Investors’ activity in the junior market resulted in changes to the IC Insider’s TOP 5 list from that for December 9. AMG Packaging with gains of 38 percent and Blue Power with gains of 46 percent dropped off the list.
Caribbean Cream and Lasco Financial entered the top listing with potential gains based on fiscal year 2015/16 of 81 and 71 percent respectively.
Derrimon Trading fell back during the period to $3.55 to re-enter the list but has since shot up to $5.50 to be sitting well below the TOP 5 with gains of 77 percent since it entered the top 5 initially. Announcement that the company deposited money to acquire a large block of the shares in Caribbean Flavours spurred the move in the stock price.
In the IC Insider’s TOP 5, the candidates remain unchanged for the main market, with investors’ interest being focussed on other stocks in the main market.
The list comprises potential gains based on current estimated earnings which are likely to drive stock prices before the 2017 earnings start to have a full effect.
The 2017 list based on IC Insider’s earnings forecast is likely to vary quite a bit from those on the current list.
Junior market gains 45% for 2016
Blue Power closed at a new high of $30 on Friday.
At the close, the prices of 10 stocks rose, 3 declined with 16 securities trading, compared to 15 trading on Friday. Volume of stocks traded rose on Friday by 73 percent, from Friday’s level, ending with 1,632,612 units changing hands, valued at $8,675,126, up by 54 percent from $5,642,777 on Friday.
Market activities ended with 8 securities closing with bids higher than their last selling prices and none ending with a lower offer.
The year ended with thirteen stocks gaining more than the market average, including 3 gaining 325 percent or more,
2 more than 200 percent and 4 more than 100 percent.An average of 102,038 units with an average value of $542,195 traded, compared to 62,924 units with an average value of $376,185 on the preceding trading day. The average for December to date is 131,147 units, at an average of $672,488. The average for December to Thursday is 132,679 units, at an average of $679,346. November ended with an average of 109,679 units with an average value of $607,092.
At the close of trading, Blue Power jumped $3 to a new high of $30 with 10,000 shares changing hands, CAC 2000 gained 45 cents in trading 84,018 shares to close at $4.95, Cargo Handlers rose 50 cents to close at $18.50 with 7,986 units changing hands, Caribbean Cream had 33,000 units exchanged with a rise of 20 cents to end at $7.50. Caribbean Producers lost 20 cents in trading 430,299 shares to close at $3.30, Derrimon Trading ended at 52 weeks’ high of $5.50 with 126,306 shares changing hands, after rising by 10 cents, General Accident lost 20 cents with 23,682 units changing hands to close at $2.80.
Honey Bun had 13,936 shares changing hands to close at $5.85 after gaining 5 cents. Iron Rock Insurance climbed 40 cents in trading 564,394 shares to end at $4, Jamaican Teas gained 60 cents to end at $4.85 with 12,000 shares being exchanged. Jetcon Corporation closed at $6 with 42,800 shares trading, KLE Group recovered 3 cents and closed with 27,000 shares trading at $1.95, Knutsford Express rose 1 cent in trading 94,857 shares at $20. Lasco Distributors ended with 63,388 units trading with a fall of 10 cents to $7.05, Lasco Manufacturing ended at $5, after 12,795 units switched hands and Paramount Trading exchanged 86,151 units at $3.
Yet another junior record – Thursday
Bulls pushing Jamaican stock to new highs.
At the close, the prices of 8 stocks rose, 4 declined with 15 securities trading, compared to 14 trading on Wednesday. Volume of stocks traded declined on Thursday by 63 percent, from Wednesday’s level, ending with 943,860 units changing hands, valued at $5,642,777, down by 66 percent from $16,691,479 on Wednesday.
Market activities ended with 8 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
An average of 62,924 units with an average value of $376,185 traded, compared to 181,822 units
with an average value of $1,192,249 on the preceding trading day. The average for December to date is 132,679 units, at an average of $679,346. The average for December to Wednesday is 136,554 units, at an average of $696,188. November ended with an average of 109,679 units with an average value of $607,092.In trading Blue CAC 2000 traded 533 shares at $4.50, Cargo Handlers rose 50 cents to close at $18, with 105,768 units changing hands, Caribbean Cream had 23,786 units being exchanged with a loss of 70 cents to end at $7.30. Consolidated Bakeries rose 16 cents in trading 50,000 shares to close at $2.26, Derrimon Trading ended at $5.40 with 55,171 shares changing hands, after rising by 60 cents, Dolphin Cove rose $1 with 1,000 units changing hands and closed at $15,
General Accident had 200,000 units changing hands to close at $3. Honey Bun had 19,264 shares changing hands to close at $5.80 after shedding 15 cents. Jetcon Corporation rose 10 cents to close at $6 with 85,022 shares trading, KLE Group lost 3 cents and closed with 50,100 shares trading at $1.92, Knutsford Express rose 44 cents in trading 2,790 shares at $19.99, Lasco Distributors ended with 14,088 units trading with a gain of 15 cents at $7.15. Lasco Financial lost 9 cents with 16,000 shares changing hands, to end at $3.11, Lasco Manufacturing gained 2 cents and ended at $5, after 318,553 units switched hands and Medical Disposables exchanged 500 units at $4.20.
Juniors jump to all-time high – Friday
New high of $18.60 for Cargo Handlers on Friday.
At the close, the prices of 7 stocks rose, 3 declined with 14 securities trading, compared to 8 trading on Thursday. Volume of stocks traded fell on Friday by 54 percent, from Thursday’s level, ending with 587,155 units changing hands, valued at $2,533,304, slipped by 58 percent from $6,029,065 on Thursday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and none ending with a lower offer.
An average of 41,940 units with an average value of $180,950 units traded, compared to 160,486 units with an average value of $753,633 on the preceding trading day.
The average for December to date is 133,892 units, at an average of $667,008. The average for December to Thursday is 139,639 units, at an average of $697,387. November ended with an average of 109,679 units with an average value of $607,092.CAC 2000 traded 1,706 shares at $4.30, Cargo Handlers jumped $2.60 to a new high of $18.60 to with 26,121 units changing hands, Caribbean Cream had 4,194 units being exchanged at $8, Caribbean Producers traded 271,466 units at $3.50, Consolidated Bakeries had 18,800 units changing hands to close with a rise of 24 cents at $2.10. Derrimon Trading gained 80 cents and ended at $4.80 with 87,710 shares changing hands, Dolphin Cove lost $1 with 185 units
changing hands closed at $14. Honey Bun had 805 shares changing hands to close at $6 after rising 30 cents. Jetcon Corporation lost 1 cent to close at $5.88 with 2,450 shares trading, Key Insurance closed with 2,980 shares trading at $2.60. Lasco Distributors ended with 6,500 units trading with a gain of 25 cents at $6.75, Lasco Financial rose 15 cents with 160,289 shares changing hands, to end at $3.25, Lasco Manufacturing gained 18 cents and ended at $4.98, after 700 units switched hands and Paramount Trading exchanged 3,249 units at $3.
Investors push Derrimon stocks up sharply – Friday
The Jamaica Stock Exchange, is seeing sparse trading, ahead of the Christmas holidays Thursday’s well below levels, leading to falls in the market indices in the morning session on Friday.
Investors pushed Derrimon Trading by 80 cents to $4.80 with 87,710 following the company’s report on Thursday that it will be making prepayment for 23,379,208 stock units in Caribbean Flavours. When purchased, Derimon would become the parent company having had just under 50 percent of the shares currently. This would require an offer being made to minority shareholders.
Market activity was moderate, resulting in only 20 securities trading at 10:45 am, compared to 15 on Thursday. A total of 9 securities advanced and 5 declined, resulting in a volume of 272,207 shares changing hands, carrying a value of $4,538,567, compared 904,871 shares changing hands, carrying a value of $7,114,541 on Thursday. The average number of shares traded, amount to 13,610 units versus 60,325 units on Thursday.
The all Jamaica Composite Index slipped 728.63 points to 202,396.49, the Jamaica Stock Exchange Market Index shed 651.53 points to 185,353.01, the Jamaica Stock Exchange combined index lost 556.28 points to be at 197,746.15 and the junior market index rose 4.66 to 2,516.51.
Juniors retreat again on Thursday
The junior market index lost ground on Thursday, as advancing stock were edged out by declining ones pulling the market index down by 17.45 points to end at 2,511.85 points with a 40 percent increase for the year to date.
At the close, the prices of 3 stocks rose, 4 declined with 8 securities trading, compared to 16 trading on Wednesday. Volume of stocks traded rose on Thursday by 286 percent, from Wednesday’s level, ending with 1,283,884 units changing hands, valued at $6,029,065, up 284 percent from $1,568,652 on Wednesday.
Market activities ended with 8 securities closing with bids higher than their last selling prices and just 1 ending with a lower offer.
The recent issue of Eppley 8.25% preference share at $6 each was listed today without any units being traded but the bid closed at $5.55.
An average of 160,486 units with an average value of $753,633 units traded, compared to 20,778 units with an average value of $98,041 on the preceding trading day. The average for December to date is 139,639
units, at an average of $697,387. The average for December to Wednesday is 138,249 units, at an average of $693,637. November ended with an average of 109,679 units with an average value of $607,092.
Cargo Handlers lost 30 cents after rising to a new high of $18.50 to close at $16 with 46,199 units changing hands, 
Caribbean Producers traded 31,110 units at $3.50, C2W Music had 7,546 units changing hands to close at 35 cents. Derrimon Trading gained 30 cents and ended at $4 with 696,000 shares changing hands, General Accident exchanged 5,000 shares and closed at $3, Honey Bun had 281,550 shares changing hands to close at $5.70 after falling 35 cents. Lasco Financial ended with 208,325 shares changing hands, for a loss of 20 cents to $3.10, Lasco Manufacturing fell 18 cents and ended at $4.80, after 15,500 units switched hands and Eppley 9.5% preference share traded just 200 units at $6.18.
Juniors close at new record – Wednesday
New high for Cargo Handlers on Wednesday.
At the close, the prices of 3 stocks rose, 4 declined with 16 securities trading, compared to 18 trading on Tuesday. Volume of stocks traded fell on Wednesday by 93 percent, from Tuesday’s level, ending with 332,445 units changing hands, valued at $1,568,652, down 95 percent from $32,819,600 on Tuesday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 3 ending with lower offers.
An average of 20,778 units with an average value of $98,041 units traded, compared to 264,003 units with an average value of $1,823,311 on the preceding trading day.
The average for December to date is 138,249 units, at an average of $693,637. The average for December to Tuesday is 146,640 units, at an average of $736,180. November ended with an average of 109,679 units with an average value of $607,092.AMG Packaging jumped $3.01 to close at a 52 weeks’ high of $24.51 with 500 units changing hands, Blue Power climbed $1.70 in trading 1,000 shares to end at $25, Caribbean Cream closed with 29,189 shares changing hands to end at $8. Caribbean Flavours lost 50 cents with 19,950 units changing hands. Caribbean Producers traded 16,520 units at $3.50, C2W Music had 7,546 units changing hands to close at 35 cents, Derrimon Trading ended at $3.70 with 9,000 shares changing hands, Dolphin Cove exchanged 100 shares and closed at $15, Honey Bun had 17,850 shares changing hands to close at $6.05 after gaining 5 cents.
Iron Rock Insurance traded 65,544 shares at $3.60, Key Insurance closed trading with 30,346 units, to end at $2.60 after shedding 40 cents. Lasco Distributors lost 20 cents to end trading with 20,717 shares at $6.50. Lasco Financial ended with 40,000 shares changing hands, for a loss of 5 cents to $3.30, Lasco Manufacturing ended at $4.98 after 10,750 units switched hands, Medical Disposables had 17,334 units changing hands, to close at $4.20 and Paramount Trading ended with 46,099 shares being exchnaged to close at $3.
Juniors jump to new record close– Monday
Prices on the junior market mostly rose on Monday, and pushed the market index up by a strong 43.35 points to end at record close of 2,523.96, on increased trading activity from Friday’s levels, to be up a strong 41 percent for the year to date.
At the close, the prices of 9 stocks rose, 2 declined with just 17 securities trading, compared to 9 trading on Friday. The volume of stocks traded jumped on Monday by 71 percent, from Friday’s level, ending with 5,515,300 units changing hands, valued at $26,556,207, up 61 percent from $16,494,089 on Friday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 5 ending with lower offers.
An average of 324,429 units with an average value of $1,562,130 units traded, compared to 357,770 units with an average value of $1,832,677 on the preceding trading day. The average for December to date is 137,612 units, at an average of $652,554. 
The average for December to Friday is 122,044 units, at an average of $576,756. November ended with an average of 109,679 units with an average value of $607,092.
Cargo Handlers climbed $2.99 to hit a new high of $16, with only 870 shares changing hands, Caribbean Cream closed with 7,297 shares changing hands and gained 25 cents to $8.20, Caribbean Flavours rose $2 to trade at a 52 weeks’ high of $13 with 5,000 units changing hands. Derrimon Trading exchanged 19,325 shares and closed at $3.70, after rising 15 cents, Honey Bun had 9,313 shares changing hands to close at $6.19 after gaining 19 cents. Iron Rock Insurance traded 516,500 shares at $4.65, Jamaican Teas ended at $4.25 with 8,350 shares being exchanged, Jetcon Corporation closed trading with 26,416 units, to end at $5.89, KLE Group ended at $1.95 with 1,355 shares changing hands, 
Knutsford Express traded just 200 shares but the price slipped 1 cent to $19.99. Lasco Distributors had 47,247 shares trading and rose 15 cents to close at $6.55. Lasco Financial ended with 200,502 shares changing hands for 5 cents more to $3.30, Lasco Manufacturing ended at $5 with a fall of 5 cents after 4,501,100 units switch hands, up from 2,898,885 shares changed hands, on Friday. Paramount Trading had 166,512 units changing hands to close at $3, Sweet River traded 3,300 shares with a rise of 3 cents to close at $3.85, tTech traded 513 shares but rose 25 cents to $5.25 and Eppley 9.5% preference share traded 1,500 units at $6.18.
Juniors back off from record – Friday
Caribbean Flavours hit a new high of $11.95 on Friday
At the close, the prices of 5 stocks rose, 2 declined with just 9 securities trading, compared to 19 trading on Thursday. The volume of stocks traded jumped on Friday by 163 percent, from Thursday’s level, ending with 3,219,929 units changing hands, valued at $16,494,089, up 186 percent from $5,774,823 on Thursday.
Market activities ended with 10 securities
closing with bids higher than their last selling prices and just 4 ending with lower offers.An average of 357,770 units with an average value of $1,832,677 units traded, compared to 64,345 units with an average value of $303,938 on the preceding trading day. The average for December to date is 122,044 units, at an average of $576,756. The average for December to Thursday is 100,614 units, at an average of $462,581. November ended with an average of 109,679 units with an average value of $607,092.
Caribbean Flavours traded 20,512 units to end at a 52 weeks’ high of $11 with a gain of 1 cent and traded as high as $11.95 during the trading session, Caribbean Producers closed with 444 shares changing hands with a gain of 5 cents, at $3.25,
C2W Music with 10,393 units changing hands, closed unchanged at 35 cents. Derrimon Trading exchanged 675 shares and closed at $3.55 after falling by 35 cents. Jetcon Corporation closed trading with 60,000 units, the price rose 1 cent to end at $5.89, Lasco Distributors had 212,610 shares trading with a fall of 40 cents to close at $6.40. Lasco Manufacturing ended at $5.05 with a rise of 5 cents after 2,898,885 shares changed hands, Medical Disposables traded 15,410 shares with a rise of 60 cents to close at $4.80 and Eppley 9.5% preference share traded 1,000 units at $6.18.
Record close for junior stocks – Thursday
The junior market surged sharply on Thursday, by 79.65 points end at a record closing high of 2,505.83, to be up a strong 40 percent, for the year to date, on increased trading activity from Wednesday’s levels.
At the close, the prices of 10 stocks rose and 3 declined with 19 securities trading, compared to 13 trading on Wednesday. The volume of stocks traded jumped on Thursday by 365 percent, from Wednesday’s level, ending with 1,222,548 units changing hands, valued at $5,774,823, up 368 percent from $1,233,984 on Wednesday.
Market activities ended with 9 securities closing with bids higher than their last selling prices and just 5 ending with lower offers.
An average of 20,207 units with an average value of $94,922 units with an average value of $303,938 traded, compared to 20,207 units with an average value of $94,922 on the preceding trading day. The average for December to date is 100,614 units, at an average of $462,581. The average for December to Wednesday is 104,241 units, at an average of $478,446. November ended with an average of 109,679 units with an average value of $607,092.
In trading activity, AMG Packaging jumped $3 in exchanging 7,999 shares at $21.50 as investors responded to an announcement by the company, of an approval by the Directors, for each ordinary share of the company be subdivided into five units. If approved at the Annual General Meeting to be held in January, the issued capital of the company will move from 102,378,857 shares to 511,894,285.
Caribbean Producers closed with 68,285 shares changing hands at $3.20, Consolidated Bakeries rose 16 cents in trading 60,000 shares to close at $1.85, C2W Music inched up 5 cents with 2,000 units changing hands to close at 35 cents, Derrimon Trading exchanged 5,000 shares and closed at $3.70. Dolphin Cove with 200 units changing hands closed at $15. General Accident traded 16,492 shares but fell 15 cents to close at $3, Honey Bun had 12,300 shares changing hands to close at $6 after rising 40 cents. Iron Rock Insurance traded 1,000 shares at $4.15, Jamaican Teas gained 14 cents to end at $4.25 with 16,000 shares.
Jetcon Corporation closed trading with 2,290 units, with a loss of 1 cent to end at $5.88, Key Insurance traded 4,193 units to close at $3, KLE Group ended at $1.95 with 500 shares changing hands after rising by 10 cents, Lasco Distributors had 10,000 shares trading with a rise of 30 cents to close at $6.80. Lasco Financial ended with 15,000 shares changing hands at $3.25, Lasco Manufacturing ended at $4.99 with a rise of 29 cents after 964,839 shares changed hands, Medical Disposables traded 700, shares with a rise of 50 cents to close at $4.20. Paramount Trading lost 20 cents with 34,283 units changing hands to close at $3 and Eppley 10% preference share traded 667 units with a rise of 65 cents to a new high of $6.75.