Wisynco still trading more than 1m shares

January 15, 2018 by

Recent listings, Victoria Mutual Investments and Wisynco Group remain two of the leading trades in the main market of the Jamaica Stock Exchange on Monday, with Wisynco being the lead trade with VM Investment holding third.
Market activity ended with 23 securities changing hands, of which 9 advanced, 10 declined, 3 traded firm leading to 3,228,645 units valued at $37,292,283 changing hands.
At the close of trading, the JSE All Jamaican Composite Index advanced by 1,863.51 points to 312,160.87 and the JSE Index rose 1,697.87 points to 284,413.84.
In main market activity, Berger Paints closed with a loss of 1 cent at $17, with 10,200 shares, Cable & Wireless concluded trading 2 cents higher at $1.32, with 231,000 units, Carreras finished with a loss of 1 cent at $11.29, with 179,723 shares, Grace Kennedy traded with a loss of 36 cents at $43, with 550 stock units, Jamaica Broilers finished trading with a loss of 26 cents at $17.24, with 17,752 units. Jamaica Producers closed 20 cents higher at $16.70, with 5,850 shares, JMMB Group concluded trading $1.20 higher at $25, with 32,934 shares, Kingston Properties finished with a loss of $1.70 to end at $6, with 1,834 stock units, Kingston Wharves settled 35 cents higher at $31.50, with 3,070 units. Mayberry Investments ended trading with a loss of 30 cents at $6.70, with 82,093 shares, NCB Financial Group traded 48 cents higher at $99.50, with 55,429 shares, 138 Student Living ended at $6, with 767 shares, PanJam Investment ended $1 higher at $41.50, with 1,000 units, Portland JSX concluded trading with a loss of 5 cents at $10.70, with 2,000 shares. Pulse Investments finished 20 cents higher at $2.10, with 27,500 shares, Radio Jamaica settled at $1.10, with 40,084 shares, Sagicor Group ended trading $1 higher at $36, with 5,060 stock units, Scotia Group finished trading at $50.50, with 16,044 shares. Supreme Ventures concluded trading with a loss of 30 cents at $11.70, with 2,000 stock units, VM Investments finished with a loss of 5 cents at $4.10, with 489,507 units, Wisynco Group settled with a loss of 27 cents at $9.75, with 1,107,314 shares and Sagicor Real Estate Fund ended trading 25 cents higher at $14.25, with 916,934 shares.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market stocks bounce on Monday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market index falls again – Monday

January 15, 2018 by

The Junior Market Index fell at the close of trading on Monday, falling points to close at 2,729.19, following gains in the prices of 5 securities, declines in 10 with prices 6 closing unchanged.
Trading ended with 21 securities changing hands, resulting in an exchange of 1,326,412 units valued at $4,542,759 compared to 3,580,303 units valued at $11,760,975 from 23 securities trading on Friday.
Trading ended with an average of 63,162 units for an average of $216,322 in contrast to 155,665 units for an average of $511,347 on Friday. For the month to date an average of 107,489 shares valued at $428,985 and previously, an average of 111,860 shares valued at $449,952. December closed with an average of 568,732 units valued at $3,447,957 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than the last selling prices and 6 with lower offers.
At the close of the market, AMG Packaging ended at $2.55, with 55,936 stock units, CAC 2000 finished with a loss of 50 cents at $8.20, trading 1,791 shares, Caribbean Cream ended trading at $5.77, with 2,200 shares, Caribbean Producers finished trading 9 cents higher at $4.37, with 210,229 units, C2W Music ended at 60 cents, with 3,000 shares. Express Catering ended trading with a loss of 35 cents at $4.85, with 47,496 shares, FosRich Group lost 10 cents to end at $2.50, with 281,281 shares, General Accident finished trading with a loss of 15 cents at $2.80, after 96,000 shares changed hands, GWest Corporation fell 3 cents to $2.90, with 141,865 stock units. Honey Bun ended with a loss of 5 cents at $4, trading 10,340 units, Jamaican Teas settled with a loss of 11 cents at $4.54, exchanging 2,640 shares, Jetcon Corporation ended trading 10 cents higher at $4.55, with 51,595 stock units, Knutsford Express closed at $15, with 7,060 shares. Lasco Distributors ended with a loss of 47 cents at $3.16, with 199,976 shares, Lasco Financial concluded trading with a loss of 10 cents at $5.40, with 10,000 stock units, Lasco Manufacturing finished 13 cents higher at $3.48, with 149,634 units, Main Event settled 38 cents higher at $5.41, with 1,245 shares. Paramount Trading traded with a loss of 9 cents at $3.50, with 50,000 shares, Stationery and Office finished trading at $4.90, with 2,624 stock units and tTech ended 38 cents higher at $6.38, with 1,000 shares. In the junior market preference segment, Eppley 8.25% ended at $5.45, with 500 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

Elite Diagnostics IPO a buy

January 15, 2018 by

Elite Diagnostics is the first 2018 IPO out of 9, that is expected this year.

The initial public offer for Elite Diagnostics will open on January 22 at $2 per share and is scheduled to close on January 29, the prospectus which is now out states.
A total of 70.68 million shares are offered to raise $141 million. The shares to be listed on the Junior Market of the Jamaica Stock Exchange, if the issue is successful and will bring the total company listings on the Junior Market to 35 and the total listings to 39 and the total listings on the entire exchange to 96. Elite will be the second medical related company expected to list on the market and the second within two months.
Based on interim first quarter results to September last year the stock is attractively price and seems set to be heavily oversubscribed to be followed by a big bounce after listing. Elite has done well in just 5 years and seems set to expand at a nice pace going forward.
The company operates from Holburn Road in Kingston and now have a new office on 164½ Old Hope Road. The 4 year old company provides imaging and Diagnostic Medical Facility offers services such as MRI, CT Scan, X-Ray, Ultrasound & Fluoroscopy.
Of the shares available for subscription in the IPO, 18 million units are reserved for subscription at $2 each. The company has 282 million issued shares. The proceeds of the IPO will put the company in a position to repay a substantial part of the debt due lenders amounting to $202 million.
A number of Imaging diagnostic service providers operate in Kingston and Saint Andrew. These providers compete with the company for the provision of services in the Kingston and Saint Andrew market.
For the September quarter 2017, the company had net profits of $23 million on revenues of $69.8 million compared to revenues of $56.9 million in 2016 and profits of $14.4 million. Annualised, net profits would be $92 million or an increase of 108 percent over the previous financial year, if the current trend continues and would result in earnings per share of 30 cents for a PE ratio of 6.7 times earnings.
In the first year of operations in 2014 a loss of J$48.7 million was realized on revenues of $58.3 million. For 2015, revenues increased 127 percent and profit of $498,079 was realised. For the financial year ended June last year, revenues increased to J$263 million and net profits moved to J$44.2 million from $29 million in 2016. Gross Profit margin is very high at 67 percent for the 2017 fiscal year with administrative expenses at 31 percent of revenues, excluding depreciation.
In 2017, a new office was set up at 164½ Old Hope Road, opening in November 2017 and is expected to generate additional income for the benefit of the company commencing the current financial year, the company says.
Directors are, Steven Gooden, B.Sc., M.Sc., CFA, Chairman, Warren Chung, B.Sc. Executive Director, Dr. Neil Fong, B.Sc., M.B.B.S Executive Director, Andre Ho Lung, FCCA, M.Sc. Non-executive Directors are Kevin Donaldson, B.Sc., M.B.A, Paula Kerr-Jarrett, B.A., LL.M., Quentin Hugh Sam, B.Sc., Peter D. Chin, B.Sc., M.B.A., William Mahfood, B.Sc.
The company believes that its principal competitive advantage lies in using state of the art diagnostic equipment. “It 64-Slice or Multi-Slice CT Scanner is one example. It produces clearer images compared to older models by allowing technicians and radiologist to acquire thinner slices and 3D images at lower doses of radiation leading to a more detailed view of the patients’ anatomy. This leads to faster and more accurate diagnosis. 10.20 The Company has recently acquired a 3 Tesla (3T) MRI scanner – to the company’s knowledge only one of two in the Caribbean, the other being located in the Cayman Islands. The strength of the magnetic field generated by a 3T MRI scanner is twice that of the current industry standard 1.5T MRI scanners. The image quality of an MRI scanner is generally dependent on the strength of the magnetic field it is able to generate, the higher the magnetic field the better the image clarity. This increased image clarity aids Radiologists in their interpretations of diagnostic images. In certain circumstances the more powerful scanner is also capable of reducing scan times thereby reducing patient turnaround time.”
NCB Capital Markets and Sagicor Investments are brokers for the issue.

Filed Under: Buy Rated, Initial Public Offers, JSE Junior Market, Stock Market Tagged With: , , , , , , , ,

Elite Diagnostics IPO is now here

January 14, 2018 by

The initial public offer for Elite Diagnostics will open on January 22 at a price of $2 per share, with the issue scheduled to close on January 29, an advertisement in the Jamaica Observer indicates.
A total of 70.68 million shares are offered to raise $141 million. The shares are expected to be listed on the Junior Market of the Jamaica Stock Exchange, if the issue is successful and will bring the total company listings on the Junior Market to 35 and the total listings to 39 and the total listings on the entire exchange to 96.
The proceeds from the offer will be used for expansion. The company operates from Holburn Road in Kingston and now have a new office on Hope Road. The 5 year old company provides imaging and Diagnostic Medical Facility offers services such as MRI, CT Scan, X-Ray, Ultrasound and Fluoroscopy.
The offer which was expected in December last year, is one of nine the Jamaica Stock Exchange expects to list in 2018. Elite will be the second medical related company to seek to list on the Jamaica Stock Exchange Junior Market and the second within two months. One doctor when quizzed about the company informed IC Insider.com that the company is recommended highly from a professional viewpoint, due to the high level of professional skills the team posses.
IC Insider.com will provide a detailed review and recommendation when the prospectus is posted on the Jamaica Stock Exchange on Monday.

Filed Under: Company News, Initial Public Offers Tagged With: , ,

VM Investments & Wisynco in demand but

January 12, 2018 by

NCB Capital Markets Manager, Stanley Thompson (left) exchanges laughs with Wisynco Group Chairman William Mahfood.

Victoria Mutual Investments and Wisynco Group may not have traded shares in the millions on Jamaica Stock Exchange on Friday but demand placed them at number 2 and 3 in volume traded. 
Demand was such on Friday that they were the second and third highest volume traded in the market accounting for just 977,000 units versus 3.57 million on Thursday.
Market activity ended with 23 securities changing hands, of which 5 advanced, 13 declined, 5 traded firm leading to 3,151,082 units for an average of $55,743,394 changing hands.
At the close of trading, the JSE All Jamaican Composite Index dived 2,332.02 points to 312,808.10 and the JSE Index dropped by 2,124.73 points to 285,003.54.
In main market activity,  Berger Paints closed $1 higher at $18, with 2,410 shares, Barita Investments ended with a loss of 16 cents at $8.50, with 18,715 stock units, Cable & Wireless concluded trading at $1.30, with 210,965 units, Carreras finished with a loss of 5 cents at $11.30, with 160,130 shares, Grace Kennedy traded 36 cents higher at $43.36, with 43,901 stock units. Jamaica Broilers finished trading with a loss of 50 cents at $17.50, with 17,659 units, Jamaica Producers closed with a loss of 20 cents at $16.50, with 6,639 shares, Jamaica Stock Exchange ended at $6.95, with 41,887 shares, JMMB Group concluded trading with a loss of 52 cents at $23.80, with 1,142,852 shares changing hands. Kingston Wharves settled with a loss of $1.85 at $31.15, with 1,271 units, Mayberry Investments ended trading with a loss of 35 cents at $7, with 46,000 shares, NCB Financial Group traded with a loss of 48 cents at $99.02, with 44,706 shares, 1834 Investments finished trading at $1.27, with 620 shares. PanJam Investment ended with a loss of 52 cents at $40.50, with 20,001 units, Pulse Investments finished with a loss of 10 cents at $1.90, with 24,330 shares, Radio Jamaica settled 2 cents higher at $1.10, with 50,600 shares, Sagicor Group ended trading with a loss of 40 cents at $35, with 108,464 stock units. Sagicor Real Estate Fund ended trading at $14, with 4,418 shares, Scotia Group finished trading with a loss of 91 cents at $50.50, with 60,457 shares, Seprod closed with a loss of 95 cents at $29, with 100,120 shares, Supreme Ventures concluded trading at $12, with 67,497 stock units, VM Investments Limited finished 15 cents higher at $4.15, with 403,301 units, Wisynco Group settled 2 cents higher at $10.02, with 574,139 shares.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market drops sharply again – Friday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Main market drops sharply again – Friday

January 12, 2018 by

The Main market of the Jamaica Stock Exchange suffered another day of a sharp fall in the market indices in trading on Friday, with more prices rising and less falling than on Thursday.
The market closed with the JSE All Jamaican Composite Index dropping 2,510.74 points to 310,297.36 and the JSE Index dived 2,287.57 points to 282,715.97.
Main market activities ended with 5 stocks rising, 13 declining and 6 trading firm as 24 securities traded down from 26 securities on Thursday.  Activity in the US dollar market ended with 1 security trading result in only 800 units exchanged, with a value of US$896 and the JSE US Equities Index closing unchanged at 173.43.
Victoria Mutual Investments and Wisynco Group continue to be dominant trades but with less than 1 million units trading on Friday combined versus 3.57 million units changing hands on Thursday.
Market activity ended with 3,151,082 units valued at $55,743,394 in contrast to as 5,110,001 units, with a value of $69,365,564 on Thursday.
The average trade ended at 137,004 units for an average of $2,423,626 in contrast to 196,539 units for an average of $2,667,906 on Thursday. The average volume and value for the month to date amounts to 297,178 units valued at 7,824,252 and previously 312,593 units valued at 8,410,169. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Activity in the US dollar market ended with 800 shares trading for JMMB Group 6 percent preference share at US$1.12.
The major movers at the close of the market are, JMMB Group trading 1.14 million shares, Wisynco closed trading 574,000 shares and Victoria Mutual Investments 403,000 units. Price changes saw Berger Paint rising $1 to $18, Kingston Wharves falling $1.85 to $31.15.

For more details of market activities see – VM Investments & Wisynco still in demand.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , ,

Junior Market index dives – Friday

January 12, 2018 by

Lasco Distributors traded at a 52 weeks’ intraday low of $3.08 to help contribute to the market’s fall.

The Junior Market Index fell at the close of trading on Friday, diving 40.75 points to end at 2,740.99, following gains in the prices of 11 securities, declines in 6 with prices 6 closing unchanged.
Heavily weighted, Lasco Distributors fell to a 52 weeks low of $3.08, with the average price falling by 48 cents and Main Event average price fell 59 cents and had a big impact on the movement in the index.
Trading ended with 23 securities changing hands, resulting in a sharp increase in the level of trading and ending with an exchange of 3,580,303 units valued at $11,760,975 compared to 1,545,528 units valued at $6,934,013 from 27 securities trading on Thursday.
Trading ended with an average of 155,665 units for an average of $511,347 in contrast to 57,242 units for an average of $256,815 on Thursday. For the month to date an average of 111,860 shares valued at $449,952 and previously, an average of 106,557 shares valued at $442,520. December closed with an average of 568,732 units valued at $3,447,957 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with bids higher than the last selling prices and 6 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 17 cents at a 52 weeks’ low of $2.55, with 42,770 stock units, Caribbean Flavours traded 50 cents higher at $11.50, with 1,000 stock units, Caribbean Producers finished trading with a loss of 22 cents at $4.28, in ecanging 4,536 units, C2W Music ended at 60 cents, with 53,700 shares, Derrimon Trading concluded trading at $7, with 1,500 shares. Express Catering ended trading 20 cents higher at $5.20, with 75,180 shares, FosRich Group traded with a loss of 30 cents at $2.60, with 38,803 shares, General Accident finished trading 5 cents higher at $2.95, with 1,000 shares, GWest Corporation closed at $2.93, with 112,301 stock units. Honey Bun ended at $4.05, with 25,880 units, ISP Finance finished with a loss of 44 cents at $12.06, with 100 shares, Jamaican Teas settled 15 cents higher at $4.65, with 14,255 shares, KLE Group finished trading at $2.30, with 100 shares. Knutsford Express closed 15 cents higher at $15, with 6,798 shares, Lasco Distributors ended 13 cents higher at $3.63, with 2,958,400 shares but traded at an intraday cents at a 52 weeks’ low of $3.08, Lasco Financial concluded trading 9 cents higher at $5.50, with 32,202 stock units, Lasco Manufacturing finished with a loss of 20 cents at $3.35, with 55,901 units. Main Event settled with a loss of 77 cents at $5.03, in trading 53,695 shares, Medical Disposables ended trading 5 cents higher at $5, with 500 shares, Paramount Trading traded 12 cents higher at $3.59, with 1,175 shares and Stationery and Office finished trading 1 cent higher at $4.90, with 91,557 stock units. In the junior market preference segment, Eppley 10% ended 2 cents higher at $6.02, with 100 stock units and Eppley 8.25% concluded trading with a loss of 5 cents at cents at a 52 weeks’ low of $5.45, with 8,850 units trading.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

10 JSE stocks fall 9 rise – Thursday

January 11, 2018 by

Trading on the Main Market of the Jamaica Stock Exchange ended on Thursday with more prices rising and less falling than on Wednesday leading to the JSE All Jamaican Composite Index dropping 2,332.02 points to 312,808.10 and the JSE Index dived 2,124.73 points to 285,003.54.
Main market activities ended with 8 stocks advanced, 10 declined and 8 traded firm as 26 securities traded down from 27 securities on Wednesday. Overall, trading resulted in 5,110,001 units exchanged with a value of $69,365,564 compared with 4,274,854 shares valued at $51,868,008 previously. Activity in the US dollar market ended with 2 securities trading result in 52,073 units exchanged, with a value of US$22,111.

Wisynco producers of Wata, traded 2.47 million shares on Thursday.

Victoria Mutual Investments and Wisynco Group continue to dominate trading with 3.57 million units changing hands versus 3.14 million on Wednesday.
The average trade ended at 196,539 units for $2,667,906, in contrast to 158,328 units for an average of $1,921,037 on Wednesday. The average volume and value for the month to date amounts to 312,593 units valued at 8,410,169 and previously 326,759 units valued at $9,212,851. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 4 with lower offers.
Activity in the US dollar market ended with Productivity Business closing at 55 cents with 31,673 shares traded and Proven Investments ordinary share exchanging 20,400 units with a rise of 1 cent to close at 23 US cents. The JSE US Equities Index closed up 3.69 points at 173.43.
The major movers at the close of the market are, Wisynco closed trading with 2.47 million shares with the price ending $10. Victoria Mutual Investments that was one of the leading volume trader for a number of days still remained in the number 2 spot with 1.1 million shares. Caribbean Cement dropped $1.95 to $32.05, Proven Investments ordinary share traded in Jamaica market at $26, up $1.

For more details of market activities see – Investors still love VM Investments & Wisynco.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , ,

Investors still love VM Investments & Wisynco

January 11, 2018 by

Wisynco traded 2.47m shares on Thursday

Investors’ appetite for the recently listed Victoria Mutual Investments and Wisynco Group continue to be strong on Thursday in trading on Jamaica Stock Exchange with the volume traded rising to 3.57 million units changing hands versus 3.14 million on Wednesday, with the two dominating with the highest volume in the market.
At the close of trading, the JSE All Jamaican Composite Index declined by 2,332.02 points to 312,808.10 and the JSE Index declined by 2,124.73 points to 285,003.54.
Market activity ended with 26 securities changing hands, of which 8 advanced, 10 declined, 8 traded firm as 5,110,001 units traded with a value of $69,365,564.
In the main market activity, Berger Paints closed with a loss of 80 cents at $17, with 13,100 shares, Cable & Wireless concluded trading with a loss of 5 cents at $1.30, with 78,379 units, Carreras finished 5 cents higher at $11.35, with 80,668 shares, Caribbean Cement settled with a loss of $1.95 at $32.05, with 34,189 shares, Ciboney Group ended trading with a loss of 2 cents at 35 cents, with 500 shares. Grace Kennedy traded at $43, with 50,273 stock units, Jamaica Broilers finished trading 10 cents higher at $18, with 48,273 units, Jamaica Producers closed 10 cents higher at $16.70, with 7,844 shares, Jamaica Stock Exchange ended with a loss of 5 cents at $6.95, with 18,113 shares. JMMB Group concluded trading with a loss of 68 cents at $24.32, with 71,524 shares, Mayberry Investments ended trading 15 cents higher at $7.35, with 2,000 shares, NCB Financial Group traded with a loss of 13 cents at $99.50, with 27,857 shares, 1834 Investments finished trading with a loss of 1 cent at $1.27, with 3,800 shares. PanJam Investment ended 2 cents higher at $41.02, with 7,500 units, Pulse Investments finished at $2, with 37,000 shares, Sagicor Group ended trading with a loss of 60 cents at $35.40, with 662,632 stock units, Salada Foods traded at $11, with 232 units. Scotia Group finished trading at $51.41, with 34,171 shares, Seprod closed at $29.95, with 27,900 shares, Supreme Ventures concluded trading 1 cent higher at $12, with 278,963 stock units, VM Investments Limited finished 9 cents higher at $4, with 1,099,190 units. Wisynco Group settled at $10, with 2,467,837 shares and Sagicor Real Estate Fund ended trading with a loss of 60 cents at $14, with 42,856 shares. In the main market preference segment, Jamaica Money Market Brokers 7.5% closed at $1.80, with 15,000 stock units, Proven Investments 8.25% settled at $5.90, with 100 units.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “10 JSE stocks fall 9 rise – Thursday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market index make gains – Thursday

January 11, 2018 by

C2W trades at a 52 weeks’ high of 60 cents on Thursday.

The Junior Market Index rose at the close of trading on Thursday, adding 15.12 points to end at 2,781.74, following gains in the prices of 9 securities, declines in 11, with prices 7 closing unchanged.
Trading ended with 27 securities changing hands, resulting in an exchange of 1,545,528 units valued at $6,934,013.49 compared to 1,674,670 units valued at $7,052,175 from 25 securities trading on Wednesday.
Trading ended with an average of 57,242 units for an average of $256,815 in contrast to 66,987 units for an average of $282,087 on Wednesday. For the month to date an average of 106,557 shares valued at $442,520 and previously, an average of 114,726 shares valued at $473,281. December closed with an average of 568,732 units valued at $3,447,957 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ending with bids higher than the last selling prices and 3 with lower offers.
At the close of the market, AMG Packaging ended 2 cents higher at $2.72, with 10,000 stock units trading, CAC 2000 finished with a loss of 30 cents at $8.70, with 2,504 shares, Cargo Handlers settled at $10, with 667 shares, Caribbean Cream ended trading at $5.77, with 143,000 shares, Caribbean Flavours traded at $11, with 9,000 stock units. Caribbean Producers finished trading 22 cents higher at $4.50, with 42,839 units, Consolidated Bakeries closed at $2, with 700 shares, C2W Music ended 7 cents higher at a 52 weeks’ high of 60 cents, with 4,500 shares, Derrimon Trading concluded trading at $7, with 1,000 shares. Dolphin Cove finished 5 cents higher at $17.05, with 683 stock units, Eppley shed $1 to close at $11, with 5,000 units, Express Catering ended trading 50 cents higher at $5, with 467,639 shares, FosRich Group traded 20 cents higher at $2.90, with 138,684 shares. General Accident finished trading with a loss of 5 cents at $2.90, with 15,819 shares, GWest Corporation closed with a loss of 7 cents at $2.93, with 114,014 stock units, Iron Rock concluded trading with a loss of 14 cents at $2.86, with 700 shares, Jamaican Teas settled with a loss of 50 cents at $4.50, with 101,256 shares. Jetcon Corporation ended trading 5 cents higher at $4.45, with 2,181 stock units, Key Insurance traded 40 cents higher at $3.50, with 7,139 units, Knutsford Express closed at $14.85, with 3,500 shares, Lasco Distributors ended with a loss of 20 cents at $3.50, with 269,561 shares. Lasco Financial concluded trading 3 cents higher at $5.41, with 14,094 stock units, Lasco Manufacturing finished with a loss of 4 cents at $3.55, with 21,518 units, Main Event settled with a loss of 30 cents at $5.80, with 125,387 shares, Paramount Trading traded with a loss of 11 cents at $3.47, with 7,719 shares. Stationery and Office finished trading 9 cents higher at $4.89, with 15,424 stock units and tTech fell 50 cents to end at $6, with 21,000 shares.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , ,