Trading which dropped sharply on the Junior Market on Monday declined even more on Tuesday with only 401,316 units changing hands down from 671,349 units trading on Monday. Traded valued also declined to $2,286,974 from $3,163,547.
At the close 16 securities traded, up from 21 on Monday with the market index posting a loss of 16.66 points to end at 2,970.41 as the price of 6 stocks advanced and 5 declined. Trading closed with 3 stocks having a higher bids than the last traded price and 3 closing with lower offers.
The Junior Market ended trading with an average of just 25,082 units for an average value of $142,936 compared to 31,969 units for an average value of $150,645 on Monday. The average volume and value for the month to date amounts to 55,788 units valued at $307,527 compared 58,347 units valued at $321,243 previously. 
In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Access Financial Services lost 4 cents to close at $46.01 in trading traded 413 units, CAC 2000 gained 1 cent to end at $6.73 with 10,000 shares trading, Caribbean Producers lost 10 cents and closed trading with 17,628 units, at $3.40, Consolidated Bakeries ended with 29,635 units changing hands, to close at $2.62 General Accident closed trading with 2,960 shares to end at $2.70, Honey Bun . 
lost 14 cents to close trading with 2,000 shares at $5.70, ISP Finance dropped 50 cents and closed with 12,000 units changing hands at $13, Jamaican Teas ended trading 9,700 shares at $4.20, Jetcon Corporation traded 12,961 shares and rose 5 cents to end at $4.54, Knutsford Express traded 750 shares to end at $14.50, after falling 20 cents, Lasco Distributors closed at $6.37 after trading 164,442 units, Lasco Financial ended with 500 shares changing hands to end at $3.60, Lasco Manufacturing fell 3 cents and ended with 117,131 shares trading at $4.77, Main Event rose 32 cents with 3,048 shares trading to end at $5.50, tTech added $2 trading 17,148 units to close at $10 and Eppley 9.5% preference share lost 5 cents to close at $6 with 1,000 units trading.
More declines for Junior Market – Tuesday
Junior Market trading drops sharply – Monday
Trading dropped sharply on the Junior Market on Monday with only 671,349 units changing hands well off the 3,595,987 units trading on Friday. Traded valued also declined to $3,163,547 from $20,377,796.
At the close 21 securities traded, up from 18 on Friday with the market index posting a loss of 21.57 points to end at 2,987.07 as the price of 6 stocks advanced and 11 declined. Trading closed with 5 stocks having a higher bids than the last traded price and 3 closing with lower offers.
The Junior Market ended trading with an average of just 31,969 units for an average value of $150,645 compared to 199,777 units for an average value of $1,132,100 on Friday. The average volume and value for the month to date amounts to 58,347 units valued at $321,243 compared 60,745 units valued at $336,751 previously. 
In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Access Financial Services lost 45 cents to close at $46.05 in trading traded 166 units AMG Packaging fell 25 cents to close at $3.75 with 11,335 units changing hands, Blue Power saw investors buying 2,082 shares at $50, CAC 2000 rose 15 cents to end at $6.72 with 10,000 shares trading, Cargo Handlers dropped 75 cents in trading 3,000 shares to close at $13.75, Caribbean Cream closed trading with 500 units and fell 40 cents to end at $6.60, Caribbean Producers added 49 cents and closed trading with 300,000 units, at $3.50, / Derrimon Trading ended with 2,133 units changing hands, to close at $8 after falling 2 cents. 
General Accident closed trading with 300 shares to end at $2.70, Honey Bun lost 27 cents to close trading with 5,000 shares at $5.84, >ISP Finance dropped 6 cents and closed with 6,700 units changing hands at $13.50, Jamaican Teas gained 20 cents and ended trading 300 shares at $4.20, Jetcon Corporation traded 10,354 shares and rose 19 cents to end at $4.49, Knutsford Express traded 1,700 shares to end at $14.75, after falling 10 cents, Lasco Distributors added 12 cents and closed at $6.37 after trading 115,667 units, Lasco Financial ended with 94,678 shares changing hands to end at $3.60, Lasco Manufacturing rose 10 cents and ended with 6,363 shares trading at $4.80, Main Event dropped 75 cents with 75,392 shares trading to end at $5.18, Medical Disposables ended at $5.50 with 21,679 units trading, and tTech dived $2 trading 2,425 units to close at $8.
ISP Finance and C&W back in TOP 10
Pull back in the prices of several Junior Market stocks, resulted in changes in the TOP 10 junior stocks at the close of the week. The changes took place against the back ground of an unprecedented 5 issues of new shares around the same time in the market.
Some investors are of the view the public issue of shares all coming around the same time, contributed to the softness in the market over the past two weeks.
On Wednesday, this week, IC Insider.com BUY RATED Stationery and Office Supplies (SOS opens to the public for purchase, at a priced of $2 and is expected to close on the same day it opens. Express Catering IPO opened and close last week Wednesday with more than 1,000 applications received.
ISP Finance price dropped to $13.56 during the past week to re-enter the Top 10. Returning back to the TOP 10 are Caribbean Flavours and Lasco Distributors
Moving out of the top list are AMG Packaging, Lasco Manufacturing with the price rising to $4.70 from $4.30 at the close of the previous week and tTech with the price rising 50 cents to a record $10.
In the main market Sagicor Group spent just one week in the top listing with the price moving from$30 at the end of the previous week to end at $33 and is replaced by Cable & Wireless with the price down under $1 at 80 cents, support for the stock is around 75 cents, hence it could bounce back from these levels soon.
NCB Financial Group is worth watching keenly in the days and weeks ahead.
Market movement continues to be constrained by near term resistance points, it does not prevent stocks from moving in either direction, but it will tend to keep prices overall from big movements upwards.
The average PE ratio for the Junior Market Top stocks is down at 6.8 with SOS in at a PE of 5 times 2017 earnings. The PE for the main market holds at 6.7. The average PE for the overall main market, remains at 13 and 12 for Junior Market, based on 2017 estimated earnings.
At the close of the week, IC Insider.com’s TOP 10 Junior Market stocks now trade at an average discount of 43 percent to the Junior Market average, while those in the main market are trading at a 49 percent discount, to the average of the market, leaving stocks with room for growth in the months ahead in the market.
Two stocks to watch are Cable & Wireless with the price around support level and NCB Financial with very limited number of stocks currently being offered.
Junior Market jumps – Thursday
Caribbean Cream ended down with a sharp fall in Q1 profit.
Trading on the Junior Market continues to remain low, with 786,779 units valued $4,004,721 trading, resulting from 17 active securities, up from 14 on Wednesday when 246,438 units valued at $1,330,403 passed through the market.
The market index continued the recovery from the steep fall recently, posting 57.54 points rise to end at 3,040.25 as the price of 7 stocks advanced and 8 declined. Trading closed with 3 stocks having higher bids than their last traded prices and 3 closing with lower offers.
The Junior Market ended trading with an average of only 46,281 units for an average value of $235,572 compared to 17,603 units for an average value of $95,029 on Wednesday. The average volume and value for the month to date amounts to 46,842 units valued at $257,217, compared 46,904 units valued at $259,622 previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Access Financial Services rose 50 cents to close at $46.50 in trading 101 units, Caribbean Cream lost 30 cents and ended at $7 with 115,109 shares trading, after the company posted lower profit in the first quarter ending in May, with earnings of 9 cents per share versus 19 cents in the similar quarter in 2016. Caribbean Producers rose 19 cents and closed trading with 1,416 units to end at $3.69, Consolidated Bakeries closed trading with 62,875 shares and lost 10 cents, to close at $2.62, Derrimon Trading ended with 11,510 units changing hands, to close at $8 after slipping 5 cents. Dolphin Cove jumped $2.50 to end at $20 with 3,095 shares changing hands, General Accident closed trading with 16,215 shares to end at $2.70, after falling 20 cents, 
Honey Bun fell 16 cents to close trading with 6,419 shares to end at $5.54, ISP Finance closed with 263 units changing hands at $16, Jamaican Teas ended trading 139,044 shares, to end at $3.80, Jetcon Corporation traded 1,000 shares and fell 30 cents to end at $4.50, Knutsford Express traded 1,208 shares to end at $15, after falling 49 cents, Lasco Distributors rose 73 cents and closed at $6.98 after trading 201,000 units, Lasco Financial ended with 207,492 shares changing hands and rose 10 cents to end at $3.70, Lasco Manufacturing rose 10 cents and ended with 9,820 shares trading, to close at $4.40, Main Event rose 42 cents with 212 shares trading to end at $5.60, and Paramount Trading ended at $2.99 with 10,000 units trading.
Junior Market breaks fall – Wednesday
Trading on the Junior Market remains very low, with just 246,438 units valued at $1,330,403 trading resulting from 14 securities trading, down from 16 securities on Tuesday.
On Tuesday 405,167 units valued at $2,384,673 passed through the market.
The market index breaks its recent decent, as it is approaches close to a short term support level and rose a mere 3.48 points, to end at 2,982.71, as the price of 1 stock advanced and 3 declined.
Trading closed with 5 stocks having higher bids than their last traded prices and 5 closing with lower offers.
The Junior Market ended trading with an average of only 17,603 units for an average value of $95,029 compared to 11,587 units for an average value of $96,328 on Tuesday. The average volume and value for the month to date amounts to 46,904 units valued at $259,622, compared 50,567 units valued at $280,196 previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Caribbean Cream lost 50 cents and ended at $7.30 with 2,000 shares trading, Caribbean Producers closed trading with 1,647 units to end at $3.50,
Consolidated Bakeries closed trading with 8,000 shares at $2.72, Derrimon Trading closed at $8.05 with 2,387 shares changing hands, Dolphin Cove dropped $2.50 to end at $17.50 with 100 shares changing hands, General Accident closed trading with 1,000 shares to end at $2.90, Honey Bun closed trading with 3,000 shares to end at $5.70, ISP Finance closed with 3,183 units changing hands at $16, Jamaican Teas ended trading 71,714 shares, to close at $3.80, Jetcon Corporation traded 1,054 shares and fell 5 cents to end at $4.80, Lasco Distributors closed at $6.25 after trading 122,492 units, Lasco Financial ended with 17,499 shares changing hands at $3.60, Main Event rose 8 cents with 10,862 shares trading to end at $5.18 and tTech traded 1,500 units to close at $10.
Junior Market down 7% in July
The Junior Market took another big hit on Monday, as trading levels dipped 77 percent below Friday’s levels, with a fall of 66.04 points, the second consecutive day of more than 60 points fall, following the near 69 points loss on Friday.
The latest fall, brings the loss since the start of July to 224 points or 7 percent, with index closing at 2,998.42 points, which is the lowest level since April 18, this year, when the index closed at 2,998.48. The market index is down 11 percent since it peaked at an all-time high of 3,375.24 points on May 24, this year.
Market activity resulted in declining stocks outnumbered advancing ones 8 to 7, as 18 securities were traded versus 19 on Friday. Investors exchanged a mere 405,167 units valued at $2,384,673 compared with 1,798,125 units valued at $9,009,745 on Friday.
Trading closed with 3 stocks having higher bids than their last traded prices and 1 closing with a lower offer.
The Junior Market ended trading with an average of 22,509 units for an average value of $132,482 compared to 94,638 units for an average value of $474,197 on Friday. The average volume and value for the month to date amounts to 65,529 units valued at $357,539 compared with 74,132 units valued at $402,551 previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Access Financial Services lost 30 cents to close at $46.20, trading 1,440 units, AMG Packaging closed at $4 with 3,000 units changing hands, Blue Power saw investors chopped $6 off the price to at $44 with 1,500 units changing hands, Caribbean Cream shed 6 cents to end at $7.80 with 102,300 shares trading, 
Caribbean Flavours ended trading 476 units at $12, after falling by 10 cents, Caribbean Producers closed trading with 132,698 units to end at $3.50 after adding 10 cents, Consolidated Bakeries closed trading with 2,714 shares at $2.72, Dolphin Cove rose by 25 cents to end at $18.25 with 7,021 shares changing hands, Honey Bun closed trading with 9,038 shares to end at $5.70 with a rise of 20 cents, ISP Finance dropped by $2.50 and closed with 800 units changing hands at $16, Jamaican Teas rose 10 cents trading 55,000 shares, to end at $3.90, Jetcon Corporation rose 35 cents to $4.85 with 5,807 shares trading, Knutsford Express traded 8,618 shares and gained 64 cents to end at $15.49, Lasco Distributors shed 80 cents and closed at $6 after trading 9,570 units, Lasco Financial ended with 12,000 shares changing hands at $3.60, Lasco Manufacturing rose 25 cents and ended with 13,400 shares trading, to close at $4.55, Main Event fell 40 cents to end trading 31,659 shares at $5.10 and tTech traded 8,126 units and lost $1 to close at $8.50.
Office supplies’ company heads TOP 10
IC Insider.com BUY RATED Stationery and Office Supplies (SOS) jumped into the TOP 10 Junior Market stocks in the number one position at the close of the past week.
The SOS stock which opens to the public for purchase, starting on the 19th of this month, is priced at $2 and is expected to close on the same day it opens, as sentiments towards it are very positive.
SOS is projected by IC Insider.com to produce earnings of 40 cents per share for 2018 and is expected to benefit from the increased exposure leading up to the listing and the continuing exposure post listing, giving them an added advantage over the competition. Medical Disposables sits second spot and Caribbean Producers is in at the third spot. 
CAC 2000 moved into the TOP 10 with the price having fallen to $6.57 by the end of the week.
The inclusion of SOS and CAC 2000 means that Lasco Distributors and Lasco Finance have been edged out of the Top listing. Express Catering that goes to market on July 12, is priced at a level placing them well outside the top listing.
In the main market Sagicor Group fell to $30 by week end and helped it into the TOP 10 lists edging out Grace Kennedy in the process.
Market movement continues to be constrained by near term resistance levels, it does not prevent stocks from moving in either direction, but it will tend to keep prices overall from big movements upwards.
The average PE ratio for the Junior Market Top stocks remain at 7 even with SOS being added at a PE of 5 times 2017 earnings. The PE for the main market slipped to 6.7 with the sharp fall in prices during the week. The average PE for the overall main market, is down to 13 while it remains at 12 for Junior Market, based on 2017 estimated earnings.
At the close of the week, IC Insider.com’s TOP 10 Junior Market stocks now trade at an average discount of 40 percent to the Junior Market average, while those in the main market are trading at a 49 percent discount, to the average of the market, leaving stocks with room for growth in the months ahead.
Juniors drop 5% for week
At the close of the Junior Market on Friday, the market index shed almost 5 percent as it fell 68.54 points on and 157.79 points for the week, to end at 3,064.46. Advancing stocks outnumbered declining ones, 6 to 5, at the close of trading, for the week.
The market closed with 19 securities versus 16 on Thursday leading to 1,798,125 units valued at $9,009,745 trading, compared with 1,273,040 units valued at $6,292,991 on Thursday.
Trading closed with 7 stocks having higher bids than their last traded prices and 1 closing with a lower offer as the short term desire to sell continued to dominate the market currently.
The Junior Market ended trading with an average of 94,638 units for an average value of $474,197 compared to 67,002 units for an average value of $331,210 on Thursday. The average volume and value for the month to date amounts to 74,132 units valued at $402,551 compared with units 69,006 units valued at $384,639 previously. 
In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Access Financial Services lost 50 cents to close at $46.50, trading 199 units AMG Packaging closed at $4 with 22,679 units changing hands, Blue Power closed at $50 with 862 units changing hands, CAC 2000 shed $1.43 to end at $6.75 with 27,757 shares trading, Cargo Handlers traded 1,259 shares and fell 5 cents to $14.45, Caribbean Flavours ended trading 240 units at $12.10, Caribbean Producers closed trading with 11,400 units to end at $3.40, Consolidated Bakeries closed trading with 12,732 shares at $2.72, Derrimon Trading ended at $8.05 with 132,000 shares changing hands, 
General Accident closed trading with 103,720 shares to end at $2.90, Iron Rock lost 30 cents and closed with 200 units, changing hands at $3.20 Jamaican Teas lost 30 cents trading 9,800 shares, to end at $3.80, Jetcon Corporation shed 55 cents to $4.50 with 804,795 shares trading, Knutsford Express traded 11,582 shares and lost 15 cents to end at $14.85, Lasco Distributors closed at $6.80 after trading 16,000 units, Lasco Financial ended with 68,052 shares changing hands at $3.60 after slipping 20 cents, Lasco Manufacturing fell 40 cents and ended with 535,551 shares trading, to close at $4.30. Main Event gained 50 cents to end trading 31,922 shares at $5.50 and Medical Disposables lost 50 cents and closed at $5.50 with 7,375 units trading.
More declines for Juniors on Thursday
tTech, one of ICI Insider.com top selections for 2017, traded at arecord high of $9.50.
The Junior Market suffered more losses on Thursday with the market index slipping 12.11 points to end at 3,133.00 as advancing stocks were outnumbered by declining ones 9 to 5. Volume traded fell from Wednesday’s 2 million units to 1.27 million shares.
The junior Market closed with 19 securities versus 16 on Wednesday leading to 1,273,040 units valued at $6,292,991 trading, compared with 1,959778 units valued at $11,361,648 on Wednesday.
Trading closed with 4 stocks having higher bids than their last traded prices and 3 closing with lower offers as the short term desire to sell dominates the market currently.
The Junior Market ended trading with an average of 67,002 units for an average value of $331,210 compared to 122,383 units for an average value of $710,103 on Wednesday. 
The average volume and value for the month to date amounts to 69,006 units valued at $384,639 compared with units 69,674 valued at $402,449 previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Access Financial Services gained 50 cents to close at $47, trading 2,070 units AMG Packaging lost 4 cents and closed at $4 with 8,694 units changing hands, Caribbean Cream fell 15 cents in trading 150,867 units to end at $7.86, Caribbean Producers closed trading with 81,274 units but lost 29 cents to end at $3.40, Consolidated Bakeries rose 10 cents in trading 30,000 shares to close at $2.72, Eppley traded 4,009 shares to close at $12.95, General Accident closed trading with 203,693 shares and fell 10 cents to end at $2.90, Honey Bun lost 20 cents and closed with 41,767 units, changing hands at $5.50, 
Jamaican Teas lost 5 cents trading 114,265 shares, to end at $4.10, Jetcon Corporation rose 5 cents to $5.05 with 215,883 shares trading, KLE Group ended at $2.10 with 7,734 shares changing hands, Knutsford Express traded 8,798 shares and lost 80 cents to end at $15, Lasco Distributors rose 30 cents and closed at $6.80 after trading 16,000 units, Lasco Financial ended with 47,663 shares changing hands at $3.80 after rising 5 cents, Lasco Manufacturing fell 20 cents and ended with 305,377 shares trading to close at $4.70. Main Event ended trading 13,350 shares at $5, Medical Disposables closed at $6 with 15,166 units trading, Paramount Trading lost 1 cent to end at $2.99 with 3,350 units trading and tTech traded 3,000 units to gain 99 cents to close at record high of $9.50.
Juniors drop again on Tuesday
The Junior Market lost further ground on Tuesday with the market index slipping 19.51 points, to end at 3,176.44, as advancing stocks just edged out declining ones 7 to 6. Volume traded recovered somewhat from Monday’s low level, to just over 1 million units.
The junior Market closed with 18 securities versus the same number on Monday leading to only 1,057,031 units valued at $6,029,750 trading, compared with 500,614 units valued at $2,920,659 on Monday.
Trading closed with 4 stocks having higher bids than their last traded prices and 6 closing with lower offers as the short term desire to sell dominates the market currently.
The Junior Market ended trading with an average of just 58,724 units for an average value of $334,986 compared to 28,812 units for an average value of $162,259 on Monday. The average volume and value for the month to date amounts to just 43,268 units valued at $248,622 compared with 162,259 units valued at $162,259, previously.
In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, stocks trading and their last traded price are: Blue Power closed at $50 with a mere 800 units changing hands, Cargo Handlers dropped $1.40 in trading 500 shares to end at $14.50, Caribbean Cream dropped 56 cents in trading 168,533 units to end at $7.45, Caribbean Flavours gained 10 cents in trading 560 units to end at $12.10, Caribbean Producers ended trading with 25,160 shares to close at $3.69, C2W Music lost 1 cents in trading 17,385 shares to close at 42 cents, Dolphin Cove recovered the $3 it dropped on Monday and ended at $20 with 5,037 shares trading, Honey Bun gained 27 cents and closed with 5,000 units, changing hands at $5.87, 
Jamaican Teas traded 24.400 shares, to end at $4.20, Jetcon Corporation rose 13 cents and ended at $5.48 with 713,635 shares trading, Key Insurance traded 1,035 shares to end at $3.05. Knutsford Express traded 4,570 shares and rose 80 cents to end at $15.80, Lasco Distributors fell 2 cents and closed at $6.98 after trading 24,253 units, Lasco Financial ended with 1,622 shares changing hands at $3.80, Lasco Manufacturing ended with 4,925 shares trading closed at $4.88 after falling 12 cents. Main Event dropped 70 cents and ended trading 26,572 shares at $5.30, Medical Disposables rose 0 cents and ended at $6 with 30,544 units trading and Paramount Trading rose 2 cents to end at $3.02 with 100 units trading.
