Lasco Financial Services

Junior market trades up

June 17, 2015 by IC Insider.com

Blue Power gained $1 to close at $10.50

Trading on the Junior Market closed with 7 securities trading, resulting in 422,093 units changing hands valued at $977,423. The JSE Junior Market Index gained 3.94 points to close at 911.13, with the price of 4 stocks advancing, none declining and none closing at 52 weeks’ high or low.
At the close of the market, there were 7 stocks with bids higher than their last selling prices and only 3 with lower offers and with 4 securities closing with no bids to buy and 5 securities that had no stocks being offered for sale. The indicator is pointing to the strong probability of more stocks rising on Thursday that declining.

Stocks trading in the junior market are, AMG Packaging ending with 6,000 shares changing hands to close unchanged at $3.17, Blue Power closed with 2,000 shares trading at $10.50 to gain $1, Caribbean Producers ended with 116,590 shares trading to close at $3, but traded as low as $2.88. Lasco Distributors with 9,499 shares changing hands, closed unchanged at $1.60, Lasco Financial Services finished trading with 42,272 units, with the price inching up by 1 cent to $2. Lasco Manufacturing had 55,411 changing hands 2 cents higher to $1.32 and Medical Disposables contributed 190,321 shares with the price rising 2 cents, to $2.25.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, Caribbean Producers (CPJ), Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Medical Disposables

Are juniors set to rise Wednesday?

June 16, 2015 by IC Insider.com

Trading on the Junior Market ended with 8 securities trading with 899,009 units changing hands valued at $1,684,866. The JSE Junior Market Index gained 3.51 points to close at 907.19, with the price of 1 stock advancing and 5 declining. No stock closed at 52 weeks’ high.
At the close of the market, there were 10 stocks with bids higher than their last selling prices and only 3 with lower offers, this suggest that advancing stocks should beat out declining ones on Wednesday. The junior market ended with 4 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, AMG Packaging ending with 5,000 shares changing hands, to close 2 cents lower at $3.17. Caribbean Cream closing with 316,243 shares trading at $1.70 at the close, after shedding 30 cents, Jamaican Teas with 15,000 shares trading, ended at $3.52, Lasco Distributors trading 10,000 shares, 19 cents higher, at $1.60. Lasco Financial Services finished trading with 120,000 units and the price slipped 5 cents to $1.99, Lasco Manufacturing had 158,000 shares trading lower by 16 cents to $1.30, Medical Disposables had 274,266 shares changing hands at $2.20 for a loss of 10 cents and Paramount Trading ended trading with 600 shares at $5.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Jamaican Stock, Jamaican Teas, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Medical Disposables

Junior market slips slightly

June 15, 2015 by IC Insider.com

Cargo Handlers closed at a new high of $24 on Monday

Trading ended on the Junior Market with 9 securities trading, and ended with 1,636,539 units changing hands valued at $3,113,265. The JSE Junior Market Index 5 declined 3.65 points to close at 903.68, with the price of 5 stocks advancing and 3 declining with 2 closing at a 52 weeks’ high.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and only 4 with lower offers. Trading ended with 4 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Cargo Handlers traded at a new high of $24 with 1,415 units to gain 49 cents on Friday’s last sale price.

Caribbean Cream traded at a new all-time high of $2 but slipped back to $1.85 having traded 36,865 shares and closed with the offer at $1.80 to sell 100 shares. General Accident Insurance concluded trading with 106,178 shares changing hands to close 19 cents lower at $1.56, Jamaican Teas closed with only 2,070 shares trading at $3.52, for a 2 cents fall, Lasco Distributors traded 252,985 shares, 1 cent higher at $1.41, Lasco Financial Services finished trading with 1,202,900 units, the price gained 4 cents to $2.04. Lasco Manufacturing had trading in 23,584 shares to gain 1 cent to $1.46, Medical Disposables contributed 8,000 shares with the price rising 20 cents, to close at a 52 weeks’ high of $2.30 and Paramount Trading ended trading with 2,542 shares with a decline of 50 cents at $5.

Filed Under: JSE Junior Market, Stock Market Tagged With: Cargo Handlers, Daily Trading, General Accident, Jamaican Stock, Jamaican Teas, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Medical Disposables, Paramount Trading, Trading Activity

9 down 3 up on junior market

June 12, 2015 by IC Insider.com

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Trading picked up on the Junior Market with 15 securities trading, and ended with 1,497,036 units changing hands valued at $. The JSE Junior Market Index declined 25.44 points to close at 907.33, with the price of 3 stocks advancing and 9 declining and 2 closing at 52 weeks’ high.
At the close of the market, there is just 1 stock with the bid that is higher than their last selling price and only 2 with lower offers. The junior market ended with 4 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, AMG Packaging, ending with 5,500 shares changing hands, to close 1 cent lower at $3.19, Caribbean Cream trading 20,000 shares, 10 cents higher to new all-time high of $1.85, Caribbean Flavours finishing with 1,667 shares trading to close 1 cents higher at $2.09. Consolidated Bakeries ended with 65,234 units changing hands but lost 2 cents to close at $1.15, Derrimon Trading finished with 3,599 shares trading to close 10 cents higher at $2.20. Dolphin Cove concluding trading with 3,333 shares changing hands to close 25 cents lower at $11. General Accident Insurance ended trading with a loss of 20 cents to close at $1.75 with 34,252 shares trading, Honey Bun lost 33 cents in trading just 2,053 units. KLE Group traded 3,500 shares at 70 cents, Lasco Distributors traded 348,516 shares to close lower by 20 cents at $1.40, Lasco Financial Services finished trading with 671,000 units with the price slipping 6 cents to $2. Lasco Manufacturing had 124,982 shares changing hands as the stock traded lower by 5 cents to $1.45, Paramount Trading ended trading with 200,000 shares to end unchanged at $5.50 and Eppley 10% preference share closed trading with 8,400 units and lost just 1 cent to $6 and the company’s 9.5% preference share saw 5,000 units treading at $6.01

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Caribbean Flavours, Consolidated Bakeries, Derrimon Trading, Dolphin Cove, Eppley, General Accident, Honey Bun, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Paramount Trading, Purity, Trading Activity

Record highs for junior stocks

June 11, 2015 by IC Insider.com

Lasco Financial closed at a new all-time high of $2.06.

Trading picked up on the Junior Market with 7 securities trading, and ended with 874,808 units changing hands valued at $2,003,620. The JSE Junior Market Index lost 1.92 points to close at 932.77, with the prices of 3 stocks advancing, 2 declining, 3 closing at 52 weeks’ high and one at a low. Paramount Trading hit a new high of $6.10 during trading but closed back at Wednesday’s last traded price of $5.50.
At the close of the market, there was 1 stock with the bid higher than the last selling price and 3 with lower offers. The junior market ended with 4 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Cream traded with 100,000 units changing hands, 10 cents higher, at $1.75 for a new all-time high. KLE Group with 15,000 shares trading closed 5 cents lower at new low of 70 cents,

Lasco Distributors with 131,195 shares trading, lost 5 cents in closing at $1.05, Lasco Financial Services finished trading with 350,600 units, closed with a gain of 8 cents to new a new 52 weeks’ high of $2.06, making it the first of the three Lasco companies to break the $2 barrier although it was the last of the three to really shot up. Lasco Manufacturing end with 73,470 shares trading at $1.50, Medical Disposables traded 95,000 shares to end at a new 52 weeks’ high of $2.10 after adding 10 cents and Paramount Trading ended trading with 109,543 shares to end at $5.50, after trading as high as $6.10. At the close, Access Financial seems set to fall with an offer at $15.54 to sell 15,000 units well below the last traded price of $16.75.

Filed Under: JSE Junior Market, Stock Market Tagged With: Daily Trading, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Medical Disposables, Paramount Trading, Trading Activity

4 new highs for junior market

June 10, 2015 by IC Insider.com

Paramount is one of fours stocks to close at 52 weeks’ high. The stock closed at $5.50 on Wednesday for an all-time high.

Trading picked up on the Junior Market with 9 securities trading, and ended with 940,177 units changing hands valued at $2,275,177. The JSE Junior Market Index gained 7.97 points to close at 934.69, with the price of 6 stocks advancing, none declining and 4 closing at 52 weeks’ high, Honey Bun traded at 52 weeks intraday high of $2.96.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and 5 with lower offers. The junior market ended with 4 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Cream traded at a 52 weeks’ high with 10,000 units, 10 cents higher, at $1.65. Caribbean Producers with 330,543 shares trading closed at $3, Dolphin Cove with 2,092 shares changing hands to close higher by 25 cents at a new high of $11.25, Honey bun finishing trading with 83,634 shares to close unchanged at $2.95.

Jamaican Teas closed with 4,041 shares trading 4 cents higher at $3.54, Lasco Distributors with 21,867 shares trading, unchanged at $1.65, Lasco Financial Services finished trading with 352,000 units, to close with a gain of 3 cents to new a new 52 weeks’ high of $1.98. Lasco Manufacturing end up with 124,000 shares trading 5 cents higher at $1.50 and Paramount Trading ended trading with 12,000 shares to end with an increase of 70 cents to an all-time high of $5.50. At the close Access Financial seems set to fall with an offer at $15.84 to sell 5,951 units well below the last traded price of $16.75.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), Daily Trading, Dolphin Cove, Honey Bun, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Trading Activity

Four new highs for JSE

June 10, 2015 by IC Insider.com

The Jamaica Stock Exchange is enjoying moderate gains in the indices helped by 4 stocks reaching new highs in both the main and junior markets after 45 minutes of trading.
The Jamaica Stock Exchange share reached a new high of $6.10 but drifted down to $6, twenty five cents above Tuesday’s close with demand still in for the stock with a bid of $6, Lasco Financial hit $2 for the first time, but with a small volume. Caribbean Cream traded at a new high of $1.65 with 10,000 units changing hands and Honey Bun is trading at a new 52 weeks’ high of $2.96. The largest trade has been Jamaica Money Market Brokers 7.50% preference share with 1,000,000 units at $2.04.

Filed Under: JSE Main Market, Stock Market Tagged With: JMMB, JSE Company, Lasco, Lasco Financial Services

Junior market closes at new high

June 9, 2015 by IC Insider.com

Dolphin Cove was one of 6 stocks ending at 52 weeks’ high

Trading on the Junior Market resulted in the market hitting a new all-time high, with 6 stocks closing at 52 weeks’ high out of 12 securities trading, culminating in 1,069,919 units changing hands valued at $1,990,730. The JSE Junior Market Index gained 14.46 points to close at 926.72, a new record high, with the price of 6 stocks advancing and 1 declining.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and 3 with lower offers. The junior market ended with 5 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market include, Access Financial with just 100 shares changing hands, to close lower by 25 cents at $16.75, Cargo Handlers finishing with 500 units to close with a gain of 51 cents, to a new all-time high of $23.51. Caribbean Cream with 435,000 shares trading at an all-time high of $1.55, gained 20 cents, Dolphin Cove finished trading with 1,000 shares to closed at an all-time high of $11, to gain 75 cents, Honey Bun concluded trading with 20,000 shares changing hands to close 25 cents higher at a 52 weeks’ high of $2.95.

Lasco Distributors traded 23,150 shares at $1.65, Lasco Financial Services finished trading with 495,970 units, with the price rising 4 cents to $1.95. Lasco Manufacturing traded 79,899 shares at $1.45, Paramount Trading ended with just 1,000 shares changing hands with an increase of 54 cents to $4.80, a new all-time high. The stock closed with a bid to buy 49,500 units at $5 and Eppley 9.5% preference share closed trading with 4,000 units and put on just 1 cent to $6.01 to new high, with a 1 cent gain.

Filed Under: Breaking News, Feature Stories, JSE Junior Market, Stock Market Tagged With: Cargo Handlers, Daily Trading, Dolphin Cove, Eppley, Honey Bun, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Paramount Trading

Carib Producers tops trading

June 4, 2015 by IC Insider.com

Trading picked up on the Junior Market with 7 securities trading, and ended with 8,635,658 units changing hands valued at $25,070,304 as Caribbean Producers accounts for the majority of the volume and value of trades. The JSE Junior Market Index gained 11.91 points to end at a new closing high of 912.66, with the price of 2 stocks advancing, 1 declining and 1 closing at 52 weeks’ high.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 2 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 8 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Producers traded 7,617,000 units to close at $2.88, after it traded earlier in the trading session at $3. General Accident Insurance concluded trading with just 5,822 shares changing hands to end at $2, Jamaican Teas ended with 150,000 shares trading unchanged at $3.50, Lasco Distributors traded 322,540 shares at $1.70, Lasco Financial Services finished trading with 216,350 units, 5 cents at an all-time high of $1.86. There was dealing in 69,846 Lasco Manufacturing’s shares as the stock traded lower by 2 cents to $1.38 and Derrimon Trading 9.5% preference share closed trading with 254,100 units at $2.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), Daily Trading, Derrimon Trading, General Accident, Jamaican Teas, Lasco, Lasco Financial Services, Lasco Manufacturing, Trading Activity

Juniors trade 8.66 million shares

May 29, 2015 by IC Insider.com

Caribbean Cream traded 5.3 million shares with the audited accounts showing profit rising 62%.

Caribbean Cream was the dominant trade on Thursday on the Junior Market with 5.3 million units as investors responded positively to the company’s audited results showing a 62 percent increase in profit versus 40 percent shown in the preliminary interim report that was released previously. Also trading in large volume was Caribbean Producers with 2.7 million shares.
Trading ended with 9 securities being active and cumulating in 8,660,524 units changing hands valued at $14,662,200. The JSE Junior Market Index gained 1.53 points to close at 871.93, with the price of 5 stocks advancing and only 1 declining and 1 closing at 52 weeks’ high.
At the close of the market, there were 8 stocks with bids higher than their last selling prices and none with a lower offer. The junior market ended with 3 securities closing with no bids to buy and 10 securities that had no stocks being offered for sale.
Caribbean Producers with 2,723,803 shares trading, ended lower by 10 cents to $2.80,

In trading, Caribbean Cream closed with 5,300,365 units trading, the price rose by 5 cents to $1.15. Blue Power closed with 19,573 shares trading unchanged at $9.50, Cargo Handlers finished with 1,000 units to close at $22.28, Dolphin Cove finished trading with 4,333 shares at $10.25 with a gain of 25 cents. Jamaican Teas had activity in 15,000 shares and closed unchanged at $3.50, KLE Group traded 135,446 shares for 9 cents higher, at 84 cents, Lasco Financial Services traded 250,000 units at a new closing all-time high of $1.66, after adding 9 cents and Lasco Manufacturing ended trading with 211,004 units, the price rose 4 cents to close at $1.29.