The Junior Market of the Jamaica Stock Exchange after adding 71.57 points on Monday rose 34.71 points on Tuesday to a record close of 3,359.14 with gains of 29.5 percent for 2017 to date, with reduced trading levels compared to Monday’s levels.
At the close of the market, the number of securities trading, ended at 23 compared to 20 on Monday with 7 advancing and 7 declining. Overall, 3,285,925 units valued at $19,269,876 changed hands, compared to 5,640,429 units valued at $30,941,266 on Monday. Trading ended with 4 stocks having bids higher than their last sale prices and 4 with lower offers. Just one stock ended trading at new closing high at the close of trading on Tuesday.
The Junior Market ended trading with an average of 142,866 units for an average value of $837,821, compared to 282,021 units for an average value of $1,547,063, on the previous trading day. The average volume and value for the month to date are 90,668 units and $612,627, while at the close of the prior day, 85,923 units and $592,155. The average volume and value for April ended at 502,597 units and $2,768,003.
At the close of the market, AMG Packaging gained 49 cent to end at $5.15 with 4,940 units changing hands, Caribbean Cream traded 4,486 changing hands, to close with a loss of 20 cents at $7.30, Caribbean Flavours traded 162,937 shares at $11, Caribbean Producers ended at $4 with 47,500 shares trading, Consolidated Bakeries traded 299,082 shares to close at $2.50, C2W Music had 40,534 units changing hands to close at 45 cents, Derrimon Trading fell 10 cents and ended at $7.50 with 57,169 shares changing hands, Dolphin Cove ended trading at $21 with 24,100 shares changing hands, General Accident added 4 cents and closed trading with 9,000 shares at $3.09, Honey Bun ended with 8,520 shares changing hands at $7.75, after falling 20 cents, ISP Finance climbed $2 to end at fresh new high of $30 with 10,921 units changing hands. Jamaican Teasclosed trading with 17,608 shares, at $4.95. Jetcon Corporation ended at $15 with 79,088 shares trading, KLE Group rose 1 cent and ended at $2.70 with 75,669 shares changing hands, Knutsford Express closed with 4,633 shares trading to end at a record $68. Lasco Distributors ended with 62,279 units trading with a rise of 9 cents at $7.49, Lasco Financial fell 10 cents and ended with 1,111,623 shares changing hands at $5, Lasco Manufacturing rose 18 cents and closed at $5.80 while trading 991,772 shares, Main Event ended trading 91,461 shares at $7, Medical Disposables lost 50 cents and ended at $6 with 28,084 units trading,Paramount Trading rose 16 cents and ended with 42,196 shares changing hands at $3.25 and tTech ended with 40,300 units changing hands at $7.50.
Junior Market gains on Friday
The Junior Market of the Jamaica Stock Exchange declined on Friday with the market index falling 26.72 points to end at 3,259.86 with volume rising above 1 million shares for the second trading day for the week.
At the close of the market, the number of securities trading, ended at 20 compared to 24 on Thursday with 10 advancing and 11 declining. Overall, 1,367,990 units valued at $8,114,770 changed hands, compared to 830,850 units valued at $6,979,202 on Thursday. Trading ended with 4 stocks having bids higher than their last sale prices and 4 with lower offers. Two stocks ended trading at new closing highs and two traded at an intraday high.
The Junior Market ended trading with an average of 62,181 units for an average value of $368,853, compared to 41,543 units for an average value of $348,960, on the previous trading day. The average volume and value for the month to date are 66,313 units and $496,664, while at the close of the prior day, 66,772 units and $511,865. The average volume and value for April ended at 502,597 units and $2,768,003.
At the close of the market, Access Financial Services dropped $6.75 and closed at $40.25 trading 3,531 shares, AMG Packaging fell 35 cents to end at $4.65 with 154,820 units changing hands, Blue Power closed at $39 with 400 units changing hands, CAC 2000 traded 3,200 shares to close with a loss of 30 cents at $7, Cargo Handlers gained 50 cents in trading 3,548 shares at $20.50 Caribbean Cream closed trading with 19,059 changing hands, to close 35 cents higher at $8.50, Caribbean Flavours traded 9,800 shares at $11, after rising 49 cents, Consolidated Bakeries lost 49 cents in trading 367,563 shares to close at $2.40, Derrimon Trading fell 55 cents and ended at $7.70 with 10,000 shares changing hands, General Accident rose 17 cents and closed trading with 544 shares at $3.29, Honey Bun added 15 cents and ended with 900 shares changing hands, at $7.95, Iron Rock Insurance traded 1,000 shares to end at $3.40, after rising 40 cents, ISP Finance fell $1 to end at $24 with 61,418 units changing hands. Jamaican Teas lost 70 cents in trading 294,454 shares, to close at $4.75. Jetcon Corporation rose 24 cents and ended at record $15.74 with 28,217 shares trading, KLE Group lost 10 cents and ended at $2.70 with 50,000 shares changing hands, Knutsford Express jumped $8.50 with 2,175 shares trading to end at a record $68. Lasco Distributors ended with 184,427 units trading with a fall of 3 cents at $7.02, Lasco Financial gained 20 cents and ended with 5,000 shares changing hands at $4.20, Lasco Manufacturing rose 27 cents and closed at $5.40 while trading 64,418 shares, Main Event ended trading 64,002 shares at $7, Medical Disposables ended at $6.50 with 1,500 units trading, Paramount Trading shed just 1 cent to end with 28,224 shares changing hands at $3.09, tTech ended with 11,600 units changing hands at $7 after falling 15 cents.
3 New juniors market highs
Trading on the Junior Market of the Jamaica Stock Exchange ended with the market index falling 17.32 points and three securities hit new records during the day. At the close 19 securities changed hands versus 21 on Wednesday, the market index ended at 3,245.83.
Advancing stocks ended at 6 versus 9 declining stocks. Overall, 1,453,103 units valued at $8,762,028 changed hands compared to 1,708,218 units valued at $12,344,346 on Wednesday. Trading ended with 10 stocks having bids higher than their last sale prices and 2 with lower offers.
The Junior Market ended trading with an average of 76,479 units for an average value of $461,159 traded, compared to 81,344 units for an average value of $587,826 on the previous trading day. The average volume and value for the month to date are 99,447 units and $705,342 while at the close of the prior day it was 107,103 units and $786,736. The average volume and value for April ended at 502,597 units and $2,768,003.
At the close of the market, Access Financial Services jumped $1.90 to close at an all-time high of $46.90 in trading 12,127 shares, AMG Packaging climbed 4 cents and closed at $4.99 with just 3,050 units changing hands, CAC 2000 closed at $7.30 with 420 shares trading, Cargo Handlers lost 15 cents in trading 14,900 shares at $20. Caribbean Cream closed trading with 101,009 units and lost 35 cents to end at $7.50, Consolidated Bakeries lost 10 cents in trading 15,580 shares to close at $2.90, Dolphin Cove fell 80 cents to end at $20 with 16,031 shares trading, Honey Bun shed 30 cents with 16,000 shares changing hands, to close at $7.40, ISP Finance squeezed 1 cent more unto the previous price to end at a record high of $18.01 with 20,000 units changing hands. Jamaican Teas dropped 63 cents in trading 989,868 shares, to close at $4.22, Jetcon Corporation ended at $13.25 with 4,700 shares trading. KLE Group traded 4,000 units to close at $2.85, Knutsford Express traded 4,800 shares at $46,Lasco Distributors ended with 197,800 units trading with a gain of 20 cents at $7.40, Lasco Financial fell 55 cents and ended with 4,075 shares changing hands at $4, Lasco Manufacturing fell 3 cents and closed at $5.45 while trading 12,771 shares, Main Event fell 2 cents and ended trading of 9,659 shares at $6.29, after trading at an all-time high of $6.75, Paramount Trading ended with 15,000 shares changing hands and rose 5 cents to $3.45 and tTech ended with 11,313 units changing hands at $7.50 after rising 1 cent.