Trading rises for junior stocks – Wednesday
The movement in the junior market index lifted the gain for the year to date at 36 percent.
The volume of stocks traded rose on Wednesday by 50 percent from Tuesday’s level and ending with 1,318,905 units changing hands, valued at $5,853,384, 12 percent from $5,225,495 on Tuesday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and just 1 ending with a lower offer.
An average of 81,289 units with an average value of $344,317 traded, compared to 61,261 units with an average value of $348,366 on the preceding day. The average for the month to date is 109,679 units for an average of $607,092 compared to 111,031 units valued at $619,605 on Tuesday and 129,138 units with an average value of $709,705 for October.
Eppley ordinary stock is yet to trade, after a split into 150 stock units for each one previously held.
In trading activity, AMG Packaging rose $1 to close with 971 units changing hands at $18.50, CAC 2000 added 99 cents in trading 100 shares and to close at $5.10, Cargo Handlers ended with 59,932 units and regained 50 cents to close at $12.50, Caribbean Cream closed with 125,000 shares changing hands and lost 29 cents to end at $7.10. Caribbean Flavours fell 6 cents, in trading 5,500 units at $8.55, Caribbean Producers fell 25 cents in trading 65,801 units to end at $3.20, Consolidated Bakeries lost 7 cents in trading 9,902 shares to close at $2.23, General Accident fell 5 cents and closed trading with 74,300 units at $2.60. Honey Bun gained 51 cents with 11,654 shares changing hands to close at $6.01, Jetcon Corporation ended with 138,521 units changing hands, 23 cents higher at a 52 weeks’ closing high of $5.25, Key Insurance traded 15,000 shares and ended at $2.50. Lasco Distributors closed with 20,700 shares changing hands, at $6.80, Lasco Financial lost 10 cents and ended with 750,000 shares changing hands at $3.10. Lasco Manufacturing rose 14 cents to end at $4.69 with 12,211 shares changing hands, Medical Disposables lost 25 cents in trading 76,942, shares to close at $4.05, Paramount Trading gained 20 cents with 10,000 units changing hands to close at $3.70 and tTech ended with 5,372 shares changing hands at $5.50.
Slight fall for JSE on Tuesday
The Jamaica Stock exchange main market indices temporarily broke the winning streak with minor declines on Tuesday with the All Jamaica Composite Index slipping 37.23 points to end at 194,885.44. The JSE Market Index lost 33.30 points to finish at a record closing high of 178,324.34.
The JSE combined index fell 59.59 points to end at 190,169.62 with a gain for the year to date of 20 percent. Trading ended with only 33 securities trading. The prices of 11 stocks gained while 7 declined in the overall market, including 3 stocks rising and 3 falling, in the junior market.
At the close with 1,218,248 units valued at $9,074,534 changed hands, compared to 4,243,795 units valued at $24,651,644 changing hands on Monday. The junior market accounted for 918,920 units changing hands, valued at $5,225,495 of the stocks traded.
The average trade for the day in the main market ended at 16,629 shares and 253,298 units month to date. On Monday, an average of 31,898 units traded and for the month to date, 489,966 units, in comparison the average for the October was 220,811 units.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 14 stocks with bids higher than their last selling prices and 5 with lower offers.
In market activity, Barita Investments had trading in 16,200 shares, to end at $5, Cable & Wireless rose by 3 cents in trading 38,352 units to close at 74 cents, Grace Kennedy dropped $2 and ended trading 45,489 units at $40. Jamaica Broilers closed at $14.90 with 4,634 shares changing hands, Jamaica Producers traded 8,363 shares to end at $8.30, Jamaica Stock Exchange traded 106,532 shares and rose 1 cent to end at $5.52, Mayberry Investments traded 4,500 shares to close at $3.66. National Commercial Bank gained 5 cents and ended at $50.05 with 4,788 shares trading, PANJAM Investment traded 5,514 units at $24.50 after gaining 50 cents, Radio Jamaica lost 5 cents in trading 5,042 units to close at $1.30. Sagicor Real Estate Fund traded 12,048 units with the price rising 1 cent to $10.26 and Scotia Group rose 29 cents with 16,400 shares changing hands to close at $32.
Trading falls for junior stocks – Tuesday
The junior market index lost 2.79 points to end at 2,413.51 on Tuesday as the prices of 3 stocks rose and 3 declined with 15 securities trading, compared with 17 on Monday. The movement in the junior market index still left the gain for the year to date at 35 percent.
The volume of stocks traded dropped sharply on Tuesday by 73 percent from Monday’s level and ending with 918,920 units changing hands, valued at $5,225,495, down 67 percent from $15,863,525 on Monday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
An average of 61,261 units with an average value of $348,366 traded, compared to 202,726 units with an average value of $933,149 on the preceding trading day. The average for the month to date is 111,031 units for an average of $619,605 compared to 113,520 units valued at $633,167 on Monday and 129,138 units with an average value of $709,705 for October.
Eppley ordinary stock is yet to trade, after a split into 150 stock units for each one previously held.
In trading activity, AMG Packaging dropped $1.25 to close with 56,055 units changing hands at $17.50, Cargo Handlers traded 3,670 units and fell 50 cents to $12, Caribbean Cream closed with 220,000 shares changing hands and gained 14 cents to end at $7.39, Caribbean Flavours rose 11 cents in trading 1,000 units at $8.61. General Accident closed trading with 51,800 units at $2.65, Iron Rock with 5,000 shares changing hands, closed at $3, Jamaican Teas traded 16,460 shares to close at $4.10, Jetcon Corporation closed with 72,000 units changing hands for 1 cent higher at $5.02, after trading at a new intraday high of $5.25, KLE Group traded 2,243 shares and ended at $1.50. Knutsford Express traded 600 units at $20, Lasco Distributors closed with 104,223 shares changing hands, at $6.80, Lasco Financial ended with 377,603 shares changing hands at $3.20. Lasco Manufacturing closed with a loss of 14 cents at $4.55 with 2,876 shares changing hands, Medical Disposables traded 3,990, shares to close at $4.30 and Paramount Trading with 1,400 units changing hands closed at $3.50.
Juniors volume surge – Monday
The junior market index lost 10.44 points to end at 2,416.30 on Monday as the prices of 5 stocks rose and 5 declined with 17 securities trading, compared with 14 on Friday. The movement in the junior market index left the gain for the year to date at 35 percent.
The volume of stocks traded jumped sharply on Monday by 1,865 percent from Friday’s level and ending with 3,446,347 units changing hands, valued at $15,863,525, up 1,928 percent from $782,192 on Friday.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
An average of 202,726 units with an average value of $933,149 traded, compared to 11,694 units with an average value of $52,146 on the preceding trading day. The average for the month to date is 113,520 units for an average of $633,167 compared to 52,146 units valued at $108,825 on Friday and 129,138 units with an average value of $709,705 for October.
Eppley ordinary stock split into 150 stock units for each one previously held is reflected in the price one junior market on Monday with the ex-stock split date being November 28. There was no trading in the stock by the close.
In trading activity, AMG Packaging dropped $2.20 and closed with 11,433 units changing hands to close at $18.75, Cargo Handlers traded 2,400 units at $12.50, Caribbean Cream closed with 5,769 shares changing hands and gained 25 cents to end at $7.25, Caribbean Producers rose 5 cents in trading 4,000 units at $3.45. Consolidated Bakeries lost 10 cents in trading 10,000 shares to close at $2.30, General Accident dropped 35 cents and closed trading with 113,300 units at $2.65, Honey Bun with 358,200 shares changing hands, closed at $5.50 after falling 10 cents. ISP Finance traded 28,623 shares to end at $8, Jamaican Teas traded 16,966 shares to close at $4.10, Jetcon Corporation closed with 149,100 units changing hands, 1 cent higher at $5.01, Key Insurance traded 21,100 shares with a rise of 15 cents to end at $2.50, Knutsford Express traded 750 units at $20. Lasco Distributors gained 20 cents with 8,000 shares changing hands, to close at $6.80, Lasco Financial rose 5 cents and ended with 202,636 shares changing hands at $3.20. Lasco Manufacturing closed with a loss of 1 cent at $4.69 with 2,507,570 shares changing hands, Paramount Trading with 5,000 units changing hands closed at $3.50 and tTech traded 1,500 shares but rose 50 cents to $5.50.
Juniors rise on low volumes – Friday
The volume of stocks traded declined sharply on Friday by 83 percent from Thursday’s level and ending with 175,408 units changing hands, valued at $782,192, down 85 percent from $5,281,239 on Thursday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
An average of 11,694 units with an average value of $52,146 traded, compared to 72,603 units with an average value of $377,231 on the preceding trading day. The average for the month to date is 52,146 units for an average of $108,825 compared to 114,221 units valued at $648,781 on Thursday and 129,138 units with an average value of $709,705 for October.
In trading activity, Caribbean Cream closed with 6,000 shares changing hands and lost 14 cents to $7, Caribbean Producers lost 5 cents in trading 200 units at $3.40, C2W Music traded 4,047 units at 25 cents, General Accident gained 15 cents and closed trading with 16,852 units at $3, Honey Bun with 8,500 shares changing hands, closed at $5.60. ISP Finance traded just 200 shares to end at an all-time high of $8, Jamaican Teas traded 1,340 shares to close at $4.10, with a rise of 11 cents.Jetcon Corporation closed with 1,900 units changing hands at $5, Key Insurance traded 6,783 shares with a gain of 20 cents to end at $2.35, Knutsford Express traded 934 units at $20, Lasco Distributors gained 20 cents with 2,200 shares changing hands, to close at $6.80, Lasco Financial rose 5 cents and ended with 6,860 shares changing hands at $3.20. Lasco Manufacturing closed at $4.70 with 105,000 shares changing hands, Paramount Trading gaine 40 cents with 8,894 units changing hands to close at $3.50 and tTech traded 5,698 shares but fell 75 cents to $5.
Junior market drops sharply – Tuesday
The volume of stocks traded dropped sharply on Tuesday with the volume rose moderately by 16 percent from Monday’s level and ending with just 215,605 units changing hands, valued at $946,789, down 25 percent from $1,256,517 on Monday.
Market activities ended with 8 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
An average of 16,500 units with an average value of $67,628 traded, compared to 20,615 units with an average value of $139,613 on the preceding trading day. The average for the month to date is 115,706 units for an average of $674,569 compared to 122,319 units valued at $715,032 on Monday and 129,138 units with an average value of $709,705 for October.
In trading activity, Honey Bun with 14,554 shares changing hands, but rose 3 cents to end at $5.63, Iron Rock Insurance dropped $1.10 cents in trading 5,00 units to close at $3, ISP Finance rose 22 cents to end at an all-time high of $7.25 with just 2,000 shares changing hands, Jamaican Teas traded 2,900 shares to close at $3.99. Jetcon Corporation fell 30 cents and closed with 10,400 units changing hands at $4.90, KLE Group declined 5 cents and ended with 4,000 shares trading at $1.50, Knutsford Express lost $2 in trading 485 shares to close at $20, Lasco Distributors rose 40 cents with 26,785 shares changing hands, to close at $6.90. Lasco Financial gained 8 cents and ended with 18,751 shares changing hands at $3.08, Lasco Manufacturing lost 9 cents and closed at $4.71 with 44,400 shares changing hands, Paramount Trading dropped 45 cents with 53,334 units changing hands to close at $3.50. tTech rose 55 cents and ended with 11,996 shares changing hands at $5.75, Derrimon Trading preference share rose 15 cents ending with 20,500 units changing hands to close at $2.25 and Eppley 9.5% preference share, traded 500 units at $6.18.
Junior market falls on Monday
The junior market index fell 11.77 points to end at 2,452.33 on Monday as the prices of just 1 stock rose and 6 declined with 9 securities trading, down from 17 on Friday. The gain for the junior market index for the year to date ended at 37 percent.
The volume of stocks traded dropped sharply on Monday with the volume dropped sharply by 88 percent from Friday’s level and ending with just 185,535 units changing hands, valued at $7,836,091, up 84 percent from $1,256,517
on Friday.
Market activities ended with 6 securities closing with bids higher than their last selling prices and 6 ending with lower offers.
An average of 20,615 units with an average value of $139,613 traded, compared to 93,495 units with an average value of $460,947 on the preceding trading day. The average for the month to date is 122,319 units for an average of $715,032 compared to 129,584 units valued at $756,133 on Friday and 129,138 units with an average value of $709,705 for October.
In trading activity, AMG Packaging fell $1.59 and closed with 25,415 units changing hands at $18.51, Caribbean Cream with 62,000 shares changing hands, rose 5 cents to close at $7.25, Consolidated Bakeries lost 10 cents in trading 2,000 shares to close at $2.30, Honey Bun with 23,868 shares changing hands, but lost 40 cents to end at $5.60. Jamaican Teas traded 4,449 shares and fell 11 cents to close at $3.99, KLE Group declined 5 cents and ended with 21,460 shares trading at $1.55. Lasco Financial ended with 44,000 shares changing hands at $3, Lasco Manufacturing closed at $4.80 with 882 shares changing hands and tTech lost 55 cents and ended with 1,450 shares changing hands at $5.20.