Junior market set to slip more
The market seems set to fall on Friday with several stocks closing with lower asking prices than the last selling prices. At the close of the market, there were 3 stocks with bids higher than their last selling prices and 7 with lower offers. The junior market ended with 3 securities closing with no bids to buy 6 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Cream finishing with 8,500 units to close with a gain of 1 cent at $1.20 but ended with the offer at $1.15, to sell 130,000 units. Caribbean Producers with 93891 shares trading, closed lower by 15 cents at $3, Consolidated Bakeries finished trading with 3,334 shares to closed unchanged at $2.04, General Accident Insurance concluded trading with 2,000 shares changing hands to close 7 cents lower at $2. Lasco Distributors traded 219,108 shares at $1.65, Lasco Financial Services finished trading with 181,412 units at $1.31. There was dealing in 57,726 Lasco Manufacturing’s shares as the stock traded lower by 7 cent to $1.30.
9 stocks rose on junior martket
At the close of the market, there were 3 stocks with bids higher than their last selling prices and 8 with lower offers. The junior market ended with only 2 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial ending with 3,540 shares changing hands, to close lower by 2 cents at $17, Caribbean Cream closed with 100 shares trading at $1.19 to gain 14 cents, but ended with an offer of 120,000 shares at $1.10. Caribbean Flavours finished trading with 15,774 units to close with a gain of 24 cents at $2.10, Caribbean Producers with 28,511 shares trading, ended higher by 15 cents to a 52 weeks’ high of $3.15, but had an offer of 18,000 units at $3. Consolidated Bakeries traded unchanged at $1, with just 1,045 shares, Derrimon Trading finished with 38,000 shares changing hands and gained 15 cents to $2.15, Dolphin Cove had just 1,398 units changing hands at $10 while losing 75 cents, General Accident Insurance concluded trading with 6,507 shares changing hands, to close 17 cents higher at $2.17. Lasco Distributors traded 21,609 shares, 10 cent higher, at $1.65, Lasco Financial Services finished trading with 60,200 units, the price rose just 1 cent, to $1.31. There was dealing in 22,900 shares of Lasco Manufacturing as the stock traded lower by 3 cents to $1.37, Medical Disposables contributed 34,000 shares with the price rising 10 cents, to $1.90 and Paramount Trading ended trading with 4,000 shares to end with an increase of 4 cents at $3.76.
Junior market inches away from high
Trading picked up on the Junior Market with 10 securities trading, the most for some time, and ended with 1,459,016 units changing hands valued at $$1,840,696. The JSE Junior Market Index rose 12.24 points to close at 836.83, juts 4 points from the all-time high. The price of 5 stocks advanced, none declined with 1 closing at a 52 weeks’ high.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and only 3 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, AMG Packaging ending with 15,100 shares changing hands at $3.30, Caribbean Cream trading 1,020,000 shares at 96 cents for a new 52 days closing high but traded as high as $1.05. Caribbean Producers with 11,000 shares trading, closed higher by 12 cents at $2.90. Consolidated Bakeries traded only 100 units at $1, Derrimon Trading finished with 2,335 shares to close unchanged at $2.04, Jamaican Teas ending trading 12,700 shares to gain 6 cents to $2.61, Lasco Distributors ended with 133,688 shares trading, 3 cents higher at $1.50, Lasco Financial Services finished trading with 19,575 units, the price was unchanged at $1.30. There was dealing in 216,282 Lasco Manufacturing’s shares as the stock traded higher by 1 cent to $1.35 and Eppley 2019 preference share exchanged 28,236 units at $6.
Junior market inches up
At the close of the market, there were 5 stocks with bids higher than their last selling prices and only 1 with a lower offer. The junior market ended with 3 securities closing with no bids to buy and 6 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, AMG Packaging ending with 30747 shares changing hands, 5 cents higher at $3.30, Cargo Handlers finished with 1,500 units with a gain of 25 cents to a new all-time high of $22, Caribbean Cream ended trading with 500,000 shares with an increase of 10 cents at a 52 weeks’ high of 95 cents. Consolidated Bakeries with 100,000 shares traded 6 cents higher at $1, Knutsford Express finished trading with 8,000 shares to closed unchanged at $6. Lasco Distributors traded 235,030 shares trading, 1 cent higher, at $1.47, Lasco Financial Services finished trading with 24,030 units as the price regained 7 cents to $1.30. There was dealing in 52,425 Lasco Manufacturing’s shares as the stock traded lower by 4 cents to $1.30 and Eppley 2019 preference share closed trading 48,700 units at $6.
Junior market within 5 pnts of record
At the close of the market, there were 7 stocks with bids higher than their last selling prices and only 1 with a lower. The junior market ended with 4 securities closing with no bids to buy and 8 that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial traded 7,428 units and added 1 cent to end at $15.10, a new 52 weeks’ high, Cargo Handlers closed at a new 52 weeks high of $21.50 by gaining 50 cents with 20,000 shares trading. Caribbean Cream had 8,000 units changing hands to end 4 cents higher at a new 52 weeks’ high of 85 cents. Caribbean Producers had 2,416,990 shares trading between $2.88 and $3.05, to close 9 cents lower at $2.90. Consolidated Bakeries traded 45,000 shares at 94 cents to gain 12 cents, Dolphin Cove traded 1,000 at a new 52 weeks’ high of $10, Lasco Financial Services had 28,800 units trading and closed at $1.30 and Lasco Manufacturing traded 288,414 shares between $1.35 and $1.50 and closed at $1.35, the stock traded during the day at 52 weeks high.
Juniors still not partying
Activity on the Junior Market closed with 7 securities trading and ending with only 85,855 units changing hands, valued at $268,199. The JSE Junior Market Index declined 4.29 points to close at 739.38. At the close 2 stocks fell and none record a price increase, as investors shun the juniors in favour of the main market stocks.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and 2 with offers that were lower. The junior market ended with 4 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Consolidated Bakeries traded 3,234 shares at 82 cents, Dolphin Cove had 10,000 shares trading at $2.70, Eppley traded just 221 units unchanged at $380, Knutsford Express closed unchanged at $6 with just 300 shares changing hands. Lasco Distributors traded 31,100 shares to close at $1.37 after losing 3 cents, Lasco Financial Services had 40,000 units trading at $1.10 with a fall of 5 cents and Lasco Manufacturing with only 1,000 shares ended at $1.07, but had a bid at $1.15 at the close.
Juniors record no price change
Activity on the Junior Market closed with 5 securities trading and ending with just 67,673 units changing hands valued at a mere $109,559. The JSE Junior Market Index remained unchanged at 732.52, with no prices changing at the close.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and 1 with a lower offer. The junior market ended with 4 securities closing with no bids to buy and 10 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, AMG Packaging had 10,000 shares trading at $2.26, Blue Power closed at $7.51 with 3,400 shares changing hands, Consolidated Bakeries traded 990 shares at 82 cents, Lasco Distributors 10,000 shares traded between $1.43 and Lasco Manufacturing traded 43,283 shares and closed at $1.07.
Low junior market activity on Friday
The Junior Market closed out the week with very low activity as just 3 securities traded compared to 9 on Thursday, ending with 226,263 units changing hands valued at $227,820. The JSE Junior Market Index is up 0.53 points to close at 741.27, with the price of none advancing, 1 declining and 1 remaining unchanged from the last traded prices on Thursday.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and 1 with the offer that was lower. The junior market ended with 5 securities closing with no bids to buy and 11 securities that had no stocks being offered for sale.
Some buyers have backed off their bids with the interested party in AMG Packaging dropping the bid that was at $2.50 up to Thursday. The bid is now back at $2.26 the last price the stock traded at Caribbean Cream closed with the bid for 73,530 shares at 68 cents 3 cents higher than the last price of 65 cents. Offers for the stock are over $1.
Stocks trading in the junior market are, Consolidated Bakeries trading 101,388 shares in closing at 82 cents, Knutsford Express had 896 shares trading at $5.80 and Lasco Manufacturing traded 123,979 units and lost 3 cents to $1.10.