4 new entrants in IC Top 10

Seprod shares now trades at $32 each.

There are three changes to the TOP 10 main market list and one Junior Market stock. Increased prices during the week, pushed out Access Financial, Salada Foods, Stanley Motta and Scotia Group.
Medical Disposables returns to the TOP 10 Junior Market list with the price at $6.20, down from $7.50 the previous week, as it pushed out Access that rose to $52 during last week. Berger Paints and Seprod moved up modestly in price but that was not sufficient to prevent them from returning to the TOP, with other stocks rising in price during the week. Palace Amusement also returned to the TOP 10 main market list.
For the nine months to September, Seprod generated $15.50 billion in revenues, an increase of $3.36 billion or 28 percent over the similar period in 2017. Net profit for the period was $970 million, an increase of $387 million or 66 percent over 2017. Earnings per share came out at $2.03 with the third quarter rising to 85 cents from 38 cents in 2017. For the full year earnings could hit $3 per share. That should put the stock back in the $40 range before too long.
Berger Paints profit for the nine months to September was below expectations, with $9 million profit in the third quarter versus $54 million in 2017 and $43 million for the nine months to September, down sharply from $143 million in 2017. The company now enters the busiest period of the year when the bulk of income and profits are made. Last year company was closed for sales for several days for stock taking in December, resulting in lost sales and profit. The company should not suffer the same fate this year as the new owners would be aware of the problem and work at preventing same. That should result in better sales and profit than in the 2017 final quarter. In the final quarter of 2016 pretax profit was $233 million compared to just $67 million for the similar period in 2017, when the disruptions occurred.
The main market closed the week with the overall PE remains at 15.3, the PE of the Junior market is at 15.5.
The PE ratio for Junior Market Top 10 stocks average 9 and the main market PE is now 9.3.
The TOP 10 stocks now trade at an average discount of 42 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.

SSL Venture & Key dominate Junior Market

Two big blocks of shares traded on the Junior Market of the Jamaica Stock Exchange on Friday, as 23 securities changed hands, resulting in an exchange of 37,359,775 units valued at $87,094,646, leading to a 3 to 1 dominance of declining to advancing stocks.
Friday’s trading was well above the level of 1,692,337 units valued at $8,566,971 from 23 securities changing hands on Thursday as SSL Venture Capital traded 24 million units and Key Insurance chipped in with 12 million shares on Friday.
At the close of market activities, the prices of 5 securities advanced, 14 declined and 4 remained unchanged, resulting in the Junior Market Index falling sharply by 44.24 points to close at 3,227.39.
Trading ended with an average of 1,624,338 units for an average of $3,786,724 in contrast to 73,580 units for an average of $372,477 on Thursday. The average volume and value for the month to date amounts to units 187,380 units valued at $640,878 and previously 97,570 units valued at $444,262. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 1 cent at $1.89, with 2,570 stock units changing hands, Blue Power concluded trading of 2,773 units, at $5, Caribbean Flavours traded 1,000 stock units, rising by 51 cents to close at $20.01,  Caribbean Producers finished trading with a loss of 5 cents at $5.50, with an exchange of 900 units, Derrimon Trading ended with a loss of 5 cents at $2.95, with 235,110 shares changing hands. Elite Diagnostic finished with a loss of 20 cents at $3, trading 67,496 stock units, Eppley settled at $9.05, with 1,000 units changing hands, Everything Fresh traded 3,925 shares after gaining 10 cents and closed at $1.70, Express Catering ended trading 86,777 shares with a loss of 15 cents in closing at $7.95, FosRich Group traded 308,909 shares for 6 cents more to close at $3.90. General Accident finished trading 200 shares, with a loss of 98 cents to end at $3.02,  Honey Bun ended activities 4 cents higher at $4.15, with 14,400 units changing hands, Indies Pharma traded 181,193 shares and lost 5 cents in closing at $3, Jamaican Teas settled with a loss of 70 cents at $4, while exchanging 5,000 shares, Jetcon Corporation ended trading with a loss of 1 cent at $3.79, with 25,695 stock units changing hands. Key Insurance lost 15 cents in closing at $3.25, with an exchange of 12,070,405 units, Lasco Distributors ended with a loss of 15 cents at $3.80, with 222,000 shares changing hands, Lasco Financial concluded trading of 31,249 stock units, at $5.10, Lasco Manufacturing finished with a loss of 25 cents at $3.25, in an exchange of 23,600 units. Main Event settled with a loss of 60 cents at $5.90, with 10,900 shares changing hands, Medical Disposables ended trading, 20 cents higher at $6.20, while exchanging 26,500 shares, SSL Venture SSL Venture Capital traded 24,025,000 shares and gained 1 cent to end at $1.79 and tTech ended market activities with a drop of $1.25 cents to $5, with 13,173 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market up again on Wednesday

Trading on the Junior Market of the Jamaica Stock Exchange ended on Wednesday with 25 securities changing hands, resulting in an exchange of 611,280 units valued at $3,301,546 compared to 864,036 units valued at $3,263,089 on Tuesday from 20 securities.
At the close of market activities, the prices of 7 securities advanced, 13 declined and 5 remained unchanged as the Junior Market Index advanced by 24.50 points to close at 3,252.43.
Trading ended with an average of 24,451 units for an average of $132,062 in contrast to 43,202 units for an average of $163,154 on Tuesday. The average volume and value for the month to date amounts to 99,170 units valued at $449,048 and previously 119,515 units valued at $473,813. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 6 with lower offers.
At the close of the market, Access Financial closed $2 higher at $52, with 20,293 shares trading, Blue Power concluded trading of 1,200 units and rose 65 cents to $5.45, CAC 2000 finished with a loss of 1 cent at $16, trading 2,062 shares, Caribbean Cream ended trading 92 cents higher at $6, with 4,065 shares, Caribbean Flavours traded with a loss of 50 cents at $19.50, in exchanging 1,100 stock units. Caribbean Producers finished trading of 24,271 units and lost 4 cents at $5.51, Consolidated Bakeries closed 30 cents higher at $2.30, trading 4,331 shares, Derrimon Trading ended with a loss of 15 cents at $2.55, with 50,230 shares changing hands, Dolphin Cove concluded trading of 2,270 shares with a loss of 30 cents to close at $16. Elite Diagnostic finished 18 cents higher at $3.18, in exchanging 15,500 stock units, Everything Fresh fell 1 cent in trading a mere 2,500 shares to close at $1.77, Express Catering ended trading 2,500 shares at $7.50, FosRich Group traded 46,985 shares, with a loss of 1 cent at $3.84, Honey Bun ended at $4.11, trading 44,400 units. Indies Pharma traded 179,065 shares and fell 7 cents in closing at $2.93, Jamaican Teas settled 8 cents higher at $4.38, while trading 1,000 shares, Jetcon Corporation ended trading 500 stock units at $3.80, KLE Group finished trading of 16,639 shares at $4, Knutsford Express closed with a loss of 20 cents at $11.80, with 3,417 shares changing hands. Lasco Distributors ended trading 124,909 shares at $4, Lasco Financial concluded trading with a loss of 21 cents at $4.99, with 49,301 stock units changing hands, Lasco Manufacturing finished with a loss of 1 cent at $3.54, with 6,000 units, SSL Venture Capital traded 5.300 shares and lost 5 cents to end at $1.76 and tTech ended with a loss of 25 cents at $6.25, in exchanging 1,340 shares. In the junior market preference segment, Eppley 9.5% finished 1 cent higher at $6.01, with 2,102 shares changing hands.

Prices of securities trading for the day are those at which the last trade took place.

 

Junior Market pushes higher on Tuesday

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The Junior Market rose at the end of trading on Tuesday with Index to gaining 21.85 points to close at 3,227.93 on a day of moderate trades as 20 securities changed hands versus 21 on Monday.
At the close 10 securities rose, just 4 declined with 6 remaining unchanged. In moderate trading, just 864,036 units, valued $3,263,089 changed hands, well below the 5,717,296 units valued $15,894,662 that traded on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed with 3 stocks ending with bids higher than their last selling prices, while 5 closed with lower offers, an indication of a bias towards declining stocks dominating on Wednesday.
Trading ended with an average of 43,202 units for an average of $163,154 in contrast to 272,252 units for an average of $756,889 on Monday. The average volume and value for the month to date amounts to 119,515 units valued at $473,813 and previously 109,127 units valued at $494,523. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, Access Financial closed 50 cents higher at $50, with 500 shares changing hands, AMG Packaging ended with a loss of 5 cents at $1.75, with an exchange of 42,863 stock units, Blue Power concluded trading of 34,430 units at $4.80, Caribbean Cream ended trading 6 cents higher at $5.08, with 7,000 shares changing hands, Caribbean Producers finished trading 13,500 units with a loss of 10 cents to $5.55. Derrimon Trading ended with a loss of 30 cents at $2.70, exchanging 9,000 shares, Elite Diagnostic closed at $3, with 103,120 stock units changing hands, Eppley climbed $1.05 to $9.05, exchanging 750 units, Everything Fresh fell 2 cents in trading a mere 100 shares to close at $1.78, Express Catering ended trading of 24,913 shares at $7.50. FosRich Group traded 223,700 shares and rose 35 cents to $3.85, Honey Bun ended 31 cents higher at $4.11, with 17,973 units changing hands, Indies Pharma ended trading of 6,410 shares to close at $3, Jetcon Corporation ended trading 7,851 stock units at $3.80, KLE Group finished trading 500 shares 59 cents higher at $4. Knutsford Express closed at $12, with 1,000 shares changing hands, Lasco Distributors ended 5 cents higher at $4, $2, in exchanging 48,328 shares, Lasco Financial concluded trading 20 cents higher at $5.20, swapping 600 stock units, Lasco Manufacturing finished 15 cents higher at $3.55, with $2, with an exchange of 296,410 units and Medical Disposables ended trading with a loss of $1.50 to close at $6, with 25,088 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Access & Iron Rock back into IC Top 10

Thee are no change to the TOP 10 main market list. The Junior Market has two changes with Iron Rock Insurance and Access Financial returning to the TOP 10, while Stationery and Office Supplies (SOS) and Dolphin Cove moved out.
IC Insider.com lowered the earnings per share for the two that moved out, based on the most recent release of interim results. In addition, SOS moved up in price following the release of nine months results.
Last week’s big new the entry, Scotia Group moved from $50 to close at $55.95 and now awaits the full year results which be out soon, for more direction. Based on IC Insider.com forecast Scotia is set to earn around $4.60 for the 2018 year to October with the PE at just 11 times earnings.
Earnings for General Accident have been adjusted down to 40 cents per share with the latest results now out, but it still holds on to the TOP 10.
The main market closed the week with the overall PE remains at 15.3, the PE of the Junior market is at 15.6 from the prior week.
The PE ratio for Junior Market Top 10 stocks average 9.4 and the main market PE is now 9.7.
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 37 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 jumps 34 points – Friday

The Junior Market Index advanced by 34.58 points to close at 3,208.39 at the close on Friday as 23 securities traded versus 28 on Thursday with 6 stocks rising, 10 declining and 7 remaining unchanged.
At the close, investors exchanged 956,921 units valued at $3,959,209 compared to 1,426,982 units valued at $5,935,222 on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed Friday with 3 stocks ending with bids higher than their last selling prices, while 3 closed with lower offers.
Trading ended with an average of 41,605 units for an average of $172,139 in contrast to 50,964 units for an average of $211,972 on Thursday. The average volume and value for the month to date amounts to 101,813 units valued at $501,965 and previously 101,813 units valued at $501,965. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, AMG Packaging gained 5 cents to end at $1.80, trading 15,810 stock units, Blue Power concluded trading 19,170 units at $4.80, CAC2000 finished trading at $16, while exchanging 20,200 shares, Caribbean Cream ended trading of 19,950 shares, with a loss of 98 cents at $5.02, Caribbean Producers finished trading with a loss of 25 cents at $5.75, in exchanging 18,630 units. Derrimon Trading ended with a loss of 10 cents at $2.60, with 96,381 shares changing hands. Everything Fresh rose 20 cents in trading 73,762 shares to close at $1.80, Express Catering ended trading 117,837 shares, with a loss of 6 cents at $7.49, FosRich Group lost 2 cents to end at $3.84, with 43,049 shares changing hand, General Accident finished trading 1,000 shares at $4. Honey Bun ended 2 cents higher at $4, with 8,781 units changing hands, Indies Pharma fell 5 cents and ended trading 20,039 shares to close at $3, Jamaican Teas settled 48 cents higher at $4.38, trading 14,000 shares, Jetcon Corporation traded 78,210 stock units, but fell 20 cents to $3.80, Key Insurance traded 200 units with a loss of 9 cents at $3.16. Knutsford Express closed at $12, with 13,000 shares changing hands, Lasco Distributors lost 20 cents to close at $3.80, in an exchange of 60,406 shares, Lasco Financial concluded trading of 60,000 stock units at 4 cents higher at $5.05, Lasco Manufacturing gained 24 cents to $3.44, with 11,568 units changing hands. Medical Disposables ended trading at $7.50, with 2,123 shares SSL Venture Capital traded 4,599 shares and lost 1 cent to end at $1.75 and Stationery and Office traded 16,206 shares at $9.98. In the junior market preference segment, Derrimon Trading ended with a loss of 36 cents at $2.15, with 242,000 shares changing hands.

Prices of securities trading for the day are those at which the last trade took place.

9 Junior Market stocks rose 6 fell – Thursday

Investors brushed aside the less than spectacular results of a number of Junior Market companies and drove the majority of stocks higher at the close of trading on Thursday with 9 stocks rising, 6 declining and 13 remaining unchanged as 28 securities traded versus 25 on Wednesday.
At the close, the market Index lost 12.58 points to close at 3,173.81, with an exchange of 1,426,982 shares valued at $5,935,222, compared to 3,017,657 units valued at $9,935,529 on  Wednesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed Thursday with 3 stocks ending with bids higher than their last selling prices, while 2 closed with lower offers.
Trading ended with an average of 50,964 units for an average of $211,972 in contrast to 120,706 units for an average of $397,421 on Thursday. The average volume and value for the month to date amounts to 101,813 units valued at $501,965 and previously 108,057 units valued at $537,578. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, Access Financial closed at $49.50, with 5,027 shares changing hands, Blue Power concluded trading with a loss of 69 cents to close at $4.80, with 6,230 units, CAC2000 closed at $16, trading 6,000 shares, Caribbean Cream ended trading of 21,255 shares at $6, Caribbean Producers finished trading 49 cents higher at $6, with 28,021 units changing hands. Consolidated Bakeries closed trading of 13,636 shares at $2, Derrimon Trading ended at $2.70, in exchanging 102,629 shares, Dolphin Cove rose $1.50 higher to $16.30, swapping 2,200 shares, Elite Diagnostic finished with a loss of 10 cents at $3.20, with 50,984 stock units trading. Everything Fresh lost 15 cents in trading 140,457 shares to close at of all-time low of $1.60, Express Catering ended trading at $7.55, with 112,354 shares, FosRich Group traded 46 cents higher at $3.86, with 26,616 shares, GWest Corporation closed at $1.90, with 2,550 stock units trading, Honey Bun ended 47 cents higher at $3.98, exchanging 10,900 units. Indies Pharma ended trading 20,357 shares to close at $3.05, Jamaican Teas settled at $3.90, with 21,126 shares, Jetcon Corporation ended trading 312,323 stock units, with a loss of 50 cents at $4, KLE Group finished trading of 104,000 shares, with a loss of 59 cents at $3.41, Knutsford Express closed at $12, exchanging 3,933 shares. Lasco Distributors ended at $4, swapping 104,153 shares, Lasco Financial concluded trading of 124,755 stock units to close 16 cents higher at $5.01, Lasco Manufacturing finished 2 cents higher at $3.20, with 173,000 units having been exchanged, Medical Disposables ended trading 592 shares, with a loss of 15 cents at $7.50, SSL Venture Capital traded 1,900 shares at $1.76 and Stationery and Office finished trading 301 stock units and rose 48 cents higher to $9.98. In the junior market preference segment, CAC2000 9.5% closed 16 cents higher at $1.16, with a mere 110 shares changing hands, Eppley 8.25% concluded trading of 100 units in gaining 29 cents to close at a 52 weeks’ high of at $6.35 and Eppley 9.5% finished at $6, with 31,473 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

More decline for Junior Market – Wednesday

Stocks mostly gained at the close of trading on the Junior Market on Wednesday with the market Index declining 32.11 points to close at 3,186.39 as 25 securities changed hands versus 20 on Tuesday.
At the close on Wednesday just, with 9 stocks rising, 10 declining and 6 remaining unchanged with an exchange of 3,017,657 units valued at $9,935,529, compared to 1,254,634 units valued at $4,719,006 on Tuesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed Wednesday with 5 stocks ending with bids higher than their last selling prices, while 4 closed with lower offers. The market closed before a series of results were posted. The picture that was painted is that the results are mixed with some likely to encourage selling and fewer that will result in prices moving up. With 2018 almost ended, investors should start planning for the winners in 2019 as such some poor results now could point to big winners next year.
Trading ended with an average of 120,706 units for an average of $397,421 in contrast to 50,185 units for an average of $188,760 on Tuesday. The average volume and value for the month to date amounts to 108,057 units valued at $537,578 and previously 106,499 units valued at $554,839. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, AMG Packaging ended with a loss of 10 cents at $1.75, with 44,342 stock units changing hands, CAC 2000 closed at $16, in exchanging 2,562 shares, Caribbean Cream ended trading 14,500 shares to close at $6, Caribbean Flavours traded just 100 stock units $2 higher at $20, Derrimon Trading ended at $2.70, with 33,664 shares changing hands. Elite Diagnostic finished with a loss of 10 cents at $3.30, while 3,685 stock units changed hands, Everything Fresh lost 15 cents in trading 183,881 shares to close at of $1.75, Express Catering ended trading with a loss of 44 cents at $7.55, with 16,043 shares, FosRich Group traded 36,429 shares and rose 20 cents to $3.40, General Accident finished trading 1,051,170 share, 25 cents higher at $4. GWest Corporation closed 10 cents higher at $1.90, with 32,750 stock units changing hands, Honey Bun ended with a loss of 48 cents at $3.51, trading 70,766 units, Indies Pharma ended trading of 56,697 shares and lost 5 cents to close at $3.05, Iron Rock concluded trading of 20,000 shares, with a loss of 49 cents at $4.50, Jamaican Teas settled at $3.90, with 261,000 shares changing hands. Jetcon Corporation ended trading with 33,200 stock units and jumped 65 cents to $4.50, KLE Group finished trading 88,888 shares, with a rise of 10 cents to $4, Knutsford Express closed at $12, with 200 shares trading, Lasco Distributors ended 10 cents higher at $4, with 101,180 shares changing hands. Lasco Financial concluded trading of 17,648 stock units with a loss of 34 cents at $4.85, Lasco Manufacturing finished 1 cent higher at $3.18, in exchanging 331,709 units, Main Event settled at $5.55, with 13,287 shares changing hands, Medical Disposables ended trading with a loss of 45 cents at $7.65, with an exchange of 500 shares, SSL Venture Capital traded 581,561 shares with a loss of 5 cents at $1.76 and tTech ended 50 cents higher at $6.50, with 21,895 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market pulled back on Tuesday

Stocks mostly gained at the close of trading on the Junior Market on Tuesday with the market Index declining 14.45 points to close at 3,218.50 as 25 securities changed hands versus 20 on Monday.
At the close on Tuesday just, with 6 stocks rising, 10 declining and 9 remaining unchanged with an exchange of 1,254,634 units valued at $4,719,006 compared to 1,232,739 units valued at $4,669,444 on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed Tuesday with 4 stocks ending with bids higher than their last selling prices, while 2 closed with lower offers.
Trading ended with an average of 50,185 units for an average of $188,760 in contrast to 53,597 units for an average of $203,019 on Monday. The average volume and value for the month to date amounts to 106,499 units valued at $554,839 and previously 114,409 units valued at $518,311. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, Blue Power concluded trading with a loss of 1 cent at $5.49, with 916 units, Cargo Handlers settled at $13, in trading 7,708 shares, Caribbean Cream ended trading at $6, with 115,002 shares, Caribbean Producers finished trading of 40,261 units, with a loss of 49 cents at $5.51, Consolidated Bakeries closed at $2, with an exchange of 43,693 shares. Derrimon Trading ended at $2.70, with the swapping of 40,500 shares, Dolphin Cove concluded trading with a loss of 8 cents at $14.80, with 2,756 shares changing hands, Elite Diagnostic finished 21 cents higher at $3.40, with an exchange of 2,606 stock units, Everything Fresh lost 10 cents, in closing trading with 75,706 shares to close at of $1.90, Express Catering ended trading of 5,850 shares with a loss of 1 cent at $7.99. FosRich Group traded 95,406 shares, with a loss of 55 cents to end at $3.20, General Accident finished trading 178,900 shares, to close 15 cents higher at $3.75, GWest Corporation closed with a loss of 20 cents at $1.80, with 33,757 stock units trading, Honey Bun ended at $3.99, with 2,900 units passing through the market. Indies Pharma ended trading of 52,586 shares and gained 10 cents to close at $3.10, Jetcon Corporation ended trading with a loss of 7 cents at $3.85, with 70,501 stock units after trading as high as $4.50, Key Insurance traded 300,000 units at $3.25, Lasco Distributors ended with a loss of 10 cents at $3.90, with 4,000 shares being exchanged, Lasco Financial concluded trading 19 cents higher at $5.19, with 4,611 stock units. Lasco Manufacturing finished at $3.17, trading 115,688 units, Main Event settled with a loss of 5 cents at $5.55, with an exchange of 10,200 shares, Medical Disposables ended trading 14,200 shares and close 10 cents higher at $8.10, SSL Venture Capital traded 17,050 shares at $1.81, Stationery and Office finished trading of 19,737 stock units and moved 30 cents higher to $9.50 and tTech ended activity at $6, in exchanging just 100 shares.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market gained on Monday

The Junior Market followed up gain on Friday with another increase on Monday with the market Index advancing 17.44 points to close at 3,232.95.
At the close on Monday just 23 securities changed hands versus 20 on Friday, with 5 stocks rising, 10 declining and 8 remaining unchanged leading the Junior Market Index to gain 14.49 points to close at 3,215.12
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading turned positive at the close of Monday with 5 stocks ending with bids higher than their last selling prices, while one closed with a lower offer.
The day’s activity ended with an exchange of 1,232,739 units valued at $4,669,444 compared to 1,378,210 units valued at $4,765,299 on Friday.
Trading ended with an average of 53,597 units for an average of $203,019 in contrast to 68,911 units for an average of $238,265 on Friday. The average volume and value for the month to date amounts to 114,409 units valued at $518,311 and previously 123,432 units valued at $565,096. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, Access Financial lost 50 cents to close at $49.50, in trading 175 shares, Cargo Handlers settled at $13, in exchanging 200 shares, Caribbean Cream ended trading 70 cents higher at $6, with 9,000 shares, Caribbean Producers traded 2,000 units at $6, Consolidated Bakeries closed at $2 in swapping 150 shares. Derrimon Trading ended with a loss of 8 cents at $2.70, as 50,945 shares changed hands, Elite Diagnostic finished with a loss of 21 cents at $3.19, with an exchange of 17,459 stock units, Everything Fresh closed trading with 27,394 shares to close at $2, Express Catering ended trading at $8, with 10,000 shares, FosRich Group traded 28,212 shares with an increase of 55 cents to $3.75. General Accident finished trading 2,400 shares and rose 10 cents to close at $3.60, GWest Corporation closed 10 cents higher at $2, with 1,913 stock units changing hands, Honey Bun ended with a loss of 1 cent at $3.99, while exchanging 7,530 units, Jamaican Teas settled with a loss of 5 cents at $3.90, with 13,115 shares trading. Indies Pharma ended trading 130,739 shares and declined 10 cents to close at $3, Jetcon Corporation ended trading 17 cents higher at $3.92, with 246,091 stock units, Knutsford Express closed at $12, in trading 1,200 shares, Lasco Distributors ended with a loss of 5 cents at $4, with 189,595 shares changing hands, Lasco Financial concluded trading with a loss of 25 cents at $5, with 160,971 stock units. Lasco Manufacturing lost 1 cent to close at $3.17, with 312,100 units, Medical Disposables ended trading 10,000 shares with a loss of 30 cents at $8, SSL Venture Capital traded 10,000 shares at $1.81 and Stationery and Office finished trading 1,550 stock units at $9.20.
Prices of securities trading for the day are those at which the last trade took place.