Lasco Financial traded at a new intraday high of $2.10.
In trading on Monday the index for the juniors jumped through the 1,200 points mark resistance with ease by adding 67.28 points for a gain of 5.79 percent to settle at a record 1,229.99 points. Caribbean Producers, Lasco Distributors and Lasco Manufacturing, with the latter two hitting new record highs, contributed most to the market’s gain. A total of 4 stocks advanced, 5 declined as 9 securities traded while three new all-time highs were recorded at the close. The market ended with 2,885,431 units, valued at $6,883,707 changing hands. The junior market index is up 79 percent compared with 41 percent for the main market since the start of 2015.
At the close 4 securities ended with no bids to buy, while 5 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, Blue Power traded 10,000 shares while losing $1 to close at $12.50, Caribbean Cream traded with a loss of 32 cents to end at $3.18 with 31,000 shares changing hands, some selling has come in for this stock with offers at $3.50 to sell 115,000 units 30,000 at $3.90 then at $4 and above to sell 144,000 shares. Caribbean Producers traded just 25,000 units with a gain of 40 cents to end at $2.50. Lasco Distributors closed at a new record high of $2.80 with 268,542 units trading for a gain of 30 cents. A total of 15,064 shares were on offer at $2.80 with the next set at $4 to sell 150,000 units, buying is at $2.55 for a small quantity. Lasco Financial had 1,724,201 shares changing hands to end at $2, with a gain of 5 cents, there was only one offer for 90,435 shares at the close at $3.80, bids were for a small amount at $2 and then at $1.90.
Lasco Manufacturing traded 440,788 shares to end at $3.51 after gaining 51 cents for a new all-time high, the stock had a bid to buy 24,000 shares at $3.51 with three offers between $3.60 and $5 to sell 555,000 shares. Medical Disposables traded 29,900 shares to close with a loss of 8 cents to end at $2.37, Paramount Trading had 6,000 units changing hands at $6.01 to lose 49 cents and Derrimon Trading preference share ended with 350,000 shares changing hands to end with a loss of 3 cents at $2.20.Trading in General Accident Insurance and Jamaican Teas took place at $2.10 and $3.95 respectively for 1,000 shares each, with less than an hour of trading left, the trades were cancelled at the close.
