Junior Market trading steady – Monday

Junior Market stock trading.

Trading volume rose just 3 percent over Friday’s level on the Junior Market of the Jamaica Stock Exchange on Monday, resulting in an exchange of 3,199,174 units valued at $8,299,261, lower than the $9,592,204 expended on the 3,096,487 shares traded on Friday.  
At the close, the market index rose 20.20 points to 3,091.26 as 23 securities changed hands with prices of 10 rising, 8 declining and 5 remaining unchanged, compared with 24 securities changing hands, previously. FosRich Group traded at an intraday record high of $4.60 but drifted lower at the close.
Trading ended with an average of 139,095 units for an average of $360,837 in contrast to 129,020 units for an average of $399,675 on Friday. The average volume and value for the month to date amounts to units 114,510 valued at $401,574 and previously 110,022 valued at $409,011 for each security traded. In contrast, March closed with an average of 195,942 shares valued at $777,498 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 bids higher than their last selling prices and 10 with lower offers.
At the close of the market, AMG Packaging ended trading 10 cents higher at $2.30, with an exchange of 10,000 stock units, Cargo Handlers settled with a loss of 5 cents at $10.95, with 4,494 shares changing hands, Caribbean Cream ended trading of 1,098 shares and rose 20 cents to close at $5.70. Caribbean Producers traded 9,500 units, with a loss of 9 cents at $4.86, Derrimon Trading ended 20 cents higher at $2.70, with an exchange of 89,835 shares. Dolphin Cove dropped $1.50 in closing at $12.50, with an exchange of 1,784 shares, Everything Fresh ended at $1.41, with 8,900 stock units changing hands, Elite Diagnostic settled 8 cents higher at $3.10, with 17,159 units changing hands, Express Catering ended trading of 1,900 shares 48 cents higher at $7.99. FosRich Group closed at $4.30 after trading 23,408 shares at a record high of $4.60, Fontana finished trading 288,466 shares, with a loss of 4 cents in closing at $3.95,  General Accident  closed 5 cents higher at $4.30, with an exchange of 81,000 stock units. GWest Corporation  ended with a loss of 20 cents at $1.30, with 82,735 units changing hands, Honey Bun  concluded trading of 4,145 shares at $4, iCreate lost 1 cent and closed at $1, with an exchange of 1,011,174 shares, Indies Pharma  finished with a loss of 1 cent at $3.05, trading 1,066,647 shares. Jamaican Teas  traded 5,000 units and gained 33 cents to close at $3.53,  Lasco Distributors finished 1 cent higher at $3.71, with an exchange of 415,000 units. Lasco Financial settled 49 cents higher at $4.99, with 1,254 shares changing hands, Lasco Manufacturing  ended trading 24,028 shares at 3 cents higher to $3.48, Main Event traded with 6,200 shares at $5.40. SSL Venture Capital ended with a loss of 5 cents at $1.60, with an exchange of 29,947 shares and Stationery and Office  concluded trading at $6.75, with 15,500 shares changing hands.

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

Cement still top stock to watch

Caribbean Cement traded at a new high of $73.90 recently.


Jamaican stocks continue to consolidate as they await some major price moving events to change direction. During the past week, Caribbean Cement make a gallant move to break out but selling pushed the price back to close at $60.61, after posting a high of $73.90. On Friday, it traded at $66 but sellers pushed it back lower by the close. 
Buying interest remains good for Carib Cement while selling seems a bit muted. With first quarter results due by the last week in April, investors could be positioning to get ahead of those results, expected to be well ahead of the 2018 profit. The stock could close higher during the week based on demand and supply.
Earlier in last week, NCB Financial looked as if it was going to move back to the $150 range with no offers below $150 for an extended period of trading. That never lasted as sellers entered, keeping the price in the $145 range. Other main market stocks to watch include, Barita Investments, Berger Paints, Jamaica Producers, Radio Jamaica and Wisynco Group that has some selling around the $12 level and my take some more time to move higher.
While there are stocks that are pregnant with possibility to move, the sideways movement of the market, seems set to continue this coming week. The situation will be made worse, with the pending Wigton Windfarm IPO, that should be coming the market this week, and will suck up approximately $6 billion, at around 50 cents per share.

Wigton IPO with propectus expected in a day or two could pressure existing stock prices.

The Junior Market is currently, supported by two major technical indicators, indicating a rising market ahead. One is a triple bottom that it is bouncing off and the other a triangle formation, both indicate a big breakout. The last time the market had a triple bottom was between March and July last year and the market gained more than 500 points after.
Junior Market stocks to watch this week and beyond include, Caribbean Cream with full year results due towards the end of April that could help the stock. Caribbean Producers supported by technical indicator suggesting a higher price down the road. General Accident currently at a PE of 15 times 2018 earnings but well below likely 2019 earnings. Investors continue to demand Elite Diagnostic stock at $3.20 or lower with sellers mostly wanting close to $3.50. Honey Bun is showing all the signs of moving higher. Fontana remains fluid at $4 level. Express Catering that will benefit from the double-digit upsurge in Tourist arrivals so far in 2019. Lasco Manufacturing was in the news with expansion of the storage facilities to accommodate increased production, the stock gained last week and could record further gains this coming week, regardless it one worth watch for longer term gains.

Increased trading on Junior Market – Friday

Derrimon Trading exchanged 2.5m shares on Friday.

Trading rose 134 percent on the Junior Market of the Jamaica Stock Exchange on Friday, resulting in an exchange of 3,096,487 units valued at $9,592,204, 78 percent higher than the $5,378,634 expended on 1,321,507 shares traded on Thursday.  
The increased market activity failed to move the index up. At the close, the index dropped 35.46 points to 3,071.06 as 24 securities changed hands with prices of 5 rising, 13 declining and 6 remaining unchanged, compared with 25 securities changing hands previously.
Trading ended with an average of 129,020 units for an average of $399,675 in contrast to 52,860 units for an average of $215,145 on Thursday. The average volume and value for the month to date amounts to units 110,022 valued at $409,011 and previously 105,552 valued at $411,207 for each security traded. In contrast, March closed with an average of 195,942 shares valued at $777,498 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 bids higher than their last selling prices and 4 with lower offers.
At the close of the market, AMG Packaging ended at $2.20, with 12,842 stock units changing hands, Blue Power concluded trading with 500 units at $4.50, Cargo Handlers settled at $11, with an exchange of 100 shares, Caribbean Cream ended trading with a loss of 4 cents at $5.50, with 3,782 shares traded. Caribbean Flavours traded 102,200 stock units with a loss of 15 cents, in closing at $16.95, Caribbean Producers closed with 4,100 units changing hands, after falling 4 cents to end at $4.95, Derrimon Trading ended with a loss of 10 cents at $2.50, with an exchange of 2,510,989 shares. Dolphin Cove concluded trading of 750 shares, with a rise of 1 cent to $14, Everything Fresh finished with a loss of 4 cents at $1.41, with 48,000 stock units changing hands, Express Catering ended trading of 3,100 shares with a loss of 24 cents to end at $7.51, FosRich Group exchanged 4,462 shares and rose 40 cents to $4.30.  Fontana  finished trading 91,304 shares and fell 1 cent to $3.99,  General Accident  closed with a loss of 25 cents at $4.25, in exchanging 20,000 stock units, GWest Corporation  ended at $1.50, with 7,000 units trading. Honey Bun  concluded trading of 2,055 shares with a loss of 18 cents in closing at $4, iCreate added 1 cent and closed at $1.01, with an exchange of 100,791 shares, Indies Pharma finished 1 cent higher at $3.06, with an exchange 979 shares, Jamaican Teas traded with a loss of 90 cents at a 52 weeks’ low of $3.20, in swapping 61,000 units. Jetcon Corporation finished trading 26,470 shares, with a loss of 59 cents to close at $2.31, Knutsford Express concluded trading 18,881 stock units with a loss of 89 cents to $12.99, Lasco Distributors finished with a loss of 10 cents at $3.70, with an exchange 68,485 units. Lasco Manufacturing ended trading with 4,597 shares with a loss of 10 cents at $3.45, Medical Disposables traded 100 stock units at $8 and Stationery and Office concluded trading of 4,000 shares at $6.75.

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

Trading down for Junior Market – Thursday

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Trading dropped more than 70 percent on the Junior Market of the Jamaica Stock Exchange on Thursday, resulting in an exchange of 1,321,507 units for just $5,378,634 compared to 3,107,329 units valued at $11,717,595 on Wednesday.
The market index gained 28.89 points to close at 3,106.52 as 25 securities changed hands with prices of 8 stocks rising, 7 declining and 10 remaining unchanged, compared with 26 securities changed hands previously.
Trading ended with an average of 52,860 units for an average of $215,145 in contrast to 119,513 units for an average of $450,677 on Wednesday. The average volume and value for the month to date amounts to units 105,552 valued at $411,207 and previously 122,660 shares with a value of $474,863 for each security traded. In contrast, March closed with an average of 195,942 shares valued at $777,498 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Access Financial closed at $45.50, with an exchange of 5,800 shares, AMG Packaging ended at $2.20, with 20,250 stock units changing hands, Blue Power concluded trading of just 500 units and rose 20 cents to $4.50, Cargo Handlers settled at $11, with 5,000 shares. Caribbean Producers finished trading with 1,433 units at 29 cents higher to $4.99, Consolidated Bakeries closed at $2, with an exchange of 87,701 shares, Derrimon Trading ended at $2.60, with 15,000 shares changing hands, Everything Fresh finished trading 41,194 stock units at $1.45, Express Catering ended trading 95,224 shares with a loss of 25 cents to close at $7.75. FosRich Group ended with a loss of 10 cents at $3.90, with 13,174 shares changing hands, Fontana finished trading 511,481 shares, with a loss of 5 cents to close at $4,  General Accident  closed 30 cents higher at $4.50, with an exchange of 200 stock units, GWest Corporation  ended at $1.50, with 10,000 units trading. Honey Bun traded 259,350 shares, and rose 18 cents to end at $4.18, iCreate lost 1 cent and closed at $1, with an exchange of 44,410 shares. Indies Pharma finished with a loss of 5 cents at $3.05, with an exchange of 58,280 shares, Iron Rock  settled at $3.99, with 1,714 shares changing hands, Jamaican Teas traded 11,475 units at $4.10. Jetcon Corporation  finished trading 5 cents higher at $2.90, with an exchange of 40,467 shares, Knutsford Express  concluded trading of 270 stock units, with a loss of 60 cents in closing at $12.10,  Lasco Distributors  finished 8 cents higher at $3.80, with an exchange of 1,166 units, Lasco Financial  settled at $4.50, trading 6,760 shares. Lasco Manufacturing ended trading of 76,687 shares at 15 cents higher to $3.55, Main Event traded 3,971 shares with a loss of 5 cents to end at $5.40 and Medical Disposables gained 40 cents to close at $8, with 10,000 stock units changing hands.

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

Trading rises on Junior Market – Wednesday

Junior Market stock trading.

Trading picked up on the Junior Market of the Jamaica Stock Exchange on Wednesday, resulting in an exchange of 3,107,329 units valued at $11,717,595 compared to 1,594,633 units valued at $6,823,033 on Tuesday.
The market index dived 43.58 points to close at 3,077.63 as 26 securities changed hands with prices of 7 stocks rising, 10 declining and 9 remaining unchanged, compared with 23 securities changed hands previously.
Trading ended with an average of 119,513 units for an average of $450,677 in contrast to 69,332 units for an average of $296,654 on Tuesday. The average volume and value for the month to date amounts to units 122,660 valued at $474,863 and previously 124,264 units valued at $487,194. In contrast, March closed with an average of 195,942 shares valued at $777,498 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 bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial traded 14,046 shares at $45.50, AMG Packaging ended 4 cents higher at $2.20, with an exchange of 5,000 stock units, CAC 2000 finished with a loss of 3 cents at $9, with the swapping of 23,674 shares, Caribbean Producers traded 58,978 units, with a loss of 29 cents at $4.70. Consolidated Bakeries closed with a loss of 9 cents at $2, with 52,535 shares changing hands, Derrimon Trading ended with a loss of 5 cents at $2.60, while trading 181,518 shares, Everything Fresh finished 5 cents higher at $1.45, with 46,797 stock units changing hands. Elite Diagnostic settled with a loss of 14 cents at $3.02, with an exchange of 3,730 units, Express Catering ended trading of 51,100 shares at $8, FosRich Group traded with a loss of 40 cents at $4, with 7,484 shares, Fontana finished trading at $4.05, with 66,924 shares. General Accident closed with a loss of 30 cents at $4.20, with 93,750 stock units changing hands, GWest Corporation ended 10 cents higher at $1.50, trading 26,782 units, Honey Bun concluded trading with 300 shares at $4, iCreate closed at $1.01, with an exchange of 102,200 shares. Indies Pharma ended at $3.10, with 23,500 shares changing hands, Iron Rock  settled 1 cent higher at $3.99, with an exchange of 1,400 shares, Jamaican Teas  traded 1,000 units for an increase of 10 cents to close at $4.10. Jetcon Corporation  finished trading 6,210 shares with a rise of 5 cents to $2.85,  Key Insurance  closed with a loss of 15 cents at $3, with 4,000 shares changing hands,
Lasco Distributors
finished 2 cents higher at $3.72, with an exchange of 193,890 units. Lasco Financial  traded 16,000 shares with a loss of 2 cents to end at $4.50, Lasco Manufacturing  ended trading with a loss of 25 cents at $3.40, while exchanging 2,015,333 shares, Main Event  traded 7,248 shares at $5.45, Paramount Trading  closed at $2.50, with 100 units changing hands and  Stationery and Office concluded trading with 103,830 shares at $6.75.

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

Trading drops on Junior Market – Tuesday

Main market volume contracts.

The Junior Market lost momentum on Tuesday with an exchange of 1,594,633 units at $6,823,033 compared to 4,742,829 units valued at $18,023,858 on Monday, as 23 securities changed hands, versus 28 previously.
The market index slipped 7.23 points to 3,121.21 as the prices of 9 stocks rose, 7 declined and 7 remained unchanged.
Trading ended with an average of 69,332 units for an average of $296,654 in contrast to 169,387 units for an average of $643,709 on Monday. The average volume and value for the month to date amounts to units 124,264 valued at $487,194. In contrast, March closed with an average of 195,942 shares valued at $777,498 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 bids higher than their last selling prices and 6 with lower offers.
At the close of the market, Access Financial closed at $45.50, with an exchange of 7,807 shares, AMG Packaging ended 1 cent higher at $2.16, with 5,000 stock units changing hands, Blue Power concluded trading of 72,817 units, with a loss of 20 cents in closing at $4.30, Cargo Handlers settled at $11, in trading 1,500 shares. Caribbean Producers finished trading of 41,150 units with a rise of 19 cents to end $4.99, Consolidated Bakeries closed 4 cents higher at $2.09, with an exchange of 2,448 shares, Derrimon Trading ended at $2.65, with an exchange of 16,113 shares, Everything Fresh finished with a loss of 5 cents at $1.40, trading 244,900 stock units. Elite Diagnostic settled with a rise of 16 cents at $3.16, in trading 1,000 units, Express Catering swapped 33,377 shares after rising 20 cents higher at $8, FosRich Group traded 4,777 shares, in rising 65 cents higher to $4.40, Fontana finished trading at $4.05, with 770,452 shares, Honey Bun concluded trading at $4, with 34,550 shares. iCreate rose 1 cent to close at $1.01, with an exchange of 6,590 shares. Iron Rock settled with a loss of 1 cent at $3.98, trading 5,000 shares, Jamaican Teas  traded 12,224 units and rose 10 cents higher to $4,  Jetcon Corporation traded 17,185 shares, at $2.80,  Key Insurance  closed at $3.15, with 1,000 shares changing hands. Lasco Distributors finished with a loss of 19 cents at $3.70, with an exchange of 61,905 units, Lasco Manufacturing ended trading with 16,413 shares and closed 10 cents higher at $3.65,  Main Event  traded with a loss of 6 cents at $5.45, with 650 shares crossing through the exchange. SSL Venture Capital  ended with a loss of 5 cents at $1.65, with an exchange of 2,670 shares and Stationery and Office lost 5 cents to close at $6.75, with 235,105 shares changing hands.

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

Watch Junior Market for break higher

Junior Market poised to breakout.

Jamaican stocks are in for an interesting period with Junior Market stocks down nearly 5 percent for the year to date, lagging their main market stocks counterparts that are up 2.2 percent for 2019, but technical indicators now point to a big rally for the Junior Market.
The Junior Market is currently, supported by two major technical indicators, indicating a rising market ahead. One is a triple bottom that it is bouncing off and the other a wedge formation, both indicate a big breakout. The last time the market had a triple bottom was between March and July last year and the market gained more than 500 points.
The Jamaica Stock Exchange main market may be consolidating, but it seems to be making another effort to challenge the record high of 433,307.22 reached by the All Jamaica Composite Index in November last year. With the market closing on Friday at 426,180.60 points, it will require some meaningful price gains to close the more than 7,000 points gap.

Carib Cement traded at $58 on Friday.

For the current week, which stock could contribute to closing of the gap? Buying interest remains good for Carib Cement that moved up by $2 by the close of the week to $58. There is some selling at the last traded price but demand should take this out soon. Radio Jamaica is in demand again with a big increase in the December quarter’s profit that spell positives for the 2020 fiscal year’s results.
Wisynco came in for some selling pressure last week by the close on Friday, the stock ended at $11.95. Going forward the stock is a strong buy with increasing business and improving efficiency in operations and with credible reports that they are in talks with other local producers to distribute some popular local brands. Supreme Ventures continues to make new highs and is worth watching. The price is high more up even higher during the week but supply seems inadequate to meet demand, but an investment in the stock now may only warrant those looking for long-term returns.

NCB Financial traded at $145.05 on the JSE on Friday.

More buying came in for NCB Financial with it closing the week marginally higher at $145.05. The stock may still take some time to break higher but with second quarter results due by end of April increase demand could well develop ahead of the results.
Junior Market stocks to watch this week include, the overhang of Cargo Handlers stock was taken out last week at $11.06 and seem set to pave the way for a bounce in the price, but the stock is a bit overvalued relative to the overall market. Caribbean Cream that closed at $5.55 but traded up to $6.60 in the previous week. Full year results are due towards the end of April and that could help the stock. Caribbean Producers came into buying last week, with a move higher going forward, supported by technical indicator. Sellers of General Accident shares continues to be low, but buyers are trying to get stocks no higher than $4.50 currently at a PE of 15 times 2018 earnings and well below likely 2019 earnings. Investors in the stock at the start of 2018 got a dividend that exceeded 5 percent. If the same were to happen in 2019, the stock would end up at $6 by the end of this year. Investors continue to demand Elite Diagnostic stock at $3.20 or lower with sellers mostly wanting close to $3.50. Trading higher may not occur until closer to the release of nine months results due by mid-May. Honey Bun is showing all the signs of moving higher and traded

Honey Bun traded higher last week.

at $4.24 this past week, up from $3.83 at the end of the previous week. The bid for the stock is now at $4.15. Fontana closed the past week with a slight uptick to end at $4.05, buying continues to be good. With strong potential for growth to flow from expansion of stores now on the way, the stock is to be watched for the inevitable breakout. Express Catering has been enjoying decent buying interest. It is bound to be a big winner from the double digit upsurge in Tourist arrivals so far in 2019. Lasco Manufacturing was in the news with expansion of the storage facilities to accommodate increased production, the stock gained last week and could record further gains this coming week, regardless it one worth watch for longer term gains.

Junior Market lost 5% in Q1

The Junior market is down 4.8% for 2019 but the chart is flashing some positives.

The Junior Market closed the first quarter of the year with a decline of 4.8 percent but technical indicators suggest that a major change is coming soon, with the early signals suggesting it could be to the upside.
The market index declined 20.30 points to 3,092.02 as the prices of 9 securities rose, 10 declined and 10 remained unchanged.  At the close of trading, 29 securities changed hands, versus 28 Thursday.
Market activities, was more normal on Friday from Thursday swollen volume, with a 70 percent drop in the day’s volume, to 3,378,621 units for $15,299,931, compared to 11,336,686 units changing hands at $37,683,562 on Thursday.
Trading ended with an average of 116,504 units for an average of $527,584 in contrast to 404,882 units for an average of $1,345,842 on Thursday. The average volume and value for the month to date amounts to 195,942 shares valued at $777,498 compared to 200,568 shares valued at $792,051 on the previous day. In contrast, February closed with an average of 235,225 units valued at $679,790 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 bids higher than their last selling prices and 6 with lower offers.
At the close of the market, Access Financial closed with a loss of 60 cents at $46, with 1,000 shares changing hands, AMG Packaging ended with a loss of 10 cents at $2.15, exchanging 2,150 stock units, Blue Power concluded trading with 5,618 units at $4.60, CAC 2000 finished at $12, with 8,000 shares trading. Cargo Handlers settled with a loss of $1.94 at $11.06, with 354,500 shares changing hand, Caribbean Cream ended trading with 2,000 shares, 1 cent higher at $5.55, Caribbean Flavours traded 10,000 stock units 5 cents higher at $17.10, Caribbean Producers rose 17 cents to close at $4.77, with an exchange of 36,500 units. Derrimon Trading ended with a loss of 9 cents at $2.65, with an exchange of 30,400 shares. Everything Fresh finished at $1.51, with 3,000 stock units changing hands, Elite Diagnostic settled at $3, trading 10,000 units, Express Catering ended trading 20,152 shares, with a loss of 20 cents at $7.60, FosRich Group closed at $4, with 20,000 shares changing hands. Fontana finished trading 199,144 shares, at $4.05, General Accident closed 49 cents higher at $4.50, with 9,200 stock units changing hands, GWest Corporation ended with a loss of 5 cents at $1.40, in exchanging 10,000 units, Honey Bun concluded trading of 324 shares with a loss of 1 cent to close at $4.24. iCreate added 1 cent to close at $1.01, with an exchange of 29,400 shares, Indies Pharma finished at $3.09, with 1,946,580 shares changing hands, Iron Rock  settled 44 cents higher at $3.99, with an exchange of 750 shares, Jamaican Teas traded 1,800 units to close at $3.90.  Jetcon Corporation  finished trading 5,865 shares with a loss of 20 cents to close at $2.80. Knutsford Express  closed 80 cents higher to $12.70, with 112,159 stock units changing hands, Lasco Distributors  finished with a loss of 4 cents at $3.85, exchanging 55,627 units, Lasco Financial  settled with a loss of 5 cents at $4.50, with an exchange 145,483 shares, Lasco Manufacturing  ended trading 187,738 shares with a rise of 30 cents to $3.60. Main Event traded 1 cent higher at $5.51, with 4,700 shares, Paramount Trading closed at $2.30, with the trading of 160,106 units and tTech settled at $6, with 6,425 stock units changing hands.

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

Lasco dominates Junior Market – Thursday

Lasco Manufacturing traded 10 million shares on Junior Market on Thursday, accounting for 89 percent of the day’s volume that saw 11,336,686 units changing hands at $37,683,562, compared to 6,366,628 units valued at $24,922,045, changing hands on Wednesday.
At the close of trading, 28 securities changed hands, the same as Wednesday. The market index rose 21.66 points to close at 3,112.32 as the prices of 10 securities rose, 8 declined and 7 remained unchanged.
Trading ended with an average of 404,882 units for an average of $1,345,842 in contrast to 227,380 units for an average of $890,073 on Wednesday. The average volume and value for the month to date amounts to 200,568 shares valued at $792,051 compared to 188,396 shares valued at $759,059 on the previous day. In contrast, February closed with an average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Access Financial closed at $46.60, with 1,605 shares changing hands, Blue Power concluded trading of 40,500 units, at $4.60, CAC 2000 finished with a loss of 41 cents at $12, with an exchange of 2,500 shares, Cargo Handlers settled 20 cents higher at $13, with the trading of 756 shares. Caribbean Producers finished trading 20,856 units at $4.60, Consolidated Bakeries closed 19 cents higher at $1.99, with 22,000 shares changing hands, Derrimon Trading ended with a loss of 1 cent at $2.74, exchanging 36,270 shares, Everything Fresh gained 1 cent in closing at $1.51, trading 164,261 stock units. Elite Diagnostic settled with a loss of 10 cents at $3, with an exchange of 33,100 units, Express Catering ended trading with 4,961 shares after a loss of 20 cents at $7.80, FosRich Group traded with a loss of 30 cents at $4, with 83,394 shares changing hands, Fontana finished trading 418,247 shares, at $4.05. GWest Corporation  ended 15 cents higher at $1.45, in trading 16,715 units, Honey Bun  traded 7,800 shares at $4.25,  iCreate closed at $1, with an exchange of 29,500 shares, Indies Pharma finished with a loss of 3 cents at $3.09, with 235,659 shares changing hands, Iron Rock settled 5 cents higher at $3.55, with an exchange of 34,709 shares. Jamaican Teas  traded just 6,334 units at $3.90,  Jetcon Corporation finished trading 2,744 shares, for a rise of 39 cents to $3,  Knutsford Express fell 1 cent in closing at $11.90, with 2,998 stock units crossing through the exchange, Lasco Distributors  finished 19 cents higher at $3.89, with 65,017 units changing hands. Lasco Financial settled 3 cents higher at $4.55, exchanging 13,212 shares. Lasco Manufacturing  ended trading with 10,052,000 shares and rose 10 cents to $3.30,  Main Event  traded 2,141 shares at $5.50, Medical Disposables finished trading with a loss of 40 cents at $7.60, with the swapping of 7,707 stock units. Paramount Trading closed at $2.30, with 6,000 units changing hands, SSL Venture Capital ended at $1.70, with an exchange of 1,377 shares and tTech settled 50 cents higher at $6, as 24,323 stock units changed hands.

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

Junior Market slips modestly – Wednesday

Junior Market stock trading.

Junior Market trading declined 28 percent on Wednesday, with 6,366,628 units valued at $24,922,045 changing hands, compared to 8,865,251 units valued at $30,164,992, changing hands on Tuesday.
At the close of trading, 28 securities changed hands, compared with 20 on Tuesday. The market index declined 10.48 points to close at 3,090.66 as the prices of 9 securities rose, 12 declined and 7 remained unchanged.
Trading ended with an average of 227,380 units for an average of $890,073 in contrast to 443,263 units for an average of $1,508,250 on Wednesday. The average volume and value for the month to date amounts to 188,396 shares valued at $759,059 compared to 185,926 shares valued at $750,760 on the previous day. In contrast, February closed with an average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Access Financial closed with a loss of 80 cents at $46.60, with an exchange of 495 shares, AMG Packaging added 15 cents to end at $2.25, with 81,947 stock units changing hands, Blue Power concluded trading of 3,203 units at $4.60. Cargo Handlers settled with a loss of 20 cents at $12.80, in trading 2,894 shares, Caribbean Cream ended trading of 7,250 shares, 1 cent higher at $5.54, Caribbean Producers rose 39 cents to close at $4.60, with 21,522 units trading, Derrimon Trading ended 45 cents higher at $2.75, with 35,711 shares changing hands. Dolphin Cove exchanged 203 shares, at $13.99, Everything Fresh finished with a loss of 5 cents at $1.50, with an exchange of 87,000 stock units. Elite Diagnostic fell 10 cents to close at $3.10, with 17,984 units changing hands, FosRich Group traded 87,130 shares at $4.30, Fontana closed at $4.05, with 1,669,156 shares changing hands, General Accident closed with a loss of 49 cents at $4.01, trading of 2,001,721 stock units. GWest Corporation ended with a loss of 15 cents at $1.30, with 176,087 units changing hands, Honey Bun concluded trading 35 cents higher at $4.25, with 100 shares, iCreate fell 2 cents and closed at $1, with an exchange of 122,185 shares, Indies Pharma finished 3 cents higher at $3.12, with 110,487 shares changing hands. Iron Rock closed 51 cents higher at $3.50, in trading 71,000 shares, Jamaican Teas  traded 40,061 units at $3.90, Jetcon Corporation  exchanged 58,100 shares, with a loss of 29 cents to end at $2.61,  Knutsford Express  lost 9 cents in closing at $11.91, with an exchange of 1,135 stock units. Lasco Distributors  finished with a loss of 10 cents at $3.70, after 142,685 units changed hands. Lasco Financial  settled 27 cents higher at $4.52, exchanging 1,542,000 shares, Lasco Manufacturing  ended trading with 41,957 shares and fell 10 cents to close at $3.20, Main Event traded 3,272 shares at $5.50, Paramount Trading closed at $2.30, with 10,000 units changing hands. Stationery and Office concluded trading of 31,050 shares with a loss of 10 cents at $6.80 and tTech settled 10 cents higher at $5.50, with an exchange of 293 stock units.

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