Juniors barely moved on Thursday

JM sign The junior market inched forward at the close on Thursday, with 446,394 shares valued at $1,996,471 changing hands. The market index added just 0.37 points to end at 2,176.32 as a total of 12 securities traded, with 3 advancing and 6 declining. The junior market ended with bids for 4 stocks closing higher than their last selling prices and 6 ending with lower offers. One stock traded at a new high, at the close.
At the end of trading, AMG Packaging lost $1.49 while trading just 6,606 shares to end at $10.51, General Accident Insurance gained 5 cents while trading 45,784 units to close at $2.55, Honey Bun closed at a new 52 weeks’ high of $20.50, after rising 50 cents, with 21,440 shares trading, the stock rose to an intraday high of $22. Jamaican Teas traded 42,736 shares at $3.80,JM Trdng Sht-12-5-16 Key Insurance traded 4,600 shares at $2.67 for a loss of 13 cents, KLE Group lost 21 cents in trading 82,012 shares and closed at $1.40, Lasco Distributors closed with 29,698 units trading with the price falling 4 cents to close at $7.61, Lasco Financial closed at $3.50 with 175,000 shares changing hands. Lasco Manufacturing closed at $4.77 with 21,600 shares trading, to gain 12 cents, Medical Disposables lost 2 cents to close at $3.40 while trading 519 shares, Paramount Trading lost 49 cents to $10.50 with 10,000 shares and tTech closed with 6,399 units at $4.50.

Juniors inched up on Wednesday

Honey Bun at new high of $20 on Wednesday

Honey Bun at new high of $20 on Wednesday

The junior market inched forward at the close on Wednesday, with 952,289 shares valued at $5,433,865 changing hands. The market index added 7.80 points to end at 2,175.95 as a total of 17 securities traded, with 9 advancing and 5 declining. The junior market ended with bids for 4 stocks closing higher than their last selling prices and 1 ending with a lower offer.
At the end of trading, AMG Packaging lost $1 while trading just 1,064 shares to end at $12, Blue Power had 2,000 units changing hands with a gain of 40 cents to close at $13.90, Caribbean Cream traded 7,200 units to end at $5, CAC 2000 ended at $6.40 with a loss of 10 cents as 7,500 shares changed hands. Consolidated Bakeries ended with 26,500 shares changing hands at $1.45 after gaining 22 cents, Dolphin Cove had 11,346 units trading with a loss of 20 cents, to end at $12.55, after the company reported improved first quarter results, that rose 34 percent to 47 cents per share after tax versus 34 cents. General Accident Insurance lost 15 cents while trading 71,500 units to close at $2.50, Honey Bun closed at a new 52 weeks’ high of $20, after rising 50 cents, with 26,600 shares trading.JM Trdng Sht-11-5-16 Iron Rock traded 1,000 shares at $3.40, ISP Finance traded 281 shares but gained 9 cents to end at $2.79, Jamaican Teas traded 7,267 shares and fell 10 cents to $3.80. Jetcon Corporation closed at $3 while 5,000 units traded, KLE Group rose 21 cents in trading 10,000 shares and closed at $1.61, Lasco Distributors closed with 314,461 units trading with the price rising 10 cents to close at $7.65, Lasco Financial gained 1 cents to close at $3.50 with 132,560 shares changing hands. Lasco Manufacturing closed at $4.65 with 207,030 shares trading, to gain 5 cents and tTech added 25 cents in closing with 120,980 units at $4.50.

JSE majors down nearly 1,000 points

Trading after 75 minutes in the early morning session on the Jamaica Stock Exchange, on Wednesday, saw the main market shedding ground, with the all Jamaica Composite Index falling almost 991.84 points after an hours and 20 minutes of trading, but recovered to lose 555 points shortly after. At the same time the junior market just inched up.
ICI int sht 11-05-16Stocks traded more than 100,000 units are, Jamaica Broilers with 428,004 shares, Cable & Wireless with 185,438 units, Lasco Distributors with 191,873 units at $7.65, tTech had 113,861 units changing hands up $4.50, Radio Jamaica had 102,300 units trading at $1.10.
Caribbean Cement fell back by $1.99 with 62,758 shares at $26 and Honey Bun traded at a new high of $19.55 with 10,000 shares having changed hands.
Trading resulted in activity in 28 securities, accounting for 910,214 shares changing hands as 8 stocks gained and 10 declined. The average number of shares traded is 32,508 compared to an average of 70,975 units on Tuesday.
The market saw the all Jamaica Composite Index dropped 555.06 points to 167,710.24, the JSE Market Index fell 496.30 points to 151,004.77, the JSE combined index ended with a fall of 458.55 points to 162,314.91 and the junior market index gained just 0.18 points to 2,168.33.

Juniors move up on Tuesday

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Honey Bun closed at a new high of $19.50 on Tuesday.

Honey Bun closed at a new high of $19.50 on Tuesday.

The junior market inched forward at the close on Tuesday, with 1,364,688 shares valued at $9,672,342 changing hands. The market index added 11.24 points to end at 2,168.15 as a total of 15 securities traded, with 7 advancing and 3 declining.
The junior market ended with bids for 5 stocks closing higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Caribbean Cream traded 68,300 units and gained 20 cents to end at $5, Consolidated Bakeries ended with 7,500 shares changing hands at $1.23, Dolphin Cove had only 162 units trading with a gain of 20 cents to end at $12.75. General Accident Insurance gained 5 cents while trading 432,078 units to close at $2.65, Honey Bun closed at a new 52 weeks’ high of $19.50, after rising $1.50, with 49,201 shares trading. Jamaican Teas traded 20,896 shares to end at $3.90 after it traded earlier at $3.80. Jetcon Corporation closed at $3 while 8,000 units traded, KLE Group fell 20 cents in trading 57,164 shares and closed at $1.40, JM Trdng Sht-10-5-16Knutsford Express had 19,430 shares trading, but lost $1.90 to end at $17, Lasco Distributors closed with 112,755 units trading at $7.55, Lasco Financial closed at $3.49 with 13,000 shares changing hands. Lasco Manufacturing closed at $4.60 with 69,460 shares trading, to gain 10 cents, Paramount Trading ended with 500,000 shares changing hands at $10.99, after rising 19 cents, Derrimon Trading 11.75% preference share closed with 1,742 units trading at $2.13, to add 1 cent and Eppley cumulative redeemable preference share eased 1 cent with 5,000 units changing hands at $6.09.

Juniors inch up on Monday

JM sign The junior market inched forward at the close on Monday, after trading 1,306,308 shares valued at $6,667,614. The market index added 10.11 points to end at 2,156.91, while a total of 14 securities traded, with 5 advancing and 5 declining.
The junior market closed on a soft note with a total of 5 stocks closing with bids higher than their last selling prices and 5 ended with lower offers.
At the end of trading, Blue Power traded 560 units and gained $1.50 to close at $13.50, Caribbean Cream traded 793,503 units and gained 9 cents to end at $4.80, Consolidated Bakeries ended with 5,000 shares changing hands at $1.23, Dolphin Cove had 40,524 shares trading with a gain of 4 cents to end at $12.55. Honey Bun lost 25 cents to end at $18 with 27,551 shares trading, ISP Finance traded 20,719 shares but fell 10 cents to close at $2.70, Jamaican Teas traded 5,000 shares to end at $3.90. JM Trdng Sht-09-5-16Jetcon Corporation closed at $3 while 5,044 units traded, KLE Group fell 60 cents in trading 53,000 shares and closed at $1.60, Lasco Distributors closed with 41,950 units trading, to close with a gain of 5 cents at $7.55, Lasco Financial closed with a rise of 2 cents at $3.49 with 38,362 shares changing hands. Lasco Manufacturing closed at $4.50 with 252,544 shares trading, Paramount Trading ended with 175 shares changing hands at $10.80, after losing 5 cents and tTech fell 20 cents and ended with 22,376 shares changing hands, to close at $4.25.

Juniors slipped mildly on Friday

Jetcon traded the most shares on the junior market with 785,615 units at $3 on Frday

Jetcon traded the most shares on the junior market with 785,615 units at $3 on Friday.

The junior market closed on Friday after undergoing a day of subdued activity with 1,443,534 shares valued at $5,505,458 traded. The market index slipped 6.11 points from Thursday’s close, to end at 2,146.80. A total of 12 securities traded, with 3 advancing and 4 declining.
The junior market closed on a soft note with a total of 3 stocks closing with bids higher than their last selling prices and 7 ended with lower offers.
At the end of trading, Caribbean Cream traded 25,000 units and rose 1 cent to end at $4.71, Consolidated Bakeries ended with 51,500 shares changing hands at $1.23, General Accident ended trading with 1,541 shares, to close at $2.60. Honey Bun gained 5 cents to end at $18.25 with 7,290 shares trading, as investors interest in the stock continues with the proposed stock split is expected to be approved later in May. JM Trdng Sht-06-5-16Iron Rock Insurance traded 37,000 shares at $3.40, Jamaican Teas traded 33,174 shares to end at $3.90 with a loss of 1 cent. Jetcon Corporation closed at $3 while 785,615 units traded, KLE Group jumped 37.5 percent in trading 16,550 shares to gain 60 cents and closed at $2.20, Lasco Distributors closed with 185,483 units trading, to close at $7.50, Lasco Financial closed with a loss of 2 cents at $3.47 with 178,184 shares changing hands. Lasco Manufacturing fell 10 cents to close at $4.50 with 121,972 shares trading and tTech ended with 225 shares changing hands, to close at $4.45.

Back to normal for juniors – Thursday

Recently listed Jetcon Corporation traded at a new high of $3 on Thursday .

Recently listed Jetcon Corporation traded at a new high of $3 on Thursday .

The junior market closed on Thursday with much less trading than for the past two trading days as trading fell back to more normal levels. At the close a total of 3,434,205 shares valued at $13,133,950 traded and the market index slipped from Wednesday’s close.
One stock ended at a 52 weeks’ high as 15 securities traded, with 7 advancing and 5 declining. The junior market index fell 16.48 points, to end at 2,152.91. A total of 3 stocks closed with bids higher than their last selling prices and 4 ended with lower offers.
At the end of trading, AMG Packaging closed at $13 with 1,399 units changing hands, CAC 2000 traded 1,227 shares but fell 40 cents, to $6.50. Caribbean Cream traded 278,527 units and rose 10 cents, to end at $4.70, as demand increased and selling eases for the stock, after the company reported strong gains in profit, for the year to February. Caribbean Producers traded 227,325 units a fell by 11 cents to end at $3.90. Consolidated Bakeries fell 15 cents with 5,000 shares changing hands at $1.23, General Accident ended trading with 649,313 shares, to close at $2.70, Honey Bun fell 10 cents to end at $18.20 with 21,190 shares trading, as investors interest in the stock continues with the proposed stock split is expected to be approved later in May. Jamaican Teas traded 2,455 shares to end at $3.91. JM Trdng Sht-05-5-16Jetcon Corporation rose 10 cents and ended at a 52 weeks’ high of $3 while 10,477 units traded as selling pressure eases for this stock with only 4 offers posted at the close of trading. KLE Group had 518,582 shares trading and gained 15 cents to close at $1.60, Lasco Distributors closed with 84,517 units trading, ended with a gain of 5 cents to close at $27.50, Lasco Financial closed at $3.49 with 43,670 shares changing hands. Lasco Manufacturing rose 2 cents to close at $4.60 with 1,578,723 shares trading, Medical Disposables traded 4,000 shares to close 27 cents higher at $3.42 and tTech ended with 7,800 shares changing hands and gained 30 cents to close at $4.45.

LasD big day on Wednesday

The Lasco Distributors traded 16.5m shares on Wednesday.

The Lasco Distributors traded 16.5m shares on Wednesday.

While Eppley stole the show on the junior market on Tuesday with gains of $69.24 and $104 million in traded value, today Lasco Distributor took the spotlight with 16,472,533 units valued at $125,043,477 while it lost 15 cents to close at $7.45. A total of 17,488,687 shares valued at $129,088,773 traded at the close.
There were two 52 weeks’ highs with 15 active securities trading, as 6 advanced and 4 declined and the junior market index rose 10.83 points, to end at 2,169.39. A total of 3 stocks closed with bids higher than their last selling prices and 5 ended with lower offers.
At the end of trading in the market, Caribbean Cream traded 3,000 units and rose 15 cents to end at $4.60, Caribbean Flavours traded 17,000 units at $8.50, Consolidated Bakery gained 3 cents with 76,757 shares changing hands at $1.38, Dolphin Cove gained 1 cent 23,856 to end at $12.51. General Accident ended trading 9,000 shares to close at $2.70, Honey Bun jumped $1.30 to end at a 52 weeks’ high of $18.30 with 7,042 shares trading, JM Trdng Sht-04-5-16ISP Finance gained 6 cents to close at a 52 weeks’ high of $2.80 with 63,000 shares. Jamaican Teas traded 8,000 shares to end at $3.91, Jetcon Corporation ended at $2.90 while 294,854 units traded, Knutsford Express had 2,100 shares trading and gained $2.10 to close at $18.90, Lasco Financial lost 1 cent to close at $3.49 with 218,990 shares changing hands. Lasco Manufacturing lost 1 cent to close at $4.58 with 195,355 shares trading, Medical Disposables traded 62,200 shares to close 27 cents lower at $3.15 and Paramount Trading ended with 35,000 shares changing hands at $10.85.

Another big jump for Eppley on Tuesday

New high for Eppley

New high for Eppley

Eppley jumped again in the early morning session on the Jamaica Stock Exchange, to add $69.24 to the $75.76 gained on Monday as 160,000 units of the stock traded at a new 52 weeks’ high of $650 to record a gain of almost 29 percent in two days.
The trade took place as the company announced that up to 487,703 new ordinary shares priced at $650 each will be made available to ordinary stockholders on the record date for the issue, on Friday 6 May 2016. On Monday Eppley climbed 15 percent for a gain of $75.76 to close at $580.76. At the close, there were two 52 weeks’ highs with 14 active securities trading, as 6 advanced and 4 declined as the junior market index slipped 0.77 points, to end at 2,158.56. A total of 1,253,040 shares valued at $109,112,009 traded. 4 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading in a market, Caribbean Cream traded 2,450 units and rose 30 cents to end at $4.50, Caribbean Producers had 1,000 shares changing hands at $4.01, General Accident gained 5 cents in trading 3,600 shares to close at $2.70, Honey Bun fell 95 cents to end at $17 with 37,988 shares trading. JM Trdng Sht-03-5-16Jamaican Teas traded 8,900 shares and lost 9 cents to end at $3.91, Jetcon Corporation ended at $2.90 while 608,524 units traded. Key Insurance traded 25,121 shares to end at $2.80, Knutsford Express had 2,900 shares trading unchanged at $16.80. Lasco Distributors gained 10 cents and ended at $7.60 with 130,860 shares trading, Lasco Financial gained 10 cents to close at $3.50 with 120,661 shares changing hands. Lasco Manufacturing lost 1 cent to close at $4.59 with 78,836 shares trading, Medical Disposables traded 1,200 shares to close 22 cents higher at $3.42 and Paramount Trading fell 15 cents to end with 71,000 shares changing hands at $10.85.

Eppley jumps $76 on Monday

Eppley jumps sharply to close at a new high of $580.76

Eppley jumps sharply to close at a new high of $580.76

Trading on the junior market was dominated by Eppley with a 15 percent jump in the price, resulting in a gain of $75.76 to close at $580.76 for a new 52 weeks’ high with 100 shares changing hands. The rise in Eppley and recovery of $1.05 in the price of Lasco Manufacturing resulted in the junior market index rising a sharp 94.48 points, to end at 2,159.33.
At the close, there were two 52 weeks’ highs with 14 active securities trading, with 8 advancing and 3 declining. Volume traded is just 534,047 shares valued at $3,394,975, while 4 stocks closed with bids higher than the last selling prices and 3 ended with lower offers.
At the end of trading in a market, Caribbean Cream traded 19,811 units and fell 15 cents to end at $4.20, Caribbean Flavours had 104,812 shares changing hands at $8.50, Consolidated Bakeries gained 10 cents in trading 40,000 shares to close at $1.35, Dolphin Cove had 16,144 shares changing hands at $12.50. Honey Bun rose 75 cents to end at a 52 weeks’ high of $17.95 with 500 shares trading. JM Trdng Sht-02-5-16Iron Rock Insurance traded at $3.40 at the close while 4,000 shares changed hands, with a gain of 5 cents, Jamaican Teas traded 1,817 shares and gained 1 cent to end at $4, Jetcon Corporation ended at $2.90 while 66,153 units traded. Key Insurance traded 5,300 shares but gained 30 cents to end at $2.80, Lasco Distributors fell 10 cents and ended at $7.50 with 213,679 shares trading, Lasco Financial gained 25 cents to close at $3.40 with 25,585 shares changing hands. Lasco Manufacturing rose $1.05 to close at $4.60 with 27,458 shares trading and tTech ended with 8,688 units changing hands to end with a loss of 30 cents at $4.15.