3 new highs for juniors as market gains

November 13, 2015 by

Dolphin Cove traded at an all-time high on Friday

Dolphin Cove traded at an all-time high on Friday

The junior market rose 8.13 points with the index ending at 1,623.70 points to close out the week at a record closing high. Trading closed with 11 active securities 4 of which advanced and 4 declined. A total of 649,691 units, valued at $3,165,918 changed hands. The market ended with 3 stocks closing at new 52 weeks’ high.
Only 3 securities ended with no bids to buy and 10 had no stocks being offered for sale, an indication of chronic supply shortage of junior market stocks. A total of 8 stocks closed with bids higher than the last traded prices and one closed with a lower offer.
In trading, Blue Power traded 100,000 shares and gained 10 cents in closing at $13.10, Caribbean Cream ended with 12,000 shares changing hands at $4.50 with a loss of 10 cents. Caribbean Flavours traded 155,000 units to end with a gain of 10 cents at $5 for a 52 weeks high, Caribbean Producers gained 22 cents and traded 136,000 units at $4.15 for a new 52 weeks’ high as investors continued to respond to good first quarter results, icinsider.com/wp-content/uploads/2015/11/JM-Trade-13-11-15.png”>JM - Trade 13-11-1522855″ />the stock closed without an offer, Consolidated Bakeries ended at $1.90, with 2,000 units changing hands. Dolphin Cove had 26,000 shares changing hands at a new 52 weeks’ high $14.28, for a rise of $1.43, General Accident Insurance traded only 14,000 units at $1.91, KLE Group ended with 12,000 units trading at 65 cents, Lasco Distributors closed with 43,628 shares changing hands, with a fall of 14 cents to $4.31 after trading as high as $4.45. Lasco Financial closed with a decline of 6 cents to $3.25 with a total of 78,563 shares changing hands after trading as high as $3.40, Lasco Manufacturing closed at $4 with 70,500 shares trading.

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Juniors above 1,600 points – highest close

November 12, 2015 by

Caribbean Producers closed at a new high of $3.93 in response to sharply increase Q1 results.

Caribbean Producers closed at a new high of $3.93 in response to sharply increase Q1 results.

The junior market rose 29.59 points to end above the 1,600 points level for the first time with the index ending at 1,615.57 points. Trading closed with 15 active securities 6 of which advanced and 2 declined. A total of 2,728,919 units, valued at $11,219,878 changed hands. The market ended with 3
stocks closing at new 52 weeks’ high.
Only 2 securities ended with no bids to buy and 9 had no stocks being offered for sale, an indication of chronic supply shortage of junior market stocks. A total of 7 stocks closed with bids higher than the last traded prices and none closed with lower offers.
In trading, Access closed with a gain of $1.95 at $13.50, with 4,000 units changing hands, Blue Power traded 4,000 shares in closing at $13, Caribbean Cream ended with 48,753 shares changing hands at $4.60. Caribbean Flavours traded 506,228 units to end with a loss of 1 cents at $4.90, Caribbean Producers gained 52 cents and traded 543,433 units at $3.93 for a new 52 weeks’ high as investors continued to respond to good first quarter results. Consolidated Bakeries ended at $1.90, with 312,000 units changing hands. Derrimon Trading ended with 45,000 shares changing hands and closed at $3.20, Dolphin Cove had 74,000 shares changing hands at $12.85, for a decline of 65 cents, General Accident Insurance traded only 7,500 units at $1.91 for a loss of 5 cents.JM - Trade 12-11-15 Honey bun traded with a gain of 2 cents to end at 52 weeks’ high of $5.30 with 82,748 units changing hands, KLE Group ended with 5,000 units trading at 65 cents, Lasco Distributors closed with 61,595 shares changing hands, with a rise of 5 cents to $4.45 after trading as high as $4.50. Lasco Financial closed with an increase of 6 cents at a new 52 weeks’ closing high of $3.31 with a total of 365,448 shares changing hands after trading as high as $3.50. Lasco Manufacturing closed at $4.03 with 661,204 shares changing hands and Derrimon Trading preference share ended with 8,010 shares changing hands at $2.20.

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

CPJ dominates trade with 190m units

November 11, 2015 by

CPJ dominates junior market trading with 190m units & closed at $3.41

CPJ dominates junior market trading with 190m units & closed at $3.41

The junior market fell 11.19 points to end at 1,585.98 points on Wednesday but only after it crossed over 1,600 points in the morning sessions. Trading closed with 16 active securities 10 of which advanced and one declined. A total of 191,996,801 units, valued at $588,945,055 changed hands. The market ended with 6 stocks closing at new 52 weeks’ high and 1 at 52 weeks’ intraday high.
Only 2 securities ended with no bids to buy and 12 had no stocks being offered for sale, an indication of chronic supply shortage of junior market stocks. A total of 8 stocks closed with bids higher than the last traded prices and none closed with lower offers.
In trading, AMG Packaging closed with a gain of 5 cents at $5.05, with 836 units changing hands at a 52 weeks’ high, Blue Power lost 80 cents in closing at $13, with 1,557 units trading, Caribbean Cream ended with 26,743 shares changing hands at $4.60. Caribbean Flavours traded 5,000 units to end at a 52 weeks’ high of $4.91 after rising 6 cents, Caribbean Producers gained 36 cents and traded 190,020,966 units at $3.41 for a new 52 weeks’ high as investors responded to good first quarter results. 1.9 million was a cross done by Mayberry Investments. Consolidated Bakeries ended at $1.90, with 13,000 units changing hands. Dolphin Cove had 40,000 shares changing hands at $12.85, for a decline of 65 cents, General Accident Insurance traded only 20,000 units at $1.96 for a loss of 4 cents. Jamaican Teas lost 5 cents with 259,350 shares trading, to close at $3.85. KLE Group ended with 101,668 units trading at 45 cents, but the stock closed with a bid of 50 cents to buy 5,000 units. JM - Trade Sheet-11-15.Lasco Distributors closed with 265,410 shares changing hands with a rise of 33 cents to $4.40, after trading as high as $4.65, for a 52 weeks’ intraday high, Lasco Financial closed with an increase of 5 cents at a new 52 weeks’ closing high of $3.25 with a total of 775,710 shares changing hands after trading as high as $3.50. Lasco Manufacturing rose 7 cents to end at 52 weeks’ closing high of $4.03 with 439,426 shares changing hands and Sweet River Abattoir rose by 9 cents in trading 14,500 shares at a 52 weeks’ closing high of $3.95, Derrimon Trading preference share ended with 400 shares changing hands at $2.20 and Eppley 9.5% preference share ended with 13,235 units changing hands at $6.

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

Junior market breaks 1,600

November 11, 2015 by

The Jamaica stock market is off to a relatively slow start on Wednesday morning with the All Jamaican Composite index gaining 451.31 points to 152,639.66 point, the JSE Market Index gained 403.83 points to JSE int 11-11-15137,517.33 the JSE combined index climbed 447.50 points to be at 144,165.19 and the junior market index rose 7.42 points to its highest level of 1,604.59.
The number of securities trading climbed sharply to 33 securities changing hands with a volume of 195,221,088 units as 12 stocks gained and 7 declined after 90 minutes of trading.
Notable trades took place in Cable and Wireless, the stock traded 1,189,730 units up to $1.44 but last traded at $1.35, Mayberry Investments crossed 190 million Caribbean Producers shares at $3.06, Jamaica Broilers traded 2,879,886 units at $9.20, Jamaica Producers traded at $25, in response to good results for the September quarter.

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

Juniors close 3 points shy of 1,600 points

November 10, 2015 by

JM - gph 10-11-15 The junior market rose 32.86 to just 3 points away from the 1,600 point mark at 1,597.17 points on Tuesday as 16 securities were active with 10 stocks advancing and one declined. A total of 1,088,460 units, valued at $4,588,567 changed hands. The market ended with 7 stocks closing at new 52 weeks’ high.
Only 2 securities ended with no bids to buy and 10 had no stocks being offered for sale, an indication of chronic supply shortage of junior market stocks. A total of 7 stocks closed with bids higher than the last traded prices and 3 closed with lower offers.
In trading, Blue Power gained 80 cents in closing at $13.80, with 4,200 units trading. Caribbean Cream ended with 20,000 shares changing hands, at a new 52 weeks’ high of $4.60, to gain 10 cents, Caribbean Flavours traded 87,075 units to end at a new 52 weeks’ high of $4.85, after rising 5 cents, Caribbean Producers traded 79,902 units at $3.05. Consolidated Bakeries rose 10 cents to end at $1.90, with 40,742 units changing hands. Derrimon Trading gained 20 cents, to end with 5,000 shares changing hands at a 52 weeks’ high of $3.20, Dolphin Cove had 26,300 shares changing hands at $13.50, for a rise of 50 cents at a 52 weeks’ high. General Accident Insurance traded only 200 units at $2. The stock ended with an offer at $1.97, to sell 20,000 shares, Honey Bun closed with a mere 454 shares changing hands, to end 8 cents higher at a 52 weeks’ high $5.28, Jamaican Teas rose 5 cents with 33,810 shares trading, to close at $3.90.JM - Trade 10-11-15 KLE Group ended with 1,515 units trading at 45 cents, Lasco Distributors closed with 367,050 shares changing hands with a loss of 43 cents to $4.07, Lasco Financial closed with an increase of 20 cents at a new 52 weeks’ closing high of $3.20 with a total of 219,943 shares changing hands after trading as high as $3.40, Lasco Manufacturing rose 6 cents to end at $3.96 with 196,769 shares changing hands at a new 52 weeks’ high and Derrimon Trading preference share ended with 400 shares changing hands at $2.20.

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

Juniors at a new high of 1,564 points

November 9, 2015 by

Caribbean Flavours traded at a 52 weeks' high of $4.80, being 1 of 4 JM stocks to do so.

Caribbean Flavours traded at a 52 weeks’ high of $4.80, being 1 of 4 JM stocks to do so.

The junior market rose 51.72 to end at 1,564.31 points on Monday as 10 securities were active with 7 stocks advancing and none declined. A total of 1,795,342 units, valued at $7,877,738 changed hands. The market ended with 4 stocks closing at new 52 weeks’ high and 1 at 52 weeks’ intraday high.
Three (3) securities ended with no bids to buy and 10 had no stocks being offered for sale. A total of 6 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, Caribbean Cream ended with 17,500 shares changing hands at a new 52 weeks’ high of $4.50 to gain 15 cents, Caribbean Flavours traded 144,722 units to end at a new 52 weeks’ high of $4.80, after rising 20 cents, Caribbean Producers traded 102,848 units at $3.05.JM - Trade 9-11-15 Consolidated Bakeries rose 15 cents to end at $1.80, with 45,000 units changing hands, Dolphin Cove had 150,150 shares changing hands at $13 after trading as high as $13.50. Jamaican Teas rose 5 cents with 74,015 shares trading, to close at $3.85, KLE Group ended with 6,250 units trading at 45 cents, Lasco Distributors closed with 88,950 shares changing hands with a gain of 50 cents to $4.50, for a new all-time closing high. Lasco Financial closed with an increase of 5 cents at a new 52 weeks’ closing high of $3 with a total of 540,380 shares changing hands and Lasco Manufacturing rose 30 cents to end at $3.90 with 625,527 shares changing hands.

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

Juniors just 8 points from 1,500

November 5, 2015 by

Lasco Distributors closed at a new high on Thursday of $4

Lasco Distributors closed at a new high on Thursday of $4

The junior market just crossed over the 1,400 mark on Wednesday and closed less than 8 points from the 1,500 marks as bulls continue to their forward march. At the close on Thursday the index climbed 4.5 percent or 64.32 to at another record close of 1,492.24. The junior market ended trading in 17 securities as 8 stocks advanced and 4 declined. A total of 2,644,357 units, valued at $8,917,979 changed hands.
The market ended with 4 stocks closing at new 52 weeks’ high, while 3 securities ended with no bids to buy and 11 had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
In trading, AMG Packaging closed with a gain of 15 cents to end at $5 with 10,575 units changing hands, Blue Power closed at $13 with 8,900 units changing hands, Caribbean Flavours traded 410,645 units to end at $4.50, Caribbean Producers traded 467,769 units and ended at $3.05. Consolidated Bakeries gained 15 cents to end at $1.95, with 10,000 units changing hands. Dolphin Cove had 6,739 shares changing hands at $12.50 after rising $1.47, General Accident ended with 37,959 shares changing hands, in closing at $1.90, Honey Bun ended with 14,160 units trading with a gain of 10 cents close at a new 52 weeks’ high of $5.20. Jamaican Teas had 10,501 shares trading, to close at $3.90, Knutsford Express closed with 19,622 shares trading, with a loss of 45 cents at $6.55, KLE Group end with 130,073 units trading at 45 cents for a rise of 1 cent, Lasco Distributors ended with 237,120 shares changing hands and closed with a gain of 45 cents at $4, for a new all-time closing high.JM - Trade 5-11-15 Lasco Financial closed with an increase of 15 cents at a new 52 weeks’ high $2.70, after trading earlier at $2.80, with a total of 774,689 shares changing hands. Lasco Manufacturing fell 10 cents to end at $3.80 with 349,918 shares changing hands, Medical Disposables closed at $3.40 with 108,574 shares trading and lost 10 cents, Paramount Trading ended with 3,102 shares changing hands and gained of 11 cents to $7.21 for a new 52 weeks’ high and Sweet River ended with 44,011 units changing hands at $3.86 after losing 1 cent.

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

Juniors break new ground with fresh high

November 4, 2015 by

Lasco Distributors closed at a new high of $2.55 on Wednesday.

Lasco Distributors closed at a new high of $2.55 on Wednesday.

The junior market broke the 1,400 points level for the first time, just after the market opened on Wednesday morning, after Lasco Manufacturing traded 31,500 units at $3.90 to lift the index by 23.71 to 1,420.07. The junior market ended trading in 12 securities as 4 stocks advanced and 1 declined.
The market index rose 31.56 points to end at a new all-time closing of 1,427.92 and has gained 103 percent since the start of the year. A total of 3,205,139 units, valued at $12,454,599 changed hands.
The market ended with 1 stock closing at new 52 weeks’ high, while 2 securities ended with no bids to buy and 7 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, Access Financial closed at $11.60 with 5,000 units changing hands to end at of $11.55 while gaining $1.05, Caribbean Cream with 1,169,249 shares changing hands ended at $3.95, Caribbean Flavours traded 100,000 units to end at $4.50, Caribbean Producers traded 32,296 units for a rise of 5 cents to end at $3.05. Derrimon Trading ended at $3.10, with 25,070 units changing hands. JM - Trade 4-11-15Dolphin Cove had 80,000 shares changing hands at $11.03 after falling $1.96, General Accident ended with 82,455 shares changing hands, in closing at $1.90, Jamaican Teas had 2,300 shares trading to close at $3.90, Lasco Distributors ended with 554,500 shares changing hands and closed with a gain of 15 cents at $3.55 for a new all-time closing high. Lasco Financial closed with a 10 cents increase at $2.55, after trading earlier at $2.60, with a total of 131,975 shares changed hands and Lasco Manufacturing ended of $3.90 with 872,436 shares changing hands, Medical Disposables closed at $2.55 with 121,858 shares trading and Eppley cumulative preference share 2019, ended with 25,000 units changing hands at $6.07.

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

Juniors up 103% for 2015 to date

November 3, 2015 by

Lasco Manufacturing drink factory, which help push profit & the stock to new highs on Tuesday.

Lasco Manufacturing drink factory, which help push profit & the stock to new highs on Tuesday.

The junior market closed just shy of another milestone of 1,400 points with trading in 12 securities, the market index rose 48.59 points to end at a new all-time closing of 1,396.36 and has gained 103 percent since the start of the year. A total of 4,148,996 units, valued at $12,276,852 changed hands as 9 stocks advanced and 2 declined.
The market ended with 5 stocks closing at new 52 weeks’ high and 2 at an intraday high, while 2 securities ended with no bids to buy and 10 had no stocks being offered for sale. A total of 6 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
In trading, Cargo Handlers closed at $35 with 2,730 units changing hands to end at a new 52 weeks’ high of $35 while gaining $2, Caribbean Cream with 60,000 shares changing hands ended at $3.95 but traded for a new 52 weeks’ high. Caribbean Flavours gained 10 cents while trading 485,543 units to end at $4.50, for a new 52 weeks’ high, Caribbean Producers traded 60,000 units for a rise of 10 cents to end at $3, Consolidated Bakeries traded 15,000 shares, to end at $1.80 with a loss of 10 cents. JM - Trade 3-11-15Derrimon Trading rose 10 cents to end at a new high of $3.10, with only 12,000 units changing hands, General Accident ended with 1,149,000 shares changing hands, in closing at $1.90, after falling 10 cents, Jamaican Teas had 50,000 shares trading to close at $3.90, Knutsford Express had 5,780 shares changing hands at $7 after rising by 50 cents to close at a new 52 weeks’ high. Lasco Distributors ended with 738,362 shares changing hands and closed with a gain of 20 cents at $3.40. Lasco Financial closed with a 15 cents increase at $2.45 after trading earlier at $2.71, with a total of 954,116 shares changed hands and Lasco Manufacturing ended at a new all-time closing high of $3.90 with 663,465 shares changing hands with a rise of 50 cents.

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

Junior at new record close on Friday

October 30, 2015 by

Consolidated Bakeries with their Purity brand closed at a new 52 weeks' high on Friday

Consolidated Bakeries with their Purity brand closed at a new 52 weeks’ high on Friday

The junior market enjoyed wide spread trading as 14 securities were active and the market index rose 13.41 points to end at a new all-time closing of 1,324.96. A total of 4,209,966 units, valued at $13,863,050 changed hands, as 5 stocks advanced and 5 declined.
The market ended with 2 stocks closing at a 52 weeks’ high while 3 securities ended with no bids to buy and 7 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, AMG Packaging closed at $4.80 with 11,653 units changing hands, the company reported big increase in profits after trading closed, with earnings for the full year to August of 78 cents per share, up from 45 cents in 2014. Blue Power had 12,850 shares changing hands at $13, Caribbean Cream with 733,032 shares changing hands ended at $3.40, Caribbean Flavours gained 6 cents while trading 68,950 units at $4.06, Caribbean Producers traded 51,000 units for a loss of 9 cents to end at $3.01. Consolidated Bakeries traded 417,000 shares, to end at $2 with a gain of 10 cents, for a 52 weeks’ high. Derrimon Trading had 71,260 units trading at $2.80 at the close with a loss of 20 cents, Dolphin Cove recovered from the big loss on Wednesday, to end at $13, with a gain of $1.40 on Friday, as 130,300 units changed hands.JM - Trade sht 30-10-15
General Accident ended with 65,155 shares changing hands at $1.70 after falling 20 cents, Knutsford Express traded 778 shares at $6.50. Lasco Distributors with 924,890 shares changing hands and closed with a loss of 30 cents to $3.10. Lasco Financial closed with a 15 cents decline at $2.40 after trading earlier at $2.60. A total of 597,056 shares changed hands, Lasco Manufacturing traded 804,759 shares to end with an increase of 3 cents to $3.43, Medical Disposables ended with 331,133 units changing hands to end with a gain of 50 cents to a new all-time high of $3 and Derrimon Trading 11.75% preference share had just 3,000 units changing hands at $2.20.

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