The junior market closed on Friday after undergoing a day of subdued activity with 1,443,534 shares valued at $5,505,458 traded. The market index slipped 6.11 points from Thursday’s close, to end at 2,146.80. A total of 12 securities traded, with 3 advancing and 4 declining.
The junior market closed on a soft note with a total of 3 stocks closing with bids higher than their last selling prices and 7 ended with lower offers.
At the end of trading, Caribbean Cream traded 25,000 units and rose 1 cent to end at $4.71, Consolidated Bakeries ended with 51,500 shares changing hands at $1.23, General Accident ended trading with 1,541 shares, to close at $2.60. Honey Bun gained 5 cents to end at $18.25 with 7,290 shares trading, as investors interest in the stock continues with the proposed stock split is expected to be approved later in May. Iron Rock Insurance traded 37,000 shares at $3.40, Jamaican Teas traded 33,174 shares to end at $3.90 with a loss of 1 cent. Jetcon Corporation closed at $3 while 785,615 units traded, KLE Group jumped 37.5 percent in trading 16,550 shares to gain 60 cents and closed at $2.20, Lasco Distributors closed with 185,483 units trading, to close at $7.50, Lasco Financial closed with a loss of 2 cents at $3.47 with 178,184 shares changing hands. Lasco Manufacturing fell 10 cents to close at $4.50 with 121,972 shares trading and tTech ended with 225 shares changing hands, to close at $4.45.
Juniors slipped mildly on Friday
Back to normal for juniors – Thursday
The junior market closed on Thursday with much less trading than for the past two trading days as trading fell back to more normal levels. At the close a total of 3,434,205 shares valued at $13,133,950 traded and the market index slipped from Wednesday’s close.
One stock ended at a 52 weeks’ high as 15 securities traded, with 7 advancing and 5 declining. The junior market index fell 16.48 points, to end at 2,152.91. A total of 3 stocks closed with bids higher than their last selling prices and 4 ended with lower offers.
At the end of trading, AMG Packaging closed at $13 with 1,399 units changing hands, CAC 2000 traded 1,227 shares but fell 40 cents, to $6.50. Caribbean Cream traded 278,527 units and rose 10 cents, to end at $4.70, as demand increased and selling eases for the stock, after the company reported strong gains in profit, for the year to February. Caribbean Producers traded 227,325 units a fell by 11 cents to end at $3.90. Consolidated Bakeries fell 15 cents with 5,000 shares changing hands at $1.23, General Accident ended trading with 649,313 shares, to close at $2.70, Honey Bun fell 10 cents to end at $18.20 with 21,190 shares trading, as investors interest in the stock continues with the proposed stock split is expected to be approved later in May. Jamaican Teas traded 2,455 shares to end at $3.91. Jetcon Corporation rose 10 cents and ended at a 52 weeks’ high of $3 while 10,477 units traded as selling pressure eases for this stock with only 4 offers posted at the close of trading. KLE Group had 518,582 shares trading and gained 15 cents to close at $1.60, Lasco Distributors closed with 84,517 units trading, ended with a gain of 5 cents to close at $27.50, Lasco Financial closed at $3.49 with 43,670 shares changing hands. Lasco Manufacturing rose 2 cents to close at $4.60 with 1,578,723 shares trading, Medical Disposables traded 4,000 shares to close 27 cents higher at $3.42 and tTech ended with 7,800 shares changing hands and gained 30 cents to close at $4.45.
LasD big day on Wednesday
There were two 52 weeks’ highs with 15 active securities trading, as 6 advanced and 4 declined and the junior market index rose 10.83 points, to end at 2,169.39. A total of 3 stocks closed with bids higher than their last selling prices and 5 ended with lower offers.
At the end of trading in the market, Caribbean Cream traded 3,000 units and rose 15 cents to end at $4.60, Caribbean Flavours traded 17,000 units at $8.50, Consolidated Bakery gained 3 cents with 76,757 shares changing hands at $1.38, Dolphin Cove gained 1 cent 23,856 to end at $12.51. General Accident ended trading 9,000 shares to close at $2.70, Honey Bun jumped $1.30 to end at a 52 weeks’ high of $18.30 with 7,042 shares trading, ISP Finance gained 6 cents to close at a 52 weeks’ high of $2.80 with 63,000 shares. Jamaican Teas traded 8,000 shares to end at $3.91, Jetcon Corporation ended at $2.90 while 294,854 units traded, Knutsford Express had 2,100 shares trading and gained $2.10 to close at $18.90, Lasco Financial lost 1 cent to close at $3.49 with 218,990 shares changing hands. Lasco Manufacturing lost 1 cent to close at $4.58 with 195,355 shares trading, Medical Disposables traded 62,200 shares to close 27 cents lower at $3.15 and Paramount Trading ended with 35,000 shares changing hands at $10.85.
Trading falls for juniors – Thursday
At the close, 7 stocks closed with bids higher than the last selling prices and 3 ended with lower offers. Volume traded is 3,938,670 shares valued at $14,970,710.
At the end of trading in a market, AMG Packaging traded 1,848 shares at $13, Caribbean Cream traded 133,566 units to gain 20 cents and end at $4.20, Consolidated Bakeries rose 8 cents in trading 18,782 shares to close at $1.25, Honey Bun rose $1.20 to end at $17 with 4,000 shares trading. Iron Rock Insurance traded at $3.30 while 9,786 shares changed hands with a gain of 20 cents, ISP Finance had 50,000 shares changing hands and rose 29 cents to close at $2.74, Jamaican Teas traded 5,000 shares and gained 30 cents to end at $4, Jetcon Corporation fell 15 cents to end at $2.70 while 880, 327 units traded. Lasco Distributors rose 5 cents and ended at $7.25 with 272,349 shares trading. Lasco Financial lost 10 cents to close at $3 with 1,397,376 shares changing hands, Lasco Manufacturing rose 15 cents to close at $4.85 with 1,213,474 shares trading and tTech ended with 2,162 units changing hands to end with a gain of 3 cents at $4.18.
Juniors dip as 8 stocks fall – Tuesday
Trading on the junior market resulted in more stocks declining than rising by a wide margin and ended with the index dropping 37.33 points end at 2,067.53 on Tuesday. A volume of 3,312,315 shares valued at $12,515,372 traded, including two large trades, with Lasco Manufacturing accounting for 1,106,586 shares and Caribbean Producers with 1,063,150 shares.
The market closed with 16 active securities, 2 of which advanced and 8 declined while 2 stocks closed with bids higher than the last selling prices and 3 ended with lower offers.
At the end of trading in a market, Access Financial Services closed at $16.50 with 5,000 units changing hands, Caribbean Cream traded 109,925 units but lost 17 cents to end at $3.83, Caribbean Flavours lost 5 cents to close at $8.50 while 1,222 shares were traded, Caribbean Producers fell 10 cents to end at $3.90. Consolidated Bakeries fell 10 cents in trading just 122,376 shares to close at $1.20, C2W Music had 29,019 units changing hands at 32 cents, General Accidents closed at $2.65 with 136,177 shares changing hands, Honey Bun rose 50 cents to end at $16 with 8,527 shares trading. Iron Rock Insurance fell 40 cents to $3.10 while trading 118,926 shares, ISP Finance had 19,300 shares changing hands, at $2.45, Jamaican Teas traded 74,583 shares at $3.50, KLE Group traded 331,000 shares at $1.40, Lasco Distributors lost 98 cents and ended at $6.52 with 115,359 units trading. Lasco Financial closed at $3 with 43,200 shares changing hands but with a loss of 3 cents, Lasco Manufacturing gained 20 cents to close at $4.75 and tTech fell 3 cents and ended with 27,965 shares changing hands at $4.15.
Juniors pulled back – Monday
The market closed with 15 active securities, 2 of which advanced and 5 declined while 4 stocks closed with bids higher than the last selling prices and 4 ended with lower offers.
At the end of trading in a market, Access Financial Services closed at $16.50 with 150 units changing hands, AMG Packaging gained $1 to close at $13 with 12,460 units changing hands, Caribbean Cream traded 62,882 units at $4, Caribbean Producers traded 4,150 units to end at $4. Consolidated Bakeries fell 1 cent in trading just 500 shares to close at $1.20, C2W Music had 1,000 units changing hands at 32 cents after losing just 1 cent, Dolphin Cove traded 20,000 shares at $13, General Accident closed at $2.65 with 1,447,523 shares changing hands, Honey Bun rose $2.50 to end at $15.50 with 3,000 shares trading. Key Insurance fell by 5 cents to close at $2.50 after 7,913 shares changed hands, Lasco Distributors ended at $7.50 with 344,182 units trading, Lasco Financial closed at $3.03, with 347,500 shares changing hands. Lasco Manufacturing fell 15 cents with 1,436,456 shares changing hands to close at $4.55 and tTech ended with 29,200 shares changing hands at $4.18.
Juniors jump 8% on – Friday
The junior market index jumped sharply by 159.72 points or 8 percent on top of the 72.93 points it gained on Thursday to end at 2,114.08 on Friday. As was the case on Thursday Lasco Distributors and Manufacturing made big impression on the market index. The volume traded ended with 2,723,962 units valued at $12,229,768, changing hands. The market closed with 16 active securities, 9 of which advanced and 3 declined while one stock closed at a 52 weeks’ high.
At the close of trading 4 stocks closed with bids higher than the last selling prices and just 4 ended with lower offers.
At the end of trading in a market with price gains dominated by the Lasco companies, AMG Packaging closed with a loss of 2 cents in trading 5,540 units to end at $12, CAC 2000 traded 1,400 shares 40 cents higher to close at $6.90. Cargo Handlers ended with 100 shares changing hands for a gain of $1.49 and closed at a 52 weeks’ high of $45, Caribbean Cream traded 233,322 units at $4, Caribbean Producers traded 100,000 units to end at $4, Consolidated Bakeries gained 11 cents in trading 7,870 shares to close at $1.21, Dolphin Cove traded 714 shares to close at $13. Iron Rock Insurance 28,000 units on the bid at $3.50, ISP Finance had 20,719 units changing hands but lost 5 cents to close at $2.45, Jetcon Corporation had 575,835 shares trading with a gain of 3 cents at $2.50, Key Insurance rose by 5 cents to close at $2.55 after 30,114 shares changed hands, Lasco Distributors jumped $1.29 to end at $7.50 with 528,460 units trading, Lasco Financial gained 4 cents to close at $3.03, with 117,447 shares changing hands. Lasco Manufacturing gained 56 cents with 977,026 shares changing hands to close at $4.70, Medical Disposables closed at $3.10 with 50,000 shares trading with a loss of 5 cents, tTech ended with 47,415 shares changing hands with a gain of 1 cent at $4.18.