Junior stocks inch forward – Tuesday

The junior market within touch of record territory

The junior market within touch of record territory

Trading closed on the junior market with the number of advancing stocks just being edged out by decliners but the market index advanced marginally by 2.15 points to 2,438.55, up 36 percent year to date.
Trading volume rose 12 percent from Monday’s levels, ending with 981,688 units changing hands, while value traded, climbed 27 percent to $4,566,702 from $3,582,950 on Monday.
An average of 65,446 units with an average value of $304,447 traded, compared to 72,993 units with an average value of $298,579 on the preceding trading day. The average for last month was 129,138 units at $709,705.
At the close of the market on 15 securities traded, versus 12 on Monday resulting in 4 stocks advancing and 5 declining.
ICI Jm sum 1-11-16Market activities ended with 8 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
In trading activity, AMG Packaging declined by $1.08 and ended with 13,500 shares changing hands at $18.50, CAC 2000 closed trading with 8,875 units changing hands with the price falling $1.20 to $5.10 as demand melted away for the stocks in light of a large legal bill the company faces. At the close there was no buying interest in the stock. Caribbean Cream close with 5,000 shares changing hands at with a gain of 27 cents to $7.52, Caribbean Producers closed trading with 8,007 units at $3.65, Consolidated Bakeries traded 4,000 units but lost 10 cents in closing at $2.50, General Accident Insurance rose 2 cents in trading 10,500 shares at $3.02. ICI Jm trds 1-11-16Honey Bun with 4,927 shares changing hands closed at $6.10, Iron Rock Insurance with 94,434 units trading, ended at $3.30. Jamaican Teas traded 100 shares to close at $4, Jetcon Corporation jumped 58 cents and ended with 19,769 shares trading at $4.59, Knutsford Express traded 7,000 shares in closing at $22.50, Lasco Distributors ended with 205,955 shares trading to close at $7. Lasco Financial ended with 501,737 shares changing hands but lost 9 cents to close at $3.15, Lasco Manufacturing closed at $5.10 with 90,873 shares after rising 10 cents and Medical Disposables closed at $5 with 7,011 shares changing hands.

6 junior stocks rise 1 falls – Monday

JM sign Trading closed on the junior market with the number of advancing stocks out pacing decliners by a wide margin while the market index advanced by just 6.20 points to 2,436.40, up 36 percent year to date.
Trading volume inched up by just 1 percent from Friday’s levels, ending with 875,913 units changing hands, while value traded, fell 10 percent to $3,582,950 from $3,986,807 on Friday.
An average of 72,993 units with an average value of $298,579 traded, compared to 57,674 units with an average value of $265,787 on the preceding trading day. An average for the month to date of 129,138 units at $709,705 traded.
ICI Jm sum 31-10-16At the close of the market on 12 securities traded, versus 15 on Friday resulting in 6 stocks advancing and 1 declining.
Market activities ended with 12 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
CAC 2000 that faces a big legal they lost their appeal against a claim for damages closed without trading with an offer of $5.50 and the highest bid at $5.45 versus the last traded price of $6.30.
In trading activity, Access Financial Services gained 50 cents while trading 100 shares to close at $21, Caribbean Producers closed trading with 304 units at $3.65, General Accident Insurance rose 5 cents in trading 661,993 shares at $3. Honey Bun with 400 shares changing hands, gained 10 cents and closed at $6.10, ICI Jm trd sht 31-10-16Jamaican Teas traded 52,781 shares to close at $4, Jetcon Corporation lost 1 cent and ended with 5,000 shares trading at $4.01, Knutsford Express traded 1,100 shares in closing at $22.50, Lasco Distributors traded 33,953 units and gained 15 cents to close at $7. Lasco Financial rose 14 cents and ended with 2,250 shares changing hands at $3.24, Lasco Manufacturing closed at $5 with 87,876 shares but traded as high as $5.20 during the day, Paramount Trading closed at $24 with 25,856 shares changing hands and tTech rose 5 cents and closed with 4,300 units trading at $5.

Junior stocks climb higher – Friday

JM sign Trading closed on the junior market with the number of advancing stocks being equal to decliners, the market index nevertheless advanced 27.26 points to 2,430.20, to be up 36 percent for the year to date.
Trading volume dipped 36 percent from Thursday’s levels, ending with 865,115 units changing hands, while value traded, fell 50 percent to $3,986,807 from $8,009,663 on Thursday.
An average of 57,674 units with an average value of $265,787 traded, compared to 71,599 units with an average value of $421,561 on the preceding trading day. An average for the month to date of 132,258 units at $732,545 traded.
ICI Jm sum 28-10-16At the close of the market on 15 securities traded, versus 19 on Thursday resulting in 5 stocks advancing and 5 declining stocks.
Market activities ended with 6 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
CAC 2000 that faces a big legal they lost their appeal against a claim for damages closed without trading with an offer of $6 and the highest bid at $5.95 versus the last traded price of $6.30.
In trading activity, Caribbean Cream came in for increased buying with 103,144 shares changing hands at $7.25, to record a gain of 15 cent, up from 50,477 units that traded on Thursday. Caribbean Producers closed trading with 21,000 units at $3.65, Consolidated Bakeries gained 10 cents with 7,150 units changing hands to end at $2.60, General Accident closed trading with 122,356 units at $2.95. Honey Bun with 14,060 shares changing hands gained 35 cents and closed at $6. Iron Rock Insurance closed trading with 83,984 units at $3.30, Jetcon Corporation lost 1 cent and ended with 22,324 shares trading at $4.02, ICI Jm trd sht 28-10-16KLE Group lost 49 cents in trading 103,277 units to close at $1.30. Knutsford Express traded 2,163 shares in closing at $22.50, Lasco Distributors traded 10,180 units and declined by 14 cents to close at $6.85, Lasco Financial ended with 113,375 shares changing hands at $3.10, Lasco Manufacturing closed at $5 with 182,522 shares but traded as high as $5.39 during the day. Medical Disposables fell 13 cents to close at $5.49 with 49,550 shares changing hands, Paramount Trading rose $2 to close at $24 with 20,030 shares changing hands and Sweet River Abattoir with 10,000 units trading to end $3.50.

10 junior stocks fall 3 rise – Thursday

Lasco's ICool drinks.

Lasco’s ICool drinks.

Trading closed on the junior market with declining stocks beating out advancing stocks 3 to 1, the market index nevertheless advanced as Lasco Distributors that carries a heavy weighting in the index climbed to $6.99 from $6.75.
Trading volume jumped 89 percent from Wednesday’s levels, ending with 1,360,374 units changing hands, while value traded, climbed 66 percent to $8,009,663 from $4,825,236 on Wednesday.
An average of 71,599 units with an average value of $421,561 traded, compared to 44,908 units with an average value of $301,577 on the preceding trading day. An average for the month to date of 136,645 units at $760,002 traded.
At the close of the market on 19 securities traded, versus 16 on Wednesday resulting in just 3 stocks advancing and 10 declining stocks, with Key Insurance falling to a new low. ICI Jm sum 27-10-16rThe market index climbed 21.12 points to 2,402.94 to be up 34 percent for the year to date.
Market activities ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
CAC 2000 that faces a big legal they lost their appeal against a claim for damages closed without trading with an offer of $6.16 and the highest bid at $5.10 versus the last traded price of $6.30.
In trading activity, Access Financial Services traded 25,195 units at $20.50, Blue Power dropped $4.20 while trading 288 shares to close at $20.20 but closed with the bid at $24.40, Cargo Handlers lost $1 with 100,000 shares trading to close at $11, Caribbean Cream ended with 50,477 shares changing hands at $7.10. Caribbean Producers closed trading with 8,793 units at $3.65, Consolidated Bakeries had 51,701 units changing hands to end at $2.50, Dlophin Cove gained 29 cents to end at $12.50 with 2,480 shares changing hands, General Accident lost 5 cents and closed trading with 2,247 units at $2.95. Iron Rock Insurance rose 10 cents in trading 29,812 units to close at $3.30, Jamaican Teas fell 1 cent in trading 25,658 shares to close at $4, ICI Jm trd sht 27-10-16Jetcon Corporation lost 12 cents and ended with 1,616 shares trading at $4.03, Key Insurance lost 23 cents in trading 5,924 units to close at a new low of $2. Knutsford Express traded 10,500 shares but lost 45 cents in closing at $22.50, Lasco Distributors traded 39,885 units and rose 24 cents to close at $6.99, Lasco Financial ended with 28,956 shares changing hands at $3.10, Lasco Manufacturing closed at $5 with 970,918 shares trading as investors responded strongly to improved second quarter results. Medical Disposables fell 13 cents to close at $5.49 with 810 shares changing hands, Paramount Trading dropped $2 to close at $22 with 4,114 shares changing hands, tTech lost 5 cents and ended with 1,000 shares changing hands at $4.95.

Cargo Handlers gains 220% – Wednesday

Cargo Handlers traded at a new all-time high of $12 on Wednesday.

Cargo Handlers traded at a new all-time high of $12 on Wednesday.

Trading closed on the junior market, with Cargo Handlers trading at a 52 weeks’ high of $12, driving the price up with a gain of 220 percent for the year to date and ended with 162,763 shares trading. Trading ended with the market index recovering all the points lost on Tuesday and more.
Trading volume dropped 48 percent from Tuesday’s levels, ending with 718,533 units changing hands, while value traded, fell 42 percent to $4,825,236 from $8,364,061 on Tuesday.
An average of 44,908 units with an average value of $301,577 traded, compared to 81,413 units with an average value of $492,004 on the preceding trading day. The average for the month to date, amounts to 140,710 units at $781,154.
ICI Jm sum 26-10-16rAt the close of the market on 16 securities traded, versus 17 on Tuesday resulting in 5 stocks advancing and 4 declining stocks as 1 stock closed a new high. The market index climbed 36.24 points to 2,381.82 to be up 33 percent for the year to date.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 5 ending with lower offers.
CAC 2000 that could being facing a $200 million legal claim pay out, failed to trade but ended with an offer of $6.16 compared to $5.36 on Tuesday versus the last traded price of $6.30.
In trading activity, AMG Packaging climbed $2.58 while trading 3,000 shares to close at $19.58, Blue Power lost 10 cents and ended at $24.40 with 9,700 units changing hands, Caribbean Cream ended with 12,750 shares changing hands at $7.10, Caribbean Flavours traded 2,670 units to end at $8.38. Caribbean Producers lost 10 cents in trading 9,550 units to end at $3.65, Consolidated Bakeries had 20,000 units changing hands to end at $2.50, ICI Jm trd sht 26-10-16C2W Music traded 14,000 shares but fell 1 cent to 24 cents, Derrimon Trading ended at $4.60 with 25,000 shares changing hands, after rising by 60 cents. General Accident closed trading with 1,500 units at $3 but ended with the stock being offered at $2.99, Jetcon Corporation lost 5 cents and ended with 10,000 shares trading at $4.15, Lasco Distributors traded 178,472 units and rose 25 cents to close at $6.75, Lasco Financial ended with 40,310 shares changing hands at $3.10, Lasco Manufacturing rose 1 cent and closed at $5 with 193,398 shares trading but was on offer at $4.80 at the close. tTech ended with 9,420 shares changing hands at $5 and Eppley 10% preference share, traded 26,000 units at $6.10.

Junior market drops – Tuesday

Kurk Boothe - Medical Disposables Managing Director - the company's closed closed at a new high on Tuesday.

Kurk Boothe – Medical Disposables Managing Director – the company’s closed closed at a new high on Tuesday.

Sharp fall in prices of AMG Packaging and Lasco Distributors took a toll on the junior market index the junior market on Tuesday. Investors who were bullish on the likely out turn of the claim against Pfizer by Lasco Distributors seem to be more cautious now with the price off 38 percent from the peak of $9.01.
Trading volume on the junior market dropped 79 percent from Monday’s levels, ending with a 1,384,024 units changing hands, while value traded, fell 77 percent to $8,364,061 from $36,505,806 on Monday.
An average of 81,413 units with an average value of $492,004 traded, compared to 352,499 units with an average value of $1,921,358 on the preceding trading day. The average for the month to date, amounts to 147,097 units at $813,126.
ICI Jm sum 25-10-16At the close of the market on 17 securities traded, versus 19 on Monday resulting in 6 stocks advancing and 6 declining stocks as 1 stock hit a new high. The market index dropped 30.46 points to 2,345.58 to be up 31 percent for the year to date.
Market activities ended with 7 securities closing with bids higher than their last selling prices and 5 ending with lower offers.
CAC 2000 that could being facing a $200 million legal claim pay out failed to trade but ended with and offer of $5.36 versus the last traded price of $6.30.
In trading activity, AMG Packaging dropped $3 while trading 7,848 shares to close at $17, Blue Power ended at $24.50 with 800 units changing hands, Cargo Handlers finally traded 3,000 shares at $10. Caribbean Cream rose 9 cent and ended with 12,500 shares changing hands at $7.10, Caribbean Producers traded 17,150 units to end at $3.75, Consolidated Bakeries had 30,186 units changing hands, with the price declining 9 cents to end at $2.50. General Accident jumped 40 cents and closed trading with 182,058 units at $3 but closed with the stock being offered at $2.97, Honey Bun gained 3 cents with 9,561 shares changing hands to close at $5.65. Iron Rock Insurance rose 1 cent in trading 104,660 units to close at $3.20, Jetcon Corporation ended with 82,581 shares trading at $4.20. ICI Jm trd sht 25-10-16Knutsford Express lost 5 cents and ended at $22.95 with 2,540 shares changing hands, Lasco Distributors traded 4,800 units trading with a loss of 33 cents at $6.50, Lasco Financial rose 1 cent and ended with 28,350 shares changing hands at $3.09, Lasco Manufacturing lost 1 cent and closed at $4.85 with 768,128 shares trading. Medical Disposables jumped 62 cents to close at a 52 weeks’ high of $5.62 with 10,000 shares changing hands, the stock closed with the offer at $5.50, Paramount Trading rose 12 cents to close at $24 with 111,962 shares changing hands and Eppley 10% preference share, traded 7,900 units at $6.10.

Juniors’ volume jumps 2,755% – Monday

Cargo Handlers traded at a new all-time high of $10.

Cargo Handlers traded at a new all-time high of $10.

Trading volume on the junior market of the Jamaica Stock Exchange rose sharply on Monday as 19 securities were active. Volume traded surged 2,755 percent from Friday’s levels, ending with a 6,697,473 units changing hands, while value traded, leapt 2,495 percent to $36,505,806 from $1,406,575, on Friday.
Victoria Mutual Wealth Management was involved in a series of large volume of crossed trades that helped in a major way to boost the level of trading.
An average of 352,499 units with an average value of $1,921,358 traded, compared to 18,046 units with an average value of $108,198 on the preceding trading day. The average for the month to date, amounts to 151,789 units at $836,063.
At the close of the market on 18 securities traded, versus 13 on Friday resulting in 6 stocks advancing and 6 declining stocks as 1 stock hit a new high. The market index rose 4.24 points to 2,376.04 to be up 33 percent for the year to date.
ICI Jm sum 24-10-16Market activities ended with 5 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
In trading activity, Blue Power ended at $24.50 with 5,300 units changing hands, CAC 2000 traded 1,183,488 units at $6.30, Cargo Handlers finally traded after the 10 for 1 stock split and hit a new high of $10 as 7,000 shares traded. Caribbean Cream rose 1 cent and ended with 459,592 shares changing hands at $7.01, Caribbean Producers gained by 5 cents in trading 443,187 units to end at $3.75, C2W Music traded 29,357 shares to close at 25 cents. Consolidated Bakeries had 144,528 units changing hands, with the price declining 1 cent to end at $2.59. Dolphin Cove had 164,564 units changing hands, with the price ending at $12.21 after rising 16 cents, General Accident lost 20 cents and closed trading with 1,441,893 units at $2.60, Honey Bun with 102,499 shares changing hands, closed at $5.62. ISP Finance traded 24,623 units at $7.03,ICI Jm trd sht 24-10-16 Jetcon Corporation ended with 54,796 shares trading at $4.20. Knutsford Express ended at $23 with 8,500 shares changing hands, Lasco Distributors traded 250,864 units trading with a loss of 16 cents at $6.83, Lasco Financial lost 1 cent and ended with 99,572 shares changing hands at $3.09, Lasco Manufacturing rose 7 cents and closed at $4.86 with 9,123 shares trading. Medical Disposables rose 40 cents to close at $5 with 1,335,514 shares changing hands, Paramount Trading lost 12 cents to close at $23.88 with 113,273 shares changing hands and Eppley 9.5% preference share, traded 819,800 units and fell 14 cents to $6.16.

Juniors’ volume drops again – Friday

Consolidated Bakeries closed at a 52 weeks' high on Friday.

Consolidated Bakeries closed at a 52 weeks’ high on Friday.

Trading volume on the junior market of the Jamaica Stock Exchange which declined on Thursday, fell again on Friday. Volume traded dived 73 percent from Thursday’s levels, ending with a mere 234,593 units changing hands, while value traded, dropped 60 percent to $1,406,575 from $3,474,124, on Thursday.
An average of 18,046 units with an average value of $108,198 traded, compared to 67,729 units with an average value of $267,240 on the preceding trading day. The average for the month to date, amounts to 136,350 units at $752,579.
At the close of the market on 13 securities traded, versus 13 on Thursday resulting in declining stocks out pacing advancing stocks 7 to 3 as 2 stocks hit new highs. ICI Jm sum 21-10-16The junior market index declined by 0.50 points to 2,371.80 to be up 32 percent for the year to date.
Market activities ended with 6 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
Cargo Handlers which split the stock 10 for 1 stock earlier in the week did not trade on Friday but closed with a bid at $9.01 with an offer at $10.
In trading activity, Access Financial lost 50 cents and ended at $20.50 with 10,944 units changing hands, Caribbean Cream lost $1 and ended with 27,603 shares changing hands with a to $7, Caribbean Producers declined by 5 cents in trading 80,161 units to end at $3.70, C2W Music traded 3,057 shares to close at 25 cents. Consolidated Bakeries had 1,300 units changing hands, with the price rising 10 cents to end at $2.60. ICI Jm trd sht 21-10-16Derrimon Trading had 10,000 units changing hands, with the price ending at $4, Honey Bun with 1,000 shares changing hands gained 2 cent and closed at $5.62, ISP Finance traded 27,905 units at a new high of $7.03 after rising 3 cents, Jamaican Teas ended with just 400 shares trading with a rise of 1 cent at $4.01. Knutsford Express ended at $23 with 210 shares changing hands, Lasco Financial rose 5 cents and ended with 450 shares changing hands at $3.10, Lasco Manufacturing rose 3 cents and closed at $4.79 with 68,320 shares trading and Paramount Trading rose 1 cent to close at $24 with 3,243 shares changing hands.

Juniors’ volume falls again – Thursday

The junior market within touch of record territory

The junior market within touch of record territory

Trading volume on the junior market of the Jamaica Stock Exchange which declined on Wednesday, fell again on Thursday. Volume traded dived 49 percent from Wednesday’s levels, ending with 880,474 units changing hands, while value traded, dropped 64 percent to $3,474,124 from $9,759,413, on Wednesday.
An average of 67,729 units with an average value of $267,240 traded, compared to 133,950 units with an average value of $750,724 on the preceding trading day. The average for the month to date, amounts to 146,208 units at $806,277.
At the close of the market on 13 securities traded, versus 13 on Wednesday resulting in declining stocks out pacing advancing stocks 7 to 5. ICI Jm sum 20-10-16The junior market index falling by 4.01 points to 2,372.30 to be up 32 percent for the year to date.
Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
Cargo Handlers which split the stock 10 for 1 stock and became effective on the junior market Tuesday with the adjusted closing price being $9, the stock did not trade on Thursday. The stock closed with a bid at $9 with an offer at $10.
In trading activity, Blue Power ended at $20 with 1,000 units changing hands, CAC 2000 lost 10 cents in trading 4,000 shares at $6.30, Caribbean Cream ended with 22,000 shares changing hands with a loss of 80 cents to $8, Caribbean Flavours traded 2,000 units to end at $8.38 with a fall of 2 cents. Caribbean Producers declined 25 cents in trading 187,600 units to end at $3.75, ICI Jm trd sht 20-10-16C2W Music gained 1 cent in trading 500 shares to close at 25 cents, General Accident had 457,407 units changing hands, with the price rising 19 cents to end at $2.80. Knutsford Express lost 20 cents and ended at $23 with 16,025 shares changing hands. Lasco Distributors had 6,100 units trading and closed with a rise of 18 cents at $6.99, Lasco Financial rose 5 cents and ended with 10,000 shares changing hands at $3.05, Lasco Manufacturing fell 22 cents and closed at $4.76 with 12,823 shares trading, Medical Disposables traded 148,164 shares and rose 10 cents to close at $4.60 and tTech lost 25 cents in trading 12,855 shares to close at $5.

Juniors’ volume dips on Wednesday

Cargo Handlers stock split takes effect Wednesday but the stock did not trade.

Cargo Handlers stock split takes effect Wednesday but the stock did not trade.

Trading on the junior market of the Jamaica Stock Exchange on Wednesday declined from Tuesday’s levels but Honey Bun that traded 1,001,023 units and lost 50 cents to end at $5.60, was the dominant trade. Caribbean Cream fell to $7.55 in the morning session and ended with 236,429 shares changing hands with a loss of 45 cents at $8.80, came just behind.
Market activity resulted in advancing stocks just out pacing declining stocks 6 to 5, with the junior market index falling by 8.47 points to 2,376.31 to be up 33 percent for the year to date.
At the close, 13 securities traded, versus 16 on Tuesday but volume dived 61 percent from Tuesday’s levels, ending with 1,741,347 units changing hands, while value traded, dropped 60 percent to $9,759,413 from $24,376,547, on Tuesday.
ICI Jm sum 19-10-16An average of 133,950 units with an average value of $750,724 traded, compared to 279,498 units with an average value of $1,523,534 on the preceding trading day. The average for the month to date, amounts to 153,343 units at $855,281.
Market activities ended with 3 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
Cargo Handlers 10 for 1 stock split became effective on the junior market today with the adjusted closing price being $9, the stock did not trade on Wednesday.
In trading activity, AMG Packaging ended at $20 with 10,882 units changing hands, Caribbean Producers gained 35 cents in trading 213,166 units to end at $4. Consolidated Bakeries regained 5 cents in trading 12,310 shares to close at $2.50, ICI Jm trd sht 19-10-16Jetcon Corporation had 15,011 units changing hands, with the price rising 20 cents to end at $4.20, KLE Group rose 23 cents with 3,500 shares to close at $1.79, Knutsford Express ended at $23.20 with 159 shares changing hands. Lasco Distributors had 66,250 units trading and closed with a loss of 20 cents at $6.81, Lasco Financial fell 1 cent and ended with 59,737 shares changing hands at $3, Lasco Manufacturing rose 23 cents and closed at $4.98 with 8,021 shares trading. Medical Disposables traded 114,659 shares and dropped 50 cents to close at $4.50 and tTech put on 25 cents in trading 200 shares to close at $5.25.