The JSE junior market fell on Monday with 4 stocks declining and none advancing 8 securities traded resulting in 1,007,936 units valued at $3,170,193 changing hands. The market gained 2.39 points to close at 1,030.77.
The market ended with 5 securities closing with no bids to buy, while 5 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and only 1 with the offer being lower.
Stocks trading are, Access Financial Services traded 280 shares to close at $19, Cargo Handlers ended with 250 shares changing hands at $31, Caribbean Cream traded 22,685 units to close at $1.82. General Accident Insurance traded 168,160 units with the price falling 14 
cents, to $1.60 as the company reported profits for the June of just $457,000, and $26.6 million for the first half of 2015, compared with $88 million and $187 million respectively. Lasco Distributors closed with 44,000 units trading, 5 cents lower at $1.95, Lasco Financial Services traded 49,000 units to close at $1.83 after slipping 7 cents, Lasco Manufacturing with 401,561 units changing hands, closed at $1.80 and Eppley cumulative redeemable preference shares 2019 ended with 322,000 units changing hands at $6.05, with a loss of 5 cents.
4 stocks fell on junior market
Junior market slips on Friday
The JSE junior market fell on Friday with 3 stocks rising and 3 declining including one stock that closed at a new all-time high at the close, 6 securities traded resulting in units valued at $3,010,668 changing hands. The market fell 8.76 points to close at 1,028.38.
The market ended with 5 securities closing with no bids to buy, while 8 had no stock being offered for sale and 3 stocks closed with bids higher than the last traded prices and only 1 with the offer being lower.
Stocks trading are, Caribbean Cream traded 27,315 units, to close at $1.82 as the price slipped 18 cents. Caribbean Flavours traded 5,000 units unchanged at $2.82, Lasco Distributors closed with 104,100 units trading, 20 cents higher at a new all-time high of $2. Lasco Financial Services traded 17,300 units to close at $1.90 after rising 10 cents, Lasco Manufacturing with 143,129 units changing hands, closed at $1.80 for the loss of 15 cents and Paramount Trading ended with 1,000 shares changing hands, with a gain of 25 cents, to end at $6.
Juniors make moderate gain
Honey Bun closed at a 52 weeks’ high of $3.40
The market ended with 5 securities closing with no bids to buy, while 6 had no stock being offered for sale and 4 stocks closed with bids higher than the last traded prices and only 3 with the offer being lower.
Stocks trading are, Access Financial Services traded 100 shares to close at $19 with a gain of 88 cents, AMG Packaging closed at $3.65 with 2,114 units changing hands, Blue Power closed with 1,000 units changing hands and lost $1.22 to close at $12.28. Caribbean Cream traded 63,793 units, to close at $2. Caribbean Producers traded 13,489 units for a 10 cents
gain at $2.70, Derrimon Trading ended with 11,746 shares changing hands, lost 25 cents to $2.20, Honey Bun with 4.450 shares changing hands, closed with a gain of 40 cents at $3.40, for a 52 weeks’ high. Jamaican Teas had 1,000 shares trading, to close at $3.53, the stock closed with an offer to sell at $3.50, Lasco Distributors closed with 1,229,090 units trading, 4 cents higher to $1.80, Lasco Financial Services traded 38,137 units to close at $1.80 after falling 10 cents and Lasco Manufacturing with 256,367 units changing hands, closed at $1.95 for the loss of 5 cents.
Juniors slip slightly
The JSE junior market fell on Wednesday although 5 stocks rose and 2 declined with 3 junior stocks closing at 52 weeks’ high. The market index fell 5.90 points to close at 1,034.69.
At the close, 9 securities traded, resulting in 2,064,713 units valued at $4,360,597 changing hands. The market ended with 5 securities closing with no bids to buy, while 7 had no stocks being offered for sale and 3 stocks closed with bids higher than the last traded prices and only 1 with the offer being lower.
In trading, AMG Packaging closed with a gain of 5 cents to $3.65 with 36,579 units changing hands, for a new 52 week’s high, Blue Power closed with 19,500 units changing hands and gained $1.22 to close at $13.50, for a new General Accident traded 223,081 shares to close at $1.74 for .
52 week’s high. Caribbean Cream traded 393,344 units, to close at $2. Derrimon Trading ended with 99,500 shares changing hands, with a gain of 30 cents at $2.45, for a 52 week’s high. Dolphin Cove traded with a gain of 45 cents to $13 with 5,000 shares, a loss of 4 cents, Lasco Distributors closed with 66,976 units trading 9 cents lower at $1.76, Lasco Financial Services traded 41,500 units to close at $1.90 after gaining 1 cent and Lasco Manufacturing with 1,179,233 units changing hands closed at $2.
Juniors just barely make new high
The JSE junior market rose to another all-time high on Tuesday with 2 stocks rising and 5 declining. The market gained a mere 0.01 point to close at a new closing high of 1,040.59.
At the close, 8 securities traded resulting in 769,557 units valued at $1,587,037 changing hands. The market ended with 5 securities closing with no bids to buy, while 6 had no stock being offered for sale and 3 stocks closed with bids higher than the last traded prices and only 1 with the offer being lower.
Stocks trading are, Access Financial closed with a loss of 88 cents at $18.12 with 2,700 units changing hands, Cargo Handlers ended with 250 shares changing hands at $31, Caribbean Cream traded 345,244 units, gained 20 cents to close at $2. Derrimon Trading ended with 60,500 shares changing hands, with a loss of 20 cents to end at $2.15, General Accident trade 1,000 shares to close at $1.78 for a loss of 8 cents, Lasco Financial Services traded 30,000 units to close at $1.89 after falling 9 cents. Lasco Manufacturing with 251,363 units changing hands closed at $2, for a fall of 10 cents and Medical Disposables closed with 78,500 units trading 10 cents higher at $2.25.
Juniors just make another high
Lasco Distributors” hot new “I Cool” drink. The stock closed at an all time high on Monday.
At the close, 6 securities traded resulting in 1,619,393 units valued at $3,244,958 changing hands. The market ended with 6 securities closing with no bids to buy, while 7 had no stocks being offered for sale and had 4 stocks with bids higher than the last traded prices and only 2 with the offers being lower. Stocks trading are, Blue Power
closed with a loss of 72 cents at $12.28 with 1,758 units changing hands, Caribbean Cream traded 101,408 units but lost 15 cents to close at $1.80. Lasco Distributors traded 56,045 shares to close at $1.85 for a gain of 9 cents for a new 52 weeks’ high, Lasco Financial Services traded 172,500 units to close at $1.98 after gaining 8 cents. Lasco Manufacturing with 1,285,181 units changing hands, closed at $2.10 and Eppley 2019 preference share traded 2,000 units at $6.10 up 10 cents to a new 52 weeks’ high.
Juniors market at a another high
Lasco Manufacturing new “I Cool” drinks – the stock closed at an all time high on Friday at $2.10.
gain at $2.60, Derrimon Trading ended with 19,007 shares changing hands, with a gain of 10 cents to end at $2.35. Lasco Distributors traded 65,500 shares to close at $1.76, Lasco Financial Services traded 1,845,506 units to close at $1.90 after shedding 10 cents. Lasco Manufacturing with just 679,674 units changing hands, gained 39 cents to close at $2.10, for a new 52 week’s high and Derrimon Trading ended with 75,549 shares changing hands to end at $2.40.
All JSE Index up 1,611 to 111,366 points
Gleaner Company traded at $1.53 at the opening with 28,300 units and now has a bid to buy 170,000 units at $1.50 and an offer to sell 99,000 at $1.88, the maximum price the stock can trade at is $1.69 today.
The big trade is 793,675 units in Scotia Group, with the price rising $2 to $26, with Scotia Investments being the aggressive broker on the buy side. The stock was on offer at $26 with the bid at $23.66. Lasco Financial Services traded 1,350,000 units at 1.98.
In the process the All Jamaica Index trades at 111,366.23 up 1,611.70 points JSE Market Index fell 1,441.92 points to 100,585.24. The combined index gained 1,359.38 to be at 104,001.49 and the junior market index with only one stock trading was unchanged but with Lasco Manufacturing having a bid of $1.85 to but 8,500 units and an offer to sell at $2 the index could see changes soon.
Four stocks have declined at 10.30 am versus only two that rose out of just six that have traded, carrying a volume of 2,226,126 units.
Juniors up 47% for 2015
Lasco Manufacturing’s bottling line. Lasco’s stock had a bid at $2, well ahead of the last price of $1.71.
At the close, Access Financial had little supply with the offer to sell 5,134 shares at $25.50 against a last sale price of $19, while Blue Power has only 2,000 shares on offer at $13.05. Lasco Manufacturing has a bid at $2 to buy 12,147 units, well ahead of the last price of $1.71, but the offer is for only 10,000 units at $2.50.
One technical indicator shows potential resistance around the present level, with 8 junior market stocks having bids above the last traded prices particularly that of Lasco Manufacturing with a large capital base and only 2 with lower offers, the market should clear the resistance level decisively, with the junior market heading to 1,200 points before a major resistance develops again.
In actual trading on Wednesday, only 5 securities changed hands with 2 rising and 1 declining resulting in 172,196 units valued at $540,274.
At the close, the junior market had 5 securities closed with no bids to buy, while 8 had no stocks being offered for sale.
Stocks trading are, Access Financial closed at $19 but with 4,234 units changing hands, the company had previously released results for the six months to June showing a 71 percent gain in the quarter resulting in profit of $112.5 million versus $65.6 million and for the six months $252 million, compared with $145 million previously. Lasco Distributors traded 1,400 shares to close at $1.76, with a loss of 4 cents, Lasco Financial Services traded 121,700 units to close at $2. Lasco Manufacturing with just 10,313 units changing hands, gained 7 cents to close at $1.71, for a new 52 week’s high and Paramount Trading ended with 34,549 shares changing hands with a gain of 25 cents to end at $5.75.
First time above 1,000 for juniors.
The JSE junior market gained 25.57 points on Tuesday to close at over 1,000 points for the first time ever in another record breaker move. The index closed at 1002.75 points as profits and shortage of stocks being sold continue the impact price movements. Today’s gains bring the increase in index over 46 percent since the start of this year. Technical indicator shows resistance around the present level, if that is cleared decisively, which seems likely, then the junior market should be heading to 1,200 points before a major resistance develops.
In actual trading on Tuesday, 10 securities changed hands with 6 rising and 2 declining
Access Financial Q2 profit up 71%
Stocks trading are, Access Financial gained 50 cents to close at a new all-time high of $19 but with just 100 units, the company released results for the six months to June, with a 71 percent gain in the quarter, resulting in profit of $112.5 million versus $65.6 million and for the six months $252 million compared with $145 million. Today’s price, places the valuation of the stock around 10 times earnings. AMG Packaging with 16,596 units changing hands, ended unchanged at $3.60, Blue Power traded 164,139 units with the
price rising 75 cents to $13, Caribbean Cream traded 48,500 shares at $2.10, after gaining 5 cents. Caribbean Producers dropped 46 cents, with 201,480 shares and closed at $2.59, Derrimon Trading had 10,000 shares changing hands, for a gain of 19 cents, to end at $2.25, Dolphin Cove jumped $3.35 to $12 while only 2,000 units traded. Honey Bun with 12,900 shares changing hands, closed 10 cents lower at $3, Lasco Distributors traded 14,500 shares to close at $1.80, Lasco Financial Services traded 935,900 units and gained 25 cents to close at $2.