Jamaica stocks started trading on Friday where they left off on Thursday with both the main market and the junior market indices rising. Caribbean Cream traded at a new high of $6.78 with 56,000 units as investors continue to respond to the company’s first quarter results.
The all Jamaica Composite Index jumped 1,506.48 points to 179,177.69, the Jamaica Stock 
Exchange Market Index gained 1,347.06 points to 161,258.48, the Jamaica Stock Exchange combined index climbed 1,499.13 point to close at 171,976.49 points andthe junior market index gained 19.20 points to 2,177.83.
Trading after 75 minutes of the market’s opening resulted in 23 securities changing hands, accounting for a volume of 1,330,966 shares with the average number of shares traded amounts to 63,379 units compared to an average of 45,559 units on Thursday. Trading has so far resulted in 10 stocks gaining and 6 declining as stocks trading over 100,000 units include Cable & Wireless that traded 167,000 at $1.12, Consolidated Bakeries traded 400,000 shares at $2.10, Honey Bun with 185,000 units traded at $5.60 and Lasco Manufacturing with 236,850 shares trading at $5.05. Scotia Group gained $1.10 while trading 18,490 shares at $31.90 while Pan Jamaican Investments lost $1 in trading 27,900 units at $24.
JSE off to rousing start – Friday
Juniors enjoy big jump – Thursday
Caribbean Cream climbed 55 cents in trading on Thursday to end at a new high of $6.05.
Caribbean Cream’s gain was in response to an 81 percent jump in profit to $71 million, for the May quarter, while that of Lasco Distributors, was a rebound from the sharp fall last week, of the stock reacting negatively to news to Pfizer’s suggestion, that the compensation for damages was put at US$518,000 instead of US$300 million claimed.
Activity increased on the junior market with more securities being active than on Wednesday. At the close of the market 422,443 units traded valued at $1,648,134, ending with 17 securities trading of which 8 advanced and 6 declined. At the end of trading, 4 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.At the close, Blue Power gained 18 cents and ended at a 52 weeks’ high of $16.18, with 500 units changing hands, Caribbean Flavours traded 10,000 units to end at $6.75 with a loss of 25 cents, Caribbean Producers traded 9,120 units at $3.01, Consolidated Bakeries gained 3 cents in trading 22,350 shares to close at $2.03. Derrimon Trading gained 5 cents to end at $3.05 with 32,000 shares changing hands, General Accident traded 124,374 units at $2.05, Honey Bun fell 30 cents while trading 53,950 shares to close at $5.30, Jamaican Teas lost 4 cents in trading 6,761 shares and closed at $3.80.
Jetcon Corporation had 8,324 units changing hands with a loss of 5 cents at $2.65, Lasco Financial ended with 44,000 shares changing hands, but fell 5 cents to $3.35, Lasco Manufacturing gained 1 cent and closed at $5.01 with 68,023 shares trading. Medical Disposables traded 2,800 shares to close with a gain of 5 cents at $3.10, Paramount Trading fell by 50 cents to end with 10,158 shares changing hands at $10.50 and Eppley 9.5% preference share, ended with 6,200 units changing hands at $6.11.
Juniors gain – Wednesday
The junior market closed with the market index closing higher by 39.61 points to end at 2,083.69 with just 209,776 shares trading with a value of $1,025,220 from 9 active securities with 4 advancing 1 declining. Trading is down from the 14 securities that traded, accounting for 724,885 units valued at $2,996,936, on Tuesday.
The junior market was recording strong gains in the market index with Lasco Distributors‘ price climbing 50 cents to $6.55 while trading 22,000 shares and Caribbean Cream (Kremi) trading 74,400 shares at $5.50 without a change to the Tuesday’s closing price but climbing based on the input into the index movement. Investors were responding to Kremi’s 81 percent jump in profit, to $71 million, for the May quarter.
At the end of trading, 7 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
At the close, AMG Packaging ended at $12.51 with 5,051 units changing hands, General Accident traded 1,987 units at $2.05, Honey Bun gained 5 cents while trading 28,826 shares to close at $5.60, Iron Rock Insurance gained 15 cents in trading 49,100 shares and closed at $3.35. Jetcon Corporation had 43,056 units changing hands at $2.70, Key Insurance closed with 1,000 units changing hands at $2.65, after rising by 5 cents, Lasco Financial ended with 24,200 shares changing hands, at $3.40, after gaining 2 cents and Lasco Manufacturing closed at $5 with 9,256 shares trading and fell 1 cent.
Juniors closed mixed – Tuesday
Caribbean Cream climbed 40 cents in trading on Tuesday to end at $5.50.
At the end of trading, 7 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
At the close, AMG Packaging rose 10 cents to end at $12.51 with 100 units changing hands,
CAC 2000 ended with 1,940 shares but lost 10 cents to close at $6.40, Caribbean Cream gained 40 cents with 153,892 shares up from 153,892 units on Monday changing hands to close at $5.50. The company reported a rise of 9 percent in sales to $316 million for the May quarter and a jump of 81 percent in profit to $71 million or earnings per share of 19 cents. Consolidated Bakeries fell 10 cents in trading 71,559 shares to close at $2, Derrimon Trading closed at $3 with 133,163 shares changing hands, General Accident 
lost 10 cents in trading 38,006 units at $2.05, Honey Bun traded 89,130 shares and lost 5 cents to close at $5.55. Iron Rock Insurance gained 15 cents in trading 49,100 shares and closed at $3.35. KLE fell 5 cents with 9,451 units changing hands at $1.15, Knutsford Express traded 3,336 units changing hands at $14.70, Lasco Distributors traded 2,586 units and rose 5 cents to end at $6.05. Lasco Financial ended with 30,000 shares changing hands, at $3.38, after gaining 23 cents, Lasco Manufacturing closed at $5.01 with 39,074 shares trading and rose 1 cent in the process and Medical Disposables traded 12,232 shares to close with a loss of 40 cents at $3.05.The volumes for the highest closing bids and lowest offers were not available for publication.
Modest recovery for juniors – Monday
The junior market closed trading on Monday with more securities participating and more stocks rising than declining than on Friday, but the market index closed higher at the end. The volume of stocks trading amounted to 2,230,238 units valued at $6,146,551, up from 508,544 units valued at $2,291,057 on Friday.
A total 19 securities traded compared to only 14 on Friday leading to 8 stocks advancing and 6 declining on Monday. The market index ended with a gain of 27.08 points and closed at 2,032.77.
At the end of trading, 4 stocks closed with bids higher than their last selling prices and 1 ended with a lower offer.
At the close, AMG Packaging lost 15 cents to end at $12.41 with 18,255 units changing hands, Caribbean Cream gained 10 cents with 153,892 shares changing hands at $5.10, Caribbean Flavours gained 49 cents to close at $7 with 110,167 shares, Caribbean Producers traded 187,110 units with a decline of 8 cents to $3.01. Consolidated Bakeries gained 10 cents in trading 50,700 shares to close at $2.10, Derrimon Trading closed at $3 with 4,905 shares changing hands, General Accident gained 10 cents in trading 4,316 units at $2.15, Honey Bun traded 28,683 shares and gained 9 cents to close at $5.60. Iron Rock Insurance lost 5 cents in trading 21,000 shares and closed at $3.20. ISP Finance Services traded 1,000 shares at $4.10, Jamaican Teas ended with 82,616 shares trading at $3.84, after rising by 4 cents, 
Jetcon Corporation traded 271,621 units and rose 5 cents to $2.70. K.L.E. Group rose 17 cents with 1,000,000 units changing hands at $1.20, Knutsford Express fell by $2.10 with 200 units changing hands at $14.70, Lasco Distributors traded 1,500 units and rose 18 cents to end at $6. Lasco Financial ended with 130,783 shares changing hands, at $3.15, after falling 7 cents, Lasco Manufacturing closed at $5 with 140,085 shares trading, but lost 3 cents in the process, Medical Disposables traded 2,000 shares to close at $3.45 and tTech ended with 21,405 units trading, to close at $4.
Junior index hit again – Friday
Lasco Distributors recovered some lost ground on Friday.
A total 14 securities traded compared to only 6 on Thursday, leading to 7 stocks advancing and 3 declining on Friday. The market index ended with a loss of 27.23 points, an improvement over the fall of 100.65 points on Thursday to close at 2,005.68. Lasco Distributors and Caribbean Producers that inflicted most of damage to the junior market index over the past three days enjoyed some recovery on Friday,
but that was insufficient to recover losses for the overall market.At the end of trading 5 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
At the end of trading, AMG Packaging closed with a gain of 15 cents at $12.50 with 238 units changing hands, Cargo Handlers ended with 2,145 shares changing hands, at $46, Caribbean Cream fell 10 cents with 99,000 shares changing hands at $5, Consolidated Bakeries gained 10 cents in trading 18,000 shares to close at $2.10. Caribbean Producers traded 17,100 units with a rise of 9 cents to $3.09,
Derrimon Trading gained 5 cents to $3 with 5,000 shares changing hands, Honey Bun traded 7,860 shares at $5.51, Jamaican Teas ended with 21,902 shares trading at $3.80, Jetcon Corporation traded 2,855 units at $2.65. Lasco Distributors traded 124,864 units and rose 49 cents to end at $5.82, Lasco Financial ended with 177,758 shares changing hands, at $3.22, after falling 13 cents. Lasco Manufacturing closed at $5.03 with 11,690 shares trading, tTech lost 40 cents in adding 831 units to the trading volume, to close at $4 and Eppley 9.5% preference share rose 11 cents to close at $6.11.
LascoD shot juniors – Thursday
The junior market closed trading sharply down on Thursday, with the market index diving 100.65 points, to close at 2,032.92. A $1.57 fall in the price of the Lasco Distributors inflicted most of damage to the junior market index on Thursday, with a fall by 4.7 percent, the stock fell from $7.40 at the start of trading on Wednesday, down to $5.30 in the morning session, for a 28 percent decline.
Caribbean Producers that sunk sharply on Wednesday as investors reacted negatively to the news that profit in the final quarter of the fiscal year to June will be hit by added cost. The stock did not trade but closed with the bid at $3.20 compared to the last sale price of $3, Lasco Distributors was one of the stocks that closed with the bid being higher than the last traded price, but with a small volume.
A total of only 6 active securities with only 472,148 shares valued at $2,592,609 changed hands on Thursday. At the close, 2 stocks advanced and 3 declined
At the end of trading 8 stocks closed with bids higher than their last selling prices and 1 ended with a lower offer.
At the end of trading, Consolidated Bakeries gained 15 cents in trading 16,389 shares to close at $2.15, the stock was offered at $2.10 at the close,
Key Insurance traded 1,837 shares and rose 10 cents to close at $2.60. Lasco Distributors traded 412,422 units to end at $5.33, as investors continued to respond negatively to news that Pfizer is countering Lasco 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 5,200 shares changing hands at $3.35, after falling 7 cents, Lasco Manufacturing gained 3 cents to close at $5.03 with 8,300 shares trading and Medical Disposables added 28,000 units and remained unchanged at $3.45.
LascoD & Carib Producers hit juniors – Wednesday
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.
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.