Record highs for junior stocks

June 11, 2015 by

Lasco Financial closed at a new all-time high of $2.06.

Lasco Financial closed at a new all-time high of $2.06.

Trading picked up on the Junior Market with 7 securities trading, and ended with 874,808 units changing hands valued at $2,003,620. The JSE Junior Market Index lost 1.92 points to close at 932.77, with the prices of 3 stocks advancing, 2 declining, 3 closing at 52 weeks’ high and one at a low. Paramount Trading hit a new high of $6.10 during trading but closed back at Wednesday’s last traded price of $5.50.
At the close of the market, there was 1 stock with the bid higher than the last selling price and 3 with lower offers. The junior market ended with 4 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Cream traded with 100,000 units changing hands, 10 cents higher, at $1.75 for a new all-time high. KLE Group with 15,000 shares trading closed 5 cents lower at new low of 70 cents, JM 11-6-15Lasco Distributors with 131,195 shares trading, lost 5 cents in closing at $1.05, Lasco Financial Services finished trading with 350,600 units, closed with a gain of 8 cents to new a new 52 weeks’ high of $2.06, making it the first of the three Lasco companies to break the $2 barrier although it was the last of the three to really shot up. Lasco Manufacturing end with 73,470 shares trading at $1.50, Medical Disposables traded 95,000 shares to end at a new 52 weeks’ high of $2.10 after adding 10 cents and Paramount Trading ended trading with 109,543 shares to end at $5.50, after trading as high as $6.10. At the close, Access Financial seems set to fall with an offer at $15.54 to sell 15,000 units well below the last traded price of $16.75.

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

4 new highs for junior market

June 10, 2015 by

Paramount is one of fours stocks to close at 52 weeks' high. The stock closed at $5.50 on Wednesday for an all-time high.

Paramount is one of fours stocks to close at 52 weeks’ high. The stock closed at $5.50 on Wednesday for an all-time high.

Trading picked up on the Junior Market with 9 securities trading, and ended with 940,177 units changing hands valued at $2,275,177. The JSE Junior Market Index gained 7.97 points to close at 934.69, with the price of 6 stocks advancing, none declining and 4 closing at 52 weeks’ high, Honey Bun traded at 52 weeks intraday high of $2.96.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and 5 with lower offers. The junior market ended with 4 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Cream traded at a 52 weeks’ high with 10,000 units, 10 cents higher, at $1.65. Caribbean Producers with 330,543 shares trading closed at $3, Dolphin Cove with 2,092 shares changing hands to close higher by 25 cents at a new high of $11.25, Honey bun finishing trading with 83,634 shares to close unchanged at $2.95. JM 10-6-15Jamaican Teas closed with 4,041 shares trading 4 cents higher at $3.54, Lasco Distributors with 21,867 shares trading, unchanged at $1.65, Lasco Financial Services finished trading with 352,000 units, to close with a gain of 3 cents to new a new 52 weeks’ high of $1.98. Lasco Manufacturing end up with 124,000 shares trading 5 cents higher at $1.50 and Paramount Trading ended trading with 12,000 shares to end with an increase of 70 cents to an all-time high of $5.50. At the close Access Financial seems set to fall with an offer at $15.84 to sell 5,951 units well below the last traded price of $16.75.

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

Junior market closes at new high

June 9, 2015 by

Dolphin Cove was one of 6 stocks ending at 52 weeks' high

Dolphin Cove was one of 6 stocks ending at 52 weeks’ high

Trading on the Junior Market resulted in the market hitting a new all-time high, with 6 stocks closing at 52 weeks’ high out of 12 securities trading, culminating in 1,069,919 units changing hands valued at $1,990,730. The JSE Junior Market Index gained 14.46 points to close at 926.72, a new record high, with the price of 6 stocks advancing and 1 declining.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and 3 with lower offers. The junior market ended with 5 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market include, Access Financial with just 100 shares changing hands, to close lower by 25 cents at $16.75, Cargo Handlers finishing with 500 units to close with a gain of 51 cents, to a new all-time high of $23.51. Caribbean Cream with 435,000 shares trading at an all-time high of $1.55, gained 20 cents, Dolphin Cove finished trading with 1,000 shares to closed at an all-time high of $11, to gain 75 cents, Honey Bun concluded trading with 20,000 shares changing hands to close 25 cents higher at a 52 weeks’ high of $2.95.JM 9-6-15 Lasco Distributors traded 23,150 shares at $1.65, Lasco Financial Services finished trading with 495,970 units, with the price rising 4 cents to $1.95. Lasco Manufacturing traded 79,899 shares at $1.45, Paramount Trading ended with just 1,000 shares changing hands with an increase of 54 cents to $4.80, a new all-time high. The stock closed with a bid to buy 49,500 units at $5 and Eppley 9.5% preference share closed trading with 4,000 units and put on just 1 cent to $6.01 to new high, with a 1 cent gain.

Filed Under: Breaking News, Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , ,

Juniors slightly down on Friday

June 5, 2015 by

Lasco Financial closed at a new high of $1.91 on Friday

Lasco Financial closed at a new high of $1.91 on Friday

Activity on the Junior market of the Jamaica Stock Exchange, closed with 7 securities trading, and ended with 918,052 units changing hands valued at $2,698,093. The JSE Junior Market Index slipped 0.12 points to close at 912.54, with the price of 4 stocks rising, 2 declining and 2 closing at 52 weeks’ high.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and only 1 with a lower offer. The junior market ended with 2 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Cargo Handlers finishing with 34,202 units, to close 52 cents higher at a 52 weeks’ high of $23,JM 5-6-15 Caribbean Cream with 25,000 shares trading at $1.35. Caribbean Producers with 206,000 shares trading higher by 12 cents to $3, Derrimon Trading finished trading with 281,900 shares, 5 cents lower at $2.10, Lasco Distributors traded 118,850 shares, 6 cents lower to $1.65, Lasco Financial Services finished trading with 252,000 units, the price gained 5 cents, to close at a new all-time high of $1.91 and just 100 Lasco Manufacturing’s shares changed hands, 5 cents higher to $1.43.

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

Carib Producers tops trading

June 4, 2015 by

CaribbeanProducers(CPJ)600X250 Trading picked up on the Junior Market with 7 securities trading, and ended with 8,635,658 units changing hands valued at $25,070,304 as Caribbean Producers accounts for the majority of the volume and value of trades. The JSE Junior Market Index gained 11.91 points to end at a new closing high of 912.66, with the price of 2 stocks advancing, 1 declining and 1 closing at 52 weeks’ high.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 2 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 8 securities that had no stocks being offered for sale.
JM 4-6-15 chtStocks trading in the junior market are, Caribbean Producers traded 7,617,000 units to close at $2.88, after it traded earlier in the trading session at $3. General Accident Insurance concluded trading with just 5,822 shares changing hands to end at $2, Jamaican Teas ended with 150,000 shares trading unchanged at $3.50, Lasco Distributors traded 322,540 shares at $1.70, Lasco Financial Services finished trading with 216,350 units, 5 cents at an all-time high of $1.86. There was dealing in 69,846 Lasco Manufacturing’s shares as the stock traded lower by 2 cents to $1.38 and Derrimon Trading 9.5% preference share closed trading with 254,100 units at $2.50.

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

All-time high of 900 for Junior Market

June 3, 2015 by

Lasco Financial Services stock closed at a new high of $1.81 on Thursday.

Lasco Financial Services stock closed at a new high of $1.81 on Thursday.

Trading picked up on the Junior market with 11 securities trading and ended with 1,082,691 units changing hands valued at $ 4,067,238. The JSE Junior Market Index gained 12.28 points to close at an all-time high of 900.75, with the price of 7 stocks advancing and 1 declining and 4 closing at 52 weeks’ high.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 2 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
In trading ended with three stocks closing at 52 weeks’ highs while, Access Financial traded just 350 units at $17 but the offer closed at $16.98. Cargo Handlers finished trading with 102,900 units, to close with a gain of 19 cents at a new all-time high of $22.48, the stock closed with a bid at $23 to purchase 100,000 units, Caribbean Cream ended with 237,955 units trading at a new 52 weeks’ high of $2.35. Caribbean Flavours ending with 155,333 shares at $2.08 to gain 8 cents, Caribbean Producers with only 9,671 shares trading lower by 2 cents to $2.78, General JM 03-6-15Accident Insurance concluded trading with 24,200 shares changing hands to close at $2, Lasco Distributors traded 73,366 shares, 4 cents higher at $1.70, Lasco Financial Services finished trading with 277,000 units, the price rose 16 cents to $1.81, for a new all-time high. There was dealing in 43,000 Lasco Manufacturing’s shares as the stock closed unchanged at $1.40, Medical Disposables contributed 143,000 shares with the price rising 5 cents, to $2, Paramount Trading ended with 15,916 shares to increase of 2 cents to $3.97.

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

16 junior stocks traded 9 up 2 down

June 2, 2015 by

Caribbean Cream traded over 700,000 shares and closed at a new all time high on Tuesday

Caribbean Cream traded over 700,000 shares and closed at a new all time high on Tuesday

Trading on the Junior Market was one of the busiest for sometime with 16 securities trading resulting in 1,938,775 units changing hands valued at $1,312,464. The JSE Junior Market Index gained 17.19 points to close at 888.47, with the price of 9 stocks advancing, 2 declining and Caribbean Cream, Cargo Handlers and Derrimon Trading preference stock closing at new a 52 weeks’ high, Lasco Financial traded at an intra-day high.
At the close, there were 5 stocks with bids higher than their last selling prices and none with lower offers. The junior market ended with 3 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial trading 500 shares to close at $17, AMG Packaging ending with 800 shares changing hands to close higher by 1 cent at $3.20, Blue Power closed with 6,350 shares trading at $9.50, Cargo Handlers finishing with 205,972 units, closed at a new high of $22.29, after gaining a cent. Caribbean Cream traded 703,034 units to end at $1.25 to gain 10 cents, Caribbean Flavours closed trading with 8,581 shares but lost 5 cents to end at $2, Caribbean Producers with 59,329 shares traded unchanged at $2.80, General Accident Insurance concluded trading with 30,000 shares changing hands to close 10 cents Higher at $2. Honey Bun traded 11,973 units at $2.69 after adding 7 cents. JM 2-6-15Jamaican Teas had 10,000 shares changing hands at $3.50, Lasco Distributors traded 62,000 to close 6 cents higher at $1.66, Lasco Financial Services finished trading with 622,000 units, between $1.60 and $1.71 but the price lost 2 cents to $1.65. There was dealing in 201,993 shares of Lasco Manufacturing, the stock closed with an 11 cents rise to $1.40, Paramount Trading ended with just 2,543 units changing hands to gain 15 cents to $3.95, Derrimon Trading 11.75% preference share saw trading in just 900 units with a 25 cents gain to $2.50 and Eppley 9.5% preference share had 12,800 units trading at $6.01.

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

2 junior stocks rose & 2 fell

June 1, 2015 by

Trading on the Junior Market ended with 7 securities trading and 935,632 units changing hands valued at $1,312,464. The JSE Junior Market Index declined 0.65 points to close at 871.28, with the price of 2 stocks advancing, 2 declining and Lasco Financial Services closing at new a 52 weeks’ high.
JM 1-6-15At the close, there were 5 stocks with bids higher than their last selling prices and none with lower offers. The junior market ended with 3 securities closing with no bids to buy and 10 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Cargo Handlers finishing with only 594 units to close at $22.28, Caribbean Flavours closed trading with 1,667 shares and gained 5 cents to end at $2.05, Caribbean Producers with 43,000 shares trading closed unchanged at $2.80, General Accident Insurance concluded trading with 365,459 shares changing hands to close 12 cents lower at $1.90 but traded as low as $1.70 during the day. KLE Group traded 449,167 units at 75 cents after losing 9 cents, Lasco Financial Services finished trading with 43,000 units, the price gained 1 cent to $1.67. There was dealing in 32,745 Lasco Manufacturing’s shares as the stock traded unchanged at $1.29.

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

Juniors trade 8.66 million shares

May 29, 2015 by

Caribbean Cream traded 5.3 million shares with the audited accounts showing profit rising 62%.

Caribbean Cream traded 5.3 million shares with the audited accounts showing profit rising 62%.

Caribbean Cream was the dominant trade on Thursday on the Junior Market with 5.3 million units as investors responded positively to the company’s audited results showing a 62 percent increase in profit versus 40 percent shown in the preliminary interim report that was released previously. Also trading in large volume was Caribbean Producers with 2.7 million shares.
Trading ended with 9 securities being active and cumulating in 8,660,524 units changing hands valued at $14,662,200. The JSE Junior Market Index gained 1.53 points to close at 871.93, with the price of 5 stocks advancing and only 1 declining and 1 closing at 52 weeks’ high.
At the close of the market, there were 8 stocks with bids higher than their last selling prices and none with a lower offer. The junior market ended with 3 securities closing with no bids to buy and 10 securities that had no stocks being offered for sale.
Caribbean Producers with 2,723,803 shares trading, ended lower by 10 cents to $2.80, JM 29-5-15In trading, Caribbean Cream closed with 5,300,365 units trading, the price rose by 5 cents to $1.15. Blue Power closed with 19,573 shares trading unchanged at $9.50, Cargo Handlers finished with 1,000 units to close at $22.28, Dolphin Cove finished trading with 4,333 shares at $10.25 with a gain of 25 cents. Jamaican Teas had activity in 15,000 shares and closed unchanged at $3.50, KLE Group traded 135,446 shares for 9 cents higher, at 84 cents, Lasco Financial Services traded 250,000 units at a new closing all-time high of $1.66, after adding 9 cents and Lasco Manufacturing ended trading with 211,004 units, the price rose 4 cents to close at $1.29.

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

Lasco Financial at new high

May 28, 2015 by

Mayberry buys more Lasco Financial shares on Thursday as the stock traded at an all-time high of $1.68.

Mayberry buys more Lasco Financial shares on Thursday as the stock traded at an all-time high of $1.68.

Lasco Financial Services traded at a new all- time high of $1.68 during the trading session on Thursday. Fairly heavy trading in the stock within minutes of the close, saw 1,483,076 units changing hands and the price slipping to $1.57 for a new closing high, two days after Mayberry bough 20 percent of the company and after the company reported profits of $190 million or 15.5 cents per share for the year to March. Mayberry bought additional shares for their own account by way of crosses towards the end of trading, leaving no stock on offer at the close.
Trading ended on the Junior Market with 9 securities changing hands, and ended with a total of 1,913,100 units valued at $2,968,161. The JSE Junior Market Index gained 1.68 points to close at 870.40, with the price of 3 stocks advancing and 3 declining and 1 closing at 52 weeks’ high.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and none with lower offers. The junior market ended with 3 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
The other stocks trading in the junior market are, Caribbean Cream with 200,000 shares changing hands to close unchanged at $1.10, JM cht 28-5-15Caribbean Flavours & Fragrances finished trading with 3,000 shares to close unchanged at $2, Caribbean Producers with 1,000 shares trading, ended lower by 9 cents at $2.90, General Accident Insurance traded just 100 units at $2.02 and lost 2 cents. Jamaican Teas traded with 25,000 shares changing hands to close 10 cents higher at $3.50, with results released for the company, the supply that was overhanging the market has disappear with only offers between $4 and $5.50 for a total of 50,000 shares in the market. Lasco Distributors traded 44,266 shares, unchanged at $1.60, Lasco Manufacturing traded 148,658 shares as the stock traded lower by 2 cent to $1.25 and Medical Disposables had 8,000 units changing hands at $1.95.

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