Aggressive growth stocks pay big

Stocks of companies that have the potential for active expansions, are likely to do better than those companies relying mainly on agronomic growth.
Investors in these aggressive growth companies may well enjoy slower growth in the early years of a large expansion, but pick up explosive growth in the latter stage of the investment cycle. Smaller companies in strong growth cycle are likely to do better than large companies unless the latter makes a really big expansion.
Listed companies with aggressive growth based on actual or planned expansion are: main market stocks – NCB Financial, Barita Investments, PanJam Investment, Jamaica Broilers, Jamaica Producers, Kingston Wharves, Proven Investments and Seprod. Others in the main market to have above average growth include Jamaica Stock Exchange due to continued new listings and increase in the number of investors coming to the market. Caribbean Cement, who have completed an upgrading of the plant in 2018, Palace Amusement with expansion into Portmore with a new cinema house comprising 4 separate cinemas and Wisynco Group that continues to focus on expanding its range of products either to manufacture or distribute for third parties are three that offer above average growth prospects.
In the Junior Market- Access Financial, Derrimon Trading, Elite Diagnostic, Eppley, Express Catering, Fontana, Indies Pharma, Jamaican Teas, Knutsford Express, Lasco Financial, Lasco Manufacturing, Medical Disposables and Paramount Trading,
Cargo Handlers may not be an aggressive growth company but it has amassed a good pool of cash that will allow it to expand by acquisitions if the directors so desire.

JSE majors end 2018 up 31.7%

Stocks surged on the last day of the year on the Jamaica Stock Exchange with the main market ending 2018 with a gain of 31.7 percent after rising over 10,000 points on Monday. Four stocks with gains of more than 100 percent contributed to the year’s performance.
The main market’s 2018 performance, fueled primarily by a 50 percent climb in the price of heavily weighted NCB Financial, fell below that of 2017, when the index rose 50.7 percent.
At the close of trading on Monday, the market rose sharply. The All Jamaican Composite Index surged 11,006.58 points to close at 416,842.73 and the JSE Index jumped 10,028.24 points to 379,790.86. Trading ended with 4,522,721 units valued at $121,494,950, compared to 38,390,816 units valued at $962,896,660 changing hands on Friday.
Sagicor Real Estate Fund led trading with 2,286,480 units and accounted for 50.6 percent of the day’s volume, followed by Jamaica Stock Exchange with 427,320 units or 9.5 percent of the volume changing hands and PanJam Investment with 413,486 units and 9 percent of the day’s volume.
The main and US dollar markets, had 31 securities changing hands with prices of 15 rising, 6 declining with 10 remaining unchanged, compared to 32 securities trading on Friday. Trading in the main market included Eppley ordinary share that has migrated from the Junior Market. Barita Investments moved to another record high, with the price moving to $56 but pulling back by the close to a record closing high of $52.
An average of 161,526 units valued at $4,339,105, in contrast to 1,279,694 shares valued at $32,096,555 on Friday. The average volume and value for the month to date, amounts to 835,037 units with a value of $25,906,477, compared to 871,027 units with a value of $27,121,540, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and 5 closing with lower offers.
In main market activity, Barita Investments rose $2 and ended at an all-time closing high of $52, with an exchange of 14,240 shares, Jamaica Stock Exchange rose $1 to close at $10.50 in trading 427,320 units, JMMB Group jumped $4.30 and ended at $32.56, with 71,004 shares trading. Kingston Wharves declined by $1 and finished trading of 1,147 stock units at $76.50, NCB Financial Group gained $2 as 42,537 shares changed hands, to close at $150. PanJam Investment closed with 413,486 units trading with a gain of $2 to finish at $74, Sagicor Group lost $1 to end at $39, trading 48,381 shares, Sagicor Real Estate Fund rose $4.23 after trading 2,286,480 shares to end at $15.70. Seprod traded 41,618 shares and rose $1.49 to close at $31, Supreme Ventures rose $2 and closed at $18 trading 103,314 shares and Sygnus Credit Investments rose 60 cents and ended at $11 with 77,195 shares changing hands.
Trading in the US dollar market amounted to 111,418 units valued at $ $71,730. Eppley 5% preference share closed at $1 trading 1,374 shares, JMMB Group rose 6 cents and ended at US$2.06 with 5,244 shares changing hands and Productivity Business traded 104,800 stock units and increased 1 cent to 59 US cents. The JSE USD Equities Index rose 0.12 points to close at 159.61.

Junior Market ends 2018 with strong gain

The Junior Market of the Jamaica Stock Exchange Index rose by a strong 64.45 points to close at 3,246.84, a rise of 18.8 percent above the close of 2017 as 5 stocks gained over 100 percent and 4 others gained between 50 to 73 percent for the year.
The year’s performance although not spectacular was far better than the meagre 5.8 percent rise in 2017.
Trading ended on Monday, with 27 securities changing hands, up from 21 securities trading on Friday as the prices of 10 rose, 8 declined and 9 remained unchanged.
Trading closed with 903,084 units valued at $3,238,816 compared to 1,160,581 shares valued at $4,535,714 on Friday. At the close of the market, the Jamaica Stock Exchange reported that Eppley opted to migrate to the exchange main market effective today with all securities now trading on that market.
The average trade ended at 33,448 units for an average of $119,956 in contrast to 55,266 units for an average of $215,986 on Friday. The average volume and value for the month to date amounts to 136,222 units at a value of $737,367, versus 142,866 units at a value of $777,248, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with higher bids than their last selling prices and just 1 with a lower offer.
At the close of the day’s activity, Access Financial closed $2 higher at $52.50, with an exchange of 12,356 shares, AMG Packaging ended 5 cents higher at $1.90, in trading 35,700 stock units, Blue Power concluded trading of 5,326 units with a loss of 34 cents at $4.85, CAC 2000 finished at $16.90, after 2,533 shares traded. Cargo Handlers rose 90 cents to $15, with 4,000 shares changing hands. Caribbean Cream ended trading a mere 382 shares at $5.82, Derrimon Trading ended at $2.50, with 26,690 shares being exchanged, Dolphin Cove concluded trading of just 100 shares after rising $1.50 to $16.50,  Elite Diagnostic finished with a loss of 5 cents at $2.95, with an exchange of 35,000 stock units. Everything Fresh lost 7 cents in trading 200,000 shares to close at $1.53. Express Catering settled with a loss of 30 cents at $8.20, trading 2,664 units, FosRich Group ended trading of 19,432 shares, with a loss of 6 cents at $3.80,  General Accident  traded 45,193 shares at $3.60,  GWest Corporation  finished trading of 110,629 shares at $1.60. Iron Rock  ended with a loss of 10 cents at $4.90, with 100 units changing hands, Indies Pharma  rose 10 cents in trading 70,468 shares to close at $3.20, Jamaican Teas  finished 50 cents higher at $4.50, in exchanging 2,000 shares, Jetcon Corporation  settled with a loss of 41 cents at $3.04, with 82,400 shares changing hands. KLE Group  traded 16,000 units with a loss of 20 cents to close at $3.20. Knutsford Express  finished trading 1,500 shares and rose $1.20 to $13,  Lasco Distributors  closed at $3.99, with 135,566 shares being exchanged, Lasco Financial ended at $4.50, trading 46,204 shares, Lasco Manufacturing  concluded trading 25 cents higher at $3.70, with 36,612 stock units. Main Event  finished $1.10 higher at $7, with 4,700 units changing hands, Medical Disposables  settled at $6.50, with 5,579 shares and Stationery and Office traded 25 cents higher at $8.35, with 1,950 shares changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market slips on Friday

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Trading on the Junior Market of the Jamaica Stock Exchange remained subdued on Friday, with trading with 21 securities changing hands, down from 27 securities that trading on Thursday.
The market closed with the prices of 5 rising, 6 falling and 10 remaining unchanged and leading the Junior Market Index to fall 7.37 points to close at 3,182.39.
Trading closed with 1,160,581 units valued at $4,535,714 changing hands, compared to 678,952 shares, valued at $3,223,519.
The average trade ended at 55,266 units for an average of $215,986 in contrast to 25,146 units for an average of $119,390 on Thursday. The average volume and value for the month to date amounts to 142,866 units at a value of $777,248, versus 147,500 units at a value of $806,936, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with higher bids than their last selling prices and 5 with lower offers.
At the close of the day’s activity, AMG Packaging ended with a loss of 5 cents at $1.85, with 24,274 stock units changing hands, Blue Power concluded trading of 11,330 units with a loss of 31 cents to close at $5.19, Caribbean Cream ended trading at $5.82, with 1,066 shares. Caribbean Producers traded 66,714 units with a loss of 69 cents at $4.75, Derrimon Trading ended at $2.50, in exchanging 104,228 shares, Eppley settled at $9, with 2,452 units changing hands, Everything Fresh rose 20 cents in trading 307,076 shares to close at $1.60. Express Catering ended trading 50 cents higher at $8.50, with an exchange of 203,021 shares, FosRich Group traded 6,000 shares, with a loss of 9 cents to end at $3.86, General Accident rose 10 cents in trading 42,600 shares at $3.60. GWest Corporation closed at $1.60, with 43,187 stock units trading, Honey Bun ended 70 cents higher at $3.90, with an exchange of 3,100 units, Indies Pharma lost 10 cents in trading 21,209 shares to close at $3.10, Jamaican Teas settled with a loss of 70 cents at $4, trading 29,126 shares. Jetcon Corporation  ended trading with 172,189 stock units, and rose 5 cents to $3.45,  Key Insurance  traded 14,000 units at $4,  Lasco Distributors ended at $3.99, with 9,700 shares trading, Lasco Financial  concluded trading at $4.50, with 19,325 stock units, Lasco Manufacturing  finished at $3.45, with an exchange of 11,100 units. Main Event  settled at $5.90, with 45,484 shares trading and Stationery and Office finished trading at $8.10, with 23,400 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market in modest gain – Thursday

Trading on the Junior Market of the Jamaica Stock Exchange remained low keyed on Thursday, with low volume and a rise in the market Index by 12.87 points to close at 3,189.76.
Trading ended with 27 securities changing hands with the prices of 10 rising, 10 falling and 7 remaining unchanged. The market closed with 678,952 shares, valued at $3,223,519 changing hands, compared to 1,192,642 units valued at $4,117,828 on Monday, from 25 securities that traded.
Trading ended with an average of 25,146 units for an average of $119,390 in contrast to 47,706 units for an average of $164,713 on Monday. The average volume and value for the month to date amounts to 147,500 units at a value of $806,936, versus 156,428 units at a value of $857,109, previously. November, ended with an average of 190,475 units valued at $653,358 for each se curity traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with higher bids than their last selling prices and 4 with lower offers.
At the close of the day’s activity, AMG Packaging ended trading 5 cents higher at $1.90, with 15,608 stock units changing hands, Blue Power ended trading 10,637 units with a rise of 50 cents to $5.50, Caribbean Cream closed trading of 2,978 shares at $5.82, Caribbean Producers traded 5,092 units at $5.44. Consolidated Bakeries closed with a fall of 20 cents to a 52 weeks’ low of  $1.70, with an exchange of 4,454 shares, Derrimon Trading fell 7 cents and ended at $2.50, with 49,226 shares trading, Dolphin Cove concluded trading of 317 shares but fell $1 to $15, Elite Diagnostic rose 13 cents to finished $3, with 35,425 stock units changing hands, Everything Fresh ended trading 7,930 shares to close at $1.40. Express Catering ended trading 188,327 shares at $8, FosRich Group lost 10 cents to end at $3.95, trading 32,559 shares, General Accident ended trading $3.50 with an exchange of 55,000 shares, GWest Corporation finished trading $1.60 with an exchange of 1,618 shares. Honey Bun closed $3.20 after falling 20 cents as 63,349 stock units traded, Indies Pharma rose 10 cents and ended trading 22,153 shares to close at $3.20, Jamaican Teas jumped 80 cents to end at $4.70, with 5,000 shares changing hands. Jetcon Corporation gained 30 cents to settle at $3.40, with 25,100 shares traded, Knutsford Express fell $1.20 and finished trading 7,653 shares at $11.80, Lasco Distributors rose 19 cents and closed at $3.99, with 27,426 shares changing hands, Lasco Financial ended 53 cents higher to $4.50, trading 7,858 shares. Lasco Manufacturing concluded trading 35 cents higher to $3.45, with the trading of 69,805 stock units, Main Event finished 10 cents down to $5.90, with an exchange of 10,332 units, Medical Disposables lost 20 cents to end at $6.50, with 957 shares trading. Paramount Trading ended trading 45 cents higher to close at $2.90, with an exchange of 12,901 shares, Stationery and Office lost 40 cents, trading 3,417 shares, to close at $8.10 and tTech dropped 60 cents to close $4.59 higher at $4.59, with 130 units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Sharp bump for Junior Market – Friday

The Junior Market of the Jamaica Stock Exchange recorded sharp jump in the Market Index on Friday by 66.60 points to close at 3,207.92 with the prices of 12 securities rising, 9 falling and 4 remaining unchanged
Trading ended with 25 securities changing hands, resulting in an exchange of 2,928,176 units valued at $13,658,144 compared to 934,731 units valued at $6,451,365 on Thursday, from 22 securities changing hands.
Trading ended with an average of 117,127 units for an average of $546,326 in contrast to 42,488 units for an average of $293,244 on Thursday. The average volume and value for the month to date amounts to 164,307 units at a value of $907,282, versus 204,205 units at a value of $935,482, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with higher bids than their last selling prices and 4 with lower offers.
At the close of the day’s activity, Access Financial closed $2.80 higher at $50.50, trading 963 shares, Cargo Handlers settled with a loss of 30 cents at $14.70, with an exchange of 900 shares, Caribbean Cream ended trading with a loss of 30 cents at $5.50, with 30,000 shares changing hands, Caribbean Producers finished trading of 11,928 units with a loss of 4 cents at $5.40, Derrimon Trading ended 8 cents higher at $2.58, with an exchange of 37,841 shares. Dolphin Cove concluded trading of 570 shares with a rise of 95 cents to close at $16, Elite Diagnostic finished 13 cents higher at $3, with swapping of 29,950 stock units, Eppley settled at $9, with 150 units changing hands, Everything Fresh gained 20 cents and ended trading of 58,189 shares to close at $1.70, Express Catering ended trading with a loss of 10 cents at $7.90, with an exchange of 68,100 shares. FosRich Group traded 56,992 shares, with a loss of 10 cents to close at $3.85, General Accident finished trading 125,000 shares, after falling 5 cents to end at $3.40, Honey Bun ended with a loss of 40 cents at $3.10, with 13,545 units trading, Indies Pharma lost 20 cents trading 22,274 shares to close at $3.10Jamaican Teas settled 10 cents higher at $3.80, with 9,935 shares changing hands. Jetcon Corporation ended trading 3,121 stock units, 5 cents higher at $3.10, Key Insurance traded at $4, in exchanging 25,000 units, KLE Group finished the trading of 11,000 shares after rising 20 cents to $3.40,  Knutsford Express  closed at $12, with trading of 8,000 shares. Lasco Distributors  ended 15 cents higher at $3.95, with 20,726 shares changing hands, Lasco Financial  concluded trading of 2,063,937 stock units with a jump of 75 cents to $5,  Lasco Manufacturing finished 14 cents higher at $3.50, in trading 281,460 units, Main Event  settled with a loss of 15 cents at $6.20, with 7,095 shares changing hands, Medical Disposables  ended trading with 11,500 shares at $6.70 and SSL Venture Capital traded 30,000 shares and rose 5 cents to end at $1.95.

Prices of securities trading for the day are those at which the last trade took place.

Rising stocks dominate Junior Market – Thursday

Trading on the Junior Market of the Jamaica Stock Exchange ended on Thursday with 22 securities changing hands, resulting in an exchange of 934,731 units valued at $6,451,365 compared to 522,801 units valued at $2,363,665 on Wednesday from 28 securities changing hands.
At the close of market activities, the prices of 11 securities advanced, 5 declined and 6 remained unchanged leading to the Junior Market Index declining 25.11 points to close at 3,141.32.
Trading ended with an average of 42,488 units for an average of $293,244 in contrast to 18,671 units for an average of $84,417 on Wednesday. The average volume and value for the month to date amounts to 204,205 units at a value of $935,482, versus 177,258 units at a value of $982,896, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with higher bids than their last selling prices and 4 with lower offers.
At the close of the day’s activity, Access Financial closed with a loss of 1.25 cents at $47.70, with an exchange of 200 shares, AMG Packaging ended 27 cents higher at $1.95, with 211,000 stock units changing hands, Caribbean Cream ended trading 3,088 shares, with a loss of 20 cents at $5.80,  Caribbean Producers finished trading 38 cents higher at $5.44, with 2,740 units changing hands, Consolidated Bakeries closed at $1.90, in trading 2,000 shares. Derrimon Trading ended 30 cents higher at $2.50, with 54,844 shares changing hands, Dolphin Cove concluded trading of 191,787 shares, with a loss of 1.95 cents to end at $15.05, Elite Diagnostic finished at $2.87, in exchanging of 84,921 stock units, Eppley settled at $9, while trading 6,540 units. Everything Fresh gained 12 cents and ended trading 10,000 shares to close at $1.50, Express Catering ended trading 102,475 shares with the price rising 14 cents to $8, FosRich Group  traded 19,169 shares, at $3.95, GWest Corporation  closed at $1.60, with an exchange of  10,801 stock units, Indies Pharma  rose 10 cents in trading 12,136 shares to close at $3.30, Jetcon Corporation  ended trading with a loss of 10 cents at $3.05, with an exchange of 4,010 stock units. Knutsford Express  closed 5 cents higher at $12, with 27,700 shares changing hands, Lasco Distributors ended with a loss of 10 cents at $3.80, as 5,310 shares were traded, Lasco Financial concluded trading of 6,618 stock units, and move 10 cents higher to $4.25,  Lasco Manufacturing  closed 16 cents higher at $3.36, with an exchange of 38,662 units. Main Event settled at $6.35, with 800 shares changing hands, Medical Disposables  ended trading 9,200 shares and added 20 cents to finish at $6.70 and  Stationery and Office  climbed $1.40 to close at $9.50, with 130,730 stock units trading.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market inched higher – Wednesday

The Junior Market of the Jamaica Stock Exchange closed trading on Wednesday with the Market Index rising 8.89 points to close at 3,166.43 as the prices of 10 securities rising, 9 falling and 9 remaining unchanged.
The market closed with 28 securities changing hands, resulting in an exchange of just 522,801 units valued at a mere $2,363,665 compared to 1,541,445 units valued at $5,341,261 on Tuesday from trading in 22 stocks.
Trading ended with an average of 18,671 units for an average of $84,417 in contrast to 70,066 units for an average of $242,785 on Tuesday. The average volume and value for the month to date amounts to 177,258 units at a value of $982,896, versus 193,704 units at a value of $1,076,071, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with higher bids than their last selling prices and 4 with lower offers.
At the close of the day’s activity, Access Financial closed $1.45 higher at $48.95, trading 955 shares, AMG Packaging ended with a loss of 2 cents at $1.68, with an exchange of 5,955 stock units, Blue Power concluded trading of 1,500 units at $6.20, Cargo Handlers settled at $15,with 492 shares changing hands, Caribbean Cream ended trading 200 shares at $6. Caribbean Producers finished trading 3,590 units with a loss of 24 cents to end at $5.06, Consolidated Bakeries closed at $1.90, with 2,500 shares trading, Derrimon Trading ended with a loss of 35 cents at $2.20, with an exchange of 19,825 shares, Elite Diagnostic finished with a loss of 2 cents at $2.87, with 34,019 stock units exchanged. Eppley settled at $9, trading 2,110 units, Everything Fresh rose 8 cents and ended trading 31,057 shares to close at $1.38, Express Catering ended trading of 39,600 shares and lost 14 cents in ending at $7.86, FosRich Group traded 8,500 shares and closed 1 cent higher at $3.95, General Accident finished trading 600 shares and rose 5 cents to $3.45. GWest Corporation closed 30 cents higher at $1.60, with 1,000 stock units being exchanged, Honey Bun ended at $3.50, with trading of 1,449 units, Indies Pharma traded 27,257 shares to close at $3.20, Iron Rock concluded trading of 800 shares and closed 60 cents higher at $5,  Jetcon Corporation  ended trading 14 cents higher at $3.15, with an exchange of 20,631 stock units. Knutsford Express  closed 45 cents higher at $11.95, with the swapping of 16,181 shares, Lasco Distributors  ended 10 cents higher at $3.90, after 81,989 shares traded, Lasco Manufacturing  finished with a loss of 30 cents at $3.20, in exchanging 34,000 units, Main Event  settled 45 cents higher at $6.35, trading 640 shares. Medical Disposables  ended trading of 5,243 shares, with a loss of 30 cents at $6.50, SSL Venture Capital traded 62,840 shares and lost 10 cents to end at $1.90 and Stationery and Office finished trading 4,268 stock units at $8.10,  In the Junior Market preference segment, Derrimon Trading ended at $2.10, with an exchange of 600 stock units and Eppley 8.25% finished trading 115,000 shares, with a loss of 5 cents at $6.30.

Prices of securities trading for the day are those at which the last trade took place.

Sharp jump for Junior Market

The Junior Market of the Jamaica Stock Exchange closed trading on Tuesday with the Market Index jumping 43,88 points to close at 3,157.54 as the prices of 8 securities rising, 4 falling and 10 remaining unchanged
The market closed with 22 securities changing hands, resulting in an exchange of 1,541,445 units valued at $5,341,261 compared to 1,343,967 units valued at $5,105,838 on Monday from trading in 25 stocks.
Trading ended with an average of 70,066 units for an average of $242,785 in contrast to 53,759 units for an average of $204,233 on Monday. The average volume and value for the month to date amounts to 193,704 units at a value of $1,076,071, versus 204,672 units at a value of $1,149,992, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with higher bids than their last selling price and 3 with lower offers.
At the close of the day’s activity, Access Financial closed with a loss of 3 cents at $47.50, trading 207 shares, Cargo Handlers settled at $15, with an exchange of 3,000 shares, Caribbean Cream ended trading 105,800 shares and rose 60 cents higher to $6, Caribbean Producers finished trading at $5.30, with 26,157 units changing hands, Consolidated Bakeries closed with a loss of 10 cents at $1.90, with trading in 500 shares. Derrimon Trading ended at $2.55, with an exchange of 26,666 shares, Elite Diagnostic closed 2 cents higher at $2.89, with 19,246 stock units changing hands, Eppley settled at $9, with trading in 2,460 units, Everything Fresh ended trading of 431,780 shares to close at $1.30, Express Catering closed trading of 37,000 shares and rose 50 cents to $8. FosRich Group traded 9 cents higher to $3.94, with 68,815 shares trading, Honey Bun ended at $3.50, with 3,000 units changing hands, Indies Pharma traded 112,128 shares to close at $3.20,  Jetcon Corporation  ended trading with 32,100 stock units and rose 1 cent higher to $3.01,  Knutsford Express  closed at $11.50, with an exchange of 13,167 shares. Lasco Distributor  ended 5 cents higher at $3.80, trading 553,428 shares, Lasco Financial  concluded trading of 10,225 stock units and rose 15 cents to $4.15,  Lasco Manufacturing  finished 45 cents higher at $3.50, after trading 41,640 units, Medical Disposables  ended trading of 2,457 shares, rising 30 cents higher to $6.80. Paramount Trading closed with a loss of 7 cents at $2.45, with 20,669 shares changing hands, SSL Venture Capital traded 1,000 shares and ended at $2 and Stationery and Office finished trading of 30,000 stock units with a loss of 40 cents to close at $8.10.

Prices of securities trading for the day are those at which the last trade took place.

 

Steady Junior Market

The Junior Market of the Jamaica Stock Exchange just inched higher at the close of trading on Monday with the Junior Market Index rising a mere 0.38 points to close at 3,113.66.
The market closed with 25 securities changing hands, resulting in an exchange of 1,343,967 units valued at $5,105,838 compared to 1,109,020 units valued at $4,743,095 on Friday from trading in 26 stocks.
 Market activities, saw the prices of 8 securities rising, 7 falling and 10 remaining unchanged. Lasco Manufacturing traded at an intraday 52 weeks’ low of $2.95 but closed at $3.05.
Trading ended with an average of 53,759 units for an average of $204,233 in contrast to 42,655 units for an average of $182,427 on Friday. The average volume and value for the month to date amounts to 204,672 units at a value of $1,149,992, versus 221,591 units at a value of $1,256,019, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with higher bids than their last selling price and 6 with lower offers.
At the close of the day’s activity, Access Financial closed at $50.50, trading 100 shares, AMG Packaging ended at $1.70, after 90,000 stock units were traded, Blue Power concluded trading of 12,926 units with a loss of 13 cents at $6.20, Cargo Handlers settled 10 cents higher at $15, with an exchange of 6,060 shares, Caribbean Cream ended trading of 6,600 shares at $5.40. Caribbean Producers finished trading 208,181 units, with a loss of 10 cents at $5.30, Derrimon Trading ended with a loss of 2 cents at $2.55, trading 236,354 shares, Eppley settled at $9, with 1,765 units changing hands, Express Catering ended trading 36,313 shares with a loss of 10 cents at $7.50. FosRich Group traded 6 cents higher at $3.85, with an exchange of 45,100 shares, Everything Fresh gained 3 cents in trading 132,000 shares to close at $1.30, Honey Bun ended at $3.50, with an exchange of 17,196 units, Indies Pharma traded 14,760 shares and added 6 cents to close at $3.20, Jamaican Teas settled at $3.70, with an exchange of 4,434 shares, Jetcon Corporation ended trading 17,400 stock units at $3. Key Insurance traded 30,823 units at $4,  Knutsford Express  closed $1.50 higher at $11.50, with an exchange of 34,985 shares, Lasco Distributors  ended with a loss of 15 cents at $3.75, trading 254,188 shares, Lasco Financial  concluded trading 1,400 stock units with a loss of 90 cents down to $4. Lasco Manufacturing  finished 3 cents higher at $3.05, with 101,942 units after trading at a low of $2.95, Main Event  settled with a loss of 60 cents at $5.90, with 19,374 shares changing hands, Medical Disposables  ended trading of 10,445 shares, with a rise of 10 cents to close at $6.50,  SSL Venture Capital traded 47,156 shares and ended at $2, Stationery and Office finished trading with 12,314 stock units with a rise of 40 cents to $8.50 and tTech ended at $5.19, as 2,151 shares were traded.
Prices of securities trading for the day are those at which the last trade took place.