Caribbean Flavours

Big fall for Junior Market – Tuesday

January 9, 2018 by IC Insider.com

At the close of market activities the Junior Market Index dropped 49.56 points to close at 2,777.49 as the prices of 6 securities advanced, 7 declined and 11 remained unchanged.
At the close of trading, 24 securities changed hands compared to 23 on Monday, resulting in an exchange of 1,666,398 units valued at $6,383,021 compared to 2,275,981 units valued at $9,193,941 on Monday.
Trading ended with an average of 69,433 units for an average of $265,959 in contrast to 98,956 units for an average of $399,737 on Monday. Trading month to date amounts to an average of 123,374 shares valued at $507,918 and previously, an average of 134,730 units valued at $558,856. December closed with average of 568,732 units valued at $3,447,957 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than the last selling prices and 4 with lower offers.
At the close of the market, Access Financial closed at $43, with 4,600 shares traded, AMG Packaging ended at $2.92, with 20,779 stock units changing hands, Cargo Handlers settled with a loss of 90 cents at $10, in exchanging 803 shares, Caribbean Flavours gained 5 cents to end at $11.05, with 4,600 units, Caribbean Producers finished trading at $4.28, with 178,383 shares. Consolidated Bakeries rose 4 cents to $2, with 100,000 shares trading, C2W Music ended at 51 cents, with 6,779 stock units, Derrimon Trading closed at $7, with 9,500 units traded, Express Catering ended trading at $4.50, with 24,765 stock units. FosRich Group traded 2 cents higher at $2.52, with 122,543 units, General Accident finished trading with a loss of 5 cents at $2.95, with 21,277 shares, GWest Corporation closed with a loss of 23 cents at $2.87, with 461,864 shares, Honey Bun ended at $4.15, with 1,160 stock units. Jamaican Teas settled with a loss of 35 cents at $4.50, with 106,755 shares, Jetcon Corporation traded with a loss of 24 cents at $4.50, exchanging 157,418 stock units, KLE Group rose 15 cents to $2.30, with 7,905 shares, Knutsford Express closed 10 cents higher at $14.90, with 527 shares. Lasco Distributors ended 15 cents higher at $3.70, with 177,800 stock units, Lasco Financial concluded trading with a loss of 1 cent at $5.38, with 152,002 units, Lasco Manufacturing finished at $3.65, with 79,533 shares, Main Event settled at $6, with 24,393 shares. Stationery and Office finished trading at $4.80, with 1,400 shares, tTech ended with a loss of 10 cents at $6.50, with 1,478 stock units and In the Junior Market preference segment, Eppley concluded trading at $7.20, with 134 units changing hands.

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

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Emerging markets, Eppley, Express Catering, FosRich, GWest, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Stationery and Office, Trading Activity, tTech

Junior Market climbs over 2800 points- Friday

January 5, 2018 by IC Insider.com

FosRich price pressured by profit taking, falls to $2.60..

Trading on the Junior Market of the Jamaica Stock Exchange ended on Friday with 20 securities changing hands, resulting market index advancing for the fourth straight day, by 39.93 points to close at 2,813.02, even as investors took some profit on recently listed shares.
At the close of trading, 20 securities changed hands compared to 26 on Thursday. The prices of 3 securities advanced, 7 declined and 9 remained unchanged. Trading activities resulted in an exchange of 3,743,313 units valued at $16,211,640 compared to 4,211,446 units valued at $18,316,095 on Thursday.
Trading ended with an average of 187,166 units for an average of $810,582 in contrast to 161,979 units for an average of $704,465 on Thursday. Trading month to date amounts to an average of 143,772 units valued at $599,073 and previously 131,548 units valued at $494,185. December closed with average of 568,732 units valued at $3,447,957 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than the last selling prices and 1 with a lower offer.
At the close of the market, CAC 2000 settled 80 cents higher at $7.30, with 864,573 shares after the company posted results for 2017 with earnings per share of 78 cents. Caribbean Cream traded with a loss of 99 cents at $6, with 2,600 units, Caribbean Producers closed with a loss of 22 cents at $4.28, with 235,155 shares, C2W Music finished at 51 cents, with 37,522 shares, Express Catering ended trading 20 cents higher at $4.40, with 97,740 stock units. FosRich Group traded with a loss of 40 cents at $2.60, with 77,356 units traded as investors continue to take profit from the run up after the initial public offering of shares at $2 each. General Accident finished trading at $2.95, with 33,000 shares, GWest Corporation closed at $3, with 1,810,292 shares, ISP Finance finished at $12.50, with 126 shares. Jetcon Corporation ended trading with a loss of 35 cents at $4.65, with 113,000 stock units, Key Insurance traded with a loss of 35 cents at $3.10, with 59,986 units, KLE Group finished trading at $2.15, with 9,300 shares, Knutsford Express closed at $14.80, with 7,659 shares. Lasco Distributors ended at $3.80, with 63,491 stock units, Lasco Financial concluded trading with a loss of 30 cents at $5.30, with 70,113 units, Lasco Manufacturing finished at $4.17, with 203,205 shares, Main Event settled at $5.80, with 20,463 shares. Paramount Trading traded 15 cents higher at $3.15, with 11,000 units and Stationery and Office finished trading with a loss of 20 cents at $4.80, with 24,232 shares.

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

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: C2W Music, CAC2000, Caribbean Flavours, Caribbean Producers, Daily Trading, Derrimon Trading, Emerging markets, Express Catering, FosRich, GWest, Honey Bun, ISP Finance, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Stationery and Office, Trading Activity, tTech

Junior Market ends year up 5.3%

December 29, 2017 by IC Insider.com

Knutsford Express is the Junior Market’s best performing stock for 2017

The Junior Market Index declined by 13.56 points on the final day of 2017 to close at 2,732.06 on Friday, ending the year with a gain of 5.3 percent, well off from the peak of 31 percent reached in late May.
Even as the market index barely rose, the top performing stock, Knutsford Express climbed 275 percent, followed by pre-owned car dealer, Jetcon Corporation with a gain of 199 percent, then the 2017 listings of Express Catering at third spot with 167 percent rise and Main Event with a gain of 164 percent.

The 2017 listed Main Event was the 4th best performing Junior Market stock for 2017.

Trading on the Junior Market of ended on Friday with 22 securities changing hands, resulting in an exchange of
5,420,352 units valued at $23,431,481 compared to 22,525,167 units valued at $250,208,093 from 23 securities changing hands on Thursday.
At the close of market activities, the prices of 6 securities advanced, 7 declined and 9 remained unchanged.
Trading ended with an average of 246,380 units for an average of $1,065,067 in contrast to 979,355 units for an average of $10,878,613 on Thursday. The average volume and value for the month to date, amounts to 568,732 units valued at $3,447,957 and previously 589,979 valued at $3,373,542. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than the last selling prices and 3 with lower offers.
At the close of the market, AMG Packaging ended at $3, with 27,939 stock units trading, Cargo Handlers ended trading with a loss of 80 cents at $10, with 353 stock units changing hands, Caribbean Cream dropped $1.20 to $4.80, exchanging 2,001,000 units, Caribbean Flavours finished trading at $11, with 4,404 shares, Caribbean Producers closed with a loss of 25 cents at $4, with 1,055,167 shares. Consolidated Bakeries ended at $1.80, with 8,700 stock units, Eppley settled at $12, with 1,000 shares, Express Catering ended trading with a loss of 99 cents at $4.01, with 25,508 stock units, FosRich Group traded with a loss of 2 cents at $3.23, with 122,234 units. General Accident finished trading 5 cents higher at $2.80, with 4,000 shares, GWest Corporation closed 39 cents higher at $3.60, with 1,391,193 shares, Honey Bun ended at $4, with 30,200 stock units,

Jamaican Teas settled at $3.70, with 13,330 shares. Jetcon Corporation ended trading 20 cents higher at $5, with 24,329 stock units, Lasco Distributors ended with a loss of 8 cents at $3.90, with 92,966 stock units, Lasco Financial concluded trading 12 cents higher at $5.30, with 432,955 units, Lasco Manufacturing finished 20 cents higher at $3.90, with 6,180 shares. Main Event settled at $5.28, with 5,724 shares, Paramount Trading traded at $3, with 133,000 units, Stationery and Office finished trading 5 cents higher at $4.95, with 25,370 shares and tTech ended with a loss of 11 cents at $6.89, with 9,800 stock units. In the junior market preference segment, Eppley ended at $5.50, with 5,000 shares trading.

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

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Emerging markets, Express Catering, FosRich, GWest, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity, tTech

Junior Market sheds nearly 46 points

December 22, 2017 by IC Insider.com

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Trading on the Junior Market of the Jamaica Stock Exchange resulted in the Market Index dropping 45.82 points, to close at 2,694.81 on Friday as 19 securities changing hands with the prices of 8 securities advanced, 6 declined and 5 remained unchanged.
Market activities closed with 8,996,675 units valued at $33,076,071 compared to 1,516,632 units valued at $6,748,760 from 17 securities on Thursday. By the close, Jamaican Teas traded 7.93 million units to dominate trading and FosRich and GWest traded at record close.
Trading ended with an average of 473,509 units for an average of $1,740,846 in contrast to 90,155 units for an average of $399,626 on Thursday. The average volume and value for the month to date, amounts to units 561,932 valued at $2,583,423 and previously 568,154 units valued at $2,642,716. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ending with bids higher than the last selling prices and 3 with lower offers.
At the close of the market, Access Financial dived $6 cents to close at $36, with only 546 shares trading, AMG Packaging ended 12 cents higher at $2.99, with 300 stock units, CAC 2000 settled with a loss of $1.16 at $5.28, with 1,300 shares, Caribbean Producers closed at $4, with 16,049 shares, Consolidated Bakeries ended 40 cents higher at $1.80, with 14,703 stock units. Express Catering ended trading 10 cents higher at $4.40, with 25,574 stock units, FosRich Group traded 496,559 shares and gained 50 cents to end at record close of $3.49, GWest Corporation traded 19,982 shares and ended at $3.30 with a gain of 43 cents, Honey Bun finished trading with a loss of 9 cents at $3.91, with 5,500 shares, Jamaican Teas concluded trading 2 cents higher at $3.67, with 7,932,754 units, Jetcon Corporation finished 30 cents higher at $4.70, with 43,076 shares. Lasco Distributors finished trading at $3.99, with 183,483 shares, Lasco Financial closed with a loss of 13 cents at $5.05, with 87,901 shares, Lasco Manufacturing ended 10 cents higher at $3.60, with 29,350 stock units, Main Event concluded trading with a loss of 2 cents at $5.28, with 3,036 units. Medical Disposables finished with a loss of 5 cents at $4.95, with 100,000 shares, Paramount Trading settled at $3, with 6,520 shares, Stationery and Office ended trading at $4.90, with 27,591 stock units and tTech finished trading 22 cents higher at $5.40, with 2,451 shares.

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

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Caribbean Flavours, Caribbean Producers, Daily Trading, Derrimon Trading, Emerging markets, Express Catering, FosRich Group, GWest CAC2000, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity, tTech

Junior Market jumps sharply – Tuesday

December 12, 2017 by IC Insider.com

Blue Power jumped $4.95 higher to close at $41.90.

The Junior Market of the Jamaica Stock Exchange gained further grounds on Tuesday following modest gains on Monday, with the market index jumping 53.30 points to close at 2,683.52, the prices of 12 securities advanced, 5 declined and 9 remained unchanged.
Trading closed on with 26 securities changing hands, resulting in an exchange of 888,134 units valued at $3,977,999 compared to 1,018,603 units valued at $4,155,191 from 17 securities on Monday.
Trading ended with an average of 34,159 units for an average of $153,000 in contrast to 59,918 units for an average of $244,423 on Monday. The average volume and value for the month to date amounts to 88,937 units valued at $358,933 and previously 129,298 valued at $491,038. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than the last selling prices and 4 with lower offers.
At the close of the market, Access Financial closed $2.50 higher at $34.50, with 2,211 shares, AMG Packaging ended with a loss of 3 cents at $2.90, with 20,000 stock units, Blue Power concluded trading $4.95 higher at $41.90, with 2,000 units, Cargo Handlers ended trading at $10.85, with 11,233 stock units, Caribbean Cream traded 51 cents higher at $5.81, with 10,077 units. Caribbean Flavours finished trading at $11, with 11,798 shares, Consolidated Bakeries ended with a loss of 5 cents at $1.80, with 51,297 stock units, Dolphin Cove finished at $17, with 200 shares, Eppley settled at $10, with 3,000 shares. Express Catering ended trading 12 cents higher at $4.20, with 24,300 stock units, General Accident traded 85 cents higher at $3.38, with 5,000 units, Honey Bun finished trading 9 cents higher at $3.99, with 8,825 shares, Iron Rock closed 5 cents higher at $2.85, with 17,081 shares. ISP Finance ended at $11, with 2,000 stock units, Jamaican Teas concluded trading at $3.50, with 388,000 units, Key Insurance settled 20 cents higher at $3.45, with 17,194 shares, KLE Group ended trading with a loss of 45 cents at $2.08, with 50,000 stock units. Knutsford Express traded 65 cents higher at $14.80, with 42,431 units, Lasco Distributors finished trading 5 cents higher at $4.25, with 39,023 shares, Lasco Financial closed 65 cents higher at $5.40, with 5,000 shares, Lasco Manufacturing ended 22 cents higher at $3.52, with 5,800 stock units. Main Event concluded trading at $5.09, with 15,919 units, Paramount Trading settled with a loss of 38 cents at $2.70, with 48,940 shares, Stationery and Office ended trading at $4.80, with 100,741 stock units, Sweet River traded with a loss of 1 cent at $3.85, with 1,064 units and tTech finished trading at $5.50, with 5,000 shares.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Blue Power, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Dolphin Cove, Emerging markets, Express Catering, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Paramount Trading, Stationery and Office, Trading Activity, tTech

Junior Market makes modest gains

December 7, 2017 by IC Insider.com

At the close of market activities, on the Junior Market of the Jamaica Stock Exchange on Thursday, the prices of 9 securities advanced, 5 declined and 6 remained unchanged leading to a rise in the Junior Market Index by 21.05 points to 2,657.19.
Trading resulted in 21 securities changing hands, in an exchange of 846,648 units valued at $4,389,452 compared to 927,168 units valued at $4,146,036 from 16 securities, on Wednesday.
Trading ended with an average of 40,317 units for an average of $209,022 in contrast to 57,948 units for an average of $259,127 on Wednesday. The average volume and value for the month to date amounts to units 99,196 valued at $394,709 and previously 114,847 valued at $444,069. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than the last selling prices and 3 with lower offers.
At the close of the market, Access Financial closed at $32, with 700 shares, AMG Packaging ended 3 cents higher at $2.93, with 1,396 stock units, Caribbean Cream traded at $5.30, with 33,830 units, Caribbean Flavours finished trading at $11, with 900 shares, Caribbean Producers closed 10 cents higher at $4.10, with 11,223 shares. Consolidated Bakeries ended at $1.90, with 11,000 stock units, Dolphin Cove finished with a loss of $1 at $17, with 3,000 shares trading, Eppley settled at $10, with 340 shares, Express Catering ended trading 5 cents higher at $4.05, with 5,000 stock units. General Accident traded with a loss of 25 cents at $2.50, with 10,227 units, Jetcon Corporation finished 5 cents higher at $4.40, with 25,000 shares, Knutsford Express traded at $14.80, with 49,465 units, Lasco Distributors finished trading 21 cents higher at $4.20, with 336,229 shares. Lasco Financial closed with a loss of 25 cents at $4.65, with 206,042 shares, Lasco Manufacturing ended 20 cents higher at $3.70, with 18,900 stock units, Main Event concluded trading with a loss of 57 cents at $5.09, with 3,083 units, Medical Disposables finished 10 cents higher at $5.05, with 14,200 shares. Paramount Trading settled with a gain of 7 cents at $3.07, with 3,000 shares, Stationery and Office ended trading with a loss of 20 cents at $4.80, with 70,194 stock units, tTech finished trading 50 cents higher at $6, with 27,919 shares and in the junior market preference segment, Eppley 8.25% ended with a loss of 50 cents at a 52 weeks’ low of $5.50, with 15,000 stock units.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Dolphin Cove, Emerging markets, Express Catering, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity, tTech

Juniors slip back as 9 stocks fell – Tuesday

December 5, 2017 by IC Insider.com

Trading on the Junior Market of the Jamaica Stock Exchange ended on Tuesday with 17 securities changing hands with the market Index falling 19.92 points to close at 2,705.15 as the prices of 2 securities advanced, 9 declined and 6 remained unchanged.
At the close resulting in an exchange of 1,241,227 units valued at $6,030,201 compared to 5,603,665 units valued at $19,432,637 on Monday from 22 securities.
At the close of market activities, the average security trading ended with 73,013 units for an average of $354,718 in contrast to 254,712 units for an average of $883,302 on Monday. The average volume and value for the month to date amounts to 129,298 units valued at $491,038 and previously 150,098 units valued at $541,417. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 1 stock ending with the bid higher than the last selling price and 3 with lower offers.
At the close of the market, Cargo Handlers ended trading at $10.85, with 13,888 stock units, Caribbean Cream finished with a loss of 20 cents at $5.30, with 17,294 shares, Caribbean Producers traded with a loss of 13 cents at $4.07, with 40,000 units, Consolidated Bakeries finished at $1.90, with 1,470 shares, C2W Music ended with a loss of 5 cents at 45 cents, with 41,650 stock units, Dolphin Cove finished trading 50 cents higher at $18, with 6,500 shares, Express Catering ended with a loss of 1 cent at $4, with 62,149 stock units, Iron Rock settled at $2.80, with 1,000 shares, Jamaican Teas traded with a loss of 20 cents at $3.70, with 9,400 units changing hands. Jetcon Corporation fell 20 cents to $4.30, with 44,600 shares, Key Insurance ended with a loss of 30 cents at $3.50, with 1,000 stock units, Lasco Distributors settled 5 cents higher at $4.40, with 16,400 shares, Lasco Financial ended trading with a loss of 10 cents at $4.90, with 779,068 stock units, Lasco Manufacturing traded at $3.50, with 2,000 units changing hands. Medical Disposables finished trading at $4.95, with 19,995 shares, Stationery and Office ended trading at $5, with 181,313 stock units and tTech finished trading with a loss of 50 cents at $5.50, with 3,500 shares.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Dolphin Cove, Emerging markets, Express Catering, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity, tTech

Juniors rise as 8 stocks gained & 9 fell

December 4, 2017 by IC Insider.com

Trading on the Junior Market on Monday saw the Index advancing 36.34 points to close at 2,725.07 to break the losing streak of last week 22 securities changing hands resulting in the prices of 8 securities advanced, 9 declined and 5 remained unchanged.
Trading concluded with an exchange of 5,603,665 units valued at $19,432,637 compared to 1,300,855 units valued at $5,472,573 on Friday from 24 securities trading.
When trading ended the average security ended with 254,712 units for an average of $883,302 in contrast to 54,202 units for an average of $228,024 on Friday. The average volume and value for the month to date amounts to 150,098 units valued at $541,417. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Access Financial closed with a jump of $6.30 to end at $40.30, with 2,000 shares trading, AMG Packaging fell 9 cents to $2.90, with 12,202 stock units, Blue Power concluded trading with a loss of 5 cents at $36.95, with 1,124 units, Caribbean Cream finished 1 cent higher at $5.50, with 11,500 shares, Caribbean Flavours settled at $11, with 22,805 shares, Caribbean Producers traded 14,000 units at $4.20. Consolidated Bakeries finished 10 cents higher at $1.90, with 7,000 shares, Express Catering ended 1 cent higher at $4.01, with 173,916 stock units, Eppley concluded trading at $10, with 1,600 units, General Accident finished 20 cents higher at $2.70, with 135,510 shares, Honey Bun settled with a loss of 5 cents at $3.85, with 1,000 shares. Jamaican Teas traded 10 cents higher at $3.90, with 20,000 units, Jetcon Corporation finished trading 15 cents higher at $4.50, with 21,500 shares, Key Insurance ended with a loss of 19 cents at $3.80, with 1,052,631 stock units, Lasco Distributors settled with a loss of 5 cents at $4.35, with 161,720 shares, Lasco Financial ended trading with a loss of 15 cents at $5, with 280,086 stock units, Lasco Manufacturing traded at $3.50, with 76,003 units, Medical Disposables finished trading with a loss of 10 cents at $4.95, with 1,722 shares. Paramount Trading concluded trading at $3.09, with 3,550,825 units, Stationery and Office ended trading with a loss of 5 cents at $5, with 41,723 stock units and tTech finished trading with a loss of $1 at $6, with 5,000 shares. In the junior market preference segment, Derrimon Trading preference shares ended with 9,798 units changing hands with a gain of 15 cent at $2.15.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Blue Power, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Emerging markets, Eppley, Express Catering, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Key Insurance, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity, tTech

Junior Market down 20% since May

December 1, 2017 by IC Insider.com

This Junior market chart is not looking all that good recently but should find support sooner than later.

Trading activities continue to pressure the Junior Market Index leading to a decline of 34.02 points to close at 2,688.73 and a 20 percent fall in the overall market since peaking in May. On Friday the prices of 6 securities advanced, 10 declined and 8 remained unchanged.
The market gained 30.1 percent for 2017 on May 24, this year, but is now just ahead of the December close by a mere 3.7 percent with Friday’s fall. A major contributor to the decline from the peak is the fall in the prices of Lasco Distributors that is heavily weighted in the index along with Lasco Manufacturing. Lasco Distributors traded at $7.20 in late May and is now at $4.40 with the award for their case against Pfizer coming in far below what the market expected and Manufacturing at $5.20 and is now at $3.50, with sales and profit stagnated. The fall has been mollified by gains in newly listed Express Catering and Stationery and Office Supplies.
The number of Junior Market securities trading on Friday, jumped to 24, from just 13 changing hands on Thursday, resulting in an exchange of 1,300,855 units valued at $5,472,573 compared to 1,784,331 units valued at $8,037,129 on Thursday.
Trading ended with an average of 54,202 units for an average of $228,024 in contrast to 137,256 units for an average of $618,241 on Thursday. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 5 with lower offers.

Fall in Lasco Distributors & Lasco Manufacturing main contributors to market fall.

At the close of the market, Access Financial closed at $34, with 2,203 shares, CAC 2000 finished with a loss of 30 cents at $6.20, with 1,200 shares, Caribbean Flavours settled with a loss of $1.30 at $11, with 3,000 shares, Caribbean Producers traded at $4.20, with 1,000 units, Consolidated Bakeries finished with a loss of 25 cents at $1.80, with 252,500 shares, C2W Music ended 1 cent higher at $0.50, with 100,000 stock units, Dolphin Cove finished trading at $17.50, with 26,550 shares. Express Catering ended with a loss of 20 cents at $4, with 136,755 stock units, Eppley concluded trading with a loss of 50 cents at $10, with 400 units, General Accident finished with a loss of 20 cents at $2.50, with 10,000 shares, Honey Bun settled 40 cents higher at $3.90, with 17,996 shares. Iron Rock settled at $2.80, with 3,886 shares, Jamaican Teas traded at $3.80, with 18,875 units, Jetcon Corporation finished trading with a loss of 15 cents at $4.35, with 4,600 shares, Knutsford Express closed 98 cents higher at $14.80, with 600 shares, Key Insurance ended 31 cents higher at $3.99, with 1,000 stock units. KLE Group concluded trading at $2.53, with 10,400 units, Lasco Distributors settled with a loss of 10 cents at $4.40, with 23,152 shares, Lasco Financial ended trading 10 cents higher at $5.15, with 349,824 stock units, Lasco Manufacturing traded with a loss of 40 cents at $3.50, with 45,500 units. Medical Disposables finished trading 10 cents higher at $5.05, with 1,200 shares, Main Event closed at $6, with 176,732 shares, Paramount Trading concluded trading with a loss of 1 cent at $3.09, with 32,705 units and Stationery and Office ended trading at $5.05, with 80,777 stock units.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, CAC2000, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Dolphin Cove, Emerging markets, Express Catering, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity

Juniors drop 237 points in a week

November 28, 2017 by IC Insider.com

The prices of Lasco Distributors and Lasco Financial cut Junior market index sharply.

The Junior Market Index plunged sharply by 119.67 points to close at 2,829.29, after shedding 45.44 points on Monday and 50 points on Friday. The market has lost 237.24 or 7.7 percent since last week Wednesday.
The two main companies contributing to the fall are Lasco Distributors that fell from $5.90 last week to $4.32 in response to the disappointing court awards in their dispute with Pfizer and Lasco Financial falling from $6.50 to $5.01.
At the close of market activities, the prices of 5 securities advanced, 10 declined and 7 remained unchanged as the market concluded trading on Tuesday with 22 securities changing hands, resulting in an exchange of 1,396,153 units valued at $6,487,135 compared to 2,397,751 units valued at $13,589,523 on Monday coming from 17 securities.
Trading ended with an average of 63,462 units for an average value of $294,870 in contrast to 141,044 units for an average of $799,384 on Monday. The average volume and value for the month to date amounts to 110,697 units valued at $543,691 and previously 113,513 units valued at $558,525. In contrast, October closed with average of 74,690 units valued at $362,548 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 3 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 1 cent at $2.99, with 3,159 stock units, Caribbean Cream finished at $5.50, with 43,200 shares, Cargo Handlers ended trading at $10.85, with 500 stock units trading, Caribbean Producers traded at $4.20, with 371,229 units, C2W Music ended 9 cents higher at $0.49, with 16,433 stock units, Express Catering fell 1 cent in closing at $4.49, with 2,023 stock units, General Accident finished with a loss of 10 cents at $2.60, with 22,000 shares. Honey Bun settled 25 cents higher at $4.25, with 14,400 shares, Iron Rock settled at $2.80, with 2,452 shares, ISP Finance ended trading with a loss of 1 cent at $15.99, with 5,529 stock units, Jamaican Teas traded with a loss of 20 cents at $3.80, with 126,600 units, Jetcon Corporation finished trading after losing 10 cents to $4.50, with 12,965 shares. Knutsford Express closed 50 cents higher at $13.50, with 6,631 shares, KLE Group concluded trading 2 cents higher at $2.53, with 20,600 units, Lasco Distributors dropped $1.37 to $4.32, with 115,400 shares, in response to the low award for damages against Pfizer. Lasco Financial ended trading down $1.21 to $5.01, with 337,824 stock units, Lasco Manufacturing fell 5 cents to $3.90, with 32,000 units, Medical Disposables fell 10 cents to $5, with 1,816 shares changing hands, Main Event closed at $6, with 105,855 shares. Paramount Trading concluded trading at $3.15, with 39,425 units, Stationery and Office ended trading at $5.05, with 114,612 stock units and tTech finished trading 1 cent higher at $7, with 1,500 shares.