Juniors volume surge – Monday

JM Sign The junior market index lost 10.44 points to end at 2,416.30 on Monday as the prices of 5 stocks rose and 5 declined with 17 securities trading, compared with 14 on Friday. The movement in the junior market index left the gain for the year to date at 35 percent.
The volume of stocks traded jumped sharply on Monday by 1,865 percent from Friday’s level and ending with 3,446,347 units changing hands, valued at $15,863,525, up 1,928 percent from $782,192 on Friday.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
An average of 202,726 units with an average value of $933,149 traded, compared to 11,694 units with an average value of $52,146 on the preceding trading day. ICI Jm sum 28-11-16The average for the month to date is 113,520 units for an average of $633,167 compared to 52,146 units valued at $108,825 on Friday and 129,138 units with an average value of $709,705 for October.
Eppley ordinary stock split into 150 stock units for each one previously held is reflected in the price one junior market on Monday with the ex-stock split date being November 28. There was no trading in the stock by the close.
In trading activity, AMG Packaging dropped $2.20 and closed with 11,433 units changing hands to close at $18.75, Cargo Handlers traded 2,400 units at $12.50, Caribbean Cream closed with 5,769 shares changing hands and gained 25 cents to end at $7.25, Caribbean Producers rose 5 cents in trading 4,000 units at $3.45. Consolidated Bakeries lost 10 cents in trading 10,000 shares to close at $2.30, General Accident dropped 35 cents and closed trading with 113,300 units at $2.65, Honey Bun with 358,200 shares changing hands, closed at $5.50 after falling 10 cents. ICI Jm trds 28-11-16ISP Finance traded 28,623 shares to end at $8, Jamaican Teas traded 16,966 shares to close at $4.10, Jetcon Corporation closed with 149,100 units changing hands, 1 cent higher at $5.01, Key Insurance traded 21,100 shares with a rise of 15 cents to end at $2.50, Knutsford Express traded 750 units at $20. Lasco Distributors gained 20 cents with 8,000 shares changing hands, to close at $6.80, Lasco Financial rose 5 cents and ended with 202,636 shares changing hands at $3.20. Lasco Manufacturing closed with a loss of 1 cent at $4.69 with 2,507,570 shares changing hands, Paramount Trading with 5,000 units changing hands closed at $3.50 and tTech traded 1,500 shares but rose 50 cents to $5.50.

Juniors rise on low volumes – Friday

ISP Finance closed at a new high of $8 on the junior market on Friday.

ISP Finance closed at a new high of $8 on the junior market on Friday.

The junior market index rose 27.77 points to end at 2,426.74 on Friday as the prices of 2 stocks rose and 8 declined with 15 securities trading, compared with 14 on Thursday. The movement in the junior market index left the gain for the year to date at 35 percent.
The volume of stocks traded declined sharply on Friday by 83 percent from Thursday’s level and ending with 175,408 units changing hands, valued at $782,192, down 85 percent from $5,281,239 on Thursday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
ICI Jm sum 25-11-16An average of 11,694 units with an average value of $52,146 traded, compared to 72,603 units with an average value of $377,231 on the preceding trading day. The average for the month to date is 52,146 units for an average of $108,825 compared to 114,221 units valued at $648,781 on Thursday and 129,138 units with an average value of $709,705 for October.
In trading activity, Caribbean Cream closed with 6,000 shares changing hands and lost 14 cents to $7, Caribbean Producers lost 5 cents in trading 200 units at $3.40, C2W Music traded 4,047 units at 25 cents, General Accident gained 15 cents and closed trading with 16,852 units at $3, Honey Bun with 8,500 shares changing hands, closed at $5.60. ISP Finance traded just 200 shares to end at an all-time high of $8, Jamaican Teas traded 1,340 shares to close at $4.10, with a rise of 11 cents.ICI Jm trds 25-11-16Jetcon Corporation closed with 1,900 units changing hands at $5, Key Insurance traded 6,783 shares with a gain of 20 cents to end at $2.35, Knutsford Express traded 934 units at $20, Lasco Distributors gained 20 cents with 2,200 shares changing hands, to close at $6.80, Lasco Financial rose 5 cents and ended with 6,860 shares changing hands at $3.20. Lasco Manufacturing closed at $4.70 with 105,000 shares changing hands, Paramount Trading gaine 40 cents with 8,894 units changing hands to close at $3.50 and tTech traded 5,698 shares but fell 75 cents to $5.

Juniors fall with 2 stocks rising – Thursday

Stocks 2 The junior market index dropped 10.82 points to end at 2,398.97 on Thursday as the prices of 2 stocks rose and 8 declined with 4 securities trading, compared with 14 on Wednesday. The decline left the gain for the junior market index for the year to date to 34 percent.
The volume of stocks traded declining on Thursday by 15 percent from Wednesday’s level and ending with 1,016,439 units changing hands, valued at $5,281,239, up 26 percent from $7,108,043 on Wednesday.
Market activities ended with 6 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
An average of 72,603 units with an average value of $377,231 traded, compared to 133,184 units with an average value of $507,717 on the preceding trading day. ICI Jm sum 24-11-16The average for the month to date is 114,221 units for an average of $648,781 compared to 116,669 units valued at $664,754 on Wednesday and 129,138 units with an average value of $709,705 for October.
In trading activity, Access Financial Services traded 2,510 units to close at $20.50, Cargo Handlers rose 50 cents and closed with 3,000 units changing hands to close at $12.50, Caribbean Producers lost 5 cents in trading 11,500 units at $3.45, Derrimon Trading lost 12 cents in trading 42,482 shares to close at $4.88, General Accident fell by 30 cents and closed trading with 125,025 units at $2.85, Honey Bun with 222,321 shares changing hands lost 3 cents and closed at $5.60.ICI Jm trds 24-11-16 Iron Rock Insurance traded 11,556 shares to end at $3, Jamaican Teas traded 6,384 shares to close at $3.99, with a decline of 1 cent. Jetcon Corporation gave up 5 cents and closed with 17,188 units changing hands at $5, Knutsford Express traded 1,000 units at $20, Lasco Distributors fell by 1 cent with 271,146 shares changing hands, to close at $6.60, Lasco Financial ended with 14,900 shares changing hands at $3.15. Lasco Manufacturing lost 10 cents and closed at $4.70 with 272,227 shares changing hands, Paramount Trading gain 10 cents with 14,600 units changing hands to close at $3.10.

11 Junior market stocks rose – Wednesday

AMG Packaging jumped $2.44 in trading on the Junior market on Wednesday.

AMG Packaging jumped $2.44 in trading on the Junior market on Wednesday.

The junior market index inched up 2.11 points to end at 2,409.79 on Wednesday as the prices of 11 stocks rose and 3 declined with 14 securities trading, the same number as on Tuesday. The rise brought the gain for the junior market index for the year to date to 35 percent.
The volume of stocks traded rising on Wednesday with an increase by 765 percent from Tuesday’s level and ending with 1,864,578 units changing hands, valued at $7,108,043, up 651 percent from $946,789 on Tuesday.
Market activities ended with 2 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
An average of 133,184 units with an average value of $507,717 traded, compared to 16,500 units with an average value of $67,628 on the preceding trading day. The average for the month to date is 116,669 units ICI Jm sum 23-11-16r for an average of $664,754 compared to 115,706 units valued at $674,569 on Tuesday and 129,138 units with an average value of $709,705 for October.
In trading activity, Access Financial Services gained 42 cents in trading traded 5,000 units to close at $20.50, AMG Packaging rose $2.44 and closed with 835 units changing hands to close at $20.95, Caribbean Cream closed with 14,917 shares changing hands and lost 11 cents to $7.14. Caribbean Flavours traded 17,257 units to end at $8.50 with a gain of 10 cents, Caribbean Producers rose 2 cents in trading 3,000 units at $3.50, Consolidated Bakeries rose 10 cents in trading 7,000 shares to close at $2.40, Jamaican Teas traded 17,600 shares to close at $4, with a gain of 1 cent. Jetcon Corporation rose 15 cents and closed with 383,452 units changing hands at $5.05,ICI Jm trds 23-11-16 Lasco Distributors fell 29 cents with 258,830 shares changing hands, to close at $6.61, Lasco Financial gained 7 cents and ended with 20,000 shares changing hands at $3.15. Lasco Manufacturing rose 9 cents and closed at $4.80 with 55,087 shares changing hands, Medical Disposables rose 5 cents and ended with 19,500 units changing hands to close at $4.30, Paramount Trading lost 50 cents with 29,100 units changing hands to close at $3 and Derrimon Trading preference share, rose 24 cents ending with 1,033,000 units changing hands at a 52 weeks’ high of $2.49.

Junior market drops sharply – Tuesday

Paramount Trading dropped sharply on Tuesday to help pull the junior market down..

Paramount Trading dropped sharply on Tuesday to help pull the junior market down..

The junior market index fell sharply by 44.65 points to end at 2,407.68 on Tuesday as the prices of 6 stocks rose and 6 declined with 14 securities trading, up from 9 on Monday. The fall on Tuesday brought the gain for the junior market index for the year to date ended at 34 percent.
The volume of stocks traded dropped sharply on Tuesday with the volume rose moderately by 16 percent from Monday’s level and ending with just 215,605 units changing hands, valued at $946,789, down 25 percent from $1,256,517 on Monday.
Market activities ended with 8 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
An average of 16,500 units with an average value of $67,628 traded, compared to 20,615 units with an average value of $139,613 on the preceding trading day. The average for the month to date is 115,706 units for an average of $674,569 compared to 122,319 units valued at $715,032 on Monday and 129,138 units with an average value of $709,705 for October.
ICI Jm sum 22-11-16rvIn trading activity, Honey Bun with 14,554 shares changing hands, but rose 3 cents to end at $5.63, Iron Rock Insurance dropped $1.10 cents in trading 5,00 units to close at $3, ISP Finance rose 22 cents to end at an all-time high of $7.25 with just 2,000 shares changing hands, Jamaican Teas traded 2,900 shares to close at $3.99. Jetcon Corporation fell 30 cents and closed with 10,400 units changing hands at $4.90, KLE Group declined 5 cents and ended with 4,000 shares trading at $1.50, Knutsford Express lost $2 in trading 485 shares to close at $20, Lasco Distributors rose 40 cents with 26,785 shares changing hands, to close at $6.90.ICI Jm trds 22-11-16 Lasco Financial gained 8 cents and ended with 18,751 shares changing hands at $3.08, Lasco Manufacturing lost 9 cents and closed at $4.71 with 44,400 shares changing hands, Paramount Trading dropped 45 cents with 53,334 units changing hands to close at $3.50. tTech rose 55 cents and ended with 11,996 shares changing hands at $5.75, Derrimon Trading preference share rose 15 cents ending with 20,500 units changing hands to close at $2.25 and Eppley 9.5% preference share, traded 500 units at $6.18.

Junior market falls on Monday

JM Sign The junior market index fell 11.77 points to end at 2,452.33 on Monday as the prices of just 1 stock rose and 6 declined with 9 securities trading, down from 17 on Friday. The gain for the junior market index for the year to date ended at 37 percent.
The volume of stocks traded dropped sharply on Monday with the volume dropped sharply by 88 percent from Friday’s level and ending with just 185,535 units changing hands, valued at $7,836,091, up 84 percent from $1,256,517
on Friday.
ICI Jm sum 21-11-16Market activities ended with 6 securities closing with bids higher than their last selling prices and 6 ending with lower offers.
An average of 20,615 units with an average value of $139,613 traded, compared to 93,495 units with an average value of $460,947 on the preceding trading day. The average for the month to date is 122,319 units for an average of $715,032 compared to 129,584 units valued at $756,133 on Friday and 129,138 units with an average value of $709,705 for October.
In trading activity, AMG Packaging fell $1.59 and closed with 25,415 units changing hands at $18.51, ICI Jm trds 21-11-16Caribbean Cream with 62,000 shares changing hands, rose 5 cents to close at $7.25, Consolidated Bakeries lost 10 cents in trading 2,000 shares to close at $2.30, Honey Bun with 23,868 shares changing hands, but lost 40 cents to end at $5.60. Jamaican Teas traded 4,449 shares and fell 11 cents to close at $3.99, KLE Group declined 5 cents and ended with 21,460 shares trading at $1.55. Lasco Financial ended with 44,000 shares changing hands at $3, Lasco Manufacturing closed at $4.80 with 882 shares changing hands and tTech lost 55 cents and ended with 1,450 shares changing hands at $5.20.

Key Insurance in at top of TOP 5

Key Insurance listing ceremony.

Key Insurance listing ceremony.

Key Insurance climbed into the Top 5 of the IC Insider’ junior market list, at the number one spot. The rise came about as a result of a turnaround in the company’s September quarterly results, to overcome a drag the losses reported in the June had on the profit and the stock price.
IC Insider’s forecast is for earnings per share of approximately 35 cents for 2016, for Key, suggesting the potential for a big rise in the stock price. It is noted that the only offer for the stock is 34,688 at $3.50 with the highest bid at $2.15 to buy 40,700 shares.
Jetcon Corporation has fallen out of the Top five due to a combination of a rise in Jetcon’s price, following strong third quarter results and the ascension of Key Insurance to the list. Access Financial that has been in the TOP 5 for a long time also reported strong increased profit, with a hike of 95 percent for the September quarter and a 60 percent rise to $353 million for the six months to September.
Barita could be the star performer from the TOP 5 main market stocks as demand has come in for the stock, while supply has declined.IC Top 5 18-11-16 While the investment bank reported 54 cents per share for the full year to September, earnings from ongoing operations is more like 65 cents per share. Most importantly, the information that says the stock is an outstanding buy candidate, is the quality of the final quarter results, with strong growth in fee income and net interest income and less reliance on investment and foreign exchange gains. The final quarter results, suggest earnings should end up around $1.50 in 2017. JMMB Group came in with big increased earnings, one off gains may have played a big role in the big increase but even without that, the stock is undervalued with earnings from ongoing operations in the $2 range.

Juniors market trading picks up – Friday

ICI Jm indx 7-11-16 The junior market index fell 7.64 points to end at 2,464.10 on Friday as the prices of 10 stocks rose and 5 declined with 17 securities trading. The gain for the junior market index for the year to date remained at 38 percent.
The volume of stocks traded dropped sharply on Friday with the volume jumped sharply by 165 percent from Thursday’s level and ending with just 1,589,420 units changing hands, valued at $7,836,091, up 239 percent from $2,314,012 on Thursday.
Market activities ended with 9 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
An average of 93,495 units with an average value of $460,947 traded, compared to 50,000 units with an average value of $192,834 on the preceding trading day. ICI Jm sum 18-11-16The average for the month to date is 129,584 units for an average of $756,133 compared to 132,360 units valued at $778,840 on Thursday and 129,138 units with an average value of $709,705 for October.
In trading activity, AMG Packaging rose $1.10 and closed with 25,000 units changing hands at $20.10, CAC2000 traded 1,600 shares at $4.11 after gaining 11 cents, Cargo Handlers gained 20 cents and closed with 7,320 shares changing hands at $7.80, Caribbean Cream with 225,000 shares changing hands, lost 10 cents to close at $7.20. Caribbean Producers traded 476,500 shares to end with a gain of 18 cents at $3.48, Consolidated Bakeries rose 20 cents in trading 3,055 shares to close at $2.40, General Accident rose 5 cents and closed trading with 32,073 units at $3.15, ICI Jm trds 18-11-16Honey Bun with 38,833 shares changing hands, added by 20 cents to end at $6. Jamaican Teas traded 4,000 shares and rose 20 cents to close at $4.10, Jetcon Corporation traded 46,554 shares to close at $5.20, Key Insurance traded 1,300 shares and closed at $2.15, Lasco Distributors declined 50 cents and ended with 30,761 shares trading at $6.50. Lasco Financial fell 20 cents and ended with 77,603 shares changing hands at $3, Lasco Manufacturing closed at $4.80 with 512,207 shares changing hands after falling 10 cents. Medical Disposables traded 50,000 shares to close with a loss of 53 cents at $4.25, Paramount Trading rose 10 cents to end at $3.95 with 27,614 shares changing hands and tTech climbed 65 cents and ended with 30,000 shares changing hands at $5.75.

Juniors rise on Thursday

Jetcon ended trading at a new closing high of $5.20 on Thursday.

Jetcon ended trading at a new closing high of $5.20 on Thursday.

The junior market index climbed 25.45 points to end at 2,471.74 on Thursday as the prices of 4 stocks rose and 5 declined with 12 securities trading. The gain for the junior market index for the year to date inched up to 38 percent.
The volume of stocks traded dropped sharply on Thursday with the volume falling 68 percent from Wednesday’s level and ending with just 599,996 units changing hands, valued at $2,314,012, down 68 percent from $7,271,634 on Wednesday.
Market activities ended with 9 securities closing with bids higher than their last selling prices and 5 ending with lower offer.
ICI Jm sum 17-11-16An average of 50,000 units with an average value of $192,834 traded, compared to 134,647 units with an average value of $519,402 on the preceding trading day. The average for the month to date is 132,360 units for an average of $778,840 compared to 139,223 units valued at $827,673 on Tuesday and 129,138 units with an average value of $709,705 for October.
In trading activity, Caribbean Flavours traded 1,650 units and fell 10 cents to end at $8.40, Caribbean Producers traded 75,305 shares to end at $3.30, C2W Music traded 8,000 shares and close at 25 cents, Honey Bun with 3,000 shares changing hands, declined by 29 cents to end at $5.80. ICI Jm trds 17-11-16Jamaican Teas traded 8,623 shares but lost 10 cents to close at $3.90, Jetcon Corporation traded 17,138 shares to close at $5.20, for an all-time high, KLE Group slipped 10 cents in trading 50,000 shares and closed at $1.60, Lasco Distributors ended with 1,400 shares trading at $7, after rising by 50 cents. Lasco Financial rose 10 cents and ended with 100,966 shares changing hands at $3.20, Lasco Manufacturing closed at $4.90 with 212,067 shares changing hands after gaining 15 cents, Medical Disposables traded 3,000, shares to close at $4.78 and Paramount Trading lost 15 cents to end at $3.85 with 118,847 shares changing hands.

Juniors drop to 2,446.29 – Wednesday

JM Sign The junior market traded at a new intraday high of 2,522.83 on Tuesday but closed at 2,485.13 and continued the decline with a sharp 38.84 points fall on Wednesday, to close at 2,446.29 even as the prices more stocks rose than declined. The fall in the market index brings the gain for the year to date at 37 percent
The volume of stocks traded rose on Wednesday with the volume climbing 46 percent from Tuesday’s level and ending with 1,885,054 units changing hands, valued at $7,271,634, up 32 percent from $5,509,660 on Tuesday.
At the close of trading, 14 securities changed hands, down from 17 on Tuesday. 6 stocks advanced and 4 declined, including 1 that traded at a 52 weeks’ intra-day high.
Market activities ended with 7 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
ICI Jm sum 16-11-16 An average of 134,647 units with an average value of $519,402 traded, compared to 75,933 units with an average value of $324,098 on the preceding trading day. The average for the month to date is 139,223 units for an average of $827,673 compared to 139,639 units valued at $855,698 on Tuesday and 129,138 units with an average value of $709,705 for October.
In trading activity, Caribbean Cream regained 20 cents and closed with 122,116 shares changing hands at $7.30, Caribbean Flavours traded 3,350 units to end at $8.50, Caribbean Producers rose 9 cents in trading 485,148 shares to end at $3.30, C2W Music traded 1,000 shares and rose 2 cents to 25 cents. Dolphin Cove ended at $15.29 with 2,174 shares trading, General Accident loss 5 cents and closed with 500,000 units changing hands to end at $3.10, Honey Bun with 7,330 shares changing hands rose 19 cents and closed at $6.09,ICI Jm trds 16-11-16 Jetcon Corporation traded 20,100 shares to close at $5.02, but traded as high as $for an intraday all-time high. Key Insurance gained 15 cents with 145,963 shares trading to end at $2.15, in response to the company posting improved results for the September quarter compared to a loss in the June quarter, KLE Group climbed 10 cents in trading 70,000 shares and closed at $1.70. Lasco Distributors ended with 92,344 shares trading at $6.50, after declining by 39 cents, Lasco Financial ended with 4,651 shares changing hands at $3.10, Lasco Manufacturing closed at $4.75 with 380,890 shares changing hands after slipping 15 cents and Paramount Trading lost 1 cent to end at $4 with 49,988 shares changing hands.