Lasco Manufacturing dominates juniors

September 3, 2015 by

Bottle heating machine at Lasco Manufacturing. The company traded 1.6m shares on Thursday.

Bottle heating machine at Lasco Manufacturing. The company traded 1.6m shares on Thursday.

Trading on Thursday ended with 2,195,835 units, valued at $4,389,876 changing hands from a total of 12 securities that traded up from only 7 on Wednesday. The price of 4 stocks declined and 3 advanced with the junior market index lost 2.29 points to close at 969.88. Lasco Manufacturing traded 1.6 million units to be the main contributor to the volume traded.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 2 with lower offers.
Stocks trading are, Access Financial traded 7,670 shares to close with a 20 cents increase at $12.20, Cargo Handlers ended with 1,256 shares changing hands and closed at $31, Caribbean Cream ended with 245,000 shares changing hands at $1.71 for a 69 cents decline, Caribbean Producers traded 15,000 units at $2.40, after losing 10 cents. Consolidated Bakeries traded 3,149 shares at $1.20, General Accident Insurance ended with 20,000 shares trading unchanged at $1.42 at the close. JM - Trade Sheet 3-9-15Jamaican Teas had 7,000 shares trading at $3.25 and gained 15 cents, KLE Group traded unchanged at 50 cents with 10,000 units changing hands, Lasco Distributors fell 3 cents to $1.91, with 6,000 units changing hands. Lasco Financial ended with 216,000 shares changing hands at $1.87, for a rise of 21 cents after trading earlier at $1.70, Lasco Manufacturing ended with 1,595,585 shares changing hands at $1.80, but traded as high as $1.95 and Eppley cumulative preference share 2019, ended with 69,175 units changing hands at $6.05.

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

Carib Flavours dominates juniors

September 2, 2015 by

Caribbean Flavours dominated junior market

Caribbean Flavours dominated junior market

Trading on Wednesday ended with 1,628,246 units, valued at $4,268,911 changing hands from a total of 7 securities that traded. The price of 2 stocks declined and 1 advanced with the junior market index adding 20.03 points to close at 972.17. Caribbean Flavours traded 1.22 million units to be the main contributor to the volume traded.
At the close, 5 securities ended with no bids to buy, while 5 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 2 with lower offers.
Stocks trading are, Caribbean Flavours traded 1,221,984 units firm at $2.70 in three trades, Caribbean Producers traded 159,738 units at $2.50, after the company reported good full year’s JM - Trade Sheet 2-9-15results on Tuesday. Dolphin Cove traded 2,100 shares at $12.90, a fall of 10 cents, General Accident Insurance ended with 81,279 shares trading unchanged at $1.42 at the close. Honey Bun had 17,080 shares trading at $3.95 but lost 30 cents, Lasco Distributors was up 14 cents to $1.94, with 9,030 units changing hands, after trading at $2 and Medical Disposables traded 137,035 shares to close unchanged at $2.50.

Filed Under: JSE Junior Market Tagged With: , , , , , ,

Kremi gains 40 cents on Tuesday

September 1, 2015 by

Caribbean Cream closed with a gain of 40 cents on Tuesday.

Caribbean Cream closed with a gain of 40 cents on Tuesday.

Trading on Tuesday ended with 422,713 units, valued at $1,646,233 changing hands from a total of 12 securities that traded. The price of 3 stocks declined and 4 advanced with the junior market index falling 7.54 points to close at 952.14. Caribbean Cream jumped to $2.40 with trading in the stock being halted for an hour as the price exceeded 15 percent on an initial trade and did not trade after reopening a few minutes after 11 am.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 4 with the offers being lower.
Stocks trading are, Access Financial ended at $12 with a loss of $4.50 with 11,886 units changing hands, Cargo Handlers ended with 19,361 shares changing hands and closed at $31, Caribbean Cream rose 40 cents to $2.40 with 72,998 units trading. Caribbean Flavours traded 5,670 units and added 15 cents to end at $2.70, Caribbean Producers traded 103,091 units at $2.50, JM - Trade Sheet 1-9-15Consolidated Bakeries traded 1,000 shares at $1.20, Lasco Distributors was up 10 cents to $1.80, with 8,134 units changing hands, the stock closed with a bid to purchase 3,000 shares at $1.95. Lasco Financial closed with 50,000 units trading to end at $1.66, after rising 1 cent, Lasco Manufacturing closed at $1.90 with 61,231 units changing hands. Medical Disposables traded 78,000 shares to close unchanged at $2.50, Paramount Trading ended with 2,542 shares changing hands at $5.75, for a fall of 25 cents and Eppley cumulative preference share 2019, ended with 8,700 units changing hands at $6.01 with a loss of a cent.

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

7 stocks up 3 down for juniors

August 31, 2015 by
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Blue Power jumped to a 52 weeks' high of $14 on Monday

Blue Power jumped to a 52 weeks’ high of $14 on Monday

Trading picked finished on Monday with 896,833 units, valued at $2,532,872 changing hands from a total of 13 securities that traded. Only 3 stocks declined and 7 advanced with the junior market index gaining 9.69 points to close at 959.68.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and none with the offer being lower.
Stocks trading are, Access Financial ended at $16.50 with a gain of $3.50 with 13,547 units changing hands, Blue Power rose $1.70 to a new 52 weeks’ high of $14 while 3,000 shares traded, Caribbean Cream ended with 300,018 shares changing hands at $2 for a 30 cents increase. Caribbean Producers traded 10,006 units at $2.51, for a decline of 9 cents, Consolidated Bakeries traded 17,950 shares at $1.20 after shedding 9 cents, Dolphin Cove JM Trade 31-8-15gained 85 cents to $13, while 62,000 shares traded, General Accident Insurance traded 30,000 units at $1.42, Honey Bun with 11,358 shares changing hands, closed with a gain of 25 cents at $4.25, for a 52 weeks’ high, Jamaican Teas had 4,149 shares trading, to close at $3.10, Lasco Distributors was up 8 cents to $1.70, with 224,468 units changing hands. Lasco Financial closed with 57,133 units trading to end at $1.65, after rising 1 cent, Lasco Manufacturing gained 10 cents in closing at $1.90 with 129,204 units changing hands and Medical Disposables traded 22,000 shares to close unchanged at $2.50.

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

Trading volume picks up for juniors

August 28, 2015 by

Caribbean Flavours fell 20 cents on Friday although profit to June 2015 climbed 21.7%

Caribbean Flavours fell 20 cents on Friday although profit to June 2015 climbed 21.7%

Trading picked up from Thursday’s depressed levels of just over 49,000 units trading and finished on Friday with 364,047 units, valued at $724,515 changing hands. A total of 7 securities traded with 3 stocks declining and 2 advancing. The junior market index gained 11.92 points to close at 949.99.
At the close, 4 securities ended with no bids to buy, while 2 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 1 with the offer being lower.
Stocks trading are, AMG Packaging finished with 28,175 shares to close at $3.65, with a loss of 9 cents, Caribbean Cream ended with 222,048 shares changing hands at $1.70, Caribbean Flavours traded 10,000 units at $2.55, for a decline of 20 cents. The company JM Trade 28-08-15released audited financial statements showing profit of $58 million or 64 cents per share, versus $47 million or 56 cents in 2014, from sales revenue that were up to $307 million from $255 million in 2014. Caribbean Producers traded 49,061 units at $2.55, Honey Bun with 1,100 shares changing hands, closed with a gain of 30 cents at $4, Lasco Financial closed with 50,633 units trading, to end at $1.64, after shedding 16 cents and Lasco Manufacturing gained 10 cents in closing at $1.90 but with only 3,300 units changing hands.

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

Limited trading on junior market

August 27, 2015 by

Trading finished with limited activity with just 7 securities changing hands. At the close 2 stocks declined and 3 gained, resulting in only 49,128 units, valued at $108,535 changing hands. The market gained 22.29 points to close at 938.07.
At the close, 4 securities ended with no bids to buy, while 2 had no stocks being offered for sale and 3 stocks closed with bids higher than the last traded prices and 1 with the offer being lower.
JM Trade 2708-15Stocks trading are, Access Financial Services finished with 1,000 shares to close at $13, with a gain of $2, Caribbean Cream ended with 2,600 shares changing hands at $1.70 for an increase of 10 cents, General Accident Insurance traded 10,000 units with the price closing unchanged at $1.42, after shedding 8 cents. Jamaican Teas had 10,000 shares trading to close at $3.10 after losing 2 cents, Lasco Distributors closed with 12,390 units trading, to end at $1.62, the stock closed with the bid at $1.65 to buy 500,000 shares. Lasco Manufacturing gained 8 cents in closing at $1.80 with 12,613 units changing hands and Paramount Trading ended with 565 units changing hands unchanged at $6.

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

Lasco Manufacturing trades 14m shares

August 26, 2015 by

Lasco's water treatment machines - there was more than 12M units trading on Wednesday.

Lasco’s water treatment machines – there was more than 12M units trading on Wednesday.

Trading finished with 4 stocks declining and 4 gaining out of 14 securities that traded, resulting in 14,253,052 units, valued at $25,233,568 changing hands with Lasco Manufacturing accounting for 12,053,445 units valued at $20.73 million, 12 million units was embodied in one trade relating to VMBS Wealth Management pension assets for clients. The market lost 2.70 points to close at 915.78.
At the close, 4 securities ended with no bids to buy, while 3 had no stocks being offered for sale and 3 stocks closed with bids higher than the last traded prices and 2 with the offers being lower.
Stocks trading are, Access Financial Services with 100 shares to close at $11, with a gain of 50 cents. At the close the bid was at $12 to buy 2,000 units, AMG Packaging closed with a loss of 21 cents at $3.74 with 290,000 units changing hands, Blue Power closed with 4,806 units changing hands to close at $12.30 with a loss of 5 cents. Caribbean Producers traded just 939 units with a loss of 17 cents at $2.72, Consolidated Bakeries traded 30,000 shares at $1.29 after shedding 24 cents, General Accident Insurance traded 70,200 units with the price closing unchanged at $1.50, Honey Bun ended with 17,662 shares trading unchanged at $3.70, Jamaican Teas had only 196 shares trading to close at $3.12.JM - Trade 26-08-15 Lasco Distributors closed with 1,594,030 units trading, ended with a gain of 2 cents at $1.62. Lasco Financial ended with 124,699 shares changing hands at $1.80, for a rise of 17 cents, Lasco Manufacturing gained 2 cents in closing at $1.72 with 12,053,445 units changing hands. Medical Disposables traded 13,000 shares to close unchanged at $2.50, Paramount Trading ended with 3,975 units changing hands unchanged at $6 and Eppley cumulative preference share 2019, ended with 50,000 units changing hands at $6.05.

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

Junior market drops 12% from peak

August 25, 2015 by

JSE sign Trading finished with 4 stocks declining and 1 gaining out of 12 securities that traded, resulting in 3,952,442 units, valued at $11,099,945 changing hands. The market lost 30.25 points to close at 918.48, having shed 122 points or 12 percent since it peaked at 1,040.59 on August 11.
The August decline is a bit worse than the 10 percent pull back, after it recorded a peak of 934.69 on June 10, to bottom out on July 27. The sharp movement by junior market stocks is characteristic of the market around the release of results going back from the early days of the junior market index. At the close, 4 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 2 stocks closed with bids higher than the last traded prices and 4 with the offers being lower.
Stocks trading are, Access Financial Services traded 1,500 shares to close at $10.50, with a gain of 50 cents at the close the bid was at $11 to buy 1,000 units. The stock has been trading on thin volumes, with support mostly around the $10 region. AMG Packaging closed at $3.95 with 4,000 units changing hands, Caribbean Cream traded 67,000 units to close 20 cents lower at $1.60. JM Trade 25-08-15Caribbean Flavours traded 10,000 units unchanged at $2.75, Caribbean Producers traded just 3,077 units at $2.72, General Accident Insurance traded 274,062 units with the price closing unchanged at $1.50, Jamaican Teas had 2,000,000 shares trading to close at $3.12, Lasco Distributors closed with 476,042 units trading, ended down 20 cents at $1.60. Lasco Financial ended with 500,000 shares changing hands at $1.63 for a fall of 2 cents, Lasco Manufacturing with 240,261 units changing hands, closed at $1.70, with a fall of 15 cents, Paramount Trading ended with 2,500 units trading unchanged at $6 and Eppley 9.5% preference share ended with 374,000 units changing hands at $6.05.

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

Access drops 46% on junior market

August 24, 2015 by

Access Off sign Access Financial Services has lost 46 percent in three trading days on the JSE junior market, ending at $10 on Monday. Trading finished with 4 stocks declining and 6 gaining out of 13 securities that traded, resulting in 920,177 units, valued at $2,765,138 changing hands. The market lost 34.14 points to close at 948.73, having shed nearly 100 points since it peaked earlier in the month.
At the close 4 securities ended with no bids to buy, while 5 had no stocks being offered for sale and 2 stocks closed with bids higher than the last traded prices and 5 with the offers being lower.
Stocks trading are, Access Financial Services traded 21,500 shares to close at $10, with a fall of $3. The stock has been trading on thin volumes, with support mostly around the $10 region, leaving a big gap that the bulk of buying is at and $19, the price it ran up to earlier the month. AMG Packaging closed at $3.95 with 6,200 units changing hands, Blue Power closed with 7,777 units changing hands with a gain of 5 cents at $12.35, Caribbean Cream traded 96,271 units to close 19 cents lower at $1.80. Caribbean Producers traded just 2,305 units at $2.72. Dolphin Cove finished with 2,120 shares while shedding 85 cents to end at $12.15, JM Trade 24-08-15General Accident Insurance traded 205,537 units with the price closing 20 cents higher at $1.50, Honey Bun with 78,140 shares changing hands and closed with a gain of 5 cents at $3.70, Jamaican Teas had 2,070 shares trading to close with a gain of 2 cents at $3.12. Lasco Distributors closed with 4,877 units trading, 1 cent up at $1.80, Lasco Financial ended with 447,738 shares changing hands at $1.65 for a fall of 1 cent, Lasco Manufacturing with 37,642 units changing hands, closed at $1.85, up 1 cent and Jamaican Teas variable rate bond traded 8,000 units to close at $100.

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

Over 3,000 points off JSE for week

August 21, 2015 by

NCB helped pull the JSE down by more than 3,000 points in closing at $28.02 on Friday.

NCB helped pull the JSE down by more than 3,000 points in closing at $28.02 on Friday.

The Jamaica Stock Exchange on Friday closed with main market indices recording another day of losses, adding to the losses of the previous two days. The market closed with a fairly high participation rate of 33 securities changing hands resulting in 5,295,463 units trading, valued at $53,837,873 with 9 stocks rising, 10 declining including 1 stock closing at 52 weeks high and 1 at a 52 weeks’ low, in all market segments.
At the close, the JSE Market Index fell 680.29 points to 97,761.47, for the week the index lost 3,047.20 points. The JSE All Jamaican Composite index dived 760.37 points on Friday and 3,405.92 for the week to close at 108,210.06 and the JSE combined index dropped 731.14 points for the day and 3,285.21 points for the week, to end at 101,078.60.
JSE sum- 21-08-15 IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading that reflects continuation of declining stocks having the upper hand over advancing ones with 8 stocks with bids higher than their last selling prices and 8 with offers that were lower.
In trading, Caribbean Cement had 87,642 units changing hands at $8, Carreras traded 163,263 shares at $50, Desnoes & Geddes traded 1,732,428 shares at $7, Gleaner closed with 18,416 shares and rose 12 cents to $1.92. Jamaica Broilers traded at $5.62 with 203,100 shares changing hands for a loss of 23 cents, JMMB Group traded 254,309 shares for a fall of 45 cents to $7.50,JSE fn Qts-21-08-15 Kingston Wharves ended with 6,000 shares changing hands to close at a 52 weeks’ high of $7.20 for a gain of 4 cents. National Commercial Bank traded 390,891 shares to end lower by 98 cents to $28.02, Palace Amusement traded 6,300 shares at $88 to add $13, Proven Investments ordinary share traded 320,000 units at 20.55 US cents, up 1.05 cents. Sagicor Group with 134,976 shares changing hands, closed 5 cents higher at $13, Scotia Group traded 166,559 units to close at $24, up 25 cents. Supreme Ventures ended at $3.30 with 15,253 units to be down by 5 cents and Jamaica Money Market Brokers 7.50% preference share traded 486,000 units at $2.

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