The junior market index closed at a new all-time high on Wednesday, as advancing stocks were edged out by declining ones pushing the market index up by 20.38 points to end at 2,573.55 points with a 44 percent increase for the year to date.
At the close, the prices of 7 stocks rose, 3 declined with 14 securities trading, compared to 14 trading on Friday. Volume of stocks traded surged on Wednesday by 334 percent, from Friday’s level, ending with 2,545,501 units changing hands, valued at $16,691,479, up by 559 percent from $2,533,304 on Friday.
Market activities ended with 3 securities closing with bids higher than their last selling prices and 3 ending with a lower offer.
An average of 181,822 units with an average value of $1,192,249 traded, compared to 41,940 units with an average value of $180,950 on the preceding trading day. The average for December to date is 136,554 units, at an average of $696,188. The average for December to Friday is 133,892 units, at an average of $667,008. November ended with an average of 109,679 units with an average value of $607,092.
In trading Blue Power rose $2 in trading 10,000 shares at $27, Cargo Handlers dropped $1.10 to close at $17.50, with 41,172 units changing hands, Caribbean Flavours had 20,000 units being exchanged at $12, C2W Music traded 11,939 units at 35 cents, General Accident had 7,976 units changing hands to close at $3. Honey Bun had 544 shares changing hands to close at $5.95 after shedding 5 cents. 
Jetcon Corporation rose 2 cents to close at $5.90 with 1,094,291 shares trading, KLE Group closed with 1,504 shares trading at $1.95, Knutsford Express traded 6,700 shares at $19.55, Lasco Distributors ended with 1,117,322 units trading with a gain of 25 cents at $7. Lasco Financial lost 5 cents with 21,345 shares changing hands, to end at $3.20, Lasco Manufacturing ended at $4.98, after 147,247 units switched hands, Paramount Trading exchanged 64,362 units at $3 and tTech traded 1,079 units with a rise of 5 cents to close at $5.30.
Juniors jump to all-time high – Friday
New high of $18.60 for Cargo Handlers on Friday.
At the close, the prices of 7 stocks rose, 3 declined with 14 securities trading, compared to 8 trading on Thursday. Volume of stocks traded fell on Friday by 54 percent, from Thursday’s level, ending with 587,155 units changing hands, valued at $2,533,304, slipped by 58 percent from $6,029,065 on Thursday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and none ending with a lower offer.
An average of 41,940 units with an average value of $180,950 units traded, compared to 160,486 units with an average value of $753,633 on the preceding trading day.
The average for December to date is 133,892 units, at an average of $667,008. The average for December to Thursday is 139,639 units, at an average of $697,387. November ended with an average of 109,679 units with an average value of $607,092.CAC 2000 traded 1,706 shares at $4.30, Cargo Handlers jumped $2.60 to a new high of $18.60 to with 26,121 units changing hands, Caribbean Cream had 4,194 units being exchanged at $8, Caribbean Producers traded 271,466 units at $3.50, Consolidated Bakeries had 18,800 units changing hands to close with a rise of 24 cents at $2.10. Derrimon Trading gained 80 cents and ended at $4.80 with 87,710 shares changing hands, Dolphin Cove lost $1 with 185 units
changing hands closed at $14. Honey Bun had 805 shares changing hands to close at $6 after rising 30 cents. Jetcon Corporation lost 1 cent to close at $5.88 with 2,450 shares trading, Key Insurance closed with 2,980 shares trading at $2.60. Lasco Distributors ended with 6,500 units trading with a gain of 25 cents at $6.75, Lasco Financial rose 15 cents with 160,289 shares changing hands, to end at $3.25, Lasco Manufacturing gained 18 cents and ended at $4.98, after 700 units switched hands and Paramount Trading exchanged 3,249 units at $3.
Investors push Derrimon stocks up sharply – Friday
The Jamaica Stock Exchange, is seeing sparse trading, ahead of the Christmas holidays Thursday’s well below levels, leading to falls in the market indices in the morning session on Friday.
Investors pushed Derrimon Trading by 80 cents to $4.80 with 87,710 following the company’s report on Thursday that it will be making prepayment for 23,379,208 stock units in Caribbean Flavours. When purchased, Derimon would become the parent company having had just under 50 percent of the shares currently. This would require an offer being made to minority shareholders.
Market activity was moderate, resulting in only 20 securities trading at 10:45 am, compared to 15 on Thursday. A total of 9 securities advanced and 5 declined, resulting in a volume of 272,207 shares changing hands, carrying a value of $4,538,567, compared 904,871 shares changing hands, carrying a value of $7,114,541 on Thursday. The average number of shares traded, amount to 13,610 units versus 60,325 units on Thursday.
The all Jamaica Composite Index slipped 728.63 points to 202,396.49, the Jamaica Stock Exchange Market Index shed 651.53 points to 185,353.01, the Jamaica Stock Exchange combined index lost 556.28 points to be at 197,746.15 and the junior market index rose 4.66 to 2,516.51.
Juniors close at new record – Wednesday
New high for Cargo Handlers on Wednesday.
At the close, the prices of 3 stocks rose, 4 declined with 16 securities trading, compared to 18 trading on Tuesday. Volume of stocks traded fell on Wednesday by 93 percent, from Tuesday’s level, ending with 332,445 units changing hands, valued at $1,568,652, down 95 percent from $32,819,600 on Tuesday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 3 ending with lower offers.
An average of 20,778 units with an average value of $98,041 units traded, compared to 264,003 units with an average value of $1,823,311 on the preceding trading day.
The average for December to date is 138,249 units, at an average of $693,637. The average for December to Tuesday is 146,640 units, at an average of $736,180. November ended with an average of 109,679 units with an average value of $607,092.AMG Packaging jumped $3.01 to close at a 52 weeks’ high of $24.51 with 500 units changing hands, Blue Power climbed $1.70 in trading 1,000 shares to end at $25, Caribbean Cream closed with 29,189 shares changing hands to end at $8. Caribbean Flavours lost 50 cents with 19,950 units changing hands. Caribbean Producers traded 16,520 units at $3.50, C2W Music had 7,546 units changing hands to close at 35 cents, Derrimon Trading ended at $3.70 with 9,000 shares changing hands, Dolphin Cove exchanged 100 shares and closed at $15, Honey Bun had 17,850 shares changing hands to close at $6.05 after gaining 5 cents.
Iron Rock Insurance traded 65,544 shares at $3.60, Key Insurance closed trading with 30,346 units, to end at $2.60 after shedding 40 cents. Lasco Distributors lost 20 cents to end trading with 20,717 shares at $6.50. Lasco Financial ended with 40,000 shares changing hands, for a loss of 5 cents to $3.30, Lasco Manufacturing ended at $4.98 after 10,750 units switched hands, Medical Disposables had 17,334 units changing hands, to close at $4.20 and Paramount Trading ended with 46,099 shares being exchnaged to close at $3.
Juniors jump to record close on Tuesday
New high for Cargo Handlers on Tuesday.
At the close, the prices of 4 stocks rose, 8 declined with 18 securities trading, compared to 17 trading on Monday as Lasco Distributors dominated trading with 4,494,594 shares after rising 15 cents to close at $6.70. Volume of stocks traded fell on Tuesday by 14 percent, from Monday’s level, ending with 4,752,058 units changing hands, valued at $32,819,600, up 24 percent from $26,556,207 on Monday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 2 ending with lower offers.
An average of 264,003 units with an average value of $1,823,311 units traded, compared to 324,429 units with an average value of $1,562,130 on the preceding trading day. The average for December to date is 146,640 units, at an average of $736,180. The average for December to Monday is 137,612 units, at an average of $652,554. November ended with an average of 109,679 units with an average value of $607,092.
CAC 2000 fell 60 cents in trading 2,112 shares to end at $4.50, Cargo Handlers climbed 30 cents to hit a new high of $16.30, with 23,630 shares changing hands, Caribbean Cream closed with 16,455 shares changing hands and lost 20 cents to end at $8. Caribbean Flavours lost 50 cents with 2,000 units changing hands. Caribbean Producers rose 25 cents in trading 400 units at $3.50, C2W Music had 6,122 units changing hands to close at 35 cents, Dolphin Cove exchanged 333 shares and closed at $15, Honey Bun had 1,700 shares changing hands to close at $6 after falling 19 cents. 
Iron Rock Insurance traded 215 shares and dropped back $1.05 to $3.60, Jetcon Corporation closed trading with 80,200 units, to end at $5.89, KLE Group ended at $1.95 with 5,530 shares changing hands, Knutsford Express traded just 253 shares but the price slipped 44 cents to $19.55. Lasco Financial ended with 10,200 shares changing hands, for 5 cents higher to $3.35, Lasco Manufacturing ended at $4.98 with a fall of 2 cents after 99,283 units switch hands, Medical Disposables had 6,900 units changing hands, to close with a fall of 60 cents at $4.20, Sweet River traded 200 shares to close at $3.85 and Eppley 9.5% preference share traded 1,931 units at $6.18.
Juniors jump to new record close– Monday
Prices on the junior market mostly rose on Monday, and pushed the market index up by a strong 43.35 points to end at record close of 2,523.96, on increased trading activity from Friday’s levels, to be up a strong 41 percent for the year to date.
At the close, the prices of 9 stocks rose, 2 declined with just 17 securities trading, compared to 9 trading on Friday. The volume of stocks traded jumped on Monday by 71 percent, from Friday’s level, ending with 5,515,300 units changing hands, valued at $26,556,207, up 61 percent from $16,494,089 on Friday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 5 ending with lower offers.
An average of 324,429 units with an average value of $1,562,130 units traded, compared to 357,770 units with an average value of $1,832,677 on the preceding trading day. The average for December to date is 137,612 units, at an average of $652,554. 
The average for December to Friday is 122,044 units, at an average of $576,756. November ended with an average of 109,679 units with an average value of $607,092.
Cargo Handlers climbed $2.99 to hit a new high of $16, with only 870 shares changing hands, Caribbean Cream closed with 7,297 shares changing hands and gained 25 cents to $8.20, Caribbean Flavours rose $2 to trade at a 52 weeks’ high of $13 with 5,000 units changing hands. Derrimon Trading exchanged 19,325 shares and closed at $3.70, after rising 15 cents, Honey Bun had 9,313 shares changing hands to close at $6.19 after gaining 19 cents. Iron Rock Insurance traded 516,500 shares at $4.65, Jamaican Teas ended at $4.25 with 8,350 shares being exchanged, Jetcon Corporation closed trading with 26,416 units, to end at $5.89, KLE Group ended at $1.95 with 1,355 shares changing hands, 
Knutsford Express traded just 200 shares but the price slipped 1 cent to $19.99. Lasco Distributors had 47,247 shares trading and rose 15 cents to close at $6.55. Lasco Financial ended with 200,502 shares changing hands for 5 cents more to $3.30, Lasco Manufacturing ended at $5 with a fall of 5 cents after 4,501,100 units switch hands, up from 2,898,885 shares changed hands, on Friday. Paramount Trading had 166,512 units changing hands to close at $3, Sweet River traded 3,300 shares with a rise of 3 cents to close at $3.85, tTech traded 513 shares but rose 25 cents to $5.25 and Eppley 9.5% preference share traded 1,500 units at $6.18.
JSE jumps 2,448 points – Monday
Just over half an hour passed after trading opened on the Jamaica Stock Exchange on Monday for the first trade to take place and nearly an hour passed before any trade took place in the junior market but the market indices urged to new records with a some big jump.
Trading saw Cargo Handlers hit a new high of $16 but with only 300 shares changing hands and Caribbean Flavours also traded at a new high of $13. 
Iron Rock Insurance traded 515,000 shares at $4.30, Jamaica Stock Exchange traded 123,200 shares at $5.60, Mayberry Investments has so far traded 62,287 shares at $5.50 and Supreme Ventures 143,313 units at $5.
Market activity has been moderate resulting in 23 securities traded at 10:45 am, compared to 22 on Friday at 11:55 am. A total of 13 securities advanced and 3 declined, resulting in a volume of 1,109,562 shares changing hands carrying a value of $9,413,375, compared 4,246,518 shares changing hands carrying a value of $53,841,841. The average number of shares traded, amount to 48,242 units versus mere 193,024 units on Friday.
The all Jamaica Composite Index surged 2,454.35 points to 204,391.23, the Jamaica Stock Exchange Market Index jumped 2,191.63 points to 187,136.67, the Jamaica Stock Exchange combined index pumped up 2,449.53 points to be at 199,445.66 and the junior market index blasted to a new high with an increase of 40.32 points to be at 2,520.93.
Juniors back off from record – Friday
Caribbean Flavours hit a new high of $11.95 on Friday
At the close, the prices of 5 stocks rose, 2 declined with just 9 securities trading, compared to 19 trading on Thursday. The volume of stocks traded jumped on Friday by 163 percent, from Thursday’s level, ending with 3,219,929 units changing hands, valued at $16,494,089, up 186 percent from $5,774,823 on Thursday.
Market activities ended with 10 securities
closing with bids higher than their last selling prices and just 4 ending with lower offers.An average of 357,770 units with an average value of $1,832,677 units traded, compared to 64,345 units with an average value of $303,938 on the preceding trading day. The average for December to date is 122,044 units, at an average of $576,756. The average for December to Thursday is 100,614 units, at an average of $462,581. November ended with an average of 109,679 units with an average value of $607,092.
Caribbean Flavours traded 20,512 units to end at a 52 weeks’ high of $11 with a gain of 1 cent and traded as high as $11.95 during the trading session, Caribbean Producers closed with 444 shares changing hands with a gain of 5 cents, at $3.25,
C2W Music with 10,393 units changing hands, closed unchanged at 35 cents. Derrimon Trading exchanged 675 shares and closed at $3.55 after falling by 35 cents. Jetcon Corporation closed trading with 60,000 units, the price rose 1 cent to end at $5.89, Lasco Distributors had 212,610 shares trading with a fall of 40 cents to close at $6.40. Lasco Manufacturing ended at $5.05 with a rise of 5 cents after 2,898,885 shares changed hands, Medical Disposables traded 15,410 shares with a rise of 60 cents to close at $4.80 and Eppley 9.5% preference share traded 1,000 units at $6.18.
Juniors set up for new high – Tuesday
Caribbean Flavours hit a new high of $10.95 on Tuesday
With today’s movement of the index, the junior market is up 39 percent for the year to date.
At the close the prices of 6 stocks rose and 5 declined with 14 securities trading, compared to 12 on Monday. The volume of stocks traded dipped on Tuesday by 65 percent, from Monday’s level, ending with 361,716 units changing hands, valued at $1,755,268, down 67 percent from $5,305,996 on Monday.
Market activities ended with 12 securities closing with bids higher than their last selling prices and just 5 ending with lower offers.An average of 25,837 units with an average value of $125,376 traded, compared to 102,106 units with an average value of $530,600 on the preceding trading day. The average for December to date is 113,578 units, at an average of $521,060. The average for December to Monday is 124,545 units, at an average of $570,520. November ended with an average of 109,679 units with an average value of $607,092.
In trading activity, AMG Packaging traded 160 shares and gained 20 cents to close at $18.20, Caribbean Flavours jumped $1 to a 52 weeks high of $10.95 with 3,000 shares exchanged, Caribbean Producers shed 5 cents with 13,831 shares changing hands at $3.20, Consolidated Bakeries traded 2,000 shares and closed at $1.70 after dropping 45 cents. C2W Music inched up 1 cent with 9,657 units changing hands to close at 30 cents, General Accident gained 45 cents and closed trading with 73,605 units, at a 52 weeks’ high of $3.15,
Honey Bun had 44,715 shares changing hands to close with a loss of 35 cents at $5.60. Iron Rock Insurance traded 23,000 units as the price rose 15 cents to $4.15, Jetcon Corporation closed trading with 11,896 units but lost 1 cents to end at $5.89, Key Insurance traded 31,512 units to close at $2.50, Lasco Distributors had 127,200 shares at $6.80. Lasco Manufacturing gained 10 cents and ended at $4.70 with 1,000 shares changing hands and Paramount Trading lost 2 cents with 20,000 units changing hands to close at $3.38.
Flavours out Blue Power in TOP 5
Investors pushed the price of Caribbean Flavours to $9.99 during the past week and out of the IC Insider’s TOP 5 of junior market stocks list, allowing Blue Power to return at the bottom of the list. AMG Packaging price fell back and the stock moved up on the list to number 2 spot.
In the IC Insider’s TOP 5, the candidates remain unchanged but Caribbean Cement benefited from an announcement that the Cemex Group who are offering to but majority stake in Trinidad, if successful may consider delisting shares in Barbados and Jamaica including subsidiaries after a full review of the Caribbean operations. Carib Cement moved to 4th position and is worth watching in the week to come. There are 6 offers in the market at the close of trading on Friday, ranging from $36.48 to sell 10,000 units, 10,000 units at $37, the next is 2,300 shares at $44 with the next being at $45 and $60. Bids for the stocks are not very aggressive with the only meaningful one being at $34.01 to buy 69,000 shares.
