7 stocks rose on junior martket

May 6, 2015 by

Caribbean Producers enjoyed another day trading high volume

Caribbean Producers enjoyed another day trading high volume

Trading picked up on the Junior Market with 13 securities trading, the most for some time, and ended with 1,615,246 units changing hands valued at $5,248,573. The JSE Junior Market Index declined 10.85 points to close at 824.53, with the price of 7 stocks advancing and 3 declining and two closing at 52 weeks’ high.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 2 with lower offers. The junior market ended with 4 securities closing with no bids to buy and 5 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, AMG Packaging ending with 137,533 shares changing hands to close higher by 25 cents at $3.25, Blue Power closed with 230 shares trading at $8.81, Cargo Handlers finished with 20,000 units to close with a gain of 25 cents to a new all-time high of $21.75, Caribbean Producers with 717,178 shares trading lower by 12 cents to $2.88, Derrimon Trading finished trading with 47,549 shares to closed unchanged at $2.04, General Accident Insurance concluded trading with 55,800 shares changing hands to close 2 cents higher at a 52 weeks’ high of $1.82. Lasco Distributors JSE 6-5-15traded 5,000 shares trading, 1 cent higher, at $1.46, Lasco Financial Services finished trading with 322,888 units, the price slipped 7 cents to $1.23. There was dealing in 6,918 Lasco Manufacturing’s shares as the stock traded lower by 1 cent to $1.34, Medical Disposables contributed 30,000 shares with the price rising 20 cents, to $1.90, Paramount Trading ended trading with 10,000 shares to end with an increase of 39 cents at $3.99. Eppley 9.5% preference share closed trading with 17,150 units and put on just 1 cent to $6.01 and the company’s 2019 preference share exchanged 245,000 units at $6.

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Junior market within 5 pnts of record

May 5, 2015 by

Caribbean Producers traded 2.8 million shares on Tuesday

Caribbean Producers traded 2.4 million shares on Tuesday

Activity on the Junior market closed with 8 securities trading and ending with 2,815,632 units changing hands valued at $8,153,644, pushing the index within just 5 points of the junior market all time high of 840.18 points recanted on July 9, 2013. The JSE Junior Market Index declined 18.38 points to close at 835.38, with the price of 3 stocks advancing and 4 declining. Three stocks closed at 52 weeks’ high and one traded during the day at intraday high.
At the close of the market, there were 7 stocks with bids higher than their last selling prices and only 1 with a lower. The junior market ended with 4 securities closing with no bids to buy and 8 that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial JM cht 5-5-15traded 7,428 units and added 1 cent to end at $15.10, a new 52 weeks’ high, Cargo Handlers closed at a new 52 weeks high of $21.50 by gaining 50 cents with 20,000 shares trading. Caribbean Cream had 8,000 units changing hands to end 4 cents higher at a new 52 weeks’ high of 85 cents. Caribbean Producers had 2,416,990 shares trading between $2.88 and $3.05, to close 9 cents lower at $2.90. Consolidated Bakeries traded 45,000 shares at 94 cents to gain 12 cents, Dolphin Cove traded 1,000 at a new 52 weeks’ high of $10, Lasco Financial Services had 28,800 units trading and closed at $1.30 and Lasco Manufacturing traded 288,414 shares between $1.35 and $1.50 and closed at $1.35, the stock traded during the day at 52 weeks high.

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Juniors gain with 5 stocks rising

May 4, 2015 by

Cargo Handlers closed at an all time high of $21

Cargo Handlers closed at an all time high of $21

Trading activity picked up on the Junior market on Monday, with the market closing with 11 securities trading and ending in 1,776,893 units changing hands valued at $2,970,218. The JSE Junior Market Index declined 6 points to close at 817, with the price of 5 stocks advancing and 1 declining.
An indicator of the state of the market at the close, can be seen by the number of stocks with bids versus offers, as well as the numbers that close with bids being higher or lower than the last sale price. AT the close there were 4 stocks with bids higher than their last selling prices and only 1 with a lower. The junior market ended with 5 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Blue Power trading 6,000 units and gained $1.30 to end at $8.81. JM cht4-5-15Caribbean Cream had 11,000 units changing hands and ending 16 cents higher at 81 cents, Caribbean Producers had 80,935 shares trading at $2.99 with a loss of 11 cents. Cargo Handlers closing at an all-time high of $21, while trading 10,000 units, to gain 89 cents. Honey Bun gained 2 cents, in trading 1,500 shares to end at $1.90, up 8 cents, Jamaican Teas had 12,422 units changing hands at $2.55, Knutsford Express closed with 7,016 units changing hands at $6, Lasco Distributors had 523,076 shares trading to close at $1.45 with no stock on offer at the close. Lasco Financial Services had 3,500 units changing hands traded at the close at $1.30, Lasco Manufacturing traded 821,444 shares and closed at $1.35 and Medical Disposables ended with 300,000 trading at $1.70.

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Juniors near all-time high

May 1, 2015 by

JM 1-5-15 indx Activity on the Junior Market closed with 6 securities trading and ending with 680,118 units changing hands valued at $867,840. The JSE Junior Market Index declined 25.07 points to close at 811.00, with the price of 3 stocks advancing and 4 declining, two stocks reached new 52 weeks high, with one hitting an all-time high.
The index is just 29 points from the all-time high of 840.18 reached in July 2013, this level is likely to be history once the Lasco companies report earnings, which should be the end of May, based on past reporting time frame. With nearly a third of the market closing with bids ahead of the last traded price, the all-time high should be easily taken out in a matter of days. The junior market is lagging the gains of the main market Jamaican stocks with gains of just 14 percent in 2015 and 33 percent from the low of July 2014, compared to 26 percent for the Main market and 39 percent respectively.
At the close of the market, there were 7 stocks with bids higher than their last selling prices and only 2 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.JM cht 1-5-15Stocks trading in the junior market are, AMG Packaging with 37,855 shares at $3, Cargo Handlers with 3,700 units at a new all time high of $20.11, after putting on 1 cent, Caribbean Producers had 501,000 shares trading at $3.10 with a gain of 10 cents, with the offer at the close, was $2.99 to buy 100,000 units. Lasco Distributors with only 1,285 shares trading, closed at $1.43, Lasco Financial Services had 134,913 units trading and ended at $1.30 with a gain of 10 cents and Lasco Manufacturing traded just 1,355 shares with a gain of 14 cents to $1.35, for a new 52 weeks’ high.

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Junior market trading picks up

April 30, 2015 by

JSE sign Activity on the Junior Market picked up on Thursday with a number on new highs recorded as investors increased their exposure to the segment of the market that has been late to the rally.
The market closed with 10 securities traded and ending with 2,839,792 units changing hands valued at $6,035,405. The JSE Junior Market Index rose 28.36 points to close at 785.93, with the price of 6 stocks advancing and 1 declining. At the close of the market, two stocks closed at new 52 weeks’ high and two hit 52 weeks’ high during trading but retreated. At the end of trading there were 4 stocks with bids higher than their last selling prices and 1 with the offer lower. The junior market ended with 3 securities closing with no bids to buy and 10 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial traded 2,000 units and lost $1.89 to end at all-time high of $15.09. AMG Packaging price moved up in trading to $3 with 9,000 and closed with a gain of 74 cents, the stock was halted during trading for an hour and then was reopened at minutes before the close at which time it officially traded. Caribbean Producers traded 1,089,045 units between $2.75 and $3, where it closed with a gain of 25 cents. JM cht 30-4-15Dolphin Cove gained 30 cents with 1,000 shares trading, to close at a new 52 weeks’ high, of $9.50. General Accident Insurance had 1,152,419 shares trading, at a new 52 weeks’ high of $2, the stock traded as low as $1.75 but closed 10 cents higher than Wednesday’s closing price, at $1.80, Lasco Distributors had 177,909 shares trading to close with a loss of 3 cents at $1.40, but traded between $1.37 and $1.43. Lasco Financial Services closed with a gain of 7 cents as 175,000 shares traded, to end at $1.20. Lasco Manufacturing trading of 212,000 as high as $1.30, a new 52 weeks’ high but ended with a closing price of $1.20, Medical Disposables traded only 2,000 shares at $1.70 after losing 10 cents and Paramount Trading had 19,419 units trading at $3.60.

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Junior market index jumps

April 29, 2015 by

Activity on the Junior Market closed with 5 securities trading and ending with 652,472 units changing hands valued at $1,335,856. The JSE Junior Market Index declined 21.35 points to close at 757.57, with the price of 3 stocks advancing and 4 declining.
JM 29-4-15At the close of the market, there were 6 stocks with bids higher than their last selling prices and 1 with the offer that was lower. The junior market ended with 4 securities closing with no bids to buy and 8 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Dolphin Cove with 68,960 shares trading, to close at $9.20 after trading at $9.50, Lasco Distributors had 60,000 shares trading at $1.43, with the stock rising 13 cents. Lasco Financial Services with 348,122 units trading, lost 1 cent to end at $1.14, Lasco Manufacturing gained 13 cents while trading 170,390 shares and closed at $1.20 and Paramount Trading ended with just 5,000 changing hands at $3.60 to record a gain of 3 cents.

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Juniors down but pregnant to go

April 28, 2015 by

Bids are building for Caribbean Cream. the company recently reported strong 9 months' results.

Bids are building for Caribbean Cream. the company recently reported strong 9 months’ results.

Activity on the Junior Market closed with 5 securities trading and ending with 165,447 units changing hands valued at $391,241. The JSE Junior Market Index declined 3.16 points to close at 736.22, with the price of 2 stocks advancing and 1 declining.
At the close of the market, there were 8 stocks with bids higher than their last selling prices and just 1 with a lower offer. The junior market ended with 4 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Bids are building for some of the junior market stocks, included in this list are Caribbean Cream with 194,000 units at 75 cents and below 6,535,715 units between 70 and 71 cents, Blue Power with 100,000 units at $8.50, Dolphin Cove 96,171 shares at $9.20, General Accident 76,207 units at $1.73.JM 28-4-15 and Lasco Manufacturing 187,544 shares at $1.10Stocks trading in the junior market are, Caribbean Producers had 70,000 shares trading at $2.75, with a gain of 5 cents. Dolphin Cove closed at $9.20, with 2,693 shares changing hands, Knutsford express traded 11,534 shares and closed unchanged at $6, Lasco Distributors had 75,720 shares trading at $1.30 for a loss of 7 cents and Lasco Financial Services with 5,500 units traded at the close at $1.15 after gaining 5 cents.

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Juniors still not partying

April 27, 2015 by

jse_logo150x150 Activity on the Junior Market closed with 7 securities trading and ending with only 85,855 units changing hands, valued at $268,199. The JSE Junior Market Index declined 4.29 points to close at 739.38. At the close 2 stocks fell and none record a price increase, as investors shun the juniors in favour of the main market stocks.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and 2 with offers that were lower. The junior market ended with 4 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Jm 27-4-15Stocks trading in the junior market are, Consolidated Bakeries traded 3,234 shares at 82 cents, Dolphin Cove had 10,000 shares trading at $2.70, Eppley traded just 221 units unchanged at $380, Knutsford Express closed unchanged at $6 with just 300 shares changing hands. Lasco Distributors traded 31,100 shares to close at $1.37 after losing 3 cents, Lasco Financial Services had 40,000 units trading at $1.10 with a fall of 5 cents and Lasco Manufacturing with only 1,000 shares ended at $1.07, but had a bid at $1.15 at the close.

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Juniors not partying yet

April 24, 2015 by

JSEDailyTrading280X150 Activity on the junior market was moderate, on a day when the main market recorded another session of strong gains, as investors’ focus seems to be more on the stocks of bigger companies. Based on the strong profit performance of many of the junior market companies, it’s only a matter of time that more interest will be paid to junior market companies as investors seek out profitable trades.
At the close of trading only 6 securities traded and ending with 476,829 units changing hands valued at $1,177,602. The JSE Junior Market Index declined 1.78 points to close at 743.67, with the price of 3 stocks advancing and 4 declining.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and 1 with a lower offer. JM 24-4-15The junior market ended with 5 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Blue Power traded 295 units to end at $7.51, Caribbean Producers had 356,822 shares trading at $2.70, Knutsford Express traded 600 shares at $6, Lasco Distributors traded 6,973 shares to close with a gain of 2 cents at $1.40. Lasco Financial Services 3,454 units traded at the close at $1.15 and Medical Disposables traded 108,685 and closed unchanged at $1.80.

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Junior standoff holds back trading

April 23, 2015 by

Knutsford Express closed at a new all time high of $6 on Thursday.

Knutsford Express closed at a new all time high of $6 on Thursday.

Activity on the Junior Market closed with only 5 securities trading as buyers and sellers are not seeing eye to eye on the values of stocks. Trading ended with 142,563 units changing hands valued at $360,028. The JSE Junior Market Index rose 9.37 points to close at 741.89, with the price of 3 stocks advancing and 4 declining.
At the close, there were 4 stocks with bids higher than their last selling prices and 1 with offer that was lower. The junior market ended with 4 securities closing with no bids to buy and 10 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, are Caribbean Producers with 117,000 units,JM trades 23-4-15
at $2.70 for a 38 cents gain Honey Bun ending with just 1,937 shares trading unchanged at $1.82. Knutsford Express traded at a new high of $6 by adding 20 cents with only 2,580 shares changing hands, Lasco Distributors traded 4,000 shares between $1.38 down 5 cents but closed with a bid at $1.40, to buy 50,000 shares, with offers at $1.43 for 110,736 unitsand Lasco Financial gained 7 cents to $1.15 while trading 17,046 shares.

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