Junior Market down for second day – Thursday

The Jamaica Stock Exchange Junior Market Index declined 17.30 points to close at 3,559.31 on Thursday, with 28 securities trading with the prices of 10 securities rising, 12 declining and 6 remaining unchanged.
At the close of market activities,  3,173,551 units valued at $18,232,682 traded, compared to 3,564,010 units valued at $18,775,947 from 31 securities changing hands on Wednesday.
Trading ended with an average of 113,341 units for an average of $651,167 in contrast to 114,968 units for an average of $605,676 on Wednesday. The average volume and value for the month to date amounts to 223,248 units at $1,006,985 and previously 228,600 units at $1,024,311 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks closing with higher bids than their last selling prices and 2 that closed with lower offers.
Stocks ending with price changes| AMG Packaging ended trading with a loss of 1 cent at $2.29 with 41,456 stock units changing hands, Blue Power dipped 49 cents in trading 3,684 units at $8.50, Caribbean Cream closed 22 cents higher at $5.50, with 8,301 stock units trading, Caribbean Producers shed 3 cents exchanging 63,197 units at $4.75. Consolidated Bakeries ended trading with 800 shares, after rising 1 cent to end at $2.07, Dolphin Cove closed 25 cents higher at $12, with 7,975 stock units crossing the exchange, Derrimon Trading swapped 10,000 shares and rose 10 cents to end at $2.80. Elite Diagnostic ended trading with 152,751 shares, after rising 1 cent to close at $7, Fontana declined 50 cents in exchanging 240,434 units at $8, General Accident ended market activity with 9,350 shares changing hands to close at $6 after falling 20 cents, GWest Corporation climbed 1 cent and exchanged 500 shares at $1.30. Indies Pharma lost 2 cents in trading 284,628 shares to close at $3.40, Iron Rock Insurance ended market activity exchanging 136,626 shares to close at $4 after falling 20 cents, Jamaican Teas ended with a loss of 1 cent at $5.90 with 1,865,619 stock units changing hands. Knutsford Express ended trading with 81,435 shares, after rising 10 cents to end at $11.20, Limners and Bards closed 9 cents higher at $3.10, with an exchange of 150,067 stock units, Lasco Distributors lost 30 cents in trading of 5,440 units at $3.20, Lasco Financial swapped 55,899 shares, after rising 5 cents to end at $5.15. Lasco Manufacturing shed 20 cents and ended market activity exchanging 7,998 shares to close at $5.30. Main Event ended trading with 4,510 shares, after rising 26 cents at $6.86, Stationery and Office Supplies gained 49 cents to end at $12.50 with an exchange of 3,984 shares and tTech ended market activity with 11,720 shares changing hands to close at $6.70 after falling 25 cents.

Prices of securities trading for the day are those at which the last trade took place.

Fall for Junior Market – Wednesday

Junior Market stock trading.

The Junior Market of the Jamaica Stock Exchange ended trading on Wednesday with Market Index declined by 36.78 points to close at 3,576.61.
At the close of market activities, 31 securities changing hands resulting in the prices of 10 securities advanced, 14 declined and 7 remained unchanged and exchanged 3,564,010 units valued at $18,775,947. On Tuesday 30 securities traded leading to 2,978,768 units valued at $15,284,957 changing hands.
Trading ended with an average of 114,968 units for an average of $605,676 in contrast to 99,292 units for an average of $509,499 on Tuesday. The average volume and value for the month to date amounts to 228,600 units at $1,024,311 and previously 235,076 units at $1,048,167 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks closing with higher bids than their last selling prices and none closing with a lower offer.
Stocks ending with price changes| AMG Packaging ended trading with 8,171 shares, after rising 1 cent to end at $2.30, Blue Power ended market activity exchanging 20,741 shares to close at $8.99 after falling 49 cents, CAC 2000  closed trading of 3,000 units and gained 90 cents to end at $16. Caribbean Producers dipped 2 cents in trading of 22,034 units at $4.78, Consolidated Bakeries lost 2 cents in with 98,000 shares changing hands to close at $2.06, Dolphin Cove shed 25 cents trading of 7,866 units at $11.75. Derrimon Trading declined 20 cents to settle at $2.70 trading 68,384 shares, Express Catering closed trading of 333,206 units and gained 2 cents to end at $6.50, Everything Fresh shed 10 cents in swapping of 99,980 units at $1.40, Fosrich closed trading of 35,000 units and gained 73 cents to end at $5.70. Fontana closed 9 cents higher at $8.50, with 336,075 stock units trading, GWest Corporation ended with an exchange of 10,500 shares, after rising 9 cents to end at $1.29, Honey Bun closed 10 cents higher at $7, with 43,250 stock units changing hands. iCreate ended with a loss of 1 cent at 88 cents with 111,925 stock units crossing the exchange, Indies Pharma ended market activity exchanging 267,100 shares to close at $3.42 after falling 8 cents, Jetcon Corporation closed with a loss of 10 cents at $2, swapping of 1,100 shares. KLE Group declined 10 cents in trading of 21,420 units at $2, Limners and Bards ended market activity exchanging 176,195 shares to close at $3.01 after falling 4 cents, Lasco Financial dipped 5 cents trading of 86,799 units at $5.10, Lasco Manufacturing swapped 9,759 shares, after rising 25 cents to end at $5.50. Main Event dropped $1.10 in trading 10,754 shares to close at $6.60, Paramount Trading ended with 11,000 shares changing hands, after rising 31 cents to end at $2. Stationery and Office Supplies traded 36,935 shares, after rising 61 cents to end at $12.01 and tTech ended market activity exchanging 100 shares to close at $6.95 after falling 5 cents.

Prices of securities trading for the day are those at which the last trade took place.

Solid index gain for Junior Market – Tuesday

The Junior Market of the Jamaica Stock Exchange closed Tuesday the market index surging 42.58 points to close at 3,613.39 even as the number of declining and advancing stocks were virtually tied.
A total of 30 securities changed hands compared to 31 on Monday, ending with, the prices of 12 rising, 13 declining while 6 closed unchanged. Investors exchanged 2,978,768 units valued at $15,284,957 compared to 2,287,830 units valued at $11,502,066 on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks closing with higher bids than their last selling prices and 1 closing with a lower offer.
Trading ended with an average of 99,292 units for an average of $509,499 in contrast to 73,801 units for an average of $371,034 on Monday. The average volume and value for the month to date amounts to 235,076 units at $1,048,167 and previously 243,001 units at $1,079,607 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| Blue Power traded 15,000 units and gained 5 cents to end at $9.48, CAC 2000 climbed 10 cents exchanging 22,385 shares at $15.10, Caribbean Cream traded 2,000 units and gained 43 cents to end at $5.28, Caribbean Flavours declined by $1.05 to settle at $16 in trading of 600 units. Caribbean Producers ended trading with 173,320 shares, after rising 18 cents to end at $4.80. Derrimon Trading closed trading of 10,011 units and gained 10 cents to end at $2.90, Express Catering ended trading with 270,925 shares, after rising 1 cent to end at $6.48, Elite Diagnostic ended trading with 87,027 shares, after rising 19 cents to end at $6.99. Fosrich fell 53 cents in trading 51,365 units and finishing at $4.97, Fontana ended with a loss of 1 cent at $8.41 with 353,893 stock units changing hands, General Accident shed 20 cents in trading of 22,379 units at $6.20, Honey Bun declined 10 cents in trading of 31,553 units to settle at $6.90. Indies Pharma fell 25 cents exchanging of 630 units at $3.50, Iron Rock Insurance closed 20 cents higher at $4.20, with 96,608 stock units trading, Jamaican Teas closed trading of 332,805 units and gained 6 cents to end at $5.91. Jetcon Corporation dipped 17 cents in trading of 20,500 units to settle at $2.10, Knutsford Express declined 8 cents in trading of 2,268 units at $11.10, KLE Group closed trading of 20,000 units and gained 10 cents to end at $2.10, Limners and Bards lost 9 cents in trading of 771,984 units to finish at $3.05. Lasco Financial shed 28 cents in trading of 45,367 units at $5.15, Lasco Manufacturing lost 50 cents in trading of 285,009 units at $5.25, Main Event ended trading with 15,333 shares, after rising 70 cents to end at $7.70,  Paramount Trading ended with a loss of 1 cent at $1.69 with 150,390 stock units changing hands, Stationery and Office Supplies lost 1.60 cents in trading 2,672 shares to close at 11.40 cents and tTech closed trading of 610 units and gained 80 cents to end at $7.

Prices of securities trading for the day are those at which the last trade took place.

Mild slip for Junior Market – Friday

General Accident closed at an all-time high of $6.24.

The Junior Market of the Jamaica Stock Exchange dipped 6.52 points to close at 3,606.63 on Friday with 31 securities changing hands compared to 29 on Thursday as prices of more stocks fell than rose.
At the close of trading, the prices of 12 rising, 14 declining while 5 closed unchanged as investors exchanged 2,580,654 units valued at $14,035,405 compared to 3,905,180 units valued at $19,166,140 on Thursday, from an exchange of 32 securities.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks closing with higher bids than the last selling prices and 4 ending with lower offers.
Trading ended with an average of 83,247 units for an average of $452,755 in contrast to 134,661 units for an average of $660,901 on Thursday. The average volume and value for the month to date amounts to 253,861 units at $1,125,085 and previously 313,545 units at $1,245,996 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| Access Financial gained $1.20 to end at $43.20 with 10,000 stock units trading, AMG Packaging climbed 17 cents and exchanged 35,432 shares to end at $2.29, Blue Power declined 50 cents in trading of 37,213 units at $9.50. Caribbean Producers closed trading of 375,545 units with a gain of 5 cents to end at $4.65, Consolidated Bakeries dipped 8 cents in trading of 3,000 units at $1.92, Dolphin Cove exchanged 101,820 shares, after rising 5 cents to end at $12.05. Derrimon Trading closed 30 cents higher at $2.80, swapping 200 stock units, Express Catering ended market activity exchanging 205,935 shares to close at $6.45 after falling 5 cents. Everything Fresh ended with a loss of 1 cent at $1.40 with 321,826 stock units changing hands, Elite Diagnostic lost 60 cents trading 67,600 shares to close at $6.40. Fosrich shed 40 cents in trading of 63,480 units to settle at $5.40, Fontana exchanged 194,084 shares, after rising 15 cents to end at $8.20. General Accident traded 150,889 units and gained 25 cents to close at a record high of $6.24, GWest Corporation dipped 7 cents in swapping 5,023 units at $1.38, Honey Bun closed with a loss of 5 cents at $6.90, in trading 47,871 units, iCreate rose 8 cents and exchanged 12,723 shares at 89 cents. Indies Pharma lost 25 cents in trading of 38,751 units to settle at $3.35, ISP Finance dived $4 in trading 16,509 units to settle at $16, Jamaican Teas lost 24 cents trading 94,057 shares to close at $5.61. Jetcon Corporation ended trading 100,500 shares, after rising 53 cents to end at $2.50, Knutsford Express rose 3 cents to end at $11.18 trading 1,506 shares, Limners & Bards closed 19 cents higher at $3.20, with 195,125 stock units changing hands. Lasco Financial lost 10 cents trading 236,244 shares to close at $5.45, Medical Disposables ended trading with 10,000 shares, after rising 10 cents to end at $7.40, Stationery and Office Supplies exchanged 20,687 shares to close at $13 after falling 50 cents and tTech closed with a loss of 34 cents at $7 while exchanging 12,740 shares.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market dropped – Thursday

The Junior Market of the Jamaica Stock Exchange declined 31.95 points to close at 3,613.15 on Thursday with 29 securities changing hands compared to 33 on Wednesday as more stock fell than rose.
At the close of trading, the prices of 10 rising, 14 declining while 5 closed unchanged as investors exchanged 3,905,180 units valued at $19,166,140 compared to 5,331,350 units valued at $24,276,008 on Wednesday, from an exchange of 32 securities.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stock closing with a higher bid than the last selling price and 2 closing with lower offers.
Trading ended with an average of 134,661 units for an average of $660,901 in contrast to 161,556 units for an average of $735,637 on Wednesday. The average volume and value for the month to date amounts to 313,545 units at $1,245,996 and previously 274,536 units valued at $1,206,181 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| AMG Packaging gained 4 cents and closed at $2.12, with 361,100 stock units trading, Blue Power fell 2 cents in trading of 72,452 units in ending at $10, CAC 2000 shed 15 cents in trading of 2,990 units at $15, Dolphin Cove fell 5 cents in trading of 2,586 units to settle at $12. Derrimon Trading fell 28 cents in exchanging 160,660 units at $2.50. Everything Fresh closed trading of 55,600 units and gained 2 cents to end at $1.41, Elite Diagnostic closed trading of 33,763 units and gained 50 cents to end at $7. Fosrich closed trading of 67,887 units and gained 20 cents to end at $5.80, Fontana lost 5 cents in trading 343,632 shares to close at 8.05 cents. General Accident ended trading with 1,049,730 shares, after rising 14 cents to end at $5.99, Honey Bun closed trading of 14,014 units after rising 45 cents to end at $6.95. Indies Pharma lost 15 cents in trading 88,912 shares to close at $3.60, ISP Finance gained $1 to end at $20 with 1,889 stock units trading. Jamaican Teas lost 7 cents trading 42,167 shares to close at $5.85, Jetcon Corporation fell 3 cents trading of 87,318 units at $1.97. Limners and Bards dipped 29 cents in trading 318,261 units to finish at $3.01, Lasco Distributors dipped 11 cents trading 90,016 units at $3.45. Lasco Financial closed trading of 202,259 units and gained 13 cents to end at $5.55, Lasco Manufacturing close with a loss of 25 cents, in trading 217,376 shares to close at 5.50 cents, Medical Disposables dipped 30 cents trading of 987 units at $7.30, Paramount Trading exchanged 90,200 shares, after rising 10 cents to end at $1.70. Iron Rock Insurance closed with a loss of 35 cents at $4, in swapping of 280,948 shares, Stationery and Office Supplies closed trading of 22,410 shares, with a loss of 99 cents at $13.50 and tTech traded 7,306 units and gained 34 cents to end at $7.34.

Prices of securities trading for the day are those at which the last trade took place.

Sales up 24% in 2019 at Knutsford

One of Knutsford Express buses.

Jamaica’s cross-country luxury bus operators, Knutsford Express, saw strong growth in revenues for the year to May of 24 percent but net profits rose just 6 percent as the company’s new Florida operations took a bite out of local profits.
For the nine months to February, revenues were up 24 percent, with the February quarter showing a healthy increase of 22 percent. Revenues rose 22 percent from $249 million in the 2018 May quarter to end at $304 million, while revenues for the February quarter rose from $232 million to $286 million and for the full year, it rose from $926 million to $1.15 billion.
Profit rose just 6 percent from $178 million for the full year to $188 million for earnings per share of 38 cents. Resulting from the losses in the foreign operations, profit in the final quarter fell from $50 million in the 2018 May quarter, to $30 million in the same period this year. The company generated income of J$21 million and incurred a loss of J$25 million in the Florida operation that commenced in the February quarter. According to Managing director Oliver Townsend, “the Florida operation is a long term investment which we believe will come into its own in the second year of operations.” Townsend was responding to a query by IC Insider.com as to when this operation would break even.
Knutsford does not break out direct operational expenses, making it difficult to determine the gross profit generated by the company.

Knutsford’s New Kingston depot

In addition, the absence of that critical data makes it impossible for investors to measure the efficiency of the operations. Data extracted suggest it could be in the region of 40 percent. Overall expenses rose 28 percent to $963 million for the year with fuel rising 28 percent and labour cost 30 percent.
The company benefitted from the hub at Sangster Airport resulting in more foreign arrivals utilising the services, especially those journeying to and from Negril, the company reported.
Fixed assets grew to $733 million with additions of $406 million during the year, cash and short-term investments ended at $355 million with borrowings at $215 million and shareholders’ equity of $780 million.
Knutsford trades on the Junior Market and closed at $11.10 on Tuesday, with a PE of 29 based on historical earnings. IC Insider is forecasting profits in the current year to be in the region of 75 cents per share that would result in a PE of 15 and slightly above the Junior Market’s average of 13.

More recovery for Junior Market – Wednesday

The Junior Market of the Jamaica Stock Exchange jumped 46.09 points to close at 3,645.10 on Wednesday, as the market continues to recover from the 104 points fall up to Monday.
At the close of trading, 33 securities changed hands, resulting in the prices of 19 rising, 10 declining while 4 closed unchanged. Investors exchanged 5,331,350 units valued at $24,276,008 compared to 5,874,926 units valued at $26,569,202 on Tuesday, from an exchange of 32 securities.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 1 stock closing with a higher bid than the last selling price and 5 closing with lower offers.
Trading ended with an average of 161,556 units at $735,637 for each security traded, in contrast to 183,591 units for an average of $830,288 on Tuesday. The average volume and value for the month to date amounts to 274,536 units valued at $1,206,181 and previously 284,096 units valued at $1,245,996 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| AMG Packaging ended trading with 200 shares, after rising 7 cents to end at $2.08, Blue Power ended trading of 37,579 shares, after rising 70 cents to end at $12, Caribbean Cream declined 50 cents trading 10,000 units to close at $4.20. Caribbean Flavours closed trading of 1,052 units and gained 24 cents to end at $18.99, Caribbean Producers ended with a loss of 1 cent at $4.60 with 118,519 stock units changing hands, Consolidated Bakeries closed trading of 208,705 units and gained 10 cents to end at $2, Derrimon Trading shed 12 cents in trading of 62,033 units at $2.78. Everything Fresh closed trading of 35,087 units and gained 2 cents to end at $1.39. Elite Diagnostic dipped 50 cents in trading of 99,710 units at $6.50. Fosrich ended trading with 23,296 shares, after rising 10 cents to end at $5.60, Fontana closed 10 cents higher at $8.10, with 109,447 stock units trading. General Accident ended trading with 20,533 shares, after rising 66 cents to end at $5.85, GWest Corporation closed 5 cents higher at $1.45, with 179,656 stock units trading. Honey Bun declined 65 cents to settle at $6.50, in trading 77,900 shares, iCreate lost 9 cents in trading 115,034 units to end at 81 cents. Indies Pharma ended trading with 90,977 shares, after rising 30 cents to end at $3.75, Jamaican Teas closed trading of 245,137 units and gained 2 cents to end at $5.92. Jetcon Corporation closed 10 cents higher at $2, trading 281,758 stock units, Knutsford Express closed trading of 9,641 units and gained 5 cents to end at $11.15. Limners and Bards closed trading of 279,233 units and gained 10 cents to end at $3.30. Lasco Distributors closed 27 cents to end at $3.56, with 1,000,200 stock units changing hands, Lasco Financial closed trading of 62,465 units and gained 42 cents to end at $5.42, Lasco Manufacturing climbed 45 cents and exchanged 1,616,668 shares at $5.75, Medical Disposables climbed 10 cents and exchanged 100 shares at $7.60. Main Event lost 35 cents in trading 19,800 shares to close at $6.50, Paramount Trading fell 40 cents in trading 165,785 units to close at $1.60, Ironrock Insurance closed trading of 16,500 units and gained 35 cents to end at $4.35. Stationery and Office Supplies ended with a loss of 1 cent at $14.49 with 1,494 stock units changing hands and tTech closed with a loss of 30 cents at $7, after swapping of 4,400 shares.

Prices of securities trading for the day are those at which the last trade took place.

Big rise in Junior Market index – Tuesday

The Junior Market of the Jamaica Stock Exchange jumped 40.27 points to close at 3,599.01 on Tuesday, as the prices of 12 securities rose and 17 declined while 3 closed unchanged.
At the close of trading, 32 securities changed hands and resulted in an exchange of 5,874,926 units valued at $26,569,201. compared to 3,862,662 units valued at $14,411,672 on Monday from an exchange of 30 securities.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks closing with higher bids than their last selling prices and 2 that closed with lower offers.
Trading ended with an average of 183,591 units for an average of $830,288 in contrast to 128,755 units for an average of $480,389 on Monday. The average volume and value for the month to date amounts to 284,096 units valued at $1,245,996 and previously 293,080 units valued at $1,283,154 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| Access Financial gained $2 to end at $42 in trading 474 stock units, AMG Packaging fell 28 cents in trading of 155,000 units at $2.01, Blue Power ended trading with 34,911 shares, after rising 35 cents to end at $11.30, Caribbean Cream lost 59 cents in trading 241,833 shares to close at $4.70. Caribbean Flavours shed 24 cents in trading of 1,557 units at $18.75, Cargo Handlers gained $1 to end at $11 with 100 stock units trading, Caribbean Producers ended market activity exchanging 100,137 shares to close at $4.61 after falling 4 cents, Consolidated Bakeries ended trading with 64,895 shares, after rising 9 cents to end at $1.90. Express Catering closed trading of 473,595 units and gained 10 cents to end at $6.50, Everything Fresh declined 8 cents in exchanging 22,260 units in ending at $1.37, Elite Diagnostic ended trading with 173,867 shares, after rising 1 cent to end at $7. Fosrich closed 70 cents higher at $5.50, with an exchange of 33,246 stock units, Fontana lost 48 cents in trading 118,978 shares to close at $8. General Accident dipped 71 cents in trading of 107,220 units to close at $5.19, GWest Corporation closed 5 cents higher at $1.40, with 2,800 stock units trading, Honey Bun closed trading of 338,726 units and gained 65 cents to end at $7.15, iCreate lost 2 cents in trading of 68,475 units to close at 90 cents. Indies Pharma closed trading of 525,248 units and gained 5 cents to end at $3.45, Jamaican Teas lost 10 cents trading 237,066 units at $5.90. Jetcon Corporation closed 20 cents higher at $1.90, trading 74,860 stock units, Knutsford Express shed 5 cents trading 5,032 units to close at $11.10. KLE Group lost 29 cents trading 15,000 units at $2.01, Limners and Bards dipped 10 cents in trading of 1,928,642 units to end at $3.20, Lasco Distributors ended with a loss of 1 cent at 3.29 with 86,497 stock units changing hands, Lasco Financial lost 20 cents in trading 44,624 shares to close at $5. Lasco Manufacturing declined by 20 cents to settle at $5.30 in trading 936,497 shares. Main Event ended trading with 21,500 shares, after rising 35 cents to end at $6.85, Stationery and Office Supplies declined by 25 cents trading 15,920 units to close at $14.50 and tTech shed 5 cents in trading 100 units at $7.30.

Prices of securities trading for the day are those at which the last trade took place.

Heavy trading hits Junior Market on Friday

Junior Market stock trading.

Trading on the Junior Market of the Jamaica Stock Exchange saw a major jump in the volume and value of securities traded on Friday as 35 securities changed hands and 47,537,916 units valued $199,478,180 traded.
Some special one-off trades executed by Sagicor Investments boosted the volume traded on Friday’s by more than 700 percent, up from 5,865,706 units valued at $32,690,340 clearing the market from 32 stocks trading on Thursday.
At the close, The Junior Market Index declined 22.76 points to close at 3,589.32 following the rise of 14 securities and declined of 14 with 7 left unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks closing with higher bids than their last selling prices and 3 ending with lower offers.
Trading ended with an average of 1,358,226 units for $5,699,377 for each security traded, in contrast to 183,303 units for an average of $1,021,573 on Thursday. The average volume and value for the month to date amounts to 308,109 units valued at $1,356,578 and previously 182,669 units valued at $837,814 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| Access Financial lost 50 cents in trading 480 shares to close at $42.50, AMG Packaging traded 1,000 shares, after rising 14 cents to end at $2.22, Blue Power climbed 50 cents and exchanged 52,410 shares at $9.50. CAC 2000 ended trading with 100 shares, after rising 15 cents to close at $15.15, Caribbean Flavours exchanged 4,867 shares, after rising 10 cents to end at $20. Consolidated Bakeries closed with a loss of 48 cents swapping 5,000 shares to settle at $1.90, Derrimon Trading closed 6 cents higher at $2.96, with 9,602,973 stock units changing hands, Express Catering climbed 3 cents in exchanging 27,600 shares to close at $6.40. Everything Fresh dipped 19 cents in trading of 20,216 units at $1.44, Elite Diagnostic shed 27 cents in trading of 93,833 units and ended at $6.75. Fosrich lost 10 cents trading of 175,196 units to close at $4.70, Fontana climbed 15 cents and exchanged 165,350 shares at $8.40, General Accident closed 89 cents higher at $5.90, with 1,027,500 stock units trading, Honey Bun fell 29 cents and ended market activity exchanging 1,560,020 shares to close at $6.21. iCreate climbed 5 cents and exchanged 50,000 shares at 80 cents, Indies Pharma dipped 10 cents in trading of 5,827,287 units at $3.40. Iron Rock Insurance ended trading with 5,000,300 shares, after rising 40 cents to end at $4.50, ISP Finance closed with a loss of $2 at $19, in exchanging 5,202 shares, Jamaican Teas closed trading of 366,635 units and gained 40 cents to end at $6. Jetcon Corporation lost 22 cents in trading 315,384 shares to close at a 52 weeks’ low of $1.58, Knutsford Express climbed 5 cents and exchanged 1,000 shares at $11.15, Limners and Bards shed 5 cents in trading of 312,043 units at $3.15, Lasco Distributors ended trading with 7,326,848 shares, after rising 17 cents to end at $3.47. Lasco Financial closed with a loss of 76 cents at $4.74, as 602,100 shares changed hands, Medical Disposables ended market activity exchanging 42,151 shares to close at $7.30 after falling 16 cents. Main Event exchanged 28,570 units and gained 90 cents to end at $7, Stationery and Office Supplies fell 50 cents, trading 69,105 units to close at $15 and tTech dropped $1.44 in trading of 22,730 units to finish at $6.55.

Prices of securities trading for the day are those at which the last trade took place.

Big drop in Junior Market index – Thursday

At the close on Thursday, the Jamaica Stock Exchange Junior Market pulled back from the record high reached on Wednesday and indications at the close suggest more declines are likely on Friday.
The market index dropped 50.86 points to close at 3,612.08, but the fall is not a sign that the market is heading to 4,300 points before moving on to 5,000 that technical indicators point to.
Securities trading on the Junior Market dipped to 32 from 31 on Wednesday, as prices of 13 rose, 16 declined and 3 remained unchanged. For the second trading session, the IC bid-offer indicator was flashing negative signs for the Market for the following trading day.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks closing with higher bids than their last selling prices and 7 closed with lower offers.
Market activities resulted in an exchange of 5,865,706 units valued at $32,690,340 compared to 5,851,203 units valued at $22,568,503 trading on Wednesday.
The average trade for the day was 183,303 units for an average of $1,021,573 in contrast to 188,748 units for an average of $728,016 on Wednesday. The average volume and value for the month to date amounts to 182,669 units valued at $837,814 and previously 182,591 units valued at $815,284 for each security traded. July ended with an average of 138,412 units at $563,215 for each security traded.
Stocks ending with price changes| Access Financial lost 20 cents in trading of 5,621 units at $43, AMG Packaging declined by 17 cents in trading 71,500 units to close at $2.08, Blue Power closed trading of 69,292 units and gained 82 cents to end at $9, Caribbean Cream fell 60 cents in trading of 13,435 units at $4.60. Caribbean Producers closed trading of 10,448 units and gained 15 cents to end at $4.70, Express Catering closed with a loss of 12 cents at $6.37, in swapping 55,653 shares, Everything Fresh shed 7 cents in trading 14,800 units at $1.63, Elite Diagnostic fell 33 cents in trading of 113,448 units at $7.02. Fontana lost 25 cents in trading of 1,169,703 units in closing at $8.25, General Accident lost 58 cents in exchanging 1,036,720 units to end at $5.01, GWest Corporation closed 10 cents higher at $1.21, with 12,119 stock units trading, Honey Bun exchanged 119,616 shares, after rising 74 cents to end at $6.50. iCreate closed with a loss of 5 cents at 75 cents in swapping 82,674 shares, Indies Pharma shed 45 cents in trading of 78,680 units to settle at $3.50. ISP Finance jumped $5 to end at $21, trading 1,500 shares, Jamaican Teas exchanged 66,384 shares to close at $5.60 after falling 22 cents. Jetcon Corporation dipped 20 cents in trading of 75,436 units at $1.80, Knutsford Express fell 10 cents in trading of 500 units at $11.10. Limners and Bards traded 803,097 shares, after rising 10 cents to end at $3.20, Lasco Financial fell 50 cents in trading of 1,244,222 units at $5.50 after the company posted slightly lower first quarter profits, Lasco Manufacturing ended with a loss of 1 cent at $5.50 with 179,107 stock units changing hands. Stationery and Office Supplies fell 25 cents in trading of 17,150 units at $15.50 and tTech Limited climbed 49 cents in exchanging 166,068 shares at $7.99.

Prices of securities trading for the day are those at which the last trade took place.