Cargo Handlers jumps $3 – Wednesday

Cargo Handlers jumped $3 to close at a new high of $49, with 1,000 units changing hands on the junior market on Wednesday, ahead of an August 3, board meeting to consider a stock split. Trading in the market closed with 12 securities being active. JM - Sum 27-7-16The index closed 12.08 points higher at 2,193.43 as 3 stocks gained and 4 declined with 1 closing at a new high and one at a new low. A total of 1,816,484 units traded, valued at $5,056,429.
A total of 6 stocks closed with bids higher than their last selling prices and none ended with a lower offer.
At the close, Caribbean Cream lost 30 cents with 16,885 shares changing hands to close at $6.70, General Accident lost 10 cents in trading 1,203,707 units at $2.05, Mayberry Investments crossed 1,203,365 of the shares to trade. Honey Bun had 9,913 shares changing hands to close at $5.50. Key Insurance traded 3,539 shares to close at $2.50, KLE Group had 4,950 units trading at $7.40, JM Trdng Sht 27-7-16Lasco Distributors ended with 9.640 shares changing hands, to end at $7.40, Lasco Financial ended with 84,114 shares changing hands to close 5 cents higher at $3.40. Lasco Manufacturing closed at $5 with 81,326 shares trading, Medical Disposables traded 389,454 shares and gained 45 cents to close at $4, tTech traded 8,456 units to end at $4 and Derrimon Trading preference share ended with 3,500 shares changing hands to close 1 cent lower at a 52 weeks’ low of $2.07.

5 junior stocks gain 3 fall – Tuesday

Junior market trading closed with an increase in the index on Tuesday with more stocks gaining than falling, with 12 securities being active. JM - Sum 26-7-16The index closed 24.94 points higher at 2,181.35 as 5 stocks gained and 3 declined. A total of 1,483,101 units traded, valued at $7,313,357.
A total of 5 stocks closed with bids higher than their last selling prices and 1 ended with lower offers.
At the close, Access Financial Services lost 15 cents to close at $17.35, with 78,559 units changing hands, Caribbean Cream gained 49 cents with 238,866 shares changing hands to close at $7, Caribbean Flavours traded 13,002 units to end at $7. Caribbean Producers traded 10,000 shares and gained 1 cent to end at $3.26, JM Trdng Sht 26-7-16Derrimon Trading rose 1 cent in trading 4,000 shares to end at $3.07, Honey Bun fell 3 cents with 400 shares changing hands and closed at $5.50. Iron Rock Insurance lost 7 cents in trading 610,529 shares to close at $3.18, Jamaican Teas rose 60 cents and traded 1,000 shares to close at $3.80, Lasco Distributors ended with 9.710 shares changing hands, but rose 40 cents to $7.40, Lasco Financial ended with 167,060 shares changing hands to close at $3.35. Lasco Manufacturing closed at $5 with 326,431 shares trading and tTech traded 23,544 units to end at $4.

Juniors suffers slight fall on Thursday

Junior market trading closed slightly down on Thursday with more stocks falling than the number rising, with 17 securities being active and the index closing 2.80 points lower at 2,190.19 as 5 stocks gained and 7 declined. The market ended with 1,137,261 units traded, valued at $6,066,776.
JM - Sum 21-7-16A total of 5 stocks closed with bids higher than their last selling prices and 1 ended with a lower offer.
At the close, AMG Packaging traded 16,612 shares to close at $12.50, Blue Power with a fall of $1.18 with just 100 shares changing hands, at $15, CAC 2000 traded 70,925 shares at $6.50, Caribbean Cream fell 3 cents in closing at $6.95, with 21,326 shares traded, Caribbean Producers traded 25,000 shares and gained 26 cents to end at $3.46. Consolidated Bakeries traded 52,000 shares to end at $2.10, General Accident lost 12 cents to close at $2.03 with 42,000 shares changing hands, Iron Rock Insurance gained 2 cents in trading 25,000 shares and closed at $3.20, Jamaican Teas lost 30 cents in trading at $3.20 with 1,519 shares changing hands. JM Trdng Sht 21-7-16Jetcon Corporation fell 15 cents to close at $2.55 with 50,000 shares changing hands, Key Insurance gained 5 cents in trading 3,163 shares at $2.60, Knutsford Express had 22,732 units changing hands, to close at $15, Lasco Distributors ended with 192,726 shares changing hands, but rose 19 cents to $7.49, Lasco Financial ended with 48,628 shares changing hands at $3.40. Lasco Manufacturing closed at $4.90 with 554,582 shares trading a decline of 10 cents. Medical Disposables traded 1,885 shares and gained 1 cent to close at $3.50 and tTech ended with 9,063 shares changing hands to end at $3.80.

Juniors market up on Wednesday

Junior market trading closed with 15 securities being active accounting for just under 600,000 shares changing hands compared to less than 4.3 million on Tuesday. The junior index closed 37.85 points higher at 2,192.99 as 6 stocks gained and 6 declined.
JM - Sum 20-7-16At the close on Wednesday, 597,857 units traded, valued at $6,072,927 down from $20,712,312 on Tuesday. A total of 5 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
At the close, Cargo Handlers ended with 250 shares changing hands, at $46, Caribbean Cream fell 2 cents in closing at $6.98, with 48,600 shares traded, Caribbean Producers traded 3,550 shares and gained 19 cents to end at $3.20, Consolidated Bakeries traded 17,796 shares to end at $2.10. Derrimon Trading gained 1 cent to close at $3.05 with 27,000 shares changing hands, Iron Rock Insurance fell 2 cents in trading 11,000 shares and closed at $3.18, Jamaican Teas lost 30 cents in trading at $3.50 with 18,000 shares changing hands, JM Trdng Sht 20-7-16Knutsford Express had 270,000 units changing hands, to close at $15. Lasco Distributors ended with 141,930 shares changing hands, but rose 20 cents to $7.30, Lasco Financial ended with a rise of 14 cents while 17,700 shares changed hands at $3.40, Lasco Manufacturing closed at $5 with 16,000 shares trading a decline of 1 cent. Medical Disposables traded 2,743 shares and gained 39 cents to close at $3.49, Paramount Trading climbed 50 cents to $11 with 21,351 shares changing hands, Sweet River lost 19 cents in trading 1,000 shares to close at $3.80 and tTech ended with 937 shares changing hands to end at $3.80 after shedding 20 cents.

Juniors enjoy big jump – Thursday

Caribbean Cream climbed 55 cents in trading on Thursday to end at a new high of $6.05.

Caribbean Cream climbed 55 cents in trading on Thursday to end at a new high of $6.05.

The junior market index closed strongly higher by 74.94 points or 3.6 percent, to end at 2,158.63. The sharp rise in the index was aided by Lasco Distributors price climbing 93 cents to $6.55 while trading 16,383 shares, Dolphin Cove gained 50 cents to close at $12.50 while trading 500 shares and Caribbean Cream traded 7,000 shares with a gain of 55 cents to close at a new all-time high of $6.05.
Caribbean Cream’s gain was in response to an 81 percent jump in profit to $71 million, for the May quarter, while that of Lasco Distributors, was a rebound from the sharp fall last week, of the stock reacting negatively to news to Pfizer’s suggestion, that the compensation for damages was put at US$518,000 instead of US$300 million claimed.
JM - Sum 14-7-16rActivity increased on the junior market with more securities being active than on Wednesday. At the close of the market 422,443 units traded valued at $1,648,134, ending with 17 securities trading of which 8 advanced and 6 declined. At the end of trading, 4 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
At the close, Blue Power gained 18 cents and ended at a 52 weeks’ high of $16.18, with 500 units changing hands, Caribbean Flavours traded 10,000 units to end at $6.75 with a loss of 25 cents, Caribbean Producers traded 9,120 units at $3.01, Consolidated Bakeries gained 3 cents in trading 22,350 shares to close at $2.03. Derrimon Trading gained 5 cents to end at $3.05 with 32,000 shares changing hands, General Accident traded 124,374 units at $2.05, Honey Bun fell 30 cents while trading 53,950 shares to close at $5.30, Jamaican Teas lost 4 cents in trading 6,761 shares and closed at $3.80.JM trdng sht 14-7-16 Jetcon Corporation had 8,324 units changing hands with a loss of 5 cents at $2.65, Lasco Financial ended with 44,000 shares changing hands, but fell 5 cents to $3.35, Lasco Manufacturing gained 1 cent and closed at $5.01 with 68,023 shares trading. Medical Disposables traded 2,800 shares to close with a gain of 5 cents at $3.10, Paramount Trading fell by 50 cents to end with 10,158 shares changing hands at $10.50 and Eppley 9.5% preference share, ended with 6,200 units changing hands at $6.11.

Modest recovery for juniors – Monday

JM signThe junior market closed trading on Monday with more securities participating and more stocks rising than declining than on Friday, but the market index closed higher at the end. The volume of stocks trading amounted to 2,230,238 units valued at $6,146,551, up from 508,544 units valued at $2,291,057 on Friday.
A total 19 securities traded compared to only 14 on Friday leading to 8 stocks advancing and 6 declining on Monday. The market index ended with a gain of 27.08 points and closed at 2,032.77.
At the end of trading, 4 stocks closed with bids higher than their last selling prices and 1 ended with a lower offer.
JM - Sum 11-7-16At the close, AMG Packaging lost 15 cents to end at $12.41 with 18,255 units changing hands, Caribbean Cream gained 10 cents with 153,892 shares changing hands at $5.10, Caribbean Flavours gained 49 cents to close at $7 with 110,167 shares, Caribbean Producers traded 187,110 units with a decline of 8 cents to $3.01. Consolidated Bakeries gained 10 cents in trading 50,700 shares to close at $2.10, Derrimon Trading closed at $3 with 4,905 shares changing hands, General Accident gained 10 cents in trading 4,316 units at $2.15, Honey Bun traded 28,683 shares and gained 9 cents to close at $5.60. Iron Rock Insurance lost 5 cents in trading 21,000 shares and closed at $3.20. ISP Finance Services traded 1,000 shares at $4.10, Jamaican Teas ended with 82,616 shares trading at $3.84, after rising by 4 cents, JM Trdng Sht 11-7-16Jetcon Corporation traded 271,621 units and rose 5 cents to $2.70. K.L.E. Group rose 17 cents with 1,000,000 units changing hands at $1.20, Knutsford Express fell by $2.10 with 200 units changing hands at $14.70, Lasco Distributors traded 1,500 units and rose 18 cents to end at $6. Lasco Financial ended with 130,783 shares changing hands, at $3.15, after falling 7 cents, Lasco Manufacturing closed at $5 with 140,085 shares trading, but lost 3 cents in the process, Medical Disposables traded 2,000 shares to close at $3.45 and tTech ended with 21,405 units trading, to close at $4.

Junior index hit again – Friday

Lasco Distributors recovered some lost ground on Friday.

Lasco Distributors recovered some lost ground on Friday.

The junior market closed trading on Friday with more securities participating and more stocks rising than declining than on Thursday, but the market index still shed points at the end. The volume of stocks trading was just above the 472,148 shares valued at $2,592,609 on Thursday with the market closing with 508,544 valued at $2,291,057.
A total 14 securities traded compared to only 6 on Thursday, leading to 7 stocks advancing and 3 declining on Friday. The market index ended with a loss of 27.23 points, an improvement over the fall of 100.65 points on Thursday to close at 2,005.68. Lasco Distributors and Caribbean Producers that inflicted most of damage to the junior market index over the past three days enjoyed some recovery on Friday,JM - Sum 8-7-16 but that was insufficient to recover losses for the overall market.
At the end of trading 5 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
At the end of trading, AMG Packaging closed with a gain of 15 cents at $12.50 with 238 units changing hands, Cargo Handlers ended with 2,145 shares changing hands, at $46, Caribbean Cream fell 10 cents with 99,000 shares changing hands at $5, Consolidated Bakeries gained 10 cents in trading 18,000 shares to close at $2.10. Caribbean Producers traded 17,100 units with a rise of 9 cents to $3.09,JM Trde Sht 8-7-16 Derrimon Trading gained 5 cents to $3 with 5,000 shares changing hands, Honey Bun traded 7,860 shares at $5.51, Jamaican Teas ended with 21,902 shares trading at $3.80, Jetcon Corporation traded 2,855 units at $2.65. Lasco Distributors traded 124,864 units and rose 49 cents to end at $5.82, Lasco Financial ended with 177,758 shares changing hands, at $3.22, after falling 13 cents. Lasco Manufacturing closed at $5.03 with 11,690 shares trading, tTech lost 40 cents in adding 831 units to the trading volume, to close at $4 and Eppley 9.5% preference share rose 11 cents to close at $6.11.

Juniors hit by 6 losers – Tuesday

The junior market closed trading on Tuesday with the market index falling 16.25 points, to close at 2,190.45. A total of 13 active securities with only 450,190 shares valued at $1,993,763, changing hands. At the close, 4 stocks advanced and 6 declined.
JM - Sum 5-7-16At the end of trading 7 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, CAC 2000 gained 1 cent with 1,500 shares changing hands, to end at $6.56, Investors reacted negatively to the release by the Caribbean Producers on Monday, about a write down of inventory and other charges, by marking the stock down by 78 cents, in trading 100,545 shares to close at $3.90.At the close there were bids to buy 2,000 units at $3.85 and 50,000 units at $3.50 then 200,000 units at $3, offers are 98,000 at $4.68 and $4.69 with 50,000 units at $4.75. Dolphin Cove traded 6,282 shares to end with a rise of 35 cents at $12, General Accident Insurance closed at $2.05 with 46,820 units trading, Honey Bun fell 10 cents to close at $5.50, with 76,633 units changing hands, JM Trde Sht 5-7-16Iron Rock Insurance traded 9,000 shares and fell 5 cents to close at $3.30. Jamaican Teas traded 1,800 shares to close at $3.80, Jetcon Corporation lost 35 cents in trading 54,044 units to close at $2.60, Lasco Distributors rose 2 cents while trading 23,496 units to end at $7.40, Lasco Financial ended with 10,098 shares changing hands at $3.20. Lasco Manufacturing fell 1 cent and closed at $5 with 119,342 shares trading, Medical Disposables gained 5 cents in trading 530 shares to close at $3.45 and tTech declined by 10 cents in trading 100 units to close at $4.40.

Juniors end June up – Thursday

Blue Power hit a new high of $15 on Thursday.

Blue Power hit a new high of $15 on Thursday.

The junior market closed trading on Thursday with the market index up by 17.83 points, to close out June at 2,208.16 up 3.4 percent from 2,135.76 points at the end of May. A total of 16 active securities compared to 11 on Wednesday traded but with only 383,501 shares valued at $1,786,848, changing hands on Thursday. At the close, 8 stocks advanced and 3 declined while one closed at a new high.
At the end of trading 9 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers. The market has been trading at the upper end a channel, ranging from 1,900 points to 2,300 points at the top, which is constraining movement in either direction as investors await new sets of company results or some other market moving activity.
JM sum 30-6-16 With the market trading closer to the top than the bottom suggest it is waiting for a break out which the June quarter results could fuel. At the end of trading, Access Financial traded 8,055 shares at $17.40, Blue Power closed at a new high of $15 with 8,000 units trading to gain $1.30, CAC 2000 traded 600 shares but declined 40 cents to end at $6.55, Caribbean Cream gained 14 cents with 9,057 shares changing hands, to close at $5. The out of favour, Caribbean Flavours, lost 44 cents in landing 25,000 shares for buyers at $6.56, Caribbean Producers gained 24 cents with just 5,000 units changing hands, to close at $4.30, C2W Music traded 96,545 shares, to end with a rise of 1 cent at 29 cents, General Accident Insurance closed at $2.05 with 6,045 units trading. Honey Bun gained 10 cents to close at $5.60 with 9,066 units changing hands. JM Trdng Sht-30-6-16Jamaican Teas had only 130 shares changing hands with a gain of 40 cents to end at $3.80, Jetcon Corporation gained 30 cents in trading a mere 100 shares to end at $2.95, Lasco Distributors traded 85,577 units to end at $7.50, Lasco Financial ended with 33,527 shares changing hands at $3.45, for a fall of 4 cents. Lasco Manufacturing closed at $5 with 70,325 shares trading, Medical Disposables traded 26,362 shares to close with a gain of 10 cents, at $3.40 and tTech traded 112 units at $4.

Juniors close flat on Friday

JM SignThe junior market closed trading on Friday with 16 active securities as the volume amounted to 1,686,917 shares valued at $7,442,746 changing hands. At the close the junior market index fell by a mere 0.13 points to 2,215.63. Only 2 stocks advanced and 7 declined.
At the end of trading 5 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers.
At the end of trading, CAC 2000 traded 350 units and rose 35 cents to end at $6.95, JM sum 24-6-16Caribbean Flavours traded 12,682 shares at $7, Caribbean Producers had 15,900 units trading to close at $4, Consolidated Bakeries traded 38,000 units to end at $1.85. C2W Music end trading with 7,019 shares at 34 cents, Dolphin Cove traded 24,218 units at $11.60, General Accident traded with the loss of 4 cents at $2.06, with 3,400 shares changing hands, Honey Bun gained 10 cents to close at $5.80 with 34,568 units changing hand. Iron Rock Insurance closed at $3.20 with 59,000 units changing hands, Jamaican Teas ended with 96,271 shares but lost 40 cents to close at $3.40, JM Trdng Sht-24-16Jetcon Corporation closed trading with 138,928 shares, to end at $2.65, Lasco Distributors traded 67,216 units to end with a loss of 30 cents, at $7.50. Lasco Financial closed with a fall of 5 cents at $3.39, with 321,690 shares changing hands, Lasco Manufacturing lost 1 cent to close at $5 with 810,020 shares trading, Medical Disposables traded 11,500 shares to close at $3.50 after shedding 10 cents, Derrimon Trading 11.75% preference share traded 46,155 units but lost 6 cents to close at a 52 weeks’ low of $2.08.