The Junior Market Index dived 44.46 points to close at 3,265.13, on Wednesday with 30 securities traded, compared to 23 on Tuesday, as 14 advanced, 9 declined and 7 remained unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading jumped sharply to 7 stocks ending with bids higher than their last selling prices, while 2 closed with lower offers.
The market traded a mere 427,247 units valued at $2,611,085 compared to 549,331 units valued at $2,101,338 on Tuesday.
Trading ended with an average of a mere 14,242 units for an average of $87,036 in contrast to 23,884 units for an average of $91,363 on Tuesday. The average volume and value for the month to date amounts to 65,954 units valued at $303,460 and 69,570 units valued at $318,595, previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, Access Financial closed 60 cents higher at $46.10, in exchanging 290 shares, AMG Packaging ended with a loss of 2 cents at a 52 weeks’ low of $1.80, with 2,000 stock units trading, Blue Power concluded trading of 12,076 units, with a loss of 54 cents to close at $6.50, CAC 2000 fell $1 to $16, with 13,439 shares changing hands, Cargo Handlers settled with a loss of 1 cent at $12.75, with 3,628 shares being traded. Caribbean Cream ended trading 55 cents higher at $5.35, with 20,000 shares, Caribbean Producers finished trading 1,936 units at $6.84, Consolidated Bakeries closed 10 cents higher at $2.40, swapping 5,000 shares, Derrimon Trading gained 2 cents to $2.82, with 10,244 shares trading. Dolphin Cove concluded trading of 29,000 shares with a loss of $2.20 to end at $14.80, Elite Diagnostic finished 5 cents higher at $3.45, swapping 13,958 stock units, Everything Fresh gained 8 cents in trading 18,000 shares to close at $1.88, Express Catering ended trading 17,300 shares with a loss of 30 cents to close at $8, FosRich Group traded 3,000 shares with a loss of 70 cents to finish at $3.10. General Accident finished trading 2,000 shares and rose 25 cents to $3.95, GWest Corporation closed with a gain of 5 cents at $1.60, in exchanging 39,615 stock units, Honey Bun ended at $4.05, with 300 units
changing hands, Indies Pharma gained 5 cents to end at $3 with 8,564 shares changing hands, Iron Rock concluded trading of 2,000 shares and rose 3 cents to $4.73. Jamaican Teas settled at $4.10, with a mere 100 shares trading, Jetcon Corporation ended trading of a mere 200 stock units and rose by 35 cents to $3.85, Knutsford Express closed at $12, with 11,495 shares trading, Lasco Distributors ended with a loss of 4 cents at $3.90, with 64,426 shares being exchanged. Lasco Financial concluded trading of 96,407 stock units at $5.30, Lasco Manufacturing closed at $3.50, with 7,932 units changing hands, Main Event settled at $6, in trading 6,938 shares, Medical Disposables ended trading with 650 shares after rising 30 cents to a 52 weeks’ high of $7.50, Paramount Trading traded 25 cents higher at $2.75, with 2,000 shares,SSL Venture Capital traded 1,000 shares and gained 5 cent to close at $2.05 and Stationery and Office finished trading 33,749 stock units with a loss of 40 cents to $9.50.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market drops points

Blue Power ended trading at a new record closing high.
The Junior Market Index slipped 10.99 points on Tuesday to close at 3,309.59, with 23 securities traded, the same as on Monday, as 9 advanced, 10 declined and 4 remained unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading jumped sharply to 8 stocks ending with bids higher than their last selling prices, while 2 closed with lower offers.
The market traded a mere 549,331 units valued at $2,101,338 compared to 1,064,667 units valued at $4,531,797 on Monday.
Trading ended with an average of 23,884 units for an average of $91,363 in contrast to 46,290 units for an average of $197,035 on Monday. The average volume and value for the month to date amounts to 69,570 units valued at $318,595 and 72,158 units valued at $331,468, previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, Blue Power concluded trading of 2,764 units as the price rose 54 cents higher to end at record closing high of $7.04, Cargo Handlers settled 26 cents higher at $13.75, in the swapping of 1,406 shares, Caribbean Producers finished trading 29,732 units and the price climbed 9 cents to $6.84, Consolidated Bakeries closed 30
cents higher at $2.30, with 4,612 shares changing hands, Derrimon Trading ended with a loss of 2 cents at $2.80, trading 69,406 shares. Dolphin Cove concluded trading of 5,000 shares at $17, Express Catering ended trading 15,327 shares, with a loss of 20 cents at $8.30, FosRich Group traded just 516 shares with a loss of 10 cents to close at $3.80, General Accident finished trading 3,010 shares with a loss of 25 cents to $3.70. GWest Corporation closed with a loss of 25 cents at an all-time low of $1.55, with 54,823 stock units changing hands, Honey Bun ended 5 cents higher at $4.05, exchanging 5,906 units, Indies Pharma gained 9 cents to end at $2.95 with 220,937 shares changing hands. Jamaican Teas settled 10 cents higher at $4.10, while trading 8,857 shares, Jetcon Corporation ended the trading of 4,872 stock units with a loss of 40 cents at $3.50, Knutsford Express closed at $12, with 3,000 shares changing hands, Lasco Distributors
ended with a loss of 6 cents at $3.94, in swapping 56,009 shares, Lasco Financial concluded trading of 12,365 stock units with a loss of 15 cents at $5.30, Lasco Manufacturing finished with a loss of 26 cents at $3.50, in exchanging 2,894 units. Main Event settled 5 cents higher at $6, with 13,581 shares trading, Medical Disposables ended trading at $7.20, with 18,100 shares changing hands, after it traded at $9.50, SSL Venture Capital traded 13,416 shares at $2 and Stationery and Office finished trading 40 cents higher at $9.90, with just 2,533 stock units. In the junior market preference segment, Eppley 8.25% preference shares ended trading of 265 units lost 5 cents to close at $6.06.
Prices of securities trading for the day are those at which the last trade took place.
4 stocks up 1 down on TTSE on Tuesday
Stocks mostly rose in trading on the Trinidad & Tobago Stock Exchange on Tuesday, with trading in 12 securities against 17 on Monday, with 4 advancing, 1 declining and 7 remaining unchanged.
The market ended trading of 54,899 shares at a value of $524,117, compared to 360,703 shares at a value of $3,202,642 changing hands on Monday.
Trading closed, with the Composite Index rising 0.10 points to 1,232.93, the All T&T Index gained 0.59 points to 1,699.99, while the Cross Listed Index shed 0.06 points to close at 103.01.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 4 stocks ending with higher bids than the last selling prices and 3 with lower offers.
Stocks to Watch include, a number of them that are exhibiting bullish tendencies and may be moving higher in the days ahead, the group are, Agostini’s, Ansa McAl, Republic Holdings, Point Lisas and West Indian Tobacco.
Stocks closing with gains| Clico Investments gained 2 cents and settled at $20.20, with 9,496 stock units changing hands, First Citizens closed with an increase of 7 cents to end at $32.75, after exchanging 822 shares, Grace Kennedy rose 3 cents and settled at $2.78, with 750 stock units changing hands and Sagicor Financial closed with a rise of 1 cent at $7.52, with 17,007 stock units changing hands.
Stocks closing with losses| JMMB Group closed with a loss of 1 cent and completed trading at $1.61, after exchanging 14,715 shares.
Stocks trading with no price change| Guardian Holdings concluded trading of 5,000 units at $16.90, Massy Holdings completed trading at $46.92, after exchanging 614 shares, National Flour concluded market activity with 5,306 units being traded at $1.70, Scotiabank ended at $64.75, trading 219 units, Trinidad & Tobago NGL ended at $29.50, after exchanging 169 shares, Trinidad Cement completed trading at $2.65, after exchanging 708 shares and West Indian Tobacco concluded trading of 93 units at $90.
Prices of securities trading for the day are those at which the last trade took place.
Just 1 gain for TTSE on Monday
Stocks mostly rose in trading on the Trinidad & Tobago Stock Exchange on Monday, with trading in 17 securities against 18 on Friday, with 1 advancing, 8 declining and 7 remaining unchanged.
The market ended trading of 360,703 shares at a value of $3,202,642 compared to 276,756 shares at a value of $7,002,384 changing hands on Friday.
Trading closed, with the Composite Index declining 0.32 points to 1,232.83, the All T&T Index fell 0.68 points to 1,699.40, while the Cross Listed Index added just 0.01 points to close at 103.07.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 6 stocks ending with higher bids than the last selling prices and 2 with lower offers.
Stocks to Watch include, a number of them that are exhibiting bullish tendencies and may be moving higher in the days ahead, the group are, Agostini’s, Ansa McAl, Republic Holdings and Point Lisas.
Stocks closing with gains| Republic Financial Holdings gained 35 cents and concluded trading at a 52 weeks’ high of $106.35, after exchanging 135 shares.
Stocks closing with losses| Clico Investments fell 17 cents and ended at $20.18, with 1,604 stock units changing hands, Guardian Holdings closed with a loss of 2 cents and completed trading at $16.90, with 12,000 units, JMMB Group shed 1 cent and ended at $1.62, after exchanging 5,176 shares, National Enterprises lost 5 cents and ended at $8.96, with 3,246 stock units changing hands, NCB Financial Group ended trading 5 cents lower and
settled at $6.10, after exchanging 21,100 shares, Sagicor Financial concluded trading with a loss of 4 cents and ended at $7.51, with 2,000 stock units changing hands, Scotiabank ended with a loss of 10 cents and completed trading at $64.75, with 240 units and Trinidad Cement shares fell 5 cents to $2.65, after exchanging 50 shares.
Stocks trading with no price change| Angostura Holdings ended at $15.75, with a mere 2 stock units changing hands, Ansa Mcal completed trading at $55.50, with 2,336 units, First Citizens settled at $32.68, after exchanging 180 shares, Massy Holdings closed at $46.92, after exchanging 366 shares, National Flour completed trading at $1.70, with 50 units, Prestige Holdings traded 300,330 units at $7.50 and Trinidad & Tobago NGL settled at $29.50, after exchanging 11,888 shares.
Prices of securities trading for the day are those at which the last trade took place.
Big boost for Access from new Acquisition
In its quest for continued growth by acquisition Junior Market listed Access Financial Services announces yet another prospective acquisition.
The micro lender has indicated that it has reached an agreement to acquire a Florida based consumer finance company. The release by the company states that the successful completion of the acquisition expected to be completed in 90 days, is subject to satisfaction of all conditions of the purchase agreement and applicable legal and regulatory approvals.
Usually reliable source indicates that this acquisition when concluded will swell Access assets by US$8 or J$1 billion and will increase Access size by 25 percent. Estimated revenues should be approximately US$4 million per annum at the present level of business. The business is based on lending, for up three months with loans usually under US$1,000. The loans are collateralized by motor vehicles titles. The entire loan process is done on line thus requiring limited staffing. According to a report online, “today in Florida, we have car title loan clients achieving 90 percent to 140 percent per annum on their loan portfolios.”

Access Financial
This acquisition when completed will bring to 5, the number of entities Access acquired since 2015. In 2017, the loan portfolio, fixed assets and trade name of Micro Credit Limited. In 2016, Access purchased the business of Damark Limited comprising mainly the loan portfolio, fixed assets, trademark for $180 million. In 2015, Access acquired the loan portfolios of Asset Management Company, formerly operated by Scotia Investments.
Access recorded net profit after tax of $217 million from revenues of $457 million for the quarter ended June this year up 16 percent over net profit of $188 million for the corresponding period in 2017. Total assets at June, amounted to $3.86 billion.
The company’s stock is listed on the Junior Market of the Jamaica Stock Exchange and last traded at $45.50.
The number of securities trading rose on Tuesday on the Jamaica Stock Exchange main and US markets to 36 up from 32 on Monday but with less volume of 2,431,671 units valued at $40,003,992 compared with 5,670,913 units valued at $98,003,071 changing hands, on Monday.
18,055 shares, Proven Investments ended trading 18,819 shares in the Jamaican dollar based market to close at a record $30 after rising $3.60, Sagicor Group fell by $2 cent to $44, trading 17,852 shares, Scotia Group gained 50 cents in trading 255,885 units to close at $52.50,
The Junior market tumbled 5 percent during the past week and shook up the TOP 10 stock list resulting in Caribbean Cream that fell out of the list last week coming back in along with tTech, Jamaica Teas and 


company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.
The Jamaica Stock Exchange main market closed higher on Monday with 6 securities rising and 14 declining, resulting from 32 securities trading, including 2 in the US dollar market, compared to 27 trading on Friday. 
shares, Salada Foods climbed $3.10 to end trading 200 stock units at $24.90, Sagicor Real Estate Fund lost 35 cents to close at $13.25, trading 91,219 shares, Stanley Motta dropped 80 cents, trading 30,100 units to close at an all-time low of $4.20, Supreme Ventures declined by 51 cents to end at $17, with 57,512 shares changing hands and Victoria Mutual Investments fell 40 cents and concluded trading of 142,057 stock units at $4.10.
The Junior Market Index jumped 78.84 points on Monday to close at 3,320.58, with 23 securities traded versus 26 on Friday as 8 advanced, 8 declined and 8 remained unchanged.
finished with a loss of 1 cent at $17, trading 20,100 shares, Caribbean Producers finished trading 210 units at $6.75, Consolidated Bakeries closed with a loss of 30 cents at $2, in exchanging 60,307 shares, Derrimon Trading ended at $2.82, with 31,267 shares changing hands. Dolphin Cove concluded trading of 451 shares after rising $1 to $17, Elite Diagnostic finished with a loss of 10 cents at $3.40, with the trading of 21,494 stock units, Everything Fresh shed 20 cents in trading 111,715 shares to close at record low of $1.80, Express Catering ended trading of 5,000 shares, gaining 50 cents to $8.50, General Accident finished trading 1,503 shares at $3.95. Honey Bun ended at $4, with an exchange of 85,000 units, Indies Pharma fell 14 cents to end at $2.86 with 109,876 shares changing hands. Iron Rock concluded trading of 255,300 shares and rose 20 cents to close at $4.70, Jamaican Teas settled at $4, with 10,750
shares changing hands, Jetcon Corporation ended trading 99,501 stock units, 45 cents higher at $3.90, after hitting a 52 weeks’ low of $3.40 earlier in the trading session. KLE Group finished trading 23,665 shares with a loss of 5 cents at $3.75, Knutsford Express closed at $12, in exchanging 1,222 shares, Lasco Distributors ended with a loss of 6 cents at $4, trading 90,053 shares, Lasco Financial concluded trading 15 cents higher at $5.45, with 63,985 stock units. Lasco Manufacturing finished trading 3,400 units after rising 76 cents higher to $3.76, Main Event settled with a loss of 10 cents at $5.95, with 31,000 shares changing hands, Paramount Trading closed 30 cents higher at $2.50, exchanging 1,000 shares and Stationery and Office finished trading 27,868 stock units at $9.50.
The Junior Market Index declined again on Friday, dropping 41.51 and bringing the losses since Tuesday to 171.12 points or 5 percent as the market closed the week at 3,241.74. IC bid-offer Indicator suggest that the market could bounce big on Monday.
Trading ended with an average of 41,149 units for an average of $206,755 in contrast to 66,761 units for an average of $309,147 on Thursday. The average volume and value for the month to date amounts to 83,015 units valued at $339,541 and 76,083 units valued at $349,211, previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
19,254 units changing hands. Indies Pharma rose 30 cents to end at $3 with 86,875 shares changing hands. Jamaican Teas settled with a loss of 20 cents at $4, with 21,360 shares trading, Jetcon Corporation ended trading 131,851 stock units with a loss of 5 cents to end at $3.45, Knutsford Express closed 50 cents higher at $12, with 3,428 shares changing hands, Lasco Distributors ended 6 cents higher at $4.06, after exchanging 20,209 shares. Lasco Financial concluded trading 14,722 stock units to close at $5.30, Lasco Manufacturing finished with a loss of 30 cents to close at a 52 weeks’ low of $3, trading 226,840 units, Medical Disposables ended trading 1,000 shares with a loss of 29 cents at $7.20, Paramount Trading closed market activity with 1,084 shares trading to end 5 cents higher at $2.20. SSL Venture Capital traded 2,000 shares at $2, Stationery and Office finished trading 500 stock units with a loss of 40 cents to close at $9.50 and tTech ended at $5, with 4,800 shares changing hands.