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Junior Market recovers ground on Thursday

June 17, 2021 by IC Insider.com

Stocks delivered another day of advance after regaining just under half the points lost yesterday on the for the Junior Market as trading came to an end on Thursday with prices of 13 stocks rising, 14 declining and 10 ending unchanged after 37 securities traded compared to 36 on Wednesday, after an exchange of 18 percent fewer stocks for 31 percent less the value than on Wednesday.
The Market Index added 15.14 points to close at 3,354.91 after moving up to 3,375.79 within six minutes of the opening.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.7 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 5,390,213 shares for $13,454,101 compared to 6,540,530 units at $19,468,768 on Wednesday.
Future Energy Source led trading with 36.9 percent of total volume, and 1.99 million shares, Tropical Battery followed with 11.6 percent or 627,308 units and Mailpac Group 9.6 percent, with an exchange of 518,163 units.
Trading averaged 145,681 units at $363,624 in contrast to 181,681 at $540,799 on Wednesday. The month to date averages 177,819 units at $557,252, compared to 180,468 units at $573,208 on Wednesday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial popped $1.30 to $22.30 trading 1,002 shares, AMG Packaging fell 16 cents to $1.55 with 50 stocks passing through the market, Blue Power climbed 13 cents to close at $3.74 with a transfer of 1,800 units. Caribbean Producers rose 6 cents to a 52 weeks’ high of $4.50 with 114,426 stock units traded, Elite Diagnostic dropped 25 cents to $2.95 with 98,497 shares changing hands, Express Catering climbed 85 cents to $6.35 with an exchange of 164,415 stocks. Fosrich lost 14 cents to close at $8.35 with investors switching ownership of 9,790 units, Indies Pharma dropped 33 cents to $3.19 with a transfer of 210,587 stock units, KLE Group gained 21 cents to end at $1.2 with 4,000 shares traded. Knutsford Express climbed 15 cents to $8.90 with 7,058 units changing hands, Lasco Financial fell 27 cents to $3.22 with an exchange of 504,345 stocks, Limners and Bards advanced 15 cents to $3.15 with investors switching ownership of 49,198 stock units. Lumber Depot fell 11 cents to $3.19 with a transfer of 114,143 shares, Mailpac Group slipped 8 cents to $3.69 with 518,163 units traded, Main Event lost 20 cents to settle at $5 with 7,723 stocks changing hands.Medical Disposables dropped 40 cents to $4.50 with investors switching ownership of 18,945 stock units and Stationery and Office Supplies spiked 65 cents to $8.88 with 10,016 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

Pull back for Junior Market

June 16, 2021 by IC Insider.com

The Junior Market broke its winning run on Wednesday, wiping out almost 73 percent of the gains made at the start of the week after falling stocks outgunned rising ones two to one leading the Market Index to snap 31.78 points to end at 3,339.77on a day when the level of trading was competitive with the previous day’s, at the close of trading on Wednesday.
Trading occurred in 36 securities down from 39 on Tuesday, with prices of nine stocks rising, 19 declining and eight unchanged.
At the close, the PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.8 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 6,540,530 shares for $19,468,768 versus 6,376,210 units at $21,669,433 on Tuesday.
Future Energy Source led trading with 19.7 percent of total volume after exchanging 1.29 million shares, followed by Derrimon Trading, 15.6 percent with an exchange of 1.02 million units and Fontana with 12.7 percent accounting for 827,444 units.
Trading averaged 181,681 units at $540,799 in contrast to 163,493 at $555,626 on Tuesday. Month to date, trading averages 180,468 units at $573,202, compared to 180,362 units at $576,026 on Tuesday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and three with lower offers.
At the close, Access Financial advanced 44 cents to $21 with a transfer of 613 shares, Blue Power lost 14 cents to end at $3.61 with an exchange of 107,070 units, Caribbean Flavours popped 6 cents to $2.16 with 9,062 stock units changing hands. Caribbean Producers rallied 20 cents to close at a 52 weeks’ high of $4.44 with 163,531 stocks traded, Consolidated Bakeries slipped 7 cents to $1.70 with investors swapping 40,000 shares, Elite Diagnostic rose 20 cents to $3.20 with a transfer of 296 units. Express Catering dipped 10 cents to $5.50 with an exchange of 70,036 stock units, Fontana rose 9 cents to $6.24 after 827,444 stocks changed hands, Indies Pharma dropped 28 cents to $3.52 with 222,978 shares traded. Jetcon Corporation declined by 14 cents to $1.65 with 32,250 units passing through the market, KLE Group fell 22 cents to $1.02 with a transfer of 225,000 stock units, Knutsford Express jumped 75 cents to $8.75 with an exchange of 2,191 shares. Limners and Bards fell 15 cents to $3 with 239,291 units changing hands, Mailpac Group spiked 18 cents to $3.77 with 593,202 stocks traded, Main Event slipped 5 cents to $5.20 with investors switching ownership of 7,685 shares. SSL Venture rose 7 cents to 64 cents with a transfer of 11,998 units, Tropical Battery slipped 10 cents to $1.40 with 431,620 stocks changing hands and tTech shed 65 cents to close at $4.80 with 30,426 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

Rally continues for Junior Market on Tuesday

June 15, 2021 by IC Insider.com

Trading closed on the Junior Market on Tuesday with the index gaining more ground as it crossed the 3,400 mark for the first time since mid-December 2019, as investors exchanged 39 percent more shares, with a 70 percent increase in value than on Monday as the market continues to be breaking away from the resistance zone that held it back for weeks, with the sight now set on the 4,000 points mark.
Investors ended up trading 39 companies compared to 35 on Monday resulting in prices of 13 rising, 17 declining and nine closing unchanged and sent the prices of four stocks to 52 weeks high, with two of them closing at 52 weeks highs.
The Junior Market Index held on to a gain of 11.18 points to close at 3,371.55, the highest close since January 3 last year.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.7 based on ICInsider.com’s 2021-22 earnings forecast.
Investors traded 6,376,210 shares for $21,669,433 versus 4,578,291 units at $12,801,730 on Monday.
Indies Pharma was the volume leader with 23.9 percent for 1.52 million shares, Future Energy Source followed. with 12.4 percent, with 791,819 units and Jetcon Corporation accounted for 8.3 percent, with an exchange of 526,581 shares.
Trading averaged 163,493 units at $555,626 up from 130,808 shares at $365,764 on Monday. Month to date trading averages 180,362 units at $576,033, versus 182,121 units at $578,161 on Monday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and two with lower offers.
At the close, Access Financial fell $1.83 to $20.56 trading 26,774 shares, AMG Packaging advanced 19 cents to $1.71 with a transfer of 5,149 stocks, CAC 2000 lost $1.25 to finish at $9.15 with 825 units changing hands. Cargo Handlers fell 25 cents to $8 in exchanging 40,421 stock units, Caribbean Assurance Brokers rallied 7 cents to $2.02 with 1,504 shares passing through the market, Caribbean Cream dipped 20 cents to $6 with 32,051 stocks traded. Caribbean Flavours rose 5 cents to $2.10 with a transfer of 154,302 units, Caribbean Producers advanced 14 cents to a 52 weeks’ closing high of $4.24 with 72,390 stock units changing hands, Express Catering shed 50 cents to settle at $5.60 with an exchange of 47,500 shares after hitting an intraday 52 weeks high of $6.95, General Accident lost 10 cents to end at $5.70 with investors swapping 119,990 stocks, Honey Bun got spiced up 16 cents to $6.70 with 133,367 units traded, iCreate slipped 7 cents to 80 cents with a transfer of 11,326 stock units. Indies Pharma dropped 35 cents to $3.80 with 1,521,157 shares changing hands, after reporting a sharp fall in their second quarter profit. Jamaican Teas picked up 8 cents to end at $4 with an exchange of 479,657 units, Jetcon Corporation fell 11 cents to $1.79 with 526,581 stocks passing through the market. Knutsford Express declined by 45 cents to $8 with 773 stock units traded, Lasco Distributors climbed 19 cents to $4 with a transfer of 140,313 shares, Lasco Financial lost 10 cents to end at $3.50 with an exchange of 76,876 stocks. Limners and Bards increased by 10 cents to finish at $3.15, with 198,295 units changing hands, Lumber Depot fell 12 cents to $3.33 with investors switching ownership of 87,864 shares, Main Event advanced 25 cents to $5.25 with 37,950 units traded after hitting an intraday 52 weeks’ high of $5.45. Medical Disposables slipped 10 cents to $4.90 with a transfer of 88,203 stock units, Stationery and Office Supplies climbed 23 cents to $8.23 with 6,802 units changing hands and Tropical Battery rose 5 cents to close at 52 weeks’ high of $1.50, with 283,760 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, Honey Bun, iCreate, Indies Pharma, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

Strong comeback for Junior Market on Monday

June 14, 2021 by IC Insider.com

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After pulling back on to close off the week on Friday, prices moved mostly higher on Monday, leading the Junior Market Index to spike 32.53 points to close at 3,360.37 after the market opened with the index at just over 3,376 points and closed at the highest level since January 2 last year, with the market breaking through the line of resistance.
A total of 35 securities traded, up from 33 on Friday, with prices of 15 rising, 10 declining and 10 ending unchanged, with four stocks closing at 52 weeks’ highs.
At the close, the PE Ratio, a measure that determines an appropriate relative value of each stock, averages 13 based on ICInsider.com’s computation of 2021-22 earnings forecast.
Trading of 4,578,291 shares resulted in a sum of $12,801,730 changing hands versus 4,452,883 units at $13,124,211 on Friday.
Future Energy Source led trading with 20.2 percent of total volume in trading 923,670 shares, followed by Tropical Battery 18 percent, with 825,416 units and Jamaican Teas with 13.2 percent after an exchange of 602,315 stock units.
Trading on Monday, averaged 130,808 units at $365,764 down from 134,936 at $397,703 on Friday. For the Month to date, trading averages 182,121 units at $578,161, down from 187,419 units at $600,090 on Friday. May closed with an average of 318,089 units at $760,337.

Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, AMG Packaging fell 15 cents to $1.52 with 49,755 shares changing hands, Caribbean Producers popped 10 cents to end at a 52 weeks’ high of $4.10 with 243,412 stocks trading, Consolidated Bakeries dipped 12 cents to $1.78 with 6,650 stock units changing hands. Derrimon Trading rose 8 cents to $2.57 with an exchange of 283,485 units, Everything Fresh lost 8 cents to close at $1 with a transfer of 87,000 shares, Express Catering spiked 70 cents to close at a 52 weeks’ high of $6.10 with 59,628 stocks passing through the market. Fontana increased by 9 cents to $6.18 with investors switching ownership of 424,647 stock units, General Accident rallied 5 cents to $5.80 with 3,091 units traded, iCreate added 9 cents to finish at 87 cents with 1,829 shares changing hands. Indies Pharma advanced 25 cents to $4.15 with an exchange of 42,309 stocks, Jamaican Teas fell 13 cents to $3.92 with a transfer of 602,315 stock units, Jetcon Corporation gained 15 cents to close at a 52 weeks’ high of $1.90 with155,600 units passing through the market. Lasco Distributors dropped 19 cents to $3.81 with investors swapping 26,359 shares, Limners and Bards lost 10 cents to finish at $3.05 with 162,984 stocks traded, Main Event fell 26 cents to $5 with 64,116 stock units changing hands. Medical Disposables surged 64 cents to $5 with a transfer of 40 units, Tropical Battery advanced 20 cents to end at a 52 weeks’ high of $1.45 with 825,416 stock units traded and tTech climbed 39 cents to $5.45 with 115 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Caribbean Assurance Brokers, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

Slip back for Junior Market

June 11, 2021 by IC Insider.com

The volume and value of stocks trading on Friday declined 48 percent lower from Thursday’s outturn at the close of the Jamaica Stock Exchange Junior Market, leaving the market Index to dip 16.67 points to 3,327.84 and down for the week as well from 3,339 points at the close of last week.
A mere 33 securities traded on Friday, down from 37 on Thursday and ended with 12 rising, 16 declining and five closing unchanged.
The PE Ratio, a measure that determines appropriate relative values of stocks, averages 12.6 based on ICInsider.com’s 2021-22 earnings forecast.
At the close of the market 4,452,883 shares traded for $13,121,224 down from 8,643,634 units changing hands at $25,023,570 on Thursday. Future Energy Source led trading with 31.2 percent of total volume after exchanging 1.39 million shares. MailPac Group followed with 12 percent for 533,445 units and General Accident 6.7 percent, with 300,000 units.
Trading averaged 134,936 units at $397,703 in contrast to 233,612 at $676,313 on Thursday. Month to date trading averages 187,419 units at $600,090, compared to 193,078 units at $621,916 on Thursday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows no stock ending with the bid higher than the last selling price and four with lower offers.
At the close, Access Financial climbed 8 cents to $22.38 with an exchange of just one share, Cargo Handlers fell 11 cents to $8.25 with the swapping of 5,000 units. Caribbean Assurance Brokers lost 5 cents to close at $2, with 19,452 stocks clearing the market, Caribbean Cream rallied 37 cents to $6.20, with 30 units changing hands, Caribbean Producers lost 5 cents in closing at $4 with a transfer of 145,073 shares, Consolidated Bakeries rose 12 cents to end at a 52 weeks’ high of $1.90 in an exchange of 7,800 stock units, Derrimon Trading fell 10 cents to $2.49 with the swapping of 51,500 shares. Express Catering spiked 60 cents to $5.40, with 141,004 stocks clearing the market. General Accident dipped 5 cents to $5.75 in switching owners of 300,000 stock units, Honey Bun shed 18 cents to close at $6.52 with an exchange of 174,208 shares, Indies Pharma lost 10 cents to end at $3.90 in transferring 36,798 stocks. Jamaican Teas rose 5 cents to $4.05, with 135,367 shares changing hands, Jetcon Corporation increased 4 cents in closing at a 52 weeks’ high of $1.75, after trading 177,520 units, Lasco Financial slipped 7 cents to $3.63 after exchanging 36,904 shares. Limners and Bards rose 15 cents to $3.15 in switching ownership of 124,109 stock units, Medical Disposables fell 49 cents to $4.36 after trading 17,658 units and Stationery and Office Supplies shed $1 to end at $8 in switching ownership of 27,109 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Steady climb for Junior Market on Thursday

June 10, 2021 by IC Insider.com

Trading closed on the Junior Market on Thursday with the index hanging on to 24.01 points rise to close at 3,344.51 after moving to 3,353.89 midway the trading session, with the volume of stocks changing hands plunging 120 percent from Wednesday trades at 76 percent less the value.
Market activity led to 37 securities trading compared to 38 on Wednesday, with 16 rising, 12 declining and nine closing firm and Jetcon Corporation closed at a 52 weeks’ high.
The PE Ratio, a measure that computes an appropriate relative value for stocks, averages 12.6 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 8,643,634 shares traded for $25,023,570 up from 3,922,990 units at $14,194,764 on Wednesday.
Limners and Bards led trading with 19.8 percent after an exchange of 1.71 million shares, followed by Lumber Depot 18.4 percent, with 1.59 million units and Jamaican Teas 10.8 percent with an exchange of 934,948 shares.
Trading averaged 233,612 units at $676,313 up from 103,237 at $373,546 on Wednesday. Month to date Trading averages 193,078 units at $621,916, compared to 187,503 units at $614,434 on Wednesday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Blue Power climbed 14 cents to $3.75 with 40,000 shares changing hands, Cargo Handlers popped 79 cents to $8.36 with 590 stocks traded, Caribbean Assurance Brokers slipped 6 cents to $2.05 in switching ownership of 377,216 stock units. Caribbean Cream dropped 17 cents to $5.83 with an exchange of 50,306 units, Caribbean Flavours fell 8 cents to $2.08 with a transfer of 53,225 shares, Caribbean Producers rose 10 cents to $4.05 with 116,105 stocks traded. Consolidated Bakeries lost 11 cents to close at $1.78 with 85,877 stock units changing hands, Derrimon Trading rallied 7 cents to $2.59 with 252,137 units trading, Express Catering rose 5 cents to $4.80 with an exchange of 68,988 shares. Fontana increased by 8 cents to $6.09 with a transfer of 135,743 stocks, General Accident added 5 cents to finish at $5.80 with 32,128 units traded, Honey Bun dropped 29 cents to $6.70 with 50,049 stock units changing hands. iCreate fell 11 cents to 77 cents with investors swapping 393,695 shares, Indies Pharma lost 5 cents to close at $4 with an exchange of 16,946 stock units, Jetcon Corporation advanced 17 cents to a 52 weeks’ high of $1.71 with a transfer of 394,058 stocks. Knutsford Express spiked 95 cents to $8.45 with 10,900 shares traded, Lasco Manufacturing rose 5 cents to $5.45 with 12,547 stock units changing hands, Limners and Bards dipped 17 cents to $3 with 1,710,655 units changing hands. Lumber Depot lost 10 cents to close at $3.50 with an exchange of 1,589,336 shares, Mailpac Group slipped 10 cents to $3.60 with a transfer of 765,207 stocks, Main Event picked up 10 cents to finish at $5.25 with 50,518 stock units traded and Stationery and Office Supplies jumped $1 to $9 with 18,360 units crossing the exchange.
In the preference segment, CAC 2000 9.5% rose 8 cents to $1.20 with 88 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity

Gains for Junior Market on Wednesday

June 9, 2021 by IC Insider.com

The volume of stocks trading on Wednesday, dropped 79 percent and the value plunged 77 percent from Tuesday’s activity with the market index gaining 22.95 points to finish at 3,320.50 at the close of the Junior Market of the Jamaica Stock Exchange.
Market activity was down to 38 securities trading from 43 on Tuesday, with 11 rising, 18 declining and nine closing unchanged.
The PE Ratio, a measure that determines an appropriate relative value of stocks averages 12 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 3,922,990 shares changing hands for $14,194,764 down from 8,917,282 units at $63,058,701 on Tuesday.
Jamaican Teas led trading with 32.4 percent of the volume in exchanging 1.27 million shares, followed by Mailpac Group with 10 percent with 390,852 units and Lumber Depot 9.8 percent with an exchange of 383,073 units.
Tday’s trading averages 103,237 shares at $373,546 down from 439,937 units at $1,466,481 on Tuesday. Month to date trading averages 187,503 units at $614,434, compared to 201,365 units at $654,061 on Tuesday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and three with lower offers.
At the close, Access Financial rallied 30 cents to $22.30 with 70 shares changing hands, Blue Power lost 10 cents to finish at $3.61 with switching ownership of 100 stocks, Cargo Handlers dropped $1.12 to $7.57 with an exchange of 5,361 stock units. Caribbean Producers popped 10 cents to $3.95 with 296,352 units changing hands, Consolidated Bakeries jumped 11 cents to $1.89, with 10,200 stock units traded, Dolphin Cove climbed $1 to $8 with a transfer of 96,154 stocks. Fontana slipped 9 cents to $6.01 with 248,337 units changing hands, Jetcon Corporation spiked 26 cents to a 52 weeks’ high of $1.54 in switching ownership of 218,316 stock units, Knutsford Express shed 95 cents to end at $7.50 with an exchange of 7,500 shares. Lasco Distributors rose 19 cents to $4 with 20,049 stock units passing through the market, Lasco Financial lost 7 cents to close at $3.68 with 82,000 stocks traded, Lasco Manufacturing slipped 5 cents to $5.40 with a transfer of 34,124 shares. Limners and Bards popped 12 cents to $3.17 with 198,594 stock units changing hands, Lumber Depot fell 9 cents to $3.60 with a change in ownership of 383,073 units, Mailpac Group advanced 10 cents to $3.70 with 390,852 shares traded. Main Event declined 13 cents to $5.15 with a transfer of 9,744 stock units while Stationery and Office Supplies dropped $1 to $8 with 2,790 stock units crossing the exchange.
In the preference segment, CAC 2000 lost 8 cents to close at $1.12 with 100 stock units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity

Mailpac dominates fallen Junior Market

June 8, 2021 by IC Insider.com

MailPac Group dominated Junior Market trading on Tuesday with 78 percent of total volume after an exchange of 14.73 million of the company’s shares and leading the overall volume of stocks traded jumping 168 percent, with the value traded rising by 219 percent over Monday.
At the close of trading on Tuesday, all 43 listed securities traded, up from 36 on Monday, with 22 rising, 11 declining and 10 ending unchanged.
The Junior Market Index dropped 23.31 points to settle below 3,300 points for the first time in eight days at 3,297.55, with the move down opposite to the market breadth.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.5 based on ICInsider.com’s 2021-22 earnings forecast.
Trading accounted for 18,917,282 shares for $63,058,701 up from 7,035,403 units at $19,752,231 on Monday.
Lasco Financial was the second leading traded stock with 4.2 percent of total volume accounting for 786,080 units, followed by Jamaican Teas 3.7 percent exchanging 693,608 units.
Trading averaged 439,937 units at $1,466,481 in contrast to 195,428 at $548,673 on Monday. The month to date, averaged 201,365 units at $654,061, compared to 146,798 units at $468,241 on Monday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows one stock ended with the bid higher than its last selling price and four with lower offers.
At the close, Access Financial rallied $1.70 to $22 with an exchange of 858 shares, CAC 2000 sprang 95 cents to $10.40 with a transfer of 44 stock units, Caribbean Assurance Brokers gained 12 cents to end at $2.12, with 1,500 units changing hands. Caribbean Cream increased 15 cents to $6 with 6,645 stocks traded, Consolidated Bakeries dropped 20 cents to $1.78 in switching ownership of 6,900 shares, Dolphin Cove fell 11 cents to $7 with 18,815 stock units passing through the market. Everything Fresh rose 9 cents to $1.08, exchanging 197,290 units, Express Catering shed 25 cents to $4.75 with a transfer of 28,500 stocks. Fontana gained 8 cents to finish at $6.10 with 57,229 shares changing hands, Fosrich rallied 30 cents to $8.50 with 133,157 stock units traded, General Accident slipped 5 cents to $5.75 with 3,220 units changing hands, Honey Bun popped 39 cents to $7 with 40,229 stocks passing through the market, iCreate gained 12 cents to close at 89 cents with an exchange of 7,000 shares. Indies Pharma advanced 15 cents to $4.05 with the trading of 10,370 stock units, Jetcon Corporation popped 19 cents to $1.28 with 287,571 units traded, KLE Group rallied 22 cents to $1.24 with investors switching ownership of 5,500 shares. Knutsford Express jumped 38 cents to $8.45 with 607 stock units passing through the market, Lasco Distributors dipped 20 cents to $3.81 with an exchange of 95,033 units, Lasco Financial fell 15 cents to $3.75 with a transfer of 786,080 stocks. Lasco Manufacturing lost 13 cents to settle at $5.45 with 13,731 shares changing hands, Limners and Bards rose 5 cents to $3.05 with 48,078 units traded, Lumber Depot spiked 28 cents to a 52 weeks’ closing high of $3.69 with investors switching ownership of 620,319 stocks and Medical Disposables spiked 60 cents to $4.85 with 1,110 stock units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

A rocky start to the week for Junior Market

June 7, 2021 by IC Insider.com

Trading dipped on Monday as 38 percent more funds chased after 71 percent more stocks than on Friday on the Jamaica Stock Exchange Junior Market with the index falling 18.16 points to finish at 3,320.86.
A total 36 securities traded, versus 40 on Friday, with prices of 13 rising, 14 declining and nine closing unchanged.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.3 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading ended with 7,035,403 shares for $19,752,231 compared to 4,111,715 units at $14,329,748 on Friday.
Mailpac Group led trading with 30.4 percent of the volume, with 2.14 million shares, followed by Future Energy Source 25.4 percent with 1.79 million units and Elite Diagnostic with 9.1 percent market share with an exchange of 643,555 units.
Trading averaged 195,428 units at $548,673 in contrast to 102,793 at $358,244 on Friday. Trading month to date averages 146,798 units at $468,241, compared to 135,281 units at $449,191 on Friday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rallied 27 cents to $20.30 with an exchange of 1,898 shares, Blue Power fell 39 cents to $3.71 trading 134,440 units, Caribbean Assurance Brokers dropped 20 cents to $2 with 151,424 stocks traded. Caribbean Cream gained 10 cents to end at $5.85 with 37,423 stock units passing through the market, Consolidated Bakeries climbed 23 cents to $1.98 with a transfer of 9,090 shares, Dolphin Cove lost 14 cents to close at $7.11 with an exchange of 2,191 units. iCreate spiked 9 cents to 77 with 23,500 stocks changing hands, Indies Pharma swung 7 cents higher to $3.90 with 155,009 stock units traded, Jamaican Teas rallied 19 cents to $3.99 with investors switching ownership of 120,531s hares. KLE Group dropped 20 cents to $1.02 with a transfer of 2,709 stocks, Knutsford Express fell 38 cents to $8.07 with an exchange of 100 stock units, Lasco Distributors slipped 7 cents to $4.01 with 177,540 units traded. Lasco Financial rose 10 cents to $3.90 with 7,239 shares passing through the market, Limners and Bards declined by 13 cents to $3 with a transfer of 328,459 stock units, Mailpac Group dropped 11 cents to $3.64 with a volume leading 2,136,468 units traded and Stationery and Office Supplies jumped $1.47 to $8.99 with 116 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% rose 5 cents to $1.20 with one stock unit changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity

Early gains frizzle for Junior Market

June 4, 2021 by IC Insider.com

Stocks surged to 3,361.89 points at the market’s opening on Friday, but pressure thereafter kept the gains below the day’s high and the market finally gave back the early gains, with the Junior Market Index declining 10.18 points to settle at 3,339.02 after the volume of stocks trading declining 22 percent and the value falling 35 percent below Thursday at the close of Jamaica Stock Exchange Junior Market.

At the close, 40 securities traded, from 36 on Thursday and ended with 15 rising, 19 declining and six closing unchanged.
At the close, the PE Ratio, a measure that determines an appropriate relative value of each stock, averages 12.3 based on ICInsider.com 2021-22 earnings forecast.
A total of 4,111,715 shares traded for $14,329,748 down from 5,243,544 units at $21,893,161 on Thursday.
Future Energy Source led trading with 20.3 percent of total volume for an exchange of 835,106 shares, followed by Jamaican Teas 7.9 percent with 326,231 units and Lumber Depot 7.8 percent with 322,073 units.
Trading averaged 102,793 units at $358,244 compared to 145,654 at $608,143 on Thursday. Trading month to date averages 135,281 units at $449,191, against 146,884 units at $481,673 on Thursday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial declined $2.37 to $20.03, trading 5,942 shares, Caribbean Assurance Brokers popped 24 cents to $2.20 in trading 115,366 stock units, Caribbean Cream spiked 15 cents higher to $5.75 with a transfer of 27,752 shares. Caribbean Flavours gained 9 cents in closing at $2.15 in trading 100,285 stocks, Caribbean Producers slipped 8 cents to $3.85 after exchanging 225,183 shares. Dolphin Cove popped 45 cents to $7.25 with 16,653 units changing hands, Express Catering dipped 9 cents to finish at $5 after clearing the market with 40,456 units, Fontana lost 13 cents ending at $6 with the swapping of 91,683 shares, Fosrich rallied 50 cents to $8.20 in trading 22,545 stocks. General Accident slipped 20 cents to $5.80 after switching ownership of 85,880 shares, Honey Bun shed 40 cents in closing at $6.60 with 121,960 stock units crossing the exchange, Indies Pharma fell 16 cents to $3.83 in transferring 32,517 stocks, Iron Rock Insurance lost 12 cents to close at $3.13 in trading 20,000 shares. ISP Finance back off $5.04 to finish at $20 with the swapping of 53,500 stock units, Jamaican Teas shed 10 cents in closing at $3.80 after crossing the market with 326,231 units, Lasco Distributors rallied 12 cents to $4.08 in trading 7,214 shares, Lasco Financial lost 15 cents to settle at $3.80 in an exchange of 17,800 shares. Limners and Bards popped 23 cents to $3.13 with a transfer of 195,668 stock units, Lumber Depot climbed 13 cents to $3.39 in switching ownership of 322,073 shares, Main Event spiked 58 cents to $5.28 after trading 2,500 stock units, Medical Disposables fell 70 cents ending to $4.25 with 70,357 shares changing hands, Stationery and Office Supplies dived 79 cents to end at $7.52 in exchanging 88,968 stock units.
In the preference segment, CAC 2000 9.5% preference share spiked 15 cents to $1.15 with 300 stocks clearing the market.