3 new highs for Junior Market – Friday

Iron Rock hits 52 weeks’ high of $4.07 on Friday.

The Junior Market move higher at the close of trading on Friday rising just 0.99 points to close at 3,126.60 as the number of declining and advancing stocks were equal for a second day.
At the end of market activity, three stocks traded at a 52 weeks’ high and one closed at a 52 weeks’ low.
The market closed with, 1,989,152 units valued at $15,833,325.80 compared to 17,879,196 units valued at $94,384,927 on Thursday and ended with 26 securities changing hands, compared to 22 on Thursday, with 10 advancing, 10 falling and 6 remaining unchanged.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 8 stocks ending with bids higher than their last selling prices, 3 closed with lower offers.
Trading closed with an average of 76,506 units for an average of $608,974 in contrast to 812,691 units for an average of $4,290,224 on Thursday. The average volume and value for the month to date amounts to 213,423 units valued at $1,178,519, compared to 245,494 units valued at $1,311,926 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial closed at $36, exchanging 1,800 shares, AMG Packaging ended with a loss of 9 cents at $1.91, trading 7,000 stock units, Blue Power concluded trading at $40, with 4,820 units, Cargo Handlers settled with a loss of 89 cents at $10, trading 310,120 shares, Caribbean Flavours traded 5,000 stock units and rose 50 cents to $13. Derrimon Trading concluded trading of 236,050 shares and rose $1 to a 52 weeks’ high of $24, after trading at $25 ahead of the close as news broke that the company entered into an agreement to acquire Woodcats International. Dolphin Cove finished at $16.50, with 816 stock units changing hands, Elite Diagnostic settled 15 cents higher at $2.90, with 90,678 units, Everything Fresh traded 157,069 shares and lost 1 cent to end at 1.90, Express Catering traded 72,934 shares and ended 10 cents higher at a 52 weeks’ high of $8.10. FosRich Group finished trading 26,184 shares with a loss of 7 cents to end at $2.90, General Accident climbed 40 cents to $3.80, after trading 8,350 stock units, Honey Bun concluded trading with a loss of 41 cents at $3.90, with 1,000 shares, Iron Rock jumped 92 cents higher to close at a 52 weeks’ high of $4.07, with 553,112 shares changing hands. Jamaican Teas ended trading with a loss of 15 cents at $3.90, with 5,000 stock units, Jetcon Corporation traded at $4, with 29,302 units, Key Insurance finished trading 12,547 shares with a loss of 45 cents to end at $3.02, Knutsford Express ended with a loss of 21 cents at 52 weeks’ low of $11.30, after exchanging 2,000 shares. Lasco Distributors concluded trading at $4, with 4,740 stock units, Lasco Financial traded 68,728 units and finished 39 cents higher at $5.79, Lasco Manufacturing rose 7 cents to end at $4, trading 38,000 shares, Main Event ended trading with a loss of 85 cents at $6, with 15,400 shares traded. Medical Disposables traded 92,420 shares and rose 40 cents to $6.40, Stationery and Office closed at $9 after gaining 97 cents with 238,725 units changing hands and tTech concluded trading at $5, with 2,357 shares trading. In the junior market preference segment, Eppley 8.25% concluded trading with a loss of 1 cent at $6.20, with 5,000 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market bounces – Thursday

The Junior Market move higher at the close of trading on Thursday rising 39.96 points to close at 3,125.61 as the number of declining and advancing stocks were equal but with a bounce in volume.
The market closed with, 17,879,196 units valued at $94,384,927 compared to 6,775,011 units valued at $40,419,386. on Wednesday. Lasco Financial accounted for bulk of the trade with 16.75 million units.
Trading ended with 22 securities changing hands, compared to 22 on Wednesday, with just 6 advancing, 6 falling and 10 remaining unchanged. General Accident traded at a 52 weeks’ high of $3.90 but closed lower at $3.40.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 7 stocks ending with bids higher than their last selling prices, 2 closed with lower offers.
Trading closed with an average of 812,691 units for an average of $4,290,224 in contrast to 307,955 units for an average of $1,837,245 on Wednesday. The average volume and value for the month to date amounts to 245,494 units valued at $1,311,926, compared to 105,288 units valued at $575,717 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial closed at $36, trading 4,041 shares, AMG Packaging ended 10 cents higher at $2, exchanging 1,200 stock units, Blue Power concluded trading at $40, with 200 units, Caribbean Producers finished trading 100,000 units but lost 27 cents at $6.50, Derrimon Trading concluded trading 15,000 shares at $23. Elite Diagnostic settled at $2.75, trading 6,000 units, Eppley ended trading 78 cents higher at $9.96, with 15,030 shares, Everything Fresh traded 96,968 shares and lost 7 cents to end at $1.91. Express Catering traded with a loss of 10 cents at $8, with 41,451 shares changing hands, FosRich Group finished trading 41,146 shares and rose 40 cents to $2.97, with shares. General Accident closed with a loss of 46 cents at $3.40, trading 27,032 stock units, Honey Bun concluded trading and rose 6 cents to $4.31, with 7,000 shares, Iron Rock finished trading at $3.15, with 50,052 shares, Jamaican Teas ended trading 5 cents higher at $4.05, with 25,091 stock units changing hands. Jetcon Corporation traded 18,720 units at $4, Lasco Distributors concluded trading 412,642 stock units, at $4, Lasco Financial finished 10 cents higher at $5.40, with 16,753,104 units, Lasco Manufacturing settled at $3.93, exchanging 40,000 shares. Main Event ended trading at $6.85, with 2,006 shares changing hands, Medical Disposables traded with a loss of 20 cents at $6, with 50,000 shares and Stationery and Office closed with a loss of 1 cent at $8.03, trading 72,513 units. In the junior market preference segment, Eppley 9.5% finished at $5.98, with 100,000 shares.
Prices of securities trading for the day are those at which the last trade took place.

Honey Bun profit up modestly in Q3

Sales for the three months ended June 2018, rose 15 percent to $332 million over the 2017 out turn of $289 million at Honey Bun, but profit before tax was just $9 million, 5 percent higher than the $8.6 million earned in the corresponding prior year period.
Profit after tax rose to $9.7 million up from $7.55 million as a provision of $1 million in taxes in 2017 turned into $695,000 in 2018. Management stated in their release to shareholders that “this has been as a result of continued investment in production capacity and restructuring of distribution.”
Year to date, sales for the nine months, were $1 billion up 4 percent over the corresponding 2017 period’s income of $969 million, leading to profit before tax of $80 million, 17 percent lower than in the previous year. After taxation of $8.3 million for the nine months, profit declined to $72 million from $84.7 million in 2017, after taxation for $12 million.
Earnings per share for the quarter amounts to just 2 cents and for the nine months period year to date amounted to 15 cents. Honey Bun’s last quarter is not the most robust for the fiscal year so not much improvement is expected when the year ends in September.
Even as the net profit was disappointing, there were some good signs. Gross margin increased to 44.1 percent from 42.4 percent in 2017 for the June quarter and from 43.2 percent to 45.2 percent for the nine months. Gross profit rose 19 percent to $146 million for the quarter but was up 8 percent for the year to date period to $455 million.
Marketing and Distribution cost rose 32 percent in the quarter to $61 million and 37 percent to $164 million while Administrative Expenses rose 14 percent for the quarter to $63 million and was flat at $166 million for the nine months. Depreciation moved up by 9 percent to $12.3 million for the quarter and 11 percent to $36 million for the year to date.
“The Company’s asset base has grown as a result of the investment in the expanded facilities. This investment will allow the company to take advantage of the strong market demand for our products.

One Honey Bun’s Products.

In April of this year Honey Bun launched its new Buccaneer Jamaica pocket size rum cakes in 3 flavors at the Jamaica Expo. We have entered two new markets with further interest from other buyers in existing markets,” Michelle Chong Chief Executive Officer, informed shareholders.
Operations brought in $113 million in cash for the nine months of which $93 million was used as payment for fixed assets and $18.6 million in dividends resulting in $84 million in cash at the end of the period.
Shareholders’ Equity grew to $600 million at the end of June, current assets fell to $212 million and current liabilities fell to $84 million from $117 million in 2017. Fixed assets rose to $441 million from $368 million in 2017 and borrowed funds stood at just $31 million.

3 new highs as Junior Market dives – Wednesday

Caribbean Producers traded at a 52 weeks’ high with the largest block of shares on Wednesday.

The Junior Market snapped badly on Wednesday, sending the index down a sizable 65.25 points to 3,085.65 as Access Financial dived $10.50 leading falling prices to have the upper hand even as 3 securities closed at 52 weeks’ highs.
Trading ended with 22 securities changing hands, compared to 25 on Tuesday, with just 5 advancing, 12 falling and 5 remaining unchanged as 3 stocks hit new 52 weeks’ highs and one at a low. The market closed with, 6,775,011 units valued at $40,419,386 trading, compared to 510,714 units valued at $2,313,622 on Tuesday. Caribbean Producers finished trading at a 52 weeks’ high of $6.77, exchanging 5.3 million units, Express Catering also closed trading at a 52 weeks’ high, of $8.10, General Accident closed at a 52 weeks’ high of $3.86 and AMG Packaging closed at a 52 weeks’ low of $1.90
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 3 closed with lower offers.
Trading closed with an average of 307,955 units for an average of $1,837,245 in contrast to 20,429 units for an average of $92,545 on Tuesday. The average volume and value for the month to date amounts to 105,288 units valued at $575,717, compared to 38,741 units valued at $161,485. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial closed with a loss of $10.50 to $36, with 1,000 shares, but ended with the bid at $46 to buy 500 units. AMG Packaging lost 10 cents to close at a 52 weeks’ low of $1.90, with 62,500 stock units, Caribbean Producers finished trading 55 cents higher to a 52 weeks’ high of $6.77, with 5,275,108 units, C2W Music ended at $1.71, with 33,179 shares trading, Elite Diagnostic settled with a loss of 15 cents at $2.75, trading 53,599 units. Eppley ordinary share ended trading of 570 shares with a loss of 80 cents to $9.18, Everything Fresh traded 45,328 shares to end at $1.98. Express Catering traded 6,659 shares after gaining 10 cents to a 52 weeks’ high of $8.10, FosRich Group finished trading 5 cents higher at $2.57, with 2,150 shares changing hands, General Accident closed 39 cents higher at a 52 weeks’ high of $3.86, exchanging 6,949 stock units. Honey Bun concluded trading with a loss of 26 cents at $4.25, with 523,466 shares, after the company posted modest profit in its June quarter and lower profit year to date. Jamaican Teas ended trading 48,384 stock units with a loss of 30 cents at $4, Jetcon Corporation fell 5 cents to $4, with 138,272 units, KLE Group closed with a loss of 50 cents at $2.50, trading 7,933 shares. Knutsford Express dropped 44 cents to $11.51, trading 6,900 shares, Lasco Distributors concluded trading 5,698 stock units at $4, Lasco Financial finished trading 60,817 units and closed 5 cents higher at $5.30, Lasco Manufacturing settled with a loss of 22 cents at $3.93, after exchanging 418,473 shares. Main Event ended trading 3,494 shares and lost 26 cents to $6.85, Medical Disposables traded 63,387 shares with a loss of 48 cents to close at $6.20 and Stationery and Office closed at $8.04, with 3,000 units trading. In the junior market preference segment, Eppley 9.5% finished trading 8,150 shares at $5.98.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market continues to climb – Tuesday

The Junior Market Index moved higher by 20.70 points to close at 3,150.90 on Tuesday after closing on Monday, for the Independence Day public holiday and being up in 6 of the last 7 trading sessions.
Trading ended with 25 securities changing hands, compared to 23 on Friday, with 7 advancing, 4 falling and 14 remaining unchanged. Medical Disposables traded at a 52 weeks’ high after June Quarter profit climbed sharply. The market closed with, 510,714 units valued at $2,313,622.29 changing hands, compared to 771,621 units valued at $2,972,863 on Friday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 2 stocks ending with bids higher than their last selling prices, one with a lower offer.
Trading closed with an average of 20,429 units for an average of $92,545 in contrast to 57,100 units for an average of $240,564 on Friday. The average volume and value for the month to date amounts to 38,741 units valued at $161,485, compared to 49,641 units valued at $202,520. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, AMG Packaging ended at $2, after trading 4,221 stock units, Blue Power concluded trading 513 units at $40, CAC 2000 finished at $9, with 5,383 shares changing hands, Cargo Handlers settled at $10.89, in exchanging 6,000 shares, Caribbean Cream ended trading 5,395 shares rising 30 cents higher at $5.80. Caribbean Flavours traded with a loss of 20 cents at $12.50, with 3,000 stock units changing hands, Caribbean Producers finished trading 911 units at $6.22, Consolidated Bakeries closed at $2.16, exchanging 7,500 shares, C2W Music ended at $1.71, with 8,000 shares changing hands. Derrimon Trading ended at $23, with 19,545 units changing hands, Elite Diagnostic finished at $2.90, trading 28,545 stock units, Everything Fresh traded 198,030 shares to end at $1.98. Express Catering ended trading 29,883 shares and rose 5 cents to $8, General Accident finished trading 14 cents higher at $3.47, while exchanging 3,570 shares, GWest Corporation closed at $2.20, with 49,760 stock units changing hands. Honey Bun ended at $4.51, trading 5,505 units, Jamaican Teas settled with a loss of 20 cents at $4.30, with 11,758 shares, Jetcon Corporation ended trading 4,900 stock units and gained 2 cents to $4.05, KLE Group finished trading at $3, with 2,791 shares. Knutsford Express closed 44 cents higher at $11.95, trading 3,022 shares, Lasco Distributors ended at $4, with 45,380 shares changing hands, Lasco Manufacturing finished 5 cents higher at $4.15, with 9,796 units, Medical Disposables jumped 88 cents higher to close at a 52 weeks’ high of $6.68, with 1,793 shares, Stationery and Office fell 8 cents to $8.04, with 50,993 stock units and tTech ended with a loss of 25 cents at $5, trading 4,520 shares.
Prices of securities trading for the day are those at which the last trade took place.

More gains for Junior Market – Friday

The Junior Market Index climbed higher by 19.74 points to close at 3,130.20 on Friday as 23 securities changed hands, compared to 19 on Thursday, with 9 advancing, 8 falling and 6 remaining unchanged.
The market closed with, 771,621 units valued at $2,972,863 changing hands, compared to 3,659,666 units valued at $16,503,092 on Thursday. The market will be closed on Monday, Independence day public Holiday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, one with a lower offer.
Trading closed with an average of 57,100 units for an average of $240,564 in contrast to 40,612 units for an average of $156,466 on Thursday. The average volume and value for the month to date amounts to 49,641 units valued at $202,520. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial traded 500 shares and closed with a loss of 50 cents at $46.50, AMG Packaging ended at $2, trading 2,350 stock units, Caribbean Cream ended trading with a loss of 27 cents at $5.50, in exchanging 12,086 shares, Caribbean Producers gained 32 cents to close at $6.22, with 60,659 units trading, Consolidated Bakeries closed 6 cents higher at $2.16, with 20,000 shares. Derrimon Trading jumped $2.37 to $23, in exchanging 500 shares, Dolphin Cove finished trading at $16.50, with 5,047 stock units, Elite Diagnostic settled at $2.90, exchanging 49,649 units, Everything Fresh traded 7,795 shares but lost 2 cents to end at $1.98, Express Catering traded with a loss of 5 cents at $7.95, with 18,000 shares. FosRich Group finished trading with a loss of 45 cents at $2.52, exchanging 52,712 shares, GWest Corporation ended at $2.20, with 1,220 units, Honey Bun concluded trading 8,667 shares with a loss of 14 cents to $4.51, Jamaican Teas jumped 65 cents to $4.50, trading 12,298 stock units. Jetcon Corporation traded with a loss of 8 cents at $4.03, after 13,432 units were exchanged, Lasco Distributors concluded trading 2 cents higher at $4, with 162,200 stock units changing hands, Lasco Financial added 5 cents and closed at $5.25, with 173,650 units, Lasco Manufacturing settled 8 cents higher at $4.10, trading 53,978 shares. Main Event ended trading with a loss of 39 cents at $7.11, with 11,269 shares and Stationery and Office Supplies rose 2 cents to $8.12, with 13,781 units. In the junior market preference segment, Derrimon Trading 9% ended at $2.50, with 422,708 stock units, Eppley 8.25% concluded trading 171,500 units and rose 10 cents to $6.21 and Eppley 8.75% settled at $6, with 39,300 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Modest slip for Junior Market – Tuesday

Lasco Financial traded 1.5 million shares on Tuesday.

The Junior Market Index declined by a mere 4.42 points to close at 3,102.14 on Tuesday as 28 securities changed hands, compared to 27 on Monday, with 11 advancing, 9 falling and 8 remaining unchanged.
At the close of market activity, 3,659,666 units valued at $16,503,092 traded compared to 1,680,855 units valued at $8,331,767 on Monday. Trading was dominated with Jamaican Teas with 1.1 million units and Lasco Financial with 1.5 million shares.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 7 stocks ending with bids higher than their last selling prices and 3 with lower offers.
Trading closed with an average of 130,702 units for an average of $589,396 in contrast to 62,254 units for an average of $308,584 on Monday. The average volume and value for the month to date amounts to 154,060 units valued at $655,146 and 155,454 units valued at $659,264 on the previous trading day. Trading in June, ended with an average of 139,543 units, valued at $671,002 for each security traded.
At the close of trading, Access Financial closed at $47, with 723 shares changing hands, AMG Packaging ended at $1.99 after rising 3 cents in trading 78,745 stock units, CAC 2000 finished with a loss of 11 cents at $9.89, while trading 12,197 shares, Cargo Handlers settled with 3,600 shares trading at $10.89, Caribbean Cream ended trading 10,000 shares and rose 47 cents to $5.77. Caribbean Producers finished 1 cent higher at $6, trading 43,477 units, Consolidated Bakeries closed at $2.10, with 4,000 shares changing hands, C2W Music ended with 3,600 shares and lost 1 cent to close at $1.70, Derrimon Trading closed at $23.50 trading 2,000 shares. Elite Diagnostic settled 12 cents higher at $2.97, with 33,526 units, Everything Fresh traded 86,132 shares and lost 5 cents to end at an all-time low of $1.90. Express Catering traded 23,000 shares with a loss of 14 cents to end at $7.81, FosRich Group finished trading with a loss of 25 cents at $2.72, swapping 29,250 shares, General Accident closed 18 cents higher at $3.33, trading 22,000 stock units. GWest Corporation ended at $2.20, with 3,411 units, Honey Bun concluded trading of 5,366 shares and rose 15 cents to $4.65, Iron Rock finished 5 cents higher at $3.15, with 5,000 shares trading, Jamaican Teas lost 75 cents to close at $4 in exchanging 1,122,839 stock units. Jetcon Corporation traded 216,062 units at $4, KLE Group closed 10 cents higher at $3, exchanging 7,034 shares, Knutsford Express ended with a loss of 9 cents at $11.51, trading 4,271 shares, Lasco Distributors concluded trading 263,097 stock units and rose 26 cents to $4, with. Lasco Financial finished 15 cents higher at $5.21, with 1,533,871 units, changing hands, Lasco Manufacturing settled with a loss of 1 cent at $4.01, switching ownership of 10,564 shares, Main Event traded 6,194 shares at $7.45, Medical Disposables closed 20 cents higher at $5.80, exchanging 2,000 shares and Paramount Trading finished trading with a loss of 21 cents at $2.75, with 101,007 stock units, after the company posted a decline in profit for the year to May of $59 million versus $101 million. In the junior market preference segment, Eppley 8.75% traded 26,700 shares at $6.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market at 8¾ months high

The Junior Market Index rose 13.46 points to close at 3,106.56, the highest point since closing at 3,126.33 points on November 6, last year.
At the close 27 securities changed hands, compared to 28 on Friday as 10 advanced, 13 declined and 4 remained unchanged leading to 1,680,855 units valued at $8,331,767 trading, compared to 1,107,171 units valued $5,663,225 on Friday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 4 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Trading closed with an average of 62,254 units for an average of $308,584 in contrast to 39,542 units for an average of $202,258 on Friday. The average volume and value for the month to date amounts to 155,454 units valued at $659,264 and 161,147 units valued at $663,703 on the previous trading day. Trading in June, ended with an average of 139,543 units, valued at $671,002 for each security traded.
At the close of trading, Access Financial gained 30 cents and closed at $47, trading 1,200 shares, AMG Packaging ended with a loss of 2 cents at $1.96, while exchanging 1,830 stock units, Blue Power jumped $4.01 to end at $40, with 100 units trading, CAC 2000 finished 90 cents higher at $10, with 11,067 shares changing hands, Cargo Handlers climbed 56 cents to $10.89, trading 1,492 shares. Caribbean Producers finished trading 29 cents higher at $5.99, with 55,100 units, C2W Music ended with a loss of 29 cents at $1.71, swapping 26,583 shares, Derrimon Trading concluded trading $3 higher to a 52 weeks’ high of $23.50, with 4,800 shares being exchanged, Dolphin Cove finished with a loss of 50 cents at $16.50, after 1,220 stock units traded. Elite Diagnostic settled with a loss of 5 cents at $2.85, trading 17,000 units, Everything Fresh traded 58,725 shares and lost 13 cents to end at $1.95, Express Catering traded 54,008 shares and rose 15 cents to $7.95, FosRich Group finished trading at $2.97, with 300 shares, General Accident exchanged 15,600 stock units and closed at $3.15. GWest Corporation ended with a loss of 15 cents at $2.20, swapping 6,589 units, Honey Bun concluded trading with a loss of 46 cents at $4.50, with 2,787 shares, Jamaican Teas ended trading 12,122 stock units and rose 24 cents to $4.75, Jetcon Corporation traded at $4, with 170,000 units. Knutsford Express ended with a loss of 35 cents at $11.60, with 13,153 shares trading, Lasco Distributors concluded trading with a loss of 6 cents at $3.74, with 41,946 stock units, Lasco Financial finished 1 cent higher at $5.06, trading 1,070,500 units, Lasco Manufacturing settled with a loss of 3 cents at $4.02, after exchanging 40,991 shares. Main Event ended trading 1,630 shares at $7.45, Medical Disposables traded 15,000 shares and rose 9 cents to $5.60, Paramount Trading finished trading with a loss of 4 cents at $2.96, while exchanging 40,000 stock units and Stationery and Office closed with a loss of 50 cents at $8, trading 8,959 units. In the junior market preference segment, Eppley 9.5% finished with a loss of 2 cents at $5.98, with 8,153 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Volume falls on Junior Market – Friday

Junior market volume contracts.

The number of securities trading on the Junior Market of the Jamaica Stock Exchange on Friday climbed to 28, compared to just 22 changing hands on Thursday, but volume and value fell 52 percent and over.
At the close of market activities, the prices of 10 securities advanced, 9 declined and 9 remained unchanged leading the Junior Market Index to rise 6.35 points to 3,093.10. Trading resulted in an exchange of 1,107,171 units valued at $5,663,225 compared to 2,324,843 units valued at $12,333,157 on Thursday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 3 stocks ending with bids higher than their last selling prices and 8 with lower offers.
Trading closed with an average of just 39,542 units for an average of $202,258 in contrast to 105,675 units for an average of $560,598 on Thursday. The average volume and value for the month to date amounts to 161,147 units valued at $663,703 and previously, 169,372 units valued at $694,911. Trading in June, ended with an average of 139,543 units, valued at $671,002 for each security traded.
At the close of trading, Access Financial closed at $46.70, trading 2,500 shares, AMG Packaging ended with a loss of 2 cents at $1.98, in exchanging 56,013 stock units, CAC 2000 rose 10 cents to end at $9.10, with 2,407 shares changing hands, Cargo Handlers gained 33 cents to close at $10.33, trading 179,074 shares, Caribbean Cream ended trading with a loss of 50 cents at $5.30, with 65,795 shares. Caribbean Flavours traded 60 cents higher at $12.70, with 6,000 stock units being exchanged, Caribbean Producers finished trading with a loss of 10 cents at $5.70, with 2,000 units, Consolidated Bakeries closed 5 cents higher at $2.10, with 7,500 shares, C2W Music ended at $2, with 2,250 shares. Derrimon Trading concluded trading at $20.50, with 7,545 shares, Elite Diagnostic settled at $2.90, with 29,475 units changing hands, Everything Fresh traded 91,598 shares and gained 8 cents to end at $2.08, Express Catering traded 10 cents higher at $7.80, with 12,945 shares, FosRich Group finished trading with a gain of 55 cents at $2.97, with 40,147 shares. General Accident closed 5 cents higher at $3.15, with 48,812 stock units trading, GWest Corporation ended with a loss of 5 cents at $2.35, exchanging 3,869 units, Honey Bun concluded trading with a loss of 4 cents at $4.96, after 1,272 shares changed hands, Jamaican Teas declined 49 cents to $4.51, with 29,000 stock units trading. Jetcon Corporation traded 44,268 units and lost 10 cents to close at $4, KLE Group closed at $2.90, trading 30,137 shares, Knutsford Express ended 40 cents higher at $11.95, exchanging 8,585 shares, Lasco Distributors concluded trading at $3.80, with 296,375 stock units changing hands. Lasco Financial traded just 262 units and finished with a loss of 5 cents at $5.05, Main Event ended trading at $7.45, with 17,284 shares, Medical Disposables traded 48,807 shares with a loss of 49 cents at $5.51, Paramount Trading finished trading 16,539 stock units at $3 and Stationery and Office rose 50 cents to $8.50, exchanging 6,420 units. In the junior market preference segment, Derrimon Trading 9% preference share ended at $2.50, with 50,292 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

9 all for Junior Market – Thursday

The evenness of the advance decline ratio in trading on Thursday pretty much sums up trading on the Junior Market as the market index hardly moved, closing just 1.20 points down to close at 3,086.75 after the prices of 9 securities advanced, 9 declined and 4 remained unchanged.
At the close of market activities,22 securities changed hands, resulting in an exchange of just 2,324,843 units valued at $12,333,157 compared to 737,126 units valued at $3,562,822 on Wednesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 3 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Trading closed with an average of just 105,675 units for an average of $560,598 in contrast to 40,951 units for an average of $197,935 on Wednesday. The average volume and value for the month to date amounts to 169,372 units valued at $694,911 and previously, 172,947 units valued at $702,449. Trading in June, ended with an average of 139,543 units, valued at $671,002 for each security traded.
At the close of trading, Cargo Handlers traded 106,070 shares and gained 35 cents to $10, Caribbean Cream ended trading 20,600 units, rising b 30 cents to $5.80, Caribbean Flavours traded with a rise of 10 cents to $12.10, with 2,900 stock units changing hands, Caribbean Producers added 30 cents in exchanging 5,000 units at $5.80, C2W Music ended at $2, with 10,200 shares traded. Derrimon Trading concluded trading with a loss of 50 cents at $20.50, with 1,500 shares, Elite Diagnostic settled 10 cents higher at $2.90, with 29,004 units, Express Catering traded with a loss of 10 cents at $7.70, with 2,538 shares changing hands, FosRich Group fell 13 cents to $2.42, trading 34,309 shares. Honey Bun concluded trading 30 cents higher at $5, with 8,300 shares changing hands, Jamaican Teas traded 6,406 stock units at $5, Jetcon Corporation closed at $4.10, with 29,139 units, Key Insurance climbed 45 cents to $3.47, exchanging just 1,000 shares. KLE Group closed at $2.90, with 72,767 shares, Knutsford Express ended with a loss of 5 cents at $11.55, with 3,133 shares, Lasco Distributors declined 20 cents to $3.80, trading 1,227,017 stock units, Lasco Financial finished with a loss of 10 cents at $5.10, with 2,100 units. Lasco Manufacturing settled 5 cents higher at $4.05, with 86,223 shares, Main Event ended trading with a loss of 20 cents at $7.45, after 3,079 shares crossed over the exchnage, Medical Disposables jumped 98 cents to $6, with just 200 shares being traded, while Stationery and Office closed with a loss of 50 cents at $8, as investors sold off 656,458 shares and tTech concluded trading with a loss of 15 cents at $5.25, with 16,900 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.