AMG Packaging is IC Insider’s top junior market stock for growth in the next 12 months.
Paramount Trading price movement is directly related to limited supply of the stock. There are good prospects for increased earnings to flow from expansion into the processing of lubricants, for the local market. Production is expected to get on the way in the first quarter of 2017. With a PE ratio of 7.6 times 2017 projected earnings, the stock remains attractive. With the limited supply, the stock seems a prime candidate for a stock split later this year.
Jetcon Corporation seems set to move out of the top 5 by the end of the week, if the trend of increased demand and limited supply continues. During the past week, the stock gained 24 percent based on the closing bids that were higher than the last sale price. AMG Packaging fell sharply in the week and has pushed the stock to top of the list, while Medical Disposables has moved down to 3 due to a revision downwards of earnings to 60 cents per share and an increase in the stock price.
Derrimon enters as number 4 but the company is highly leveraged but expanding. Derrimon Trading reported slightly increased profit of $32.2 million or 12 cents per share up from $30.6 million in the June quarter with profit of $58.5 million compared to $51.2 million for the six months to June, with 3.5 percent growth is sales in the June quarter and 6 percent for the six months year over year. Other income grew but the company’s share of associated profit fell in both periods, while costs were held tightly.Barita Investments is the only stock in the top 5 main market list, to show any major change, with the bid moving up to $3.51 at the close of the week and seeming set to trade in the $4 region sooner than later, with limited supply on the offer.
The market index gained 18.92 points, to close at 2,296.85. Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
General Accident closed trading with 10,000 units, to close at $2.29, Knutsford Express Services dropped 50 cents to end with 2,746 units trading at $24.50, Lasco Distributors closed with 3,769,952 units trading and ended with a gain of 8 cents at $7.05. Lasco Financial with 10,000 shares changing hands closed at $3.30. Lasco Manufacturing rose 45 cents and closed at $4.90 with 801,743 shares trading, Medical Disposables traded 53,000 shares and closed at $4, Sweet River had just 1,150 shares changing hands at $3.85 and Eppley redeemable 2019 preference share, traded 80,000 shares, unchanged at $6.10.
Scotia eventually fell back from the mornings high by mid-morning.
At the close, AMG Packaging traded 59,416, shares with the price dropping 33 cents to close at $15.22, CAC 2000 closed with 5,000 shares changing hands at $6.40. Caribbean Cream gained 30 cents and closed with 10,000 shares changing hands at a 52 weeks’ closing high of $9, Caribbean Producers traded 1,013,163 shares and rose 5 cents to close at $3.30. Consolidated Bakeries closed with a regained of 5 cents at $2.40 with 83,211 units changing hands. General Accident closed trading with 57,610 units but lost 1 cent to close at $2.29, Honey Bun fell 32 cents in trading 20,637 units to end at $5.53, Iron Rock Insurance traded 8,000 shares at $3.28, Jamaican Teas traded only 3,900 units but declined by 20 cents to end at $3.60. Jetcon Corporation traded 20,000 shares and gained 70 cents to close at a new all-time high of $4, Key Insurance traded 10,000 units and lost 16 cents to close at a new low of $2.49.
Knutsford Express Services dropped $1 to end with 14,950 units trading at $25, Lasco Distributors closed with 8,645 units trading, ended with a loss of 3 cents at $6.97, Lasco Financial gained 20 cents with 5,000 shares changing hands at $3.30. Lasco Manufacturing rose 9 cents and closed at $4.45 with 89,310 shares trading, Medical Disposables rose by 15 cents in trading 1,063 shares and closed at $4, Paramount Trading climbed $2.45 to end with 2,000 shares changing hands at a 52 weeks’ high of $17.50 and Derrimon Trading preference share lost 5 cents in trading 100 shares at $2.15.
even as the overall volumes traded so far is light. 
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lower offers as the supply of many stocks continue to evaporate.
Lasco Distributors ended with 689,330 shares changing hands and gained 35 cents to close at $7.05. Lasco Financial had just 100 shares changing hands at $3.50, for a loss of 2 cents, Lasco Manufacturing closed at $4.50 with 10,128 shares trading and tTech rose 25 cents in trading 1,500 shares at $5.25.
Jamaican Teas fell 23 cents in trading just 1,803 shares to close at $3.40, 
offers as the supply of many stocks continue to evaporate thus setting the stage for a big push forward in the prices of many of the junior listings.
Knutsford Express closed with 1,200 units changing hands, to end with a gain of 7 cents at a new closing high of $25.0, KLE Group traded just 100 units at $1.40. Lasco Distributors ended with 87,374 shares changing hands, gaining 30 cents, in the process to close at $6.90, Lasco Financial saw Mayberry Investments buying most of the stocks to trade, for in house purposes as 570,000 shares changed hands at $3.50, for a rise of 25 cents. Lasco Manufacturing fell 15 cents and closed at $4.50 with 342,295 shares trading and Paramount Trading jumped $1 in trading 2,000 shares at $13.
Trading ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.