Elite Diagnostics dominates trading with 84%

February 22, 2018 by

Elite Diagnostics accounted for 84.4% of Thursday’s Junior Market trading.

Recently listed Elite Diagnostics accounted for just over 84 percent of volume of stocks trading resulting from 6,672,725 units, up from 2,520,373 shares that were exchanged on the Junior Market, on Wednesday.
The market closed on Thursday with 18 securities changing hands, resulting in an exchange of 7,902,138 units valued at $25,165,370 compared to 4,892,740 units valued at $17,902,241 on Wednesday.
The Junior Market index advanced 24.40 points to close at 2,915.69 as the prices of 4 securities advanced, 6 declined and 8 remained unchanged.
Trading ended with an average of 439,008 units for an average of $1,398,076 down from an average of 212,728 units for an average of $778,358 on Wednesday. An average of 291,636 units at an average value of $1,681,793 traded, and previously 282,425 units at an average of $1,699,526. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending with the bid higher than the last selling price and 3 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 5 cents at $2.05, with 302,021 stock units, CAC 2000 finished with a loss of 99 cents at $9, with 13,372 shares, Cargo Handlers settled at $10.90, with 2,000 shares, Caribbean Cream ended trading at $5.99, with 109,883 shares, Elite Diagnostic settled with a loss of 2 cents at $3.01, with 6,672,725 units. Eppley ended trading at $10.50, with 1,356 shares, Express Catering traded 10 cents higher at $4.70, with 22,638 shares, FosRich Group finished trading 10 cents higher at $2.60, with 208,907 shares, Honey Bun concluded trading with a loss of 12 cents at $5.13, with 92,847 shares. Iron Rock finished at $3, with 2,099 shares, KLE Group closed at $2.30, with 60,000 shares, Knutsford Express ended $1.90 higher at $15, with 300 shares, Lasco Distributors concluded trading at $4.40, with 80,604 stock units. Lasco Financial finished at $5, with 170,459 units, Lasco Manufacturing settled 3 cents higher at $4.43, with 57,395 shares, Main Event ended trading with a loss of 50 cents at $6, with 22,170 shares, Stationery and Office closed at $5.06, with 34,000 units and tTech concluded trading with a loss of 40 cents at $5, with 49,362 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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

Elite Diagnostics shares jump 52%

February 21, 2018 by

Heavily oversubscribed Initial Public Issue, Elite Diagnostics rose $1.03 for a 52 percent gain from the IPO price, to close at $3.03 after trading as high as $3.40, as a total of 2,520,373 shares were exchanged on the Junior Market, on Wednesday.
Elsewhere, GWest dropped to $2.50 following investors’ reaction to the results for the December quarter that showed a loss of $48 million and $76 million for the nine months. The results are in line with the company’s forecast in the prospectus of $111 million for the full year so it is interesting that investors are now reacting negatively to the numbers after they traded in heavy volumes after it listed in December as high as $4. GWest closed with a weak bid to buy just 5,000 units at $2.16.

GWest dropped to $2.50 after reporting a loss for the nine months to December.

Caribbean Cream traded at a 52 weeks’ low of $4.65 but stockbroker, Stocks and Securities posted a bid to 6.4 million units at $5.99 and the price moved up to close at $5.99.  Unconfirmed report is that the company is in takeover talks for an entity that is in similar field to it.
The Junior Market index advanced 7.61 points to close at 2,891.29 on Wednesday, as the prices of 9 securities advanced, 7 declined and 7 remained unchanged.
The market closed with 23 securities changing hands compared to 18 securities trading on Tuesday, but the level of trading fell sharply with just 4,892,740 shares valued at $17,902,241 trading, with 24,250,087 shares valued at $100,904,262 securities changing hands.
Trading ended with an average of 212,728 units for an average of $778,358 down from an average of 1,347,227 units for an average of $5,605,792 on Tuesday. An average of 282,425 units, averaging $1,699,526 traded, and previously 806,402 units at an average value of $1,779,476. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with the bid higher than the last selling price and 4 with lower offers.
At the close of the market, Access Financial closed with a loss of 2 cents at $45, trading 5,000 shares, AMG Packaging ended at $2.10, with 205,479 stock units, Blue Power concluded trading $1.02 higher at $34.87, with 10,000 units, CAC 2000 finished at $9.99, with 1,863 shares, Cargo Handlers settled at $10.90, with 3,027 shares. Caribbean Cream ended trading $1.09 higher at $5.99, with 195,881 shares, Derrimon Trading concluded trading 15 cents higher at $7.15, with 1,000 shares, Eppley settled at $10.50, with 300 units, FosRich Group traded with a loss of 1 cent at $2.50, with 327,958 shares. General Accident finished trading 5 cents higher at $2.85, with 163,298 shares, GWest Corporation closed with a loss of 24 cents at $2.50, with 5,400 stock units, Honey Bun ended at $5.25, with 14,273 units, Jamaican Teas settled at $4.50, with 1,444 shares. Jetcon Corporation ended trading at $4.60, with 100 stock units, Knutsford Express closed at $13.10, with 4,285 shares, Lasco Distributors ended with a loss of 10 cents at $4.40, with 1,232,072 shares, Lasco Financial concluded trading with a loss of 20 cents at $5, with 19,707 stock units. Lasco Manufacturing finished with a loss of 5 cents at $4.40, with 66,248 units, Main Event settled 74 cents higher at $6.50, with 4,899 shares, Stationery and Office finished trading with a loss of 34 cents at $5.06, with 96,695 stock units and tTech ended 40 cents higher at $5.40, with 11,507 shares. In the junior market preference segment, Eppley 9.5% concluded trading 5 cents higher at $7.25, with 1,931 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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

Elite list on Junior Market but no trade – Tuesday

February 20, 2018 by

Elite Diagnostics fresh from a recent initial Public Issue that was heavily oversubscribed failed to record a trade at the close of the market on Tuesday but investors put through trades in the market up to $3.30 with 391,447 shares which were canceled at the close.
Elite can trade up to $3.38 on Wednesday. At the end of trading, the stock close with bids to buy 2.95 million shares at $2.60, 30 percent higher than the IPO price of $2. Elsewhere, Caribbean Producers traded 20 million shares at $4.30 and Iron Rock Insurance traded 3.9 million units at $3 on a day of heightened volume.
The Junior Market index advanced 11.92 points to close at 2,883.68 on Tuesday, as the prices of 5 securities advanced, 8 declined and 5 remained unchanged.
The market closed with 18 securities changing hands, resulting in 24,250,087 shares valued at $100,904,262 trading, compared to 20 securities trading on Monday with 6,699,330 shares valued at $22,327,925 securities changing hands.
Trading ended with an average of 1,347,227 units for an average of $5,605,792 in contrast to an average of 334,967 units averaging $1,116,396 on Monday. An average of 806,402 units at an average value of $1,779,476 traded, and previously 211,318 units at an average value of $1,500,635. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with the bid higher than the last selling price and 3 with lower offers.
At the close of the market, Blue Power concluded trading 84 cents higher at $33.85, with 140 units, Caribbean Cream ended trading with a loss of 10 cents at $4.90, with 711,797 shares, Caribbean Flavours traded with a loss of 1 cent at $10.89, with 2,700 stock units, Caribbean Producers finished trading with a loss of 10 cents at $4.30, with 20,002,400 units, Dolphin Cove finished 85 cents higher at $16.85, with 3,868 stock units. FosRich Group traded 1 cent higher at $2.51, with 19,710 shares, General Accident finished trading at $2.80, with 10,450 shares, GWest Corporation closed at $2.74, with 1,540 stock units, Honey Bun ended at $5.25, with 9,227 units. Iron Rock concluded trading at $3, with 3,192,000 shares, Jetcon Corporation ended trading at $4.60, with 300 stock units, Knutsford Express closed with a loss of 1.90 cents at $13.10, with 3,330 shares, Lasco Distributors ended 15 cents higher at $4.50, with 39,144 shares. Lasco Financial concluded trading with a loss of 5 cents at $5.20, with 39,231 stock units, Lasco Manufacturing finished 75 cents higher at $4.45, with 76,794 units, Main Event settled with a loss of 4 cents at $5.76, with 42,810 shares, Stationery and Office finished trading with a loss of 11 cents at $5.40, with 56,198 stock units and tTech ended with a loss of 60 cents at a 52 weeks’ low at $5, with 38,448 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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

Junior Market in sharp drop – Monday

February 19, 2018 by

CAC closed at a new high on Monday.

The Junior Market suffered a sharp 2 percent drop with the index shedding 59.56 points to close at 2,871.76 on Monday, as the prices of 7 securities advanced, 9 declined and 4 remained unchanged.
The market closed with 20 securities changing hands, resulting in 6,699,330 shares valued at $22,327,925 trading, compared to 8 securities trading on Friday with 3,826,595 shares valued at $11,225,879 securities changing hands.
Trading ended with an average of 334,967 units for an average of $1,116,396 in contrast to 212,589 units for an average of $582,881 on Friday. An average of 211,318 units at an average value of $1,500,635 traded, and previously 200,424 units at an average value of $1,534,489. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with the bid higher than the last selling price and 3 with lower offers.
The market will have Elite Diagnostics trading for the first time on Tuesday, following the heavy over subscription of the Initial public issue.
At the close of the market, AMG Packaging ended 10 cents higher at $2.10, with 3,023,130 stock units, Blue Power dropped 79 cents to end trading at $33.01, with 3,500 units, CAC 2000 gained 94 cents to close at an all time high of $9.99, with 935 shares, Cargo Handlers settled at $10.90, with 1,000 shares, Caribbean Cream ended trading with a loss of 20 cents at $5, after 3,715 shares changed hands. Caribbean Producers finished trading 20 cents higher at $4.40, with 1,280 units, Derrimon Trading fell 50 cents to $7, with 8,337 shares, Dolphin Cove finished with a loss of $2.50 at $16, and 6,835 stock units traded, Express Catering fell 10 cents to $4.60, with 10,000 shares. FosRich Group traded with a loss of 10 cents at $2.50, with 5,621 shares, General Accident finished down 4 cents at $2.80, with 101,661 shares, GWest Corporation closed 4 cents higher at $2.74, with 551 stock units, Honey Bun ended at $5.25, with 67,143 units. Jetcon Corporation ended trading at $4.60, with 218,429 stock units, Knutsford Express closed $2 higher at $15, with 617 shares, Lasco Distributors ended with a loss of 17 cents at $4.35, with 83,262 shares, Lasco Financial concluded trading at $5.25, with 43,680 stock units. Lasco Manufacturing finished with a loss of 80 cents at $3.70, with 3,010,717 units, Main Event rose 4 cents to close at $5.80, with 5,909 shares and Stationery and Office finished trading 31 cents higher at $5.51, with 103,008 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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

Junior Market rose modestly on Friday

February 16, 2018 by

Trading on the Junior Market of the Jamaica Stock Exchange ended with the prices of 9 securities advancing, 4 declining and 5 remaining unchanged leading to the market Index advancing 5.72 points to 2,941.32.
The market closed with 18 securities changing hands, resulting in 3,826,595 shares valued at $11,225,879 trading, compared to 21 securities trading on Thursday with 4,506,090 shares valued at $11,225,879 securities changing hands.
Trading ended with an average of 212,589 units for an average of $582,881 in contrast to 214,576 units for an average of $434,566 on Thursday. An average of 200,424 units at an average value of $1,534,489 traded, and previously 199,377 units at an average value of $1,616,445. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ending with the bid higher than the last selling price and 4 with lower offers.
At the close of the market, Access Financial closed 1 cent higher at $45.02, with 18,500 shares, AMG Packaging ended at $2, with 3,056,419 stock units trading, Cargo Handlers settled at $10.90, with 974 shares, Derrimon Trading concluded trading 38 cents higher at $7.50, with 6,441 units, Express Catering ended trading 10 cents higher at $4.70, with 67,234 shares. FosRich Group traded 10 cents higher at $2.60, with 1,300 stock units, General Accident finished trading with a loss of 1 cent at $2.84, with 193,992 shares, GWest Corporation closed with a loss of 5 cents at $2.70, with 109,788 stock units, Honey Bun ended 15 cents higher at $5.25, with 28,443 units. Iron Rock concluded trading at $3, with 110,000 shares, Jamaican Teas settled at $4.50, with 14,330 shares, Jetcon Corporation ended trading 39 cents higher at $4.60, with 10,502 stock units, Knutsford Express closed with a loss of 50 cents at $13, with 1,000 shares. Lasco Distributors ended 6 cents higher at $4.52, with 66,915 shares, Lasco Financial concluded trading 4 cents higher at $5.25, with 4,590 stock units, Lasco Manufacturing finished at $4.50, with 36,296 units, Main Event settled with a loss of 34 cents at $5.76, with 4,667 shares and Stationery and Office finished trading 20 cents higher at $5.20, with 95,204 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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

Junior Market gained on Thursday

February 15, 2018 by

AMG Packaging traded 3,571,405 stock units

Trading on the Junior Market of the Jamaica Stock Exchange ended with the prices of 7 securities advanced, 11 declined and 3 remained unchanged and the Market Index advancing 25.21 points to close at 2,925.60.
The market closed with 21 securities changing hands, resulting in 4,506,090 shares valued at $11,225,879 trading, compared to 18 securities trading on Tuesday with 11,208,712 units valued at $124,643,001 securities changing hands.
Trading ended with an average of 214,576 units for an average of $434,566 in contrast to 622,706 units for an average of $6,924,611 on Tuesday. An average of 199,377 units at an average value of $1,616,445 traded, and previously 197,679 units at an average value of $1,737,294. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with the bid higher than the last selling price and 4 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 50 cents at $2, with 3,571,405 stock units trading, Blue Power fell 20 cents to $33.80, with 114 units, Cargo Handlers settled at $10.90, with 4,345 shares, Caribbean Producers finished trading with a loss of 27 cents at $4.20, with 100,000 units changing hands, Dolphin Cove finished $1.50 higher at $18.50, with 200 stock units. Eppley settled with a loss of $2.02 at $10.50, with 17,000 units, Express Catering ended trading at $4.60, with 107,000 shares, FosRich Group traded with a loss of 5 cents at $2.50, with 78,106 shares, General Accident finished trading 5 cents higher at $2.85, with 101,500 shares. GWest Corporation closed with a loss of 15 cents at $2.75, with 422 stock units, Honey Bun ended with a loss of 30 cents at $5.10, with 31,804 units trading, Jamaican Teas settled with a loss of 10 cents at $4.50, with 10,170 shares, Jetcon Corporation ended trading at $4.21, with 44,795 stock units. Key Insurance traded 20 cents higher at $4, with 79,101 units after the company posted improved full year results. KLE Group finished trading 10 cents higher at $2.30, with 5,000 shares, Knutsford Express closed $1.50 higher at $13.50, with 300 shares, Lasco Distributors ended with a loss of 4 cents at $4.46, with 26,620 shares. Lasco Financial concluded trading 11 cents higher at $5.21, with 26,133 stock units, Lasco Manufacturing finished at $4.50, with 106,231 units, Stationery and Office finished trading 50 cents higher at $5, with 195,555 stock units trading as demand climbed for the stock following days of little buying interest and tTech ended with a loss of 40 cents at $5.60, with 289 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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

Knutsford Express trades 10M shares drops $3

February 13, 2018 by

Knutsford Express traded just over 10 million shares on Tuesday.

Trading on the Junior Market of the Jamaica Stock Exchange on Tuesday had a big jump in the volume and value of shares as Knutsford Express exchanged 10 million shares and dropping $3 in pushing total for the market to 11,208,712 units valued at $124,643,001.
The market closed with 18 securities changing hands, compared to on Monday also with 18 securities trading leading to 1,064,473 units valued at $4,105,299 securities changing hands.
The Junior Market Index declined by 26.14 points to close at 2,900.39 with the prices of 7 securities rising, 8 declining and 3 remaining unchanged.
Trading resulted in an average of 622,706 units for an average of $6,924,611 trading, in contrast to 59,137 units for an average of $228,072 on Monday. An average of 197,679 units at an average value of $1,737,294 traded, and previously 152,676 units at an average value of $1,188,048. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with the bid higher than the last selling price and 6 with lower offers.
At the close of the market, Access Financial closed at $45.01, with 2,000 shares, AMG Packaging climbed 45 cents and closed at $2.50, with 875,948 stock units trading, Cargo Handlers settled 40 cents higher at $10.90, with 700 shares, Caribbean Cream ended trading with a loss of 50 cents at $5.20, with 1,500 shares, Caribbean Producers finished trading with a loss of 3 cents at $4.47, with 8,000 units. Dolphin Cove finished 50 cents higher at $17, with 25,000 stock units, Express Catering ended trading with a loss of 8 cents at $4.60, with 5,085 shares, FosRich Group traded 25 cents higher at $2.55, with 11,023 shares, General Accident finished trading with a loss of 7 cents at $2.80, with 2,000 shares. Knutsford Express closed with a loss of $3 at $12, with 10,074,564 shares, Lasco Distributors ended at $4.50, with 4,610 shares, Lasco Financial concluded trading with a loss of 10 cents at $5.10, with 102,601 stock units, Lasco Manufacturing finished 33 cents higher at $4.50, with 18,431 units. Main Event settled 39 cents higher at $6.10, with 23,985 shares, Paramount Trading traded at $3.10, with 20,000 shares, Stationery and Office finished trading with a loss of 31 cents at $4.50, with 4,000 stock units and tTech ended at $6, with 28,965 shares. In the junior market preference segment, Eppley 9.5% concluded trading with a loss of 9 cents at $7.80, with a mere 300 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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

Junior Market up in modest trading

February 12, 2018 by

In a moderate trading on Monday, the Junior Market closed with a modest rise in the Index of 25.47 points to close at 2,926.53 with just 18 securities changing hands versus 22 on Friday.
At the close of market activities, the prices of 6 securities advanced, 8 declined and 4 remained unchanged. Trading resulted in an exchange of 1,064,473 units valued at $4,105,299 compared to 1,088,888 units valued at $5,102,530 on Friday.
Trading ended with an average of 59,137 units for an average of $228,072 in contrast to 49,495 units for an average of $231,933 on Friday. An average of 152,676 units at an average value of $1,188,048 traded, and previously 163,753 units at an average value of $1,301,730. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with the bid higher than the last selling price and 6 with lower offers.
At the close of the market, Access Financial closed at $45.01, with 8,000 shares, AMG Packaging closed 5 cents higher at $2.05, with 16,500 shares, Cargo Handlers finished at $10.50, with 2,300 shares, Caribbean Cream settled at $5.70, with 28,113 shares, Caribbean Producers traded with a loss of 10 cents at $4.50, exchanging 82,670 stock units, Consolidated Bakeries finished trading with a loss of 22 cents at $1.78, with 2,014 units. Express Catering settled at $4.68, with 13,733 stock units, FosRich Group traded 552,833 shares and lost 40 cents to close at $2.30, the lowest price since it listed but still above the IPO price of $2. General Accident traded 2 cents higher at $2.87, with 105,000 shares, Honey Bun closed 28 cents higher at $5.40, with 28,319 stock units. ISP Finance concluded trading with a loss of $2.08 at $10, with 24,312 shares, Jamaican Teas finished with a loss of 5 cents at $4.60, with 1,240 shares, Knutsford Express finished trading 49 cents higher at $15, with 1,000 shares, Lasco Distributors closed with a loss of 45 cents at $4.50, with 28,886 shares. Lasco Financial ended 1 cent higher at $5.20, with 31,570 shares, Lasco Manufacturing concluded trading with a loss of 23 cents at $4.17, with 130,459 stock units, Paramount Trading ended trading at $3.10, with 1,024 shares and tTech closed 60 cents higher at $6, with 6,500 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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

Junior Market index gains modestly

February 9, 2018 by

The Junior Market index closed trading on Friday with a modest rise in the Index of 15.60 points to 2,901.06 with 22 securities changing hands versus 21 on Thursday.
At the close of market activities, the prices of 7 securities advanced, 11 declined and 4 remained unchanged. Trading resulted in an exchange of 1,088,888 units valued at $5,102,530 compared to 3,844,782 units valued at $15,082,949 on Thursday.
Trading ended with an average of 49,495 units for an average of $231,933 in contrast to 183,085 units for an average of $718,236 on Thursday. An average of 163,753 units at an average value of $1,301,730 traded, and previously 183,089 units at an average value of $1,482,772. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with the bid higher than the last selling price and 3 with lower offers.
At the close of the market, Access Financial closed $2.25 higher at $47.40, with 2,050 shares, AMG Packaging ended with a loss of 5 cents at $2, with 150,822 stock units, Caribbean Cream ended trading with a loss of 50 cents at $5.70, with 4,375 shares, Caribbean Producers finished trading 40 cents higher at $4.60, with 40,875 units, Consolidated Bakeries closed at $2, with 2,500 shares. Derrimon Trading concluded trading 12 cents higher at $7.12, with 18,238 shares, Dolphin Cove finished with a loss of 50 cents at $16.50, with 1,920 stock units, Express Catering ended trading with a loss of 3 cents at $4.68, with 29,407 shares, FosRich Group traded at $2.70, with 163,869 shares. General Accident finished trading 5 cents higher at $2.85, with 22,523 shares, GWest Corporation closed with a loss of 10 cents at $2.90, with 41,331 stock units, Jamaican Teas settled 5 cents higher at $4.65, with 287 shares, Jetcon Corporation ended trading with a loss of 39 cents at $4.21, with 24,269 stock units. Key Insurance traded with a loss of 20 cents at $3.80, with 9,994 units, Knutsford Express closed 51 cents higher at $14.51, with 77,705 shares, Lasco Financial concluded trading 9 cents higher at $5.19, with 96,182 stock units, Lasco Manufacturing finished with a loss of 5 cents at $4.40, with 376,865 units. Main Event settled with a loss of 76 cents at $5.71, with 3,000 shares, Medical Disposables ended trading at $5, with 2,861 shares, Paramount Trading traded with a loss of 5 cents at $3.10, with 3,536 shares, Stationery and Office finished trading with a loss of 19 cents at $4.81, with 11,279 stock units and tTech ended at $5.40, with 5,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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

Junior Market falls for 3rd day

February 8, 2018 by

Lasco Distributors traded nearly 2 million shares after the company released profit up 237% for the December quarter on flat revenues.

The Junior Market index fell for the third time in 11 days at the close of trading on Wednesday. The Index dropped 41.38 points to close at 2,885.46 with 21 securities changing hands versus 22 on Wednesday.
At the close of market activities, the prices of 8 securities advanced, 9 declined and 4 remained unchanged. Trading resulted in an exchange of 3,844,782 units valued at $15,082,949 compared to 4,135,642 units valued at $14,508,179 on Wednesday. Volume was swollen by General Accident with just over 1 million units and Lasco Distributors with 1,953,030 shares.
Trading ended with an average of 183,085 units for an average of $718,236 in contrast to 187,984 units, for an average of $659,463 on Wednesday. An average of 183,089 units at an average value of $1,482,772 traded, and previously 183,090 units, at $1,630,068. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ending with the bid higher than the last selling price and 5 with lower offers.
At the close of the market, Access Financial closed 15 cents higher at $45.15, with 989 shares, Blue Power concluded trading with a loss of $1 to end at $34, with 3,544 units changing hands, CAC 2000 finished 35 cents higher at a 52 weeks’ high of $9.05, with 2,142 shares, Caribbean Flavours traded with a loss of 10 cents at $10.90, with 5,154 stock units, Caribbean Producers finished trading at $4.20, with 16,464 units. C2W Music ended with a loss of 9 cents at $0.51, with 7,000 shares, Derrimon Trading concluded trading with a loss of 50 cents at $7, with 7,000 shares, Eppley settled 2 cents higher at $12.52, with 1,100 units, FosRich Group traded at $2.70, with 150,482 shares. General Accident finished trading with a loss of 19 cents at $2.80, with 1,008,000 shares, GWest Corporation closed with a loss of 1 cent at $3, with 30,279 stock units, Honey Bun ended 2 cents higher at $5.12, with 16,000 units, Jamaican Teas settled at $4.60, with 3,209 shares. Jetcon Corporation ended trading 40 cents higher at $4.60, with 11,100 stock units, Knutsford Express closed with a loss of 40 cents at $14, with 51,800 shares, Lasco Distributors ended 95 cents higher at $4.95, with 1,953,030 shares, Lasco Financial concluded trading with a loss of 10 cents at $5.10, with 325,131 stock units. Lasco Manufacturing finished 15 cents higher at $4.45, with 129,629 units, Main Event settled 77 cents higher at $6.47, with 35,344 shares, Medical Disposables ended trading at $5, with 6,000 shares and Paramount Trading ended with a loss of 24 cents at $3.15, with 81,385 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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