
Access Financial drops $6 on Wednesday, more than reversing Tuesday’s gain.
The Junior Market of the Jamaica Stock Exchange after enjoying five consecutive days of strong gains, declined on Wednesday by a whopping 57.67 points to close at 3,011.26.
At the close of market activities, the prices of 11 securities advanced, 9 declined and 5 remained unchanged with 25 securities changing hands, resulting in a big hike in the quantity of shares trading to 7,465,041 units valued at $55,063,474 compared to 1,630,055 units valued at $7,932,006 from 23 securities changing hands on Tuesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Market activity ended with an average of 298,602 units for an average of $2,202,539 in contrast to 70,872 units for an average of $344,870 on Tuesday. The average volume and value for the month to date, amounts to 151,011 units valued at $894,076 and previously 96,749 units valued at $413,023. In contrast, May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, Access Financial dived $6 to end at $47, with 120 shares, AMG Packaging ended with a loss of 10 cents at $2.10, with 67,094 stock units,
CAC 2000 finished with a loss of 50 cents at $8, with 100 shares, Caribbean Cream rose 4 cents to close at $5.10, with 13,840 shares, Caribbean Producers finished trading with a loss of 20 cents at $5.05, in exchanging 25,000 units. C2W Music ended at 45 cents, with 25,000 shares traded, Elite Diagnostic settled at $3.13, with 48,467 units, Eppley ended trading $1.04 higher at $9.18, with 1,700 shares, Express Catering traded at $7.80, with 2,453,192 shares. FosRich Group gained 5 cents to $2.75, with 41,869 shares, General Accident closed with a loss of 15 cents at $3.15, after 32,000 stock units changed hands, Honey Bun concluded trading 40 cents higher at $5, with 42,404 shares, Jamaican Teas rose 10 cents to $5, with 124,213 stock units. Jetcon Corporation traded 6 cents higher at $4.06, with 140,299 units,
Key Insurance traded 7,947 shares and rose 21 cents to $3.50, KLE Group closed with a loss of 14 cents at $2.86, in exchanging 2,000 shares, Knutsford Express dropped $2.25 to $11.50, with 1,790,027 shares changing hands. Lasco Distributors added 10 cents in trading 1,978 stock units at $4.10, Lasco Financial finished with a loss of 2 cents at $5.10, trading 1,263,476 units, Lasco Manufacturing settled 30 cents higher at $4.20, with 700,000 shares, Main Event climbed 65 cents higher to $8, with 93,893 shares. Paramount Trading finished trading at $3, with 1,498 stock units, Stationery and Office closed with a loss of 6 cents at $8, after 26,634 units changed hands and tTech concluded trading 35 cents higher at $6.10, with 715 shares. In the junior market preference segment, Eppley 8.75% settled at $6, with 561,575 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
The Junior Market of the Jamaica Stock Exchange enjoyed two days of major index moves as express catering moved to two record closing on Monday and Tuesday and broke a one year downtrend.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than their last selling prices and 6 with lower offers.
GWest Corporation ended 19 cents higher at $2.30, with 1,945 units, Honey Bun concluded trading with 174,441 shares and lost 20 cents to end at $4.60, ISP Finance dropped $2 to $15, with 17,300 shares. Jamaican Teas ended trading at $4.90, with 9,033 stock units, Jetcon Corporation traded at $4, with 48,100 units, Key Insurance climbed 54 cents and finished trading at $3.29, with 4,500 shares, Knutsford Express ended 75 cents higher at $13.75, with 7,444 shares changing hands. Lasco Distributors concluded trading at $4, with 277,173 stock units, Lasco Financial finished with a loss of 13 cents at $5.12, after 168,368 units traded, Lasco Manufacturing settled with a loss of 29 cents at $3.90, with 98,495 shares, Main Event ended trading at $7.35, with 7,870 units followed by Stationery and Office closing 6 cents higher at $8.06, with 31,803 units and tTech concluded trading 45 cents higher at $5.75, with 24,600 shares changing hands.
At the close of the market, Access Financial closed $4 higher at $52, with 500 shares, CAC 2000 finished with a loss of 47 cents at $8.50, with 28,600 shares, Caribbean Producers finished trading at $5.25, with 16,929 units, Consolidated Bakeries closed with a loss of 2 cents at $2.48, with 3,000 shares, Dolphin Cove finished with a loss of 9 cents at $17.90, with 1,000 stock units. Elite Diagnostic settled at $3.13, with 24,000 units, Express Catering ended trading 65 cents higher at $7.40, with 63,573 shares, FosRich Group traded 2 cents higher at $2.60, with 23,060 shares, General Accident finished trading at $3.39, with 900 shares. Honey Bun ended 5 cents higher at $4.80, with 1,100 units, ISP Finance finished at $17, with 200 shares,
Jamaican Teas settled 10 cents higher at $4.90, with 1,000 shares, Jetcon Corporation ended trading with a loss of 10 cents at $4, with 360,753 stock units. Knutsford Express finished trading 50 cents higher at $13, with 956 shares, Lasco Distributors closed at $4, with 46,262 shares, Lasco Financial ended 5 cents higher at $5.25, with 51,210 shares, Lasco Manufacturing concluded trading 19 cents higher at $4.19, with 305,051 stock units. Main Event finished with a loss of 65 cents at $7.35, with 59,453 units, Paramount Trading ended trading 12 cents higher at $3, with 705 shares and Stationery and Office traded with a loss of 6 cents at $8, with 22,998 shares. In the junior market preference segment, Eppley concluded trading $8.14 higher at $8.14, with 1,000 units, Eppley ended trading at $6, with 5,451 shares, changed hands.
At the close of the market, Access Financial closed at $48, with 1,156 shares trading, AMG Packaging ended 10 cents higher at $2.10, with 1,786 stock units, Cargo Handlers settled with a loss of 50 cents at $9.50, trading 611 shares, Caribbean Producers finished trading 45 cents higher at $5.25, with 102,100 units, Consolidated Bakeries jumped 50 cents to close at $2.50, with 40,000 shares. Derrimon Trading rose 15 cents to end at $9.15, with 6,769 shares, Elite Diagnostic settled with a loss of 2 cents at $3.13, with 61,939 units, Eppley ended trading with a loss of $2.04 at $8.14, while exchnaging 3,000 shares, Express Catering traded 65 cents higher at $6.75, with 18,900 shares. FosRich Group finished trading with a loss of 1 cent at $2.58, with 11,017 shares changing hands, General Accident closed with a loss of 6 cents at $3.39, with 979,394 stock units trading, GWest Corporation ended with a loss of 4 cents at $2.11, with 11,755 units, Iron Rock finished at $3.05, with 32,000 shares.
Jamaican Teas ended trading at $4.80, exchanging 167,054 stock units, Jetcon Corporation traded 5 cents higher at $4.10, with 35,500 units, Lasco Distributors concluded trading with a loss of 4 cents at $4, as 2,106,900 shares changed hands, Lasco Financial finished with a loss of 5 cents at $5.20, with 21,690 units. Lasco Manufacturing settled with a rise of 5 cents to $4, trading 266,500 shares, Main Event traded 65 cents higher to end at a 52 weeks’ closing high of $8, with 9,962 shares, Medical Disposables traded with a loss of 22 cents at $4.30, with 5,000 shares, Stationery and Office closed 6 cents higher at $8.06, with 14,152 units and tTech concluded trading with a loss of 70 cents at $5.30, trading 10,000 shares. In the junior market preference segment, Eppley 8.75% settled at $6, with 23,998 shares changed hands.
Trading on the Junior Market of the Jamaica Stock Exchange resulted in an exchange of 2,550,756 units valued at $11,503,215 compared to 3,694,880 units valued at $16,175,190 on Wednesday.
April closed with an average of 121,622 units at $506,803, for each security traded.
KLE Group finished trading 50 cents higher at $3, with 7,466 shares. Knutsford Express closed at $12.50, with 671 shares, Lasco Distributors ended with a loss of 6 cents at $4.04, after 384,910 shares traded, Lasco Financial concluded trading and gained 5 cents to $5.25, with 28,264 stock units, Lasco Manufacturing fell 25 cents to close at $3.95, with 159,483 units traded. Main Event settled with a loss of 35 cents at $7.35, with 33,031 shares after trading at a 52 weeks’ high of $8.10, Medical Disposables ended trading 2 cents higher at $4.52, with 21,000 shares, Stationery and Office closed with a loss of 12 cents at $8, after 13,397 stock units changed hands and tTech ended with a loss of 10 cents at $6, while 113,585 shares traded. In the junior market preference segment, Eppley 9.5% settled at $6, with 4,883 shares that changed hands.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than their last selling prices and 9 with lower offers.
Knutsford Express ended at $12.50 after gaining $1 trading 34,769 shares, Lasco Distributors concluded trading with a rise of 10 cents at $4.10, exchanging 12,000 stock units, Lasco Financial finished with a loss of 20 cents at $5.20, with 4,659 units, Lasco Manufacturing settled 20 cents higher at $4.20, with 10,450 shares. Main Event rose 40 cents to $7.70, with 21,539 shares, Paramount Trading finished trading with a loss of 12 cents at $2.88, in exchnaging 5,000 stock units, Stationery and Office closed 2 cents higher at $8.12, with 25,797 units and tTech concluded trading with a loss of 15 cents at $6.10, after 100 shares changed hands. In the Junior Market preference segment, Eppley 8.25% concluded trading at $6, with 162,933 units trading, Eppley 8.75% settled at $6, with 32,500 shares and Eppley 9.5% finished with a loss of 1 cent at $6, trading 8,275 shares.
Jamaica cross country luxury bus operators, Knutsford Express traded 19.44 million shares on the Junior Market as the NCB Financial Group continues to reduce their holdings in the company and booking some hefty profits in the process.
The average volume and value for the month to date amounts to 224,366 units with an average value of $1,343,731 and previously 187,592 units with an average value of $886,396. April closed with an average of 121,622 units at $506,803, for each security traded.
Jetcon Corporation traded with a loss of 6 cents at $4, while 34,435 units changed hands, KLE Group closed with a loss of 35 cents at $2.50, trading 13,000 shares, Knutsford Express ended with a loss of 99 cents at a 52 weeks’ low of $11.50, with 19,440,611 shares changing hands, Lasco Distributors concluded trading 10 cents higher at $4, with 56,281 stock units. Lasco Financial finished 40 cents higher at $5.40, with 4,985 units, Lasco Manufacturing settled at $4, with 17,000 shares, Main Event ended trading with a loss of 30 cents at $7.30, as 6,277 shares were exchanged, Stationery and Office closed with a loss of 29 cents at $8.10, with 76,232 units and tTech concluded trading with a loss of 25 cents at $6.25, exchanging 3,967 shares. In the Junior Market preference segment, Eppley 8.25% concluded trading at $6, with 3,400 units, Eppley 9.5% finished 1 cent higher at $6.01, with 2,942 shares, changed hands.
Trading levels on the Junior Market fell sharply from Friday’s 6,308,783 units valued at $25,012,631, to just 776,551 units valued at a mere $3,574,246 on Monday.
April closed with an average of 121,622 units at $506,803, for each security traded.
Knutsford Express ended 49 cents higher at $12.49, with 741 shares, Lasco Distributors concluded trading with a loss of 14 cents at $3.90, with 17,497 stock units. Lasco Financial finished with a loss of 20 cents at $5, with 91,733 units, Lasco Manufacturing settled with a loss of 20 cents at $4, with 16,873 shares, Main Event ended trading 60 cents higher at $7.60, with 67,788 shares, Medical Disposables traded with a loss of 10 cents at $4.50, with 29,378 shares. Paramount Trading finished trading 24 cents higher at $3, with 15,166 stock units, Stationery and Office closed 11 cents lower to $8.39, with 48,983 units and tTech gained 50 cents to close at $6.50, with 5,905 shares. In the junior market preference segment, Eppley 8.25% concluded trading at $6, as 5,000 units changed hands.
Trading levels on the Junior Market were in line with Thursday as 6,308,783 units valued at $25,012,631 traded on Friday compared to 7,377,691 units valued at $23,298,507 changing hands on Thursday.
The average volume and value for the month to date amounts to 195,232 units with an average value of $922,724 and previously 190,095 units with an average value of $910,702. April closed with an average of 121,622 units at $506,803, for each security traded.
GWest Corporation ended at $2.10, with 954,958 units. Honey Bun concluded trading with a loss of 2 cents at $4.61, with 77,739 shares, Iron Rock finished with a loss of 2 cents at $3.05, with 21,000 shares, ISP Finance drifted $1 lower to $17, with 500 shares, Jamaican Teas ended trading 6 cents higher at $4.40, with 30,563 stock units. Jetcon Corporation traded 10 cents higher at $4.10, with 4,198,551 units, Knutsford Express ended at $12, with 29,985 shares, Lasco Distributors concluded trading with a loss of 11 cents at $4.04, with 8,600 stock units, Lasco Financial finished at $5.20, trading 11,263 units. Lasco Manufacturing settled 20 cents higher at $4.20, with 382,421 shares, Main Event ended trading at $7, with 38,000 shares, Paramount Trading finished trading with a loss of 24 cents at $2.76, with just 1,000 stock units changing hands, Stationery and Office closed with a loss of 30 cents at $8.50, with 36,389 units and tTech concluded trading with a loss of 50 cents to $6, after 67,564 shares changed hands.
April closed with an average of 121,622 units at $506,803, for each security traded.
Honey Bun concluded trading with a loss of 5 cents at $4.65, exchanging 7,702 shares, Jamaican Teas rose 34 cents to $4.34, with 5,962 stock units, Jetcon Corporation traded with a loss of 15 cents at $4.10, with 27,857 units, KLE Group closed 5 cents higher at $2.85, with 1,416,905 shares. Knutsford Express ended at $12, with 4,891 shares trading, Lasco Distributors climbed 25 cents to $4.20, with 14,400 stock units, Lasco Financial finished with a loss of 4 cents at $5.36, after trading 15,000 units, Lasco Manufacturing settled at $4, with 2,000 shares. Main Event ended trading at $7, with 64,966 stock units, Medical Disposables traded at $4.60, with 3,761 shares, Stationery and Office ended trading $8.95 with 51,000 shares, changing hands and tTech gained 50 cents to close at $6.50, with 19,717 shares changing hands.