Juniors falter but 8 stocks rose – Friday

Paramount closed at a new all-time high of $29.

Paramount closed at a new all-time high of $29.

Trading closed on the junior market with a mild retreat from challenging the record close on October 10, of 2,477.78 but the ratio of advancing stocks was 4 to 1 over decliners. The market index slipped 14.89 points to 2,452.21 and is up 37 percent year to date.
Trading volume dropped 30 percent from Thursday’s levels, ending with 1,625,906 units changing hands, while value traded, declined 16 percent to $9,305,449 from $11,077,945 on Thursday.
An average of 116,136 units with an average value of $664,675 traded, compared to 193,512 units with an average value of $923,162 on the preceding trading day. ICI Jm sum 4-11-16The average for the month to date is 100,635 units at $571,332 compared to 129,138 units at $709,705 for October.
At the close of the market, 14 securities traded, versus 12 on Thursday resulting in 8 stocks advancing and 2 declining. The market closed with 2 stocks hitting a record highs and 1 at a low. Market activities ended with 7 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In trading activity, AMG Packaging gained $1 and ended with 10,390 shares changing hands at $19.50, CAC 2000 traded 1,000 units and closed at a new low of $4.50 having lost 60 cents, as investors continue to react negatively to the impact of the loss from the lawsuit for damages on the company’s finances. Cargo Handlers ended with a gain of $1.20 with 32,200 shares changing hands at a new closing high of $12.50, Caribbean Cream closed with 1,000 shares changing hands and rose 24 cents to end at $7.85. ICI Jm trds 4-11-16Caribbean Producers gained 8 cents and closed trading with 145,000 units at $3.58, Dolphin Cove closed with 200 units changing hands and gained 20 cents to end at $15.49, Honey Bun with 100 shares changing hands closed at $6.10, Iron Rock Insurance traded 900 shares and gained 30 cents to end at $3.60. Knutsford Express traded 2,600 shares in closing at $22, Lasco Distributors ended with 957,467 shares trading to close at $7. Lasco Financial rose by 10 cents with 345,100 shares changing hands to close at $3.10, Lasco Manufacturing fell 5 cents and closed at $4.95 with 128,758 shares changing hands, Medical Disposables traded just 500 units but rose 15 cents to $5.55 and Paramount Trading jumped $2 with 691 units changing hands to close at new high of $29.

Juniors 11 points short of record – Thursday

The junior market within touch of record territory

The junior market within touch of record territory

Trading closed on the junior market just 10.68 points away from the previous record close on October 10, with the number of advancing stocks just edging out decliners, pushing the market index up by 7.98 points to 2,467.10 up 38 percent year to date.
Trading volume jumped 345 percent from Wednesday’s levels, ending with 2,322,147 units changing hands, while value traded, climbed 48 percent to $11,077,945 from $7,467,867 on Wednesday.
An average of 193,512 units with an average value of $923,162 traded, compared to of 27,445 units ICI Jm sum 3-11-16with an average value of $393,046 on the preceding trading day. The average for the month to date is 95,468 units at $540,218 compared to 129,138 units at $709,705 for October.
At the close of the market on 12 securities traded, versus 19 on Wednesday resulting in 4 stocks advancing and 2 declining. Market activities ended with 8 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In trading activity, AMG Packaging gained $1 and ended with 5,000 shares changing hands at $19.50, Cargo Handlers ended with a gain of 30 cents with 3,203 shares changing hands at $11.30, Caribbean Cream closed with 15,780 shares changing hands and rose 55 cents to end at $7.61.ICI Jm trds 3-11-16 Caribbean Producers lost 15 cents and closed trading with 6,062 units at $3.50, Derrimon Trading closed with 892 units changing hands and gained 20 cents to end at $4.80, General Accident Insurance traded 994,028 shares at $3. Honey Bun with 309 shares changing hands closed at $6.10, Knutsford Express traded 1,676 shares in closing at $22, Lasco Distributors ended with 966,639 shares trading to close at $7. Lasco Financial lost 15 cents with 322,358 shares changing hands to close at $3, Lasco Manufacturing closed at $5 with 5,000 shares and Paramount Trading had 1,000 units changing hands to close at $27.

Juniors just 19 points from record – Wednesday

Paramount Trading closed at a new all-time high of $27.

Paramount Trading closed at a new all-time high of $27.

Trading closed on the junior market just 18.66 points away from the previous record close on October 10 with the number of advancing stocks just edging out decliners, pushing the market index up by 20.57 points to 2,459.12, up 37 percent year to date.
Trading volume rosed 47 percent from Tuesday’s levels, ending with 521,462 units changing hands, while value traded, climbed 64 percent to $7,467,867 from $4,566,702 on Tuesday. Wednesday’s trades include 30,000 units of Jamaican Teas bond with a value of $3 million.
An average of 27,445 units with an average value of $393,046 traded, compared to 65,446 units with an average value of $304,447 on the preceding trading day. The average for the month to date is 46,446 units at $348,746 compared to 129,138 units at $709,705 for October.
ICI Jm sum 2-11-16At the close of the market on 19 securities traded, versus 15 on Tuesday resulting in 6 stocks advancing and 4 declining. Market activities ended with 9 securities closing with bids higher than their last selling prices and 2 ending with lower offers. One stock closed at a new high and one traded at an intraday high.
In trading activity, AMG Packaging ended with 51,684 shares changing hands at $18.50, Cargo Handlers ended with 127,729 shares changing hands at $11 but traded at an intraday high of $12.50. Caribbean Cream closed with 102,300 shares changing hands and lost 46 cents to end at $7.06, Caribbean Flavours traded 17,460 units and gained 2 cents to end at $8.40. Caribbean Producers closed trading with 1,297 units at $3.65, C2W Music closed with 12,000 units changing hands and gained 1 cent to close at 25 cents, Dolphin Cove traded 480 units and jumped $2.79 to $15.29, General Accident Insurance fell 2 cents in trading 100 shares at $3. ICI Jm trds 2-11-16Honey Bun with 26,121 shares changing hands closed at $6.10, Iron Rock Insurance had 2,000 units trading and ended at $3.30. Jamaican Teas traded 8,000 shares to close at $4, Knutsford Express lost 50 cents in trading 5,000 shares in closing at $22, Lasco Distributors ended with 50,000 shares trading to close at $7. Lasco Financial ended with 3,065 shares changing hands to close at $3.15, Lasco Manufacturing closed at $5 with 33,336 shares after falling 10 cents, Medical Disposables rose 40 cents to end at $5 with 43,590 shares changing hands. Paramount Trading had 1,450 units changing hands to close at a new all-time high of $27 after rising $3 and tTech traded 5,850 units with a gain of 5 cents to close at $5.05.

Junior stocks inch forward – Tuesday

The junior market within touch of record territory

The junior market within touch of record territory

Trading closed on the junior market with the number of advancing stocks just being edged out by decliners but the market index advanced marginally by 2.15 points to 2,438.55, up 36 percent year to date.
Trading volume rose 12 percent from Monday’s levels, ending with 981,688 units changing hands, while value traded, climbed 27 percent to $4,566,702 from $3,582,950 on Monday.
An average of 65,446 units with an average value of $304,447 traded, compared to 72,993 units with an average value of $298,579 on the preceding trading day. The average for last month was 129,138 units at $709,705.
At the close of the market on 15 securities traded, versus 12 on Monday resulting in 4 stocks advancing and 5 declining.
ICI Jm sum 1-11-16Market activities ended with 8 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
In trading activity, AMG Packaging declined by $1.08 and ended with 13,500 shares changing hands at $18.50, CAC 2000 closed trading with 8,875 units changing hands with the price falling $1.20 to $5.10 as demand melted away for the stocks in light of a large legal bill the company faces. At the close there was no buying interest in the stock. Caribbean Cream close with 5,000 shares changing hands at with a gain of 27 cents to $7.52, Caribbean Producers closed trading with 8,007 units at $3.65, Consolidated Bakeries traded 4,000 units but lost 10 cents in closing at $2.50, General Accident Insurance rose 2 cents in trading 10,500 shares at $3.02. ICI Jm trds 1-11-16Honey Bun with 4,927 shares changing hands closed at $6.10, Iron Rock Insurance with 94,434 units trading, ended at $3.30. Jamaican Teas traded 100 shares to close at $4, Jetcon Corporation jumped 58 cents and ended with 19,769 shares trading at $4.59, Knutsford Express traded 7,000 shares in closing at $22.50, Lasco Distributors ended with 205,955 shares trading to close at $7. Lasco Financial ended with 501,737 shares changing hands but lost 9 cents to close at $3.15, Lasco Manufacturing closed at $5.10 with 90,873 shares after rising 10 cents and Medical Disposables closed at $5 with 7,011 shares changing hands.

6 junior stocks rise 1 falls – Monday

JM sign Trading closed on the junior market with the number of advancing stocks out pacing decliners by a wide margin while the market index advanced by just 6.20 points to 2,436.40, up 36 percent year to date.
Trading volume inched up by just 1 percent from Friday’s levels, ending with 875,913 units changing hands, while value traded, fell 10 percent to $3,582,950 from $3,986,807 on Friday.
An average of 72,993 units with an average value of $298,579 traded, compared to 57,674 units with an average value of $265,787 on the preceding trading day. An average for the month to date of 129,138 units at $709,705 traded.
ICI Jm sum 31-10-16At the close of the market on 12 securities traded, versus 15 on Friday resulting in 6 stocks advancing and 1 declining.
Market activities ended with 12 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
CAC 2000 that faces a big legal they lost their appeal against a claim for damages closed without trading with an offer of $5.50 and the highest bid at $5.45 versus the last traded price of $6.30.
In trading activity, Access Financial Services gained 50 cents while trading 100 shares to close at $21, Caribbean Producers closed trading with 304 units at $3.65, General Accident Insurance rose 5 cents in trading 661,993 shares at $3. Honey Bun with 400 shares changing hands, gained 10 cents and closed at $6.10, ICI Jm trd sht 31-10-16Jamaican Teas traded 52,781 shares to close at $4, Jetcon Corporation lost 1 cent and ended with 5,000 shares trading at $4.01, Knutsford Express traded 1,100 shares in closing at $22.50, Lasco Distributors traded 33,953 units and gained 15 cents to close at $7. Lasco Financial rose 14 cents and ended with 2,250 shares changing hands at $3.24, Lasco Manufacturing closed at $5 with 87,876 shares but traded as high as $5.20 during the day, Paramount Trading closed at $24 with 25,856 shares changing hands and tTech rose 5 cents and closed with 4,300 units trading at $5.

Junior stocks climb higher – Friday

JM sign Trading closed on the junior market with the number of advancing stocks being equal to decliners, the market index nevertheless advanced 27.26 points to 2,430.20, to be up 36 percent for the year to date.
Trading volume dipped 36 percent from Thursday’s levels, ending with 865,115 units changing hands, while value traded, fell 50 percent to $3,986,807 from $8,009,663 on Thursday.
An average of 57,674 units with an average value of $265,787 traded, compared to 71,599 units with an average value of $421,561 on the preceding trading day. An average for the month to date of 132,258 units at $732,545 traded.
ICI Jm sum 28-10-16At the close of the market on 15 securities traded, versus 19 on Thursday resulting in 5 stocks advancing and 5 declining stocks.
Market activities ended with 6 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
CAC 2000 that faces a big legal they lost their appeal against a claim for damages closed without trading with an offer of $6 and the highest bid at $5.95 versus the last traded price of $6.30.
In trading activity, Caribbean Cream came in for increased buying with 103,144 shares changing hands at $7.25, to record a gain of 15 cent, up from 50,477 units that traded on Thursday. Caribbean Producers closed trading with 21,000 units at $3.65, Consolidated Bakeries gained 10 cents with 7,150 units changing hands to end at $2.60, General Accident closed trading with 122,356 units at $2.95. Honey Bun with 14,060 shares changing hands gained 35 cents and closed at $6. Iron Rock Insurance closed trading with 83,984 units at $3.30, Jetcon Corporation lost 1 cent and ended with 22,324 shares trading at $4.02, ICI Jm trd sht 28-10-16KLE Group lost 49 cents in trading 103,277 units to close at $1.30. Knutsford Express traded 2,163 shares in closing at $22.50, Lasco Distributors traded 10,180 units and declined by 14 cents to close at $6.85, Lasco Financial ended with 113,375 shares changing hands at $3.10, Lasco Manufacturing closed at $5 with 182,522 shares but traded as high as $5.39 during the day. Medical Disposables fell 13 cents to close at $5.49 with 49,550 shares changing hands, Paramount Trading rose $2 to close at $24 with 20,030 shares changing hands and Sweet River Abattoir with 10,000 units trading to end $3.50.

10 junior stocks fall 3 rise – Thursday

Lasco's ICool drinks.

Lasco’s ICool drinks.

Trading closed on the junior market with declining stocks beating out advancing stocks 3 to 1, the market index nevertheless advanced as Lasco Distributors that carries a heavy weighting in the index climbed to $6.99 from $6.75.
Trading volume jumped 89 percent from Wednesday’s levels, ending with 1,360,374 units changing hands, while value traded, climbed 66 percent to $8,009,663 from $4,825,236 on Wednesday.
An average of 71,599 units with an average value of $421,561 traded, compared to 44,908 units with an average value of $301,577 on the preceding trading day. An average for the month to date of 136,645 units at $760,002 traded.
At the close of the market on 19 securities traded, versus 16 on Wednesday resulting in just 3 stocks advancing and 10 declining stocks, with Key Insurance falling to a new low. ICI Jm sum 27-10-16rThe market index climbed 21.12 points to 2,402.94 to be up 34 percent for the year to date.
Market activities ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
CAC 2000 that faces a big legal they lost their appeal against a claim for damages closed without trading with an offer of $6.16 and the highest bid at $5.10 versus the last traded price of $6.30.
In trading activity, Access Financial Services traded 25,195 units at $20.50, Blue Power dropped $4.20 while trading 288 shares to close at $20.20 but closed with the bid at $24.40, Cargo Handlers lost $1 with 100,000 shares trading to close at $11, Caribbean Cream ended with 50,477 shares changing hands at $7.10. Caribbean Producers closed trading with 8,793 units at $3.65, Consolidated Bakeries had 51,701 units changing hands to end at $2.50, Dlophin Cove gained 29 cents to end at $12.50 with 2,480 shares changing hands, General Accident lost 5 cents and closed trading with 2,247 units at $2.95. Iron Rock Insurance rose 10 cents in trading 29,812 units to close at $3.30, Jamaican Teas fell 1 cent in trading 25,658 shares to close at $4, ICI Jm trd sht 27-10-16Jetcon Corporation lost 12 cents and ended with 1,616 shares trading at $4.03, Key Insurance lost 23 cents in trading 5,924 units to close at a new low of $2. Knutsford Express traded 10,500 shares but lost 45 cents in closing at $22.50, Lasco Distributors traded 39,885 units and rose 24 cents to close at $6.99, Lasco Financial ended with 28,956 shares changing hands at $3.10, Lasco Manufacturing closed at $5 with 970,918 shares trading as investors responded strongly to improved second quarter results. Medical Disposables fell 13 cents to close at $5.49 with 810 shares changing hands, Paramount Trading dropped $2 to close at $22 with 4,114 shares changing hands, tTech lost 5 cents and ended with 1,000 shares changing hands at $4.95.

Cargo Handlers gains 220% – Wednesday

Cargo Handlers traded at a new all-time high of $12 on Wednesday.

Cargo Handlers traded at a new all-time high of $12 on Wednesday.

Trading closed on the junior market, with Cargo Handlers trading at a 52 weeks’ high of $12, driving the price up with a gain of 220 percent for the year to date and ended with 162,763 shares trading. Trading ended with the market index recovering all the points lost on Tuesday and more.
Trading volume dropped 48 percent from Tuesday’s levels, ending with 718,533 units changing hands, while value traded, fell 42 percent to $4,825,236 from $8,364,061 on Tuesday.
An average of 44,908 units with an average value of $301,577 traded, compared to 81,413 units with an average value of $492,004 on the preceding trading day. The average for the month to date, amounts to 140,710 units at $781,154.
ICI Jm sum 26-10-16rAt the close of the market on 16 securities traded, versus 17 on Tuesday resulting in 5 stocks advancing and 4 declining stocks as 1 stock closed a new high. The market index climbed 36.24 points to 2,381.82 to be up 33 percent for the year to date.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 5 ending with lower offers.
CAC 2000 that could being facing a $200 million legal claim pay out, failed to trade but ended with an offer of $6.16 compared to $5.36 on Tuesday versus the last traded price of $6.30.
In trading activity, AMG Packaging climbed $2.58 while trading 3,000 shares to close at $19.58, Blue Power lost 10 cents and ended at $24.40 with 9,700 units changing hands, Caribbean Cream ended with 12,750 shares changing hands at $7.10, Caribbean Flavours traded 2,670 units to end at $8.38. Caribbean Producers lost 10 cents in trading 9,550 units to end at $3.65, Consolidated Bakeries had 20,000 units changing hands to end at $2.50, ICI Jm trd sht 26-10-16C2W Music traded 14,000 shares but fell 1 cent to 24 cents, Derrimon Trading ended at $4.60 with 25,000 shares changing hands, after rising by 60 cents. General Accident closed trading with 1,500 units at $3 but ended with the stock being offered at $2.99, Jetcon Corporation lost 5 cents and ended with 10,000 shares trading at $4.15, Lasco Distributors traded 178,472 units and rose 25 cents to close at $6.75, Lasco Financial ended with 40,310 shares changing hands at $3.10, Lasco Manufacturing rose 1 cent and closed at $5 with 193,398 shares trading but was on offer at $4.80 at the close. tTech ended with 9,420 shares changing hands at $5 and Eppley 10% preference share, traded 26,000 units at $6.10.

Junior market drops – Tuesday

Kurk Boothe - Medical Disposables Managing Director - the company's closed closed at a new high on Tuesday.

Kurk Boothe – Medical Disposables Managing Director – the company’s closed closed at a new high on Tuesday.

Sharp fall in prices of AMG Packaging and Lasco Distributors took a toll on the junior market index the junior market on Tuesday. Investors who were bullish on the likely out turn of the claim against Pfizer by Lasco Distributors seem to be more cautious now with the price off 38 percent from the peak of $9.01.
Trading volume on the junior market dropped 79 percent from Monday’s levels, ending with a 1,384,024 units changing hands, while value traded, fell 77 percent to $8,364,061 from $36,505,806 on Monday.
An average of 81,413 units with an average value of $492,004 traded, compared to 352,499 units with an average value of $1,921,358 on the preceding trading day. The average for the month to date, amounts to 147,097 units at $813,126.
ICI Jm sum 25-10-16At the close of the market on 17 securities traded, versus 19 on Monday resulting in 6 stocks advancing and 6 declining stocks as 1 stock hit a new high. The market index dropped 30.46 points to 2,345.58 to be up 31 percent for the year to date.
Market activities ended with 7 securities closing with bids higher than their last selling prices and 5 ending with lower offers.
CAC 2000 that could being facing a $200 million legal claim pay out failed to trade but ended with and offer of $5.36 versus the last traded price of $6.30.
In trading activity, AMG Packaging dropped $3 while trading 7,848 shares to close at $17, Blue Power ended at $24.50 with 800 units changing hands, Cargo Handlers finally traded 3,000 shares at $10. Caribbean Cream rose 9 cent and ended with 12,500 shares changing hands at $7.10, Caribbean Producers traded 17,150 units to end at $3.75, Consolidated Bakeries had 30,186 units changing hands, with the price declining 9 cents to end at $2.50. General Accident jumped 40 cents and closed trading with 182,058 units at $3 but closed with the stock being offered at $2.97, Honey Bun gained 3 cents with 9,561 shares changing hands to close at $5.65. Iron Rock Insurance rose 1 cent in trading 104,660 units to close at $3.20, Jetcon Corporation ended with 82,581 shares trading at $4.20. ICI Jm trd sht 25-10-16Knutsford Express lost 5 cents and ended at $22.95 with 2,540 shares changing hands, Lasco Distributors traded 4,800 units trading with a loss of 33 cents at $6.50, Lasco Financial rose 1 cent and ended with 28,350 shares changing hands at $3.09, Lasco Manufacturing lost 1 cent and closed at $4.85 with 768,128 shares trading. Medical Disposables jumped 62 cents to close at a 52 weeks’ high of $5.62 with 10,000 shares changing hands, the stock closed with the offer at $5.50, Paramount Trading rose 12 cents to close at $24 with 111,962 shares changing hands and Eppley 10% preference share, traded 7,900 units at $6.10.

Juniors’ volume jumps 2,755% – Monday

Cargo Handlers traded at a new all-time high of $10.

Cargo Handlers traded at a new all-time high of $10.

Trading volume on the junior market of the Jamaica Stock Exchange rose sharply on Monday as 19 securities were active. Volume traded surged 2,755 percent from Friday’s levels, ending with a 6,697,473 units changing hands, while value traded, leapt 2,495 percent to $36,505,806 from $1,406,575, on Friday.
Victoria Mutual Wealth Management was involved in a series of large volume of crossed trades that helped in a major way to boost the level of trading.
An average of 352,499 units with an average value of $1,921,358 traded, compared to 18,046 units with an average value of $108,198 on the preceding trading day. The average for the month to date, amounts to 151,789 units at $836,063.
At the close of the market on 18 securities traded, versus 13 on Friday resulting in 6 stocks advancing and 6 declining stocks as 1 stock hit a new high. The market index rose 4.24 points to 2,376.04 to be up 33 percent for the year to date.
ICI Jm sum 24-10-16Market activities ended with 5 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In trading activity, Blue Power ended at $24.50 with 5,300 units changing hands, CAC 2000 traded 1,183,488 units at $6.30, Cargo Handlers finally traded after the 10 for 1 stock split and hit a new high of $10 as 7,000 shares traded. Caribbean Cream rose 1 cent and ended with 459,592 shares changing hands at $7.01, Caribbean Producers gained by 5 cents in trading 443,187 units to end at $3.75, C2W Music traded 29,357 shares to close at 25 cents. Consolidated Bakeries had 144,528 units changing hands, with the price declining 1 cent to end at $2.59. Dolphin Cove had 164,564 units changing hands, with the price ending at $12.21 after rising 16 cents, General Accident lost 20 cents and closed trading with 1,441,893 units at $2.60, Honey Bun with 102,499 shares changing hands, closed at $5.62. ISP Finance traded 24,623 units at $7.03,ICI Jm trd sht 24-10-16 Jetcon Corporation ended with 54,796 shares trading at $4.20. Knutsford Express ended at $23 with 8,500 shares changing hands, Lasco Distributors traded 250,864 units trading with a loss of 16 cents at $6.83, Lasco Financial lost 1 cent and ended with 99,572 shares changing hands at $3.09, Lasco Manufacturing rose 7 cents and closed at $4.86 with 9,123 shares trading. Medical Disposables rose 40 cents to close at $5 with 1,335,514 shares changing hands, Paramount Trading lost 12 cents to close at $23.88 with 113,273 shares changing hands and Eppley 9.5% preference share, traded 819,800 units and fell 14 cents to $6.16.