Juniors eke small gain on Wednesday

February 3, 2016 by

Access closed with the bid at $17.50 compared with the last traded price of $16.80

Access closed with the bid at $17.50 compared with the last traded price of $16.80

The junior market made small gains at the closed on Wednesday with 18 securities trading, 7 of which advanced, 4 declined. The market ended with index rising 9.50 points to end at 2,227.14 as 3 stocks closed at a new 52 weeks’ highs and with a few interesting bids, included are Access at $17.50 to buy 33,700 and Cargo Handlers at $40 to buy a small amount.
The volume of 1,700,082 units changed hands, valued at $8,831,236. At the close, 1 security ended with no bid to buy and 8 securities had no stocks being offered for sale but 6 stocks closed with bids that were higher than their last selling prices and none ended with a lower offer.
In trading, AMG Packaging gained $1 with just 19,136 units changing hands at a new 52 weeks high of $16.50, Caribbean Cream ended with a loss of 35 cents as the stock remains under selling pressure, as 52,489 shares changed hands to close at $4.30. Caribbean Flavours traded 600 units to end at $8.50, Caribbean Producers traded 696,572 units but fell 39 cents to close at $5.50, Derrimon Trading closed at $4.50 with 2,000 units changing hands, Dolphin Cove closed with 9,847 units changing hands at $15.72. General Accident gained 8 cents while trading 110,204 shares to close at $2.18, Honey Bun ended at a 52 weeks’ high of $9.30 with 2,000 units trading with a gain of 5 cents,JM sum 3-2-16 Jamaican Teas gained 40 cents with 95,000 shares trading, to close at a $5.50, KLE closed with 6,000 units changing hands at $2.75. Knutsford Express traded 1,900 shares at a 52 weeks’ high of $16.50, the stock price closed with a gain of $1.30, Lasco Distributors closed with 141,838 units trading and ended with a gain of 15 cents at $7.50, Lasco Financial rose 4 cents to close at $4.16 with 87,291 shares changing hands. Lasco Manufacturing ended trading with 434,275 shares to close at $5, Medical Disposables closed at $3.55 with 30,430 shares trading but lost 2 cents, Paramount Trading had just 1,000 units changing hands at $11.49 and tTech closed at $4.75 with 9,500 shares trading.

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Juniors market up 21% to Friday

January 29, 2016 by

Junior market stocks had big gains in January.

Junior market stocks had big gains in January.

The junior market closed on Friday with 18 securities trading, 5 of which advanced, 5 declined but the market index rose 27.11 points to end at 2,174.81 as the market gained a strong 21 percent for January. The market ended with 2 stocks closing at a new 52 weeks’ highs.
The volume of 1,176,492 units changed hands, valued at $6,265,417. At the close, 1 security ended with no bid to buy and 9 securities had no stocks being offered for sale. Trading could end with a strong gain at the close on Friday with a total of 9 stocks closing with bids higher than their last traded prices while none closed with a lower offer.
In trading, Access Financial Services closed at $16.80 with 9,500 units changing hands, AMG Packaging jumped $1 to close at a 52 weeks’ high of $15 with 5,514 units changing hands, Blue Power closed with only 385 units changing hands at $11, C2W Music closed with 9,935 units changing hands to close at 49 cents. Caribbean Cream ended with a loss of 15 cents as 25,562 shares changed hands to close at $4.65, Caribbean Flavours traded 43,830 units to end with a loss of 5 cents at $8.95, Caribbean Producers traded 11,000 units to gain 50 cents and closed at $5.50, Consolidated Bakeries traded 21,500 shares at $1.30. Dolphin Cove traded 5,560 units but fell 31 cents to close at $15.69, ICI -JM 29-01-16General Accident rose 8 cents while trading 47,541 shares to close at $2.15, Honey Bun ended at a 52 weeks’ high of $9 with 28,500 units trading with a gain of 30 cents. Jamaican Teas fell 10 cents with 61,245 shares trading to close at a $4.90, KLE closed with 21,800 units changing hands at $2.22, after losing 28 cents, Knutsford express ended with 700 shares changing hands at $15.20, Lasco Distributors closed with 214,200 units trading and ended at $7.20, Lasco Financial closed at $4 with 166,857 shares changing hands. Lasco Manufacturing ended trading 484,867 shares to close at $5 and tTech closed with a gain of 5 cents at $4.75 with 17,996 shares trading.

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Juniors down 5% as JSE retreats

January 28, 2016 by

The Jamaica Stock market retreated in the morning session on Thursday but the junior market fell sharply by more than 5 percent as Lasco Manufacturing was pulled back $1.10 to $3.90. Lasco Distributors traded 1,035,826 while dropping 60 cents to $7.20 which would have pulled down the index by a sizable amount while Caribbean Producers that traded 140,190 units slipped by 50 cents to $5.
JSE intra 28-01-16The juniors are not the only one to suffer a fall as the major fell close to 900 points and the combined market by more than 2,200 points. After 90 minutes of trading, the all Jamaica Composite Index fell 1,393.59 points to 178,641.56, the JSE Market Index dropped 1,247.00 points to 160,784.07, the JSE combined index dived 2,205.87 points to 170,851.08 and the junior market index fell 114.04 points to 2,130.64. In trading, 33 securities were active and accounted for 3,272,579 units changed hands with 14 stocks rising and 8 falling.
Scotia Group traded 7,160 units with the price falling by $1 to $31, Proven Investments ordinary shares climbed back from 20 us cents to 22.98 US cents in trading 645,989 units and Jamaica Broilers traded at with 153,671 shares but dropped $2.05 to end at $13.50. Mayberry Investments have put up 20 million Radio Jamaica shares for sale at $5 each.

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Juniors inched up on Wednesday

January 27, 2016 by
Honey Bun closed at a new 52 weeks' high on Wednesday

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

The junior market closed on Wednesday with 16 securities trading, 6 of which advanced, 4 declined. The market index gained 14.58 points to end at 2,244.68 and a total of 2 stocks closed at a new 52 weeks’ highs and 1 at an intraday high.
The volume of 920,944 units changed hands, valued at $5,787,289. At the close, 1 security ended with no bid to buy and 7 securities had no stocks being offered for sale. A total of 5 stocks closed with bids higher than their last traded prices while none closed with a lower offer.
In trading, Access Financial Services gained 30 cents to close at $16.80 with 200 units changing hands, AMG Packaging fell by 10 cents to close at $2.90 with 1,434 units changing hands, Blue Power traded 7,267 shares at $11, Caribbean Cream ended with 17,800 shares changing hands with a rise of 15 cents, to close at $4.80. Caribbean Flavours traded 42,656 units to end at $9, Caribbean Producers traded 55,096 units to close at $5.50, Dolphin Cove closed with a rise of 25 cents to close at $16 with 14,200 shares changing hands, General Accident lost 25 cents while trading 84,631 shares to close at $2.05.ICI -JM 27-01-16 Honey Bun ended at a 52 weeks’ high of $8.50 with 3,400 units trading with a gain of 30 cents. Knutsford Express closed with 84,617 units changing hands at a 52 weeks’ high of $15.20, to record a 20 cents rise, Lasco Distributors closed with 92,771 units trading and ended at $7.80, Lasco Financial closed at $4 with 67,025 shares changing hands. Lasco Manufacturing ended trading 285,652 shares to close at $5, Medical Disposables rose 35 cents and closed at $3.50 with 57,034 shares trading, Paramount Trading lost 5 cents to end with 15,000 shares changing hands at $11.45 and tTech declined 28 cents to close at $4.70 with 92,161 shares trading.

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5 new all-time junior highs – Tuesday

January 26, 2016 by

JSE sign The junior market closed on Tuesday with 16 securities trading, 7 of which advanced, 6 declined. The market index gained 4.02 points to end at 2,230.10 and a total of 4 stocks closed at a new 52 weeks’ highs and 1 at an intraday high.
The volume of 1,117,460 units changed hands, valued at $5,238,103. At the close, 1 security ended with no bid to buy and 8 securities had no stocks being offered for sale. A total of 3 stocks closed with bids higher than their last traded prices while one closed with a lower offer.
In trading, AMG Packaging rose $1.50 to close at a 52 weeks’ high of $13 with 7,887 units changing hands, Caribbean Cream ended with 31,376 shares changing hands with a rise of 10 cents to close at $4.65, Caribbean Flavours traded 2,594 units to end at $9, Caribbean Producers traded 11,730 units to close at $5.50. Consolidated Bakeries loss 10 cents and closed at $1.30 with 108,098 units trading, Derrimon Trading closed with a rise of 1 cents to close at a 52 weeks’ high of $4.21 with 4,000 shares changing hands, General Accident lost 30 cents while trading 120,000 shares to close at $2.30. Honey Bun ended at a 52 weeks’ high of $8.20 with 23,681 units trading with a gain of 55 cents,ICI -JM 26-01-16 KLE Group ended at a $2.20 with 47,000 shares changing hands with a loss of 55 cents. Knutsford Express closed with 2,400 units changing hands at $15, but previously traded at an intraday 52 weeks’ high of $15.10, Lasco Distributors closed with 177,836 units trading and ended with a loss of 2 cents at $7.80, Lasco Financial fell 14 cents to close at $4 with 291,225 shares changing hands. Lasco Manufacturing rose 16 cents in trading 155,178 shares to close at $5, Medical Disposables fell 40 cents and closed at $3.15 with 8,250 shares trading, Paramount Trading rose by $1 to end with 33,100 shares changing hands at a 52 weeks’ high of $11.50 and tTech rose 8 cents to close at $4.98 with 93,105 shares trading.

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Juniors slip again on Thursday

January 21, 2016 by

Honey Bun closed at a 52 weeks' high of $7.65.

Honey Bun closed at a 52 weeks’ high of $7.65.

The junior market closed on Thursday with 16 securities trading, 6 of which advanced, 6 declined with the market index falling by 6.44 points to end at 2,239.88. A total of 2 stocks closed at a new 52 weeks’ highs.
The volume of 1,498,422 units changed hands, valued at $9,013,294 with indicators showing potential for a resumption of upward price movements with the supply of stocks being reduced as indicated by the increased number of stocks without offers. At the close, 1 security ended with no bid to buy and 8 securities had no stocks being offered for sale. A total of 6 stocks closed with bids higher than their last traded prices while none closed with a lower offer.
In trading, Blue Power ended at $11 with 6,433 shares trading, C2W Music ended at 49 cents while 48,850 units changed hands, Cargo Handlers closed with a loss of 1 cent at $11 with 2,280 units changing hands, Caribbean Cream ended with 35,000 shares changing hands with a loss of 5 cents to close at $4.75. Caribbean Flavours traded 352,178 units to close with a rise of 10 cents to end at $9, Consolidated Bakeries closed at $1.40 with 69,807 units trading, Derrimon Trading closed at $4.10 after losing 5 cents with 50,000 shares trading, Dolphin Cove traded 20,000 shares with a gain of 8 cents to close at $15.68. General Accident lost 20 cents while trading 2,100 shares to close at $2.10, ICI -JM 21-01-16Honey Bun rose 24 cents in closing at a 52 weeks’ high of $7.65 as 32,000 shares changed hands, KLE Group ended at new 52 weeks’ high of $2.20 with 34,000 shares changing hands with a gain of 10 cents. Lasco Distributors closed with 150,700 units trading and ended with a loss of 13 cents at $7.87, Lasco Financial closed at $4.15 with 278,988 shares changing hands after gaining 15 cents. Lasco Manufacturing lost 1 cent in trading 358,622 shares to close at $4.99, Paramount Trading gained 2 cents to close at $10.55 with 29,500 shares trading and tTech closed at $4.70 with 27,964 units changing hands.

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Juniors retreat slightly on Wednesday

January 20, 2016 by

AMG Packaging closed at a new high of $12 on Wednesday.

AMG Packaging closed at a new high of $12 on Wednesday.

The junior market closed on Wednesday with 16 securities trading, 5 of which advanced, 5 declined with the market index falling by 2.75 points to end at 2,246.32. A total of 2 stocks closed at a new 52 weeks’ highs.
The volume of 1,738,498 units changed hands, valued at $9,189,436 with indicators showing potential for a resumption of upward price movements with the supply of stocks being reduced as indicated by the increased number of stocks without offers. At the close, 1 security ended with no bid to buy and 8 securities had no stocks being offered for sale. A total of 6 stocks closed with bids higher than their last traded prices while 1 closed with a lower offer.
In trading, Access Financial Services closed with a gain of 40 cents at $17, with 2,136 units changing hands, AMG Packaging price rose 60 cents to a new high of $12 with 27,421 shares changing hands, Blue Power lost $2 to end at $11 with only 600 shares trading, C2W Music ended at 49 cents while 10,000 units changed hands. Caribbean Cream ended with 82,361 shares changing hands with a loss of 14 cents to close at $4.80, Caribbean Producers had 721,902 units changing hands and gained 15 cents to close at $5.65, ICI -JM 20-01-16Consolidated Bakeries closed at $1.40 with 6,300 units trading, General Accident rose 11 cents while trading 28,821 shares to close at $2.30. Honey Bun lost 19 cents in closing at $7.41 as 63,979 shares changed hands, KLE Group ended at new 52 weeks’ high of $2.10 with 52,926 shares changing hands with a gain of 10 cents. Lasco Distributors closed with 117,645 units trading and ended unchanged at $8, Lasco Financial closed at $4 with 184,400 shares changing hands. Lasco Manufacturing traded 300,316 shares and closed at $5, Medical Disposables had 870 shares changing hands to close at $3.55, Paramount Trading lost 2 cents to close at $10.53, with 9,000 shares trading and tTech closed with a loss of 20 cents at $4.70 with 129,821 units changing hands.

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Juniors rise slightly on Tuesday

January 19, 2016 by

JM Sign A high percentage of the stocks listed on the junior market were active on Tuesday with 18 trading, 6 of which advanced, 4 declined, the market index was up a miniscule 6.24 points to end at 2,249.07. A total of 6 stocks closed at a new 52 weeks’ highs.
The volume of 1,840,258 units changed hands, valued at $6,617,973 with indicators showing potential for a resumption of upward price movements with the supply of stocks being reduced as indicated by the increased number of stocks without offers. At the close, 1 security ended with no bid to buy and 9 securities had no stocks being offered for sale. A total of 4 stocks closed with bids higher than their last traded prices while 2 closed with lower offers.
In trading, AMG Packaging price rose 20 cents to a new high of $11.40 with 32,190 shares changing hands, C2W Music ended at 49 cents while 27,516 units changed hands, Caribbean Cream ended with 4,000 shares changing hands at $4.94, Caribbean Flavours traded 11,353 units to close with a loss of 10 cents to end at $8.90. Caribbean Producers had 13,361 units changing hands but rose 20 cents to close at $5.50 Consolidated Bakeries closed at $1.40 with 273,000 units trading. Derrimon Trading closed at $4.15 with 33,167 shares traded, Dolphin Cove traded at $15.60 as 1,000 shares changed hands, General Accident fell 24 cents while trading 573,067 shares to close at $2.19.ICI -JM 19-01-16 Honey Bun closed at $7.60 as 104,424 shares changed hands, Jamaican Teas lost 5 cents with 400 shares trading to close at a $5.20, KLE Group ended at $2 with 127,714 shares changing hands. Lasco Distributors closed with 105,295 units trading and ended unchanged at $8, Lasco Financial lost 20 cents to close at $4 with 196,579 shares changing hands. Lasco Manufacturing traded 245,720 shares and gained 5 cents to close at $5, Medical Disposables had 30,574 shares changing hands with a rise of 55 cents to close at $3.55, Paramount Trading ended at a 52 weeks’ high by rising 5 cent to close at $10.55, but only 135 shares traded and tTech closed with a gain of 10 cents at $4.90 with 60,583 units changing hands.

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Scotia pushes JSE to 4,000 points gain

January 18, 2016 by

The continued seesaw movement in the price of Scotia Group continued in the morning session with the stock trading at $34.99, JSE intra 18-01-16helping to push the main stock market indices up between 3,100 to just under 4,000 points. Scotia closed trading on Friday with the last trade ended at $30.09.
Supreme Ventures also rose with a gain of 35 cents to trade at $5.05, in the junior market Honey Bun traded at a new high of $7.60 with 56,000 units but, Lasco Financial fell back by 46 cents to $4.06 with 109,645 shares.
After 75 minutes of trading, the all Jamaica Composite Index jumped by 3,996.70 points to 177,597.82 the JSE Market Index climbed 3,576.27 points to 159,850.11 the JSE combined index gained 3,139.92 points to 170,963.97 and the junior market index fell 25.71 points to 2,240.63
In trading 31 securities were active and accounted for 1,469,912 units that changed hands with 16 stocks rising and 9 falling.

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JSE pulls back again in early trading

January 15, 2016 by

The stock market pulled back again on Friday with the indices falling in junior and the main markets and adding to Thursday end of day losses as volumes remained relatively light after 75 minutes of trading. JSE intra 15-01-16The all Jamaica Composite Index fell 549.58 points to 174,562.41 the JSE Market Index tumbled 491.76 points to 157,134.01 the JSE combined index dropped 607.09 points to 168,621.96 and the junior market index fell 28.19 points to 2,264.88.
In trading 29 securities were active and accounted for 1,814,132 units changed hands with 12 stocks rising and 10 falling.
Scotia Group traded at $30.09 compared to nearly $34.99, the last traded price with 81,528 shares Barita Investments had 134,925 shares trading at $4.40, Margaritaville Turks came into its own after reporting profits of US$518,134 versus $279,000 in the six months to November last year, the stock traded 394,700  at 10.5 US cents, Radio Jamaica jumped to a new high of $6 with 32,400 units.
In the junior market, AMG Packaging traded at a new high of $11.05, Honey Bun is up to a new 52 weeks’ high of $7.18 and Paramount Trading at $10.50, Lasco Financial fell back to $4.20 from yesterday’s close of $4.75.

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