Junior stocks jump on Thursday

Honey Bun was the lead trade with 1 million shares.

Honey Bun was the lead trade with 1 million shares.

Trading volume fell back to more normal levels on the junior market of the Jamaica Stock Exchange on Thursday although Honey Bun had 1,002,000 units changing hands.
Market activity resulted in advancing stocks over powered declining stocks 8 to 4, pushing the junior market index up by 33.53 points to 2,427.87 to be up 36 percent for the year to date.
At the close, 19 securities up from 12 on Wednesday but the trading volume dropped 82 percent from Wednesday’s levels, ending with 1,643,799 units changing hands, while value traded, declined 79 percent to $10,731,708 from $51,520,805, on Wednesday.
ICI Jm sum 13-10-16Market activities ended with 2 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
In other trading activity, Access Financial jumped $2.60 and ended trading with 950 units to end at $21, AMG Packaging dropped 50 cents to end at $19.50 with 12,000 units changing hands, Blue Power closed with 2,678 units changing hands to close at $24.10 after falling 10 cents, Cargo Handlers traded 325 shares at $90. Caribbean Cream closed trading with 386,761 units at $9.38 and fell 62 cents following flat results for the company’s second quarter, after increased revenues were negated by rising administrative cost. Caribbean Producers traded 65,208 units to end at $3.51, Dolphin Cove traded 2,500 shares and lost 95 cents to end at $12.05, General Accident closed trading with 9,576 units at $2.61, ICI Jm trd sht 13-10-16Honey Bun traded 1,002,000 shares and rose 10 cents to $6.10, Jamaican Teas traded 1,886 units to end at $4. Jetcon Corporation gained 20 cents with 87,175 units changing hands, to end at $4, KLE Group ended at $2.09 with 11,300 shares changing hands after rising by 16 cents, Knutsford Express traded just 100 units and gained $1.20 to close at $23.20, Lasco Distributors had 23,350 units trading and closed 25 cents higher at $7. Lasco Financial gained 10 cents and ended with 18,250 shares changing hands at $3.20, Lasco Manufacturing closed with a gain of 1 cent at $5 with 17,440 shares trading and Paramount Trading ended with 2,300 shares changing hands at $25.

Trading jumps for juniors stocks – Wednesday

Medical Disposables at new high.

Medical Disposables at new high.

Trading volume jumped to 8 times to that on Tuesday on the junior market of the Jamaica Stock Exchange on Wednesday. The level of trading was boosted by 7 million shares of Lasco Manufacturing.
Market activity resulted in advancing stocks being edged by declining stocks 4 to 5, pushing the junior market index down by 20.19 points to 2,394.34.
At the close, 13 securities traded as trading jumped 728 percent from Tuesday’s levels, ending with 9,170,473 ICI Jm sum 12-10-16units changing hands, than on Tuesday, while value traded, jumped 510 percent to $51,520,805 from $8,452,329, on Tuesday.
Market activities ended with 6 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
In other trading activity, AMG Packaging jumped $2.40 to end at $20 with 21,662 units changing hands, Blue Power closed with 1,240 units changing hands to close at $24.50 after falling $3.50, Caribbean Cream closed trading with 80,500 units at $10. Caribbean Flavours traded 894,508 units to end at $8.60 with a rise of 60 cents, ICI Jm trd sht 12-10-16Caribbean Producers gained 1 cents in trading 17,000 units to end at $3.51, Honey Bun traded 17,036 shares and fell 20 cents to $6, Jamaican Teas traded 3,296 units to end at $4. Jetcon Corporation lost 20 cents with 6,200 units changing hands, to end at $3.80, Lasco Distributors had 800,475 units trading and closed at $7, Lasco Financial fell 10 cents and ended with 69,370 shares changing hands at $3.10, Lasco Manufacturing closed at $4.99 with 7,025,629 shares trading. Medical Disposables traded 213,287 with a gain of 18 cents to end at a 52 weeks’ high of $5.05 and Paramount Trading dropped $1 to end with 20,270 shares changing hands at $25.

Juniors drop with falling stocks on top – Tuesday

Blue Power closed at a new high of $28 on Tuesday.

Blue Power closed at a new high of $28 on Tuesday.

Trading on the junior market of the Jamaica Stock Exchange on Tuesday, resulted in advancing stocks being edged by declining stocks 5 to 8 pushing the junior market index down by a sizable 63.25 points or 2.55 percent to 2,414.53.
At the close, 17 securities traded, including one closing at a new high. Trading jumped 122 percent from Monday’s levels, ending with 1,107,820 units changing hands, while value traded, jumped 273 percent to $8,452,329 from $2,265,060, on Monday.
Market activities ended with 6 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
ICI Jm sum 11-10-16Trading activity, AMG Packaging closed with a fall of $1.40 cents at $17.60 with 600 units changing hands, Blue Power closed with 1,600 units changing hands to close at a new high of $28 with a rise of $3.25, Cargo Handlers that will split its stock 10 for 1, effective October 22, traded 3,170 shares at $90. Caribbean Cream gained 70 cents in trading 255,168 units to end at $10, General Accident dropped 4 cents and closed with 904 units changing hands at $2.61, Honey Bun traded 94,223 shares at $6.20. Iron Rock fell 16 cents in trading 10.000 shares to close at $3.19, ICI Jm trd sht 11-10-16Jamaican Teas traded only 1,712 units but gained 10 cents to end at $4, Knutsford Express lost $1.20 with 2,000 units changing hands to end at $22, Lasco Distributors fell 89 cents with 203,221 units trading to close at $7. Lasco Financial ended with 347,939 shares changing hands at $3.20, Lasco Manufacturing lost 1 cents and closed at $4.99 with 28,330 shares trading, Paramount Trading climbed $1.50 to end with 76,445 shares changing hands at a 52 weeks’ high of $26. tTech traded 4,031 with a gain of 20 cents to end at $5.05 and Eppely 10% preference traded 15,000 shares at $6.10.

JSE shares fall in early trading – Tuesday

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The Jamaica Stock Exchange market stocks indices fell in Tuesday morning trading with volume increasing over Monday’s levels.
ICI JSE int trd 11-10-16At 10.55 am, a total of 28 securities traded, resulting in a volume of 2,592,474 shares changing hands carrying a value of $31,641,641, compared to 621,667 shares changing hands carrying a value of $3,693,105 on Monday.
The average number of shares traded amounts to 92,588 units compared to 28,258 on Monday. Market activity resulted in 10 stocks falling while the prices of 5 securities rose.
Cable & Wireless traded 103,300 units at 98 cents, JMMB Group 7.50% preference shares had 442,000 units at $1.10, Radio Jamaica 105,595 shares at $1.55, Sagicor Group traded 1,006,427 shares at $23.82, Caribbean Cream traded 55,000 at $9.45, Lasco Distributors had 203,221 shares traded at $7 after losing 89 cents and Lasco Financial Services had 301,293 units changing hands at $3.20.
The all Jamaica Composite Index fell 211.65 points to 186,202.76 the Jamaica Stock Exchange Market Index fell 189.25 points to 167,540.16, the Jamaica Stock Exchange combined index slipped 682.12 points to close at 180,322.46 and the junior market index dived 49.31 points to 2,428.47.

Juniors climb to new record high – Monday

Trading on the junior market of the Jamaica Stock Exchange on Monday, resulted in advancing stocks edging declining stocks 5 to 4 pushing the junior market index by a robust 27.40 points to 2,477.78.
ICI Jm sum 10-10-16At the close, 2 securities traded, including one closing at new highs. Trading slipped from Friday’s levels, ending with 499,330 units changing hands, 48 percent lower than on Friday, while value traded, dropped 63 percent to $2,265,060 from $6,200,775, on Friday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In market activity, Cargo Handlers that will split its stock 10 for 1, effective October 22 traded 3,500 shares on Monday at a new high to close $3.90 higher at $90. The stock closed with the bid at $87 to buy 393 units, with an offer at $90 to sell 42,051 units.
In other trading activity, AMG Packaging closed with a gain of $1.50 cents at $19.50 with 5,000 units changing hands, Caribbean Producers remained unchanged in trading 1,950 units to end at $3.50, ICI Jm trd sht 10-10-16Derrimon Trading climbed 49 cents and closed with 96,209 units changing hands at $4, Honey Bun rose 10 cents in trading 38,789 shares at $6.20. Iron Rock traded 1,400 shares to close at $3.35, KLE Group ended at $1.89 with 35,435 shares changing hands after falling by 16 cents, Knutsford Express lost 80 cents with 939 units changing hands to end at $23.20, Lasco Distributors rose 39 cents with 7,865 units trading, at $7.89. Lasco Financial lost 2 cents and ended with 267,828 shares changing hands at $3.20, Lasco Manufacturing closed at $5 with 33,115 shares trading and tTech traded 7,300 with a loss of 15 cents to end at $4.85.

Juniors squeeze out a record – Friday

Paramount traded at a new high on Friday with a gain of $2.50.

Paramount traded at a new high on Friday with a gain of $2.50.

Trading on the junior market of the Jamaica Stock Exchange on Friday, resulted in of advancing stocks being overwhelmed by declining stocks but eked out a narrow increase in the index. During early trading, the junior market index jumped a robust 29.13 points to 2,472.28 but ended at 2,450.38 for a closing high, by climbing 7.23 points for an increase of 36.8 percent for 2016.
At the close, 1 stock rose and 7 declined out of 12 securities trading, including two closing at new highs. Trading slipped from Thursday’s levels, ending with 952,581 units changing hands, 46 percent lower than on Thursday, while value traded, dropped 13 percent to $6,200,775 from $7,158,594, on Thursday.
ICI Jm sum 7-10-16rMarket activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In market activity, Cargo Handlers that will split its stock 10 for 1, effective October 22 has not traded since September 12 when it closed at $86.10. The stock closed with the bid at $87.05 to buy 2,010 units at the close of trading with an offer at $90 to sell 45,551 units.
In trading activity, Caribbean Cream gave back 10 cents with 339,094 shares changing hands to end at $9.30, Caribbean Flavours closed with the price falling 99 cents in trading 2,600 units at $8. Caribbean Producers remained unchanged in trading 85,306 units to end at $3.50.ICI Jm trd sht 7-10-16Consolidated Bakeries traded 33,310 shares to close at $2.50, Derrimon Trading lost 9 cents and closed with 174,323 units changing hands at $3.51, Honey Bun traded 30,861 shares at $6.10. Jamaican Teas traded 16,761 shares to close at $3.90 after falling by 10 cents, Lasco Distributors lost 2 cents with 164,221 units trading, at $7.50, Lasco Financial ended with 10,000 shares changing hands at $3.22. Lasco Manufacturing closed at $5 with 20,000 shares trading, Paramount Trading closed with a gain of $2.50 at a 52 weeks’ high of $24.50 with only 150 shares changing hands and tTech traded 75,955 with a loss of 58 cents to end at $5.

Juniors jump to another new record

Junior market stocks are trading in record territory in early morning session on the Jamaica Stock Exchange with Lasco Distributors rising to $7.85. Main market stock slipped with Scotia Investments falling from $30 to $27 on a day of moderate volumes.
ICI JSE int trd 7-10-16Up to 10:45 am, JMMB Group traded 12,790 units at a 52 weeks’ high of $15 and Paramount Trading had 150 shares changing hands at a new all-time high of $24.50. Cable & Wireless had 100,000 shares changing hands with a loss of 4 cents at 92 cents, Caribbean Cream fell 40 cents and last traded at $9.10 with 35,000 units changing hands, Honey Bun traded 29,651 unit at $6.15 and Lasco Distributors gained 33 cents in trading 51,000 shares at $7.85.
A total of 26 securities traded, resulting in a volume of 423,544 shares changing hands carrying a value of $4,545,931, compared to 821,407 shares changing hands carrying a value of $7,914,772 on Thursday. The average number of shares traded amounts to 16,290 units compared to 27,380 on Thursday. Market activity resulted in 8 stock falling while the prices of 9 securities rose.
The all Jamaica Composite Index fell 136.42 points to 185,016.35, the Jamaica Stock Exchange Market Index fell 121.98 points to 166,479.30, the Jamaica Stock Exchange combined index climbed 186.03 points to close at 179,788.63 and the junior market index gained 29.13 points to a record 2,472.28.

Juniors up 36% in 2016 to new record

ISP Finance gained 250% to a new high of $7 & helped the JM to a 36% gain for 2016.

ISP Finance gained 250% to a new high of $7 & helped the JM to a 36% gain for 2016.

Trading on the junior market of the Jamaica Stock Exchange on Thursday, resulted in an even number of advancing and declining stocks. The market index hit a new high of 2,443.15, by climbing 10.72 points and 36.4 percent for 2016. At the close, 4 stocks rose and 4 declined with 17 securities trading including two closing at new highs.
Trading slipped from Wednesday’s levels, ending with 1,753,530 units changing hands, 12 percent lower than on Wednesday, while value traded, dropped 31 percent to $7,158,594 from $10,428,547, on Wednesday.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In market activity since trading on September 12 at $86.10, Cargo Handlers has still not traded with the bid at $88 to buy 207 units. The stock is on offer at $90 to sell 45,551 units.ICI Jm sum 6-10-16 The stock will be split 10 for 1 stock, effective October 22.
In trading activity, AMG Packaging closed with a fall of 5 cents at $17.50 with 889 units changing hands, Blue Power gave up 25 cents in trading just 100 shares at $24.75, Caribbean Cream gave back 60 cents with 58,577 shares changing hands to end at $9.40, Caribbean Flavours closed with the price unchanged in trading 12,000 units at $8.99. Caribbean Producers remained unchanged in trading 1,065,000 units to end at $3.50. C2W Music closed with 10,000 units changing hands to close at 24 cents, Consolidated Bakeries gained 10 cents in trading 841 shares to close at $2.50, ICI Jm trd sht 6-10-16General Accident Insurance closed with 225,500 units changing hands at $2.65, Honey Bun traded 60,800 shares at $6.10. ISP Finance traded 51,809 shares and gained 39 cents, to close at an all-time high of $7, Jamaican Teas traded 7,145 shares to close at $4, Knutsford Express closed at $24 with 100 units, Lasco Distributors gained of 2 cents with 103,000 units traded, at $7.52, Lasco Financial lost 13 cents and ended with 126,185 shares changing hands at $3.22. Lasco Manufacturing closed at $5.10 with 27,584 shares trading and Paramount Trading closed with a gain of $2.50 at a 52 weeks’ high of $22 with 2,000 shares changing hands.

Another record close for juniors – Wednesday

Caribbean Cream ended at a new closing high on Wednesday of $10 & is up 900% since listing in 2013..

Caribbean Cream ended at a new closing high on Wednesday of $10 & is up 900% since listing in 2013..

Trading on the junior market of the Jamaica Stock Exchange resulted in more than a 2 to 1 advance decline ratio. The market index hit a new high of 2,432.43, by climbing 2.23 percent to record an increase of 53.11 points. At the close, 10 stocks rose and 4 declined with 17 securities trading.
Trading volume rose strongly from Tuesday’s levels, ending with 1,995,508 units changing hands, 402 percent higher than on Tuesday, while value traded jumped 659 percent to $10,428,547 from $1,373,477, on Tuesday.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
In market activity Cargo Handlers stock has not traded since it closed at $86.10 on September 12, the market closed today with the bid at $87 to buy 393 units, a total of ICI Jm sum 5-10-16 45,551 units were offered for sale at $90, the will be split 10 for 1 stock, effective from the close of business on October 21.
In trading activity, AMG Packaging closed with a fall of 45 cents at $17.55 with 615 units changing hands, Caribbean Cream gained 70 cents with 541,070 shares changing hands to end at a 52 weeks’ closing high of $10, Caribbean Producers gained 20 cents in trading 435,000 units to end at $3.50. Dolphin Cove gained 50 cents to end at $13 after trading 100 shares, General Accident Insurance rose 1 cent with 139,954 units changing hands at $2.65, Honey Bun traded 7,386 shares at $6.10, Iron Rock Insurance traded 313,700 shares and gained 5 cents to end at $3.35, Jamaican Teas lost 4 cents in trading 2,000 shares to close at $4.ICI Jm trd sht 5-10-16 Jetcon Corporation traded 108,111 shares and gained 8 cents to close at $4.59, Key Insurance closed down to end at a 52 weeks’ low of $2.25 with 27,266 units, for a loss of 5 cents, KLE Group ended at $2.05 with 3,760 shares changing. Lasco Distributors closed with rise of 45 cents as 41,072 units traded at $7.50, Lasco Financial ended with 72,300 shares changing hands at $3.35, after rising 5 cents, Lasco Manufacturing closed at $5.10 with 60,135 shares trading to gain 5 cents. Medical Disposables traded 22,991 shares and gained 6 cents to close at $4.42, tTech climbed 28 cents and ended with 8,548 shares changing hands at $5.58 and Derrimon Trading preference share fell 10 cents and ended with 211,500 units changing hands at $2.10.

Juniors’ advancers beat decliners – Tuesday

The junior market within touch of record territory

The junior market within touch of record territory

Trading on the Junior market resumed after closing on Monday due to the expected passage of hurricane Mathew and ended slightly down at the close of trading. The index measuring the emerging companies ended at a new high of 2,379.32 for a fall of 10.58 points. At the close 6 stocks rose and 4 declined with 14 securities trading.
Trading volume rose strongly from Friday’s levels, ending with 397,764 units changing hands, 88 percent lower than on Friday, while the value traded dropped 89 percent to $1,373,477 from $12,272,247, on Friday.
Market activities ended with 8 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
ICI Jm sum 4-10-16In market activity Cargo Handlers stock has not traded since it closed at $86.10 on September 12, the market closed today with the bid at $88 to buy 3,000 units, with no units offered for sale, the will be split 10 for 1 stock, effective from the close of business on October 21.
In trading activity, AMG Packaging closed with a gain of 50 cents at $18 with 920 units changing hands, Caribbean Cream gained 1 cent with just 500 shares changing hands to close at $9.30, Caribbean Producers traded 200,000 units to end at $3.30, Consolidated Bakeries dropped 5 cents to end at $2.40 after trading 50,000 shares. C2W Music closed with 21,500 units changing hands to close at 24 cents, Derrimon Trading rose 10 cents and closed with 5,000 shares at $3.60, General Accident Insurance rose by 24 cents with 3,620 units changing hands at $2.64,ICI Jm trd sht 4-10-16 Honey Bun traded 3,800 shares at $6.10 after falling 9 cents. Jamaican Teas rose 14 cents in trading 4,400 shares to close at $4.04, Key Insurance that was under selling pressure for weeks finally traded down to end at a 52 weeks’ low of $2.29 with 2,500 units for a loss of 10 cents, but the stock was on offer at $2.25. There were no bids to buy the stock at the close. KLE Group ended at $2.05 with 9,500 shares changing hands after falling by 5 cents, Lasco Distributors closed with a loss of 5 cents as only 499 units traded at $7.05, Lasco Financial ended with 9,703 shares changing hands at $3.35, after rising 5 cents and Lasco Manufacturing closed at $5.05 with 85,822 shares trading.