Juniors move higher again – Thursday

Jamaican Teas closed at a new all time high of $5 on Thursday.

Jamaican Teas closed at a new all time high of $5 on Thursday.

Iron Rock Insurance traded 521,013 shares at a new high of $4.40 after rising by 37 cents at the close but traded as high as $4.51 for a record high, Jamaican Teas and Knutsford Express also traded at new record highs on Thursday. The junior market enjoyed another day of a rising index at the close on Thursday with a small gain of 3.12 points to end at 1,981.44.
There were two stocks closing at 52 weeks’ high at the close. The market ended with 14 securities trading, 6 of which declined and 5 advancing and 1,654,174 units changing hands, valued at $16,966,569.
At the close, 1 security ended with no bid and 6 securities had no stocks being offered for sale. There were 3 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
In trading, Access Financial traded 762,000 in one block as a cross at $16.51 for a loss of 49 cents, AMG Packaging gained 2 cents with 2,424 units changing hands, to close at $11.42, Blue Power traded 11,700 shares at $11, Consolidated Bakeries ended with 2,047 shares trading at $1.48. General Accident closed with 24,248 shares but lost 40 cents at $2.40, Honey Bun traded 37,500 units at $13.49 after gaining 41 cents, JM sum 17-03-16Jamaican Teas closed at a new high of $5 after the split of the issued stock into 2 shares, 14,100 units traded to record a gain of $1.15 for the day. Knutsford Express closed at a new 52 weeks’ high of $22 with 640 units changing hands, Lasco Distributors closed with 139,820 units trading with a loss of 23 cents at $5.76, Lasco Financial ended at $3 with 78,381 shares changing hands with a 10 cents loss. Lasco Manufacturing ended with 50,927 shares changing hands to close at $3.81 with a fall of 19 cents, Paramount Trading ended with just 718 units changing hands at $11.31 and tTech fell by 5 cents to close at $4.20 with 8,656 units changing hands.

Juniors move higher again – Wednesday

Iron Rock enjoying a dream debut on the junior market.

Iron Rock enjoying a dream debut on the junior market.

Iron Rock Insurance traded 918,529 shares at a new high of $4.03 after rising 48 cents and is up more than a third from the initial public offer price. The junior market enjoyed another day of a rising index at the close on Wednesday with gains of 17.52 points were added to end at 1,978.32.
There were two stocks closing at 52 weeks’ high at the close. The market ended with 14 securities trading, 5 of which declined and 7 advancing and 1,165,571 units changing hands, valued at $5,235,064.
At the close, 1 security ended with no bid and 6 securities had no stocks being offered for sale. There were 4 stocks closing with bids that were higher than their last selling prices and 5 ended with lower offers.
In trading, AMG Packaging gained 10 cents with 22,453 units changing hands, to close at $11.40, CAC2000 traded 1,200 shares at $7.50 after adding 15 cents, Caribbean Cream traded just 100 shares and gained 25 cents to end at $4.06, Caribbean Flavours lost 50 cents to close at $8 while trading 30,800 units. Consolidated Bakeries ended with 3,950 shares trading with a loss of 2 cents at $1.48, General Accident closed with only 500 shares being active at $2.80, JM sum 16-03-16Honey Bun traded 18,560 units at $13.08 after shedding 52 cents. Knutsford Express closed at $20 with 214 units changing hands, Jamaican Teas did not trade after the stock was adjusted for the a 2 for 1 stock split on Tuesday, but had a bid to but 500 units at $4.20 at the close. Lasco Distributors closed with 60,500 units trading with a loss of 1 cent at $5.99, Lasco Financial ended at $3.10 with 35,483 shares changing hands with a 9 cents gain, Lasco Manufacturing ended with 55,705 shares changing hands to close at $4 with a gain of 50 cents. tTech fell by 25 cents to close at $4.25 with 1,007 units changing hands and Eppley 9.5% preference shares traded 16,600 units at $6.10 after rising by 10 cents.

Juniors move higher again – Tuesday

Iron RockThe junior market welcomed one new listing, bringing the total to 30, with the commencement of trading today of Iron Rock Insurance. The market enjoyed another day of a rising index at the close on Tuesday as 46.03 points were added to end at 1,960.80. There were two stocks closing at 52 weeks’ high at the close.
The market ended with 13 securities trading, 5 of which declined and 4 advancing and 310,507 units changing hands, valued at $1,653,369.
At the close, 1 security ended with no bid and 5 securities had no stocks being offered for sale. There were 5 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
In trading, AMG Packaging gained 15 cents with 9,400 units changing hands, to close at $11.30, Cargo Handlers traded 126 shares at a new 52 weeks’ high of $43, after adding $2.70, Caribbean Cream traded 25,400 shares, the price slipped by 25 cents and ended at $3.81, Dolphin Cove lost 1 cent to end with 1,000 shares trading at $15.29. General Accident closed with only 5,246 shares being active and gained 10 cents to end at $2.80, Honey Bun traded 20,660 units at $13.60 after shedding 40 cents, JM sum 15-03-16Iron Rock traded for the first time since its initial public offering early March and gained 55 cents to close at a 52 weeks’ high of $3.55, with 11,000 units changing hands. Knutsford Express gained $1to close at a 52 weeks’ high of $20 with 909 units changing hands, Jamaican Teas did not trade after the stock was adjusted for the a 2 for 1 stock split today. Lasco Distributors closed with 67,515 units trading to end at $6, Lasco Financial ended at $3.01 with 23,500 shares changing hands, Lasco Manufacturing ended with 129,251 shares changing hands to close at 3.50. Paramount Trading ended with 3,500 units changing hands at $11.31 after falling by 34 cents and tTech closed at $4.50 with 13,000 units changing hands.

Juniors inch higher – Monday

JSE sign shrtThe junior market rose Monday but with declining stocks being just ahead of advancing ones. The market ended with a gain of 27.76 points to close at 1,914.73 on Monday.
The market ended with 11 securities trading, 5 of which declined and 4 advancing and 811,127 units changing hands, valued at $3,604,853.
The decline in the market seems over with IC bid offer indicator pointing to rising prices ahead on Monday. At the close, 1 security ended with no bid and only 6 securities had no stocks being offered for sale. There were 4 stocks closing with bids that were higher than their last selling prices and 1 ended with lower offer.
In trading, AMG Packaging lost 35 cents with 14,101 units changing hands, to close at $11.15, Caribbean Cream traded 117,959 shares, the price slipped by 4 cents and ended at $4.06, Caribbean Producers lost 35 cents to end with 102,139 shares trading at $4.15. General Accident JM sum 14-03-16 closed with only 9,000 shares being active but gained 1 cent to end at $2.70, Honey Bun traded 13,054 units at $14 after shedding 61 cents. Jamaican Teas gained 20 cents in closing at $7.70 with 2,801 shares changing hands. Lasco Distributors closed with 121,420 units trading to end at $6, Lasco Financial fell by 9 cents to end at $3.01 with 90,849 shares changing hands, Lasco Manufacturing ended with 223,804 shares changing hands to close at $3.50. Sweet River ended with 11,000 units changing hands at $4.02 after rising 2 cents for a 52 weeks’ high and tTech closed with a gain of 25 cents at $4.50 with 105,000 units changing hands.

Juniors 20% down from peak – Friday

Mayberry Investments made $2.3m from Lasco  Trades in 2 days.

Mayberry Investments made $2.3m from Lasco Trades in 2 days.

The junior market has fallen to its lowest point since 2,357.20 points at the close on January 12 this year. To the end of Friday the market lost 19.95 percent as it suffered the third day of losses. The highlight of the day was Lasco Manufacturing that had another high volume traded to close unchanged as Mayberry was involved in a cross for most of the shares that traded buying 8 million units for in house purposes at $3.20.
On Thursday Mayberry sold 7.82 million units of the stock from in house inventory, at $3.50 or better, pocketing a profit of $2.3 million as a result of the two days of trading in the stock.
The slippage in the price of Lasco Manufacturing was the main contributor the fall in the market index over the two days. The market suffered a third day of fall by dropping 24.68 points fall on Wednesday to end at 1,886.97. With only 7 securities trading, none declining and 4 advancing.
The market ended with 8,492,562 units changing hands, valued at $27,397,677 but with the exception trades for the three Lasco companies, volume was extremely low.
The decline in the market seems over with IC bid offer indicator pointing to rising prices ahead on Monday. At the close, 1 security ended with no bid and only 6 securities had no stocks being offered for sale. There were 9 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
In trading, AMG Packaging rose 35 cents with JM sum 11-03-16only 1,500 units changing hands to close at $11.50, Caribbean Cream traded 5,911 as the price rose 83 cents to end at $4.10, Consolidated Bakeries traded just 700 units to end at $1.50, Jamaican Teas gained 50 cents in closing at $7.50 with 5,500 shares changing hands. Lasco Distributors closed with 44,507 units trading to end at $6, Lasco Financial gained 5 cents to end at $3.10 with 161,804 shares changing hands and Lasco Manufacturing ended with 8,272,640 shares changing hands to close at $3.50.

Sharp drop for juniors – Thursday

Lasco's ICool. The stock traded 7.88M units on Thursday.

Lasco’s ICool. The stock traded 7.88M units on Thursday.

Lasco Manufacturing lost 55 cents and was the main company that hit the market index sharply down for the day. The market suffered a second day of sharp fall by dropping 53.88 points, adding to the 48.02 points fall on Wednesday to end at 1,911.65. With 12 securities trading, 5 declined and 2 advanced.
The market ended with 8,580,380 units changing hands, valued at $31,720,793 but with the exception trades for the two big Lasco companies, volume was very thin. At the close, 1 security ended with no bid and only 5 securities had no stocks being offered for sale. There were 5 stocks closing with bids that were higher than their last selling prices and none ended with a lower offer.
In trading, Access Financial Services ended with 3,448 units changing hands at $17 after falling by $3, AMG Packaging lost 25 cents with 2,255 units changing hands to close at $11.15, C2W Music had 9,000 shares trading to end at 43 cents. Caribbean Cream JM sum 10-03-16that fell $1.23 to $3.27 on Wednesday, did not trade on Thursday but ended with a bid to buy 5,911 units at $4. Caribbean Producers had 5,000 units changing hands to close at $4.50, Consolidated Bakeries traded 2,642 units to end at $1.50, General Accident gained 19 cents in closing at $2.69 with 150,999 shares changing hands, Honey Bun lost 39 cents in trading 2,800 shares to close at $14.61. Lasco Distributors closed with 490,999 units trading to end at $6, Lasco Financial gained 4 cents to end at $3.05 with 24,700 shares changing hands, Lasco Manufacturing ended 55 cents lower in trading 7,880,027 shares to close at $3.50 and tTech traded 7,510 shares to close at $4.25.

Recovery of juniors continue on Tuesday

Knutsford Express traded at a new all-time high of $19 on Tuesday.

Knutsford Express traded at a new all-time high of $19 on Tuesday.

The junior market closed on Tuesday with advancing stocks having the upper hand on decliners, with low volume of stocks changing hands but with a heighted number of securities being active. The market rose 14.37 points to end at 2,013.55 with 16 securities trading of which 5 declined and 7 advanced.
The market ended with 1,497,753 units changing hands, valued at $7,035,386 and with 1 stock closing at a 52 weeks’ high and one at an intraday high. At the close, 1 security ended with no bid and only 3 securities had no stocks being offered for sale. There were 3 stocks closing with bids that were higher than their last selling prices and none ended with lower offers.
In trading, Access Financial Services traded at an intraday 52 weeks’ high of $21, but fell back to close at $20.20 with 3,900 units changing hands. AMG Packaging had 4,840 units changing hands for a loss of 60 cents, to close at $11.40, Caribbean Cream gained 42 cents to close at $4.50 with 38,200 units trading, Carib Flavours had 1,873 units changing hands at $8.60. Caribbean Producers had 30,000 units changing hands to close with a loss of 5 cents at $4.50, Consolidated Bakeries traded 59,000 units but lost 9 cents to end at $1.50, Derrimon Trading ended with a gain of 30 cents to close at $4.80 while trading just 2,000 units.JM sum 08-03-16 General Accident gained 20 cents in closing at $2.80 with 21,910 shares changing hands, Honey Bun traded 21,041 shares to close at $14, Jamaican Teas rose 20 cents and ended with 176 units changing hands at $7, Knutsford Express traded 1,000 shares and gained 49 cents to close at a 52 weeks’ high of $19. Lasco Distributors closed with 651,257 units trading to end 40 cents higher at $6, Lasco Financial fell 7 cents to end at $2.95 with 53,279 shares changing hands, Lasco Manufacturing ended 10 cents higher in trading 271,206 shares to close at $4.10, tTech lost 25 cents in trading 10,971 shares to close at $4.25 and Derrimon Trading 11.75% preference share traded 327,100 units at $2.16 after adding 1 cent.

Juniors treading water- Wednesday

Lasco Distributors with responsibility to distribute "I Cool" drink, traded the most shares on Wednesday

Lasco Distributors with responsibility to distribute “I Cool” drink, traded the most shares on Wednesday

The junior market eked out a meagre loss on Wednesday with declining stocks exceeding advancing ones by a narrow margin. The market fell 4.94 points to end at 1,943.05 with 12 securities trading of which 4 declined and 3 advanced. The market ended with 2,441,383 units changing hands, valued at $12,192,475.
At the close, 1 security ended with no bid and 7 securities had no stocks being offered for sale. There were 6 stocks closing with bids that were higher than their last selling prices and 5 ended with lower offers.
In trading, Access Financial trading firm with 9,776 units to close at $16.50, AMG Packaging fell 10 cents with 2,270 units changing hands, to end at $13, Caribbean Flavours end trading with 2,000 shares to close at $8.60. JM sum 02-03-16Caribbean Producers had 10,577 units changing hands to close with a gain of 20 cents at $4.80, Consolidated Bakeries traded 100 units to close with a gain of 20 cents at $1.60, General Accident traded 11,484 units but fell 20 cents to end at $2.80. Honey Bun traded 39,099 shares to close at $14, Jamaican Teas lost 60 cents and ended with 36,398 units changing hands at $7, Lasco Distributors closed with 1,209,662 units trading, to end at $5.50. Lasco Financial rose by 10 cents and ended at $3.20 with 30,096 shares changing hands, Lasco Manufacturing ended trading with 1,077,383 shares to close at $4 and tTech traded 12,538 shares to close with a loss of 6 cents at $4.61.

Flat trading for juniors – Tuesday

General Accident closed at a new 52 weeks' high on Tuesday

General Accident closed at a new 52 weeks’ high on Tuesday

The junior market eked out a meagre gain on Tuesday although declining stocks exceeded advancing ones by a wide margin. The market gained a mere 0.08 points to end at 1,947.99 with 13 securities trading of which 8 declined and 4 advanced, including 1 of that traded at a 52 weeks’ high. The market ended with 534,537 units changing hands, valued at $3,813,759.
At the close, 2 securities ended with no bid and 6 securities had no stocks being offered for sale. There were 7 stocks closing with bids that were higher than their last selling prices and 2 ended with lower offers.
In trading, Access Financial declined by $1 in trading 2,550 units to close at $16.50, Blue Power rose by $1.70 with 188,655 units changing hands, to end at $11, after it posted profits of $25 million in the January quarter, $13 million more than the comparative period last year.  Caribbean Cream lost 52 cents while trading 1,000 shares to close at $3.73. Caribbean Producers had 9,352 units changing hands to close a gain of 5 cents at $4.60, Consolidated Bakeries traded 16,000 units to close with a loss of 10 cents at $1.40, General Accident traded 5,000 units at a 52 weeks’ high of $3 with a gain of 20 cents.JM sum 01-03-16 Honey Bun traded 27,600 shares to gain 20 cents and close at $14, Jamaican Teas lost 10 cents and ended with 2,484 units changing hands at $7.60, KLE Group closed at $1.90 with 32,420 shares changing hands with a loss of 30 cents. Lasco Distributors closed with 108,550 units trading, to end at $5.50, Lasco Financial ended at $3.10 with 22,622 shares changing hands, after falling by 13 cents, Lasco Manufacturing ended trading with 118,104 shares and lost 10 cents to close at $4 and tTech traded 200 shares to close with a loss of 18 cents at $4.67.

Juniors drop 16% from peak on Thursday

Honey Bun closed at a new 52 weeks' high on Thursday

Honey Bun closed at a new 52 weeks’ high on Thursday

The junior market lost much ground on Thursday, slashing 16 percent off its January high, as the heavy weighted Lasco Distributors dropped 15 percent in a shortened trading session, as the market closed early on election day.
Declining stocks beat out advancing ones 6 to 4 advancing leading to a big fall of 4.65 percent in the junior market index as a huge 96.48 points was slashed to end at 1,978.64. A total of 12 securities traded, 1 of which ended at a 52 weeks’ high. The market ended with 2,076,968 units changing hands, valued at $12,398,257. At the close, 2 securities ended with no bids and 8 securities had no stocks being offered for sale. There were 6 stocks closing with bids that were higher than their last selling prices and 1 ended with a lower offer.
In trading, Access Financial fell $1.50 while trading 1,426 units to close at $18, Caribbean Cream declined by 35 cents while trading 26,900 shares to close at $3.80, Caribbean Flavours closed with 6,586 units changing hands but fell 10 cents to $8.60, Caribbean Producers lost 10 cents with 67,954 units changing hands, to close at $5. JM Trd 25-02-16Consolidated Bakeries dropped 22 cents in trading 10,000 shares at $1.40, Dolphin Cove traded 3,100 shares at $15.62, to record an increase of 1 cent, Honey Bun gained 22 cents to close at a 52 weeks’ high of $14 with 408,083 units changing hands, Jamaican Teas traded 41,562 shares with the price remaining unchanged at $7.70. KLE Group closed with 47,759 shares changing hands at $2.50. Lasco Distributors closed with 204,850 units trading to end at $5.95 for a loss of $1.05, Lasco Financial gained 25 cents to end at $3.20 with 433,175 shares changing hands, Lasco Manufacturing ended trading with 825,573 shares and gained 10 cents to close at $3.95.