10 juniors down 4 up on Thursday

JM Sign build The junior market closed slightly higher on Thursday with a gain of 5.01 points to 1,825.50 but more stocks declined than gained. Trading ended with 18 active securities, 4 of which advanced and 10 declined while only 540,140 units valued at $2,757,260, changed hands.
There were only 3 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
At the end of trading, AMG Packaging traded only 395 units at $13.12, the stock closed with an offer to sell 10,000 units at $13. Blue Power declined by 75 cents with a mere 581 units changing hands at $11.20, Caribbean Cream traded 48,275 shares and fell 8 cents, to end at $4.02, Caribbean Flavours traded 12,500 units to end at $7.50 with a loss of 50 cents, Caribbean Producers traded 53,870 units and lost 7 cents to end at $4.03. Derrimon Trading closed at $5 with 10,000 units changing hands, but the offer was at $4.99 to sell 56,000 shares when trading ended, General Accident Insurance traded 63,000 units at $2.90 to gain 31 cents but at the close, 5,600 units were offered at $2.65. Iron Rock Insurance had 8,000 units changing hands with a loss of 25 cents, to end at $3.65, Honey Bun rose 5 cents to close at $12.55 while 18,000 shares changed hands, ISP Finance closed at $2.50 after trading 10,172 units, JM Trdng Sht 14-4-16Jamaican Teas fell 40 cents to close at $3.41 after 16,159 shares changed hands. Jetcon Corporation ended trading with 7,000 shares with the loss of a cent at $2.69, KLE Group traded 16,018 shares and fell 22 cents, to end at $1.43, Knutsford Express closed with 23,952 units changing hands at $19. Lasco Distributors gained 2 cents to end at $5.06 with 178,600 units trading, Lasco Financial lost 28 cents to close at $2.62, with 32,817 shares changing hands. At the close there were 2,363,963 units on the bid at $2.62. Lasco Manufacturing gained 30 cents with 30,530 shares changing hands to close at $3.80 and tTech ended with 10,271 shares trading to end at $4.08 as the price fell by 14 cents.

Results help junior activity Wednesday

AMG Packaging got a boost from the release of quarterly profits.

AMG Packaging got a boost from the release of quarterly profits.

The junior market closed slightly lower on Wednesday with a gain of 1.40 points to 1,820.49. Trading ended with 15 active securities, 6 of which advanced and 7 declined as 898,831 units valued at $4,498,985, changed hands as the release of quarterly reports for a few companies helped with improved sentiment.
There were only 2 stocks closing with bids that were higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Access Financial lost 10 cents in trading 30,500 shares to close at $16.60. AMG Packaging rose 62 cents in trading 108,100 units at $13.12, as investors welcomed the 65 percent increase in profits for the for the six months, to $52 million after charging out $16 million for the start-up cost of the new tissue operation. Caribbean Cream traded 123,630 shares and gained 10 cents, to end at $4.10, after the company released full year results on Tuesday, with 40 cents per share earnings, following writing off of assets amounting to $31.4 million or 8 cents per share. Caribbean Producers traded 40,500 units and lost 7 cents to end at $4.03, Derrimon Trading closed with a gain of $1 at $5 with 18751 units changing hands, Honey Bun jumped $1.50 on news the board will be considering a subdivision of its shares to close at $12.50 while 21,550 shares changed hands. ISP Finance slipped 2 cents to close at $2.50 after trading 25,500 units, Jamaican Teas rose 1 cent to close at $3.81 after 25,000 shares changed hands, JM Trdng Sht 13-4-16KLE Group traded 270,000 shares and fell 5 cents, to end at $1.65, Knutsford Express closed with 1,601 units changing hands at $19. Lasco Distributors gained 4 cents to end at $5.04 with 59,000 units trading, Lasco Financial lost 10 cents to close at $2.90, with 40,889 shares changing hands, Lasco Manufacturing lost 10 cents and ended with 126,350 shares changing hands to close at $3.50, Medical Disposables fell 5 cents in trading 1,000 shares to close at $3.15 and Paramount Trading ended with 3,460 shares trading to end at $11.

More gains for juniors on Monday

ISP Finance at new high on Monday.

ISP Finance at new high on Monday.

The junior market close slightly higher on Monday with an increase of 9.79 points to close at 1,824.16. Trading ended with 17 active securities, 4 of which advanced and 3 declined as 1,018,853 units valued at $4,061,844, changed hands.
There were 5 stocks closing with bids that were higher than their last selling prices and none ended with a lower offer.
At the end of trading, Access Financial had 6,220 shares trading to close at $16.60, Caribbean Cream lost 50 cents in trading 17,450 shares at $4, Caribbean Flavours rose 55 cents with 5,698 shares trading at $8, Caribbean Producers traded 57,130 units, to end at $4.05, C2W Music had 1,000 units changing hands at 33 cents. General Accident ended trading 59,420 units and closed at $2.59, Honey Bun had just 30,500 shares trading but ended unchanged at $11, JM Trdng Sht 11-4-16ISP Finance rose 20 cents to close at a 52 weeks’ high of $2.55 after trading 6,031 units. Jetcon Corporation lost 24 cents to close at $2.60 after 8,680 shares changed hands, Key Insurance closed at $3 with 8,050 units changing hands. KLE Group traded just 1,485 shares to gain 3 cents to end at $1.69, Knutsford Express jumped $4.50 with just 100 units changing hands at $22, Lasco Distributors ended with 319,314 units trading at $5. Lasco Financial closed at $3 with 127,872 shares changing hands, Lasco Manufacturing ended with 160,969 shares changing hands to close at $3.65, Eppley 10% preference share traded 10,000 units at $6.10 and Derrimon Trading preference share fell 15 cents to end at $2.25 with 198,934 units changing hands.

Sharp gains for juniors – Friday

JM Sign The junior market moved sharply higher on Friday with 51.50 points to close at 1,814.37. Trading ended with 13 active securities, 6 of which advanced and 2 declined as 470,000 units valued at $1,549,597 changed hands.
There were 7 stocks closing with bids that were higher than their last selling prices and none ended with a lower offer.
At the end of trading, CAC 2000 had 4,674 shares trading to close at $6.50, Caribbean Producers gained 25 cents in trading 9,400 units, to end at $4.05, General Accident rose by 26 cents in trading 580 units and closed at $2.59. Honey Bun had just 1,500 shares trading but ended unchanged at $11, Iron Rock rose 5 cents to close at $3.90 after trading 12,048 units,JM Trdng Sht 8-4-16 Jamaican Teas closed at $3.80 after trading 21,710 units. Jetcon Corporation lost 1 cent to close at $2.84 after 149,862 shares changed hands, Key Insurance closed at $3 with 6,300 units changing hands. Lasco Distributors put on 50 cents and ended with 14,882 units trading at $5. Lasco Financial closed at $3 with 128,901 shares changing hands, Lasco Manufacturing ended with 87,508 shares changing hands having risen by 14 cents to close at $3.65, tTech traded 19,740 shares but lost 30 cents to close at $4 and Derrimon Trading preference shares gained 13 cents to end at $2.30 with 12,895.

Junior market drops sharply – Tuesday

Eppley added $59 to reach a new high on Tuesda

Eppley added $59 to reach a new high on Tuesday

At the close, the junior market index dropped sharply by 93.63 points or 4.9 percent to close at 1,811.08. The market ended with 18 active securities, 3 of which advanced and 8 declined as 1,469,331 units changed hands, valued at $8,265,286. Eppley ordinary share trading for only the 8th time since listing in late 2013 to hit a 52 weeks’ high by rising $58.99.
There were 2 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
At the end of trading, Access Financial Services lost 40 cents with 1,500 shares traded to close at $16.60, Caribbean Producers traded 500 shares to end with a loss of 10 cents at $4, Consolidated Bakeries had 7,085 units trading, to end at $1.24, C2W Music 5,000 units changing hands to close at of 33 cents. Eppley gained 14.75 percent in ending at a 52 weeks’ high of $459 with 5,300 shares trading with an increase of $58.99, on the same day the company had an extraordinary meeting to vote on an increase in the share capital by 500,000 ordinary shares. General Accident fell by 8 cents in trading just 100 units at $2.90. Honey Bun had 1,889 units trading to end at $11.50, Iron Rock had 125,840 shares trading but eased 15 cents to end at $3.85, Jamaican Teas closed at $4 after trading 9,242 units. JM Trdng Sht 5-4-16Jetcon Corporation closed at $2.90 after 395,110 shares changed hands, Key Insurance lost 10 cents to close at $2.75 with 79,823 units changing hands. KLE Group closed at $1.70 after rising by 5 cents with 6,795 shares changing hands, Knutsford Express closed with 57,252 units changing hands at $17.50 with a loss of $4.50, Lasco Distributors lost 70 cents and ended with 362,475 units trading to close at $4.90. Lasco Financial ended at $2.75 with 16,900 shares changing hands, Lasco Manufacturing ended with 125,020 shares changing hands and loss of 59 cents to close at $3.06, tTech traded 2,500 shares to end at $4.30 and Derrimon Trading preference share ended with a gain of 1 cent as 267,000 un inits traded to close at $2.17.

Junior market slipped slightly – Friday

JM Sign Key Insurance Company that listed on Thursday traded at $2.60 on Friday today above the Initial Public offering price (IPO) of $2.27. ISP Finance that was listed earlier in the week did not traded on Friday with a wide gap between the bid at $2.15 the offer price of $3, the stock traded at $2.50 on the opening day. Jetcon Coporation that was listed on the day before Easter, traded to close at $2.90, but went as high as $2.99 compared to the IPO price of $2.25.
At the close, the junior market index fell 6.29 points being added to close at 1,918.93. The market ended with 21 active securities, 4 of which advanced and 10 declined as a mere 988,659 units changed hands, valued at $3,655,969. There were 4 stocks closing with bids that were higher than their last selling prices and 3 ended with lower offers.
In trading, AMG Packaging closed with a gain of 10 cents at $11.10 with 27,099 units changing hands, CAC 2000 traded 1,000 shares and lost 47 cents to end at $6.53, Caribbean Cream traded 22,085 shares as the price rose 35 cents to end at $4.75, Caribbean Flavours had 5,300 shares changing hands to end at $7.55. Caribbean Producers traded 3,000 shares to end with a loss of 10 cents at $4.70, Consolidated Bakeries had 29,073 units trading, with a rise of 10 cents to end at $1.25, C2W Music fell 3 cents with 4,000 units changing hands to close at 37 cents. Derrimon Trading closed with 950 shares changing hands as the price slipped 21 cents to end at $4, Honey Bun had 26,150 units trading but lost 2 cents to end at $11.01, Iron Rock had 5,000 shares trading at $4, Jamaican Teas closed at $3.80 after trading 28,510 units.JM Trdng Sht-4-16 Jetcon Corporation closed at $2.90 after trading 306,956 shares, Key Insurance traded at a new high of $2.60 as 40,000 units changed hands with the price gaining 33 cents on the IPO price. KLE Group dropped 45 cents to close at $1.65 with 201,343 shares changing hands, Knutsford Express closed with 119 units changing hands to end at $22, Lasco Distributors lost 15 cents and ended with 177,390 units trading at $5.65. Lasco Financial ended at $3 with 7,077 shares changing hands, Lasco Manufacturing ended with 60,107 shares changing hands to close at $3.55, with a loss of 15 cents, Medical Disposables closed with a loss of 12 cents with 18,000 shares trading at $3.30 and tTech fell 48 cents with 17,500 shares trading to end at $4.

Big 3% jump for juniors – Tuesday

Jetcon traded for the first time to close at $2.56 on Tuesday

Jetcon traded for the first time to close at $2.56 on Tuesday

Jetcon Coporation that was listed on Thursday last traded for the first time up to $2.58 with moderate volume. The stock was issued to the public at $2.25 in the initial public offering. At the end of trading on Tuesday, the junior market index rose a strong 2.76 percent with 51.92 points being added to close at 1,933.45. The market ended with 16 active securities, 8 of which advanced and 5 declined as 832,933 units changed hands, valued at $4,034,146.
At the close, there were 5 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
In trading, AMG Packaging gained 43 cents and closed at $11 with 100,300 units changing hands, Blue Power had 16,153 shares trading but rose 50 cents to end at a 52 weeks’ high of $14.05. Caribbean Cream rose 79 cents with 40,355 shares changing hands to end at $4.29. Caribbean Producers lost 29 cents in trading 35,000 shares to end at $4.20 Consolidated Bakeries had 5,000 units trading with a loss of 18 cents to end at $1.12, C2W Music lost 7 cents to close at 52 weeks’ low of 36 cents while trading 5,555 shares, Dolphin Cove had 800 units changing hands at $15.29. General Accident traded just 1,000 shares but lost 2 cents in closing at $2.98, Iron Rock had 29,000 shares trading at $4, JM sum 29-03-16Jamaican Teas closed at $4.01 after trading 27,936 units for a gain of 1 cent, Jetcon traded 23,736 shares with a rise of 31 cents to $2.56, for a closing high. Lasco Distributors gained 10 cents with 23,420 units trading, to end at $5.85, Lasco Financial ended at $3 with 9,280 shares changing hands. Lasco Manufacturing ended with 511,148 shares changing hands to close at $3.80, with a rise of 30 cents, Medical Disposables fell 35 cents and closed with 1,750 shares trading at $3.15 and tTech gained 5 cents, in trading 2,500 shares at $4.30.
Shares in ISP Finance Services will list on the junior market on Wednesday when trading in the shares is expected to commence.

Another down day for juniors – Thursday

CPJ dominated trading on Thursday with 7.6m shares

CPJ dominated trading on Thursday with 7.7m shares

At the end of trading on Thursday, the junior market index lost 24.31 points to close at 1,881.53. The market ended with 15 active securities, 7 of which declined and 4 advanced as 8,572,910 units changed hands, valued at $32,754,372 with Caribbean Producers accounting for most of the trades.
At the close, there were no security ending without a bid and 8 securities had no stocks being offered for sale. There were only 2 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
In trading, Blue Power had 2,000 shares trading but rose $2.05 to end at $13.55. Caribbean Cream lost 50 cents with 127,837 shares changing hands to end at $3.50. Caribbean Flavours traded 26,658 shares to end at $8, Caribbean Producers added 49 cents in trading 7,729,673 shares carrying a value of $28,618,772 to end at $4.49, Consolidated Bakeries had 70,134 units trading firm at $1.30, Derrimon Trading had 16,000 units changing hands at $4.21 after shedding 59 cents. Honey Bun traded 7,198 units but fell $1.99 to end at $11.01, Jamaican Teas closed at $4 after trading 38,680 units for the loss of 49 cents, KLE Group traded 4,000 shares with a rise of 10 cents to $2.20. JM sum 24-03-16rKnutsford Express closed with 1,966 units changing hands to close at $22 after trading earlier at an all-time high of $23.20, Lasco Distributors gained 24 cents with 100,892 units trading, to end at $5.75, Lasco Financial lost 3 cents and ended at $3 with 113,654 shares changing hands. Lasco Manufacturing ended with 293,099 shares changing hands to close at $3.50, with a fall of 6 cents, Paramount Trading closed with 1,171 shares trading at $11.31 and tTech lost 5 cents, in trading 139,942 shares at $4.25.
Shares in Jetcon Corporation were listed on Thursday but no trades were executed, at the close, there were bids in, to buy 150,150 units at $2.25 with no stocks on offer.

Recovery of juniors continue on Tuesday

Knutsford Express traded at a new all-time high of $19 on Tuesday.

Knutsford Express traded at a new all-time high of $19 on Tuesday.

The junior market closed on Tuesday with advancing stocks having the upper hand on decliners, with low volume of stocks changing hands but with a heighted number of securities being active. The market rose 14.37 points to end at 2,013.55 with 16 securities trading of which 5 declined and 7 advanced.
The market ended with 1,497,753 units changing hands, valued at $7,035,386 and with 1 stock closing at a 52 weeks’ high and one at an intraday high. At the close, 1 security ended with no bid and only 3 securities had no stocks being offered for sale. There were 3 stocks closing with bids that were higher than their last selling prices and none ended with lower offers.
In trading, Access Financial Services traded at an intraday 52 weeks’ high of $21, but fell back to close at $20.20 with 3,900 units changing hands. AMG Packaging had 4,840 units changing hands for a loss of 60 cents, to close at $11.40, Caribbean Cream gained 42 cents to close at $4.50 with 38,200 units trading, Carib Flavours had 1,873 units changing hands at $8.60. Caribbean Producers had 30,000 units changing hands to close with a loss of 5 cents at $4.50, Consolidated Bakeries traded 59,000 units but lost 9 cents to end at $1.50, Derrimon Trading ended with a gain of 30 cents to close at $4.80 while trading just 2,000 units.JM sum 08-03-16 General Accident gained 20 cents in closing at $2.80 with 21,910 shares changing hands, Honey Bun traded 21,041 shares to close at $14, Jamaican Teas rose 20 cents and ended with 176 units changing hands at $7, Knutsford Express traded 1,000 shares and gained 49 cents to close at a 52 weeks’ high of $19. Lasco Distributors closed with 651,257 units trading to end 40 cents higher at $6, Lasco Financial fell 7 cents to end at $2.95 with 53,279 shares changing hands, Lasco Manufacturing ended 10 cents higher in trading 271,206 shares to close at $4.10, tTech lost 25 cents in trading 10,971 shares to close at $4.25 and Derrimon Trading 11.75% preference share traded 327,100 units at $2.16 after adding 1 cent.

9 juniors down to 3 up on Monday

Access at new high on Monday

Access at new high on Monday

The junior market closed on Monday with declining stocks having the upper hand on advancing ones, with low volume of stocks changing hands but with a heighted number of securities being active.
The market rose 15.15 points to end at 1,999.18 with 18 securities trading of which 9 declined and 3 advanced. The market ended with 729,681 units changing hands, valued at $3,325,492 and with 2 stocks closing at a 52 weeks’ high. At the close, 1 security ended with no bid and 5 securities had no stocks being offered for sale. There were 7 stocks closing with bids that were higher than their last selling prices and none ended with lower offers.
In trading, Access Financial Services gained $2.75 to close at a 52 weeks’ high of $20.20, with 100 units changing hands, AMG Packaging had 8,809 units changing hands for a loss of 50 cents to close at $12, Blue Power ended with 794 shares changing hands with a loss of 5 cents at $10. C2W Music traded 6,500 units at 45 cents, Caribbean Cream lost 7 cents to close at $4.08 with 48,440 units trading, Carib Flavours had 11,936 units changing hands at $8.60, Caribbean Producers had 48,187 units changing hands to close with a loss of 30 cents at $4.55, Consolidated Bakeries traded 6,006 units but lost 1 cent to end at $1.59. Dolphin Cove had 1,700 units changing hands to close with a loss of 55 cents at $15.40, JM sum 07-03-16General Accident lost 20 cents in closing at $2.60 with 12,305 shares changing hands, Honey Bun traded 20,342 shares to close with a loss of $2.50 at $14, Jamaican Teas ended with 4,055 units changing hands at $6.80. Lasco Distributors closed with 10,500 units trading to end 40 cents higher at $6, Lasco Financial fell 4 cents to end at $3.02 with 31,275 shares changing hands, Lasco Manufacturing ended trading 457,028 shares to close at $4. Medical Disposables traded 16,542 units and closed at $3.50, Paramount Trading ended with 150 units trading with a gain of 34 cents to close at a 52 weeks’ high of $11.65 and tTech traded 45,012 shares to close at $4.50.