JSE Junior Market

Trading picked up in the Junior Market

October 24, 2014 by IC Insider.com

Lasco”s new I Cool drinks

Trading picked up in the Junior Market, on the final trading day of the week, with Lasco Distributors and Lasco Manufacturing dominating trading with nearly 3 million shares. The market closed trading with 3,135,271 units, valued at $3,514,115. The JSE Junior Market Index fell 6.59 points to close at 661.40. Only 7 securities traded, 2 advanced, 2 declined and 3 remained unchanged.
At the close of the market, there were 3 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower. The junior market continues to exhibit weakness with 11 securities closing with no bids to buy. There were 4 securities that had no stocks being offered for sale.
Stocks trading are, Consolidated Bakeries with 66,667 shares rose by 5 cents to 85 cents followed by General Accident with 2,059 shares and was up 1 cent, to end $1.51, Lasco Distributors traded 1,293,130 units, closed 10 cents lower at $1.20, AMG Packaging traded 2,300 shares at $2.25, Lasco Manufacturing had 1,662,000 units trading to close at 95 cents, Medical Disposables 2,500 shares traded down by 4 cents to $1.96 and Paramount Trading had 106,615 units changing hands at $2.70.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Consolidated Bakeries, General Accident, Lasco, Medical Disposables, Paramount Trading

Lasco Distributors up 13 cents pushes index

October 23, 2014 by IC Insider.com

The Junior Market closed trading with 80,653 units valued at $113,420. The JSE Junior Market Index rose 15.22 points to close at 667.99. Only 4 securities traded, 2 advanced, 1 declined and 1 traded firm.
At the close of the market there were 4 stocks with bids higher than the last selling prices and 4 stocks with offers that were lower. The junior market continues to exhibit weakness with 11 securities closing with no bids to buy. There were 5 securities that had no stocks being offered for sale.
Caribbean Producers with 23,972 shares lost 3 cents to end at $2.35, Lasco Distributors traded 1,681 units, closed 13 cents higher at $1.30, just ahead of the release of the September results, Lasco Financial Services with 53,000 units, closed at $1 and Lasco Manufacturing had 2,000 units trading to close at 95 cents after gaining 4 cents.

Filed Under: JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), Jamaican Stock, Lasco

4 junior market companies trade

October 22, 2014 by IC Insider.com

The Junior Market closed trading with 985,533 units valued at $941,249. The JSE Junior Market Index fell 8.63 points to close at 652.77. Only 4 securities traded in the market, continuing a long period of low participation, 1 advanced and 2 declined.
At the close of the market, there were 4 stocks with the bids higher than their last selling prices, and 4 stocks with offers that were lower. The junior market continues to exhibit weakness with 12 securities closing with no bids to buy. There were 4 securities that had no stocks being offered for sale.
in actual trading, AMG Packaging with 2,480 shares lost 25 cents to end at $2.25, a new 52 week’s low, Lasco Distributors traded 92,000 units and closed 2 cents higher, at $1.17, Lasco Financial Services with 8,200 units, closed at $1, Lasco Manufacturing had 879,353 units trading to close at 91 cents after losing 7 cents and Paramount Trading had 3,500 units changing hands at $2.70, the offer closed at $2.50 at the end of trading.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, junior market, Lasco, Paramount Trading

Lasco Finance up 15 cents

October 21, 2014 by IC Insider.com

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The Junior Market closed trading with 124,625 units valued at only $158,408. The JSE Junior Market Index increased 2.04 points to close at 661.40 with only 3 securities traded, 1 advanced and none declined.
At the close of the market there were 5 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower. The junior market continues to exhibit weakness with 11 stocks closing with no bids to buy. There were 5 securities that had no stocks being offered for sale.
At the close of trading the active stocks are, Caribbean Producers trading 24,625 shares to end at $2.38, Lasco Financial Services gained 15 cent with 80,000 units, to close at $1 and Lasco Manufacturing had 20,000 units trading, to close at 98 cents.

Filed Under: JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), Daily Trading, junior market, Lasco Financial, Lasco Manufacturing

Only 3 junior market securities trade

October 17, 2014 by IC Insider.com

The Junior Market closed trading, with a mere 27,140 units valued at $54,491. The JSE Junior Market Index fell 4.50 points to close at 659.36 as only 3 securities traded with all 3 declining.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market continues to exhibit weakness with 11 stocks closing with no bids to buy. On the other hand there were 7 stocks that closed without offers to dell.
In market activity, Caribbean Producers with 20,000 units, closed 7 cents lower at $2.38, Consolidated Bakeries traded 6,640 units trading with a cent fall, to end at 80 cents and Lasco Financial with 500 shares, closed with a loss of 12 cents, at 85 cents.

Filed Under: JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), Consolidated Bakeries, junior market, Lasco

4 stocks trade on junior market

October 14, 2014 by IC Insider.com

The Junior Market closed trading with only moderate interest and only 153,055 units valued at $196,918 changed hands. The JSE Junior Market Index increased 2.07 points to close at 666.40 as only 4 securities traded with 1 advancing and 1 declining.
At the close of the market there were 3 stocks with bids higher than the last selling price and 5 stocks with offers that were lower. The junior market continues to exhibit weakness with 9 stocks closing with no bids to buy, against 5 that had no stocks being offered for sale.
Lasco Manufacturing with 29,802 units, closed 2 cents higher at $1.04, Paramount Trading had 18,511 units trading, falling 2 cents to $2.50, Lasco Distributors traded 100,000 shares at $1.15 and Lasco Financial traded only 4,742 units at $1.

Filed Under: JSE Junior Market, Stock Market Tagged With: junior market, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Paramount Trading

Low trading in junior market

October 13, 2014 by IC Insider.com

The Junior Market had trading in only 404,855 units valued at $754,027. The JSE Junior Market Index fell 3.57 points to close at 664.33 as 6 stocks traded including one from the Preference section, with 2 advancing and 2 declining.
At the close of the market there were 4 stocks with the bids higher than the last selling price and 5 stocks with offers that were lower. The junior market continues to exhibit weakness with 10 stocks closing no bids to buy against 6 that had no stocks being offered for sale.
Lasco Financial traded 50,000 shares at $1 by gaining 5 cents followed by Lasco Manufacturing with 60,000 units to gain 2 cents to end at $1.02, Dolphin Cove traded 20,000 units at $8, Caribbean Producers traded 71,805 shares with the loss of 15 cents to end at $2.45 and General Accident traded 202,600 shares at $1.50, in losing 12 cents. Eppley 9.5% preference share traded 450 units at $6.10.

Filed Under: JSE Junior Market, Stock Market Tagged With: Dolphin Cove, Eppley, General Accident Insurance, junior market, Lasco Financial, Lasco Manufacturing

Lasco companies lift trading on junior market

October 10, 2014 by IC Insider.com

Lasco water treatment machines, part of the new factory facility at the White Marl in St Catherine,

Just outside Jamaica’s old capital, Spanish Town at White Marl in St Catherine Fresh sits Lasco Manufacturing’s impressive new factory and warehousing facilities, the venue for an analyst and brokerage house tour on Thursday.
The executives of all three Lasco listed companies, hosted a briefing at which the companies performance for the financial year to March this year and results for the June 2014 quarter, were highlighted, along with explanations for some of the new developments, including the addition of more warehousing space, to meet projected increased demand and some of the prospects for growth going forward.
Fresh on the heels of the tour, the two main Lasco companies that will directly benefit from the expansion, traded the largest quantity for some time. Lasco Distributors traded 1.26 million shares and Lasco Manufacturing 1.78 million units.
The Junior Market had trading in 3,828,805 units valued at $4,547,128. The last time the junior market traded with such volume is September 9 when nearly 19 million units were traded. At the close of the market, the JSE Junior Market Index fell 3.01 points to close at 667.90. Only 4 securities traded, none advanced while 2 declined.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower. The likelihood of continuing weakness is reflected in the 9 stocks that had no bids to buy, against 6 that had no stocks being offered for sale.
In trading, General Accident with 613,089 shares lost 7 cents to end at $1.62, Medical Disposables closed at the lowest price since it was listed in December last year, by shedding 12 cents in ending at $1.88, while trading 172,587 shares. The stock price is close to the IPO price of $1.83. Lasco Distributors traded 1,264,872 units at $1.15 and Lasco Manufacturing traded 1,778,257 shares to close at $1.

Filed Under: JSE Junior Market, Stock Market Tagged With: General Accident, junior market, Lasco, Medical Disposables

No sign of Junior Market movement

October 9, 2014 by IC Insider.com

Heating of raw material to make bottles for Lasco’s new drinks

The Junior Market enjoyed trading in 563,087 units valued at $615,023. The JSE Junior Market Index fell 1.53 points to close at 670.91 as 4 stocks traded with none advancing and 1 declining.
At the close of the market there was 2 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower. The likelihood of continuing weakness is reflected in the 10 stocks that had no bids to buy against 7 that had no stocks being offered for sale.
Lasco Distributors with 278,128 units, closed 1 cent lower at $1.15, Dolphin Cove traded 1,470 units at $8, Lasco Financial 4,657 shares at 95 cents and Lasco Manufacturing 278,832 units at $1.

Filed Under: JSE Junior Market, Stock Market Tagged With: Daily Trading, Dolphin Cove, junior market, Lasco

Low junior market trading continues

October 8, 2014 by IC Insider.com

There was trading in 5 junior market securities accounting for only 131,243 units, valued at $178,904, on Wednesday. The JSE Junior Market Index gained 2.73 points to close at 672.44 with 1 stock advancing and 1 declining.
At the close of the market there was 1 stock with the bid higher than the last selling price and 6 stocks with offers that were lower. The likelihood of continuing weakness in this markets segment, is reflected in the 10 stocks that had no bids to buy, against 6 that had no stocks being offered for sale.
In trading, General Accident with 5,000 units is the only stock to gain at the end of trading in the junior market with the price rising 7 cents to $1.69. Lasco Financial with 56,843 units, closed at 95 cents, Lasco Manufacturing put through 53,400 units at $1 and Sweet River Abattoir traded for the second time since listing in mid-September, accounting for 16,000 shares, the price slipped 4 cents back to its IPO price of $3.86.
Jamaican Teas 8% debenture traded 3,000 units with the price remaining at $100 each.