Junior Market declines slow on Tuesday

tTech traded at a record high of $10 on Tuesday.

The Junior Market trading sank to an extreme on Tuesday, as trading levels dipped 54 percent from Monday’s levels on top of the 77 percent fall on Monday from Friday’s trades.
The market index continued it decent but at a more moderate pace of 19 points, far less than 60 and 69 points fall, on the two previous trading days.
Market activity resulted in 16 securities trading versus 18 on Monday, with the price of 5 advancing and 4 declining stocks and leading to the index closing at 2,979.23 having lost 19.19 points. Investors exchanged just 185,394 units valued at $1,541,248.37 compared with a mere 405,167 units valued at $2,384,673 on Monday.
Trading closed with just 2 stocks having higher bids than their last traded prices and 6 closing with lower offers.
The Junior Market ended trading with an average of only 11,587 units for an average value of $96,328 compared to 22,509 units for an average value of $132,482 on Monday. The average volume and value for the month to date amounts to 50,567 units valued at $280,196, compared with 65,529 units valued at $357,539 previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Access Financial Services lost 20 cents to close at $46 in trading 5,300 units, Caribbean Cream ended at $7.80 with 1,905 shares trading, Dolphin Cove jumped $1.75 to end at $20, with 4,855 shares changing hands, Eppley dropped $1.15 with 2,000 units changing hands to close of $11.80, General Accident closed trading with 100 shares to end at $2.90, ISP Finance closed with 7,517 units changing hands at $16, Jamaican Teas lost 10 cents trading 5,000 shares, to end at $3.80, Jetcon Corporation traded 5,150 shares at $4.85, Knutsford Express traded 16,339 shares to end at $15.49, Lasco Distributors added 25 cents, closing at $6.25 after trading 73,820 units, Lasco Manufacturing lost 25 cents and ended with 35,633 shares trading, to close at $4.30, Main Event ended trading 23,412 shares at $5.10, Medical Disposables ended at $5.50 with 1,000 units trading, Sweet River rose 5 cents and ended with 2,000 units changing hands at $3.55, tTech jumped $1.50 in trading 463 units to close at a record high of $10 and Derrimon Trading preference share ended with 100 units changing hands, to close at $2.50 after rising 30 cents.

Junior Market down 7% in July

The Junior Market took another big hit on Monday, as trading levels dipped 77 percent below Friday’s levels, with a fall of 66.04 points, the second consecutive day of more than 60 points fall, following the near 69 points loss on Friday.
The latest fall, brings the loss since the start of July to 224 points or 7 percent, with index closing at 2,998.42 points, which is the lowest level since April 18, this year, when the index closed at 2,998.48. The market index is down 11 percent since it peaked at an all-time high of 3,375.24 points on May 24, this year.
Market activity resulted in declining stocks outnumbered advancing ones 8 to 7, as 18 securities were traded versus 19 on Friday. Investors exchanged a mere 405,167 units valued at $2,384,673 compared with 1,798,125 units valued at $9,009,745 on Friday.
Trading closed with 3 stocks having higher bids than their last traded prices and 1 closing with a lower offer.
The Junior Market ended trading with an average of 22,509 units for an average value of $132,482 compared to 94,638 units for an average value of $474,197 on Friday. The average volume and value for the month to date amounts to 65,529 units valued at $357,539 compared with 74,132 units valued at $402,551 previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Access Financial Services lost 30 cents to close at $46.20, trading 1,440 units, AMG Packaging closed at $4 with 3,000 units changing hands, Blue Power saw investors chopped $6 off the price to at $44 with 1,500 units changing hands, Caribbean Cream shed 6 cents to end at $7.80 with 102,300 shares trading, Caribbean Flavours ended trading 476 units at $12, after falling by 10 cents, Caribbean Producers closed trading with 132,698 units to end at $3.50 after adding 10 cents, Consolidated Bakeries closed trading with 2,714 shares at $2.72, Dolphin Cove rose by 25 cents to end at $18.25 with 7,021 shares changing hands, Honey Bun closed trading with 9,038 shares to end at $5.70 with a rise of 20 cents, ISP Finance dropped by $2.50 and closed with 800 units changing hands at $16, Jamaican Teas rose 10 cents trading 55,000 shares, to end at $3.90, Jetcon Corporation rose 35 cents to $4.85 with 5,807 shares trading, Knutsford Express traded 8,618 shares and gained 64 cents to end at $15.49, Lasco Distributors shed 80 cents and closed at $6 after trading 9,570 units, Lasco Financial ended with 12,000 shares changing hands at $3.60, Lasco Manufacturing rose 25 cents and ended with 13,400 shares trading, to close at $4.55, Main Event fell 40 cents to end trading 31,659 shares at $5.10 and tTech traded 8,126 units and lost $1 to close at $8.50.

Juniors drop 5% for week

At the close of the Junior Market on Friday, the market index shed almost 5 percent as it fell 68.54 points on and 157.79 points for the week, to end at 3,064.46. Advancing stocks  outnumbered declining ones, 6 to 5, at the close of trading, for the week.
The market closed with 19 securities versus 16 on Thursday leading to 1,798,125 units valued at $9,009,745 trading, compared with 1,273,040 units valued at $6,292,991 on Thursday.
Trading closed with 7 stocks having higher bids than their last traded prices and 1 closing with a lower offer as the short term desire to sell continued to dominate the market currently.
The Junior Market ended trading with an average of 94,638 units for an average value of $474,197 compared to 67,002 units for an average value of $331,210 on Thursday. The average volume and value for the month to date amounts to 74,132 units valued at $402,551 compared with units 69,006 units valued at $384,639 previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Access Financial Services lost 50 cents to close at $46.50, trading 199 units AMG Packaging closed at $4 with 22,679 units changing hands, Blue Power closed at $50 with 862 units changing hands, CAC 2000 shed $1.43 to end at $6.75 with 27,757 shares trading, Cargo Handlers traded 1,259 shares and fell 5 cents to $14.45, Caribbean Flavours ended trading 240 units at $12.10, Caribbean Producers closed trading with 11,400 units to end at $3.40, Consolidated Bakeries closed trading with 12,732 shares at $2.72, Derrimon Trading ended at $8.05 with 132,000 shares changing hands, General Accident closed trading with 103,720 shares to end at $2.90, Iron Rock lost 30 cents and closed with 200 units, changing hands at $3.20 Jamaican Teas lost 30 cents trading 9,800 shares, to end at $3.80, Jetcon Corporation shed 55 cents to $4.50 with 804,795 shares trading, Knutsford Express traded 11,582 shares and lost 15 cents to end at $14.85, Lasco Distributors closed at $6.80 after trading 16,000 units, Lasco Financial ended with 68,052 shares changing hands at $3.60 after slipping 20 cents, Lasco Manufacturing fell 40 cents and ended with 535,551 shares trading, to close at $4.30. Main Event gained 50 cents to end trading 31,922 shares at $5.50 and Medical Disposables lost 50 cents and closed at $5.50 with 7,375 units trading.

More declines for Juniors on Thursday

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tTech, one of ICI Insider.com top selections for 2017, traded at arecord high of $9.50.

The Junior Market suffered more losses on Thursday with the market index slipping 12.11 points to end at 3,133.00 as advancing stocks were outnumbered by declining ones 9 to 5. Volume traded fell from Wednesday’s 2 million units to 1.27 million shares.
The junior Market closed with 19 securities versus 16 on Wednesday leading to 1,273,040 units valued at $6,292,991 trading, compared with 1,959778 units valued at $11,361,648 on Wednesday.
Trading closed with 4 stocks having higher bids than their last traded prices and 3 closing with lower offers as the short term desire to sell dominates the market currently.
The Junior Market ended trading with an average of 67,002 units for an average value of $331,210 compared to 122,383 units for an average value of $710,103 on Wednesday. The average volume and value for the month to date amounts to 69,006 units valued at $384,639 compared with units 69,674 valued at $402,449 previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, Access Financial Services gained 50 cents to close at $47, trading 2,070 units AMG Packaging lost 4 cents and closed at $4 with 8,694 units changing hands, Caribbean Cream fell 15 cents in trading 150,867 units to end at $7.86, Caribbean Producers closed trading with 81,274 units but lost 29 cents to end at $3.40, Consolidated Bakeries rose 10 cents in trading 30,000 shares to close at $2.72, Eppley traded 4,009 shares to close at $12.95, General Accident closed trading with 203,693 shares and fell 10 cents to end at $2.90, Honey Bun lost 20 cents and closed with 41,767 units, changing hands at $5.50, Jamaican Teas lost 5 cents trading 114,265 shares, to end at $4.10, Jetcon Corporation rose 5 cents to $5.05 with 215,883 shares trading, KLE Group ended at $2.10 with 7,734 shares changing hands, Knutsford Express traded 8,798 shares and lost 80 cents to end at $15, Lasco Distributors rose 30 cents and closed at $6.80 after trading 16,000 units, Lasco Financial ended with 47,663 shares changing hands at $3.80 after rising 5 cents, Lasco Manufacturing fell 20 cents and ended with 305,377 shares trading to close at $4.70. Main Event ended trading 13,350 shares at $5, Medical Disposables closed at $6 with 15,166 units trading, Paramount Trading lost 1 cent to end at $2.99 with 3,350 units trading and tTech traded 3,000 units to gain 99 cents to close at record high of $9.50.

Juniors drop again on Wednesday

The Junior Market lost further ground on Wednesday as the market index slipped 31.33 points to end at 3,145.11 as advancing stocks just edged out declining ones 6 to 5. Volume traded increased from Tuesday’s 1 million unit level to just under 2 million units.
The junior Market closed with 16 securities versus 18 on Tuesday leading to 1,959,778 units valued at $11,361,648 trading, compared with 1,057,031 units valued at $6,029,750 on Tuesday.
Trading closed with 4 stocks having higher bids than their last traded prices and 3 closing with lower offers as the short term desire to sell dominates the market currently.
The Junior Market ended trading with an average of 122,383 units for an average value of $710,103 compared to 58,724 units for an average value of $334,986 on Tuesday. The average volume and value for the month to date amounts to just 69,674 units valued at $402,449 compared with 43,268 units valued at $248,622, previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, stocks trading and their last traded price are: AMG Packaging closed at $4.10 with 10,000 units changing hands, Caribbean Cream added 56 cents in trading 2,000 units to end at $8.01, Consolidated Bakeries rose 10 cents in trading 14,096 shares to close at $2.72, C2W Music lost 2 cents in trading 1,350 shares to close at 40 cents, Dolphin Cove lost $2 and ended at $18 with 2,979 shares trading, General Accident closed trading with 1,000 shares at $3, Honey Bun lost 17 cents and closed with 1,000 units, changing hands at $5.70 Jamaican Teas lost 5 cents trading 24,538 shares, to end at $4.15, Jetcon Corporation lost 48 cents and ended at $5 with 1,280,719 shares trading, Knutsford Express traded 9,454 shares to end at $15.80, Lasco Distributors fell 48 cents and closed at $6.50 after trading 15,575 units, Lasco Financial ended with 2,000 shares changing hands at $3.75 after losing 5 cents, Lasco Manufacturing ended with 69,398 shares trading closed at $4.90 after rising 2 cents. Main Event dropped 30 cents and ended trading 140,248 shares at $5, Paramount Trading lost 2 cents to end at $3 with 10,000 units trading and tTech traded 374,621 units for 71 cents more to $8.51.

Juniors drop again on Tuesday

The Junior Market lost further ground on Tuesday with the market index slipping 19.51 points, to end at 3,176.44, as advancing stocks just edged out declining ones 7 to 6. Volume traded recovered somewhat from Monday’s low level, to just over 1 million units.
The junior Market closed with 18 securities versus the same number on Monday leading to only 1,057,031 units valued at $6,029,750 trading, compared with 500,614 units valued at $2,920,659 on Monday.
Trading closed with 4 stocks having higher bids than their last traded prices and 6 closing with lower offers as the short term desire to sell dominates the market currently.
The Junior Market ended trading with an average of just 58,724 units for an average value of $334,986 compared to 28,812 units for an average value of $162,259 on Monday. The average volume and value for the month to date amounts to just 43,268 units valued at $248,622 compared with 162,259 units valued at $162,259, previously. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, stocks trading and their last traded price are: Blue Power closed at $50 with a mere 800 units changing hands, Cargo Handlers dropped $1.40 in trading 500 shares to end at $14.50, Caribbean Cream dropped 56 cents in trading 168,533 units to end at $7.45, Caribbean Flavours gained 10 cents in trading 560 units to end at $12.10, Caribbean Producers ended trading with 25,160 shares to close at $3.69, C2W Music lost 1 cents in trading 17,385 shares to close at 42 cents, Dolphin Cove recovered the $3 it dropped on Monday and ended at $20 with 5,037 shares trading, Honey Bun gained 27 cents and closed with 5,000 units, changing hands at $5.87, Jamaican Teas traded 24.400 shares, to end at $4.20, Jetcon Corporation rose 13 cents and ended at $5.48 with 713,635 shares trading, Key Insurance traded 1,035 shares to end at $3.05. Knutsford Express traded 4,570 shares and rose 80 cents to end at $15.80, Lasco Distributors fell 2 cents and closed at $6.98 after trading 24,253 units, Lasco Financial ended with 1,622 shares changing hands at $3.80, Lasco Manufacturing ended with 4,925 shares trading closed at $4.88 after falling 12 cents. Main Event dropped 70 cents and ended trading 26,572 shares at $5.30, Medical Disposables rose 0 cents and ended at $6 with 30,544 units trading and Paramount Trading rose 2 cents to end at $3.02 with 100 units trading.

Juniors drop – Monday

The Junior Market lost ground on Monday as the market index fell 26.30 points to end at 3,195.95 as declining socks just edged out advancing ones.6 to 5. Volume traded suffered a 66 percent reduction and the value of stocks trading dropped 63 percent, compared to trading on Friday.
The junior Market closed with 18 securities versus 23 on Friday leading to only 500,614 units valued at $2,920,659 trading compared with 1,459,166 units valued at $7,939,041 on Friday.
Trading closed with 6 stocks having higher bids than their last traded prices and 5 closing with lower offers.
The Junior Market ended trading with an average of just 28,812 units for an average value of $162,259 compared to 63,442 units for an average value of $345,176 on Friday. In contrast, June closed with averages of 395,969 units valued at $1,799,200 for each security traded.
At the close of the market, stocks trading and their last traded price are: AMG Packaging closed at $4.05 with a mere 594 units changing hands, Cargo Handlers traded 8,204 shares and fell 9 cents to $15.90, Caribbean Producers gained 19 cents in trading only 373 shares to close at $3.69, C2W Music traded 6,000 shares to close at 43 cents, Derrimon Trading ended at $8.05 with 11,912 shares changing hands, Dolphin Cove dropped $3 and ended at $17 with 753 shares trading, Eppley jumped 95 cents and closed with 6,000 units, changing hands at $12.95 General Accident fell 35 cents and closed trading with 500 shares at $3, ISP Finance gained 50 cents to end at $18.50 with 14,547 units changing hands. Jamaican Teas traded 49,146 shares, to end at $4.20, Jetcon Corporation fell 14 cents and ended at $5.35 with 349,980 shares trading, KL E Group traded 30,000 shares to end at $2.10. Knutsford Express traded 3,700 shares but lost 70 cents to end at $15. Lasco Distributors ended at $7 after trading 2,350 units, Lasco Financial gained 5 cents with 100 shares changing hands, to end at $3.80, Main Event jumped 75 cents and ended trading 6,242 shares at $6, Paramount Trading lost 2 cents to end at $3 with 5,973 units trading and tTech ended with 2,623 units changing hands to close at $7.80.
In other news, another Junior Market listing is set to hit the market in July, this one will be a big hit with investors, with a low offer price in the region of $2 and historical PE of 8 times 2016 earnings and an even lower PE, based on 2017 earnings, with revenues growing around 20 percent. IC Insider.com will provide a full update very soon.

Juniors jump sharply – Friday

The Junior Market recovered lost ground on Friday as the market index jumped 57.14 points to end at 3,222.25. Volume traded suffered a 28 percent reduction and the value of stocks trading dropped 52 percent, compared to trading on Thursday.
The junior Market closed with 1,459,166 units valued at $7,939,041 traded compared with 2,034,224 units valued at $16,616,055 on Thursday.
Trading closed with 23 securities versus 18 on Thursday leading to 11 stocks rising and 9 declining and with 6 stocks having higher bids than their last traded prices and 2 closing with lower offers.
The Junior Market ended trading with an average of 63,442 units for an average value of $345,176 compared to of 113,012 units for an average value of $923,114 on the previous trading day. The average volume and value for the month to date amounts to 395,969 units valued at $1,799,200 compared with 411,804 units valued at $1,868.440, previously. In contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, stocks trading and their last traded price are: AMG Packaging closed at $4.05 with 15,000 units changing hands, Blue Power closed at $50 with 5,021 units changing hands, Caribbean Cream jumped 76 cents in trading 20,000 units to end at $8.01, Caribbean Flavours jumped by $1 in trading 100 units to end at $12, Caribbean Producers gained 20 cents in trading 118,077 shares to close at $3.50, Consolidated Bakeries fell 8 cents in trading 10,300 shares to close at $2.62, Derrimon Trading lost 45 cents and ended at $8.05 with 44,095 shares changing hands, Eppley closed with 6,548 units, changing hands at $12. General Accident rose 65 cents and closed trading with 6,000 shares at $3.35, Honey Bun lost 44 cents in trading 5,300 shares changing hands and closed at $5.60, ISP Finance lost $2 and ended at $18 with 17,019 units changing hands. Jamaican Teas traded 19,000 shares, losing 20 cents to end at $4.20, Jetcon Corporation climbed 58 cents and ended at $5.49 with 947,393 shares trading, Knutsford Express traded 10,400 shares but lost 25 cents to end at $15.70. Lasco Distributors ended at $7 after rising 10 cents trading 1,000 units, Lasco Financial gained 15 cents with 100 shares changing hands, to end at $3.75, Lasco Manufacturing added 35 cents and ended with 8,100 shares trading to close at $5, Main Event dropped 62 cents and ended trading 24,937 shares at $5.25, Paramount Trading added 7 cents and ended at $3.02 with 32,000 units trading, Sweet River fell 5 cents and ended with 5,006 units changing hands at $3.50, tTech ended with 5,770 units changing hands and fell 20 cents to close at $7.80 and< strong> Derrimon Trading preference share rose 30 cents to end at $2.50 with 150,000 shares changing hands.

Juniors fall volume up 111% – Thursday

The Junior Market lost more grounds on Thursday with the market index losing 31.72 points to end at 3,165.11 with increased in volume by 111 percent to 2,034,224 units valued at $16,616,055 traded compared with 964,141 units valued at $9,136,161 on Wednesday.
Trading closed with 18 securities versus 20 on Wednesday leading to 3 stocks rising and 6 declining and with 2 stocks having higher bids than their last traded prices and 3 closing with lower offers.
The Junior Market ended trading with an average of 113,012 units for an average value of $923,114 compared to of 48,207 units for an average value of $456,808 on the previous trading day. The average volume and value for the month to date amounts to 411,804 units valued at $1,868.440 compared with 426,743 units valued at $1,915,706, previously. In contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, stocks trading and their last traded price are: CAC 2000 closed at $8 with a mere 100 shares trading, Cargo Handlers traded 2,993 shares to end at $15.99, Caribbean Cream shed 25 cents in trading 62,000 units to end at $7.25, Caribbean Flavours traded 3,125 units to end at $11, Caribbean Producers gained 9 cents in trading 506,000 shares to close at $3.30, Consolidated Bakeries rose 9 cents in trading 1,400 shares to close at $2.70, Derrimon Trading ended at $8.50 with 2,847 shares changing hands, Eppley closed with 1,003,450 units changing hands at $12. General Accident closed trading with 9,745 shares at $2.70, Honey Bun traded 239 shares changing hands and closed at $6.04, ISP Finance lost $4 and ended at $20 with 200 units changing hands. Jamaican Teas traded 61,800 shares and lost 5 cents to end at $4.40, Jetcon Corporation dropped 59 cents and ended at $4.91 with 24,708 shares trading, KLE Group lost 5 cents and ended at $2.10 with 2,828 shares changing hands, Knutsford Express traded 7,150 shares to end at $15.9. Lasco Distributors ended at $6.90, trading 17,793 units, Lasco Financial lost 20 cents with 47,524 shares changing hands, to end at $3.60, Lasco Manufacturing added 5 cents and ended with 239,900 shares trading to close at $4.65, Main Event ended trading 47,673 shares at $5.87, Medical Disposables ended at $5.50 with 215 units trading and tTech ended with 8,119 units changing hands at $8.

Junior Market volume up 32% on Wednesday

The Junior Market fell back moderately on Wednesday with the market index losing 10.12 points to end at 3,196.83. Volume ended 32 percent higher from Tuesday’s level, with 964,141 units valued at $9,136,161 traded, compared to 727,972 units valued at $5,314,008 on Tuesday.
Trading ended with 20 securities versus 19 on Tuesday leading to just 4 stocks rising and 8 declining and with 2 stocks having higher bids than their last traded prices and 3 closing with lower offers.
The Junior Market ended trading with an average of 48,207 units for an average value of $456,808 compared to 38,314 units for an average value of $279,685 on the previous trading day. The average volume and value for the month to date amounts to 426,743 units valued at $1,915,706 compared with 446,666 units valued at $1,992,490, previously. In contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, stocks trading and their last traded price are: Access Financial Services closed at $46.50 in trading 100,000 units, AMG Packaging rose 5 cents to close at $4.05 with 240,000 units changing hands, CAC 2000 closed at $8 with a mere 100 shares trading, Cargo Handlers traded 2,993 shares to end at $15.99, Caribbean Cream added 25 cents in trading 6,370 units to end at $7.50, Caribbean Producers lost 9 cents in trading 269,398 shares to close at $3.21, Consolidated Bakeries lost 8 cents in trading 1,100 shares to close at $2.62, Derrimon Trading ended at $8.50 with 2,847 shares changing hands, Eppley closed with 68,212 units changing hands at $12. General Accident closed trading with 9,745 shares at $2.70, Honey Bun dropped 6 cents with 1,103 shares changing hands and closed at $6.04, Jamaican Teas traded 12,999 shares and rose 15 cents to end at $4.45, Jetcon Corporation dropped 50 cents and ended at $5.50 with 25,259 shares trading, Knutsford Express traded 14,936 shares and rose 15 cents to end at $15.95, Lasco Distributors ended with a fall of 10 cents to $6.90, trading 22,307 units, Lasco Financial lost 5 cents with 11,568 shares changing hands to end at $3.80, Lasco Manufacturing shed 45 cents and ended with 89,741 shares trading and closed at $4.60. Main Event fell 35 cents and ended trading 68,872 shares at $6.15, Paramount Trading lost 4 cents and ended with 8,290 shares changing hands at $2.95 and tTech ended with 8,300 units changing hands at $8.

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