
I$P hits a new high of $18 on Tuesday.
Trading on the Junior Market of the Jamaica Stock Exchange ended with 19 securities changing hands versus 15 on Monday and the market index falling 37.80 points to end at 3,230.87 but with nearly twice the number of stocks closing higher than lower.
At the close, advancing stocks were ahead of declining stocks 11 to 6 with 2,359,315 units valued at $15,986,987 changing hands compared to 1,736,843 valued at $13,964,419 on Monday. Trading ended with 10 stocks having bids higher than their last sale prices and none with lower offers.
The Junior Market ended trading with an average of 124,174 units for an average value of $841,420 traded, compared to 115,790 units for an average value of $930,961 on the previous trading day. The average volume and value for the month to date are 119,982 units and $886,191. The average volume and value for April ended at 502,597 units and $2,768,003.
At the close of the market, AMG Packaging climbed 87 cents and closed at $4.90 with just 2,655 units changing hands,
CAC 2000 rose 10 cents in trading 300 shares at $7.30, Cargo Handlers lost 10 cents in trading 1,000 shares at $20.30, Caribbean Cream closed trading with 22,650 units and gained 40 cents to end at $8, Caribbean Flavours loss $1.50 in trading 7,400 units to end at $11. Caribbean Producers traded 102,302 shares changing hands, to close at $3.75, Derrimon Trading had 2,851 units changing hands to close with a gain of 630 cents at $8.50, Dolphin Cove lost 20 cents and closed trading with 5,100 shares at $20.80, Honey Bun gained 5 cents with 9,711 shares changing hands, to close at $7.55, ISP Finance climbed $1 to end at a 52 weeks’ closing high of $18 with 55,529 units. Jamaican Teas rose 5 cents in trading 137,555 shares, to close at $4.80,
Jetcon Corporation rose 10 cents and ended at $13 with 20,675 shares trading, the stock closed with a bid of $13.20 following the release of the company’s annual report, that stated that revenue for the first quarter of 2017 is up 75 percent, with profit more than doubling that of the first quarter of 2016. Key Insurance lost 1 cent in trading 6,031 units to close at $3.89, Knutsford Express rose just 1 cent trading with 559 shares at $41.01, Lasco Distributors ended with 1,020,270 units trading with a rise of 5 cents at $7.25, Lasco Financial ended with 3,000 shares changing hands at $4.60, Lasco Manufacturing fell 20 cents and closed at $5.50 while trading 260,000 shares, Main Event fell 50 cents and ended trading 664,863 shares, to end at $6, Medical Disposables jumped 40 cents and ended at $6 with 36,864 units trading.
Trading on the Junior Market of the Jamaica Stock Exchange ended with only 15 securities changing hands versus 22 on Friday, the market ended at a record close of 3,256.31 points with gains of 12.36 points.
The Junior Market ended trading with an average of 115,790 units for an average value of $930,961 traded, compared to 48,609 units for an average value of $299,798 on the previous trading day. The average volume and value for April was 502,597 units and $2,768,003.
Honey Bun fell 5 cents with just 700 shares changing hands, to close at $7.50, Jamaican Teas traded 140,445 shares, to close at $4.75, Jetcon Corporation rose 20 cents and ended at $12.90 with 347,000 shares trading, Key Insurance lost 5 cents in trading 1,000 units to close at $3.90 Lasco Distributors ended with 1,079,130 units trading at with a loss of 30 cents at $7.20, Lasco Financial ended with 6,300 shares changing hands at $4.60, Lasco Manufacturing rose 10 cents and closed at $5.70 while trading 7,550 shares, Main Event rose 50 cents and ended trading 17,445 shares, to end at a closing 52 weeks’ high of $6.50, Paramount Trading jumped 45 cents and ended at $3.45 with 1,300 units trading and tTech ended with 12,622 units changing hands at $7.10 after falling 35 cents.
Losses| Calypso Macro Index Fund lost 38 cents to close at a 52 weeks’ low of $21.50, exchanging 300 units, Scotia Investments traded 5 cents lower to close at $2.70, with 93,463 units changing hands.
At the close of the market on Friday, AMG Packaging closed with a loss of 1 cent at $4.99 with 43,224 units changing hands, Blue Power jumped $2 to close at $37 with 3,240 units changing hands, CAC 2000 traded 5,000 shares to close with a loss of 70 cents at $7.20, Cargo Handlers traded 1,100 shares to close at $20.10, Caribbean Cream closed trading with 330,000 units and gained 2 cents to end at $7.56, Caribbean Producers ended at $3.75 with 260,414 shares trading, Consolidated Bakeries rose 21 cents with 40,000 shares changing hands, to close at $3.20. C2W Music had 4,000 units changing hands to close with a gain of 6 cents at 43 cents, Dolphin Cove jumped 92 cents and ended at a 52 weeks’ high of $21 with 1,000 shares trading, Honey Bun rose 5 cents with just 100 shares changing hands, to close at $7.55, Jamaican Teas traded 141,771 shares, to close at $4.75, Jetcon Corporation lost 30 cents and ended at $12.70 with 18,700 shares trading,
KLE Group slipped 20 cents to end at $2.80 with 17,105 shares changing hands, Knutsford Express closed trading with 12,238 shares at $41, Lasco Distributors rose 50 cents and ended with 33,787 units trading at $7.50, Lasco Financial lost 15 cents and ended with 25,810 shares changing hands at $4.60, Lasco Manufacturing lost 65 cents to close at $5.60 while trading 3,678 shares, Main Event ended trading 70,943 shares, to close at $6, Medical Disposables traded 41,788 shares, lost 40 cents to close at $5.60, Paramount Trading dropped 45 cents to end at $3 with 14,500 units trading and tTech ended with 1,000 units changing hands at $7.45 after falling by 5 cents.
The Trinidad & Tobago Stock Exchange closed out April with the biggest trading day on Friday resulting the highest number of securities trading with the highest dollar for the year. A total of 19 securities changed hands, accounting for 607,866 shares valued at $22,247,214, compared to 13 on securities trading on Thursday.
Firm Trades| Angostura Holdings closed at $15 with 10,000 units traded, Ansa McAL closed at $66.50 while trading of 138,271 shares valued at $9,195,022, Clico Investment traded 664 shares at $22.52, National Enterprises closed at $10.50 with trades of 550 units, National Flour Mills closed at $2.52 with 54,380 units changing hands,One Caribbean Media exchanged 1,637 units at $16.85. Scotia Investments traded 13,000 units at $2.75, Scotiabank exchanged 15,939 shares at $58.06 valued at $925,435, Unilever Caribbean closed at $57 trading 35 units, after trading at an 52 weeks’ intraday low of $53 and West Indian Tobacco rose 1 cent to $127 with 100 units changing hands.
The average volume and value for the month to the previous trading day ended at 557,888 units and $3,070,123. The average volume and value for March was 137,459 units and $1,313,411.
Honey Bun fell 5 cents with 8,013 shares changing hands, to close at $7.50, Jamaican Teas traded 33,952 shares, to close at $4.75, Jetcon Corporation put on 5 cents and ended at $13 with 1,027 shares trading, KLE Group rose 20 cents to end at $3 with 2,000 shares changing hands, Knutsford Express closed trading with 3,110 shares at $41, Lasco Distributors rose ended with 32,267 units trading at $7, Lasco Financial lost 5 cents and ended with 2,000 shares changing hands at $4.75, Lasco Manufacturing jumped 66 cents to close at a 52 weeks high of $6.25 while trading 68,270 shares, Main Event lost 10 cents trading 92,328 shares to close at $6, Paramount Trading rose 45 cents to end at $3.45 with 1,650 units trading, Sweet River ended with 1,000 units changing hands at $3.50 after rising by 1 cent and Eppley 8.25% preference share closed trading with 15,904 units changing hands at $6.10.
JMMB Group traded 2 cents lower to close at $1.29 exchanging 15,294 units, National Flour Mills lost 1 cent to close at $2.52 with an exchange of 1,152 units and Trinidad Cement declined by 1 cent, closing at $4.20 with 21,446 shares changing hands.
West Indian Tobacco lost 1 cent and closed at $126.99 trading 35,490 shares valued at $4,506,880 and Bourse Brazil Latin Fund traded 1,000 units at a 52 weeks’ low of US$8.08, after losing 2 cents.
The Junior Market of the Jamaica Stock Exchange ended trading at yet another record closing high with a big gain of 43.64 points, with an increase of 1.36 percent to 3,247.20 points on Wednesday.
The average volume and value for the month to date are 557,888 units and $3,070,123. The average volume and value for the month to the previous trading day ended at 587,157 units and $3,229,177. The average volume and value for March was 137,459 units and $1,313,411.
General Insurance fell 10 cents and ended at $3.20 with 106,550 shares trading, Honey Bun rose 15 cents with 14,965 shares changing hands, to close at $7.55, ISP Finance lost 3 cents to end $17 with 74,496 units changing hands after trading at a 52 weeks’ intraday high of $17.51. Jamaican Teas added 3 cents trading 500,072 shares, to close at $4.75, Jetcon Corporation put on 15 cents and ended at $12.95 with 8,344 shares trading, KLE Group ended at $2.80 with 5,670 shares changing hands, Knutsford Express closed trading with 3,265 shares at $41, Lasco Distributors rose 2 cents and ended with 80,680 units trading at $7, Lasco Financial rose 29 cents and ended with 78,156 shares changing hands at $4.80, Lasco Manufacturing gained 33 cents to close at $5.59 while trading 359,883 shares, Main Event rose 11 cents trading 1,264 shares to close at $6.10 and Medical Disposables closed at $6 with 48,166 units trading.
Trading ended with 9 stocks having bids higher than their last sale prices and 2 ending with lower offers, than their last traded price.
Honey Bun had 3,944 shares changing hands, to close at $7.40,