Grace back in IC TOP 10

Grace new HQ close to the end of construction in downtown Kingston

General Accident returned to the Junior Market TOP 10 list along with Main Event while Grace Kennedy returns to the TOP 10 main market list at the expense of Pulse.
Jamaican Teas price moved up to $3.97 from $3.50 at the close of the previous week and Caribbean Cream came in for some buying during the past week, pushing the price to $6.60 and out of the top flight of Junior Market stocks. In the main market, Grace Kennedy slipped in price to close the week at $59.75 and that was enough for it to edge its way back in the TOP main market stocks.
The three leading Junior Market stocks are Iron Rock with potential gains of 300 percent, Caribbean Producers 281 percent up from last week, as the stock slipped to $4.20 and Lasco Financial with potential gains of 211 percent.
The three leading main market stocks are, Victoria Mutual investments with 152 percent likely gain, is on top, followed by Carib Cement with potential to gain 150 percent for the year down from 172 percent in the prior week and Sterling Investments with 150 percent.
The main market, closed the week with the overall PE at 13.3 and the Junior Market at just 10.6. The PE ratio for Junior Market Top 10 stocks average 6.7 and the main market PE is now 8.4. These levels, point to the huge upside for the TOP 10 stocks over the next 12 months.
The TOP 10 stocks now trade at an average discount of 37 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 37 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.

This report is compiled by persons who may have interest in the securities commented on.

 

Junior Market index above 3,100 points – Friday

The Junior Market of the Jamaica Stock Exchange index rose on Friday, 1,895,979 units valued at $7,592,683traded, down sharply from 3,232,801 units valued at $12,857,715 changing hands on Thursday.
At the close of trading, 23 securities changed hands, compared with 27 on Thursday. The market index rose 15.40 points to close at 3,108.25 as the prices of 7 securities rose, 9 declined and 7 remained unchanged.
Trading ended with an average of 82,434 units for an average of $330,117 in contrast to 119,733 units for an average of $476,212 on Thursday. The average volume and value for the month to date amounts to 183,215 shares valued at $$754,782 compared to 222,952 shares valued at $789,131 on the previous day. In contrast, February closed with an average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 6 with lower offers.
At the close of the market, AMG Packaging ended at $2.10, trading 20,200 stock units ,Cargo Handlers settled with a loss of 4 cents at $12.46, with 600 shares changing hands, Caribbean Cream ended trading of 4,434 shares at $5.50, Caribbean Flavours traded 4,358 stock units, with a loss of 17 cents at $17.05. Caribbean Producers finished 7 cents higher at $4.20, with an exchange of 3,727 units, Derrimon Trading ended 1 cent higher at $2.66, in trading 15,145 shares, Everything Fresh finished at $1.55, with 36,825 stock units changing hands, Elite Diagnostic settled 5 cents higher at $3.25, with 194,985 units passing through the market. Express Catering ended trading 93,875 shares with a rise of 40 cents to $8, FosRich Group traded with 946,315 shares, with a loss of 20 cents to close at $4.30, Fontana finished trading with a loss of 4 cents at $3.97, with 28,700 shares crossing the exchange trading platform. General Accident closed at $4.50, with an exchange of 19,850 stock units, iCreate lost 1 cent and closed market activity at $1.01, with an exchange of 111,640 shares, Indies Pharma finished with a loss of 3 cents at $3.02, in trading 34,600 shares. Iron Rock settled with a loss of 11 cents at $2.99, with 119,786 shares trading, Jamaican Teas traded 4,500 units, after rising 37 cents to $3.97,  Jetcon Corporation  climbed 37 cents higher to $3.24, with an exchange of 7,785 shares, KLE Group ended at $2.65, with 150 shares trading. Lasco Distributors  closed 4 cents higher at $3.80, with 97,950 units changing hands, Lasco Financial  settled with a loss of 15 cents at $4.50, trading 68,459 shares, Lasco Manufacturing  ended trading with 37,509 shares and lost 19 cents to close at $3.31,  Main Event  traded 42,586 shares at $5.50 and Stationery and Office concluded trading of 2,000 shares at $7.50.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market record index gain – Thursday

The Junior Market of the Jamaica Stock Exchange index rose on Thursday, as 3,232,801 units valued at $12,857,715 traded, down sharply from 9,482,082 units valued at $38,586,264 changing hands on Wednesday.
At the close of trading, 27 securities changed hands, compared with 28 on Wednesday. The market index rose 17.53 points to close at 3,092.85 as the prices of 11 securities rose, 11 declined and 5 remained unchanged.
Trading ended with an average of 119,733 units at $476,212 for each security traded, in contrast to 338,646 units for an average of $1,378,081 on Wednesday. The average volume and value for the month to date amounts to 222,952 shares valued at $789,131 compared to 194,902 shares valued at $813,620 on the previous day. In contrast, February closed with an average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, AMG Packaging ended trading 51,876 stock units to close at $2.10, Blue Power concluded trading 50,891 units for 1 cent higher at $4.86, Cargo Handlers settled at $12.50, with 10,000 shares changing hands, Caribbean Cream ended trading 21,150 shares and lost 2 cents to close at $5.50. Caribbean Producers finished trading with a loss of 17 cents at $4.13, with an exchange of 64,600 units. Derrimon Trading ended with a loss of 16 cents at $2.65, with 60,629 shares trading, Dolphin Cove dropped $1.48 trading of 325 shares at $12.51, Everything Fresh finished with a loss of 24 cents at $1.55, as 31,612 stock units changed hands, Elite Diagnostic settled at $3.20, with the trading of 2,000 units. Express Catering ended trading 8,140 shares with a loss of 20 cents, in closing at $7.60, FosRich Group traded 20 cents higher at $4.50, with 454 shares passing through the market, Fontana finished trading with 90,464 shares and rose 1 cent to $4.01, General Accident closed with a loss of 1 cent at $4.50, with 198,105 stock units changing hands. Honey Bun rose 13 cents to $3.83, with trading in 166,143 shares, iCreate closed market activity at $1.02, with an exchange of 20,000 shares, Indies Pharma finished 1 cent higher at $3.05, with 6,000 shares changing hands, Iron Rock added 10 cents in closing at $3.10, trading 151,920 shares. KLE Group ended with a loss of 15 cents at $2.65, with an exchange of 13,328 shares. Knutsford Express concluded trading of 2,000 stock units, with a loss of 48 cents at $12.02, Lasco Distributors rose 1 cent to $3.76, with 40,655 units changing hands, Lasco Financial gained 18 cents to close at $4.65, with an exchange of 1,358,721 shares, Lasco Manufacturing ended trading 837,591 shares for 35 cents higher to close at $3.50. Main Event traded 11,910 shares and rose 19 cents to end at $5.50, Medical Disposables finished trading $1.40 higher at $8, with 500 stock units, Stationery and Office concluded trading at $7.50, with 3,000 shares and tTech settled with a loss of 12 cents at $5.40, with an exchange of 5,807 stock units. In the junior market preference segment, Derrimon Trading ended with a loss of 5 cents at $1.95, with 24,980 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market trading jumps – Wednesday

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Trading climbed sharply on the Junior Market of the Jamaica Stock Exchange on Wednesday, ending in an exchange of 9,482,082 units valued at $38,586,264 compared to only 690,239 units valued at a mere $2,210,720, on Tuesday.
At the close of trading, 28 securities changed hands, compared with 22 on Tuesday. The market index lost 4.35 points to close at 3,075.32 as the prices of 15 securities rose, 9 declined and 4 remained unchanged.
Trading ended with an average of 338,646 units for an average of $1,378,081 in contrast to 31,375 units for an average of $100,487 on Tuesday. The average volume and value for the month to date amounts to 194,902 shares valued at $813,620 compared to 182,206 shares valued at $763,762 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, AMG Packaging ended 2 cents higher at $2.10, with 542,000 stock units changing hands, Blue Power concluded trading of 49,000 units and rose 20 cents to close at $4.85, Cargo Handlers settled with a loss of 2 cents at $12.50, with an exchange of 300 shares. Caribbean Cream ended trading 1,350,100 shares and lost 43 cents to end at $5.52, Caribbean Flavours traded 2 cents higher at $17.22, with 100,000 stock units changing hands, Caribbean Producers swapped 2,477,187 units and fell 15 cents to close at $4.30, Consolidated Bakeries closed with a loss of 20 cents at $1.80, with an exchange of 2,500 shares. Derrimon Trading ended 1 cent higher at $2.81, with 3,520 shares trading, Dolphin Cove concluded trading of 110,100 units $13.99 after jumping by 49 cents, Everything Fresh concluded trading of 2,500 shares and rose 39 cents to $1.79. Express Catering settled at $7.80, with 200 units changing hands, FosRich Group ended trading 89,585 shares at 30 cents higher to $4.30, Fontana traded 8 cents higher at $4, with an exchange of 368,987 shares, Honey Bun ended with a loss of 10 cents at $3.70, with the trading of 30,000 units. iCreate closed market activity at $1.02, with an exchange of 95,836 shares, Indies Pharma concluded trading of 697,280 shares, 2 cents higher at $3.04, Iron Rock finished with a loss of 10 cents at $3, with 13,404 shares changing hands, Jamaican Teas  ended trading 20,000 stock units with a loss of 40 cents to close at $3.60. Jetcon Corporation  closed 7 cents higher at $2.87, with an exchange of 2,613,091 units. Knutsford Express  ended at $12.50, in exchanging 14,412 shares, Lasco Distributors  concluded trading of 22,243 stock units at $3.75,  Lasco Financial  finished 2 cents higher at $4.47, with 76,883 units trading, Lasco Manufacturing  settled with a loss of 5 cents at $3.15, with 450,370 shares changing hands. Main Event  ended trading with 5,940 shares and rose 1 cent to $5.31,  Medical Disposables  traded with a loss of 1.20 cents at $6.60, with 47,571 shares, Paramount Trading  finished trading 106,618 stock units after rising 30 cents to close at $2.40, Stationery and Office ended 3 cents higher at $7.50, trading 148,545 shares and tTech finished 2 cents higher at $5.52, with 108,946 shares changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market trading dives – Tuesday

Trading dived sharply on the Junior Market of the Jamaica Stock Exchange on Tuesday, ending in an exchange of only 690,239 units valued at a mere $2,210,720 compared to 3,646,013 shares valued at $12,828,763, on Monday.
At the close of trading, 22 securities changed hands, compared with 26 on Monday. The market index rose 5.37 points to close at 3,079.67 as the prices of 10 securities rose, 9 declined and 3 remained unchanged.
Trading ended with an average of 31,375 units for an average of $100,487 in contrast to 140,231 units for an average of $493,414 on Monday. The average volume and value for the month to date amounts to 182,206 shares valued at $763,762 compared to 193,454 shares valued at $813,227 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, AMG Packaging ended 1 cent higher at $2.08, with 3,876 stock units changing hands, Blue Power concluded trading of 17,000 units, for 10 cents higher at $4.65, Cargo Handlers settled with a loss of 2 cents at $12.52, with an exchange of 1,000 shares. Caribbean Flavours traded 12,903 stock units rose by 25 cents to $17.20, Derrimon Trading gained 5 cents to close at $2.80, with 18,750 shares changing hands. Dolphin Cove concluded trading of 1,604 shares and rose $1.79 higher to close at $13.50, Everything Fresh finished with a loss of 11 cents at $1.40, with an exchange of 120,000 stock units, Elite Diagnostic settled at $3.20, in trading 5,000 units, Express Catering ended trading 320 shares with a loss of 20 cents at $7.80. FosRich Group traded 25,937 shares 19 cents higher at $4, Fontana finished trading 128,716 shares, with a loss of 8 cents at $3.92, Honey Bun concluded trading 9,918 shares with a loss of 2 cents at $3.80. iCreate rose 1 cent and closed at $1.02, with an exchange of 95,836 shares, Indies Pharma  finished with a loss of 1 cent at $3.02, with the trading of  86,733 shares, Jamaican Teas  traded 50 cents higher at $4, with 2,000 units passing through the market, Knutsford Express  concluded trading of 1,100 stock units at $12.50. Lasco Distributors  finished with a loss of 5 cents at $3.75, with the trading of 110,949 units, Lasco Financial  settled with a loss of 5 cents at $4.45, with 1,388 shares changing hands, Lasco Manufacturing  ended trading 7 cents higher at $3.20, in trading 39,427 shares. Main Event  traded of 5,582 shares, with a loss of 50 cents at $5.30, Medical Disposables finished trading $1.20 higher at $7.80, with 2,000 stock units and Stationery and Office concluded trading of 200 shares at $7.47.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market trading picks up – Monday

Trading picked up on the Junior Market of the Jamaica Stock Exchange on Monday, ending in an exchange of 3,646,013 shares valued at $12,828,763, compared to 2,437,146 units valued at $10,799,411 on Friday,
At the close of trading, 26 securities changed hands, compared with 22 on Friday. The market index rose 11.60 points to close at 3,074.30 as the prices of 8 securities rose, 9 declined and 9 remained unchanged.
Trading ended with an average of 140,231 units for an average of $493,414 in contrast to 110,779 units for an average of $490,882 on Friday. The average volume and value for the month to date amounts to 193,454 shares valued at $813,227 compared to 198,598 shares valued at $844,138 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Access Financial closed at $48, trading 100 shares, Cargo Handlers settled at $12.54, with an exchange of 500 shares, Caribbean Cream ended trading of 301,303 shares after rising 68 cents to close at $5.95. Caribbean Producers lost 15 cents and finished trading 3,400 units at $4.45, Derrimon Trading gained 32 cents to close at $2.75, with 11,000 shares changing hands. Elite Diagnostic settled at $3.20, with an exchange of 47,491 units, Everything fresh finished with a loss of 9 cents at $1.51, with 55,051 stock units trading, Express Catering ended trading of 137,884s hares with a rise of 10 cents at $8, FosRich Group traded 113,135 shares with a loss of 19 cents to end at $3.81. Fontana finished trading 142,292 shares after rising 6 cents higher to $4, GWest Corporation ended with a loss of 5 cents at $1.75, with an exchange of 94,695 units, Honey Bun concluded trading with 65,000 shares and rose 2 cents to end $3.82. iCreate closed at $1.01, with an exchange of 205,264 shares, Indies Pharma finished with a loss of 5 cents at $3.03, trading 1,720,134 shares, Iron Rock settled 10 cents higher at $3.10, in swapping 17,364 shares, ISP Finance ended trading of 1,000 stock units at $15.50.  Jetcon Corporation  traded 1,950 shares with a loss of 30 cents to close at $2.80, Knutsford Express concluded trading 15,643 stock units at $12.50,  Lasco Distributors  finished with a loss of 9 cents at $3.80, with an exchange of 14,485 units, Lasco Financial  settled 5 cents higher at $4.50, with 3,139 shares changing hands. Lasco Manufacturing  ended trading with 590,096 shares with a loss of 7 cents at $3.13, Medical Disposables  finished trading with 50,000 stock units, at $6.60, Stationery and Office closed trading with 4,238 shares at $7.47 and tTech settled at $5.50, with 23,949 stock units changing hands. In the junior market preference segment, CAC 2000 9.5% closed 15 cents higher at $1.15, in trading 6,400 shares.

Prices of securities trading for the day are those at which the last trade took place.

3 changes to IC TOP 10

There are no changes to the TOP 10 main market stock list this week but the Junior Market TOP 10 list has new additions.
IC insider.com revised Paramount Trading earnings to 12 cents per share for the upcoming fiscal year starting June with the stock falling out of the list. General Accident closed the week at $4.50 and slipped off the list while Main Event enjoyed some price recovery, closing the week at $5.80 also moved out. AMG Packaging with the price slipping to $2, Jamaican Teas price moved down to what appears a bargain of $3.50 and tTech down to $5.50 reentered the TOP 10.
The three leading Junior Market stocks are Iron Rock with potential gains of 300 percent, Caribbean Producers 248 percent and Lasco Financial with potential gains of 215 percent.
The three leading main market stocks are, Victoria Mutual investments with 173 percent likely gain, is on top, followed by Carib Cement with potential to gain 172 percent for the year and Sterling Investments with 150 percent.
The main market closed the week with the overall PE at 13.6 and the Junior Market at 10.5. The PE ratio for Junior Market Top 10 stocks average 6.5 and the main market PE is now 8.3. These levels point to the huge upside for the TOP 10 stocks over the next 12 months.
The TOP 10 stocks now trade at an average discount of 38 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 39 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for each company’s current fiscal year, are used to determine the stocks selected. The PE for each stock and the projected gains are computed to show potential gains for the year. The projected gains are ranked to arrive at the selections, with the potential gains ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have interest in the securities commented on.

Falling stocks dominate Junior Market

Junior Market stock trading.

Trading on the Junior Market of the Jamaica Stock Exchange on Friday, ended with an exchange of 2,437,146 units valued at $10,799,411 down from 8,679,414 units valued at $30,344,251 on Thursday, with a 2 to 1 decline to advance ratio of stocks.
At the close of trading, just 22 securities changed hands, compared with 29 securities on Thursday. The Junior Market index fell 28.52 points to close at 3,062.70 as the prices of 7 securities rose, 12 declined and 3 remained unchanged.
Trading ended with an average of 110,779 units at $490,882 for each security trading, in contrast to 299,290 units for an average of $1,046,353 on Thursday. The average volume and value for the month to date amounts to 198,598 shares valued at $844,138 compared to 206,420 shares valued at $875,602 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, AMG Packaging ended 7 cents higher at $2.07 with 7,000 stock units changing hands, Blue Power traded 10,600 units with a loss of 5 cents to close at $4.60, Cargo Handlers settled with a loss of 4 cents at $12.54, with an exchange of 200 shares. Caribbean Producers finished trading 55,000 units at $4.60, Derrimon Trading ended with a loss of 35 cents at $2.52, with 322,500 shares changing hands. Elite Diagnostic settled with a loss of 5 cents at $3.20, with an exchange of 99,575 units, Express Catering ended trading of 285,463 shares with a loss of 10 cents at $7.90, FosRich Group exchanged 59,700 shares at $4, Fontana finished trading 707,485 shares with a loss of 12 cents to end at $3.94. General Accident closed 1 cent higher at $4.51, with 26,700 stock units changing hands, Honey Bun concluded trading of 7,437 shares with a loss of 5 cents to close at $3.80,  ICreate gained 3 cents to close at 98 cents, in trading 42,305 shares, at the close there was buying interest for 641,501 shares at 98 cents, Indies Pharma finished 7 cents higher at $3.08, with an exchange of 21,870 shares. Jamaican Teas traded 72,000 units with a loss of 30 cents to close at a 52 weeks’ low of $3.50. Knutsford Express  concluded trading of 3,500 stock units with a loss of 20 cents at $12.50,  Lasco Distributors  finished with a loss of 11 cents at $3.89, with 59,000 units changing hands, Lasco Financial  settled 4 cents higher at $4.45, with an exchange of 235,500 shares, Lasco Manufacturing  traded with 10,707 shares and rose 14 cents to $3.20. Medical Disposables  finished trading with a loss of 90 cents at $6.60, with an exchange of 26,962 stock units, Paramount Trading closed with a loss of 1 cent at $2.10, with 8,000 units crossing the exchange platform. Stationery and Office  concluded trading of 12,999 shares for a rise of 22 cents at $7.47 and tTech settled at $5.50, with 336,063 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Gains for Junior Market – Thursday

Trading on the Junior Market of the Jamaica Stock Exchange climbed sharply on Thursday with 8,679,414 units valued at $30,344,251 crossing the exchange, compared to 17,755,553 units valued at $89,888,819 exchanged on Wednesday.
At the close of trading 29 securities changed hands, compared with 27 on Wednesday. The Junior Market index climbed 21.14 points to close at 3,091.22 as the prices of 12 securities rose, 9 declined and 8 remained unchanged.
Trading ended with an average of 299,290 units for an average of $1,046,353 in contrast to 657,613 units for an average of $3,329,215 on Wednesday. The average volume and value for the month to date amounts to 206,420 shares valued at $875,602 compared to 194,026 shares valued at $852,887 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of trading, Access Financial closed at $48, in trading 650 shares, AMG Packaging ended with a loss of 1 cent at $2, with 686,844 stock units changing hands, Blue Power concluded trading with 100 units after a loss of 35 cents to end at $4.65. Cargo Handlers settled with a loss of 7 cents at $12.58, with an exchange of 500 shares, Caribbean Flavours dropped $1.05 to close at $16.95 in trading 82,000 stock units, Caribbean Producers finished trading at $4.60, with 7,261 units changing hands. Derrimon Trading ended at $2.87, with an exchange of 30,950 shares, Everything Fresh finished 10 cents higher at $1.60, trading 7,000 stock units, Elite Diagnostic settled at $3.25, with 21,494 units trading. Express Catering ended trading 50 cents higher at $8, with 570,123 shares, FosRich Group traded with a loss of 16 cents at $4, with 75,479 shares, Fontana finished trading 130,851 shares at $4.06, General Accident closed 55 cents higher at $4.50, while exchanging 180,624 stock units. GWest Corporation gained 5 cents in closing at $1.80, trading 13,717 units, Honey Bun concluded trading of 12,800 shares at $3.85, ICreate gained 3 cents to close at 98 cents, in trading 42,305 shares, Indies Pharma finished with a loss of 10 cents at $3.01,with 475,330 shares changing hands. ISP Finance ended trading 500 stock units and rose $2 to close at $15.50, Jamaican Teas traded 72,300 units and rose 5 cents higher to $3.80,  KLE Group ended at $2.80, with 8,689 shares changing hands, Knutsford Express  concluded trading with 150 stock units and lost 10 cents to end at $12.70.  Lasco Distributors  finished 30 cents higher at $4, with an exchange of 10,150 units, Lasco Financial  settled 1 cent higher at $4.41, with 10,400 shares trading, Lasco Manufacturing  ended trading 6,167,975 shares after rising 6 cents to $3.06, Main Event  traded 55 cents higher at $5.80, with 1,229 shares changing hands. Medical Disposables  finished trading 43,371 stock units and rose 50 cents to $7.50,  SSL Venture Capital ended at $1.70, with just 2,500 shares passing through the exchange, Stationery and Office  concluded trading 23,924 shares with a loss of 22 cents in closing at $7.25 and Sweet River finished with a loss of 50 cents to close at a 52 weeks’ low of at $3, with 198 shares changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Portfolio switch swells Junior Market trades

Trading on the Junior Market of the Jamaica Stock Exchange climbed sharply on Wednesday with 17,755,553 units valued at $89,888,819 crossing the exchange, compared to 2,988,737 units valued at $11,616,949 exchanged on Tuesday.
Trading level was swollen by a switch in ownership of shares within a group of companies, rather than a general pick up trading interest. The Junior Market index lost 22.39 points to close at 3,070.08 as declining stocks edged out advancing stocks for a second day.
Twenty seven (27) securities changed hands, compared with the same number on Tuesday. At the close of trading, prices of 10 securities rose, 11 declined and 5 remained unchanged.
Trading ended with an average of 657,613 units for an average of $3,329,215 in contrast to 110,694 units for an average of $430,257 on Tuesday. The average volume and value for the month to date amounts to 194,026 shares valued at $852,887 compared to 128,493 shares valued at $502,830 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of trading, Access Financial closed at $48, with 107,787 shares changing hands, AMG Packaging ended with a loss of 9 cents at $2.01, with an exchange of 1,456,154 stock units, Blue Power concluded trading of 103 units with a rise of 50 cents to close at $5. CAC 2000 finished 1 cent higher at $12.41, in trading 107,333 shares, Cargo Handlers settled at $12.65, with 5,000 shares changing hands, Caribbean Cream ended trading 100,000 shares, for 2 cents more at $5.27, Caribbean Flavours traded just 300 stock units in gaining $1.05 to close at $18. Caribbean Producers finished trading 9 cents higher at $4.60, while exchanging 146,400 units, Derrimon Trading ended 7 cents higher at $2.87, with 172,919 shares changing hands. Dolphin Cove concluded trading of 1,221,152 shares with a loss of $1.65 cents at $11.71, Everything Fresh finished 5 cents higher at $1.50, with 37,500 stock units trading, Elite Diagnostic settled at $3.25, with the trading of 2,756,030 units, Express Catering ended trading of 975,759 shares with a loss of 40 cents at $7.50. FosRich Group traded 78,897 shares with a loss of 9 cents at $4.16, Fontana closed 6 cents higher at $4.06, with 522,903 shares changing hands, General Accident closed with a loss of 55 cents at $3.95, while switching ownership of 2,422,309 stock units, GWest Corporation  ended at $1.75, trading just 647 units. ICreate fell 4 cents to close at 95 cents, in trading 36,885 shares,  Indies Pharma  finished with a loss of 5 cents at $3.11, with an exchange of 336,665 shares, Jamaican Teas  traded 51,111 units, with a loss of 5 cents at $3.75,  Jetcon Corporation  finished trading 33 cents higher at $3.10, with 33,533 shares changing hand. Lasco Distributors  finished with a loss of 6 cents at $3.70, with 1,318,768 units crossing the exchange, Lasco Financial  settled at $4.40, trading 47,833 shares, Lasco Manufacturing  ended trading 791,665 shares, with a loss of 10 cents at $3, Paramount Trading  closed at $2.11, with an exchange of 2,000,000 units, SSL Venture Capital ended 4 cents higher at $1.70, with 16,350 shares changing hands and Stationery and Office concluded trading of 3,011,550 shares with a loss of 3 cents to end at $7.47.

Prices of securities trading for the day are those at which the last trade took place.