I$P Finance hits a new high of $35 on Wednesday up 1,650% since listing last year March.
The Junior Market of the Jamaica Stock Exchange logged another record close on Wednesday but with a modest rise of just 9.84 points to a record close of 3,368.98 with gains of 29.9 percent for 2017 to date. Trading levels were down sharply again compared to Tuesday’s levels.
At the close of the market, the number of securities trading, ended at 22 compared to 23 on Tuesday with 7 advancing and 10 declining. Overall, 1,425,514 units valued at $10,043,460 changed hands, compared to 3,285,925 units valued at $19,269,876 on Tuesday. Trading ended with 7 stocks having bids higher than their last sale prices and 6 with lower offers. Just one stocks ended trading at new closing high at the end of trading.
The Junior Market ended trading with an average of 64,796 units for an average value of $456,521, compared to 142,866 units for an average value of $837,821, on the previous trading day.
The average volume and value for the month to date are 88,678 units and $600,619 while at the close of the prior day, 90,668 units and $612,627. The average volume and value for April ended at 502,597 units and $2,768,003.
At the close of the market, AMG Packaging ended at $5.15 with 20,440 units changing hands, CAC 2000 had 7,000 changing hands, to close with a rise of 30 cents at $7.30, Cargo Handlers ended trading with 7,140 shares changing hands at $20, Caribbean Flavours jumped $2.55 in trading 2,000 shares at $13.55, Caribbean Producers lost 15 cents and ended at $3.85 with 133,000, shares trading, C2W Music had 11,819 units changing hands to close at 45 cents, Derrimon Trading climbed $1 and ended at $8.50 with 25,238 shares changing hands, General Accident fell 4 cents and closed trading with 224,750 shares at $3.05, Honey Bun ended with 182,930 shares changing hands at $8, after rising 25 cents, Iron Rock Insurance traded 10,000 shares to end at $3.15, after falling by 25 cents, ISP Finance climbed $5 to end at fresh new high of $35 with 28,000 units changing hands, the stock was offered at $30 at the close to sell 25,000 units. 
Jamaican Teasclosed trading with 23,550 shares, at $4.95. Jetcon Corporation ended at $15 with 66,619 shares trading, Key Insurance traded 60,624 units to close at $2.80 after falling 25 cents, KLE Group rose 5 cents and ended at $2.75 with 3,000 shares changing hands, Knutsford Express jumped $2.95 and closed with 14,922 shares trading at $68. Lasco Distributors ended with 205,484 units trading with a fall of 49 cents at $7, Lasco Financial fell 10 cents and ended with 16,326 shares changing hands at $4.90, Lasco Manufacturing fell 55 cents and closed at $5.25 while trading 93,330, shares, Main Event lost 15 cents and ended trading 63,583 shares at $6.85, Medical Disposables lost 20 cents and ended at $5.80 with 147,855 units trading,Paramount Trading lost 27 cents and ended with 77,904 shares changing hands at $2.98, after trading at a low for the day of $2.50.
The Junior Market ended trading with an average of 142,866 units for an average value of $837,821, compared to 282,021 units for an average value of $1,547,063, on the previous trading day. The average volume and value for the month to date are 90,668 units and $612,627, while at the close of the prior day, 85,923 units and $592,155. The average volume and value for April ended at 502,597 units and $2,768,003.
Honey Bun ended with 8,520 shares changing hands at $7.75, after falling 20 cents, ISP Finance climbed $2 to end at fresh new high of $30 with 10,921 units changing hands. Jamaican Teasclosed trading with 17,608 shares, at $4.95. Jetcon Corporation ended at $15 with 79,088 shares trading, KLE Group rose 1 cent and ended at $2.70 with 75,669 shares changing hands, Knutsford Express closed with 4,633 shares trading to end at a record $68. Lasco Distributors ended with 62,279 units trading with a rise of 9 cents at $7.49, Lasco Financial fell 10 cents and ended with 1,111,623 shares changing hands at $5, Lasco Manufacturing rose 18 cents and closed at $5.80 while trading 991,772 shares, Main Event ended trading 91,461 shares at $7, Medical Disposables lost 50 cents and ended at $6 with 28,084 units trading,Paramount Trading rose 16 cents and ended with 42,196 shares changing hands at $3.25 and tTech ended with 40,300 units changing hands at $7.50.
The average volume and value for the month to date are 85,923 units and $592,155, while at the close of the prior day, 66,313 units and $496,664. The average volume and value for April ended at 502,597 units and $2,768,003.
Honey Bun ended with 4,935 shares changing hands at $7.95, ISP Finance jumped $4 to end at record close of $28 with 46,731 units changing hands. Jamaican Teasclosed trading with 21,030 shares, with a gain of 20 cents at $4.95. Jetcon Corporationfell 74 cents to end at $15 with 205,492 shares trading, KLE Group lost 1 cent and ended at $2.69 with 1,000 shares changing hands, Knutsford Express closed with 1,377 shares trading to end at a record $68. Lasco Distributors ended with 1,281,181 units trading with a rise of 38 cents at $7.40, Lasco Financial jumped 90 cents and ended with 953,637 shares changing hands at a record $5.10, Lasco Manufacturing rose 22 cents and closed at $5.62 while trading 954,142 shares, Main Event ended trading 15,319 shares at $7, Sweet River ended at $3.50 with 19,482 units trading and tTech ended with 100 units changing hands at $7.50 after rising 50 cents.
The Junior Market ended trading with an average of 62,181 units for an average value of $368,853, compared to 41,543 units for an average value of $348,960, on the previous trading day. The average volume and value for the month to date are 66,313 units and $496,664, while at the close of the prior day, 66,772 units and $511,865. The average volume and value for April ended at 502,597 units and $2,768,003.
ISP Finance fell $1 to end at $24 with 61,418 units changing hands. Jamaican Teas lost 70 cents in trading 294,454 shares, to close at $4.75. Jetcon Corporation rose 24 cents and ended at record $15.74 with 28,217 shares trading, KLE Group lost 10 cents and ended at $2.70 with 50,000 shares changing hands, Knutsford Express jumped $8.50 with 2,175 shares trading to end at a record $68. Lasco Distributors ended with 184,427 units trading with a fall of 3 cents at $7.02, Lasco Financial gained 20 cents and ended with 5,000 shares changing hands at $4.20, Lasco Manufacturing rose 27 cents and closed at $5.40 while trading 64,418 shares, Main Event ended trading 64,002 shares at $7, Medical Disposables ended at $6.50 with 1,500 units trading, Paramount Trading shed just 1 cent to end with 28,224 shares changing hands at $3.09, tTech ended with 11,600 units changing hands at $7 after falling 15 cents.
$2,768,003.
Jetcon Corporation jumped $2.25 and ended at record $15.50 with 97,862 shares trading, KLE Group lost 5 cents and ended at $2.85 with 1,630 shares changing hands, Knutsford Express traded 1,000 shares and shed 50 cents to end at $59.50. Lasco Financial lost 50 cents and ended with 2,938 shares changing hands at $4, Lasco Manufacturing rose 1 cent and closed at $5.13 while trading 17,600 shares, Main Event gained 20 cents and ended trading 34,462 shares at $7, Medical Disposables ended at $6.50 with 1,500 units trading, Paramount Trading shed 5 cents and ended with 192 shares changing hands at $3.10, Sweet River ended with 2,647 units changing hands at $3.50 and Derrimon Trading preference share, traded 48,600 units to end at $2.22.
At the close of the market, Access Financial Services rose 10 cents and closed at $47 in trading 1,200 shares, AMG Packaging regained 16 cents to close at $5 with a mere 920 units changing hands, Blue Power closed at $39 with 4,662 units changing hands, Cargo Handlers traded 100 shares at $20, Caribbean Cream closed trading with 7,238 units at $7.85. Caribbean Producers rose 10 cents trading 159,891 shares changing hands, to close at $4, after trading earlier at $4.50, Investors responded positively to improved third quarter results with profit after tax of US$968,000 versus US$642,000 but with slightly lower nine months profit. Consolidated Bakeries lost 20 cents in trading 60,000 shares to close at $2.65, Dolphin Cove fell 50 cents and ended at $20 with 2,559 shares changing hands, General Accident fell 13 cents and closed trading with 229,764 shares at $3.12, Honey Bun lost 20 cents with 26,800 shares changing hands, to close at $7.80, ISP Finance climbed $1.01 to end at a record closing high of $24 with 2,900 units changing hands. Jamaican Teasclimbed 35 cents in trading 134,800 shares, to close at a record high of $5.10, Jetcon Corporation dropped 75 cents and ended at $13.25 with 10,325 shares trading,
KLE Group ended at $2.85 with 1,000 shares changing hands, Knutsford Express traded 13,163 shares and gained $5 to end at a record close of $60. Lasco Distributors ended with 52,131 units trading with a loss of 14 cents at $7.01, Lasco Financial lost 50 cents and ended with 2,938 shares changing hands at $4, Lasco Manufacturing declined by 38 cents and closed at $5.12 while trading 154,589 shares, Main Event rose 45 cents and ended trading 20,177 shares at $6.80, Medical Disposables ended at $6.50 with 2,020 units trading, Paramount Trading gained 10 cents and ended with 1,000 shares changing hands at $3.15, tTech fell 5 cents and ended with 19,251 units changing hands at $7.15, Eppley 8.25% preference share, traded 41,000 units to end at $6.09 and Eppley 9.5% preference share, traded 31,150 units to end at $6.15.
cents to close at $4.84 with 200 units changing hands, Cargo Handlers dipped 50 cents in trading 1,500 shares at $20, Caribbean Cream rose 35 cents and closed trading with 102,161 units at $7.85. Caribbean Flavours gained 90 cents in trading 30,000 units to end at $9.50, Caribbean Producers rose 10 cents trading 10,024 shares changing hands, to close at $3.90, Consolidated Bakeries lost 15 cents in trading 18,332 shares to close at $2.85, C2W Music had 10,000 units changing hands to close at 50 cents, Derrimon Trading fell 25 cents and ended at $8.25 with 4,905 shares changing hands, General Accident rose 10 cents and closed trading with 16,790 shares at $3.25, Honey Bun rose 10 cents with 76,556 shares changing hands, to close at $8, ISP Finance climbed $2.99 to end at a record closing high of $22.99 with 90,602 units changing hands. 
Jamaican Teas traded 7,900 shares, to close at $4.75, Jetcon Corporation dropped $1 and ended at $14 with 137,146 shares trading Knutsford Express traded 3,077 shares and gained $4 to end at a record close of $55. Lasco Distributors ended with 371,382 units trading with a loss of 30 cents at $7.15, Lasco Financial rose 40 cents and ended with 4,000 shares changing hands at $4.50, Lasco Manufacturing climbed 40 cents and closed at $5.50 while trading 88,171 shares, Main Event dropped 75 cents and ended trading 79,566 shares at $6.35, Medical Disposables climbed 50 cents and ended at $6.50 with 81,715 units trading, Paramount Trading ended with 500 shares changing hands at $3.05, tTech rose 20 cents and ended with 3,300 units changing hands at $7.20 and Eppley 8.25% preference share, traded 34,196 units to end at $6.10.
At the close of the market, Access Financial Services closed at $47 in trading 8,000 shares, AMG Packaging closed at $5 with 12,958 units changing hands, Blue Power climbed $2 and closed at $39 with 200 shares trading,Cargo Handlers clawed back 50 cents in trading 120,000 shares at $20.60, Caribbean Cream closed trading with 83,828 units at $7.50. Consolidated Bakeries rose 2 cents in trading 9,473 shares to close at $3, General Accident closed trading with 17,100 shares at $3.15, Honey Bun rose 10 cents with 23,924 shares changing hands, to close at $7.90, ISP Finance climbed $1.50 to end at a record high of $20 with 4,000 units changing hands after the price hit an intraday high of $24. Jamaican Teastraded 203,560 shares, to close at $4.75, 
Jetcon Corporation jumped $1.75 and ended at $15 with 3,849 shares trading Knutsford Express traded 1,050 shares at $51, the bid on the stock closed at $53. Lasco Distributors ended with 2,644 units trading with a gain of 15 cents at $7.45, Lasco Financial fell 45 cents and ended with 7,562 shares changing hands at $4.10, Lasco Manufacturing dropped 52 cents and closed at $5.10 while trading 33,874 shares, Main Event rose 35 cents and ended trading of 114,129 shares at all-time closing high of $7.10, Paramount Trading ended with 15,787 shares changing hands and fell 38 cents to $3.05, tTech lost 50 cents and ended with 2,000 units changing hands at $7 and Eppley 9.5% preference share, traded 850 units to end at $6.15.
In the Junior Market, Lasco Distributors returned to the top list and CAC 2000 entered for the first time and Berger was replaced in the main market by Salada Foods with the price having fallen to $6.50.
IC Insider.com’s TOP 10 Junior Market stocks continue to trade at an average discount of just under 37 percent to the Junior Market average, those in the main market are trading at a 53 percent discount, to the average of the market, leaving several stocks with room for growth for the rest of the year.
The average volume and value for the month to date are 86,809 units and $653,199 while at the close of the prior day it was 99,447 units and $705,342. The average volume and value for April ended at 502,597 units and $2,768,003.
Key Insurance traded 15,090 units to close at $3.80 after losing 9 cents, Knutsford Express jumped $5 in trading 150 shares at $51, Lasco Distributors ended with 7,968 units trading with a loss of 10 cents at $7.30, Lasco Financial climbs 55 cents and ended with 30,000 shares changing hands at $4.55, Lasco Manufacturing climbed 17 cents and closed at $5.62 while trading 7,615 shares, Main Event rose 46 cents and ended trading of 98,731 shares at all-time closing high of $6.75, after earlier trading at an all-time high of $6.99, Paramount Trading ended with 1,325 shares changing hands and fell 2 cents to $3.43 and tTech ended with 91,201 units changing hands at $7.50, Derrimon Trading preference share rose 17 cents and ended with 150 units changing hands to close at $2.22 and Eppley 9.5% preference share, traded 4,000 units and rose 5 cents to end at $6.15.
