Caribbean Producers

Big fall for Junior Market

June 6, 2017 by IC Insider.com

Junior Market stocks closed lower on Monday.

The Junior Market lost 1.72 percent of its value at the close on Tuesday with slightly reduced volume going through the market compared to Monday. At the close, 5 stocks advanced and 10 declined with 22 securities traded, compared to 19 on Monday and market index plunged 56.90 points to 3,260.38.
A total of 982,035 units valued $8,762,028 traded, compared to 997,351 units valued $7,021,540 on Monday. At the close of trading, 7 stocks having bids higher than their last sale prices and 1 closed with a lower offer.
The Junior Market ended trading with an average of 44,638 units for an average value of $398,274 compared to 89,906 units for an average value of $369,555, on the previous trading day. The average volume and value for the month to date are 174,272 units valued at $890,827 compared with 217,483 units valued at $1,055,012, previously, In contrast May closed with averages of 89,339 units and $596,722.
At the close of the market, Access Financial Services dropped $5 to close at $45 in trading traded 34,865 units, AMG Packaging gained 25 cents to close at $4.80 with 26,015 units changing hands, Cargo Handlers closed at $17.90 with 152 shares trading, Caribbean Cream traded 96,637 units to end at $7.52 after gaining 2 cents, Caribbean Producers traded 12,508 units at $3.50, Consolidated Bakeries lost 30 cents and ended at $2.60 with 198,337 shares changing hands, Derrimon Trading fell 10 cents and ended at $9.40 with 12,059 shares being exchanged, Eppley had 12,932 units changing hands to close of $12. General Accident closed trading with 20,013 shares to end at $2.90, Honey Bun climbed by 75 cents with 120,000 shares changing hands to close at $6.85, Jamaican Teas lost 25 cents and closed trading with 4,000 shares, at $4.25. Jetcon Corporation ended at $14.88 with 83,340 shares trading, Knutsford Express traded 73,500 shares and dropped 89 cents, in closing at $16,Lasco Distributors added 5 cents and ended trading 64,300 units at $7.25, Lasco Financial fell 5 cents, with 32,500 shares changing hands to end at $4. Lasco Manufacturing fell 4 cents to $4.80 in trading 84,500 shares. Main Event rose 30 cents and ended trading 29,629 shares at $7.20, Medical Disposables ended at $6 with 4,825 units crossing the exchange, Paramount Trading fell 4 cents and ended with 12,200 shares changing hands at $3 and tTech had 5,000 units changing hands at $7.60 after losing 40 cents.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Emerging stock market, Eppley, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Trading Activity, tTech

Berger & Scotia Group jump TOP 10

June 5, 2017 by IC Insider.com

Scotiabank jumped out of TOP 10.

The main market of the Jamaica Stock Exchange, moved forward on each day of the past week except for a fall on Thursday to sit close to the all-time high on Friday. Movement in the Junior Market was up and down but a few stocks traded at new highs during the week.
In the main market, IC Insider downgraded the earnings of Carreras to $9 after the company reported full year results, the stock jumped to a record $89 at the close of the week and is out of the top listing. Carreras exit allowed for Jamaica Broilers to return to the main market listing. Jetcon Corporation returns to the Junior Market list and Lasco Financial moves out of the TOP 10.
The week’s movement continue to be constrained by near term resistance levels which could be acting as short term restraint to a break out from current levels.
The average PE ratio for the Junior Market Top stocks is 7.5 and 6.8 in the main market, these compare favourably with 13.7 for the overall main market and 13.4 for Junior Market, based on 2017 estimated earnings. With several stocks trading below the average, the potential for more gains for the rest of 2017 seems positive, barring any major negative developments.
In the main market, decline in the prices of Seprod down to $30 and Sterling Investments to $15.50 moved them into the top list and replaced Berger Paints and Scotia Group that maintained their prices and are now some distance from the top list.
Recent TOP 10 listings that remain just below the top spots include Access Financial that hit a new record high close of $50 and Blue Power up to $55 at the close of the week.

Filed Under: Buy Rated Tagged With: Access Financial, Barita Investments, Caribbean Cement, Caribbean Producers, Carreras, Emerging market stock, General Accident, ISP Finance, Jamaica Broilers, Jetcon Corporation, JMMB Group, Key Insurance, Lasco Financial, Medical Disposables, NCB Financial, Pulse Investments, Radio Jamaica, Scotia Group, Scotia Investments, tTech

Trading volume drops for Junior stocks

June 5, 2017 by IC Insider.com

Junior Market stocks closed lower on Monday.

The Junior Market closed on Monday with reduced with 997,351 units valued $7,021,540 trading, compared to 5,891,343 units valued $15,986,987 on Friday. At the close 7 stocks advanced and 7 declined with 19 securities traded, compared to 20 on Friday. The market index declined 15.37 points to 3,317.28.
At the close of trading, 4 stocks having bids higher than their last sale prices and 3 closed with lower offers.
The Junior Market ended trading with an average of 89,906 units for an average value of $369,555 compared to 294,567 units for an average value of $799,349, on the previous trading day. The average volume and value for the month to date are 217,483 units valued at $1,055,012 compared with 281,272 units valued at $1,397,740, previously, In contrast, May closed with averages of 89,339 units and $596,722.
the close of the market, Blue Power lost $2 to close at $53 with 696 units changing hands, CAC 2000 rose 2 cents and closed at $7.22 with 4,640 shares trading, Cargo Handlers eased by 10 cents and closed at $17.90 with 1,063 shares trading, Caribbean Flavours traded 1,513 units to end at $12, Caribbean Producers traded 487,000 units at $3.50, Derrimon Trading rose 50 cents and ended at record close of $9.50 with 170,374 shares changing hands, Dolphin Cove fell 2 cents and ended at $19.98 with 983 shares being swapped, General Accident closed trading with 50,000 shares to end at $2.90, Honey Bun climbed by 56 cents with just 9,225 shares changing hands to close at $6.10, Teas closed trading with 2,200 shares, at $4.50. Jetcon Corporation ended at $14.88 with 110,950 shares trading, after adding 88 cents, Knutsford Express traded 81,774 shares and gained 89 cents, in closing at a record high of $16.89, Lasco Distributors lost 30 cents and ended trading 4,127 units at $7.20, Lasco Financial fell 25 cents, with 11,325 shares changing hands to end at $4.05, Lasco Manufacturing fell 23 cents closed at $4.85 in trading 37,127 shares. Main Event lost 10 cents and ended trading 10,531 shares at $6.90, Medical Disposables ended at $6 with 1,407 units crossing the exchange, Paramount Trading rose 3 cents and ended with 12,200 shares changing hands at $3.04 and tTech had just 216 units changing hands at $8 after gaining 49 cents.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, C2W Music, CAC 2000, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Emerging stock market, Eppley, Honey Bun, ISP Finance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Key Insurance, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Sweet River, Trading Activity, tTech

Volume up for Junior stocks

June 2, 2017 by IC Insider.com

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Knutsford Express closed at an all time high of $16 on Friday

The Junior Market closed out the week with more stocks trading on Friday than on Thursday, with less value as the majority of stocks with price movements rose, as one traded at a new high with Lasco Manufacturing accounting for 72 percent of the volume.
The market closed with 7 stocks advancing and 4 declined as a total of 20 securities traded compared to 19 on Thursday. The market index declined 11.38 points to close at 3,332.65 as 5,891,343 units valued $15,986,987 traded compared to 5,091,552 units valued $37,926,494 changing hands on Thursday.
At the close of trading, 9 stocks having bids higher than their last sale prices and none closed with lower offers.
The Junior Market ended trading with an average of 294,567 units for an average value of $799,349 compared to 267,976 units for an average value of $1,996,131, on the previous trading day.

The average volume and value for the month to date are 281,272 units valued at $1,397,740 which are well ahead of May, with averages of 89,339 units and $596,722.
At the close of the market,Blue Powerclimbing $1.50 to close at $55 with 1,978 units changing hands, Cargo Handlers closed at $18 with 210 shares trading,Caribbean Producers lost 10 cents with 687,639 units changing hands at $3.50, Dolphin Cove ended at $20 with 200,855 shares being swapped, Eppley had 8,036 units changing hands to close of $12. General Accident closed trading with 52,468 shares to end at $2.90, Honey Bun dropped by $1.39 with just 240 shares changing hands and closed at $5.54, ISP Finance closed at $28 with 3,300 units, Jamaican Teas climbed 83 cents and closed trading with 82,800 shares, at $4.50. Jetcon Corporation ended at $14 with 39,560 shares trading, KLE Group closed with 1,212 shares trading at $2.02 with a rise of 22 cents. Knutsford Express traded 29,600 shares and gained $1, in closing at a record high of $16, Lasco Distributors rose 50 cents and ended with 164,142 units trading at $7.50, Lasco Financial fell 7 cents, with 25,962 shares changing hands to end at $4.30, Lasco Manufacturing closed at $5.08 in trading 4,217,560 after trading 2,114,373 shares on Thursday. Main Event added 50 cents and ended trading15,903 shares at $7, Medical Disposables ended at $6 with 111,236 units crossing over the exchange, Paramount Trading fell 9 cents and ended with 14,012 shares changed hands at $3.01, tTech had 100,000 units changing hands at $7.51 after gaining 1 cent and Eppley 10% preference share, ended with 134,630 units changing hands at $6.60.

Filed Under: JSE Junior Market, Stock Market Tagged With: Blue Power, Cargo Handlers, Caribbean Producers, Daily Trading, Dolphin Cove, Emerging stock market, Eppley, Honey Bun, ISP Finance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Trading Activity, tTech

Junior stocks trade at new highs

June 1, 2017 by IC Insider.com

The Junior Market enjoyed a day with a positive index move on Thursday as two stocks traded at intraday highs but with closing prices mostly down as 4 advanced and 8 declined as a total of 19 securities traded compared to 20 on Wednesday.
The market index rose 12.13 points to close at 3,344.03 as 5,091,552 units valued $37,926,494 traded compared to 1,267,600 units valued $7,528,786 changing hands on Wednesday. At the close of trading, 7 stocks having bids higher than their last sale prices and 2 with lower offers.
The Junior Market ended trading with an average of 267,976 units for an average value of $1,996,131 compared to 63,380 units for an average value of $376,439, on the previous trading day. May ended with averages of 89,339 units and $596,722.
At the close of the market, Access Financial traded at a new high of $52 but ended at $50 with 13,657 units changing hands, Cargo Handlers lost $1.01 and closed at $18 with 1,000 shares trading,Caribbean Producers lost 19 cents with 258,000 units changing hands at $3.60, Consolidated Bakeries rose 15 cents trading 107,844 shares to close at $2.90, Derrimon Trading rose 25 cents and ended at $9 with 10,000 shares changing hands, Dolphin Cove ended at $20 with 8,555 shares trading, Eppley had 24,915 units changing hands to close of $12, after trading at a new high of $13, General Accident closed trading with 46,733 shares to end at $2.90, Jamaican Teas dropped 33 cents and closed trading with 11,484 shares, at $3.67. Jetcon Corporation lost 80 cents to end at $14 with 1,001,600 shares trading, KLE Group closed with 25,676 shares trading at $1.80 with a loss of 22 cents. Lasco Distributors lost 20 cents and ended with 1,169,175, units trading at $7, Lasco Financial fell 3 cents, with 30,050 shares changing hands, to end at $4.37, Lasco Manufacturing shed 12 cents and closed at $5.08 in trading 2,114,373 shares. Main Event ended trading of 106,775 shares at $6.50, Medical Disposables jumped 85 cents and ended at $6 with 12,393 units trading, Paramount Trading ended with 988 shares changed hands at $3.10, tTech had 126,334 units changing hands at $7.50 and Eppley 10% preference share, ended with 22,000 units changing hands at $6.60 after rising 10 cents.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Emerging stock market, Eppley, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Trading Activity, tTech

Juniors slip but Knutsford at new high

May 31, 2017 by IC Insider.com

Knutsford Express traded at a new high of $15 on Wednesday after the 5 for 11 stock split took effect.

The Junior Market index declined moderately on Wednesday but after Knutsford Express hit a new all-time high of $15 after the stock started trading ex split with investors now having 5 units where they had 1 before.
The market index slipped 12.77 points to close at 3,331.90 to be up 28.5 percent for 2017 to date. A total of 20 securities traded of which 7 advanced and only 4 declined as 1,267,600 units valued $7,528,786 traded compared to 22 securities trading on Tuesday with 2,377,774 units valued $14,077,973 changing hands.
At the close of trading, 8 stocks having bids higher than their last sale prices and 3 with lower offers.
The Junior Market ended trading with an average of 63,380 units for an average value of $376,439 compared to 108,081 units for an average value of $639,908, on the previous trading day. The average volume and value for the month to date are 89,339 units and $596,722 while at the close of the prior trading day it was 90,467 units and $607,211, well below the levels for April with averages of 502,597 units and $2,768,003.
At the close of the market, AMG Packaging fell 44 cents and ended at $4.55 with 2,111 units changing hands, Blue Power closed at $53.50 with 1,330 units changing hands, after climbing $1.50, CAC 2000 lost 80 cents and closed at $7.20 with 3,000 shares trading, Caribbean Cream closed trading with 413,469 units to end at $7.50, after dropping 90 cents, Caribbean Flavours ended trading 1,355 units to end at $12, Caribbean Producers rose 29 cents with 100,407 units changing hands at $3.79, Consolidated Bakeries rose 30 cents trading 6,000 shares to close at $2.75, Eppley had 69,369 units changing hands to close of $12, General Accident closed trading with 19,600 shares to end at $2.90, Honey Bun had just 260 shares changing hands and closed at $6.93 after falling 57 cents, Iron Rock Insurance gained 5 cents in trading 61,538 shares to end at $3.20, Jamaican Teas dropped 69 cents and closed trading with 50,567 shares, at $4. Jetcon Corporation climbed $1.30 to end at $14.80 with 44,161 shares trading, Knutsford Express started trading for the first time after the 5 for 1 stock split and closed with 5,262 shares trading at $15 with a gain of $1.40. Lasco Distributors rose 24 cents and ended with 1,150 units trading at $7.20, Lasco Manufacturing closed at $5.20 in trading 81,983 shares. Main Event fell 70 cents and ended trading of 42,690 shares at $6.50, Medical Disposables dropped 65 cents after posting earnings of 38 cents per share compared to 37 cents in 2016 and ended at $5.15 with 24,215 units trading, Paramount Trading ended with a fall of 20 cents as 344,936 shares changed hands at $3.10 and tTech had 3,665 units changing hands at $7.50.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, CAC 2000, Caribbean Producers, Consolidated Bakeries, Daily Trading, Emerging stock market, Eppley, Honey Bun, Iron Rock Insurance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Trading Activity, tTech

Juniors recover sharply on Tuesday

May 30, 2017 by IC Insider.com

Access jumped $6 to a new high of $50 on Tuesday ahead of release of record profits.

The Junior Market index jumped 60.41 points on Tuesday, 3,344.67 as 22 securities traded of which 10 advanced and only 4 declined as 2,377,774 units valued $14,077,973 traded compared to 903,666 units valued at $5,900,159 changing hands on Monday.
At the close of trading, 6 stocks having bids higher than their last sale prices and 2 with lower offers.
The Junior Market ended trading with an average of 108,081 units for an average value of $639,908 compared to 47,561 units for an average value of $310,535, on the previous trading day. The average volume and value for the month to date are 90,467 units and $607,211 while at the close of the prior trading day it was 89,667 units and $605,576, well below the levels for April with averages of 502,597 units and $2,768,003.
At the close of the market, Access Financial jumped $6 and closed at an all-time high of $50 with 2,500 units changing hands, AMG Packaging rose 19 cents and ended at $4.99 with 21,148 units changing hands, Caribbean Cream closed trading with 300 units to end at $8.40, after gaining 40 cents, Caribbean Flavours lost 5 cents in trading 2,700 units to end at $12, Caribbean Producers had 32,513 units changing hands and remained at $3.50, Consolidated Bakeries dropped 7 cents trading 19,500 shares to close at $2.45, Eppley had 19,015 units changing hands to close of $12, General Accident closed trading with 19,600 shares to end at $2.90, had 13,586 shares changing hands and closed at $7.50 after gaining 50 cents,ISP Finance ended at $28 with 343 units changing hands. Jamaican Teas rose 4 cents and closed trading with 234,436 shares, at $4.69. Jetcon Corporation dropped $1.40 to end at $13.40 with 11,900 shares trading, Key Insurance traded 2,415 units to close at $3.05 after rising 25 cents, Knutsford Express that will start trading with the 5 for 1 stock split on Wednesday, closed with 13,295 shares trading at $68. Lasco Distributors lost 14 cents and ended with 505,170 units trading at $6.96, Lasco Financial gained 35 cents to end with 63,888 shares changing hands at $4.40, Lasco Manufacturing rose 20 cents to close at $5.20 while trading 1,378,624 shares, Main Event ended trading of 9,107 shares at $7.20, Medical Disposables gained 15 cents and ended at $5.80 with 1,000 units trading, Paramount Trading ended with a rise of 50 cents as 17,234 shares changed hands at $3.30 and tTech had 8,700 units changing hands at $7.50 and Derrimon Trading preference share ended with 800 units changing hands to close at $2.20.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Emerging stock market, Eppley, Honey Bun, ISP Finance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Key Insurance, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Trading Activity, tTech

Lower trading clips Juniors on Monday

May 29, 2017 by IC Insider.com

Junior Market stocks closed lower on Monday.

The Junior Market closed down on Monday, with the index slipping 9.31 points compared to a dive of 71.37 points on Friday and ended at 3,284.26 with 19 securities trading, compared to 22 on Friday with reduced volume and value of stocks trading.
At the close of trading, 6 stocks advanced and 7 declined with 903,666 units valued at $5,900,159 changed hands, compared to 2,514,401 units valued at $21,351,143 on Friday. Trading ended with 7 stocks having bids higher than their last sale prices and 4 with lower offers.
The Junior Market ended trading with an average of 47,561 units for an average value of $310,535 compared to 114,291 units for an average value of $970,507, on the previous trading day. The average volume and value for the month to date are 89,667 units and $605,576 while at the close of the prior trading day it was 91,672 units and $621,105, well below the levels for April with averages of 502,597 units and $2,768,003.
At the close of the market, Access Financial climbed $2 and closed at $44 with 7,950 units changing hands, Blue Power ended at $52 with 1,097 units changing hands, CAC 2000 traded only 269 shares to close with a rise of 30 cents at $8, Caribbean Cream closed trading with 8,370 units to end at $8, after falling 40 cents, Caribbean Producers had 119,253 units changing hands, compared more than 3 million units each on Wednesday and Thursday, the price remained at $3.50 at the close, Consolidated Bakeries dropped 48 cents trading 107,952 shares to close at $2.52, strong> Derrimon Trading ended at $8.75 with 12,000 shares changing hands, Eppley had 51,213 units changing hands to close of $12, General Accident fell 10 cents and closed trading with 27,562 shares to end at $2.90 after attempts were made to trade the stock at $1.48 as demand thinned out, the trade was cancelled after the market closed. ISP Finance ended back at $28 with 450 units changing hands, after rising $1.50. Jamaican Teas rose 13 cents and closed trading with 8,000 shares, at $4.65. Jetcon Corporation ended at $14.90 with 30,149 shares trading, Knutsford Express fell $2 and closed with 9,938 shares trading at $68. Lasco Distributors added 5 cents and ended with 90,745 units trading at $7.10, Lasco Financial gained 5 cents to end with 2,881 shares changing hands at $4.05, Lasco Manufacturing lost 20 cents to close at $5 while trading 68,897 shares, Main Event lost 80 cents and ended trading of 48,063 shares at $7.20, Paramount Trading ended with a fall of 25 cents as 200,000 shares changed hands at $2.80 and tTech had 108,877 units changing hands at $7.50.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: CAC 2000, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Emerging stock market, Eppley, ISP Finance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Paramount Trading, Trading Activity, tTech

Berger & Scotia Group drop TOP 10

May 28, 2017 by IC Insider.com

Image courtesy of suphakit73/FreeDigitalPhotos.net

The two main markets of the Jamaica Stock Exchange, pulled back this past week as the volatility in the price of some stocks resulted in shifts in the position of some stocks in the TOP 10. Movements were not enough to change the Junior Market list, even as Caribbean Producers saw a 25 percent fall during the week with heavy volume, the stock enjoyed partial recovery by weekend.
This week’s pull back, seems to support the comment last week, “that both markets are trading close to recent resistance levels which could act as a short term restraint on upward movement.”
In the main market, decline in the prices of Seprod down to $30 and Sterling Investments to $15.50 moved them into the top list and replaced Berger Paints and Scotia Group that maintained their prices and are now some distance from the top list.
The average PE ratio for the Junior Market Top stocks is 7.5 and 6.8 in the main market, these compare favourably with 13.7 for the main market and 13.4 for Juniors, based on 2017 estimated earnings. With several stocks trading below the average, the potential for more gains for the rest of 2017 seems positive, barring any major negative developments.
Recent TOP 10 listings remain just below the top spots with Access Financial, Jetcon Corporation, AMG Packaging, Dolphin Cove, Caribbean Cream and Blue Power sitting just below, with potential gains of more than 100 percent and in the main market, Grace Kennedy and Sagicor Group are just below the Top spots with good potential gains ahead.
The history of the Top stock performance indicates that, it takes a few months for most of the stocks to reach potential targeted prices as they tend not to be the stocks favoured by a large segment of investors, in the short term.
At the close of the week, IC Insider.com’s TOP 10 Junior Market stocks now trade at an average discount of 44 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 several stocks with room for growth in the months ahead.
At the close of the week, bid volumes for junior market stocks remained relatively low ranging from a high of 66,436 units at $5.15 for Lasco Manufacturing with an offer of 16,685 units at $5.20, Access with a bid of 35,425 at $42.50, Caribbean Producers with 34,300 units on the bid at $3.50, with 100,000 shares on offer at $3.80. Key Insurance closed with 15,213 units on the bid at $2.90 and 51,361 offered at $3.80 and Lasco Financial ended the week with a bid of $4.05 to buy 24,000 units with 47,888 units being offered for sale at $4.40.

Seprod shares dropped from $45.10 in February to $30 on Friday.

Caribbean Cement had a bid to buy 54,903 units at $28.50 and offers of 7,850 shares at $29.95. Carreras had just 1,233 units on the bid at $77 with 4,954 shares being offered at $80, JMMB Group’s has bids to buy 8,272 units at $19.80 with an offer to sell 6,224 shares at $20, Radio Jamaica bid ended trading at $1.68 to buy 883 units with 30,000 units on offer at $1.79 while Scotia Investments closed the week with 14,753 units on the bid to buy at $36.50 and 14,049 units offered for sale at $37.85. Interest in Seprod has fallen with only 250 units on the bid at $29.50 and selling of 95,352 units at $30, this is way off from the 52 weeks’ high of $45 the stock sold at late February this year.

Filed Under: Buy Rated, Stock Market, Stocks to watch Tagged With: Access Financial, Barita Investments, Caribbean Cement, Caribbean Producers, Carreras, Emerging market stock, Emerging markets, General Accident, ISP Finance, Jamaica Broilers, Jetcon Corporation, JMMB Group, Key Insurance, Lasco Financial, Medical Disposables, NCB Financial, Pulse Investments, Radio Jamaica, Scotia Group, Scotia Investments, tTech

Juniors index in sharp fall on Friday

May 26, 2017 by IC Insider.com

Knutsford Express traded at a new high of $70 on Friday.

The Junior Market closed down on Thursday, with the index diving 71.37 points to end at 3,293.57 with 22 securities trading, compared to 21 on Thursday. Knutsford Express closed trading at all-time high of $70 with investors responding to the 5 for 1 stock split to take effect next week.
At the close of trading, 7 stocks advanced and 8 declined with 2,514,401 units valued at $21,351,143 changed hands, compared to 5,121,628 units valued at $19,594,786 on Thursday. Trading ended with 7 stocks having bids higher than their last sale prices and 2 with lower offers.
The Junior Market ended trading with an average of 114,291 units for an average value of $970,507 compared to 243,887 units for an average value of $933,085, on the previous trading day. The average volume and value for the month to date are 91,672 units and $621,105, while at the close of the prior day it was 90,541 units and $601,694. The average volume and value for April ended at 502,597 units and $2,768,003.
At the close of the market, AMG Packaging rose 30 cents and closed at $4.80 with 9,516 units changing hands Blue Power rose 25 cents to end at $52 with 600 units changing hands, Caribbean Cream closed trading with 24,704 units to end at $8.40, Caribbean Producers had 31,000 units changing hands compared more than 3 million units each on Wednesday and Thursday, the price rose 30 cents to close at $3.50, Consolidated Bakeries jumped 50 cents trading 236,038 shares to close at $3, strong> Derrimon Trading fell 75 cents and ended at $8.75 with 3,000 shares changing hands, Dolphin Covetraded at an all-time high of $22.50 but by the close of the market, fell $1 from Thursday’s close and ended at $20 with 213,272 shares changing hands, Eppley had 22,931 units changing hands to close of $12, Honey Bun lost 23 cents with 7,459 shares changing hands at $7, ISP Finance ended at $26.50 with 486 units changing hands. Jamaican Teas rose 2 cents and closed trading with 14,000 shares, at $4.52. Jetcon Corporation and ended at $14.90 with 29,293 shares trading, Knutsford Express rose $2 and closed with 13,198 shares trading at an all-time high of $70. Lasco Distributors fell 5 cents and ended with 1,273,645 units trading at $7.05, Lasco Financial ended with 21,248 shares changing hands at $4, Lasco Manufacturing lost 45 cents to close at $5.20 while trading 168,679 shares, Main Event added 25 cents and ended trading of 202,483 shares at $8, Medical Disposables lost 20 cents and ended at $5.65 with 26,755 units trading, Paramount Trading ended with a fall of 5 cents as 36,200 shares changed hands at $3.05, tTech had 385,646 units changing hands at $7.50 and Eppley 8.25% preference share traded 5,000 units at $6.05.