Another new record close for juniors

October 20, 2015 by
Caribbean Flavours traded at a 52 weeks' high of $3.50.

Caribbean Flavours traded at a 52 weeks’ high of $3.50.

The junior market ended at a new record  high at the close, with 13 securities traded and the junior market index rising by 23.09 points to 1,285.78 with 1,356,689 units, valued at $3,717,777 changing hands while 7 stocks advanced and 3 declined.
The market ended with 5 securities closing with no bids to buy, while 4 had no stocks being offered for sale. A total of 8 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
In trading, AMG Packaging closed with a loss of 8 cents with 26,909 units changing hands at $3.80 at the end of trading, Cargo Handlers ended with 712 shares changing hands, for a gain of $1 and closed at a new all-time high of $32, Caribbean Cream price slipped 7 cents and closed at $3.23 with 75,719 shares changing hands. Caribbean Flavours traded at a new 52 weeks’ high of $3.50 with 23,708 shares as the price rose 20 cents, Caribbean Producers traded 7,100 units to end at $3, Consolidated Bakeries rose 2 cents in traded 173,007 shares, to end at $1.20. Derrimon Trading ended with 335 shares changing hands to gain 3 cents and end at $2.33, Honey Bun had 10,222 units changing hands at $4, for an increase of 35 cents. Jamaican Teas had just 7,175 shares changing hands at $3.35, Knutsford Express traded 5,000 shares at $6.15 after adding 15 cents for a new all-time high, Lasco Distributors with 66,215 shares changing hands, closed at $2.83. Lasco Financial closed at a new all-time high of $2.50 while 549,875 shares changed hands with the price rising 24 cents and Lasco Manufacturing traded 410,712 shares to end at $3.35 after trading shedding 10 cents.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

Juniors up on Thursday with 5 gains

October 15, 2015 by

Caribbean Flavours traded at a 52 weeks' high of $3.30.

Caribbean Flavours traded at a 52 weeks’ high of $3.30.

Focus on the Jamaica Stock Exchange on Thursday was mostly on main market stocks with only 7 junior market securities trading up to midday. By the close, 10 securities traded and the junior market index was up 27.38 points to 1,232.17 with 2,227,302 units, valued at $6,746,786 changing hands as 5 stocks advanced and 1 declined.
The market ended with 5 securities ended with no bids to buy, while 3 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
In trading, AMG Packaging gained 8 cents to close at $3.88, with 1,072,687 units changing hands, Caribbean Cream fell 8 cents to $3.30 with 2,000 shares changing hands, Caribbean Flavours added 22 cents in trading 10,000 units at an all-time high of $3.30, JM - Trade sht 15-10-15Caribbean Producers traded 51,678 units and gained of 20 cents to end at $3. Consolidated Bakeries had 169,000 units changing hands at $1.18, Derrimon Trading had 635,700 shares changing hands at $2.30, KLE Group traded 10,000 units at 43 cents. Lasco Distributors rose 29 cents with 20,000 shares changing hands and closed at $2.80, Lasco Financial closed at $2.25 while 156,219 shares changed hands and Lasco Manufacturing traded 100018 shares to end at $3.29 after trading gaining 28 cents.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , ,

Juniors slip sharply on Wednesday

October 14, 2015 by

Lasco Distributors with responsibility to distribute "I Cool" drink, pulled juniors down.

Lasco Distributors with responsibility to distribute “I Cool” drink, pulled juniors down.

The junior market index hit 1,300 points in the morning session on Tuesday fell sharply on Wednesday by 53.54 points to 1,204.79 with Lasco Distributors falling 42 cents, to close at $2.51 with 3,386,560 trading, while 5 stocks advanced, 1 declined as 11 securities encompassing 8,365,835 units, valued at $20,414,001 changing hands.
The market ended with 5 securities with no bids to buy, while 3 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and one closed with a lower offer.
In trading, Caribbean Cream had 29,200 shares changing hands at $3.38, to regain 20 cents it lost on Tuesday, Caribbean Producers traded 1,649,403 units with a gain of 21 cents to end at $2.80, Consolidated Bakeries had 245,000 units changing hands at $1.18, Dolphin Cove traded 4,533 units JM - Trade sht 14-10-15for a gain of 30 cents to end at $12. General Accident traded 2,077,930 units at $1.75, as the price gained 17 cents, KLE Group traded 24,000 units at 43 Cents, but traded at a 52 intraday low of 42 cents, Lasco Financial closed at a new all-time high of $2.25 with a gain of 15 cents while 627,031 shares changed hands. Lasco Manufacturing traded 283,253 shares to end at $3.01 after trading down to $2.76 and up to $3.21 and Eppley 9.5% preference share had 4,505 units changing hands at $6.01.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , ,

Big surge in juniors on Friday

October 9, 2015 by

Lasco's hot "I Cool" drink - 2 Lasco companies closed at new all-time highs on Friday.

Lasco’s hot “I Cool” drink – 2 Lasco companies closed at new all-time highs on Friday.

The junior market ended on Friday at a new closing high of 1,162.71 for index which gained 5.77 percent with 63.41 points. The market is 7.2 percent away from the critical 1,200 points level which is a point of resistance. Since the end of 2014, the junior market index is up 69 percent compared with 41 percent for the main market.
A total of 6 stocks advanced, none declined as 10 securities traded while three new all-time highs were recorded at the close. The market ended with 2,486,913 units, valued at $4,312,241 changing hands.
At the close 5 securities ended with no bids to buy, while 6 had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, Caribbean Cream traded at a new all-time closing high by gaining 20 cents of $3.50 with 251,200 shares changing hands, Caribbean Flavours traded 30,000 units trading at $3.08 for a 52 weeks’ high, Consolidated Bakeries ended with 1,649,784 units changing hands at $1.15, with a gain of 1 cent. JM - Trade sht 9-10-15Jamaican Teas had 2,282 shares trading to close at $3.20, with a gain of 10 cents, Knutsford Express traded 17,383 shares at $6. Lasco Distributors closed at a new record high of $2.50 with 283,976 units trading for a gain of 25 cents, Lasco Financial traded 70,688 shares changing hands to end at $1.95, Lasco Manufacturing traded 187,500 shares to end at $2.95 after gaining 15 cents for a new all-time high, Medical Disposables traded 3,100 shares to close unchanged at $2.45 and Paramount Trading had 1,000 units changing hands at $6.50.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , ,

New record close for juniors on Thursday

October 8, 2015 by

JSE sign The junior market ended on Thursday at a new closing high of 1,099.30 for index which gained 41.97 points, earlier in the morning session the index crossed over the 1,100 market and was at 1,105.75. A total of 10 stocks advanced, 2 declined as 14 securities traded while three new all-time highs were recorded at the close. The market ended with 571,293 units, valued at $1,595,810 changing hands.
At the close 4 securities ended with no bids to buy, while 8 had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and one closed with a lower offer.
In trading, Access Financial gained 20 cents and closed at $12.70, with 2,000 units changing hands, AMG Packaging closed with a gain of 5 cents to end at $3.70 with 5,553 units trading, Blue Power closed with 21,475 units changing hands, the price rose of 30 cents to $12.50. Caribbean Cream traded at a new all-time closing high by gaining 20 cents of $2.80 with 39,528 shares changing hands, Caribbean Producers traded 10,088 shares at $2.10, Consolidated Bakeries ended with just 200 units changing hands at $1.14, with a gain of 4 cents. JM - Trade sht 8-10-15Dolphin Cove gained 20 cents to end at $11.70 while trading 2,500 units, General Accident Insurance traded 14,000 units at $1.58 to gain 8 cents, Honey Bun with 17,364 shares changing hands, fell 62 cents to end at $4.38. Jamaican Teas had 5,574 shares trading to close at $3.10 with a loss of 10 cents, Lasco Distributors closed at a new record high of $2.25 with 206,920 units trading for a gain of 25 cents, Lasco Financial gained 15 cents with 186,279 shares changing hands to end at $1.95, Lasco Manufacturing traded 55,812 shares to end at $2.95 after gaining 15 cents for a new all-time high and Paramount Trading had 4,000 units changing hands at $6.50.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , ,

Lasco & Kremi push juniors to new record close

October 7, 2015 by

Caribbean Cream ended at a new closing all-time high on Wednesday of $2.60.

Caribbean Cream ended at a new closing all-time high on Wednesday of $2.60.

The junior market ended on Wednesday at a new closing high of 1,057.33 for index which gained 13.18 points. A total of 5 stocks advanced, 1 declined as 8 securities traded while three new all-time highs were recorded at the close. The market ended with 645,206 units, valued at $1,460,218 changing hands.
At the close 3 securities ended with no bids to buy, while 10 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, Caribbean Cream traded to end at a new all-time closing high of $2.60 with 75,013 shares changing hands, after gaining 5 cents. Investors were responding to a sharp increase in profit of $46 million versus $1.3 million in the prior year for the August quarter. JM - Trade sht 7-10-15Caribbean Producers lost 25 cents in trading 367,000 shares at $2.10, KLE Group ended with 4,999 units changing hands at 43 cents, Lasco Distributors with 26,944 units trading, ended 4 cent up to $2. Lasco Financial had 31,370 shares changing hands to end at $1.80, Lasco Manufacturing traded 66,880 shares to end at a new high of $2.80 after gaining 30 cents for a new all-time high. Paramount Trading gained 50 cents while 10,000 units changed hands at a new high of $6.50 and Derrimon Trading Company 11.75% preference share ended with 63,000 units changing hands at $2.23.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , ,

Record close for juniors on Tuesday

October 6, 2015 by

Lasco Manufacturing New factory. The company's stock closed at a new all-time high of $2.50 on Tuesday

Lasco Manufacturing New factory. The company’s stock closed at a new all-time high of $2.50 on Tuesday

The junior market closed on Tuesday at the highest level ever for the index which gained 20.12 points to end at 1,044.15, thus exceeding the previous record close of 1,040.59 points it closed at on 11th of August 2015. A total of 6 stocks advanced, 3 declining as 9 securities traded while there were three new all-time highs at the close. The market ended with 1,240,633 units, valued at $1,770,254 changing hands.
At the close 4 securities ended with no bids to buy, while 8 had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, Access Financial lost 50 cents and closed at $12.50, with 1,000 units changing hands, Caribbean Cream traded to close at a new all-time high of $2.55 with 50,329 shares changing hands, after gaining 50 cents. Consolidated Bakeries rose 2 cents in trading >962,162 shares at $1.10, after adding 8 cents,JM - Trade sht 6-10-15r General Accident Insurance ended with 1,000 units changing hands at $1.55, in the process the stock gained 5 cents. Honey Bun closed at a new high of $5 for a gain of 72 cents with 7,600 shares trading, Jamaican Teas traded 46,043 shares to end with a loss of 2 cents at $3.20, Lasco Distributors with 80,390 units trading, ended 1 cent down to $1.96. Lasco Financial had only 500 shares changing hands to end at $1.80 and added 5 cents and Lasco Manufacturing traded 91,609 shares to end at a new high of $2.50 after gaining 29 cents.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , ,

Juniors gained modestly on Monday

October 5, 2015 by

Lasco products - demand for the company's stock is rising & supply falling.

Lasco products – demand for the company’s stock is rising & supply falling.

The junior market closed on Monday with the index gaining 6.65 points to end at 1,024.03, just 16.48 points away from a new record close which could be reached and exceeded on Tuesday, based on the quotes for a number of stocks with demand exceeded supply for them. A total of 5 stocks advanced, 2 declining as 9 securities traded. The market ended with 589,811 units, valued at $831,571 changing hands.
At the close 4 securities ended with no bids to buy, while 7 had no stocks being offered for sale. A total of 6 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, Access Financial closed at $13, with 3,533 units changing hands, Caribbean Cream did not trade, but had a bid above the last traded price of $2.05 on Friday, to buy 20,000 units at $2.35. Caribbean Flavours gained 15 cents in trading 1,666 units at $2.85, Caribbean Producers traded 11,184 units at $2.35, for a 5 cents gain, Consolidated Bakeries rose 2 cents in trading 3,333 shares at $1.02, General Accident Insurance ended with 2,011 units changing hands at $1.50, in the process the stock price lost 1 cent. Jamaican Teas traded 1,000 shares to end with a gain of 22 cents at $3.22, JM - Trade sht 5-10-15KLE Group had 228,390 units trading, at a new low of 43 cents, after losing 7 cents. The stock remains weak at the close, with 287,274 units on offer at 43 cents and no buyers posting bids, Lasco Distributors with 187,793 units trading, ended with a gain of 2 cents to $1.97. Lasco Financial had 140,901 shares changing hands to end at $1.75 for a fall of 15 cents. Lasco Manufacturing did not trade and ended with an offer to sell 500,000 units at $3 and a bid to buy just 2,204 units at $2.30 which is above the last traded price on Friday of $2.21.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , ,

Juniors make major gains on Friday

October 2, 2015 by

Lasco's hot "I Cool" drink helped propel the stock to a new record close on Friday.

Lasco’s hot “I Cool” drink helped propel the stock to a new record close on Friday.

The junior market closed on Friday with the index jumping by 31.29 points back over 1,000 mark at 1,017.38 and a total of 4 stocks advancing, 4 declining as 8 securities traded. The market ended with 949,893 units, valued at $1,986,436 changing hands. Shortage of supply and increased demand for a number of stocks, prevented a more robust trading level for this market.
At the close 3 securities ended with no bids to buy, while 8 had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
In trading, Access Financial closed at $13 with 2,732 units changing hands, to gain 50 cents, Caribbean Cream traded just 10,000 units with a gain of 30 cents at $2.05, General Accident Insurance ended with 71,624 units changing hands at $1.50, in the process lost 1 cent. JM - Trade sht 2-10-15Jamaican Teas traded 1,860 units to end at $3 with a loss of 14 cents, Lasco Distributors with 459,421 units trading, ended with a loss of 5 cents at $1.95. Lasco Financial had 27,130 shares changing hands to end at $1.90, for a gain of 1 cents, Lasco Manufacturing with 357,626 shares trading, closed at a 52 weeks’ high of $2.21, with a gain of 18 cents and Medical Disposables ended with 19,500 shares changing hands to end at $2.45 with a loss of 5 cents.
Supply have declined sharply for Caribbean Cream and Lasco Manufacturing, with offers now well above the last traded prices with demand above $1.90 for Caribbean Cream and over $2 for Lasco Manufacturing.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , ,

Juniors gained slightly on Thursday

October 1, 2015 by

JSE sign shrt The junior market closed on Thursday with the index gaining 5.77 points to 986.09 and a total of 4 stocks advancing, 2 declining as 10 securities traded. The market ended with 991,037 units, valued at $2,047,066 changing hands.
At the close 3 securities ended with no bids to buy, while 8 had no stocks being offered for sale. A total of 6 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
In trading, AMG Packaging closed at $3.65 with 2,114 units changing hands, Caribbean Producers traded just 111,550 units with a loss of 5 cents at $2.30, Dolphin Cove closed with 4,144 units at $11.50, General Accident Insurance ended with 21,000 units changing hands at $1.51, in the process added 1 cent. Honey Bun with 6,383 shares changing hands, closed unchanged at $4.28, Jamaican Teas traded 5,211 units to end at $3.14 but after adding 4 cents, Lasco Distributors with 47,960 units trading, ended unchanged at $2. Lasco Financial had 221,300 shares changing hands to end at $1.79, for a gain of 18 cents, JM - Trade sht 1-10-15Lasco Manufacturing with 569,558 shares trading, closed at $2.03, with a gain of 2 cents and Paramount Trading ended with 1,817 shares changing hands to end at $6 with a gain of 10 cents.
Strong buying has come in for Lasco Manufacturing with at least 1.8 million units on the bid at $2 to $2.17 and at $1.90 are 536,000 units with only two offers on the board presently for $2.40 and at $2.80. Caribbean Cream has also seen increased buying interest with more than 1.6 million units on the bid to buy at $1.80 to $1.86, supply so far is at $2.05.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , ,