Flat trading for juniors – Tuesday

March 1, 2016 by
General Accident closed at a new 52 weeks' high on Tuesday

General Accident closed at a new 52 weeks’ high on Tuesday

The junior market eked out a meagre gain on Tuesday although declining stocks exceeded advancing ones by a wide margin. The market gained a mere 0.08 points to end at 1,947.99 with 13 securities trading of which 8 declined and 4 advanced, including 1 of that traded at a 52 weeks’ high. The market ended with 534,537 units changing hands, valued at $3,813,759.
At the close, 2 securities ended with no bid and 6 securities had no stocks being offered for sale. There were 7 stocks closing with bids that were higher than their last selling prices and 2 ended with lower offers.
In trading, Access Financial declined by $1 in trading 2,550 units to close at $16.50, Blue Power rose by $1.70 with 188,655 units changing hands, to end at $11, after it posted profits of $25 million in the January quarter, $13 million more than the comparative period last year.  Caribbean Cream lost 52 cents while trading 1,000 shares to close at $3.73. Caribbean Producers had 9,352 units changing hands to close a gain of 5 cents at $4.60, Consolidated Bakeries traded 16,000 units to close with a loss of 10 cents at $1.40, General Accident traded 5,000 units at a 52 weeks’ high of $3 with a gain of 20 cents.JM sum 01-03-16 Honey Bun traded 27,600 shares to gain 20 cents and close at $14, Jamaican Teas lost 10 cents and ended with 2,484 units changing hands at $7.60, KLE Group closed at $1.90 with 32,420 shares changing hands with a loss of 30 cents. Lasco Distributors closed with 108,550 units trading, to end at $5.50, Lasco Financial ended at $3.10 with 22,622 shares changing hands, after falling by 13 cents, Lasco Manufacturing ended trading with 118,104 shares and lost 10 cents to close at $4 and tTech traded 200 shares to close with a loss of 18 cents at $4.67.

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Juniors eased again on Monday

February 29, 2016 by
http://icinsider.com/consolidated-bakeries-profit-falters/

General Accident closed at a new 52 weeks' high on Monday

General Accident closed at a new 52 weeks’ high on Monday

The junior market lost some more ground again on Monday although advancing stocks exceeded declining ones. The market lost 8.37 points to end at 1,947.91 with 14 securities trading of which 4 declined and 5 advanced, including 1 of that traded at a 52 weeks’ high. The market ended with 1,010,904 units changing hands, valued at $5,976,571.
At the close, 2 securities ended with no bid and 6 securities had no stocks being offered for sale. There were 11 stocks closing with bids that were higher than their last selling prices and 3 ended with a lower offer.
In trading, Access Financial traded 4,000 units to close at $17.50, AMG Packaging rose by $1.40 with 223,936 units changing hands, to end at $13.10, C2W Music traded 20,636 units to close at 45 cents, Caribbean Cream gain 55 cents while trading 580 shares to close at $4.25. Caribbean Flavours traded 2,473 units at $8.60, Caribbean Producers had 18,386 units changing hands to close a loss of 45 cents at $4.55, Consolidated Bakeries traded 15,465 units at $1.50 after rising 10 cents but closed with an offer at $1.44. JM sum 29-2-16rDolphin Cove traded 582 shares to gain 33 cents and end at $15.95, General Accident traded 1,000 units at a 52 weeks’ high of $2.80 with a gain of 30 cents, Jamaican Teas ended with 1,364 units changing hands at $7.70, KLE closed at $2.20 with 1,270 shares changing hands with a loss of 30 cents. Lasco Distributors rose by 44 cents and closed with 52,455 units trading to end at $5.50, Lasco Financial ended at $3.23 with 45,300 shares changing hands, Lasco Manufacturing ended trading with 322,957 shares and lost 25 cents to close at $4.10 and Medical Disposables traded 300,500 shares to close at $3.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , ,

Juniors slip again on Friday

February 26, 2016 by

Lasco Distributors price dropped sharply on Friday.

Lasco Distributors price dropped sharply on Friday.

The junior market ceded ground again on Friday although advancing exceeded declining stocks as 5 stocks declined and 7 advanced leading to fall of 1.1 percent in the index. The market lost 22.36 points to end at 1,956.28 with 14 securities trading, 1 of which traded at 52 weeks’ intraday high. The market ended with 2,536,210 units changing hands, valued at $12,049,340.
At the close, 2 securities ended with no bid and 7 securities had no stocks being offered for sale. There were 7 stocks closing with bids that were higher than their last selling prices and none ended with a lower offer.
In trading, Access Financial fell 50 cents while trading 78,424 units to close at $17.50, AMG Packaging rose by 50 cents with 604 units changing hands, to end at $14.50, C2W Music traded 100,000 units and rose 2 cents to be at 45 cents, Caribbean Cream fell by 10 cents while trading 18,220 shares to close at $3.70. Caribbean Producers had 126,206 units changing hands to close at $5, General Accident traded 21,315 units at $2.50 with a gain of 10 cents,JM sum 26-2-16 Honey Bun ended with 17,122 units changing hands at $13.80 after rising 20 cents, Knutsford Express closed at $18.51 with 3,500 shares changing hands. Lasco Distributors lost 89 cents and closed with 809,400 units trading to end at $5.06, Lasco Financial rose 3 cents to end at $3.23 with 140,450 shares changing hands, Lasco Manufacturing ended trading with 1,040,376 shares and gained 40 cents to close at $4.35. Medical Disposables traded 22,000 shares to close 11 cents higher, at $3.50 after it traded at an intraday high of $3.70, tTech closed with a gain of 34 cents at $4.85 with 33,593 shares trading and Derrimon Trading preference share traded 125,000 units to close 1 cent lower at $2.15.

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Juniors drop 16% from peak on Thursday

February 25, 2016 by
Honey Bun closed at a new 52 weeks' high on Thursday

Honey Bun closed at a new 52 weeks’ high on Thursday

The junior market lost much ground on Thursday, slashing 16 percent off its January high, as the heavy weighted Lasco Distributors dropped 15 percent in a shortened trading session, as the market closed early on election day.
Declining stocks beat out advancing ones 6 to 4 advancing leading to a big fall of 4.65 percent in the junior market index as a huge 96.48 points was slashed to end at 1,978.64. A total of 12 securities traded, 1 of which ended at a 52 weeks’ high. The market ended with 2,076,968 units changing hands, valued at $12,398,257. At the close, 2 securities ended with no bids and 8 securities had no stocks being offered for sale. There were 6 stocks closing with bids that were higher than their last selling prices and 1 ended with a lower offer.
In trading, Access Financial fell $1.50 while trading 1,426 units to close at $18, Caribbean Cream declined by 35 cents while trading 26,900 shares to close at $3.80, Caribbean Flavours closed with 6,586 units changing hands but fell 10 cents to $8.60, Caribbean Producers lost 10 cents with 67,954 units changing hands, to close at $5. JM Trd 25-02-16Consolidated Bakeries dropped 22 cents in trading 10,000 shares at $1.40, Dolphin Cove traded 3,100 shares at $15.62, to record an increase of 1 cent, Honey Bun gained 22 cents to close at a 52 weeks’ high of $14 with 408,083 units changing hands, Jamaican Teas traded 41,562 shares with the price remaining unchanged at $7.70. KLE Group closed with 47,759 shares changing hands at $2.50. Lasco Distributors closed with 204,850 units trading to end at $5.95 for a loss of $1.05, Lasco Financial gained 25 cents to end at $3.20 with 433,175 shares changing hands, Lasco Manufacturing ended trading with 825,573 shares and gained 10 cents to close at $3.95.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , ,

JSE nervous in early trading – Thursday

February 25, 2016 by

The Jamaica Stock Exchange is off to an interesting start on general election day 2016, with losses far exceeding advances on Thursday, in the early morning session. JSE Int Cht 25-02-16After 75 minutes of the market opening, 28 securities have been active, accounting for 3,867,042 shares. A total of 14 stocks fell and only 6 rose.
The all Jamaica Composite Index lost -266.70 points to 174,862.83, the JSE Market Index fell 238.64 points to 157,402.83, the JSE combined index declined by 465.66 points to 166,920.32 and the junior market index dropped 26.64 points to 2,048.48.
Caribbean Cement gained $3 with 36,000 shares to be at $33, Jamaica Broilers Group traded 575,591 at $14.50, National Commercial Bank traded 1,181,244 shares at $40.70, Palace dropped $13 while 100 shares traded at $74, Honey Bun had 5,000 shares changing hands at a new high of $13.90 and Lasco Manufacturing down 21 cents to $3.61 with 779,866 units.

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Juniors slips sharply – Wednesday

February 24, 2016 by

CAC 2000 closed at new high of $7.36 on Wednesday.

CAC 2000 closed at new high of $7.36 on Wednesday.


The junior market ceded ground again on Wednesday although advancing and declining stocks were equal with 6 declining stocks and 6 advancing leading to fall of 2 percent in the index. The market lost 44.03 points to end at 2,075.12 with 13 securities trading, 2 of which ended at 52 weeks’ highs. The market ended with 2,918,009 units changing hands, valued at $20,407,860.
At the close, 1 security ended with no bid and 6 securities had no stocks being offered for sale. There were 8 stocks closing with bids that were higher than their last selling prices and 3 ended with lower offers.
In trading, Access Financial fell 50 cents while trading 764,000 units to close at $19.50, AMG Packaging dropped had 20,000 units changing hands, to end at $14, Blue Power traded 4,440 shares and fell 29 cents to end at $9.30, CAC 2000 had 12,500 shares changing hand, to close at a 52 weeks’ high of $7.36 after rising 34 cents. C2W Music traded 5,637 units at 43 cents, Caribbean Cream rose by 15 cents while trading 107,800 shares to close at $4.15, Caribbean Producers had 30,000 units changing hands, to close at $5.10, Dolphin Cove traded 500 shares at $15.61, General Accident traded 690,326 units at $2.40 with a gain of 20 cents. JM sum 24-2-16Honey Bun ended with 7,674 units changing hands at $13.78 after rising 8 cents, Knutsford Express gained $1.01 and ended at a 52 weeks’ high of $18.51 with 1,500 shares changing hands, Lasco Distributors closed with 193,650 units trading to end at $7 for a 6 cents loss. Lasco Financial declined by 15 cents to end at $2.95 with 279,491 shares changing hands, Lasco Manufacturing ended trading with 297,431 shares and fell 40 cents to close at $4.20, Medical Disposables traded 477,623 shares to close with a loss of 1 cent at $3.39, and Paramount trading closed with a 6 cents gain at $11.30 with 45,437shares trading.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , ,

JSE dips in early trading

February 24, 2016 by

The Jamaica Stock Exchange recorded losses on Wednesday, in the early morning session. JSE Int Cht 24-02-16After 30 minutes of trading the junior market index is down 2.5 percent, well off from Tuesday’s gain of 1 percent, in early trading.
A total of 5 stocks fell and 6 rose as 18 securities have been active with just 500,267 units changing hands. The all Jamaica Composite Index lost 665.05 points to 176,288.59, the JSE Market Index fell 595.09 points to 158,678.61, the JSE combined index fell 1,043.12 points to 168,279.75 and the junior market index dropped 53.35 points to 2,065.80.
The greatest movers so far are Cable & Wireless with a 10 cents gain, Caribbean Cement down $2.98, Sagicor Real Estate Fund down 30 cents and Lasco Manufacturing down 30 cents to $3.70.

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Juniors suffer big early drop

February 22, 2016 by

for the second consecutive trading day the juniors stocks got hit hard in early trading on the Jamaica Stock Exchange with the index falling 3 percent, almost the same as on Friday. Trading was moderate after 75 minutes of trading with less than 50 percent of the listed securities being active.
JSE Int Cht 22-02-16A total of 11 stocks fell and 7 rose as 25 securities have been active with just 3,115,541 units changing hands.
Jamaican Teas fell 38 cents to $6.75 with 2,030,000 as a director sold 2 million units, for cash flow purposes. Lasco Manufacturing traded 87,494 units but fell 20 cents to $4 and helped in a major way to sink the market index but that would have been partially offset by Lasco Distributors with a gain of 13 cents to $7.43 and Caribbean Producers drop of 49 cents to $5 would have also been a big contributor to the fall of the index as well.
The all Jamaica Composite Index gained 83.07 points to 174,928.23, the JSE Market Index rose 74.32 points to 157,461.34, the JSE combined index fell 494.37 points to 167,623.10 and the junior market index dropped 62.47 points to 2,120.16. On Friday the junior index was down 64.27 in early trading to 2,176.36 points.

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Junior stocks in sharp downturn – Friday

February 19, 2016 by

Access Financial traded at a new high of $20

Access Financial traded at a new high of $20

The junior market faltered again on Friday with 11 declining stocks and 4 advancing leading to a big 2.59 percent fall in the index of 58.00 points to end at 2,182.63 with 18 securities trading 2 of which ended at 52 weeks’ highs. The market ended with 1,035,881 units changing hands, valued at $5,711,682.98.
At the close, 1 security ended with no bid to buy and 7 securities had no stocks being offered for sale. There were 6 stocks closing with bids that were higher than their last selling prices and 3 ended with lower offers.
In trading, Access Financial traded 12,600 units to gain $3.20 and end at a 52 weeks’ high of $20, AMG Packaging dropped $1.50 while 52,672 units changed hands, to end at $14, Blue Power traded 10,498 shares and fell $1.50 to end at $9.50, CAC 2000 had 4,000 shares changing hand, to close at $7.02 after shedding 33 cents. Cargo Handlers traded 2,289 units at $40.30, Caribbean Cream rose by 35 cents while trading 70,000 shares to close at $4.50. Caribbean Producers lost 1 cent with 35,300 units changing hands, to close at $5.49, Consolidated Bakeries traded 220,000 units to close with a fall of 9 cents at $1.70, Derrimon Trading ended with only 125 shares changing hands and closed at a $4.90 after slipping by 10 cent. JM sum 19-2-16Dolphin Cove traded 7,500 shares at $15.61, General Accident traded 32,302 units at $2 to lose 12 cents, Honey Bun ended with 24,947 units changing hands to end at $13.50. Jamaican Teas had 65,554 shares trading with a loss of 67 cents to close at $7.13, KLE Group gained 30 cents and ended at a 52 weeks’ high of $2.80 with 60,764 shares changing hands, Lasco Distributors closed with 198,317 units trading to end at $7.30 for a 20 cents loss. Lasco Financial declined by 10 cents to end at $3.40 with 107,725 shares changing hands, Lasco Manufacturing ended trading with 107,788 shares and fell 40 cents to close at $4.20 and tTech closed with a 15 cents gain at $5 with 22,000 shares trading.

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Falling junior stocks down on Thursday

February 18, 2016 by

AMG drops $2.50 on Thursday

AMG drops $2.50 on Thursday

The junior market faltered again on Thursday with 6 declining stocks and 3 advancing leading to a fall in the index 12.27 points to end at 2,240.63 with 17 securities trading. The market ended with 506,784 units changing hands, valued at $2,772,838.
At the close, 2 securities ended with no bid to buy and 7 securities had no stocks being offered for sale. There were 6 stocks closing with bids that were higher than their last selling prices and 1 ended with a lower offer.
The bid on Access Financial is $18.20 to buy 12,600 units versus the last trade at $16.80 and the lowest offer is at $23.49 to sell 15,150 units.
In trading, AMG Packaging dropped $2.50 while 7,373 units changed hands to end at $15.50, CAC 2000 had 30,760 shares changing hand, to close at $7.35, Caribbean Cream fell 6 cents while trading 61,890 shares to close at $4.15. Caribbean Flavours ended with 11,285 units changing hands with a gain of 10 cents to end at $8.60, Caribbean Producers lost 35 cents with 350 units changing hands, to close at $5.50, Consolidated Bakeries traded 57,380 units to close with a rise of 1 cent at $1.79, Derrimon Trading ended with 3,800 shares changing hands and closed at a $5. General Accident traded 4,198 units at $2.12 to gain 2 cents, Honey Bun lost 10 cents as 24,270 units changed hands to end at $13.50. JM sum 18-2-16Jamaican Teas had 4,688 shares trading to close at $7.80, KLE Group ended at $2.50 with 134,981 shares changing hands, Lasco Distributors closed with 73,795 units trading to end at $7.50 for a 29 cents loss. Lasco Financial declined by 2 cents to end at $3.50 with 23,307 shares changing hands, Lasco Manufacturing ended trading with 31,622 shares and fell 10 cents to close at $4.60. Medical Disposables traded 4,767 shares to close at $3.51, Paramount trading ended with 5,000 units changing hands at $11.30 and tTech closed at $4.85 with 8,996 shares trading.

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