All Jamaica trades just 42 points shy of 405,000

The main market of the Jamaica Stock Exchange continued where it left off on Monday, hitting new highs just after opening at the start of trading on Tuesday.
With just limited trading, the All Jamaica Composite Indexrose 1,672.05 points to a record 404,772.34, beating yesterday’s high of 404,050.65 and the JSE Index gained 1,523.42 points to a record 368,793.40, bettering Monday’s high of 368,135.86. The Junior Market rose 8.90 points at the opening to 3,405.90.
With just 16 minutes of trading, both markets inched higher with the All Jamaica Composite Index rising to a record 404,958.30 and the JSE Index gained 1,523.42 points to a record 368,851.17 while the Junior Market moved up to 3406.05.

14 Junior Market stocks fall 6 rise – Monday

The Junior Market Index rose just 1.98 points to 3,397 at the close of trading after 26 securities changed hands on Monday, resulting in the prices of 6 securities rising, 14 declining and 6 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 4 stocks ending with bids higher than their last selling prices, 4 closed with lower offers. This reading suggests that declining stocks should exceed those advancing for the second day in a row.
Market activities, resulted in an exchange of only 1,142,126 units valued at $4,705,199, compared to 3,221,714 units valued at $11,222,507 trading on Friday from trading of 25 securities.
Trading closed with an average of 43,928 units for an average of $180,969 in contrast to 128,869 units for an average of $448,900 on Friday. Trading in September, averaged 484,335 for an average of $2,628,299 for each security traded.
At the close of trading, AMG Packaging ended with 40,952 stock units changing hands after a loss of 4 cents to close at $1.91, Blue Power concluded trading with 5,035 units, and declined 30 cents to $6, CAC2000 jumped $3.75 to an all-time high at $18.75, with 2,000 shares trading, Cargo Handlers settled at $15, exchanging 6,058 shares, Caribbean Cream ended trading 70 cents higher at $8, with 2,295 shares changing hands. Caribbean Flavours traded 15,300 stock units, with a loss of 2 cents to end at $17, Caribbean Producers finished trading of 1,955 units at $6.35, Derrimon Trading ended at $2.90, in swapping 226,188 shares, Dolphin Cove concluded trading with a loss of 50 cents at $16.50, with 110 shares. Everything Fresh fell 1 cent and ended trading of 116,277 shares at $1.99, Express Catering ended trading 30 cents higher at $8.50, with 21,625 shares changing hands, FosRich Group ended trading 2,945 shares with a loss of 20 cents at $3.50, General Accident traded 214,892 shares at $3.80, GWest Corporation finished at $2.05, trading 21,641 shares, Honey Bun closed with a loss of 25 cents at $3.70, with 48,907 stock units changing hands. Indies Pharma lost 8 cents with 119,039 shares changing hands to close at $3.32. Iron Rock ended 40 cents higher at a 52 weeks’ high $5, in exchanging 10,600 units, ISP Finance concluded trading with 3,000 shares after a loss of $2 at $20, Jetcon Corporation settled with a loss of 14 cents at $3.86, exchanging 800 shares, KLE Group traded 70,864 units for 5 cents higher at $3.80. Knutsford Express dropped $1.14 to $11.36, trading 205 shares, Lasco Distributors closed 15 cents higher at $4.10, in the swapping of 9,400 shares, Lasco Financial ended at $5.50, with 136,342 shares trading, Lasco Manufacturing concluded trading of 9,990 stock units with a loss of 10 cents at $3.75, Main Event finished with a loss of 48 cents at $5.92, exchanging 29,158 units and Stationery and Office traded 26,548 shares with a loss of 9 cents at $9.10.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market falls to end September

The Junior Market Index declined by 34.58 points to 3,395.02 at the close of trading after 25 securities changed hands, resulting in the prices of 10 securities rising, 10 declining and 5 remaining unchanged.
Market sentiment closed somewhat negatively at the end of trading on Friday, as the IC bid-offer Indicator was narrowly positive which is an indication of that declining stocks should exceed those advancing.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 8 stocks ending with bids higher than their last selling prices, 6 closed with lower offers.
Market activities, resulted in an exchange of 3,221,714 units valued at $11,222,507, compared to 2,433,731 units valued at $8,326,070 trading on Thursday from trading of 27 securities.
Trading closed with an average of 128,869 units for an average of $448,900 in contrast to 105,814 units for an average of $362,003 on Thursday. Trading for the month to date averages 484,335 for an average of $2,628,299 and on the prior trading day, an average of 502,180 units for an average of $2,737,706 units. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging ended 1 cent higher at $1.95, in exchanging 161,113 stock units, Blue Power concluded trading 60,693 units with a loss of 20 cents at $6.30, Caribbean Producers finished trading 3,597 units at $6.35, Consolidated Bakeries closed with a loss of 45 cents at $2, with 500 shares changing hands, Derrimon Trading ended 5 cents higher at $2.90, after exchanging 1,332,160 shares. Dolphin Cove concluded trading 13,815 shares and climbed 50 cents higher at $17, Elite Diagnostic finished 3 cents higher at $3.05, with 54,569 stock units changing hands, Everything Fresh fell 10 cents and ended trading of 336,061 shares at $2, Express Catering ended trading at $8.20, with 138,800 shares changing hands, FosRich Group traded 24,113 shares and rose 10 cents to $3.70. General Accident finished trading of 2,000 shares at $3.80, GWest Corporation closed with a loss of 5 cents at $2.05, after exchanging 24,594 stock units, Honey Bun ended with a loss of 5 cents at $3.95, with 106,500 units changing hands, Indies Pharma rose 1 cent with 622,577 shares changing hands to close at $3.40. Iron Rock concluded trading 10 cents higher at $4.60, with 13,000 shares. Jamaican Teas settled at $4.85, trading 100 shares, Jetcon Corporation ended trading 20 cents higher at $4, with 13,750 stock units, Key Insurance traded with a loss of 42 cents at $3.08, with 5,000 units changing hands, KLE Group finished trading 10,000 shares with a loss of 25 cents to close at $3.75. Lasco Distributors ended with a loss of 5 cents at $3.95, with 93,935 shares changing hands, Lasco Financial concluded trading of 114,689 stock units at $5.50, Lasco Manufacturing finished with a loss of 15 cents at $3.85, with 6,362 units trading, Main Event settled 30 cents higher at $6.40, with 10,558 shares changing hands, Medical Disposables dropped $2.40 t0 $5.50, with just 600 shares trading and Stationery and Office finished trading 19 cents higher at $9.19, with 72,628 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market rise but sentiment negative

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Caribbean Flavours traded on the Junior Market at a record high of $21.

The Junior Market Index advanced by 12.92 points to close at 3,429.60 at the close of trading closed with 23 securities changing hands, resulting in the prices of 4 securities rising, 7 declining and 9 remaining unchanged.
Market sentiment closed negative on Wednesday and remains negative at the close of trading on Thursday as shown by the IC bid-offer Indicator with more stocks seeming poised to decline than rise by a good margin.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 7 closed with lower offers.
Market activities, resulted in an exchange of 2,433,731 units valued at $8,326,070, compared to 28,223,468 units valued at $66,146,106 trading on Wednesday.
Trading closed with an average of 105,814 units for an average of $362,003 in contrast to 1,045,314 units for an average of $2,449,856 on Wednesday. Trading for the month to date averages 502,180 units for an average of $2,737,706 and on the prior trading day, an average of 521,373 units for an average of $2,852,740. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging ended with the exchanging of 372,400 stock units, and rising 4 cents higher to close at $1.94, Blue Power fell 5 cents to end at $6.50, trading 22,662 units, CAC2000 finished with the trading of 29,525 shares at $15, Caribbean Flavours traded 3,000 stock units to close $1 higher at $19, after hitting an all-time high of $21. Derrimon Trading ended with a loss of 9 cents at $2.85, with 160,500 shares changing hands. Elite Diagnostic finished with a loss of 9 cents at $3.02, after exchanging 37,358 stock units, Everything Fresh closed trading with 108,150 shares changing hands at $2.10. Express Catering ended trading 82,267 shares at $8.20, FosRich Group traded with a loss of 10 cents at $3.60, with 8,726 shares, GWest Corporation closed 10 cents higher at $2.10, in the exchange of 10,000 stock units. Honey Bun ended at $4, with 10,927 units being exchanged, Indies Pharma lost 1 cent with 834,773 shares changing hands to close at $3.39. Iron Rock concluded trading of 210,000 shares, at $4.50, Jamaican Teas settled with a loss of 15 cents at $4.85, with 10,977 shares traded, Jetcon Corporation ended trading 13,860 stock units and lost 30 cents to end at $3.80. KLE Group finished trading at $4, with 300 shares, Knutsford Express closed at $12.50, in the swapping of 1,600 shares, Lasco Distributors ended at $4, exchanging 56,900 shares, Lasco Financial concluded trading 51,530 stock units and rose 2 cents higher to $5.50. Lasco Manufacturing finished at $4, exchanging 5,875 units, Main Event settled with a loss of 30 cents at $6.10, after 3,063 shares traded and Stationery and Office finished trading at $9, with 37,276 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market drops points Wednesday

KLE Group traded at a 52 weeks’ high on Wednesday.

The Junior Market Index slipped 11.52 points to close at 3,416.68, as 7 securities rose, 11 declined and 9 remained unchanged as 27 securities changed hands compared to 28 on Wednesday.
At the close of trading, leading to an exchanged 28,223,468 units valued at $66,146,106, compared to 1,705,030 shares valued at $6,168,727 on Tuesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 2 stocks ending with bids higher than their last selling prices, 5 closed with lower offers.
Trading closed with an average of 1,045,314 units for an average of $2,449,856 in contrast to 60,894 units for an average of $220,312 on Tuesday. Trading for the month to date averages 521,373 units for an average of $2,852,740 and on the prior trading day, an average of 489,796 units for an average of $2,877,021. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading AMG Packaging ended with a loss of 4 cents at $1.90, trading 172,224 stock units, Blue Power concluded trading 24,326 units and gained 5 cents to end at $6.55, CAC2000 closed at $15, trading 42,500 shares, Cargo Handlers settled at $15, with 1,969 shares, Caribbean Cream ended trading of 3,000 shares with a loss of 60 cents at $7.30. Caribbean Flavours traded just 218 stock units, to close at $18, Derrimon Trading ended 4 cents higher at $2.94, exchanging 596,207 shares, Elite Diagnostic finished with a loss of 4 cents at $3.11, with 398,534 stock units changing hands, Eppley settled with 3,850 units changing hands with a loss of $1.01 at $8, Everything Fresh closed trading with 62,506 shares changing hands at $2.10. Express Catering ended trading of 52,045 shares with a loss of 1 cent at $8.20, FosRich Group traded 45 cents higher at $3.70, with 200 shares, GWest Corporation closed with a loss of 6 cents at $2, in exchanging 24,744,890 stock units, Honey Bun ended with a loss of 20 cents at $4, with 52,867 units. Indies Pharma gained 30 cents with 369,580 shares changing hands to close at $3.40. ISP Finance finished at $22, in exchanging 2,000 shares, Jamaican Teas settled with a loss of 30 cents at $5, with 6,850 shares changing hands, Jetcon Corporation ended trading 10 cents higher at $4.10, with 87,875 stock units, KLE Group finished trading of 1,010,000 shares and rose 25 cents to close at a 52 weeks’ high at $4. Knutsford Express closed at $12.50, trading 882 shares, Lasco Distributors ended at $4, trading 44,462 shares, Lasco Financial concluded trading of 237,886 stock units with a loss of 2 cents to close at $5.48, Lasco Manufacturing finished at $4, in exchanging 1,226 units. Main Event settled 80 cents higher at $6.40, with 3,200 shares, Medical Disposables ended trading with a loss of 5 cents at $7.90, in exchanging 82,386 shares and Stationery and Office finished trading at $9, with 76,847 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market recovers 128 points in 2 days

The Junior Market Index having recovered 71.51 points of the 136.58 points lost on Friday, regained another 56.96 points on Tuesday to close at 3,428.20, as 17 securities rose to 6 that declined and 5 remained unchanged.
At the close of trading 28 securities changed hands, including 3 that closed at 52 weeks’ high, compared to 23 securities trading on Monday, leading to an exchanged 1,705,030 shares valued at $6,168,727, compared to 2,563,014 units valued at $10,430,621 on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 4 stocks ending with bids higher than their last selling prices, 3 closed with lower offers.
Trading closed with an average of 60,894 units for an average of $220,312 in contrast to 111,435 units for an average of $453,505 on Monday. Trading for the month to date averages 489,796 units for an average of $2,877,021 and on the prior trading day, an average of 518,389 units for an average of $3,054,135. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, Access Financial closed at $48, with 100 shares trading, AMG Packaging ended at $1.94, with an exchange of 50,000 stock units, Blue Power concluded trading with a loss of 49 cents at $6.50, with 28,132 units changing hands, CAC 2000 jumped $2.50 to an all-time high of $15, with 4,785 shares trading, Caribbean Cream ended trading of 15,300 shares at $7.90. Caribbean Flavours traded 5,359 stock units and rose $1.10 to $18, Caribbean Producers finished trading 25 cents higher at $6.35, with 27,102 units, Consolidated Bakeries closed with a loss of 1 cent at $2.45, with 14,200 shares changing hands, Derrimon Trading ended 10 cents higher at $2.90, with 334,164 shares. Elite Diagnostic rose 3 cents to $3.15, trading 169,251 stock units, Everything Fresh closed trading with 152,436 shares changing hands at $2.10, Express Catering ended trading of 29,398 shares and rose 21 cents at $8.21, FosRich Group traded 298,283 shares and gained 4 cents to $3.25, General Accident finished trading with a loss of 20 cents at $3.80, with 2,823 shares. GWest Corporation closed with a loss of 9 cents at $2.06, trading 10,433 stock units, Honey Bun ended 20 cents higher at $4.20, trading 100 units, Indies Pharma lost 40 cents and closed with 370,098 shares changing hands  at $3.50, ISP Finance jumped $2 to close at a 52 weeks’ high of $22, trading 6,334 shares, Jamaican Teas settled 30 cents higher at $5.30, with 13,106 shares trading. Jetcon Corporation ended trading 2,400 stock units and rose 2 cents to $4, KLE Group finished trading 45 cents higher at a 52 weeks’ high of $3.75, with 31,795 shares, Knutsford Express closed 50 cents higher at $12.50, with 500 shares changing hands, Lasco Distributors ended with a loss of 5 cents at $4, in exchanging 3,200 shares. Lasco Financial concluded trading of 101,878 stock units and rose 10 cents to $5.50, Lasco Manufacturing finished 15 cents higher at $4, switching 1,100 units, Main Event gained 50 cents to $5.60, with 25,000 shares, Medical Disposables ended trading 5,000 shares and rose $1.35 higher to $7.95 and Stationery and Office finished trading at $9, with 2,753 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market recovers 71 points on – Monday

The Junior Market Index recovered 71.51 of the 136.58 points lost on Friday, to close at 33,371.24, on Monday as 7 securities rose to a decline of 9.
At the close of trading 9 securities ended the prices closing unchanged from 23 securities changing hands, compared to 29 on Friday. Investors exchanged 2,563,014 units valued at $10,430,621, compared to 27,838,500 units valued at $164,750,850 on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 7 stocks ending with bids higher than their last selling prices, 5 closed with lower offers.
Trading closed with an average of 111,435 units for an average of $453,505 in contrast to 959,948 units for an average of $5,681,064 on Friday. Trading for the month to date averages 518,389 units for an average of $3,054,135 and on the prior trading day, an average of 541,966 units for an average of $3,204,801. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging ended with a loss of 1 cent at $1.94, in exchanging 117,200 stock units, Blue Power climbed 59 cents to $6.99, with 70,243 units changing hands, Cargo Handlers settled at $15, trading 12,189 shares, Caribbean Flavours with a loss of $1.10 in trading 3,757 stock units at $16.90, Caribbean Producers finished trading 13,662 units and rose 10 cents to $6.10. Derrimon Trading ended at $2.80, with 75,428 shares, Dolphin Cove concluded trading with a loss of 50 cents at $16.50, with 500 shares, Elite Diagnostic finished with a loss of 4 cents at $3.12, with 66,264 stock units, Everything Fresh closed trading of 163,250 changing hands shares at $2.10, Express Catering lost 21 cents to close at $8, trading 65,806 shares. General Accident finished trading 10 cents higher at $4, with 1,989 shares changing hands, Honey Bun ended at $4, in exchanging 15,000 units, Indies Pharma lost 39 cents and closed with 1,269,841 shares changing hands to close at $3.50, Jamaican Teas settled trading of 25,350 shares at $5, Jetcon Corporation ended trading 94,876 stock units with a loss of 2 cents at $3.98. KLE Group finished trading 30 cents higher at $3.30, with 196,224 shares changing hands, Knutsford Express closed 50 cents higher at $12, with an exchange of 16,106 shares, Lasco Distributors rose 55 cents to $4.05, with 11,320 shares trading, Lasco Financial concluded trading 15 cents higher at $5.40, with 118,389 stock units. Lasco Manufacturing finished with a loss of 5 cents at $3.85, trading 7,000 units, Paramount Trading closed at $3, in exchanging 17,120 shares and Stationery and Office finished trading of 30,000 stock units with a loss of 25 cents at $9. In the Junior Market preference segment, Eppley 8.25% concluded trading at $6, with 171,500 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Please stop Gwest scandalous action

Gwest booked preference shares but not properly issued.

The Jamaica Stock Exchange and the Financial Securities Commission must move to stop this scandalous action by GWest in issuing new shares that were not authorized by the shareholders of the company and was never mentioned as a contractual agreement in the prospectus that was issued in December last year.
The company cannot go to the public with an offer to sell shares and a critical contract that is now said to have exited, was not properly documented in the prospectus as a material contractual obligation of the company. By the way, the audited financial statement does not show any such contractual agreement.
GWest issued the first quarter results to June with an increase in share capital and the issue of $250 million preference shares without any information being communicated to shareholders. Now they have belated submitted an explanation to the Jamaica Stock Exchange, but those shares have been illegally issued and cannot stand.
The Gwest Corporation release states “on June 15, 2018 pursuant to the resolution passed at an Extraordinary General Meeting of the Company held on the 27th day of November 2017, it has signed an agreement for the conversion of $250,000,000 of shareholders’ loan to 10% Cumulative Non-Redeemable Preference Shares. Of the authorized 1,000,000 10% Cumulative Non-Redeemable Preference Shares, all units were allotted at $250 each to effect the conversion.”
The big question is if such a resolution existed why wasn’t the information included in the prospectus, why wasn’t the authorized capital split to include preference shares, why was the information not included in the audited financial report, why there was no mention of it in the annual report to shareholders.
With the wider shareholding not being made aware of it and not a contracted party to it must approve the increase in share capital with the issue taking place after the public issue of shares have passed for several months.
According to the company’s prospectus, section 7 lists all material contracts, no contract to issue preference shares is listed. Secondly, the reference to the share capital makes no mention of any other shares to be issued other than the ordinary shares of the company.
The prospectus stated the following: material contracts, entered into in the ordinary course of business, have been entered into by the Company with the following persons (“counterparties”) in the 2 years preceding as at the date of this Prospectus:
The above list has no contract in connection with the issue of preference shares to shareholders prior to the IPO.
The audited financial stated about Borrowings – “Shareholders’ loans: The principal balances represent loans from shareholders including US$741,248 (2017: US$742,515) of which US$716,560 was used for the purchasing of the land used for development (see Note 5). There are no set terms of repayment, however management does not anticipate repayment within the next twelve months as the loans are subordinated to the bank loans. No interest was charged on loans during the year as the shareholders agreed to waive such charges. Up to 2017 interest was charged at a rate of 4% and 15% per annum on the US dollar and Jamaican dollar loans, respectively.”
The note in the audited accounts to share capital states: “During the year ended March 31, 2017, interest payable on shareholders’ loans totaling $50 million, were converted to ordinary share capital. The 9,800 ordinary shares at no par value were allocated to the shareholders in the proportions of their shareholdings at that date. (13.2) During the year, the authourised ordinary share capital was increased to 1,000,000 ordinary shares by an ordinary resolution dated November 27, 2017. By an ordinary resolution of the same date each of the 1,000,000 ordinary shares were split into 1,000 ordinary shares such that the authourised ordinary share capital was increased to 1,000,000,000 ordinary shares. Further, by an ordinary resolution dated November 28, 2017 the 10,000 shareholdings of shareholders on register at November 27, 2017 were split such that their holdings of ordinary shares became 10,000,000 ordinary shares. Additionally, the shareholders who were allocated the 9,800 available shares at March 31, 2017, were further allocated 314,848,485 ordinary shares for the consideration of $50 million of interest converted to capital on March 31, 2017. (13.3) On December 7, 2017 the company made an offer for subscription to the public (IPO), of 160,000,000 of its ordinary shares at a price of $2.50 per share through the Junior Market of the Jamaica Stock Exchange (JSE). The company was officially registered on the Junior Stock Market on December 21, 2017. Total cost of the IPO of $30.848 million has been off-set against the issued share capital.”
“The company has one class of ordinary shares which carry no right to fixed income.”
The company released its annual report without a line mentioning the resolution to convert the loans to preference shares. The prospectus does not state it as a contractual obligation as such the prospectus that has become the legal document containing the contracts terms and obligations of all shareholders as of December must be honoured. It did not report the issue of any new shares accordingly, the additional shares are improperly issued and is a variance with the terms of the public offer.
IC Insider.com raised this matter after the company released the first quarter results, we again raise the above in the interest of the integrity of the market. We now over pass this over to the JSE and the FSC to follow up.

136 points Junior Market drop – Friday

The Junior Market dropped by an unusually large 136.58 points to close at 3,299.73 on Friday as Express Catering traded more than 23 million at $6.40 along with Lasco Distributors that fell to $3.50 and Main Event that traded at $5.10 from $6.50 did immense damage to the market index.
The major part of the damage which was done by the above three was accompanied by 11 other companies that declined on the day after the market recorded its highest close. At the close, trading ended with 29 securities, compared to 28 on Thursday, leading to 5 advancing, 14 declining and 9 remaining unchanged.
Investors exchanged 27,838,500 units valued at $164,750,850, compared to 3,874,490 units valued at $18,122,803 on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 4 closed with lower offers.
Trading closed with an average of 959,948 units for an average of $5,681,064 in contrast to 138,375 units for an average of $647,243 on Thursday. Trading for the month to date averages 541,966 units for an average of $3,204,801 and on the prior trading day, an average of 531,728 units for an average of $3,009,661. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, Access Financial fell $2 and closed at $48, after trading 2,000 shares, AMG Packaging ended at $1.95, with 1,714,425 stock units changing hands, Blue Power concluded trading with 48,659 units and lost 60 cents to end at $6.40, CAC 2000 finished with a loss of 50 cents at $12.50, with 2,800 shares trading, Caribbean Cream ended trading with a loss of 10 cents at $7.90, with 50,000 shares changing hands. Caribbean Flavours traded at $18, with 15,000 stock units, Caribbean Producers finished trading 2,470 units with a loss of 9 cents at $6, Derrimon Trading ended 30 cents higher at $2.80, in exchanging 328,947 shares, Dolphin Cove concluded trading of 10,839 shares at $17. Elite Diagnostic finished at $3.16, with 31,792 stock units, Eppley settled with a loss of 99 cents at $9.01, trading 2,500 units, Everything Fresh lost 19 cents in trading 58,866 shares to end at $2.10, Express Catering ended trading 19 cents higher at $8.21 after it traded down to $6.40 the bulk of 23,411,735 shares that changed hands, FosRich Group traded 111,206 shares at $3.21. General Accident finished trading 2,000 shares with a loss of 45 cents at $3.90, Indies Pharma gained 14 cents and closed trading with 622,765 shares changing hands at $3.89, Iron Rock concluded trading of 30,000 shares 50 cents higher to end at a 52 weeks’ high of $4.50, Jamaican Teas settled at $5, exchanging 100,000 shares, Jetcon Corporation ended trading with a loss of 10 cents at $4, after 63,601 stock units changed hands. Knutsford Express closed at $11.50, in exchanging 3,860 shares, Lasco Distributors ended with a loss of 50 cents at $3.50, with 744,400 shares, Lasco Financial fell 25 cents to close at $5.25, in trading of 100,000 stock units, Lasco Manufacturing finished with a loss of 10 cents at $3.90, with 51,017 units being exchanged. Main Event settled with a loss of $1.40 at $5.10, trading 175,584 shares, Medical Disposables ended trading 34,964 shares 10 cents higher at $6.60, Paramount Trading closed at $3, with 2,200 shares, Stationery and Office finished trading 1,100 stock units at $9.25 and tTech ended with a loss of 55 cents at $5.55, with 5,400 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Record close for Junior Market – Thursday

The Junior Market ended traded on Thursday record high closing high as more stocks gained than fell leaving The Junior Market Index advanced by 22.73 points to close at 3,436.31
Trading ended with 28 securities compared to 26 on Wednesday including 1 from the US dollar Junior Market, leading to 13 advancing, 7 declining and 8 remaining unchanged.
Investors exchanged 3,874,490 units valued at $18,122,803 compared to 3,671,416 units valued at $14,989,400 on Wednesday in the regular market.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 4 closed with lower offers.
Trading closed with an average of 138,375 units for an average of $647,243 in contrast to 141,208 units for an average of $576,515 on Wednesday. Trading for the month to date averages 531,728 units for an average of $3,009,661 and on the prior trading day, an average of 539,551 units for an average of $3,204,213. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging ended at $1.95, with 33,550 stock units, Blue Power concluded trading of 1,000 units and rose 3 cents to $7, CAC 2000 jumped $1 to a 52 weeks’ high of $13, trading 44,000 shares, Cargo Handlers settled $2 higher at a 52 weeks’ high of $15, with 500 shares changing hands, Caribbean Cream ended trading 10 cents higher at $8, with 108,677 shares. Caribbean Flavours lost 50 cents to end at $18, with 110,000 stock units traded, Caribbean Producers finished trading 59,548 units with a loss of 1 cent at $6.09, Consolidated Bakeries closed with a loss of 3 cents at $2.46, trading 111 shares, Derrimon Trading ended with a loss of 50 cents at $2.50, in exchanging 1,126,228 shares. Elite Diagnostic finished with a loss of 1 cent at $3.16, trading 31,816 stock units, Everything Fresh rose 27 cents in trading 25,134 shares to end at $2.29, Eppley settled at $10, with 1,695 units changing hands, Express Catering ended trading 12 cents higher at $8.02, exchanging 186,942 shares, FosRich Group traded 1 cent higher at $3.21, with 80,689 shares. GWest Corporation closed with a loss of 5 cents at $2.15, as 25,528 stock units were traded, Honey Bun ended with a loss of 15 cents at $4, with 39,698 units, Indies Pharma closed trading with 252,318 shares changing hands at $3.75, ISP Finance finished trading of 2,000 shares at $20, Jamaican Teas settled 35 cents higher at $5, with 232,117 shares changing hands. Jetcon Corporation ended trading 322,842 stock units, 10 cents higher at $4.10, Knutsford Express closed at $11.50, swapping 1,960 shares, Lasco Distributors ended 5 cents higher at $4, trading 327,700 shares, Lasco Financial concluded trading of 625,607 stock units 4 cents higher at $5.50. Lasco Manufacturing finished at $4, with 15,100 units, Main Event settled $1.20 higher at $6.50, with 15,000 shares changing hands, Medical Disposables ended trading 40 cents higher at $6.50, with 52,230 shares and Paramount Trading traded 100,300 shares at $3.
Prices of securities trading for the day are those at which the last trade took place.