trading, Fosrich traded 48,910 units and gained 10 cents to end at $4.80, General Accident ended trading with 5,000 shares, after rising 19 cents to close at $5.59. GWest Corporation lost 19 cents trading 113,035 units at $1.11, Honey Bun close with a loss of $1.24 at $5.76, after swapping 214,611 shares, iCreate fell 9 cents trading of 126,485 units to end at 80 cents. Indies Pharma closed 20 cents higher at $3.95, with 67,901 stock units trading, Jamaican Teas closed trading of 66,120 units and gained 2 cents to end at $5.82, Jetcon Corporation exchanged 1,494 units and gained 15 cents to end at $2. Limners and Bards climbed 10 cents in exchanging 3,761,358 shares at $3.10. Lasco Distributors climbed 10 cents in trading 7,008 shares at $3.30, Lasco Financial lost 40 cents and ended market activity with 130,949 shares changing hands to close at $6, Lasco Manufacturing jumped $1.06, in trading 423,416 shares to close at $6.50, Medical Disposables closed trading of 14,304 units and gained 52 cents to end at $7.46. Main Event climbed 8 cents and exchanged 8,152 shares at $6.10, Paramount Trading had an exchange of 26,300 shares, after rising 5 cents to end at $2 and tTech closed trading of 71,942 units and gained 5 cents to close at $7.50.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market pulls back – Monday

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Stationery & Office Supplies hit new high after posting good Q2 results.

The Junior Market of the Jamaica Stock Exchange a breather, in trading on Monday, with the market index slipping 11.94 points to close at 3,589.03 with advancing stocks edging decliners.
Junior Market ended trading with 33 securities changing hands, compared to 29 on Friday, as prices of 15 securities rose, 13 declined and 5 remained unchanged.
Lasco Manufacturing that closed at $5.50 and Stationery and Office Supplies closing $15.69 ended trading at 52 weeks’ highs.  
Market activities resulted in an exchange of 5,270,328 units valued at $23,915,373 down 8 percent from 5,740,137 units valued at $27,712,664 trading on Friday.
The average trade for the day was 159,707 units for an average of $724,708 in contrast to 197,936 units for an average of $955,609 on Friday. The average volume and value for the month to date amounts to 180,478 units valued at $826,356 and previously 184,657 units valued at $846,809 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks closing with higher bids than their last selling prices and 2 closing with lower offers.
Stocks ending with price changes| AMG Packaging declined by 7 cents exchanging 31,174 shares to close at $2.25, Blue Power lost 53 cents to close at $8 in trading 6,814 shares, Caribbean Cream traded 25,000 units with a gain of 5 cents to end at $5.05, Caribbean Flavours gained $1.50 to end at $15.50 with 1,789 stock units changing hands. Cargo Handlers ended trading with 70,346 shares, after rising 55 cents to end at $11.50, Caribbean Producers dipped 5 cents in trading of 547,528 units at $4.75. Derrimon Trading lost 3 cents in trading of 68,000 units at $2.72, Express Catering closed 5 cents higher at $6.40, with 67,104 stock units trading. Everything Fresh declined 15 cents in trading of 62,793 units at $1.70. Elite Diagnostic dipped 27 cents in trading of 134,121 units at $6.50, Fosrich Group lost 5 cents in trading 638,359 shares to close at 4.80 cents, Fontana fell 5 cents in trading 186,905 units to close at $8.05, General Accident declined 57 cents in trading of 66,006 units at $5.42. Honey Bun closed 20 cents higher at $6.20, with 136,460 stock units trading. iCreate closed trading of 72,000 units and gained 5 cents to end at 90 cents, Indies Pharma ended with a loss of 1 cent at $3.50 with 116,868 stock units changing hands, ISP Finance climbed $1.35 to settle at $15 with 5,000 shares changing hands, Jamaican Teas ended trading with 147,621 shares, after rising 40 cents to end at $6.40. Jetcon Corporation closed 15 cents higher at $1.95, with 32,690 stock units trading, Knutsford Express traded 590 shares and declined 80 cents to settle at $11.20, The Limners and Bards lost 50 cents to settle at $3 in trading 1,193,400 shares. Lasco Distributors fell 6 cents in trading of 794,236 units to end at $3.40, Lasco Financial exchanged 65,884 shares and rose 55 cents to end at $6.55, Lasco Manufacturing closed trading of 421,033 units with a gain of 25 cents to end at $5.50. Medical Disposables climbed 50 cents and exchanged 6,500 shares at $7.50, Main Event ended trading with 40,125 shares, after rising 50 cents to end at $7 and Stationery and Office Supplies gained $1.89 to end at an all-time closing high of $15.69 with 40,390 stock units Changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market at new record high – Friday

New record high for the JSE Junior Market.

The record-breaking run by the Junior Market of the Jamaica Stock Exchange continued, in trading on Friday, with the market index rising 20.53 points to close at 3,600.97 pushing the gain for the market in 2019 to 11 percent.
The Junior Market ended with 29 securities changing hands, compared to 31 on Thursday, as prices of 13 securities rose, 12 declined and 5 remained unchanged. At the close, three stocks closed at 52 weeks’ highs, General Accident at $5.99, Lasco Manufacturing at $5.25, Stationery and Office Supplies  trading at an all-time high of $13.80. Lasco Financial traded at a 52 weeks’ high of $6.97 but ended at $6 at the close.
Market activities resulted in an exchange of 5,740,137 units valued at $27,712,664 up 25 percent from 4,594,972 units valued at $22,321,170 on Thursday.
The average trade for the day was 197,936 units at $955,609 for each security traded, in contrast to 139,242 units for an average of $676,399 on Thursday. The average volume and value for the month to date amounts to 184,657 units valued at $846,809 and previously 181,805 valued at $823,437 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows one stock closing with a higher bid than the last selling price and one closing with a lower offer.
Stocks ending with price changes| AMG Packaging closed trading of 69,200 units and  Stationery & Office Supplies hit a record high of $13.80 on Friday.gained 2 cents to end at $2.32, Blue Power declined 97 cents in trading 18,722 units at $8.53,
Stationery & Office Supplies hit a record high on Friday.

Stationery & Office Supplies – Montego Bay office.

Cargo Handlers dropped $1.05 trading 20,142 shares to close at $10.95, Caribbean Cream closed trading of 2,000 units and gained 5 cents to end at $5. Caribbean Producers ended trading with 210,651 shares, after rising 1 cent to end at $4.80, Consolidated Bakeries lost 5 cents in trading of 97,399 units at $2.35, Everything Fresh closed 4 cents higher at $1.85, with 50,351 stock units trading, Elite Diagnostic ended trading with 12,715 shares, after rising 27 cents to end at a record high of $6.77. Fosrich Group fell 8 cents in trading of 43,831 units at $4.85, Fontana lost 20 cents trading 515,929 shares to close at $8.10, General Accident closed trading of 1,065,500 units and gained 59 cents to end at 52 weeks’ high of $5.99, GWest Corporation dipped 10 cents in trading of 600 units at $1.30. iCreate closed trading of 24,831 units and gained 5 cents to end at 85 cents, Indies Pharma rose 21 cents to end at $3.51 while trading of 31,777 units, Iron Rock Insurance traded 48,900 shares and gained 10 cents to end at $4.10, Jamaican Teas exchanged 73,755 shares to close at $6 after falling 85 cents. Jetcon Corporation lost 20 cents in trading of 5,000 units at $1.80, KLE Group climbed 57 cents after exchanging 100 shares at $2.30, Limners and Bards lost 20 cents trading of 2,335,719 units at $3.50, Lasco Distributors exchanged 99,503 shares to close at $3.46 after falling 29 cents. Lasco Financial lost 50 cents in trading of 60,054 units to settle at $6, Lasco Manufacturing ended trading with 432,852 shares, after rising 9 cents to end at 52 weeks’ closing high of $5.25, Medical Disposables ended with a loss of 1 cent at $7 with 4,446 stock units changing hands. Stationery and Supplies climbed $1.80 to end at a record high of $13.80 with 55,145 shares changing hands after the company posted record half-year results and tTech Limited climbed 43 cents and exchanged 27,924 shares at $6.93, following the release of the half-year results.

Prices of securities trading for the day are those at which the last trade took place.

First drop in 12 days for Junior Market

The record-breaking run by the Junior Market of the Jamaica Stock Exchange was halted, in trading on Wednesday, with the market index declining 28.31 points to close at 3,540.54 for the first fall in 12 days.
Junior Market ended trading with 35 securities changing hands, down from 32 on Monday, as prices of 13 securities rose, 15 declined and 7 remained unchanged.
At the close, Limners and Bards ended at a record close of $3.94, but traded as high as $4.51, Elite Diagnostic closed at a record high of $6.50, after trading as high as $7. Jamaican Teas traded at an intra-day record of $8 but closed at a record closing high of $7.95, Lasco Financial traded at a 52 weeks’ high of $6.50 and Lasco Manufacturing ended at a 52 weeks’ high of $5.16.
Market activities resulted in an exchange of 7,903,203 units valued at $35,396,687 compared to 5,633,068 units valued at $25,345,257 on Monday.
Trading ended with an average of 225,806 units for an average of $1,011,334 in contrast to 176,033 units for an average of $792,039 on Monday for each security traded. The average volume and value for the month to date amounts to units 195,575 valued at 871,008 in contrast to 179,783 shares valued at $797,704 for each security traded. July ended with an average of 138,412 units with a value of $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks closing with bids higher than their last selling prices and one closed with a lower offer.
Stocks trading| Access Financial dropped $4.75 to end at $43.2, after trading 288 shares, AMG Packaging lost 5 cents to settle at $2.25 with 123,847 shares changing hands, Blue Power shed 70 cents to end at $10 with 35,540 stock units trading, CAC 2000 fell $1 to end at $15 with 470 stock units trading. Caribbean Cream lost 30 cents to end at $4.20 with 26,162 shares changing hands, Caribbean Flavours declined $2.10 trading of 500 units to close at $14, Cargo Handlers ended trading of 8,946 shares after rising $1 to end at $12, Caribbean Producers settled at $4.80 with 184,295 shares changing hands. Consolidated Bakeries added 30 cents trading of 82,874 units to close at $2.50, Dolphin Cove closed at $12.05 trading 2,000 stock units, Derrimon Trading climbed 40 cents in trading of 50,000 units to close at $3. Everything Fresh lost 1 cent in exchanging 56,359 shares at $1.58, Elite Diagnostic ended trading with 121,813 shares, after rising 10 cents to end at 52 weeks’ high of $6.50, Express Catering shed 15 cents in trading 108,769 units at $6.35, Fontana lost 10 cents to settle at $8.50 with 424,202 shares changing hands. Fosrich Group closed trading with 142,396 units after falling 32 cents to end at $4.61, General Accident closed trading of 109,600 units at $5.40, Honey Bun climbed 40 cents to settle at $5.40 with 124,500 shares changing hands, iCreate closed at 80 cents, with 26,526 stock units trading, Indies Pharma rose 50 cents in trading of 326,867 units at $3.71. Iron Rock Insurance closed trading of 261,345 units at $4, ISP Finance jumped $2.15 in trading of 500 units at $13.65, Jamaican Teas rose 95 cents in trading 155,984 units at record closing high of $7.95, Jetcon Corporation climbed 4 cents in exchanging 2,287 shares at $2. Knutsford Express settled at $12 with 2,653 shares changing hands, Limners and Bards added 4 cents and exchanged 4,245,953 shares to end at a record close of $3.94. Lasco Distributors rose 31 cents trading 62,793 shares to close at $3.46, Lasco Financial closed trading of 192,840 units and gained 53 cents to end at 52 weeks’ high of $6.50, Lasco Manufacturing climbed 76 cents in exchanging 880,251 shares to end at a 52 weeks’ closing high of $5.16. Medical Disposables ended trading of 32,090 shares, after rising $1.80 to end at $7 after the company reported slightly lower profit in the first quarter, to June. Main Event ended market activity exchanging 7,360 shares to close at $7 after falling 84 cents, Paramount Trading shed 40 cents trading of 2,000 units to close at $1.80, and Stationery and Office Supplies closed trading of 2,664 units and shed 59 cents to end at $12 and tTech settle at $6 with 43,529 shares changing hands.                                           

Prices of securities trading for the day are those at which the last trade took place.

Junior Market hits new record high

New record high for the JSE main market.

The Junior Market of the Jamaica Stock Exchange in trading on Monday with the market closing at a new record high, with the index rising 31.64 to close at 3,569 with a 10 percent gain for the year.
Junior Market ended trading with 32 securities changing hands, down from 35 on Friday, as prices of 14 securities rose, 12 declined and 6 remained unchanged.
At the close, Limners and Bards ended at a record close of $3.90, Elite Diagnostic closed at a record high of $6.40, General Accident closed at a 52 weeks’ high of $5.40, Lasco Financial traded at a 52 weeks’ high of $5.97 but Jamaican Teas traded at an intra-day record of $7.50 but pulled back after.
Market activities resulted in an exchange of 5,633,068 units valued at $25,345,257 compared to 6,412,413 units valued at $28,100,938 on Friday.
Trading ended with an average of 176,033 units for an average of $792,039 in contrast to 183,212 units for $802,884 on Friday for each security traded. The average volume and value for the month to date amounts to units 179,783 valued at $797,704. July ended with an average of 138,412 units with a value of $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks closing with bids higher than their last selling prices and 2 closed with lower offers.
Stocks ending with price changes| Blue Power lost 1.80 cents in trading 128,748 shares to close at  $10.70, Caribbean Flavours declined $1.06 in trading of 43,842 units to close at $16.10, Caribbean Cream climbed 25 cents and exchanged 1,000 shares at $4.50, Cargo Handlers ended trading 978 shares, after rising 3 cents to end at $11. Consolidated Bakeries shed 10 cents in trading of 55,878 units at $2.20, Dolphin Cove closed 5 cents higher at $12.05, with 3,122 stock units trading, Derrimon Trading shed 20 cents in trading of 331,272 units to close at $2.60, Express Catering shed 20 cents in trading 139,420 units at $6.50. Everything Fresh climbed 24 cents and exchanged 166,102 shares at $1.59. Elite Diagnostic ended trading with 29,406 shares, after rising 18 cents to end at 52 weeks’ high of $6.40, Fosrich Group closed trading with 32,427 units and gained 3 cents to end at $4.93. General Accident closed trading of 100,100 units and gained 50 cents to end at a 52 weeks’ high of $5.40, iCreate closed 10 cents higher at 80 cents, with 72,719 stock units trading, Indies Pharma dipped 9 cents in trading of 439,404 units at $3.21, Iron Rock Insurance shed 5 cents in trading of 23,919 units at $4. Infrequently traded ISP Finance dropped $2.15 in trading of 26,659 units at $11.50, Jamaican Teas lost 26 cents in trading of 220,533 units at $7, Jetcon Corporation climbed 3 cents in exchanging 61,340 shares at $1.96. Limners and Bards climbed 15 cents and exchanged 2,638,421 shares to end at a record close of $3.90. Lasco Distributors lost 25 cents trading 135,609 shares to close at $3.15, Lasco Financial closed trading of 129,841 units and gained 47 cents to end at 52 weeks’ high of $5.97, Lasco Manufacturing climbed 15 cents in exchanging 125,484 shares at $4.40, Medical Disposables ended trading 100 shares, after rising 80 cents to end at $8.80. Main Event ended market activity exchanging 6,210 shares to close at $7.84 after falling 11 cents, Paramount Trading shed 18 cents in trading of 15,000 units to close at $2.20, and Stationery and Office Supplies closed trading of 386 units and gained 39 cents to end at $12.59.

Prices of securities trading for the day are those at which the last trade took place.

Record run continues for Junior Market

Investors’ attention is now focused on the Junior Market with their buying interest lifted it 16 percent, from this year’s low and pushed the market to a second day close, at a record high of 3,462.54 after rising 21.62 points.
At the close, The Lab climbed to $3.50 but ended at a record close of $3.15, Jamaican Teas ended at a record close of $5.65 and Stationery and Office Supplies closed at a record high of $12.65.
Trading ended with 32 securities changing hands, down from 36 on Tuesday, as prices of 16 securities advanced, 8 declined and 8 remained unchanged.
 Market activities resulted in an exchange of 16,230,256 units valued at $62,517,388 compared to 6,233,349 units for $30,586,927 on Tuesday.
Trading ended with an average of 479,173 units for an average of $2,057,215 in contrast to 450,840 units for an average of $1,736,594 on Tuesday. The average volume and value for the month to date amounts to 138,412 units with a value of $563,215 for each security traded, compared to 119,198 units with a value of $473,306 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks closing with bids higher than their last selling prices and 2 closed with lower offers. Stocks ending with price changes| AMG Packaging lost 8 cents in trading 89,430 shares to close at $2.27, Blue Power declined $1.20 in trading of 57,206 units to close at $13, Caribbean Cream exchanged 161 stock units and rose 29 cents higher to $5.29, Caribbean Flavours climbed 4 cents exchanging 1,778 shares at $16.10. Cargo Handlers lost 95 cents in trading of 200 units at $10, Caribbean Producers closed 1 cent higher at $4.80, with 52,587 stock units trading, Caribbean Producers ended trading with 52,587 shares, after rising 1 cent to end at $4.80, Consolidated Bakeries ended trading with 42,456 shares, after rising 11 cents to end at $2.20. Dolphin Cove ended trading with 1,200 shares, after rising 5 cents to close at $12.05, Express Catering climbed 25 cents and exchanged 242,715 shares to close at $6.50. Everything Fresh ended trading of 44,175 shares, after rising 11 cents to end at $1.31, Elite Diagnostic closed 5 cents higher at $5.70, with 252,600 stock units trading. Fosrich Group dipped 26 cents in trading of 32,841 units to end at $4.70, Fontana closed trading of 335,330 units and gained 25 cents to end at $8.75, GWest Corporation ended with a loss of 1 cent at $1.54 with 38,657 stock units changing hands, Indies Pharma lost 10 cents in trading of 69,350 units at $3.10. Jamaican Teas closed trading of 49,450 units and gained 65 cents to end at record closing high of $5.65, Knutsford Express climbed $1.52 to settle at $12.50 with 340,610 shares changing hands, Limners and Bards climbed 15 cents and exchanged 5,684,628 shares to end at a record closing high of $3.15. Lasco Distributors climbed 18 cents trading 513,676 shares to end at $3.33, Lasco Financial closed trading of 6,941,822 units and climbed 55 cents to end at $5.15, Lasco Manufacturing lost 15 cents in trading 50,166 units to close at $4.20. Iron Rock Insurance closed with a loss of 10 cents at $4, in swapping 59,344 shares, Stationery and Office Supplies gained $1.25 to end at a record high of $12.65, in trading 1,154 stock units and tTech ended trading of 10,410 shares, after rising 10 cents to close at $6.

Prices of securities trading for the day are those at which the last trade took place.

3 days listing triples the Lab’s value

Investors in the advertising agents, Limners and Bards (the Lab) saw their investment tripling, with just three days of listing on the Junior Market, helping to push the market index to a record closing high.
The Lab that went to the market at an IPO price of $1, climbed to $3 at the close of trading on Tuesday since listing on Friday.
The stock is one of 36 securities changing hands on Tuesday, just outpacing the 34 that traded on Monday, as prices of 20 securities advanced, 10 declined and 6 remained unchanged.
 At the close, the Junior Market Index surged 56.51 points to close at record closing high of 3,440.92, surpassing the 3,436.31 points reached on September 20 last year and is now up 6 percent for the year, after falling as high as 9.6 percent
Market activities resulted in an exchange of 16,230,256 units valued at $62,517,388 compared to 6,233,349 units for $30,586,927 on Monday.
Trading ended with an average of 450,840 units for an average of $1,736,594 in contrast to 183,334 units for an average of $899,616 on Monday. The average volume and value for the month to date amounts to 119,198 units with a value of $473,306 for each security traded, compared to 100,126 units with a value of $397,886 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks closing with bids higher than their last selling prices and 3 closed with lower offers.
Stocks ending with price changes| AMG Packaging climbed 25 cents in exchanging 211,701 shares at $2.35, Blue Power closed with a loss of 20 cents at $14.20, in swapping of 97,552 shares, CAC2000 closed 95 cents higher at $15.90, with 300 stock units trading. Caribbean Cream climbed 7 cents and exchanged 10,200 shares at $5, Caribbean Flavours ended with a loss of 1 cent at 16.06 with 222 stock units changing hands, Consolidated Bakeries closed 9 cents higher at $2.09, with 82,817 stock units trading, Dolphin Cove lost 5 cents in trading of 23,890 units to close at $12. Derrimon Trading declined 10 cents in trading of 29,570 units to end at $2.60, Express Catering declined 5 cents in trading of 126,784 units at $6.25, Everything Fresh shed 10 cents in trading of 68,688 units at $1.20, Elite Diagnostic closed trading of 47,406 units and gained 25 cents to end at $5.65. Fosrich Group ended trading with 68,472 shares, after rising 26 cents to end at $4.96, Fontana ended trading with 1,382,871 shares, after rising 10 cents to end at $8.50. General Accident traded 77,987 shares, after rising 5 cents to end at $4.55, GWest Corporation gained 1 to end at $1.55, trading 4,000 shares, Honey Bun climbed 5 cents in exchanging 27,032 shares at $5.35, Indies Pharma closed 14 cents higher at $3.20, with 112,635 stock units trading. Jamaican Teas closed trading of 941,400 units and gained 25 cents to end at $5, Jetcon Corporation fell 25 cents in trading of 33,752 units at $1.70, Knutsford Express lost 2 cents in trading of 12,000 units at $10.98, Lasco Financial ended trading with 1,427,673 shares, after rising 1 cent to end at $4.60. Lasco Manufacturing ended trading 133,549 shares, after rising 15 cents to end at $4.35, Limners and Bards closed 85 cents higher at $3, with 9,233,651 stock units trading, Medical Disposables ended trading of 11,800 shares, after rising 50 cents to end at $7.50, Main Event lost 35 cents in trading of 5,000 units at $7. Paramount Trading closed trading of 1,000 units and gained 10 cents to end at $2.40, Iron Rock Insurance closed trading of 7,046 units and gained 20 cents to end at $4.10. Stationery and Office Supplies declined 80 cents to settle at $11.40 after trading 5,000 shares, Sweet River ended trading with 4,000 shares, after rising 19 cents to end at $2.75, tTech ended trading of 19,690 shares, after rising 70 cents to end at $5.90.

Prices of securities trading for the day are those at which the last trade took place.

Record high for junior Market

The Junior Market of the Jamaica Stock Exchange has gained 58 points to reach a record high of 3,442.41, after just over two hours of trading and is now above the record closing high reached on September 20, 2018, of 3,436.31.
The Lab traded at $3 to record a 200 percent gain since the IPO and the listing on Friday. There are currently 2.6 million units on the bid at $3 as investors bought 2.4 million so far.
Main Market stocks are also up, with the two main indices of the main market posting strong gains. The JSE Main Index rose 4,010.36 to 515,449.60 and the All Jamaican Composite Index added 4,413.11 points to trade at 566,127.10.