Junior Market index slips again – Wednesday

November 28, 2018 by

Derrimon Trading pref shares traded 2.2 m units.

Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Wednesday with 24 securities changing hands, resulting in an exchange of 2,866,572 units valued at $7,184,147 compared to 11,662,775 units valued at $43,945,611 on Tuesday from 22 securities.
The day’s volume was swollen by 2.2 million units of Derrimon Trading preference share. The development of note is that Key Insurance that traded 21.5 million units with a rise in the stock price has a bid of 912,000 units on the bid at $4 and is one to watch.
At the close of market activities, the prices of 10 securities advanced, 7 declined and 7 remained unchanged. The Junior Market Index declined by 8.73 points to close at 3,178.44.
Trading ended with an average of 119,441 units for an average of $299,339 in contrast to 530,126 units for an average of $1,997,528 on Tuesday. The average volume and value for the month to date amounts to units 191,443 units valued at $657,797 and previously 195,380 units valued at $677,394. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 5 with lower offers.
 At the close of the market, AMG Packaging ended 1 cent higher at $1.90, with 3,158 stock units changing hands, Blue Power concluded trading of 38,311 units, at $5.45, Caribbean Cream ended trading with a loss of 25 cents at $5.25, with an exchange of 8,381 shares, Caribbean Producers finished trading 4 cents higher at $5.44, with 10,000 units changing hands, Consolidated Bakeries closed with a loss of 1 cent at $2.14, trading 11,365 shares. Derrimon Trading ended with a loss of 35 cents at $2.50, with 220,486 shares changing hands, Everything Fresh traded 40,861 shares after adding 5 cents and closed at $1.55, Express Catering ended trading 10,000 shares at $8, FosRich Group traded 40,835 shares, and rose 5 cents higher to $4.05, General Accident finished trading with a loss of 25 cents at $3.25, with 700 shares changing hands. GWest Corporation closed with a loss of 12 cents at $1.58, with a swapping of 11,715 stock units, Honey Bun ended at $4, with 4,051 units changing hands, Indies Pharma traded 26,099 shares in closing at $3, Jetcon Corporation ended trading of 2,813 stock units, with a loss of 25 cents at $3.50, Key Insurance traded 55 cents higher at $4, with 88,017 units. KLE Group finished trading of 3,590 shares at $4, Knutsford Express closed 1 cent higher at $11.51, in exchanging 1,298 shares, Lasco Distributors ended 10 cents higher at $3.90, with 15,184 shares changing hands, Lasco Financial concluded trading 15 cents higher at $5, with an exchange of 57,387 stock units. Lasco Manufacturing finished with a loss of 2 cents at $3.48, trading 50,500 units, Medical Disposables ended trading 13,174 shares at $6.20, Paramount Trading gained 5 cents close at $2.20, with 3,647 shares being traded and SSL Venture Capital traded 3,000 shares to end at $1.80. In the junior market preference segment, Derrimon Trading 9% ended 5 cents higher at $2.20, with 2,200,000 stock units.

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

 

 

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , ,

Big fall for Junior Market  – Tuesday

November 27, 2018 by

Key Insurance in another big trade.

Trading on the Junior Market of the Jamaica Stock Exchange closed on Tuesday with 22 securities changing hands, resulting in an exchange of 11,662,775 units valued at $43,945,611 as Key Insurance traded 9.5 million units. On Monday just 843,267 units valued at $2,847,021 traded from 26 securities.
At the close of market activities, the prices of 4 securities advanced, 11 declined and 7 remained unchanged leading the Junior Market Index to dive 82.86 points to close at 3,187.17.
Trading ended with an average of 530,126 units for an average of $1,997,528 in contrast to 32,433 units for an average of $109,501 on Monday. The average volume and value for the month to date amounts to units 195,380 units valued at $677,394 and previously 177,719 units valued at $607,746. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 4 with lower offers.
 At the close of the market, Access Financial closed with a loss of $2.50 at $49.50, with 81,323 shares changing hands, AMG Packaging ended at $1.89, with an exchange of 2,100 stock units, Blue Power concluded trading of 807 units and rose 45 cents to $5.45, Caribbean Producers finished trading with a loss of 9 cents at $5.40, with 500 units, Derrimon Trading ended with a loss of 10 cents at $2.85, with 183,100 shares changing hands. Elite Diagnostic finished 5 cents higher at $3.05, trading 70,455 stock units, Eppley settled at $9.10, with an exchange of 298 units, Everything Fresh traded 368,432 shares after falling 10 cents and closed at an all-time low of $1.50, Express Catering ended trading of 48,905 shares, with a loss of 50 cents at $8, FosRich Group traded 54,955 shares and rose 10 cents to close at $4. General Accident finished trading of 13,917 shares with a loss of 2 cents at $3.50, Indies Pharma traded 68,298 shares in closing at $3, Jamaican Teas settled at $4, trading 1,294 shares, Jetcon Corporation ended trading with a loss of 4 cents at $3.75, with 26,843 stock units changing hands, Key Insurance traded 9,535,317 units with a loss of 55 cents to end at $3.45. Lasco Distributors ended at $3.80, with 1,016,500 shares changing hands, Lasco Financial concluded trading with an exchange of 87,215 stock units after falling 40 cents to $4.85, Lasco Manufacturing finished trading 58,277 units at $3.50, Main Event settled 10 cents higher at $6.10, with an exchange of 7,226 shares. Paramount Trading dropped 82 cents to end at $2.15, with 25,000 shares trading, SSL Venture Capital traded 9,823 shares to end at $1.80 and Stationery and Office finished trading of 2,190 stock units with a loss of 8 cents to close at $9.40.

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

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , ,

Gains for Junior Market

November 26, 2018 by

Trading on the Junior Market of the Jamaica Stock Exchange reverted to more normal levels on Monday, with 26 securities changing hands, resulting in an exchange of 843,267 units valued at $2,847,021, compared to 37,359,775 units valued at $87,094,646 from 23 securities trading on Friday.
At the close of market activities, the prices of 9 securities advanced, 8 declined and 9 remained unchanged. The Junior Market Index advanced by 35.07 points to close at 3,270.03.
Trading ended with an average of 32,433 units for an average of $109,501 in contrast to 1,624,338 units for an average of $3,786,724 on Friday. The average volume and value for the month to date amounts to units 177,719 units valued at $607,746 and previously 187,380 units valued at $640,878. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 10 with lower offers.
At the close of the market, CAC 2000 finished 90 cents higher at $16.90, with 30,179 shares changing hands, Cargo Handlers settled with a loss of 10 cents at $12.90, trading 500 shares, Caribbean Cream ended trading 1,430 shares with a loss of 50 cents to close at $5.50, Caribbean Producers finished trading with a loss of 1 cent at $5.49, with an exchange of 29,676 units, Consolidated Bakeries closed with a loss of 15 cents at $2.15, with 550 shares changing hands. Dolphin Cove concluded trading at $16, with 3,000 shares, Elite Diagnostic finished at $3, trading 40,896 stock units, Eppley settled 5 cents higher at $9.10, with an exchange of 103 units, Everything Fresh traded 402,623 shares after falling 10 cents and closed at $1.60, Express Catering ended trading 55 cents higher at $8.50, with 32,300 shares changing hands. FosRich Group traded 100,618 shares, at $3.90, General Accident finished trading 50 cents higher at $3.52, with an exchange of 59,500 shares, GWest Corporation closed with a loss of 20 cents at $1.70, with 16,311 stock units changing hands, Honey Bun ended with a loss of 15 cents at $4, trading 100 units. Indies Pharma traded 70,958 shares in closing at $3, Jamaican Teas settled at $4, with 10,197 shares changing hands, Jetcon Corporation ended trading 11,100 stock units, at $3.79, Key Insurance traded 75 cents higher at $4, as 1,237 units changed hands, Knutsford Express closed at $11.50, with 500 shares changing hands. Lasco Distributors ended at $3.80, with an exchange of 4,500 shares, Lasco Financial concluded trading with 200 stock units and rose 15 cents higher to end at $5.25, Lasco Manufacturing finished 25 cents higher at $3.50, swapping 18,439 units, Main Event gained 10 cents to end at $6, with 750 shares changing hands. Medical Disposables ended trading with 2,600 shares at $6.20, SSL Venture Capital traded 3,500 shares and gained 1 cent to end at $1.80 and Stationery and Office finished trading with a loss of 52 cents at $9.48, with 1,500 stock units changing hands.

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

 

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , ,

SSL Venture & Key dominate Junior Market

November 23, 2018 by

Two big blocks of shares traded on the Junior Market of the Jamaica Stock Exchange on Friday, as 23 securities changed hands, resulting in an exchange of 37,359,775 units valued at $87,094,646, leading to a 3 to 1 dominance of declining to advancing stocks.
Friday’s trading was well above the level of 1,692,337 units valued at $8,566,971 from 23 securities changing hands on Thursday as SSL Venture Capital traded 24 million units and Key Insurance chipped in with 12 million shares on Friday.
At the close of market activities, the prices of 5 securities advanced, 14 declined and 4 remained unchanged, resulting in the Junior Market Index falling sharply by 44.24 points to close at 3,227.39.
Trading ended with an average of 1,624,338 units for an average of $3,786,724 in contrast to 73,580 units for an average of $372,477 on Thursday. The average volume and value for the month to date amounts to units 187,380 units valued at $640,878 and previously 97,570 units valued at $444,262. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 1 cent at $1.89, with 2,570 stock units changing hands, Blue Power concluded trading of 2,773 units, at $5, Caribbean Flavours traded 1,000 stock units, rising by 51 cents to close at $20.01,  Caribbean Producers finished trading with a loss of 5 cents at $5.50, with an exchange of 900 units, Derrimon Trading ended with a loss of 5 cents at $2.95, with 235,110 shares changing hands. Elite Diagnostic finished with a loss of 20 cents at $3, trading 67,496 stock units, Eppley settled at $9.05, with 1,000 units changing hands, Everything Fresh traded 3,925 shares after gaining 10 cents and closed at $1.70, Express Catering ended trading 86,777 shares with a loss of 15 cents in closing at $7.95, FosRich Group traded 308,909 shares for 6 cents more to close at $3.90. General Accident finished trading 200 shares, with a loss of 98 cents to end at $3.02,  Honey Bun ended activities 4 cents higher at $4.15, with 14,400 units changing hands, Indies Pharma traded 181,193 shares and lost 5 cents in closing at $3, Jamaican Teas settled with a loss of 70 cents at $4, while exchanging 5,000 shares, Jetcon Corporation ended trading with a loss of 1 cent at $3.79, with 25,695 stock units changing hands. Key Insurance lost 15 cents in closing at $3.25, with an exchange of 12,070,405 units, Lasco Distributors ended with a loss of 15 cents at $3.80, with 222,000 shares changing hands, Lasco Financial concluded trading of 31,249 stock units, at $5.10, Lasco Manufacturing finished with a loss of 25 cents at $3.25, in an exchange of 23,600 units. Main Event settled with a loss of 60 cents at $5.90, with 10,900 shares changing hands, Medical Disposables ended trading, 20 cents higher at $6.20, while exchanging 26,500 shares, SSL Venture SSL Venture Capital traded 24,025,000 shares and gained 1 cent to end at $1.79 and tTech ended market activities with a drop of $1.25 cents to $5, with 13,173 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market in recovery mode

November 22, 2018 by

Chart shows the Junior Market index in recovery mode.

The Junior Market of the Jamaica Stock Exchange continue to recover from the decline from the peak in late September with another rise in the index on Thursday with a rise of 19 points, the third in as many days.
Trading ended with 23 securities changing hands, resulting in an exchange of 1,692,337 units valued at $8,566,971 compared to 611,280 units valued at $3,301,546 from 25 securities.
At the close of market activities, the prices of 10 securities advanced, 5 declined and 8 remained unchanged. The Junior Market Index advanced by 19.20 points to close at 3,271.63.
Trading ended with an average of 73,580 units for an average of $372,477 in contrast to 24,451 units for an average of $132,062 on Wednesday. The average volume and value for the month to date amounts to units 97,570 units valued at $444,262 and previously 99,170 units valued at $449,048. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 6 with lower offers.
At the close of the market, Access Financial closed trading of 12,129 shares at $52, AMG Packaging ended trading 15 cents higher at $1.90, with 17,000 stock units changing hands, Blue Power concluded trading of 100,000 units, with a loss of 45 cents at $5, Caribbean Producers finished trading 4 cents higher at $5.55, with 200 units changing hands, Consolidated Bakeries closed market activity at $2.30, trading 4,300 shares. Derrimon Trading ended 45 cents higher at $3, trading 40,000 shares, Elite Diagnostic finished 2 cents higher at $3.20, with 7,216 stock units traded, Everything Fresh fell 17 cents in trading 114,700 shares to close at $1.60, Express Catering ended trading 60 cents higher at $8.10, with 310,523 shares changing hands, GWest Corporation closed at $1.90, in exchanging 21,574 stock units. Honey Bun ended with 7,200 units trading at $4.11, Indies Pharma traded 78,862 shares and rose 12 cents in closing at $3.05, Jamaican Teas rose 32 cents to close at $4.70, with 96,012 shares changing hands, Jetcon Corporation ended trading of 13,699 stock units, at $3.80, Key Insurance rose 24 cents to $3.40, with 29,595 units changing hands. KLE Group traded 339 shares, at $4,  Knutsford Express closed with a loss of 30 cents at $11.50, in exchanging 21,000 shares, Lasco Distributors ended with a loss of 5 cents at $3.95, swapping 450,600 shares, Lasco Financial concluded trading 11 cents higher at $5.10, with 263,452 stock units changing hands. Lasco Manufacturing finished with a loss of 4 cents at $3.50, with an exchange of 48,976 units, Main Event settled at $6.50, with the trading of 350 shares, SSL Venture Capital traded 41,063 shares and gained 2 cents to end at $1.78 and tTech ended at $6.25, with 13,547 shares changing hands.

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

 

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market up again on Wednesday

November 21, 2018 by

Trading on the Junior Market of the Jamaica Stock Exchange ended on Wednesday with 25 securities changing hands, resulting in an exchange of 611,280 units valued at $3,301,546 compared to 864,036 units valued at $3,263,089 on Tuesday from 20 securities.
At the close of market activities, the prices of 7 securities advanced, 13 declined and 5 remained unchanged as the Junior Market Index advanced by 24.50 points to close at 3,252.43.
Trading ended with an average of 24,451 units for an average of $132,062 in contrast to 43,202 units for an average of $163,154 on Tuesday. The average volume and value for the month to date amounts to 99,170 units valued at $449,048 and previously 119,515 units valued at $473,813. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 6 with lower offers.
At the close of the market, Access Financial closed $2 higher at $52, with 20,293 shares trading, Blue Power concluded trading of 1,200 units and rose 65 cents to $5.45, CAC 2000 finished with a loss of 1 cent at $16, trading 2,062 shares, Caribbean Cream ended trading 92 cents higher at $6, with 4,065 shares, Caribbean Flavours traded with a loss of 50 cents at $19.50, in exchanging 1,100 stock units. Caribbean Producers finished trading of 24,271 units and lost 4 cents at $5.51, Consolidated Bakeries closed 30 cents higher at $2.30, trading 4,331 shares, Derrimon Trading ended with a loss of 15 cents at $2.55, with 50,230 shares changing hands, Dolphin Cove concluded trading of 2,270 shares with a loss of 30 cents to close at $16. Elite Diagnostic finished 18 cents higher at $3.18, in exchanging 15,500 stock units, Everything Fresh fell 1 cent in trading a mere 2,500 shares to close at $1.77, Express Catering ended trading 2,500 shares at $7.50, FosRich Group traded 46,985 shares, with a loss of 1 cent at $3.84, Honey Bun ended at $4.11, trading 44,400 units. Indies Pharma traded 179,065 shares and fell 7 cents in closing at $2.93, Jamaican Teas settled 8 cents higher at $4.38, while trading 1,000 shares, Jetcon Corporation ended trading 500 stock units at $3.80, KLE Group finished trading of 16,639 shares at $4, Knutsford Express closed with a loss of 20 cents at $11.80, with 3,417 shares changing hands. Lasco Distributors ended trading 124,909 shares at $4, Lasco Financial concluded trading with a loss of 21 cents at $4.99, with 49,301 stock units changing hands, Lasco Manufacturing finished with a loss of 1 cent at $3.54, with 6,000 units, SSL Venture Capital traded 5.300 shares and lost 5 cents to end at $1.76 and tTech ended with a loss of 25 cents at $6.25, in exchanging 1,340 shares. In the junior market preference segment, Eppley 9.5% finished 1 cent higher at $6.01, with 2,102 shares changing hands.

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

 

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market pushes higher on Tuesday

November 20, 2018 by

The Junior Market rose at the end of trading on Tuesday with Index to gaining 21.85 points to close at 3,227.93 on a day of moderate trades as 20 securities changed hands versus 21 on Monday.
At the close 10 securities rose, just 4 declined with 6 remaining unchanged. In moderate trading, just 864,036 units, valued $3,263,089 changed hands, well below the 5,717,296 units valued $15,894,662 that traded on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed with 3 stocks ending with bids higher than their last selling prices, while 5 closed with lower offers, an indication of a bias towards declining stocks dominating on Wednesday.
Trading ended with an average of 43,202 units for an average of $163,154 in contrast to 272,252 units for an average of $756,889 on Monday. The average volume and value for the month to date amounts to 119,515 units valued at $473,813 and previously 109,127 units valued at $494,523. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, Access Financial closed 50 cents higher at $50, with 500 shares changing hands, AMG Packaging ended with a loss of 5 cents at $1.75, with an exchange of 42,863 stock units, Blue Power concluded trading of 34,430 units at $4.80, Caribbean Cream ended trading 6 cents higher at $5.08, with 7,000 shares changing hands, Caribbean Producers finished trading 13,500 units with a loss of 10 cents to $5.55. Derrimon Trading ended with a loss of 30 cents at $2.70, exchanging 9,000 shares, Elite Diagnostic closed at $3, with 103,120 stock units changing hands, Eppley climbed $1.05 to $9.05, exchanging 750 units, Everything Fresh fell 2 cents in trading a mere 100 shares to close at $1.78, Express Catering ended trading of 24,913 shares at $7.50. FosRich Group traded 223,700 shares and rose 35 cents to $3.85, Honey Bun ended 31 cents higher at $4.11, with 17,973 units changing hands, Indies Pharma ended trading of 6,410 shares to close at $3, Jetcon Corporation ended trading 7,851 stock units at $3.80, KLE Group finished trading 500 shares 59 cents higher at $4. Knutsford Express closed at $12, with 1,000 shares changing hands, Lasco Distributors ended 5 cents higher at $4, $2, in exchanging 48,328 shares, Lasco Financial concluded trading 20 cents higher at $5.20, swapping 600 stock units, Lasco Manufacturing finished 15 cents higher at $3.55, with $2, with an exchange of 296,410 units and Medical Disposables ended trading with a loss of $1.50 to close at $6, with 25,088 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

Dominant Derrimon in Monday trading

November 19, 2018 by

Happy shopper at one of Derrimon owned supermarket

Derrimon Trading enjoyed a good day of trading on the Junior Market on Monday with 5 million shares exchanged with the price rising 40 cents by the close, but the market slipped at the close.
At the close just 21 securities traded versus 23 on Friday with 7 rising, 9 declining and 5 remaining unchanged, leading the market Index to fall 2.31 points to close at 3,206.08 after it rose as much as 27 points in early morning trading. The big trade in Derrimon’s stock, pushed the volume to 5,717,296 units valued $15,894,662, well ahead of the 956,921 units that traded valued at $3,959,209 on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed with 4 stocks ending with bids higher than their last selling prices, while 6 closed with lower offers, an indication of a bias towards declining stocks dominating on Tuesday.
Trading ended with an average of 272,252 units for an average of $756,889 in contrast to 41,605 units for an average of $172,139 on Friday. The average volume and value for the month to date amounts to 109,127 units valued at $494,523 and previously 101,813 units valued at $501,965. October ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, CAC 2000 finished $1 higher at $17, while a mere 131 shares were traded, Caribbean Flavours traded 3,000 stock units at $20, Caribbean Producers finished trading with a loss of 10 cents at $5.65, with 13,414 units, Consolidated Bakeries closed at $2, exchanging 500 shares, Derrimon Trading ended 40 cents higher at $3, with an exchange of 5,019,628 shares. Elite Diagnostic finished with a loss of 20 cents at $3, trading 112,035 stock units, Everything Fresh fell 20 cents in trading 11,962 shares to close at $1.80, Express Catering ended trading 4,121 shares, gaining 1 cent to $7.50, FosRich Group traded with a loss of 34 cents at $3.50, with 61,796 shares changing hands, Honey Bun ended with a loss of 20 cents at $3.80, with an exchange of 1,201 units. Indies Pharma fell 5 cents and ended trading 186,468 shares to close at $3, Iron Rock concluded trading of 5,000 shares with a loss of 1 cent to close at $3.50, Jamaican Teas settled with a loss of 8 cents at $4.30, exchanging 560 shares, Jetcon Corporation ended trading 12,500 stock units at $3.80, Lasco Distributors ended 15 cents higher at $3.95, trading 11,105 shares. Lasco Financial concluded trading 21,500 stock units with a loss of 5 cents to end at $5, Lasco Manufacturing lost 4 cents to close at $3.40, trading 2,000 units, Main Event settled 95 cents higher at $6.50, with 8,021 shares changing hands, SSL Venture Capital traded 2,500 shares and added 6 cents to end at $1.81 and Stationery and Office finished trading 31,854 stock units and closed 2 cents higher at $10. In the junior market preference segment, Derrimon Trading ended at $2.15 trading 208,000 stock units.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

Junior Market jumps 34 points – Friday

November 16, 2018 by

The Junior Market Index advanced by 34.58 points to close at 3,208.39 at the close on Friday as 23 securities traded versus 28 on Thursday with 6 stocks rising, 10 declining and 7 remaining unchanged.
At the close, investors exchanged 956,921 units valued at $3,959,209 compared to 1,426,982 units valued at $5,935,222 on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed Friday with 3 stocks ending with bids higher than their last selling prices, while 3 closed with lower offers.
Trading ended with an average of 41,605 units for an average of $172,139 in contrast to 50,964 units for an average of $211,972 on Thursday. The average volume and value for the month to date amounts to 101,813 units valued at $501,965 and previously 101,813 units valued at $501,965. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, AMG Packaging gained 5 cents to end at $1.80, trading 15,810 stock units, Blue Power concluded trading 19,170 units at $4.80, CAC2000 finished trading at $16, while exchanging 20,200 shares, Caribbean Cream ended trading of 19,950 shares, with a loss of 98 cents at $5.02, Caribbean Producers finished trading with a loss of 25 cents at $5.75, in exchanging 18,630 units. Derrimon Trading ended with a loss of 10 cents at $2.60, with 96,381 shares changing hands. Everything Fresh rose 20 cents in trading 73,762 shares to close at $1.80, Express Catering ended trading 117,837 shares, with a loss of 6 cents at $7.49, FosRich Group lost 2 cents to end at $3.84, with 43,049 shares changing hand, General Accident finished trading 1,000 shares at $4. Honey Bun ended 2 cents higher at $4, with 8,781 units changing hands, Indies Pharma fell 5 cents and ended trading 20,039 shares to close at $3, Jamaican Teas settled 48 cents higher at $4.38, trading 14,000 shares, Jetcon Corporation traded 78,210 stock units, but fell 20 cents to $3.80, Key Insurance traded 200 units with a loss of 9 cents at $3.16. Knutsford Express closed at $12, with 13,000 shares changing hands, Lasco Distributors lost 20 cents to close at $3.80, in an exchange of 60,406 shares, Lasco Financial concluded trading of 60,000 stock units at 4 cents higher at $5.05, Lasco Manufacturing gained 24 cents to $3.44, with 11,568 units changing hands. Medical Disposables ended trading at $7.50, with 2,123 shares SSL Venture Capital traded 4,599 shares and lost 1 cent to end at $1.75 and Stationery and Office traded 16,206 shares at $9.98. In the junior market preference segment, Derrimon Trading ended with a loss of 36 cents at $2.15, with 242,000 shares changing hands.

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

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,

Falling stocks dominate JSE main market – Thursday

November 15, 2018 by

The Jamaica Stock Exchange main market lost more ground on Thursday, with volume exceeding Wednesday’s levels by a wide margin.
Market activity closed with 32 active securities in the main and US dollar markets, compared to 33 on Wednesday with the prices of 8 stocks rose, 18 declined and 6 remained unchanged.
The All Jamaica Composite Index lost 299.44 points to end at 390,498.41 and the JSE Index declined by 272.83 points to close at 355,788.24.
Main market trading closed with Jamaica Producers leading with 650,876 units, or 19.7 percent of the day’s volume, Seprod with 616,205 units and 18.7 percent of volume traded and 1834 Investments with 443,270 units accounting for 13.4 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 2 stocks ending with the bid higher than the last selling prices and 3 closing with lower offers.
The market closed with much trading volume than on Wednesday as 3,304,274 units valued at $77,547,412 changed hands, compared with 7,229,792 units valued at $190,325,727 being exchanged, on Wednesday.
Trading resulted in an average of 110,142 units valued at over $2,584,914, in contrast to 225,931 shares valued at $5,947,679 on Wednesday. The average volume and value for the month to date, amounts to 251,748 valued at $3,117,393, compared to 265,815 valued at $3,175,481. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments lost $1 to close at $19, trading 140,000 shares, Berger Paints lost $1.40 and ended at $18.60, with 6,680 stock units, Caribbean Cement dived $4 to close at $46 in trading of 500 shares, Grace Kennedy rose 60 cents to end trading of 10,836 shares at $55, Jamaica Producers dipped 99 cents to end at $23.01, trading 650,876 shares, Jamaica Stock Exchange lost 84 cents, in closing at $10.16, trading 96,393 shares, JMMB Group rose $1.60 to $34, with an exchange of 63,957 shares, Kingston Wharves dropped $2 to $76 trading 14,080 shares, Mayberry Investments shed 43 cents to settle at $9.57, in exchanging 13,638 units, NCB Financial Group rose 40 cents and ended trading of 164,248 shares at $130.41. PanJam Investment gained 60 cents in closing at $65.10, with an exchange of just 1,775 stock units, Sagicor Group declined 90 cents to $38.65, trading 37,603 shares, Sagicor Real Estate Fund fell 98 cents and settled at $11.50, trading 64,571 shares, Scotia Group rose $4.70 trading 90,583 to close at $55.99, Seprod rose $2.50 to end trading 616,205 shares at $29.50, Sterling Investments lost 75 cents and closed at $19.75, trading 800 shares, Supreme Ventures lost 50 cents and ended at $16.50, with an exchange of 156,532 shares and Sygnus Credit Investments Jamaican dollar based ordinary share dropped 95 cents in trading 33,550 units at $11.05.
Trading in the US dollar market amounted to 40,126 units valued at $5,783. Proven investments completed trading 21,126 shares to end at 20 U$ cents and rose 0.5 cents and Sygnus Credit Investments US dollar based ordinary share dropped 2 cents in trading 19,000 units at an all-time low of 8 US cents. The JSE USD Equities Index fell 3.13 points to close at 159.65.

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