Juniors hit with falling prices – Friday

The junior market lost moderately on Friday with 13 active securities of which 3 stocks rose and 6 declined including a drop of $2.82 in the price of Knutsford Express. The market index slipped 5.64 points to close at 2,191.20, with only 260,545 units trading, valued at $1,819,326.
JM sum 5-8-16A total of 3 stocks closed with bids higher than their last selling prices and none ended with a lower offer.
At the close, AMG Packaging traded 2,099 shares at $12.50, Caribbean Cream gained 10 cents with 7,970 shares changing hands at $7, Caribbean Flavours traded 154,637 units to end at $6.50 with a loss of 3 cents, Caribbean Producers traded 8,323 units and rose 25 cents to close at $3.50. Consolidated Bakeries lost 12 cents in trading 12,000 shares to close at $2.13, Honey Bun had 25,450 shares changing hands, to close with a gain of 5 cents, at $5.60 after the company reported sales increasing by 36 percent and profit before taxes jumping 124 percent to $38 million for the June quarter.JM Trdng Sht 5-8-16 Iron rock Insurance fell 32 cents while trading 3,000 shares to close at $3.28, KLE Group ended at $1.30 with 4,232 shares changing hands, after losing 5 cents, Knutsford Express closed with 21,500 units changing hands at $16.70, after dropping $2.82. Lasco Distributors ended with 15,784 shares changing hands at $7, Lasco Financial ended with 2,850 shares changing hands at $3.25, for a fall of 10 cents, Lasco Manufacturing closed at $5 with 2,500 shares trading and Eppley 10% preference share, traded 200 units at $6.10.

Light trading on JSE – Friday

Trading of stocks on the Jamaica Stock Exchange on Friday morning was light, with just 18 securities changing hands ahead of the independence day holiday on Saturday. The market indices all rose in the main and junior markets, but declining stocks were in the ascendancyJSE Intra - 5-08-16 with only 3 stocks gaining in price versus 8 that fell.
The all Jamaica Composite Index rose 124.20 points to 178,078.40 the Jamaica Stock Exchange Market Index climbed 111.05 points to 160,275.52 the Jamaica Stock Exchange combined index gained 136.97 points to close at 171,241.10 points andthe junior market index gained 3.31 points to 2,200.15.
Trading levels at 10:45 am was low, resulting in a volume of a mere 112,608 shares changing hands. The average number of shares traded amounts to only 6,256 units compared to 33,688 units on Thursday.
Iron Rock Insurance has buying for 3,992,866 units at $3.28, Jamaica Producers Bond had an offer to sell 5,776,818 units at $1.10 and Radio Jamaica had 967,693 units offered at $1.68.

Juniors end with 3 new highs – Thursday

Blue Power hit a new high of $16.50 on Thursday.

Blue Power hit a new high of $16.50 on Thursday.

The junior market rose slightly on Thursday with 19 active securities of which 9 stocks rose and 5 declined. Three stocks closed at a 52 weeks’ high and one traded at an intraday low. The market index gained 12.34 points to close at 2,196.84, as a total of 910,288 units traded, valued at $3,268,885.
A total of 2 stocks closed with bids higher than their last selling prices and 3 ended with a lower offer.
At the close, Access Financial traded just 163 shares at $17.50, Blue Power Group ended with 5,000 shares changing hands with a gain of 40 cents to close at a 52 weeks’ high of $16.50, CAC 2000 had 2,589 units changing hands to close with a loss of 10 cents at $6.40.JM sum 4-8-16 Caribbean Cream closed 10 cents lower with 38,177 shares changing hands at $6.90, Caribbean Producers traded 16,000 units with at $3.25, Consolidated Bakeries gained 5 cents in trading 4,104 shares to close at a 52 weeks’ high of $2.25. C2W Music closed with a gain of 1 cent as 33,000 units changed hands to close at 30 cents, the stock traded at an intraday low of 25 cents. Dolphin Cove rose by 35 cents while 2,000 units were traded, to close at $14, Honey Bun had 47,118 shares changing hands, to close with a gain of 10 cents, at $5.55. Iron rock Insurance gained 42 cents while trading 1,000 shares to close at $3.60, ISP Finance jumped 65 cents to a new high of $5.15 with only 1,000 shares changing hands. Key Insurance traded 2,000 units at $2.60, JM Trdng Sht 4-8-16rKLE Group ended at $1.35 with 100,000 shares changing hands, after rising by 5 cents, Knutsford Express closed with 30,000 units changing hands at $19.52, after rising by 52 cents. Lasco Distributors ended with 37,152 shares changing hands at $7, Lasco Financial ended with 32,985 shares changing hands at $3.35, for a rise of 5 cents, Lasco Manufacturing lost 5 cents and closed at $5 with 88,000 shares trading. Medical Disposables traded with a loss of 35 cents to close at $3.15 with 20,000 shares changing hands and Derrimon Trading preference share, traded 449,000 units at $2.07.

5 junior stocks gain 3 fall – Tuesday

Junior market trading closed with an increase in the index on Tuesday with more stocks gaining than falling, with 12 securities being active. JM - Sum 26-7-16The index closed 24.94 points higher at 2,181.35 as 5 stocks gained and 3 declined. A total of 1,483,101 units traded, valued at $7,313,357.
A total of 5 stocks closed with bids higher than their last selling prices and 1 ended with lower offers.
At the close, Access Financial Services lost 15 cents to close at $17.35, with 78,559 units changing hands, Caribbean Cream gained 49 cents with 238,866 shares changing hands to close at $7, Caribbean Flavours traded 13,002 units to end at $7. Caribbean Producers traded 10,000 shares and gained 1 cent to end at $3.26, JM Trdng Sht 26-7-16Derrimon Trading rose 1 cent in trading 4,000 shares to end at $3.07, Honey Bun fell 3 cents with 400 shares changing hands and closed at $5.50. Iron Rock Insurance lost 7 cents in trading 610,529 shares to close at $3.18, Jamaican Teas rose 60 cents and traded 1,000 shares to close at $3.80, Lasco Distributors ended with 9.710 shares changing hands, but rose 40 cents to $7.40, Lasco Financial ended with 167,060 shares changing hands to close at $3.35. Lasco Manufacturing closed at $5 with 326,431 shares trading and tTech traded 23,544 units to end at $4.

Juniors slip slightly on Friday

JSE sign 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,JM - Sum 22-7-16 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, JM Trdng Sht 22-7-16Iron 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 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.
JM - Sum 21-7-16A 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. JM Trdng Sht 21-7-16Jetcon 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 market up on Wednesday

Junior market trading closed with 15 securities being active accounting for just under 600,000 shares changing hands compared to less than 4.3 million on Tuesday. The junior index closed 37.85 points higher at 2,192.99 as 6 stocks gained and 6 declined.
JM - Sum 20-7-16At the close on Wednesday, 597,857 units traded, valued at $6,072,927 down from $20,712,312 on Tuesday. A total of 5 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
At the close, Cargo Handlers ended with 250 shares changing hands, at $46, Caribbean Cream fell 2 cents in closing at $6.98, with 48,600 shares traded, Caribbean Producers traded 3,550 shares and gained 19 cents to end at $3.20, Consolidated Bakeries traded 17,796 shares to end at $2.10. Derrimon Trading gained 1 cent to close at $3.05 with 27,000 shares changing hands, Iron Rock Insurance fell 2 cents in trading 11,000 shares and closed at $3.18, Jamaican Teas lost 30 cents in trading at $3.50 with 18,000 shares changing hands, JM Trdng Sht 20-7-16Knutsford Express had 270,000 units changing hands, to close at $15. Lasco Distributors ended with 141,930 shares changing hands, but rose 20 cents to $7.30, Lasco Financial ended with a rise of 14 cents while 17,700 shares changed hands at $3.40, Lasco Manufacturing closed at $5 with 16,000 shares trading a decline of 1 cent. Medical Disposables traded 2,743 shares and gained 39 cents to close at $3.49, Paramount Trading climbed 50 cents to $11 with 21,351 shares changing hands, Sweet River lost 19 cents in trading 1,000 shares to close at $3.80 and tTech ended with 937 shares changing hands to end at $3.80 after shedding 20 cents.

Lasco Manufacturing 3m trade – Tuesday

Junior market trading improved on Tuesday over the low levels on Monday. The market closed with 13 securities being active accounting for more than 4 million shares changing hands compared to less than 1 million on Monday. The junior index closed higher at 2,155.14 with a rise of 3.10 points as 4 stocks gained and 3 declined.
JM - Sum 19-7-16At the close of the market on Tuesday, 4,344,805 units traded, valued at $20,712,312, as Lasco Manufacturing traded just over 3 million shares. A total of 5 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the close, Blue Power traded only 750 shares at $16.18, Cargo Handlers ended with 5,198 shares changing hands, at $46, Caribbean Cream gained 30 cents and ended at a 52 weeks’ closing high of $7, with 47,383 shares traded, Derrimon Trading traded at $3.05 with 530,506 shares changing hands. General Accident gained 10 cents in trading 5,844 units at $2.15, Honey Bun rose 1 cent while trading 131,308 shares to close at $5.60, Iron Rock Insurance JM Trdng Sht 19-7-16fell 35 cents in trading 9,000 shares and closed at $3.20, Knutsford Express had 119 units changing hands, to close at $15. Lasco Distributors ended with 183,959 shares changing hands, but rose 4 cents to $7.10, Lasco Financial ended with a loss of 9 cents while 398,448 shares changed hands at $3.26, Lasco Manufacturing closed at $5.01 with 3,015,390 shares trading to gain 1 cent. Medical Disposables traded 11,900 shares to close at $3.10 and Derrimon Trading preference share ended with 5,000 shares changing hands to end at $2.08,

Caribbean Cream hits new high – Friday

The junior market index drifted down 1.29 points to end at 2,157.34 even as closed with 6 advancing and 2 declining while Caribbean Cream traded 125,720 shares with a gain of 60 cents, to close at a new all-time high of $6.65, in continued response to an 81 percent jump in profit to $71 million, for the May quarter.
JM - Sum 15-7-16At the close of the market on Friday, 1,509,505 units traded valued at $8,532,147 and ending with 11 securities being active. A total of 4 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the close, AMG Packaging fell 1 cent in trading 201,400 shares to close at $12.50. AMG reported slightly lower sales in the May quarter, compared with 2015 with it being slightly higher in the nine months to May, but reported profit of $15.9 million in the quarter versus $20.76 million in 2015 and $67.9 million for the nine months compared with $52.45 million, in the similar period in 2015. Blue Power ended at $16.18 with 9,000 units changing hands, Consolidated Bakeries gained 7 cents in trading 400,000 shares to close at $2.10. Dolphin Cove gained 25 cents to $12.75 with 25,377 shares changing hands, JM Trdng Sht 15-7-16Honey Bun regained the 30 cents it lost on Thursday while trading 185,000 shares to close at $5.60, Iron Rock rose 20 cents in trading 139,156 shares and closed at $3.55. Knutsford Express had 2,110 units changing hands with a rise of 30 cents to close at $15, Lasco Distributors ended with 130,134 shares changing hands, but fell 16 cents close at $7.32, Lasco Financial ended with 41,389 shares changing hands at $3.35, Lasco Manufacturing closed at $5.01 with 250,219 shares trading.

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.
JM - Sum 13-7-16uThe 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.
JM Trdng Sht 13-7-16At 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.