Trading on the junior market resulted in more stocks rising exceeding declining ones by a wide margin and ended with the index rising 42.37 points to end at 2,109.90 on Wednesday. There were 20 active securities in the junior market with 10 advancing and 4 declining. .
At the close, 2 stocks closed with bids higher than the last selling prices and 2 ended with lower offers. Volume traded is 7,092,876 shares valued at $25,938,952.
At the end of trading in a market, Access Financial Services closed at $16.50 with 12,000 units changing hands, AMG Packaging traded 11,000 shares at $13, Cargo Handlers closed at $45, with 525 shares changing hands, Caribbean Cream traded 92,870 units, but recovered the 17 cents it lost on Tuesday to end at $4. Caribbean Producers gained 11 cents to end at $4.01 while trading 475,000 units. Consolidated Bakeries rose 7 cents in trading 1,000,000 shares to close at $1.17. C2W Music gained 3 cents while trading 106,324 units to end at 35 cents, Dolphin Cove traded 250 shares with a loss of 50 cents at $12.50, General Accidents closed at $2.65 with 147,688 shares changing hands, Honey Bun lost 20 cents to end at $15.80 with 206,720 shares trading. Iron Rock Insurance traded at $3.10 while 63,000 shares change hands, ISP Finance had 50,000 shares changing hands and rose 29 cents to close at $2.74, Jamaican Teas traded 397,510 shares and gained 20 cents to end at $3.70, Jetcon Corporation climbed 35 cents to end at $2.85 while 352,125 units traded. KLE Group traded 1,000,000 shares with a rise of 5 cents to $1.45, Lasco Distributors gained 68 cents and ended at $7.20 with 265,511 trading. Lasco Financial closed at $3.10 with 1,493,865 shares changing hands but rose 10 cents, Lasco Manufacturing fell by 5 cents to close at $4.70 with 597,108 shares trading, Derrimon Trading preference share ended with 21,500 units changing hands to end with a loss of 2 cents at $2.12 and Eppley 10% reference share traded 799,880 units at $6.10.
Juniors dip as 8 stocks fall – Tuesday
Trading on the junior market resulted in more stocks declining than rising by a wide margin and ended with the index dropping 37.33 points end at 2,067.53 on Tuesday. A volume of 3,312,315 shares valued at $12,515,372 traded, including two large trades, with Lasco Manufacturing accounting for 1,106,586 shares and Caribbean Producers with 1,063,150 shares.
The market closed with 16 active securities, 2 of which advanced and 8 declined while 2 stocks closed with bids higher than the last selling prices and 3 ended with lower offers.
At the end of trading in a market, Access Financial Services closed at $16.50 with 5,000 units changing hands, Caribbean Cream traded 109,925 units but lost 17 cents to end at $3.83, Caribbean Flavours lost 5 cents to close at $8.50 while 1,222 shares were traded, Caribbean Producers fell 10 cents to end at $3.90. Consolidated Bakeries fell 10 cents in trading just 122,376 shares to close at $1.20, C2W Music had 29,019 units changing hands at 32 cents, General Accidents closed at $2.65 with 136,177 shares changing hands, Honey Bun rose 50 cents to end at $16 with 8,527 shares trading. Iron Rock Insurance fell 40 cents to $3.10 while trading 118,926 shares, ISP Finance had 19,300 shares changing hands, at $2.45, Jamaican Teas traded 74,583 shares at $3.50, KLE Group traded 331,000 shares at $1.40, Lasco Distributors lost 98 cents and ended at $6.52 with 115,359 units trading. Lasco Financial closed at $3 with 43,200 shares changing hands but with a loss of 3 cents, Lasco Manufacturing gained 20 cents to close at $4.75 and tTech fell 3 cents and ended with 27,965 shares changing hands at $4.15.
Juniors jump 8% on – Friday
The junior market index jumped sharply by 159.72 points or 8 percent on top of the 72.93 points it gained on Thursday to end at 2,114.08 on Friday. As was the case on Thursday Lasco Distributors and Manufacturing made big impression on the market index. The volume traded ended with 2,723,962 units valued at $12,229,768, changing hands. The market closed with 16 active securities, 9 of which advanced and 3 declined while one stock closed at a 52 weeks’ high.
At the close of trading 4 stocks closed with bids higher than the last selling prices and just 4 ended with lower offers.
At the end of trading in a market with price gains dominated by the Lasco companies, AMG Packaging closed with a loss of 2 cents in trading 5,540 units to end at $12, CAC 2000 traded 1,400 shares 40 cents higher to close at $6.90. Cargo Handlers ended with 100 shares changing hands for a gain of $1.49 and closed at a 52 weeks’ high of $45, Caribbean Cream traded 233,322 units at $4, Caribbean Producers traded 100,000 units to end at $4, Consolidated Bakeries gained 11 cents in trading 7,870 shares to close at $1.21, Dolphin Cove traded 714 shares to close at $13. Iron Rock Insurance 28,000 units on the bid at $3.50, ISP Finance had 20,719 units changing hands but lost 5 cents to close at $2.45, Jetcon Corporation had 575,835 shares trading with a gain of 3 cents at $2.50, Key Insurance rose by 5 cents to close at $2.55 after 30,114 shares changed hands, Lasco Distributors jumped $1.29 to end at $7.50 with 528,460 units trading, Lasco Financial gained 4 cents to close at $3.03, with 117,447 shares changing hands. Lasco Manufacturing gained 56 cents with 977,026 shares changing hands to close at $4.70, Medical Disposables closed at $3.10 with 50,000 shares trading with a loss of 5 cents, tTech ended with 47,415 shares changing hands with a gain of 1 cent at $4.18.
Juniors rise again – Wednesday
At the close of trading only 3 stocks closed with bids higher than the last selling prices and just 2 ended with lower offers.
At the end of trading, AMG Packaging closed trading with 8,000 units to end at $13, Cargo Handlers hit a new 52 weeks’ high by gaining 52 cents to close with 1,000 units changing hands at $43.51, Caribbean Cream traded 38,648 units to end at $4 after trading down to $3.65 in the morning session. Caribbean Producers traded 4,570 units but gained 7 cents to end at $4, Consolidated Bakeries gained 4 cents with 1,000 shares trading $1.10, General Accident traded 939,649 shares and rose 15 cents to end at $2.65, Honey Bun fell $3 to close at $13 while 5,898 shares changed hands. Iron Rock Insurance did not trade but had 5,003,000 units on the bid to at $3.10, while the stock last traded at $3.50. Jetcon Corporation fell 3 cents and closed at $2.47 after 61,500 shares changed hands, Lasco Distributors gained 30 cents to end at $5.80 with 216,200 units trading, Lasco Financial fell by 8 cents and closed at $2.95, with 4,000 shares changing hands. Lasco Manufacturing gained 11 cents with 151,325 shares changing hands to close at $3.72 and tTech ended with 5,744 shares changing hands at $4.15 as the price gained 3 cents.
Honey Bun up again on Monday
There were only 3 stocks closing with bids that were higher than their last selling prices and 3 ended with lower offers.
At the end of trading, AMG Packaging lost 50 cents in trading 2,562 units to end at $12.50, Blue Power gained 80 cents to close with 2,196 units changing hands at $12, Caribbean Cream traded 143,062 units to end at $4 after falling by 2 cents, Caribbean Producers traded 90,000 units and gained 10 cents to end at $4. Consolidated Bakeries fell 13 cents with 13,000 shares trading $1.05, C2W Music closed at 33 cents with 10,000 units changing hands, General Accident Insurance traded 5,000 units but fell by 40 cents at $2.50, Honey Bun jumped $1.50 to close at $16.50 while 25,160 shares changed hands. iron-rock-ipo-hits-market-shortly/”>Iron Rock Insurance fell 15 cents with 75,500 units changing hands to end at $3.50, Jamaican Teas closed at $3.41 after 72,657 shares changed hands. Jetcon Corporation ended trading with 69,809 shares at $2.50 having lost 5 cents, Key Insurance fell 12 cents while trading 80,039 shares to close at $2.53, KLE group traded 21,400 units at $1.43, Knutsford Express closed with 14,437 units changing hands at $19. Lasco Distributors gained 5 cents to end at $5.45 with 211,347 units trading, Lasco Financial rose by 41 cents and closed at $3.03, with 78,664 shares changing hands, Lasco Manufacturing gained 10 cents with 143,201 shares changing hands to close at $3.70. Medical Disposables closed at $3.15 with 1,300 shares trading, tTech ended with 2,910 shares changing hands at $4.10 as the price gained 5 cents and Derrimon Trading preference share ended with 36,000 units changing hands as the price slipped by 1 cent to end at $2.14.
10 juniors down 4 up on Thursday
The junior market closed slightly higher on Thursday with a gain of 5.01 points to 1,825.50 but more stocks declined than gained. Trading ended with 18 active securities, 4 of which advanced and 10 declined while only 540,140 units valued at $2,757,260, changed hands.
There were only 3 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
At the end of trading, AMG Packaging traded only 395 units at $13.12, the stock closed with an offer to sell 10,000 units at $13. Blue Power declined by 75 cents with a mere 581 units changing hands at $11.20, Caribbean Cream traded 48,275 shares and fell 8 cents, to end at $4.02, Caribbean Flavours traded 12,500 units to end at $7.50 with a loss of 50 cents, Caribbean Producers traded 53,870 units and lost 7 cents to end at $4.03. Derrimon Trading closed at $5 with 10,000 units changing hands, but the offer was at $4.99 to sell 56,000 shares when trading ended, General Accident Insurance traded 63,000 units at $2.90 to gain 31 cents but at the close, 5,600 units were offered at $2.65. Iron Rock Insurance had 8,000 units changing hands with a loss of 25 cents, to end at $3.65, Honey Bun rose 5 cents to close at $12.55 while 18,000 shares changed hands, ISP Finance closed at $2.50 after trading 10,172 units, Jamaican Teas fell 40 cents to close at $3.41 after 16,159 shares changed hands. Jetcon Corporation ended trading with 7,000 shares with the loss of a cent at $2.69, KLE Group traded 16,018 shares and fell 22 cents, to end at $1.43, Knutsford Express closed with 23,952 units changing hands at $19. Lasco Distributors gained 2 cents to end at $5.06 with 178,600 units trading, Lasco Financial lost 28 cents to close at $2.62, with 32,817 shares changing hands. At the close there were 2,363,963 units on the bid at $2.62. Lasco Manufacturing gained 30 cents with 30,530 shares changing hands to close at $3.80 and tTech ended with 10,271 shares trading to end at $4.08 as the price fell by 14 cents.
Key Insurance list on junior market
Key Insurance Company was listed today but did not traded by the close but had 87,500 units on the bid above the Initial Public offering price of $2.27 with bids at $2.53. ISP Finance that was listed on Wednesday and closed trading at $2.50 on the opening day did not trade today, but Jetcon Coporation that was listed on the day before Easter, traded to close at $2.90, in a market that had only modest trades, taking place.
At the close, the junior market index gained 30.46 points being added to close at 1,925.22. The market ended with 16 active securities, 6 of which advanced and 5 declined as a mere 617,159 units changed hands, valued at $2,081,398. There were 4 stocks closing with bids that were higher than their last selling prices and 5 ended with lower offers.
In trading, AMG Packaging closed at $11 with 2,500 units changing hands, CAC 2000 traded 2,620 shares at $7, Caribbean Cream traded 46,275 shares as the price rose 11 cents to end at $4.40, Caribbean Flavours fell 2 cents with 3,100 shares changing hands to end at $7.55. Caribbean Producers traded 124,000 shares to end with a rise of 60 cents at $4.80, Consolidated Bakeries had 5,000 units trading with a rise of 10 cents to end at $1.15, C2W Music gained 4 cents with 50,000 units changing hands at 40 cents, Iron Rock had 2,500 shares trading at $4, Jamaican Teas lost 5 cents in closing at $3.80 after trading 14,805 units. Jetcon Corporation traded at a new closing high of $2.90, after trading 230,128 shares, KLE Group traded at $2.10 with a loss of 10 cents with 1,000 shares changing hands, Knutsford Express closed with 2,096 units changing hands to end at $22, Lasco Distributors ended with 19,100 units trading, to end at $5.80. Lasco Financial ended at $3 with 91,755 shares changing hands after regaining 35 cents, Lasco Manufacturing ended with 20,780 shares changing hands to close at $3.70, with a fall of 10 cents and Paramount Trading closed with a loss of 31 cents and closed with 1,500 shares trading at $11.
Junior stocks soften – Tuesday
At the end of trading, the junior market index ended Tuesday with a small loss of 13.91 points to close at 1,930.73. The market closed with 11 active securities, 3 of which declined and 1 advanced as 934,404 units changed hands, valued at $3,657,423.
At the close, 1 security ended with no bid and 6 securities had no stocks being offered for sale. There were only 3 stocks closing with bids that were higher than their last selling prices and 5 ended with lower offers.
In trading, Access Financial traded 1,990 shares to close at $17, AMG Packaging ended with 7,830 units changing hands to close at $11, Blue Power had just 379 shares trading but rose 18 cents to end at $11.18. Consolidated Bakeries had 2,500 units trading firm at $1.30, General Accident traded at $3 with 3,000 shares changing hands. Honey Bun traded 19,500 units at $13, Iron Rock Insurance traded 456,960 shares and closed unchanged at $4, Jamaican Teas closed at $4.99 after trading 11,119 units for the loss of 1 cent. Lasco Distributors closed with 5,457 units trading with a fall of 1 cent at $5.89, Lasco Financial ended at $3.03 with 272,427 shares changing hands, Lasco Manufacturing ended with 151,621 shares changing hands to close at $3.50 with a fall of 30 cents and tTech traded 2,000 shares but rose by 10 cents to $4.30.