Derrimon dominates Junior Market – Thursday

Derrimon Trading exchanged 5.66m shares.

Derrimon dominated trading on the Junior Market of the Jamaica Stock Exchange on Thursday with 5.66 million shares changing hands accounting for nearly 56 percent of the Junior Market volume traded.
At the close of market activities advancing stocks edged out declining ones with the Index inching 0.15 points higher to close at 3,127.66 as the prices of 11 securities rose, 10 declined and 4 remained unchanged.
Trading ended on Thursday with 25 securities changing hands, resulting in an exchange of 10,156,220 units valued at $31,853,419 compared to 3,473,115 units valued at $10,367,273 on Wednesday from 28 securities changing hands.
Trading closed with an average of 406,249 units for an average of $1,274,137 in contrast to 124,040 units for an average of $370,260 on Wednesday. The average volume and value for the month to date, amounts to 235,225 units valued at $679,790 and previously, 226,842 units valued at $650,656 in contrast to 204,171 units for an average of $803,427. In contrast, January closed with average of 2,245,428 units with a value of $7,372,574 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 bids higher than their last selling prices and 3 with lower offers.
At the close of the trading, AMG Packaging ended 5 cents higher at $2.40, while trading 3,000 shares, Blue Power concluded trading of 32,702 units, with a loss of 7 cents to close at $4.93, Cargo Handlers gained 20 cents to close at $13.20, with 1,250 shares crossing over the trading platform. Caribbean Flavours traded 2,050 stock units and climbed $2 to $20, Caribbean Producers finished trading 10 cents higher at $4.60, with an exchange of 8,285 units. Consolidated Bakeries closed with a loss of 1 cent at $1.99, with 500 shares changing hands, Derrimon Trading ended with a loss of 20 cents at $2.70, with an exchange of 5,664,385 shares, Everything Fresh finished with a loss of 10 cents at $1.65, trading 72,506 stock units. Elite Diagnostic settled 3 cents higher at $3.20, with 20,000 units changing hands, Express Catering ended trading 404,531 shares after rising 55 cents higher at $7.85, FosRich Group traded 95,912 shares at $4,  Fontana finished trading 348,963 shares with a loss of 1 cent at $3.98, General Accident closed 35 cents higher at $4.50, with 21,500 stock units changing hands. GWest Corporation ended at $1.80, with 35,447 units traded, Honey Bun concluded trading of 4,800 shares with a loss of 2 cents at $3.80, ICreate traded 399,531 shares with a lost of 2 cents to close at $1.02. Indies Pharma finished 24 cents higher at $3, with 728,417 shares changing hands, Jamaican Teas traded 1,037,035 units and rose 50 cents higher to close at $4.50. Jetcon Corporation finished trading 1,098,133 shares, with a loss of 5 cents at $3.10,  Knutsford Express  concluded trading of 1,700 stock units at $12.87,  Lasco Distributors finished 5 cents higher at $3.80, with 44,807 units changing hands, Lasco Financial  settled 10 cents higher at $4.60, in trading 16,244 shares. Lasco Manufacturing  ended trading of 61,113 shares at $3.25,  Main Event traded 13,409 shares  with a loss of 10 cents to close at $5.50 and Medical Disposables finished trading 100,000 stock units with a loss of 20 cents at $6.80.

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

Big fall for Junior Market – Wednesday

Falling stocks dominated the Junior Market of the Jamaica Stock Exchange on Wednesday with the Index diving 51.63 points to close at 3,127.51 as the prices of 6 securities rose, 12 fell and 9 remained unchanged. 
Trading ended on Wednesday with 28 securities changing hands, resulting in an exchange of 3,473,115 units valued at $10,367,273 compared to 4,609,652 units valued at $19,878,004 on Tuesday.
Trading closed with an average of 124,040 units for an average of $370,260, in contrast to 148,698 units for an average of $641,226 on Tuesday. The average volume and value for the month to date, amounts to 226,842 units valued at $650,656 and previously, 232,813 units valued at $666,944 in contrast to 204,171 units for an average of $803,427. In contrast, January closed with average of 2,245,428 units with a value of $7,372,574 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 none with lower offers.
At the close of the trading, Access Financial ended with a loss of $3 at $50, in an exchange of 1,600 shares, Blue Power concluded trading of 10,514 units and rose 3 cents to $5, CAC 2000 closed 38 cents higher at $12.50, with 5,000 shares crossing the trading platform. Cargo Handlers settled with a loss of 1 cent at $13, trading 29,901 shares, Caribbean Cream ended trading of 10,700 shares with a loss of 8 cents at $5.12, Caribbean Producers lost 10 cents to end at $4.50, with 57,042 units changing hands, Derrimon Trading ended at $2.90, with an exchange of 1,029,307 shares. Everything Fresh closed at $1.75, with the trading of 101,000 stock units, Elite Diagnostic settled 7 cents higher at $3.17, with an exchange of 22,051 units. Express Catering ended trading with 3,000 shares, at $7.30, FosRich Group traded 16,025 shares, at $4, Fontana ended at $3.99, with 344,662 shares trading, and General Accident closed with a loss of 34 cents at $4.15, with an exchange of 55,500 stock units. GWest Corporation ended at $1.80, trading 47,838 units, Honey Bun concluded trading of 33,050 shares with a loss of 5 cents at $3.82, ICreate traded 955,125 and lost 1 cent to close at $1.04. Indies Pharma finished trading of 183,190 shares with a loss of 7 cents at $2.76, Jamaican Teas  traded 17,119 units at $4,  Jetcon Corporation  finished trading 15 cents higher at $3.15, with 98,264 shares traded, KLE Group ended with a loss of 10 cents at $3.10, exchanging 5,918 shares. Knutsford Express  concluded trading of 3,250 stock units with a loss of 3 cents at $12.87,  Lasco Distributors  finished with a loss of 5 cents at $3.75, with an exchange of 24,883 units, Lasco Financial  settled with a loss of 10 cents at $4.50, trading 138,706 shares. Lasco Manufacturing ended trading of 9,370 shares at $3.25, Main Event exchanged 13,250 shares, at $5.60, Medical Disposables  finished trading 40 cents higher at $7, with 140,000 stock units changing hands, SSL Venture Capital  closed at $1.95, with an exchange of 35,000 shares and Stationery and Office concluded trading with 81,850 shares after rising 17 cents to $8.50.

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

Junior Market index moved up – Tuesday

Junior Market stock trading.


Trading ended on Tuesday with 31 securities changing hands, resulting in an exchange of 4,609,652 units valued at $19,878,004, compared to 6,329,310 units valued at $24,906,239.61 changing hands on Monday.
Trading on the Junior Market of the Jamaica Stock Exchange ended with on Monday with the Index advanced by 12.91 points to close at 3,179.14 as the prices of 9 securities rose, 9 fell and 13 remained unchanged.
Trading ended with an average of 148,698 units for an average of $641,226 in contrast to 204,171 units for an average of $803,427 on Monday. The average volume and value for the month to date amounts to 232,813 units valued at $666,944 and previously 148,698 units for an average of $641,226, in contrast to 204,171 units for an average of $803,427 previously. In contrast, January closed with average of 2,245,428 units with a value of $7,372,574 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 trading,  AMG Packaging  ended with a loss of 10 cents at $2.35, with 130,507 stock units changing hands, Blue Power concluded trading 1,586 units, with a loss of 1 cent at $4.97, Caribbean Cream closed with a loss of 17 cents at $5.20, with an exchange of 7,000 shares. Caribbean Flavours  traded 3,605 stock units, at $18,  Caribbean Producers finished trading  11,200 units to close at $4.60, Consolidated Bakeries closed 20 cents higher at $2, with 100 shares changing hands, Derrimon Trading ended at $2.90, with 135,485 shares crossing the exchange’s trading platform. Dolphin Cove  concluded trading with 75,093 shares, with a loss of 95
cents to close at $14,  Everything Fresh  finished 10 cents higher at $1.75, in exchanging 12,000 stock units. Elite Diagnostic settled with a loss of 5 cents at $3.10,  trading 4,900 units, Express Catering ended trading of 694,970 shares, with a loss of 16 cents to close at $7.30, FosRich Group traded 34,968 shares, at $4, Fontana closed trading 8 cents higher at
$3.99, with 511,282 shares changing hands. General Accident jumped 49 cents higher to $4.49, with an exchange of 1,038,615 stock units, GWest Corporation ended at $1.80, with 12,882 units trading, Honey Bun concluded trading of 1,100 shares for 7 cents more to end at $3.87, ICreate traded 561,314 and lost 4 cents to close at $1.05. Indies Pharma finished 13 cents higher at $2.83, trading 13,467 shares. Iron Rock settled at $3.50, with 92,970 shares changing hands, Jamaican Teas  traded 15 cents higher at $4, with an exchange of 19,276 units, Jetcon Corporation  finished trading 108,985 shares, at $3,  Key Insurance  closed at $3, with the trading of 5,000 shares. Knutsford Express  concluded trading with 3,814 stock units at $12.90, Lasco Distributors  closed at $3.80, with 1,047,602 units changing hands, Lasco Financial settled with a loss of 20 cents at $4.60, after trading 10,462 shares, Lasco Manufacturing ended trading 10,451 shares with a loss of 2 cents to close at $3.25. Main Event traded with a loss of 20 cents at $5.60, with 1,236 shares changing hands, Medical Disposables rose 11 cents to close at $6.60, trading 19,900 stock units, SSL
Venture Capital
 ended at $1.95, with 15,000 shares trading and Stationery and Office concluded trading of 5,259 shares with a rise of 8 cents to $8.33. In the Junior Market preference segment, Derrimon Trading 9% ended at $2.10, with 19,623 stock units trading.

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

Strong Junior Market index move – Monday

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Jamaican Teas was the leading trade with 4.5 million shares on Monday.

Trading on the Junior Market of the Jamaica Stock Exchange ended with on Monday with the Index climbing 38.36 points to close at
3,166.23 as the prices of 11 securities rose, 11 fell and 9 remained unchanged.

ICreate was listed on Monday and traded to close at a 52 weeks’ high, of $1.09. The stock was sold to the public in an IPO at $1.01 in late January.
Trading ended with 31 securities changing hands, resulting in an exchange of 6,329,310 units valued at $24,906,240 compared to 2,862,529 units valued at $11,545,436 from 28 securities changing hands on Friday.
The average was 204,171 units for $803,427, in contrast to 102,233
units for an average of $412,337 on Friday. The average volume and value
for the month to date amounts to units 238,595 valued at $668,712 and
previously 241,136 valued at $658,769. In contrast, January closed with average of 2,245,428 units with a value of $7,372,574 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 trading, Access Financial closed $4 higher at $53, trading 1,469 shares, AMG Packaging ended with a loss of 4 cents at $2.45, with an exchange of 5,500 stock units, Blue Power concluded trading of 2,000 units and rose 4 cents to close at $4.98,  Cargo Handlers settled at $14,with 3,950 shares changing hands. Caribbean Cream ended trading of 415 shares after a 5 cents rise to $5.37, Caribbean Producers traded 100,000 units with the price moving 10 cents higher to $4.60, Consolidated Bakeries closed at $1.80, with 10,000 shares changing hands, Derrimon Trading ended with a loss of 5 cents at $2.90, with an exchange of 266,310 shares. Dolphin Cove climbed 95 cents higher to $14.95 in trading 15,000 shares,  Everything Fresh  finished with a loss of 9 cents at $1.65, with an exchange of 44,519 stock units, Express Catering  ended trading 17,000 shares with a loss of 3 cents  at $7.46, FosRich Group traded 7,484 shares, at $4. Fontana lost 4 cents to close at $3.91, in exchanging 913,786 shares.General Accident closed at $4, with 5,575 stock units trading, GWest Corporation ended 5 cents higher at $1.80, with an exchange of 10,000 units, Honey Bun concluded trading of 11,200 shares, with a loss of 18 cents at $3.80, Indies Pharma finished with a loss of 21 cents at $2.70, trading 25,735 shares. Iron Rock settled with a loss of 5 cents at $3.50, with 39,030 shares changing hands, Jamaican Teas traded 4,523,710 shares, but lost 10 cents to close at $3.85,  Jetcon Corporation  finished trading 4,015 shares, at $3,  Knutsford Express  concluded trading with a loss of 10 cents at $12.90, with 10,948 stock units passing through the market. Lasco Distributors finished 5 cents higher at $3.80, in exchanging 33,333 units, Lasco Financial settled at $4.80, trading 4,000 shares, Lasco Manufacturing ended trading with 3,162 shares at $3.27,  Main Event traded 80 cents higher at $5.80, with 6,657 shares crossing the stock exchange platform. Medical Disposables jumped 99 cents and finished trading 65,774 stock units at $6.49,  SSL Venture Capital concluded trading of 4,500 shares, at $1.95,  Stationery and Office  finished 15 cents higher at $8.25, in exchanging 9,551 shares and tTech ended trading of 138 units with a loss of 39 cents to $5.50.
In the junior  market preference segment, CAC 2000 closed at $1, with the trading 6,652 shares.
Prices of securities trading for the day are those at
which the last trade took place.

Cement & RJR on watch alert

Carib Cement could earn $5.30 in 2019.

The action on the Jamaica Stock Exchange is focused on the main market currently as it continues to exhibit clear bullish signs, that propelled by a recent wedge formation and is also being steered upwards by a long term upward sloping support line, that goes
back to early 2016.

The main market is just 9,625.14 points away from the peak
reached of 433,307.22 points reached on 29-Nov-last on the All Jamaica Index. The Junior Market is consolidating with
a slight negative bias, even as this market seems far more undervalued than the main market.
This week investors will see a series of releases with some expected to move the prices of some of the companies. The stocks in this
category to watch keenly are Jamaica Stock Exchange that should report a doubling in profit for the 2018. Berger Paints, Grace Kennedy, Jamaica Producers, Mayberry Investments that should show the full impact of the new accounting standard that will book all investments gains or losses directly to regular profit and loss, Sagicor Group, PanJam Investment. Release of full year’s results for Caribbean Cement last week, provided fuel that drove the price up to $51.50. Supply of the stock is low, with profit prospects for 2019 looking good.
Last weeks’ release of Fontana’s half year results, were mixed, with slightly higher profit for the six months but lower profit for the December quarter, the latter from modest sales increase, halted the advance of the price of the stock. The stock is likely to trade around the $4 level for a while. Investors ought to be focusing on the expansion plans and what that will do to profit in fiscal 2020. Wisynco continues to trade around the $12 mark but could break out at any time demand existing to buy just below $12 and supply drastically reduced compared to the period before the company released six months results.
Demand remains high for Buy Rated Radio Jamaica but supply has virtually dried up and so the stage may be set for higher prices ahead. The price moved up to $1.40 during last week but pulled back afterwards to trade back at $1 on Friday before heading back to close at $1.25.
Elite Diagnostic continues to trade around $3.10 with a gap developing between the bids at $3.10 and sellers at $3.40. Will buyers move higher or will sellers come down where the majority of buyers are?  Watch to see how this develops.
Buying for General Accident continues between $4 and $4.25, when will the break out takes place is unknown, but the valuation suggest that it could be sooner than later as the company is expected to build on the 2018 results of 29 cents per share in 2019.
The price of Lasco Financial rose during the past week but the price could inch higher this week but investors may not be ready push it much higher in the short term
Medical Disposables bid at the close on Friday was $5.50 with offer at $6.49, a wide gap that will close at some time. The company’s expansion into consumer products offers scope for a faster growth in profit going forward and that swill help the stock in the latter half of 2018. The latest results show, it is going take sometime for the expected growth to really take hold.

Seprod & Sygnus jump IC Top 10

Seprod after climbing from $34.85 at the end of the first full week in February to $39 in the week following, the price made more gains this past week, to end at $48 and dropped out of the TOP 10 main market listing.
Another main market stock, Sygnus Credit Investments garnered increased buying interest after the company posted positive December quarter results and moved back to the 2018 IPO price of $13.72 to leave the TOP 10. Grace Kennedy and Stanley Motta moved in to fill the breach left by the above two companies.
Caribbean Cream and Jamaican Teas entered the TOP 10 last week but left the list, by the end of this past week. Also moving on, was Lasco Manufacturing. Entering the Junior Market TOP 10 are tTech, Main Event with the price dropping to $5 and Iron Rock with the price declining to $3.50.
The three leading Junior Market stocks are General Accident, with potential gains of 300 percent, Paramount Trading with potential gains of 281 percent but not likely until the second half of 2019 when the company starts releasing the 2020 fiscal year results and Medical Disposables with 263 percent projected gains.
The three leading main market stocks are, Victoria Mutual investments with 153 percent likely gain, Sterling Investments with 135 percent and Sagicor Group with likely gain of 125 percent. Strong gains in the price of Carib Cement pushed it down to number 4 from 2 last week following strong increased profit for 2018.
The main market closed the week with the overall PE at 13.9 and the Junior Market at 10.2. The PE ratio for Junior Market Top 10 stocks average 6 and the main market PE is now 8.7.
The TOP 10 stocks now trade at an average discount of 41 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 38 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.

More gains for Junior Market – Friday

JSE Junior Market

Trading on the Junior Market of the Jamaica Stock Exchange ended with on Friday with the Index rising 19.51 points to 3,127.87 as the prices of 10 securities rose, 10 fell and 8 remained unchanged. 
Trading resulted in an exchange of 2,862,529 units valued at $11,545,436 with 28 securities changing hands, compared to 2,207,101 units valued at $8,095,275 on Thursday from 26 securities. Main Event closed at a 52 weeks’ low of $5.
Trading ended with an average of 102,233 units for an average of $412,337 in contrast to 84,889 units for an average of $311,357 on Thursday. The average volume and value for the month to date amounts to units 241,136 valued at $658,769 and previously 251,058 valued at $676,371. In contrast, January closed with average of 2,245,428 units with a value of $7,372,574 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 3 with lower offers.
At the close of the trading, AMG Packaging ended 4 cents higher at $2.49, trading 43,526 stock units, Blue Power concluded trading of 31,589 units, with a loss of 6 cents at $4.94, Cargo Handlers settled at $14, with 5,850 shares changing hands, Caribbean Producers finished trading 164,694 units, with a loss of 20 cents at $4.50. Consolidated Bakeries closed at $1.80, with an exchange of 10,350 shares. Derrimon Trading ended 15 cents higher at $2.95, in exchanging 390,716 shares, Dolphin Cove concluded trading of 1,973 shares with a loss of 1 cent at $14, Everything Fresh ended 4 cents higher at $1.74, with 4,500 stock units, Elite Diagnostic settled with a loss of 25 cents at $3.15, trading 10,984 units. Express Catering ended trading 241,022 shares, with a loss of 1 cent to close at $7.49, FosRich Group traded 48,639 shares at $4, Fontana finished trading 9 cents higher at $3.95, with 337,361 shares crossing the exchange platform, General Accident closed at $4, with 39,838 stock units changing hands. GWest Corporation ended 5 cents higher at $1.75, with an exchange of 97,288 units, Honey Bun concluded trading of 600 shares, with a loss of 1 cent to end at $3.98, Indies Pharma finished with a loss of 8 cents at $2.91, trading 19,777 shares, Iron Rock settled 5 cents higher at $3.55, in exchanging 29,885 shares. ISP Finance ended trading 15,000 stock units, at $13, Jamaican Teas traded 10,000 units, with a loss of 5 cents to close at $3.95,  Jetcon Corporation  finished trading 6,200 shares and rose 39 cents to end at $3,  Knutsford Express  concluded trading of just 100 stock units at $13. Lasco Distributors  exchanged 865,988 units, at $3.75,  Lasco Financial  settled 1 cent higher at $4.80, with an exchange of 85,000 shares, Lasco Manufacturing  ended trading 323,827 shares at $3.27, Main Event  traded with 1,000 shares with a loss of 70 cents to close at a 52 weeks’ low of $5. Medical Disposables gained 10 cents to $5.50, with 63,322 stock units changing hands, SSL Venture Capital ended 25 cents higher at $1.95, trading 4,500 shares and Stationery and Office concluded trading with 9,000 shares 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.

Junior Market inches higher – Thursday

Trading on the Junior Market of the Jamaica Stock Exchange ended with on Thursday the Index gaining 7.05 points to close at 3,108.36 as the prices of 10 securities rose, 10 fell and 6 remained unchanged. 
At the close of market settled with 26 securities changing hands, compared to with 27 securities on Wednesday, resulting in an exchange of 2,207,101 units valued at $8,095,275 compared to 2,637,177 units valued at $9,847,525 on Wednesday.
Trading ended with an average of 84,889 units for an average of $311,357 in contrast to 97,673 units for an average of $364,723 on Wednesday. The average volume and value for the month to date amounts to units 251,058 valued at $676,371 and previously 270,714 valued at $702,301. In contrast, January closed with average of 2,245,428 units with a value of $7,372,574 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, AMG Packaging ended with a loss of 5 cents at $2.45, with 43,350 stock units trading, Blue Power concluded trading with 100 units, at $5, CAC 2000 closed at $12.12, with 2,000 shares changing hands, Caribbean Producers finished trading 22,620 units at $4.70, Derrimon Trading ended 10 cents higher at $2.80, exchanging 394,231 shares. Dolphin Cove traded 200 shares at $15,  Everything Fresh finished 10 cents higher at $1.70, with 57,666 stock units changing hands, Elite Diagnostic settled 40 cents higher at $3.40, trading 20,000 shares, Express Catering ended trading with 92,005 shares and rose 44 cents to $7.50. FosRich Group traded 1,200 shares after closing 2 cents higher at $4, Fontana finished trading with a loss of 9 cents at $3.86, with 211,257 shares passing through the market, General Accident closed at $4, trading 33,084 stock units, GWest Corporation ended 1 cent higher at $1.70, with an exchange of 63,959 units. Indies Pharma finished 19 cents higher at $2.99, exchanging 145,371 shares, Iron Rock settled with a loss of $1.50 down to $3.50, with 10,000 shares traded, Jetcon Corporation finished trading 134,604 shares with a loss of 54 cents at $2.61, Knutsford Express  exchanged 30,553 stock units after rising $2.10 to close at $13. Lasco Distributors  finished 5 cents higher at $3.75, trading 86,259 units, Lasco Financial  settled with a loss of 1 cent at $4.79, with 31,401 shares changing hands, Lasco Manufacturing  ended trading with 500,787 shares after closing 7 cents higher at $3.27. Main Event  traded 13,357 shares with a loss of 10 cents to end at $5.70. Medical Disposables  lost 35 cents to close at $5.40, with 147,678 stock units passing through the market, Paramount Trading  closed with a loss of 32 cents at $2.08, after 90,800 units traded. SSL Venture Capital ended with a loss of 20 cents at $1.70, with 23,937 shares, Stationery and Office concluded trading of 40,000 shares  at $8.50 and tTech settled with a loss of 86 cents at $5.89, in exchanging 10,682 stock units.

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

Junior Market climbs – Wednesday

Junior market trading ended with the Index gaining 27.35 points to close at 3,101.31 on Wednesday with the prices of 13 securities advancing, 9 declining and 5 remaining unchanged.
Trading ended with 27 securities changing hands, compared to 26 previously, resulting in an exchange of 2,637,177 units valued at $9,847,525, compared to 3,139,829 units valued at $14,134,481 on Tuesday.
Trading ended with an average of 97,673 units for an average of $364,723 in contrast to 120,763 units for an average of $543,634 on Tuesday. The average volume and value for the month to date amounts to units 270,714 valued at $702,301 and previously 276,019 valued at $729,188. In contrast, January closed with average of 2,245,428 units with a value of $7,372,574 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, AMG Packaging ended at $2.50, with an exchange of 2,420 stock units, Blue Power traded 6,315 units and rose 15 cents to close at $5, CAC 2000 finished with a loss of 48 cents at $12.12, with 500 shares changing hands. Cargo Handlers settled with a loss of 50 cents at $14, in exchanging 500 shares, Caribbean Flavours traded 500 stock units with a gain of $1.42 to close at $18, Caribbean Producers finished trading 19,809 units at $4.70, Derrimon Trading ended at $2.70, with an exchange of 155,256 shares. Dolphin Cove concluded trading of 700 shares at $15, with a loss of 50 cents. Everything Fresh finished with a loss of 19 cents at $1.60, trading 57,525 stock units, Elite Diagnostic settled at $3, with an exchange of 4,100 units, Express Catering ended trading of 62,902 shares, at $7.06. FosRich Group traded 204,252 shares, with a loss of 7 cents to close at $3.98, Fontana finished trading with a loss of 4 cents at $3.95, with 816,855 shares changing hands. General Accident closed 1 cent higher at $4, while exchanging 82,475 stock units, GWest Corporation ended 14 cents higher at $1.69, with 15,182 units trading, Honey Bun concluded trading of 201,036 shares and rose 14 cents higher to $3.99,  Indies Pharma finished 10 cents higher at $2.80, in exchanging 61,592 shares. ISP Finance  ended trading with 5,000 stock units and climbed $2 to $13,  Jamaican Teas  traded 81,678 units for 28 cents more at $4, Jetcon Corporation finished trading 446,571 shares, adding 15 cents to end at $3.15,  Knutsford Express  lost $1.60 cents to close at $10.90, with 4,100 stock units changing hands. Lasco Distributors  finished with a loss of 29 cents at $3.70, with 210,378 units trading, Lasco Financial  settled 24 cents higher at $4.80, with 82,082 shares crossing through the exchange, Lasco Manufacturing  ended trading with 101,576 shares, and rose 4 cents to end at $3.20,  Medical Disposables finished trading 1,381 stock units and gained 25 cents to end at $5.75. SSL Venture Capital ended with a loss of 5 cents at $1.90, trading 9,803 shares and Stationery and Office concluded trading 30 cents higher at $8.50, with 2,689 shares changing hands.

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

Big pull back for Junior Market – Tuesday

The Junior Market of the Jamaica Stock Exchange dropped 35.86 points to close at 3,073.96 on Tuesday, the market climbed back from a much deeper decline in the earlier part of trading when it was down more than 70 points.
Trading ended with 26 securities changing hands compared to 28 securities on Monday and resulted in the prices of just 6 securities rising and 14 declining and 6 holding firm, on a day when 3 securities traded at 52 weeks’ lows. The day ended with an exchange of 3,139,829 units valued at $14,134,481 compared to 2,108,297 units valued at $6,747,118 on Monday.
Trading ended with an average of 120,763 units for an average of $543,634 in contrast to 75,296 units for an average of $240,969 on Monday. The average volume and value for the month to date amounts to units 276,019 valued at $729,188 and previously 288,915 valued at $744,601. In contrast, January closed with average of 2,245,428 units with a value of $7,372,574 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 5 with lower offers.
At the close of the market, Access Financial closed trading of 4,700 shares and rose 90 cents to end at $49, AMG Packaging ended at $2.50, with 282,792 stock units changing hands, Blue Power concluded trading of 23,300 units, with a loss of 15 cents at $4.85. Cargo Handlers settled 50 cents higher at $14.50, with an exchange of 3,200 shares, Caribbean Cream ended trading of 263,111 shares at $5.32, after hitting a low for the day of $5.10, Caribbean Flavours dropped $2.92 to end at $16.58, with 23,000 stock units trading. Caribbean Producers concluded trading of 65,600 units at $4.70, Derrimon Trading ended at $2.70, with 205,000 shares changing hands, Dolphin Cove concluded trading of 1,282 shares and climbed $3.50 to close at $15.50, after hitting a 52 weeks low of $10.20, earlier in the day. Everything Fresh finished with a loss of 6 cents at $1.79, with an exchange of 101,900 stock units, Elite Diagnostic settled with a loss of 10 cents at $3, while trading 33,955 units, Express Catering ended trading with 526,905 shares, after falling 44 cents to end at $7.06.  FosRich Group traded 37,512 shares with a loss of 12 cents at $4.05, Fontana traded 844,663 shares to end at $3.99,  General Accident  closed with a loss of 2 cents at $3.99, with an exchange of 257,155 stock units, Honey Bun concluded trading of 31,400 shares, with a loss of 15 cents at $3.85. Indies Pharma finished with a loss of 27 cents at $2.70, in exchanging 175,005 shares, Jamaican Teas traded 5,208 units, with a loss of 28 cents to close at $3.72,  Jetcon Corporation  ended trading of 4,457 shares, with a loss of 7 cents at $3.  Knutsford Express  closed trading of 33,454 stock units with a loss of 20 cents, to end at $12.50, Lasco Distributors  finished 29 cents higher at $3.99, with 5,978 units trading, Lasco Financial  settled 6 cents higher at $4.56, with 5,033 shares changing hands. Lasco Manufacturing  ended trading of 185,000 shares, at $3.16, Main Event traded a mere 111 shares, with a loss of 1 cent to close at $5.80, SSL Venture Capital ended 25 cents higher at $1.95, with an exchange of 5,108 shares and Stationery and Office concluded trading of 15,000 shares with a loss of 30 cents to end at $8.20.

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