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.
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, 
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.
Junior market falls on Monday
Paramount in Top 5 stocks to avoid
Paramount Trading is selling at a PE of 17 & is now in the TOP stocks to avoid for now.
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.
Juniors market trading picks up – Friday
The junior market index fell 7.64 points to end at 2,464.10 on Friday as the prices of 10 stocks rose and 5 declined with 17 securities trading. The gain for the junior market index for the year to date remained at 38 percent.
The volume of stocks traded dropped sharply on Friday with the volume jumped sharply by 165 percent from Thursday’s level and ending with just 1,589,420 units changing hands, valued at $7,836,091, up 239 percent from $2,314,012 on Thursday.
Market activities ended with 9 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
An average of 93,495 units with an average value of $460,947 traded, compared to 50,000 units with an average value of $192,834 on the preceding trading day. 
The average for the month to date is 129,584 units for an average of $756,133 compared to 132,360 units valued at $778,840 on Thursday and 129,138 units with an average value of $709,705 for October.
In trading activity, AMG Packaging rose $1.10 and closed with 25,000 units changing hands at $20.10, CAC2000 traded 1,600 shares at $4.11 after gaining 11 cents, Cargo Handlers gained 20 cents and closed with 7,320 shares changing hands at $7.80, Caribbean Cream with 225,000 shares changing hands, lost 10 cents to close at $7.20. Caribbean Producers traded 476,500 shares to end with a gain of 18 cents at $3.48, Consolidated Bakeries rose 20 cents in trading 3,055 shares to close at $2.40, General Accident rose 5 cents and closed trading with 32,073 units at $3.15, 
Honey Bun with 38,833 shares changing hands, added by 20 cents to end at $6. Jamaican Teas traded 4,000 shares and rose 20 cents to close at $4.10, Jetcon Corporation traded 46,554 shares to close at $5.20, Key Insurance traded 1,300 shares and closed at $2.15, Lasco Distributors declined 50 cents and ended with 30,761 shares trading at $6.50. Lasco Financial fell 20 cents and ended with 77,603 shares changing hands at $3, Lasco Manufacturing closed at $4.80 with 512,207 shares changing hands after falling 10 cents. Medical Disposables traded 50,000 shares to close with a loss of 53 cents at $4.25, Paramount Trading rose 10 cents to end at $3.95 with 27,614 shares changing hands and tTech climbed 65 cents and ended with 30,000 shares changing hands at $5.75.
Juniors drop to 2,446.29 – Wednesday
The junior market traded at a new intraday high of 2,522.83 on Tuesday but closed at 2,485.13 and continued the decline with a sharp 38.84 points fall on Wednesday, to close at 2,446.29 even as the prices more stocks rose than declined. The fall in the market index brings the gain for the year to date at 37 percent
The volume of stocks traded rose on Wednesday with the volume climbing 46 percent from Tuesday’s level and ending with 1,885,054 units changing hands, valued at $7,271,634, up 32 percent from $5,509,660 on Tuesday.
At the close of trading, 14 securities changed hands, down from 17 on Tuesday. 6 stocks advanced and 4 declined, including 1 that traded at a 52 weeks’ intra-day high.
Market activities ended with 7 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
An average of 134,647 units with an average value of $519,402 traded, compared to 75,933 units with an average value of $324,098 on the preceding trading day. The average for the month to date is 139,223 units for an average of $827,673 compared to 139,639 units valued at $855,698 on Tuesday and 129,138 units with an average value of $709,705 for October.
In trading activity, Caribbean Cream regained 20 cents and closed with 122,116 shares changing hands at $7.30, Caribbean Flavours traded 3,350 units to end at $8.50, Caribbean Producers rose 9 cents in trading 485,148 shares to end at $3.30, C2W Music traded 1,000 shares and rose 2 cents to 25 cents. Dolphin Cove ended at $15.29 with 2,174 shares trading, General Accident loss 5 cents and closed with 500,000 units changing hands to end at $3.10, Honey Bun with 7,330 shares changing hands rose 19 cents and closed at $6.09,
Jetcon Corporation traded 20,100 shares to close at $5.02, but traded as high as $for an intraday all-time high. Key Insurance gained 15 cents with 145,963 shares trading to end at $2.15, in response to the company posting improved results for the September quarter compared to a loss in the June quarter, KLE Group climbed 10 cents in trading 70,000 shares and closed at $1.70. Lasco Distributors ended with 92,344 shares trading at $6.50, after declining by 39 cents, Lasco Financial ended with 4,651 shares changing hands at $3.10, Lasco Manufacturing closed at $4.75 with 380,890 shares changing hands after slipping 15 cents and Paramount Trading lost 1 cent to end at $4 with 49,988 shares changing hands.
Record 2,522 points for juniors – Tuesday
Jetcon closed at a new high on Tuesday with a rise of 275% in its Q3 profit.
Trading that was slow on Monday picked up steam on Tuesday with many more securities trading with higher volumes. Trading closed on Tuesday with the market index falling 10.09 points to close with 2,485.13 points, bringing the gain for the year to date at 39 percent.
The volume of stocks traded that fell sharply on Monday, surged on Tuesday with the volume jumping 310 percent from Monday’s levels and ending with just 1,290,866 units changing hands, valued at $5,509,660, up 279 percent from $754,871 on Monday.
At the close of trading 17 securities traded, up from 11 on Monday, while 9 stocks advanced but a number of them rose by just one or two cents and 8 declining, including 3 that traded at a 52 weeks’ high.
Market activities ended with 6 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.An average of 75,933 units with an average value of $324,098 traded, compared to 34,104 units with an average value of $56,558 on the preceding trading day. The average for the month to date is 139,639 units for an average of $855,698 compared to 129,138 units at $709,705 for October.
In trading activity, Access Financial rose 2 cents with 727 shares changing hands to close at $20.08, AMG Packaging fell 50 cents and ended with 3,951 shares changing hands at $19, Caribbean Cream fell 65 cents and closed with 67,195 shares changing hands at $7. Caribbean Flavours traded 5,000 units to end at $8.50 with a fall of 1 cent, Caribbean Producers fell 29 cents in trading 60,000 shares to end at $3.21, Consolidated Bakeries lost 25 cents in trading 304,000 shares to close at $2.20, General Accident gained 3 cents and closed with 2,571 units changing hands at a 52 weeks’ closing high of $3.15. Honey Bun with 22,900 shares changing hands rose 40 cents and closed at $5.90, Jamaican Teas traded 11,900 shares and gained 10 cents to close at $4, Jetcon Corporation traded 227,000 shares and gained 2 cents to close at 52 weeks’ closing high of
$5.02, KLE Group climbed 45 cents in traded 41,500 shares and closed at $1.60. Lasco Distributors ended with 78,438 shares trading at $6.90, after declining by 1 cent, Lasco Financial ended with 45,120 shares changing hands at $3.10, after rising 10 cents, Lasco Manufacturing closed at $4.89 with 153,518 shares changing hands after slipping 1 cent. Medical Disposables lost 2 cents in trading 5,400 units, to end at $4.78, Paramount Trading price hit an intraday all-time high of $4.70 in early trading, but rose 1 cent to a new all-time closing high of $4.01 with 151,218 shares changing hands and tTech fell 70 cents and ended with 110,428 shares changing hands at $5.10.
Juniors on edge of new record – Friday
General Accident traded at a new high on the junior market on Friday.
Trading volume had a sharp drop of 94 percent from Thursday’s levels, ending with just 647,967 units changing hands, valued at a mere $1,074,606, down 99 percent from $76,439,888 on Thursday.
At the close of trading 19 securities traded, up from 16 on Thursday, resulting in 8 stocks advancing and 6 declining, including 2 that traded at an all-time high and one at an intraday high.
The market index climbed 27.57 points to close with 2,481.66 points, just below the all-time record of 2,482.44, reached on Monday, putting the gain for the year to date, to 39 percent.
Market activities ended with 9 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
Paramount Trading share price was adjusted to reflect the 10 for 1 stock split approved at the end of October trading at a new high of $3.90 with a gain of 50 cents with just 1,000 shares be active. The stock is up 333 percent for 2016 and an astonishing 1,500 percent since it went public in December 2012.An average of 34,104 units with an average value of $56,558 traded, compared to 703,152 units with an average value of $4,777,493 on the preceding trading day. The average for the month to date is 160,784 units for an average of $1,002,217 compared to 129,138 units at $709,705 for October.
In trading activity, AMG Packaging slipped 30 cents and ended with 3,530 shares changing hands at $19.50, Cargo Handlers ended with 800 shares trading at $11.80 after falling 30 cents, Caribbean Cream closed with 2,213 shares changing hands and regained 20 cents to end at $8, Consolidated Bakeries lost 5 cents in trading just 100 shares to end at $2.45. C2W Music traded 650 shares to end at 23 cents, Derrimon Trading ended at $5 with 4,800 shares changing hands, after rising by 40 cents, Dolphin Cove closed with 300 units changing hands at $15.29, General Accident rose 12 cents and
closed trading with 23,850 units at a 52 weeks’ high of $3.12. Honey Bun with 10,162 shares changing hands lost 30 cents and closed at $5.70, Jamaican Teas traded 1,085 shares to close at $3.90, Jetcon Corporation traded 48,759 shares and fell 1 cent in closing at $4.99 but the stock traded at a 52 weeks’ intraday high of $5.01. KLE Group traded 62,225 shares and rose 2 cents to $1.15, Lasco Distributors ended with 20,083 shares trading at $7, after rising by 10 cents, Lasco Financial ended with just 25,537 shares changing hands but fell 13 cents to close at $3, Lasco Manufacturing closed at $4.90 with 29,538 shares changing hands. Medical Disposables traded 2,225 units, gained 20 cents to end at $4.80, tTech gained 7 cents and ended with 17,900 shares changing hands at $5.12 and Eppley 9.5% cumulative preference share, ended with 1,382 units changing hands at $6.18.
Juniors down sharply on Tuesday
The junior market index fell back sharply from on Tuesday the record close on Monday with the market index sinking 72.48 points to 2,409.96 pulling the gain for the year to date down to 35 percent, with Lasco Distributors falling as low as $6 and closing with an average price of $6.27.
At the close of trading 12 securities traded, versus 16 on Monday resulting in 4 stocks advancing and 5 declining, including 1 that traded at an all-time low. Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
Trading volume climbed 103 percent from Monday’s levels, ending with 1,268,960 units changing hands, while value traded, rose 75 percent to $6,437,908 from $3,677,838 on Monday.
An average of 105,747 units with an average value of $536,492 traded, compared to 39,243 units with an average value of $229,855 on the preceding trading day. 
The average for the month to date is 91,238 units at $508,614 compared to 129,138 units at $709,705 for October.
In trading activity, CAC 2000 lost 50 cents and traded 5,000 units and closed at a 52 weeks’ low of $4, as investors step in pick up the at the low price after they previously reacted negatively to the impact of the loss from the lawsuit for damages on the company’s finances. Cargo Handlers ended with a loss of 50 cents with 12,993 shares changing hands at $12, Caribbean Cream closed with 13,200 shares changing hands and rose 40 cents to end at $8. Caribbean Producers rose 9 cents and closed trading with 14,179 units at $3.50, 
Derrimon Trading closed with 3,500 units changing hands with a loss of 20 to end at $4.80. Dolphin Cove traded 1,059 shares and closed at $15.49, General Accident had 68,000 shares changing hands and closed at $3, Jetcon Corporation traded 117,486 shares in closing and gained 5 cents in closing at $4.65 after it traded at $5 in early trading, KLE Group lost 17 cents in closing at $1.13 with 25,847 shares changing hands. Lasco Distributors ended with 389,146 shares trading to close at $7, the stock traded as low as $6 during the morning session. Lasco Financial lost 20 cents and ended with 82,359 shares changing hands to close at $2.90, Lasco Manufacturing rose 5 cents and closed at $4.90 with 536,191 shares changing hands.
Juniors falter but 8 stocks rose – Friday
Paramount closed at a new all-time high of $29.
Trading volume dropped 30 percent from Thursday’s levels, ending with 1,625,906 units changing hands, while value traded, declined 16 percent to $9,305,449 from $11,077,945 on Thursday.
An average of 116,136 units with an average value of $664,675 traded, compared to 193,512 units with an average value of $923,162 on the preceding trading day.
The average for the month to date is 100,635 units at $571,332 compared to 129,138 units at $709,705 for October.At the close of the market, 14 securities traded, versus 12 on Thursday resulting in 8 stocks advancing and 2 declining. The market closed with 2 stocks hitting a record highs and 1 at a low. Market activities ended with 7 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In trading activity, AMG Packaging gained $1 and ended with 10,390 shares changing hands at $19.50, CAC 2000 traded 1,000 units and closed at a new low of $4.50 having lost 60 cents, as investors continue to react negatively to the impact of the loss from the lawsuit for damages on the company’s finances. Cargo Handlers ended with a gain of $1.20 with 32,200 shares changing hands at a new closing high of $12.50, Caribbean Cream closed with 1,000 shares changing hands and rose 24 cents to end at $7.85.
Caribbean Producers gained 8 cents and closed trading with 145,000 units at $3.58, Dolphin Cove closed with 200 units changing hands and gained 20 cents to end at $15.49, Honey Bun with 100 shares changing hands closed at $6.10, Iron Rock Insurance traded 900 shares and gained 30 cents to end at $3.60. Knutsford Express traded 2,600 shares in closing at $22, Lasco Distributors ended with 957,467 shares trading to close at $7. Lasco Financial rose by 10 cents with 345,100 shares changing hands to close at $3.10, Lasco Manufacturing fell 5 cents and closed at $4.95 with 128,758 shares changing hands, Medical Disposables traded just 500 units but rose 15 cents to $5.55 and Paramount Trading jumped $2 with 691 units changing hands to close at new high of $29.
Juniors 11 points short of record – Thursday
The junior market within touch of record territory
Trading volume jumped 345 percent from Wednesday’s levels, ending with 2,322,147 units changing hands, while value traded, climbed 48 percent to $11,077,945 from $7,467,867 on Wednesday.
An average of 193,512 units with an average value of $923,162 traded, compared to of 27,445 units
with an average value of $393,046 on the preceding trading day. The average for the month to date is 95,468 units at $540,218 compared to 129,138 units at $709,705 for October.At the close of the market on 12 securities traded, versus 19 on Wednesday resulting in 4 stocks advancing and 2 declining. Market activities ended with 8 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In trading activity, AMG Packaging gained $1 and ended with 5,000 shares changing hands at $19.50, Cargo Handlers ended with a gain of 30 cents with 3,203 shares changing hands at $11.30, Caribbean Cream closed with 15,780 shares changing hands and rose 55 cents to end at $7.61.
Caribbean Producers lost 15 cents and closed trading with 6,062 units at $3.50, Derrimon Trading closed with 892 units changing hands and gained 20 cents to end at $4.80, General Accident Insurance traded 994,028 shares at $3. Honey Bun with 309 shares changing hands closed at $6.10, Knutsford Express traded 1,676 shares in closing at $22, Lasco Distributors ended with 966,639 shares trading to close at $7. Lasco Financial lost 15 cents with 322,358 shares changing hands to close at $3, Lasco Manufacturing closed at $5 with 5,000 shares and Paramount Trading had 1,000 units changing hands to close at $27.
Juniors just 19 points from record – Wednesday
Paramount Trading closed at a new all-time high of $27.
Trading volume rosed 47 percent from Tuesday’s levels, ending with 521,462 units changing hands, while value traded, climbed 64 percent to $7,467,867 from $4,566,702 on Tuesday. Wednesday’s trades include 30,000 units of Jamaican Teas bond with a value of $3 million.
An average of 27,445 units with an average value of $393,046 traded, compared to 65,446 units with an average value of $304,447 on the preceding trading day. The average for the month to date is 46,446 units at $348,746 compared to 129,138 units at $709,705 for October.
At the close of the market on 19 securities traded, versus 15 on Tuesday resulting in 6 stocks advancing and 4 declining. Market activities ended with 9 securities closing with bids higher than their last selling prices and 2 ending with lower offers. One stock closed at a new high and one traded at an intraday high.In trading activity, AMG Packaging ended with 51,684 shares changing hands at $18.50, Cargo Handlers ended with 127,729 shares changing hands at $11 but traded at an intraday high of $12.50. Caribbean Cream closed with 102,300 shares changing hands and lost 46 cents to end at $7.06, Caribbean Flavours traded 17,460 units and gained 2 cents to end at $8.40. Caribbean Producers closed trading with 1,297 units at $3.65, C2W Music closed with 12,000 units changing hands and gained 1 cent to close at 25 cents, Dolphin Cove traded 480 units and jumped $2.79 to $15.29, General Accident Insurance fell 2 cents in trading 100 shares at $3.
Honey Bun with 26,121 shares changing hands closed at $6.10, Iron Rock Insurance had 2,000 units trading and ended at $3.30. Jamaican Teas traded 8,000 shares to close at $4, Knutsford Express lost 50 cents in trading 5,000 shares in closing at $22, Lasco Distributors ended with 50,000 shares trading to close at $7. Lasco Financial ended with 3,065 shares changing hands to close at $3.15, Lasco Manufacturing closed at $5 with 33,336 shares after falling 10 cents, Medical Disposables rose 40 cents to end at $5 with 43,590 shares changing hands. Paramount Trading had 1,450 units changing hands to close at a new all-time high of $27 after rising $3 and tTech traded 5,850 units with a gain of 5 cents to close at $5.05.
