The Junior Market Index rose just 1.98 points to 3,397 at the close of trading after 26 securities changed hands on Monday, resulting in the prices of 6 securities rising, 14 declining and 6 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 4 stocks ending with bids higher than their last selling prices, 4 closed with lower offers. This reading suggests that declining stocks should exceed those advancing for the second day in a row.
Market activities, resulted in an exchange of only 1,142,126 units valued at $4,705,199, compared to 3,221,714 units valued at $11,222,507 trading on Friday from trading of 25 securities.
Trading closed with an average of 43,928 units for an average of $180,969 in contrast to 128,869 units for an average of $448,900 on Friday. Trading in September, averaged 484,335 for an average of $2,628,299 for each security traded.
At the close of trading, AMG Packaging ended with 40,952 stock units changing hands after a loss of 4 cents to close at $1.91, Blue Power concluded trading with 5,035 units, and declined 30 cents to $6, CAC2000 jumped $3.75 to an all-time high at $18.75, with 2,000 shares trading, Cargo Handlers settled at $15, exchanging 6,058 shares, Caribbean Cream ended trading 70 cents higher at $8, with 2,295 shares changing hands. Caribbean Flavours traded 15,300 stock units, with a loss of 2 cents to end at $17, Caribbean Producers finished trading of 1,955 units at $6.35, Derrimon Trading ended at $2.90, in swapping 226,188 shares, Dolphin Cove concluded trading with a loss of 50 cents at $16.50, with 110 shares. Everything Fresh fell 1 cent and ended trading of 116,277 shares at $1.99, Express Catering ended trading 30 cents higher at $8.50, with 21,625 shares changing hands, FosRich Group ended trading 2,945 shares with a loss of 20 cents at $3.50, General Accident traded 214,892 shares at $3.80, GWest Corporation finished at $2.05, trading 21,641 shares, Honey Bun closed with a loss of 25 cents at $3.70, with 48,907 stock units changing hands.
Indies Pharma lost 8 cents with 119,039 shares changing hands to close at $3.32. Iron Rock ended 40 cents higher at a 52 weeks’ high $5, in exchanging 10,600 units, ISP Finance concluded trading with 3,000 shares after a loss of $2 at $20, Jetcon Corporation settled with a loss of 14 cents at $3.86, exchanging 800 shares, KLE Group traded 70,864 units for 5 cents higher at $3.80. Knutsford Express dropped $1.14 to $11.36, trading 205 shares, Lasco Distributors closed 15 cents higher at $4.10, in the swapping of 9,400 shares, Lasco Financial ended at $5.50, with 136,342 shares trading, Lasco Manufacturing concluded trading of 9,990 stock units with a loss of 10 cents at $3.75, Main Event finished with a loss of 48 cents at $5.92, exchanging 29,158 units and Stationery and Office traded 26,548 shares with a loss of 9 cents at $9.10.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market falls to end September
The Junior Market Index declined by 34.58 points to 3,395.02 at the close of trading after 25 securities changed hands, resulting in the prices of 10 securities rising, 10 declining and 5 remaining unchanged.
Market sentiment closed somewhat negatively at the end of trading on Friday, as the IC bid-offer Indicator was narrowly positive which is an indication of that declining stocks should exceed those advancing.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 8 stocks ending with bids higher than their last selling prices, 6 closed with lower offers.
Market activities, resulted in an exchange of 3,221,714 units valued at $11,222,507, compared to 2,433,731 units valued at $8,326,070 trading on Thursday from trading of 27 securities.
Trading closed with an average of 128,869 units for an average of $448,900 in contrast to 105,814 units for an average of $362,003 on Thursday. Trading for the month to date averages 484,335 for an average of $2,628,299 and on the prior trading day, an average of 502,180 units for an average of $2,737,706 units. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging ended 1 cent higher at $1.95, in exchanging 161,113 stock units, Blue Power concluded trading 60,693 units with a loss of 20 cents at $6.30, Caribbean Producers finished trading 3,597 units at $6.35, Consolidated Bakeries closed with a loss of 45 cents at $2, with 500 shares changing hands, Derrimon Trading ended 5 cents higher at $2.90, after exchanging 1,332,160 shares. Dolphin Cove concluded trading 13,815 shares and climbed 50 cents higher at $17, Elite Diagnostic finished 3 cents higher at $3.05, with 54,569 stock units changing hands, Everything Fresh fell 10 cents and ended trading of 336,061 shares at $2, Express Catering ended trading at $8.20, with 138,800 shares changing hands, FosRich Group traded 24,113 shares and rose 10 cents to $3.70. General Accident finished trading of 2,000 shares at $3.80, GWest Corporation closed with a loss of 5 cents at $2.05, after exchanging 24,594 stock units, 
Honey Bun ended with a loss of 5 cents at $3.95, with 106,500 units changing hands, Indies Pharma rose 1 cent with 622,577 shares changing hands to close at $3.40. Iron Rock concluded trading 10 cents higher at $4.60, with 13,000 shares. Jamaican Teas settled at $4.85, trading 100 shares, Jetcon Corporation ended trading 20 cents higher at $4, with 13,750 stock units, Key Insurance traded with a loss of 42 cents at $3.08, with 5,000 units changing hands, KLE Group finished trading 10,000 shares with a loss of 25 cents to close at $3.75. Lasco Distributors ended with a loss of 5 cents at $3.95, with 93,935 shares changing hands, Lasco Financial concluded trading of 114,689 stock units at $5.50, Lasco Manufacturing finished with a loss of 15 cents at $3.85, with 6,362 units trading, Main Event settled 30 cents higher at $6.40, with 10,558 shares changing hands, Medical Disposables dropped $2.40 t0 $5.50, with just 600 shares trading and Stationery and Office finished trading 19 cents higher at $9.19, with 72,628 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market rise but sentiment negative
Caribbean Flavours traded on the Junior Market at a record high of $21.
The Junior Market Index advanced by 12.92 points to close at 3,429.60 at the close of trading closed with 23 securities changing hands, resulting in the prices of 4 securities rising, 7 declining and 9 remaining unchanged.
Market sentiment closed negative on Wednesday and remains negative at the close of trading on Thursday as shown by the IC bid-offer Indicator with more stocks seeming poised to decline than rise by a good margin.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 7 closed with lower offers.
Market activities, resulted in an exchange of 2,433,731 units valued at $8,326,070, compared to 28,223,468 units valued at $66,146,106 trading on Wednesday.
Trading closed with an average of 105,814 units for an average of $362,003 in contrast to 1,045,314 units for an average of $2,449,856 on Wednesday. Trading for the month to date averages 502,180 units for an average of $2,737,706 and on the prior trading day, an average of 521,373 units for an average of $2,852,740. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging ended with the exchanging of 372,400 stock units, and rising 4 cents higher to close at $1.94, Blue Power fell 5 cents to end at $6.50, trading 22,662 units, CAC2000 finished with the trading of 29,525 shares at $15, Caribbean Flavours traded 3,000 stock units to close $1 higher at $19, after hitting an all-time high of $21. Derrimon Trading ended with a loss of 9 cents at $2.85, with 160,500 shares changing hands. Elite Diagnostic finished with a loss of 9 cents at $3.02, after exchanging 37,358 stock units, Everything Fresh closed trading with 108,150 shares changing hands at $2.10. Express Catering ended trading 82,267 shares at $8.20,
FosRich Group traded with a loss of 10 cents at $3.60, with 8,726 shares, GWest Corporation closed 10 cents higher at $2.10, in the exchange of 10,000 stock units. Honey Bun ended at $4, with 10,927 units being exchanged, Indies Pharma lost 1 cent with 834,773 shares changing hands to close at $3.39. Iron Rock concluded trading of 210,000 shares, at $4.50, Jamaican Teas settled with a loss of 15 cents at $4.85, with 10,977 shares traded, Jetcon Corporation ended trading 13,860 stock units and lost 30 cents to end at $3.80. KLE Group finished trading at $4, with 300 shares, Knutsford Express closed at $12.50, in the swapping of 1,600 shares, Lasco Distributors ended at $4, exchanging 56,900 shares, Lasco Financial concluded trading 51,530 stock units and rose 2 cents higher to $5.50. Lasco Manufacturing finished at $4, exchanging 5,875 units, Main Event settled with a loss of 30 cents at $6.10, after 3,063 shares traded and Stationery and Office finished trading at $9, with 37,276 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market drops points Wednesday
KLE Group traded at a 52 weeks’ high on Wednesday.
The Junior Market Index slipped 11.52 points to close at 3,416.68, as 7 securities rose, 11 declined and 9 remained unchanged as 27 securities changed hands compared to 28 on Wednesday.
At the close of trading, leading to an exchanged 28,223,468 units valued at $66,146,106, compared to 1,705,030 shares valued at $6,168,727 on Tuesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 2 stocks ending with bids higher than their last selling prices, 5 closed with lower offers.
Trading closed with an average of 1,045,314 units for an average of $2,449,856 in contrast to 60,894 units for an average of $220,312 on Tuesday. Trading for the month to date averages 521,373 units for an average of $2,852,740 and on the prior trading day, an average of 489,796 units for an average of $2,877,021. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading AMG Packaging ended with a loss of 4 cents at $1.90, trading 172,224 stock units, Blue Power concluded trading 24,326 units and gained 5 cents to end at $6.55, CAC2000 closed at $15, trading 42,500 shares, Cargo Handlers settled at $15, with 1,969 shares, Caribbean Cream ended trading of 3,000 shares with a loss of 60 cents at $7.30. Caribbean Flavours traded just 218 stock units, to close at $18, Derrimon Trading ended 4 cents higher at $2.94, exchanging 596,207 shares, Elite Diagnostic finished with a loss of 4 cents at $3.11, with 398,534 stock units changing hands, Eppley settled with 3,850 units changing hands with a loss of $1.01 at $8, Everything Fresh closed trading with 62,506 shares changing hands at $2.10. Express Catering ended trading of 52,045 shares with a loss of 1 cent at $8.20, FosRich Group traded 45 cents higher at $3.70, with 200 shares, GWest Corporation closed with a loss of 6 cents at $2, in exchanging 24,744,890 stock units, Honey Bun ended with a loss of 20 cents at $4, with 52,867 units. Indies Pharma gained 30 cents with 369,580 shares changing hands to close at $3.40. 
ISP Finance finished at $22, in exchanging 2,000 shares, Jamaican Teas settled with a loss of 30 cents at $5, with 6,850 shares changing hands, Jetcon Corporation ended trading 10 cents higher at $4.10, with 87,875 stock units, KLE Group finished trading of 1,010,000 shares and rose 25 cents to close at a 52 weeks’ high at $4. Knutsford Express closed at $12.50, trading 882 shares, Lasco Distributors ended at $4, trading 44,462 shares, Lasco Financial concluded trading of 237,886 stock units with a loss of 2 cents to close at $5.48, Lasco Manufacturing finished at $4, in exchanging 1,226 units. Main Event settled 80 cents higher at $6.40, with 3,200 shares, Medical Disposables ended trading with a loss of 5 cents at $7.90, in exchanging 82,386 shares and Stationery and Office finished trading at $9, with 76,847 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market recovers 128 points in 2 days
The Junior Market Index having recovered 71.51 points of the 136.58 points lost on Friday, regained another 56.96 points on Tuesday to close at 3,428.20, as 17 securities rose to 6 that declined and 5 remained unchanged.
At the close of trading 28 securities changed hands, including 3 that closed at 52 weeks’ high, compared to 23 securities trading on Monday, leading to an exchanged 1,705,030 shares valued at $6,168,727, compared to 2,563,014 units valued at $10,430,621 on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 4 stocks ending with bids higher than their last selling prices, 3 closed with lower offers.
Trading closed with an average of 60,894 units for an average of $220,312 in contrast to 111,435 units for an average of $453,505 on Monday. Trading for the month to date averages 489,796 units for an average of $2,877,021 and on the prior trading day, an average of 518,389 units for an average of $3,054,135.
Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, Access Financial closed at $48, with 100 shares trading, AMG Packaging ended at $1.94, with an exchange of 50,000 stock units, Blue Power concluded trading with a loss of 49 cents at $6.50, with 28,132 units changing hands, CAC 2000 jumped $2.50 to an all-time high of $15, with 4,785 shares trading, Caribbean Cream ended trading of 15,300 shares at $7.90. Caribbean Flavours traded 5,359 stock units and rose $1.10 to $18, Caribbean Producers finished trading 25 cents higher at $6.35, with 27,102 units, Consolidated Bakeries closed with a loss of 1 cent at $2.45, with 14,200 shares changing hands, Derrimon Trading ended 10 cents higher at $2.90, with 334,164 shares. Elite Diagnostic rose 3 cents to $3.15, trading 169,251 stock units, Everything Fresh closed trading with 152,436 shares changing hands at $2.10, Express Catering ended trading of 29,398 shares and rose 21 cents at $8.21, 
FosRich Group traded 298,283 shares and gained 4 cents to $3.25, General Accident finished trading with a loss of 20 cents at $3.80, with 2,823 shares. GWest Corporation closed with a loss of 9 cents at $2.06, trading 10,433 stock units, Honey Bun ended 20 cents higher at $4.20, trading 100 units, Indies Pharma lost 40 cents and closed with 370,098 shares changing hands at $3.50, ISP Finance jumped $2 to close at a 52 weeks’ high of $22, trading 6,334 shares, Jamaican Teas settled 30 cents higher at $5.30, with 13,106 shares trading. Jetcon Corporation ended trading 2,400 stock units and rose 2 cents to $4, KLE Group finished trading 45 cents higher at a 52 weeks’ high of $3.75, with 31,795 shares, Knutsford Express closed 50 cents higher at $12.50, with 500 shares changing hands, Lasco Distributors ended with a loss of 5 cents at $4, in exchanging 3,200 shares. Lasco Financial concluded trading of 101,878 stock units and rose 10 cents to $5.50, Lasco Manufacturing finished 15 cents higher at $4, switching 1,100 units, Main Event gained 50 cents to $5.60, with 25,000 shares, Medical Disposables ended trading 5,000 shares and rose $1.35 higher to $7.95 and Stationery and Office finished trading at $9, with 2,753 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Sales jump sharply at Main Event
Main Event backed with IC BUY RATED status
Growth in revenues while not an exact proxy for increased profits, is often a very good indicator of greater gains ahead. That may be exactly what is happening at the Junior market listed Main Event.
The results for the nine months to July show strong sales growth but flat profits. Revenues for the July quarter surged nearly 26 percent to $364 million, but profit fell 7 percent to $24.5 million from $26.3 million in 2017. For the nine months to July, profit was up just 4 percent to $105.5 million that flowed from a 13 percent rise in revenues to $1.07 billion, compared to net income of $101 million in 2017.
The company incurred increased cost as it seeks to expand its service offerings. The results to date suggest that the full year earnings will not vary much from the 2017 full year results of 37 cents. But 2019 could be a blow out year for them, if revenue growth seen so far for this year, continues into 2019.
Profit margin in the first half of the year, was held to the same level as in 2017, at 48 percent and declined in the July quarter to 45 percent from 49 percent in the 2017, the impact, operating profit rose just 15 percent in the quarter to $164 million from $143 million but fell to 14 percent for the year to date, to $512 million from $447 million in 2017.
Administrative expenses rose 20 percent to $111 million in the quarter and increased 15 percent in the nine months period to $311 million. Marketing and sales expenses increased by 44 percent to $15 million for the nine months. Depreciation rose 49 percent to $24 million in the quarter and increased 29 percent in the nine months to $69 million, an indication of increased capital spend to accommodate expansion and increased income. Finance cost was flat in the quarter, at $5.2 million and rose just 5 percent to $13.6 million for the nine months.
Earnings per share came out at 9 cents for the quarter and 37 cents for the nine months and should end the fiscal year around 40 cents. For 2019 earnings should be in the order of a string increase to 75 cents.
“Performance has been negatively impacted by write downs on trade receivables to align to reporting standard, IFRS 9, continued start up expenditure for new service offerings and cost with higher head counts and incentive compensation,” the Chairman Ian Blair and Chief Executive Officer reported to shareholders in their commentary accompanying the quarterly.
Gross cash flow brought in $175 million but growth in receivables, inventories, addition to fixed assets of $160 million, offset by net loan inflows and increased payables resulted in net cash flow ended at a negative $63 million and leaving $29 million in cash at the end of July. Shareholders’ equity stood at $551 million with borrowings at just $185 million, including amounts due to related parties. Net current assets ended the period at $141 million, inclusive of trade and other receivables of $304 million, cash and bank balances of $29 million. Current liabilities amounted to $209 million inclusive of short term borrowings.
The stock traded at $5.50 on the Junior Market of the Jamaica Stock Exchange with a relatively low PE ratio of 7.3 times 2018 earnings and is elevated to BUY RATED status.
136 points Junior Market drop – Friday
The Junior Market dropped by an unusually large 136.58 points to close at 3,299.73 on Friday as Express Catering traded more than 23 million at $6.40 along with Lasco Distributors that fell to $3.50 and Main Event that traded at $5.10 from $6.50 did immense damage to the market index.
The major part of the damage which was done by the above three was accompanied by 11 other companies that declined on the day after the market recorded its highest close. At the close, trading ended with 29 securities, compared to 28 on Thursday, leading to 5 advancing, 14 declining and 9 remaining unchanged.
Investors exchanged 27,838,500 units valued at $164,750,850, compared to 3,874,490 units valued at $18,122,803 on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 4 closed with lower offers.
Trading closed with an average of 959,948 units for an average of $5,681,064 in contrast to 138,375 units for an average of $647,243 on Thursday. Trading for the month to date averages 541,966 units for an average of $3,204,801 and on the prior trading day, an average of 531,728 units for an average of $3,009,661. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, Access Financial fell $2 and closed at $48, after trading 2,000 shares, AMG Packaging ended at $1.95, with 1,714,425 stock units changing hands, Blue Power concluded trading with 48,659 units and lost 60 cents to end at $6.40, CAC 2000 finished with a loss of 50 cents at $12.50, with 2,800 shares trading, Caribbean Cream ended trading with a loss of 10 cents at $7.90, with 50,000 shares changing hands. Caribbean Flavours traded at $18, with 15,000 stock units, Caribbean Producers finished trading 2,470 units with a loss of 9 cents at $6, Derrimon Trading ended 30 cents higher at $2.80, in exchanging 328,947 shares, Dolphin Cove concluded trading of 10,839 shares at $17. Elite Diagnostic finished at $3.16, with 31,792 stock units, Eppley settled with a loss of 99 cents at $9.01, trading 2,500 units, Everything Fresh lost 19 cents in trading 58,866 shares to end at $2.10, Express Catering ended trading 19 cents higher at $8.21 after it traded down to $6.40 the bulk of 23,411,735 shares that changed hands, FosRich Group traded 111,206 shares at $3.21. 
General Accident finished trading 2,000 shares with a loss of 45 cents at $3.90, Indies Pharma gained 14 cents and closed trading with 622,765 shares changing hands at $3.89, Iron Rock concluded trading of 30,000 shares 50 cents higher to end at a 52 weeks’ high of $4.50, Jamaican Teas settled at $5, exchanging 100,000 shares, Jetcon Corporation ended trading with a loss of 10 cents at $4, after 63,601 stock units changed hands. Knutsford Express closed at $11.50, in exchanging 3,860 shares, Lasco Distributors ended with a loss of 50 cents at $3.50, with 744,400 shares, Lasco Financial fell 25 cents to close at $5.25, in trading of 100,000 stock units, Lasco Manufacturing finished with a loss of 10 cents at $3.90, with 51,017 units being exchanged. Main Event settled with a loss of $1.40 at $5.10, trading 175,584 shares, Medical Disposables ended trading 34,964 shares 10 cents higher at $6.60, Paramount Trading closed at $3, with 2,200 shares, Stationery and Office finished trading 1,100 stock units at $9.25 and tTech ended with a loss of 55 cents at $5.55, with 5,400 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Record close for Junior Market – Thursday
The Junior Market ended traded on Thursday record high closing high as more stocks gained than fell leaving The Junior Market Index advanced by 22.73 points to close at 3,436.31
Trading ended with 28 securities compared to 26 on Wednesday including 1 from the US dollar Junior Market, leading to 13 advancing, 7 declining and 8 remaining unchanged.
Investors exchanged 3,874,490 units valued at $18,122,803 compared to 3,671,416 units valued at $14,989,400 on Wednesday in the regular market.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 4 closed with lower offers.
Trading closed with an average of 138,375 units for an average of $647,243 in contrast to 141,208 units for an average of $576,515 on Wednesday.
Trading for the month to date averages 531,728 units for an average of $3,009,661 and on the prior trading day, an average of 539,551 units for an average of $3,204,213. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging ended at $1.95, with 33,550 stock units, Blue Power concluded trading of 1,000 units and rose 3 cents to $7, CAC 2000 jumped $1 to a 52 weeks’ high of $13, trading 44,000 shares, Cargo Handlers settled $2 higher at a 52 weeks’ high of $15, with 500 shares changing hands, Caribbean Cream ended trading 10 cents higher at $8, with 108,677 shares. Caribbean Flavours lost 50 cents to end at $18, with 110,000 stock units traded, Caribbean Producers finished trading 59,548 units with a loss of 1 cent at $6.09, Consolidated Bakeries closed with a loss of 3 cents at $2.46, trading 111 shares, Derrimon Trading ended with a loss of 50 cents at $2.50, in exchanging 1,126,228 shares. Elite Diagnostic finished with a loss of 1 cent at $3.16, trading 31,816 stock units, Everything Fresh rose 27 cents in trading 25,134 shares to end at $2.29, 
Eppley settled at $10, with 1,695 units changing hands, Express Catering ended trading 12 cents higher at $8.02, exchanging 186,942 shares, FosRich Group traded 1 cent higher at $3.21, with 80,689 shares. GWest Corporation closed with a loss of 5 cents at $2.15, as 25,528 stock units were traded, Honey Bun ended with a loss of 15 cents at $4, with 39,698 units, Indies Pharma closed trading with 252,318 shares changing hands at $3.75, ISP Finance finished trading of 2,000 shares at $20, Jamaican Teas settled 35 cents higher at $5, with 232,117 shares changing hands. Jetcon Corporation ended trading 322,842 stock units, 10 cents higher at $4.10, Knutsford Express closed at $11.50, swapping 1,960 shares, Lasco Distributors ended 5 cents higher at $4, trading 327,700 shares, Lasco Financial concluded trading of 625,607 stock units 4 cents higher at $5.50. Lasco Manufacturing finished at $4, with 15,100 units, Main Event settled $1.20 higher at $6.50, with 15,000 shares changing hands, Medical Disposables ended trading 40 cents higher at $6.50, with 52,230 shares and Paramount Trading traded 100,300 shares at $3.
Prices of securities trading for the day are those at which the last trade took place.
Record close for Junior Market – Tuesday
The Junior Market rose 20.24 points at the close of trading on Tuesday, to end at record close of 3,422.72 for a gain of more than 25 percent for the year to date.
Trading rose from 25 securities on Monday to 29 on Tuesday, leading to 13 advancing, 7 declining and 5 remaining unchanged, as investors exchanged 2,560,907 units valued at $10,090,700.compared to 2,777,946 units valued at $11,467,683 on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 5 closed with lower offers.
Trading closed with an average of 102,436 units for an average of $403,628 in contrast to 95,791 units for an average of $395,437 on Monday Trading for the month to date averages 572,535 units for an average of $3,421,793 and on the prior trading day, an average of 613,186 units for an average of $3,682,880. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging gained 5 cents to end at $1.95, with an exchange of 461,972 stock units, Blue Power concluded trading of 2,300 units 50 cents higher at $7, CAC 2000 finished $2 higher at record high of $11, with 11,761 shares changing hands, Caribbean Cream ended trading of 16,348 shares with a loss of 74 cents to end at $7.26, Caribbean Flavours lost 50 cents to close at $18.50, trading 7,423 stock units. Caribbean Producers finished trading 28,273 units at $6.10, Derrimon Trading ended 2 cents higher at $3.20, with 191,800 shares trading, Elite Diagnostic finished at $3.40, with 10,000 stock units changing hands, Everything Fresh shed 30 cents in trading 45,000 shares to end at $2, Express Catering ended trading 29,858 shares, 39 cents higher at $8.39. FosRich Group gained 20 cents to end at $3.21, exchanging 20,991 shares, General Accident finished trading 25,000 shares, to close 35 cents higher at $4.35, 
GWest Corporation closed 5 cents higher at $2.20, with 265,662 stock units changing hands, Honey Bun rose 20 cents higher to $4.25, with the trading of 6,519 units. Indies Pharma lost 2 cents and closed with 537,134 shares changing hands at $3.95, Iron Rock concluded trading of 10,000 shares at $4, Jamaican Teas settled with a loss of 20 cents at $4.40, with 44,845 shares changing hands, Jetcon Corporation ended trading 31,000 stock units after rising 4 cents to $4, Lasco Distributors ended at $4, exchanging 44,863 shares. Lasco Financial concluded trading 618,240 stock units with a loss of 14 cents to end at $5.46, Lasco Manufacturing finished 10 cents higher at $4, with 51,934 units changing hands, Main Event gained 10 cents to close at $5.30, with 8,000 shares trading and Stationery and Office finished trading of 36,984 stock units 1 cent higher at $9.01. In the junior market preference segment, Eppley 8.75% concluded trading of 25,000 units with a loss of 20 cents at $6.
Prices of securities trading for the day are those at which the last trade took place.
Record close for Junior Market – Monday
The Junior Market recorded gains of 5.39 points at the close of trading on Monday, to end at record close of 3,402.48, within 3 minutes of opening, to take out the old record of 3,392.58 on Monday.
Trading rose from 25 securities on Friday to 29 on Monday, leading to 7 advancing, 12 declining and 10 remaining unchanged, as investors exchanged 2,777,946 units valued at $11,467,683 compared to 2,279,431 units valued at $9,238,268 on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, 2 closed with lower offers.
Trading closed with an average of 95,791 units for an average of $395,437 in contrast to 91,177 units for an average of $369,531 on Friday. Trading for the month to date averages 
613,186 units for an average of $3,682,880 and on the prior trading day, an average of 670,895 units for an average of $4,049,556. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging ended 1 cent higher at $1.90, with 186,246 stock units changing hands, Blue Power concluded trading at $6.50, trading 150 units, Caribbean Cream jumped to a 52 weeks’ high of $8 after gaining 50 cents and trading 58,059 shares, Caribbean Flavours traded 18,519 stock units with a loss of 30 cents at $19, Caribbean Producers finished trading at $6.10, with 12,934 units changing hands. Consolidated Bakeries traded 2,000 shares to close with a loss of 1 cent at $2.49, Derrimon Trading ended with a loss of 2 cents at $3.18, in exchanging 262,810 shares, Elite Diagnostic finished with a loss of 10 cents at $3.40, with 56,916 stock units being exchanged, Eppley settled with a loss of 5 cents at $10, trading 13,305 units. Everything Fresh shed 10 cents in trading 32,468 shares to end at $2.30, Express Catering ended trading 52,500 shares with a loss of 39 cents at $8, FosRich Group traded 32,340 shares 1 cent higher at $3.01, General Accident finished trading with a loss of 40 cents at $4, with 98,778 shares, GWest Corporation closed at $2.15, with 15,000 stock units. 
Honey Bun ended at $4.05, with 25,386 units, Indies Pharma lost 5 cents and closed with 1,098,497 shares changing hands at $3.95. Iron Rock concluded trading of 81,500 shares for 50 cents higher at $4, Jamaican Teas settled with a loss of 5 cents at $4.60, exchanging 38,064 shares, Jetcon Corporation gained 6 cents to close at $3.96, with 250 stock units changing hands. KLE Group finished trading 91,858 shares at $3, Knutsford Express closed $1.20 higher at $12.70, exchanging 1,800 shares, Lasco Distributors ended at $4, with 32,479 shares, Lasco Financial gained 10 cents to $5.60, trading 110,888 stock units. Lasco Manufacturing finished at $3.90, with 6,289 units, Main Event settled with a loss of 1.80 cents at $5.20, in the exchange of 14,000 shares, Stationery and Office finished trading 15,900 stock units at $9 and tTech ended at $6, changing 309,410 shares. In the junior market preference segment, Derrimon Trading ended with a loss of 26 cents at $2.25, with 5,100 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
