
The prices of Lasco Distributors and Lasco Financial cut Junior market index sharply.
The Junior Market Index plunged sharply by 119.67 points to close at 2,829.29, after shedding 45.44 points on Monday and 50 points on Friday. The market has lost 237.24 or 7.7 percent since last week Wednesday.
The two main companies contributing to the fall are Lasco Distributors that fell from $5.90 last week to $4.32 in response to the disappointing court awards in their dispute with Pfizer and Lasco Financial falling from $6.50 to $5.01.
At the close of market activities, the prices of 5 securities advanced, 10 declined and 7 remained unchanged as the market concluded trading on Tuesday with 22 securities changing hands, resulting in an exchange of 1,396,153 units valued at $6,487,135 compared to 2,397,751 units valued at $13,589,523 on Monday coming from 17 securities.
Trading ended with an average of 63,462 units for an average value of $294,870 in contrast to 141,044 units for an average of $799,384 on Monday. The average volume and value for the month to date amounts to 110,697 units valued at $543,691 and previously 113,513 units valued at $558,525.
In contrast, October closed with average of 74,690 units valued at $362,548 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 1 cent at $2.99, with 3,159 stock units, Caribbean Cream finished at $5.50, with 43,200 shares, Cargo Handlers ended trading at $10.85, with 500 stock units trading, Caribbean Producers traded at $4.20, with 371,229 units, C2W Music ended 9 cents higher at $0.49, with 16,433 stock units, Express Catering fell 1 cent in closing at $4.49, with 2,023 stock units, General Accident finished with a loss of 10 cents at $2.60, with 22,000 shares. Honey Bun settled 25 cents higher at $4.25, with 14,400 shares, Iron Rock settled at $2.80, with 2,452 shares, ISP Finance ended trading with a loss of 1 cent at $15.99, with 5,529 stock units, Jamaican Teas traded with a loss of 20 cents at $3.80, with 126,600 units, Jetcon Corporation finished trading after losing 10 cents to $4.50, with 12,965 shares.
Knutsford Express closed 50 cents higher at $13.50, with 6,631 shares, KLE Group concluded trading 2 cents higher at $2.53, with 20,600 units, Lasco Distributors dropped $1.37 to $4.32, with 115,400 shares, in response to the low award for damages against Pfizer. Lasco Financial ended trading down $1.21 to $5.01, with 337,824 stock units, Lasco Manufacturing fell 5 cents to $3.90, with 32,000 units, Medical Disposables fell 10 cents to $5, with 1,816 shares changing hands, Main Event closed at $6, with 105,855 shares. Paramount Trading concluded trading at $3.15, with 39,425 units, Stationery and Office ended trading at $5.05, with 114,612 stock units and tTech finished trading 1 cent higher at $7, with 1,500 shares.
Prices of securities trading for the day are those at which the last trade took place.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 5 with lower offers.
Key Insurance ended with a loss of 75 cents at $4, with 1,000 stock units, Knutsford Express closed with a loss of 50 cents at $13, with 1,929 shares.
The Junior Market of the lost much grounds on Friday on a day when all the Jamaica Stock Exchange indices declined. The Junior Market Index declined 50.10 points to close at 2,994.40 and follows a 22 points fall on Thursday.
In contrast, October closed with average of 74,690 units valued at $362,548 for each security traded.
Trading picked up on the Junior Market of the Jamaica Stock Exchange on Thursday with 22 securities changing hands, resulting in an exchange of 1,766,060 units valued at $7,828,514 compared to 726,097 units valued at $5,040,854, from 18 securities on Wednesday.
In contrast, October closed with average of 74,690 units valued at $362,548 for each security traded.
General Accident finished with a loss of 2 cents at $2.70, with 68,981 shares. Honey Bun settled at $4.80, with 11,554 shares, Iron Rock closed with a loss of 1 cent at $2.80, with 22,038 shares, Jamaican Teas traded 40 cents higher at $4.20, with 867 units, Jetcon Corporation finished trading with a loss of 10 cents at $4.50, with 184,554 shares, Knutsford Express closed at $13.50, with 2,000 shares. Key Insurance ended 76 cents higher at a 52 weeks’ high of $4.75, with 19,362 stock units changing hands, KLE Group concluded trading at $2.51, with 50,022 units, Lasco Distributors settled 8 cents higher at $5.98, with 27,534 shares. Lasco Financial ended trading at $6.50, with 60,317 stock units, Lasco Manufacturing traded with a loss of 12 cents at $4.05, with 8,138 units, Medical Disposables finished trading with a loss of 20 cents at $5.10, with 2,000 shares, Main Event closed 38 cents higher at $5.89, with 54,026 shares, Paramount Trading concluded trading with a loss of 20 cents at $3.50, with 256,698 units and Stationery and Office ended trading with a loss of 7 cents at $5.13, with 171,226 stock units.
In contrast, October closed with average of 74,690 units valued at $362,548 for each security traded.
Trading on the Main Market of the Jamaica Stock Exchange closed on Tuesday with 23 securities changing hands, 9 advanced, 8 declined and 5 traded firm with 28,191,292 units valued at $755,323,320 compared to 4,115,612 units valued at just $48,667,070 on Monday.
In contrast, October closed with average of 185,251 units valued at $16,528,582 for each security traded.
The Junior Market Index advanced by 30.97 points to close at 3,003.68 on Tuesday with 17 securities changing hands, as the prices of 6 securities advanced, 1 declined and 10 remained unchanged.
valued at $598,559 and previously an average of 133,594 units valued at $602,040. In contrast, October closed with an average of 74,690 units valued at $362,548, for each security traded
Express Catering ended at $4.60, with 21,448 stock units. General Accident finished at $2.72, with 1,000 shares, Honey Bun settled at $4.80, with 11,806 shares, ISP Finance ended trading at $16, with 333 stock units, Jamaican Teas traded 5 cents higher at $4.05, with 25,100 units. Jetcon Corporation finished trading 14 cents higher at $4.74, with 154,338 shares, Knutsford Express closed at $13.50, with 43,681 shares, Lasco Financial ended trading 19 cents higher at $6.50, with 172,903 stock units. Main Event closed 45 cents higher at $5.95, with 8,250 shares, Paramount Trading concluded trading with a loss of 10 cents at $3.70, with 11,500 units, Stationery and Office ended trading at $5.15, with 397,500 stock units changing hands and tTech finished trading at $7, with 33,112 shares.
Trading on the Junior Market of the Jamaica Stock Exchange ended with the prices of 10 securities advancing, 6 declined and 2 remained unchanged on Monday with 19 securities changing hands, the same number as on Friday.
IC bid-offer Indicator|At the end of trading, 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.

Although the group realized gains on investments of $60 million during the year the report shows more than $37 million in unrealized gains on investments at the end of September.
Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Friday with 19 securities changing hands, resulting in an exchange of 1,034,761 units valued at $4,990,857 compared to 15,114,679 units valued at $63,009,289 on Thursday.
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 3 with lower offers.
General Accident ended at $2.70, with 800 shares traded, Jamaican Teas finished trading 10 cents higher at $4.10, with 181,181 units, Jetcon Corporation closed at $4.60, with 148,607 shares, Knutsford Express finished trading $1.49 higher at $13, with 797 shares. Lasco Distributors settled with a loss of 60 cents to closed at 52 weeks’ low of $5.20, with 214,754 shares, Lasco Financial rose 30 cents to a 52 weeks’ closing high of $6.60, with 99,459 stock units, Lasco Manufacturing closed with a loss of 11 cents at $4.04, with 96,632 units, Medical Disposables closed 1 cent higher at $5.30, with 3,000 shares. Main Event concluded trading with a loss of 45 cents at $5.50, with 3,366 shares, Paramount Trading closed at $3.50, in trading 100,000 units, Stationery and Office finished at $5.12, with 89,853 stock units and tTech concluded trading at $6.50, with 1,443 shares. In the junior market preference segment, Derrimon Trading preference share ended with 1,274 units changing hands at $2.