Juniors close down on Monday

JM sum 27-6-16The junior market closed trading on Monday with only 9 active securities as the volume climbed to 3,510,504 shares valued at $14,348,452 changing hands as the market saw a number of relatively large trades taking place. At the close the junior market index fell by 10.02 points to 2,205.61. Only 3 stocks advanced and 2 declined.
At the end of trading 5 stocks closed with the bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Consolidated Bakeries traded 623,874 units to end at $1.85, Derrimon Trading closed with 100,000 shares changing hands at $3.20 after declining by 10 cents, General Accident traded at $2.06, with 85,500 shares changing hands, Honey Bun lost 20 cents to close at $5.60 with 1,011,707 units changing hands.JM Trdng Sht-27-6-16 A total of 987,000 of the Honey Bun shares traded between $5 and $5.20. Iron Rock Insurance closed at $3.26 with 187,915 units changing hands for a gain of 6 cents, at the close the bid is at $3.20 to buy 4.67 million units. Jamaican Teas ended with 96,271 shares but lost 40 cents to close at $3.40, Knutsford Express closed trading with 1,033 shares, to end at $17.50, Lasco Distributors traded 27,017 units to end with a gain of 10 cents, at $7.60. Lasco Financial closed with a fall of 11 cents at $3.50, with 385,735 shares changing hands and Lasco Manufacturing lost 1 cent to close at $5 with 1,083,723 shares trading.

Lasco Manufacturing dominates juniors

Lasco Manufacturing had the largest trade in the junior market on Wednesday

Lasco Manufacturing had the largest trade in the junior market on Wednesday

The junior market closed trading on Wednesday with 15 active securities, while the junior market index fell 10.18 points to 2,242.12 as 3 stocks advanced and 3 declined. Market volume ended at 4,960,144 shares valued at $25,785,964 changing hands as Lasco Manufacturing dominated trading with 86 percent of the trades.
At the end of trading 8 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers. JM sum 22-6-16At the end of trading, AMG Packaging closed with 130,000 shares changing hands at $13, CAC 2000 traded just 1,000 units at $6.70, Cargo Handlers had 4,000 units trading at $46, Caribbean Cream traded 191,729 units, to end with a rise of 1 cent at $5, Caribbean Flavours ended with 9,600 shares changing hands at $7. Caribbean Producers had 19,477 units trading with a fall of 15 cents to close at $4.35, Consolidated Bakeries traded 5,000 units to end at $1.85, JM Trdng Sht-22-6-16Honey Bun closed at $5.50 with 60,695 units changing hands, but the bid was at $5.76 at the close, to buy a small volume. Iron Rock closed trading with 1,000 shares, but fell 3 cents to end at $3.20, Knutsford Express had 2,963 units changing hands at $17.50, Lasco Distributors traded 29,867 units to end with a gain of 2 cents, at $7.90, Lasco Financial closed with a rise of 9 cents, at $3.44 with 216,475 shares changing hands. Lasco Manufacturing declined by 10 cents to close at $5 with 4,264,787 shares trading, Medical Disposables traded 19,630 shares to close at $3.60 after shedding 40 cents and tTech ended with 3,921 units changing hands to close at $4.

Juniors inch forward – Thursday

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.

Lascos’ big trades – Tuesday

Lasco Financial traded 1m shares on the junior market on Tuesday.

Lasco Financial traded 1m shares on the junior market on Tuesday.

Trading in the junior market pushed the index to end at 2,199.54 points, up by just 4.65 points as 15 securities traded with 5 advancing and 8 declining. At the close 7,943,352 shares, valued at $36,689,714 changed hands with Lasco Financial Services accounting for 1.1 million units and Lasco Manufacturing 5.1 million units. Trading closed with Honey Bun ending at a closing 52 weeks’ high of $7 after gaining 40 cents, with 312,784 units changing hands, resulting in the gain for the year reaching 437 percent.
The market ended with 2 stocks closing at 52 weeks’ highs while the bids for 5 stocks closed higher than their last selling prices and 4 ending with lower offers.
At the end of trading, AMG Packaging lost 5 cents at $12.40 with 4,050 units changing hands, Caribbean Cream lost 15 cents to end at $4.50, after trading 103,235 shares, Caribbean Producers traded 9,000 shares but lost 10 cents, to close at $4.50. Consolidated Bakeries traded 559,414 shares with a loss of 2 cents, to close at $2.02. C2W Music traded 1,000 shares and rose by 4 cents to end at 40 cents.JM Trdng Sht-07-6-16 Dolphin Cove traded 79,515 units and lost 20 cents to end at $11, General Accident Insurance fell 18 cents in trading 6,650 units at $2.26. ISP Finance Services rose 45 cents in trading 10,000 shares and closed at a 52 weeks’ high of $3.45, Jetcon Corporation had 128,775 units changing hands at $2.75 after falling by 12 cents, Key Insurance traded 1,500 shares at $2.75, Knutsford Express closed with 500 units changing hands at $17.50. Lasco Distributors rose 39 cents in trading 550,886 units to end at $7.99, Lasco Financial closed with a fall of 15 cents at $3.15 with 1,108,325 shares changing hands while Lasco Manufacturing traded 5,063,868 shares and gained 15 cents to close at $4.90 and tTech traded 10,500 units at $4.12 after shedding 18 cents.

Juniors move higher on Monday

Honey Bun closed at a new high of $6.60 on Monday.

Honey Bun closed at a new high of $6.60 on Monday.

Trading in the junior market pushed the index to end at 2,194.89 points, up by 29.07 points. A total of 13 securities traded with 7 advancing and 2 declining. At the close, 1,803,816 shares, valued at $8,745,258 changed hands. Trading closed with Honey Bun ending at a closing 52 weeks’ high of $6.60 after gaining $1.55, with 101,486 units changing hands, resulting in the gain for the year reaching 437 percent.
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, Access Financial Services closed with a gain of 50 cents at $17 with 1,162 units changing hands, CAC 2000 close with 2,400 units trading at $6.50, Caribbean Cream gained 14 cents to end at $4.65, after trading 50,000 shares, Caribbean Producers traded 38,186 shares and gained 10 cents, to close at $4.60. JM Trdng Sht-06-6-16Consolidated Bakeries traded 20,000 shares with a gain of 4 cents, to close at $2.04. Dolphin Cove traded 38,920 units and gained 20 cents to end at $11.20, General Accident Insurance fell by 18 cents in trading 6,650 units at $2.26. KLE Group traded 100 units and fell 24 cents to close at $1.36, Knutsford Express closed with 20,120 units changing hands at $17.50, Lasco Distributors fell 30 cents with 105,688 units trading at $7.60. Lasco Financial closed with a rise of 16 cents at $3.30 with 257,296 shares changing hands while Lasco Manufacturing traded 1,200,628 shares and gained 15 cents to close at $4.75 and tTech traded just 100 units at $4.30.

C2W Music monster trade – Thursday

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.

Demand for juniors rose on Wednesday

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.

Wide spread gains for Juniors on Friday

JM Sign The junior market enjoyed one of the best days for some time with advancing stocks out numbering decliners by a wide margin but with a narrow range of companies trading. The strong number of gains led to a 29.10 points rise in the index to end at 2,127.53. The market closed with 1,336,391 shares valued at $9,501,843 changing hands.
A total of 15 securities traded of which 10 advanced and 1 declined. 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 rose 35 cents with 7,949 shares trading, to end at $12, Caribbean Cream closed with a gain of 13 cents at $4.60, having traded 23,112 shares. Caribbean Flavours traded 1 million units at $8, Consolidated Bakeries traded 94,255 units to gain 10 cents and end at $1.60, General Accident rose by 3 cents with 20,000 units changing hands to close at $2.18.JM Trdng Sht-27-5-16 Honey Bun gained $1 and closed at $19 with 960 shares traded, Jamaican Teas traded 1,542 units and gained 35 cents in the process to close at $3.90, Knutsford Express traded 190 shares and lost 70 cents to close at $16.80, Lasco Distributors gained 5 cents and closed with 87,170 units trading at $7.50. Lasco Financial closed at $3.30 with 20,000 shares changing hands to gain 1 cent, Lasco Manufacturing traded 68,713 shares and rose 10 cents to close at $4.40 and tTech regained the 20 cents it lost on Thursday and ended with 12,500 units changing hands at $4.50.

Juniors close higher on Wednesday

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.

Advancing juniors dominate – Friday

Caribbean Flavours' produce inputs. the stock gained $1.50 on Friday high.

Caribbean Flavours’ produce inputs. the stock gained $1.50 on Friday high.

The junior market closed slightly higher at the close of trading on Friday, with 2,388,762 shares valued at $18,020,899 changing hands, of which 2 million units were accounted for by Caribbean Flavours. The market index rose 12.04 points to end at 2,136.32 with a total of 12 securities traded of which 6 advanced and 2 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, AMG Packaging closed at $10.51 with 3,000 units changing hands, CAC 2000 gained 9 cents and closed at $6.50 with 1,539 units changing hands, Caribbean Cream rose 5 cents with 12,715 shares changing hands at $4.46, Caribbean Flavours traded 2,000,100 shares and rose $1.50 to end at $8, Consolidated Bakeries gained 10 cents to end at JM Trdng Sht-20-5-16$1.60 with 10,500 shares changing hands. General Accident traded at $2.10 with 50,000 shares trading, Honey Bun closed at $22, with 2,025 shares trading, ISP Finance traded 79,943 units and ended with a 6 cents gain to close at a 52 weeks’ high of $2.85, Jamaican Teas traded 5,300 units to close at $3.90. Knutsford Express closed with a loss of 50 cents at $17.50 with 4,600 shares trading, Lasco Distributors fell 4 cents and closed with 159,489 units trading with the price closing at $7.36. Lasco Financial closed at $3.35 with 17,866 shares changing hands after rising 20 cents and Lasco Manufacturing closed at $4.44 with 41,865 shares trading.