Juniors break 2,600 & majors 209,000 – Friday

bull 2The Jamaica Stock Exchange all Jamaica Composite Index jumped more than 2,800 points in early trading on Friday to sit less than 800 points from the 210,000 points level while the junior market rose above Thursday’s record close to break the 2,600 mark.
Market activity resulted in 29 securities traded at 10:45 am, compared to 28 on Thursday at 10:45 am. A total of 16 securities advanced and 5 declined, resulting in a volume of 5,851,240 shares changing hands, carrying a value of $22,997,020, compared just 463,915 shares changing hands, carrying a value of $3,009,378 on Thursday. The average number of shares traded, amount to 201,767 units versus 16,568 units on Thursday.
ICI trd sht int -30-12-16The leading trades include Cable & Wireless has so far traded 4,063,060 units between 70 and 80 cents but last traded at 75 cents. Grace Kennedy 231,964 shares at $41.87, Jamaica Producers 453,416 at $9.20, Supreme Ventures 207,836 units at $5.30, Blue Power traded a 52 weeks’ high of $30 with 10,000 units changing hands, Iron Rock Insurance traded 563,234 units at $4, CAC 2000 gained 60 cents to $5.10 while 77,173 shares were traded following release of the company’s audited accounts showing the cost of the settlement of the lawsuit being in the region of $124 million.
The all Jamaica Composite Index surged 2,831.08 points to a record 209,210.05, the Jamaica Stock Exchange Market Index jumped 2,531.49 points to an all-time high of 191,445.56, the Jamaica Stock Exchange combined index 2,445.50 points to a record high of 204,299.10 and the junior market index rose 9.53 to 2,604.38.

Juniors close at new record – Wednesday

New high for Cargo Handlers on Wednesday.

New high for Cargo Handlers on Wednesday.

The junior market index lost ground on Wednesday, as advancing stock were edged out by declining ones pulling the market index down by 17.61 points to end at 2,529.30 points with a 41 percent increase for the year to date.
At the close, the prices of 3 stocks rose, 4 declined with 16 securities trading, compared to 18 trading on Tuesday. Volume of stocks traded fell on Wednesday by 93 percent, from Tuesday’s level, ending with 332,445 units changing hands, valued at $1,568,652, down 95 percent from $32,819,600 on Tuesday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 3 ending with lower offers.
An average of 20,778 units with an average value of $98,041 units traded, compared to 264,003 units with an average value of $1,823,311 on the preceding trading day. ICI Jm sum 21-12-16The average for December to date is 138,249 units, at an average of $693,637. The average for December to Tuesday is 146,640 units, at an average of $736,180. November ended with an average of 109,679 units with an average value of $607,092.
AMG Packaging jumped $3.01 to close at a 52 weeks’ high of $24.51 with 500 units changing hands, Blue Power climbed $1.70 in trading 1,000 shares to end at $25, Caribbean Cream closed with 29,189 shares changing hands to end at $8. Caribbean Flavours lost 50 cents with 19,950 units changing hands. Caribbean Producers traded 16,520 units at $3.50, C2W Music had 7,546 units changing hands to close at 35 cents, Derrimon Trading ended at $3.70 with 9,000 shares changing hands, Dolphin Cove exchanged 100 shares and closed at $15, Honey Bun had 17,850 shares changing hands to close at $6.05 after gaining 5 cents. ICI Jm trd Sht 21-12-16Iron Rock Insurance traded 65,544 shares at $3.60, Key Insurance closed trading with 30,346 units, to end at $2.60 after shedding 40 cents. Lasco Distributors lost 20 cents to end trading with 20,717 shares at $6.50. Lasco Financial ended with 40,000 shares changing hands, for a loss of 5 cents to $3.30, Lasco Manufacturing ended at $4.98 after 10,750 units switched hands, Medical Disposables had 17,334 units changing hands, to close at $4.20 and Paramount Trading ended with 46,099 shares being exchnaged to close at $3.

Juniors jump to record close on Tuesday

New high for Cargo Handlers on Tuesday.

New high for Cargo Handlers on Tuesday.

Prices on the junior market rose on Tuesday, and pushed the market index up by 22.95 points to end at record close of 2,546.91, but went as high as 2,564.39 points in the morning session, to be up a strong 42 percent for the year to date.
At the close, the prices of 4 stocks rose, 8 declined with 18 securities trading, compared to 17 trading on Monday as Lasco Distributors dominated trading with 4,494,594 shares after rising 15 cents to close at $6.70. Volume of stocks traded fell on Tuesday by 14 percent, from Monday’s level, ending with 4,752,058 units changing hands, valued at $32,819,600, up 24 percent from $26,556,207 on Monday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 2 ending with lower offers.
ICI Jm sum 20-12-16An average of 264,003 units with an average value of $1,823,311 units traded, compared to 324,429 units with an average value of $1,562,130 on the preceding trading day. The average for December to date is 146,640 units, at an average of $736,180. The average for December to Monday is 137,612 units, at an average of $652,554. November ended with an average of 109,679 units with an average value of $607,092.

CAC 2000 fell 60 cents in trading 2,112 shares to end at $4.50, Cargo Handlers climbed 30 cents to hit a new high of $16.30, with 23,630 shares changing hands, Caribbean Cream closed with 16,455 shares changing hands and lost 20 cents to end at $8. Caribbean Flavours lost 50 cents with 2,000 units changing hands. Caribbean Producers rose 25 cents in trading 400 units at $3.50, C2W Music had 6,122 units changing hands to close at 35 cents, Dolphin Cove exchanged 333 shares and closed at $15, Honey Bun had 1,700 shares changing hands to close at $6 after falling 19 cents. ICI Jm trd Sht 20-12-16Iron Rock Insurance traded 215 shares and dropped back $1.05 to $3.60, Jetcon Corporation closed trading with 80,200 units, to end at $5.89, KLE Group ended at $1.95 with 5,530 shares changing hands, Knutsford Express traded just 253 shares but the price slipped 44 cents to $19.55. Lasco Financial ended with 10,200 shares changing hands, for 5 cents higher to $3.35, Lasco Manufacturing ended at $4.98 with a fall of 2 cents after 99,283 units switch hands, Medical Disposables had 6,900 units changing hands, to close with a fall of 60 cents at $4.20, Sweet River traded 200 shares to close at $3.85 and Eppley 9.5% preference share traded 1,931 units at $6.18.

Juniors jump to new record close– Monday

ICI Jm Indx  19-12-16 Prices on the junior market mostly rose on Monday, and pushed the market index up by a strong 43.35 points to end at record close of 2,523.96, on increased trading activity from Friday’s levels, to be up a strong 41 percent for the year to date.
At the close, the prices of 9 stocks rose, 2 declined with just 17 securities trading, compared to 9 trading on Friday. The volume of stocks traded jumped on Monday by 71 percent, from Friday’s level, ending with 5,515,300 units changing hands, valued at $26,556,207, up 61 percent from $16,494,089 on Friday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 5 ending with lower offers.
An average of 324,429 units with an average value of $1,562,130 units traded, compared to 357,770 units with an average value of $1,832,677 on the preceding trading day. The average for December to date is 137,612 units, at an average of $652,554. ICI Jm sum 19-12-16The average for December to Friday is 122,044 units, at an average of $576,756. November ended with an average of 109,679 units with an average value of $607,092.
Cargo Handlers climbed $2.99 to hit a new high of $16, with only 870 shares changing hands, Caribbean Cream closed with 7,297 shares changing hands and gained 25 cents to $8.20, Caribbean Flavours rose $2 to trade at a 52 weeks’ high of $13 with 5,000 units changing hands. Derrimon Trading exchanged 19,325 shares and closed at $3.70, after rising 15 cents, Honey Bun had 9,313 shares changing hands to close at $6.19 after gaining 19 cents. Iron Rock Insurance traded 516,500 shares at $4.65, Jamaican Teas ended at $4.25 with 8,350 shares being exchanged, Jetcon Corporation closed trading with 26,416 units, to end at $5.89, KLE Group ended at $1.95 with 1,355 shares changing hands, ICI Jm trd Sht 19-12-16Knutsford Express traded just 200 shares but the price slipped 1 cent to $19.99. Lasco Distributors had 47,247 shares trading and rose 15 cents to close at $6.55. Lasco Financial ended with 200,502 shares changing hands for 5 cents more to $3.30, Lasco Manufacturing ended at $5 with a fall of 5 cents after 4,501,100 units switch hands, up from 2,898,885 shares changed hands, on Friday. Paramount Trading had 166,512 units changing hands to close at $3, Sweet River traded 3,300 shares with a rise of 3 cents to close at $3.85, tTech traded 513 shares but rose 25 cents to $5.25 and Eppley 9.5% preference share traded 1,500 units at $6.18.

Record close for junior stocks – Thursday

JM sign The junior market surged sharply on Thursday, by 79.65 points end at a record closing high of 2,505.83, to be up a strong 40 percent, for the year to date, on increased trading activity from Wednesday’s levels.
At the close, the prices of 10 stocks rose and 3 declined with 19 securities trading, compared to 13 trading on Wednesday. The volume of stocks traded jumped on Thursday by 365 percent, from Wednesday’s level, ending with 1,222,548 units changing hands, valued at $5,774,823, up 368 percent from $1,233,984 on Wednesday.
Market activities ended with 9 securities closing with bids higher than their last selling prices and just 5 ending with lower offers.
An average of 20,207 units with an average value of $94,922 units with an average value of $303,938 traded, compared to 20,207 units with an average value of $94,922 on the preceding trading day. The average for December to date is 100,614 units, at an average of $462,581. The average for December to Wednesday is 104,241 units, at an average of $478,446. November ended with an average of 109,679 units with an average value of $607,092.
ICI Jm sum 15-12-16In trading activity, AMG Packaging jumped $3 in exchanging 7,999 shares at $21.50 as investors responded to an announcement by the company, of an approval by the Directors, for each ordinary share of the company be subdivided into five units. If approved at the Annual General Meeting to be held in January, the issued capital of the company will move from 102,378,857 shares to 511,894,285.
Caribbean Producers closed with 68,285 shares changing hands at $3.20, Consolidated Bakeries rose 16 cents in trading 60,000 shares to close at $1.85, C2W Music inched up 5 cents with 2,000 units changing hands to close at 35 cents, Derrimon Trading exchanged 5,000 shares and closed at $3.70. Dolphin Cove with 200 units changing hands closed at $15. General Accident traded 16,492 shares but fell 15 cents to close at $3, Honey Bun had 12,300 shares changing hands to close at $6 after rising 40 cents. Iron Rock Insurance traded 1,000 shares at $4.15, Jamaican Teas gained 14 cents to end at $4.25 with 16,000 shares.ICI Jm trd Sht 15-12-16 Jetcon Corporation closed trading with 2,290 units, with a loss of 1 cent to end at $5.88, Key Insurance traded 4,193 units to close at $3, KLE Group ended at $1.95 with 500 shares changing hands after rising by 10 cents, Lasco Distributors had 10,000 shares trading with a rise of 30 cents to close at $6.80. Lasco Financial ended with 15,000 shares changing hands at $3.25, Lasco Manufacturing ended at $4.99 with a rise of 29 cents after 964,839 shares changed hands, Medical Disposables traded 700, shares with a rise of 50 cents to close at $4.20. Paramount Trading lost 20 cents with 34,283 units changing hands to close at $3 and Eppley 10% preference share traded 667 units with a rise of 65 cents to a new high of $6.75.

Juniors set up for new high – Tuesday

Caribbean Flavours hit a new high of $10.95 on Tuesday

Caribbean Flavours hit a new high of $10.95 on Tuesday

The junior market made strong gains at the close of trading on Tuesday, to sit 10 points away from the record close of 2,495.22 on November 14. At the close, the market index rose 36.01 points to end at 2,485.38 with reduced volume from Monday’s levels.
With today’s movement of the index, the junior market is up 39 percent for the year to date.
At the close the prices of 6 stocks rose and 5 declined with 14 securities trading, compared to 12 on Monday. The volume of stocks traded dipped on Tuesday by 65 percent, from Monday’s level, ending with 361,716 units changing hands, valued at $1,755,268, down 67 percent from $5,305,996 on Monday.
ICI Jm sum 13-12-16Market activities ended with 12 securities closing with bids higher than their last selling prices and just 5 ending with lower offers.
An average of 25,837 units with an average value of $125,376 traded, compared to 102,106 units with an average value of $530,600 on the preceding trading day. The average for December to date is 113,578 units, at an average of $521,060. The average for December to Monday is 124,545 units, at an average of $570,520. November ended with an average of 109,679 units with an average value of $607,092.
In trading activity, AMG Packaging traded 160 shares and gained 20 cents to close at $18.20, Caribbean Flavours jumped $1 to a 52 weeks high of $10.95 with 3,000 shares exchanged, Caribbean Producers shed 5 cents with 13,831 shares changing hands at $3.20, Consolidated Bakeries traded 2,000 shares and closed at $1.70 after dropping 45 cents. C2W Music inched up 1 cent with 9,657 units changing hands to close at 30 cents, General Accident gained 45 cents and closed trading with 73,605 units, at a 52 weeks’ high of $3.15,ICI Jm trd Sht 13-12-16 Honey Bun had 44,715 shares changing hands to close with a loss of 35 cents at $5.60. Iron Rock Insurance traded 23,000 units as the price rose 15 cents to $4.15, Jetcon Corporation closed trading with 11,896 units but lost 1 cents to end at $5.89, Key Insurance traded 31,512 units to close at $2.50, Lasco Distributors had 127,200 shares at $6.80. Lasco Manufacturing gained 10 cents and ended at $4.70 with 1,000 shares changing hands and Paramount Trading lost 2 cents with 20,000 units changing hands to close at $3.38.

Junior market just inched forward – Monday

ISP Finance closed at a new high of $8.50 on Monday.

ISP Finance closed at a new high of $8.50 on Monday.

The junior market held on to a small gain at the close of trading on Monday, as it pulled back from a much stronger rally in the morning session. At the close, the market index rose a mere 0.83 points to end at 2,449.37 with increased volume over Friday’s levels.
With today’s movement of the index, the junior market is up 37 percent for the year to date and appears to be poised to trade higher based on the number of bids closing above the last traded prices versus those that have offers lower than the last sale prices.
At the close the prices of 6 stocks rose and 2 declined with 10 securities trading, compared to 12 on Friday. The volume of stocks traded dipped on Monday by 28 percent, from Friday’s level, ending with 1,021,062 units changing hands, valued at $5,305,996, down 16 percent from $6,281,632 on Friday.
ICI Jm sum 12-12-16Market activities ended with 8 securities closing with bids higher than their last selling prices and just 5 ending with lower offers.
An average of 102,106 units with an average value of $530,600 traded, compared to 118,101 units with an average value of $523,469 on the preceding trading day. The average for December to date is 124,545 units, at an average of $570,520. The average for December to Friday is 127,751 units at an average of $576,223. November ended with an average of 109,679 units with an average value of $607,092.
In trading activity, Caribbean Cream traded 214,730 shares and closed at $7.50, Caribbean Producers gained 5 cents with 86,169 shares changing hands at $3.25, Honey Bun had 8,000 shares changing hands to close with a loss of 5 cents at $5.95, ISP Finance rose 50 cents to end at an all-time high of $8.50 with 10,000 shares changing hands. Iron Rock Insurance traded 6,063 units as the price jumped 50 cents to $4 shares. KLE Group closed trading with 78,500 units at $1.85, Lasco Distributors had 185,996 shares changing hands to close at $6.80,ICI Jm trd Sht 12-12-16 Lasco Financial Services traded 403,497 units and declined by 25 cents to $3.25. At the close, there were two bids to buy 1,003,050 units of Lasco Financial at $3.10 and an offer to sell 9,000 units at $3.40 and offers to buy 1,083,388 units at $3.50. Lasco Manufacturing gained just 2 cents and ended at $4.60 with 327,218 shares changing hands, Medical Disposables fell 31 cents while 41,586 shares traded, to close at $3.70 and Paramount Trading rose 18 cents with 62,800 units changing hands to close at $3.40.

Junior market closes week with gains – Friday

New high for Cargo Handlers on Friday.

New high for Cargo Handlers on Friday.

The junior market held on to a small gain at the close of trading on Friday, as it pulled back from a much stronger rally in the morning session. At the close, the market index rose 6.87 points to end at 2,448.54 with increased volume over Thursday’s levels.
With today’s movement of the index, the junior market is up 37 percent for the year to date and appears to be poised to trade higher based on the number of bids closing above the last traded prices versus those that have offers lower than the last sale prices.
At the close the prices of 5 stocks rose and 6 declined with 12 securities trading, compared to 11 on Thursday. The volume of stocks traded climbed on Friday by 141 percent, from Thursday’s level, ending with 1,417,214 units changing hands, valued at $6,281,632, up 172 percent from $2,311,947 on Thursday.
ICI Jm sum 9-12-16Market activities ended with 7 securities closing with bids higher than their last selling prices and just 4 ending with lower offers.
An average of 118,101 units with an average value of $523,469 traded, compared to 53,416 units with an average value of $210,177 on the preceding day. The average for December to date is 127,751 units at an average of $576,223. The average for December to Thursday is 129,359 units at an average of $585,015. November ended with an average of 109,679 units with an average value of $607,092.
The stock split into 150 stock units for Eppley ordinary stock is yet to attract any offers even after the bid had risen to $6.96, compared to the adjusted last traded price of $4.90.
In trading activity, Cargo Handlers rose 25 cents and closed with 8,155 at a new closing high of $13.25 as the price pulled back from $15 it was at, for almost the entire trading session until the end. Caribbean Producers fell 10 cents with 29,846 shares changing hands at $3.20, Consolidated Bakeries had 3,000 units changing hands with a loss of 5 cents, to end at $2.15. Honey Bun had 9,700 shares changing hands to close at $6, Iron Rock Insurance traded 87,719 units as the price jumped 49 cents to $3.50, Jamaican Teas traded 100 shares to close at $4.11 after rising by 1 cent, Jetcon Corporation lost 5 cents in trading 10,991 shares to close at $5.90. KLE Group gained 24 cents in trading 500 units at $1.84, ICI Jm trd Sht 9-12-16Lasco Distributors had 183,544 shares changing hands to close with a loss of 0 cents at $6.60, Lasco Financial Services traded 403,497 units and declined by 25 cents to $3.25. At the close, there was a bid to buy 1,003,050 units Lasco Financial at $3.10 and an offer to sell 1,059,388 units at $3.50. Lasco Manufacturing gained just 2 cents and ended at $4.60 with 616,264 shares changing hands and Medical Disposables fell 4 cents while 63,918 shares traded, to close at $4.01.

9 junior stocks rise 2 fall – Wednesday

Blue Power rose $1.74 to close at $23.30.

Blue Power rose $1.74 to close at $23.30.

The junior market lost ground moderately at the close of trading on Wednesday with in the market index declining 7.84 points to end at 2,446.96 and is up 37 percent for the year.
At the close the prices of 9 stocks rose and 2 declined with 15 securities trading, compared to 12 on Tuesday. Stocks traded, dropped on Wednesday by 89 percent, from Tuesday’s level, ending with 407,847 units changing hands, valued at $1,834,253, down 90 percent from $18,753,528 on Tuesday.
Market activities ended with 8 securities closing with bids higher than their last selling prices and just 4 ending with lower offers.
An average of 27,190 units with an average value of $122,284 traded, compared to 319,744 units with an average value of $1,562,794 on the preceding day. ICI Jm sum 7-12-16The average for December to date is 144,548 units at an average of $659,983. The average for December to Tuesday is 173,888 units at an average of $794,408. The average for November ended at 109,679 units with an average value of $607,092.
The stock split into 150 stock units for Eppley ordinary stock is yet to attract any offers even after the bid had risen to $6.95, compared to the adjusted last traded price of $4.90.
In trading activity, Blue Power rose $1.74 with 778 units trading at $23.30, Caribbean Cream rose 30 cents with 83,000 shares changing hands at $7.80, Caribbean Flavours traded 22,380 units to end at $9.95 with a gain of 95 cents. Caribbean Producers had 77,887 units changing hands to end at $3.30, Dolphin Cove ended at $15.20 with 4,000 shares trading. General Accident gained 20 cents and closed trading with 350 units at $2.70, Honey Bun had 5,900 shares changing hands to close at $6, Iron Rock Insurance gained 1 cent in trading 4,302 units to close at $3.01, Jamaican Teas traded 882 shares to close at $4.10.ICI Jm trd Sht 7-12-16 Key Insurance fell 37 cents in trading 350 units to close at $2.50, KLE Group ended at $1.60 with 129,333 shares changing hands after rising by 10 cents, Lasco Distributors had 33,306 shares changing hands and gained 20 cents to close at $6.80. Lasco Manufacturing gained just 2 cents and ended at $4.57 with 7,858 shares changing hands, Paramount Trading rose 10 cents while 34,021 shares traded to close at $3.80 and tTech lost 50 cents to end at $5.

Juniors inch up on Monday

JM Sign The junior market index inched up by the end of trading on Monday resulting in the market index gaining 9.79 points to end at 2,433.66.
At the close the prices of 4 stocks rose and 4 declined with 13 securities trading, compared to 12 on Friday. The movement in the junior market index puts the gain for the year to date, at 36 percent.
Stocks traded, rose on Monday by 8 percent, from Friday’s level, ending with 965,067 units changing hands, valued at $4,640,109, up 62 percent from $2,867,579 on Friday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 3 ending with lower offers.
ICI Jm sum 5-12-16An average of 74,236 units with an average value of $356,931 traded, compared to 74,215 units with an average value of $238,965 on the preceding day. The average for December to date is 125,269 units at an average of $538,279. The average for December to Friday is 150,785 units at an average of $628,952. The average for November ended at 109,679 units with an average value of $607,092.
The stock split into 150 stock units for Eppley ordinary share, is yet to attract any offers even after the bid had risen to $6.91 compared to the adjusted last traded price of $4.90.
In trading activity, Caribbean Cream traded 69,747 units and rose by 40 cents to close at $7.50, Caribbean Flavours traded 1,630 units to end at $8.99 with a gain of 44 cents, Caribbean Producers fell 20 cents with 510,000 units changing hands to end at $3.30. Honey Bun had 105,000 shares changing hands to close with a loss of 13 cents at $5.70, Jamaican Teas traded 12,252 shares to close at $4.10, ICI Jm trd Sht 5-12-16Jetcon Corporation traded with a loss of 10 cents, to close at $5.65, with moderate volume of 10,000 shares. Key Insurance traded 28,471 units to close at $2.50, Knutsford Express saw trading in 20,164 shares at $20, Lasco Distributors loss 20 cents after 145,442 shares changed hands at $6.60, Lasco Financial gained 5 cents and ended with 19,958 shares changing hands at $3.25. Lasco Manufacturing ended at $4.70 with a mere 770 shares changing hands Paramount Trading gained 10 cents while 5,979 shares traded, to close at $3.80 and tTech ended with 35,654 units changing hands at $5.50.