Juniors up 36% in 2016 to new record

ISP Finance gained 250% to a new high of $7 & helped the JM to a 36% gain for 2016.

ISP Finance gained 250% to a new high of $7 & helped the JM to a 36% gain for 2016.

Trading on the junior market of the Jamaica Stock Exchange on Thursday, resulted in an even number of advancing and declining stocks. The market index hit a new high of 2,443.15, by climbing 10.72 points and 36.4 percent for 2016. At the close, 4 stocks rose and 4 declined with 17 securities trading including two closing at new highs.
Trading slipped from Wednesday’s levels, ending with 1,753,530 units changing hands, 12 percent lower than on Wednesday, while value traded, dropped 31 percent to $7,158,594 from $10,428,547, on Wednesday.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In market activity since trading on September 12 at $86.10, Cargo Handlers has still not traded with the bid at $88 to buy 207 units. The stock is on offer at $90 to sell 45,551 units.ICI Jm sum 6-10-16 The stock will be split 10 for 1 stock, effective October 22.
In trading activity, AMG Packaging closed with a fall of 5 cents at $17.50 with 889 units changing hands, Blue Power gave up 25 cents in trading just 100 shares at $24.75, Caribbean Cream gave back 60 cents with 58,577 shares changing hands to end at $9.40, Caribbean Flavours closed with the price unchanged in trading 12,000 units at $8.99. Caribbean Producers remained unchanged in trading 1,065,000 units to end at $3.50. C2W Music closed with 10,000 units changing hands to close at 24 cents, Consolidated Bakeries gained 10 cents in trading 841 shares to close at $2.50, ICI Jm trd sht 6-10-16General Accident Insurance closed with 225,500 units changing hands at $2.65, Honey Bun traded 60,800 shares at $6.10. ISP Finance traded 51,809 shares and gained 39 cents, to close at an all-time high of $7, Jamaican Teas traded 7,145 shares to close at $4, Knutsford Express closed at $24 with 100 units, Lasco Distributors gained of 2 cents with 103,000 units traded, at $7.52, Lasco Financial lost 13 cents and ended with 126,185 shares changing hands at $3.22. Lasco Manufacturing closed at $5.10 with 27,584 shares trading and Paramount Trading closed with a gain of $2.50 at a 52 weeks’ high of $22 with 2,000 shares changing hands.

Another record close for juniors – Wednesday

Caribbean Cream ended at a new closing high on Wednesday of $10 & is up 900% since listing in 2013..

Caribbean Cream ended at a new closing high on Wednesday of $10 & is up 900% since listing in 2013..

Trading on the junior market of the Jamaica Stock Exchange resulted in more than a 2 to 1 advance decline ratio. The market index hit a new high of 2,432.43, by climbing 2.23 percent to record an increase of 53.11 points. At the close, 10 stocks rose and 4 declined with 17 securities trading.
Trading volume rose strongly from Tuesday’s levels, ending with 1,995,508 units changing hands, 402 percent higher than on Tuesday, while value traded jumped 659 percent to $10,428,547 from $1,373,477, on Tuesday.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
In market activity Cargo Handlers stock has not traded since it closed at $86.10 on September 12, the market closed today with the bid at $87 to buy 393 units, a total of ICI Jm sum 5-10-16 45,551 units were offered for sale at $90, the will be split 10 for 1 stock, effective from the close of business on October 21.
In trading activity, AMG Packaging closed with a fall of 45 cents at $17.55 with 615 units changing hands, Caribbean Cream gained 70 cents with 541,070 shares changing hands to end at a 52 weeks’ closing high of $10, Caribbean Producers gained 20 cents in trading 435,000 units to end at $3.50. Dolphin Cove gained 50 cents to end at $13 after trading 100 shares, General Accident Insurance rose 1 cent with 139,954 units changing hands at $2.65, Honey Bun traded 7,386 shares at $6.10, Iron Rock Insurance traded 313,700 shares and gained 5 cents to end at $3.35, Jamaican Teas lost 4 cents in trading 2,000 shares to close at $4.ICI Jm trd sht 5-10-16 Jetcon Corporation traded 108,111 shares and gained 8 cents to close at $4.59, Key Insurance closed down to end at a 52 weeks’ low of $2.25 with 27,266 units, for a loss of 5 cents, KLE Group ended at $2.05 with 3,760 shares changing. Lasco Distributors closed with rise of 45 cents as 41,072 units traded at $7.50, Lasco Financial ended with 72,300 shares changing hands at $3.35, after rising 5 cents, Lasco Manufacturing closed at $5.10 with 60,135 shares trading to gain 5 cents. Medical Disposables traded 22,991 shares and gained 6 cents to close at $4.42, tTech climbed 28 cents and ended with 8,548 shares changing hands at $5.58 and Derrimon Trading preference share fell 10 cents and ended with 211,500 units changing hands at $2.10.

Juniors’ advancers beat decliners – Tuesday

The junior market within touch of record territory

The junior market within touch of record territory

Trading on the Junior market resumed after closing on Monday due to the expected passage of hurricane Mathew and ended slightly down at the close of trading. The index measuring the emerging companies ended at a new high of 2,379.32 for a fall of 10.58 points. At the close 6 stocks rose and 4 declined with 14 securities trading.
Trading volume rose strongly from Friday’s levels, ending with 397,764 units changing hands, 88 percent lower than on Friday, while the value traded dropped 89 percent to $1,373,477 from $12,272,247, on Friday.
Market activities ended with 8 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
ICI Jm sum 4-10-16In market activity Cargo Handlers stock has not traded since it closed at $86.10 on September 12, the market closed today with the bid at $88 to buy 3,000 units, with no units offered for sale, the will be split 10 for 1 stock, effective from the close of business on October 21.
In trading activity, AMG Packaging closed with a gain of 50 cents at $18 with 920 units changing hands, Caribbean Cream gained 1 cent with just 500 shares changing hands to close at $9.30, Caribbean Producers traded 200,000 units to end at $3.30, Consolidated Bakeries dropped 5 cents to end at $2.40 after trading 50,000 shares. C2W Music closed with 21,500 units changing hands to close at 24 cents, Derrimon Trading rose 10 cents and closed with 5,000 shares at $3.60, General Accident Insurance rose by 24 cents with 3,620 units changing hands at $2.64,ICI Jm trd sht 4-10-16 Honey Bun traded 3,800 shares at $6.10 after falling 9 cents. Jamaican Teas rose 14 cents in trading 4,400 shares to close at $4.04, Key Insurance that was under selling pressure for weeks finally traded down to end at a 52 weeks’ low of $2.29 with 2,500 units for a loss of 10 cents, but the stock was on offer at $2.25. There were no bids to buy the stock at the close. KLE Group ended at $2.05 with 9,500 shares changing hands after falling by 5 cents, Lasco Distributors closed with a loss of 5 cents as only 499 units traded at $7.05, Lasco Financial ended with 9,703 shares changing hands at $3.35, after rising 5 cents and Lasco Manufacturing closed at $5.05 with 85,822 shares trading.

Another record close for juniors – Friday

Paramount ended at a new all-time high of $19.50 with a rise of $2.

Paramount ended at a new all-time high of $19.50 with a rise of $2, after the company announced splitting the stock.

Trading on the Junior market ended with a fourth consecutive record at the close on Friday. The index measuring the emerging companies ended at a new high of 2,389.90 for a gain of 16.01 points but traded above the 2,400 points level for the first time, to 2,408.56 in the morning session.
At the close of trading, 7 stocks rose and 8 declined with 18 securities trading. Trading volume rose strongly from Thursday’s levels, ending with 3,440,359 units changing hands, 97 percent more than on Thursday, while the value traded declined by just 2 percent to $12,272,247 from $12,530,207, on Thursday.
Market activities ended with 8 securities closing with bids higher than their last selling prices and 2 ending with lower offers as month window dressing may be at play.
ICI Jm sum 30-09-16In market activity, Cargo Handlers stock has not traded since it closed at $86.10 on September 12, the market closed with the bid at $87.05 to buy 105 units, next in line to buy is 393 shares at $87,with the next at $76.55, there were stocks offered for sale at the close. Shareholders at a recent extraordinary meeting approved a 10 for 1 stock split, to take effect from the close of business on October 21. Key Insurance remains under pressure with the offer at $2.20 to sell 1,000 units compared with the last sale of $2.49. There were no bids to buy the stock at the close.
In trading activity, CAC 2000 closed at $6.40 with 7,000 units changing hands, Caribbean Cream gained 2 cents with 285,819 shares changing hands to close at $9.29, Caribbean Flavours traded 640 units to end at $8.99 with a rise of 99 cents, Derrimon Trading lost 50 cents and closed with 10,000 shares at $3.50. Dolphin Cove dropped $1.20 to end at $12.50 after trading 10,000 shares, General Accident Insurance rose by 20 cents with 2,610,000 units changing hands at $2.40, Honey Bun traded 66,969 shares at $6.10 after falling 9 cents. Iron Rock Insurance traded 10,938 shares at $3.30, Jamaican Teas fell 10 cents in trading 23,874 shares to close at $3.90, Jetcon Corporation fell 19 cents with 30,651 units changing hands, to end at $4.51, ISP Finance rose 61 cents to end at an all-time high of $6.61 with just 200 shares changing hands. ICI jm trade 30-09-16Lasco Distributors closed with a loss of 14 cents as 229,084 units traded at $7.10, Lasco Financial ended with 8,000 shares changing hands at $3.30, after rising 12 cents, Lasco Manufacturing rose 5 cents and closed at $5.05 with 105,000 shares trading. Medical Disposables traded 1,500 shares to close at $4.36, Paramount Trading jumped $2 to a new all-time high of $19.50 with just 2,000 shares changing hands, Sweet River Abattoir fell 35 cents with 700 units trading to end at a 52 weeks’ low of $3.50 and tTech dropped $1.20 and ended with 37,984 shares changing hands at $5.30.

A new junior record on – Thursday

JM sign Trading on the Junior market ended with a third consecutive record high Thursday as the closed at a new high of 2,373.89 for a gain of 7.58 points as 4 stocks rose and 2 declined with just 10 securities that trading.
Trading volume and value rose from Wednesday’s levels, ending with 1,742,459.00 units changing hands, 129 percent more than on Wednesday, while the value traded climbed by 224 percent to $12,530,207, from $3,870,697 on Wednesday.
Market activities ended with 10 securities closing with bids higher than their last selling prices and 4 ending with lower offers. Month end is a period when some bids increase to show stronger close than for a few days before with valuation of portfolios based on the higher bids.
ICI Jm sum 29-09-16In market activity Cargo Handlers stock has not traded since it closed at $86.10 on September 12, the market closed with the bid at $91 to buy 3,000 units, with no units offered for sale, next in line to buy is 6,540 shares at $89, there were stocks offered for sale at the close. The company at a recent extraordinary meeting approved a 10 for 1 stock split, to take effect from the close of business on October 21. Key Insurance remains under pressure with the offer at $2.30 to sell 30,000 units compared with the last sale of $2.49. There were no bids to buy the stock at the close.
Blue Power closed at $25 with 12,400 units changing hands, Caribbean Cream lost 23 cents with 31,000 shares ICI jm trade 29-09-16changing hands to close at $9.27, C2W traded 37,949 shares to close at 24 cents, Honey Bun with 3,050 shares changing hands and closed at $6.19 with a gain of 19 cents. Jetcon Corporation had just 2,200 units changing hands, to end at $4.70, KLE Group ended at $2.10 with 48,500 shares changing hands after rising by 24 cents, Knutsford Express traded 10,500 units to close at $24 after shedding 48 cents, Lasco Distributors closed with a gain of 24 cents as 1,610,495 units traded at $7.24. Lasco Financial ended with 11,739 shares changing hands at $3.18, after rising by 13 cents, Lasco Manufacturing closed at $5 with 9,565 shares trading.

Another junior record close – Wednesday

Medical Disposables closed at a new high on Wednesday.

Medical Disposables closed at a new high on Wednesday.

Trading on the Junior market was greater than the levels on Tuesday as the closed at yet another 52 weeks’ high. The advanced decline ratio was negative less on a day that had one less security trading than the previous day.
The market closed with 3 stocks rising, while 5 declined out of 13 securities that traded. The junior index gained 4.42 points, to close at a record 2,366.31 and is up 31.9 percent ahead of the close of 2015.
Trading volume and value rose from Tuesday’s levels, ending with 759,344 units changing hands, 54 percent more than on Tuesday, while the value traded climbed by 71 percent to $3,870,697, from $2,264,166 on Tuesday.
ICI Jm sum 28-09-16Market activities ended with 5 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
Cargo Handlers stock has not traded since it closed at $86.10 on September 12, the market closed with the bid at $90 to buy 3,000 units, with no units offered for sale, next in line to buy is 6,540 shares at $89, there were stocks offered for sale at the close. Key Insurance remains under pressure with the offer at $2.30 to sell 30,000 units compared with the last sale of $2.49. There were no bids to buy the stock at the close.
AMG Packaging lost 1 cent in ending trading at $17.51 with 591 units changing hands, Blue Power closed at $25 with 8,500 units changing hands, Caribbean Cream gained 50 cents with 32,400 shares changing hands to close at $9.50, Consolidated Bakeries slipped 5 cents in trading 37,949 shares to close at $2.45. General Accident fell 10 cents and ended at $2.20 with 52,600 shares changing hands,ICI jm trade 28-09-16 Honey Bun with 16,248 shares changing hands and closed at $6, Jetcon Corporation had just 30,993 units changing hands, to end at $4.70, Lasco Distributors closed with a loss of 5 cents as 130,170 units traded at $7. Lasco Financial ended with 124,025 shares changing hands at $3.05, after declining by 17 cents, Lasco Manufacturing rose 2 cents and closed at $5 with 252,795 shares trading. Medical Disposables traded 44,073 shares to end at a new record high of $4.36 trading as high as $4.60 but gained just 1 cent at the close, Sweet River Abattoir with 24,000 units traded with a rise of 1 cent to end at $3.85 and tTech ended with 5,000 shares changing hands at $6.50.

Record close for juniors – Tuesday

Blue Power closed at a new high of $25 on Tuesday.

Blue Power closed at a new high of $25 on Tuesday.

The Junior market recorded 2 stocks closing at 52 weeks’ high as the market index climbed into new territory with a record close, bettering the previous record level reached in February this year.
The market closed with 7 stocks rising, while 5 declined out of 14 securities that traded. The junior index gained 20.94 points, to close at a record 2,361.89 and is up 31.9 percent ahead of the close of 2015.
Trading volume and value dropped sharply from Monday’s levels, ending with 494,666 units valued at units changing hands, 74 percent lower than on Monday, while the value traded dropped by 79 percent to $2,264,166, from $10,709,100 on Monday.
ICI Jm sum 27-09-16Market activities ended with 5 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
Cargo Handlers stock has not traded since it closed at $86.10 on September 12, the market closed with the bid at $91 to buy 3,000 units, with no units offered for sale, next in line to buy is 6,540 shares at $89, there were stocks offered for sale at the close. Key Insurance remains under pressure with the offer at $2.30 to sell 30,000 units and at $2.35 compared with the last sale of $2.49. There were no bids to buy the stock at the close.
AMG Packaging rose 1 cent and ended trading at $17.51 with 10,025 units changing hands, Blue Power climbed to new 52 weeks’ high of $25 with a rise of $4 as only 100 units changing hands, Caribbean Cream fell 10 cents with 20,100 shares changing hands to close at $9. ICI jm trade 27-09-16Caribbean Producers traded 135,746 units to end at $3.30 with the loss of 10 cents, C2W Music closed with a gain of 1 cent as 7,539 units changed hands to close at 24 cents, Consolidated Bakeries gained 25 cents in trading 135,825 shares to close at $2.50. Derrimon Trading ended at $4 with 12,360 shares changing hands, Jetcon Corporation had just 100 units changing hands, to end at $4.70, Lasco Distributors closed with 125,554 units trading and ended at $7.05. Lasco Financial ended with 16,097 shares changing hands at $3.22, after declining by 3 cents, Lasco Manufacturing fell 2 cents and closed at $4.98 with 2,278 shares trading and Medical Disposables traded 21,442 shares to end at a new record high of $4.35 after gaining 35 cents.

Junior record 17 points away – Monday

tTech closed at a new all-time high of $6.50 on Monday.

tTech closed at a new all-time high of $6.50 on Monday.

The Junior market moved one step closer at the close on Monday, to take out the old record high reached in February this year. The market is only 16.25 points adrift and came within 6 points of it during trading in the morning, today.
The market closed with 7 stocks rising, while 5 declined out of 14 securities that traded. The junior index gained 6.52 points, to close at 2,340.95 and is up 30.7 percent ahead of the close of 2015.
Trading volume and value rose 37 percent or more, from Friday’s levels, ending with 1,873,272 units valued at units changing hands, 37 percent more than on Friday, while the value traded climbed by 65 percent to $10,709,100, from $6,508,601 on Friday.ICI Jm sum 26-09-16 Market activities ended with 7 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
Cargo Handlers stock has not traded since it closed at $86.10 on September 12, the market closed with the bid at $90.05 to buy 3,000 units, with no units offered for sale, next in line to buy is 5,765 shares at $90.01, there were stocks offered for sale at the close. Key Insurance that reported poor second quarter results continued with the offer at $2.30 to sell 30,000 units and at $2.35, there is 18,566 shares for sale and immediately below, is an offer of 152,290 units at $2.37, compared with the last sale of $2.49. There were no bids to buy the stock at the close.
AMG Packaging jumped 16 cents and ended trading at $17.50 with 31,715 units changing hands, Caribbean Cream fell 10 cents with 568,043 shares changing hands to close at $9.10, after trading 457,275 shares as low as $8. Caribbean Flavours traded 5,500 units to end at $8 with the loss of 1 cent, General Accident closed trading with 541,570 units at $2.20 after rising 10 cents but traded as high as $2.80 in the morning session, Honey Bun fell 25 cents in trading just 22,800 units to end at $6.ICI jm trade 26-09-16 Iron Rock Insurance traded 10,750 shares and gained 2 cents to end at $3.30, Jamaican Teas traded 122,341 units to end at $4, Jetcon Corporation had 15,745 units changing hands, to end at $4.70, KLE group traded 1,100 shares with the price rising 1 cent to $1.85. Knutsford Express closed with a loss of 2 cents, at $24.48 with just 190 units changing hands, Lasco Distributors closed with 386,432 units trading and ended at $7.05. Lasco Financial ended with 15,850 shares changing hands at $3.25, after declining by 3 cents, Lasco Manufacturing rose 25 cents and closed at $5 with 138,708 shares trading and tTech traded 12,528 shares to end at a new record high of $6.50 after gaining 70 cents.

Juniors just 22 points from record

The junior market is within reach of a new high.

The junior market is within reach of a new high.

The Junior market moved one step closer at the close on Friday to take out the old record high and is now only 22.31 points adrift.
The market closed 5 stocks rising, while 5 declined out of 13 securities that traded. The market index gained 12.01 points, to close at 2,334.43 and is 30.3 percent ahead of the close of 2015.
Trading volume and value rose 25 percent or more from Thursday’s levels, ending with 1,372,103 units changing hands, 35 percent more than on Thursday, while the value traded climbed by 25 percent to $6,508,601, from $5,213,760 changing hands on Thursday. Market activities ended with 4 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
ICI Jm sum 23-09-16At the close, Cargo Handlers stock price closed with the bid at $90.05 with 3,000 units, nearly $4 ahead of the last sale price with no units offered for sale, next in line to buy is 5865 shares at $90, there were 1,000 units offered at $100. Key Insurance that reported poor second quarter results continued with the offer at $2.35 to sell 18,566 shares, immediately below, is an offer of 152,290 units at $2.38, compared with the last sale of $2.49. There were no bids to buy the stock at the close.
AMG Packaging jumped 16 cents and ended trading with 16,039 units at $17.15, Caribbean Cream rose 10 cents with 122,700 shares changing hands at $9.20, Consolidated Bakeries lost by 5 cents to end at $2.35 with 46,000 units changing hands, ICI jm trade 23-09-16C2W Music ended at 23 cents with 1,200 shares changing hands after rising 3 cents. Derrimon Trading rose 40 cents to end at $3.50 with 2,000 shares trading, General Accident closed trading with 600,171 units at $2.10, Honey Bun gained 10 cents in trading just 86,500 units to end at $6.25. Jetcon Corporation had 17,344 units changing hands to end at with a loss of 25 cents at $4.70. Lasco Distributors closed with 312,271 units trading and ended at $7, Lasco Manufacturing fell 5 cents and closed at $4.75 with 119,872 shares trading, Medical Disposables traded 16,733, shares with the price remaining unchanged at $4 and tTech traded 11,273 shares to end at $6.

Junior just 35 points from record – Thursday

Bulls are lurching around the juniors.

Bulls are lurching around the juniors.

The Junior market headed higher at the close on Thursday, with the market rising with 7 stocks rising, while 3 declined out of 15 securities that traded. The market index gained 21.50 points, to close at 2,322.42 and is up 29.7 percent from the close of 2015. The index is now only 34.78 points adrift of the all-time high reached in January this year. Market activities ended with 4 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
Trading volume and value rose over 60 percent from Wednesday’s levels, ending with 1,015,005 units changing hands, 60 percent more than on Wednesday, while the value traded climbed by 94 percent to $5,213,760, compared to $2,690,732 changing hands on Wednesday.
ICI Jm sum 22-09-16At the close, Cargo Handlers stock price closed with the bid at $90.01 with 5,765 units, nearly $4 ahead of the last sale price with no units offered for sale. Key Insurance that reported poor second quarter results continued with the offer at $2.37 to sell 152,290 units, compared with the last sale of $2.49. There were to be no bids to buy the stock at the close.
AMG Packaging jumped $1.99 and ended trading with 26,361 units to end at $16.99, CAC 2000 traded just 200 shares at $6.40, Caribbean Cream lost 10 cents with 37,106 shares changing hands at $9.10, Caribbean Flavours added just 1 cent in closing at $8.01 with 5,358 shares changing hands, Caribbean Producers traded just 46,370 shares to close at $3.40. Consolidated Bakeries rose by 5 cents to end at $2.40 with 6,017 units changing hands, Dolphin Cove ended at $13.70 with 500 shares trading, ICI jm trade 22-09-16General Accident fell 15 cents and closed trading with 253,080 units at $2.10, Honey Bun lost 9 cents in trading just 200 units to end at $6.15. KLE Group ended at $1.85 with 5,800 shares changing hands after rising 5 cents, Knutsford Express had 334 units changing hands to end at with a rise of 50 cents at $24.50, Lasco Distributors closed with 240,980 units trading and ended with a rise of 20 cents at $7. Lasco Financial rose by 3 cents with 2,850 shares changing hands to close at $3.28, Lasco Manufacturing closed at $4.80 with 388,949 shares trading, Medical Disposables traded 18,400, shares with the price remaining unchanged at $4 and tTech traded 28,870 shares at $6.