JM closed at a new record, on its way to 4,300 points & possibly 5,000.
The Junior Market of the Jamaica Stock Exchange continued higher in trading on Wednesday with the index jumping 48.55 points to a record close of 3,662.94 as it moves to 4,300 points before heading to 5,000.
Securities trading on the Junior Market dipped to 31 from 33 on Tuesday, as prices of 17 rose, 18 declined and 6 remained unchanged. At the close IC bid-offer indicator was flashing negative signs for trading on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks closing with higher bids than their last selling prices and 8 stocks closing with lower offers.
Elite Diagnostic and Lasco Manufacturing ended trading at 52 weeks’ high while Lasco Financial traded at an intraday high of $7 but retreated to $6 at the close before the company posted slightly lower profit for the June quarter as interest cost and taxation reduced the slight improvement in operating profit flowing from 18 percent increased revenues. 
Market activities resulted in an exchange of 5,851,203 units valued at $22,568,503 compared to 6,250,912 units valued at $27,428,507 trading on Tuesday.
The average trade for the day was 188,748 units for an average of $728,016 in contrast to 189,422 units for an average of $831,167 on Tuesday. The average volume and value for the month to date amounts to 182,591 units valued at $815,284 and previously 181,761 units valued at $827,046 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 declined by 7 cents in trading 37,500 shares to settle at $2.25, Blue Power ended trading with 70,897 shares, after rising 18 cents to end at $8.18, Caribbean Cream closed trading of 20,321 units and gained 60 cents to end at $5.20. Cargo Handlers lost 10 cents in trading 5,000 shares to close at 11.40 cents, Caribbean Producers dipped 20 cents in trading of 60,530 units at $4.55, Dolphin Cove climbed 5 cents in exchanging 359 shares at $12.05, Express Catering exchanged 49,900 shares, after rising 14 cents to end at $6.49. Everything Fresh fell 10 cents in trading 13,778 units to end at $1.70, Elite Diagnostic closed 35 cents higher at $7.35, with 70,811 stock units trading, Fosrich traded 48,910 units and gained 10 cents to end at $4.80, General Accident ended trading with 5,000 shares, after rising 19 cents to close at $5.59. GWest Corporation lost 19 cents trading 113,035 units at $1.11, 
Honey Bun close with a loss of $1.24 at $5.76, after swapping 214,611 shares, iCreate fell 9 cents trading of 126,485 units to end at 80 cents. Indies Pharma closed 20 cents higher at $3.95, with 67,901 stock units trading, Jamaican Teas closed trading of 66,120 units and gained 2 cents to end at $5.82, Jetcon Corporation exchanged 1,494 units and gained 15 cents to end at $2. Limners and Bards climbed 10 cents in exchanging 3,761,358 shares at $3.10. Lasco Distributors climbed 10 cents in trading 7,008 shares at $3.30, Lasco Financial lost 40 cents and ended market activity with 130,949 shares changing hands to close at $6, Lasco Manufacturing jumped $1.06, in trading 423,416 shares to close at $6.50, Medical Disposables closed trading of 14,304 units and gained 52 cents to end at $7.46. Main Event climbed 8 cents and exchanged 8,152 shares at $6.10, Paramount Trading had an exchange of 26,300 shares, after rising 5 cents to end at $2 and tTech closed trading of 71,942 units and gained 5 cents to close at $7.50.
Prices of securities trading for the day are those at which the last trade took place.
Lasco Distributors lost 20 cents trading 282,673 units to close at $3.20, Lasco Financial dipped 15 cents with 31,200 units crossing the exchange at $6.40, Lasco Manufacturing declined 6 cents in exchanging 185,929 units to settle at $5.44. Medical Disposables lost 56 cents trading 11,000 shares to close at $6.94, Main Event fell 98 cents in exchanging 27,784 shares to close at $6.02. Paramount Trading closed with 25,000 units changing hands with a rise of 15 cents to end at $1.95, Stationery and Office Supplies climbed 6 cents and exchanged 11,042 shares to end at a record close of $15.75 and tTech Limited closed trading of 27,500 units and gained 52 cents to end at a 52 weeks’ high of $7.45.
iCreate closed trading of 72,000 units and gained 5 cents to end at 90 cents, Indies Pharma ended with a loss of 1 cent at $3.50 with 116,868 stock units changing hands, ISP Finance climbed $1.35 to settle at $15 with 5,000 shares changing hands, Jamaican Teas ended trading with 147,621 shares, after rising 40 cents to end at $6.40. Jetcon Corporation closed 15 cents higher at $1.95, with 32,690 stock units trading, Knutsford Express traded 590 shares and declined 80 cents to settle at $11.20, The Limners and Bards lost 50 cents to settle at $3 in trading 1,193,400 shares. Lasco Distributors fell 6 cents in trading of 794,236 units to end at $3.40, Lasco Financial exchanged 65,884 shares and rose 55 cents to end at $6.55, Lasco Manufacturing closed trading of 421,033 units with a gain of 25 cents to end at $5.50. Medical Disposables climbed 50 cents and exchanged 6,500 shares at $7.50, Main Event ended trading with 40,125 shares, after rising 50 cents to end at $7 and Stationery and Office Supplies gained $1.89 to end at an all-time closing high of $15.69 with 40,390 stock units Changing hands.
The average volume and value for the month to date amounts to 181,805 units valued at $823,437 for each security and previously 195,575 valued at $871,008 for each security traded. July ended with an average of 138,412 units with a value of $563,215 for each security traded.
GWest Corporation ended trading of 64,760 shares, after rising 6 cents to close at $1.40, Honey Bun climbed 60 cents and exchanged 464,000 shares at $6. Indies Pharma lost 41 cents in trading 151,509 shares to close at $3.30 after trading at 52 weeks’ intraday high of $4.10, Jamaican Teas declined $1.10 trading of 172,919 units to close at $6.85, Limners and Bards ended market activity exchanging 1,029,798 shares to close at $3.70 after falling 24 cents. Lasco Distributors closed 29 cents higher at $3.75, with 557,503 stock units trading, Medical Disposables climbed $1 to settle at $8 with 17,000 shares changing hands. Main Event fell 50 cents trading of 48,978 units at $6.50 and tTech closed trading of 53,772 units and gained 50 cents to end at $6.50 after investors responded positively to half-year results showing a 62 percent rise in the second-quarter results to $15.7 million.
The record-breaking run by the Junior Market of the Jamaica Stock Exchange was halted, in trading on Wednesday, with the market index declining 28.31 points to close at 3,540.54 for the first fall in 12 days.
July ended with an average of 138,412 units with a value of $563,215 for each security traded.
Jetcon Corporation climbed 4 cents in exchanging 2,287 shares at $2. Knutsford Express settled at $12 with 2,653 shares changing hands, Limners and Bards added 4 cents and exchanged 4,245,953 shares to end at a record close of $3.94. Lasco Distributors rose 31 cents trading 62,793 shares to close at $3.46, Lasco Financial closed trading of 192,840 units and gained 53 cents to end at 52 weeks’ high of $6.50, Lasco Manufacturing climbed 76 cents in exchanging 880,251 shares to end at a 52 weeks’ closing high of $5.16. Medical Disposables ended trading of 32,090 shares, after rising $1.80 to end at $7 after the company reported slightly lower profit in the first quarter, to June. Main Event ended market activity exchanging 7,360 shares to close at $7 after falling 84 cents, Paramount Trading shed 40 cents trading of 2,000 units to close at $1.80, and Stationery and Office Supplies closed trading of 2,664 units and shed 59 cents to end at $12 and tTech settle at $6 with 43,529 shares changing hands. 
General Accident closed trading of 100,100 units and gained 50 cents to end at a 52 weeks’ high of $5.40, iCreate closed 10 cents higher at 80 cents, with 72,719 stock units trading, Indies Pharma dipped 9 cents in trading of 439,404 units at $3.21, Iron Rock Insurance shed 5 cents in trading of 23,919 units at $4. Infrequently traded ISP Finance dropped $2.15 in trading of 26,659 units at $11.50, Jamaican Teas lost 26 cents in trading of 220,533 units at $7, Jetcon Corporation climbed 3 cents in exchanging 61,340 shares at $1.96. Limners and Bards climbed 15 cents and exchanged 2,638,421 shares to end at a record close of $3.90. Lasco Distributors lost 25 cents trading 135,609 shares to close at $3.15, Lasco Financial closed trading of 129,841 units and gained 47 cents to end at 52 weeks’ high of $5.97, Lasco Manufacturing climbed 15 cents in exchanging 125,484 shares at $4.40, Medical Disposables ended trading 100 shares, after rising 80 cents to end at $8.80. Main Event ended market activity exchanging 6,210 shares to close at $7.84 after falling 11 cents, Paramount Trading shed 18 cents in trading of 15,000 units to close at $2.20, and Stationery and Office Supplies closed trading of 386 units and gained 39 cents to end at $12.59.
Jetcon Corporation climbed 23 cents to settle at $1.93 with 103,043 shares trading, Knutsford Express shed 50 cents to end at $12 with an exchange of 2,643 stock units, Key Insurance dropped 65 cents to settle at $3.25 with 200 shares changing hands, Limners and Bards gained 60 cents to end at record close of $3.75 with 3,292,680 stock units trading. Lasco Distributors added 7 cents to end at $3.40, trading 48,900 stock units. Lasco Financial rose 35 cents to $5.50, in trading 83,035 shares, Lasco Manufacturing inched 5 cents higher to settle at $4.25 with 306,360 shares changing hands, Main Event climbed 95 cents to end at $7.95, trading 50,790 shares, Medical Disposables gained 50 cents to end at $8 with 18,200 stock units trading. Paramount Trading fell 2 cents to $2.38, trading 102,000 shares, Iron Rock Insurance rose 5 cents to settle at $4.05 with 23,679 shares changing hands, Stationery and Office Supplies fell 45 cents to end at $12.20, in trading 17,920 shares and tTech closed at $6, trading 145,900 shares.
and Stationery and Office Supplies closed at a record high of $12.65.
Stocks ending with price changes| AMG Packaging lost 8 cents in trading 89,430 shares to close at $2.27, Blue Power declined $1.20 in trading of 57,206 units to close at $13, Caribbean Cream exchanged 161 stock units and rose 29 cents higher to $5.29, Caribbean Flavours climbed 4 cents exchanging 1,778 shares at $16.10. Cargo Handlers lost 95 cents in trading of 200 units at $10, Caribbean Producers closed 1 cent higher at $4.80, with 52,587 stock units trading, Caribbean Producers ended trading with 52,587 shares, after rising 1 cent to end at $4.80, Consolidated Bakeries ended trading with 42,456 shares, after rising 11 cents to end at $2.20. Dolphin Cove ended trading with 1,200 shares, after rising 5 cents to close at $12.05, Express Catering climbed 25 cents and exchanged 242,715 shares to close at $6.50. Everything Fresh ended trading of 44,175 shares, after rising 11 cents to end at $1.31, Elite Diagnostic closed 5 cents higher at $5.70, with 252,600 stock units trading. Fosrich Group dipped 26 cents in trading of 32,841 units to end at $4.70, Fontana closed trading of 335,330 units and gained 25 cents to end at $8.75, GWest Corporation ended with a loss of 1 cent at $1.54 with 38,657 stock units changing hands, Indies Pharma lost 10 cents in trading of 69,350 units at $3.10. Jamaican Teas closed trading of 49,450 units and gained 65 cents to end at record closing high of $5.65, 
Knutsford Express climbed $1.52 to settle at $12.50 with 340,610 shares changing hands, Limners and Bards climbed 15 cents and exchanged 5,684,628 shares to end at a record closing high of $3.15. Lasco Distributors climbed 18 cents trading 513,676 shares to end at $3.33, Lasco Financial closed trading of 6,941,822 units and climbed 55 cents to end at $5.15, Lasco Manufacturing lost 15 cents in trading 50,166 units to close at $4.20. Iron Rock Insurance closed with a loss of 10 cents at $4, in swapping 59,344 shares, Stationery and Office Supplies gained $1.25 to end at a record high of $12.65, in trading 1,154 stock units and tTech ended trading of 10,410 shares, after rising 10 cents to close at $6.
Lasco Financial ended trading with 1,427,673 shares, after rising 1 cent to end at $4.60. Lasco Manufacturing ended trading 133,549 shares, after rising 15 cents to end at $4.35, Limners and Bards closed 85 cents higher at $3, with 9,233,651 stock units trading, Medical Disposables ended trading of 11,800 shares, after rising 50 cents to end at $7.50, Main Event lost 35 cents in trading of 5,000 units at $7. Paramount Trading closed trading of 1,000 units and gained 10 cents to end at $2.40, Iron Rock Insurance closed trading of 7,046 units and gained 20 cents to end at $4.10. Stationery and Office Supplies declined 80 cents to settle at $11.40 after trading 5,000 shares, Sweet River ended trading with 4,000 shares, after rising 19 cents to end at $2.75, tTech ended trading of 19,690 shares, after rising 70 cents to end at $5.90.
June ended with an average of 166,169 units at $674,841 for each security traded.
Honey Bun lost 75 cents in trading of 31,241 units to end at $5.30, Indies Pharma closed 4 cents higher at $3.06, with 35,000 stock units trading, Jamaican Teas dipped 25 cents in trading of 2,059,280 units to end at $4.75, after trading at a 52 weeks’ high of $5.99 earlier. Jetcon Corporation closed 5 cents higher at $1.95, with 58,152 stock units trading, Limners and Bards traded 69,589 units and gained 85 cents to end at a record of $2.15 after trading at an intraday high of $2.40, Lasco Financial ended with a loss of 1 cent at $4.59 with 1,564,185 stock units changing hands. Lasco Manufacturing close with a loss of 5 cents at $4.20, in swapping 100,663 shares, Main Event lost 64 cents in trading of 12,141 units at $7.35. Paramount Trading closed 30 cents higher at $2.30, with 500 stock units trading, Stationery and Office Supplies gained $1.20 to end at a record close of $12.20, trading 2,268 shares and tTech declined 30 cents in trading of 5,000 units at $5.20.