Juniors market at all-time high

July 31, 2015 by

Access_Financial_Services

Access Financial gained big on Friday

The JSE junior market racked up 46.56 points to 942.39 points for a new record high beating the previous high reached of 934.69 on June 10th, this year. The index gained 95.83 point during the week or 11 percent. A total of 10 securities traded with 9 rising and no declining resulting in 891,710 units valued at $2,263,064. The strong movement was aided by Access Financial that jumped to $15.50 from $12.76, Caribbean Producers gaining 50 cents, General Accident and gains in the three Lasco Companies along with a few others.
The market ended with 7 securities trading with 741,698 units changing hands, valued at $2,204,755 and the prices of 4 stocks rising and 2 declining.
At the close, the junior market had 6 stocks having bids higher than their last selling prices, 2 with lower offers. 6 securities closed with no bids to buy, while 8 had no stocks being offered for sale.
Stocks trading are, Access Financial gained $2.74 to close at $15.50 but with a small volume of 360 units, AMG Packaging traded 1,191 units with the price rising 10 cents to JM 31-7-15
$3.60, Caribbean Cream had 3,000 shares trading, firm at $2.05, Caribbean Producers gaining 50 cents, with 1,000 shares. Derrimon Trading ended with 10,000 units gaining 7 cents to close at $2.15, General Accident had 380,372 shares changing hands for a gain of 3 cents to end at $1.79, Lasco Distributors traded 28,397 shares to close at $1.71, up 6 cents, the stock closed with low supply to sell at $1.74 and $2.13. There are only 4 offers in the market amounting 70,000 units. Lasco Financial Services traded 1,400 units and gained 3 cents to end at $1.55, Lasco Manufacturing with 29,390 shares trading, closed 4 cents higher at $1.64, for anew 52 weeks high and Epply 9.5 percent preference share traded 166,600 units at $6.02, for a 1 cents gain.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , ,

Paramount Trading’s big trade

July 1, 2015 by

Paramount_building Paramount Trading dominated the junior market with 10,549,936 shares changing hands at $6. Activity closed with 9 securities trading and ended with 11,106,761 units changing hands valued at $64,567,505. The JSE Junior Market Index declined 18.58 points close at 896.19. The market ended with the prices of 4 stocks advancing, 5 declining with 2 closing at 52 weeks’ high and 1 at a new low.
At the close of the junior market was flashing weak signals for Wednesday with 3 stocks having bids higher than their last selling prices, 4 with lower offers and 4 securities closing with no bids to buy while only 3 had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial Services closing with 28,700 shares gained 8 cents to close at $11.10, Blue Power ending with 8,901 units changing hands to close at $9.50, Caribbean Flavours trading 2,000 shares to close at $2.53 after losing 2 cents. Caribbean Producers traded 2,000 shares at $2.80, Dolphin Cove trading only 1,250 units at $12 for a loss of $1,JM - 1-7-15 at the close Lasco Distributors sold 304,274 shares and gained cents 1 cents at $1.70. Lasco Financial Services traded 69,700 shares and lost 13 cents to end at $1.80, Lasco Manufacturing had 140,000 shares changing hands at $1.36 and lost 9 cents at the end.
Caribbean Cream did not trade but remained under pressure closing with 75,800 units on offer at $1.55, 5 cents below the last traded price with the bid at $1.25, to buy 126,643 units, while offers are at $160, $1.70 up to $2.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , ,

Cargo Handlers keep on sailing away

June 30, 2015 by

CAR H 2015-06-26 Activity on the Junior Market was moderate and closed with 11 securities trading and ended with only 347,331 units changing hands valued at $1,016,457. The JSE Junior Market Index advanced 15.05 points close at 914.77. The market ended with the prices of 4 stocks advancing, 5 declining with Cargo Handlers closing at 52 weeks’ high.
At the close of the junior market was flashing weak signals for Wednesday with 4 stocks having bids higher than their last selling prices, 5 with lower offers and 5 securities closing with no bids to buy while only 3 had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial Services closing with 5,951 shares trading 2 cents up at $11.02, AMG Packaging ending with just 200 units changing hands to close 1 cent lower at $3.19 but had an offer at $3.15 at the end to sell 27,775 shares. Cargo Handlers recorded yet another all-time high in trading 9,342 units $1.50 higher to close at $30, Caribbean Cream traded 1,000 units at $1.60, Caribbean Flavours trading 16,581 shares to close at $2.53 after losing 2 cents, JM 30-6-15Caribbean Producers traded 5,000 shares and lost 20 cents to $2.80, Dolphin Cove trading only 811 units at $13 for a new high, after gaining 40 cents. At the close Knutsford Express sold 920 shares at $6.10. Lasco Financial Services traded 218,100 shares and gained 12 cents to end at $1.93, Lasco Manufacturing had 26,937 shares changing hands at $1.45 to again 14 cents at the end, Medical Disposables ended at $2.25 with 10,000 shares changing hands with a loss of 5 cents and Derrimon Trading 11.75% preference share closed with a 10 cents loss at $2.40.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , ,

Cargo Handlers new high of $28.50

June 26, 2015 by

CAR H 6-15 Activity on the Junior Market closed with 9 securities trading and ended with 227,627 units changing hands valued at $719,458. The JSE Junior Market Index advanced 5.56 close at 899.90. The market ended with the prices of 5 stocks advancing, 2 declining with 2 closing at 52 weeks’ high.
At the close of the market, there were 2 stocks with bids higher than their last selling prices, 4 with lower offers and 4 securities closing with no bids to buy and 5 that had no stocks being offered for sale.
Stocks trading in the junior market are, AMG Packaging ending with just 100 units changing hands to close 4 cents higher at $3.20 but had an offer at $3.15 at the end. Cargo Handlers recorded yet another all-time high in trading 2,170 units $2.50 higher to close at $28.50 and record a strong gain of 78 percent since the start of the year. Caribbean Cream with 8,757 shares traded at $1.60, Caribbean Producers traded 200,000 shares to gain 20 cents to $3, Consolidate Bakeries landed just 1,000 units but ended atJM 26-6-15 a 52 weeks’ high of $1.25 after posting a gain of 8 cents. Dolphin Cove traded 200 shares to close at $12.60 by shedding 18 cents, Jamaican Teas ended at $4 with 5,000 shares changing hands, Lasco Distributors traded 2,000 shares and declined by 3 cents to end at $1.65 and Lasco Financial traded 8,400 shares but rose 3 cents in closing at $1.93. At the close there was an offer to sell 11,241 units of Lasco Financial at $1.85.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , ,

Juniors below 900 points

June 25, 2015 by

JSE sign Activity on the Junior Market closed with 8 securities trading and ended with 294,026 units changing hands valued at $954,783. The JSE Junior Market Index declined 14.05 on top of a fall of 15.87 points on Wednesday to close at 894.34, the first time it closed below 900 points since crossing over this level on June 3.
At the close of the market, the prices of 2 stocks advanced, 3 declined with 2 closing at 52 weeks’ high and there were 4 stocks with bids higher than their last selling prices, 4 with lower offers and 4 securities closing with no bids to buy and 5 that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial ending with 17,562 units changing hands to close with a loss of $1.50 at $12 Cargo Handlers finished with 10,000 units to close at $26,Caribbean Cream with 3,357 shares traded higher by 1 cent to $1.60,JM 25-6-15 Caribbean Producers traded 6,000 shares and lost 8 cents to $2.80, Dolphin Cove trading 200 shares to close at $12.78 but ended with an offer to sell just 200 shares at $12.60. Honey Bun ended at $2.88 with 20,038 shares changing hands, Lasco Financial traded 152,759 shares but fell 5 cents in closing at $1.90 and Lasco Manufacturing traded 84,000 shares but gained 1 cent to end at $1.31.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , ,

Trading picked up on junior market

June 19, 2015 by

Jamaican Teas is one of 3 stocks closing at 52 weeks' high on Friday.

Jamaican Teas is one of 3 stocks closing at 52 weeks’ high on Friday.

Trading on the junior market ended with 13 securities trading, and with 973,318 units changing hands valued at $2,695,211. The JSE junior market index gained 5.30 points to close at 918.26, with the price of 8 stocks advancing, 4 declining with 3 closing at 52 weeks’ high.
At the close of the market, there were 2 stocks with bids higher than their last selling prices, 2 with lower offers and 5 securities closing with no bids to buy and 6 that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial lost 35 cents to close at $15.50 while trading 100 shares, AMG Packaging ending with 1,233 shares changing hands to close unchanged at $3.16, Caribbean Flavours closed with16,581 shares trading at $2.30, while gaining 21 cents. Caribbean Producers with 76,978 shares trading, ended lower by 12 cents to $2.88, Consolidated Bakeries finishing trading with 33,200 shares, the price inched up 1 cent to a 52 weeks’ high of $1.18 at the end. JM 19-6-15
Dolphin Cove closed trading with 11,167 shares at a new high of $12 after gaining 50 cents, General Accident Insurance concluded trading with 10,590 shares changing hands to close 11 cents higher at $1.67. Jamaican Teas closed trading with 47,930 shares and gained 48 cents for a 52 weeks’ high of $4. Lasco Distributors traded 18,564 shares, 3 cents lower at $1.65, Lasco Financial Services in trading with 432,000 units, gained 5 cents to end at $1.95, Lasco Manufacturing in trading 14,349 shares, ended 8 cents higher at $1.40, but closed with an offer to sell at $1.37 and Paramount Trading ended with 123,959 shares changing hands with an increase of 11 cents to $5.11.

Filed Under: General Business News, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , ,

Junior market trades up

June 17, 2015 by

Blue Power gained $1 to close at $10.50

Blue Power gained $1 to close at $10.50

Trading on the Junior Market closed with 7 securities trading, resulting in 422,093 units changing hands valued at $977,423. The JSE Junior Market Index gained 3.94 points to close at 911.13, with the price of 4 stocks advancing, none declining and none closing at 52 weeks’ high or low.
At the close of the market, there were 7 stocks with bids higher than their last selling prices and only 3 with lower offers and with 4 securities closing with no bids to buy and 5 securities that had no stocks being offered for sale. The indicator is pointing to the strong probability of more stocks rising on Thursday that declining.
JM 17-6-15Stocks trading in the junior market are, AMG Packaging ending with 6,000 shares changing hands to close unchanged at $3.17, Blue Power closed with 2,000 shares trading at $10.50 to gain $1, Caribbean Producers ended with 116,590 shares trading to close at $3, but traded as low as $2.88. Lasco Distributors with 9,499 shares changing hands, closed unchanged at $1.60, Lasco Financial Services finished trading with 42,272 units, with the price inching up by 1 cent to $2. Lasco Manufacturing had 55,411 changing hands 2 cents higher to $1.32 and Medical Disposables contributed 190,321 shares with the price rising 2 cents, to $2.25.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , ,

4 new highs for junior market

June 10, 2015 by

Paramount is one of fours stocks to close at 52 weeks' high. The stock closed at $5.50 on Wednesday for an all-time high.

Paramount is one of fours stocks to close at 52 weeks’ high. The stock closed at $5.50 on Wednesday for an all-time high.

Trading picked up on the Junior Market with 9 securities trading, and ended with 940,177 units changing hands valued at $2,275,177. The JSE Junior Market Index gained 7.97 points to close at 934.69, with the price of 6 stocks advancing, none declining and 4 closing at 52 weeks’ high, Honey Bun traded at 52 weeks intraday high of $2.96.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and 5 with lower offers. The junior market ended with 4 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Cream traded at a 52 weeks’ high with 10,000 units, 10 cents higher, at $1.65. Caribbean Producers with 330,543 shares trading closed at $3, Dolphin Cove with 2,092 shares changing hands to close higher by 25 cents at a new high of $11.25, Honey bun finishing trading with 83,634 shares to close unchanged at $2.95. JM 10-6-15Jamaican Teas closed with 4,041 shares trading 4 cents higher at $3.54, Lasco Distributors with 21,867 shares trading, unchanged at $1.65, Lasco Financial Services finished trading with 352,000 units, to close with a gain of 3 cents to new a new 52 weeks’ high of $1.98. Lasco Manufacturing end up with 124,000 shares trading 5 cents higher at $1.50 and Paramount Trading ended trading with 12,000 shares to end with an increase of 70 cents to an all-time high of $5.50. At the close Access Financial seems set to fall with an offer at $15.84 to sell 5,951 units well below the last traded price of $16.75.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , ,

Carib Producers tops trading

June 4, 2015 by

CaribbeanProducers(CPJ)600X250 Trading picked up on the Junior Market with 7 securities trading, and ended with 8,635,658 units changing hands valued at $25,070,304 as Caribbean Producers accounts for the majority of the volume and value of trades. The JSE Junior Market Index gained 11.91 points to end at a new closing high of 912.66, with the price of 2 stocks advancing, 1 declining and 1 closing at 52 weeks’ high.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 2 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 8 securities that had no stocks being offered for sale.
JM 4-6-15 chtStocks trading in the junior market are, Caribbean Producers traded 7,617,000 units to close at $2.88, after it traded earlier in the trading session at $3. General Accident Insurance concluded trading with just 5,822 shares changing hands to end at $2, Jamaican Teas ended with 150,000 shares trading unchanged at $3.50, Lasco Distributors traded 322,540 shares at $1.70, Lasco Financial Services finished trading with 216,350 units, 5 cents at an all-time high of $1.86. There was dealing in 69,846 Lasco Manufacturing’s shares as the stock traded lower by 2 cents to $1.38 and Derrimon Trading 9.5% preference share closed trading with 254,100 units at $2.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , ,

All-time high of 900 for Junior Market

June 3, 2015 by

Lasco Financial Services stock closed at a new high of $1.81 on Thursday.

Lasco Financial Services stock closed at a new high of $1.81 on Thursday.

Trading picked up on the Junior market with 11 securities trading and ended with 1,082,691 units changing hands valued at $ 4,067,238. The JSE Junior Market Index gained 12.28 points to close at an all-time high of 900.75, with the price of 7 stocks advancing and 1 declining and 4 closing at 52 weeks’ high.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 2 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
In trading ended with three stocks closing at 52 weeks’ highs while, Access Financial traded just 350 units at $17 but the offer closed at $16.98. Cargo Handlers finished trading with 102,900 units, to close with a gain of 19 cents at a new all-time high of $22.48, the stock closed with a bid at $23 to purchase 100,000 units, Caribbean Cream ended with 237,955 units trading at a new 52 weeks’ high of $2.35. Caribbean Flavours ending with 155,333 shares at $2.08 to gain 8 cents, Caribbean Producers with only 9,671 shares trading lower by 2 cents to $2.78, General JM 03-6-15Accident Insurance concluded trading with 24,200 shares changing hands to close at $2, Lasco Distributors traded 73,366 shares, 4 cents higher at $1.70, Lasco Financial Services finished trading with 277,000 units, the price rose 16 cents to $1.81, for a new all-time high. There was dealing in 43,000 Lasco Manufacturing’s shares as the stock closed unchanged at $1.40, Medical Disposables contributed 143,000 shares with the price rising 5 cents, to $2, Paramount Trading ended with 15,916 shares to increase of 2 cents to $3.97.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , ,