Juniors’ new high as 6 stocks gained
November 16, 2015 by IC Insider.com
Only 2 securities ended with no bids to buy and 10 had no stocks being offered for sale, an indication of chronic supply shortage of junior market stocks. A total of 7 stocks closed with bids higher than the last traded prices and one closed with a lower offer.
In trading, Blue Power traded 150 shares in closing at $13.10, Caribbean Cream ended with 510,900 shares changing hands at $4.50, Caribbean Flavours traded 328,048 units to end at $5, Caribbean Producers gained 45 cents in trading 10,000 units at $4.60, for a new 52 weeks’ high. Investors are continuing to respond to good first quarter results. The stock closed with an offer at $6 to sell 8,000 shares, with the bid of at $4.60 to buy 30,418 units. Investors pushed Consolidated Bakeries down by 30 cents at the close, as the company reported a loss in the third quarter and ended at $1.60 with 93,500 units changing hands. C2W Music traded at 39 cents with 50,000 units changing hands, General Accident Insurance traded 14,167 units at $1.92 for a 1 cent gain, Honey Bun with 3,000 shares changing hands, closed at $5.30, Jamaican Teas had 32,340 shares trading, to close at $4, after trading at a 52 weeks intraday high of $5. KLE Group gained 9 cents and ended with 20,000 units trading at 74 cents, Lasco Distributors closed with 221,040 shares changing hands, with a gain of 7 cents to $4.38 after trading as high as $4.43. Lasco Financial ended at 52 weeks’ closing high with a rise of 25 cents to $3.50, with a total of 98,155 shares changing hands and Lasco Manufacturing closed at $3.95 with 228,311 shares trading with a loss of 5 cents.
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Blue Power, C2W Music, Caribbean Flavours, Caribbean Producers (CPJ), Consolidated Bakeries, Daily Trading, General Accident, Honey Bun, Jamaican Stock, Jamaican Teas, Lasco, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Trading Activity
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