Palace plunged $500 on Wednesday

November 14, 2018 by

Palace Dropped $500 back to $1,000.

After months with no trades, with investors offering the stock well below that last traded price of $1,500, Palace Amusement finally traded but with just 100 units, the trade took place on The Jamaica Stock Exchange on Wednesday for $500 less than the previous traded price. 
Market activity closed with 33 active securities in the main and US dollar markets, compared to 30 on Tuesday with the prices of 10 stocks rose, 9 declined and 14 remained unchanged.
The All Jamaica Composite Index lost 139.79 points to close at 390,797.85 and the JSE Index declined by 127.37 points to close at 356,061.07.
Main market trading closed with Jamaica Broilers leading with 2,506,851 units, or 34.7 percent of the day’s volume, Scotia Group with 1,533,780 units and 21 percent of volume traded and Radio Jamaica with 1,002,700 units accounting for 13.9 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 3 stocks ending with the bid higher than the last selling prices and 5 closing with lower offers.
Trading closed with 7,229,792 units valued at $190,325,727 changing hands compared with 2,275,042 units valued at $61,431,938 being exchanged, on Tuesday.
Trading resulted in an average of 225,931 units valued at over $5,947,679, in contrast to 81,252 shares valued at $2,193,998 on Tuesday. The average volume and value for the month to date, amounts to 265,815 valued at $3,175,481, compared to 270,542 valued at $2,810,418. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments shed 50 cents to close at $20, trading 12,416 shares, Berger Paints shed $2.95 and ended at $20, trading 3,500 stock units, Caribbean Cement climbed $1 to close at $50 in trading of 13,030 shares, Grace Kennedy lost 70 cents and ended trading 63,596 shares at $55. Jamaica Broilers traded 40,054 stock units and rose $1.32 to close at $30, Jamaica Stock Exchange gained 50 cents, in closing at $11, trading 277,496 shares, JMMB Group fell 50 cents and ended at $32.50, with an exchange of 36,416 shares, Kingston Wharves climbed $2 to $78 trading 20,100 shares, Mayberry Investments added 43 cents to settle at $10, in exchanging 26,167 units, NCB Financial Group dropped $1.99 in trading of 91,041 shares at $130.01. Palace Amusement traded just 100 units but fell $500 in closing at $1,000, PanJam Investment lost $1.20 in closing at $64.50, with an exchange of just 3,690 stock units, Pulse Investments rose 60 cents in trading 3,000 units at $3.60, Sagicor Group rose 55 cents to $39.55, trading 222,240 shares, Salada Foods gained 50 cents and settled at $21.50, trading 14,000 shares, Scotia Group traded 1,533,780 shares and declined $1.70 at $48.80 and Seprod dived $8 to end trading 4,389 shares at $27.
Trading in the US dollar market saw Proven investments as the sole stock to trade and completed trading of a mere 367 shares and rose 0.5 cents to end at 20 U$ cents.The JSE USD Equities Index rose 1.86 points to close at 162.78.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

More decline for Junior Market – Wednesday

November 14, 2018 by

Stocks mostly gained at the close of trading on the Junior Market on Wednesday with the market Index declining 32.11 points to close at 3,186.39 as 25 securities changed hands versus 20 on Tuesday.
At the close on Wednesday just, with 9 stocks rising, 10 declining and 6 remaining unchanged with an exchange of 3,017,657 units valued at $9,935,529, compared to 1,254,634 units valued at $4,719,006 on Tuesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed Wednesday with 5 stocks ending with bids higher than their last selling prices, while 4 closed with lower offers. The market closed before a series of results were posted. The picture that was painted is that the results are mixed with some likely to encourage selling and fewer that will result in prices moving up. With 2018 almost ended, investors should start planning for the winners in 2019 as such some poor results now could point to big winners next year.
Trading ended with an average of 120,706 units for an average of $397,421 in contrast to 50,185 units for an average of $188,760 on Tuesday. The average volume and value for the month to date amounts to 108,057 units valued at $537,578 and previously 106,499 units valued at $554,839. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, AMG Packaging ended with a loss of 10 cents at $1.75, with 44,342 stock units changing hands, CAC 2000 closed at $16, in exchanging 2,562 shares, Caribbean Cream ended trading 14,500 shares to close at $6, Caribbean Flavours traded just 100 stock units $2 higher at $20, Derrimon Trading ended at $2.70, with 33,664 shares changing hands. Elite Diagnostic finished with a loss of 10 cents at $3.30, while 3,685 stock units changed hands, Everything Fresh lost 15 cents in trading 183,881 shares to close at of $1.75, Express Catering ended trading with a loss of 44 cents at $7.55, with 16,043 shares, FosRich Group traded 36,429 shares and rose 20 cents to $3.40, General Accident finished trading 1,051,170 share, 25 cents higher at $4. GWest Corporation closed 10 cents higher at $1.90, with 32,750 stock units changing hands, Honey Bun ended with a loss of 48 cents at $3.51, trading 70,766 units, Indies Pharma ended trading of 56,697 shares and lost 5 cents to close at $3.05, Iron Rock concluded trading of 20,000 shares, with a loss of 49 cents at $4.50, Jamaican Teas settled at $3.90, with 261,000 shares changing hands. Jetcon Corporation ended trading with 33,200 stock units and jumped 65 cents to $4.50, KLE Group finished trading 88,888 shares, with a rise of 10 cents to $4, Knutsford Express closed at $12, with 200 shares trading, Lasco Distributors ended 10 cents higher at $4, with 101,180 shares changing hands. Lasco Financial concluded trading of 17,648 stock units with a loss of 34 cents at $4.85, Lasco Manufacturing finished 1 cent higher at $3.18, in exchanging 331,709 units, Main Event settled at $5.55, with 13,287 shares changing hands, Medical Disposables ended trading with a loss of 45 cents at $7.65, with an exchange of 500 shares, SSL Venture Capital traded 581,561 shares with a loss of 5 cents at $1.76 and tTech ended 50 cents higher at $6.50, with 21,895 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , ,

Republic in big fall takes TTSE with it

November 14, 2018 by

Republic Bank

Republic Financial dropped $7.24 and the large capitalized stock, First Caribbean International Bank shed 15 cents along with 7 other companies declined to put a big dent into the market indices on the Trinidad & Tobago Stock Exchange on Wednesday.
Market activities ended with 19 securities trading versus 16 on Tuesday, 3 advancing, 9 declining and 7 remaining unchanged. The market closed with one stock trading at 52 weeks’ high and two at 52 weeks’ low as 119,782 units valued at $2,475,785 traded, compared to 135,571 units valued at $824,024 changing hands on Tuesday.
The Composite Index dropped 14.27 points to 1,237.16. The All T&T Index declined 25.10 points to 1,689.91, while the Cross Listed Index fell 0.43 points to close at 105.62.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 3 stocks ending with higher bids than the last selling prices and 5 with lower offers.
Stocks closing with gains| Agostini’s rose 20 cents and completed trading at $23.40, after exchanging 285 shares, Angostura Holdings closed with an increase of 10 cents and settled at $15.70, with 800 stock units changing hands and West Indian Tobacco ended trading of 1,070 units after rising 50 cents to $95.
Stocks closing with losses|Ansa Mcal shares fell 50 cents and concluded trading of 78 units at $55, Clico Investments closed with a loss of 5 cents and settled at $20.15, with 1,077 stock units changing hands, First Caribbean International Bank shed 15 cents and concluded market activity at $8.15, with 15,901 units trading, First Citizens lost 35 cents and ended at $32.65, after exchanging 5,617 shares, Grace Kennedy ended trading of 1,000 stock units having fallen 19 cents to settled at $2.81, JMMB Group concluded trading with a loss of 3 cents at $1.77, after exchanging 5,000 shares, Republic Financial Holdings dropped $7.24 and completed trading at $103.76, after exchanging 4,921 shares, Trinidad & Tobago NGL shares fell 2 cents and ended at $29.49, in exchanging 6,225 shares and Unilever Caribbean closed with a loss of 50 cents and settled at a multi-year low of $23, with 1,738 stock units changing hands.
Stocks trading with no price change| Guardian Holdings concluded trading 10,877 units at $17, Massy Holdings completed trading at $46.83, after exchanging 940 shares, National Flour ended at $1.68, with 4,500 units trading, NCB Financial Group ended at $6.50, after exchanging 46,733 shares, Prestige Holdings concluded trading of 2,000 units at $7.30, Sagicor Financial settled at $7.39, with 10 stock units changing hands and Scotiabank ended at $64.50, trading 11,010 units.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

Early Xmas present for Jamaicans

November 14, 2018 by

Imports of fuel fell in 2016

Consumers are set to get early Christmas present thanks to a sharply appreciating local dollars and a big drop in the price of oil.
The price of West Texas Crude oil is now down to 55.73 per barrel for the first time in almost a year. The price was at US$55.33 at the start of November last year and started to climb sharply after December to hit US$71 by mid-May this year and just over US$76.40 at the beginning of October before it started a steep decent to today’s level. The technical chart suggest that it could go lower still with excess supplies on the world market and slowing demand.
The cut in price has several implications for Jamaica that is a big importer of the product. It could mean savings in Foreign exchange around US$40 million per month at the current price. It will ease consumers cost as prices of petrol and electricity fall, but government will collect less taxes from petrol and GCT from JPS bills.
The fall also has implications for Bank of Jamaica with their inflation targeting, pitched extremely high originally at more than 4 percent and revised recently down to 3.5 percent on the low end for the fiscal year to March 2019. Those targets seem off as the fall in the price of oil coupled with the sharp revaluation of the local dollar is set to push the country through another round of deflation once more.

Filed Under: Breaking News, Economy Tagged With: , , ,

Sterling’s stock split effective November 27

November 14, 2018 by

Sterling Investments jumps to a high of $19 after split announcement.

The record date of the recently approved 5 for 1 stock split for Sterling Investments will be November 27, the company announced.
The split aimed at increasing the liquidity of the stock was approved by shareholders at an Extraordinary General Meeting on October 8.
Sterling’s most recent results to September, showed that the company’s fundamentals to be healthy, with gross revenues for the period hitting $134 million for the nine months to September 2018, an increase of 44 percent over revenues of $93 million in the similar period in 2017. Profit after tax grew 53 percent to $90 million for the nine months ended September, compared to $59 million in 2017.
For the September quarter, revenues rose to $56 million from $31 million in 2017, resulting in profit after tax for the quarter of $38.7 million versus $16 million in 2017. The 2018 result compares well with the full year results for 2017 when profit of just $52 million was realized from $92 million in revenues.
Sterling garnered $74 million in foreign exchange gains for the nine months period compared to just $11 million for the similar period in 2017 and $35 million versus $9 million in the quarter. Some of that seems set to be reversed in the final quarter of the year as the Jamaican dollar has since revalued and is unlikely to be reversed before year end.
The company reported that details of the upcoming rights issue will be announced shortly. IC Insider.com gathers that the plan was originally, for the split to have followed the rights issue, but that seems to have changed with the announcement of the date for the split.
Shareholders’ equity increased from $895 million at September 2017 to $922 million at September 2018 while total assets under management amounted to $1.27 billion.
The stock last traded at $20.50 on the Jamaica Stock Exchange up from from $14.50 at the time the proposed split was announced in mid September.

Filed Under: Company News, Company Results Tagged With: , , , ,

JSE main market down again on Tuesday

November 13, 2018 by

The Jamaica Stock Exchange main market lost ground on Tuesday but with the advancing stocks just edged out declining stocks by one.
Market activity closed with 30 active securities in the main and US dollar markets, compared to 29 on Monday with the prices of 10 stocks rose, 9 declined and 11 remained unchanged.
The All Jamaica Composite Index lost 1,977.46 points to close at 390,937.64 and the JSE Index declined by 1,801.69 points to close at 356,188.44.
Main market trading closed with Scotia Group leading with 498,076 units, or 22 percent of the day’s volume, Wisynco Group with 438,385 units and 19 percent of volume traded and Mayberry Jamaican Equities with 420,374 units accounting for 18.5 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 3 stocks ending with the bid higher than the last selling prices and 5 closing with lower offers.
Trading closed with 2,275,042 units valued at $61,431,938 changing hands compared with 2,530,491 units valued at $58,080,585 being exchanged, on Friday.
Trading resulted in an average of 81,252 units valued at over $2,193,998, in contrast to 93,722 shares valued at $2,151,133 on Monday. The average volume and value for the month to date, amounts to 270,542 valued at $2,810,418, compared to 292,443 valued at $2,890,696. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments gained 50 cent to close at $20.50, trading 550 shares, Caribbean Cement jumped $5 to close at $49 in trading of 18,535 shares, Jamaica Producers gained $1 to end at $24, trading 15,800 shares, JMMB Group fell 90 cents and ended at $33, with an exchange of 110,598 shares, Kingston Wharves dropped $2 to $76 trading 4,800 shares, Mayberry Investments shed 43 cents to settle at $9.57, in exchanging 32,704 units, NCB Financial Group lost $1 and ended trading 127,194 shares at $132, after trading at a 52 weeks’ high of $135.01. PanJam Investment gained $1.70 in closing at $65.70, with an exchange of just 500 stock units, Sagicor Group rose 50 cents to $39, trading 13,945 shares, Sagicor Real Estate Fund gained 50 cents and settled at $12.50, trading 297 shares and Seprod fell $1 and finished trading 4,833 shares at $35.
Trading in the US dollar market ended with 12,200 units valued at over US$20,506 traded, Proven investments completed trading of 429,681 shares and fell 3.5 cents to end at 19.5 U$ cents and Sygnus Credit Investments traded 2,500 units after falling 1 cent to 10 US cents. The JSE USD Equities Index declined by 14.71 points to close at 160.92.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market pulled back on Tuesday

November 13, 2018 by

Stocks mostly gained at the close of trading on the Junior Market on Tuesday with the market Index declining 14.45 points to close at 3,218.50 as 25 securities changed hands versus 20 on Monday.
At the close on Tuesday just, with 6 stocks rising, 10 declining and 9 remaining unchanged with an exchange of 1,254,634 units valued at $4,719,006 compared to 1,232,739 units valued at $4,669,444 on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator closed Tuesday with 4 stocks ending with bids higher than their last selling prices, while 2 closed with lower offers.
Trading ended with an average of 50,185 units for an average of $188,760 in contrast to 53,597 units for an average of $203,019 on Monday. The average volume and value for the month to date amounts to 106,499 units valued at $554,839 and previously 114,409 units valued at $518,311. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, Blue Power concluded trading with a loss of 1 cent at $5.49, with 916 units, Cargo Handlers settled at $13, in trading 7,708 shares, Caribbean Cream ended trading at $6, with 115,002 shares, Caribbean Producers finished trading of 40,261 units, with a loss of 49 cents at $5.51, Consolidated Bakeries closed at $2, with an exchange of 43,693 shares. Derrimon Trading ended at $2.70, with the swapping of 40,500 shares, Dolphin Cove concluded trading with a loss of 8 cents at $14.80, with 2,756 shares changing hands, Elite Diagnostic finished 21 cents higher at $3.40, with an exchange of 2,606 stock units, Everything Fresh lost 10 cents, in closing trading with 75,706 shares to close at of $1.90, Express Catering ended trading of 5,850 shares with a loss of 1 cent at $7.99. FosRich Group traded 95,406 shares, with a loss of 55 cents to end at $3.20, General Accident finished trading 178,900 shares, to close 15 cents higher at $3.75, GWest Corporation closed with a loss of 20 cents at $1.80, with 33,757 stock units trading, Honey Bun ended at $3.99, with 2,900 units passing through the market. Indies Pharma ended trading of 52,586 shares and gained 10 cents to close at $3.10, Jetcon Corporation ended trading with a loss of 7 cents at $3.85, with 70,501 stock units after trading as high as $4.50, Key Insurance traded 300,000 units at $3.25, Lasco Distributors ended with a loss of 10 cents at $3.90, with 4,000 shares being exchanged, Lasco Financial concluded trading 19 cents higher at $5.19, with 4,611 stock units. Lasco Manufacturing finished at $3.17, trading 115,688 units, Main Event settled with a loss of 5 cents at $5.55, with an exchange of 10,200 shares, Medical Disposables ended trading 14,200 shares and close 10 cents higher at $8.10, SSL Venture Capital traded 17,050 shares at $1.81, Stationery and Office finished trading of 19,737 stock units and moved 30 cents higher to $9.50 and tTech ended activity at $6, in exchanging just 100 shares.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Republic & Witco climb again on TTSE

November 13, 2018 by

Republic Financial climbed $1 to a 52 weeks’ high of $111 and West Indian Tobacco rose 30 cents on the Trinidad & Tobago Stock Exchange on Tuesday and remained poised for more gains.
West Indian Tobacco closed higher slightly higher but closed with the bid at $94.20 to buy 3,950 shares with none on offer at the close, as investors respond to improved results and a pending stock split.
Market activities ended with 16 securities trading versus 12 on Monday, 8 advancing, 5 declining and 3 remaining unchanged. The market closed with one stock trading at 52 weeks’ high and two at 52 weeks’ low as 135,571 units valued at 824,024 traded, compared to 449,177 units valued at 8,056,501 changing hands on Monday.
The Composite Index climbed 3.03 points to 1,251.43. The All T&T Index rose 4.81 points to 1,715.01, while the Cross Listed Index rose 0.16 points to close at 106.05.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 3 stocks ending with higher bids than the last selling prices and 2 with lower offers.
Stocks closing with gains| Clico Investments ended trading with a rise of 20 cents to close at $20.20, with 3,205 stock units changing hands, First Citizens finished 26 cents higher and completed trading at $33, after exchanging 4,061 shares, JMMB Group concluded trading of 105,700 shares and gained 8 cents to settle at $1.80, National Flour added 6 cents and ended at $1.68, with 500 units trading, Republic Financial Holdings gained $1 in settling at $111, after exchanging just 10 shares. Trinidad & Tobago NGL increased 1 cent and completed trading at $29.51, after exchanging 8,284 shares, Trinidad Cement rose 5 cents and settled at $2.70, exchanging 4,100 shares and West Indian Tobacco closed with a gain of 30 cents and ended at $94.50 trading 245 units.
Stocks closing with losses|Agostini’s lost 20 cents and settled at $23.20, after exchanging 421 shares, Angostura Holdings ended trading 10 cents lower at $15.60, with 64 stock units changing hands, Massy Holdings concluded trading of 1,269 shares with a loss of 17 cents to close at $46.83, Prestige Holdings traded with a loss of 20 cents and ended at a 52 weeks’ low of $7.30, with 1,000 units and Sagicor Financial closed with a loss of 1 cent and ended at a 52 weeks’ low of $7.39, with 2,050 stock units changing hands.
Stocks trading with no price change| National Enterprises closed at $8.44, with 100 stock units changing hands, NCB Financial Group completed trading at $6.50, after exchanging 3,949 shares and Scotiabank ended at $64.50, as just 613 units changing hands.

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

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

JSE main market in modest gain on Monday

November 12, 2018 by

The Jamaica Stock Exchange main market made modest gains in closing of Monday but with an adverse advance decline ratio.
Market activity closed with 29 active securities in the main and US dollar markets, compared to 27 on Friday with the prices of 9 stocks rising, 12 declining and 8 remaining unchanged.
The All Jamaica Composite Index rose 2 437.04 points to close at 392,915.10 and the JSE Index gained 398.19 points to close at 357,990.13.
Main market trading closed with Carreras leading with 712,517 units, or 28 percent of the day’s volume and Wisynco Group with 397,647 units and 15.7 percent of volume traded.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 1 stock ending with the bid higher than the last selling price and 4 closing with lower offers.
Trading closed with 2,530,491 units valued at $58,080,585 changing hands compared with 4,441,819 units valued at $191,130,108 being exchanged, on Friday.
Trading resulted in an average of 93,722 units valued at over $2,151,133, in contrast to 177,673 shares valued at $7,645,204 on Friday. The average volume and value for the month to date, amounts to 292,443 valued at $2,890,696, compared to 317,399 valued at $2,996,910. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Caribbean Cement added $1.75 to close at $44 in trading of 18,535 shares, Grace Kennedy lost 30 cents in trading 9,286 shares to close at $55.70, Jamaica Broilers lost 50 cents to end at $28.50, trading 15,793 shares, JMMB Group fell 90 cents and ended at $33, with an exchange of 110,598 shares, Kingston Wharves jumped $2 to $78 trading 5,725 shares, Mayberry Investments shed 50 cents to settle at record high of $10, in exchanging 10,100 units, PanJam Investment gained $1 in closing at $64, with an exchange of just 500 stock units, Sagicor Group declined $1.50 to $38.50, trading 42,898 shares, Sagicor Real Estate Fund fell 50 cents and settled at $12, trading 943 shares, Scotia Group rose 50 cents in trading 145,471 shares to close at $50.50, Seprod lost $2 and finished trading of 17,539 shares at $36,and Supreme Ventures rose $1, ending at $17, trading 126,262 units.
Trading in the US dollar market ended with 12,200 units valued at over US$20,506 traded, with JMMB Group 5.75% percent preference share completed trading of 10,000 to end at $2 and Proven investments completed trading of 2,200 shares and gained 3 cents to end at 23 U$ cents. The JSE USD Equities Index advanced by 10.30 points to close at 175.63.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

Junior Market gained on Monday

November 12, 2018 by

The Junior Market followed up gain on Friday with another increase on Monday with the market Index advancing 17.44 points to close at 3,232.95.
At the close on Monday just 23 securities changed hands versus 20 on Friday, with 5 stocks rising, 10 declining and 8 remaining unchanged leading the Junior Market Index to gain 14.49 points to close at 3,215.12
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading turned positive at the close of Monday with 5 stocks ending with bids higher than their last selling prices, while one closed with a lower offer.
The day’s activity ended with an exchange of 1,232,739 units valued at $4,669,444 compared to 1,378,210 units valued at $4,765,299 on Friday.
Trading ended with an average of 53,597 units for an average of $203,019 in contrast to 68,911 units for an average of $238,265 on Friday. The average volume and value for the month to date amounts to 114,409 units valued at $518,311 and previously 123,432 units valued at $565,096. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
At the close of trading, Access Financial lost 50 cents to close at $49.50, in trading 175 shares, Cargo Handlers settled at $13, in exchanging 200 shares, Caribbean Cream ended trading 70 cents higher at $6, with 9,000 shares, Caribbean Producers traded 2,000 units at $6, Consolidated Bakeries closed at $2 in swapping 150 shares. Derrimon Trading ended with a loss of 8 cents at $2.70, as 50,945 shares changed hands, Elite Diagnostic finished with a loss of 21 cents at $3.19, with an exchange of 17,459 stock units, Everything Fresh closed trading with 27,394 shares to close at $2, Express Catering ended trading at $8, with 10,000 shares, FosRich Group traded 28,212 shares with an increase of 55 cents to $3.75. General Accident finished trading 2,400 shares and rose 10 cents to close at $3.60, GWest Corporation closed 10 cents higher at $2, with 1,913 stock units changing hands, Honey Bun ended with a loss of 1 cent at $3.99, while exchanging 7,530 units, Jamaican Teas settled with a loss of 5 cents at $3.90, with 13,115 shares trading. Indies Pharma ended trading 130,739 shares and declined 10 cents to close at $3, Jetcon Corporation ended trading 17 cents higher at $3.92, with 246,091 stock units, Knutsford Express closed at $12, in trading 1,200 shares, Lasco Distributors ended with a loss of 5 cents at $4, with 189,595 shares changing hands, Lasco Financial concluded trading with a loss of 25 cents at $5, with 160,971 stock units. Lasco Manufacturing lost 1 cent to close at $3.17, with 312,100 units, Medical Disposables ended trading 10,000 shares with a loss of 30 cents at $8, SSL Venture Capital traded 10,000 shares at $1.81 and Stationery and Office finished trading 1,550 stock units at $9.20.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,