
Honey Bun hits a new 52 weeks’ high of $6 on Monday
The severely undervalued Junior Market of the Jamaica Stock Exchange closed with another high double-digit gain on Monday, similar to Friday’s strong advance, with the index rising 41.06 points to close at 3,118.29.
At the close of market activities, 30 securities changed hands, compared to 26 on Friday, resulting in prices of 11 securities advancing, 9 declining and 10 remaining unchanged.
Trading resulted in an exchange of 2,781,261 units valued at $12,194,821 compared to 2,959,240 units valued at $11,853,904 changing hands on Friday.
Trading ended with an average of 92,709 units for an average of $406,494 in contrast to 113,817 units for an average of $455,919 on Friday. In contrast, April closed with an average of 81,626 units for an average of $311,248 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows just one stock ending with the bid higher than the last selling price and six with lower offers.
At the close of the market, Access Financial closed at $43.20, with 62,942 shares changing hands, AMG Packaging exchanged of 28,190 stock units and ended at $2, Cargo Handlers settled 7 cents higher at $9.32, with 2,000 shares crossing the exchange, Caribbean Producers finished trading 13,156 units and rose 50 cents to close at $4.80. Consolidated Bakeries closed at $2, in exchanging 25,500 shares, Derrimon Trading ended 5 cents higher at $2.95, with 3,180 shares changing hands, Dolphin Cove concluded trading of 12,363 shares, with a loss of 5 cents to close at $12, Everything Fresh settled 4 cents higher at $1.51, with an exchange of 2,543 units. Elite Diagnostic ended trading with a loss of 20 cents at $3.80, with 900 shares changing hands, Express Catering traded 6,817 shares with a loss of 70 cents at $6.80, Fontana closed 5 cents higher at $4.35, with 96,033 stock units changing hands, FosRich Group closed with 11,793 shares trading and rose 20 cents higher to $4.95. General Accident ended at $4.20, with an exchange of 639,889 units, GWest Corporation concluded trading of 17,800 shares, with a loss of 5 cents in closing at $1.26, Honey Bun jumped $1.01 higher at 52 weeks’ high of $6, with an exchange of 200,330 shares, iCreate settled at 80 cents, with 15,600 shares changing hands. Indies Pharma ended trading with 62,418 stock units and gained 15 cents to close at $3.30, Iron Rock traded 34 cents higher at $3.84, with an exchange of 693 units, Jamaican Teas closed with a loss of 7 cents at $4.18, with 11,721 shares crossing the exchange. Jetcon Corporation ended with a loss of 4 cents at $1.86, with 1,030,857 shares changing hands, KLE Group closed at $2, with an exchange of 56,500 units,
Knutsford Express settled with a loss of 70 cents at $11.80, with 27,000 shares changing hands, Lasco Distributors ended trading of 51,000 shares and gained 10 cents to close at $3.65. Lasco Financial traded 75,384 shares with a loss of 26 cents to finish at $4.74, Lasco Manufacturing finished trading with 269,970 stock units to close at $3.85, Main Event closed at $5.35, with 6,778 units changing hands. Medical Disposables ended $2.50 higher at $8, with an exchange of 17,700 shares, Paramount Trading concluded trading of 11,930 shares at $2.10 and Stationery and Office Supplies settled at $9.04, in trading 19,909 stock units. In the Junior Market preference segment, CAC 2000 closed with a loss of 20 cents at $1.10, with 365 shares changing hands.
Prices of securities trading are those at which the last trade took place.


Lasco Distributors ended trading of 398,051 shares with a loss of 15 cents to close at $3.55. Lasco Financial traded 84,397 shares at $5, Lasco Manufacturing jumped 60 cents to close at $3.85 trading 1,348,820 stock units, as investors responded strongly to the company’s improved 2019 profit results. SSL Venture Capital finished 4 cents higher at $1.65, with 6,886 shares crossing the exchange, Stationery and Office settled at $9.04, with 5,000 stock units changing hands and tTech traded 17,112 shares with a loss of 1 cent at $5.70. In the junior market preference segment, CAC 2000 closed 15 cents higher at a 52 weeks’ high of $1.30, with 500 shares changing hands.
The Junior Market index advanced 9.59 points to close at 3,036.03 on Thursday, but with advancing stocks lagging those declining as the dollar value of trading jumping sharply by 235 percent and volume by 357 percent. 
Knutsford Express dived $1.40 to close at $10.90, trading 500 shares, Lasco Distributors ended trading 260,827 shares at $3.70. Lasco Financial traded 17,682 shares and garnered 14 cents to close at $5, Lasco Manufacturing fell by 25 cents to end at $3.25, with an exchange of 17,700 stock units, Main Event closed 14 cents higher at $5.35, with 20,965 units changing hands, Medical Disposables ended with a loss of $1.35 at $5.50, with 25,000 shares trading. Paramount Trading concluded trading with 13,746 shares, at $2.10, SSL Venture Capital finished at $1.61, with an exchange of 5,215 shares, Stationery and Office settled with a loss of 46 cents at $9.04, with 21,200 stock units changing hands and tTech traded 22,000 shares with a loss of 2 cents to close at $5.71.

Jetcon Corporation ended 15 cents higher at $2, with an exchange of 8,565 shares, Key Insurance concluded trading with 5,000 stock units at $3.35. Knutsford Express settled at $12.30, with an exchange of 105 shares, Lasco Distributors ended trading of 158,443 shares with a loss of 10 cents in closing at $3.70, Lasco Financial exchanged 10,500 shares and rose 1 cent to $4.86, Lasco Manufacturing concluded trading of 110,603 stock units and rose 45 cents to close at $3.50. Main Event closed at $5.21, with 6,836 units trading, Stationery and Office added 42 cents in closing at $9.50, with an exchange of 75,974 stock units and tTech traded 38,213 shares after rising 2 cents to end at $5.73.
The Junior Market index declined 17.43 points to close at 3,021.67 on Tuesday, but with advancing stocks beating out decliners by a ratio of three to two.
Jetcon Corporation ended with a loss of 8 cents at $1.85, in trading 8,199 shares, Knutsford Express settled 40 cents higher at $12.30, with an exchange of 4,434 shares, Lasco Distributors ended trading 41,367 shares at $3.80. Lasco Financial traded 327,301 shares after rising 15 cents to close at $4.85, Lasco Manufacturing closed 5 cents higher at $3.05, with 6,014 stock units crossing the exchange, Main Event closed 11 cents higher at $5.21, with an exchange of 8,278 units. SSL Venture Capital finished with a loss of 9 cents at $1.61, with an exchange of 16,350 shares, Stationery and Office settled 4 cents higher at $9.08, while trading 3,000 stock units and tTech finished $5.71 higher at $5.71, with 2,965 shares changing hands.
The Junior Market index suffered a big drop of 99.56 points to close at 3,039.10 on Monday with the prices of Cargo Handlers, Caribbean Producers, Express Catering and Lasco Manufacturing ending with sizeable declines.
The average volume and value for the month to date amounts to 72,337 units for an average of $281,702 and previously, 72,405 units for an average of $278,724. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
Jamaican Teas closed with a loss of 14 cents at $4.55, with 1,895 shares changing hands, Jetcon Corporation ended with a loss of 2 cents at $1.93, exchanging 34,000 shares. KLE Group finished with a loss of 40 cents at a 52 weeks’ low of $2, trading 3,500 units, Knutsford Express settled at $11.90, trading 7,214 shares, Lasco Distributors ended trading 17,678 shares, at $3.80, Lasco Financial traded 12,311 shares and gained 1 cent to close at $4.70. Lasco Manufacturing finished trading 32,050 stock units with a loss of 43 cents to end at $3, Main Event closed at $5.10, with 74,133 units changing hands, Paramount Trading concluded trading of 2,400 shares at $2.10. SSL Venture Capital closed at $1.70, with 700 shares traded, Stationery and Office settled 3 cents higher at $9.04, with 362,457 stock units trading and tTech rose 1 cent to $6.09, with an exchange of 300 shares.
Investors pushed the Junior Market index up 10.21 points to close at 3,138.66 on Friday with the same number of advancing and declining stocks but with very low volume passing through the exchnage.
The average volume and value for the month to date amounts to 72,405 units for an average of $278,724 and previously, 75,993 units for an average of $292,574. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
iCreate lost 10 cents to close at 80 cents, with 102,553 shares traded, Indies Pharma ended trading 5,000 stock units with a gain of 2 cents to close at $3.08. Jamaican Teas closed 1 cent down at $4.69, after trading 200 shares, Jetcon Corporation ended at $1.95, with 12,200 shares changing hands, Key Insurance concluded trading of a mere 100 stock units with a loss of 55 cents at $3.35, Lasco Distributors added 5 cents and ended trading of 3,195 shares at $3.80. Lasco Financial rose 1 cent in trading 11,354 shares at $4.69, Lasco Manufacturing closed trading of 8,943 stock units at $3.43, Main Event lost 30 cents to close at $5.10, with an exchange of just 369 units and Stationery and Office settled 11 cents lower at $9.01, with an exchange of 24,912 stock units.
Investors pushed the Junior Market index up 29.96 points to close at 3,128.45 on Wednesday as advancing and declining stocks were virtually tied.
Key Insurance concluded trading of a mere 100 stock units with a loss of 55 cents at $3.35, KLE Group finished at $2.40, with an exchange of 100 units. Knutsford Express settled with a loss of 60 cents at $11.90, with 3,780 shares changing hands, Lasco Distributors ended trading with 58,015 shares at $3.75, Lasco Financial traded 19,462 shares at $4.68, Lasco Manufacturing finished trading 33,085 stock units with a loss of 7 cents at $3.43. Main Event lost 10 cents to close at $5.40, with an exchange of 102,070 units, Medical Disposables ended 5 cents higher at $6.85, trading 1,273 shares, SSL Venture Capital added 8 cents to end at $1.70, trading 331 shares, Stationery and Office settled 11 cents higher at $9.12, with an exchange of 93,450 stock units and tTech traded 500 shares and rose 38 cents to close at $6.08.
Iron Rock traded 843 units at $3.50,
The Jamaica Stock Exchange Junior Market index jumped sharply by 46.18 points to close at 3,118.75 on Monday as advancing stocks outpaced declining stocks by a ratio of 3 to 2.
Indies Pharma traded 61,820 stock units with a loss of 3 cents to end at $3.15. ISP Finance jumped $3.50 to $19.50, trading a mere 343 shares, Jamaican Teas closed 45 cents higher at $4.10, with 15,500 shares crossing the exchange, Jetcon Corporation ended 2 cents higher at $1.82, in exchanging 20,100 shares, Knutsford Express settled at $12.50, with 1,957 shares crossing the exchange. Lasco Distributors ended trading of 37,739 shares at $3.80, Lasco Financial exchanged 53,699 shares, 19 cents higher at $4.70, Lasco Manufacturing finished trading 10,150 stock units and rose 6 cents higher to $3.40, Main Event closed 44 cents higher at $5.50, with an exchange of 1,209 units. Stationery and Office settled with a loss of 49 cents at $9, with 140,452 stock units changing hands and tTech traded 574 shares and rose 30 cents to end at $5.60.