
I$P Finance hits a new high of $35 on Wednesday up 1,650% since listing last year March.
The Junior Market of the Jamaica Stock Exchange logged another record close on Wednesday but with a modest rise of just 9.84 points to a record close of 3,368.98 with gains of 29.9 percent for 2017 to date. Trading levels were down sharply again compared to Tuesday’s levels.
At the close of the market, the number of securities trading, ended at 22 compared to 23 on Tuesday with 7 advancing and 10 declining. Overall, 1,425,514 units valued at $10,043,460 changed hands, compared to 3,285,925 units valued at $19,269,876 on Tuesday. Trading ended with 7 stocks having bids higher than their last sale prices and 6 with lower offers. Just one stocks ended trading at new closing high at the end of trading.
The Junior Market ended trading with an average of 64,796 units for an average value of $456,521, compared to 142,866 units for an average value of $837,821, on the previous trading day.
The average volume and value for the month to date are 88,678 units and $600,619 while at the close of the prior day, 90,668 units and $612,627. The average volume and value for April ended at 502,597 units and $2,768,003.
At the close of the market, AMG Packaging ended at $5.15 with 20,440 units changing hands, CAC 2000 had 7,000 changing hands, to close with a rise of 30 cents at $7.30, Cargo Handlers ended trading with 7,140 shares changing hands at $20, Caribbean Flavours jumped $2.55 in trading 2,000 shares at $13.55, Caribbean Producers lost 15 cents and ended at $3.85 with 133,000, shares trading, C2W Music had 11,819 units changing hands to close at 45 cents, Derrimon Trading climbed $1 and ended at $8.50 with 25,238 shares changing hands, General Accident fell 4 cents and closed trading with 224,750 shares at $3.05, Honey Bun ended with 182,930 shares changing hands at $8, after rising 25 cents, Iron Rock Insurance traded 10,000 shares to end at $3.15, after falling by 25 cents, ISP Finance climbed $5 to end at fresh new high of $35 with 28,000 units changing hands, the stock was offered at $30 at the close to sell 25,000 units.
Jamaican Teasclosed trading with 23,550 shares, at $4.95. Jetcon Corporation ended at $15 with 66,619 shares trading, Key Insurance traded 60,624 units to close at $2.80 after falling 25 cents, KLE Group rose 5 cents and ended at $2.75 with 3,000 shares changing hands, Knutsford Express jumped $2.95 and closed with 14,922 shares trading at $68. Lasco Distributors ended with 205,484 units trading with a fall of 49 cents at $7, Lasco Financial fell 10 cents and ended with 16,326 shares changing hands at $4.90, Lasco Manufacturing fell 55 cents and closed at $5.25 while trading 93,330, shares, Main Event lost 15 cents and ended trading 63,583 shares at $6.85, Medical Disposables lost 20 cents and ended at $5.80 with 147,855 units trading,Paramount Trading lost 27 cents and ended with 77,904 shares changing hands at $2.98, after trading at a low for the day of $2.50.

The average volume and value for the month to date are 85,923 units and $592,155, while at the close of the prior day, 66,313 units and $496,664. The average volume and value for April ended at 502,597 units and $2,768,003.
Honey Bun ended with 4,935 shares changing hands at $7.95, ISP Finance jumped $4 to end at record close of $28 with 46,731 units changing hands. Jamaican Teasclosed trading with 21,030 shares, with a gain of 20 cents at $4.95. Jetcon Corporationfell 74 cents to end at $15 with 205,492 shares trading, KLE Group lost 1 cent and ended at $2.69 with 1,000 shares changing hands, Knutsford Express closed with 1,377 shares trading to end at a record $68. Lasco Distributors ended with 1,281,181 units trading with a rise of 38 cents at $7.40, Lasco Financial jumped 90 cents and ended with 953,637 shares changing hands at a record $5.10, Lasco Manufacturing rose 22 cents and closed at $5.62 while trading 954,142 shares, Main Event ended trading 15,319 shares at $7, Sweet River ended at $3.50 with 19,482 units trading and tTech ended with 100 units changing hands at $7.50 after rising 50 cents.
The average volume and value for the month to date is 293,848 units and $2,093,565. The average volume and value for the month to the previous trading day ended at 328,309 units and $2,363,612. The average volume and value for March was 137,459 units and $1,313,411.
Jetcon Corporation rose 40 cents to end at $11.90 with 35,262 shares traded, KLE Group traded 3,000 shares and fell 30 cents in closing at $2.70, Knutsford Express traded just 1,266 shares but fell 80 cents to close at $40.20, Lasco Distributors fell 5 cents and ended with 23,461 units trading to close at $6.80, Lasco Financial added 20 cents and ended with a mere 242 shares changing hands at $4, Lasco Manufacturing fell 1 cent and closed with 1,264,833 units changing hands at $4.98, Main Event rose 50 cents trading 10,000 shares at $5.73, Medical Disposables closed trading with 55,000 shares and fell 50 cents to end at $5.50 and Paramount Trading closed with a loss of 1 cent to end a $3.59.

The average volume and value for the month to the previous trading day ended at 133,197 units and $961,366. The average volume and value for March was 137,459 units and $1,313,411.
Dolphin Cove ended at $20 with 6,611 shares trading. Honey Bun had 5,245 shares changing hands to close at $7.30, I$P Finance traded 2,990 shares to end with a rise of 50 cents at an all-time high of $14, Jamaican Teas had 26,558 shares being exchanged to close at $7.50, Jetcon Corporation lost 1 cent to end at $11.89 with 10,660 shares being exchanged, Knutsford Express traded just 1,209,000 shares and fell $2 in closing at $40, Lasco Distributors ended with 151,076 units trading at $6.80 after losing by 9 cents, Lasco Financial ended with 4,019,937 shares changing hands at $3.80, Lasco Manufacturing closed with 1,180,858 units changing hands at $4.80 after losing 28 cents and Medical Disposables lost 50 cents in trading 27,940 shares to close at $6.
compared to 16,207 units for an average value of $296,096 on the previous trading day. The average volume and value for the month to date ended at 137,459 units and $1,313,411. On the immediate preceding trading day, the average volume and value for the month to date, were 138,835 units and $1,338,271 with the value of trading ending close to the level for February and well ahead of the averages in January of 165,547 units with an average value of $884,749. The average volume and value for February, ended at 223,938 units and $1,379,459.
Dolphin Cove lost $1 and ended at $18 with 40,000 shares changing hands, General Accident gained 35 cents and closed trading with 7,075 shares at $3.15, Honey Bun had 26,764 shares changing hands, rose 20 cents and closed at $7.50. I$P Finance traded 5,681 shares to end at $12.50, Jamaican Teas traded 27,505 shares to close with a fall of 24 cents at $7.75, Jetcon Corporation closed trading with 2,100 shares being exchanged, to end at $11, Lasco Distributors ended with 1,418,780 units trading at $6.70, Main Event closed with a loss of 10 cents at $4.90 with 3,400 shares changing hands, Paramount Trading had 20,100 shares changing hands, to close at $3.80. tTech traded just 1,000 units but rose $1.23 to close at $7.50 and Eppley 10% preference share traded a mere 100 units at $6.80.

The average volume and value for February, ended at 223,938 units and $1,379,459.
Jamaican Teas rose 74 cents in trading 9,259 shares to close at $7.99, Jetcon Corporation gained 15 cents and closed trading with 27,870 shares being exchanged, to end at $12, Knutsford Express rose 11 cents to end at $42.11 with 424 shares changing hands, Lasco Distributors added 10 cents and ended with 50,572 units trading at $6.70, Lasco Financial regained the 50 cents lost on Tuesday, with 18,201 shares changing hands, to end at $4, Lasco Manufacturing closed with 146,851 units changing hands at $5.05, after rising 26 cents, Main Event closed at $5 with 385,051 shares changing hands, Paramount Trading had 15,136 shares changing hands, to close with a loss of 5 cents at $3.60 and tTech ended with 7,000 units changing hands at $6.27.
Trading ended with 5 stocks had bids higher than their last sale prices and 2 ended with lower offers, than the last sale.
Jetcon Corporation lost 15 cents and closed trading with 62,090 shares being exchanged, to end at $11.85, Key Insurance lost 51 cents to end at $2.99 with 1,000 shares changing hands, KLE Group ended at $3.05 with 145,856 shares changing hands after rising by 25 cents, Lasco Distributors lost 40 cents and ended with 1,014,970 units trading at $6.60, Lasco Financial lost 50 cents with 209,152 shares changing hands, to end at $3.50, Lasco Manufacturing closed with 1,403,493 units changing hands at $4.79, after losing 21 cents, Main Event gained 1 cents and closed at $5 with 31,565 shares changing hands, Medical Disposables lost 75 cents in trading 27,800 shares to close at $5.25, Paramount Trading had 17,000 shares changing hands, to close with a loss of 15 cents at $3.65 and tTech fell 48 cents and ended with 118,000 units changing hands at $6.27.


Lasco Distributors lost 30 cents and ended with 216,050 units trading at $7, Lasco Financial rose 30 cents with 16,016 shares changing hands, to end at $4, Lasco Manufacturing closed with 227,140 units changing hands at $5, after losing 8 cents, Main Event gained 48 cents and closed at $4.99 with 27,861 shares changing hands, Medical Disposables traded 4,229, shares to close at $6, Paramount Trading had 13,132 shares changing hands, to close with a rise of 10 cents at $3.80, tTech fell 26 cents and ended with 15,000 units changing hands at $6.75. Derrimon Trading preference share ended with 3,970 units changing hands at $2, Eppley 10% preference share closed trading with 150 units at $6 and Eppley 8.25% preference share closed trading with 7,900 units at $6.
The average volume and value for January, ended at 165,547 units and $884,749.
Jetcon Corporation closed trading with 60,885 shares being exchanged for gain of $1 to end at a 52 weeks’ high of $13, Key Insurance traded 2,415 units to close at $3.50, KLE shed 30 cents and ended trading 18,000 units, to close at $2.70, Lasco Distributors ended with 282,814 units trading with a rise of 48 cents at $6.99. Lasco Financial traded 26,850 shares changing hands, to end at $4.40, Lasco Manufacturing closed with 129,515 units changing hands at $4.50, Main Event had 48,813 shares changing hands, to close at $4.80. Medical Disposables gained 50 cents to close at $6.50 with 8,651 shares changing hands, Paramount Trading ended with 15,960 shares changing hands at $3.79 and tTech lost 31 cents and closed trading with 1,109 units changing hands at $6.50.

At the close of trading, AMG Packaging rose 99 cents to close at $25 with 3,000 units changing hands, C2W Music had 28,317 units changing hands to close at 39 cents, CAC 2000 closed at $7.50 with 7,500 units changing hands, Cargo Handlers traded 15,900 shares and gained 43 cents to end at $24.50. Caribbean Cream closed trading with 33,630 units at $8.40, after gaining by 25 cents. Caribbean Flavours rallied by 81 cents in trading 880 units to end at a 52 weeks’ high of $14.31, Consolidated Bakeries traded 60,141 shares to close at $4.05, Derrimon Trading rose 30 cents to end at a 52 weeks’ high of $7.50 with 1,500 shares changing hands, Dolphin Cove closed trading with 3,660 shares, to end at $20. General Accident closed with 81,000 shares while falling 25 cents to end at $3.85, Honey Bun gained 50 cents with 7,470 shares changing hands, to end at $7.50, Jamaican Teas gained 50 cents in trading 28,000 shares to close at $8.50. Jetcon Corporation closed trading with a 20 cents loss, with 287,475 shares being exchanged, to end at $11, Key Insurance traded 14,000 units, to close with a rise of 50 cents at $3.50,
KLE Group gained 26 cents and ended with 2,000 units changing hands at $2.86. Knutsford Express ended trading with 3,172 units to close at $35, Lasco Distributors ended with 106,350 units trading with a loss of 30 cents at $7, Lasco Financial traded 49,354 shares changing hands, to end with a rise of 25 cents at $4.75, Lasco Manufacturing closed with 5,269,141 units changing hands at $4.95. Main Event gained just 1 cent while 181,750 shares changed hands to close at $4.81, Medical Disposables closed at $7 with 32,100 shares changing hands, Paramount Trading fell 30 cents and ended with 350,551 shares changing hands at $3.50. Sweet River traded just 200 shares at $3.50, tTech rose 41 cents and closed trading with 6,152 units changing hands at $7.61 and Eppley 8.25% preference share, ended with 230,332 units changing hands at $6 after falling by 1 cent.