The main market of the Jamaica Stock Exchange closed at a new record high on Monday at the end of a moderate trading session, following Friday’s record closing high, as technical indicators points to the market hitting over 380,000 points before hitting major resistance.
At the close, the All Jamaican Composite Index advanced by 444.90 points at 340,879.89 and the JSE Index gained 405.35 points to close at 310,580.06. Earlier in trading session, the All Jamaica hit a new intraday high of 341,987.04 points and the JSE Index 311,588.81.
Trading in the main market ended with 2,332,453 units valued at $28,665,085 compared to 5,657,684 units valued at $158,095,077 on Friday.
Market activities resulted in 31 securities trading including 2 in the US dollar market compared to 25 securities trading on Friday. At the end of trading, the prices of 13 stocks advanced, 11 declined and 7 traded unchanged.
The day’s volume was led by, Radio Jamaica with 649,627 shares, Carreras with 596,249 units and 1834 Investments Limited with 250,000 units.
Major price changes| Barita Investments gained 51 cents to end at $9.51 trading 938 shares, Berger Paints traded just 200 shares changing hands, with the price falling 50 cents to $19, Grace Kennedy added 40 cents to $53, with 18,100 stock units trading, Jamaica Broilers lost 50 cents and closed trading at $7.50 trading 6,857 shares. JMMB Group traded 173,185 shares but fell 50 cents to $28, Kingston Wharves jumped $1.95 to $52.05 in trading 5,534 units, NCB Financial Group rose 51 cents in trading 90,387 shares at $100.52, Proven Investments fell 50 cents trading 12,235 shares at $26, Sagicor Real Estate Fund settled at $14.50, after slipping 45 cents in trading 35,365 shares, Salada Foods jumped $3.39 to end at $15.89, exchanging just 370 units, Scotia Group gained 60 cents in trading 10,980 units at $52.10 and Seprod finished trading at $34.00, after jumping $1.99 with 11,556 shares changing hands.
Trading in the US dollar market closed with 170,635 units valued at US$27,064 as Proven Investments rose 1 cent to 19 US cents with 112,235 shares trading and Sygnus Credit Investments closed with 58,400 units trading at 10 US cents. The JSE USD Equities Index rose 3.05 points to 147.76.
Trading resulted in an average of 80,429 units valued at an average of $988,451 for each security traded. In contrast to 245,986 units for an average of $6,873,699 on Friday. The average volume and value for the month to date amounts 169,022 units valued at $3,514,756 compared to 173,907 units valued at $3,499,633 on Friday. June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 5 closing with lower offers.
Junior Market at 8¾ months high
The Junior Market Index rose 13.46 points to close at 3,106.56, the highest point since closing at 3,126.33 points on November 6, last year.
At the close 27 securities changed hands, compared to 28 on Friday as 10 advanced, 13 declined and 4 remained unchanged leading to 1,680,855 units valued at $8,331,767 trading, compared to 1,107,171 units valued $5,663,225 on Friday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 4 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Trading closed with an average of 62,254 units for an average of $308,584 in contrast to 39,542 units for an average of $202,258 on Friday. The average volume and value for the month to date amounts to 155,454 units valued at $659,264 and 161,147 units valued at $663,703 on the previous trading day. 
Trading in June, ended with an average of 139,543 units, valued at $671,002 for each security traded.
At the close of trading, Access Financial gained 30 cents and closed at $47, trading 1,200 shares, AMG Packaging ended with a loss of 2 cents at $1.96, while exchanging 1,830 stock units, Blue Power jumped $4.01 to end at $40, with 100 units trading, CAC 2000 finished 90 cents higher at $10, with 11,067 shares changing hands, Cargo Handlers climbed 56 cents to $10.89, trading 1,492 shares. Caribbean Producers finished trading 29 cents higher at $5.99, with 55,100 units, C2W Music ended with a loss of 29 cents at $1.71, swapping 26,583 shares, Derrimon Trading concluded trading $3 higher to a 52 weeks’ high of $23.50, with 4,800 shares being exchanged, Dolphin Cove finished with a loss of 50 cents at $16.50, after 1,220 stock units traded. Elite Diagnostic settled with a loss of 5 cents at $2.85, trading 17,000 units, Everything Fresh traded 58,725 shares and lost 13 cents to end at $1.95, Express Catering traded 54,008 shares and rose 15 cents to $7.95, FosRich Group finished trading at $2.97, with 300 shares, General Accident exchanged 15,600 stock units and closed at $3.15. GWest Corporation ended with a loss of 15 cents at $2.20, swapping 6,589 units, Honey Bun concluded trading with a loss of 46 cents at $4.50, with 2,787 shares, Jamaican Teas ended trading 12,122 stock units and rose 24 cents to $4.75, 
Jetcon Corporation traded at $4, with 170,000 units. Knutsford Express ended with a loss of 35 cents at $11.60, with 13,153 shares trading, Lasco Distributors concluded trading with a loss of 6 cents at $3.74, with 41,946 stock units, Lasco Financial finished 1 cent higher at $5.06, trading 1,070,500 units, Lasco Manufacturing settled with a loss of 3 cents at $4.02, after exchanging 40,991 shares. Main Event ended trading 1,630 shares at $7.45, Medical Disposables traded 15,000 shares and rose 9 cents to $5.60, Paramount Trading finished trading with a loss of 4 cents at $2.96, while exchanging 40,000 stock units and Stationery and Office closed with a loss of 50 cents at $8, trading 8,959 units. In the junior market preference segment, Eppley 9.5% finished with a loss of 2 cents at $5.98, with 8,153 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
JSE trades at record high
The Jamaica Stock Exchange main market, trades at a new intraday high in the morning session on Monday and could be heading for another record close, if prices hold up substantially at the the end of trading.
Just before Mid-day the All Jamaican Composite Index climbed 1,552.05 points to 341,987.04 and the ;JSE Index rose 1,414.10 points to 311,588.81. the new record follows the record reached on last Friday. When the All Jamaican Composite Index climbed a strong 2,697.06 points to 341,378.20 and the JSE Index surged 2,457.33 points to 311,034.08 as NCB Financial jumped over $3 and ended the day at $100.01 following release of the group’s nine months results.
Currently, the Junior Market trades down, 15.08 points to 3,078.02.
NCB jumps out Indies in IC TOP 10
The main market of Jamaica Stock Market ended at a record close on Friday with NCB Financial jumping $3.01 to $100.01 as Jamaica’s largest financial group dropped out of the IC Insider.com’ Top 10 main market stock list.
NCB price jumped on Friday, as investors responded positively to the group’s June results and was replaced by Carreras at 9th position. NCB remains an excellent stock to hold for long term growth and increased dividends. In the Junior market Caribbean Producers rose to $5.80 and Medical Disposables to $5.51 to ease out of the top listing and were replaced by recent Initial Public Offer, Indies Pharma at number 9 and Jetcon at 10.
The PE ratio for Junior Market Top stocks averages 7.4 compared to an average PE for the overall market of 12, based on 2018 estimated earnings and the main market PE stands at 7.8 for the top stocks, compared to a market average of 13, 
a good indicator of the level of undervaluation of these stocks.
The TOP 10 stocks now trade at an average discount of 37 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be of 20 times earnings and main market stocks traded at a discount of 40 percent to the market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order.
Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.
Record high for JSE stocks – Friday
The main market of the Jamaica Stock Exchange jumped to new record highs at the end of trading on Friday, after trading at an intraday record high of 341,378.20 on the All Jamaica Composite Index.
At the close, the All Jamaican Composite Index jumped 1,753.85 points to a closing record high of 340.434.99 and the JSE Index climbed 1,597.96 points to end at a record closing high of 310,174.71.
Trading in the main market ended with 5,657,684 units valued at $158,095,077 compared to 12,872,984 units valued at $191,208,699 on Thursday.
Market activities resulted in 25 securities trading including 2 in the US dollar market compared to 26 securities trading on Thursday. At the end of trading, the prices of 8 stocks advanced, 13 declined and 4 closed unchanged.
The day’s volume was led by Carreras with 1,409,425 units and 24.91 percent of the day’s volume, followed by Grace Kennedy with 1,066,861 units accounting for 18.86 percent of the day’s volume and NCB Financial Group with 590,804 units or 10.44 percent of the total volume.
Stocks with major price changes are, Caribbean Cement climbing $1.49 trading 19,732 shares at $41.50, Grace Kennedy that rose 53 cents to $52.60, with 1,066,861 stock units trading. Jamaica Broilers adding 70 cents, closing trading at $26 trading 502,394 shares. Kingston Wharves dropped $2.89 to $50.10 in trading 600 shares. NCB Financial Group jumped $3.01 and ended trading at $100.01, Sagicor Group settled at $38, after falling 99 cents in trading 17,126 shares, Scotia Group lost 50 cents in trading 50,560 units at $51.50, Seprod ended at $32.01, after shedding $1.99 in trading 1,780 shares, Sterling Investments rose 50 cents and end at $12, with 60,000 units and Sygnus Credit Investments closed with 88,360 units trading at $12.50 after falling 50 cents.
Trading in the US dollar market closed with 502,180 units valued at US$50,395 as Proven Investments rose 0.99 cent to 18 US cents with 2,180 shares trading and Sygnus Credit Investments closed with 500,000 units trading with a decline of 0.5 cents to 10 US cents. The JSE USD Equities Index rose 2.42 points to 144.71.
Trading resulted in an average of 245,986 units valued at an average of $6,873,699 compared to 252,649 units valued at an average of $5,757,925 for each security traded on Thursday. The average volume and value for the month to date amounts 173,907 units valued at $3,499,633 compared to 165,957 units valued at $3,192,366 on Thursday. June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 closing with lower offers.
Volume falls on Junior Market – Friday
Junior market volume contracts.
At the close of market activities, the prices of 10 securities advanced, 9 declined and 9 remained unchanged leading the Junior Market Index to rise 6.35 points to 3,093.10. Trading resulted in an exchange of 1,107,171 units valued at $5,663,225 compared to 2,324,843 units valued at $12,333,157 on Thursday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 3 stocks ending with bids higher than their last selling prices and 8 with lower offers.
Trading closed with an average of just 39,542 units for an average of $202,258 in contrast to 105,675 units for an average of $560,598 on Thursday. The average volume and value for the month to date amounts to 161,147 units valued at $663,703 and previously, 169,372 units valued at $694,911. Trading in June, ended with an average of 139,543 units, valued at $671,002 for each security traded.
At the close of trading, Access Financial closed at $46.70, trading 2,500 shares, AMG Packaging ended with a loss of 2 cents at $1.98, in exchanging 56,013 stock units, CAC 2000 rose 10 cents to end at $9.10, with 2,407 shares changing hands, Cargo Handlers gained 33 cents to close at $10.33, trading 179,074 shares, Caribbean Cream ended trading with a loss of 50 cents at $5.30, with 65,795 shares. Caribbean Flavours traded 60 cents higher at $12.70, with 6,000 stock units being exchanged, Caribbean Producers finished trading with a loss of 10 cents at $5.70, with 2,000 units, Consolidated Bakeries closed 5 cents higher at $2.10, with 7,500 shares, C2W Music ended at $2, with 2,250 shares. Derrimon Trading concluded trading at $20.50, with 7,545 shares, Elite Diagnostic settled at $2.90, with 29,475 units changing hands, Everything Fresh traded 91,598 shares and gained 8 cents to end at $2.08, Express Catering traded 10 cents higher at $7.80, with 12,945 shares, FosRich Group finished trading with a gain of 55 cents at $2.97, with 40,147 shares. General Accident closed 5 cents higher at $3.15, with 48,812 stock units trading, 
GWest Corporation ended with a loss of 5 cents at $2.35, exchanging 3,869 units, Honey Bun concluded trading with a loss of 4 cents at $4.96, after 1,272 shares changed hands, Jamaican Teas declined 49 cents to $4.51, with 29,000 stock units trading. Jetcon Corporation traded 44,268 units and lost 10 cents to close at $4, KLE Group closed at $2.90, trading 30,137 shares, Knutsford Express ended 40 cents higher at $11.95, exchanging 8,585 shares, Lasco Distributors concluded trading at $3.80, with 296,375 stock units changing hands. Lasco Financial traded just 262 units and finished with a loss of 5 cents at $5.05, Main Event ended trading at $7.45, with 17,284 shares, Medical Disposables traded 48,807 shares with a loss of 49 cents at $5.51, Paramount Trading finished trading 16,539 stock units at $3 and Stationery and Office rose 50 cents to $8.50, exchanging 6,420 units. In the junior market preference segment, Derrimon Trading 9% preference share ended at $2.50, with 50,292 stock units changing hands.Prices of securities trading for the day are those at which the last trade took place.
9 all for Junior Market – Thursday
The evenness of the advance decline ratio in trading on Thursday pretty much sums up trading on the Junior Market as the market index hardly moved, closing just 1.20 points down to close at 3,086.75 after the prices of 9 securities advanced, 9 declined and 4 remained unchanged.
At the close of market activities,22 securities changed hands, resulting in an exchange of just 2,324,843 units valued at $12,333,157 compared to 737,126 units valued at $3,562,822 on Wednesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 3 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Trading closed with an average of just 105,675 units for an average of $560,598 in contrast to 40,951 units for an average of $197,935 on Wednesday. The average volume and value for the month to date amounts to 169,372 units valued at $694,911 and previously, 172,947 units valued at $702,449. Trading in June, ended with an average of 139,543 units, valued at $671,002 for each security traded.
At the close of trading, Cargo Handlers traded 106,070 shares and gained 35 cents to $10, Caribbean Cream ended trading 20,600 units, rising b 30 cents to $5.80, 
Caribbean Flavours traded with a rise of 10 cents to $12.10, with 2,900 stock units changing hands, Caribbean Producers added 30 cents in exchanging 5,000 units at $5.80, C2W Music ended at $2, with 10,200 shares traded. Derrimon Trading concluded trading with a loss of 50 cents at $20.50, with 1,500 shares, Elite Diagnostic settled 10 cents higher at $2.90, with 29,004 units, Express Catering traded with a loss of 10 cents at $7.70, with 2,538 shares changing hands, FosRich Group fell 13 cents to $2.42, trading 34,309 shares. Honey Bun concluded trading 30 cents higher at $5, with 8,300 shares changing hands, Jamaican Teas traded 6,406 stock units at $5, Jetcon Corporation closed at $4.10, with 29,139 units, Key Insurance climbed 45 cents to $3.47, exchanging just 1,000 shares. KLE Group closed at $2.90, with 72,767 shares, 
Knutsford Express ended with a loss of 5 cents at $11.55, with 3,133 shares, Lasco Distributors declined 20 cents to $3.80, trading 1,227,017 stock units, Lasco Financial finished with a loss of 10 cents at $5.10, with 2,100 units. Lasco Manufacturing settled 5 cents higher at $4.05, with 86,223 shares, Main Event ended trading with a loss of 20 cents at $7.45, after 3,079 shares crossed over the exchnage, Medical Disposables jumped 98 cents to $6, with just 200 shares being traded, while Stationery and Office closed with a loss of 50 cents at $8, as investors sold off 656,458 shares and tTech concluded trading with a loss of 15 cents at $5.25, with 16,900 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Falling JSE stocks beat out gainers
The main market of the Jamaica Stock Exchange suffered moderate losses in the main indices with just over 30 points drop at the close on Thursday as advancing stocks out-paced decliners.
At the close, the All Jamaican Composite Index lost just 38.40 points to close at 337,480.52 and the JSE Index fell a mere 34.99 points to close at 307,482.85.
Trading in the main market ended with 12,872,984 units valued at $191,208,699 compared to 12,872,984 units valued at $191,208,699 on Wednesday.
Market activities resulted in 26 securities trading including 3 in the US dollar market compared to 26 securities trading on Wednesday. At the end of trading, the prices of 11 stocks advanced, 13 declined and 7 closed unchanged.
NCB Financial released third quarter results to June, after the market closed, with net profit attributable to stockholders increasing 40 percent to $20.7 billion, from $5.9 billion in the prior year’s nine months period. The group recorded $4.4 billion in one off gains from the acquisition of the majority shares in Clarien bank in Bermuda.
The day’s volume was led by, PanJam Investment that closed at $52.65, with 2,20,403 stock units, Radio Jamaica with 1,082,403 shares, JMMB Group 7.5% preference share trading 943,000 units, Carreras with 791,670 units and Berger Paints with 600,602 shares.
Stocks with major price changes are, Berger Paints with 600,602 shares changing hands with the price gaining 68 cents to $19.50 Caribbean Cement dropped 99 cents in trading 11,500 shares at $40.01, Carreras with 791,670 units but fell 50 cents to $9, Grace Kennedy lost 93 cents to $52.07, with just 6,600 stock units trading, Jamaica Stock Exchange shed 49 cents and closed trading at $7.50 trading 6,857 shares. JMMB Group 59,948 shares but fell $1.49 to $28.51, Kingston Wharves jumped $2.09 to $52.99 in trading 10,715 units. NCB Financial Group rose 50 cents and ended trading with 17,389 shares at $97, Sagicor Group settled at $38.99, after rising 49 cents in trading 31,626 shares, Sterling Investments rose 98 cents and end at $11.50, with 1,141 units and Supreme Ventures ended at $16, after gaining 90 cents in trading 26,089 shares.
Trading in the US dollar market closed with 328,462 units valued at US$40,221 as Margaritaville rose 0.10 cent and ended at 16.90 US cents with 900 shares and Productivity Business ended trading 6 cents lower to 50 cents with 541 shares, Proven Investments lost 1.09 cents to 17.01 US cents with 72,171 shares trading and Sygnus Credit Investments closed with 254,850 units trading with a decline of 1.5 cents to 10.50 US cents. The JSE USD Equities Index fell 9 points to 142.29.
Trading resulted in an average of 252,649 units valued at an average of $5,757,925 compared to 559,695 units valued at an average of $8,313,422 for each security traded on Wednesday. The average volume and value for the month to date amounts 170,611 units valued at $3,337,283 compared to 165,957 units valued at $3,192,366 on Wednesday. June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 3 closing with lower offers.
14 JSE stocks rise 7 fall on Wednesday
The main market of the Jamaica Stock Exchange suffered moderate losses in the main indices with just over 30 points drop at the close on Wednesday as advancing stocks out-paced decliners.
At the close, the All Jamaican Composite Index lost just 38.40 points to close at 337,480.52 and the JSE Index fell a mere 34.99 points to close at 307,482.85.
Trading in the main market ended with 12,872,984 units valued at $191,208,699 compared to 2,446,501 units valued $62,753,272 on Tuesday.
Market activities resulted in 26 securities trading including 3 in the US dollar market compared to 27 securities trading on Tuesday. At the end of trading, the prices of 14 stocks advanced, 7 declined and 5 closed unchanged.
Supreme Ventures released second quarter results after the market closed with lower profit in the second quarter of $432 million from $502 million in the 2017 quarter. For the half year, profit of $1.05 billion was realized versus $920 million in 2017. Quarterly reports are expected from NCB Financial and Caribbean Cement on Thursday but Proven Investments that was also expected to report, will not do so until August.
The day’s volume was led by, Jamaica Broilers with 3,750,148 units and 29.13 percent of the day’s volume, followed by Jamaica Stock Exchange with 2,659,680 units 20.66 percent, Carreras with 2,607,344 units, accounting for 20.25 percent of the day’s volume, Wisynco Group concluded trading with 1,894,754 stock units and Jamaica Producers traded 1,291,459 shares.
Stocks with major price changes are, Caribbean Cement rising $1 and finished trading 24,225 shares at $41, Grace Kennedy jumped $1.24 to $53, with just 100 stock units trading, Jamaica Stock Exchange gained 59 cents and closed trading at $7.99, NCB Financial Group fell 50 cents and ended trading with 20,560 shares at $96.50, PanJam Investment lost 55 cents and closed at $52.45, with 7,553 stock units, Sagicor Group settled at $38.50, after falling 33 cents in trading 9,418 shares, Sagicor Real Estate Fund rose 90 cents and end at $14.95, with 11,661 units. Salada Foods climbed 90 cents, trading 10,000 stock units at $12.50, Scotia Group climbed $1.75 to end at $52.00, in exchanging 9,281 units and Supreme Ventures ended at $15.10, after gaining 59 cents as 240,095 shares traded.
Trading in the US dollar market closed with 45,640 units valued at US$11,330 as JMMB 6% ended with a gain of 2 cents and closed at $1.05 in trading 4,070 stock units, 
Proven Investments rose 1.1 cent to 18.10 US cents with 33,900 shares trading and Sygnus Credit Investments closed with 7,670 units trading with a gain of 1 cent t0 12 US cents. The JSE USD Equities Index rose 4.60 points to 151.29.
Trading resulted in an average of 559,695 units valued at an average of $8,313,422 compared to 106,370 units valued at an average of $2,728,403 for each security traded on Tuesday. The average volume and value for the month to date amounts 165,957 units valued at $3,192,366 compared to 145,966 units valued at $2,917,169 on Tuesday. June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 3 closing with lower offers.
Junior Market climbs 30 points – Wednesday
Junior market volume contracting as selling volume decline.
At the close of market activities,18 securities changed hands, resulting in an exchange of just 737,126 units valued at $3,562,822 compared to only 1,131,911 units valued $4,659,737, from 23 securities changing hands on Tuesday. C2W Music traded at a 52 weeks’ high of $2.
IC bid-offer Indicator|At the end of trading, as was the case at the close on Thursday signs continue to be good for a continuation of gains when trading resumes, with a very positive Investor’s Choice bid-offer indicator reading of 8 stocks ending with bids higher than their last selling prices and 3 with lower offers.
Trading closed with an average of just 40,951 units for an average of $197,935 in contrast to 49,214 units for an average of $202,597 on Tuesday. The average volume and value for the month to date amounts to 172,947 units valued at $702,449 and previously, 179,299 units valued at $726,731. Trading in June, ended with an average of 139,543 units, valued at $671,002 for each security traded.
The average volume and value for the month to date amounts to 172,947 units valued at $702,449 and previously, 179,299 units valued at $726,731. Trading in June, ended with an average of 139,543 units, valued at $671,002 for each security traded.At the close of trading, Access Financial closed in trading 550 shares at $46.70, Caribbean Cream ended trading with a loss of 99 cents at $5.50, with 25,461 units, C2W Music ended 50 cents higher at a 52 weeks’ high of $2, with 10,200 shares, Derrimon Trading concluded trading at $21, with 27,855 stock units, Dolphin Cove climbed $1 higher at $17, trading 2,800 shares. Elite Diagnostic settled at $2.80, with 51,331 units being traded, Everything Fresh traded 106,055 shares and gained 5 cents to end at $2.
Express Catering traded 123,443 units and gained 30 cents to end at $7.80, FosRich Group finished trading with a loss of 16 cents at $2.55, exchanging 35,905 shares,
General Accident closed at $3.10, with 200,000 stock units changing hands. Honey Bun concluded trading 1,005 shares and rose 5 cents to $4.70, ISP Finance settled at $16 after $1 with 5,597 shares trading, Jamaican Teas ended trading 13,938 stock units at $5, Jetcon Corporation traded 31,940 units at $4.10. Lasco Distributors gained 5 cents to close at $4, in exchanging 58,355 stock units, Lasco Financial close with 6,069 units trading and rose 20 cents to end at $5.20, Lasco Manufacturing settled at $4, exchanging 36,120 shares and Stationery and Office closed 55 cents higher at $8.50, with 502 units changing hands.Prices of securities trading for the day are those at which the last trade took place.