8 junior stocks rise 1 fall – Monday

C2W falls to a new low  on the JSE on Tuesday.

C2W falls to a new low on the JSE on Tuesday.

The Junior market closed on Monday with a gain of 18.26 points in the market index, to close at 2,195.14 as the market continues in consolidation mood but the majority of stocks trading gained but C2W Music closed at a new low of 20 cents. Jetcon Corporation traded nearly 16,000 units at $3.50 but the trade was cancelled as the price change was above 15 percent, with less than an hour for trading to close and allow for the price freeze to be removed so that the stock could trade for the day.
At the end of trading only 8 stocks rose up from 7 on Friday, while only 1 declined down from 3 on Friday out of 13 securities that traded. The market closed with 1,236,624 units trading, 11 percent less than on Friday, ICI Jm sum 5-09-16as the valued traded is 31 percent more than on Friday, with $8,459,914 changing hands on Monday. Trading ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
At the close, Access Financial end trading with 1,552 units at $17.50, AMG Packaging closed with a gain of 85 cents to end at $14.55, with 17,100 units changing hands, Caribbean Cream climbed 75 cents to close with 683,250 shares changing hands at $8. Caribbean Flavours traded 22,558 units to end at $7.76 with a rise of 56 cents, Caribbean Producers had just 170 units changing hands, to close at $3, Consolidated Bakeries traded 2,800 shares and gained 15 cents to close at $2.35.ICI jm trade 5-09-16 C2W Music traded 100,000 units and was down 4 cents to a new low of 20 cents, General Accident traded 18,500 units at $2.09 after rising 4 cents, Jamaican Teas ended with 1,495 shares trading with a gain of 43 cents to end at $3.63. Lasco Distributors ended with 370,871 shares changing hands at up to $6.70, after trading earlier in the day at $6.50, Lasco Financial ended with 7,000 shares changing hands at $3.53, for a rise of 3 cents. Lasco Manufacturing rose 44 cents and closed at $4.85 with 9,800 shares trading and Medical Disposables traded 1,528 shares. At $3.55.

7 junior stocks rise – Friday

ISP Finance traded at a new high of $6 on Friday

ISP Finance traded at a new high of $6 on Friday


The Junior market closed on Friday with a fall of just 4.13 points in the market index, to close at 2,176.88 as the market continues in consolidation mood but as Cargo Handlers jumped $5.99 to a new high of $82, with 915 shares changing hands, to record gains of 116 percent for the year to date. ISP Finance jumped 78 cents and gained 200 percent since listing in March, to close at a new high of $6 while trading 22,082 shares.
At the end of trading only 7 stock rose up from 1 on Thursday and 3 declined down from 8 on Thursday out of 15 securities that traded on Friday.ICI Jm sum 2-09-16r The market closed with 1,387,475 units trading, 76 percent less than on Thursday, valued 60 percent less than on Thursday with $6,454,746 changing hands on Friday. Trading ended with 8 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
At the close, AMG Packaging closed with a gain of 14 cents at $13.70 with 1,750 units changing hands, Blue Power closed with 1,789 units changing hands at $20, Caribbean Cream closed with 92,693 shares changing hands and rose 24 cents to $7.25, after trading as high as $7.95. Caribbean Producers had 187,080 units changing hands, to close with a rise of 3 cents, at $3, Consolidated Bakeries traded 16,455 shares to close at $2.20. ICI Jm sum 2-09-16rDolphin Cove traded 2,105 units at $15 after falling 20 cents, Honey Bun closed with 26,817 shares changing hands at $5.30, Knutsford Express traded 33,650 shares to close at $25, Lasco Distributors fell 20 cents to end with 24,854 shares changing hands at $6.70, Lasco Financial ended with 552,729 shares changing hands at $3.50, after rising 15 cents. Lasco Manufacturing lost 16 cents and closed at $4.41 with 409,706 shares trading, Medical Disposables traded 12,130 shares with the price gaining 35 cents to close at $3.55 and Sweet River had 2,000 shares trading to end at $3.85.

3 new highs for juniors – Thursday

Blue Power hit a new high of $19.50 on Thursday.

Blue Power hit a new high of $19.50 on Thursday.

The junior market closed with 3 new all-time highs on Thursday but the market index rose moderately, with 15 securities changing hands. Trading ended with 3,881,493 units, valued at $11,818,736 changing hands as 6 stocks rose while 6 declined, with the market index rising 9.33 points, to close at 2,239.79.
The 3 stocks trading at new highs on Thursday are Blue Power, Jetcon Corporation and Paramount Trading while C2W Music traded at a 52 weeks’ low. At the end of trading 5 stocks closed with bids higher than their last selling prices and 1 ended with a lower offer.
JM sum 18-8-16At the close, AMG Packaging closed at $13.12 with 13,263 units changing hands, Blue Power jumped $2.40 and ended at a new all-time high of $19.50 with 7,000 units changing hands, Caribbean Cream rose 35 cents with 32,000 shares changing hands, to close at $7, Consolidated Bakeries lost 5 cents in trading 14,400 units to end at $2.45. C2W Music traded 10,000 shares and lost 4 cents to end at a 52 weeks’ low of 24 cents, Dolphin Cove traded 201,553 shares at $15.50, General Accident lost 1 cent in trading 426,436 units at $2.19, Honey Bun had 40,550 shares changing hands, to close at $5.60. JM Trdng Sht 18-8-16Jamaican Teas traded 4,269 units and gained 5 cents to close at $3.85, Jetcon Corporation traded 44,951 shares and gained 10 cents to close at $3.10, following the company’s six months’ results, Lasco Distributors ended with 1,419,722 shares changing hands and gained 1 cent to land at $7.01. Lasco Financial fell 8 cents while trading 21,000 units to close at $3.32, Lasco Manufacturing closed at $4.81 with 1,596,831 shares trading, after falling 16 cents, Paramount Trading jumped $2.40 to end with 13,650 shares changing hands at $14.50 and Derrimon Trading preference share lost 2 cents ended with 35,868 units changing hands to close at $2.08.

Juniors suffer small fall – Wednesday

The junior market declined moderately on Wednesday with just 9 securities changing hands as trading ended with 1,960,611 units, valued at $11,818,736 changing hands. At the close 3 stocks roseJM sum 17-8-16 while 3 declined with one closing at new highs. The market index fell 7.61 points to close at 2,230.46.
At the end of trading 7 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the close, Caribbean Cream had 418,620 shares changing hands, but fell 5 cents to close at $7, Consolidated Bakeries traded 81,150 units to end at $2.50, C2W Music traded 11,000 shares and lost 2 cent to end at 28 cents, Honey Bun had 38,815 shares changing hands with a gain of 1 cent, to close at $5.60. JM Trdng Sht 17-8-16Jamaican Teas traded 3,286 units to close at $3.80, Jetcon Corporation traded 326,248 shares and gained 30 cents to close at $3, following the company’s six months’ results, showing strong gains in profit over the 2015 period. Lasco Distributors ended with 1,054,718 shares changing hands at $7, Lasco Financial gained 10 cents while trading 13,000 units to close at $3.40 and Lasco Manufacturing closed at $4.97 with 13,774 shares trading, after falling 3 cents.

Juniors end with 3 new highs – Thursday

Blue Power hit a new high of $16.50 on Thursday.

Blue Power hit a new high of $16.50 on Thursday.

The junior market rose slightly on Thursday with 19 active securities of which 9 stocks rose and 5 declined. Three stocks closed at a 52 weeks’ high and one traded at an intraday low. The market index gained 12.34 points to close at 2,196.84, as a total of 910,288 units traded, valued at $3,268,885.
A total of 2 stocks closed with bids higher than their last selling prices and 3 ended with a lower offer.
At the close, Access Financial traded just 163 shares at $17.50, Blue Power Group ended with 5,000 shares changing hands with a gain of 40 cents to close at a 52 weeks’ high of $16.50, CAC 2000 had 2,589 units changing hands to close with a loss of 10 cents at $6.40.JM sum 4-8-16 Caribbean Cream closed 10 cents lower with 38,177 shares changing hands at $6.90, Caribbean Producers traded 16,000 units with at $3.25, Consolidated Bakeries gained 5 cents in trading 4,104 shares to close at a 52 weeks’ high of $2.25. C2W Music closed with a gain of 1 cent as 33,000 units changed hands to close at 30 cents, the stock traded at an intraday low of 25 cents. Dolphin Cove rose by 35 cents while 2,000 units were traded, to close at $14, Honey Bun had 47,118 shares changing hands, to close with a gain of 10 cents, at $5.55. Iron rock Insurance gained 42 cents while trading 1,000 shares to close at $3.60, ISP Finance jumped 65 cents to a new high of $5.15 with only 1,000 shares changing hands. Key Insurance traded 2,000 units at $2.60, JM Trdng Sht 4-8-16rKLE Group ended at $1.35 with 100,000 shares changing hands, after rising by 5 cents, Knutsford Express closed with 30,000 units changing hands at $19.52, after rising by 52 cents. Lasco Distributors ended with 37,152 shares changing hands at $7, Lasco Financial ended with 32,985 shares changing hands at $3.35, for a rise of 5 cents, Lasco Manufacturing lost 5 cents and closed at $5 with 88,000 shares trading. Medical Disposables traded with a loss of 35 cents to close at $3.15 with 20,000 shares changing hands and Derrimon Trading preference share, traded 449,000 units at $2.07.

Juniors big 3 gainers on Friday

Cargo Handlers traded at a new high of $56.

Cargo Handlers traded at a new high of $56.

The junior market ended July, with a rise on the last day of the month, to close the month slightly lower by 7.31 points than at the close of June. Three stocks jumped sharply with Blue Power surging $2.40, Cargo Handlers trading at a record high with a gain of $7 and Knutsford Express climbing $4. The market closed with 14 securities being active, down from 19 on Thursday.
The index closed 42.49 points higher at 2,200.86 as an equal number of 6 stocks advanced and declined and with 1 closing at a new high. A total of 2,718,436 units traded, valued at $8,665,436.
A total of 7 stocks closed with bids higher than their last selling prices and 3 ended with a lower offer.
At the close, Access Financial Services had 8,200 units changing hands while losing 35 cents to close at $17.10, JM - Sum 29-7-16Blue Power jumping $2.40, and closed with 13,375 units changing hands at $16.10, Cargo Handlers traded 1,875 shares to end a an all-time high of $56. Caribbean Cream rose 14 cents with 251,464 shares changing hands to close at $6.95, Consolidated Bakeries lost 5 cents in trading 50,484 units at $2.10, C2W Music rose 1 cent to end at 29 cents with 573 shares changing hands, Dolphin Cove ended at $13.65 with 5,000 shares trading to gain 74 cents. General Accident traded 1,794,758 units at $2.05,JM Trdng Sht 29-7-16 Honey Bun had 17,500 shares changing hands, to close at with a loss of 5 cents at $5.45, Key Insurance traded 253,785 units to close at $2.50. Knutsford Express closed with 316 units changing hands to end at $19 with a rise of $4, Lasco Distributors ended with 161,341 shares changing hands, to end 10 cents lower at $7.30. Lasco Financial gained 9 cents and ended with 11,000 shares changing hands to close at $3.49, Lasco Manufacturing lost 3 cents and closed at $4.97 with 134,067 shares trading and Medical Disposables traded 19,698 shares and fell 5 cents to close at $3.50.

LascoD & Carib Producers hit juniors – Wednesday

CPJ personThe junior market closed trading sharply down on Wednesday with the market index falling 56.88 points, to close at 2,133.57. A 90 cents falls in the price of the Caribbean Producers inflicted much damage to the market index which fell by 2.6 percent, Lasco Distributors also chipped in with a 40 cents fall. Both stocks were the subject of new information that is negative for their stock prices.
A total of 11 active securities with only 777,300 shares valued at $4,030,252, changing hands. At the close, 4 stocks advanced and 5 declined
At the end of trading 7 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
JM - Sum 6-7-16At the end of trading, AMG Packaging fell 71 cents in trading 5,854 shares at $12.41, CAC 2000 lost 6 cents with 22,385 shares changing hands, to end at $6.56, Caribbean Cream traded 5,260 shares and gained 5 cents to end at $5.10. Investors continued to react negatively to the release by Caribbean Producers on Monday, about a write down of inventory and other charges, by marking the stock down again by 90 cents, in trading 264,600 shares to close at $3. At the close the only meaningful bid visible is at $1.50 to buy 999,000 units, offers include 30,000 at $3.80 and at $4 a total of 135,000 units. Consolidated Bakeries gained 15 cents in trading 2,800 shares to close at $2.15, the stock was offered at $2.10 at the close. JM Trde Sht 6-7-16C2W Music traded 5,589 shares to end at 28 cents, Honey Bun rose 1 cent to close at $5.51, with 21,460 units changing hands, Iron Rock Insurance traded 5,000 shares and fell 5 cents to close at $3.25. Lasco Distributors dropped 40 cents while trading 342,459 units to end at $7, as investors responded negatively to news that Pfizer is countering Lasco’s huge claim of more than US$300 million, with their estimate of less than US$1 million. Pfizer had previously challenged Lasco over their right to sell tablets for hypertension and lost, resulting in the need to quantify damages by the courts. Lasco Financial ended with 64,000 shares changing hands at $3.42, after gaining 22 cents and Lasco Manufacturing closed at $5 with 37,893 shares trading.

Juniors hit by 8 losers – Monday

The junior market closed trading on Monday with the market index falling by 8.94 points, to close at 2,206.70, disguising the wide gap in the decline, advance ratio. A total of 14 active securities compared to 13 on Friday traded but with only 626,581 shares valued at $2,868,043, changing hands on Monday.JM - Sum 4-7-16r At the close, 3 stocks advanced and 8 declined while two traded at new closing highs.
At the end of trading 7 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Caribbean Cream fell 45 cents with 16,400 shares changing hands, to end at $5.45, Caribbean Producers, gained 38 cents in trading 1,970 shares at $4.68, Consolidated Bakeries had 50,000 units changing hands, to close at $2, C2W Music traded 10,000 and lost 1 cent to close at 28 cents. Derrimon Trading Company had 32,000 shares trading with a loss of 25 cents to end at $2.95, Dolphin Cove traded 6,083 shares, to end with a fall of 10 cents at $11.65, JM Trde Sht 4-7-16General Accident Insurance closed at $2.05 with 16,427 units trading. Honey Bun fell 45 cents to close at $5.60 with 51,022 units changing hands, Iron Rock Insurance traded 9.838 shares and rose 5 cents to close at $3.35, Jetcon Corporation traded only 900 units at $2.95, Knutsford Express fell 70 cents in trading a mere 460 shares to end at $16.80. Lasco Distributors fell 12 cents in trading 11,893 units to end at $7.38, Lasco Financial slipped 25 cents and ended with 25,341 shares changing hands at $3.20 and Lasco Manufacturing closed at $5.01 with 394,247 shares trading after rising by a cent.

Juniors end June up – Thursday

Blue Power hit a new high of $15 on Thursday.

Blue Power hit a new high of $15 on Thursday.

The junior market closed trading on Thursday with the market index up by 17.83 points, to close out June at 2,208.16 up 3.4 percent from 2,135.76 points at the end of May. A total of 16 active securities compared to 11 on Wednesday traded but with only 383,501 shares valued at $1,786,848, changing hands on Thursday. At the close, 8 stocks advanced and 3 declined while one closed at a new high.
At the end of trading 9 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers. The market has been trading at the upper end a channel, ranging from 1,900 points to 2,300 points at the top, which is constraining movement in either direction as investors await new sets of company results or some other market moving activity.
JM sum 30-6-16 With the market trading closer to the top than the bottom suggest it is waiting for a break out which the June quarter results could fuel. At the end of trading, Access Financial traded 8,055 shares at $17.40, Blue Power closed at a new high of $15 with 8,000 units trading to gain $1.30, CAC 2000 traded 600 shares but declined 40 cents to end at $6.55, Caribbean Cream gained 14 cents with 9,057 shares changing hands, to close at $5. The out of favour, Caribbean Flavours, lost 44 cents in landing 25,000 shares for buyers at $6.56, Caribbean Producers gained 24 cents with just 5,000 units changing hands, to close at $4.30, C2W Music traded 96,545 shares, to end with a rise of 1 cent at 29 cents, General Accident Insurance closed at $2.05 with 6,045 units trading. Honey Bun gained 10 cents to close at $5.60 with 9,066 units changing hands. JM Trdng Sht-30-6-16Jamaican Teas had only 130 shares changing hands with a gain of 40 cents to end at $3.80, Jetcon Corporation gained 30 cents in trading a mere 100 shares to end at $2.95, Lasco Distributors traded 85,577 units to end at $7.50, Lasco Financial ended with 33,527 shares changing hands at $3.45, for a fall of 4 cents. Lasco Manufacturing closed at $5 with 70,325 shares trading, Medical Disposables traded 26,362 shares to close with a gain of 10 cents, at $3.40 and tTech traded 112 units at $4.

Blue Power at new high

Blue Power traded at a new 52 weeks’ high of $15 with 8,000 units, to gain $1.30 cents, in early Thursday morning on the Jamaica Stock Exchange. Activity picked up on the last trading day for June, with three stocks trading over 100,000 units and two over 90,000 shares. The majors suffered losses but the juniors recorded gains in the session.
ICI intra JSE 30-06-16After 75 minutes of trading in the early morning session, on Thursday, Caribbean Cement traded 94,370 units at $23.85, Jamaica Broilers Group 159,141 shares at $14.25, Kingston Wharves 500,000 at $14, Sagicor Real Estate X Fund with 765,293 shares at $10.12 and from the junior markets, C2W Music traded 96,545 units at 29 cents.
Trading resulted in activity in 27 securities, accounting for a volume of 1,925,070 shares compared to as 9 stocks gained and 9 declined. The average number of shares traded amounts to 71,299 units compared to an average of 52,897 units on Wednesday.
The all Jamaica Composite Index fell 621.95 points to 177,369.22, the Jamaica Stock Exchange Market Index dipped 556.11 points to 159,641.43 the Jamaica Stock Exchange combined index declined 419.13 to close at 170,649.04 points andthe junior market index rose 9.34 points to 2,199.67.