The junior market lost ground on Tuesday with the market index falling 11.76 points to close at 954.62 as the prices of only 1 stock advancing, 5 declined and a total of 8 securities trading. Trading ended with just 444,908 units, valued at $941,966 changing hands.
At the close, there are signs that the supply of junior market stocks is on the decline, with demand slowly rising. The market ended with 3 securities with no bids to buy, while 9 had no stocks being offered for sale and 7 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
Stocks trading are, Caribbean Cream traded 17,000 shares to close with a 5 cents rise to $1.65, Caribbean Producers lost 2 cents with 103,100 shares changing hands at $2.38,
Dolphin Cove traded just 2,950 shares to end at $11.20, after falling $1.05, Honey Bun had 13,290 shares changing hands at $3.98. Lasco Distributors fell 15 cents with 63,276 units changing hands at $1.80, Lasco Financial ended with 81,090 shares changing hands for a fall of 5 cents at $1.70, Lasco Manufacturing lost 1 cent in trading 162,813 units to close at $1.89 and Medical Disposables traded 1,389 shares to close unchanged at $2.36.
Juniors close on positive note Tuesday
Junior index drops 3.5% on Friday
The large decline in the index would be due a lot, to the fall of Lasco Manufacturing with a large number of issued shares.
At the close, 5 securities ended with no bids to buy, while 7 had no stocks being offered for sale and 6 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
Stocks trading are, Access Financial traded 2,500 shares to close with a 2 cents fall to $12, Caribbean Cream lost 30 cents with 14,300 shares changing hands at $1.60, Dolphin Cove
traded just 1,210 shares with a loss of 65 cents to end at $12.25, Knutsford Express had 1,500 shares changing hands at $6.10 for a 10 cents gain. Lasco Distributors closed with 490,000 units trading at $1.90 to gain 5 cents, Lasco Financial ended with 629,255 shares changing hands at $1.80. Lasco Manufacturing closed with 191,077 units trading, ending with a loss of 15 cents at $1.80, Medical Disposables ended with 141,958 shares changing hands to close at $2.36 after gaining 1 cent and Eppley preference share 2019 traded 103,836 units at $6.05.
2 junior stocks up 2 down on Thursday
2 Trading on Thursday ended with just 715,973 units, valued at $1,392,706 changing hands from a total of 5 securities that traded at the end of a trading session that wa suspended from Mid day until 3 PM, du to technical issues. The prices of 2 stocks advanced 2 declined with the junior market index adding 5.53 points to close at 989.02.
At the close, 5 securities ended with no bids to buy, while 5 had no stocks being offered for sale and 3 stocks closed with bids higher than the last traded prices and 3 closed with lower offers.
Stocks trading are, General Accident Insurance traded 75,317 shares with a loss of 2 cents to $1.40, Lasco Distributors closed with 98,216 units trading at $1.85 to gain 5 cents, Lasco Financial ended with just 63,155 shares changing hands at $1.80. Lasco Manufacturing closed with 90,429 units trading, ending with a gain of 1 cent at $1.95 and Medical Disposables ended with 388,856 shares changing hands with a 15 cents loss to $2.35.
4 junior stocks up 0 down Tuesday
Trading on Tuesday ended with just 250,010 units, valued at $593,128 changing hands from a total of 9 securities that traded. The price of none stock declined and 4 advanced with the junior market index adding 20.34 points to close at 990.78.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 5 stocks closed with bids higher than the last traded prices and 4 closed with lower offers.
Stocks trading are, AMG Packaging closed at $3.65 with 1,000 units changing hands, Blue Power closed with 550 units changing hands to close at $13.70 with a gain of 10 cents, Caribbean Cream ended with 600 shares changing hands at $1.90 to gain 15 cents, Caribbean Producers traded 108,777 with a gain of 10 cents to $2.50. Knutsford Express traded just 200 shares at $6, Lasco Distributors closed with 27,000 units trading at $1.87, Lasco Financial ended with 27,000 shares changing hands at $1.85 and Lasco Manufacturing closed with 83,406 units trading, ended with a gain of 19 cents to end at $2.
Quiet day for juniors
Trading on Friday ended with just 496,232 units, valued at $1,411,394 changing hands from a total of 11 securities that traded. The price of 5 stocks declined and 3 advanced with the junior market index losing 2.90 points to close at 966.98.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 5 stocks closed with bids higher than the last traded prices and none closed with lower offers.
Stocks trading are, Access Financial traded 4,840 shares to close with a 18 cents fall to $12.02, Blue Power eased 40 cents to close at $13.60 with 25,000 units trading, Derrimon Trading ended with 15,000 shares changing hands and closed at $2.65, for a gain of 5 cents, Dolphin Cove closed with 1,131 shares changing hands at $12.52, for a 38 cents decline, Honey Bun traded
5,000 units at $3.98, after adding 3 cents. Jamaican Teas had 2,774 shares changing hands, 25 cents higher at $3.50, KLE Group traded unchanged at 50 cents with 5,000 units changing hands, Knutsford Express with 100 shares changing hands ended at $6, Lasco Distributors fell 11 cents to $1.80, after it traded as high as $1.92 and ended with 76,000 units changing hands. Lasco Financial ended with 146,387 shares changing hands at $1.87 and Derrimon Trading 11.75% preference share, ended with 215,000 units changing hands with the price slipping 1 cent to $2.39.
Lasco Manufacturing dominates juniors
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 2 with lower offers.
Stocks trading are, Access Financial traded 7,670 shares to close with a 20 cents increase at $12.20, Cargo Handlers ended with 1,256 shares changing hands and closed at $31, Caribbean Cream ended with 245,000 shares changing hands at $1.71 for a 69 cents decline, Caribbean Producers traded 15,000 units at $2.40, after losing 10 cents. Consolidated Bakeries traded 3,149 shares at $1.20, General Accident Insurance ended with 20,000 shares trading unchanged at $1.42 at the close.
Jamaican Teas had 7,000 shares trading at $3.25 and gained 15 cents, KLE Group traded unchanged at 50 cents with 10,000 units changing hands, Lasco Distributors fell 3 cents to $1.91, with 6,000 units changing hands. Lasco Financial ended with 216,000 shares changing hands at $1.87, for a rise of 21 cents after trading earlier at $1.70, Lasco Manufacturing ended with 1,595,585 shares changing hands at $1.80, but traded as high as $1.95 and Eppley cumulative preference share 2019, ended with 69,175 units changing hands at $6.05.
Kremi gains 40 cents on Tuesday
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 4 with the offers being lower.
Stocks trading are, Access Financial ended at $12 with a loss of $4.50 with 11,886 units changing hands, Cargo Handlers ended with 19,361 shares changing hands and closed at $31, Caribbean Cream rose 40 cents to $2.40 with 72,998 units trading. Caribbean Flavours traded 5,670 units and added 15 cents to end at $2.70, Caribbean Producers traded 103,091 units at $2.50,
Consolidated Bakeries traded 1,000 shares at $1.20, Lasco Distributors was up 10 cents to $1.80, with 8,134 units changing hands, the stock closed with a bid to purchase 3,000 shares at $1.95. Lasco Financial closed with 50,000 units trading to end at $1.66, after rising 1 cent, Lasco Manufacturing closed at $1.90 with 61,231 units changing hands. Medical Disposables traded 78,000 shares to close unchanged at $2.50, Paramount Trading ended with 2,542 shares changing hands at $5.75, for a fall of 25 cents and Eppley cumulative preference share 2019, ended with 8,700 units changing hands at $6.01 with a loss of a cent.
Trading volume picks up for juniors
At the close, 4 securities ended with no bids to buy, while 2 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 1 with the offer being lower.
Stocks trading are, AMG Packaging finished with 28,175 shares to close at $3.65, with a loss of 9 cents, Caribbean Cream ended with 222,048 shares changing hands at $1.70, Caribbean Flavours traded 10,000 units at $2.55, for a decline of 20 cents. The company
released audited financial statements showing profit of $58 million or 64 cents per share, versus $47 million or 56 cents in 2014, from sales revenue that were up to $307 million from $255 million in 2014. Caribbean Producers traded 49,061 units at $2.55, Honey Bun with 1,100 shares changing hands, closed with a gain of 30 cents at $4, Lasco Financial closed with 50,633 units trading, to end at $1.64, after shedding 16 cents and Lasco Manufacturing gained 10 cents in closing at $1.90 but with only 3,300 units changing hands.
Junior market drops 12% from peak
Trading finished with 4 stocks declining and 1 gaining out of 12 securities that traded, resulting in 3,952,442 units, valued at $11,099,945 changing hands. The market lost 30.25 points to close at 918.48, having shed 122 points or 12 percent since it peaked at 1,040.59 on August 11.
The August decline is a bit worse than the 10 percent pull back, after it recorded a peak of 934.69 on June 10, to bottom out on July 27. The sharp movement by junior market stocks is characteristic of the market around the release of results going back from the early days of the junior market index. At the close, 4 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 2 stocks closed with bids higher than the last traded prices and 4 with the offers being lower.
Stocks trading are, Access Financial Services traded 1,500 shares to close at $10.50, with a gain of 50 cents at the close the bid was at $11 to buy 1,000 units. The stock has been trading on thin volumes, with support mostly around the $10 region. AMG Packaging closed at $3.95 with 4,000 units changing hands, Caribbean Cream traded 67,000 units to close 20 cents lower at $1.60.
Caribbean Flavours traded 10,000 units unchanged at $2.75, Caribbean Producers traded just 3,077 units at $2.72, General Accident Insurance traded 274,062 units with the price closing unchanged at $1.50, Jamaican Teas had 2,000,000 shares trading to close at $3.12, Lasco Distributors closed with 476,042 units trading, ended down 20 cents at $1.60. Lasco Financial ended with 500,000 shares changing hands at $1.63 for a fall of 2 cents, Lasco Manufacturing with 240,261 units changing hands, closed at $1.70, with a fall of 15 cents, Paramount Trading ended with 2,500 units trading unchanged at $6 and Eppley 9.5% preference share ended with 374,000 units changing hands at $6.05.





