Trading picks up for juniors – Thursday

Caribbean Flavours hit a high of $8.10 on Thursday

Caribbean Flavours hit a high of $8.10 on Thursday

Activity in the junior market rose on Thursday from the Wednesday’s low level and ended with active 13 securities of with 5 stocks advanced and 6 declined. The junior market index ended with an increase of 2.25 points to 1,643.83 with 3,281,706 units, valued at $10,311,911 changing hands.
At the close there was 1 security ending with no bid to buy and 6 securities had no stocks being offered for sale. A total of 3 stocks closed with bids higher than their last traded prices while none closed with a lower offer.
In trading, Caribbean Cream gained 2 cents while trading 192,500 units to end at $3.40, Caribbean Flavours traded 1,550 units at a new 52 weeks’ high of $8.10 by adding 90 cents, Caribbean Producers traded 42,978 units as the price fell 5 cents to end at $5.25, Consolidated Bakeries fell 24 cents trading 695,535 shares at $1.06. General Accident Insurance fell 8 cents, in trading 11,802 units, at $1.92, Honey Bun gained 10 cents with 1,000 shares changing hands and closed at a 52 weeks’ high of $5.95.JM - Trde Sht 10-12-15 Jamaican Teas had 76,295 shares trading to close with a loss of 40 cents at $4.50, Lasco Distributors closed with 765,536 shares changing hands at $4.30, Lasco Financial ended at $3, with 741,400 shares changing hands. Lasco Manufacturing lost 11 cents and closed at $3.51, with 680,796 shares trading, Medical Disposables closed at $3.40 with 250,000 shares trading as the price declined by 13 cents, Paramount Trading ended with 6,000 shares changing hands at $8.96 and Derrimon Trading preference share ended with 64,000 shares changing hands to end at $2.10.

New record close for JSE – Thursday

Scotia Group closed at a 52 weeks' high on Thursday of $30 a price not seen since 2005.

Scotia Group closed at a 52 weeks’ high on Thursday of $30.

The main market recorded strong gains in trading on Thursday, pushing the indices to new record closing highs, with 37 securities trading on Thursday. The market closed with 7,353,395 units valued at $40,265,775 changing hands, in all market segments. A total of 17 stocks gained and 11 declined as 5 stocks closed at a 52 weeks’ high.
The main market had strong gains over the past two days, helped on Thursday by Scotia Group rising to $30, from $28. The JSE Market Index rose 1,510.31 points to 144,142.97 the all Jamaica Composite Index climbed 1,687.86 points to end at 160,044.19 and the JSE combined index gained 1,446.03 points to close at 150,771.21. The market having broken through the 155,000 points resistance level on the all Jamaica chart faces the next test at 165,000 which is not far off, which could contain any strong upward movement over the next few trading sessions.
JSE Sum 10-12-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 9 stocks with bids higher than their last selling prices and 5 with lower offers.
In trading, Cable and Wireless lost 2 cents and closed with 1,579,942 units changing hands at $1.38 after trading as high as $1.49, Caribbean Cement closed trading at $18 having risen 18 cents with 156,792 shares changing hands. Carreras rose 5 cents and closed at $56.50 with 5,817 units trading. Ciboney lost 1 cent and ended at 26 cents with 213,316 shares changing hands, Desnoes & Geddes had 68,514 units trading at the close at $30. Gleaner Company traded 17,272 shares at $1.40, Grace Kennedy ended with at a 52 weeks’ closing high with only 399 units changing hands, the stock price rose $1 to finish at $78, JSE Fn Qts 10-12-15Jamaica Broilers gained 50 cents in trading 15,963 shares, to close at $8.80. JMMB Group traded 1,080,760 shares, to close at $10, Kingston Wharves traded 22,945 units to end at $11.20, after shedding 15 cents, National Commercial Bank lost $1.35 and ended at $38.50 with 42,711 units changing hands, Sagicor Group with 90,677 units ended at $16.54. Scotia Group had 146,486 shares changing hands at a 52 weeks’ high of $30, to record a gain of $2, the stock traded at these levels way back in 2005, Seprod had 11,790 units trading with a gain of $1.95 to close at a 52 weeks’ high of $20.55 and Supreme Ventures gained 18 cents and ended at $4.90, with 573,000 units changing hands.

Juniors up on low volume – Wednesday

JM Sign build Activity in the junior market declined on Wednesday from the higher levels seen over the last few trading session as 8 securities were active, ending with 1 stock advancing and 2 declining. Junior market index ended with an increase of 18.43 points to 1,641.58 with 1,378,773 units, valued at $4,830,892 changing hands.
At the close there was 1 security ending with no bid to buy and 6 securities had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
In trading, Access Financial ended with a gain of 39 cents at $14 with 1,500 shares JM Trde Sht 9-12-15trading, C2W Music had 2,200 shares trading at 39 cents, Caribbean Cream dropped 4 cents while trading 80,000 units to end at $3.38, Caribbean Producers traded 45,182 units as the price fell 30 cents to end at $5.30. KLE Group ended with 25,975 units trading at 75 cents, Lasco Distributors closed with 185,802 shares changing hands, at $4.30, Lasco Financial ended at $3, with 357,318 shares changing hands and Lasco Manufacturing lost 11 cents and closed at $3.51, with 680,796 shares trading.

4 new highs for Junior market – Tuesday

Derrimon hits a new high in fairly heavy trading in the stock on Tuesday.

Derrimon hits a new high in fairly heavy trading in the stock on Tuesday.

Activity in the junior market saw the ordinary shares of Derrimon Trading enjoying another day of high volume on Tuesday, with the largest block of shares, accounting for 3,331,784 units valued at $11,661,789. The price gained 2 cents to end at a 52 weeks’ high $3.52.
The traded volume in the stock is down compared to 5,881,908 units, valued at $20,586,056 that changed hands on Monday.
Overall, trading ended with a meagre increase of 0.36 points in the junior market index to 1,623.15 as 15 active securities ended with 9 stocks advancing and 2 declining with 5,858,828 units, valued at $21,128,004 changing hands.
At the close there was 1 security ending with no bid to buy and 8 securities had no stocks being offered for sale. A total of 3 stocks closed with bids higher than the last traded prices and 2 closed with lower offers. Four stocks closed at 52 weeks’ high in the junior market.
In trading, AMG Packaging ended 5 cents lower at $6 with 31,600 shares trading, Caribbean Cream dropped 59 cents while trading 1,024,584 units to end at $3.42, Caribbean Flavours traded 5,599 units at a new 52 weeks’ high of $7.20 by adding 10 cents, Caribbean Producers traded 719,587 units to end at $5.60. Consolidated Bakeries ended with 127,708 shares changing hands to settle at $1.30 for a 7 cents rise, General Accident had 84,168 units trading and closed with a rise of 4 cents at $2, Honey Bun traded at a 52 weeks’ high of $5.85 with 5,348 shares to close with a gain of 4 cents.JM Trde Sht 8-12-15 Knutsford Express ended 60 cents higher, at a 52 weeks’ high of $10.50 with 400 shares changing hands, KLE Group ended with 25,000 units trading with a rise of 2 cents at 75 cents, Lasco Distributors gained 18 cents and closed with 78,051 shares changing hands, at $4.30, Lasco Financial ended at $3, with 345,682 shares changing hands. Lasco Manufacturing added 22 cents and closed at $3.62, with 70,117 shares trading, Medical Disposables price rose 1 cent to close at $3.53 with 8,500 shares trading and Paramount Trading ended with 700 shares changing hands at $8.96.

Juniors eke out moderate gain – Monday

Derrimon traded over 5.88m units on Monday.

Derrimon traded over 5.88m units on Monday.

Activity in the junior market stocks was low keyed but for trading in Derrimon ordinary shares on Monday with 11 active securities ended with 7 stocks advancing and 5 declining with 6,708,047 units, valued at $24,023,164 changing hands. Derrimon Trading accounting for the largest block with 5,881,908, valued at $20,586,056 and ended trading at $3.50. Trading ended with a rise of 8.31 points in the index to 1,622.79.
At the close there was 1 security ending with no bid to buy and 7 securities had no stocks being offered for sale. A total of 2 stocks closed with bids higher than the last traded prices and 1 closed with lower offer. Two stocks closed at 52 weeks’ high.
In trading, AMG Packaging ended with 5,000 shares trading at $6.05, Caribbean Cream lost 4 cents while trading 60,000 units to end at $4.01, Caribbean Flavours traded 154,800 units at a new 52 weeks’ high of $7.10 by adding 25 cents, JM - Trde Sht 7-12-15Caribbean Producers traded 16,954 units to end at $5.60. Consolidated Bakeries ended with 142,771 shares changing hands to settle at $1.30 for a 7 cents rise, Dolphin Cove had 7,500 units trading and closed at $16, after shedding 3 cents, Honey Bun traded at a 52 weeks’ high of $5.81 with 5,000 shares to close with a gain of 6 cents. Lasco Distributors gained 2 cents and closed with 170,466 shares changing hands at $4.12, Lasco Financial ended at $3 with 77,400 shares changing hands, Lasco Manufacturing added 18 cents and closed at $3.40 with 174,648 shares trading and Eppley preference share ended with 16,600 units changing hands $6.02.

Junior market gains on Friday

Lasco Manufacturing traded the most on the junior market

Lasco Manufacturing traded the most on the junior market

Activity in the junior market stocks was buoyant on Friday with 15 active securities ended with 7 stocks advancing and 5 declining with 4,470,003 units, valued at $17,580,414 changing hands. Trading ended with a rise of 17.13 points in the index to 1,614.48.
At the close there was 1 security ending with no bid to buy and 9 securities had no stocks being offered for sale. A total of 3 stocks closed with bids higher than the last traded prices and 2 closed with lower offers. Two stocks closed at 52 weeks’ high.
In trading, Blue Power ended with 10,000 shares trading at $13.10 while it fell 41 cents to end at $13.10 as the company reported another disappointing quarterly result showing profits before tax for the latest quarter at $17 million compared to $23 million in the same period last year, a decline of 27 percent. C2W Music ended with 47,817 units changing hands at 39 cents after rising by 2 cents, Caribbean Cream lost 5 cents while trading 5,000 units to end at $4.05, Caribbean Flavours traded 676,403 units at a new 52 weeks’ high of $6.85 by adding 5 cents, Caribbean Producers traded 138,000 units to end at $5.60. Consolidated Bakeries ended with 96,845 shares changing hands to settle at $1.30 for a 7 cents rise, Derrimon Trading ended with 276,930 shares changing hands and closed with a gain of 5 cents at $3.50, Dolphin Cove had 11,038 units trading to settle at $16.03, JM Trde Sht 4-12-15General Accident ended with 329,777 shares changing hands 1 cent higher at $1.96. Honey Bun trade at a 52 weeks’ high of $5.75 with 10,000 shares trading to close with a gain of 10 cents, Lasco Distributors closed with 648,685 shares changing hands at $4.10. Lasco Financial ended with a fall of 1 cent to close at $3 with 381,823 shares changing hands, Lasco Manufacturing lost 28 cents and closed at $3.22 with 1,825,227 shares trading, Medical Disposables lost 3 cents and closed at $3.52 with only 2,408 shares trading and Paramount Trading ended with 10,000 units changing hands with a rise of 36 cents to $8.96.

Buoyant junior market on Thursday

Lasco Distributors traded by far the highest volume on Thursday

Lasco Distributors traded by far the highest volume on Thursday

Activity in the junior market stocks was buoyant on Thursday with 15 active securities ended with 5 stocks advancing and 3 declining with 3,209,610 units, valued at $13,281,430 changing hands. Trading ended with a rise of 7.63 points in the index to 1,597.35.
At the close there was 1 security ending with no bid to buy and 8 securities had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and none closed with lower offers.
In trading, Access Financial Services ended with a bid to purchase 140,570 shares at $14 compared to the last traded price of $13.61, there was no trading in the stock on Thursday. AMG Packaging ended with 31,668 units changing hands at $6.05, Caribbean Cream lost 30 cents while trading 70,000 units to end at $4.10, Caribbean Producers rose by 10 cents, in trading 327,996 units to end at $5.60. Consolidated Bakeries ended with 74,323 shares changing hands to settle at $1.23, Derrimon Trading ended with 1,950 shares changing hands and closed at $3.45, Dolphin Cove had 99,951 units trading to settle 23 cents higher at $16.03, General Accident ended with 50723 shares changing hands at $1.95. JM - Trde Sht 3-12-15Jamaican Teas had 37,970 shares trading to close with a loss of 10 cents at $4.90, KLE Group ended with 70,000 units at 73 cents, Knutsford Express traded lost 10 cents in trading 14,700 units of $9.90, Lasco Distributors gained 4 cents and closed with 1,370,075 shares changing hands at $4.10. Lasco Financial ended with a gain of 1 cent to close at $3.01 with 523,151 shares changing hands, Lasco Manufacturing gained 20 cents and closed at $3.50 with 454,659 shares trading, Sweet River closed at $3.95 with only 444 shares trading and Derrimon Trading preference share ended with 82,000 units changing hands at $2.10.

JSE making strong gains on Thursday

Unlike Wednesday when trading was slow, market activity has picked up by driving the main market indices up by almost 1 percent 30 securities changed hands after 90 minutes of trading with a volume of 5,532,901 units as 13 stocks gained and 8 declined.
JSE intra 3-12-15At 11 am, the all Jamaica Composite Index is jumped 1,451.46 points to 157,145.64, the JSE Market Index gained 1298.78 points to 141,549.32 the JSE combined index fell 1248.35 points to be at 147,861.31 and the junior market index rose 2.47 points to 1,592.19.
Interesting trades, with 75 minutes having elapsed, are Cable & Wireless with 508,750 units and last traded at $1.50 for a 2 cents fall from Wednesday’s last traded price, Jamaica Broilers with 241,027shares at $8.50, Mayberry Investments with 239,400 units at $4.70, National Commercial Bank traded 1,454,773 shares at $37.50, Scotia Group with 109,384 at $27.50, Supreme Ventures with 787,628 units at $5, Caribbean Producers having 327,996 shares trading at $5.60, Lasco Financial Services with 426,961 units at $3 and Lasco Manufacturing having 380,419 units at $3.22.

Juniors slip again on Wednesday

Medical Disposables traded at new high on junior market on Wednesday.

Medical Disposables traded at new high on junior market on Wednesday.

Activity in the junior market stocks on Wednesday was broad based with 17 active securities. Trading ended with 5 stocks advancing and 5 declining with 2,697,820 units, valued at $10,906,157 changing hands. Trading ended with a drop of 29.95 points in the index to 1,589.72 as the market ended with 2 new 52 weeks’ closing highs.
At the close there was 2 securities ending with no bid to buy and 8 securities had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and 3 closed with lower offers.
In trading, Access Financial Services ended with 13,000 shares changing hands at $13.61, to gain 4 cents. AMG Packaging rose 5 cents and ended with 14,983 units changing hands at $6.05, C2W traded 24,000 units at 37 cents, for a fall of 1 cent, Caribbean Flavours gained 2 cents while trading 76,500 units to end at a 52 weeks’ high at $6.80, Caribbean Producers lost 10 cents, in trading 561,890 units to end at $5.50. Consolidated Bakeries ended with 45,677 shares changing hands to settle at $1.23, Derrimon Trading ended with 1,420 shares changing hands and closed at $3.45, Dolphin Cove had 1,000 units trading to settle at $15.80, General Accident ended with 52,000 shares changing hands and closed with a loss of 4 cents at $1.95. JM - Trde Sht 2-12-15Jamaican Teas had 1,000 shares trading to close with a loss of 5 cents at $5, KLE Group ended with 1,974 units at 73 cents, Knutsford Express traded 3,000 units of $10, Lasco Distributors lost 3 cents and closed with 432,144 shares changing hands at $4.06. Lasco Financial ended with a gain of 8 cents to close at $3 with 295,033 shares changing hands, Lasco Manufacturing closed at $3.30 with 1,029,215 shares trading, Medical Disposables closed at a 52 weeks’ high of $3.55 with 10,000 shares trading as the price jumped by 55 cents and Eppley 2019 cumulative redeemable preference share ended with 134,984 units changing hands at $6.08.

Juniors Index slips on Tuesday

Knutsford Express ended at a new all-time high of $10

Knutsford Express ended at a new all-time high of $10

More junior market stocks declined on Tuesday and those that rose with 14 active securities. Trading ended with 4 stocks advancing and 6 declining with 819,214 units, valued at $5,604,327 changing hands. Trading ended with a fall of 18.79 points rise in the index to 1,619.67. The market ended with 2 new 52 weeks’ closing highs.
The signs are pointing to prices heading mostly higher, with a tight supply of stocks being dominant in this market. At the close there was 1 security ending with no bid to buy and 7 securities had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, AMG Packaging ended with 23,528 units changing hands at $6, C2W Music traded 2,500 units at 38 cents, Caribbean Cream ended with 1,000 shares changing hands at $4.40, Caribbean Flavours gained 3 cents while trading 15,000 units to end at a 52 weeks’ high at $6.78, Caribbean Producers lost 30 cents, in trading 53,102 units to end at $5.60. Consolidated Bakeries ended with a loss of 7 cents while trading 10,000 shares to settle at $1.23, Dolphin Cove had 584 units trading with a loss of 20 cents, to settle at $15.80, JM - Trade Sheet-12-15General Accident ended with 10,000 shares changing hands and closed at $1.99. Jamaican Teas had 3,671 shares trading to close of 5 cents with a gat $5.05, KLE Group ended with 73,026 units with a decline of 2 cents at 73 cents, Knutsford Express traded 13,000 units and gained $1 to end at a 52 weeks’ high of $10. Lasco Distributors closed with 125,457 shares changing hands, to end with a gain of 4 cents at $4.09, Lasco Financial ended at $2.92, with 38,200 shares changing hands after losing 3 cents and Lasco Manufacturing fell 38 cents to $3.30 with 450,146 shares trading.