Jamaican Teas — Page 131

Junior Market drops – Friday

July 12, 2019 by IC Insider.com

Fontana ended at a record close of $6.07.

The Jamaica Stock Exchange Junior Market Index dived 26.62 points to close at 3,040.17 on Friday with three stocks hitting 52 weeks’ lows and two recording highs.
Trading concluded on Friday with 30 securities changing hands, up from 28 securities on Thursday. At the close the prices of 8 securities rose, 13 declined and 16 remained unchanged as 2,783,254 units valued at $9,535,345 changed hands, compared to 6,999,633 units valued at $19,497,999 on Thursday.
Trading ended with an average of 92,775 units for an average of $317,845 in contrast to 249,987 units for an average of $696,357 on Thursday. The average volume and value for the month to date amounts to 90,650 shares valued at $314,545 for each security traded compared to 90,650 shares valued at $314,545 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
Fontana closed at an all-time high of $6.07, Elite Diagnostic traded at a 52 weeks’ high of $5.14 but pulled back at the close and GWest Corporation traded at a 52 weeks’ low of 70 cents before closing higher and Lasco Distributors ended at a 52 weeks’ low.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and one closed with a lower offer.
Stocks ending with price changes| Access Financial declined 30 cents in trading 1,500 units at $43.20, AMG Packaging ended trading with 110,600 shares, after rising 16 cents to end at $2.16, after the company posted 28 percent increase in pretax profit for the third quarter to May and suggesting earnings in a full year of 12 cents per share. Blue Power fell 55 cents in trading of 81,109 units at $4.95, Caribbean Cream closed 2 cents higher at $5.56, with 9,850 stock units trading, Caribbean Flavours dropped $1.30 in trading of 11,831 units at $13, Derrimon Trading closed with a loss of 23 cents at $2.17, in swapping 437,640 shares. Express Catering closed trading of 150,668 units and gained 35 cents to end at $6.75, Elite Diagnostic climbed 25 cents and exchanged 24,410 shares at $4.95, after trading at a record high of $5.14, Fosrich Group ended market activity in exchanging 22,728 shares, to close at $4.20 after falling 5 cents. Fontana ended trading with 227,035 shares, after rising 7 cents to end at 52 weeks closing high of $6.07, Gwest Corporation closed 3 cents higher at 84 cents, with 167,462 stock units trading, but traded at an all-time low of 70 cents earlier in the trading session. Honey Bun ended market activity exchanging 87,841 shares to close at $6 after falling 21 cents, iCreate Limited ended with a loss of 1 cent at 71 cents with 551,200 stock units changing hands, Jamaican Teas shed 5 cents in trading of 36,000 units at $4.45, Jetcon Corporation lost 5 cents in exchanging 7,813 shares to close at $1.95. Knutsford Express lost 50 cents trading 108,090 units to close at $11. Lasco Distributors declined 30 cents trading of 466,362 units to end at a 52 weeks’ low of $3. Lasco Manufacturing lost 4 cents in exchanging 103,219 units at $4.06, Medical Disposables climbed 9 cents and exchanged 12,999 shares at $7.09, Main Event ended trading with 6,882 shares, after rising 99 cents to end at $6.70 and Stationery and Office Supplies ended market activity with 2,500 shares changing hands to close at $9.15 after falling 65 cents.

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

Filed Under: JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity

Junior Market volume rises – Thursday

July 11, 2019 by IC Insider.com

Elite Diagnostics traded at a new high of $5.02 on the Junior Market on Thursday.

Trading on the Junior Market of the Jamaica Stock Exchange ended on Thursday with an exchange of 6,999,633 units valued at $19,497,999 compared to 5,751,985 units valued at $21,162,399 on Wednesday.
Market activities ended with 28 securities changing hands, down from 32 securities on Wednesday, resulting in the prices of 11 securities advancing, 7 declining and 10 remaining unchanged. The Junior Market Index inched 0.32 points up to close at 3,066.79.
Elite Diagnostic traded at a 52 weeks’ high of $5.02 but pulled back at the close and CAC2000 preference share traded at a 52 weeks’ low.
Trading ended with an average of 249,987 units for an average of $696,357 in contrast to 179,750 units for an average of $661,325 on Wednesday. The average volume and value for the month to date amounts to 90,650 shares valued at $314,545 for each security traded compared to 71,584 shares valued at $268,858 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and one closed with a lower offer.
Stocks ending with price changes| AMG Packaging lost 11 cents in trading 39,864 shares to close at $2, Blue Power ended with a loss of 1 cent at $5.50 with 303 stock units changing hands, CAC 2000 climbed 4 cents and exchanged 100 shares at $13.10, Caribbean Cream closed 4 cents higher at $5.54, with 13,300 stock units trading. Derrimon Trading fell 3 cents in trading 5,380,504 units to close at $2.40. Elite Diagnostic declined 30 cents in trading of 283,380 units at $4.70, Express Catering closed 30 cents higher at $6.40, with 24,695 stock units trading, Fosrich Group declined 29 cents trading 16,667 units at $4.25, Fontana exchanged 146,183 shares, after rising 25 cents to end at $6. Gwest Corporation ended trading with 146,416 shares, after rising 1 cent to end at 81 cents, iCreate closed 2 cents higher at 72 cents, with an exchange of 50,704 stock units, Indies Pharma exchanged 165,048 shares, after rising 5 cents to end at $3.06, ISP Finance traded 5,000 shares, after rising 20 cents to end at $13.85. Jamaican Teas closed 9 cents higher at $4.50, with 164,588 stock units changing hands, Lasco Distributors fell 10 cents in trading 43,349 units at $3.30, Lasco Manufacturing closed 1 cent higher at $4.10, with 26,900 stock units trading and Stationery and Office Supplies climbed 79 cents to $9.80, with an exchange of 94,378 stock units. In the junior market preference segment, CAC 2000 shed 25 cents in trading 80,114 units at 52 weeks’ low of 90 cents.

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: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Producers, Daily Trading, Derrimon Trading, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, GWest, Honey Bun, iCreate, Indies Pharma, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Stationery and Office, Trading Activity

14 Junior Market stocks rise 8 fall – Wednesday

July 10, 2019 by IC Insider.com

The new Waterloo Road branch under construction. the company’s stock traded at an all-time high of $5.

The Junior Market closed on Wednesday with 14 securities rising, 8 falling and 10 remaining unchanged leading to the Junior Market Index advancing 18.46 points to close at 3,066.47.
Trading ended with 32 securities changing hands, resulting in an exchange of 5,751,985 units valued at $21,162,399 compared to 1,394,594 units valued at $4,925,622 on Tuesday with 29 securities changed hands.
Elite Diagnostic traded at a 52 weeks’ high of $5, GWest hit an all-time low of 75 cents but bounced slightly at the close while Express Catering and KLE Group both ended at 52 weeks’ low.
Trading ended with an average of 179,750 units for an average of $661,325 in contrast to 48,089 units for an average of $169,849 on Tuesday. The average volume and value for the month to date amounts to 71,584 shares valued at $268,858 for each security traded compared to 54,449 shares valued at $206,685 traded previously. June ended with an average of 166,169 units at $674,841 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 one closed with a lower offer.
Stocks with price changes| Access Financial closed 30 cents higher at $43.50, with 100 stock units trading, AMG Packaging ended trading with 71,097 shares, after rising 11 cents to end at $2.11, Blue Power closed 56 cents higher at $5.51, with 5,000 stock units trading, CAC 2000 ended trading 1,275 shares, after rising 30 cents to close at $13.06. Caribbean Producers climbed 5 cents and exchanged 82,733 shares at $4.80, Dolphin Cove close with a loss of 25 cents at $11.75, swapping of 2,585 shares, Express Catering lost 75 cents in trading of 13,168 units to close at a 52 weeks’ low of $6.10. Elite Diagnostic closed trading of 28,152 units and gained 37 cents to end at a record close of $5, Fosrich Group climbed 53 cents in exchanging 41,585 shares at $4.54, Fontana lost 9 cents trading 342,267 shares to close at $5.75. General Accident climbed 10 cents and exchanged 63,550 shares at $4.30, Honey Bun closed trading of 115,605 units and gained 1 cent to end at $6.21, Jetcon Corporation climbed 30 cents in exchanging 200,000 shares at $2, KLE Group lost 40 cents in trading of 7,700 units in closing at a 52 weeks’ low of $1.70. Caribbean Cream climbed 70 cents and exchanged 8,895 shares at $5.50, Lasco Distributors ended trading with 16,523 shares, after rising 20 cents to close at $3.40, Lasco Financial closed with a loss of 10 cents at $4.50, in swapping 39,324 shares, Lasco Manufacturing ended with a loss of 1 cent at 4.09 with 3,653,139 stock units changing hands. Medical Disposables closed trading of 14,410 units and gained 30 cents to end at $7, Paramount Trading ended with a loss of 1 cent at 1.80 with 14,879 stock units trading, Stationery and Office Supplies closed with a loss of 34 cents at $9.01, trading 6,156 shares and tTech closed 30 cents higher at $5.50, with 4,024 stock 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: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity, tTech

Junior Market in sharp drop – Tuesday

July 9, 2019 by IC Insider.com

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The Junior Market Index plunged 41.37 points to close at 3,048.01 at the close of the market on Tuesday as 29 securities changed hands, compared to 30 on Monday, resulting in the prices of 9 advancing, 12 declining and 9 remaining unchanged.
Trading on the Junior Market ended with an exchange of 1,394,594 units valued at $4,925,622 compared to 1,085,258 units valued at $4,012,944 on Monday. Jetcon traded at a 52 weeks’ low of $1.60 and GWest hit an all-time low of 80 cents.
Trading ended with an average of 48,089 units for an average of $169,849 in contrast to 36,175 units for an average of $133,765 on Monday. The average volume and value for the month to date amounts to 54,449 shares valued at $206,685 for each security traded compared to 55,515 shares valued at $212,860 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and no stock closed with a lower offer.
Stocks with price changes| AMG Packaging closed 10 cents higher at $2, with 16,050 stock units trading, CAC 2000 lost 24 cents in trading 2,708 shares to close at $12.76, Cargo Handlers climbed 50 cents exchanging 3,000 shares at $9.50, Caribbean Producers closed 25 cents higher at $4.75, with 500 stock units trading. Derrimon Trading fell 7 cents with 432,928 units changing hands at $2.43, Everything Fresh climbed 5 cents and exchanged 13,800 shares at $1.40, Elite Diagnostic ended market activity in exchanging 29,783 shares to close at $4.63 after falling 22 cents, Fosrich Group closed with a loss of 64 cents at $4.01, swapping 21,105, shares. General Accident traded 10,650 after declining 25 cents to settle at $4.20, GWest Corporation declined 10 cents in trading of 10,000 units to close at an all-time low of 80 cents, Indies Pharma fell 9 cents in trading of 263,475 units at $3.01, Jamaican Teas shed 15 cents trading of 15,500 units at $4.41. Jetcon Corporation climbed 2 cents and exchanged 14,163 shares at $1.70, Knutsford Express ended with a loss of 1 cent at $11.50 with 9,069 stock units changing hands, Key Insurance closed with a loss of 3 cents at $3, in swapping of 15,584, shares, Lasco Distributors shed 20 cents in trading of 125,744 units at $3.20. Lasco Financial closed trading of 13,876 units and gained 11 cents to end at $4.60, Lasco Manufacturing ended trading with 184,720 shares, after rising 9 cents to end at $4.10, Consolidated Bakeries closed trading of 1,102 units and gained 10 cents to end at $1.90. Stationery and Office Supplies shed 15 cents in trading of 3,318 units at $9.35 and tTech closed 40 cents higher at $5.20, with 20,000 stock 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: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

Junior Market dips again – Monday

July 8, 2019 by IC Insider.com

Trading on the Junior Market of the Jamaica Stock Exchange ended on Monday with an exchange of 1,085,258 units valued $4,012,944 compared to 1,842,715 units valued at $6,647,469 on Friday.
At the close of market activities, 30 securities changed hands, compared to 31 on Friday, resulting in the prices of 7 securities advancing, 14 declining and 9 remaining unchanged. The Junior Market Index declined 7.04 points to close at 3,089.38 with one stock rising to an all-time high and one closing at an all-time low.
Trading ended with an average of 36,175 units for an average of $133,765 in contrast to 59,442 units for an average of $214,434 on Friday. The average volume and value for the month to date amounts to 55,515 shares valued at $212,860 for each security traded compared to 59,572 shares valued at $229,453 traded previously. June ended with an average of 166,169 units at $674,841 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 with lower offers.
Stocks with price changes| Access Financial lost $1.80 trading 5,000 shares to close at $43.20, AMG Packaging fell 10 cents in trading of 17,000 units at $1.90, CAC 2000 closed with a loss of $2 to end at $13, exchanging 3,600 shares, Derrimon Trading closed 7 cents higher at $2.50, with 165,409 stock units trading. Express Catering ended with a loss of 1 cent at $6.85 with 40,630 stock units changing hands. Elite Diagnostic ended trading with 35,000 shares, after rising 35 cents to end at an all-time high of $4.85, Fosrich Group closed 25 cents higher at $4.65, with 26,787 stock units trading, Fontana declined by 6 cents to settle at $5.84 while trading 95,229 shares. Gwest Corporation ended market activity exchanging 12,715 shares to close at an all-time low of 90 cents after falling 5 cents, iCreate declined by 3 cents to settle at 70 cents trading 75,964 shares, Indies Pharma climbed 9 cents and exchanged 67,652 shares at $3.10. Jamaican Teas closed 16 cents higher at $4.56, with 21,998 stock units trading, Key Insurance gained 3 cents to end at $3.03 trading of 9,015 units, KLE Group lost 25 cents in trading 3,570 shares to close at 2.10 cents, Knutsford Express fell $1.29 trading of 7,850 units to end at $11.51. Lasco Financial shed 11 cents in trading of 43,799 units at $4.49, Lasco Manufacturing lost 13 cents in trading of 19,632 units at $4.01. Main Event declined $1.29 in trading of 8,927 units at $5.71, Paramount Trading added 1 cent in exchanging 16,235 shares at $1.81, Stationery and Office Supplies closed with a loss of 30 cents at $9.50, swapping of 9,177, shares and tTech ended market activity exchanging 4,175 shares to close at $4.80 after falling 70 cents.

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: Access Financial, AMG Packaging, Best prforming stock market, Blue Power, CAC2000, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity, tTech

IC TOP 10 stocks hit record highs

July 7, 2019 by IC Insider.com

NCB Financial dropped $17 during trading to $173 during Friday’s session

The main market hit a new record on Thursday as the All Jamaica Index the long term resistance at 520,000 points was pierced but the market pulled back on Friday with NCB Financial trading a large volume down at $173, down from $190 it was previously trading.
The Junior Market moved up and down during the week, with Fontana and Elite Diagnostic two TOP 10 listings hitting new record highs during the week. Sygnus Credit Investments in the main market also jumped to a record high during the week.
There was just one change to the TOP 10 lists this past week with Grace Kennedy coming in for Jamaica Broilers in the main market. Junior are now in the upper half of the Junior Market, both are now supported by 2020 earnings that are higher than for the year just ended. Earnings of former TOP 10 listing, Wisynco Group with switch to 2020 fiscal year earnings now sits outside the Top 10 but is still an attraction at number 16, but the stock came under selling pressure this past week.
Junior Market stocks continue to struggle to get investors’ attention. With the market consolidating and the expectation of mostly positive results to the market is poised for a takeoff very soon with the market highly undervalued.
The three most attractive Junior Market stocks are, Caribbean Producers with projected gains of 256 percent, Iron Rock with gains of 243 percent, followed by and AMG Packaging with possible gains of 200 percent.
Radio Jamaica heads the main market with 191 percent potential gains followed by Sterling Investments with expected gains of 165 percent and Sygnus Credit Investments in third spot with the potential to gain 153 percent by March next year.
The main market, closed the week with the overall PE at 15.3 and the Junior Market at 10. The PE ratio for Junior Market Top 10 stocks averages 6.9 and the main market PE 8.8. These levels, point to a big upside for TOP 10 stocks over the next 12 months and Junior Market stocks in particular.
The TOP 10 stocks now trade at an average discount of 31 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 42 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked 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 as new information is received that can result in changes in and out of the list.

This report is compiled by persons who may have interest in the securities commented on.

Filed Under: Buy Rated Tagged With: Berger Paints, Caribbean Producers, Daily Trading, Emerging markets, General Accident, Grace Kennedy, Jamaican Stock Exchange, Jamaican stocks, Jamaican Teas, junior market, Lasco Financial, Main Event, Medical Disposables, Radio Jamaica, Sagicor Group, Stanley Motta, Sterling Investments, Stocks to Watch, Sygnus Credit Investments, TOP 10 stocks, Trading Activity, tTech, Victoria Mutual Investments

Junior Market drops again – Friday

July 5, 2019 by IC Insider.com

Elite Diagnostics closed at a new high of $4.50 on the Junior Market on Friday.

The Junior Market of the Jamaica Stock Exchange fell below the 3,100 points mark on Friday having surged to 3,165.12 at the close of trading on Monday, the highest level since late February this year.
Market activity resulted in 31 securities changing hands, similar to Thursday, resulting in an exchange of 1,842,715 units valued at $6,647,469 compared to 1,571,911 units valued at $7,260,237 on Thursday.
At the close of market activities, the prices of 11 securities advanced, 9 declined and 11 remained unchanged, as one stock rose to an all-time high and one closed at 52 weeks’ low and one at an all-time low. The Junior Market Index declined by 12.42 points to close at 3,096.42.
Trading ended with an average of 59,442 units for an average of $214,434 in contrast to 50,707 units for an average of $234,201 on Thursday. The average volume and value for the month to date amounts to 59,572 shares valued at $229,453 for each security traded compared to 59,608 shares valued at $233,610 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and one with a lower offer.
Stocks with price changes| Access Financial closed at $1.80 higher to $45 in exchanging 280 shares, AMG Packaging closed trading of 34,961 units and gained 10 cents to end at $2, Blue Power fell 45 cents in transferring 5,400 units to close at $4.95. Caribbean Producers lost 45 cents trading 246,806 shares to end at $4.50, Dolphin Cove climbed 25 cents and exchanged 184 shares at $12. Derrimon Trading declined by 11 cents to settle at $2.43 with 197,463 shares changing hands, Express Catering ended with a loss of 1 cent at $6.86 with 8,408 stock units trading, Everything Fresh dipped 2 cents in trading of 142,417 units in closing at $1.35. Elite Diagnostic closed 10 cents higher to a 52 weeks’ high of $4.50, with 10,100 stock units trading, Fosrich Group closed 15 cents higher at $4.40, with 4,200 stock units trading, General Accident closed trading of 27,750 units and gained 25 cents to end at $4.45. Gwest Corporation declined by 3 cents to settle at an all-time low of 95 cents, Indies Pharma dipped 17 cents in trading of 556,867 units at $3.01, Jetcon Corporation lost 2 cents in trading 71,005 shares to close at a 52 weeks’ low of $1.68. Knutsford Express ended trading of 6,808 shares, after rising 1 cent to end at $12.80, Lasco Distributors concluded trading of 76,744 units with a rise of 5 cents to close at $3.40, Lasco Financial climbed 50 cents and exchanged 18,927 shares to close at $4.60. Lasco Manufacturing fell 6 cents in trading of 123,546 units to finish at $4.14, Main Event ended trading with 1,450 shares, after rising 48 cents to end at $7 and Stationery and Office Supplies climbed 10 cents and exchanged 9,934 shares at $9.80.

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: Access Financial, AMG Packaging, Best prforming stock market, Blue Power, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Stationery and Office, Trading Activity

Junior Market inches higher – Thursday

July 4, 2019 by IC Insider.com

Fontana traded at a record high of $6.50.

Trading on the Junior Market of the Jamaica Stock Exchange finished on Thursday with 31 securities changing hands, resulting in an exchange of 1,571,911 units valued at $7,260,237 compared to 2,596,610 units valued at $10,273,509 on Wednesday.
At the close of market activities, the prices of 12 securities advanced, 11 declined and 8 remained unchanged. The Junior Market Index advanced 9.90 points to close at 3,108.84.
rading ended with an average of 50,707 units for an average of $234,201 in contrast to 89,538 units for an average of $354,259 on Wednesday. The average volume and value for the month to date amounts to 59,608 shares valued at $233,610 for each security traded compared to 63,015 shares valued at $233,383 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
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 one with a lower offer.
At the close of the market, AMG Packaging declined 10 cents in trading of 21,794 units at $1.90, Caribbean Cream shed 20 cents in trading of 63,191 units to close at $4.80, Caribbean Flavours climbed 30 cents and exchanged 10,000 shares at $14.30, Caribbean Producers ended trading with 1,500 shares, after rising 19 cents to end at $4.95. Consolidated Bakeries declined by 20 cents to settle at $1.80, in exchanging 25,100 shares, Dolphin Cove climbed 5 cents and traded 25,332 shares at $11.75, Derrimon Trading climbed 4 cents with 20,100 shares trading at $2.54. Everything Fresh lost 3 cents in trading 26,106 units at $1.37, Elite Diagnostic ended trading with 73,335 shares, after rising 5 cents to end at $4.40, Express Catering closed 17 cents higher at $6.87, with 20,125 stock units trading, Fosrich Group lost 21 cents in trading 24,039 shares to close at 4.25 cents. Fontana ended trading with 418,248 shares, after rising 5 cents to end at a record high of $5.90,but the stock traded as higgh as $6.50 in the morning. General Accident ended trading with 27,371 shares, after rising 15 cents to end at $4.20, GWest Corporation declined by 3 cents to settle at all-time low of 98 cents, iCreate closed 1 cent higher at 73 cents, with 54,529 stock units trading. Indies Pharma climbed 3 cents and exchanged 22,427 shares at $3.18, ISP Finance declined $3.35 in trading of 2,916 units to close at $13.65, Jetcon Corporation lost 18 cents in trading of 10,650 units at close at a 52 weeks’ low of $1.70, Key Insurance decline 35 cents in trading of 5,494 units at $3. Lasco Distributors gained 5 cents and finished trading at 40,207 shares at $3.35, Lasco Financial closed trading of 280,000 shares at $4.10, Lasco Manufacturing lost 5 cents in trading 221,052 shares to close at $4.20, Main Event closed trading of 44,886 units and gained 42 cents to end at $6.52 and Paramount Trading lost 20 cents in trading of 1,300 units at $1.80.

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: Access Financial, AMG Packaging, Best prforming stock market, CAC2000, Cargo Handlers, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Paramount Trading, Stationery and Office, Trading Activity

More losses for Junior Market – Wednesday

July 3, 2019 by IC Insider.com

Junior Market stock trading.

The Junior Market Index declined 36.09 points on Wednesday on top of the 30 points lost on Tuesday to close at 3,098.94 as declining stock overwhelmed advancing ones 2 to 1.
Trading ended with 29 securities changing hands, resulting in an exchange of 2,596,610 units valued at $10,273,509 compared to 2,119,746 units valued at $7,175,273 on Tuesday.
At the close of market activities, the prices of 7 securities advanced, 14 declined and 8 remained unchanged.
Trading ended with an average of 89,538 units for an average of $354,259 in contrast to 73,095 units for an average of $247,423 on Tuesday. The average volume and value for the month to date amounts to 63,015 shares valued $233,383 for each security traded compared to 48,223 units valued at $165,972 traded previously. June ended with an average of 166,169 units at $674,841 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 one with a lower offer.
At the close of the market, Access Financial declined $2.80 to settle at $43.20 in trading 22,140 shares, Amg Packaging lost 6 cents in trading of 264,709 units at $2, Blue Power ended trading with 3,540 shares, after rising 45 cents to end at $5.40, Cargo Handlers shed 50 cents in trading of 5,492 units to close at $9. Caribbean Cream traded 37,500 shares at $5, Caribbean Producers shed 14 cents in trading of 15,000 units at $4.76. Derrimon Trading gained 1 to end at $2.50, trading 63,402 shares, Dolphin Cove dipped 5 cents in trading of 2,992 units at $11.70, Everything Fresh closed with a loss of 8 cents at $1.40, in swapping of 22,500 shares, Elite Diagnostic closed trading of 12,000 units and gained 25 cents to end at $4.35. Express Catering traded 12,229 shares, to end at $6.70, Fosrich Group closed with a loss of 3 cents at $4.46, in swapping of 29,029, shares, Fontana Limited climbed 25 cents and exchanged 91,310 shares at a closing record high of $5.85, General Accident declined 15 cents in trading of 11,885 units at $4.05. GWest Corporation fell 4 cents in exchanging 240,626 units at an all-time closing low of $1.01, Honey Bun shed 40 cents in trading of 16,166 units at $6.20, iCreate ended with a loss of 1 cent at 72 cents with 75,067 stock units changing hands, Indies Pharma climbed 14 cents and exchanged 82,496 shares at $3.15. Iron Rock Insurance climbed 15 cents and exchanged 3,002 shares at $3.50, ISP Finance closed at $17 with an exchange of 3,200 shares, Jamaican Teas ended trading with 15,333 shares, after rising 54 cents to end at $4.40. Key Insurance traded 8,867 shares at $3.35, Lasco Distributors fell 10 cents in trading of 415,716 units at $3.30, Lasco Financial closed with a loss of 60 cents at $4.10, in trading of 383,802 shares, Lasco Manufacturing closed at $4.25, with an exchange of 651,176 stock units. Main Event ended at $6.10, trading 34,859 stock units and Medical Disposables declined 2 cents in exchanging 30,500 units at $6.70 and Derrimon Trading preference shares saw 2,000 units crossing the exchange at $2.

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: Access Financial, AMG Packaging, Best prforming stock market, Blue Power, Cargo Handlers, Caribbean Producers, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Stationery and Office, Trading Activity

Junior Market pulls back – Tuesday

July 2, 2019 by IC Insider.com

Fontana ended at a record close of $5.60.

The Junior Market Index declined 30.09 points to close at 3,135.03 at the close on Tuesday with 23 securities changing hands resulting in the prices of 9 securities rising, 13 declining and 7 remaining unchanged.
Pharmaceutical company, Fontana traded at a new all-time high of $5.90 but pulled back by the close to end at a 52 weeks’ high. Trading ended with an exchange of just 2,119,746 units valued at $7,175,273.down sharply from just 387,846 units valued at $1,455,265 on Monday from 32 securities changing hands.
Trading ended with an average of 73,095 units for an average of $247,423 in contrast to 16,863 units for an average of $63,272 on Monday. The average volume and value for the month to date amounts to 48,223 units valued at $165,972. June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial dipped 30 cents in trading of 720 units at $46, AMG Packaging closed trading of 25,100 units and gained 1 cent to end at $2.06, Blue Power decline 5 cents in trading of 3,000 units at $4.95. CAC 2000 settled at $15 with only 7,000 stock units trading, Caribbean Cream ended market activity exchanging 31,682 shares to close at $5 after falling 25 cents, Cargo Handlers traded 1,2598 shares at $9.50, Caribbean Producers exchanged 9,986 shares at $4.90, Consolidated Bakeries closed 23 cents higher at $2, with 10,000 stock units trading. Derrimon Trading close with a loss of 3 cents at $2.49, after swapping 294,634, shares, Dolphin Cove dipped 25 cents in trading of 793 units at $11.75. Elite Diagnostic closed 10 cents higher at $4.10, with 95,751 stock units trading, Everything Fresh ended trading with 200,100 shares, after rising 11 cents to end at $1.48, Express Catering ended trading with 36,396 shares, to end at $6.70. FosRich Group ended with a loss of 1 cent at 4.49 with 21,629 stock units changing hand. Fontana closed trading of 144,842 units and gained 35 cents to end at $5.60, GWest Corporation fell 16 cents in trading of 155,689 units to close at $1.05 after the company reported a big loss for the year ended March, Honey Bun shed 5 cents in trading of 28,300 units at $6.60. iCreate ended with an exchange of 142,800 shares, after rising 1 cent to end at 73 cents, Indies Pharma closed with a loss of 9 cents at $3.01, in trading 200,000 shares, Iron Rock closed with a loss of 15 cents at $3.35, exchanging 25,000, shares, ISP Finance lost $2.63 in trading just 300 units at $17. Jamaican Teas shed 39 cents in trading 302,054 units to close at $3.86, Key insurance traded 2,000 shares to close at $3.35, Knutsford Express closed trading of 18,800 units and gained 29 cents to end at $12.79, Lasco Distributors ended trading with 129,119 shares, to end at $3.40, Lasco Financial fell 30 cents with 187,457 units changing hands at $4.70. Lasco Manufacturing closed at $4.25, with an exchange of 8,209 stock units, Main Event closed 39 cents higher at $6.10, with 30,891 stock units trading and Medical Disposables rose 2 cents to $6.72, trading 6,236 stock units.