Record close for juniors on Tuesday

October 6, 2015 by

Lasco Manufacturing New factory. The company's stock closed at a new all-time high of $2.50 on Tuesday

Lasco Manufacturing New factory. The company’s stock closed at a new all-time high of $2.50 on Tuesday

The junior market closed on Tuesday at the highest level ever for the index which gained 20.12 points to end at 1,044.15, thus exceeding the previous record close of 1,040.59 points it closed at on 11th of August 2015. A total of 6 stocks advanced, 3 declining as 9 securities traded while there were three new all-time highs at the close. The market ended with 1,240,633 units, valued at $1,770,254 changing hands.
At the close 4 securities ended with no bids to buy, while 8 had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, Access Financial lost 50 cents and closed at $12.50, with 1,000 units changing hands, Caribbean Cream traded to close at a new all-time high of $2.55 with 50,329 shares changing hands, after gaining 50 cents. Consolidated Bakeries rose 2 cents in trading >962,162 shares at $1.10, after adding 8 cents,JM - Trade sht 6-10-15r General Accident Insurance ended with 1,000 units changing hands at $1.55, in the process the stock gained 5 cents. Honey Bun closed at a new high of $5 for a gain of 72 cents with 7,600 shares trading, Jamaican Teas traded 46,043 shares to end with a loss of 2 cents at $3.20, Lasco Distributors with 80,390 units trading, ended 1 cent down to $1.96. Lasco Financial had only 500 shares changing hands to end at $1.80 and added 5 cents and Lasco Manufacturing traded 91,609 shares to end at a new high of $2.50 after gaining 29 cents.

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Juniors gained modestly on Monday

October 5, 2015 by

Lasco products - demand for the company's stock is rising & supply falling.

Lasco products – demand for the company’s stock is rising & supply falling.

The junior market closed on Monday with the index gaining 6.65 points to end at 1,024.03, just 16.48 points away from a new record close which could be reached and exceeded on Tuesday, based on the quotes for a number of stocks with demand exceeded supply for them. A total of 5 stocks advanced, 2 declining as 9 securities traded. The market ended with 589,811 units, valued at $831,571 changing hands.
At the close 4 securities ended with no bids to buy, while 7 had no stocks being offered for sale. A total of 6 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, Access Financial closed at $13, with 3,533 units changing hands, Caribbean Cream did not trade, but had a bid above the last traded price of $2.05 on Friday, to buy 20,000 units at $2.35. Caribbean Flavours gained 15 cents in trading 1,666 units at $2.85, Caribbean Producers traded 11,184 units at $2.35, for a 5 cents gain, Consolidated Bakeries rose 2 cents in trading 3,333 shares at $1.02, General Accident Insurance ended with 2,011 units changing hands at $1.50, in the process the stock price lost 1 cent. Jamaican Teas traded 1,000 shares to end with a gain of 22 cents at $3.22, JM - Trade sht 5-10-15KLE Group had 228,390 units trading, at a new low of 43 cents, after losing 7 cents. The stock remains weak at the close, with 287,274 units on offer at 43 cents and no buyers posting bids, Lasco Distributors with 187,793 units trading, ended with a gain of 2 cents to $1.97. Lasco Financial had 140,901 shares changing hands to end at $1.75 for a fall of 15 cents. Lasco Manufacturing did not trade and ended with an offer to sell 500,000 units at $3 and a bid to buy just 2,204 units at $2.30 which is above the last traded price on Friday of $2.21.

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Juniors make major gains on Friday

October 2, 2015 by

Lasco's hot "I Cool" drink helped propel the stock to a new record close on Friday.

Lasco’s hot “I Cool” drink helped propel the stock to a new record close on Friday.

The junior market closed on Friday with the index jumping by 31.29 points back over 1,000 mark at 1,017.38 and a total of 4 stocks advancing, 4 declining as 8 securities traded. The market ended with 949,893 units, valued at $1,986,436 changing hands. Shortage of supply and increased demand for a number of stocks, prevented a more robust trading level for this market.
At the close 3 securities ended with no bids to buy, while 8 had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
In trading, Access Financial closed at $13 with 2,732 units changing hands, to gain 50 cents, Caribbean Cream traded just 10,000 units with a gain of 30 cents at $2.05, General Accident Insurance ended with 71,624 units changing hands at $1.50, in the process lost 1 cent. JM - Trade sht 2-10-15Jamaican Teas traded 1,860 units to end at $3 with a loss of 14 cents, Lasco Distributors with 459,421 units trading, ended with a loss of 5 cents at $1.95. Lasco Financial had 27,130 shares changing hands to end at $1.90, for a gain of 1 cents, Lasco Manufacturing with 357,626 shares trading, closed at a 52 weeks’ high of $2.21, with a gain of 18 cents and Medical Disposables ended with 19,500 shares changing hands to end at $2.45 with a loss of 5 cents.
Supply have declined sharply for Caribbean Cream and Lasco Manufacturing, with offers now well above the last traded prices with demand above $1.90 for Caribbean Cream and over $2 for Lasco Manufacturing.

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Juniors gained slightly on Thursday

October 1, 2015 by

JSE sign shrt The junior market closed on Thursday with the index gaining 5.77 points to 986.09 and a total of 4 stocks advancing, 2 declining as 10 securities traded. The market ended with 991,037 units, valued at $2,047,066 changing hands.
At the close 3 securities ended with no bids to buy, while 8 had no stocks being offered for sale. A total of 6 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
In trading, AMG Packaging closed at $3.65 with 2,114 units changing hands, Caribbean Producers traded just 111,550 units with a loss of 5 cents at $2.30, Dolphin Cove closed with 4,144 units at $11.50, General Accident Insurance ended with 21,000 units changing hands at $1.51, in the process added 1 cent. Honey Bun with 6,383 shares changing hands, closed unchanged at $4.28, Jamaican Teas traded 5,211 units to end at $3.14 but after adding 4 cents, Lasco Distributors with 47,960 units trading, ended unchanged at $2. Lasco Financial had 221,300 shares changing hands to end at $1.79, for a gain of 18 cents, JM - Trade sht 1-10-15Lasco Manufacturing with 569,558 shares trading, closed at $2.03, with a gain of 2 cents and Paramount Trading ended with 1,817 shares changing hands to end at $6 with a gain of 10 cents.
Strong buying has come in for Lasco Manufacturing with at least 1.8 million units on the bid at $2 to $2.17 and at $1.90 are 536,000 units with only two offers on the board presently for $2.40 and at $2.80. Caribbean Cream has also seen increased buying interest with more than 1.6 million units on the bid to buy at $1.80 to $1.86, supply so far is at $2.05.

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Juniors slip with 2 stocks up 2 down

September 30, 2015 by

The junior market closed on Wednesday with the index slipping by just 0.63 points to 980.32 and a total of 2 stocks advancing, 2 declining as 7 securities traded. The market ended with 1,114,636 units, valued at $2,408,864 changing hands.
JM - Trade Sht 30-9-15At the close 4 securities ended with no bids to buy, while 8 had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
In trading, General Accident Insurance ended with 54,405 units changing hands at $1.50, in the process added 3 cents. Honey Bun with 19,883 shares changing hands, closed unchanged at $4.28, Jamaican Teas traded 54,925 units to end at $3.10 but after losing 12 cents. Lasco Distributors with 146,290 units trading, ended with unchanged at $2, Lasco Financial had 3,850 shares changing hands, ended at $1.61, Lasco Manufacturing with 335,283 shares trading, closed at $2.05 with a gain of 5 cents and Derrimon Trading preference share ended with 500,000 shares changing hands to end at $2.20 down 5 cents.

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Juniors move up on Tuesday

September 29, 2015 by

stocks The junior market closed on Tuesday with the index rising 12.09 points to 980.95 and a total of 4 stocks advancing, 4 declining as 12 securities traded. The market ended with 241,772 units, valued at $747,229 changing hands.
At the close 4 securities ended with no bids to buy, while 9 had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
In trading, AMG Packaging closed at $3.65, with 5,100 units changing hands, Blue Power traded 2,000 shares and lost 50 cents to close at $13.20, Consolidated Bakeries traded 40,000 shares and declined by 20 cents to end at $1. General Accident Insurance traded 20228 units at $1.47 in the process lost 3 cents. Honey Bun with 26,827 shares changing JM - Trade Sht 29-9-15hands and closed unchanged at $4.28, Jamaican Teas traded 500 units at $3.22 and added 2 cents, Lasco Distributors with 17,240 units trading, ended with a unchanged at $2, Lasco Financial had 46,336 shares changing hands, ended at $1.61 after losing 14 cents. Lasco Manufacturing with 25,350 shares trading, closed at $2 with a gain of 1 cent, Paramount Trading ended with 16,782 shares changing hands and gained 9 cents to be at $5.90, Eppley cumulative preference share 2019, ended with 8,209 units changing hands, 2 cents higher, at $6.07 and Eppley 9.5% preference share, ended with 33,200 units changing hands at $6.01.

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Juniors inched up on Monday

September 28, 2015 by

The junior market ended on Monday with the index rising 3.35 points to 968.86 and a total of 4 stocks advancing, 3 declining as 8 securities traded. The market ended with 798,223 units, valued at $1,792,306 changing hands.
At the close 3 securities ended with no bids to buy, while 9 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and 3 closed with lower offers.
In trading, AMG Packaging JM - Trade Sht 28-9-15closed with a gain of 5 cents to reach $3.65, with 500 units changing hands, Caribbean Cream traded 540,000 shares and lost 5 cents to close at $1.75, Caribbean Producers traded 25,301 shares at $2.35 by gaining 5 cents. Jamaican Teas traded 8,000 units at $3.20 by slipping 30 cents, Lasco Distributors closed with 201,388 units trading and ended with a gain of 16 cents at $2, Lasco Financial with 20,350 shares changing hands ended at $1.75 after losing 5 cents. Lasco Manufacturing with 1,684 shares trading closed at $1.99 with a gain of 4 cents, and Derrimon Trading preference share ended with 1,000 shares changing hands to end 2 cents higher at $2.25.

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Carib Producers dominates juniors – Friday

September 18, 2015 by

CPJ dominates junior market trading

CPJ dominates junior market trading

The junior market ended on Friday with Caribbean Producers trading over 2 million shares to be the dominant trade. The market closed with the index barely rising with just 0.61 points to close at 957.86 as the prices of 3 stocks advanced and 2 declined with a total of 11 securities trading. The market ended with 3,428,036 units, valued at $7,336,878 changing hands.
At the close, there are signs that the supply of junior market stocks is on the decline with demand slowly rising, indicators that prices should be rising for a number of stocks while those declining should be less. The market ended with 4 securities with no bids to buy, while 8 had no stocks being offered for sale. A total of 6 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
Stocks trading are, Access Financial with 1,545 shares changing hands at $12.50 while gaining 30 cents, Caribbean Cream ending with 60,000 shares changing hands at $1.67 to gain JM - Trade Sht 18-9-152 cents, Caribbean Producers trading 2,169,800 units to close at $2.35, Consolidated Bakeries traded 2,000 shares at $1.20 Derrimon Trading ended with 32,000 shares changing hands, to end at $2.30. Dolphin Cove trading 6,556 units at $11.50. General Accident trading 38,054 shares to end at $1.45, Jamaican Teas with 46,241 shares trading, to close at $3.50, Lasco Financial ended with 990,914 shares changing hands for a decline of 10 cents to $1.60, Lasco Manufacturing fell 4 cents with 80,726 shares trading at $1.96 and Paramount Trading gained 25 cents in trading 200 units in ending at $6.

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Junior market gains on Monday

September 14, 2015 by

JSE sign Trading on Monday ended with just 1,004,842 units, valued at $1,877,894 changing hands from a total of 7 securities that traded. The prices of 3 stocks advanced 2 declined with the junior market index rising 11.47 points to close at 966.38.
At the close, 3 securities ended with no bids to buy, while 8 had no stocks being offered for sale and 3 stocks closed with bids higher than the last traded prices and 2 closed with a lower offer.
Stocks trading are, Access Financial traded 2,500 shares to close with a 2 cents fall to $12, Caribbean Producers lost 10 cents with 66,153 shares changing hands at $2.40, Dolphin Cove JM - Trade 14-9-15traded just 204 shares to end at $12.25, General Accident Insurance had 206,820 shares changing hands at $1.45 for a 5 cents gain. Jamaican Teas had 20,715 shares trading to close at $3.50, Lasco Distributors closed with 89,124 units changing hands at $1.95 to gain 5 cents, Lasco Financial ended with 1,500 shares changing hands at $1.75, for a fall of 5 cents and Lasco Manufacturing had 620,326 units changing hands at $1.90, to gain 10 cents.

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4 junior stocks gained on Monday

September 7, 2015 by

JSE sign Trading on Monday ended with just 579,620 units, valued at $1,142,688 changing hands from a total of only 8 securities that traded. The price of 1 stock declined and 4 advanced with the junior market index adding 3.46 points to close at 970.44.
At the close, 5 securities ended with no bids to buy, while 6 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and none closed with lower offers.
Stocks trading are, Caribbean Cream ended with 240,000 shares changing hands at $1.75 to gain 5 cents, Consolidated Bakeries traded 5,000 shares at $1.20, Dolphin Cove closed with JM - Trade 7-9-151,000 shares changing hands at $12.90, for a 38 cents gain, Honey Bun traded 41,352 units at $3.98, Jamaican Teas had 4,436 shares changing hands at $3.50. Lasco Distributors closed with 9,645 units trading and ended with a gain of 7 cents at $1.87, Lasco Financial ended with 10,403 shares changing hands at $1.85 lost 2 cents and Lasco Manufacturing closed with 266,784 units trading, ended with a gain of 1 cent to end at $1.81.

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