Junior index drops 3.5% on Friday

September 11, 2015 by

Lasco Manufacturing fell 15 cents to help pull the index down

Lasco Manufacturing fell 15 cents to help pull the index down

Trading on Friday ended with just 1,575,636 units, valued at $3,382,110 changing hands from a total of 9 securities that traded. The prices of 3 stocks advanced 4 declined with the junior market index dropped 34.11 points or 3.45 percent to close at 954.91.
The large decline in the index would be due a lot, to the fall of Lasco Manufacturing with a large number of issued shares.
At the close, 5 securities ended with no bids to buy, while 7 had no stocks being offered for sale and 6 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
Stocks trading are, Access Financial traded 2,500 shares to close with a 2 cents fall to $12, Caribbean Cream lost 30 cents with 14,300 shares changing hands at $1.60, Dolphin Cove JM - Trade 11-9-15traded just 1,210 shares with a loss of 65 cents to end at $12.25, Knutsford Express had 1,500 shares changing hands at $6.10 for a 10 cents gain. Lasco Distributors closed with 490,000 units trading at $1.90 to gain 5 cents, Lasco Financial ended with 629,255 shares changing hands at $1.80. Lasco Manufacturing closed with 191,077 units trading, ending with a loss of 15 cents at $1.80, Medical Disposables ended with 141,958 shares changing hands to close at $2.36 after gaining 1 cent and Eppley preference share 2019 traded 103,836 units at $6.05.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , ,

Slow trading on JSE Friday

September 11, 2015 by

Trading activities on the Jamaica Stock Exchange has been slow in the early morning session with few trades of significant volumes. The market has so far have trading in 21 securities with a volume of 4,065,693 units, with 6 stocks declining and 5 rising.
JSE Intra 11- 09-15Trading activity resulted the JSE Market Index rising 102.04 points to 98,900.09. The JSE All Jamaican Composite index gained 114.03 points to 109,482.70 and the JSE combined index rose 55.04 points to be at 102,166.69. The junior market slipped 4.63 points to 984.39
The main trades so far are Cable & Wireless with 1,700,000 units at 48 cents, Seprod traded 1,813,740 at $14 while losing 60 cents, Proven Investments 86,890 units trading was at 19.9 US cents. In the junior market Lasco Distributors with 253,000 units at $1.85 and Eppley preference Shares 2019 traded 103,836 units at $6.05.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , ,

4 junior stocks fell 0 up on Wednesday

September 9, 2015 by

Trading on Wednesday ended with just 1,672,256 units, valued at $3,304,951 changing hands from a total of 8 securities that traded. The price of none stock declined and 4 advanced with the junior market index shedding 7.29 points to close at 983.49.
JM - Trade 9-9-15At the close, 5 securities ended with no bids to buy, while 5 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
Stocks trading are, Caribbean Producers traded 131,644 shares unchanged at $2.50, Derrimon Trading ended with 29,000 shares changing hands at $2.30 after losing 35 cents, Knutsford Express traded just 15,000 shares at $6, Lasco Distributors closed with 263,298 units trading at $1.87. Lasco Financial ended with 677,150 shares changing hands at $1.85, Lasco Manufacturing closed with 549,634 units trading, ended with a gain of 19 cents to end at $2, Paramount Trading ended with 4,273 shares changing hands at $5.75 and Eppley cumulative preference share 2019, ended with 2,257 units changing hands at $6.05.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , ,

Lasco Manufacturing dominates juniors

September 3, 2015 by
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Bottle heating machine at Lasco Manufacturing. The company traded 1.6m shares on Thursday.

Bottle heating machine at Lasco Manufacturing. The company traded 1.6m shares on Thursday.

Trading on Thursday ended with 2,195,835 units, valued at $4,389,876 changing hands from a total of 12 securities that traded up from only 7 on Wednesday. The price of 4 stocks declined and 3 advanced with the junior market index lost 2.29 points to close at 969.88. Lasco Manufacturing traded 1.6 million units to be the main contributor to the volume traded.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 2 with lower offers.
Stocks trading are, Access Financial traded 7,670 shares to close with a 20 cents increase at $12.20, Cargo Handlers ended with 1,256 shares changing hands and closed at $31, Caribbean Cream ended with 245,000 shares changing hands at $1.71 for a 69 cents decline, Caribbean Producers traded 15,000 units at $2.40, after losing 10 cents. Consolidated Bakeries traded 3,149 shares at $1.20, General Accident Insurance ended with 20,000 shares trading unchanged at $1.42 at the close. JM - Trade Sheet 3-9-15Jamaican Teas had 7,000 shares trading at $3.25 and gained 15 cents, KLE Group traded unchanged at 50 cents with 10,000 units changing hands, Lasco Distributors fell 3 cents to $1.91, with 6,000 units changing hands. Lasco Financial ended with 216,000 shares changing hands at $1.87, for a rise of 21 cents after trading earlier at $1.70, Lasco Manufacturing ended with 1,595,585 shares changing hands at $1.80, but traded as high as $1.95 and Eppley cumulative preference share 2019, ended with 69,175 units changing hands at $6.05.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , ,

Kremi gains 40 cents on Tuesday

September 1, 2015 by

Caribbean Cream closed with a gain of 40 cents on Tuesday.

Caribbean Cream closed with a gain of 40 cents on Tuesday.

Trading on Tuesday ended with 422,713 units, valued at $1,646,233 changing hands from a total of 12 securities that traded. The price of 3 stocks declined and 4 advanced with the junior market index falling 7.54 points to close at 952.14. Caribbean Cream jumped to $2.40 with trading in the stock being halted for an hour as the price exceeded 15 percent on an initial trade and did not trade after reopening a few minutes after 11 am.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 4 with the offers being lower.
Stocks trading are, Access Financial ended at $12 with a loss of $4.50 with 11,886 units changing hands, Cargo Handlers ended with 19,361 shares changing hands and closed at $31, Caribbean Cream rose 40 cents to $2.40 with 72,998 units trading. Caribbean Flavours traded 5,670 units and added 15 cents to end at $2.70, Caribbean Producers traded 103,091 units at $2.50, JM - Trade Sheet 1-9-15Consolidated Bakeries traded 1,000 shares at $1.20, Lasco Distributors was up 10 cents to $1.80, with 8,134 units changing hands, the stock closed with a bid to purchase 3,000 shares at $1.95. Lasco Financial closed with 50,000 units trading to end at $1.66, after rising 1 cent, Lasco Manufacturing closed at $1.90 with 61,231 units changing hands. Medical Disposables traded 78,000 shares to close unchanged at $2.50, Paramount Trading ended with 2,542 shares changing hands at $5.75, for a fall of 25 cents and Eppley cumulative preference share 2019, ended with 8,700 units changing hands at $6.01 with a loss of a cent.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , ,

Lasco Manufacturing trades 14m shares

August 26, 2015 by

Lasco's water treatment machines - there was more than 12M units trading on Wednesday.

Lasco’s water treatment machines – there was more than 12M units trading on Wednesday.

Trading finished with 4 stocks declining and 4 gaining out of 14 securities that traded, resulting in 14,253,052 units, valued at $25,233,568 changing hands with Lasco Manufacturing accounting for 12,053,445 units valued at $20.73 million, 12 million units was embodied in one trade relating to VMBS Wealth Management pension assets for clients. The market lost 2.70 points to close at 915.78.
At the close, 4 securities ended with no bids to buy, while 3 had no stocks being offered for sale and 3 stocks closed with bids higher than the last traded prices and 2 with the offers being lower.
Stocks trading are, Access Financial Services with 100 shares to close at $11, with a gain of 50 cents. At the close the bid was at $12 to buy 2,000 units, AMG Packaging closed with a loss of 21 cents at $3.74 with 290,000 units changing hands, Blue Power closed with 4,806 units changing hands to close at $12.30 with a loss of 5 cents. Caribbean Producers traded just 939 units with a loss of 17 cents at $2.72, Consolidated Bakeries traded 30,000 shares at $1.29 after shedding 24 cents, General Accident Insurance traded 70,200 units with the price closing unchanged at $1.50, Honey Bun ended with 17,662 shares trading unchanged at $3.70, Jamaican Teas had only 196 shares trading to close at $3.12.JM - Trade 26-08-15 Lasco Distributors closed with 1,594,030 units trading, ended with a gain of 2 cents at $1.62. Lasco Financial ended with 124,699 shares changing hands at $1.80, for a rise of 17 cents, Lasco Manufacturing gained 2 cents in closing at $1.72 with 12,053,445 units changing hands. Medical Disposables traded 13,000 shares to close unchanged at $2.50, Paramount Trading ended with 3,975 units changing hands unchanged at $6 and Eppley cumulative preference share 2019, ended with 50,000 units changing hands at $6.05.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , ,

Junior market drops 12% from peak

August 25, 2015 by

JSE sign Trading finished with 4 stocks declining and 1 gaining out of 12 securities that traded, resulting in 3,952,442 units, valued at $11,099,945 changing hands. The market lost 30.25 points to close at 918.48, having shed 122 points or 12 percent since it peaked at 1,040.59 on August 11.
The August decline is a bit worse than the 10 percent pull back, after it recorded a peak of 934.69 on June 10, to bottom out on July 27. The sharp movement by junior market stocks is characteristic of the market around the release of results going back from the early days of the junior market index. At the close, 4 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 2 stocks closed with bids higher than the last traded prices and 4 with the offers being lower.
Stocks trading are, Access Financial Services traded 1,500 shares to close at $10.50, with a gain of 50 cents at the close the bid was at $11 to buy 1,000 units. The stock has been trading on thin volumes, with support mostly around the $10 region. AMG Packaging closed at $3.95 with 4,000 units changing hands, Caribbean Cream traded 67,000 units to close 20 cents lower at $1.60. JM Trade 25-08-15Caribbean Flavours traded 10,000 units unchanged at $2.75, Caribbean Producers traded just 3,077 units at $2.72, General Accident Insurance traded 274,062 units with the price closing unchanged at $1.50, Jamaican Teas had 2,000,000 shares trading to close at $3.12, Lasco Distributors closed with 476,042 units trading, ended down 20 cents at $1.60. Lasco Financial ended with 500,000 shares changing hands at $1.63 for a fall of 2 cents, Lasco Manufacturing with 240,261 units changing hands, closed at $1.70, with a fall of 15 cents, Paramount Trading ended with 2,500 units trading unchanged at $6 and Eppley 9.5% preference share ended with 374,000 units changing hands at $6.05.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , ,

Trading expands to 14 junior stocks

August 18, 2015 by

Derrimon traded at a new 52 weeks' high of $2.50 on Tuesday.

Derrimon traded at a new 52 weeks’ high of $2.50 on Tuesday.

The JSE junior market fell on Tuesday with 7 stocks declining and 5 advancing as 14 securities traded resulting in 1,275,027 units, valued at $4,068,197 changing hands. The market lost 13.02 points to close at 1,017.75.
The market ended with 4 securities closing with no bids to buy, while 6 had no stocks being offered for sale and 2 stocks closed with bids higher than the last traded prices and only 2 with the offers being lower.
Stocks trading are, Access Financial Services traded 100 shares to close with a loss of 50 cents at $18.50, Blue Power closed with 978 units changing hands at $12.28, Caribbean Cream traded 246,315 units to close 2 cents lower at $1.80, Caribbean Flavours traded 67,516 units at $3, while gaining 18 cents. Caribbean Producers traded 40,012 units for 10 cents gain at $2.80, Derrimon Trading ended with 5,113 shares changing hands to end 10 cents higher at $2.50, for a new 52 weeks’ high. Dolphin Cove traded 3,433 shares and closed at $13 after trading earlier as low as $12.15. General Accident Insurance traded 80,419 units with the price falling 15 cents, to $1.45 as investors continue to react negatively to the company reported profits for the June of just $457,000, and $26.6 million for the first JM Trade 18-08-15half of 2015, compared with $88 million and $187 million respectively. Honey Bun with 103,320 shares changing hands, closed at a new 52 weeks’ high of $4 after gaining 60 cents. Jamaican Teas had 1,070 shares trading to close with a loss of 43 cents, at $3.10, Lasco Distributors closed with 48,964 units trading, 14 cents lower at $1.81, Lasco Financial Services traded 45,689 units to close at $1.80, after slipping 3 cents. Lasco Manufacturing with 287,629 units changing hands, closed 5 cents higher at $1.85 and Eppley cumulative redeemable preference shares 2019 ended with 326,469 units changing hands at $6.05.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , ,

4 stocks fell on junior market

August 17, 2015 by

JSE sign The JSE junior market fell on Monday with 4 stocks declining and none advancing 8 securities traded resulting in 1,007,936 units valued at $3,170,193 changing hands. The market gained 2.39 points to close at 1,030.77.
The market ended with 5 securities closing with no bids to buy, while 5 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and only 1 with the offer being lower.
Stocks trading are, Access Financial Services traded 280 shares to close at $19, Cargo Handlers ended with 250 shares changing hands at $31, Caribbean Cream traded 22,685 units to close at $1.82. General Accident Insurance traded 168,160 units with the price falling 14 JM - Trade 17-08-15cents, to $1.60 as the company reported profits for the June of just $457,000, and $26.6 million for the first half of 2015, compared with $88 million and $187 million respectively. Lasco Distributors closed with 44,000 units trading, 5 cents lower at $1.95, Lasco Financial Services traded 49,000 units to close at $1.83 after slipping 7 cents, Lasco Manufacturing with 401,561 units changing hands, closed at $1.80 and Eppley cumulative redeemable preference shares 2019 ended with 322,000 units changing hands at $6.05, with a loss of 5 cents.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , ,

Juniors just make another high

August 10, 2015 by

Lasco Distributors" hot new "I Cool" drink. The stock closed at an all time high on Monday.

Lasco Distributors” hot new “I Cool” drink. The stock closed at an all time high on Monday.

The JSE junior market rose to another all-time high on Monday as 3 stocks rose and 2 declined with Lasco Manufacturing adding 39 cents to close at $2.10. The market gained 1.20 points to close at a new closing high of 1,040.58 as two stocks closed at new 52 weeks’ high.
At the close, 6 securities traded resulting in 1,619,393 units valued at $3,244,958 changing hands. The market ended with 6 securities closing with no bids to buy, while 7 had no stocks being offered for sale and had 4 stocks with bids higher than the last traded prices and only 2 with the offers being lower. Stocks trading are, Blue Power JM - Trade 10-08-15closed with a loss of 72 cents at $12.28 with 1,758 units changing hands, Caribbean Cream traded 101,408 units but lost 15 cents to close at $1.80. Lasco Distributors traded 56,045 shares to close at $1.85 for a gain of 9 cents for a new 52 weeks’ high, Lasco Financial Services traded 172,500 units to close at $1.98 after gaining 8 cents. Lasco Manufacturing with 1,285,181 units changing hands, closed at $2.10 and Eppley 2019 preference share traded 2,000 units at $6.10 up 10 cents to a new 52 weeks’ high.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , ,