Juniors slip again on Thursday

January 21, 2016 by

Honey Bun closed at a 52 weeks' high of $7.65.

Honey Bun closed at a 52 weeks’ high of $7.65.

The junior market closed on Thursday with 16 securities trading, 6 of which advanced, 6 declined with the market index falling by 6.44 points to end at 2,239.88. A total of 2 stocks closed at a new 52 weeks’ highs.
The volume of 1,498,422 units changed hands, valued at $9,013,294 with indicators showing potential for a resumption of upward price movements with the supply of stocks being reduced as indicated by the increased number of stocks without offers. At the close, 1 security ended with no bid to buy and 8 securities had no stocks being offered for sale. A total of 6 stocks closed with bids higher than their last traded prices while none closed with a lower offer.
In trading, Blue Power ended at $11 with 6,433 shares trading, C2W Music ended at 49 cents while 48,850 units changed hands, Cargo Handlers closed with a loss of 1 cent at $11 with 2,280 units changing hands, Caribbean Cream ended with 35,000 shares changing hands with a loss of 5 cents to close at $4.75. Caribbean Flavours traded 352,178 units to close with a rise of 10 cents to end at $9, Consolidated Bakeries closed at $1.40 with 69,807 units trading, Derrimon Trading closed at $4.10 after losing 5 cents with 50,000 shares trading, Dolphin Cove traded 20,000 shares with a gain of 8 cents to close at $15.68. General Accident lost 20 cents while trading 2,100 shares to close at $2.10, ICI -JM 21-01-16Honey Bun rose 24 cents in closing at a 52 weeks’ high of $7.65 as 32,000 shares changed hands, KLE Group ended at new 52 weeks’ high of $2.20 with 34,000 shares changing hands with a gain of 10 cents. Lasco Distributors closed with 150,700 units trading and ended with a loss of 13 cents at $7.87, Lasco Financial closed at $4.15 with 278,988 shares changing hands after gaining 15 cents. Lasco Manufacturing lost 1 cent in trading 358,622 shares to close at $4.99, Paramount Trading gained 2 cents to close at $10.55 with 29,500 shares trading and tTech closed at $4.70 with 27,964 units changing hands.

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Juniors retreat slightly on Wednesday

January 20, 2016 by

AMG Packaging closed at a new high of $12 on Wednesday.

AMG Packaging closed at a new high of $12 on Wednesday.

The junior market closed on Wednesday with 16 securities trading, 5 of which advanced, 5 declined with the market index falling by 2.75 points to end at 2,246.32. A total of 2 stocks closed at a new 52 weeks’ highs.
The volume of 1,738,498 units changed hands, valued at $9,189,436 with indicators showing potential for a resumption of upward price movements with the supply of stocks being reduced as indicated by the increased number of stocks without offers. At the close, 1 security ended with no bid to buy and 8 securities had no stocks being offered for sale. A total of 6 stocks closed with bids higher than their last traded prices while 1 closed with a lower offer.
In trading, Access Financial Services closed with a gain of 40 cents at $17, with 2,136 units changing hands, AMG Packaging price rose 60 cents to a new high of $12 with 27,421 shares changing hands, Blue Power lost $2 to end at $11 with only 600 shares trading, C2W Music ended at 49 cents while 10,000 units changed hands. Caribbean Cream ended with 82,361 shares changing hands with a loss of 14 cents to close at $4.80, Caribbean Producers had 721,902 units changing hands and gained 15 cents to close at $5.65, ICI -JM 20-01-16Consolidated Bakeries closed at $1.40 with 6,300 units trading, General Accident rose 11 cents while trading 28,821 shares to close at $2.30. Honey Bun lost 19 cents in closing at $7.41 as 63,979 shares changed hands, KLE Group ended at new 52 weeks’ high of $2.10 with 52,926 shares changing hands with a gain of 10 cents. Lasco Distributors closed with 117,645 units trading and ended unchanged at $8, Lasco Financial closed at $4 with 184,400 shares changing hands. Lasco Manufacturing traded 300,316 shares and closed at $5, Medical Disposables had 870 shares changing hands to close at $3.55, Paramount Trading lost 2 cents to close at $10.53, with 9,000 shares trading and tTech closed with a loss of 20 cents at $4.70 with 129,821 units changing hands.

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Juniors rise slightly on Tuesday

January 19, 2016 by

JM Sign A high percentage of the stocks listed on the junior market were active on Tuesday with 18 trading, 6 of which advanced, 4 declined, the market index was up a miniscule 6.24 points to end at 2,249.07. A total of 6 stocks closed at a new 52 weeks’ highs.
The volume of 1,840,258 units changed hands, valued at $6,617,973 with indicators showing potential for a resumption of upward price movements with the supply of stocks being reduced as indicated by the increased number of stocks without offers. At the close, 1 security ended with no bid to buy and 9 securities had no stocks being offered for sale. A total of 4 stocks closed with bids higher than their last traded prices while 2 closed with lower offers.
In trading, AMG Packaging price rose 20 cents to a new high of $11.40 with 32,190 shares changing hands, C2W Music ended at 49 cents while 27,516 units changed hands, Caribbean Cream ended with 4,000 shares changing hands at $4.94, Caribbean Flavours traded 11,353 units to close with a loss of 10 cents to end at $8.90. Caribbean Producers had 13,361 units changing hands but rose 20 cents to close at $5.50 Consolidated Bakeries closed at $1.40 with 273,000 units trading. Derrimon Trading closed at $4.15 with 33,167 shares traded, Dolphin Cove traded at $15.60 as 1,000 shares changed hands, General Accident fell 24 cents while trading 573,067 shares to close at $2.19.ICI -JM 19-01-16 Honey Bun closed at $7.60 as 104,424 shares changed hands, Jamaican Teas lost 5 cents with 400 shares trading to close at a $5.20, KLE Group ended at $2 with 127,714 shares changing hands. Lasco Distributors closed with 105,295 units trading and ended unchanged at $8, Lasco Financial lost 20 cents to close at $4 with 196,579 shares changing hands. Lasco Manufacturing traded 245,720 shares and gained 5 cents to close at $5, Medical Disposables had 30,574 shares changing hands with a rise of 55 cents to close at $3.55, Paramount Trading ended at a 52 weeks’ high by rising 5 cent to close at $10.55, but only 135 shares traded and tTech closed with a gain of 10 cents at $4.90 with 60,583 units changing hands.

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Juniors fall as 11 stocks rose 6 fell

January 18, 2016 by

Honey Bun closed at a new 52 weeks' high on Monday

Honey Bun closed at a new 52 weeks’ high on Monday

A high percentage of the stocks listed on the junior market were active on Monday with 19 trading, 11 of which advanced, 6 declined but the market index was down a moderate 23.51 points to end at 2,242.83. A total of 6 stocks closed at a new 52 weeks’ highs.
The volume of 1,767,220 units changed hands, valued at $8,897,090 with indicators showing potential for a resumption of upward price movements with the supply of stocks being reduced as indicated by the increased number of stocks without offers. At the close, 1 security ended with no bid to buy and 9 securities had no stocks being offered for sale. A total of 3 stocks closed with bids higher than their last traded prices while 2 closed with lower offers.
In trading, Access Financial traded 10,000 shares and gained 10 cent6s to end at $16.60, AMG Packaging price rose 15 cents to a new high of $11.20 with only 1,434 shares changing hands, CAC 2000 gained 3 cents to end at a 52 weeks’ high of $6.53 with 10,300 shares changing hands. C2W Music ended at 49 cents while 25,000 units changed hands, Caribbean Cream ended with a loss of 1 cent as 76,999 shares changed hands at $4.94, Caribbean Producers had 110,247 units changing hands but rose 10 cents to close at $5.30, Consolidated Bakeries gained 4 cents to $1.40 with 31,096 units trading. Derrimon Trading closed at a 52 weeks’ high of $4.15 after rising 10 cents with 1,000 shares, Dolphin Cove traded with a gain of 5 ICI -JM 18-01-16cents to end at $15.60 as 9,148 shares, General Accident rose 24 cents while trading 245,379 shares to close at 52 weeks’ high of $2.43. Honey Bun rose 42 cents to a new 52 weeks’ high of $7.60 as 85,000 shares changed hands, Jamaican Teas rose 25 cents with 8,848 shares trading to close at a $5.25, KLE Group ended at $2 with 23,500 shares changing hands, Lasco Distributors closed with 366,363 units trading and ended with a loss of 9 cents at $8. Lasco Financial lost 50 cents to close at $4.20 with 176,544 shares changing hands, Lasco Manufacturing traded 353,515 shares but fell by 5 cents to close at $4.95, Medical Disposables had 211,500 shares changing hands at $3 after dropping 30 cents and tTech closed with a loss of 15 cents at $4.80 with 20,388 units changing hands.

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Juniors eased further on Friday

January 15, 2016 by
Paramount's products the company's stock close at an all-time high of $10.50 on Friday.

Paramount’s products the company’s stock close at an all-time high of $10.50 on Friday.

The junior market ended the week on a mixed note as investors continued profit taking, in continuation of Thursday declines. At the close, the junior market was down a moderate 14.42 points to end at 2,266.34 with 13 securities trading, 6 of which advanced, 5 declined with 3 closing at new 52 weeks’ highs.
The volume of 2,572,307 units changed hands, valued at $13,732,252 with indicators showing potential for a resumption of upward price movements, with the supply of stocks being reduced as indicated by the increased number of stocks without offers. At the close, 1 security ended with no bid and 11 securities had no stocks being offered for sale. A total of 7 stocks closed with bids higher than their last traded prices while 2 closed with lower offers.
In trading, AMG Packaging price rose $2 to a new high of $11.05 with only 3,000 shares changing hands in response to profits rising 87 percent in the November quarter to $29 million, C2W Music ended at 49 cents while 7,000 units changed hands, Caribbean Cream ended with a loss of 15 cents as 464,151 shares changed hands at $4.95. Caribbean Producers had 10,392 units changing hands but slipped 27 cents to close at $5.20, ICI -JM 15-01-16Consolidated Bakeries saw trading in 9,753 units but fell 4 cents to $1.36, General Accident rose by 13 cents with trading in 10,000 shares to close at $2.19. Honey Bun rose to a new 52 weeks’ high of $7.18 and gained of 18 cents as 11,000 shares changed hands, Lasco Distributors closed with 366,072 units trading and ended with a rise of 9 cents at $8.09, Lasco Financial lost 5 cents to close at $4.70 with 334,168 shares changing hands. Lasco Manufacturing traded 1,028,935 shares and gained 26 cents to close at $5, Medical Disposables had 170,000 shares changing hands at $3.30, Paramount Trading closed with a gain of 40 cents to a 52 weeks’ high of $10.50 while 57,575 units traded and tTech closed with a loss of 6 cents at $4.95 with 100,261 units changing hands.

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Juniors fell sharply on Thursday

January 14, 2016 by

Lasco companies gave back ground in Thursday's trading

Lasco companies gave back ground in Thursday’s trading

Investors cut several prices in the junior market and laid the foundation for a sharp decline in the market index. At the close, the junior market was down 74.51 points to end at 2,280.76. The market closed with 17 securities trading, 4 of which advanced, 8 declined with 2 closing at new 52 weeks’ highs. A volume of 2,815,123 units changed hands, valued at $15,357,167.
At the close, 1 security ended with no bid to buy and 7 securities had no stocks being offered for sale. A total of 7 stocks closed with bids higher than their last traded prices while 2 closed with lower offers.
In trading, Access Financial traded 711 units to end at $16.50 while C2W Music ended at 49 cents while 4,200 units changed hands. Cargo Handlers traded at a new 52 weeks’ high of $38.50 by gaining 90 cents with 541 shares trading, Caribbean Cream ended with a gain of 10 cents as 90,259 shares changed hands to end at $5.10. Caribbean Producers had 23,964 units changing hands, but slipped 3 cents to close at $5.47, Consolidated Bakeries had trading in 331,039 shares at $1.40, Derrimon Trading ended at $4.05 with a loss of 2 cents while 23,975 units traded. Dolphin Cove traded 20,092 shares after losing 5 cents to end at $15.55, ICI -JM 14-01-16General Accident rose by 6 cents as it traded 135,534 shares to close at $2.06, Jamaican Teas had 26,320 shares trading to close with a loss of 60 cents at $5. KLE ended at $2 with 146,721 shares changing hands after rising by 10 cents to a new 52 weeks’ high, Lasco Distributors closed with 953,127 units trading and ended with a loss of 50 cents at $8, Lasco Financial lost 25 cents to close at $4.75 with 136,826 shares changing hands. Lasco Manufacturing traded 609,897 shares but fell 26 cents to close at $4.74, Medical Disposables gained 19 cents and ended with 6,322 shares changing hands at $3.30, tTech closed with a loss of 48 cents at $5.01 with 280,595 units changing hands and Eppley cumulative preference share 2019, ended with 25,000 units changing hands at $6.10.

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7 juniors closed at 52 weeks’ high

January 13, 2016 by

CAC 2000 traded at new high of $6.50 to gain 234% since listing last week.

CAC 2000 traded at new high of $6.50 to gain 234% since listing last week.

Investors pumped the junior up once more but more moderately than for the previously as attempts were made to move some prices higher but they failed to hold at the end of trading. At the close the junior market was down by 1.93 points to end at 2,355.27, having traded higher during the day. The market closed with 19 securities trading, 12 of which advanced, 4 declined with 7 closing at a new 52 weeks’ highs. A volume of 4,042,552 units changed hands, valued at $20,240,373.
At the close, 1 security ended with no bids to buy and 9 securities had no stocks being offered for sale. A total of 6 stocks closed with bids higher than their last traded prices while 1 closed with a lower offer.
In trading, Access Financial traded 9,000 units with a gain of 50 cents to end at $16.50 while newly listed CAC 2000 traded 5,000 shares at a new 52 weeks’ high of $6.50 to gain 8 cents, C2W Music ended 2 cents higher to close at 49 cents while 336,500 units changed hands. Caribbean Cream ended with 122,000 shares changing hands to end at $5. Caribbean Flavours traded 58,200 units to close at $9, Caribbean Producers had 73,400 units changing hands, but slipped 5 cents to close at $5.50, Consolidated Bakeries rose 20 cents while trading 393,375 shares at $1.40, Derrimon Trading ended at $4.07 with a gain of 2 cents while 25,000 units traded at a 52 weeks’ high. General Accident traded 78,900 shares to close at $2, Honey Bun with 13,652 shares changing hands, closed with a gain of 20 cents at a 52 weeks’ high of $7, Jamaican Teas had 5,820 shares trading to close at a 52 weeks’ high of $5.60 to record an increase of 10 cents.ICI -JM 13-01-16r KLE ended at $1.90 with 71,470 shares changing hands after rising by 7 cents to a new 52 weeks’ high, Lasco Distributors closed with 398,319 units trading and ended with a loss of 50 cents at $8.50, Lasco Financial gained 1 cent to close at $5 with 378,257 shares changing hands. Lasco Manufacturing traded 1,932,125 shares but fell 48 cents to close at $5, Medical Disposables gained 19 cents and ended with 54,500 shares changing hands at $3.30, Paramount Trading closed with 1,000 units changing hands at 52 weeks’ high of $10.10 and tTech closed at a new 52 weeks’ high of $5.49 with 385,034 units changing hands to gain 19 cents. The stock traded as high as $6 during the trading day.

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tTech gains 114% in 1 week

January 12, 2016 by

tTech gained 114% since it was listed last week

tTech gained 114% since it was listed last week

Investors pumped up the prices of the heavily weighted Lasco Manufacturing by 48 cents while CAC 2000 climbed 74 cents to a new high and tTech jumped $1.20 to new highs and helped to push the junior market up by 4.32 percent increase or 97.62 points to land at 2,357.20.
The market closed with 16 securities trading 7 of which advanced, 6 declined with 3 closing at a new 52 weeks’ highs. A volume of 5,129,787 units changed hands, valued at $30,252,961.
At the close, 1 security ended with no bids to buy and 8 securities had no stocks being offered for sale. A total of 6 stocks closed with bids higher than their last traded prices while 2 closed with lower offers.
In trading, newly listed CAC 2000 traded 10,000 shares at a new 52 weeks’ high of $6.42 to gain 74 cents for the day and an increase of 32 percent since listing last week. C2W Music ended 3 cents down to close at 47 cents while 29,900 units changed hands, Caribbean Cream ended with 377,064 shares changing hands as the price rose 45 cents to end at $5. Caribbean Flavours traded 22,000 units to close with a rise of 12 cents at $9, Caribbean Producers had 29,814 units changing hands, but slipped 5 cents to close at $5.55, Derrimon Trading ended at $4.05, with 32,370 units trading, General Accident traded 111,376 shares to close with a loss of 5 cents, to end at $2. Jamaican Teas lost 7 cents with 43,000 shares changing hands, to close at $5.35, KLE Group rose 33 cents to $1.83 with 14,941 shares changing hands. ICI -JM 12-01-16Lasco Distributors closed with 1,420,762 shares changing hands for a to end at $9, Lasco Financial fell 16 cents to close at $4.99 with 412,599 shares changing hands, Lasco Manufacturing traded 2,287,065 shares and rose 48 cents to close at a 52 weeks’ high of $5.08. Medical Disposables ended with 128,000 shares changing hands to close at $3.30, Sweet River closed with 64,500 units changing hands at $3.92 after rising 1 cent, tTech closed at a new 52 weeks’ high of $5.35 with 22,396 units changing hands to gain $1.20. The stock has gained 114 percent since it was listed last week following a successful IPO and Derrimon Trading preference share ended with 124,000 units changing hands to end at $2.10.

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Hot day for juniors – up 8.2%

January 11, 2016 by

ICI -JM Ind 11-01-16 Investors pumped up the prices of Lasco Distributors and Lasco Manufacturing to new highs and pushed the junior market up by 8.19 percent increase or 167.21 points to land at 2,259.58 well over resistance level around 2,200 points.
The market closed with 16 securities trading 9 of which advanced, 6 declined with 6 closing at a new 52 weeks’ highs. A volume of 2,024,430 units changed hands, valued at $9,319,672.
At the close, 1 security ended with no bids to buy and 10 securities had no stocks being offered for sale. A total of 7 stocks closed with bids higher than their last traded prices while 1 closed with a lower offer.
In trading, newly listed CAC 2000 shares, did not trade but closed with the bid at $5.80 to buy 4.900 units, on Friday the stock traded at $5.68. C2W Music ended 1 cent down to close at 50 cents while 185,344 units changed hands, Cargo Handlers traded 125 units to close 15 cents higher at $37.65, Caribbean Cream ended with 126,619 shares changing hands as the price declined 13 cents to end at $4.55. Caribbean Flavours traded 14,252 units to close with a loss of 12 cents at $8.88, Caribbean Producers had 44,000 units changing hands, gained 10 cents to close at $5.60, Consolidated Bakeries fell 20 cents and ended at $1.20, with 222,198 units trading, General Accident traded 32,334 shares to close with a gain of 5 cents, to end at $2.05. Honey Bun gained 10 cents with 12,241 shares changing hands, to close at a 52 weeks’ high of $6.80, Jamaican Teas had 4,300 shares trading, to close with a loss of 8 cents at $5.42, ICI -JM 11-01-16KLE Group ended with a fall of 35 cents to $1.50, with 97,024 shares changing hands. Knutsford Express traded only 3,000 shares to close at a new 52 weeks’ high of $12.30 after rising $1.65, Lasco Distributors closed with 400,262 shares changing hands for a gain of $1.60, to end at a 52 weeks’ high of $9, Lasco Financial rose 15 cents to close at a 52 weeks’ high of $5.15 with 445,308 shares changing hands. Lasco Manufacturing traded 318,785 shares and rose 45 cents to close at a 52 weeks’ high of $4.60, Medical Disposables ended with 47,644 shares changing hands to close at $3.30, and tTech closed at a new 52 weeks’ high of $4.15 with 70,994 units changing hands to gain 55 cents.

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Junior market jumps 8.7% to new high

January 8, 2016 by

Junior market stocks is racing into resistance at 2,200 points, raising questions about the rally's pace

Junior market stocks is racing into resistance at 2,200 points, raising questions about the rally’s pace


Investors pushed the junior market to one of the highest moves in a day, with an 8.72 percent increase or 167.78 points to land at 2,092.37 or just over 100 points from the next resistance level around 2,200 points. The move was helped in no uncertain manner by big moves in the prices of the three Lasco companies and to a big move up in the price of Caribbean Cream following release of financial results showing earnings of 33 cents or $124 million for the nine months to November compared with just 8 cents in 2014.
The market closed with 18 securities trading 10 of which advanced, 3 declined with 8 closing at a new 52 weeks’ high. A volume of 10,672,995 units changed hands, valued at $46,214,999, with big volumes from Caribbean Cream 1,647,902 shares with a value of $7,340,719 and Lasco Manufacturing with 7,260,133 units valued at $29,899,891.
At the close, 2 securities ended with no bids to buy and 9 securities had no stocks being offered for sale. A total of 5 stocks closed with bids higher than their last traded prices while 1 closed with a lower offer.
In trading, newly listed CAC 2000 shares, rose 25 cents to end at $5.68 compared to its IPO price of $4.85 with 15,000 shares trading and tTech that issue shares tin its IPO at $2.50 traded at a new high of $3.60 with a gain of 56 cents from Thursday’s close, with 69,981 shares changing hands. Elsewhere, AMG Packing gained $1.69 to close at a 52 weeks’ closing high of $9.05 with 200 shares trading, C2W Music ended with a rise of 6 cents to close at 51 cents while 20,500 units changed hands, Caribbean Cream ended with 1,647,902 shares changing hands as the price rose 50 cents to end at $4.68. Caribbean Flavours traded 7,000 units to close with a gain of 12 cents at $9, Caribbean Producers traded 104,165 units and gained 2 cents to close at $5.50, Consolidated Bakeries fell 10 cents and ended at $1.40, with 159,245 units changing hands, Derrimon Trading Company had 503,000 units trading, to close at $4.05. Dolphin Cove ended at $15.60 with 4,846 shares trading, General Accident traded 89,100 shares to close with a loss of 10 cents, to end at $2, Honey Bun gained 20 cents with ICI -JM 08-01-1616,683 shares changing hands to close at a 52 weeks’ high of $6.70, Jamaican Teas had 27,000 shares trading, to close at $5.50, KLE Group ended with a fall of 2 cents to $1.85, with 15,000 shares changing hands. Lasco Distributors closed with 525,060 shares changing hands for a gain of 89 cents, to end at a 52 weeks’ high of $7.40, Lasco Financial rose 89 cents to close at a 52 weeks’ high of $5 with 153,000 shares changing hands. Lasco Manufacturing rose 30 cents to close at a 52 weeks’ high of $4.15, Medical Disposables ended with 4,000 shares changing hands to close with a loss of 25 cents at $3.30 and Paramount Trading closed at a new 52 weeks’ high of $10 with 66,180 units changing hands to gain $1.

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