Knustford & Fontana dominate juniors

Knutsford Express stock was the largest trade on the Junior Market on Monday.

Trading on the Junior Market remained elevated again on Monday with an exchange of 10,025,824 units valued at $83,305,040 compared to 16,780,456 units valued at $150,707,233 on Friday.
Trading in shares of Fontana and Knutsford Express accounted for 91 percent of total volume traded. At the close of trading, 23 securities changed hands, resulting in the prices of 9 rising, 8 declining and 6 remaining unchanged, compared to 25 securities changing hands on Friday. The Junior Market index rose 13.13 points to close 3,250.34.
The average trade ended at 435,905 units for an average of $3,621,958 in contrast to 671,218 units for an average of $6,028,289 on Friday. The average volume and value for the month to date amounts to 810,207 units valued at $3,433,396 and previously 859,400 units valued at $3,408,614. In contrast, December ended with an average of 136,222 units at a value of $737,367 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with higher bids than their last selling prices and 3 closing with lower offers.
At the close of the day’s activities, Access Financial closed $2.02 higher at $52, trading 1,200 shares, AMG Packaging ended 1 cent higher at $1.95, with 198,598 stock units trading, Caribbean Cream ended trading 68,821 shares, with a loss of 4 cents at $5.91, Caribbean Flavours traded 7,248 stock units at $19, Caribbean Producers finished trading 5,000 units at $4.96. Consolidated Bakeries closed with a loss of 9 cents at $1.71, with 145,680 shares changing hands, Derrimon Trading ended 25 cents higher at $2.75, with an exchange of 92,550 shares, Elite Diagnostic finished with a loss of 2 cents at $2.85, trading 160,558 stock units.  Everything Fresh lost 9 cents to end trading of 22,115 shares at $1.60, Express Catering settled 2 cents higher at $8.02, with 6,066 units changing hands. Fontana traded 2,462,763 shares and gained 5 cents to close at $3.45, FosRich Group ended trading 2,131 shares 30 cents higher at $3.90, General Accident  traded 2,300 shares at $3.45, GWest Corporation finished trading 5,838 shares at $1.81, Honey Bun closed at $3.75, with an exchange of 8,619 stock units. Indies Pharma  rose 5 cents, to end at $3.15, trading 90,084 shares, Jetcon Corporation  settled 40 cents higher at $3.43, trading 1,000 shares, KLE Group  traded 17,617 units for 5 cents higher at $3.  Knutsford Express  finished trading with a loss of $1.25 at $10.75, with 6,679,341 shares changing hands, as NCB Group continues to unwind their holdings in the company. Lasco Distributors closed with a loss of 10 cents at $3.90, with an exchange of 2,600 shares. Lasco Financial ended with a loss of 10 cents at $4.20, with 35,000 shares traded, Medical Disposables settled at $7, with 10,433 shares changing hands and tTech closed with a loss of 30 cents at $5.90, with 262 units trading.

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

 

Fontana & Dolphin Cove dominate juniors

Dolphin Cove dominated trading.

Trading in Fontana shares was again dominant in the trading on Friday the Junior Market as the price pulled back from Thursday’s close, but Dolphin Cove shared in the spotlight with 47 percent of the volume traded versus 37 per cent for Fontana.
Market activity ended trading with an exchange of 16,780,456 units valued at $150,707,233, compared to 10,552,784 units valued at $39,947,417 on Thursday. At the close of trading, 25 securities changed hands, resulting in the prices of 10 rising, 9 declining and 6 remained unchanged, compared to 22 securities changing hands on Thursday.
The average trade ended at 671,218 units for an average of $6,028,289 in contrast to 479,672 units for an average of $1,815,792 on Thursday. The average volume and value for the month to date amounts to 859,400 units valued at $3,408,614 and previously 890,764 units valued at $2,972,001. In contrast, December ended with an average of 136,222 units at a value of $737,367 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 higher bids than their last selling prices and 3 closing with lower offers.
At the close of the day’s activities, AMG Packaging ended at $1.94, trading 5,512 stock units, Blue Power jumped 76 cents to $5.80, trading 33,806 units, CAC 2000 finished at $18, with 245 shares changing hands, Caribbean Cream ended trading of 69,578 shares and rose 10 cents to $5.95, Caribbean Flavours traded 7,000 stock units at $19. Caribbean Producers finished trading 1 cent higher at $4.96, with 112,023 units, Consolidated Bakeries closed 5 cents higher at $1.80, exchanging 157,000 shares, Derrimon Trading ended at $2.50, with 41,010 shares changing hands, Dolphin Cove concluded trading 7,862,970 shares with a loss of $1.50 at $15. Elite Diagnostic finished with a loss of 8 cents at $2.87, trading of 57,342 stock units, Everything Fresh shed 5 cents to end trading of 39,325 shares at $1.69, Express Catering settled 5 cents higher at $8, with the trading of 39,130 units, FosRich Group ended trading of 9,000 shares with a loss of 15 cents at $3.60. General Accident traded 5 cents higher at $3.45, in exchanging 35,246 shares. Investors reacted negatively to Indies Pharma full year results with lower profits than for 2017 and sold the stock down by 25 cents, to end at $3.10, trading 1,411,221 shares. Jamaican Teas traded 17,740 shares with a loss of 10 cents to close at $4.40, Jetcon Corporation settled with a loss of 1 cent at $3.03, with 133,058 shares changing hands, Key Insurance ended trading of 100 stock units at 10 cents higher to $3.20,  Knutsford Express finished trading of 100,187 shares with a loss of 1 cent at $12. Lasco Distributors closed 20 cents higher at $4, with an exchange of 14,700 shares, Lasco Financial  ended 10 cents higher at $4.30, with the trading of 371,892 shares, Lasco Manufacturing  concluded trading 18 cents higher at $3.98, with 21,195 stock units, Main Event finished at $6.98, trading 200 units and Medical Disposables settled at $7, with 3,475 shares changing hands.

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

Fontana gains 97% from IPO price – Thursday

Fontana traded at a high of $4.20 during the third day of listing on the Junior Market but increased selling brought it down to $3.70 at the close, for a gain of 97 percent from the IPO price of $1.88.
Fontana traded 9,609,205 shares, with a gain of 53 cents, to close at $3.70 and was the major contributor to the volume traded and a 34.26 points rise in the Junior Market Index, to close at 3,276.67.
Trading was down sharply from Wednesday, resulting from an exchange of 10,552,784 units valued at $39,947,417, compared to 24,707,539 units valued at $78,195,277.
Trading ended, with 22 securities changing hands, versus 21 trading on Wednesday, with the prices of 8 rising, 11 falling and 3 remaining unchanged.
The average trade ended at 479,672 units for an average of $1,815,792 in contrast to 1,176,549 units for an average of $3,723,585 on Wednesday. The average volume and value for the month to date amounts to 890,764 units valued at $2,972,001 and previously 961,421 units valued at $3,170,725. In contrast, December ended with an average of 136,222 units at a value of $737,367 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 higher bids than their last selling prices and 6 closing with lower offers.
At the close of the day’s activities, AMG Packaging lost 1 cent and ended at $1.94, trading 267,447 stock units, CAC 2000 finished $1.10 higher at $18, with 2,000 shares changing hands, Caribbean Producers ended with 31,537 stock units changing hands after falling 55 cents to close at $4.95, Consolidated Bakeries traded 31,000 shares at $1.75. Derrimon Trading ended 5 cents higher at $2.50, trading 10,000 shares, Elite Diagnostic finished 10 cents higher at $2.95, with, with an exchange of 33,379 stock units. Everything Fresh shed 6 cents to end trading of 74,781 shares at $1.74, Express Catering ended with a loss of 5 cents at $7.95, with 2,253 units changing hands, FosRich Group ended trading of 63,820 shares at $3.95, with a loss of 5 cents at $7.95, GWest Corporation traded 27,969 and gained 6 cents to close at $1.81. Honey Bun closed with a loss of 10 cents at $3.75, in exchanging 18,500 stock units, Indies Pharma  traded 105,904 shares and rose 15 cents to end at $3.35, Jetcon Corporation  settled with a loss of 16 cents at $3.04, with an exchange of 7,000 shares, KLE Group traded 8,000 units and lost 5 cents at $2.95. Knutsford Express  finished trading of 7,539 shares at $13, Lasco Distributors  fell 9 cents at $3.80, trading 27,240 shares. Lasco Financial  closed at $4.20, with an exchange of 96,350 shares, Medical Disposables fell 10 cents in settling at $7, in exchanging 14,682 shares. Paramount Trading  ended trading with a loss of 15 cents at $2.45, while trading 8,176 shares and Stationery and Office jumped 40 cents to close at $8.40, while exchanging 19,087 shares.

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

 

Fontana jumps 69% to $3.17 – Wednesday

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Fontana Waterloo Road

Fontana traded just 162 shares on the second day of listing on the Junior Market with the price jumped 69 percent to close at $3.17. Trades of 213,616 shares up to $3.55 were canceled at the close of the market.
Trading climbed sharply over Tuesday, resulting from an exchange of 24,707,539 units valued at $78,195,277, compared to 2,386,009 units valued at $16,626,218. Indies Pharma after trading 93 million units on Monday dominated trading on Wednesday with just over 23 million units.
Trading ended, with 21 securities changing hands, the same number trading on Tuesday. The prices of 8 securities rose 6 declined and 7 remained unchanged, leading the Junior Market Index to rise 20.77 points to close at 3,242.41.
The average trade ended at 1,176,549 units for an average of $3,723,585 in contrast to 113,619 units for an average of $791,725 on Tuesday. The average volume and value for the month to date amounts to 961,421 units valued at $3,170,725 and previously 919,199 units valued at $3,062,219. In contrast, December ended with an average of 136,222 units at a value of $737,367 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with higher bids than their last selling prices and 4 closing with lower offers.
At the close of the day’s activities, Access Financial traded 135 shares and fell 57 cents to end at $49.98, AMG Packaging ended at $1.95, trading 70,044 stock units, Cargo Handlers traded 1,845 shares and gained 20 cents to end at a 52 weeks’ high of $15.20, Caribbean Cream exchanged 7,000 shares to close at $5.85. Carib Producers ended with 51,043 stock units changing hands after rising 60 cents to close at $5.50, Consolidated Bakeries traded 6,000 at $1.75, Elite Diagnostic finished 10 cents lower at $2.85, with an exchange of 2,591 stock units. Everything Fresh gained 5 cents to end trading of 15,550 shares at $1.80, Express Catering settled at $8, with 80,696 units changing hands, FosRich Group ended trading at $3.95, with an exchange of 10,100 shares, GWest traded 12,297 but fell 25 cents to close at $1.75. Honey Bun closed with a gain of 5 cents at $3.85, in exchanging 10,500 stock units, Indies Pharma traded 23,234,566 shares at $3.20, Jamaican Teas finished at $4.50, trading 1,000 shares, Lasco Distributors closed with a rise of 9 cents at $3.89, trading 44,583 shares. Lasco Financial ended with a loss of 3 cents to close at $4.20, with an exchange of 51,050 shares, Lasco Manufacturing  concluded trading of 1,036 stock units with a fall of 5 cents to $3.80,  Medical Disposables  rose 10 cents in settling at $7.10, in exchanging 10,000 shares. SSL Venture Capital exchanged 1,075,153 shares to close at $1.95 and Stationery and Office closed at $8, while exchanging 22,188 shares.

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

Indies Pharma trades 93M Junior Market shares – Monday

Indies Pharma traded 93 million shares on the Junior Market on Monday and pushed the day’s volume to 93,801,898 units valued at $301,590,900 compared to 1,085,040 units valued at $5,213,905 on Friday.
Trading ended, with 25 securities changing hands, compared to 25 trading on Friday. The prices of 7 securities rose 9 declined and 9 remained unchanged leading the Junior Market Index to decline 5.34 points to 3,246.78 at the close.
The average trade ended at 3,752,076 units for an average of $12,063,636 on Monday, in contrast to 43,402 units for an average of $208,556 on Friday. The average volume and value for the month to date amounts to 1,115,910 units valued at $3,616,643 and previously 35,515 units valued at $154,760. In contrast, December ended with an average of 136,222 units at a value of $737,367 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with higher bids than their last selling prices and 3 closing with lower offers.
At the close of the day’s activities, AMG Packaging ended trading with 4,447 stock units, changing hands with a loss of 3 cents at $1.87, Cargo Handlers settled at $15, with an exchange of 16,668 shares, Caribbean Cream ended trading 5,955 shares, with a loss of 5 cents at $5.85, Caribbean Flavours traded 1,830 stock units at $19. Caribbean Producers finished trading of 517,615 units with a loss of 10 cents at $4.90, Derrimon Trading ended at $2.45, with 176 shares changing hands, Elite Diagnostic lost 5 cents at $2.85, trading 42,801 stock units, Everything Fresh rose 10 cents to end trading of 71,724 shares to close at $2. Express Catering settled 10 cents higher at $8, with an exchange of 18,240 units, FosRich Group ended trading with 60,860 shares at $3.90. General Accident traded 10,665 shares, with a loss of 9 cents at $3.29, GWest Corporation finished trading of 5,700 shares 30 cents higher at $2, Honey Bun closed at $3.85, with 2,625 stock units changing hands, Indies Pharma lost 15 cents in trading of 92,764,938 shares at $3.10. Jamaican Teas finished 20 cents higher at $4.20, with an exchange of 85,640 shares, Jetcon Corporation jumped 74 cents to $3.34, with 9,500 shares trading, Key Insurance ended trading 20,095 stock units, with a loss of 90 cents to close at $3.10, KLE Group traded 51,833 units at $3, Knutsford Express finished trading at $12.50, with 447 shares. Lasco Distributors closed 10 cents higher at $3.99, in trading 21,600 shares. Lasco Financial ended with a loss of 10 cents at $4.50, with 51,011 shares changing hands, Lasco Manufacturing concluded trading with 23,925 stock units with a loss of 29 cents at $3.70, Main Event finished 1 cent higher at $6.98, with 860 units changing hands and Stationery and Office traded 12,643 shares at $8.10. In the junior market preference segment, CAC 2000 9.5% closed at $1.16, in trading 100 shares.

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

 

Gains for Junior Market start 2019

The Junior Market of the Jamaica Stock Exchange Index rose on the first day of the new year, with the market index rising 17.84 points to 3,264.68, as the price of 10 securities rose 8 declined and 3 remained unchanged.
Trading ended, with 21 securities changing hands, down from 27 securities trading on Monday as 654,796 shares valued at $2,503,977 compared to 903,084 units valued at $3,238,816 1 on Monday.
The average trade ended at 31,181 units for an average of $119,237 in contrast to 33,448 units for an average of $119,956 on Monday. December, ended with an average of 136,222 units at a value of $737,367 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with higher bids than their last selling prices and 4 with lower offers.
At the close of the day’s activity, Access Financial closed with a gain of 8 cent to end at $52.58, with an exchange of 2,598 shares, AMG Packaging ended at $1.90, trading 26,074 stock units, Blue Power concluded trading of 13,025 units with a gain of 19 cents at $5.04, Caribbean Producers rose 25 cents trading 2,948 units at $5. Consolidated Bakeries closed 5 cents higher at $1.75, with 500 shares changing hands, Derrimon Trading lost 3 cents and ended at $2.47, with 34,506 shares being exchanged, Elite Diagnostic finished with a loss of 1 cents at $2.94, with an exchange of 7,441 stock units. Everything Fresh gained 37 cents in trading 25,520 shares to close at $1.90. Express Catering settled at $8.20, trading 3,850 units, FosRich Group ended trading of 13,463 shares, with a rise of 6 cents at $3.86,  General Accident  traded 2,228 shares and lost 20 cents to close at $3.40, Honey Bun fell 28 cents to close at $3.62, with 4,523 stock units changing hands. Indies Pharma  rose 5 cents in trading 16,005 shares to close at $3.25, Jamaican Teas  finished 60 cents down to $3.90, in exchanging 55,680 shares, Jetcon Corporation  settled with rise of 39 cents at $3.43, with 162,415 shares changing hands but only after trading at a 52 weeks’ intraday low of $2.50. KLE Group traded 300 units with a loss of 20 cents to close at $3. Lasco Distributors  lost 9 cents and closed at $3.90, with an exchange of 97,487 shares, Lasco Financial added 25 cents and ended at $4.75, trading 25,500 shares, Lasco Manufacturing  concluded trading of 134,261 stock units, 28 cents higher at $3.98. SSL Venture Capital traded 500 shares to end at $1.95 and Stationery and Office traded 20 cents lower at $8.15, with 25,972 shares changing hands.

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

Junior Market ends 2018 with strong gain

The Junior Market of the Jamaica Stock Exchange Index rose by a strong 64.45 points to close at 3,246.84, a rise of 18.8 percent above the close of 2017 as 5 stocks gained over 100 percent and 4 others gained between 50 to 73 percent for the year.
The year’s performance although not spectacular was far better than the meagre 5.8 percent rise in 2017.
Trading ended on Monday, with 27 securities changing hands, up from 21 securities trading on Friday as the prices of 10 rose, 8 declined and 9 remained unchanged.
Trading closed with 903,084 units valued at $3,238,816 compared to 1,160,581 shares valued at $4,535,714 on Friday. At the close of the market, the Jamaica Stock Exchange reported that Eppley opted to migrate to the exchange main market effective today with all securities now trading on that market.
The average trade ended at 33,448 units for an average of $119,956 in contrast to 55,266 units for an average of $215,986 on Friday. The average volume and value for the month to date amounts to 136,222 units at a value of $737,367, versus 142,866 units at a value of $777,248, previously. November, ended with an average of 190,475 units valued at $653,358 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 higher bids than their last selling prices and just 1 with a lower offer.
At the close of the day’s activity, Access Financial closed $2 higher at $52.50, with an exchange of 12,356 shares, AMG Packaging ended 5 cents higher at $1.90, in trading 35,700 stock units, Blue Power concluded trading of 5,326 units with a loss of 34 cents at $4.85, CAC 2000 finished at $16.90, after 2,533 shares traded. Cargo Handlers rose 90 cents to $15, with 4,000 shares changing hands. Caribbean Cream ended trading a mere 382 shares at $5.82, Derrimon Trading ended at $2.50, with 26,690 shares being exchanged, Dolphin Cove concluded trading of just 100 shares after rising $1.50 to $16.50,  Elite Diagnostic finished with a loss of 5 cents at $2.95, with an exchange of 35,000 stock units. Everything Fresh lost 7 cents in trading 200,000 shares to close at $1.53. Express Catering settled with a loss of 30 cents at $8.20, trading 2,664 units, FosRich Group ended trading of 19,432 shares, with a loss of 6 cents at $3.80,  General Accident  traded 45,193 shares at $3.60,  GWest Corporation  finished trading of 110,629 shares at $1.60. Iron Rock  ended with a loss of 10 cents at $4.90, with 100 units changing hands, Indies Pharma  rose 10 cents in trading 70,468 shares to close at $3.20, Jamaican Teas  finished 50 cents higher at $4.50, in exchanging 2,000 shares, Jetcon Corporation  settled with a loss of 41 cents at $3.04, with 82,400 shares changing hands. KLE Group  traded 16,000 units with a loss of 20 cents to close at $3.20. Knutsford Express  finished trading 1,500 shares and rose $1.20 to $13,  Lasco Distributors  closed at $3.99, with 135,566 shares being exchanged, Lasco Financial ended at $4.50, trading 46,204 shares, Lasco Manufacturing  concluded trading 25 cents higher at $3.70, with 36,612 stock units. Main Event  finished $1.10 higher at $7, with 4,700 units changing hands, Medical Disposables  settled at $6.50, with 5,579 shares and Stationery and Office traded 25 cents higher at $8.35, with 1,950 shares changing hands.

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

IC Top 10 delivered rich 2018 gains

Barita Investments set to be 2018 best performing JSE stock.

With just one trading day left to go, before the 2018 ends, IC Insider.com TOP 10 selections enjoyed some healthy gains during the year, with former top tenner Barita Investments set to top the year with stunning gains of 567 percent. Palace Amusement moved up 159 percent to $1,450 and Salada Foods with 218 percent gain.
In the Junior Market, CAC2000 climbed 160 percent, Caribbean Flavours rose 73 percent and Stationery and Office Supplies gained 64 percent. The TOP 10 also saw others with lesser gains than the above ones. The list includes Caribbean Cement, NCB Financial, Pan Jam Investments, Grace Kennedy, Sterling Investments, with all of them trading at record highs during the year, Iron Rock, Key Insurance and General Accident. The outstanding performer in the Junior Market for 2018, Derrimon Trading was on the TOP 10 list on November 17, last year, but moved to $8 from $6.50 at the end of the following week and then exited the list and climbed in 2018 after a stock split and acquisition of new business.
Lasco Financial is back in the Junior Market list, having fallen to $4.50, so too is Consolidated Bakeries with the price down to $1.75 and Stationery and Office Supplies with a price mow at $8.10. Out goes Medical Disposables, with the price at $7.50 along with Iron Rock and Jamaican Teas. In the main market TOP 10, Sagicor Group returns to the list replacing Sterling Investments that closed the week at $4.09.
The main market and the Junior Market closed the week with the overall PE at 15.9. The PE ratio for Junior Market Top 10 stocks average 9.2 and the main market PE is now 10. The top Junior Market stocks continue to sell at a discount to main market stocks even as the overall average PE for both markets are equal. This is an indication that there may be more gains to be had from these Junior market stocks than those in the main market.
The TOP 10 stocks now trade at an average discount of 42 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be of 20 times earnings. The main market stocks trade at a discount of 37 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.

Junior Market slips on Friday

Trading on the Junior Market of the Jamaica Stock Exchange remained subdued on Friday, with trading with 21 securities changing hands, down from 27 securities that trading on Thursday.
The market closed with the prices of 5 rising, 6 falling and 10 remaining unchanged and leading the Junior Market Index to fall 7.37 points to close at 3,182.39.
Trading closed with 1,160,581 units valued at $4,535,714 changing hands, compared to 678,952 shares, valued at $3,223,519.
The average trade ended at 55,266 units for an average of $215,986 in contrast to 25,146 units for an average of $119,390 on Thursday. The average volume and value for the month to date amounts to 142,866 units at a value of $777,248, versus 147,500 units at a value of $806,936, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with higher bids than their last selling prices and 5 with lower offers.
At the close of the day’s activity, AMG Packaging ended with a loss of 5 cents at $1.85, with 24,274 stock units changing hands, Blue Power concluded trading of 11,330 units with a loss of 31 cents to close at $5.19, Caribbean Cream ended trading at $5.82, with 1,066 shares. Caribbean Producers traded 66,714 units with a loss of 69 cents at $4.75, Derrimon Trading ended at $2.50, in exchanging 104,228 shares, Eppley settled at $9, with 2,452 units changing hands, Everything Fresh rose 20 cents in trading 307,076 shares to close at $1.60. Express Catering ended trading 50 cents higher at $8.50, with an exchange of 203,021 shares, FosRich Group traded 6,000 shares, with a loss of 9 cents to end at $3.86, General Accident rose 10 cents in trading 42,600 shares at $3.60. GWest Corporation closed at $1.60, with 43,187 stock units trading, Honey Bun ended 70 cents higher at $3.90, with an exchange of 3,100 units, Indies Pharma lost 10 cents in trading 21,209 shares to close at $3.10, Jamaican Teas settled with a loss of 70 cents at $4, trading 29,126 shares. Jetcon Corporation  ended trading with 172,189 stock units, and rose 5 cents to $3.45,  Key Insurance  traded 14,000 units at $4,  Lasco Distributors ended at $3.99, with 9,700 shares trading, Lasco Financial  concluded trading at $4.50, with 19,325 stock units, Lasco Manufacturing  finished at $3.45, with an exchange of 11,100 units. Main Event  settled at $5.90, with 45,484 shares trading and Stationery and Office finished trading at $8.10, with 23,400 stock units changing hands.

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

Junior Market in modest gain – Thursday

Trading on the Junior Market of the Jamaica Stock Exchange remained low keyed on Thursday, with low volume and a rise in the market Index by 12.87 points to close at 3,189.76.
Trading ended with 27 securities changing hands with the prices of 10 rising, 10 falling and 7 remaining unchanged. The market closed with 678,952 shares, valued at $3,223,519 changing hands, compared to 1,192,642 units valued at $4,117,828 on Monday, from 25 securities that traded.
Trading ended with an average of 25,146 units for an average of $119,390 in contrast to 47,706 units for an average of $164,713 on Monday. The average volume and value for the month to date amounts to 147,500 units at a value of $806,936, versus 156,428 units at a value of $857,109, previously. November, ended with an average of 190,475 units valued at $653,358 for each se curity traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with higher bids than their last selling prices and 4 with lower offers.
At the close of the day’s activity, AMG Packaging ended trading 5 cents higher at $1.90, with 15,608 stock units changing hands, Blue Power ended trading 10,637 units with a rise of 50 cents to $5.50, Caribbean Cream closed trading of 2,978 shares at $5.82, Caribbean Producers traded 5,092 units at $5.44. Consolidated Bakeries closed with a fall of 20 cents to a 52 weeks’ low of  $1.70, with an exchange of 4,454 shares, Derrimon Trading fell 7 cents and ended at $2.50, with 49,226 shares trading, Dolphin Cove concluded trading of 317 shares but fell $1 to $15, Elite Diagnostic rose 13 cents to finished $3, with 35,425 stock units changing hands, Everything Fresh ended trading 7,930 shares to close at $1.40. Express Catering ended trading 188,327 shares at $8, FosRich Group lost 10 cents to end at $3.95, trading 32,559 shares, General Accident ended trading $3.50 with an exchange of 55,000 shares, GWest Corporation finished trading $1.60 with an exchange of 1,618 shares. Honey Bun closed $3.20 after falling 20 cents as 63,349 stock units traded, Indies Pharma rose 10 cents and ended trading 22,153 shares to close at $3.20, Jamaican Teas jumped 80 cents to end at $4.70, with 5,000 shares changing hands. Jetcon Corporation gained 30 cents to settle at $3.40, with 25,100 shares traded, Knutsford Express fell $1.20 and finished trading 7,653 shares at $11.80, Lasco Distributors rose 19 cents and closed at $3.99, with 27,426 shares changing hands, Lasco Financial ended 53 cents higher to $4.50, trading 7,858 shares. Lasco Manufacturing concluded trading 35 cents higher to $3.45, with the trading of 69,805 stock units, Main Event finished 10 cents down to $5.90, with an exchange of 10,332 units, Medical Disposables lost 20 cents to end at $6.50, with 957 shares trading. Paramount Trading ended trading 45 cents higher to close at $2.90, with an exchange of 12,901 shares, Stationery and Office lost 40 cents, trading 3,417 shares, to close at $8.10 and tTech dropped 60 cents to close $4.59 higher at $4.59, with 130 units changing hands.

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

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