Activity on the Junior Market closed remained very low with only 5 securities traded on Friday just one more than the 4 that traded on Thursday.
Friday’s trading ended with 628,700 units changing hands valued at $1,098,738 and the JSE Junior Market Index advancing 7.49 points to close at 725.26. At the close the prices of 1 stock advanced and 3 declined.
The market ended with 3 stocks having bids higher than their last selling prices and 3 stocks with offers that were lower. There were 6 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, Dolphin Cove closing with 16,610 shares while gaining 29 cents to end at $8.80. General Accident closed with 405,884 shares trading at $1.70, Lasco Distributors finished with 24,000 shares changing hands, to close down by 4 cents at $1.46, Lasco Financial closed with 1,000 shares trading 6 cents lower to $1.10 and Lasco Manufacturing trading 181,206 shares to end lower by 2 cents at $1.15.
Junior market activity remains low
Only 4 stocks trade in Junior market
Activity on the Junior Market closed with just 4 securities traded, ending with 91,421 units changing hands valued at $373,999. The JSE Junior Market Index remained unchanged at 717.77, with the price of 1 stock advancing and 1 declining.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market ended with 6 securities closing with no bids to buy and there were 6 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Blue Power closing unchanged at $6.50 after trading 16,412 shares, Lasco Distributors lost 1 cents in closing at $1.50 with 7,870 shares, Lasco Financial Services put on 1 cents in closing at $1.16 as 30,374 units were traded and Eppley 9.5% preference shares traded
36,765 units at $6.
Lasco Manufacturing on top
Lasco water treatment machines, part of the new factory facility at the White Marl in St Catherine,
The JSE Junior Market Index declined 7.92 points to close at 717.77, with the prices of 5 stocks advancing and 2 declining. At the close of the market, there were 2 stocks with bids higher than their last selling prices and 3 with offers that were lower. The junior market ended with 5 securities closing with no bids to buy and 6 securities had no stocks being offered for sale.
Stocks trading in the junior market are, Cargo Handlers finished with 800 shares as the price jumped at 80 cents to a new all-time high of $17, Caribbean Flavours closing with 101,873 shares to end with an increase of 15 cents to $2.35, General Accident ended trading with 383,758 shares trading at 5 cents to $1.70, Jamaican Teas closing with 200 units trading at 1 cent more to $2.56, Lasco Distributors closing with 500,000 units and put on 3 cents to $1.51. Dolphin Cove closed with 400 units trading to end at 29 cents to $8.51, Lasco Manufacturing in trading 3,458,331 shares lost 10 cents to $1.17, Paramount Trading finished with 2,460 shares changing hands at $4.
Paramount at new high of $4
Sika one of the brands tcarried by Paramount
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 ended with 5 securities closing with no bids to buy and there were 5 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Lasco Manufacturing closing with 20,000 shares as the price climbed 8 cents to $1.27,Paramount Trading ended trading with 10,000 shares while gaining 78 cents to close at an all-time high of $4,
Blue Power ended trading with 2,350 shares trading at $6.50, Lasco Financial ending with 14,798 shares changing hands at $1.15, Derrimon Trading had 100 shares trading at $2.04, Eppley 9.5% preference shares closed with 10,000 shares changing hands to close $6 and General Accident ending with 67,522 shares trading at $1.65.
Junior Market closed week up
Activity on the Junior Market closed with 8 securities traded and ending with only 48,272 units changing hands valued at a mere $112,162. The JSE Junior Market Index increased 12.17 points to close at 713.70, with the prices of 4 stocks advancing and none declining.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and only 1 with a lower offer. The junior market ended with 5 securities closing with no bids to buy and there were 8 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Producers concluding trading with 1,100 shares to end with an increase of 20 cents to $2.30, Lasco Distributors closing with 10,000 shares, the price gained 2 cents to $1.48, Lasco Financial finishing trading with 17,802 shares, to end with an increase of 9 cents at $1.15. Lasco Manufacturing closing with 2,759 shares trading, 3 cents higher at $1.19, Eppley 9.5% preference share ended with 10,035 units trading, unchanged at $6, General Accident had just 100 shares changing hands at $1.65 and Honey Bun ending with 5,235 shares trading at $1.91 as investors reacted to the December quarter’s results which shows reduced profit in the quarter. Profits fell 17 percent for the quarter to $16.5 million compared to the prior year. Management in their report said the “reduction was mainly due to increased distribution cost resulting from the takeover of a large contract distributor to maintain our customer service and the lease of vehicles due to accidents of two of our main distribution vehicles.” At the close of trading, there were no stocks listed to be bought and 206,849 units being offered to sell at $1.91.
Carib Producers’ results hit stock
Activity on the Junior Market ended with Caribbean Producers pulling back today, after gaining on Wednesday, on robust volume of 4,393,426 shares. The company reported much improved results over the poor first quarter numbers, with the latest figures showing slightly lower profit for the December quarter of US$1.03 million versus US$1.18 million, for the similar period in 2013. For the year to December, profit is in at US$1.012 million versus US$1.62 million.
Trading closed with 6 securities being active, ending with 552,558 units changing hands valued at $1,033,150. The JSE Junior Market Index declined 4.90 points to close at 701.53, with the prices of 2 stocks advancing and 3 declining.
At the close of the market, there were 3 stocks with bids higher than their last selling prices and 1 with the offer that was lower. The junior market ended with 5 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Lasco Distributors ending trading with 11,540 shares changing hands, 1 cent higher at $1.46, Lasco Manufacturing closing with just 4,000 shares trading as the price gained 1 cent to end at $1.16, General Accident ending with 236,240 shares trading at $1.65. AMG Packaging lost 27 cents with 7,500 units trading as the price closed at $2.22, Caribbean Producers trading 276,000 shares and closed lower by 20 cents to $2.10 and Lasco Financial closed with 17,278 shares changing hands 4 cents lower at $1.06.
Caribbean Producers tops juniors
Caribbean Producers traded nearly 4.4 million shares and rose in trading on Wednesday. Mayberry Investment was the broker that did all the buying while Stocks & Securities did the bulk of the selling, except for two smaller trades, amounting to 143,000 units.
Activity on the Junior Market closed with 6 securities traded ending with 5,082,755 units changing hands valued at $11,034,581. The JSE Junior Market Index declined 3.54 points to close at 706.43, with the prices of 3 stock advancing and 2 declining. At the close of the market, there were 4 stocks with bids higher than their last selling prices and only 1 stock with an offer that was lower. The junior market ended with 5 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Cream in trading 200 shares closed with a gain of 1 cent to 76 cents, Caribbean Producers finished with 4,393,426 units trading 10 cents higher to $2.30, Lasco Financial closed with 6,472 units and put on 5 cents to $1.10, Lasco Distributors closing with 5,310 shares trading at unchanged at $1.45, General Accident ended trading with 281,669 shares changing hands to close lower by 10 cents to $1.65 and Lasco Manufacturing closing with 395,678 units trading lower by 5 cents to $1.15.
Junior market inching higher
Activity on the Junior Market closed with 7 securities traded, ending with 806,830 units changing hands, valued at $1,091,417. The JSE Junior Market Index gained 7.22 points to close at709.97, with the price of 2 stocks advancing and none 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. The junior market ended with 5 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, General Accident closed with 22,000 shares trading 10 cents higher at $1.75, Lasco Distributors ending with 317,632 units trading to gain 5 cents to $1.45, Blue Power closed with 7,633 units trading at $6.50, Eppley 9.5% had 3,203 units trading at $6, Honey Bun closed with 300 shares changing hands at $1.91, Lasco Financial ending with 176,450 shares trading at $1.05 and Lasco Manufacturing finishing with 279,612 shares trading at $1.20.
Moderate junior market trading
Activity on the Junior Market closed with 6 securities trading, ending in 113,404 units changing hands, valued at $253,308. The JSE Junior Market Index declined 0.36 points to close at 702.75, no stock advanced and 1 declined in price.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and 1 with the offer lower. The junior market ended with 5 securities closing with no bids to buy, there were 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Derrimon Trading ending with 16,550 units trading and fell by 1 cent to $2.04, for a 52 weeks’ low, Caribbean Producers closed with 585 shares changing hands at $2.20, Honey Bun ending with 1,850 units at $1.91, Lasco Financial finished with 20,513 units trading at $1.05, Eppley 9.5% preference share closed with 21,762 shares changing hands at $6 and Lasco Manufacturing ending with 52,144 shares trading at $1.20.
Juniors record gains Friday
Activity on the Junior Market was over shadowed by movements in the main market on Friday, with only 5 stocks trading resulting in moderate gains in prices, in contrast to the rise of nearly 2,000 points in the all Jamaica Composite index. The JSE Junior Market Index rose 4.90 points to close at 703.11. The market closed with 123,876 units valued at $316,167 changing hands. Thee price of 2 stocks advanced and none declined.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and 1 stock with a lower offer. The junior market ended with 4 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial traded 10.000 shares and closed 1 cent higher at $9.40, Dolphin Cove closed with 300 shares changing hands, 30 cents higher to $8.80, Lasco Financial traded 48,559 shares at $1.05, Lasco Manufacturing closed with 30,987 shares traded at $1.20 and Sweet River Abattoir ended at $3.86 with 34,030 shares changing hands.