Major shake up in Junior Market Top 10

The Junior market tumbled 5 percent during the past week and shook up the TOP 10 stock list resulting in Caribbean Cream that fell out of the list last week coming back in along with tTech, Jamaica Teas and Lasco Manufacturing with a fall in price to $3, also returned to the TOP list.
Medical Disposables moved up in price from $6.50 to $7.20 at the end of the week to exit the TOP 10. Honey Bun inched up in price and was eased out and so was Dolphn Cove that moved into the list last week and Lasco Distributors this past week. In the main market Barita Investments hit a new high during the week and moved on to be replaced by JMMB Group that closed the week at $32 after opening at $35.01.
Iron Rock moved back into the TOP 10, last week reported a small profit of $1 million in the third quarter, up from a loss of $14 million in the 29017 third quarter and a loss of $7.6 million for the nine months versus a loss of $60 million in 2017. Caribbean Cream fell at the end of the week to $5 is now showing potential gains of 160 percent and follows Paramount with 173 percent, that reported lower first quarter profits of $7 million compared to $34 million in 2017, from increased revenues but with a foreign exchange loss eating up $18 million of the 2018 income. In the main market Caribbean Cement with potential gains of 120 percent leads the main market stocks in attractiveness, followed by Wisynco with likely gains of 114 percent.
The main market closed the week with the overall PE slipping to 16 from 16.3 from the previous week, the PE of the Junior market moved up to 16.4 from 15.8 at the close of the prior week.
The PE ratio for Junior Market Top 10 stocks average 9.2 and the main market PE is now 9.8.
The TOP 10 stocks now trade at an average discount of 44 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be of 20 times earnings. The main market stocks trade at a discount of 39 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.

Junior Market down 5% in 4 days

 

The Junior Market Index declined again on Friday, dropping 41.51 and bringing the losses since Tuesday to 171.12 points or 5 percent as the market closed the week at 3,241.74. IC bid-offer Indicator suggest that the market could bounce big on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading jumped sharply to 13 stocks ending with bids higher than their last selling prices, while 4 closed with lower offers.
The market closed with 26 securities changing hands as 9 advanced, 9 declined and 8 remained unchanged, compared to Thursday with the trading of 29 securities. Investors swapped 1,069,876 units valued at $5,375,641, compared to 1,535,498 units valued at $7,110,385 on Thursday.
Trading ended with an average of 41,149 units for an average of $206,755 in contrast to 66,761 units for an average of $309,147 on Thursday. The average volume and value for the month to date amounts to 83,015 units valued at $339,541 and 76,083 units valued at $349,211, previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, Access Financial closed at $45.50, after exchanging 126 shares, Blue Power concluded trading 30 cents higher at $6.30, with 3,000 units, CAC 2000 finished at $18, with 5,278 shares trading, Caribbean Cream dropped $1.95 and ended trading 12,577 shares to close at $4.80, Caribbean Flavours traded with a loss of 1.50 cents at $17, with 10,000 stock units. Caribbean Producers finished trading 13,101 units with a loss of 14 cents at $6.75, Derrimon Trading ended 2 cents higher at $2.82, after exchanging 99,114 shares, Elite Diagnostic finished 10 cents higher at $3.50, with 21,229 stock units changing hands, Everything Fresh gained 10 cents in trading 7,903 shares to close at $2, Express Catering ended trading with a loss of 30 cents at $8, in exchanging 324,956 shares. FosRich Group traded 10,694 shares and rose 20 cents higher to $3.90, General Accident finished trading 1,400 shares at $3.95, GWest Corporation closed at $1.80, with an exchange of 26,475 stock units, Honey Bun ended at $4, with 19,254 units changing hands. Indies Pharma rose 30 cents to end at $3 with 86,875 shares changing hands. Jamaican Teas settled with a loss of 20 cents at $4, with 21,360 shares trading, Jetcon Corporation ended trading 131,851 stock units with a loss of 5 cents to end at $3.45, Knutsford Express closed 50 cents higher at $12, with 3,428 shares changing hands, Lasco Distributors ended 6 cents higher at $4.06, after exchanging 20,209 shares. Lasco Financial concluded trading 14,722 stock units to close at $5.30, Lasco Manufacturing finished with a loss of 30 cents to close at a 52 weeks’ low of $3, trading 226,840 units, Medical Disposables ended trading 1,000 shares with a loss of 29 cents at $7.20, Paramount Trading closed market activity with 1,084 shares trading to end 5 cents higher at $2.20. SSL Venture Capital traded 2,000 shares at $2, Stationery and Office finished trading 500 stock units with a loss of 40 cents to close at $9.50 and tTech ended at $5, with 4,800 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market drops again on Wednesday

The Junior Market Index dropped 40.27 points to close at 3,346.27 in trading on Wednesday with 28 securities changing hands, resulting in an exchange of 2,186,515 units valued at $8,022,205, compared to 2,166,309 units valued at $10,544,793 on Tuesday from 29 securities that traded.
At the close of market activities, the prices of 7 securities advanced, 11 declined and 10 remained unchanged.
Trading ended with an average of 78,090 units for an average of $286,507 in contrast to 74,700 units for an average of $363,614 on Tuesday. The average volume and value for the month to date amounts to 76,725 units valued at $351,970 and 76,601 for an average of $357,960 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
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, while 4 closed with lower offers.
At the close of trading, Access Financial closed with a loss of 60 cents at $45.50, trading 200 shares, AMG Packaging fell 5 cents to end at $1.90, with 181,500 stock units changing hands, Blue Power concluded trading at $6.50, with 2,500 units, CAC2000 finished at $20, with 1,700 shares traded, Cargo Handlers settled with a loss of 5 cents at $13.45, with 1,320 shares changing hands Caribbean Cream ended trading at $6.75, with 20,000 shares, Caribbean Producers finished trading 19 cents higher at $6.89, with 126 units, Derrimon Trading ended with a loss of 20 cents at $2.80, exchanging 100,659 shares, Elite Diagnostic finished with a loss of 10 cents at $3.40, with 18,495 stock units changing hands. Eppley settled at $9, trading 489 units, Everything Fresh traded 153,000 shares to close at $1.90, Express Catering ended trading 9 cents higher at $8.50, exchanging 57,736 shares, FosRich Group traded 7,954 shares with a loss of 27 cents at $3.33, General Accident finished trading of 26,850 shares at $3.70. GWest Corporation closed 10 cents higher at $1.90, with 43,253 stock units being exchanged, Indies Pharma ended with 283,523 shares changing hands at $3. Iron Rock concluded trading of 2,000 shares and rose 10 cents to $4.50, Jamaican Teas dropped 58 cents to $3.80, with 84,000 shares changing hands, Jetcon Corporation ended trading of 276,043 stock units with a loss of 40 cents at $3.50. Knutsford Express closed with a loss of 50 cents at $11.50, with 14,400 shares trading, Lasco Distributors ended at $4.10, with 242,367 shares changing hands, Lasco Financial concluded trading 282,547 stock units with a loss of 12 cents at $5.35, Lasco Manufacturing finished with a loss of 3 cents at $3.72, in exchanging 35,767 units. Main Event settled 10 cents higher at $6.05, with 68,659 shares changing hands, Medical Disposables ended trading 99 cents higher at $7.49, with 300 shares, SSL Venture Capital traded 268,584 shares at $2, Stationery and Office finished trading 12,043 stock units after rising 38 cents higher to end at a record closing high at $9.98 and tTech ended at $5, with 500 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market drops on Tuesday

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Trading on the Junior Market closed with an exchange of 29 securities, compared to 26 on Friday , ending with 5 securities rising 14 declining, while 10 remained unchanged, leading to the market index declining 26.32 points to close at 3,386.54.
Market activities, resulted in an exchange of 2,166,309 units valued at $10,544,793, compared to 1,506,696 units valued at $5,686,695 on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 3 stocks ending with bids higher than their last selling prices, while 2 closed with lower offers.
Trading closed with an average of 74,700 units for an average of $363,614 in contrast to 57,950 units for an average of $218,719 on Friday. Trading for the month to date averages 76,601 for an average of $357,960 compared to averages of 76,799 for an average of $357,368 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, AMG Packaging ended at $1.95, trading 13,884 stock units, Blue Power concluded trading of 43,000 units, ending 50 cents higher at $6.50, CAC2000 finished trading 562 shares with a rise of 75 cents to end at a 52 weeks’ closing high of $20, Cargo Handlers lost 15 cents to settle at $13.50, with 2,000 shares changing hands. Caribbean Cream fell 93 cents and ended trading 36,206 shares at $6.75, Caribbean Producers lost 30 cents in closing trading at $6.70, with 6,951 units, Derrimon Trading ended $3 trading 134,178 shares, Elite Diagnostic traded 47,045 stock units at $3.50, Eppley closed with a loss of $1 at $9, with 1,750 units changing hands, Everything Fresh traded 157,312 shares and fell 10 cents to close at $1.90, Express Catering fell just 1 cent and ended trading with 30,921 shares at $8.41, FosRich Group lost 40 cents in trading 15,689 shares to close at $3.60, General Accident declined by 30 cents and finished trading 120,380 shares at $3.70, GWest Corporation closed with 23,782 stock units changing hands at $1.80, Honey Bun rose 5 cents and ended at $4, in exchanging 30,915 units, Indies Pharma shed 35 cents and ended with 558,055 shares changing hands, to close at $3. Iron Rock concluded trading of 1,500 shares after declining 10 cents at $4.40, ISP Finance finished trading of 61,459 shares at $20, Jamaican Teas shed 1 cent to close at $4.38, with 10,600 shares changing hands. Jetcon Corporation lost 2 cents and ended trading 165,963 stock units at $3.90, Knutsford Express closed at $12 while exchanging 5,795 shares, Lasco Distributors ended at $4.10, in trading 52,046 shares, Lasco Financial rose 2 cents in concluding trading of 100,287 stock units to close at $5.47, Lasco Manufacturing finished at $3.75, with 2,880 units changing hands, Main Event settled with a loss of 29 cents at $5.95, with 20,000 shares trading,Medical Disposables ended trading at $6.50, with 482,684 shares, Paramount Tradingclosed with the trading of 10,000 shares at $2.75, Stationery and Office rose 10 cents and finished trading of 15,215 stock units at a record closing high of $9.60 and tTech shed 45 cents in trading 15,250 shares at $5.
Prices of securities trading for the day are those at which the last trade took place.

Barita could spike higher this week

Barita last traded on the JSE as high as $20 on Friday.

The main market of the stock exchange ended the week at another record close with a number of individual stocks hitting new highs but this coming week could well be more challenging, investors have to bear in mind that the supplies for several stocks are very limited and could result in big price movements as happened last week.
Technical chart shows NCB Financial heading to $155 but it traded at new high of $134 during the past week which is not very far from the target of potential resistance. Whether it goes higher during the coming days is anyone’s guess but it is worth watching. Caribbean Cream moved up to $7.90 from $6.16 at the end of the previous week. The company posted better profit results in the August quarter but with less gains than in the first, as administrative cost rose to negate some of the top line growth. Those results may be unlikely to move the stock forward in the short term.
The Junior Market continues to inch forward as it appears that investors are waiting on results. They got Caribbean Cream and Paramount Trading at the end of week, but no major upward price movement is expected.

Caribbean Cream sales & profit slowed in Q2.

The indicators point to continued increased interest in the main market stocks with a number of them are high on the list to watch for this week with less indications that Junior Market stocks will move upwards in droves anytime soon. Stocks of interest this week are Grace Kennedy, Barita Investments with limited supply and technical indicators pointing to a price of $22.50 initially before going on to $27.50. Berger Paints, Jamaica Producers has very little stock offered for sale and that could result in a sharp spike in price at any time, Mayberry Jamaican Equities (MJE), Mayberry Investments that will benefit from increased profit of MJE, NCB Financial, Wisynco Group that has gone back above the $10 price level, CAC2000 that is very scarce, Main Event and Stationery and Office Supplies that seem to have exhausted selling at $09.50 with $10 being the possible next level. A number of these have limited supplies for sale.
With the average PE of the market now at a comfortable 16 times 2018 earnings, stocks valued less than the market average could see increased interest as investors look for bargains.
Grace Kennedy seems ready to break out of the $60 range as there is no big supply on offer now and during the past

Caribbean Cement price is stuck in the mud for now.

week, it traded as high as $75. Caribbean Cement keeps trading between $46 and $50, but there appears no real desire to move the price forward, this one could be negatively affected by foreign exchange losses in the September quarter. Kingston Wharves has always had limited supply, so it could move higher going forward, even the valuation is rich. Supply of JMMB Group has dried up and that could create the environment for the price to continue to move higher, it is also one of the lower valued stock in the main market. Investors need to bear in mind that the price is currently at a resistance level at $37, so it may move sideways with an upward bias for a while, unless strong buying pushes over this level.
An overall view of stocks indicates that the main market continues to be steered higher by an upward sloping support line as well the 45 and 125 day moving averages, lending support just below. The Junior Market is being guided by an upward rising long-term support line and a golden cross. The golden cross is a very strong bullish long-term signal, but market needs fuel of rising profits.

Grace, Proven, Access & Iron Rock in TOP 10

Grace Kennedy HQ

Decline in the prices of three stocks during the week and gains by others resulted in changes to the IC Insider.com TOP 10 list this week.
Grace Kennedy pulled back to $59.50 and Proven Investments down to 21 US cents and Access Financial falling, with the offer at $45.50, Dolphin Cove and Iron Rock declining to $4.50 moved into the top stock list, taking the place of Sagicor Group that moved up to $42.55 and Salada Foods that moved up to $24.95 in the main market, while Caribbean Cream that fell to $6.16 to enter last weeks’ list moved up in price to $7.68 and with a slight downgrade to earnings to 65 cents per share, fell out of the top list and Caribbean Producers climbed to $7 and is also out.
The main hit new historical highs on Friday resulted in the overall PE for the main market rising to 16.3 up from 15.8 from the previous week, the PE of the Junior market remained unchanged at 15.8.
The PE ratio for Junior Market Top 10 stocks average 9.5 and the main market PE is now 9.9, marginally higher than the prior week’s level, as the market continues to see an upward revaluation of the multiple.
The TOP 10 stocks now trade at an average discount of 40 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be of 20 times earnings. The main market stocks trade at a discount of 39 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.

Junior Market make gains on Friday

Trading on the Junior Market closed with 26 securities changing hands, compared to 28 on Thursday 14 securities, ending with 10 rising 8 declining stocks, while 8 remained unchanged, leading to the market index rising 29.78 points to close at 3,412.86.
Market activities, resulted in an exchange of 1,506,696 units valued at $5,686,695, compared to 2,338,738 units valued at $20,372,922 on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 3 stocks ending with bids higher than their last selling prices, 5 closed with lower offers.
Trading closed with an average of 57,950 units for an average of $218,719 in contrast to 82,094 units for an average of $348,230 on Thursday. Trading for the month to date averages 76,799 for an average of $357,368 compared to averages of 78,752 for an average of $371,731 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, AMG Packaging ended at $1.95, with 26,115 stock units changing hands, Blue Power concluded trading of 27,738 units with a loss of 4 cents at $6, Cargo Handlers settled with a loss of 10 cents at $13.65, with 1,307 shares changing hands, Caribbean Cream ended trading of 8,690 shares with a loss of 22 cents at $7.68, Caribbean Flavours traded 27,566 stock units and rose 20 cents to $18.50. Caribbean Producers finished trading 7,363 units and rose 49 cents to $7, Derrimon Trading ended 10 cents higher at $3, with 117,113 shares changing hands, Elite Diagnostic finished 10 cents higher at $3.50, exchanging 203,518 stock units, Everything Fresh traded 141,590 shares and fell 7 cents to close at $2, Express Catering ended trading at $8.42, with 11,102 shares. FosRich Group traded with a loss of 10 cents at $4, exchanging 13,357 shares, General Accident finished trading 400 shares 2 cents higher at $4, GWest Corporation closed 5 cents higher at $1.80, with 54,970 stock units being exchanged, Honey Bun ended at $3.95, with 50,538 units trading. Indies Pharma shed 4 cents and ended with 88,392 shares changing hands, to close at $3.35. Iron Rock concluded trading with a loss of 1 cent at $4.50, with 70,907 shares, Jamaican Teas settled with a loss of 11 cents at $4.39, exchanging 10,000 shares, Jetcon Corporation ended the trading of 75,000 stock units, and gained 2 cents to $3.92, Lasco Distributors ended at $4.10, with 104,532 shares changing hands. Lasco Financial concluded trading of 12,300 stock units at $5.45, Lasco Manufacturing finished 5 cents higher at $3.75, with 49,640 units changing hands, Main Event settled 24 cents higher at $6.24, trading 2,760 shares, Medical Disposables ended trading at $6.50, with 54,775 shares. Paramount Trading rose 5 cents higher to $2.75, trading 10,000 shares and Stationery and Office finished trading at $9.50, with 42,523 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Rising Junior Market stocks dominant – Thursday

Trading on the Junior Market saw a major improvement in advance decline ratio with compared to 8 stocks advancing and 10 declining on Wednesday.
The market closed 14 securities rising just 5 declining stocks, while 9 stocks remained unchanged as 28 securities changed hands, compared to 27 securities on Wednesday, leading to the market index declining 1.27 points to close at 3,383.08.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 6 stocks ending with bids higher than their last selling prices, 5 closed with lower offers. reflecting a bias to losing stocks in trading on Friday.
Market activities, resulted in an exchange of 2,338,738 units valued at $20,372,922, compared to 2,216,539 units valued at $9,402,220 on Wednesday.
Trading closed with an average 83,526 units for an average of $727,604 in contrast to 82,094 units for an average of $348,230 on Wednesday. Trading for the month to date averages 78,752 for an average of $371,731 compared to averages of 78,153 for an average of $327,047 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, Access Financial closed 10 cents higher at $46.10, with 267,525 shares traded, AMG Packaging ended at $1.95, with an exchange of 34,000 stock units, Blue Power concluded trading of 5,115 units and rose 4 cents higher to $6.04, CAC2000 finished at $19.25, with 11,500 shares trading, Cargo Handlers settled at $13.75, with an exchange of 721 shares. Caribbean Cream ended trading 27,802 shares, 30 cents higher at $7.90, Caribbean Producers finished trading 12,199 units and rose 1 cent higher to $6.51, Derrimon Trading ended with a loss of 10 cents at $2.90, with 366,880 shares changing hands, Elite Diagnostic finished with a loss of 15 cents at $3.40, in exchanging 27,890 stock units. Everything Fresh traded 14,500 shares and gained 7 cents to close at $2.07, Express Catering ended trading of 116,508 shares with a loss of 3 cents at $8.42, FosRich Group traded 30 cents higher at $4.10, with 19,998 shares changing hands, General Accident closed 18 cents higher at $3.98, in the trading of 78,000 shares, Honey Bun ended 10 cents higher at $3.95, after 16,970 units traded. Indies Pharma added 14 cents and ended with 642,308 shares changing hands, at $3.39. Iron Rock concluded trading 90,000 shares, with a rise of 1 cent to close at $4.51, Jamaican Teas settled at $4.50, with just 150 shares trading, Jetcon Corporation ended trading with a loss of 6 cents at $3.90, with 70,869 stock units, KLE Group finished trading of 10,000 shares and rose 5 cents to close at $3.80. Knutsford Express closed at $12, with 14,878 shares changing hands, Lasco Distributors ended 10 cents higher at $4.10, exchanging 37,500 shares, Lasco Financial concluded trading of 58,107 stock units, and rose by 2 cents to $5.45, Lasco Manufacturing closed at $3.70, with 5,808 units changing hands. Medical Disposables ended trading at $6.50, with an exchange of 27,262 shares, Paramount Trading closed with a loss of 5 cents at $2.70, with 3,600 shares, Stationery and Office finished trading 11,865 stock units at $9.50 and tTech ended 5 cents higher at $5.45, with 64,106 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Falling Junior Market shares dominate again

Trading on the Junior Market saw an improved advance, decline ratio with 8 stocks advancing and 10 declining compared to Tuesday when declining stocks overwhelmed advancing ones by 25 percent, while 9 stocks remained unchanged.
The market closed with 27 securities changing hands, compared to 31 securities on Tuesday leading to the market index declining 18.84 points to close at 3,384.35.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 6 stocks ending with bids higher than their last selling prices, 1 closed with a lower offer, reflecting a more balanced out turn for gains and losses in trading on Thursday.
Market activities, resulted in an exchange of 2,216,539 units valued at $9,402,220, compared to 3,020,667 units valued at $12,499,505 on Tuesday.
Trading closed with an average of 82,094 units for an average of $348,230 in contrast to 97,441 units for an average of $403,210 on Tuesday. Trading for the month to date averages 78,153 for an average of $327,047 compared to averages of 77,610 for an average of $324,129 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, Access Financial closed at $46, trading 400 shares, AMG Packaging traded 75,910 stock units and ended at $1.95, Blue Power concluded trading of 500 units with a loss of 4 cents to close at $6, CAC2000 finished at an all-time high after moving 25 cents higher to $19.25, with 10,000 shares changing hands, Cargo Handlers settled at $13.75, in exchanging 3,180 shares. Caribbean Cream ended trading with a loss of 10 cents at $7.60, with 59,379 shares being traded, Caribbean Producers finished trading of 12,801 units and rose 50 cents to $6.50, Derrimon Trading ended at $3, in exchange 401,846 shares, Dolphin Cove concluded trading of 2,613 shares at $16. Elite Diagnostic finished 25 cents higher at $3.55, with 54,177 stock units changing hands, Everything Fresh ended trading of 94,000 shares at $2, Express Catering ended trading 5 cents higher at $8.45, with 196,402 shares, FosRich Group traded 80,690 shares after a loss of 20 cents to end at $3.80, GWest Corporation closed with a loss of 15 cents at an all-time low of $1.75, with an exchange of 13,259 stock units. Honey Bun ended with a loss of 10 cents at $3.85, with 82,309 units changing hands, Indies Pharma shed 5 cents and ended with 445,397 shares changing hands, to close at $3.25. Iron Rock concluded trading of 8,035 shares at $4.50, Jamaican Teas settled with a loss of 10 cents at $4.50, trading 65,300 shares, Jetcon Corporation ended trading with a loss of 2 cents at $3.96, with 62,500 stock units. Knutsford Express closed at $12, with an exchange of 4,025 shares, Lasco Distributors ended with a loss of 8 cents at $4, with 124,373 shares trading, Lasco Financial concluded trading 1 cent higher at $5.43, with 90,600 stock units, Lasco Manufacturing finished with a loss of 10 cents at $3.70, exchanging 86,172 units. Main Event settled 5 cents higher at $6, trading 40,499 shares, Stationery and Office finished trading 67,530 stock units and rose 20 cents to close at $9.50 and tTech ended 25 cents higher at $5.40, with 319 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

46% Junior Market ordinary prices fall

17 Junior Market stocks fell, representing 46 percent of all listed ordinary shares, with 6 rising in trading on Tuesday as 31 securities changed hands, compared to 28 securities on Tuesday.
The market index declined 21.90 points to close at 3,403.19 after hitting a record intraday high of 3,440.48 in early trading.
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, 2 closed with lower offers, reflecting a more balanced out turn for gains and losses in trading on Wednesday.
Market activities, resulted in an exchange of 3,020,667 units valued at $12,499,505, compared to 1,710,272 units valued at $8,314,488 on Monday.
Trading closed with an average of 97,441 units for an average of $403,210 in contrast to 61,081 units for an average of $296,946 on Monday. Trading for the month to date averages 77,610 for an average of $324,129 compared to averages of 73,884 for an average of $309,271 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, AMG Packaging ended at $1.95, trading 75,600 stock units, Blue Power concluded trading 19 cents higher at $6.04, with 1,435 units, CAC2000 closed 20 cents higher at $19, trading 11,673 shares, Caribbean Cream ended trading with 20,481 shares, after declining 19 cents to $7.70, Caribbean Flavours traded 8,958 stock units with a loss of 70 cents at $18.30. Caribbean Producers finished trading of 311,647 units with a loss of 20 cents at $6, Consolidated Bakeries closed with a loss of 10 cents at $2.30, with 700 shares changing hands, Derrimon Trading ended at $3, with an exchange of 105,951 shares, Dolphin Cove concluded trading with a loss of 1 cent at $16, with 7,287 shares. Elite Diagnostic finished with a loss of 15 cents at $3.30, after trading 15,110 stock units, Everything Fresh ended trading of 28,000 shares at $2, Express Catering ended trading 148,971 shares at $8.40, FosRich Group traded 233,061 shares with a loss of 1 cent at $4, after trading at a an all-time high of $4.49. General Accident finished trading 7,900 shares with a loss of 20 cents at $3.80. GWest Corporation closed with a loss of 3 cents at $1.90, exchanging 60,083 stock units, after it traded at an all-time low of $1.86, Honey Bun ended at $3.95, with 15,000 units changing hands, Indies Pharma shed 5 cents and ended with 344,287 shares changing hands, to close at $3.30. Iron Rock concluded trading of 50,000 shares with a loss of 50 cents at $4.50, Jamaican Teas settled 9 cents higher at $4.60, exchanging 8,480 shares. Jetcon Corporation ended trading 3 cents higher at $3.98, with 163,169 stock units, KLE Group finished trading of 350 shares at $3.75, Knutsford Express closed at $12, with 7,700 shares traded, Lasco Distributors ended 9 cents higher at $4.08, with 228,680 shares changing hands. Lasco Financial concluded trading of 268,679 stock units with a loss of 3 cents at $5.42, Lasco Manufacturing finished with a loss of 19 cents at $3.80, in exchanging 43,705 units, Main Event settled with a loss of 69 cents at $5.95, with an exchange of 5,000 shares, Medical Disposables ended trading 43 cents higher at $6.50, with 81,247 shares changing hands. Paramount Trading ended with a loss of 15 cents at $2.75, with 8,936 shares being exchanged, Stationery and Office finished trading 15,456 stock units with a loss of 15 cents at $9.30 and tTech ended with a loss of 45 cents at $5.15, with just 200 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.