General Accident — Page 158

Juniors record 7 gains on Tuesday

December 6, 2016 by IC Insider.com

New high for Cargo Handlers on Tuesday.

The junior market made more gains at the close of trading on Tuesday resulting in the market index gaining 21.14 points to end at 2,454.80 and is up 37 percent for the year.
At the close the prices of 7 stocks rose and 2 declined with 12 securities trading, compared to 13 on Monday.
Stocks traded, rose on Tuesday by 298 percent, from Monday’s level, ending with 3,836,924 units changing hands, valued at $18,753,528, up 304 percent from $4,640,109 on Monday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 4 ending with lower offers.
An average of 319,744 units with an average value of $1,562,794 traded, compared to 74,236 units with an average value of $356,931 on the preceding day. ICI Jm sum 6-12-16

The average for December to date is 173,888 units at an average of $794,408. The average December to Monday is 125,269 units at an average of $538,279. The average for November is 109,679 units with an average value of $607,092.
The stock split into 150 stock units for Eppley ordinary stock is yet to attract any offers even after the bid had risen to $6.95, compared to the adjusted last traded price of $4.90.
In trading activity, Access Financial Services traded 9,000 and close with a gain of 50 cents at $21, Cargo Handlers rose by 50 cents with 1,000 units trading at a 52 weeks’ high of $13, Caribbean Flavours traded 11,285 units to end at $9 with a gain of 1 cent. Caribbean Producers had 16,150 units changing hands to end at $3.30, C2W Music rose 3 cents with 1,000 shares changing hands at 29 cents, ICI Jm trd Sht 6-12-16

Honey Bun had 18,531 shares changing hands to close with a gain of 30 cents at $6, Jetcon Corporation gained 35 cents, to close at a 52 weeks’ high of $6, with 50,100 shares. Key Insurance rose 37 cents in trading 1,000 units to close at $2.87, Lasco Distributors had 104,343 shares changing hands at $6.60, Lasco Financial ended with 34,094 shares being exchanged at $3.25. Lasco Manufacturing lost 15 cents and ended at $4.55 with 3,588,543 shares changing hands and Paramount Trading lost 10 cents while 1,858 shares traded to close at $3.70.

Filed Under: JSE Junior Market, Stock Market Tagged With: C2W Music, Cargo Handlers, Caribbean Flavours, Caribbean Producers, Daily Trading, Eppley, General Accident, Honey Bun, Jamaican stocks, Jetcon Corporation, junior market, Key Insurance, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Paramount Trading, Trading Activity

Juniors inch up on Monday

December 5, 2016 by IC Insider.com

JM Sign The junior market index inched up by the end of trading on Monday resulting in the market index gaining 9.79 points to end at 2,433.66.
At the close the prices of 4 stocks rose and 4 declined with 13 securities trading, compared to 12 on Friday. The movement in the junior market index puts the gain for the year to date, at 36 percent.
Stocks traded, rose on Monday by 8 percent, from Friday’s level, ending with 965,067 units changing hands, valued at $4,640,109, up 62 percent from $2,867,579 on Friday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 3 ending with lower offers.
ICI Jm sum 5-12-16 An average of 74,236 units with an average value of $356,931 traded, compared to 74,215 units with an average value of $238,965 on the preceding day. The average for December to date is 125,269 units at an average of $538,279. The average for December to Friday is 150,785 units at an average of $628,952. The average for November ended at 109,679 units with an average value of $607,092.
The stock split into 150 stock units for Eppley ordinary share, is yet to attract any offers even after the bid had risen to $6.91 compared to the adjusted last traded price of $4.90.
In trading activity, Caribbean Cream traded 69,747 units and rose by 40 cents to close at $7.50, Caribbean Flavours traded 1,630 units to end at $8.99 with a gain of 44 cents, Caribbean Producers fell 20 cents with 510,000 units changing hands to end at $3.30. Honey Bun had 105,000 shares changing hands to close with a loss of 13 cents at $5.70, Jamaican Teas traded 12,252 shares to close at $4.10, ICI Jm trd Sht 5-12-16 Jetcon Corporation traded with a loss of 10 cents, to close at $5.65, with moderate volume of 10,000 shares. Key Insurance traded 28,471 units to close at $2.50, Knutsford Express saw trading in 20,164 shares at $20, Lasco Distributors loss 20 cents after 145,442 shares changed hands at $6.60, Lasco Financial gained 5 cents and ended with 19,958 shares changing hands at $3.25. Lasco Manufacturing ended at $4.70 with a mere 770 shares changing hands Paramount Trading gained 10 cents while 5,979 shares traded, to close at $3.80 and tTech ended with 35,654 units changing hands at $5.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Dolphin Cove, Eppley, General Accident, Honey Bun, Iron Rock Insurance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Key Insurance, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, Paramount Trading, Trading Activity, tTech

7 junior stocks rise 2 fall – Friday

December 2, 2016 by IC Insider.com

Jetcon Corporation ended at a new closing high of $5.75 on Friday to gain 155% since listing.

The junior market trading was dominated by trading in the shares of Lasco Financial, accounting for 84 percent of the total volume traded. In a moderate trading session the market index recovered 22.82 points to end at 2,423.87 on Friday.
At the close the prices of 7 stocks rose and 2 declined with 12 securities trading, one less than on Thursday. The movement in the junior market index left the gain for the year to date at 35 percent.
Stocks traded fell on Friday by 70 percent from Thursday’s level and ending with 890,579 units changing hands, valued at $2,867,579, down 78 percent from $13,246,216 on Thursday.
ICI Jm sum 2-12-16

Market activities ended with 7 securities closing with bids higher than their last selling prices and just 2 ending with lower offers and one stock closed at a new all-time high.
An average of 74,215 units with an average value of $$238,965 traded, compared to 227,356 units with an average value of $1,018,940 on the preceding day. The average for December to date is 150,785 units at an average of $628,952. The average for November is 109,679 units with an average value of $607,092.
Eppley ordinary stock is yet to trade, after a split into 150 stock units for each one previously held.
In trading activity, Caribbean Cream traded just 446 units at $7.10, Caribbean Producers gained 30 cents with 500 units changing hands to end at $3.50, C2W Music rose 1 cent with 4,500 units changing hands to end at 26 cents, Dolphin Cove traded 150 shares ICI Jm trd Sht 2-12-16

and rose by 5 cents to end at $15.20. General Accident shed 10 cents and closed trading with 23,908 units at $2.50, Honey Bun had 4,658 shares changing hands to close at $5.83, Jamaican Teas traded 9,009 shares to close at $4.10, Jetcon Corporation traded with a gain of 50 cents to close at a new high of $5.75 with moderate volume of 7,300 shares. Key Insurance lost 5 cents in trading 63,100 shares and ended at $2.50, Lasco Distributors rose 15 cents after 7,260 shares changed hands at $6.80, Lasco Financial gained 5 cents and ended with 752,444 shares changing hands at $3.20 and Lasco Manufacturing gained 15 cents to end at $4.70 with a mere 17,304 shares changing hands.

Filed Under: JSE Junior Market, Stock Market Tagged With: C2W Music, Caribbean Producers, Consolidated Bakeries, Daily Trading, Dolphin Cove, Eppley, General Accident, Honey Bun, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Key Insurance, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Trading Activity

Trading rises for junior stocks – Wednesday

November 30, 2016 by IC Insider.com

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Jetcon Corporation ended at a new closing high of $5.25 on Wednesday to gain 133% since listing.

The junior market ended November on a positive note with the market index rising 15.62 points to end at 2,429.13 on Wednesday. At the close the prices of 7 stocks rose and 7 declined with 17 securities trading, the same number as on Tuesday.
The movement in the junior market index lifted the gain for the year to date at 36 percent.
The volume of stocks traded rose on Wednesday by 50 percent from Tuesday’s level and ending with 1,318,905 units changing hands, valued at $5,853,384, 12 percent from $5,225,495 on Tuesday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and just 1 ending with a lower offer.
An average of 81,289 units with an average value of $344,317 traded, compared to 61,261 units with an average value of $348,366 on the preceding day. ICI Jm sum 30-11-16

The average for the month to date is 109,679 units for an average of $607,092 compared to 111,031 units valued at $619,605 on Tuesday and 129,138 units with an average value of $709,705 for October.
Eppley ordinary stock is yet to trade, after a split into 150 stock units for each one previously held.
In trading activity, AMG Packaging rose $1 to close with 971 units changing hands at $18.50, CAC 2000 added 99 cents in trading 100 shares and to close at $5.10, Cargo Handlers ended with 59,932 units and regained 50 cents to close at $12.50, Caribbean Cream closed with 125,000 shares changing hands and lost 29 cents to end at $7.10. Caribbean Flavours fell 6 cents, in trading 5,500 units at $8.55, Caribbean Producers fell 25 cents in trading 65,801 units to end at $3.20, Consolidated Bakeries lost 7 cents in trading 9,902 shares to close at $2.23, General Accident fell 5 cents and closed trading with 74,300 units at $2.60. Honey Bun gained 51 cents with 11,654 shares changing hands to close at $6.01, Jetcon Corporation ended with 138,521 units changing hands, 23 cents higher at a 52 weeks’ closing high of $5.25, ICI Jm trds 30-11-16

Key Insurance traded 15,000 shares and ended at $2.50. Lasco Distributors closed with 20,700 shares changing hands, at $6.80, Lasco Financial lost 10 cents and ended with 750,000 shares changing hands at $3.10. Lasco Manufacturing rose 14 cents to end at $4.69 with 12,211 shares changing hands, Medical Disposables lost 25 cents in trading 76,942, shares to close at $4.05, Paramount Trading gained 20 cents with 10,000 units changing hands to close at $3.70 and tTech ended with 5,372 shares changing hands at $5.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, CAC 2000, Cargo Handlers, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, General Accident, Honey Bun, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Key Insurance, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, Paramount Trading, Trading Activity, tTech

Trading falls for junior stocks – Tuesday

November 29, 2016 by IC Insider.com

stocks The junior market index lost 2.79 points to end at 2,413.51 on Tuesday as the prices of 3 stocks rose and 3 declined with 15 securities trading, compared with 17 on Monday. The movement in the junior market index still left the gain for the year to date at 35 percent.
The volume of stocks traded dropped sharply on Tuesday by 73 percent from Monday’s level and ending with 918,920 units changing hands, valued at $5,225,495, down 67 percent from $15,863,525 on Monday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
An average of 61,261 units with an average value of $348,366 traded, compared to 202,726 units with an average value of $933,149 on the preceding trading day. ICI Jm sum 29-11-16 The average for the month to date is 111,031 units for an average of $619,605 compared to 113,520 units valued at $633,167 on Monday and 129,138 units with an average value of $709,705 for October.
Eppley ordinary stock is yet to trade, after a split into 150 stock units for each one previously held.
In trading activity, AMG Packaging dropped $1.25 to close with 56,055 units changing hands at $17.50, Cargo Handlers traded 3,670 units and fell 50 cents to $12, Caribbean Cream closed with 220,000 shares changing hands and gained 14 cents to end at $7.39, Caribbean Flavours rose 11 cents in trading 1,000 units at $8.61. General Accident closed trading with 51,800 units at $2.65, Iron Rock with 5,000 shares changing hands, closed at $3, ICI Jm trds 29-11-16 Jamaican Teas traded 16,460 shares to close at $4.10, Jetcon Corporation closed with 72,000 units changing hands for 1 cent higher at $5.02, after trading at a new intraday high of $5.25, KLE Group traded 2,243 shares and ended at $1.50. Knutsford Express traded 600 units at $20, Lasco Distributors closed with 104,223 shares changing hands, at $6.80, Lasco Financial ended with 377,603 shares changing hands at $3.20. Lasco Manufacturing closed with a loss of 14 cents at $4.55 with 2,876 shares changing hands, Medical Disposables traded 3,990, shares to close at $4.30 and Paramount Trading with 1,400 units changing hands closed at $3.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Cargo Handlers, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Eppley, General Accident, Iron Rock, Iron Rock Insurance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, Paramount Trading, Trading Activity

Juniors volume surge – Monday

November 28, 2016 by IC Insider.com

JM Sign The junior market index lost 10.44 points to end at 2,416.30 on Monday as the prices of 5 stocks rose and 5 declined with 17 securities trading, compared with 14 on Friday. The movement in the junior market index left the gain for the year to date at 35 percent.
The volume of stocks traded jumped sharply on Monday by 1,865 percent from Friday’s level and ending with 3,446,347 units changing hands, valued at $15,863,525, up 1,928 percent from $782,192 on Friday.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
An average of 202,726 units with an average value of $933,149 traded, compared to 11,694 units with an average value of $52,146 on the preceding trading day. ICI Jm sum 28-11-16 The average for the month to date is 113,520 units for an average of $633,167 compared to 52,146 units valued at $108,825 on Friday and 129,138 units with an average value of $709,705 for October.
Eppley ordinary stock split into 150 stock units for each one previously held is reflected in the price one junior market on Monday with the ex-stock split date being November 28. There was no trading in the stock by the close.
In trading activity, AMG Packaging dropped $2.20 and closed with 11,433 units changing hands to close at $18.75, Cargo Handlers traded 2,400 units at $12.50, Caribbean Cream closed with 5,769 shares changing hands and gained 25 cents to end at $7.25, Caribbean Producers rose 5 cents in trading 4,000 units at $3.45. Consolidated Bakeries lost 10 cents in trading 10,000 shares to close at $2.30, General Accident dropped 35 cents and closed trading with 113,300 units at $2.65, Honey Bun with 358,200 shares changing hands, closed at $5.50 after falling 10 cents. ICI Jm trds 28-11-16 ISP Finance traded 28,623 shares to end at $8, Jamaican Teas traded 16,966 shares to close at $4.10, Jetcon Corporation closed with 149,100 units changing hands, 1 cent higher at $5.01, Key Insurance traded 21,100 shares with a rise of 15 cents to end at $2.50, Knutsford Express traded 750 units at $20. Lasco Distributors gained 20 cents with 8,000 shares changing hands, to close at $6.80, Lasco Financial rose 5 cents and ended with 202,636 shares changing hands at $3.20. Lasco Manufacturing closed with a loss of 1 cent at $4.69 with 2,507,570 shares changing hands, Paramount Trading with 5,000 units changing hands closed at $3.50 and tTech traded 1,500 shares but rose 50 cents to $5.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Eppley, General Accident, Honey Bun, ISP Finance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Key Insurance, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Paramount Trading, Trading Activity, tTech

JSE main market up in morning trading

November 28, 2016 by IC Insider.com

Trading on the Jamaica Stock Exchange resulted in the main market indices climbing while junior market index decline marginally in early Monday trading. With the exception of 3.3 million shares in 1834 Investments and 633,843 shares of General Accident trading was moderate. ICI int -28-11-16
A total of 20 securities traded of which 6 advanced and only 10 fell, resulting in a volume of 4,494,219 shares changing hands carrying a value of a $16,491,042 compared with 497,348 shares changing hands with a value of $2,887,938 on Friday. The average number of shares traded, amount to 224,711 units versus 22,607 units on Friday.
At 10:50 am the all Jamaica Composite Index jumped 675.21 points to 195,067.31 the Jamaica Stock Exchange Market Index climbed 603.76 points to 178,486.97, the Jamaica Stock Exchange combined index surged 491.73 points to close at 190,388.22 and the junior market index fell 6.64 points to end at 2,420.10.

Filed Under: JSE Combined, Stock Market Tagged With: 1834 Investments, Daily Trading, General Accident, Jamaica Stock Exchange, Jamaican stocks, junior market, Trading Activity

Juniors fall with 2 stocks rising – Thursday

November 24, 2016 by IC Insider.com

The junior market index dropped 10.82 points to end at 2,398.97 on Thursday as the prices of 2 stocks rose and 8 declined with 4 securities trading, compared with 14 on Wednesday. The decline left the gain for the junior market index for the year to date to 34 percent.
The volume of stocks traded declining on Thursday by 15 percent from Wednesday’s level and ending with 1,016,439 units changing hands, valued at $5,281,239, up 26 percent from $7,108,043 on Wednesday.
Market activities ended with 6 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
An average of 72,603 units with an average value of $377,231 traded, compared to 133,184 units with an average value of $507,717 on the preceding trading day. The average for the month to date is 114,221 units for an average of $648,781 compared to 116,669 units valued at $664,754 on Wednesday and 129,138 units with an average value of $709,705 for October.
In trading activity, Access Financial Services traded 2,510 units to close at $20.50, Cargo Handlers rose 50 cents and closed with 3,000 units changing hands to close at $12.50, Caribbean Producers lost 5 cents in trading 11,500 units at $3.45, Derrimon Trading lost 12 cents in trading 42,482 shares to close at $4.88, General Accident fell by 30 cents and closed trading with 125,025 units at $2.85, Honey Bun with 222,321 shares changing hands lost 3 cents and closed at $5.60. Iron Rock Insurance traded 11,556 shares to end at $3, Jamaican Teas traded 6,384 shares to close at $3.99, with a decline of 1 cent. Jetcon Corporation gave up 5 cents and closed with 17,188 units changing hands at $5, Knutsford Express traded 1,000 units at $20, Lasco Distributors fell by 1 cent with 271,146 shares changing hands, to close at $6.60, Lasco Financial ended with 14,900 shares changing hands at $3.15. Lasco Manufacturing lost 10 cents and closed at $4.70 with 272,227 shares changing hands, Paramount Trading gain 10 cents with 14,600 units changing hands to close at $3.10.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Cargo Handlers, Caribbean Producers, Daily Trading, Derrimon Trading, General Accident, Honey Bun, Iron Rock Insurance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Paramount Trading, Trading Activity

Junior market falls on Monday

November 22, 2016 by IC Insider.com

The junior market index fell 11.77 points to end at 2,452.33 on Monday as the prices of just 1 stock rose and 6 declined with 9 securities trading, down from 17 on Friday. The gain for the junior market index for the year to date ended at 37 percent.
The volume of stocks traded dropped sharply on Monday with the volume dropped sharply by 88 percent from Friday’s level and ending with just 185,535 units changing hands, valued at $7,836,091, up 84 percent from $1,256,517
on Friday.
ICI Jm sum 21-11-16 Market activities ended with 6 securities closing with bids higher than their last selling prices and 6 ending with lower offers.
An average of 20,615 units with an average value of $139,613 traded, compared to 93,495 units with an average value of $460,947 on the preceding trading day. The average for the month to date is 122,319 units for an average of $715,032 compared to 129,584 units valued at $756,133 on Friday and 129,138 units with an average value of $709,705 for October.
In trading activity, AMG Packaging fell $1.59 and closed with 25,415 units changing hands at $18.51, ICI Jm trds 21-11-16 Caribbean Cream with 62,000 shares changing hands, rose 5 cents to close at $7.25, Consolidated Bakeries lost 10 cents in trading 2,000 shares to close at $2.30, Honey Bun with 23,868 shares changing hands, but lost 40 cents to end at $5.60. Jamaican Teas traded 4,449 shares and fell 11 cents to close at $3.99, KLE Group declined 5 cents and ended with 21,460 shares trading at $1.55. Lasco Financial ended with 44,000 shares changing hands at $3, Lasco Manufacturing closed at $4.80 with 882 shares changing hands and tTech lost 55 cents and ended with 1,450 shares changing hands at $5.20.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, C2W Music, CAC 2000, Cargo Handlers, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, General Accident, Honey Bun, Iron Rock Insurance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, junior market, Key Insurance, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Trading Activity, tTech

Paramount in Top 5 stocks to avoid

November 19, 2016 by IC Insider.com

Paramount Trading is selling at a PE of 17 & is now in the TOP stocks to avoid for now.

In a market that has stocks selling well below those with the highest valuation currently, based on 2016 earnings, investors should be focusing on stocks with lower valuations and avoid for now, the more pricy ones.
In certain cases it is not that some of the highest valued stocks will not perform well going forward. This may not be the time to buy them, as they are likely to underperform the overall market. A look at the performance of the TOP 5, reflects the situation very well.
Paramount Trading that has now entered the list to avoid, is the sole change, with Key Insurance moving out with recovery in profits in the September quarter. Paramount is the IC Insider’s TOP 5 best performer, rising with a gain of 181 percent since it entered the TOP list in September. Others to score big are, Access Financial Services with gains of 63 percent, Derrimon Trading up 58 percent, General Accident 50 percent followed by Jetcon with gains of 49 percent.

In the main market Barita Investments is up 45 percent JMMB Group is up 38 percent and National Commercial Bank rose 27 percent. The stocks in the list to avoid have hardly moved in contrast to the TOP 5 selections with the best gain being 38 percent with the next best being Kingston Wharves with 7 percent.
With expansion plans, Honey Bun and Paramount could enjoy a good 2017, the stocks of the companies may take some time to really pay off, if bought now. With Honey Bun into its new fiscal year, first quarter results due by February 2017, could be strong and therefore be a fuel for higher price. Investors should keep their eyes on 2017 as the current year winds to a close and next year having much opportunities for profitable investment, and what may appear pricey now could be attractive in 2017 as companies enjoy more growth.