Junior market trading closed with negligible movement in the index on Friday with an equal number of stocks falling and rising, with 13 securities being active. The index closing 0.35 points lower at 2,189.84 as 5 stocks gained and 7 declined. A total of 856,706 units traded, valued at $6,066,776.
A total of 7 stocks closed with bids higher than their last selling prices and 1 ended with a lower offer and pointing to the potential of a high number of stocks rising on Monday.
At the close, Caribbean Cream traded between $6.52 and the last price of $6.90 and lost 5 cents, with 72,600 shares changing hands, Caribbean Producers traded 52,141 shares, but fell 25 cents to end at $3.21. Consolidated Bakeries lost 10 cents in trading 61,000 shares to end at $2, Dolphin Cove gained 16 cents to close $12.91 with 3,000 shares changing hands. General Accident climbed 12 cents to close at $2.15 with 81,163 shares changing hands, Honey Bun with 166,090 shares changing hands, closed with a loss of 7 cents at $5.53, Iron Rock Insurance gained 5 cents in trading 13,000 shares to close at $3.25, Lasco Distributors ended with 86,000 shares changing hands, but fell 23 cents to $7.26. Lasco Financial ended with 193,151 shares changing hands but fell 15 cents to $3.25, Lasco Manufacturing closed at $4.90 with 116,561 shares trading, Medical Disposables traded 7,000 shares and gained 5 cents to close at $3.55. Paramount Trading climbed 50 cents to end with 4,000 shares changing hands at $11.50 and tTech gained 20 cents and ended with 1,000 shares changing hands at $4.
Juniors slip slightly on Friday
Juniors suffers slight fall on Thursday
Junior market trading closed slightly down on Thursday with more stocks falling than the number rising, with 17 securities being active and the index closing 2.80 points lower at 2,190.19 as 5 stocks gained and 7 declined. The market ended with 1,137,261 units traded, valued at $6,066,776.
A total of 5 stocks closed with bids higher than their last selling prices and 1 ended with a lower offer.
At the close, AMG Packaging traded 16,612 shares to close at $12.50, Blue Power with a fall of $1.18 with just 100 shares changing hands, at $15, CAC 2000 traded 70,925 shares at $6.50, Caribbean Cream fell 3 cents in closing at $6.95, with 21,326 shares traded, Caribbean Producers traded 25,000 shares and gained 26 cents to end at $3.46. Consolidated Bakeries traded 52,000 shares to end at $2.10, General Accident lost 12 cents to close at $2.03 with 42,000 shares changing hands, Iron Rock Insurance gained 2 cents in trading 25,000 shares and closed at $3.20, Jamaican Teas lost 30 cents in trading at $3.20 with 1,519 shares changing hands. Jetcon Corporation fell 15 cents to close at $2.55 with 50,000 shares changing hands, Key Insurance gained 5 cents in trading 3,163 shares at $2.60, Knutsford Express had 22,732 units changing hands, to close at $15, Lasco Distributors ended with 192,726 shares changing hands, but rose 19 cents to $7.49, Lasco Financial ended with 48,628 shares changing hands at $3.40. Lasco Manufacturing closed at $4.90 with 554,582 shares trading a decline of 10 cents. Medical Disposables traded 1,885 shares and gained 1 cent to close at $3.50 and tTech ended with 9,063 shares changing hands to end at $3.80.
Juniors gain – Wednesday
The junior market closed with the market index closing higher by 39.61 points to end at 2,083.69 with just 209,776 shares trading with a value of $1,025,220 from 9 active securities with 4 advancing 1 declining. Trading is down from the 14 securities that traded, accounting for 724,885 units valued at $2,996,936, on Tuesday.
The junior market was recording strong gains in the market index with Lasco Distributors‘ price climbing 50 cents to $6.55 while trading 22,000 shares and Caribbean Cream (Kremi) trading 74,400 shares at $5.50 without a change to the Tuesday’s closing price but climbing based on the input into the index movement. Investors were responding to Kremi’s 81 percent jump in profit, to $71 million, for the May quarter.
At the end of trading, 7 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
At the close, AMG Packaging ended at $12.51 with 5,051 units changing hands, General Accident traded 1,987 units at $2.05, Honey Bun gained 5 cents while trading 28,826 shares to close at $5.60, Iron Rock Insurance gained 15 cents in trading 49,100 shares and closed at $3.35. Jetcon Corporation had 43,056 units changing hands at $2.70, Key Insurance closed with 1,000 units changing hands at $2.65, after rising by 5 cents, Lasco Financial ended with 24,200 shares changing hands, at $3.40, after gaining 2 cents and Lasco Manufacturing closed at $5 with 9,256 shares trading and fell 1 cent.
Juniors closed mixed – Tuesday
At the end of trading, 7 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
At the close, AMG Packaging rose 10 cents to end at $12.51 with 100 units changing hands, CAC 2000 ended with 1,940 shares but lost 10 cents to close at $6.40, Caribbean Cream gained 40 cents with 153,892 shares up from 153,892 units on Monday changing hands to close at $5.50. The company reported a rise of 9 percent in sales to $316 million for the May quarter and a jump of 81 percent in profit to $71 million or earnings per share of 19 cents. Consolidated Bakeries fell 10 cents in trading 71,559 shares to close at $2, Derrimon Trading closed at $3 with 133,163 shares changing hands, General Accident lost 10 cents in trading 38,006 units at $2.05, Honey Bun traded 89,130 shares and lost 5 cents to close at $5.55. Iron Rock Insurance gained 15 cents in trading 49,100 shares and closed at $3.35. KLE fell 5 cents with 9,451 units changing hands at $1.15, Knutsford Express traded 3,336 units changing hands at $14.70, Lasco Distributors traded 2,586 units and rose 5 cents to end at $6.05. Lasco Financial ended with 30,000 shares changing hands, at $3.38, after gaining 23 cents, Lasco Manufacturing closed at $5.01 with 39,074 shares trading and rose 1 cent in the process and Medical Disposables traded 12,232 shares to close with a loss of 40 cents at $3.05.
The volumes for the highest closing bids and lowest offers were not available for publication.
Juniors hit by 6 losers – Tuesday
The junior market closed trading on Tuesday with the market index falling 16.25 points, to close at 2,190.45. A total of 13 active securities with only 450,190 shares valued at $1,993,763, changing hands. At the close, 4 stocks advanced and 6 declined.
At the end of trading 7 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, CAC 2000 gained 1 cent with 1,500 shares changing hands, to end at $6.56, Investors reacted negatively to the release by the Caribbean Producers on Monday, about a write down of inventory and other charges, by marking the stock down by 78 cents, in trading 100,545 shares to close at $3.90.At the close there were bids to buy 2,000 units at $3.85 and 50,000 units at $3.50 then 200,000 units at $3, offers are 98,000 at $4.68 and $4.69 with 50,000 units at $4.75. Dolphin Cove traded 6,282 shares to end with a rise of 35 cents at $12, General Accident Insurance closed at $2.05 with 46,820 units trading, Honey Bun fell 10 cents to close at $5.50, with 76,633 units changing hands, Iron Rock Insurance traded 9,000 shares and fell 5 cents to close at $3.30. Jamaican Teas traded 1,800 shares to close at $3.80, Jetcon Corporation lost 35 cents in trading 54,044 units to close at $2.60, Lasco Distributors rose 2 cents while trading 23,496 units to end at $7.40, Lasco Financial ended with 10,098 shares changing hands at $3.20. Lasco Manufacturing fell 1 cent and closed at $5 with 119,342 shares trading, Medical Disposables gained 5 cents in trading 530 shares to close at $3.45 and tTech declined by 10 cents in trading 100 units to close at $4.40.
Juniors enter July with gains – Friday
At the end of trading 6 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers.
At the end of trading, Blue Power closed at a new high of $16 with 3,881 units trading to gain $1, Caribbean Cream gained 50 cents with 96,989 shares changing hands, to end at a new closing high of $5.50. Out of favour, Caribbean Flavours, lost 5 cents in trading 11,039 shares at $6.51, Consolidated Bakeries gained 20 cents with 373,576 units changing hands, to close at $2, Dolphin Cove traded 5,000 shares, to end with a rise of 10 cents at $11.75, General Accident Insurance closed at $2.05 with 4,147 units trading. Honey Bun gained 45 cents to close at $6.05 with 58,441 units changing hands, Knutsford Express traded a mere 200 shares to end at $17.50, Lasco Distributors traded 76,398 units to end at $7.50, Lasco Financial ended with 2,713 shares changing hands at $3.45. Lasco Manufacturing closed at $5 with 301,603 shares trading, Medical Disposables traded 400 shares to close at $3.40 and tTech gained 50 cents in trading 746,761 units to close at $4.50.