The junior enjoyed quite brisk trading on Jamaica Stock Exchange early Thursday driving the junior market index up by 44.65 points with 4 junior market companies having more than 100,000 units trading, with Lasco Manufacturing having 854,813 units changing hands. C2W music saw the price recovering to 20 cents from 17 cents with 210,000 shares trading.
Cable & Wireless was the only main market stock to see high volume as the stock had 3,153,049 units changing hands at 95 cents while Jamaica Stock Exchange traded 61,600 units at $28.50 and junior market Cargo Handlers hit a new high with 1,500 shares trading at $86.
Other trades of more than 100,000 units are, General Accident Insurance with 104,311 units at $2.30 and Lasco Distributors 485,970 shares at $7. Caribbean Creams ended up with 66,230 unit at $8.
At 10:45 am 24 securities traded, resulting in a volume of 5,070,164 shares carrying a value of $14,465,644 changing hands compared to 1,182,572 units with a value of $29,395,598 on Wednesday. The average number of shares traded amounts to 211,257 units compared to 51,416 units on Wednesday. The number of stocks falling are 6 while the prices of 8 securities rose as the market continues to consolidate with no new major developments or news to move prices in one direction or the other.
The all Jamaica Composite Index slipped 41.00 points to 176,953.05 the Jamaica Stock Exchange Market Indexdeclined 36.66 points to 159,269.26, the Jamaica Stock Exchange combined index climbed 424.13 points to close at 171,050.98 thanks to a sharp rise in the junior market and the junior market index climbed 44.64 points to 2,272.58.
Juniors dominate early trading
7 junior stocks up 4 down – Wednesday
Blue Power closed at a new high of $20.03 on Thursday.
Trading in the junior market resulted in 7 stocks rising, the same as on Tuesday, while 4 declined compared to 5 on Tuesday out of 13 securities that traded.
Trading ended with 7 securities closing with bids higher than their last selling prices and 3 ending with lower
offers as the supply of many stocks continue to evaporate thus setting the stage for a big push forward in the prices of many of the junior listings.At the close, AMG Packaging lost 5 cents and ended at $14.50, with 19,750 units changing hands, Blue Power rose 3 cents to close with 1,600 shares changing hands at a new 52 weeks’ closing high of $20.03. At the close there was only one offer to sell 25,000 shares at $25, Caribbean Producers had 55,974 units changing hands, to close with a gain of 30 cents at $3.50, Consolidated Bakeries traded 300 shares but lost 15 cents to close at $2.25, General Accident traded 4,400 units but lost 1 cent to end at $2.08. Honey Bun traded 374,000 units at $5.51, after rising 1 cent, Jetcon Corporation ended with 24,916 shares trading at $3.20,
Knutsford Express closed with 1,200 units changing hands, to end with a gain of 7 cents at a new closing high of $25.0, KLE Group traded just 100 units at $1.40. Lasco Distributors ended with 87,374 shares changing hands, gaining 30 cents, in the process to close at $6.90, Lasco Financial saw Mayberry Investments buying most of the stocks to trade, for in house purposes as 570,000 shares changed hands at $3.50, for a rise of 25 cents. Lasco Manufacturing fell 15 cents and closed at $4.50 with 342,295 shares trading and Paramount Trading jumped $1 in trading 2,000 shares at $13.
7 junior stocks up 5 down – Tuesday
tTech closed at $5 on Tuesday with the highest volume traded.
The market closed with 1,397,863 units trading, 13 percent more than on Monday, but the value traded fell 24 percent from Monday, with $6,429,584 changing hands on Tuesday. Trading in the junior market resulted in 7 stocks rising, down from 8 on Monday, while 5 declined up from only 1 on Monday out of 14 securities that traded.
Trading ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.At the close, AMG Packaging ended at $14.55, with 1,900 units changing hands, Caribbean Cream lost 50 cents to close with 78,131 shares changing hands at $7.50, at the close there was only three offers to sell 16,000 shares between $8 and $9.50. Caribbean Flavours traded 32,000 units to end at $8.50 with a rise of 74 cents, leaving two offers for 24,000 units between $8.50 and $9.59, Caribbean Producers had just 2,165 units changing hands, to close with a gain of 20 cents at $3.20. Consolidated Bakeries traded 16,560 shares and gained 5 cents to close at $2.40, C2W Music traded 20,000 units and was down 3 cents to a new low of 17 cents,
Honey Bun traded 25,000 units at $5.50 after rising 20 cents, Iron Rock Insurance rose 1 cent, in trading 5,000 units to close at $3.19. Jetcon Corporation ended with 399,800 shares trading with a gain of 30 cents to end at $3.20, at the close there was only one offer to sell at $4.80 but bids are not strong with 152,000 units from $2.80 to $3.01. Knutsford Express closed with 1,007 units changing hands to end at $25, but had only 248 shares on offer at the close at $29.50, Lasco Distributors ended with 11,702 shares changing hands with a loss of 10 cents at $6.60, Lasco Financial ended with 29,623 shares changing hands at $3.25, for a fall of 28 cents. Lasco Manufacturing fell 20 cents and closed at $4.65 with 71,642 shares trading and tTech jumped by 50 cents in trading 703,333 shares at $5. Trading removed almost all of the supply leaving only 26,000 units on offer at the close for the technology stock.
8 junior stocks rise 1 fall – Monday
C2W falls to a new low on the JSE on Tuesday.
At the end of trading only 8 stocks rose up from 7 on Friday, while only 1 declined down from 3 on Friday out of 13 securities that traded. The market closed with 1,236,624 units trading, 11 percent less than on Friday,
as the valued traded is 31 percent more than on Friday, with $8,459,914 changing hands on Monday. Trading ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.At the close, Access Financial end trading with 1,552 units at $17.50, AMG Packaging closed with a gain of 85 cents to end at $14.55, with 17,100 units changing hands, Caribbean Cream climbed 75 cents to close with 683,250 shares changing hands at $8. Caribbean Flavours traded 22,558 units to end at $7.76 with a rise of 56 cents, Caribbean Producers had just 170 units changing hands, to close at $3, Consolidated Bakeries traded 2,800 shares and gained 15 cents to close at $2.35.
C2W Music traded 100,000 units and was down 4 cents to a new low of 20 cents, General Accident traded 18,500 units at $2.09 after rising 4 cents, Jamaican Teas ended with 1,495 shares trading with a gain of 43 cents to end at $3.63. Lasco Distributors ended with 370,871 shares changing hands at up to $6.70, after trading earlier in the day at $6.50, Lasco Financial ended with 7,000 shares changing hands at $3.53, for a rise of 3 cents. Lasco Manufacturing rose 44 cents and closed at $4.85 with 9,800 shares trading and Medical Disposables traded 1,528 shares. At $3.55.
New high for Margaritaville in early session – Monday
Margaritaville Turks traded 339,428 at a new high of 23.95 US cents and gained 2.95 cents in the process In early morning trading on the Jamaica Stock Exchange, at 10:45 Am, there were no stock being offered for sale. Trading activity generally has been light in early trading with most prices inching up.
Demand came in for Seprod as the price climbed $1.50 with 88,000 shares trading at $20.50 and Scotia Group dropped $1.39 to $30. In the junior market AMG Packaging rose 85 cents with 17,100 units changing hands up to $14.55 while Lasco Distributors fell 20 cents with 166,700 shares trading at $6.50. C2W Music traded down 4 cents to a new low of 20 cents with 100,000 shares.
At 10:45 am 27 securities traded, resulting in a volume of 1,014,803 shares changing hands. The average number of shares traded amounts to 36,243 units compared to 59,281 units on Friday. The number of stocks falling so far amounts to 6 while the prices of 12 securities rose as the market continues to consolidate with no new major developments or news to move prices in one direction or the other.
The all Jamaica Composite Index rose 223.47 points to 177,766.67 the Jamaica Stock Exchange Market Index climbed 199.82 points to 159,996.78, the Jamaica Stock Exchange combined index gained 317.79 points to close at 170,876.16 and the junior market index up 12.90 points to 2,189.78.
7 junior stocks rise – Friday
ISP Finance traded at a new high of $6 on Friday
The Junior market closed on Friday with a fall of just 4.13 points in the market index, to close at 2,176.88 as the market continues in consolidation mood but as Cargo Handlers jumped $5.99 to a new high of $82, with 915 shares changing hands, to record gains of 116 percent for the year to date. ISP Finance jumped 78 cents and gained 200 percent since listing in March, to close at a new high of $6 while trading 22,082 shares.
At the end of trading only 7 stock rose up from 1 on Thursday and 3 declined down from 8 on Thursday out of 15 securities that traded on Friday.
The market closed with 1,387,475 units trading, 76 percent less than on Thursday, valued 60 percent less than on Thursday with $6,454,746 changing hands on Friday. Trading ended with 8 securities closing with bids higher than their last selling prices and 2 ending with lower offers.At the close, AMG Packaging closed with a gain of 14 cents at $13.70 with 1,750 units changing hands, Blue Power closed with 1,789 units changing hands at $20, Caribbean Cream closed with 92,693 shares changing hands and rose 24 cents to $7.25, after trading as high as $7.95. Caribbean Producers had 187,080 units changing hands, to close with a rise of 3 cents, at $3, Consolidated Bakeries traded 16,455 shares to close at $2.20.
Dolphin Cove traded 2,105 units at $15 after falling 20 cents, Honey Bun closed with 26,817 shares changing hands at $5.30, Knutsford Express traded 33,650 shares to close at $25, Lasco Distributors fell 20 cents to end with 24,854 shares changing hands at $6.70, Lasco Financial ended with 552,729 shares changing hands at $3.50, after rising 15 cents. Lasco Manufacturing lost 16 cents and closed at $4.41 with 409,706 shares trading, Medical Disposables traded 12,130 shares with the price gaining 35 cents to close at $3.55 and Sweet River had 2,000 shares trading to end at $3.85.
8 junior stocks fall 1 rise – Thursday
Blue Power rose to a 52 weeks’ high of $20 on Thursday
At the end of trading only 1 stock rose and 8 declined out of 13 securities that traded. The market closed with 5,883,994 units valued at $16,028,801 changing owners. One stock traded to close at a new high and two traded at intraday highs.
Trading ended with 7 securities closing with bids higher than their last selling prices and 2 ending with lower offers.At the close, Blue Power closed with a rise of 20 cents with 211 units changing hands at a new high of $20, Caribbean Cream closed with 7,500 shares changing hands at $7.01 after declining by 4 cents. Caribbean Producers after reporting a sharp fall in profit to only 10 US cents per share, had 3,539,137 units changing hands, to close with a loss of 53 cents, at $2.97, C2W Music traded 114,500 units at 24 cents, Consolidated Bakeries lost 14 cents in trading 43,245 shares to close at $2.20. General Accident traded 2,000,000 units at $2.05 after falling 25 cents,
Honey Bun declined by 50 cents with 4,500 shares changing hands, to close at $5.30, Jetcon Corporation ended with a loss of 31 cents to end at $2.90 after first hitting a new intraday high of $3.23, with just 70,243 shares changing hands. Knutsford Express traded 19,435 shares to close at $25 after hitting an intraday 52 weeks’ high of $26.11, Lasco Distributors fell 9 cents to end with 7,571 shares changing hands at $6.90, Lasco Manufacturing closed at $4.57 with 23,652 shares trading. Medical Disposables traded 4,000 shares with the price declining by 30 cents to close at $3.20 and tTech had 50,000 shares trading to end at $4.50.
Juniors rose modestly in August
Knutsford Express traded at an all-time high of $26 on Wednesday.
The participation rate on the final day of the month was good with 18 securities being active and resulted in the market closing trading with 1,201,093 units valued at $5,410,798. A total of 9 stocks rose and 4 declined. One stock traded to close at a new high and one traded at an intraday high.
Trading ended with 10 securities closing with bids higher than their last selling prices and 2 ending with lower offers.At the close, Access Financial ended trading with 2,337 units at $17.50, Blue Power closed with a rise of 30 cents with 433 units changing hands at a new high of $19.80, CAC 2000 traded 4,500 units to close unchanged at $6.40, Caribbean Cream closed with 7,578 shares changing hands at $7.05 after rising by 5 cents. Caribbean Producers had 55,189 units changing hands to close at $3.50, Consolidated Bakeries lost 6 cents in trading 7,502 shares to close at $2.34, General Accident traded 6,783 units at $2.30 after rising by a cent, Honey Bun had 69,795 shares changing hands to close at $5.80, after gaining 50 cents. Iron Rock Insurance traded 467,982 units but lost 12 cents in closing at $3.18,
Jamaican Teas lost 40 cents while trading 33,000 shares to close at $3.20, Jetcon Corporation ended with a gain of 5 cents at a new high of $3.21, with just 2,000 shares changing hands, KLE Group traded 4,750 shares at $1.40. Knutsford Express traded 10,300 shares to close at $25 after hitting an intraday 52 weeks’ high of $26. Lasco Distributors rose 29 cents and ended with 210,694 shares changing hands at $6.99, Lasco Financial ended with 16,393 shares changing hands to close at $3.35, after dropping 15 cents, Lasco Manufacturing closed at $4.57 with 183,348 shares trading, after rising 2 cents, Medical Disposables traded 75,000 shares with the price rising 41 cents to close at $3.50 and tTech rose 70 cents with 43,509 shares trading to end at $4.50.
Juniors lost ground modestly – Tuesday
Price movements at the close of trading on Tuesday on the junior market ended with 5 stocks rising and just 2 declining. The market closed with only 10 securities trading with the junior market index ending with a loss of 7.06 points to 2,200.57 and with 290,234 units valued at $1,466.535 trading.
Trading ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers. Cargo Handlers did not trade on Tuesday but close with a bid to buy 6,680 units at $80.01 and 2,000 units at $80, compared with the last sale of $76.01, if the stock trades at the bid price it would result in a gain for the year of $113 percent for 2016.
At the close, Caribbean Cream closed with 50,000 shares changing hands at $7 after rising by 50 cents, Caribbean Flavours rose 20 cents in trading 34,000 units to close at $7.20, 
Consolidated Bakeries lost 5 cents in trading 1,045 shares to close at $2.40. General Accident traded 7,142 units at $2.29, Honey Bun had 49,344 shares changing hands, to close at $5.30 after shedding 25 cents, Jetcon Corporation ended at $3.16 with 75,200 shares changing hands, Knutsford Express traded 111 shares at $25. Lasco Distributors rose 17 cents and ended with 12,550 shares changing hands at $6.70, Lasco Financial ended with 4,385 shares changing hands at $3.50, after gaining 15 cents and Lasco Manufacturing closed at $4.55 with 56,457 shares trading, after falling 15 cents.
Juniors lost ground on Monday
Price movements at the close of trading on Monday on the junior market contrasted sharply with Fridays close as just 4 gained versus 10 on Friday while 8 fell on Monday to only 2 on Friday. The market closed with 14 securities trading with the junior market index ending with a loss of 26.35 points to 2,207.63 and with 432,202 units valued at $2,568,857 trading.
Trading ended with 6 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
At the close, AMG Packaging gained 5 cents in trading 4,000 shares, to end at $13.56, Caribbean Cream closed with 200,203 shares changing hands at $6.50 after falling by 50 cents, Caribbean Producers fell 5 cents in trading 12,646 units to close at $3.50, Consolidated Bakeries lost 5 cents in trading 1,927 shares to close at $2.35. Dolphin Cove fell 41 cents and ended at $15.61 with 2,512 shares trading, General Accident lost 1 cent in trading 10,000 units at $2.29, Honey Bun had 14,971 shares changing hands, to close at $5.55, 
Jamaican Teas rose 20 cents with 3,697 units changing hands, to end at $3.60. Jetcon Corporation ended at $3.16 with 5,000 shares changing hands after rising 1 cent. Knutsford Express traded 211 shares at $25, Lasco Distributors dropped 47 cents and ended with 48,220 shares changing hands at $6.53, Lasco Financial ended with 430 shares changing hands at $3.35, after falling 15 cents, Lasco Manufacturing closed at $4.70 with 103,304 shares trading, after gaining 15 cents and tTech dropped $1.20 with 26,079 shares changing hands at $3.80.
