Big jump for Junior Market on Friday

Lasco’s ICool – the company’s stock jumped sharply on Friday.

The Junior Market index advanced 41.20 points to close at 3,077.23 on Friday as heavy weight Lasco Manufacturing rose 18.5 percent and Express Catering recover some lost ground in adding 50 cents with advancing stocks beating those declining two to one.
At the close of market activities, 26 securities changed hands, compared to 32 on Thursday, resulting in prices of 11 rising, 6 declining and 9 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Market activity led to an increase in trading of more than 50 percent with an exchange of 2,959,240 units valued at $11,853,905 compared to 1,878,043 units valued at $7,197,867.01 on Thursday. The average trade for the day amounts to 113,817 units for an average of $455,919 in contrast to 58,689 units for an average of $224,933 on Thursday. The average volume and value for the month to date amounts to 81,626 units for an average of $311,248 and previously, 80,150 units for an average of $304,282. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, Access Financial dropped $1.80 to $43.20, with an exchange of 10,750 shares, as the company reported lower profit than the prior year. AMG Packaging ended with a loss of 1 cent at $2, with 75,900 stock units changing hands, Blue Power concluded trading of 7,724 units at $4.50, Cargo Handlers settled at $9.25, with 1,826 shares changing hands, Caribbean Flavours traded 2,370 stock units and climbed $1, to close $17. Caribbean Producers ended trading of 48,776 units at $4.30, Consolidated Bakeries closed with a rise of 20 cents at $2, with investors exchanging 1,456 shares, Derrimon Trading ended 9 cents higher at $2.90, with 61,941 shares traded, Everything Fresh settled at $1.47, with 70,000 units changing hands. Elite Diagnostic ended trading with 96,602 shares, and rose 30 cents to end at $4, Express Catering climbed 50 cents and exchanged 4,350 shares at $7.50, FosRich Group closed with a loss of 5 cents at $4.75, with a swapping of 79,909 shares. Fontana closed 10 cents higher at $4.30, with 311,751 stock units trading, General Accident ended at $4.20, with 19,771 units crossing the exchange, Honey Bun finished at $4.99, with 51,300 shares changing hands, Indies Pharma ended trading 5 cents higher at $3.15, with 126,027 stock units. Iron Rock traded at $3.50, with 39,020 units, Jamaican Teas closed with a loss of 5 cents at $4.25, with 59,809 shares traded, Knutsford Express jumped $1.60 higher to $12.50, with 29,192 shares changing hands, Lasco Distributors  ended trading of 398,051 shares with a loss of 15 cents to close at $3.55. Lasco Financial  traded 84,397 shares at $5, Lasco Manufacturing  jumped 60 cents to close at $3.85 trading 1,348,820 stock units, as investors responded strongly to the company’s improved 2019 profit results.  SSL Venture Capital finished 4 cents higher at $1.65, with 6,886 shares crossing the exchange, Stationery and Office  settled at $9.04, with 5,000 stock units changing hands and tTech traded 17,112 shares with a loss of 1 cent at $5.70. In the junior market preference segment, CAC 2000 closed 15 cents higher at a 52 weeks’ high of $1.30, with 500 shares changing hands.

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

Lasco Distributors profit disappoints

Lasco Manufacturing dropped 40 cents to push Junior Market down.

Revenues rose by 11.44 percent to $18.1 billion from $16.3 billion at Lasco Distributors for the 2019 fiscal year to March, but the good news stop there.
Cost rose rapidly while other revenues declined. Administrative, marketing and sales expenses rose sharply by 20 percent to $2.98 billion from $2.49 billion resulting in pretax profit dropping sharply to $692 million from $1.08 billion.
Operating profit rose 11.9 percent to $3.55 billion from $3.17 billion. Taxes rose to $94 million from $75 in 2018 leaving net profit at $598 million and earnings per share at 17.5 cents versus $1 billion or 29 cents in 2018. The 2018 result, got a boost from inflows from a claim against Pfizer that resulted in other income of $395 million with 2019 generating just $139 million.
Gross cash flow brought in $880 million but the company ended with net cash outflows of $400 million. Cash and short term investments amounted to $1.5 billion down from $1.8 billion in 2018. Fixed assets grew to $1.8 million from $1.48 billion in 2018.

Lasco Distributors products.

At the end of the year, borrowed funds amounted to $540 million. Payables ended at $2.84 billion down from $3.6 billion in 2018. Current assets slipped to $6.6 billion from $5.9 billion. Shareholders’ equity grew to $5.2 billion from $4.57 billion.
Earnings per share for 2019 came out at 17.5 cents with IC Insider.com projecting 30 cents for 2020.The stock traded at $3.70 at a PE Ratio of 13 times current year’s earnings.

Junior Market inched higher- Thursday

The Junior Market index advanced 9.59 points to close at 3,036.03 on Thursday, but with advancing stocks lagging those declining as the dollar value of trading jumping sharply by 235 percent and volume by 357 percent.
At the close of market activities, 32 securities changed hands, compared to 27 on Wednesday, resulting in prices of 9 rising, 12 declining and 11 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Market activity led to an exchange of 1,878,043 units valued $7,197,867, compared to 7,161,365 units valued at $22,779,368 on Wednesday. The average trade for the day amounts to 58,689 units for an average of $224,933 in contrast to 265,236 units for an average of $843,680 on Wednesday. The average volume and value for the month to date amounts to 80,150 units for an average of $304,282 and previously, 81,483 units for an average of $309,080. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, Access Financial closed at $45, with an exchange of 2,500 shares, AMG Packaging gained 1 cent in closing at $2.01, with 15,780 stock units traded, Blue Power rose 10 cents trading 1,100 units, at $4.50, Cargo Handlers settled at $9.25, with an exchange of 3,584 shares. Caribbean Flavours lost 75 cents in trading 1,355 stock units at $16, Caribbean Producers finished trading with a loss of 5 cents at $4.30, with 47,500 units, Consolidated Bakeries closed at $1.80, with 102,100 shares changing hands, Derrimon Trading ended with a loss of 9 cents at $2.81, with an exchange of 86,885 shares. Dolphin Cove concluded trading of 21,000 shares at $12.05, Everything Fresh finished at $1.47, trading 102,681 stock units, Elite Diagnostic ended trading 35 cents higher at $3.70, with an exchange of 435,585 shares, Express Catering traded 86,077 shares at $7. FosRich Group traded 23,905 shares, with a loss of 15 cents at $4.80, Fontana closed 5 cents higher at $4.20, exchanging 186,752 stock units, General Accident ended 20 cents higher at $4.20, with 30,000 units changing hands, GWest Corporation concluded trading of 45,500 shares at $1.31. Honey Bun finished with a loss of 1 cent at $4.99, with 111,782 shares crossing the exchange, iCreate settled 6 cents higher at 80 cents, with 37,682 shares passing through the exchange, Indies Pharma ended trading of 31,201 stock units for 3 cents higher to close at $3.10, Iron Rock traded 35,612 units at $3.50. Jamaican Teas closed with a loss of 25 cents at $4.30, with 3,739 shares trading, Jetcon Corporation ended with a loss of 10 cents at $1.90, with an exchange of 60,888 shares, Knutsford Express dived $1.40 to close at $10.90, trading 500 shares, Lasco Distributors ended trading 260,827 shares at $3.70. Lasco Financial traded 17,682 shares and garnered 14 cents to close at $5, Lasco Manufacturing fell by 25 cents to end at $3.25, with an exchange of 17,700 stock units, Main Event closed 14 cents higher at $5.35, with 20,965 units changing hands, Medical Disposables ended with a loss of $1.35 at $5.50, with 25,000 shares trading. Paramount Trading concluded trading with 13,746 shares, at $2.10, SSL Venture Capital finished at $1.61, with an exchange of 5,215 shares, Stationery and Office settled with a loss of 46 cents at $9.04, with 21,200 stock units changing hands and tTech traded 22,000 shares with a loss of 2 cents to close at $5.71.

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

Junior Market inched higher- Wednesday

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Junior Market stock trading.

The Junior Market index advanced by just 4.77 points to close at 3,026.44 on Wednesday, but with advancing stocks lagging those declining as the dollar value of trading jumping sharply by 235 percent and volume by 357 percent.
At the close of market activities, 27 securities changed hands, compared to 26 on Tuesday, resulting in prices of 6 rising, 9 declining and 12 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Market activity led to an exchange of 7,161,365 units valued at $22,779,368, compared to 1,566,017 units valued at $6,798,081 on Tuesday. The average trade for the day amounts to 265,236 units for an average of $843,680, in contrast to 60,231 units for an average of $261,465 on Tuesday. The average volume and value for the month to date amounts to 81,483 units for an average of $309,080 and previously, 71,717 units for an average of $280,666. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, AMG Packaging ended at $2, with an exchange of 3,000 stock units, CAC 2000 dropped $1.55 to $10.45, with 1,700 shares changing hands, Caribbean Cream ended trading of 500 shares, with a loss of 5 cents at $5.95, Caribbean Producers finished the trading of 10,576 units, with a loss of 5 cents at $4.35. Consolidated Bakeries closed with a loss of 20 cents at $1.80, with 53,450 shares changing hands, Derrimon Trading ended with a loss of 10 cents at $2.90, with an exchange of 5,012,015 shares, Dolphin Cove concluded trading with 123,000 shares, at $12.05, Everything Fresh settled at $1.47, with 61,384 units changing hands. Elite Diagnostic ended trading with 1,200 shares, at $3.35, Express Catering traded 1,000 shares at $7, FosRich Group finished at $4.95, while trading 908 shares, Fontana closed 10 cents higher at $4.15, with an exchange of 84,348 stock units. General Accident ended with a loss of 47 cents at $4, with 202,000 units crossing the exchange, GWest Corporation concluded trading of 4,288 shares, at $1.31, Honey Bun closed at $5, with 20,314 shares changing hands, iCreate settled with a loss of 1 cent at $0.74, with 56,500 shares trading. Indies Pharma ended trading 1,104,248 stock units, with a loss of 2 cents in closing at $3.07, Jamaican Teas closed at $4.55, with 6,695 shares crossing the exchange exchanging, Jetcon Corporation ended 15 cents higher at $2, with an exchange of 8,565 shares, Key Insurance concluded trading with 5,000 stock units at $3.35. Knutsford Express settled at $12.30, with an exchange of 105 shares, Lasco Distributors ended trading of 158,443 shares with a loss of 10 cents in closing at $3.70, Lasco Financial exchanged 10,500 shares and rose 1 cent to $4.86, Lasco Manufacturing concluded trading of 110,603 stock units and rose 45 cents to close at $3.50. Main Event closed at $5.21, with 6,836 units trading, Stationery and Office added 42 cents in closing at $9.50, with an exchange of 75,974 stock units and tTech traded 38,213 shares after rising 2 cents to end at $5.73.

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

More declines for Junior Market – Tuesday

The Junior Market index declined 17.43 points to close at 3,021.67 on Tuesday, but with advancing stocks beating out decliners by a ratio of three to two.
At the close of market activities, 26 securities changed hands, compared to 29 on Monday, resulting in prices of 11 rising, 8 declining and 7 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Market activity led to an exchange of just 1,566,017 units valued at $6,798,081 compared to 2,066,861 units valued $9,518,360 on Monday. The average trade for the day amounts to 60,231 units for an average of $261,465 in contrast to 71,271 units for an average of $328,219 on Monday. The average volume and value for the month to date amounts to 71,717 units for an average of $280,666 and previously, 72,337 units for an average of $281,702. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, Access Financial closed at $45, with an exchange of 178 shares, AMG Packaging ended 5 cents higher at $2, with 24,000 stock units changing hands, Caribbean Flavours traded 290 stock units with a loss of 25 cents to close at $16.75, Caribbean Producers gained 10 cents to end at $4.40, trading 6,161 units. Consolidated Bakeries closed at $2, with 64,000 shares crossing the exchange, Derrimon Trading ended at $3, with an exchange of 142,000 shares, Everything Fresh settled with a loss of 10 cents at $1.47, with 111,000 units changing hands, Elite Diagnostic ended trading of 24,676 shares with a loss of 25 cents to close at $3.35. Express Catering gained 50 cents to end at $7, with 402,213 shares trading, FosRich Group ended trading with 6,674 shares and rose 5 cents higher to $4.95, Fontana closed with a loss of 30 cents at $4.05, while exchanging 168,622 stock units, General Accident ended with a loss of 3 cents at $4.47, with an exchange of 23,132 units. GWest Corporation concluded trading of 74,230 shares, at $1.31, Honey Bun finished at $5, in exchanging 1,962 stock units, iCreate settled 4 cents higher at 75 cents, with 43,174 shares changing hands, Indies Pharma ended trading 3 cents higher at $3.09, with 50,326 stock units crossing the exchange. Jamaican Teas closed at $4.55, with 5,471 shares traded, Jetcon Corporation  ended with a loss of 8 cents at $1.85, in trading 8,199 shares, Knutsford Express  settled 40 cents higher at $12.30, with an exchange of 4,434 shares, Lasco Distributors  ended trading 41,367 shares at $3.80. Lasco Financial  traded 327,301 shares after rising 15 cents to close at $4.85,  Lasco Manufacturing  closed 5 cents higher at $3.05, with 6,014 stock units crossing the exchange, Main Event  closed 11 cents higher at $5.21, with an exchange of 8,278 units. SSL Venture Capital  finished with a loss of 9 cents at $1.61, with an exchange of 16,350 shares,  Stationery and Office settled 4 cents higher at $9.08, while trading 3,000 stock units and tTech finished $5.71 higher at $5.71, with 2,965 shares changing hands.

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

Junior Market in big drop on Monday

The Junior Market index suffered a big drop of 99.56 points to close at 3,039.10 on Monday with the prices of Cargo Handlers, Caribbean Producers, Express Catering and Lasco Manufacturing ending with sizeable declines.
At the close of market activities, 29 securities changed hands, compared to 25 on Friday, resulting in prices of 8 rising, 13 declining and 8 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ending with bids higher than their last selling prices and 5 with lower offers.
Market activity led to an exchange of just 2,066,861 units valued $9,518,360 compared to of just 274,584 units valued $1,040,256 on Friday. The average trade for the day amounts to 71,271 units for an average of $328,219 in contrast to 10,983 units for an average of $41,610 on Friday. The average volume and value for the month to date amounts to 72,337 units for an average of $281,702 and previously, 72,405 units for an average of $278,724. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, AMG Packaging ended with a loss of 15 cents at $1.95 with an exchange of 18,000 stock units, Blue Power concluded trading of 1,200 units at $4.40, Cargo Handlers dropped 75 cents to end at a 52 weeks’ low of $9.25, while trading 3,000 shares. Caribbean Flavours traded 156 stock units and gained 90 cents in closing at $17, Caribbean Producers finished trading 27,080 units with a loss of 50 cents to close at $4.30, Consolidated Bakeries closed at $2, trading 1,660 shares, Derrimon Trading ended at $3, with 67,370 shares changing hands. Dolphin Cove concluded trading of 50,350 shares 5 cents higher at $12.05, Everything Fresh lost 1 cent to close at $1.57, with an exchange of 235,520 stock units, Elite Diagnostic ended trading 85,125 shares and rose 10 cents to close at $3.60, Express Catering exchanged 383,103 shares but lost $1.48 in closing at $6.50. FosRich Group finished trading 6,000 shares and rose 15 cents to $4.90, Fontana closed with a loss of 2 cents at $4.35, trading 107,414 stock units, GWest Corporation concluded trading with 180,350 shares at $1.31. Honey Bun finished with a loss of 1 cent at $5, with 31,389 shares crossing the exchange after it traded at 52 weeks’ intraday high of $5.33, iCreate settled at 71 cents after falling 9 cents in trading 271,400 shares. Indies Pharma ended trading 49,106 stock units with a loss of 2 cents at $3.06, Jamaican Teas closed with a loss of 14 cents at $4.55, with 1,895 shares changing hands, Jetcon Corporation  ended with a loss of 2 cents at $1.93, exchanging 34,000 shares. KLE Group finished with a loss of 40 cents at a 52 weeks’ low of $2, trading 3,500 units, Knutsford Express  settled at $11.90, trading 7,214 shares, Lasco Distributors  ended trading 17,678 shares, at $3.80,  Lasco Financial  traded 12,311 shares and gained 1 cent to close at $4.70. Lasco Manufacturing  finished trading 32,050 stock units with a loss of 43 cents to end at $3, Main Event closed at $5.10, with 74,133 units changing hands, Paramount Trading  concluded trading of 2,400 shares at $2.10. SSL Venture Capital  closed at $1.70, with 700 shares traded, Stationery and Office settled 3 cents higher at $9.04, with 362,457 stock units trading and tTech rose 1 cent to $6.09, with an exchange of 300 shares.

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

Junior Market up on low volume- Friday

Investors pushed the Junior Market index up 10.21 points to close at 3,138.66 on Friday with the same number of advancing and declining stocks but with very low volume passing through the exchnage.
At the close of market activities, 25 securities changed hands, compared to 29 on Wednesday, resulting in prices of 8 securities rising, 8 declining and 9 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 5 with lower offers.
Market activity led to an exchange of just 274,584 units valued $1,040,256 compared to 1,339,414 units valued at $6,540,409 on Wednesday. The average trade for the day amounts to 10,983 units for an average of $41,610 in contrast to 46,187 units for an average of $225,531 on Wednesday. The average volume and value for the month to date amounts to 72,405 units for an average of $278,724 and previously, 75,993 units for an average of $292,574. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, Access Financial closed at $45, in trading 311 shares, AMG Packaging gained 10 cents to end at $2.10, with an exchange of 4,656 stock units, Blue Power exchanged 1,000 units at $4.40, CAC 2000 traded 15,100 shares to finish at $12, Caribbean Flavours lost 90 cents, trading 2,106 stock units, to close at $16.10. Caribbean Producers finished trading 3,310 units at $4.80, Consolidated Bakeries gained 20 cents to close at $2, with 234 shares changing hands, Derrimon Trading ended 10 cents higher at $3 exchanging 592 shares, Elite Diagnostic traded 1,280 shares to end at $3.50, Everything Fresh lost 2 cents to settle at $1.58, trading 1,000 units. Express Catering jumped 98 cents in trading 190 shares to close at $7.98, Fontana lost 13 cents to close at $4.37, trading 60,458 stock units, FosRich Group closed at $4.75, with an exchange of 6,173 shares,. GWest Corporation concluded trading of 7,000 shares, at $1.31, Honey Bun finished at $5.01 after adding just 1 cent, with 2,048 shares crossing the exchange, iCreate lost 10 cents to close at 80 cents, with 102,553 shares traded, Indies Pharma ended trading 5,000 stock units with a gain of 2 cents to close at $3.08. Jamaican Teas  closed 1 cent down at $4.69, after trading 200 shares, Jetcon Corporation ended at $1.95, with 12,200  shares changing hands, Key Insurance concluded trading of a mere 100 stock units with a loss of 55 cents at $3.35,  Lasco Distributors  added 5 cents and ended trading of 3,195 shares at $3.80.  Lasco Financial  rose 1 cent in trading 11,354 shares at $4.69,  Lasco Manufacturing  closed trading of 8,943 stock units at $3.43, Main Event  lost 30 cents to close at $5.10, with an exchange of just 369 units and Stationery and Office  settled 11 cents lower at $9.01, with an exchange of 24,912 stock units.

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

Junior Market index jumps – Wednesday

Investors pushed the Junior Market index up 29.96 points to close at 3,128.45 on Wednesday as advancing and declining stocks were virtually tied.
At the close of market activities, 29 securities changed hands, compared to 28 on Tuesday and resulted in prices of 8 securities rising, 9 declining and 12 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Market activity led to an exchange of 1,339,414 units valued at $6,540,409 compared to 2,553,658 units valued at $8,541,233 on Tuesday. The average trade for the day amounts to 46,187 units for an average of $225,531 in contrast to 91,202 units for an average of $305,044 on Tuesday. The average volume and value for the month to date amounts to 75,993 units for an average of $292,574 and previously, 78,159 units for an average of $297,447. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, Access Financial closed with a loss of 50 cents at $45, in trading 879 shares, AMG Packaging ended at $2, with an exchange of 9,829 stock units, Blue Power exchanged 21,313 units at $4.40, CAC 2000 traded 541 shares to finish at $12, Caribbean Producers finished trading 1,971 units at $4.80. Consolidated Bakeries lost 20 cents to close at $1.80, with 22,221 shares changing hands, Derrimon Trading ended 20 cents higher at $2.90 exchanging 30,332 shares, Everything Fresh settled 9 cents higher at $1.60, trading6 32 units. Elite Diagnostic ended trading 45,903 shares and rose 20 cents to end at $3.50, Express Catering traded 9,800 shares at $7, FosRich Group lost 25 cents to close at $4.75, with an exchange of 731,585 shares, Fontana closed at $4.50, trading 8,737 stock units. GWest Corporation concluded trading of 4,562 shares, at $1.31, Honey Bun finished at $5, with 119,800 shares crossing the exchange, iCreate settled at 90 cents, with 11,243 shares traded, Indies Pharma ended trading 6,600 stock units with a loss of 8 cents at $3.06. Jamaican Teas closed 50 cents higher at $4.70, after trading 1,000 shares, Jetcon Corporation ended with a loss of 15 cents at $1.95, with 300 shares changing hands, Key Insurance concluded trading of a mere 100 stock units with a loss of 55 cents at $3.35, KLE Group finished at $2.40, with an exchange of 100 units. Knutsford Express  settled with a loss of 60 cents at $11.90, with 3,780 shares changing hands, Lasco Distributors  ended trading with 58,015 shares at $3.75,  Lasco Financial  traded 19,462 shares at $4.68,  Lasco Manufacturing  finished trading 33,085 stock units with a loss of 7 cents at $3.43. Main Event  lost 10 cents to close at $5.40, with an exchange of 102,070 units, Medical Disposables  ended 5 cents higher at $6.85, trading 1,273 shares, SSL Venture Capital  added 8 cents to end at $1.70, trading 331 shares, Stationery and Office  settled 11 cents higher at $9.12, with an exchange of 93,450 stock units and tTech traded 500 shares and rose 38 cents to close at $6.08.

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

Drop for Junior Market – Tuesday

The Jamaica Stock Exchange Junior Market index lost 20.26 points to close at 3,098.49 on Tuesday as the number of advancing and declining stocks were tied.
At the close of market activities, 28 securities changed hands, compared to 26 on Monday and resulted in prices of 13 securities rising, 13 declining and 2 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 3 with lower offers.
Market activity led to an exchange of 2,553,658 units valued at $8,541,233 compared to 1,462,465 units valued at $6,385,186 on Monday. The average trade for the day amounts to 91,202 units for an average of $305,044 in contrast to 56,249 units for an average of $245,584 on Monday. The average volume and value for the month to date amounts to 78,159 units for an average of $297,447 and previously, 56,984 units for an average of $243,157. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, Access Financial closed with a loss of $2.50 at $45.50, trading 500 shares, AMG Packaging fell 10 cents to $2, with an exchange of 53,412 stock units, Cargo Handlers exchanged 357 shares at $10, Caribbean Cream rose 10 cents trading of 20,000 shares at $6. Caribbean Producers traded 1,000 units with a loss of 10 cents at $4.80, Consolidated Bakeries closed 20 cents higher at $2, with 93,600 shares changing hands, Derrimon Trading ended with a loss of 30 cents at $2.70, exchanging 50,657 shares, Dolphin Cove concluded trading of 3,078 shares with a loss of 5 cents to close at $12. Everything Fresh settled 6 cents higher at $1.51, with 420,000 units changing hands, Elite Diagnostic ended trading of 52,406 shares with a loss of 5 cents at $3.30, Express Catering fell 10 cents to end at $7, after exchanging 32,952 shares, FosRich Group finished trading 46,409 shares and increased by 25 cents to end at $5. Fontana closed with a loss of 5 cents at $4.50, with 406,075 stock units changing hands, GWest Corporation concluded trading of 141,652 shares, with a loss of 14 cents at $1.31, Honey Bun finished 50 cents higher at $5, with 178,006 shares crossing the exchange, iCreate settled 5 cents higher at $0.90, with 2,245 shares changing hands. Indies Pharma ended trading with 702,715 stock units after falling 1 cent to $3.14, Iron Rock traded 843 units at $3.50, ISP Finance gained 50 cents, trading 1,000 shares at $20, Jamaican Teas closed 10 cents higher at $4.20, with 248,103 shares crossing the exchange. Jetcon Corporation  ended 28 cents higher at $2.10, with 10,813 shares changing hands, Lasco Distributors  ended trading 1,000 shares with a loss of 5 cents at $3.75,  Lasco Financial  traded 9,197 shares, with a loss of 2 cents at $4.68,  Lasco Manufacturing  rose 10 cents to close at $3.50, exchanging 28,100 stock units. Medical Disposables  ended with a loss of 5 cents at $6.80, with 2,000 shares changing hands, SSL Venture Capital  finished 1 cent higher at $1.62, trading 18,161 shares, Stationery and Office settled 1 cent higher at $9.01, with 19,956 stock units changing hands and tTech traded 9,421 shares and gained 10 cents in closing at $5.70.

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

Sharp rise in Junior Market index – Monday

The Jamaica Stock Exchange Junior Market index jumped sharply by 46.18 points to close at 3,118.75 on Monday as advancing stocks outpaced declining stocks by a ratio of 3 to 2.
The day’s gain brings to 11 the number of times the index recorded gained for May with just 3 days of declines.
At the close of market activities, 26 securities changed hands, compared to 25 on Friday and resulted in prices of 11 securities rising, 7 declining and 8 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 3 with lower offers.
Market activity led to an exchange of 1,462,465 units valued at $6,385,186 compared to 1,770,415 units valued at $8,192,998 on Friday. The average trade for the day amounts to 56,249 units for $245,584 each, in contrast to 70,817 units for an average of $327,720 on Friday. The average volume and value for the month to date amounts to 56,984 units for an average of $243,157 and previously, 56,984 units for an average of $243,157. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, AMG Packaging ended at $2.10, with 23,718 stock units crossing the exchange, Blue Power concluded trading with 8,387 units at $4.40, Caribbean Cream ended trading of just 100 shares, with a loss of 10 cents at $5.90, Caribbean Producers rose 10 cents to $4.90, with 4,953 units changing hands. Consolidated Bakeries closed at $1.80, after exchanging of 211,500 shares, Derrimon Trading closed at $3, with 22,800 shares changing hands, Everything Fresh finished with a loss of 8 cents at $1.45, with 10,800 stock units crossing the exchange, Elite Diagnostic ended trading of 100,548 shares with a loss of 65 cents to close at $3.35. Express Catering traded 35,183 shares and rose 10 cents to $7.10, FosRich Group finished trading 498,363 shares, with a loss of 25 cents at $4.75, Fontana closed at $4.55, with 118,747 stock units changing hands, General Accident gained 50 cents to end at $4.50, with an exchange of 25,000 units. GWest Corporation concluded trading of 5,000 shares for 6 cents higher at $1.45, Honey Bun finished with a loss of 49 cents at $4.50, with 25,090 shares crossing the exchange, iCreate settled at 85 cents trading 28,733 shares, Indies Pharma traded 61,820 stock units with a loss of 3 cents to end at $3.15. ISP Finance jumped $3.50 to $19.50, trading a mere 343 shares, Jamaican Teas  closed 45 cents higher at $4.10, with 15,500 shares crossing the exchange, Jetcon Corporation  ended 2 cents higher at $1.82, in exchanging 20,100 shares, Knutsford Express settled at $12.50, with 1,957 shares crossing the exchange. Lasco Distributors  ended trading of 37,739 shares at $3.80,  Lasco Financial  exchanged 53,699 shares, 19 cents higher at $4.70, Lasco Manufacturing  finished trading 10,150 stock units and rose 6 cents higher to $3.40, Main Event closed 44 cents higher at $5.50, with an exchange of 1,209 units. Stationery and Office settled with a loss of 49 cents at $9, with 140,452 stock units changing hands and tTech traded 574 shares and rose 30 cents to end at $5.60.

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