Juniors down on second day of May

I$P hits a new high of $18 on Tuesday.

Trading on the Junior Market of the Jamaica Stock Exchange ended with 19 securities changing hands versus 15 on Monday and the market index falling 37.80 points to end at 3,230.87 but with nearly twice the number of stocks closing higher than lower.
At the close, advancing stocks were ahead of declining stocks 11 to 6 with 2,359,315 units valued at $15,986,987 changing hands compared to 1,736,843 valued at $13,964,419 on Monday. Trading ended with 10 stocks having bids higher than their last sale prices and none with lower offers.
The Junior Market ended trading with an average of 124,174 units for an average value of $841,420 traded, compared to 115,790 units for an average value of $930,961 on the previous trading day. The average volume and value for the month to date are 119,982 units and $886,191. The average volume and value for April ended at 502,597 units and $2,768,003.
At the close of the market, AMG Packaging climbed 87 cents and closed at $4.90 with just 2,655 units changing hands, CAC 2000 rose 10 cents in trading 300 shares at $7.30, Cargo Handlers lost 10 cents in trading 1,000 shares at $20.30, Caribbean Cream closed trading with 22,650 units and gained 40 cents to end at $8, Caribbean Flavours loss $1.50 in trading 7,400 units to end at $11. Caribbean Producers traded 102,302 shares changing hands, to close at $3.75, Derrimon Trading had 2,851 units changing hands to close with a gain of 630 cents at $8.50, Dolphin Cove lost 20 cents and closed trading with 5,100 shares at $20.80, Honey Bun gained 5 cents with 9,711 shares changing hands, to close at $7.55, ISP Finance climbed $1 to end at a 52 weeks’ closing high of $18 with 55,529 units. Jamaican Teas rose 5 cents in trading 137,555 shares, to close at $4.80, Jetcon Corporation rose 10 cents and ended at $13 with 20,675 shares trading, the stock closed with a bid of $13.20 following the release of the company’s annual report, that stated that revenue for the first quarter of 2017 is up 75 percent, with profit more than doubling that of the first quarter of 2016. Key Insurance lost 1 cent in trading 6,031 units to close at $3.89, Knutsford Express rose just 1 cent trading with 559 shares at $41.01, Lasco Distributors ended with 1,020,270 units trading with a rise of 5 cents at $7.25, Lasco Financial ended with 3,000 shares changing hands at $4.60, Lasco Manufacturing fell 20 cents and closed at $5.50 while trading 260,000 shares, Main Event fell 50 cents and ended trading 664,863 shares, to end at $6, Medical Disposables jumped 40 cents and ended at $6 with 36,864 units trading.

Junior market ends April on high

Dolphin Cove closed at a new high on Friday.

Volume on the Junior Market of the Jamaica Stock Exchange remained low but the market ended trading with a gain of 33.08 points, to a record close of 3,256.31 points on Friday and gains of 25.5 percent for the year to date.
At the close, 22 securities traded versus 18 on Thursday with declining stocks outnumbered advancing stocks 7 to 9 with 1,069,397 valued at $6,595,548 changing hands compared to 299,565 valued at $1,802,981 on Thursday.
The Junior Market ended trading with an average of a mere 48,609 units for an average value of $299,798 traded, compared to 16,643 units for an average value of $100,166 on the previous trading day. The average volume and value for the month to date are 502,597 units and $2,768,003. The average volume and value for the month to the previous trading day ended at 527,819 units and $2,905,125. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 11 stocks having bids higher than their last sale prices and 1 ending with a lower offer.
At the close of the market on Friday, AMG Packaging closed with a loss of 1 cent at $4.99 with 43,224 units changing hands, Blue Power jumped $2 to close at $37 with 3,240 units changing hands, CAC 2000 traded 5,000 shares to close with a loss of 70 cents at $7.20, Cargo Handlers traded 1,100 shares to close at $20.10, Caribbean Cream closed trading with 330,000 units and gained 2 cents to end at $7.56, Caribbean Producers ended at $3.75 with 260,414 shares trading, Consolidated Bakeries rose 21 cents with 40,000 shares changing hands, to close at $3.20. C2W Music had 4,000 units changing hands to close with a gain of 6 cents at 43 cents, Dolphin Cove jumped 92 cents and ended at a 52 weeks’ high of $21 with 1,000 shares trading, Honey Bun rose 5 cents with just 100 shares changing hands, to close at $7.55, Jamaican Teas traded 141,771 shares, to close at $4.75, Jetcon Corporation lost 30 cents and ended at $12.70 with 18,700 shares trading, KLE Group slipped 20 cents to end at $2.80 with 17,105 shares changing hands, Knutsford Express closed trading with 12,238 shares at $41, Lasco Distributors rose 50 cents and ended with 33,787 units trading at $7.50, Lasco Financial lost 15 cents and ended with 25,810 shares changing hands at $4.60, Lasco Manufacturing lost 65 cents to close at $5.60 while trading 3,678 shares, Main Event ended trading 70,943 shares, to close at $6, Medical Disposables traded 41,788 shares, lost 40 cents to close at $5.60, Paramount Trading dropped 45 cents to end at $3 with 14,500 units trading and tTech ended with 1,000 units changing hands at $7.45 after falling by 5 cents.

Junior market jumps 53 points

I$P hits a new high on Monday.


Trading on the Junior Market on Monday pushed the market index up sharply 2 percent or 52.89 points, to end at 3,213.63. A total of 1,591,968 shares valued at $9,438,771 traded.
On Friday 105,074,102 units valued at over $530,770,260 changed hands. At the close, on Monday, 21 securities changed hands, with 7 advancing and 6 declining, compared to 17 on Friday.
The Junior Market ended trading with an average of 75,808 units for an average value of $449,465 traded, compared to 6,180,830 units for an average value of $31,221,780 on the previous trading day. The average volume and value for the month to date are 603,081 units and $3,307,605. The average volume and value for the month to the previous trading day ended at 640,744 units and $3,511,758. The average volume and value for March was 137,459 units and $1,313,411.

Trading ended with 9 stocks having bids higher than their last sale prices and 2 ending with lower offers, than their last traded price.
At the close of the market on Friday, AMG Packaging closed at $5.50 with 1,733 units changing hands, Blue Power traded 5,895 shares to close at $20.50, Caribbean Cream rose 48 cents in trading 100,000 units to end at $7.98, Caribbean Flavours ended at $12.50 with 300 shares trading, Caribbean Producers fell 4 cents and ended at $3.71 with 103,007 shares trading, Consolidated Bakeries ended trading with a gain of 6 cents with 27,386 shares changing hands, to close at $2.86. C2W Music had 27,386 units changing hands to close at 37 cents, Dolphin Cove lost 6 cents and ended at $20 with 13,000 shares changing hands, General Insurance lost 10 cents and ended at $3.30 with 5,000 shares trading, Honey Bun had 2,391 shares changing hands, to close with a gain of 15 cents at $7.40, ISP Finance rose 93 cents to end at a 52 weeks’ closing high of $17.03 with 500 units. Jamaican Teas fell 15 cents trading 204,689 shares, to close at $4.85, Jetcon Corporation ended at $12.84 with 19,185 shares trading, Knutsford Express closed trading with 15,275 shares at $41, Lasco Distributors shed 39 cents and ended with 272,184 units trading at $6.90, Lasco Financial jumped 59 cents and ended with 8,800 shares changing hands at $4.75, Lasco Manufacturing closed at $5.75 while trading 583,590 shares, Main Event jumped 60 cents trading 31,673 shares to close at $6, Medical Disposables dropped 20 cents and closed at $6.50 with 19,860 units trading, tTech rose 20 cent, trading 2,500 shares to end at $7.50 and Eppley 9.5% preference shares traded 1,000 units to close at $6.02.

Lasco’s big trade – Friday

Lasco’s ICool drinks.

Lasco Manufacturing traded 102,563,271 units on the Junior Market on Friday pushing total trading to105,074,102 units valued at over $530,770,260 and moved the market index up by 3.49 points, to end at 3,078.74.
On Thursday 4,322,025 units valued at over $20,003,894 that were traded. At the close, on Friday, 17 securities changed hands, with 7 advancing and 7 declining, compared to 23 on Thursday.
The Junior Market ended trading with an average of 6,180,830 units for an average value of $31,221,780 traded, compared to 187,914 units for an average value of $869,735 on the previous trading day. The average volume and value for the month to date are 640,744 units and $3,511,758. The average volume and value for the month to the previous trading day ended at 214,583 units and $1,380,218. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 4 stocks having bids higher than their last sale prices and 4 ending with lower offers, than their last traded price.
At the close of the market on Thursday, AMG Packaging rose 40 cents to close at $5.50 with 15,377 units changing hands, Cargo Handlers traded 209 shares and rose 40 cents to close at $20.50, Caribbean Cream lost 40 cents in trading 6,375 units to end at $7.50, Caribbean Producers rose 1 cent and ended at $3.75 with 14,369 shares trading, Derrimon Trading lost 30 cents and ended at $8.20 with 30,045 shares trading, Honey Bun had 6,129 shares changing hands, to close with a fall of 25 cents at $7.25, Iron Rock Insurance ended at $3 with 19,769 shares changing hands, Jamaican Teas gained 50 cents trading 201,800 shares to close at a 52 weeks’ high of $5, after the stock was split 2 for 1 last week, Jetcon Corporation rose 74 cents to end at $12.84 with 34,483 shares trading, Key Insurance traded 27,977 units to close at $3.05, Knutsford Express closed trading with 8,026 shares at $41, Lasco Distributors gained 49 cents and ended with 2,083,974 units trading at $7.29, Lasco Financial lost 9 cents and ended with 23,367 shares changing hands at $4.16, Lasco Manufacturing gained 75 cents to close at a 52 weeks’ high of $5.75, Main Event dropped 80 cents trading 22,768 shares to close at $5.40, Paramount Trading dropped 45 cents and closed at $3 with 6,000 units trading and tTech lost 20 cent, trading 10,163 shares to end at $7.30.

Junior Market jumps

Main Event hits new high on Thursday.

The Junior Market activity remained at elevated levels on Thursday with both volume and values being just below Wednesday’s levels. Market index jumped 59.04 points, to end at 3,075.25.
Trading resulted in 4,322,025 units valued at over $20,003,894 passing through the market, compared to 5,247,482 units valued at $20,969,571 that were traded on Wednesday. At the close, with 23 securities changing hands, with 13 advancing and 4 declining compared to 20 on Wednesday.
The Junior Market ended trading with an average of 187,914 units for an average value of $869,735 traded, compared to 262,374 units for an average value of $1,048,479 on the previous trading day. The average volume and value for the month to date are 214,583 units and $1,380,218. The average volume and value for the month to the previous trading day ended at 216,806 units and $1,422,759. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 3 stocks having bids higher than their last sale prices and 3 ending with lower offers, than their last traded price.
At the close of the market on Thursday, Access Financial Services climbed $2 to $37 in trading 120 units, AMG Packaging rose 10 cents to close at $5.10 with 29,000 units changing hands, Blue Power closed with 868 units changing hands at $35, Cargo Handlers traded 380 shares at $20.10, Caribbean Cream gained 10 cents in trading 4,000 units to end at $7.90, Caribbean Producers lost 1 cent and ended at $3.74 with 1,400 shares trading, Consolidated Corporation traded 20,300 shares to end at $2.80 after falling 6 cents, C2W Music gained 7 cents in closing trading with 36,145 units at 37 cents, Dolphin Cove ended at $20.06 with 8,388 shares trading, General Accident gained 10 cents and closed trading with 1,412,648 shares at $3.40, Honey Bun had 6,098 shares changing hands, to close at $7.50, Jamaican Teas gained 75 cents in trading 52,407 shares to close at $4.50, after the stock was split 2 for 1 last week, Jetcon Corporation rose 10 cents to end at $12.10 with 210,457 shares traded, Key Insurance traded 195,450 units to close with a gain of 5 cents at $3.05, KLE Group ended at $2.80 with 101,871 shares changing hands after rising by 30 cents, Knutsford Express closed trading with 3,110 shares at $41, Lasco Distributors ended with 404,843 units trading at $6.80, Lasco Financial rose 5 cents and ended with 40,530 shares changing hands at $4.25, Lasco Manufacturing gained 5 cents to close with 636,494 units changing hands at $5, Main Event rose 60 cents trading 215,516 shares to close at a 52 weeks’ high of $6.20 after trading as high as $6.50,Medical Disposablesrose 70 cents and closed trading with 119,000 shares at $6.70, Paramount Trading lost 5 cents and closed at $3.45 with 20,000 units trading and Sweet River lost 1 cent, trading 803,000 shares to end at a 52 weeks’ low of $3.49.

Is the JSE blocking trades legally?

The Junior Market activity picked up sharply on Wednesday with both volume and values climbing strongly over Tuesday’s levels while the market index gained another day when trades Eppley ordinary share at $12 with a potential gain $7.10 and Jamaican Teas at $6.20 for a gain 65 percent were canceled at the close, having exceeded the daily price limits placed on trading by the Jamaica Stock Exchange.
The failure of trades in the two stocks between Tuesday and Wednesday being recorded as official trades is said by the JSE to be determined by a little know rule that the JSE instituted outside the circuit breaker. The circuit breaker rule was put in place in the 1990 in attempt to appease critics of the exchange who were concerned about big swings in stock prices back then. The initial price limit was set at 15 percent above or below the closing price in a day, but the stock could trade higher if the bids or offers exceeded the closing price by more than 15%. In 2014 the Exchange rewrote the rules allowing price movement up to 30 percent in a day from the previous day’s closing price, no limitation were placed on the level that the closing bids and offers could be. The stock exchange now states that a rule exist that limits the level of bids and offers that can be posted above the last closing price to 15 percent. That limitation was not in the original circuit breaker rule and not in the current one. It appears to this publication that the 2014 rules, having been completely rewritten, overrides all prior ones and therefore the exchange has been acting in breach of the rule by limiting bids and offers and canceling trades as a result.
On Wednesday, the Junior Market index rose 17.73 points, to end at 3,016.21 with 5,257,482 units valued at over $20,969,571 passing through the market, compared to 541,499 units valued at $4,457,020 that were traded on Tuesday. At the close, with 20 securities changing hands, with 9 advancing and 5 declining compared to 20 on Tuesday.
The Junior Market ended trading with an average of 262,374 units for an average value of $1,048,479 traded, compared to 27,075 units for an average value of $222,851 on the previous trading day. The average volume and value for the month to date are 216,806 units and $1,422,759. The average volume and value for the month to the previous trading day ended at 212,663 units and $1,456,784. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 2 stocks having bids higher than their last sale prices and 2 ending with lower offers, than their last traded price.
At the close of the market on Wednesday, AMG Packaging lost 49 cents to close at $5 with 56,490 units changing hands, following six months results that continued to be lower than the prior year’s figures with $26.4 million reported after tax compared with $52.2 million for the similar period in 2016. Cargo Handlers lost 40 cents in trading just 1,995 shares at $20.10, Caribbean Cream traded 8,955 units to end at $7.80, Derrimon Trading ended at $8.50 with 2,000 shares trading, General Accident gained 15 cents and closed trading with 445,164 shares to end at $3.30, Honey Bun had 8,830 shares changing hands to close with a rise of 25 cents to end at $7.50, Iron Rock Insurance traded 78,275 shares to end at $3, ISP Finance rose 70 cents to end at a 52 weeks’ closing high of $16.10 with 19,094 units. Jetcon Corporation rose 10 cents to end at $12 with 87,622 shares traded, Key Insurance traded 954,445 units to close at $3, KLE Group ended at $2.50 with 80,000 shares changing hands after falling by 20 cents, Knutsford Express closed trading with 8,848 shares at $41, Lasco Distributors ended with 88,575 units trading at $6.80, Lasco Financial lost 5 cents and ended with 8,787 shares changing hands at $4, Lasco Manufacturing gained 15 cents to close with 1,076,495 units changing hands at $4.95, Main Event rose 25 cents trading 17,917 shares at $5.60, Medical Disposables closed trading with 1,367 shares to end at $6, Paramount Trading lost 5 cents and closed at $3.50 with 2,303,823 units trading, tTech rose 30 cents, trading 1,800 shares to end at $7.50 and Eppley 8.25% preference share closed trading with 12,000 units at a 52 weeks high of $6.10.

Drop in Junior Market volume – Tuesday

The Junior Market started another shortened week with a 31.66 points drop, to end at 2,998.48 and a sharp fall in trading levels, compared with Thursday’s levels.
The market closed with 541,499 units valued at $4,457,020 passing through the market, compared to 2,378,976 units valued at 9,310,238 that were traded on Thursday. At the close, with 20 securities changing hands, compared to 23 on Thursday with 7 advancing and 8 declining.
The Junior Market ended trading with an average of 27,075 units for an average value of $222,851 traded, compared to 103,434 units for an average value of $404,793 on the previous trading day. The average volume and value for the month to date are 212,663 units and $1,456,784. The average volume and value for the month to the previous trading day ended at 256,913 units and $1,755,753. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 4 stocks having bids higher than their last sale prices and only 1 ending with a lower offer, than the last traded price.
At the close of the market on Tuesday, AMG Packaging closed at $5.49 with 102,675 units changing hands, Blue Power traded 800 units to close at $35, CAC 2000 lost 18 cents and closed at $7.17 with 10,000 shares trading , Cargo Handlers lost 50 cents in trading just 100 shares at $20.50, Caribbean Cream gained 50 cents in trading 35,450 units to end at $7.80, Caribbean Producers closed trading with 1,000 units at $3.75, Consolidated Bakeries rose 20 cents with 18,437 shares changing hands, to close at $2.86, C2W Music closed trading with 10,200 shares while shedding 3 cents to end at 30 cents, Dolphin Cove ended at $20.06 with 544 shares trading, Honey Bun had 31,900 shares changing hands to close at $7.25, ISP Finance fell 10 cents to end at $15.40 with 13,045 units. Jetcon Corporation rose 10 cents to end at $11.90 with 10,710 shares traded, Knutsford Express rose 5 cents in trading 34,659 shares to close at $41, after the company reported the decision of the directors to recommend a 5 for 1 stock split as well as increased profits for the nine months to February. Lasco Distributors added 10 cents and ended with 73,693 units trading at $6.80, Lasco Financial lost 25 cents and ended with 28,500 shares changing hands at $4.05, Lasco Manufacturing fell 20 cents to close with 108,785 units changing hands at $4.80, Main Event lost 38 cents trading 36,141 shares at $5.35, Medical Disposables closed trading with 19,560 shares and rose 15 cents to end at $6, Paramount Trading closed at $3.55 with 1,000 units trading and tTech rose 5 cents, trading 4,300 shares to end at $7.20.

Juniors make up lost ground on Thursday

Paramount Trading closed trading on Thursday slightly down after the company posted lower 9 months profits but closed the day a sJunior Market leader.

The Junior Market close out the week with an equal number of stocks rising and falling but the market index rose 44 points and recovered most of the fall of 48.09 points on Wednesday, to end at 3,030.14.
The market closed with 2,378,976 units valued at 9,310,238 passing through the market, compared to 2,733,389 units valued at $13,356,399 that were traded on Wednesday. At the close, with 23 securities changing hands, compared to 18 on Wednesday with 8 advancing and 8 declining.
The junior market ended trading with an average of 103,434 units for an average value of $404,793 traded, compared to 151,855 units for an average value of $742,022 on the previous trading day. The average volume and value for the month to date is 256,913 units and $1,755,753. The average volume and value for the month to the previous trading day ended at 276,098 units and $1,924,623. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 4 stocks having bids higher than their last sale prices and 5 ending with lower offers, than the last traded price.
At the close of the market on Thursday, Access Financial Services rose 75 cents to $35 in trading traded 5,000 units AMG Packaging closed at $5.49 with 21,715 units changing hands, CAC 2000 lost 10 cents and closed at $7.35 with 3,500 shares trading Caribbean Cream traded 21,900 units to end at $7.30, Caribbean Flavours loss 50 cents in trading 11,640 units to end at $12.50 Caribbean Producers gained 5 cents and closed trading with 56,930 units at $3.75, Consolidated Bakeries dropped 34 cents with 756,918 shares changing hands, to close at $2.66, C2W Music closed trading with 15,000 shares at 33 cents, Derrimon Trading had 97,206 units changing hands to close with a loss of 20 cents at $8.50. Dolphin Cove ended at $20.06 with 2,473 shares trading, Honey Bun had 8,500 shares changing hands to close with a rise of 5 cents to end at $7.25, ISP Finance fell 15 cents to end at $15.50 with 10,000 units. Jamaican Teas price was adjusted to reflect the 2 for 1 split approved at the Annual General Meeting on Thursday, but no trading took place as bids were well ahead of the closing prices on Thursday. Jetcon Corporation rose 30 cents to end at $11.80 with 4,237 shares traded, KLE Group ended at $2.70 with 64,129 shares changing hands, Knutsford Express traded 261 shares to close at $40.95 after gaining 75 cents, Lasco Distributors added 45 cents and ended with 45,430 units trading at $6.70, Lasco Financial gained 30 cents and ended with 85,273 shares changing hands at $4, Lasco Manufacturing fell 38 cents to close with 60,000 units changing hands at $5, Main Event fell 7 cents trading 48,149 shares at $5.73, Medical Disposables closed trading with 8,039 shares and lost 15 cents to end at $5.85 and Paramount Trading lost 4 cents and closed at $3.55 with 1,012,987 units trading, this after the company reported lower profit for the third consecutive quarter than in the previous year and tTech traded 12,489 shares to end at $7.15.

Eppley leaps $7.10 but – Wednesday

Stock market reports showed Eppley ordinary share leaping $7.10 to a record high of $12. The stock could not officially trade there as it exceeded the 30 percent limit in a day.
The highest price the stock could trade is $11.44, based on the closing bid of $8.80 on Tuesday. At the close the trade of 2,000 shares was cancelled but the Jamaica Stock Exchange closing report shows the stock trading at $12.
If the trade had taken place it would be the first time the stock is trading after its 150 to 1 stock split last year.
The Junior Market index lost 48.09 points, to end at 2,986.14 as falls in heavily weighted Lasco Distributors and Lasco Manufacturing fell sharply, contributing to most of the loss. The market closed with 2,733,389 units valued at $13,356,398.76 passing through the market, compared to 1,567,458 units valued at $8,519,094 that were traded on Tuesday. At the close, with 18 securities changing hands, the same number as on Tuesday with 6 advancing and 8 declining.
The junior market ended trading with an average of 151,855 units for an average value of $742,022 traded, compared to 87,081 units for an average value of $473,283 on the previous trading day. The average volume and value for the month to date is 276,098 units and $1,924,623. The average volume and value for the month to the previous trading day ended at 293,848 units and $2,093,565. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 6 stocks having bids higher than their last sale prices and 2 ending with lower offers, than the last traded price.
At the close of the market on Wednesday, AMG Packaging fell 6 cents to close at $5.49 with 35,849 units changing hands, Caribbean Cream traded 24,880 units to end at $7.30, Caribbean Producers fell 5 cents and closed trading with 26,720 units at $3.70, Consolidated Bakeries gained 5 cents with 205,000 shares changing hands, to close at $3, Derrimon Trading had 9,600 units changing hands to close at $8.70. Dolphin Cove ended at $20.06 with 4,985 shares trading after rising 6 cents, General Accident gained 10 cents and closed trading with 300,000 shares at $3.15, Honey Bun had 69,115 shares changing hands to close with a loss of 30 cent to end at $7.20, ISP Finance traded at a new high of $17 and rising 15 cents for the day, to end at a record closing high of $15.65. .Jamaican Teas fell 25 cents in trading 230,153 shares to close at $7.50, the stock trade ex-split on Thursday, to accommodate the 2 for 1 split approved at the Annual General Meeting on Wednesday. Jetcon Corporation dropped 40 cents to end at $11.50 with 13,403 shares traded, Lasco Distributors fell 55 cents and ended with 30,600 units trading, to close at $6.25, Lasco Financial ended with 6,000 shares changing hands at $4, Lasco Manufacturing fell 38 cents to close with 1,677,200 units changing hands at $4.60, Main Event rose 7 cents trading 42,410 shares at $5.80, Medical Disposables closed trading with 215 shares and rose 50 cents to end at $6 and Paramount Trading closed at $3.59 with 42,600 units trading and tTech traded 10,000 shares but fell 35 cents to end at $7.15.

Another big Lasco trade – Monday

Lasco Distributors dominated trading on Monday with 9m shares.

The junior market volume and value of stocks trading climbed on Monday, from Friday’s level with Lasco Distributors trading nearly 9 million shares. Volumes elsewhere was moderate as the market index rose 8.46 points, to end at 3,047.40
The market closed with 9,177,959 units valued at $63,684,987 passing through the market, compared to 5,586,153 units valued at $33,901,745 that were traded on Friday. At the close, with 21 securities changing hands, up from 19 on Friday with 6 advancing and 7 declining.
The junior market ended trading with an average of 437,046 units for an average value of $3,032,618 traded, compared to 294,008 units for an average value of $1,784,302 on the previous trading day. The average volume and value for the month to date is 328,309 units and $2,363,612. The average volume and value for the month to the previous trading day ended at 306,561 units and $2,229,811. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 4 stocks having bids higher than their last sale prices and 1 ending with a lower offer, than the last traded price.
At the close of the market on Monday, AMG Packaging gained 30 cents to close at $5.80 with 800 units changing hands, Blue Power traded 1,000 units to close at $35, Cargo Handlers traded 2,630 shares to end at $21, Caribbean Cream traded 20,100 units to end at $7.30, Consolidated Bakeries lost 1 cent with 4,500 shares changing hands, to close at $2.91, Derrimon Trading had 24,868 units changing hands to close at $8.70, Dolphin Cove ended at $20 with 1,000 shares trading, General Accident fell 10 cents and closed trading with 3,000 shares at $3.05, Honey Bun had 14,265 shares changing hands to close with a gain of 19 cents at $7.49, Jamaican Teas traded 28,071 shares to close at $7.40, Jetcon Corporation lost 35 cents to end at $11.50 with 1,000 shares traded, KLE Group traded 17,182 shares and fell 50 cents in closing at $3, Knutsford Express traded just 2,537 shares and gained $1 in closing at $41, Lasco Distributors gained 5 cents and ended with 8,934,455 units trading to close at $6.85, Lasco Financial shed 5 cents and ended with 83,990 shares changing hands at $3.80, Lasco Manufacturing closed with 10,755 units changing hands at $4.99, Main Event rose 3 cents trading 200 shares at $5.23, Medical Disposables closed trading with 10,500 shares at $6, Paramount Trading closed with a loss of 10 cents to end a $3.60 with 600 units trading, tTech trade 1,500 shares and gained 50 cents to end at $7.50 and Derrimon Trading preference share fell 6 cents and ended with 15,000 units changing hands to close at $2.05.