The All Jamaican Composite Index of the Jamaica Stock Exchange cleared the 350,000 points mark for the first time in rising 3,091.53 points at minutes after mid-day on Thursday to reach 350,098.64.
The JSE Index rose 2,816.73 points to 318,979.73 points but the Junior Market dropped a sharp 61.57 points to 3,172.87 points.
The main market pulled back somewhat after 12:15 and the junior market cut some of its losses, as Indies Pharma traded 2.2 million shares at $2.60 but Caribbean Producers traded 11.6 million units at $6.60.
More record high for JSE
August 23, 2018 by
Junior Market trades at 15 months’ high
August 22, 2018 by
The Junior Market, closed on Wednesday at the highest level in more than 15 months with the June 9 close last year of 3,253.52 bettering today’s close of 3,234.44 in the market index which rose 25.41 points to be up 18.4 per cent for 2018 to date.
With moves over the past week, the market sentiment is now switched to bullish from consolidating. The two immediate targets are the 3,350 points level and then the 3,800 points, both being resistance points. The upward movement of the market would be consistent with the PE ratio of the market being revalued to at least match the 2017 year end of an average of the two markets of 14.5 times that year’s earnings.
The market closed with high level of 30 securities changing hands, compared to 24 on Tuesday, resulted in the prices of 14 securities advancing, 7 declining and 9 remaining unchanged.
The day’s trading to 4,168,953 units valued at $12,484,663, compared to 8,895,088 units valued at $105,891,017 on Tuesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, none closed with a lower offer.
Trading closed with an average of 114,533 units for an average of $433,954 in contrast to 173,706 units for an average of $520,194 on Tuesday. The average volume and value for the month to date amounts to 242,183 units valued at $1,213,417, compared to 247,889 units valued at $1,271,186 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial closed with a loss of $1.70 at $45, trading 500 shares, AMG Packaging ended trading 66,295 stock units at $1.90, Blue Power concluded trading 2,694 units at $47, Caribbean Cream ended at $5.30, trading 2,000 shares, Caribbean Flavours jumped $1.50 to a 52 weeks’ high of $15.50, with 775 stock units changing hands. Caribbean Producers finished trading 10 cents higher at $7, exchanging 85,673 units, Consolidated Bakeries closed 1 cent higher at $2.50, with 10,000 shares, Derrimon Trading concluded trading of 5,877 shares at $21, Elite Diagnostic settled 10 cents higher at $3, in exchanging 34,150 units. Everything Fresh traded 80,360 shares and ended with a gain of 5 cents at $2.38,
Express Catering traded 50 cents higher at $8.65, with 52,700 shares, FosRich Group finished trading 9,750 shares at $3, GWest Corporation ended at $2.17, after 91,280 units changed hands, Honey Bun concluded trading of 700 shares and rose 7 cents to $4.50. Indies Pharma traded 984,697 shares and lost 1 cent to end at $2.49 after trading at a new intraday high of $2.60, Iron Rock finished with a loss of 15 cents at $3.35, exchanging 20,000 shares, Jamaican Teas ended trading at $4.20, with 1,500 stock units passing through the exchange, Jetcon Corporation traded 1,233,200 units and rose 9 cents to end at $4.14, Key Insurance finished trading 1,000 shares with a loss of 11 cents at $3.05. KLE Group closed at $3, with 8,800 shares, Knutsford Express ended $1.14 higher at $12.50, trading 26,715 shares, Lasco Distributors concluded trading of 196,429 stock units after rising 30 cents to $3.95, Lasco Financial finished 37 cents higher at $5.90, trading 67,626 units. Lasco Manufacturing settled at $4, with 326,871 shares changing hands, Main Event ended trading with a loss of 36 cents at $6.75, with 5,673 shares, Medical Disposables traded 56,449 shares with a loss of 5 cents at $5.10, Paramount Trading finished trading 11,503 stock units and rose 80 cents to $3, Stationery and Office closed with a loss of 50 cents at $8.50, after 4,188 units changing hands and tTech concluded trading of 1,200 shares and rose 1 cent higher to $5.01. In the junior market preference segment, Eppley 9.5% finished trading 47,388 shares at $5.98.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market at 9-1/2 months’ high
August 21, 2018 by
Indies traded at a closing high of $2.50 on Tuesday.
The Junior Market, closed on Tuesday with a big jump in the market index of 35.94 points to 3,209.03 the highest level in nine. The market closed with 24 securities changing hands, compared to 22 on Monday, resulted in the prices of 13 securities advancing, 7 declining and 4 remaining unchanged.
The day’s trading to 4,168,953 units valued at $12,484,663. compared to 8,895,088 units valued at $105,891,017 on Monday.
Two stocks, Express Catering and newly listed Indies Pharma traded at a 52 weeks’ high.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 3 stocks ending with bids higher than their last selling prices, 2 closed with lower offers.
Trading closed with an average of 173,706 units for an average of $520,194 in contrast to 342,119 units for an average of $4,072,731 on Monday. The average volume and value for the month to date amounts to 242,183 units valued at $1,213,417, compared to 247,889 units valued at $1,271,186 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, AMG Packaging ended with a loss of 5 cents at $1.90, trading 52,000 stock units, Caribbean Cream ended trading 10,000 shares with a loss of 45 cents to close at $5.30, Caribbean Producers closed 22 cents higher at $6.90, trading 1,341 units, Consolidated Bakeries climbed 32 cents higher to $2.49, with 50,000 shares changing hands, C2W Music rose by 3 cents to $1.75, with 675,500 shares. Derrimon Trading concluded trading of 9,810 shares after climbing $2.50 to $21, Elite Diagnostic settled at $2.90, in exchanging 18,382 units, Eppley ordinary share ended trading of 9,746 shares and gained $1 to $10.18, Everything Fresh traded 638,665 shares and ended with a gain of 4 cents at $2.33, Express Catering traded with a loss of 85 cents at $8.15, with 19,715 shares changing hands. FosRich Group traded 36,802 shares at $3, General Accident closed with a loss of 29 cents at $3.61, while trading 10,890 stock units, Honey Bun concluded trading of 1,700 shares, 13 cents higher at $4.43, Indies Pharma traded 1,450,417 shares and gained 10 cents to end at an all-time closing high of $2.50, 
Jamaican Teas ended trading 5 cents higher at $4.20, with 36,539 stock units changing hands. Jetcon Corporation traded 21,454 shares and rose 1 cent to $4.05, Lasco Distributors concluded trading with a loss of 35 cents at $3.65, with 511,407 stock units changing hands, Lasco Financial finished with a loss of 37 cents at $5.53, with 48,600 units, Lasco Manufacturing settled 20 cents higher at $4, trading 91,205 shares. Main Event ended trading of 1,123 shares and rose 61 cents to $7.11, Medical Disposables traded 450,000 shares and lost $1.35 cents to close at $5.15, Paramount Trading finished trading 10 cents higher at $2.20, with 6,200 stock units and Stationery and Office gained 50 cents to end at $9, in 9,457 shares. In the junior market preference segment, Eppley 8.75% settled $6.06 with 8,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market volume jumps on Monday
August 20, 2018 by
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Derrimon Trading traded $5m shares on monday
Trading on the Junior Market, ended with big rise to 8,895,088 units valued at $105,891,017 changing hands, compared to 3,738,180 units valued at $13,115,097 on Friday.
Trading was dominated by Derrimon Trading exchanging 5 million, followed by Indies Pharma with 1.6 million units and Lasco Distributors with 1.3 million shares.
At the close the market index pulled back 20.16 points to 3,173.09 with 26 securities changing hands, compared to 27 on Friday and resulting in the prices of 8 securities advancing, 6 declining and 12 remaining unchanged.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 6 stocks ending with bids higher than their last selling prices, 1 closed with a lower offer.
Trading closed with an average of 342,119 units for an average of $4,072,731 in contrast to 138,451 units for an average of $485,744 on Friday. The average volume and value for the month to date amounts to 247,889 units valued at $1,271,186, compared to 238,538 units valued at $993,170 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial traded 5,120 shares and closed at $46.70, AMG Packaging ended at $1.95, exchanging 258,014 stock units, Blue Power concluded trading at $47, trading 2,379 units, CAC 2000 finished trading 20,133 shares at $9, Caribbean Flavours traded 3,540 stock units and climbed $1. Caribbean Producers finished trading 36,198 units with a loss of 17 cents at $6.68, with, Derrimon Trading concluded exchanging 5,004,435 shares and dropped $1.40 cents to close at $18.50, but traded as high as $30 during the day. Dolphin Cove finished at $17, with 683 stock units, Elite Diagnostic settled at $2.90, with 56,166 units. Everything Fresh traded 81,495 shares and ended with a loss of 21 cents at $2.29, Express Catering traded 26,865 shares and rose 10 cents to a closing 52 weeks’ high of $9, 
FosRich Group finished trading 19,150 shares at $3, General Accident closed 70 cents higher at $3.90, trading 115,002 stock units, GWest Corporation ended at $2.17, with 42,840 units. Honey Bun concluded trading 10 cents higher at $4.30, with 36,000 shares, Indies Pharma traded 1,628,679 shares in gaining 4 cents and ended at an all-time closing high of $2.40, but traded earlier as high as $2.50, Jamaican Teas ended trading with a loss of 14 cents at $4.15, with a transfer of 16,610 stock units, Jetcon Corporation traded with a loss of 6 cents at $4.04, with 33,684 units changing hands, KLE Group closed at $3, with 54,384 shares. Knutsford Express ended at $11.36, with 9,546 shares, Lasco Distributors concluded trading 1,300,907 stock units and rose 15 cents to $4, Lasco Financial rose 40 cents to end at $5.90, with 48,997 units, Lasco Manufacturing settled with a loss of 10 cents at $3.80, trading 8,100 shares. Main Event ended trading at $6.50, with 3,100 shares, Medical Disposables traded 12,005 shares to close at $6.50 and Stationery and Office closed 40 cents higher at $8.50, with 71,056 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Falling Junior stocks edged out rising ones
August 17, 2018 by
Derrimon Trading. shares dropped $5.60 to $19.90 on Friday.
Trading on the Junior Market, with market index slipping just 6.38 points to 3,193.25 with 27 securities changing hands, compared to 25 on Thursday, resulting in 9 securities advancing, 11 declining and 7 remaining unchanged.
The day’s trading to 3,738,180 units valued at $13,115,097 compared to 22,380,747 units valued at $56,082,379 on Thursday.
Two stocks, Express Catering and newly listed Indies Pharma traded at a 52 weeks’ high.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 2 closed with lower offers.
Trading closed with an average of 138,451 units for an average of $485,744 in contrast to 828,917 units for an average of $2,077,125 on Thursday. The average volume and value for the month to date amounts to 238,538 units valued at $993,170, compared to 174,894 units valued at $1,111,004 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial closed at $46.70, in exchanging 11,965 shares, AMG Packaging ended at $1.95, with 20,000 stock units changing hands, Blue Power concluded trading at $47, with 600 units, CAC 2000 finished with a loss of 55 cents at $9, with just 600 shares trading, Cargo Handlers rose 5 cents to $10.94, with 23,800 shares. Caribbean Cream lost 5 cents to end at $5.75, trading 4,065 shares, Caribbean Producers finished trading at $6.85, with 17,622 units, Derrimon Trading suffered a big fall, concluding trading with a loss of $5.60 to $19.90, with 45,084 shares changing hands, Dolphin Cove added 50 cents to close at $17, trading 1,500 stock units. Elite Diagnostic settled 5 cents higher at $2.90, with 90,264 units changing hands, Everything Fresh traded 118,444 shares and ended with a gain of 25 cents at $2.50, to be back at the IPO price, Express Catering traded 40,113 shares after rising 61 cents to a 52 weeks’ closing high of $8.90, FosRich Group finished trading 112,934 shares after rising 25 cents to $3, General Accident closed with a loss of 50 cents at $3.20, exchanging 64,073 stock units. GWest Corporation fell 10 cents to $2.17, with 53,435 units traded, 
Honey Bun concluded trading with a loss of 30 cents at $4.20, with 13,200 shares, Indies Pharma traded 2,038,664 shares gaining 11 cents and closed at an all-time high of $2.36, Jamaican Teas ended trading 29 cents higher at $4.29, trading 66,655 stock units, Jetcon Corporation traded 322,018 units with a loss of 1 cent at $4.10, KLE Group closed at $3, exchanging 45,000 shares, Lasco Distributors concluded trading 512,100 stock units with a loss of 14 cents at $3.85, Lasco Financial finished with a loss of 30 cents down to $5.50, with 86,600 units, Lasco Manufacturing settled with a loss of 10 cents at $3.90, with 9,390 shares. Main Event ended trading 5,000 shares with a rise of 25 cents to $6.50, with, Medical Disposables closed at $6.50 higher with 2,776 shares changing hands, Paramount Trading ended at $2.10, trading 1,400 shares and Stationery and Office finished trading with a loss of 87 cents to $8.10, with 30,878 stock units trading.
Prices of securities trading for the day are those at which the last trade took place.
Indies trades 21m shares on Junior Market
August 16, 2018 by
The chairman and founder of Indies Pharma
On the second day of listing of the most recent addition to the Junior Market, Indies Pharma traded on Thursday and closed with a gain of 75 cents to close with a gain of 50 percent on the IPO price of $1.50.
In the end, Indies traded 21.2 million units, helping to push the day’s trading to 22,380,747 shares valued at $56,082,379 compared to 2,963,010 units, valued at $8,928,557 on Wednesday.
The Junior market index 37.74 points to close at 3,199.63 with 27 securities changing hands, compared to 25 on Tuesday. Trading resulted in the prices of 13 securities advancing, 6 declining and 8 remaining unchanged. Two stocks traded at a 52 weeks’ high but drifted back at the close and one ended the day at a 52 weeks’ low.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 3 closed with lower offers.
Trading closed with an average of 828,917 units for an average of $2,077,125 in contrast to 118,520 units for an average of $357,142 on Wednesday. The average volume and value for the month to date amounts to 174,894 units valued at $1,111,004, compared to 182,596 units valued at $994,997 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial closed at $46.70, trading 500 shares, Blue Power concluded trading $2 higher at $47, in the exchange of 2,728 units, Cargo Handlers settled at $10.89, with 3,665 shares changing hands, Caribbean Cream ended trading of 29,762 shares at $5.80, Caribbean Producers finished trading 74,861 units at $6.85. Derrimon Trading concluded trading of 116,160 shares at $25.50, but hit a new high of $30 during trading, Elite Diagnostic settled with a loss of 5 cents at $2.85, exchanging 77,748 units, Eppley ended trading with a loss of 78 cents close at $9.18, with 430 shares, Everything Fresh traded 36,000 shares and ended with a gain of 15 cents at $2.25 as investors continue to respond positively to half year results showing profit of 4 cents per share for the June quarter on rising gross profit margin. Express Catering traded 14 cents higher at $8.29, with 1,600 shares. FosRich Group finished trading of 8,000 shares with a loss of 1 cent at $2.75, General Accident traded at a 52 weeks’ high of $5 but closed at $3.70, with 41,607 stock units, Honey Bun concluded trading 700 shares at $4.50, Iron Rock finished 25 cents higher at $3.50, with 134,006 shares. 
Jetcon Corporation traded 16,842 units and rose 6 cents to $4.11, Key Insurance finished trading at $3.16, with 2,950 shares, Knutsford Express ended 1 cent higher at $11.36, after 3,000 shares traded, Lasco Distributors concluded trading of 62,800 stock units and added 4 cents to close at $3.99. Lasco Financial finished at $5.80, exchanging 354,663 units, Lasco Manufacturing settled for a rise of 10 cents to $4, with 78,339 shares, Main Event ended trading 107,682 shares and rose 44 cents to end at $6.25, Medical Disposables traded 1 cent higher at $6.50, with 3,024 shares. Paramount Trading dropped 60 cents to end at a52 weeks’ low of $2.10, trading 3,600 stock units, Stationery and Office closed with a loss of 3 cents at $8.97, with 8,060 units and tTech concluded trading of 15,440 shares and climbed 50 cents to $5.
Prices of securities trading for the day are those at which the last trade took place.
All Indies trades cancelled at end of play
August 15, 2018 by
The most recent Junior Market Indies Pharma started trading on Wednesday and closed with a gain of 80 cents to closed with a gain of 53 percent on the IPO price of $1.50. The stock opened at $2.50 but drifting lower during the day to close at $2.30, well that is what the stock exchange trading platform showed.
None of that mattered in the end as all 774,145 shares that was recorded as trading were cancelled.
But there is something awfully wrong wat the JSE, this problem has been occurring ever since the exchange introduced the current trading platform. First, the rule that limit prices to no more than 30 percent in a day is outmoded. Secondly, just about all new junior market listings have traded well above the limit on opening day sending a clear message that the limit at least for new listings made no sense. The exchange management is clearly behind the market place and need to step up the demands of the market.
The Junior market index climbed 26.04 points to close at 3,161.89 with 25 securities changing hands, compared to 25 on Tuesday. At the close, the prices of 8 securities advanced, 10 declined and 7 remained unchanged with one stock closing at a 52 weeks’ low. Trading resulted in 2,963,010 units valued at $8,928,557 changing hands compared to 1,564,416 units valued at $8,693,578 on Tuesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 7 stocks ending with bids higher than their last selling prices, 2 closed with lower offers.
Trading closed with an average of 118,520 units for an average of $357,142 in contrast to 62,577 units for an average of $347,743 on Tuesday. The average volume and value for the month to date amounts to 174,894 units valued at $918,332, compared to 182,596 units valued at $994,997 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial jumped $10.70 and closed at $46.70, with only 1,407 shares changing hands, CAC 2000 concluded trading 96,403 units $1.55 higher at $9.55, Caribbean Cream traded just 650 shares and climbed $1.08 to $5.80, Caribbean Flavours dropped $1.50 to $13, trading 4,854 shares, Caribbean Producers traded with a loss of 4 cents at $6.85, after 7,700 stock units were exchanged, Consolidated Bakeries finished trading at $2.17, with 13,000 units. C2W Music closed with a loss of 3 cents at $1.72, exchanging 20,000 shares, Elite Diagnostic gained 5 cents to end at $2.90, with 1,270,903 stock units changing hands, Everything Fresh traded 1,100,731 shares and ended with a gain of 20 cents at $2.10 as investors responded to half year results showing profit of 4 cents per share for the June quarter on rising gross profit margin. 
Express Catering rose 12 cents to $8.15, with 6,623 shares, General Accident finished trading 48,811 shares at $3.70. Honey Bun ended at $4.50, with 13,399 units, Iron Rock concluded trading with a loss of 25 cents at $3.25, with 82,741 shares, Jamaican Teas settled at $4, trading 124,700 shares, Jetcon Corporation ended trading at $4.05, with 46,250 stock units. Key Insurance fell 31 cents to $3.16, exchanging 12,050 units, KLE Group finished trading at $3, with 358 shares, Knutsford Express closed at $11.35, with 9,628 shares, Lasco Distributors ended with a loss of 4 cents at $3.95, after 45,000 shares traded. Lasco Financial concluded trading 30 cents higher at $5.80, with 10,275 stock units, Lasco Manufacturing traded 8,757 stock units and fell 5 cents to $3.90, Paramount Trading ended trading with a loss of 30 cents at $2.70, with 1,000 shares, Stationery and Office traded with a loss of 50 cents at $9, with 29,412 shares and tTech closed with a loss of 50 cents at a 52 weeks’ low of $4.50, with 3,340 units. In the junior market preference segment, Eppley 9.5% ended trading at $5.98, with 5,018 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
9 months’ high for Junior Market – Monday
August 13, 2018 by
Derrimon ended at a new closing 52 weeks’ high on Monday.
The Junior Market move higher at the close of trading on Monday rising 31.40 points to close at 3,158 as the number of declining and advancing stocks were equal for a second day.
At the end of market activity, one stock traded at a 52 weeks’ intraday high and one closed at a 52 weeks’ high. Trading ended with 27 securities changing hands, compared to 26 on Friday, with 11 advancing, 7 falling and 9 remaining unchanged.
The market closed with, 2,611,628 units valued at $11,933,757 compared to 1,989,152 units valued at $15,833,326 on Friday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 8 stocks ending with bids higher than their last selling prices, 2 closed with lower offers.
Trading closed with an average of 124,363 units for an average of $568,274 in contrast to 76,506 units for an average of $608,974 on Friday. 
The average volume and value for the month to date amounts to 201,586 units valued at $1,097,411, compared to 213,423 units valued at $1,178,519 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, AMG Packaging ended at $1.95 after rising 4 cents trading 930 stock units, Blue Power jumped $5 to $45, in exchanging 10,166 units, CAC 2000 finished trading and lost 1 cent to end at $8, with 2,000 shares changing hands, Cargo Handlers climbed 89 cents to $10.89, trading 500 shares, Caribbean Producers finished trading 2,645 units with a rise of 27 cents to $6.77. Derrimon Trading concluded trading of 23,900 shares and rose $1 to end at a 52 weeks’ closing high of $25, Elite Diagnostic settled with a loss of 10 cents at $2.80, after exchanging 66,552 units, Everything Fresh traded 51,500 shares and ended at $1.90. Express Catering traded with a loss of 10 cents at $8, with 120,080 shares, FosRich Group finished trading 10 cents higher at $3, after swapping 1,116,649 shares. 
Honey Bun concluded trading 19,521 shares and gained 61 cents to close at $4.51, Iron Rock lost 57 cents to close at $3.50, with 13,394 shares changing hands, Jamaican Teas ended trading 24,588 stock units and added 15 cents to $4.05, KLE Group gained 31 cents to $2.81, exchanging 669 shares. Lasco Distributors concluded trading of 73,800 stock units with a loss of 1 cent to close at $3.99, Lasco Financial finished 11 cents higher at $5.90, trading 1,012,633 shares, Lasco Manufacturing settled at $4, trading 12,500 shares, Main Event ended trading 15,000 shares with a loss of 19 cents at $5.81. Medical Disposables dropped $1.20 to $5.20, with 28,901 shares and Stationery and Office closed 50 cents higher at $9.50, trading 5,700 units. In the Junior Market preference segment, Eppley 8.25% concluded trading at $6.20, with 10,000 units, changing hands.
Prices of securities trading for the day are those at which the last trade took place.
3 new highs for Junior Market – Friday
August 10, 2018 by
Iron Rock hits 52 weeks’ high of $4.07 on Friday.
The Junior Market move higher at the close of trading on Friday rising just 0.99 points to close at 3,126.60 as the number of declining and advancing stocks were equal for a second day.
At the end of market activity, three stocks traded at a 52 weeks’ high and one closed at a 52 weeks’ low.
The market closed with, 1,989,152 units valued at $15,833,325.80 compared to 17,879,196 units valued at $94,384,927 on Thursday and ended with 26 securities changing hands, compared to 22 on Thursday, with 10 advancing, 10 falling and 6 remaining unchanged.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 8 stocks ending with bids higher than their last selling prices, 3 closed with lower offers.
Trading closed with an average of 76,506 units for an average of $608,974 in contrast to 812,691 units for an average of $4,290,224 on Thursday. The average volume and value for the month to date amounts to 213,423 units valued at $1,178,519, compared to 245,494 units valued at $1,311,926 previous trading day. 
Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial closed at $36, exchanging 1,800 shares, AMG Packaging ended with a loss of 9 cents at $1.91, trading 7,000 stock units, Blue Power concluded trading at $40, with 4,820 units, Cargo Handlers settled with a loss of 89 cents at $10, trading 310,120 shares, Caribbean Flavours traded 5,000 stock units and rose 50 cents to $13. Derrimon Trading concluded trading of 236,050 shares and rose $1 to a 52 weeks’ high of $24, after trading at $25 ahead of the close as news broke that the company entered into an agreement to acquire Woodcats International. Dolphin Cove finished at $16.50, with 816 stock units changing hands, Elite Diagnostic settled 15 cents higher at $2.90, with 90,678 units, Everything Fresh traded 157,069 shares and lost 1 cent to end at 1.90, Express Catering traded 72,934 shares and ended 10 cents higher at a 52 weeks’ high of $8.10. FosRich Group finished trading 26,184 shares with a loss of 7 cents to end at $2.90, General Accident climbed 40 cents to $3.80, after trading 8,350 stock units, Honey Bun concluded trading with a loss of 41 cents at $3.90, with 1,000 shares, Iron Rock jumped 92 cents higher to close at a 52 weeks’ high of $4.07, with 553,112 shares changing hands. 
Jamaican Teas ended trading with a loss of 15 cents at $3.90, with 5,000 stock units, Jetcon Corporation traded at $4, with 29,302 units, Key Insurance finished trading 12,547 shares with a loss of 45 cents to end at $3.02, Knutsford Express ended with a loss of 21 cents at 52 weeks’ low of $11.30, after exchanging 2,000 shares. Lasco Distributors concluded trading at $4, with 4,740 stock units, Lasco Financial traded 68,728 units and finished 39 cents higher at $5.79, Lasco Manufacturing rose 7 cents to end at $4, trading 38,000 shares, Main Event ended trading with a loss of 85 cents at $6, with 15,400 shares traded. Medical Disposables traded 92,420 shares and rose 40 cents to $6.40, Stationery and Office closed at $9 after gaining 97 cents with 238,725 units changing hands and tTech concluded trading at $5, with 2,357 shares trading. In the junior market preference segment, Eppley 8.25% concluded trading with a loss of 1 cent at $6.20, with 5,000 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market bounces – Thursday
August 9, 2018 by
The Junior Market move higher at the close of trading on Thursday rising 39.96 points to close at 3,125.61 as the number of declining and advancing stocks were equal but with a bounce in volume.
The market closed with, 17,879,196 units valued at $94,384,927 compared to 6,775,011 units valued at $40,419,386. on Wednesday. Lasco Financial accounted for bulk of the trade with 16.75 million units.
Trading ended with 22 securities changing hands, compared to 22 on Wednesday, with just 6 advancing, 6 falling and 10 remaining unchanged. General Accident traded at a 52 weeks’ high of $3.90 but closed lower at $3.40.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 7 stocks ending with bids higher than their last selling prices, 2 closed with lower offers.
Trading closed with an average of 812,691 units for an average of $4,290,224 in contrast to 307,955 units for an average of $1,837,245 on Wednesday. The average volume and value for the month to date amounts to 245,494 units valued at $1,311,926, compared to 105,288 units valued at $575,717 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial closed at $36, trading 4,041 shares, AMG Packaging ended 10 cents higher at $2, exchanging 1,200 stock units, Blue Power concluded trading at $40, with 200 units, Caribbean Producers finished trading 100,000 units but lost 27 cents at $6.50, Derrimon Trading concluded trading 15,000 shares at $23. Elite Diagnostic settled at $2.75, trading 6,000 units, Eppley ended trading 78 cents higher at $9.96, with 15,030 shares, Everything Fresh traded 96,968 shares and lost 7 cents to end at $1.91. Express Catering traded with a loss of 10 cents at $8, with 41,451 shares changing hands, FosRich Group finished trading 41,146 shares and rose 40 cents to $2.97, with shares.
General Accident closed with a loss of 46 cents at $3.40, trading 27,032 stock units, Honey Bun concluded trading and rose 6 cents to $4.31, with 7,000 shares, Iron Rock finished trading at $3.15, with 50,052 shares, Jamaican Teas ended trading 5 cents higher at $4.05, with 25,091 stock units changing hands. Jetcon Corporation traded 18,720 units at $4, Lasco Distributors concluded trading 412,642 stock units, at $4, Lasco Financial finished 10 cents higher at $5.40, with 16,753,104 units, Lasco Manufacturing settled at $3.93, exchanging 40,000 shares. Main Event ended trading at $6.85, with 2,006 shares changing hands, Medical Disposables traded with a loss of 20 cents at $6, with 50,000 shares and Stationery and Office closed with a loss of 1 cent at $8.03, trading 72,513 units. In the junior market preference segment, Eppley 9.5% finished at $5.98, with 100,000 shares.
Prices of securities trading for the day are those at which the last trade took place.
