Juniors end June up – Thursday

June 30, 2016 by

Blue Power hit a new high of $15 on Thursday.

Blue Power hit a new high of $15 on Thursday.

The junior market closed trading on Thursday with the market index up by 17.83 points, to close out June at 2,208.16 up 3.4 percent from 2,135.76 points at the end of May. A total of 16 active securities compared to 11 on Wednesday traded but with only 383,501 shares valued at $1,786,848, changing hands on Thursday. At the close, 8 stocks advanced and 3 declined while one closed at a new high.
At the end of trading 9 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers. The market has been trading at the upper end a channel, ranging from 1,900 points to 2,300 points at the top, which is constraining movement in either direction as investors await new sets of company results or some other market moving activity.
JM sum 30-6-16 With the market trading closer to the top than the bottom suggest it is waiting for a break out which the June quarter results could fuel. At the end of trading, Access Financial traded 8,055 shares at $17.40, Blue Power closed at a new high of $15 with 8,000 units trading to gain $1.30, CAC 2000 traded 600 shares but declined 40 cents to end at $6.55, Caribbean Cream gained 14 cents with 9,057 shares changing hands, to close at $5. The out of favour, Caribbean Flavours, lost 44 cents in landing 25,000 shares for buyers at $6.56, Caribbean Producers gained 24 cents with just 5,000 units changing hands, to close at $4.30, C2W Music traded 96,545 shares, to end with a rise of 1 cent at 29 cents, General Accident Insurance closed at $2.05 with 6,045 units trading. Honey Bun gained 10 cents to close at $5.60 with 9,066 units changing hands. JM Trdng Sht-30-6-16Jamaican Teas had only 130 shares changing hands with a gain of 40 cents to end at $3.80, Jetcon Corporation gained 30 cents in trading a mere 100 shares to end at $2.95, Lasco Distributors traded 85,577 units to end at $7.50, Lasco Financial ended with 33,527 shares changing hands at $3.45, for a fall of 4 cents. Lasco Manufacturing closed at $5 with 70,325 shares trading, Medical Disposables traded 26,362 shares to close with a gain of 10 cents, at $3.40 and tTech traded 112 units at $4.

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Partial recovery for juniors – Wednesday

June 29, 2016 by

The junior market closed trading on Wednesday with the market index climbed by 22.74 points, recovering a large part of the big loss on Tuesday, to close at 2,190.33 as Lasco Distributors recovered some of yesterday’s loss. Only 11 active securities with the volume JM sum 29-6-16at 1,318,717 shares valued at $3,968,524 changed hands. At the close, 5 stocks advanced and 3 declined.
At the end of trading 8 stocks closed with the bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Caribbean Cream fell 24 cents with 58,663 shares changing hands, to close at $4.86 after trading at an all-time high of $5.50, Consolidated Bakeries traded 859,272 shares, lost 5 cents to end at $1.80, Dolphin Cove traded 14,300 units and rose 5 cents higher at $11.65. General Accident Insurance fell 1 cent to close at $2.05 with 112,200 units trading, JM Trdng Sht-29-6-16Honey Bun gained 30 cents to close at $5.50 with 14,517 units changing hands, Iron Rock Insurance had 16,900 shares changing hands with a gain of 4 cents to end at $3.30, Knutsford Express Services traded 28,182 shares at $17.50. Lasco Distributors gained 50 cents in trading 12,110 units to end at $7.50, Lasco Manufacturing closed at $5 with 199,373 shares trading, Medical Disposables traded 1,100 shares to close with a gain of 30 cents at $3.30 and tTech traded 2,100 units at $4.

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Juniors dented – Tuesday

June 28, 2016 by

The junior market closed trading on Tuesday with the market index dropping sharply by 38.02 points to 2,167.59. Only 11 active securities with the volume at 829,809 shares valued at $2,684,479 changed hands. JM sum 28-6-16At the close, 3 stocks advanced and 5 declined while one closed at a new low.
At the end of trading 9 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers.
At the end of trading, Blue Power Group traded 900 shares and rose 15 cents to end at $13.70, CAC 2000 had 500 shares trading firm at $6.95, Caribbean Cream gained 10 cents with 44,500 shares changing hands to close at $5.10, Caribbean Producers traded JM Trdng Sht-28-6-164,000 units to end at $4.06 with a gain of 6 cents. C2W Music had 268,277 shares changing hands, but fell 6 cents to close at an all-time low of 28 cents, Honey Bun lost 40 cents to close at $5.20 with 4,412 units changing hands, Key Insurance closed at $2.50 with 3,600 units changing hands. Lasco Distributors dropped 60 cents in trading 184,611 units to end at $7, Lasco Financial closed with a fall of 1 cents at $3.49, with 800 shares changing hands, Lasco Manufacturing closed at $5 with 17,607 shares trading and Medical Disposables traded 300,602 shares to close with a loss of 25 cents at $3.

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JSE majors ends week with a fall – Monday

June 27, 2016 by

Carreras climbed $3 to close at $66.50 on Monday.

Carreras climbed $3 to close at $66.50 on Monday.

The Jamaica stock market gained ground at the start of the week, with 34 securities trading and the prices of 15 stocks market rising in the overall, 12 declined, including 3 stocks rising and 2 declining, from the junior market. Stocks traded, amount to 13,851,069 units valued at $206,439,477, in all market segments with the junior market accounting for to 3,510,504 shares valued at $ 14,348,452 of all trades.
The JSE Market Index rose 344.86 points to end at 159,802.49. The all Jamaica Composite Index advanced 385.69 points to close at 177,549.35 and the JSE combined index gained 216.35 points, to end at 170,859.61.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 4 with lower offers. JSE sum 27-6-16At the end of market activities, Barita Investments gained 3 cents to close with 4,545,322 shares changing hands at $3.08, Berger Paints gained 15 cents to end at $4.50 while 21,726 units were traded, Cable & Wireless rose 9 cents with 39,140 units traded to close at $1.29, Caribbean Cement jumped $1.39 to close at $23 after trading 5,000 units. Carreras surged $3 to $66.50 with 44,656 shares traded, 1834 Investments traded 60,000 shares but lost 2 cents to close at $1, Grace Kennedy lost $1.87 to close at $123.10 with 440,788 units changing hands. Jamaica Broilers ended with a rise of 27 cents with 168,743 units changing hands to close at $14.50, Jamaica Producers traded 13,353 shares changing hands to close at $49, JMMB Group traded 4,503 units but lost 8 cents to close at $9.72. Kingston Wharves traded 7, 463 units and gained 20 cents to close at a 52 weeks’ closing high of $13.50, National Commercial Bank ended with 45,681 units changing hands at $42.01, up 1 cent, JSE mm fn qts 27-6-16 Pan Jamaican Investment Trust rose 45 cents and closed with 3,600 shares trading at $26. Pulse Investments fell 44 cents to close with 3,000 shares changing hands at $2.55,Radio Jamaica lost 17 cents in trading 20,000 shares to close at $1.68, Sagicor Group ended with 4,796,270 shares changing hands at $23. Sagicor Real Estate Fund traded 29,763 shares to close with a rise of 3 cents at $10.15, Scotia Group had 13,762 shares changing hands but rose 19 cents to close at $30.80, Scotia Investments ended with 31,800 shares trading and falling 45 cents, to close at $26. Supreme Ventures ended trading with 15,500 units at $4.49 with a gain of 9 cents and JMMB Group 6% US dollar preference share traded 18,580 units at US$1.05, after falling 10 cents.

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Juniors close down on Monday

June 27, 2016 by

JM sum 27-6-16The junior market closed trading on Monday with only 9 active securities as the volume climbed to 3,510,504 shares valued at $14,348,452 changing hands as the market saw a number of relatively large trades taking place. At the close the junior market index fell by 10.02 points to 2,205.61. Only 3 stocks advanced and 2 declined.
At the end of trading 5 stocks closed with the bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Consolidated Bakeries traded 623,874 units to end at $1.85, Derrimon Trading closed with 100,000 shares changing hands at $3.20 after declining by 10 cents, General Accident traded at $2.06, with 85,500 shares changing hands, Honey Bun lost 20 cents to close at $5.60 with 1,011,707 units changing hands.JM Trdng Sht-27-6-16 A total of 987,000 of the Honey Bun shares traded between $5 and $5.20. Iron Rock Insurance closed at $3.26 with 187,915 units changing hands for a gain of 6 cents, at the close the bid is at $3.20 to buy 4.67 million units. Jamaican Teas ended with 96,271 shares but lost 40 cents to close at $3.40, Knutsford Express closed trading with 1,033 shares, to end at $17.50, Lasco Distributors traded 27,017 units to end with a gain of 10 cents, at $7.60. Lasco Financial closed with a fall of 11 cents at $3.50, with 385,735 shares changing hands and Lasco Manufacturing lost 1 cent to close at $5 with 1,083,723 shares trading.

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Juniors close flat on Friday

June 24, 2016 by

JM SignThe junior market closed trading on Friday with 16 active securities as the volume amounted to 1,686,917 shares valued at $7,442,746 changing hands. At the close the junior market index fell by a mere 0.13 points to 2,215.63. Only 2 stocks advanced and 7 declined.
At the end of trading 5 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers.
At the end of trading, CAC 2000 traded 350 units and rose 35 cents to end at $6.95, JM sum 24-6-16Caribbean Flavours traded 12,682 shares at $7, Caribbean Producers had 15,900 units trading to close at $4, Consolidated Bakeries traded 38,000 units to end at $1.85. C2W Music end trading with 7,019 shares at 34 cents, Dolphin Cove traded 24,218 units at $11.60, General Accident traded with the loss of 4 cents at $2.06, with 3,400 shares changing hands, Honey Bun gained 10 cents to close at $5.80 with 34,568 units changing hand. Iron Rock Insurance closed at $3.20 with 59,000 units changing hands, Jamaican Teas ended with 96,271 shares but lost 40 cents to close at $3.40, JM Trdng Sht-24-16Jetcon Corporation closed trading with 138,928 shares, to end at $2.65, Lasco Distributors traded 67,216 units to end with a loss of 30 cents, at $7.50. Lasco Financial closed with a fall of 5 cents at $3.39, with 321,690 shares changing hands, Lasco Manufacturing lost 1 cent to close at $5 with 810,020 shares trading, Medical Disposables traded 11,500 shares to close at $3.50 after shedding 10 cents, Derrimon Trading 11.75% preference share traded 46,155 units but lost 6 cents to close at a 52 weeks’ low of $2.08.

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Big hit for juniors on Thursday

June 23, 2016 by

The junior market closed trading on Thursday with 14 active securities, while the junior market index fell 26.36 points to 2,215.76 as 5 stocks advanced and 4 declined. Market volume ended at 1,048,182 shares valued at $1,996,575 changing hands.
JM Trdng Sht-23-16At the end of trading 5 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers.
At the end of trading, AMG Packaging gained 12 cents and closed with 3,708 shares changing hands at $13.12, Caribbean Cream traded 4,736 units, to end at $5, Caribbean Producers had 6,680 units trading with a fall of 35 cents to close at $4, Consolidated Bakeries traded 6,700 units to end at $1.85. C2W Music fell 7 cents in trading 695,257 shares at 34 cents, Dolphin Cove eked out a gain of 10 cents while trading 1,799 units at $11.60, General Accident traded unchanged at $2.10, with 9,284 shares changing hands, Honey Bun gained 20 cents to close at $5.70 with 4,000 units changing hand.JM sum 23-6-16 The bid on the stock was at $5.76 at the close, to buy 2,000 units. Jetcon Corporation closed trading with 1,557 shares and gained 14 cents, to end at $2.65, Lasco Distributors traded 16,280 units to end with a loss of 10 cents, at $7.80, Lasco Manufacturing gained by 1 cent to close at $5.01 with 254,504 shares trading. Medical Disposables traded 16,614 shares to close at $3.50 after shedding 10 cents, Paramount Trading ended with 2,000 shares changing hands at $11 and tTech ended with 25,063 units changing hands, to close at $4.

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Lasco Manufacturing dominates juniors

June 22, 2016 by

Lasco Manufacturing had the largest trade in the junior market on Wednesday

Lasco Manufacturing had the largest trade in the junior market on Wednesday

The junior market closed trading on Wednesday with 15 active securities, while the junior market index fell 10.18 points to 2,242.12 as 3 stocks advanced and 3 declined. Market volume ended at 4,960,144 shares valued at $25,785,964 changing hands as Lasco Manufacturing dominated trading with 86 percent of the trades.
At the end of trading 8 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers. JM sum 22-6-16At the end of trading, AMG Packaging closed with 130,000 shares changing hands at $13, CAC 2000 traded just 1,000 units at $6.70, Cargo Handlers had 4,000 units trading at $46, Caribbean Cream traded 191,729 units, to end with a rise of 1 cent at $5, Caribbean Flavours ended with 9,600 shares changing hands at $7. Caribbean Producers had 19,477 units trading with a fall of 15 cents to close at $4.35, Consolidated Bakeries traded 5,000 units to end at $1.85, JM Trdng Sht-22-6-16Honey Bun closed at $5.50 with 60,695 units changing hands, but the bid was at $5.76 at the close, to buy a small volume. Iron Rock closed trading with 1,000 shares, but fell 3 cents to end at $3.20, Knutsford Express had 2,963 units changing hands at $17.50, Lasco Distributors traded 29,867 units to end with a gain of 2 cents, at $7.90, Lasco Financial closed with a rise of 9 cents, at $3.44 with 216,475 shares changing hands. Lasco Manufacturing declined by 10 cents to close at $5 with 4,264,787 shares trading, Medical Disposables traded 19,630 shares to close at $3.60 after shedding 40 cents and tTech ended with 3,921 units changing hands to close at $4.

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Trading picks up for juniors – Tuesday

June 21, 2016 by

Interest is up for Caribbean Cream with 575,000 units trading on Tuesday to end at $4.99.

Interest is up for Caribbean Cream with 575,000 units trading on Tuesday to end at $4.99.

The junior market made moderate gains at the close of trading on Tuesday with 15 active securities, with the junior market index inching up by 1.99 points to 2,252.30 as 5 stocks advanced and 6 declined. Market volume picked up from Monday’s low level of 775,816 shares valued at $4,015,547 changing hands, compared to 1,016,398 units valued at $4,845,689 on Tuesday.
At the end of trading 4 stocks closed with the bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Access Financial Services traded just 100 shares with a gain of 5 cents at $17.40, as the demand for the stock builds but against limited supply.JM sum 21-6-16 AMG Packaging closed with 6,000 shares changing hands at $13, Caribbean Cream came in for good demand in trading 575,551 units, to end with a fall of 1 cent at $4.99, Caribbean Flavours ended with 33,700 shares at $7, Caribbean Producers had 85,069 units trading with a gain of 30 cents to close at $4.50. Consolidated Bakeries traded 100,000 units and rose 5 cents to end at $1.85, Dolphin Cove traded 162 units to close at $11.50. Honey Bun fell 50 cents and closed at $5.50JM Trdng Sht-21-6-16 with 43,782 units changing hands, Jamaican Teas closed trading with 1,048 shares, but fell 9 cents to end at $3.71, Lasco Distributors traded 10,675 units to end with a loss of 7 cents, at $7.88. Lasco Financial closed with a loss of 9 cents, at $3.35 with 7,850 shares changing hands, while Lasco Manufacturing gained 1 cent to close at $5.10 with 82,961 shares trading. Medical Disposables traded 53,500 shares to close at $3.60 after shedding 40 cents, Paramount Trading closed with a gain of 1 cent at $11 with 6,000 shares changing hands and tTech ended with 10,000 units changing hands to close at $4.

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Juniors had quiet – Monday

June 20, 2016 by

JM sum 20-6-16Trading in junior market closed with 13 active securities, with overall volume traded remaining low leading to only 775,816 shares valued at $4,015,547 changing hands on Monday. At the close 3 stocks advanced and 2 declined and the junior market index fell 4.72 points to 2,250.31.
At the end of trading 6 stocks closed with the bids higher than their last selling prices and 4 ended with lower offers.
At the end of trading, AMG Packaging closed with 2,128 shares changing hands at $13, CAC 2000 traded 3,135 shares at $6.70, Caribbean Cream traded 13,843 units to end with a gain of 20 cents at $5, the stock was offered at $4.99 at the close, to sell 50,000 units, Dolphin Cove traded 8,338 units to close at $11.50. JM Trdng Sht-20-6-16Honey Bun closed at $6 with 27,574 units changing hands, ISP Finance traded 31,499 units to close at $4.10, Jamaican Teas closed trading with 1,400 shares at $3.80, Jetcon traded 15,424 shares and gained 1 cent at $2.51, Lasco Distributors traded 105,769 units to end with a loss of 3 cents, at $7.95. Lasco Financial closed unchanged at $3.44 with 79,427 shares changing hands, while Lasco Manufacturing gained 4 cents and closed at $5.09 with 392,314 shares trading, Medical Disposables traded 2,000 shares to close at $4 and tTech ended with 92,965 units changing hands but fell 5 cent to close at $4.

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