The junior market closed trading sharply down on Wednesday with the market index falling 56.88 points, to close at 2,133.57. A 90 cents falls in the price of the Caribbean Producers inflicted much damage to the market index which fell by 2.6 percent, Lasco Distributors also chipped in with a 40 cents fall. Both stocks were the subject of new information that is negative for their stock prices.
A total of 11 active securities with only 777,300 shares valued at $4,030,252, changing hands. At the close, 4 stocks advanced and 5 declined
At the end of trading 7 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, AMG Packaging fell 71 cents in trading 5,854 shares at $12.41, CAC 2000 lost 6 cents with 22,385 shares changing hands, to end at $6.56, Caribbean Cream traded 5,260 shares and gained 5 cents to end at $5.10. Investors continued to react negatively to the release by Caribbean Producers on Monday, about a write down of inventory and other charges, by marking the stock down again by 90 cents, in trading 264,600 shares to close at $3. At the close the only meaningful bid visible is at $1.50 to buy 999,000 units, offers include 30,000 at $3.80 and at $4 a total of 135,000 units. Consolidated Bakeries gained 15 cents in trading 2,800 shares to close at $2.15, the stock was offered at $2.10 at the close. 
C2W Music traded 5,589 shares to end at 28 cents, Honey Bun rose 1 cent to close at $5.51, with 21,460 units changing hands, Iron Rock Insurance traded 5,000 shares and fell 5 cents to close at $3.25. Lasco Distributors dropped 40 cents while trading 342,459 units to end at $7, as investors responded negatively to news that Pfizer is countering Lasco’s huge claim of more than US$300 million, with their estimate of less than US$1 million. Pfizer had previously challenged Lasco over their right to sell tablets for hypertension and lost, resulting in the need to quantify damages by the courts. Lasco Financial ended with 64,000 shares changing hands at $3.42, after gaining 22 cents and Lasco Manufacturing closed at $5 with 37,893 shares trading.
LascoD & Carib Producers hit juniors – Wednesday
Juniors hit by 6 losers – Tuesday
The junior market closed trading on Tuesday with the market index falling 16.25 points, to close at 2,190.45. A total of 13 active securities with only 450,190 shares valued at $1,993,763, changing hands. At the close, 4 stocks advanced and 6 declined.
At the end of trading 7 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, CAC 2000 gained 1 cent with 1,500 shares changing hands, to end at $6.56, Investors reacted negatively to the release by the Caribbean Producers on Monday, about a write down of inventory and other charges, by marking the stock down by 78 cents, in trading 100,545 shares to close at $3.90.At the close there were bids to buy 2,000 units at $3.85 and 50,000 units at $3.50 then 200,000 units at $3, offers are 98,000 at $4.68 and $4.69 with 50,000 units at $4.75. Dolphin Cove traded 6,282 shares to end with a rise of 35 cents at $12, General Accident Insurance closed at $2.05 with 46,820 units trading, Honey Bun fell 10 cents to close at $5.50, with 76,633 units changing hands, 
Iron Rock Insurance traded 9,000 shares and fell 5 cents to close at $3.30. Jamaican Teas traded 1,800 shares to close at $3.80, Jetcon Corporation lost 35 cents in trading 54,044 units to close at $2.60, Lasco Distributors rose 2 cents while trading 23,496 units to end at $7.40, Lasco Financial ended with 10,098 shares changing hands at $3.20. Lasco Manufacturing fell 1 cent and closed at $5 with 119,342 shares trading, Medical Disposables gained 5 cents in trading 530 shares to close at $3.45 and tTech declined by 10 cents in trading 100 units to close at $4.40.
Juniors hit by 8 losers – Monday
The junior market closed trading on Monday with the market index falling by 8.94 points, to close at 2,206.70, disguising the wide gap in the decline, advance ratio. A total of 14 active securities compared to 13 on Friday traded but with only 626,581 shares valued at $2,868,043, changing hands on Monday.
At the close, 3 stocks advanced and 8 declined while two traded at new closing highs.
At the end of trading 7 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Caribbean Cream fell 45 cents with 16,400 shares changing hands, to end at $5.45, Caribbean Producers, gained 38 cents in trading 1,970 shares at $4.68, Consolidated Bakeries had 50,000 units changing hands, to close at $2, C2W Music traded 10,000 and lost 1 cent to close at 28 cents. Derrimon Trading Company had 32,000 shares trading with a loss of 25 cents to end at $2.95, Dolphin Cove traded 6,083 shares, to end with a fall of 10 cents at $11.65, 
General Accident Insurance closed at $2.05 with 16,427 units trading. Honey Bun fell 45 cents to close at $5.60 with 51,022 units changing hands, Iron Rock Insurance traded 9.838 shares and rose 5 cents to close at $3.35, Jetcon Corporation traded only 900 units at $2.95, Knutsford Express fell 70 cents in trading a mere 460 shares to end at $16.80. Lasco Distributors fell 12 cents in trading 11,893 units to end at $7.38, Lasco Financial slipped 25 cents and ended with 25,341 shares changing hands at $3.20 and Lasco Manufacturing closed at $5.01 with 394,247 shares trading after rising by a cent.
Proven hits 52 weeks’ low
Lasco Manufacturing with 368,596 shares trading at $5.05, is the leading volume trade in the early Monday morning session, on the Jamaica Stock Exchange, followed by Proven Investments
with 257,000 units with the price dropping to a 52 weeks’ low of 15.02 US cents, down from 17 cents at the close on Friday. 1834 Investments chipped in with 96,000 shares at $1.01.
The session had low volumes trading overall with less securities trading after 75 minutes of the market’s opening compared to Friday morning as the various indices declined across the board.
Market activity resulted in 23 securities changing hands, accounting for a volume of 921,863 shares 9 stocks gained and 7 declined. The average number of shares traded amounts to 40,081 units compared to an average of 77,695 units on Thursday.
The all Jamaica Composite Index dropped 482.38 points to 178,968.19, the Jamaica Stock Exchange Market Index fell 431.32 points to 161,071.14, the Jamaica Stock Exchange combined index declined by 415.83 to close at 172,122.84 points andthe junior market index slipped 1.56 points to 2,214.08.
Juniors enter July with gains – Friday
Caribbean Cream traded at a new all time closing high on Friday of $5.50.
At the end of trading 6 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers.At the end of trading, Blue Power closed at a new high of $16 with 3,881 units trading to gain $1, Caribbean Cream gained 50 cents with 96,989 shares changing hands, to end at a new closing high of $5.50. Out of favour, Caribbean Flavours, lost 5 cents in trading 11,039 shares at $6.51, Consolidated Bakeries gained 20 cents with 373,576 units changing hands, to close at $2,
Dolphin Cove traded 5,000 shares, to end with a rise of 10 cents at $11.75, General Accident Insurance closed at $2.05 with 4,147 units trading. Honey Bun gained 45 cents to close at $6.05 with 58,441 units changing hands, Knutsford Express traded a mere 200 shares to end at $17.50, Lasco Distributors traded 76,398 units to end at $7.50, Lasco Financial ended with 2,713 shares changing hands at $3.45. Lasco Manufacturing closed at $5 with 301,603 shares trading, Medical Disposables traded 400 shares to close at $3.40 and tTech gained 50 cents in trading 746,761 units to close at $4.50.
All Jamaica jumps 2,500 points
Scotia Group jumped to $32.89 from $30.70 with 564,857 shares helped push the All Jamaica composite by nearly 2,500 points in early Friday morning on the Jamaica Stock Exchange. At the same time Blue Power traded 3,881 shares at a new 52 weeks’ high of $16, to gain $1. Activity picked up on the first trading day for July with five company’s stocks trading over 100,000 units and one over 90,000 shares.
After 75 minutes of trading in the early morning session, on Friday, Caribbean Cream traded 96,989 units bat $5.50., Lasco Manufacturing had 193,204 shares trading at $5, Margaritaville Turks traded 150,000 units at 19 US cents, Supreme Ventures traded 300,000 shares at $4.54 and tTech had 746,761 shares trading at $4.50.
Trading resulted in activity in 28 securities, accounting for a volume of 2,175,463 shares compared to as 14 stocks gained and 5 declined. The average number of shares traded amounts to 77,695 units compared to an average of 71,299 units on Thursday.
The all Jamaica Composite Index jumped 2,431.09 points to 179,885.32, the Jamaica Stock Exchange Market Index surged 2,173.75 points to 161,891.19, the Jamaica Stock Exchange combined index climbed 1,823.55 to close at 172,630.57 points andthe junior market index rose 0.27 points to 2,214.16.
Juniors end June up – Thursday
Blue Power hit a new high of $15 on Thursday.
At the end of trading 9 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers. The market has been trading at the upper end a channel, ranging from 1,900 points to 2,300 points at the top, which is constraining movement in either direction as investors await new sets of company results or some other market moving activity.
With the market trading closer to the top than the bottom suggest it is waiting for a break out which the June quarter results could fuel. At the end of trading, Access Financial traded 8,055 shares at $17.40, Blue Power closed at a new high of $15 with 8,000 units trading to gain $1.30, CAC 2000 traded 600 shares but declined 40 cents to end at $6.55, Caribbean Cream gained 14 cents with 9,057 shares changing hands, to close at $5. The out of favour, Caribbean Flavours, lost 44 cents in landing 25,000 shares for buyers at $6.56, Caribbean Producers gained 24 cents with just 5,000 units changing hands, to close at $4.30, C2W Music traded 96,545 shares, to end with a rise of 1 cent at 29 cents, General Accident Insurance closed at $2.05 with 6,045 units trading. Honey Bun gained 10 cents to close at $5.60 with 9,066 units changing hands. 
Jamaican Teas had only 130 shares changing hands with a gain of 40 cents to end at $3.80, Jetcon Corporation gained 30 cents in trading a mere 100 shares to end at $2.95, Lasco Distributors traded 85,577 units to end at $7.50, Lasco Financial ended with 33,527 shares changing hands at $3.45, for a fall of 4 cents. Lasco Manufacturing closed at $5 with 70,325 shares trading, Medical Disposables traded 26,362 shares to close with a gain of 10 cents, at $3.40 and tTech traded 112 units at $4.
Partial recovery for juniors – Wednesday
The junior market closed trading on Wednesday with the market index climbed by 22.74 points, recovering a large part of the big loss on Tuesday, to close at 2,190.33 as Lasco Distributors recovered some of yesterday’s loss. Only 11 active securities with the volume 
at 1,318,717 shares valued at $3,968,524 changed hands. At the close, 5 stocks advanced and 3 declined.
At the end of trading 8 stocks closed with the bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Caribbean Cream fell 24 cents with 58,663 shares changing hands, to close at $4.86 after trading at an all-time high of $5.50, Consolidated Bakeries traded 859,272 shares, lost 5 cents to end at $1.80, Dolphin Cove traded 14,300 units and rose 5 cents higher at $11.65. General Accident Insurance fell 1 cent to close at $2.05 with 112,200 units trading, 
Honey Bun gained 30 cents to close at $5.50 with 14,517 units changing hands, Iron Rock Insurance had 16,900 shares changing hands with a gain of 4 cents to end at $3.30, Knutsford Express Services traded 28,182 shares at $17.50. Lasco Distributors gained 50 cents in trading 12,110 units to end at $7.50, Lasco Manufacturing closed at $5 with 199,373 shares trading, Medical Disposables traded 1,100 shares to close with a gain of 30 cents at $3.30 and tTech traded 2,100 units at $4.
Juniors dented – Tuesday
The junior market closed trading on Tuesday with the market index dropping sharply by 38.02 points to 2,167.59. Only 11 active securities with the volume at 829,809 shares valued at $2,684,479 changed hands. 
At the close, 3 stocks advanced and 5 declined while one closed at a new low.
At the end of trading 9 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers.
At the end of trading, Blue Power Group traded 900 shares and rose 15 cents to end at $13.70, CAC 2000 had 500 shares trading firm at $6.95, Caribbean Cream gained 10 cents with 44,500 shares changing hands to close at $5.10, Caribbean Producers traded 
4,000 units to end at $4.06 with a gain of 6 cents. C2W Music had 268,277 shares changing hands, but fell 6 cents to close at an all-time low of 28 cents, Honey Bun lost 40 cents to close at $5.20 with 4,412 units changing hands, Key Insurance closed at $2.50 with 3,600 units changing hands. Lasco Distributors dropped 60 cents in trading 184,611 units to end at $7, Lasco Financial closed with a fall of 1 cents at $3.49, with 800 shares changing hands, Lasco Manufacturing closed at $5 with 17,607 shares trading and Medical Disposables traded 300,602 shares to close with a loss of 25 cents at $3.
Juniors close down on Monday
The junior market closed trading on Monday with only 9 active securities as the volume climbed to 3,510,504 shares valued at $14,348,452 changing hands as the market saw a number of relatively large trades taking place. At the close the junior market index fell by 10.02 points to 2,205.61. Only 3 stocks advanced and 2 declined.
At the end of trading 5 stocks closed with the bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Consolidated Bakeries traded 623,874 units to end at $1.85, Derrimon Trading closed with 100,000 shares changing hands at $3.20 after declining by 10 cents, General Accident traded at $2.06, with 85,500 shares changing hands, Honey Bun lost 20 cents to close at $5.60 with 1,011,707 units changing hands.
A total of 987,000 of the Honey Bun shares traded between $5 and $5.20. Iron Rock Insurance closed at $3.26 with 187,915 units changing hands for a gain of 6 cents, at the close the bid is at $3.20 to buy 4.67 million units. Jamaican Teas ended with 96,271 shares but lost 40 cents to close at $3.40, Knutsford Express closed trading with 1,033 shares, to end at $17.50, Lasco Distributors traded 27,017 units to end with a gain of 10 cents, at $7.60. Lasco Financial closed with a fall of 11 cents at $3.50, with 385,735 shares changing hands and Lasco Manufacturing lost 1 cent to close at $5 with 1,083,723 shares trading.
