Gains for Junior Market – Thursday

Trading on the Junior Market of the Jamaica Stock Exchange climbed sharply on Thursday with 8,679,414 units valued at $30,344,251 crossing the exchange, compared to 17,755,553 units valued at $89,888,819 exchanged on Wednesday.
At the close of trading 29 securities changed hands, compared with 27 on Wednesday. The Junior Market index climbed 21.14 points to close at 3,091.22 as the prices of 12 securities rose, 9 declined and 8 remained unchanged.
Trading ended with an average of 299,290 units for an average of $1,046,353 in contrast to 657,613 units for an average of $3,329,215 on Wednesday. The average volume and value for the month to date amounts to 206,420 shares valued at $875,602 compared to 194,026 shares valued at $852,887 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of trading, Access Financial closed at $48, in trading 650 shares, AMG Packaging ended with a loss of 1 cent at $2, with 686,844 stock units changing hands, Blue Power concluded trading with 100 units after a loss of 35 cents to end at $4.65. Cargo Handlers settled with a loss of 7 cents at $12.58, with an exchange of 500 shares, Caribbean Flavours dropped $1.05 to close at $16.95 in trading 82,000 stock units, Caribbean Producers finished trading at $4.60, with 7,261 units changing hands. Derrimon Trading ended at $2.87, with an exchange of 30,950 shares, Everything Fresh finished 10 cents higher at $1.60, trading 7,000 stock units, Elite Diagnostic settled at $3.25, with 21,494 units trading. Express Catering ended trading 50 cents higher at $8, with 570,123 shares, FosRich Group traded with a loss of 16 cents at $4, with 75,479 shares, Fontana finished trading 130,851 shares at $4.06, General Accident closed 55 cents higher at $4.50, while exchanging 180,624 stock units. GWest Corporation gained 5 cents in closing at $1.80, trading 13,717 units, Honey Bun concluded trading of 12,800 shares at $3.85, ICreate gained 3 cents to close at 98 cents, in trading 42,305 shares, Indies Pharma finished with a loss of 10 cents at $3.01,with 475,330 shares changing hands. ISP Finance ended trading 500 stock units and rose $2 to close at $15.50, Jamaican Teas traded 72,300 units and rose 5 cents higher to $3.80,  KLE Group ended at $2.80, with 8,689 shares changing hands, Knutsford Express  concluded trading with 150 stock units and lost 10 cents to end at $12.70.  Lasco Distributors  finished 30 cents higher at $4, with an exchange of 10,150 units, Lasco Financial  settled 1 cent higher at $4.41, with 10,400 shares trading, Lasco Manufacturing  ended trading 6,167,975 shares after rising 6 cents to $3.06, Main Event  traded 55 cents higher at $5.80, with 1,229 shares changing hands. Medical Disposables  finished trading 43,371 stock units and rose 50 cents to $7.50,  SSL Venture Capital ended at $1.70, with just 2,500 shares passing through the exchange, Stationery and Office  concluded trading 23,924 shares with a loss of 22 cents in closing at $7.25 and Sweet River finished with a loss of 50 cents to close at a 52 weeks’ low of at $3, with 198 shares changing hands.

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

Portfolio switch swells Junior Market trades

Trading on the Junior Market of the Jamaica Stock Exchange climbed sharply on Wednesday with 17,755,553 units valued at $89,888,819 crossing the exchange, compared to 2,988,737 units valued at $11,616,949 exchanged on Tuesday.
Trading level was swollen by a switch in ownership of shares within a group of companies, rather than a general pick up trading interest. The Junior Market index lost 22.39 points to close at 3,070.08 as declining stocks edged out advancing stocks for a second day.
Twenty seven (27) securities changed hands, compared with the same number on Tuesday. At the close of trading, prices of 10 securities rose, 11 declined and 5 remained unchanged.
Trading ended with an average of 657,613 units for an average of $3,329,215 in contrast to 110,694 units for an average of $430,257 on Tuesday. The average volume and value for the month to date amounts to 194,026 shares valued at $852,887 compared to 128,493 shares valued at $502,830 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of trading, Access Financial closed at $48, with 107,787 shares changing hands, AMG Packaging ended with a loss of 9 cents at $2.01, with an exchange of 1,456,154 stock units, Blue Power concluded trading of 103 units with a rise of 50 cents to close at $5. CAC 2000 finished 1 cent higher at $12.41, in trading 107,333 shares, Cargo Handlers settled at $12.65, with 5,000 shares changing hands, Caribbean Cream ended trading 100,000 shares, for 2 cents more at $5.27, Caribbean Flavours traded just 300 stock units in gaining $1.05 to close at $18. Caribbean Producers finished trading 9 cents higher at $4.60, while exchanging 146,400 units, Derrimon Trading ended 7 cents higher at $2.87, with 172,919 shares changing hands. Dolphin Cove concluded trading of 1,221,152 shares with a loss of $1.65 cents at $11.71, Everything Fresh finished 5 cents higher at $1.50, with 37,500 stock units trading, Elite Diagnostic settled at $3.25, with the trading of 2,756,030 units, Express Catering ended trading of 975,759 shares with a loss of 40 cents at $7.50. FosRich Group traded 78,897 shares with a loss of 9 cents at $4.16, Fontana closed 6 cents higher at $4.06, with 522,903 shares changing hands, General Accident closed with a loss of 55 cents at $3.95, while switching ownership of 2,422,309 stock units, GWest Corporation  ended at $1.75, trading just 647 units. ICreate fell 4 cents to close at 95 cents, in trading 36,885 shares,  Indies Pharma  finished with a loss of 5 cents at $3.11, with an exchange of 336,665 shares, Jamaican Teas  traded 51,111 units, with a loss of 5 cents at $3.75,  Jetcon Corporation  finished trading 33 cents higher at $3.10, with 33,533 shares changing hand. Lasco Distributors  finished with a loss of 6 cents at $3.70, with 1,318,768 units crossing the exchange, Lasco Financial  settled at $4.40, trading 47,833 shares, Lasco Manufacturing  ended trading 791,665 shares, with a loss of 10 cents at $3, Paramount Trading  closed at $2.11, with an exchange of 2,000,000 units, SSL Venture Capital ended 4 cents higher at $1.70, with 16,350 shares changing hands and Stationery and Office concluded trading of 3,011,550 shares with a loss of 3 cents to end at $7.47.

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

Nice bounce for Junior Market – Monday

Fontana ended at a new closing high as selling pressure eases.

Stocks made strong gains in trading on the Junior Market of the Jamaica Stock Exchange on Monday, breaking four consecutive days of decline last week. The 2 to 1 positive advance decline ratio pushed the market index up 31.38 points to 3,094.46.
Twenty seven (27) securities changed hands, compared with 31 securities on Friday. At the close of trading the prices of 15 securities rose, 7 fell and 5 remained unchanged. FosRich Group ended at new closing high as well as Fontana that closed with very limited stocks on offer below $5.50, as demand for it has picked up.
The market closed with 1,429,394 units valued $5,552,802 being exchanged, compared to 3,286,973 shares valued at $12,890,201 on Friday.
Trading ended with an average of 52,941 units for an average of $205,659 in contrast to 106,031 units for an average of $415,813 on Friday. The average volume and value for the month to date amounts to 131,423 shares valued at $514,778 compared to 146,891 shares valued at $575,700 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of trading, AMG Packaging ended with a loss of 4 cents at $2.25, with 114,379 stock units changing hands, Caribbean Cream ended trading of 251 shares at $5.25, Caribbean Flavours dropped $1.54 to close at $16.95 after trading 2,000 stock units, Caribbean Producers finished trading 3 cents higher at $4.50, with 26,300 units changing hands. Derrimon Trading ended 9 cents higher at $2.89, with 21,600 shares switching ownership. Dolphin Cove jumped $1.76 higher to $13.36, with an exchange of 100 shares, Everything Fresh finished with a loss of 15 cents at $1.50, in trading 24,000 stock units, Elite Diagnostic settled at $3.20, with 126,553 units, Express Catering ended trading with a loss of 31 cents at $7.99, with 5,318 shares. FosRich Group gained 20 cents to end at a 52 weeks’ closing high of $4.20, trading 62,102 shares, Fontana finished trading of 307,794 shares and rose 10 cents to end at an all-time closing high of $4.10. General Accident closed 15 cents higher, at $4.50, with 121,000 stock units changing hands, GWest Corporation ended at $1.75, with an exchange of 6,172 units, Honey Bun concluded trading of 33,352 shares for 2 cents higher at $3.72. ICreate rose 1 cent to close at 94 cents, trading 66,000 shares.  Indies Pharma gained 25 cents to end at $3, with 119,744 shares trading, Jamaican Teas traded 56,495 units with a loss of 5 cents at $3.75,  Jetcon Corporation  closed 5 cents higher at $2.77, trading 6,460 shares. Knutsford Express  jumped 90 cents higher to $12.90, with 37,592 stock units changing hands, Lasco Distributors  closed at $3.70, with an exchange of 14,587 units, Lasco Financial settled with a loss of 19 cents at $4.40, in exchanging 153,968 shares. Main Event  traded 25,212 shares for an 80 cents hike to $5.80, Medical Disposables  finished with a loss of 50 cents at $6.50, with 14,000 stock units changing hands, Paramount Trading  closed 36 cents higher at $2.40, with an exchange of 1,283 units. SSL Venture Capital ended at $1.70, trading 44,732 shares, Stationery and Office concluded trading of 5,400 shares, after rising of 50 cents to $7.50 and tTech settled 50 cents higher at $6, with 33,000 stock units changing hands.

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

Market Watch still on Scotia

Add your HTML code here...

Scotia Group January 2019 first quarter results due this week.

The main and Junior markets of the Jamaica Stock Exchange pulled back in the holiday shortened week as investors continue to digest and react to some mixed results for 2018.
Scotia Group did not released this past week as was done in 2018. The 2019 result is expected this week, this is one that is to be watched keenly and investors would be smart to keep an eye on the most critical signal that it will send for increased profits for this year. It must show meaningful  growth in the loan portfolio, to start pumping up profit. Caribbean Cement closed at $51.02 and should move higher with limited supply on offer and an analysis of the audited 2018 results suggesting that cost should decline sharply in some areas and revenues rise in the current year. IC Insider.com again revised earnings, this time to to $7 for the year. Last year, cement import cost more than $1 billion, that cost will not recur this year, they will also benefit from a full year of the removal of the expensive lease cost resulting full year’s saving from the $2 billion annual savings, resulting from owning the kilns rather than leasing. Radio Jamaica climbed to $1.15 late last week but there is not much selling at these levels.
Jamaica Stock Exchange pulled back during the week to $14.80 and seems poised to slip some more before settling down, ahead of the 2019 first quarter results that is expected to show a big increase in profit if the data of trading values are anything to go for 2019 to date. Grace Kennedy reported improved results with earnings per share of $5, helped by a big increase in investment income and foreign exchange should be priced higher than the $60.80 it last traded at.

Buying of Fontana was strong on Friday.


Buying came in for Fontana last week pushing the price the price to $4 on Friday and could move higher during the coming week. Wisynco continues to trade around the current price just below $12 and seems poised to continue to move side wards for a while. Watch Elite Diagnostic that has been steady around $3.20 but with good buying interest at the current price level but sellers are reluctant to come off the $3.40 offer price.
Buying for General Accident continues to trade around $4.50 level with no clear signs when it will the break out to a higher price level as there have been selling around these levels and that may well continue for a while.
Lasco Financial remains stuck around $4.60 price level with some selling taking place at $4.60, but buying is not strong enough to move the price in the short term. Medical Disposables bounced last week but the price may bounce around for some time in the medium term. Caribean Cream seems poised to move higher with a gap that has developed between buying and selling interest. Express Catering this one could see huge benefits from the big double digit increase in tourist arrival this year so far, with January up 11.3 percent islandwide. Stationery and Office Supplies dropped to $7 from more than $8 but there are signs of a bounce. Barita Investments announced an interim dividend of 82 cents per share, this news could well lift demand for the stock.

Cement tops main market TOP 10

Caribbean Cement is now IC Insider.com TOP 2019 main market stock.

Grace Kennedy moved up in price to $61 and is now at 13 spot, while Pulse Investments price slipped to $2.50 and moved into the TOP 10 main market stock list, replacing Grace. There were no movements in or out of the Junior Market TOP 10 listing.
IC insider.com revised Caribbean Cement earnings to $7 per share since the last report resulting from a reassessment of the amount expended on importing cement in 2018. Import of cement which cost more than $1 billion in 2018, is not expected to recur in 2019. That moved it to the top of the main market stocks. Earnings per share for General Accident was lowered to a more conservative 60 cents even though it could exceed that level, with the December 2018 quarter showing a 44 percent increase in gross premium income over the 2017 quarter, almost twice the 23 percent increase for the full year. If growth in the last quarter were to carry through in 2019, then a higher bottom-line can be expected. The earnings downgrade moved the company to the 10th spot on the list.
The three leading Junior Market stocks are Iron Rock with potential gains of 300 percent, Paramount with potential gains of 281 percent and Caribbean Producers 258 percent.
The three leading main market stocks are, Carib Cement is back on top with potential to gain 174 percent for the year followed by Victoria Mutual Investments with 173 percent likely gain and Sterling Investments with 167 percent.
The main market closed the week with the overall PE at 13.6 and the Junior Market at 10.2. The PE ratio for Junior Market Top 10 stocks average 6.3 and the main market PE is now 8.2. These levels point to the huge upside for the TOP 10 stocks over the next 12 months.
The TOP 10 stocks now trade at an average discount of 40 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 39 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 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 interest in the securities commented on.

More declines for Junior Market – Friday

FosRich traded at an all-time high of $4.50 on Friday.

Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Friday with more stocks declining than rising for a fourth day, leading to another fall in the market index of 19.66 points to close at 3,063.08.
At the close of market activities, 31 securities changed hands, compared with 23 securities trading on Thursday and ending with the prices of 11 securities advanced, 11 declined and 9 remained unchanged.The market closed with 3,286,973 shares valued at $12,890,201 being exchanged compared to 2,723,771 units valued at $7,748,383 on Thursday.
Trading ended with an average of 106,031 units for an average of $415,813 in contrast to 118,425 units for an average of $336,886 on Thursday. The average volume and value for the month to date amounts to 146,891 shares valued at $575,700 compared to 158,840 shares valued at $622,459 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of trading, AMG Packaging ended 9 cents higher at $2.29, with 128,175 stock units changing hands, Cargo Handlers ended $12.65 higher at $12.65, with 5,500 stock units, Caribbean Cream settled at $5.25, with an exchange of 9,438 shares, Caribbean Producers traded 97,982 stock units at $4.47, Consolidated Bakeries finished trading 3,650 units, 1 cent higher to $2. Derrimon Trading closed with a loss of 11 cents at $2.80, with 25,009 shares changing hands, Dolphin Cove ended with a loss of $1.90 to $11.60, trading 176,147 shares, Everything Fresh concluded trading of 158,747 shares for 10 cents higher at $1.65, Elite Diagnostic finished with a loss of 10 cents at $3.20, with 10,000 stock units changing hands. Express Catering settled 42 cents higher at $8.30, with an exchange of 114,037 units, FosRich Group ended trading 33,093 shares at $4,after trading at an intraday all-time high of $4.50. Fontana traded 622,444 shares to close at $4, General Accident exchanged 73,369 shares with a gain of 5 cents to $4.35, GWest Corporation closed at $1.75, with 6,342 stock units changing hands, Honey Bun ended at $3.70, trading 705,845 units, ICreate fell 2 cents to close at 93 cents, trading 409,781 shares. Indies Pharma concluded trading of 42,204 shares with a loss of 25 cents at $2.75, Iron Rock finished with a loss of 50 cents at $3, with an exchange of 127,000 shares, ISP Finance rose 50 cents higher to $13.50, with 19,934 shares changing hands. Jamaican Teas ended trading 79,420 stock units, with a loss of 5 cents at $3.80, Jetcon Corporation  swapped 11,594 units, with a loss of 23 cents at $2.72,  Key Insurance  finished trading 5,000 shares and rose 15 cents higher to $3.15,  Knutsford Express  ended at $12, with 200 shares changing hands. Lasco Distributors  lost 5 cents to end at $3.70, with an exchange of 193,061 stock units, Lasco Financial  finished 8 cents higher at $4.59, trading 14,764 units, Lasco Manufacturing  gained 4 cents to end at $3.05, with 48,900 shares changing hands, Main Event ended trading of 59,700 shares and gained 44 cents to close at $5. Medical Disposables  traded 6,500 shares after rising 20 cents higher to $7, Stationery and Office  dropped $1.20 to $7, with 39,298 shares changing hands and SSL Venture Capital closed at $1.70, with 28,115 units. In the junior market preference segment, Derrimon Trading 9% preference share concluded trading of 31,724 units at $2.10.

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

Junior Market drops again – Thursday

Junior Market trading.

Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Thursday with more stocks declining than rising for a third day, leading to another fall in the market index of 26.87 points to 3,082.74.
At the close of market activities, 23 securities changed hands, compared with 28 securities trading on Tuesday and ending with the prices of 8 securities advancing, 13 declining and 2 remaining unchanged.
The market closed with 2,723,771 units valued at $7,748,383 compared to 3,968,653 units valued at $16,061,548, trading on Tuesday.
Trading ended with an average of 118,425 shares valued 336,886 each compared to 141,738 units for an average of $573,627 on Tuesday. The average volume and value for the month to date amounts to 158,840 shares valued at $622,459 compared to 170,040 shares valued at $701,594 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of trading, Access Financial lost $4 and closed at $49, with 5,313 shares changing hands, AMG Packaging lost 11 cents to end at $2.20, trading 252,300 stock units, Cargo Handlers settled at $12.85 with a loss of 5 cents, in exchanging 3,101 shares, Caribbean Cream rose 5 cents trading of 3,500 shares to close at $5.25. Caribbean Flavours traded 1,580 stock units with a fall of $2.01 to close at $18.49, Caribbean Producers finished trading 2,500 units and lost 3 cents to end at $4.47, Derrimon Trading ended 2 cents down at $2.91, with 15,720 shares changing hands, Everything Fresh fell 10 cents to close at $1.55, with 34,600 stock units trading. Express Catering ended trading with 3,025 shares, for a loss of 7 cents at $7.88, Fontana finished trading 145,041 shares, with a rise of 4 cents at $4, FosRich Group climbed 15 cents in trading 116,294 shares, to end at $4, General Accident shed 20 cents in closing at $4.30, with an exchange of 158,226 stock units. Honey Bun concluded trading of 14,006 shares with a loss of 5 cents at $3.70, investors gobbled up 450,683, iCreate shares, to close with a gain of 5 cents at 95 cents, Indies Pharma  rose 4 cents to $3, with 520,129 shares trading, Jamaican Teas  traded 52,575 units at $3.85, Knutsford Express  concluded trading of 1,289 stock units at $12. Lasco Distributors  finished 4 cent higher at $3.75, in exchanging 210,134 units, Lasco Financial  settled with a loss of 29 cents at $4.51, in trading just 2,150 shares, Lasco Manufacturing  added 1 cent and ended trading at $3.01, with 347,874 shares changing hands. Main Event  traded 56,028 shares with a loss of 79 cents at $4.56, Medical Disposables finished trading 6,500 stock units with a gain of 25 cents to close at $6.80, SSL Venture Capital lost 25 cents to end at $1.70, trading 321,203 shares.

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

Kremi and LasM in IC Top 10

Profit for Stationery and Office Supplies fell well below expectations for 2018, resulting in a downward revision to the 2019 estimate to 75 cents per share that is not good enough to keep it in the TOP 10.
tTech rose to $6.20 to exit the TOP 10 Junior Market stocks. Caribbean Cream and Lasco Manufacturing moved into the list. There are no changes to the main market listing this past week. IC insider .com upgraded Caribbean Cement earnings to $6 per share helped by cost reduction and discontinuation of importing cement that is more costly than the local product.
The three leading Junior Market stocks are Paramount, with potential gains of 281 percent General Accident, with potential gains of 256 percent and Caribbean Producers 256 percent.
The three leading main market stocks are, Victoria Mutual investments with 162 percent likely gain, Radio Jamaica 148 percent and Sterling Investments with 147 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 13.7 and the Junior Market at 10.6. The PE ratio for Junior Market Top 10 stocks average 6.4 and the main market PE is now 8.5.
The TOP 10 stocks now trade at an average discount of 40 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.

Falling stock prices hit Junior Market – Tuesday

Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Tuesday with more stocks declining than rising for the second day leading to another fall in the market index of 10.21 points to 3,109.61.
At the close of market activities 28 securities changed hands, compared with 29 securities trading on Monday and ending with the prices of 6 securities advancing, 13 declining and 9 remaining unchanged.
The market closed with 3,968,653 units valued at $16,061,548 trading, compared to 6,546,471 units valued at $26,108,684 exchanged on Monday.
Trading ended with an average of 141,738 units for an average of $573,627 in contrast to 225,740 units for an average of $900,299 on Monday. The average volume and value for the month to date amounts to 170,040 shares valued at $701,594 compared to 184,448 units valued at $766,741 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
At the close of trading, Access Financial closed at $53, with 642 shares changing hands, AMG Packaging ended at $2.31, trading 35,650 stock units, Blue Power concluded trading of 19,040 units, with a loss of 35 cents to close at $4.50, Cargo Handlers settled at $12.90 with a loss of 10 cents, exchanging 3,900 shares. Caribbean Flavours traded 8,119 stock units with a leap of $2.01 to close at $20.50, Caribbean Producers finished trading 63,841 units at $4.50, Derrimon Trading ended 23 cents higher at $2.93, with 36,758 shares changing hands, Everything Fresh finished 13 cents higher at $1.65, with 4,402 stock units trading, Elite Diagnostic settled at $3.30, with 10,100 units changing hands. Express Catering ended trading with 12,020 shares, for 10 cents higher to $7.95, FosRich Group traded 29,900 shares, for 5 cents higher at $3.85, Fontana finished trading 45,952 shares, with a loss of 5 cents at $3.96, General Accident closed at $4.50, with an exchange of 486,619 stock units. GWest Corporation ended with a loss of 5 cents at $1.75, trading 104,195 units, Honey Bun concluded trading of 53,158 shares with a loss of 5 cents at $3.75, investors dumped 257,234 ICreate shares to close at a record low of 90 cents, having fallen 11 cents. Indies Pharma ended with a loss of 4 cents at $2.96, with 9,200 shares trading, Iron Rock settled at $3.50, exchanging 4,832 shares, Jamaican Teas traded 74,106 units with a loss of 15 cents at $3.85, Jetcon Corporation lost 15 cents to end at $2.95, with the swapping of 27,400 shares. KLE Group ended with a loss of 30 cents at $2.80, with 550 shares changing owners, Knutsford Express  concluded trading of 4,311 stock units at $12, Lasco Distributors  finished 1 cent higher at $3.71, in exchanging 210,500 units, Lasco Financial  settled with a loss of 20 cents at $4.80, trading 2,260,678 shares. Lasco Manufacturing  ended trading at $3, with 182,048 shares changing hands, Main Event  traded 16,400 shares with a loss of 5 cents at $5.35, SSL Venture Capital ended at $1.95, trading 4,298 shares and Stationery and Office concluded trading of 2,800 shares with a loss of 20 cents to close at $8.20.

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

Market Watch on Scotia

The main market of the Jamaica Stock Exchange moved within less than 5,000 points of the record close in November last year as investors pushed the prices of some stocks higher during the past week.
Based on the date the first quarter results for Scotia Group was released in 2018, the 2019 results should be released on Thursday but so far the company has not posted the date of dividend consideration  that is normally the date of announcing the results. Caribbean Cement closed at $55 and should move higher with limited supply on offer and an analysis of the audited 2018n results suggesting that cost should decline and revenues rise in the current year. IC Insider.com raised earnings to $6 for the year with the expensive $1 billion cement import last year not recurring this year and the benefit of a full year of removal of lease cost with added saving this year from the $2 billion annual savings from resulting from owning the kilns rather than leasing.  Keep on watching this one for a break out in price.
Radio Jamaica pulled back to $1 late last week but there is buying at those levels and above.
The Junior Market is consolidating with a slight negative bias, even as this market seems far more undervalued than the main market, the release of quarterly profit results is not helping this market currently as investors wait to see what 2019 results will look like.
Last week, a number of results were released but they showed that investors may have pushed prices to their limit already. Jamaica Stock Exchange report big increase in profit for 2018 of $413 million versus $221 million in 2017 with earnings per share of 59 cents and thus pushing the PE ratio to a rich 30.  Berger Paints profits were flat but the company had a blowout final quarter with revenues jumping 155 percent from the poor 2017 quarter and profits of $130 million versus just $30 million in 2017. Grace Kennedy reported improved results with earnings per share of $5, helped

Grace new HQ close to the end of construction in downtown Kingston

by a big increase in investment income and foreign exchange. Jamaica Producers earnings grew 23 percent to 73 cents per share and resulting in one of the higher valued stocks on the market. Mayberry Investments reported a loss of $6million after tax for the year with a big increase in credit loss and investment impairment provisions. Sagicor Group and PanJam Investment full year’s results are delayed.
Fontana’s and Wisynco continues to trade around their current prices just below $4 and $12 respectively and seem poised to continue to move side wards for a while.
Elite Diagnostic moved up to $3.20 last week with good demand at that level 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 to trade around $4.50 level with no clear signs when it will the break out to a higher price level.
Lasco Financial remains stuck around $4.60 price level with some selling taking place at $4.60, but buying is not strong enough to move the price in the short term.  Medical Disposables bounced last week but the price may bounce around for some time in the medium term.

Обновили на порносайте pornobolt.tv порно страничку о том как парень выебал пизду мачехи, которая устала от своего муженька Комиксы, Манга читать онлайн на Русском языке

Education plays a pivotal role in shaping individuals and communities. Accessing diverse learning resources is essential for personal growth and societal progress. Discover educational avenues at Sorescol, Fiftylicious, and Maniamall to begin your educational journey.

dla gospodyni domowej ciekawy raumanvaraosahalli.fi mielenkiintoinen omin kasin RSS FEEDS BELOW: FOOD RSS FEED TIPS RSS FEED NEWS RSS FEED SHOP RSS FEED Our other projects: faberlic-czech.cz aslan.la meikeshop.es