Lasco Distributors dominated trading in the morning session on the Jamaica Stock Exchange with 16,391,584 shares valued at $124,452,572, the stock traded down to $7.25 from $7.60 at the close on Tuesday. The only other trade in with six digits is Mayberry Investments with 131,434 units at $4.2o down from $4.50 it traded ta earlier in the morning.
After 75 minutes of trading, on Wednesday, all main indices rose. The average volume traded amounts to 697,832 units per active stock, compared to an average of 25,536 units in the mid-morning session on Tuesday. The big Lasco Distributors trade, pushed up the average today.
Trading resulted in activity in 24 securities, accounting for 16,747,973 shares changing hands as 8 stocks gained and 6 declined.
The market saw the all Jamaica Composite Index gained 873.76 points to 171,238.08, the JSE Market Index rose 781.28 points to 154,159.22, the JSE combined index ended with a rise of 926.69 points to 165,340.89 and the junior market index gained 19.50 points to 2,178.06.
LasD big early trade – Wednesday
3 Lascos dominate on Friday
Trading on the junior market saw more stocks rising than declining, but a fall of $1.30 in the price of Lasco Manufacturing resulted in the junior market index falling by 38.55 points to end at 2,064.85 as the three Lasco listed companies accounted for the bulk of the volume for the day. .
There were 12 active securities trading, with 8 advancing and 3 declining. At the close, 9 stocks closed with bids higher than the last selling prices and 3 ended with lower offers. Volume traded is 2,216,522 shares valued at $11,878,080.
At the end of trading in a market, AMG Packaging traded 16,841 shares at $13, Caribbean Cream traded 68,200 units to gain 15 cents and end at $4.35, Honey Bun rose 20 cents to end at $17.20 with 305 shares trading. Iron Rock Insurance traded at $3.35 at the close while 8,800 shares changed hands, with a gain of 5 cents, Jamaican Teas traded 25,571 shares and fell 1 cent to end at $3.99, Jetcon Corporation gained 20 cents to end at $2.90 while only 500 units traded. Knutsford Express traded 9,600 shares but fell $2.10 to $16.80, Lasco Distributors rose 35 cents and ended at $7.60 with 998,711 shares trading, Lasco Financial gained 15 cents to close at $3.15 with 569,195 shares changing hands. Lasco Manufacturing fell $1.30 to close at $3.55 with 488,299 shares trading, Medical Disposables rose by 10 cents in trading 30,000 shares to close at $3.20 and tTech ended with 500 units changing hands to end with a gain of 27 cents at $4.45.
Mayberry 17m trade – Friday
Mayberry Investments dominated trading with 17,605,039 shares but the price declined to $3 in the mid-morning session on the Jamaica Stock Exchange. Other trades of import are Lasco Distributors with 684,917 units at $7.20 and Lasco Financial Services 422,346 units at $3.
After 90 minutes of trading, on Friday, the average volume traded amounts to 657,664 units per active stock, compared to an average of 149,862 units traded in the mid-morning session on Thursday. A total of 30 securities accounting for 19,729,923 shares changed hands as 7 stocks gained and 11 declined.
The market saw the all Jamaica Composite Index gained 623.18 points to 166,663.13, the JSE Market Index rose 557.22 points to 150,068.48, the JSE combined index ended with a rise of 116.53 points to 160,380.11 and the junior market index declined 39.14 points to 2,064.26.
Trading falls for juniors – Thursday
At the close, 7 stocks closed with bids higher than the last selling prices and 3 ended with lower offers. Volume traded is 3,938,670 shares valued at $14,970,710.
At the end of trading in a market, AMG Packaging traded 1,848 shares at $13, Caribbean Cream traded 133,566 units to gain 20 cents and end at $4.20, Consolidated Bakeries rose 8 cents in trading 18,782 shares to close at $1.25, Honey Bun rose $1.20 to end at $17 with 4,000 shares trading. Iron Rock Insurance traded at $3.30 while 9,786 shares changed hands with a gain of 20 cents, ISP Finance had 50,000 shares changing hands and rose 29 cents to close at $2.74, Jamaican Teas traded 5,000 shares and gained 30 cents to end at $4, Jetcon Corporation fell 15 cents to end at $2.70 while 880, 327 units traded. Lasco Distributors rose 5 cents and ended at $7.25 with 272,349 shares trading. Lasco Financial lost 10 cents to close at $3 with 1,397,376 shares changing hands, Lasco Manufacturing rose 15 cents to close at $4.85 with 1,213,474 shares trading and tTech ended with 2,162 units changing hands to end with a gain of 3 cents at $4.18.
Juniors dip as 8 stocks fall – Tuesday
Trading on the junior market resulted in more stocks declining than rising by a wide margin and ended with the index dropping 37.33 points end at 2,067.53 on Tuesday. A volume of 3,312,315 shares valued at $12,515,372 traded, including two large trades, with Lasco Manufacturing accounting for 1,106,586 shares and Caribbean Producers with 1,063,150 shares.
The market closed with 16 active securities, 2 of which advanced and 8 declined while 2 stocks closed with bids higher than the last selling prices and 3 ended with lower offers.
At the end of trading in a market, Access Financial Services closed at $16.50 with 5,000 units changing hands, Caribbean Cream traded 109,925 units but lost 17 cents to end at $3.83, Caribbean Flavours lost 5 cents to close at $8.50 while 1,222 shares were traded, Caribbean Producers fell 10 cents to end at $3.90. Consolidated Bakeries fell 10 cents in trading just 122,376 shares to close at $1.20, C2W Music had 29,019 units changing hands at 32 cents, General Accidents closed at $2.65 with 136,177 shares changing hands, Honey Bun rose 50 cents to end at $16 with 8,527 shares trading. Iron Rock Insurance fell 40 cents to $3.10 while trading 118,926 shares, ISP Finance had 19,300 shares changing hands, at $2.45, Jamaican Teas traded 74,583 shares at $3.50, KLE Group traded 331,000 shares at $1.40, Lasco Distributors lost 98 cents and ended at $6.52 with 115,359 units trading. Lasco Financial closed at $3 with 43,200 shares changing hands but with a loss of 3 cents, Lasco Manufacturing gained 20 cents to close at $4.75 and tTech fell 3 cents and ended with 27,965 shares changing hands at $4.15.
Juniors pulled back – Monday
The market closed with 15 active securities, 2 of which advanced and 5 declined while 4 stocks closed with bids higher than the last selling prices and 4 ended with lower offers.
At the end of trading in a market, Access Financial Services closed at $16.50 with 150 units changing hands, AMG Packaging gained $1 to close at $13 with 12,460 units changing hands, Caribbean Cream traded 62,882 units at $4, Caribbean Producers traded 4,150 units to end at $4. Consolidated Bakeries fell 1 cent in trading just 500 shares to close at $1.20, C2W Music had 1,000 units changing hands at 32 cents after losing just 1 cent, Dolphin Cove traded 20,000 shares at $13, General Accident closed at $2.65 with 1,447,523 shares changing hands, Honey Bun rose $2.50 to end at $15.50 with 3,000 shares trading. Key Insurance fell by 5 cents to close at $2.50 after 7,913 shares changed hands, Lasco Distributors ended at $7.50 with 344,182 units trading, Lasco Financial closed at $3.03, with 347,500 shares changing hands. Lasco Manufacturing fell 15 cents with 1,436,456 shares changing hands to close at $4.55 and tTech ended with 29,200 shares changing hands at $4.18.
Juniors jump 8% on – Friday
The junior market index jumped sharply by 159.72 points or 8 percent on top of the 72.93 points it gained on Thursday to end at 2,114.08 on Friday. As was the case on Thursday Lasco Distributors and Manufacturing made big impression on the market index. The volume traded ended with 2,723,962 units valued at $12,229,768, changing hands. The market closed with 16 active securities, 9 of which advanced and 3 declined while one stock closed at a 52 weeks’ high.
At the close of trading 4 stocks closed with bids higher than the last selling prices and just 4 ended with lower offers.
At the end of trading in a market with price gains dominated by the Lasco companies, AMG Packaging closed with a loss of 2 cents in trading 5,540 units to end at $12, CAC 2000 traded 1,400 shares 40 cents higher to close at $6.90. Cargo Handlers ended with 100 shares changing hands for a gain of $1.49 and closed at a 52 weeks’ high of $45, Caribbean Cream traded 233,322 units at $4, Caribbean Producers traded 100,000 units to end at $4, Consolidated Bakeries gained 11 cents in trading 7,870 shares to close at $1.21, Dolphin Cove traded 714 shares to close at $13. Iron Rock Insurance 28,000 units on the bid at $3.50, ISP Finance had 20,719 units changing hands but lost 5 cents to close at $2.45, Jetcon Corporation had 575,835 shares trading with a gain of 3 cents at $2.50, Key Insurance rose by 5 cents to close at $2.55 after 30,114 shares changed hands, Lasco Distributors jumped $1.29 to end at $7.50 with 528,460 units trading, Lasco Financial gained 4 cents to close at $3.03, with 117,447 shares changing hands. Lasco Manufacturing gained 56 cents with 977,026 shares changing hands to close at $4.70, Medical Disposables closed at $3.10 with 50,000 shares trading with a loss of 5 cents, tTech ended with 47,415 shares changing hands with a gain of 1 cent at $4.18.