Heavy trading hits Junior Market on Friday

Junior Market stock trading.

Trading on the Junior Market of the Jamaica Stock Exchange saw a major jump in the volume and value of securities traded on Friday as 35 securities changed hands and 47,537,916 units valued $199,478,180 traded.
Some special one-off trades executed by Sagicor Investments boosted the volume traded on Friday’s by more than 700 percent, up from 5,865,706 units valued at $32,690,340 clearing the market from 32 stocks trading on Thursday.
At the close, The Junior Market Index declined 22.76 points to close at 3,589.32 following the rise of 14 securities and declined of 14 with 7 left unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks closing with higher bids than their last selling prices and 3 ending with lower offers.
Trading ended with an average of 1,358,226 units for $5,699,377 for each security traded, in contrast to 183,303 units for an average of $1,021,573 on Thursday. The average volume and value for the month to date amounts to 308,109 units valued at $1,356,578 and previously 182,669 units valued at $837,814 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| Access Financial lost 50 cents in trading 480 shares to close at $42.50, AMG Packaging traded 1,000 shares, after rising 14 cents to end at $2.22, Blue Power climbed 50 cents and exchanged 52,410 shares at $9.50. CAC 2000 ended trading with 100 shares, after rising 15 cents to close at $15.15, Caribbean Flavours exchanged 4,867 shares, after rising 10 cents to end at $20. Consolidated Bakeries closed with a loss of 48 cents swapping 5,000 shares to settle at $1.90, Derrimon Trading closed 6 cents higher at $2.96, with 9,602,973 stock units changing hands, Express Catering climbed 3 cents in exchanging 27,600 shares to close at $6.40. Everything Fresh dipped 19 cents in trading of 20,216 units at $1.44, Elite Diagnostic shed 27 cents in trading of 93,833 units and ended at $6.75. Fosrich lost 10 cents trading of 175,196 units to close at $4.70, Fontana climbed 15 cents and exchanged 165,350 shares at $8.40, General Accident closed 89 cents higher at $5.90, with 1,027,500 stock units trading, Honey Bun fell 29 cents and ended market activity exchanging 1,560,020 shares to close at $6.21. iCreate climbed 5 cents and exchanged 50,000 shares at 80 cents, Indies Pharma dipped 10 cents in trading of 5,827,287 units at $3.40. Iron Rock Insurance ended trading with 5,000,300 shares, after rising 40 cents to end at $4.50, ISP Finance closed with a loss of $2 at $19, in exchanging 5,202 shares, Jamaican Teas closed trading of 366,635 units and gained 40 cents to end at $6. Jetcon Corporation lost 22 cents in trading 315,384 shares to close at a 52 weeks’ low of $1.58, Knutsford Express climbed 5 cents and exchanged 1,000 shares at $11.15, Limners and Bards shed 5 cents in trading of 312,043 units at $3.15, Lasco Distributors ended trading with 7,326,848 shares, after rising 17 cents to end at $3.47. Lasco Financial closed with a loss of 76 cents at $4.74, as 602,100 shares changed hands, Medical Disposables ended market activity exchanging 42,151 shares to close at $7.30 after falling 16 cents. Main Event exchanged 28,570 units and gained 90 cents to end at $7, Stationery and Office Supplies fell 50 cents, trading 69,105 units to close at $15 and tTech dropped $1.44 in trading of 22,730 units to finish at $6.55.

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

Big drop in Junior Market index – Thursday

At the close on Thursday, the Jamaica Stock Exchange Junior Market pulled back from the record high reached on Wednesday and indications at the close suggest more declines are likely on Friday.
The market index dropped 50.86 points to close at 3,612.08, but the fall is not a sign that the market is heading to 4,300 points before moving on to 5,000 that technical indicators point to.
Securities trading on the Junior Market dipped to 32 from 31 on Wednesday, as prices of 13 rose, 16 declined and 3 remained unchanged. For the second trading session, the IC bid-offer indicator was flashing negative signs for the Market for the following trading day.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks closing with higher bids than their last selling prices and 7 closed with lower offers.
Market activities resulted in an exchange of 5,865,706 units valued at $32,690,340 compared to 5,851,203 units valued at $22,568,503 trading on Wednesday.
The average trade for the day was 183,303 units for an average of $1,021,573 in contrast to 188,748 units for an average of $728,016 on Wednesday. The average volume and value for the month to date amounts to 182,669 units valued at $837,814 and previously 182,591 units valued at $815,284 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| Access Financial lost 20 cents in trading of 5,621 units at $43, AMG Packaging declined by 17 cents in trading 71,500 units to close at $2.08, Blue Power closed trading of 69,292 units and gained 82 cents to end at $9, Caribbean Cream fell 60 cents in trading of 13,435 units at $4.60. Caribbean Producers closed trading of 10,448 units and gained 15 cents to end at $4.70, Express Catering closed with a loss of 12 cents at $6.37, in swapping 55,653 shares, Everything Fresh shed 7 cents in trading 14,800 units at $1.63, Elite Diagnostic fell 33 cents in trading of 113,448 units at $7.02. Fontana lost 25 cents in trading of 1,169,703 units in closing at $8.25, General Accident lost 58 cents in exchanging 1,036,720 units to end at $5.01, GWest Corporation closed 10 cents higher at $1.21, with 12,119 stock units trading, Honey Bun exchanged 119,616 shares, after rising 74 cents to end at $6.50. iCreate closed with a loss of 5 cents at 75 cents in swapping 82,674 shares, Indies Pharma shed 45 cents in trading of 78,680 units to settle at $3.50. ISP Finance jumped $5 to end at $21, trading 1,500 shares, Jamaican Teas exchanged 66,384 shares to close at $5.60 after falling 22 cents. Jetcon Corporation dipped 20 cents in trading of 75,436 units at $1.80, Knutsford Express fell 10 cents in trading of 500 units at $11.10. Limners and Bards traded 803,097 shares, after rising 10 cents to end at $3.20, Lasco Financial fell 50 cents in trading of 1,244,222 units at $5.50 after the company posted slightly lower first quarter profits, Lasco Manufacturing ended with a loss of 1 cent at $5.50 with 179,107 stock units changing hands. Stationery and Office Supplies fell 25 cents in trading of 17,150 units at $15.50 and tTech Limited climbed 49 cents in exchanging 166,068 shares at $7.99.

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

New record for Junior Market – Wednesday

JM closed at a new record, on its way to 4,300 points & possibly 5,000.

The Junior Market of the Jamaica Stock Exchange continued higher in trading on Wednesday with the index jumping 48.55 points to a record close of 3,662.94 as it moves to 4,300 points before heading to 5,000. 
Securities trading on the Junior Market dipped to 31 from 33 on Tuesday, as prices of 17 rose, 18 declined and 6 remained unchanged. At the close IC bid-offer indicator was flashing negative signs for trading on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks closing with higher bids than their last selling prices and 8 stocks closing with lower offers.
Elite Diagnostic and Lasco Manufacturing ended trading at 52 weeks’ high while Lasco Financial traded at an intraday high of $7 but retreated to $6 at the close before the company posted slightly lower profit for the June quarter as interest cost and taxation reduced the slight improvement in operating profit flowing from 18 percent increased revenues. Market activities resulted in an exchange of 5,851,203 units valued at $22,568,503 compared to 6,250,912 units valued at $27,428,507 trading on Tuesday.
The average trade for the day was 188,748 units for an average of $728,016 in contrast to 189,422 units for an average of $831,167 on Tuesday. The average volume and value for the month to date amounts to 182,591 units valued at $815,284 and previously 181,761 units valued at $827,046 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| AMG Packaging declined by 7 cents in trading 37,500 shares to settle at $2.25, Blue Power ended trading with 70,897 shares, after rising 18 cents to end at $8.18, Caribbean Cream closed trading of 20,321 units and gained 60 cents to end at $5.20. Cargo Handlers lost 10 cents in trading 5,000 shares to close at 11.40 cents, Caribbean Producers dipped 20 cents in trading of 60,530 units at $4.55, Dolphin Cove climbed 5 cents in exchanging 359 shares at $12.05, Express Catering exchanged 49,900 shares, after rising 14 cents to end at $6.49. Everything Fresh fell 10 cents in trading 13,778 units to end at $1.70, Elite Diagnostic closed 35 cents higher at $7.35, with 70,811 stock units trading, Fosrich traded 48,910 units and gained 10 cents to end at $4.80, General Accident ended trading with 5,000 shares, after rising 19 cents to close at $5.59. GWest Corporation lost 19 cents trading 113,035 units at $1.11, Honey Bun close with a loss of $1.24 at $5.76, after swapping 214,611 shares, iCreate fell 9 cents trading of 126,485 units to end at 80 cents. Indies Pharma closed 20 cents higher at $3.95, with 67,901 stock units trading, Jamaican Teas closed trading of 66,120 units and gained 2 cents to end at $5.82, Jetcon Corporation exchanged 1,494 units and gained 15 cents to end at $2. Limners and Bards climbed 10 cents in exchanging 3,761,358 shares at $3.10. Lasco Distributors climbed 10 cents in trading 7,008 shares at $3.30, Lasco Financial lost 40 cents and ended market activity with 130,949 shares changing hands to close at $6, Lasco Manufacturing jumped $1.06, in trading 423,416 shares to close at $6.50, Medical Disposables closed trading of 14,304 units and gained 52 cents to end at $7.46. Main Event climbed 8 cents and exchanged 8,152 shares at $6.10, Paramount Trading had an exchange of 26,300 shares, after rising 5 cents to end at $2 and tTech closed trading of 71,942 units and gained 5 cents to close at $7.50.

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

New Junior Market record close – Tuesday

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Elite Diagnostic one of four stocks to trade at 52 weeks’ high on Tuesday after posting strong 4th quarter results.

The Junior Market of the Jamaica Stock Exchange ended at a new record close on Tuesday, with the market index rising 25.36 points to 3,614.39  with advancing stocks being edged out decliners.
Securities trading on the Junior Market remained at 33 as was the case on Monday, as prices of 13 rose, 14 declined and 6 remained unchanged.
Elite Diagnostic, Paramount Trading preference share, Stationery and Office Supplies and tTech all ended trading at 52 weeks’ high.  
Market activities resulted in an exchange of 6,250,912 units valued at $27,428,507 up 19 percent from 5,270,328 units valued at $23,915,373 trading on Monday.
The average trade for the day was 189,422 units for an average of $831,167 in contrast to 159,707 units for an average of $724,708 on Monday. The average volume and value for the month to date amounts to 181,761 units valued at $827,046 and previously 180,478 units valued at $826,356 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks closing with higher bids than their last selling prices and 2 closing with lower offers.
Stocks ending with price changes| AMG Packaging traded 27,000 shares, after rising 7 cents to end at $2.32, Caribbean Cream declined 45 cents in trading of 54,100 units at $4.60, Caribbean Flavours jumped $4.40 to $19.90 in trading 1,000 shares, Consolidated Bakeries fell 2 cents trading 152,643 units at $2.38. Dolphin Cove closed with a loss of 5 cents at $12, in swapping of 52,055 shares, Derrimon Trading exchanged 114,978 units and gained 18 cents to end at $2.90, Express Catering declined 5 cents in trading 27,902 units to close at $6.35, Everything Fresh closed trading of 35,622 units and gained 10 cents to end at $1.80. Elite Diagnostic climbed 50 cents and exchanged 125,430 shares to end at a 52 weeks’ high of $7, Fosrich Group shed 10 cents in trading 25,542 units at $4.70, Fontana traded 758,467 shares, after rising 45 cents to end at $8.50, General Accident dipped 2 cents trading of 677 units at $5.40. Honey Bun closed trading of 374,603 units, in gaining 80 cents to end at $7, iCreate ended with a loss of 1 cent at 89 cents with 145,342 stock units changing hands. Indies Pharma climbed 25 cents in exchanging 83,200 shares at $3.75, ISP Finance gained $1 to end at $16 in trading 729 shares, Jamaican Teas dipped 60 cents with 318,358 units changing hands to close at $5.80, Jetcon Corporation fell 10 cents exchanging 57,085 units at $1.85. Lasco Distributors lost 20 cents trading 282,673 units to close at $3.20, Lasco Financial dipped 15 cents with 31,200 units crossing the exchange at $6.40, Lasco Manufacturing declined 6 cents in exchanging 185,929 units to settle at $5.44. Medical Disposables lost 56 cents trading 11,000 shares to close at $6.94, Main Event fell 98 cents in exchanging 27,784 shares to close at $6.02. Paramount Trading closed with 25,000 units changing hands with a rise of 15 cents to end at $1.95, Stationery and Office Supplies climbed 6 cents and exchanged 11,042 shares to end at a record close of $15.75 and tTech Limited closed trading of 27,500 units and gained 52 cents to end at a 52 weeks’ high of $7.45.
In the junior market preference segment, Paramount Trading gained 20 cents to end at a 52 weeks’ high of $2.20 with 550 stock units trading.

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

Junior Market pulls back – Monday

Stationery & Office Supplies hit new high after posting good Q2 results.

The Junior Market of the Jamaica Stock Exchange a breather, in trading on Monday, with the market index slipping 11.94 points to close at 3,589.03 with advancing stocks edging decliners.
Junior Market ended trading with 33 securities changing hands, compared to 29 on Friday, as prices of 15 securities rose, 13 declined and 5 remained unchanged.
Lasco Manufacturing that closed at $5.50 and Stationery and Office Supplies closing $15.69 ended trading at 52 weeks’ highs.  
Market activities resulted in an exchange of 5,270,328 units valued at $23,915,373 down 8 percent from 5,740,137 units valued at $27,712,664 trading on Friday.
The average trade for the day was 159,707 units for an average of $724,708 in contrast to 197,936 units for an average of $955,609 on Friday. The average volume and value for the month to date amounts to 180,478 units valued at $826,356 and previously 184,657 units valued at $846,809 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks closing with higher bids than their last selling prices and 2 closing with lower offers.
Stocks ending with price changes| AMG Packaging declined by 7 cents exchanging 31,174 shares to close at $2.25, Blue Power lost 53 cents to close at $8 in trading 6,814 shares, Caribbean Cream traded 25,000 units with a gain of 5 cents to end at $5.05, Caribbean Flavours gained $1.50 to end at $15.50 with 1,789 stock units changing hands. Cargo Handlers ended trading with 70,346 shares, after rising 55 cents to end at $11.50, Caribbean Producers dipped 5 cents in trading of 547,528 units at $4.75. Derrimon Trading lost 3 cents in trading of 68,000 units at $2.72, Express Catering closed 5 cents higher at $6.40, with 67,104 stock units trading. Everything Fresh declined 15 cents in trading of 62,793 units at $1.70. Elite Diagnostic dipped 27 cents in trading of 134,121 units at $6.50, Fosrich Group lost 5 cents in trading 638,359 shares to close at 4.80 cents, Fontana fell 5 cents in trading 186,905 units to close at $8.05, General Accident declined 57 cents in trading of 66,006 units at $5.42. Honey Bun closed 20 cents higher at $6.20, with 136,460 stock units trading. iCreate closed trading of 72,000 units and gained 5 cents to end at 90 cents, Indies Pharma ended with a loss of 1 cent at $3.50 with 116,868 stock units changing hands, ISP Finance climbed $1.35 to settle at $15 with 5,000 shares changing hands, Jamaican Teas ended trading with 147,621 shares, after rising 40 cents to end at $6.40. Jetcon Corporation closed 15 cents higher at $1.95, with 32,690 stock units trading, Knutsford Express traded 590 shares and declined 80 cents to settle at $11.20, The Limners and Bards lost 50 cents to settle at $3 in trading 1,193,400 shares. Lasco Distributors fell 6 cents in trading of 794,236 units to end at $3.40, Lasco Financial exchanged 65,884 shares and rose 55 cents to end at $6.55, Lasco Manufacturing closed trading of 421,033 units with a gain of 25 cents to end at $5.50. Medical Disposables climbed 50 cents and exchanged 6,500 shares at $7.50, Main Event ended trading with 40,125 shares, after rising 50 cents to end at $7 and Stationery and Office Supplies gained $1.89 to end at an all-time closing high of $15.69 with 40,390 stock units Changing hands.

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

6 new Junior Market TOP 10 stocks

Carreras heads main market TOP10.

The Jamaica Stock Exchange continued to move higher during the week and ended at the high close at 3,600.97 resulting in six stocks migrating from the Junior Market TOP 10.
Prices for Caribbean Cream, Elite Diagnostic, Everything Fresh, General Accident, Lasco Financial and Lasco Manufacturing all rose and exited the TOP 10.
Consolidated Bakeries and Caribbean Flavours that slipped from the list in the previous week, return along with CAC2000, Express Catering, Jetcon Corporation and Main Event.
In the Main Market TOP 10, late bloomer, Sygnus Credit Investments traded ta new record high in the main market of $26 and moved out of the TOP 10 to be replaced by Pulse Investments that slipped out at the end of the previous week.
n the past week, the main market continued its record-breaking run, closing the week at 581,039.04 high on its way to over 800,000 points for the All Jamaica Index.
The three most attractive Junior Market stocks are Caribbean Producers with projected gains of 233 percent, followed by Iron Rock Insurance with projected gains of 193 percent and Medical Disposables with possible gains of 186 percent.
Carreras’ earnings, were upgraded to 90 cents per share, following a 10 percent increase in revenues and 12 percent rise in profit, for the first quarter to June. The stock now leads the in the main market with potential gains of 126 percent followed by Berger Paints with projected gains of 121 percent followed and Stanley Motta with 95 percent by March next year.
The main market closed the week with the overall PE of 16.2 and the Junior Market inched higher to 12.4 current year’s earnings. The PE ratio for Junior Market Top 10 stocks averages 8.4 and the main market PE is now 10 8. These levels, point to a big upside, for TOP 10 stocks over the next 12 months and Junior Market stocks in particular as they lag, the values of the main market by a third.
The TOP 10 stocks now trade at an average discount of 32 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 34 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked 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 as new information is received that can result in changes in and out of the list.

This report is compiled by persons who may have an interest in the securities commented on.

Junior Market at new record high – Friday

New record high for the JSE Junior Market.

The record-breaking run by the Junior Market of the Jamaica Stock Exchange continued, in trading on Friday, with the market index rising 20.53 points to close at 3,600.97 pushing the gain for the market in 2019 to 11 percent.
The Junior Market ended with 29 securities changing hands, compared to 31 on Thursday, as prices of 13 securities rose, 12 declined and 5 remained unchanged. At the close, three stocks closed at 52 weeks’ highs, General Accident at $5.99, Lasco Manufacturing at $5.25, Stationery and Office Supplies  trading at an all-time high of $13.80. Lasco Financial traded at a 52 weeks’ high of $6.97 but ended at $6 at the close.
Market activities resulted in an exchange of 5,740,137 units valued at $27,712,664 up 25 percent from 4,594,972 units valued at $22,321,170 on Thursday.
The average trade for the day was 197,936 units at $955,609 for each security traded, in contrast to 139,242 units for an average of $676,399 on Thursday. The average volume and value for the month to date amounts to 184,657 units valued at $846,809 and previously 181,805 valued at $823,437 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows one stock closing with a higher bid than the last selling price and one closing with a lower offer.
Stocks ending with price changes| AMG Packaging closed trading of 69,200 units and  Stationery & Office Supplies hit a record high of $13.80 on Friday.gained 2 cents to end at $2.32, Blue Power declined 97 cents in trading 18,722 units at $8.53,
Stationery & Office Supplies hit a record high on Friday.

Stationery & Office Supplies – Montego Bay office.

Cargo Handlers dropped $1.05 trading 20,142 shares to close at $10.95, Caribbean Cream closed trading of 2,000 units and gained 5 cents to end at $5. Caribbean Producers ended trading with 210,651 shares, after rising 1 cent to end at $4.80, Consolidated Bakeries lost 5 cents in trading of 97,399 units at $2.35, Everything Fresh closed 4 cents higher at $1.85, with 50,351 stock units trading, Elite Diagnostic ended trading with 12,715 shares, after rising 27 cents to end at a record high of $6.77. Fosrich Group fell 8 cents in trading of 43,831 units at $4.85, Fontana lost 20 cents trading 515,929 shares to close at $8.10, General Accident closed trading of 1,065,500 units and gained 59 cents to end at 52 weeks’ high of $5.99, GWest Corporation dipped 10 cents in trading of 600 units at $1.30. iCreate closed trading of 24,831 units and gained 5 cents to end at 85 cents, Indies Pharma rose 21 cents to end at $3.51 while trading of 31,777 units, Iron Rock Insurance traded 48,900 shares and gained 10 cents to end at $4.10, Jamaican Teas exchanged 73,755 shares to close at $6 after falling 85 cents. Jetcon Corporation lost 20 cents in trading of 5,000 units at $1.80, KLE Group climbed 57 cents after exchanging 100 shares at $2.30, Limners and Bards lost 20 cents trading of 2,335,719 units at $3.50, Lasco Distributors exchanged 99,503 shares to close at $3.46 after falling 29 cents. Lasco Financial lost 50 cents in trading of 60,054 units to settle at $6, Lasco Manufacturing ended trading with 432,852 shares, after rising 9 cents to end at 52 weeks’ closing high of $5.25, Medical Disposables ended with a loss of 1 cent at $7 with 4,446 stock units changing hands. Stationery and Supplies climbed $1.80 to end at a record high of $13.80 with 55,145 shares changing hands after the company posted record half-year results and tTech Limited climbed 43 cents and exchanged 27,924 shares at $6.93, following the release of the half-year results.

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

Junior Market at new record close – Thursday

A new record high for the JSE Junior Market.


The record-breaking run by the Junior Market of the Jamaica Stock Exchange resumed, in trading on Thursday, with the market index rising 39.90 points to end at a record close at 3,580.44 pushing the gain for the market in 2019 to 10 percent.
The Junior Market closed with 31 securities changing hands, down from 35 on Wednesday, as prices of 9 securities rose, 9 declined and 13 remained unchanged.
At the close, three stocks traded at intraday highs but backed off at the close. General Accident closed at a high of $5.41, Indies Pharma traded at a high of $4.10 but dropped back to $3.30 and Lasco Financial traded at a 52 weeks’ high of $6.56 and ended at $6.50 at the close.
Market activities resulted in an exchange of 4,594,972 units valued at $22,321,171 compared to 7,903,203 units at $35,396,687 on Wednesday.
Trading ended with an average of 139,242 units at $676,399 for each security traded, in contrast to 225,806 units for $1,011,334 for each security traded on Wednesday. The average volume and value for the month to date amounts to 181,805 units valued at $823,437 for each security and previously 195,575 valued at $871,008 for each security traded. July ended with an average of 138,412 units with a value of $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks closing with bids higher than their last selling prices and one closed with a lower offer.
Stocks ending with price changes| AMG Packaging closed 5 cents higher at $2.30, with 11,920 stock units trading, Blue Power decline 50  cents in trading of 20,612 units at $9.50, Caribbean Cream closed trading of 144,938 units and gained 75 cents to end at $4.95, Caribbean Producers lost 1 cent to close at $4.79 with 121,182 stock units changing hands. Consolidated Bakeries dipped 10  cents in trading of 24,773 units at $2.40. Derrimon Trading fell 25  cents in trading of 85,689 units at $2.75, Everything Fresh climbed 23 cents and exchanged 201,811 shares at $1.81. Fosrich Group closed trading of 3,500 units and gained 32 cents to end at $4.93, Fontana shed 20 cents trading of 598,550 units o end tat $8.30. GWest Corporation ended trading of 64,760 shares, after rising 6 cents to close at $1.40, Honey Bun climbed 60 cents and exchanged 464,000 shares at $6. Indies Pharma lost 41 cents in trading 151,509 shares to close at $3.30 after trading at 52 weeks’ intraday high of $4.10, Jamaican Teas declined $1.10 trading of 172,919 units to close at $6.85, Limners and Bards ended market activity exchanging 1,029,798 shares to close at $3.70 after falling 24 cents. Lasco Distributors closed 29 cents higher at $3.75, with 557,503 stock units trading, Medical Disposables climbed $1 to settle at $8 with 17,000 shares changing hands. Main Event fell 50 cents trading of 48,978 units at $6.50 and tTech closed trading of 53,772 units and gained 50 cents to end at $6.50 after investors responded positively to half-year results showing a 62 percent rise in the second-quarter results to $15.7 million.

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

First drop in 12 days for Junior Market

The record-breaking run by the Junior Market of the Jamaica Stock Exchange was halted, in trading on Wednesday, with the market index declining 28.31 points to close at 3,540.54 for the first fall in 12 days.
Junior Market ended trading with 35 securities changing hands, down from 32 on Monday, as prices of 13 securities rose, 15 declined and 7 remained unchanged.
At the close, Limners and Bards ended at a record close of $3.94, but traded as high as $4.51, Elite Diagnostic closed at a record high of $6.50, after trading as high as $7. Jamaican Teas traded at an intra-day record of $8 but closed at a record closing high of $7.95, Lasco Financial traded at a 52 weeks’ high of $6.50 and Lasco Manufacturing ended at a 52 weeks’ high of $5.16.
Market activities resulted in an exchange of 7,903,203 units valued at $35,396,687 compared to 5,633,068 units valued at $25,345,257 on Monday.
Trading ended with an average of 225,806 units for an average of $1,011,334 in contrast to 176,033 units for an average of $792,039 on Monday for each security traded. The average volume and value for the month to date amounts to units 195,575 valued at 871,008 in contrast to 179,783 shares valued at $797,704 for each security traded. July ended with an average of 138,412 units with a value of $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks closing with bids higher than their last selling prices and one closed with a lower offer.
Stocks trading| Access Financial dropped $4.75 to end at $43.2, after trading 288 shares, AMG Packaging lost 5 cents to settle at $2.25 with 123,847 shares changing hands, Blue Power shed 70 cents to end at $10 with 35,540 stock units trading, CAC 2000 fell $1 to end at $15 with 470 stock units trading. Caribbean Cream lost 30 cents to end at $4.20 with 26,162 shares changing hands, Caribbean Flavours declined $2.10 trading of 500 units to close at $14, Cargo Handlers ended trading of 8,946 shares after rising $1 to end at $12, Caribbean Producers settled at $4.80 with 184,295 shares changing hands. Consolidated Bakeries added 30 cents trading of 82,874 units to close at $2.50, Dolphin Cove closed at $12.05 trading 2,000 stock units, Derrimon Trading climbed 40 cents in trading of 50,000 units to close at $3. Everything Fresh lost 1 cent in exchanging 56,359 shares at $1.58, Elite Diagnostic ended trading with 121,813 shares, after rising 10 cents to end at 52 weeks’ high of $6.50, Express Catering shed 15 cents in trading 108,769 units at $6.35, Fontana lost 10 cents to settle at $8.50 with 424,202 shares changing hands. Fosrich Group closed trading with 142,396 units after falling 32 cents to end at $4.61, General Accident closed trading of 109,600 units at $5.40, Honey Bun climbed 40 cents to settle at $5.40 with 124,500 shares changing hands, iCreate closed at 80 cents, with 26,526 stock units trading, Indies Pharma rose 50 cents in trading of 326,867 units at $3.71. Iron Rock Insurance closed trading of 261,345 units at $4, ISP Finance jumped $2.15 in trading of 500 units at $13.65, Jamaican Teas rose 95 cents in trading 155,984 units at record closing high of $7.95, Jetcon Corporation climbed 4 cents in exchanging 2,287 shares at $2. Knutsford Express settled at $12 with 2,653 shares changing hands, Limners and Bards added 4 cents and exchanged 4,245,953 shares to end at a record close of $3.94. Lasco Distributors rose 31 cents trading 62,793 shares to close at $3.46, Lasco Financial closed trading of 192,840 units and gained 53 cents to end at 52 weeks’ high of $6.50, Lasco Manufacturing climbed 76 cents in exchanging 880,251 shares to end at a 52 weeks’ closing high of $5.16. Medical Disposables ended trading of 32,090 shares, after rising $1.80 to end at $7 after the company reported slightly lower profit in the first quarter, to June. Main Event ended market activity exchanging 7,360 shares to close at $7 after falling 84 cents, Paramount Trading shed 40 cents trading of 2,000 units to close at $1.80, and Stationery and Office Supplies closed trading of 2,664 units and shed 59 cents to end at $12 and tTech settle at $6 with 43,529 shares changing hands.                                           

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

Junior Market hits new record high

New record high for the JSE main market.

The Junior Market of the Jamaica Stock Exchange in trading on Monday with the market closing at a new record high, with the index rising 31.64 to close at 3,569 with a 10 percent gain for the year.
Junior Market ended trading with 32 securities changing hands, down from 35 on Friday, as prices of 14 securities rose, 12 declined and 6 remained unchanged.
At the close, Limners and Bards ended at a record close of $3.90, Elite Diagnostic closed at a record high of $6.40, General Accident closed at a 52 weeks’ high of $5.40, Lasco Financial traded at a 52 weeks’ high of $5.97 but Jamaican Teas traded at an intra-day record of $7.50 but pulled back after.
Market activities resulted in an exchange of 5,633,068 units valued at $25,345,257 compared to 6,412,413 units valued at $28,100,938 on Friday.
Trading ended with an average of 176,033 units for an average of $792,039 in contrast to 183,212 units for $802,884 on Friday for each security traded. The average volume and value for the month to date amounts to units 179,783 valued at $797,704. July ended with an average of 138,412 units with a value of $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks closing with bids higher than their last selling prices and 2 closed with lower offers.
Stocks ending with price changes| Blue Power lost 1.80 cents in trading 128,748 shares to close at  $10.70, Caribbean Flavours declined $1.06 in trading of 43,842 units to close at $16.10, Caribbean Cream climbed 25 cents and exchanged 1,000 shares at $4.50, Cargo Handlers ended trading 978 shares, after rising 3 cents to end at $11. Consolidated Bakeries shed 10 cents in trading of 55,878 units at $2.20, Dolphin Cove closed 5 cents higher at $12.05, with 3,122 stock units trading, Derrimon Trading shed 20 cents in trading of 331,272 units to close at $2.60, Express Catering shed 20 cents in trading 139,420 units at $6.50. Everything Fresh climbed 24 cents and exchanged 166,102 shares at $1.59. Elite Diagnostic ended trading with 29,406 shares, after rising 18 cents to end at 52 weeks’ high of $6.40, Fosrich Group closed trading with 32,427 units and gained 3 cents to end at $4.93. General Accident closed trading of 100,100 units and gained 50 cents to end at a 52 weeks’ high of $5.40, iCreate closed 10 cents higher at 80 cents, with 72,719 stock units trading, Indies Pharma dipped 9 cents in trading of 439,404 units at $3.21, Iron Rock Insurance shed 5 cents in trading of 23,919 units at $4. Infrequently traded ISP Finance dropped $2.15 in trading of 26,659 units at $11.50, Jamaican Teas lost 26 cents in trading of 220,533 units at $7, Jetcon Corporation climbed 3 cents in exchanging 61,340 shares at $1.96. Limners and Bards climbed 15 cents and exchanged 2,638,421 shares to end at a record close of $3.90. Lasco Distributors lost 25 cents trading 135,609 shares to close at $3.15, Lasco Financial closed trading of 129,841 units and gained 47 cents to end at 52 weeks’ high of $5.97, Lasco Manufacturing climbed 15 cents in exchanging 125,484 shares at $4.40, Medical Disposables ended trading 100 shares, after rising 80 cents to end at $8.80. Main Event ended market activity exchanging 6,210 shares to close at $7.84 after falling 11 cents, Paramount Trading shed 18 cents in trading of 15,000 units to close at $2.20, and Stationery and Office Supplies closed trading of 386 units and gained 39 cents to end at $12.59.

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