Juniors just shy of the 1,300 mark
The market closed with 5 securities ending with no bids to buy, while 4 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
In trading, Caribbean Cream rebounded with a 20 cents gain and closed at $3.10 with 69,419 shares changing hands. Caribbean Flavours rose 30 cents to $3.80 with 400,000 shares changing hands to close at a new 52 weeks’ high, Derrimon Trading had 54,665 units changing hands to end at $2.30 having lost 3 cents, Dolphin Cove rose 90 cents in trading 19,357 shares, to end at $12.90. Honey Bun ended with 5,000 shares changing hands to gain 8 cents and end at $4.08, KLE Group had 50,000 units changing hands at 43 cents, Lasco Distributors with 28,800 shares changing hands, closed 1 cent higher at $2.87 but traded as high as $3. Lasco Financial lost 19 cents and closed at $2.41 while 439,750 shares changed hands, the stock traded at $2.60 during the day, Lasco Manufacturing traded 228,050 shares to end at $3.30 after trading 19 cents lower.
Juniors up on Thursday with 5 gains
The market ended with 5 securities ended with no bids to buy, while 3 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
In trading, AMG Packaging gained 8 cents to close at $3.88, with 1,072,687 units changing hands, Caribbean Cream fell 8 cents to $3.30 with 2,000 shares changing hands, Caribbean Flavours added 22 cents in trading 10,000 units at an all-time high of $3.30, Caribbean Producers traded 51,678 units and gained of 20 cents to end at $3. Consolidated Bakeries had 169,000 units changing hands at $1.18, Derrimon Trading had 635,700 shares changing hands at $2.30, KLE Group traded 10,000 units at 43 cents. Lasco Distributors rose 29 cents with 20,000 shares changing hands and closed at $2.80, Lasco Financial closed at $2.25 while 156,219 shares changed hands and Lasco Manufacturing traded 100018 shares to end at $3.29 after trading gaining 28 cents.
The JSE enjoying slow Thursday morning
The Jamaica stock market is enjoying a slow morning of trading with only 16 securities being active at 11 am with a volume of 1,157,117 units as 5 stocks gained and 6 declined.
In trading, Caribbean Cement traded at a new 52 weeks’ high of $12 with limited volume as the supply has effective dried up with only one offer at $15. Derrimon Trading had 635,700 shares traded at $2.30, subsequent to 11am Desnoes & Geddes traded at $28.50 for an increase of $3.47.
The All Jamaican Composite index rose 405.74 points to 127,674.61 JSE Market Index rose 397.92 points to 115,213.23, the JSE combined index rose 446.32 points to be at 119,607.39 and the junior market index rose 11.59 points to 1,216.38.
Juniors slip with 2 stocks up 2 down
The junior market closed on Wednesday with the index slipping by just 0.63 points to 980.32 and a total of 2 stocks advancing, 2 declining as 7 securities traded. The market ended with 1,114,636 units, valued at $2,408,864 changing hands.
At the close 4 securities ended with no bids to buy, while 8 had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
In trading, General Accident Insurance ended with 54,405 units changing hands at $1.50, in the process added 3 cents. Honey Bun with 19,883 shares changing hands, closed unchanged at $4.28, Jamaican Teas traded 54,925 units to end at $3.10 but after losing 12 cents. Lasco Distributors with 146,290 units trading, ended with unchanged at $2, Lasco Financial had 3,850 shares changing hands, ended at $1.61, Lasco Manufacturing with 335,283 shares trading, closed at $2.05 with a gain of 5 cents and Derrimon Trading preference share ended with 500,000 shares changing hands to end at $2.20 down 5 cents.
5 junior stocks rise 1 fall on Friday
The junior market ended on Friday with the index rising 5.71 points to 965.51 with indications below showing that Monday should be another day of more stocks rising than declining. A total of 5 stocks advanced, 1 declined with 6 securities trading. The market ended with 1,524,288 units, valued at $3.455 million changing hands.
The market ended with 3 securities with no bids to buy, while 9 had no stocks being offered for sale. A total of 9 stocks closed with bids higher than the last traded prices and 4 closed with lower offers.
In trading, Caribbean Cream traded 20,000 shares and gained 9 cents to close at $1.80, Dolphin Cove traded 4,000 shares at $11.50, General Accident Insurance traded 24,000 units at $1.50 to gain 3 cents, Lasco Financial with 85,750 shares changing hands ended at $1.80. Lasco Manufacturing with 306,414 shares trading closed at $2.05 with a gain of 9 cents, Medical Disposables traded 621,144 shares to close unchanged at $2.50 and Derrimon Trading preference share ended with 463,000 shares changing hands to end at $2.23. The usual trading data was not available after the close on Friday as such the volumes on the bid and offers are for the most part those at 11 am on Friday morning.
6 juniors stocks fall on Monday
The junior market ended on Monday with Caribbean Producers trading over 2 million shares to be the dominant trade. The market closed with the index falling 6.93 points to close at 950.93 as no stock advanced and 6 declined with a total of 8 securities trading. The market ended with 1,136,645 units, valued at $2,179,387 changing hands.
The market ended with 6 securities with no bids to buy, while 7 had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
Stocks trading are, AMG Packaging with 250 shares changing hands at $3.65 while losing 15 cents, Caribbean Cream ending with 440,000 shares changing hands at $1.65, as the price slipped 2 cents, General Accident trading 44,495 shares to end at $1.45, Lasco Distributors with 45,000 shares trading, closed at $1.82 after dropping 13 cents. Lasco Financial ended with 9,600 shares changing hands for a decline of 5 cents at $1.55, Lasco Manufacturing fell 6 cents with 91,400 shares trading at $1.90, Paramount Trading lost 19 cents in trading 900 units in ending at $5.81 and Derrimon Trading 11.75% preference share traded 505,000 units at a 52 weeks’ low of $2.20 after dropping 19 cents.
Carib Producers dominates juniors – Friday
At the close, there are signs that the supply of junior market stocks is on the decline with demand slowly rising, indicators that prices should be rising for a number of stocks while those declining should be less. The market ended with 4 securities with no bids to buy, while 8 had no stocks being offered for sale. A total of 6 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
Stocks trading are, Access Financial with 1,545 shares changing hands at $12.50 while gaining 30 cents, Caribbean Cream ending with 60,000 shares changing hands at $1.67 to gain 2 cents, Caribbean Producers trading 2,169,800 units to close at $2.35, Consolidated Bakeries traded 2,000 shares at $1.20 Derrimon Trading ended with 32,000 shares changing hands, to end at $2.30. Dolphin Cove trading 6,556 units at $11.50. General Accident trading 38,054 shares to end at $1.45, Jamaican Teas with 46,241 shares trading, to close at $3.50, Lasco Financial ended with 990,914 shares changing hands for a decline of 10 cents to $1.60, Lasco Manufacturing fell 4 cents with 80,726 shares trading at $1.96 and Paramount Trading gained 25 cents in trading 200 units in ending at $6.
4 junior stocks fell 0 up on Wednesday
Trading on Wednesday ended with just 1,672,256 units, valued at $3,304,951 changing hands from a total of 8 securities that traded. The price of none stock declined and 4 advanced with the junior market index shedding 7.29 points to close at 983.49.
At the close, 5 securities ended with no bids to buy, while 5 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
Stocks trading are, Caribbean Producers traded 131,644 shares unchanged at $2.50, Derrimon Trading ended with 29,000 shares changing hands at $2.30 after losing 35 cents, Knutsford Express traded just 15,000 shares at $6, Lasco Distributors closed with 263,298 units trading at $1.87. Lasco Financial ended with 677,150 shares changing hands at $1.85, Lasco Manufacturing closed with 549,634 units trading, ended with a gain of 19 cents to end at $2, Paramount Trading ended with 4,273 shares changing hands at $5.75 and Eppley cumulative preference share 2019, ended with 2,257 units changing hands at $6.05.
Quiet day for juniors
Trading on Friday ended with just 496,232 units, valued at $1,411,394 changing hands from a total of 11 securities that traded. The price of 5 stocks declined and 3 advanced with the junior market index losing 2.90 points to close at 966.98.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 5 stocks closed with bids higher than the last traded prices and none closed with lower offers.
Stocks trading are, Access Financial traded 4,840 shares to close with a 18 cents fall to $12.02, Blue Power eased 40 cents to close at $13.60 with 25,000 units trading, Derrimon Trading ended with 15,000 shares changing hands and closed at $2.65, for a gain of 5 cents, Dolphin Cove closed with 1,131 shares changing hands at $12.52, for a 38 cents decline, Honey Bun traded 5,000 units at $3.98, after adding 3 cents. Jamaican Teas had 2,774 shares changing hands, 25 cents higher at $3.50, KLE Group traded unchanged at 50 cents with 5,000 units changing hands, Knutsford Express with 100 shares changing hands ended at $6, Lasco Distributors fell 11 cents to $1.80, after it traded as high as $1.92 and ended with 76,000 units changing hands. Lasco Financial ended with 146,387 shares changing hands at $1.87 and Derrimon Trading 11.75% preference share, ended with 215,000 units changing hands with the price slipping 1 cent to $2.39.