Juniors inch forward – Thursday

June 9, 2016 by

Lasco Manufacturing headed back to $5 on Thursday, after gaining 25 cents..

Lasco Manufacturing headed back to $5 on Thursday, after gaining 25 cents..

Trading in the junior market ended on Thursday with increased participation of securities, with 20 being active, leading to 6 advancing and 6 declining. In spite of the increased participation, the junior index barely budged by 1.89 points to 2,215.04. At the close 2,086,923 shares, valued at $9,158,507 changed hands.
The bids for 7 stocks closed higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Access Financial Services traded 3,200 units at $17, AMG Packaging fell by 40 cents in trading 24,867 shares at $12, CAC 2000 closed at $6.55 with 236 shares changing hands, Caribbean Cream dropped 40 cents to end at $4.15, after trading 343,700 shares. Caribbean Flavours lost $1.14 and ended with 30,000 shares changing hands at $6.85, Caribbean Producers traded 4,513 shares to close with a loss of 40 cents, at $4.10, Consolidated Bakeries traded 337,192 shares to close at $2, C2W Music traded 26,000 shares to end at 43 cents. Dolphin Cove traded 4,000 units and gained 10 cents to end at $11.10, General Accident Insurance had 7,500 shares trading at $2.30, Honey Bun fell by 8 cents in trading 207,765 units at $6.87, Iron Rock had 109,000 shares changing hands with a gain of 3 cents, to end at $3.23. JM Trdng Sht-09-6-16ISP Finance traded 20,705 shares at $3.45, Jamaican Teas traded 75,159 shares and closed at $3.90, Jetcon Corporation had 103,000 units changing hands at $2.65 after gaining 5 cents, KLE Group closed with 2,000 units changing hands at $1.03 with a fall of 17 cents. Lasco Distributors rose 15 cents in trading 10,847 units to end at $7.65, Lasco Financial closed unchanged at $3.16 with just 500 shares changing hands while Lasco Manufacturing closed at $5 with 724,739 shares trading with the price rising 25 cents and tTech traded 52,000 units at $4.05.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

9 junior stocks fall 4 rise – Wednesday

June 8, 2016 by

Honey Bun traded at a new high Wednesday.

Honey Bun traded at a new high Wednesday.

Trading in the junior market pushed the index to 2,213.15 points, up by 13.61 points as 15 securities traded with 4 advancing and 9 declining. At the close 1,190,538 shares, valued at $6,986,614 changed hands. The market ended with 1 stock trading at 52 weeks’ intraday high.
The bids for 5 stocks closed higher than their last selling prices and 4 ended with lower offers.
At the end of trading, CAC 2000 rose by 5 cents and closed at $6.55 with 5,000 shares changing hands, Caribbean Cream gained 5 cents to end at $4.55, after trading 93,680 shares, Caribbean Producers traded 2,500 shares, to close at $4.50, Consolidated Bakeries traded 4,270 shares with a loss of 2 cents, to close at $2. C2W Music traded 18,000 shares and gained 3 cents, to end at 43 cents, Dolphin Cove traded 79,515 units and lost 20 cents to end at $11, Honey Bun fell by 5 cents in trading 183,042 units at $6.95 after trading at a new high of $7.51 earlier in the day. Jamaican Teas traded 12,500 shares and closed at $3.90. JM Trdng Sht-08-6-16Jetcon Corporation had 10,000 units changing hands at $2.65 after falling by 10 cents, Key Insurance traded 5,000 shares and lost 25 cents to close at $2.50, KLE Group closed with 1,500 units changing hands at $1.20, having lost 16 cents, Lasco Distributors fell 49 cents in trading 472,645 units to end at $7.50. Lasco Financial closed with a rise of 1 cent at $3.16 with 195,440 shares changing hands while Lasco Manufacturing traded 116,110 shares and dropped 15 cents to close at $4.75, tTech traded just 28,351 units at $4.05 after shedding 7 cents and Eppley 8.5% preference share traded 42,500 shares at $6 but lost 10 cents.

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C2W Music monster trade – Thursday

June 2, 2016 by

C2W had the largest trade on the JSE on Thursday

C2W had the largest trade on the JSE on Thursday

C2W Music closed trading with one transaction of 53.8 million trade on Thursday. The trade was executed by Stocks and Securities that see them buying the shares for their own account from a client. The trade that accounted for $18 million was the largest on the Jamaica Stock Exchange for the day. At the close, the market index lost 0.45 points to end at 2,150.05 as 57,317,961 shares, valued at $35,653,893 changed hands.
A total of 17 securities traded with 7 advancing and 8 declining. The market ended with bids for 7 stocks closing higher than their last selling prices and 3 ending with lower offers.
At the end of trading, AMG Packaging traded 1,200 shares to close at $12.45, after adding 45 cents, Caribbean Cream closed with a loss of 4 cents at $4.65, after trading 183,500 shares, Carib Flavours closed at $7.99 after losing 1 cent, in trading 200 shares. Consolidated Bakeries traded 283,078 units and gained 11 cents to end at a 52 weeks’ high of $2.12, C2W Music closed with 53,814,091 shares trading with a loss of 1 cent at 34 cents, General Accident had 2,200 shares trading with a gain of 26 cents to close at $2.44. Honey Bun traded for the first time after its 5 for 1 stock split and closed at a 52 weeks’ high of $5 with a gain of $1.20 with 170,860 units changing hands, Iron Rock Insurance traded 628,310 shares but shed 20 cents to end at $3.20. JM Trdng Sht-02-6-16Jamaican Teas traded 17,039 units to close with a loss of 5 cents at $3.80, Jetcon Corporation rose 7 cents in trading 23,525 units at $2.87, Key Insurance gained 6 cents with 61,900 shares at $2.75. KLE Group ended at $1.60 with 9,300 shares changing hands Knutsford Express fell 50 cents in trading 6,200 shares to close at $17.50, Lasco Distributors fell 10 cents with 1,000,000 units trading at $7.90. Lasco Financial closed with a gain of 4 cents at $3.34 with 5,979 shares changing hands while Lasco Manufacturing traded 1,099,242 shares and fell 19 cents to close at $4.50, Medical Disposables ended with 5,000 units changing hands to close with a gain of 1 cent at $3.50 and tTech traded 8,537 units at $4.30.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

Demand for juniors rose on Wednesday

June 1, 2016 by

Lasco Manufacturing had the largest trade in the junior market and climbed 50 cents to $8.

Lasco Distributors had the largest trade in the junior market and climbed 50 cents to $8.

Trading picked up the junior market on Wednesday ended with increased trading over Tuesday. At the close the market index rose 14.74 points to end at 2,150.50 as 2,151,230 shares valued at $12,226,480 changed hands.
A total of 14 securities traded with 7 advancing and 3 declining. The market ended with bids for 6 stocks closing higher than their last selling prices and 3 ending with lower offers.
At the end of trading, AMG Packaging traded 2,449 shares to close at $12, after shedding 50 cents, CAC 200 had 250 shares trading at $6.50, Caribbean Cream closed with a loss of 9 cents at $4.69, after trading 163,774 shares, Consolidated Bakeries traded 89,007 units and gained 1 cent to end at $2.01. Dolphin Cove had 900 shares trading with a loss of $1.68 at $11, General Accident had 2,200 shares trading with a gain of 26 cents to close at $2.44, ISP Finance traded 31,499 units at $3. Jamaican Teas traded 105,100 units to close at $3.85, Jetcon Corporation lost 5 cents in trading 112,918 units at $2.80, Knutsford Express rose $1.20 in trading 16,679 shares to close at $18.JM Trdng Sht-6-16 Lasco Distributors climbed 50 cents with 1,033,123 units trading at $8, one day after the company released full year’s results showing profit rising 38.55 percent from a 30.5 percent rise in sales income. Lasco Financial closed with a gain of 15 cents at $3.30 with 338,355 shares changing hands after the company released full year’s results showing just 5 percent increase in profit after tax, from a 22 percent rise in revenues. Lasco Manufacturing traded 180,100 shares and rose 9 cents to close at $4.69 and Medical Disposables ended with 74,876 units changing hands to close with a gain of 24 cents at $3.49.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , ,

Limited junior market activity

May 30, 2016 by

Honey Bun blocked from trading on Monday

Honey Bun blocked from trading on Monday

Trading on the junior market on Monday ended with suspension of trading in Honey Bun shares, after brokers put through trades up to $22. The trades were cancelled as the stock should have been trading ex stock split at the start of trading, but the system was not pre-prepared for the stock to trade ex-split on Monday. The stock will start trading at the ex-split price on Tuesday.
Overall trading was moderate as only a few securities were active in the junior market. At the close the market index rose 0.61 points to end at 2,128.14. The market closed with 829,940 shares valued at $2,963,453 changing hands.
A total of only 9 securities traded of which 3 advanced and 2 declined. The market ended with bids for 10 stocks closing higher than their last selling prices and 2 ending with lower offers.
At the end of trading, Caribbean Cream closed with a gain of 10 cents at $4.70, after trading 60,000 shares, JM Trdng Sht-27-5-16Consolidated Bakeries traded 160,682 units and gained 20 cents to end at $1.80, Jamaican Teas traded 80,048 units to close at $3.90, Jetcon Corporation lost 15 cents in trading 35,685 units at $2.85, KLE Group traded 2,381 shares and closed at $1.61. Lasco Distributors closed with 72,543 units trading at $7.50. Lasco Financial closed at $3.15 with 315,995 shares changing hands after falling 15 cents, Lasco Manufacturing traded 55,902 shares and rose 30 cents to close at $4.70 and tTech ended with 45,704 units changing hands at $4.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , ,

Juniors suffer big drop on Thursday

May 26, 2016 by

ISP Finance at new high on Thursday.

ISP Finance at new high on Thursday.

Trading in the junior market declined by nearly 3 percent shortly before trading closed on Thursday but made some reversal at the close. Fall in the prices of Caribbean Producers, Lasco Distributors and Honey Bun were major factors behind the decline. Trading volume remained subdued with only three securities trading more than 100,000 shares. The market closed with 1,193,487 shares valued at $5,345,787 changing hands. The market index dropped 27.47 at the close after it fell by 59.25 points earlier, to end at 2,098.43.
A total of 15 securities traded of which 5 advanced and 6 declined. The market ended with bids for 7 stocks closing higher than their last selling prices and 2 ending with lower offers.
At the end of trading, Access Financial Services traded 8,300 units to close at $16.50 after trading at $17.15, AMG Packaging had 1,259 shares trading at $11.65, Caribbean Cream traded early in the morning session at $5 but closed unchanged for the day at $4.47, having traded 326,000 shares. Caribbean Producers traded 65,070 units at $3.90 after falling 65 cents, General Accident traded 49,000 units to close at $2.15. Honey Bun dropped $3.95 and closed at $18 with 10,000 shares traded, JM Trdng Sht-26-5-16Iron Rock fell 55 cents in trading 1,395 shares to close at $3.20, ISP Finance rose by 15 cents in trading 8,688 shares to end at a new high of $3, Jamaican Teas traded 21,059 units but fell 30 cents to $3.55. Jetcon Corporation traded 137,712 shares and gained 17 cents to close at $3, Lasco Distributors fell 5 cents and closed with 76,820 units trading to close at $7.45. Lasco Financial closed at $3.29 with 2,800 shares changing hands having shed 1 cent, Lasco Manufacturing traded 441,563 shares and rose 10 cents to close at $4.30, Medical Disposables had 37,000 shares changing hands to close at $3, for a 5 cents gain and tTech fell 20 cents and ended with 6,821 units changing hands at $4.30.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , ,

Juniors close higher on Wednesday

May 25, 2016 by

Cargo Handlers traded at a new high of $46.

Cargo Handlers traded at a new high of $46.

Trading in the junior market on Wednesday was subdued throughout the day with fewer securities trading than on Tuesday. The market closed with 2,139,183 shares valued at $12,635,596 changing hands with Cargo Handlers trading at a new high of $46. The market index gained 31.92 points to end at 2,125.90 with a total of 12 securities traded, 5 of which advanced and 4 declined. The market ended with bids for 8 stocks closing higher than their last selling prices and 3 ending with lower offers.
At the end of trading, Cargo Handlers traded 1,855 shares and gained $1 to close at a 52 weeks’ high of $46, Caribbean Cream rose 1 cent to close with 183,568 shares changing hands at $4.47,JM Trdng Sht-25-5-16Caribbean Producers traded 6,500 units at $4.55, Consolidated Bakeries traded 16,000 units to close with a loss of 10 cents at $1.50. Honey Bun closed with a gain of 45 cents at $21.95, while 3,500 shares traded, Iron Rock traded 3,000 shares at $3.75, Jetcon Corporation traded 900 shares and gained 2 cents to close at $2.83, KLE Group lost 7 cents in closing with 121,998 shares trading at $1.61. Lasco Distributors gained 30 cents and closed with 1,277,830 units trading with the price closing at $7.50. Lasco Financial closed at $3.30 with 391,866 shares changing hands, Lasco Manufacturing lost 40 cents and closed at $4.20 with 123,963 shares changing hands and tTech fell 20 cents and ended with 8,203 units changing hands at $4.30.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , ,

Juniors suffer big drop – Tuesday

May 24, 2016 by

Interest is up for Caribbean Cream with bids for 300,000 units at $4.47.

Interest is up for Caribbean Cream with bids for 300,000 units at $4.47.

The junior market closed lower at the close of trading on Tuesday, with 912,528 shares valued at $4,482,547 changing hands. The market index dropped 42.34 points to end at 2,093.98 with a total of 12 securities traded of which 4 advanced and 6 declined. The market ended with bids for 7 stocks closing higher than their last selling prices and 3 ending with lower offers.
At the end of trading, Caribbean Cream close with 21,000 shares changing hands at $4.46, General Accident traded at $2.15 with 299,208 shares trading but gained 5 cents, Honey Bun closed with a loss of 50 cents at $21.50, while 5,444 shares traded, Jamaican Teas traded 3,600 units and lost 5 cents to close at $3.85. Jetcon Corporation traded 90,307 shares and gained 6 cents to close at $2.81, JM Trdng Sht-24-5-16Key Insurance closed with a gain of 19 cents at $2.69 with 100 shares trading, Lasco Distributors fell 16 cents and closed with 265,100 units trading with the price closing at $7.20. Lasco Financial closed at $3.30 with 12,700 shares changing hands after falling 5 cents, Lasco Manufacturing gained 16 cents closed at $4.60 with 106,600 shares trading. Medical Disposables traded 12,519 shares to close unchanged at $2.95, after dropping 55 cents, Paramount Trading fell 1 cent to end with 68,200 shares changing hands at $10.99 and tTech ended with 37,750 units changing hands at $4.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , ,

Tight embrace falling & rising stocks – Thursday

May 19, 2016 by

General Accident traded the most shares on the junior market on Thursday.

General Accident traded the most shares on the junior market on Thursday.

The junior market moved moderately higher at the close of trading on Thursday, with 793,977 shares valued at $3,056,734 changing hands. The market index rose 3.10 points to end at 2,124.28 with a total of 12 securities traded, with 3 advancing and 4 declining. The market ended with bids for 6 stocks closing higher than their last selling prices and 5 ending with lower offers.
At the end of trading, Caribbean Cream rose 40 cents with only 300 shares changing hands at $4.40, Caribbean Flavours traded 30,000 shares with a fall of 75 cents to end at $6.50, Consolidated Bakeries closed at $1.50 with 73,200 shares changing hands. General Accident gained 4 cents to $2.10 with 260,368 shares trading, Honey Bun closed at $22, JM Trdng Sht-19-5-16with 13,135 shares trading, Jetcon Corporation traded 1,050 units to close with a loss of 5 cents at $2.75. KLE Group closed with 79,000 shares trading at $1.68, Lasco Distributors closed with 102,750 units trading with the price closing at $7.40 after gaining 10 cents. Lasco Financial closed at $3.15 with 14,400 shares changing hands after slipping 15 cents. Lasco Manufacturing fell 16 cents to close at $4.44 with 75,774 shares trading, Medical Disposables closed with 15,000 units changing hands at $3.50 and tTech traded 129,000 units at $4.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , ,

8 junior stocks up 4 down – Wednesday

May 18, 2016 by

Honey Bun jumped $5.50 back to $22 on Wednesday.

Honey Bun jumped $5.50 back to $22 on Wednesday.

The junior market dropped lower at the close of trading on Wednesday, with 1,632,717 shares valued at $8,573,035 changing hands. The market index lost 17.46 points to end at 2,121.18 with a total of 16 securities traded, with 8 advancing and 4 declining. The market ended with bids for 7 stocks closing higher than their last selling prices and 5 ending with lower offers.
At the end of trading, Caribbean Cream lost 50 cents with 514,085 shares changing hands at $4, Caribbean Flavours traded 8,035 shares with the rise of 5 cents to end at $7.25, Caribbean Producers traded 3,000 shares at $4.55 after rising by 55 cents, Consolidated Bakeries fell 10 cents and closed at $1.50 with 41,850 shares changing hands. Dolphin Cove rose 17 cents while trading 2,524 units to close at $12.68, General Accident gained 6 cents to $2.06 with 322,467 shares trading, Honey Bun closed with a jump of $5.50 to $22, with 117,182 shares trading. Iron Rock Insurance gained 25 cents in trading just 2,000 shares to close at $3.75, Jamaican Teas traded 500 shares to end at $3.90, Jetcon Corporation traded 7,000 units to close with a loss of 10 cents at $2.80.JM Trdng Sht-18-5-16 Knutsford Express closed with 1,075 shares trading at $18, Lasco Distributors closed with 155,159 units trading with the price closing at $7.30. Lasco Financial closed at $3.30 with 220,955 shares changing hands after rising 10 cents. Lasco Manufacturing fell 15 cents to close at $4.60 with 223,175 shares trading, Medical Disposables closed with a rise of 8 cents as 3,100 units changed hands at $3.50, Paramount Trading ended with 17,440 shares trading with a loss of 5 cents at $11 and tTech traded 170 units at $4.50.

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Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , ,