Juniors inch upward to new record
The junior market trading ended with 14 security trading versus 21 that traded on Friday. Trading ended with prices of 6 stocks gaining and 7 declining. The volume of stocks changing hands, ended at 1,892,208 units valued at $12,483,279, compared to 22,999,535 units changing hands valued at $127,583,667, on Friday.
An average 135,158 units with an average value of $891,663 traded, compared to 1,095,216 units with an average value of $6,075,413 on the preceding trading day. The average for the month to date is 193,440 units with an average value of $1,038,653 versus 197,604 units with an average value of $1,049,152 on Friday. The average for December is 131,147 units, at an average of $672,488.
The market closed with 10 stocks with bids higher than their last sale and none with lower offers than their last sale.
At the close of trading, AMG Packaging dropped $3.52 to close at $21 with 2,080 units changing hands, Cargo Handlers traded 8,684 shares at $20, Caribbean Cream fell 20 cents and closed trading at $7.10 with 6,360 units trading, Caribbean Producers, traded 631 shares and rose 5 cents to $4.15. Consolidated Bakeries ended at $2.60 with 80,000 shares changing hands, Honey Bun closed with a rise of 67 cents while 55,340 shares changed hands, at $6.88, Jamaican Teas jumped $1.10 to end at a new closing high of $7.60 with 60,557 shares being exchanged. Jetcon Corporation traded 40,750 shares to end at a 52 weeks’ closing high of $10.30, Knutsford Express traded 284 units to close at $24.51 after rising 46 cents, Lasco Distributors with 1,227,427 units trading fell 5 cents to end at $7.30, Lasco Financial with 25,000 shares changing hands declined 9 cents to end at $3.60. Lasco Manufacturing with 354,159 units changing hands lost 8 cents and closed at $5.10, Medical Disposables rose 25 cents to close at $4.70 with 10,940 shares changing hands and tTech traded 19,996 shares to close at $6.01, after falling 49 cents.
Juniors break 2,800 majors shy of 214,000 – Monday
Trading on the Jamaica Stock Exchange in the early morning session resulted in the junior market breaking the 2,800 barrier for the first time and the all Jamaica index sitting just under 214,000 points as a number of stocks hit record close.
Large trades include, Jamaica Broilers Group with 6,876,548 shares at $15.47 and Portland JSX with 10,000,000 at $9.01, both were crossed trades by Victoria Wealth. Trading at new highs are Jamaican Teas with 6,515 units at $7.80, Jamaica Producers with 2,000 shares at $11 and Berger Paints with 20,000 units at $7.80.
Securities changing hands, amount to 27 at 10:45 am, compared to 32 on Friday. A total of 12 securities advanced and 7 declined, resulting in a volume of 17,402,301 shares changing hands, carrying a value of $200,550,750, compared of 34,904,514 shares changing hands, carrying a value of $248,422,322, on Friday. The average number of shares traded, amount to 644,530 units versus 1,090,766 units on Friday.
The all Jamaica Composite Index climbed 1,007.72 points to 213,854.59 the Jamaica Stock Exchange Market Index rose 901.09 points to 195,598.60, the Jamaica Stock Exchange combined index gained 1,163.78 points to 210,261.91 and the junior market index climbed 31.93 points to 2,809.80.
Juniors inch forward on Friday
Trading was dominated by Lasco Distributors with 7,130,521 units trading with a loss of 5 cents to end at $7.35, Lasco Financial with 3,895,608 shares at $3.69, after rising 6 cents and Lasco Manufacturing with 10,576,878 units changing hands with a rise of 18 cents closed at $5.18.
The junior market index climbed 15.93 points to a record close of 2,777.87 with 21 security trading versus 17 that traded on Thursday. Trading ended with prices of 9 stocks gaining and 7 declining, on heavy volumes.
An average of 1,095,216 units with an average value of $6,075,413 traded, compared to 269,597 units with an average value of $1,551,515 on the preceding trading day. The average for the month to date is 197,604 units with an average value of $1,049,152 versus 128,556 units with an average value of $662,517 on Thursday. The average for December is 131,147 units, at an average of $672,488.
The market closed with 7 stocks with bids higher than their last sale and none with a lower offer, than their last sale.
At the close of trading, AMG Packaging rose 12 cents to close at $24.52 with 700 units changing hands, Blue Power closed with 1,850 units changing hands at $37, Cargo Handlers lost 90 cents in trading 9,968 shares at $20, Caribbean Cream rose 30 cents and closed trading at $7.30 with 78,104 units trading. Caribbean Producers, traded 60,454 shares and rose 10 cents to $4.10, Consolidated Bakeries ended at $2.60 with 110,268 shares changing hands, after rising by 20 cents, Dolphin Cove lost 50 cents trading 650 shares at $14, General Accident Insurance traded 18,567 shares to end at $2.95 after falling 13 cents. Honey Bun closed with 497,760 shares changing hands, at $6.21, Jamaican Teas jumped $1 to end at a new high $6.50 with 2,000 shares being exchanged, after the company reported that the board of directors will be considering a stock split at its upcoming meeting in February. Jetcon Corporation traded 48,465 shares to end at $10 after trading at a new intraday high of $10.50, Key Insurance traded 33,300 units to close at $3 after losing 10 cents, Medical Disposables lost 25 cents to close at $4.45 with 27,900 shares changing hands, tTech traded 2,000 shares to close at $6.50. Eppley 9.5% preference share, ended with 307,319 units changing hands to close at $6 after falling 6 cents and Eppley 8.25% preference share, ended with 185,036 units changing hands to close at $6.
Juniors inch forward on Thursday
At the close of the market volume traded jumped 146 percent, from Wednesday’s level, as CAC 2000 traded 1,955,293 and Lasco Manufacturing exchanged 1,990,064 shares. Trading ended with 4,583,153 units, changing hands, valued at $26,375,749, with a rise of 106 percent from $12,828,651 on Wednesday.
An average of 269,597 units with an average value of $1,551,515 traded, compared to 109,745 units with an average value of $754,627 on the preceding trading day. The average for the month to date is 128,556 units with an average value of $662,517 versus 116,803 units with an average value of $588,434 on Wednesday. The average for December is 131,147 units, at an average of $672,488.
The market closed with 8 stocks with bids higher than their last sale and 2 with a lower offer, than their last sale.
At the close of trading, AMG Packaging recovered just $1.35 of the $9.95 it fell by on Wednesday to close at $24.40 with 11,000 units changing hands, CAC 2000 closed with gain of 76 cents at $6.01, Cargo Handlers lost 10 cents in trading 1,984 shares at $20.90, Caribbean Cream closed trading at $7 with 51,959 units trading. Caribbean Flavours traded 900 units to end at $11.20 with a loss of 80 cents, Caribbean Producers, traded 11,000 shares and rose 20 cents to $4, Derrimon Trading ended at $5.51 with 20,000 shares changing hands, after rising by 1 cent, General Accident Insurance traded 38,600 shares to end at $3.08 after rising 8 cents. Honey Bun closed with 1,500 shares changing hands, for a fall of 4 cents to $6.21. Jamaican Teas fell 25 cents to end at $5.50 with 15,000 shares being exchanged, Jetcon Corporation traded 185,562 shares to end at a new closing 52 weeks’ high of $10 after adding 50 cents, KLE Group closed at $2.20 with 20,000 units changing hands, Lasco Distributors ended with 9,862 units trading, to close at $7.40, after adding 37 cents. Lasco Manufacturing closed at $5, with a loss of 15 cents as just under 2 million units traded, Medical Disposables lost 13 cents to close at $4.60 with 21,127 shares changing hands, tTech traded 209,302 shares to close at $6.50 and Eppley 9.5% preference share, ended with 40,000 units changing hands to close at $6.06 after falling 12 cents.
9 unbroken record close for juniors
At the close of trading on Tuesday the prices of 6 stocks rose, 5 declined with 18 securities trading, compared to 15 trading on Monday. Volume of stocks traded dropped 83 percent, from Monday’s level, ending with a volume of just 1,234,173 units, changing hands, valued at $7,873,809, with a fall of 73 percent from $28,781,077 on Monday.
An average of 68,565 units with an average value of $437,434 traded, compared to 492,938 units with an average value of $1,918,738 on the preceding trading day. The average for the month to date is 117,445 units with an average value of $573,325 versus 122,333 units with an average value of $586,914 on Monday. The average for December is 131,147 units, at an average of $672,488.
The market closed with 5 stocks with bids higher than their last sale and 1 with a lower offer, than their last sale.
At the close of trading, AMG Packaging shed $2 to close at $33 with 12,972 units changing hands, Blue Power gained 40 cents and closed with 3,852 units changing hands at a new record of $37, Caribbean Cream closed trading at $7 with 53,392 units trading. Caribbean Flavours rose 5 cents with just 560 units being exchanged at $12, Caribbean Producers, traded 35,030 shares and rose 20 cents to $4, Consolidated Bakeries fell 20 cents in trading 19,200 shares to close at $2.40, Derrimon Trading ended at $5.50 with 19,751 shares changing hands, after slipping by 10 cents. Dolphin Cove ended at $14.50 with 3,000 shares trading, General Accident Insurance traded 211,562 shares to end at $2.90, Honey Bun with 78,928 shares changing hands, to close at $6.20, Jamaican Teas climbed 45 cents and ended with 5,000 shares being exchanged at a new record of $5.75. Investors bought 329,001 Jetcon Corporation shares with a gain of 50 cents to a new high of $9.50. Lasco Distributors ended with 28,000 units trading, to close at $7.20, Lasco Financial had 31,990 shares changing hands, to end at $3.65, with a 5 cents loss Lasco Manufacturing ended at $5.15, with 52,300 units trading. Medical Disposables closed at $4.50 with 4,650 shares changing hands, Paramount Trading ended with 154,637 shares changing hands at $3, with a loss of 12 cents and tTech traded 190,348 shares and rose 50 cents to close at record high of $6.50.