Juniors rise again – Wednesday

Honey Bun fell $3 to close at $13 on Wednesday.

Honey Bun fell $3 to close at $13 on Wednesday.

The junior market index recovered some ground on Wednesday with a gain of 26.10 points to end at 1,881.43. Trading ended with 12 active securities, 6 of which advanced and 5 declined while 1,448,567 units valued at $4,853,764, changed hands.
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, JM Trdng Sht 20-4-16General 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

Honey Bun jumps again on Monday

Honey Bun jumps again on Monday

The junior market closed slightly higher on Monday with a gain of 21.36 points to 1,874.72, helping in the rise was another climb by Honey Bun following the announcement of a consideration for a stock split. Trading ended with 20 active securities, 7 of which advanced and 8 declined while only 430,780 units valued at $4,634,021, changed hands.
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, JM Trdng Sht 18-4-16KLE 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

JM Sign build 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, JM Trdng Sht 14-4-16Jamaican 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.

Sharp gains for juniors – Friday

JM Sign The junior market moved sharply higher on Friday with 51.50 points to close at 1,814.37. Trading ended with 13 active securities, 6 of which advanced and 2 declined as 470,000 units valued at $1,549,597 changed hands.
There were 7 stocks closing with bids that were higher than their last selling prices and none ended with a lower offer.
At the end of trading, CAC 2000 had 4,674 shares trading to close at $6.50, Caribbean Producers gained 25 cents in trading 9,400 units, to end at $4.05, General Accident rose by 26 cents in trading 580 units and closed at $2.59. Honey Bun had just 1,500 shares trading but ended unchanged at $11, Iron Rock rose 5 cents to close at $3.90 after trading 12,048 units,JM Trdng Sht 8-4-16 Jamaican Teas closed at $3.80 after trading 21,710 units. Jetcon Corporation lost 1 cent to close at $2.84 after 149,862 shares changed hands, Key Insurance closed at $3 with 6,300 units changing hands. Lasco Distributors put on 50 cents and ended with 14,882 units trading at $5. Lasco Financial closed at $3 with 128,901 shares changing hands, Lasco Manufacturing ended with 87,508 shares changing hands having risen by 14 cents to close at $3.65, tTech traded 19,740 shares but lost 30 cents to close at $4 and Derrimon Trading preference shares gained 13 cents to end at $2.30 with 12,895.

Key Insurance list on junior market

Natalia Gobin-Gunter Chairman and Deputy Managing director inserting name strip to indicate listing of Key Insurance on the junior market on Thursday

Natalia Gobin-Gunter Chairman and Deputy Managing director inserting name strip to indicate listing of Key Insurance on the junior market on Thursday

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, JM sum 31-03-16rvJamaican 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

JM SignAt 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.JM sum 22-03-16 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.

Junior stocks fell – Monday

Jamaican Teas traded at a new high of $5.24 on Monday.

Jamaican Teas traded at a new high of $5.24 on Monday.

At the close, the junior market index ended trading on Monday with a small loss of 29.68 points to close at 1,944.64. The market ended with 12 securities trading, 5 of which declined and 3 advancing and 935,672 units changing hands, valued at $3,901,047. One stock traded at an intraday 52 weeks’ high.
At the close, 1 security ended with no bid and 6 securities had no stocks being offered for sale. There were 3 stocks closing with bids that were higher than their last selling prices and 5 ended with lower offers.
In trading, Access Financial traded just 220 and gained 50 cents to close at $17, AMG Packaging fell 47 cents with 400 units changing hands to close at $11, Blue Power had just 379 shares trading but rose 18 cents to end at $11.18. Caribbean Cream traded 52,000 shares but fell $1.05 to $3.70, Caribbean Flavours had 25,950 units trading firm at $8, General Accident traded at $3 with 129,400 shares changing hands. Honey Bun traded 24,051 units at $13 after falling 8 cents, JM sum 21-03-16newly listed Iron Rock Insurance traded 368,917 shares and closed unchanged at $4, Jamaican Teas closed at $5 after trading 8,465 units, the price traded at a 52 weeks’ intraday high of $5.24 before closing. Lasco Distributors closed with 88,618 units trading with a fall of 8 cents at $5.90, Lasco Financial ended at $3.03 with 134,243 shares changing hands 1 cent higher and Lasco Manufacturing ended with 103,029 shares changing hands to close at $3.80 with a fall of 10 cents.

Modest gains for JSE majors – Monday

JSE intra 21-03-16 The main market of the Jamaican Stock Exchange made small gains in the early morning session on Monday but the junior market suffered a mild decrease while newly listed Iron Rock Insurance slipped in price again by 25 cents to $3.75 while trading 117,100 shares.
After 90 minutes of the market’s opening, 25 securities traded, accounting for a mere 839,756 shares changing hands as 8 stocks gained and 5 declined.
The all Jamaica Composite Index rose 164.02 points to 170,199.28, the JSE Market Index gained 146.76 points to 153,229.83, the JSE combined index ended with rise of 121.87 points to 162,303.75 but the junior market index lost 1.80 points to 1,972.52.

General Accident dominates juniors – Friday

General Accident traded 2.8m shares  on Friday

General Accident traded 2.8m shares on Friday

Newly listed Iron Rock Insurance traded 87,516 shares but declined by 40 cents in closing at $4 but General Accident stole the spotlight with 2.8 million shares changing hands. At the close the junior market index ended trading on Friday with a small loss of 7.12 points to close at 1,974.32.
The market ended with 14 securities trading, 5 of which declined and 6 advancing and 3,473,758 units changing hands, valued at $11,095,522. One stock traded at an intraday 52 weeks’ high
At the close, 1 security ended with no bid and 6 securities had no stocks being offered for sale. There were 3 stocks closing with bids that were higher than their last selling prices and 5 ended with lower offers.
In trading, Access Financial traded 24,500 in one block as a cross at $16.50 for a loss of 1 cent, AMG Packaging gained 5 cents with 5,814 units changing hands to close at $11.47, Caribbean Cream traded 120,000 shares and rose 69 cents to $4.75 but closed with the offer at $4.30 to sell 45,000 units. Caribbean Flavours had 3,000 units trading firm at $8, Caribbean Producers traded 16,000 shares but slipped 25 cents to $4.17, Consolidated Bakeries ended with 21,000 shares trading at $1.30 after dropping 18 cents,JM sum 18-03-16 Dolphin Cove closed with 100 shares changing hands at $15.29, General Accident jumped 60 cents to close at a 52 weeks’ high of $3 with 2,811,669 shares. Honey Bun traded only 1,000 units at $13.08 after falling 41 cents, Jamaican Teas closed at $5 after the split of the issued stock into 2 shares, with 222,773 units traded, the price went as high as $5.05 before closing. Lasco Distributors closed with 32,418 units trading with a rise of 22 cents at $5.98, Lasco Financial ended at $3.02 with 33,785 shares changing hands with a 2 cents gain and Lasco Manufacturing ended with 94,183 shares changing hands to close at $3.90 with a rise of 9 cents.

Juniors move higher again – Tuesday

Iron RockThe junior market welcomed one new listing, bringing the total to 30, with the commencement of trading today of Iron Rock Insurance. The market enjoyed another day of a rising index at the close on Tuesday as 46.03 points were added to end at 1,960.80. There were two stocks closing at 52 weeks’ high at the close.
The market ended with 13 securities trading, 5 of which declined and 4 advancing and 310,507 units changing hands, valued at $1,653,369.
At the close, 1 security ended with no bid and 5 securities had no stocks being offered for sale. There were 5 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
In trading, AMG Packaging gained 15 cents with 9,400 units changing hands, to close at $11.30, Cargo Handlers traded 126 shares at a new 52 weeks’ high of $43, after adding $2.70, Caribbean Cream traded 25,400 shares, the price slipped by 25 cents and ended at $3.81, Dolphin Cove lost 1 cent to end with 1,000 shares trading at $15.29. General Accident closed with only 5,246 shares being active and gained 10 cents to end at $2.80, Honey Bun traded 20,660 units at $13.60 after shedding 40 cents, JM sum 15-03-16Iron Rock traded for the first time since its initial public offering early March and gained 55 cents to close at a 52 weeks’ high of $3.55, with 11,000 units changing hands. Knutsford Express gained $1to close at a 52 weeks’ high of $20 with 909 units changing hands, Jamaican Teas did not trade after the stock was adjusted for the a 2 for 1 stock split today. Lasco Distributors closed with 67,515 units trading to end at $6, Lasco Financial ended at $3.01 with 23,500 shares changing hands, Lasco Manufacturing ended with 129,251 shares changing hands to close at 3.50. Paramount Trading ended with 3,500 units changing hands at $11.31 after falling by 34 cents and tTech closed at $4.50 with 13,000 units changing hands.