Rising junior stocks inch decliners – Wednesday
The market index eased with 17.09 points, to close at 2,300.92. Market activities ended with 7 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
Trading ended with 635,440 units changing hands, 30 percent less than on Tuesday, while the value traded dropped by 31 percent, with $2,690,732, compared to $3,876,442 changing hands on Tuesday.
At the close, Cargo Handlers have not traded for a few days but today the stock closed with the bid at $90.01 with 5,765 units, nearly $4 ahead of the last sale price with no units offered for sale. Key Insurance that reported poor second quarter results has not traded with the offer at $2.37 to sell 152,290 units compared with the last sale of $2.49, there continues to be no bids on the stock at the close.
Access Financial end trading with 1,889 units to end at $18.40, after falling 10 cents, Caribbean Cream gained 10 cents with 6,914 shares changing hands at $9.20, Caribbean Flavours lost just 1 cent in closing at $8 with 9,500 shares changing hands, Caribbean Producers traded just 46,370 shares to close at $3.40. Consolidated Bakeries lost 7 cents to end at $2.35 with 3,000 units changing hands. Dolphin Cove lost $1.30 and ended at $13.70 with 100 shares trading, General Accident gained 20 cents and closed trading with 91,267 units at $2.25, Honey Bun gained 39 cents in trading 54,391 units to end at $6.24, Iron Rock Insurance traded 1,250 shares to close at $3.30 with a gain of 2 cents. Jamaican Teas had 116,983 units changing hands at $4. Jetcon Corporation rose 45 cents in trading at new record high of $4.95, with 51,980 units changing hands, KLE Group ended at $1.80 with 45,000 shares changing hands after rising by 30 cents, Knutsford Express had 2,191 units changing hands to end at $24. Lasco Distributors closed with 44,000 units trading and ended with a loss of 24 cents at $6.80, Lasco Financial had 16,585 shares changing hands to close at $3.25, Lasco Manufacturing closed at $4.80 with 60,576 shares trading, Medical Disposables traded 78,577 shares with the price remaining unchanged at $4 and tTech traded 4,867 shares at $6.
Mild losses for juniors – Tuesday
Trading ended with 907,063 units changing hands, 9 percent more than on Monday, while the value traded dropped just 5 percent, with $3,876,442, compared to $4,086,204 changing hands on Monday.
At the close, Cargo Handlers have not traded for a few days but today the stock closed with the bid at $89.01 with 100 units, nearly $3 ahead of the last sale price with 1,000 units offered for sale at $1,000. As was the case on Monday, Key Insurance did not trade but seems set to trade at a new low when next it does with the offer at $2.37 to sell 152,290 units compared with the last sale of $2.49, there were no bids on the stock at the close.
Caribbean Cream gained 10 cents with 20,000 shares changing hands at of $9.10, Caribbean Flavours gained just 1 cent in closing at $8.01 with 4,749 shares changing hands, Caribbean Producers traded just 20,130 shares and lost 20 cents to close at $3.40. Consolidated Bakeries lost 1 cent to end at $2.42 with 26,559 units changing hands. General Accident closed trading with 348,954 units at $2.05, with a 15 cents loss, Honey Bun traded 800 units to end at $5.85, Jamaican Teas had 1,100 units changing hands at $4. Jetcon Corporation rose 35 cents in trading at new record high of $4.80, with 34,983 units changing hands but ended at new closing high of $4.50, to gain 100 percent, since listing in late March. Knutsford Express lost 50 cents with 1,559 units changing hands to end at $24, Lasco Distributors closed with 76,469 units trading and ended with a gain of 14 cents at $7.04. Lasco Financial gained 15 cents with 1,165 shares changing hands to close at $3.25. Lasco Manufacturing lost 10 cents to close at $4.80 with 146,842 shares trading, tTech traded 46,953 shares and closed at $6, Derrimon Trading preference share gained 5 cents and ended with 500 units changing hands to close at $2.20 and Eppley 9.5% preference share, fell 20 cents in trading 176,300 shares, to end at $6.30.
5 juniors rise 2 down – Friday
Jetcon Corporation was the only stock trading at a new high, the price rose 30 cents in closing at new record high of $4.30 with 84,170 units changing hands. At the close the stock had a bid of $4.35 to buy 15,000 units, 10,200 units was the lowest offer at $4.80. Key Insurance did not trade, but seems set to trade at a new low with the offer at $2.38 compared with the last sale of $2.49, there were no bids on the stock at the close.
The market index gained 18.92 points, to close at 2,296.85. Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
Trading ended with 4,977,327 units changing hands, 253 percent more than on Thursday, while the value traded jumped 465 percent, with $32,514,713, compared to $5,750,259 changing hands on Thursday.
At the close, AMG Packaging traded 10,243, shares with the price dropping 22 cents to close at $15, Caribbean Cream gained 30 cents and closed with 81,236 shares changing hands at of $9, earlier in the trading session the stock traded at $9.50. Caribbean Flavours traded 7,000 shares to close at $8, Caribbean Producers traded just 2,000 shares and rose 15 cents to close at $3.45. Consolidated Bakeries closed with a gain of 4 cents t0 $2.44 with 2,549 units changing hands. General Accident closed trading with 10,000 units, to close at $2.29, Knutsford Express Services dropped 50 cents to end with 2,746 units trading at $24.50, Lasco Distributors closed with 3,769,952 units trading and ended with a gain of 8 cents at $7.05. Lasco Financial with 10,000 shares changing hands closed at $3.30. Lasco Manufacturing rose 45 cents and closed at $4.90 with 801,743 shares trading, Medical Disposables traded 53,000 shares and closed at $4, Sweet River had just 1,150 shares changing hands at $3.85 and Eppley redeemable 2019 preference share, traded 80,000 shares, unchanged at $6.10.
3 new closing junior highs – Thursday
The market index gained 3.66 points, to close at 2,277.93. Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
Trading ended with 1,412,005 units changing hands, 57 percent less than on Wednesday, while the value traded dropped 64 percent, with $5,750,259, down from $15,960,574 changing hands on Wednesday.
At the close, AMG Packaging traded 59,416, shares with the price dropping 33 cents to close at $15.22, CAC 2000 closed with 5,000 shares changing hands at $6.40. Caribbean Cream gained 30 cents and closed with 10,000 shares changing hands at a 52 weeks’ closing high of $9, Caribbean Producers traded 1,013,163 shares and rose 5 cents to close at $3.30. Consolidated Bakeries closed with a regained of 5 cents at $2.40 with 83,211 units changing hands. General Accident closed trading with 57,610 units but lost 1 cent to close at $2.29, Honey Bun fell 32 cents in trading 20,637 units to end at $5.53, Iron Rock Insurance traded 8,000 shares at $3.28, Jamaican Teas traded only 3,900 units but declined by 20 cents to end at $3.60. Jetcon Corporation traded 20,000 shares and gained 70 cents to close at a new all-time high of $4, Key Insurance traded 10,000 units and lost 16 cents to close at a new low of $2.49. Knutsford Express Services dropped $1 to end with 14,950 units trading at $25, Lasco Distributors closed with 8,645 units trading, ended with a loss of 3 cents at $6.97, Lasco Financial gained 20 cents with 5,000 shares changing hands at $3.30. Lasco Manufacturing rose 9 cents and closed at $4.45 with 89,310 shares trading, Medical Disposables rose by 15 cents in trading 1,063 shares and closed at $4, Paramount Trading climbed $2.45 to end with 2,000 shares changing hands at a 52 weeks’ high of $17.50 and Derrimon Trading preference share lost 5 cents in trading 100 shares at $2.15.
2 new highs for junior stocks – Wednesday
The market index gained 8.17 points, to close at 2,274.27. Market activities ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
Trading ended with 3,294,451 units changing hands, 520 percent more than on Tuesday, while the value traded jumped 597 percent, with $15,960,574, up from $2,288,358 changing hands on Tuesday.
At the close, AMG Packaging traded 25,500, shares with the price dropping $1.95 to close at $15.55, Blue Power rose 98 cents with 615 shares trading and closed at a new high of $21, CAC 2000 closed with 2,000 shares changing hands at $6.40. Caribbean Cream gained 40 cents and closed with 6,823 shares changing hands at a 52 weeks’ high of $8.70, after trading as high as $10.20, Caribbean Flavours lost 50 cents in trading 30,000 units to close at $8, Caribbean Producers traded 19,171 shares and fell 35 cents to close at $3.25. Consolidated Bakeries closed with a loss of 5 cents at $2.35 with 16,121 units changing hands. C2W Music ended with 210,483 shares trading at 20 cents, General Accident closed trading with 86,147 units at $2.30, Honey Bun rose 33 cents in trading 27,760 units to end at $5.85, Jamaican Teas traded only 220 units but declined by 20 cents to end at $3.80. KLE Group traded 66,000 units and rose by 10 cents to close at $1.50. Knutsford Express Services ended with 740 units trading at $26, but ended trading with the stock on offer at $25 to sell 38,260 units. Lasco Distributors closed with 1,409,630 units trading, ended with a rise of 5 cents at $7, Lasco Financial lost 35 cents with 1,266,578 shares changing hands at $3.10. Lasco Manufacturing fell 9 cents and closed at $4.36 with 1,652 shares trading, Medical Disposables rose by 30 cents in trading 40,933 shares and closed at $3.85 and tTech rose 70 cents in trading 84,078 shares at $6.
7 junior stocks rise 2 fall – Tuesday
The Junior market closed on Tuesday, with limited traded that rose 69 percent above Monday’s low level Fewer securities traded than on Monday, but at the close 7 stocks gained, while 2 declined out of 10 securities that traded, down from 12 on Monday as two stocks closed a new highs.
The market index declined 14.32 points, to close at 2,266.10. Market activities ended with 4 securities closing with bids higher than their last selling prices and 5 ending with lower offers.
Trading ended with 531,125 units changing hands, 63 percent less than on Monday, while the value traded jumped 57 percent, with just $2,288,358 up from $1,453,100 changing hands on Monday.
At the close, Caribbean Cream closed with 18,700 shares changing hands and gained 30 cents to close at $8.30, Caribbean Producers traded 2,316 shares to close at $3.50 after gaining 35 cents, Consolidated Bakeries closed with a 20 cents rise to close at $2.40 with 20,192 units changing hands. Honey Bun rose 33 cents in trading 90,458 units to end at $5.85, Lasco Distributors closed with 16,572 units trading, ended with a loss of 5 cents at $6.95, Lasco Financial gained 5 cents with 209,953 shares changing hands at $3.45. Lasco Manufacturing rose 10 cents and closed at $4.45 with 125,661 shares trading, Medical Disposables traded 27,067, shares and closed at $3.55, Paramount Trading climbed $1.05 to end with 2,000 shares changing hands at a 52 weeks’ high of $15.05 and tTech rose 5 cents in trading 18,206 shares at $5.30.
2 junior stocks rise 4 fall – Monday
The Junior market closed on Monday, with limited trades that fell 63 percent below Friday’s levels, but with a few more securities traded than on Friday. At the close, only 6 stocks had changes in their prices as 2 gained, while 4 declined out of 14 securities that traded, up from 12 on Friday.
The market index rose just 4.21 points, to close at 2,280.42 and is up 27 percent for the year to date.
Market activities ended with 7 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
Trading ended with 314,520 units changing hands, 63 percent less than on Friday, while the value traded dropped a whopping 73 percent, with just $1,453,100 down from $5,439,011 changing hands on Friday.
At the close, AMG Packaging dropped $1.70 and ended at $17.50, with just 535 units changing hands, Cargo Handlers traded at a new high of $86.10 after rising 10 cents with just 200 shares trading, at the close the bid on the stock was for 1,500 shares at 86.50 with none on offer. Caribbean Cream closed with 1,200 shares changing hands at $8, Caribbean Producers traded 4,489 shares to close at $3.25 after falling 53 cents, C2W Music closed at 20 cents with 950 units changing hands, Derrimon Trading rose 5 cents to close at $3.10 with 2,000 shares changing hands, General Accident traded 150,000 units to end at $2.30. Honey Bun traded 3,634 units to end at $5.52, Knutsford Express traded 4,000 shares to close at $26, Lasco Distributors ended with 24,964 shares changing hands and fell 5 cents to close at $7. Lasco Financial had just 2,899 shares changing hands at $3.50, Lasco Manufacturing closed at $4.35 for a loss of 15 cents with 110,563 shares trading, Medical Disposables traded 117,630, shares and closed at $3.55 and tTech traded 26,456 shares at $5.25.
5 junior stocks rise 4 fall – Friday
Trading ended with 844,487 units changing hands, 54 percent less than on Thursday, while the value traded dropped 41 percent from Thursday, with $5,439,011 changing hands on Friday. At the close 5 stocks gained, while 4 declined out of 12 securities that traded, down from 19 on Thursday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and 5 ending with lower offers as the supply of many stocks continue to evaporate.
At the close, AMG Packaging climbed $2.50 and ended at $19.20, with just 2,450 units changing hands, Caribbean Cream closed with 16,000 shares changing hands with a loss of 50 cents at $8, Consolidated Bakeries traded 18,293 shares to close at $2.20 after falling 5 cents. C2W Music closed at 20 cents with 40,000 units changing hands, General Accident traded 11,553 units to end at $2.30. Honey Bun traded 4,000 units and gained 2 cents to end at $5.52, Jamaican Teas rose 60 cents in trading just 1,133 shares to close at $4 but was on offer to sell 3,900 units at $3.80, Lasco Distributors ended with 689,330 shares changing hands and gained 35 cents to close at $7.05. Lasco Financial had just 100 shares changing hands at $3.50, for a loss of 2 cents, Lasco Manufacturing closed at $4.50 with 10,128 shares trading and tTech rose 25 cents in trading 1,500 shares at $5.25.
Stocks to watch in the coming week are AMG Packaging, Blue Power, Cargo Handlers, Caribbean Cream, Honey Bun, ISP Finance, Jetcon, Knutsford Express, Lasco Financial, Paramount and tTech. The supplies for most of these stocks have pretty much dried up around current prices.