Fontana tops Junior Market trades – Thursday

Fontana Waterloo Road – the company’s stock traded 7.3m units.

This year’s new listing, Fontana continues to trade in large amounts with 7.34 million units trading and contributing to 83 percent of the day’s volume trading when the Junior Market of the Jamaica Stock Exchange closed on Thursday.
Trading ended another day of high volume with an exchange of 8,871,009 units valued at $29,431,464 compared to 3,592,672 units valued at $12,085,054 on Wednesday from trading in 22 securities.
Trading activity pushed the Junior Market Index up by 12.37 points to 3,215.17 with 30 securities trading with the prices of 7 rising, 14 declining and 9 remaining unchanged.
Trading ended with an average of 295,700 units for an average of $981,049 in contrast to 163,303 units for an average of $549,321 on Wednesday. The average volume and value for the month to date amounts to 659,569 units valued at $2,710,697 and previously 703,409 units valued at $2,919,088. 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 just 1 closing with a lower offer.
At the close of the day’s activities, AMG Packaging ended 29 cents higher at $2.52, with an exchange of 200,037 stock units, Blue Power concluded trading of 41,075 units with a loss of 80 cents at $5, Cargo Handlers settled at $15, with 1,307 shares trading. Caribbean Cream ended trading of 105,900 shares with a loss of 50 cents to end at $5.35, Caribbean Flavours traded 5,500 stock units with a loss of 2 cents at $17, Caribbean Producers lost 4 cents to end at $4.96, with 9,917 units trading, Consolidated Bakeries closed 15 cents higher at $2.15, with an exchange of 327,024 shares. Derrimon Trading ended at $2.75, with 1,824 shares changing hands. Dolphin Cove concluded trading of 106,047 shares at $15, Elite Diagnostic finished with a loss of 4 cents at $2.91, with an exchange of 20,051 stock units, Everything Fresh rose 22 cents to end trading of 45,083 shares at $1.87. Express Catering settled with a loss of 60 cents at $7.40, trading 38,845 units, Fontana traded 7,342,905 shares and closed at $3.20, FosRich Group  ended trading 15,321 shares and rose 20 cents higher to $3.90, General Accident traded 4,084 shares and gained 10 cents to end at $3.45, Honey Bun closed at $3.75, with 1,000 stock units trading. Indies Pharma fell 5 cents to end at $3.10, trading 28,797 shares, ISP Finance  concluded trading at $13, with an exchange of 31,895 shares, Jamaican Teas  closed at $4, with 26,665 shares trading, Jetcon Corporation  settled with a loss of 13 cents at $3.30, with 54,920 shares changing hands. Key Insurance  ended trading with a loss of 1 cent at $3.19, with 13,250 stock units, Knutsford Express  finished trading 4,590 shares for $1.40 higher to close at $13,  Lasco Distributors  closed with a loss of 6 cents at $3.70, trading 257,635 shares, Lasco Financial ended 15 cents higher at $4.35, with 49,262 shares changing hands. Lasco Manufacturing concluded trading of 20,338 stock units with a loss of 13 cents to close at $3.70, Main Event finished with a loss of 90 cents at $6, in exchanging 5,920 units, Medical Disposables settled with a loss of 51 cents at $6.50, with 478 shares trading. Paramount Trading ended at $2, with an exchange of 108,433 shares, SSL Venture Capital exchanged 2,000 shares to close at $1.95 and tTech closed at $5.90, with 906 units changing hands.

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

Junior Market trading cools – Wednesday

Trading on the Junior Market of the Jamaica Stock Exchange finished on Wednesday with 22 securities changing hands, resulting in an exchange of 3,592,672 units valued at $12,085,054.
Wednesday’s trading fell sharply from the 11,135,194 units valued at $34,955,488 passing through the market on Tuesday, from trading in 29 securities.
Trading activity pushed the Junior Market Index down by 22.64 points to 3,202.80 with the prices of 9 securities rising, 11 declining and 2 remaining unchanged.
Trading ended with an average of 163,303 units for an average of $549,321 in contrast to 383,972 units for an average of $1,205,362 on Tuesday. The average volume and value for the month to date amounts to 703,409 units valued at $2,919,088 and previously 755,754 units valued at $3,148,757. 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 5 closing with lower offers.
At the close of the day’s activities, Access Financial closed with a loss of $2 at $50, with 6,673 shares trading, AMG Packaging ended 26 cents higher at $2.23, with 62,645 stock units changing hands, Caribbean Cream ended trading 58,493 shares, 15 cents higher to $5.85, Caribbean Producers traded 14,744 units and rose 20 cents higher to $5. Derrimon Trading ended with a rise of 20 cents to $2.75, with 21,049 shares passing through the market, Elite Diagnostic closed at $2.95, with an exchange of 81,386 stock units, Everything Fresh lost 4 cents to end trading of 120,950 shares at $1.65, Express Catering settled at $8, with 87,049 units. Fontana traded 2,808,416 shares and gained 10 cents to close at $3.20, General Accident traded with a loss of 10 cents at $3.35, with 84,366 shares changing hands, GWest Corporation finished trading with a loss of 6 cents at $1.75, with 22,756 shares, Honey Bun closed with a loss of 25 cents at $3.75, with 2,222 stock units. Indies Pharma  rose 5 cents to end at $3.15, trading 69,089 shares, Jetcon Corporation  settled 25 cents higher at $3.43, with an exchange of 4,930 shares. Knutsford Express  finished trading 34,800 shares 10 cents higher at $11.60, Lasco Distributors  closed with a loss of 4 cents at $3.76, with 6,358 shares changing hands, Lasco Financial  ended with a loss of 3 cents at $4.20, in the swapping of 54,759 shares, Lasco Manufacturing  concluded trading 17,762 stock units with a loss of 2 cents at $3.83.  Main Event  finished 90 cents higher at $6.90, with an exchange of 15,103 units, Paramount Trading  ended trading of 10,000 shares with a loss of 15 cents to close at a 52 weeks’ low of $2 and  Stationery and Office  traded 2,381 shares with a loss of 50 cents at $8.50. In the junior market preference segment, CAC 2000 closed with a loss of 6 cents at 52 weeks’ low of $1.10, with 6,741 shares traded.

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

 

Heavy trading in Fontana shares

Fontana Waterloo Road – the company’s stock traded 9.7m units.

Heavy trading in Fontana shares resulted in 9.7 million units crossing the market to dominate the 11 million units passing through the Junior Market on a day when declining stocks beat advancing ones by 60 percent.
Today’s trade in Fontana was the largest since listing earlier this month, just beating the 9.6 million that traded on January 10.
Trading in the market remained elevated again on Tuesday with an exchange of 11,135,194 units valued at $34,955,488, compared to 10,025,824 units valued at $83,305,040 on Monday.
Market activity led the Junior Market Index to decline by 24.90 points to close at 3,225.44 with 29 securities changed hands, resulting in the prices of 10 rising, 16 declining and 3 remaining unchanged, compared to 23 securities changing hands on Monday.
The average trade ended at 383,972 units for an average of $1,205,362 in contrast to 435,905 units for an average of $3,621,958 on Monday. The average volume and value for the month to date amounts to 755,754 units valued at $3,148,757 and previously 810,207 units valued at $3,433,396. 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 4 closing with lower offers.
At the close of the day’s activities, AMG Packaging ended 2 cents higher at $1.97, trading 303,504 stock units, after the company posted quarterly results showing gains of 69 percent in profit from an 11 percent rise in revenues. Blue Power concluded trading of 2,450 units at $5.80, CAC 2000 finished with a loss of 2 cents at $16, with an exchange of 1,838 shares. Cargo Handlers

AMG Packaging stock rose based on a 69% rise in November quarterly profit.

settled with a loss of 20 cents at $15, with 100 shares changing hands. Caribbean Cream ended trading 65,855 shares with a loss of 21 cents at $5.70, Caribbean Producers traded 29,652 units with a loss of 16 cents to close at $4.80, Consolidated Bakeries closed 29 cents higher at $2, with an exchange of 3,200 shares, Derrimon Trading ended with a loss of 20 cents at $2.55, after trading 27,324 shares. Dolphin Cove concluded trading of 100 shares at $15, Elite Diagnostic finished 10 cents higher at $2.95, with 23,579 stock units being exchanged, Everything Fresh added 9 cents to end trading of 46,110 shares at $1.69, Express Catering settled with a loss of 2 cents at $8, trading 85,421 units. Fontana traded 9,706,020 shares and ended declining 35 cents to close at $3.10, FosRich Group ended trading 8,000 shares, with a loss of 20 cents at $3.70, General Accident traded 29,634 shares at $3.45. GWest Corporation finished trading 11,193 shares at $1.81, Honey Bun gained 25 cents to close at $4, with an exchange of 120,638 stock units, Indies Pharma fell 5 cents to end at $3.15, trading 69,453 shares, Jamaican Teas  finished with a loss of 40 cents at $4, with a swapping of 155,568 shares. Jetcon Corporation  settled with a loss of 25 cents at $3.18, trading 73,424 shares, KLE Group  traded 100 units with a loss of 10 cents at $2.90,  Knutsford Express  jumped 75 cents to $11.50 trading 100 shares, Lasco Distributors  closed with a loss of 10 cents at $3.80, with 129,735 shares changing hands. Lasco Financial  ended 3 cents higher at $4.23, trading 33,050 shares, Lasco Manufacturing concluded trading 149,974 stock units with a loss of 13 cents at $3.85,  Main Event finished with a loss of 98 cents at $6, with an exchange of 1,000 units. Medical Disposables settled 1 cent higher at $7.01, trading 1,350 shares, Paramount Trading ended trading 50,822 shares with a loss of 30 cents at $2.15, following release of below par quarterly profit and  Stationery and Office  traded 6,000 shares with a rise of 60 cents to end at $9.

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

Knustford & Fontana dominate juniors

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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.

 

PE expansion highly likely in 2019

An overall view of stocks indicates that the main market continues to be steered higher by an upward sloping support line as well the 45 and 125 day moving averages, lending support just below. The Junior Market is currently guided by an upward rising long-term support line, pointing to more gains ahead.
The market is also supported by a golden cross. The  golden cross is a strong bullish long-term signal. The market needs the fuel of rising profits.
Profit performance, in 2018 was mixed, but helped move some stocks higher, falling interest rates however, pushed up PE ratios to 16.5 times 2018 earnings by year end, up from 14 at the end of 2017. PE ratios on average are set to rise above current levels toward 20 in 2019. The Junior Market has 10 stocks and the main market has 6, trading around and above this level. Investors seem more at ease with higher PE ratio than in the past, with interest rates now around 2 percent and economic stability now in the system.
Local economic performance should have a positive impact on profit of most companies as demand grows in the system from greater employment that is expected to continue growing in 2019 as well as increased disposable income.
Nine IPOs made it to the market in the year with three in December, giving investors more investment choices than in 2017, with even more to come in 2019. ICreate will be the first IPO in 2019, but that is a new company, then Wigton Wind Farm’s IPO will be launched early 2019, but it is not one for all investors, as it is mainly an income play. However,

Junior Market stocks should out perform JSE main market stocks in 2019

there are others, namely, a central Jamaica manufacturing entity with a strong export base, the possibility of a paint company plus one in the BPO sector. IC Insider.com gathers that there are at least another three IPOs, that should make it to the market this year, but the Jamaica Stock Exchange is expecting 21 new listings for the year, including preference shares.
Business mergers and acquisitions are likely as some companies shed smaller segments of their operations and others, getting together for greater economies of scale. Stocks comprise different features. Growth plays an important role in many stock selections; examples are Access Financial Services, Elite Diagnostic, Fontana, Derrimon Trading, Jamaica Producers, Kingston Wharves, NCB Financial, PanJam Investment, Paramount Trading, as they grow by acquisition and expansion of current facilities. Carreras is a value play with good dividend yield along with Grace Kennedy.

Aggressive growth stocks pay big

Stocks of companies that have the potential for active expansions, are likely to do better than those companies relying mainly on agronomic growth.
Investors in these aggressive growth companies may well enjoy slower growth in the early years of a large expansion, but pick up explosive growth in the latter stage of the investment cycle. Smaller companies in strong growth cycle are likely to do better than large companies unless the latter makes a really big expansion.
Listed companies with aggressive growth based on actual or planned expansion are: main market stocks – NCB Financial, Barita Investments, PanJam Investment, Jamaica Broilers, Jamaica Producers, Kingston Wharves, Proven Investments and Seprod. Others in the main market to have above average growth include Jamaica Stock Exchange due to continued new listings and increase in the number of investors coming to the market. Caribbean Cement, who have completed an upgrading of the plant in 2018, Palace Amusement with expansion into Portmore with a new cinema house comprising 4 separate cinemas and Wisynco Group that continues to focus on expanding its range of products either to manufacture or distribute for third parties are three that offer above average growth prospects.
In the Junior Market- Access Financial, Derrimon Trading, Elite Diagnostic, Eppley, Express Catering, Fontana, Indies Pharma, Jamaican Teas, Knutsford Express, Lasco Financial, Lasco Manufacturing, Medical Disposables and Paramount Trading,
Cargo Handlers may not be an aggressive growth company but it has amassed a good pool of cash that will allow it to expand by acquisitions if the directors so desire.

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 list with strong demand – Tuesday

Fontana listed on the Junior Market on Tuesday, accompanied by strong demand to buy more than 17 million shares above $2.43. Attempts to trade the stock above $3.45 did not succeed as they were canceled at the close.
Trading on the market declined sharply from the level on Monday, resulting in an exchange of 2,386,009 units valued at $16,626,218 compared to 93,801,898 units valued at $301,590,900 on Monday.
Trading ended, with 21 securities changing hands, compared to 25 trading on Monday. The prices of 9 securities rose 7 declined and 5 remained unchanged leading the Junior Market Index to decline 25.14 points to close at 3,221.64.
The average trade ended at 113,619 units for an average of $791,725 in contrast to 3,752,076 units for an average of $12,063,636 on Monday. The average volume and value for the month to date amounts to 919,199 units valued at $3,062,219 and previously 1,115,910 units valued at $3,616,643. 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 4 closing with lower offers.
At the close of the day’s activities, AMG Packaging ended 8 cents higher at $1.95, trading 82,200 stock units, Derrimon Trading ended at $2.45, with 33,720 shares changing hands, Elite Diagnostic finished 10 cents higher at $2.95, with an exchange of 98,577 stock units. Everything Fresh lost 25 cents to end trading of 123,750 shares at $1.75, Express Catering settled at $8, with 52,034 units changing hands, FosRich Group ended trading 5 cents higher at $3.95, with an exchange of 1,200 shares. Honey Bun closed with a loss of 5 cents at $3.80, in exchanging 11,000 stock units, Indies Pharma rose 10 cents in trading of 34,124 shares at $3.20, Jamaican Teas finished 30 cents higher at $4.50, trading 500 shares, Jetcon Corporation settled with a loss of 14 cents at $3.20, with an exchange of 10,350 shares. Key Insurance ended trading 500 stock units at $3.10. Knutsford Express  finished trading 15,249 shares and rose 50 cents to end at $13, Lasco Distributors closed with a loss of 19 cents at $3.80, trading 15,800 shares, Lasco Financial  ended with a loss of 27 cents at $4.23, with an exchange of 29,636 shares. Lasco Manufacturing  concluded trading of 7,470 stock units with a rise of 15 cents to $3.85,  Medical Disposables  settled at $7, exchanging 5,000 shares. Paramount Trading  ended in exchanging 5,200 shares and lost 30 cents to close at $2.60,  Stationery and Office  fell 10 cents, in closing at $8, while exchanging 1,813,896 shares and tTech closed $1.61 higher at $6.20, trading 500 units. In the  Junior Market preference segment,  CAC 2000 9.5% closed at $1.16, with 16,303 shares trading.

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.