
Jetcon closed at a new high on Tuesday with a rise of 275% in its Q3 profit.
Trading that was slow on Monday picked up steam on Tuesday with many more securities trading with higher volumes. Trading closed on Tuesday with the market index falling 10.09 points to close with 2,485.13 points, bringing the gain for the year to date at 39 percent.
The volume of stocks traded that fell sharply on Monday, surged on Tuesday with the volume jumping 310 percent from Monday’s levels and ending with just 1,290,866 units changing hands, valued at $5,509,660, up 279 percent from $754,871 on Monday.
At the close of trading 17 securities traded, up from 11 on Monday, while 9 stocks advanced but a number of them rose by just one or two cents and 8 declining, including 3 that traded at a 52 weeks’ high.
Market activities ended with 6 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.An average of 75,933 units with an average value of $324,098 traded, compared to 34,104 units with an average value of $56,558 on the preceding trading day. The average for the month to date is 139,639 units for an average of $855,698 compared to 129,138 units at $709,705 for October.
In trading activity, Access Financial rose 2 cents with 727 shares changing hands to close at $20.08, AMG Packaging fell 50 cents and ended with 3,951 shares changing hands at $19, Caribbean Cream fell 65 cents and closed with 67,195 shares changing hands at $7. Caribbean Flavours traded 5,000 units to end at $8.50 with a fall of 1 cent, Caribbean Producers fell 29 cents in trading 60,000 shares to end at $3.21, Consolidated Bakeries lost 25 cents in trading 304,000 shares to close at $2.20, General Accident gained 3 cents and closed with 2,571 units changing hands at a 52 weeks’ closing high of $3.15. Honey Bun with 22,900 shares changing hands rose 40 cents and closed at $5.90, Jamaican Teas traded 11,900 shares and gained 10 cents to close at $4, Jetcon Corporation traded 227,000 shares and gained 2 cents to close at 52 weeks’ closing high of
$5.02, KLE Group climbed 45 cents in traded 41,500 shares and closed at $1.60. Lasco Distributors ended with 78,438 shares trading at $6.90, after declining by 1 cent, Lasco Financial ended with 45,120 shares changing hands at $3.10, after rising 10 cents, Lasco Manufacturing closed at $4.89 with 153,518 shares changing hands after slipping 1 cent. Medical Disposables lost 2 cents in trading 5,400 units, to end at $4.78, Paramount Trading price hit an intraday all-time high of $4.70 in early trading, but rose 1 cent to a new all-time closing high of $4.01 with 151,218 shares changing hands and tTech fell 70 cents and ended with 110,428 shares changing hands at $5.10.

At the close of trading 11 securities traded, down from 19 on Friday, while 4 stocks advanced and 4 declining, including 1 that traded at an all-time high. Market activities ended with 6 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
Honey Bun with 50,315 shares changing hands lost 20 cents and closed at $5.50, Jetcon Corporation traded only 1,300 shares and gained 1 cent to close at $5, Key Insurance traded 25,621 shares and closed at $2, Lasco Distributors ended with 20,883 shares trading at $6.95, after declining by 5 cents. Lasco Manufacturing closed at $4.89 with 7,445 shares changing hands after slipping 1 cent. Medical Disposables traded 10,000 units, to end at $4.80, Paramount Trading rose 10 cents to a new all-time high of $4 with just 2,470 shares changing hands and tTech gained 68 cents and ended with 11,000 shares changing hands at $5.80.


closed trading with 23,850 units at a 52 weeks’ high of $3.12. Honey Bun with 10,162 shares changing hands lost 30 cents and closed at $5.70, Jamaican Teas traded 1,085 shares to close at $3.90,
The junior market had a big day of trading on Thursday as Lasco Distributors dominated trading with 10.5 million units, the market index fell 11.27 points to 2,454.09, putting the gain for the year to date to 37 percent.
Trading volume had a sharp jump of 477 percent from Wednesday’s levels, ending with 11,250,424 units changing hands, valued at $76,439,888, up by 462 percent from $13,610,614 on Wednesday.
Dolphin Cove closed with 2,000 units changing hands at $15.29 but lost 20 cents in the process. Honey Bun with 18,825 shares changing hands lost 10 cents and closed at $6, Jamaican Teas traded 18,100 shares to close at $3.90 with a fall of 10 cents, Jetcon Corporation traded 38,928 shares and gained 25 cents in closing at $5. Knutsford Express traded 714 shares at $22, Lasco Distributors ended with 10,502,964 shares trading at $6.90, after easing by 10 cents, Lasco Financial ended with just 1,000 shares changing hands to close at $3.13, Lasco Manufacturing rose 5 cents and closed at $4.90 with 304,871 shares changing hands and Medical Disposables traded 321,510 units but dropped 40 cents to $4.60.
Trading volume rose 54 percent from Tuesday’s levels, ending with 1,948,431 units changing hands, valued at $13,610,614, up by 111 percent from $6,437,908 on Tuesday.
CAC 2000 traded 8,500 units and closed at $4, Cargo Handlers ended with 3,245 shares changing hands at $12, Caribbean Producers closed trading with 41,280 units and lost 38 cents to close at $3.12. C2W Music traded 3,057 shares but fell 2 cents to end at 23 cents, Derrimon Trading closed with 4,000 units changing hands at $4.80, Jetcon Corporation traded 15,900 shares and gained 10 cents in closing at $4.75. Lasco Distributors ended with 1,540,643 shares trading at $7, after trading at a low for the day of $6.40. Lasco Financial gained 23 cents and ended with 158,269 shares changing hands to close at $3.13 and Lasco Manufacturing fell 5 cents and closed at $4.85 with 101,297 shares changing hands.
The junior market index fell back sharply from on Tuesday the record close on Monday with the market index sinking 72.48 points to 2,409.96 pulling the gain for the year to date down to 35 percent, with Lasco Distributors falling as low as $6 and closing with an average price of $6.27.
The average for the month to date is 91,238 units at $508,614 compared to 129,138 units at $709,705 for October.
Derrimon Trading closed with 3,500 units changing hands with a loss of 20 to end at $4.80. Dolphin Cove traded 1,059 shares and closed at $15.49, General Accident had 68,000 shares changing hands and closed at $3, Jetcon Corporation traded 117,486 shares in closing and gained 5 cents in closing at $4.65 after it traded at $5 in early trading, KLE Group lost 17 cents in closing at $1.13 with 25,847 shares changing hands. Lasco Distributors ended with 389,146 shares trading to close at $7, the stock traded as low as $6 during the morning session. Lasco Financial lost 20 cents and ended with 82,359 shares changing hands to close at $2.90, Lasco Manufacturing rose 5 cents and closed at $4.90 with 536,191 shares changing hands.
At the close of the market, 16 securities traded, versus 14 on Friday resulting in 4 stocks advancing and 5 declining. Trading closed with 2 stocks hitting record highs during the day, only 1 ended at a closing 52 weeks’ high. Market activities ended with 3 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
Caribbean Producers lost 17 cents and closed trading with 50438 units at $3.41, Honey Bun with 830 shares changing hands closed at $6.10, Iron Rock Insurance traded 460 shares and gained 50 cents to end at $4.10. Jamaican Teas traded 500 shares to close at $4, Jetcon Corporation traded 152,100 shares in closing and gained 1 cent in closing at $4.60 after it traded at $5 in early trading, Lasco Distributors ended with 91,345 shares trading at $7. Lasco Financial ended with 9,652 shares changing hands to close at $3.10, Lasco Manufacturing fell 10 cents and closed at $4.85 with 200,377 shares changing hands, Medical Disposables traded just 1,200 units but dropped 55 cents to $5 and Paramount Trading jumped $4.05 with 925 units changing hands to close at new high of $33.05.
Jamaica Stock Exchange stock was adjusted the 5 for 1 stock split on Friday but the stock has not traded so far, but the bid is at $8.10 to buy 4,790 shares. Paramount Trading that has announced a 10 to 1 stock split has a bid at $30.60 to buy 1,035 units without an offer versus the last traded price of $29.
Market activities ended with 8 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
Honey Bun with 4,927 shares changing hands closed at $6.10, Iron Rock Insurance with 94,434 units trading, ended at $3.30. Jamaican Teas traded 100 shares to close at $4, Jetcon Corporation jumped 58 cents and ended with 19,769 shares trading at $4.59, Knutsford Express traded 7,000 shares in closing at $22.50, Lasco Distributors ended with 205,955 shares trading to close at $7. Lasco Financial ended with 501,737 shares changing hands but lost 9 cents to close at $3.15, Lasco Manufacturing closed at $5.10 with 90,873 shares after rising 10 cents and Medical Disposables closed at $5 with 7,011 shares changing hands.
Trading closed on the junior market with the number of advancing stocks out pacing decliners by a wide margin while the market index advanced by just 6.20 points to 2,436.40, up 36 percent year to date.
At the close of the market on 12 securities traded, versus 15 on Friday resulting in 6 stocks advancing and 1 declining.
Jamaican Teas traded 52,781 shares to close at $4, Jetcon Corporation lost 1 cent and ended with 5,000 shares trading at $4.01, Knutsford Express traded 1,100 shares in closing at $22.50, Lasco Distributors traded 33,953 units and gained 15 cents to close at $7. Lasco Financial rose 14 cents and ended with 2,250 shares changing hands at $3.24, Lasco Manufacturing closed at $5 with 87,876 shares but traded as high as $5.20 during the day, Paramount Trading closed at $24 with 25,856 shares changing hands and tTech rose 5 cents and closed with 4,300 units trading at $5.