
Lasco Distributors traded 3.78M shares.
The Junior Market rose at the close of trading on Wednesday with 20 securities changing hand, similar to that on Tuesday, leading to gains in 10 and declines in 5, while 5 remained unchanged. The Junior Market Index gained 11.96 points to end at 2,916.53.
Trading ended with an exchange of 4,712,347 units valued at $19,953,457 compared with just 1,074,280 units valued at a mere $4,821,468.
Market activity ended with an average of 235,617 units for an average of $997,673 compared to an average of 53,714 units for an average of $241,073 on Tuesday. The average volume and value for the month to date, amounts to 146,912 units at $599,293 compared to 139,096 units at $564,194 on the prior trading day.
March closed with an average of 149,999 units valued at $623,819, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 9 stocks ending with bids higher than the last selling prices and 3 with lower offers.
At the close of the market, AMG Packaging ended 6 cents higher at $2.06, with the trading of 76,950 stock units, Caribbean Producers finished trading with a loss of 35 cents at $4.65, with 41,835 units, C2W Music ended with a loss of 1 cent at 43 cents, with 14,000 shares, Derrimon Trading concluded trading 15 cents higher at $9.15, with 67,000 shares, Elite Diagnostic settled with a loss of 1 cent at $3.18, trading 34,294 units. Eppley ended trading with a loss of 1 cent at a 52 weeks’ low of $9.50, with 17,350 shares changing hands, Express Catering traded 8 cents higher at $5.33, with 20,000 shares,
FosRich Group finished trading at $2.55, with 143,514 shares, General Accident closed 15 cents higher at $3.15, with 25,000 stock units. ISP Finance settled 1 cent higher at $15, with 17,607 shares, Jamaican Teas ended trading after rising 3 cents to $5.03, with 25,000 stock units, Jetcon Corporation traded 1 cent higher at $4.16, with 73,064 units, Key Insurance finished trading with a rise of 40 cents to $3.40, with 121 shares. Knutsford Express ended at $14, with 200 shares traded, Lasco Distributors gained 13 cents to close at $4.15, with 3,775,816 stock units, Lasco Financial finished at $5.20, with 117,512 units, Lasco Manufacturing settled with a loss of 1 cent at $3.99, with 40,184 shares. Main Event ended trading 5 cents higher at $6.10, with 70,000 shares, Paramount Trading finished trading at $3.10, with 5,000 stock units and Stationery and Office closed at $6, with 147,900 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Trading resulted in an average of 216,141 units valued at an average of $3,540,055 for each security traded. In contrast to 138,060 units for an average of $5,524,374 on Tuesday. The average for the month to date is 897,409 shares with a value of $4,795,531 and previously 947,792 shares with a value of $4,897,207. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
West Indian Tobacco stock price dropped $3.51 to end at $85 and was the main reason for a big dip in the Trinidad & Tobago Stock Exchange index on Wednesday.
Losses| Guardian Holdings closed with a loss of 30 cents and completed trading at $15, after exchanging 59,627 shares, Scotiabank lost 14 cents in closing at $62.51 with 148,531 units changing hands, Trinidad Cement lost 27 cents and ended trading at $2.60, with 1,600 stock units changing hands West Indian Tobacco concluded trading with a loss of $3.51 to close at $85, after exchanging a mere 150 shares.
Trading resulted in an average of 138,060 shares valued at $5,524,374, for each security traded, compared to 89,171 shares valued at $690,844 on Monday. The average for the month to date is 947,792 shares with a value of $4,897,207 and previously 1,015,505 shares with a value of $4,839,315. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.


Bearishness sentiments continued on the Trinidad & Tobago Stock Exchange on Tuesday, as declining stocks over powered advancing ones by a ratio of more than two to one, while 2 stocks closed at 52 weeks’ lows. 
Firm Traded| 
Allan McDaniel, Deputy Managing Director & Director of Warehousing and Logistics, the previous owner operated for about six months per year, but SOS will be able to operate full time and at less cost. The operation will be housed in the adjoining building they acquired last year and effectively fills out the space with their expanded inventories occupying about half. Profit margin is attractive and will almost ensure that the company will profit from it, this year, with growth estimated by them to likely be in the 30 percent region coming from both local and export sales. The new operation could deliver around $40 million to profit in 2018 and around $70 million in 2019, IC Insider.com estimates. Speaking about SOS operations, McDaniel would only say they are happy with the first quarter, that was helped by an increased inventory, now around $170 million compared to $117 million in March last year, just ahead of the public share offer. McDaniel said that while some of the fellow businesspersons are talking about a weak first quarter, SOS expects to report continued growth.
There was just modest volume trading on the Jamaica Stock Exchange main market on Monday, with the JSE All Jamaican Composite Index declining 763.81 points to 320,289.16 and the JSE Index declined by 695.92 points to 291,819.62.
Trading resulted in an average of 89,171 shares valued at $690,844, for each security traded, compared to 384,933 shares valued at $8,896,464 on Friday. The average for the month to date is 1,015,505 shares with a value of $4,839,315 and previously 1,111,701 shares with a value of $5,320,039. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
The average volume and value for the month to date, amounts to 147,346 units at $595,413 compared to 156,870 units at $634,740 on the prior trading day. March closed with an average of 149,999 units valued at $623,819, for each security traded.
Eppley ended trading with a loss of 9 cents at $9.51, with 288 shares, Express Catering traded at $5.30, with 2,639 shares, FosRich Group finished trading at $2.40, with 11,040 shares. General Accident closed with a loss of 5 cents at $2.95, with 229,895 stock units, GWest Corporation ended with a loss of 59 cents at $2.50, with 179,700 units, Honey Bun concluded trading with a loss of 35 cents at $4.40, with 6,500 shares, Iron Rock finished at $3, with 109,700 shares. Jamaican Teas ended trading with a loss of 16 cents at $5, with 750 stock units, Jetcon Corporation traded at $4.15, with 18,938 units, KLE Group closed with a loss of 5 cents at $2.45, with 11,500 shares, Knutsford Express ended with a loss of 1.52 cents at $12.48, with 850 shares. Lasco Distributors concluded trading $4.02 higher at $4.02, with 160,040 stock units, Lasco Financial finished with a loss of 2 cents at $5.28, with 8,970 units, Lasco Manufacturing settled with a loss of 1 cent at $3.99, with 271,118 shares, Main Event ended trading with a loss of 4 cents at $6, with 14,067 shares. Medical Disposables traded at $5.10, with 7,400 shares, Stationery and Office closed 48 cents to a record closing high of $6, with 267,550 units and tTech concluded trading 5 cents higher at $5.80, with 5,000 shares changing hands.
Losses| National Enterprises shares fell 10 cents and ended at $9.65, with 835 units,