Main Event — Page 82

Caribbean Producers surprise gains

February 23, 2021 by IC Insider.com

In another surprising move, Caribbean Producers traded 8,622,338 shares after jumping 80 cents to close at $4, on Tuesday the highest closing price since March last year and helping to send the Junior Market of the Jamaica Stock Exchange market index to the highest levels since the end of February last year when it closed then at 2,911.92 points.

Caribbean Producers traded 8.6 million shares on Tuesday.

Trading ended with 41 securities changing hands, up from 40 on Monday and closed with the prices of 18 stocks rising, 13 declining and 10 remaining unchanged.
The Junior Market Index climbed 35.59 points to close at 2,907.48, up 10 percent for the year to date. The average PE Ratio ended at 15.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading levels rebounded with a 123 percent rise in the volume over Monday with 13,487,893 shares for and values 140 percent higher than on Monday jump in the value to $42,784,456, up from 6,033,662 units at $17,830,831 on Monday. Caribbean Producers led trading with 63.9 percent of total volume, after 8.62 million shares changed hands, followed by Derrimon Trading 8.7 percent with 1.17 million units and Mailpac Group with 4.9 percent for 665,514 units.
Trading averaged 328,973 units at $1,043,523 well upon 150,842 at $445,771 on Monday. The month to date averaged 376,123 units at $933,244, close to the 379,631 units at $925,038 on Monday. Trading in January averaged 232,651 units at $569,885.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and nine with lower offers.
At the close of the market, Access Financial advanced $2.50 to $23.50, in an exchange of 4,000 shares, Cargo Handlers rose $1.71 to $8.71, with 100 units crossing the market. Caribbean Flavours fell 5 cents to $1.95, with the swapping of 85,400 stocks. Caribbean Producers rose 80 cents to close at $4, with 8,622,338 shares crossing the exchange, Dolphin Cove closed $1.60 higher at $9.30 trading 34,875 stock units, Everything Fresh gained 16 cents to 89 cents, with an exchange of 182,707 units. Express Catering rose 32 cents to $3.62 in exchanging 19,618 shares, Fontana lost 14 cents to close at $6 in switching ownership of 176,450 units, Fosrich lost 10 cents to close at $4.20 trading 41,467 stocks, iCreate rose 6 cents in closing at 65 cents and exchanging 630,357 stock units. Indies Pharma gained 18 cents to settle at $3.40, with 52,244 shares crossing the market, Iron Rock Insurance advanced 23 cents to $3.75, with a transfer of 22,000 units, Jamaican Teas fell 13 cents to $3.33, exchanging 321,133 stock units. Jetcon Corporation gained 13 cents to 79 cents, with 145,898 shares changing hands, KLE Group picked up 17 cents at $1.33 after a transfer of 749 stock units, Lasco Distributors gained 5 cents to end at $3.65, in swapping 28,720 stocks. Lasco Financial lost 20 cents to close at $2.50, trading 135,748 units, Lasco Manufacturing shed 35 cents to end at $4.38, with an exchange of 33,412 shares, Mailpac Group lost 15 cents to close at $3.49, in trading 665,514 units. Main Event shed 42 cents to end at $3.03 after crossing the market with 14,500 shares and Stationery and Office Supplies ended 18 cents lower at $4.35 in the transfer of 25,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity

Caribbean Producers shock move

February 23, 2021 by IC Insider.com

Caribbean Producers jumped sharply in trading on Monday in a surprise move, with the price hitting $3.20, a level not seen since mid-April last year as activity on the Jamaica Stock Exchange Junior Market remained at a high level with all but four stocks trading, with 29 percent fewer shares at 30 percent less value than on Friday.

Caribbean Producers in a surprise move on Monday.

Trading ended with 40 securities changing hands, up from 35 on Friday with 12 rising, 15 declining and 13 remaining unchanged.
At the close, the Junior Market Index lost 27.24 points to settle at 2,871.89. The average PE Ratio ends at 15.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 6,033,662 shares for $17,830,831 down from 8,506,807 units at $25,313,437 on Friday. Derrimon Trading led with 19.3 percent of the volume, after an exchange of 1.17 million shares, followed by Mailpac Group with 15.5 percent of the day’s trade for 932,663 stocks and Lumber Depot with 14.7 percent for 884,021 units.
Trading averaged 150,842 units at $445,771 in contrast to 243,052 at $723,241 on Friday. Trading month to date averaged 379,631 units at $925,038, down from 397,540 units at $962,554 on Friday. Trading in January averaged 232,651 units at $569,885 trading.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, AMG Packaging fell 17 cents to $1.63, with an exchange of 44,000 shares, CAC 2000 climbed $1.40 to $10.90 trading 500 units, Caribbean Assurance Brokers rose 9 cents to $1.85, in a transfer of 1,419 stock units. Caribbean Producers rose 53 cents to end at $3.20, with 752,023 shares crossing the market, Consolidated Bakeries picked up 5 cents in closing at $1.50, with 850 stocks changing hands, Dolphin Cove shed 30 cents to $7.70, with 1,162 stock units clearing the market. Everything Fresh lost 7 cents to end at 73 cents, with an exchange of 123,189 stocks, Express Catering dropped 35 cents to $3.30, with 1,100 units clearing the market, General Accident rose 21 cents to $5.51 trading 9,290 stock units, Jamaican Teas gained 9 cents to finish at $3.46 after a transfer of 585,809 shares. Jetcon Corporation lost 11 cents to end at 66 cents in trading 18,899 units, Lasco Distributors slipped 8 cents to $3.60, with 36,305 stock units changing hands, Mailpac Group lost 11 cents to close at $3.64 with 932,663 shares clearing the market, Main Event rose 41 cents to $3.45 in switching ownership of 3,133 units. Medical Disposables shed 25 cents in ending at $4.20, with 103,359 stock units crossing the market, Paramount Trading dipped 21 cents to $1.29 trading 8,970 stocks and tTech advanced 59 cents to $4.70, trading 3,369 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

Stocks bounce to gain 10% for 2021

February 19, 2021 by IC Insider.com

Stocks bounced back on Friday from the previous day’s loss, with more Junior Market stocks rising than falling after an exchange of 63 percent more shares than on Thursday with 58 percent higher value and the market being up 10 percent for the year.
Trading ended with 35 securities changing hands, down from 37 on Thursday, with prices of 14 stocks rising, 10 declining and 11 remaining unchanged. The Junior Market Index advanced 21.44 points to 2,899.13. The average PE Ratio ends at 15.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 8,506,807 shares for $25,313,437 compared to 5,225,893 units at $16,022,590 on Thursday. Indies Pharma led trading with 40.6 percent of total volume, after exchanging 3.45 million shares, followed by Lumber Depot with 13.6 percent for 1.15 million units and Jamaican Teas with 8.4 percent of the day’s trade for 715,546 units.
Trading averaged 243,052 units at $723,241 up from 141,240 at $433,043 on Thursday. Trading month to date averaged 397,540 units at $962,554, down slightly from 408,900 units at $980,150 on Thursday. Trading in January averaged 232,651 units at $569,885.

Investor’s Choice bid-offer indicator reading shows one stock ending with the bid higher than the last selling price and three with lower offers.
At the close of trading, Blue Power gained 24 cents in closing at $3.10, with 14,856 shares changing hands, Cargo Handlers finished 30 cents higher at $7.01 trading 2,000 shares, Elite Diagnostic lost 23 cents to end at $2.76, exchanging 16,231 units. General Accident picked up 15 cents to $5.30, with a transfer of 211,709 stocks, Indies Pharma gained 6 cents to end at a 52 weeks’ high of $3.20, in crossing the exchange with 3,450,757 units, Jamaican Teas fell 13 cents to $3.37, in exchanging 715,546 stock units. Lasco Distributors gained 8 cents to end at $3.68, with 4,400 shares changing hands, Lasco Financial lost 8 cents to end at $2.70 after clearing the market with 219,250 stocks. Lasco Manufacturing rose 15 cents to $4.75, with 11,720 stock units crossing the market, Limners and Bards fell 14 cents to $2.50 in exchanging 151,567 stocks, Lumber Depot slipped 14 cents to $2.50, trading 1,153,959 stock units. Mailpac Group lost 4 cents to close at $3.75 while exchanging 502,880 shares, Paramount Trading gained 21 cents to close at $1.50 with 51,390 units crossing the exchange and Stationery and Office Supplies rose 31 cents to $4.53 after exchanging 259 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Daily Trading, Derrimon Trading, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity

Junior Market slips on Thursday but..

February 18, 2021 by IC Insider.com

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Market activity dipped, with 20 percent fewer shares trading than on Tuesday, following the Ash Wednesday break, but the market ended with more stocks rising than declining on the Junior Market of the Jamaica Stock Exchange on Thursday, but the market Index slipped moderately at the close.
Trading ended with 37 securities changing hands compared to 39 on Tuesday and concluded with the prices of 16 stocks rising, ten declining and 11 remaining unchanged.
At the close, the Junior Market Index lost 10.53 points to finish at 2,877.69.
The PE Ratio averages 15.2 based on ICInsider.com’s 2020-21 earnings forecast. The market closed with 5,225,893 shares traded for $16,022,590 down from 6,496,040 units at $19,574,623 on Tuesday.
Derrimon Trading led trading with 17.1 percent of total volume after exchanging 895,494 shares, followed by Jamaican Teas with 14.5 percent of the day’s trade or 757,249 units and Lumber Depot with 14 percent market share with a transfer of 730,545 units.
Trading averaged 141,240 units at $433,043 down from 166,565 at $501,913 on Tuesday. Trading month to date averages 408,900 shares at $980,150, lower than 431,459 units at $1,026,262 on Tuesday. January closed with an average of 232,651 units at $569,885.
Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of trading, Carib Assurance Brokers rose 7 cents to $1.80 with 8,407 shares changing hands, Caribbean Producers fell 8 cents to $2.70 trading 70,633 shares, Dolphin Cove advanced 50 cents to $8 with a transfer of 3,400 stock units, Express Catering increased by 15 cents to $3.65 with 23,747 units changing hands. Fontana rose 5 cents to $6.18 with an exchange of 149,122 stocks, Fosrich climbed 19 cents to $4.30 with 51,671 shares passing through the market, General Accident fell 16 cents to $5.15 with 139,900 stocks traded. Honey Bun advanced 14 cents to $5.15 with a transfer of 114,923 units, Indies Pharma rose 9 cents to close at a 52 weeks’ high of $3.14 with 492,342 shares changing hands, Jamaican Teas declined by 18 cents to $3.50 with an exchange of 757,249 stock units. Jetcon gained 5 cents to end at 74 cents with 37,909 units passing through the market, KLE Group dropped 24 cents to $1.16 with 10,000 shares traded, Lasco Distributors rose 9 cents to $3.60 with a transfer of 150,895 stocks. Lasco Manufacturing climbed 28 cents to $4.60 with 23,605 stock units changing hands, Limners and Bards advanced 14 cents to $2.64 with an exchange of 61,986 shares, Mailpac Group rose 14 cents to $3.79 with 481,324 units passing through the market and Stationery and Office Supplies dropped 31 cents to $4.22 with the trading of 60,168 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, SSL Venture Capital, Stationery and Office, Trading Activity

Sharp Junior Market rebound – Tuesday

February 16, 2021 by IC Insider.com

Stocks jumped 94.40 points to close at 2,888.22 after rising and declining stocks matched each other in trading on Tuesday on the Junior Market of the Jamaica Stock Exchange as investors exchanged 91 percent fewer shares than on Monday.

Junior Market making a strong recovery from 2020 plunge.

Trading ended with 39 securities versus 38 on Monday with 16 rising, 16 declining and seven closing unchanged.
The average PE Ratio ended at 15.1 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading accounts for 6,496,040 shares for $19,574,623 down from 74,563,869 units at $122,016,255 on Monday. Jamaican Teas led trading with 21 percent of total volume for 1.36 million shares, followed by Lumber Depot 16.5 percent with 1.07 million units and Mailpac Group with 15.2 percent after a transfer of 987,293 units. Trading averaged 166,565 units at $501,913 down from 1,962,207 at $3,210,954 on Monday. The month to date averaged 431,459 units at $1,026,262, compared to 457,286 units at $1,077,386 on Monday. January closed with an average of 232,651 units at $569,885.
Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and four with lower offers. At the 1 o’clock close, AMG Packaging rose 14 cents to $1.80 trading 2,404 shares, Blue Power dropped 30 cents to $2.85 in an exchange of 1,234 stock units, Cargo Handlers climbed 19 cents to $6.71 with 7,904 stock units trading. Caribbean Assurance Brokers lost 7 cents to finish at $1.73 trading 8,412 stocks, Caribbean Flavours fell 15 cents to $1.95 after a transfer of 72,479 shares, Consolidated Bakeries gained 14 cents to close at $1.45 with 13,770 shares changing hands. Dolphin Cove climbed 45 cents to $7.50 with an exchange of 18 stocks, Elite Diagnostic advanced 25 cents to $3 with 6,160 stock units crossing the exchange, Express Catering dropped 18 cents to $3.50 with 3,136 shares traded. Fontana slipped 7 cents to $6.13 with a transfer of 214,490 shares, Fosrich fell 19 cents to $4.11 with 212,281 stock units changing hands, General Accident lost 12 cents to close at $5.31 with an exchange of 158,474 shares. Indies Pharma rose 8 cents to $3.05 trading 189,042 units, Jamaican Teas climbed 31 cents trading 1,364,296 stock units to close at a record high of $3.68, KLE Group advanced 22 cents to $1.40 with a transfer of 2,750 shares. Lasco Financial climbed 9 cents to $2.78 with 565,521 stock units changing hands, Lasco Manufacturing rose 6 cents to $4.32 with an exchange of 222 stock units, Lumber Depot rose 18 cents to $2.68 with 1,068,851 shares passing through the market. Mailpac Group gained 16 cents trading 987,293 shares to settle at $3.65, Main Event lost 9 cents to close at $3.01 with a transfer of 2,029 shares and Stationery and Office Supplies climbed 25 cents $4.53 with 810 stocks crossing the exchange.
In the preference segment, CAC 2000 9.5%slipped 5 cents to $1.10 with 13,420 units changing hands. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity

More gains for Junior Market

February 13, 2021 by IC Insider.com

Rising stocks dominated trading on Friday and allowing Junior Market stocks to hold on to modest gains in the market index for a second consecutive day, with 53 percent of the stocks traded rising after an exchange of 75 percent more shares than on Thursday and values 135 percent higher.
Trading ended with 36 securities changing hands, up from 34 on Thursday and closed with the prices of 19 stocks rising, 11 declining and six ending unchanged.
At the close, the Junior Market Index eked out a 7.52 points gain to close at 2,814.15, to be up 7.5 percent up for the year to date. The average PE Ratio ended at 14.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 10,871,142 shares for $38,718,293 up sharply from 6,203,871 units at $16,459,757 on Thursday. Jamaican Teas led trading with 23 percent of total volume, after 2.51 million shares changed hands followed by Lasco Distributors with 21.5 percent of the day’s trade for 2.34 million units and Lasco Manufacturing with 17.2 percent market share for 1.87 million units.
Trading averaged 301,976 units at $1,075,508 in contrast to 182,467 at $484,111 on Thursday. The month to date averaged 299,311 units at $853,420, compared to 299,016 units at $828,895 on Thursday. January closed with an average of 232,651 units at $569,885.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Access Financial shed 80 cents to close at $21, trading 100,023 shares, AMG Packaging rose by 6 cents to $1.66 in transferring 3,243 units, Caribbean Producers gained 13 cents in closing at $2.79, with 16,238 shares changing hands. Elite Diagnostic picked up 24 cents to $3 trading 169,409 units, Everything Fresh gained 7 cents to close at 80 cents after exchanging 13,880 shares. Express Catering rose 10 cents to $3.40, with 13,394 stock units crossing the market, Fosrich lost 10 cents to close at $4.20, in switching ownership of 125,978 units. General Accident gained 15 cents to close at $5.40 trading 207,019 stocks, Honey Bun lost 40 cents to end at $5.50 with 35,779 shares changing hands, Indies Pharma rose 8 cents to $2.98, trading 169,607 units. Iron Rock Insurance rose 46 cents to $3.51 transferring 13,267 stocks, Jamaican Teas gained 28 cents to settle at a 52 weeks’ closing high of $3.27, with 2,505,629 shares crossing the market. Lasco Distributors picked up 5 cents to close at $3.50, in switching ownership of 2,340,543 stock units, Lasco Financial shed 18 cents ending at $2.60, in transferring 179,080 units, Lasco Manufacturing rose 73 cents to close at $4.98 exchanging 1,874,706 shares. Limners and Bards rose 5 cents to $2.55 in trading 16,660 stock units, Lumber Depot lost 8 cents to close at $2.10, with an exchange of 672,335 shares, Mailpac Group carved out a loss of 4 cents ending at $3.96, with 473,830 shares changing hands, Main Event fell 20 cents to $3.10, with 3,040 stocks crossing the market and tTech rose 61 cents to $4.70 with 200 stocks clearing the market.
In the preference segment, CAC 2000 9.5% preference share gained 14 cents to end at $1.15, finishing with an exchange of 100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Trading Activity, tTech

Junior Market ekes out modest gains

February 11, 2021 by IC Insider.com

Trading dipped with fewer securities trading on Thursday leading to an exchange of 15 percent fewer shares than on Wednesday with the value falling 26 percent leaving the Junior Market of the Jamaica Stock Exchange to close with a modest rise in the market index.
Trading ended with 34 securities changing hands down from 39 on Wednesday resulting in the prices of 15 stocks rising, 12 declining and seven closing firm.
The Market Index eked out a 6.06 pints rise to finish at 2,806.63. The average PE Ratio ended at 14.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 6,203,871 shares at $16,459,757 down from 7,260,452 units at $22,171,156 on Wednesday.
Jamaican Teas led trading with 45.4 percent of total volume or 2.81 million shares, followed by Lumber Depot with 12.6 percent for 783,265 units and Tropical Battery with 11.1 percent with a transfer of 685,979 units.
Trading averaged 182,467 units at $484,111 in contrast to 186,165 at $568,491 on Wednesday. The month to date averaged 299,016 units at $828,895, compared to 312,587 units at $869,041 on Wednesday. January closed with an average of 232,651 units at $569,885.
Investor’s Choice bid-offer indicator reading shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of trading, Access Financial fell 6 cents to $21.80 with 766 shares traded, Blue Power dropped 22 cents to $2.85 with 3,723 stocks changing hands, Cargo Handlers rose 7 cents to $8 with an exchange of 1,324 units. Dolphin Cove climbed $1 to $8 with 15,616 stock units crossing the market, Everything Fresh rose by 10 cents to 73 cents transferring 25,006 shares, Express Catering shed 38 cents to end at $3.30 with 39,161 units traded. Fontana slipped 5 cents to $6 with 653 stocks changing hands, Fosrich gained 20 cents to close at $4.30 with an exchange of 33,259 shares, Honey Bun rose 5 cents to $5.90 trading 500 stock units. Indies Pharma increased by 10 cents to $2.90 with a transfer of 81,000 stocks, Iron Rock Insurance advanced 17 cents to $3.05 with 800 shares changing hands, Jamaican Teas gained 6 cents to settle at $2.99 with 2,814,874 stock units traded. Jetcon Corporation declined 5 cents to 69 cents with an exchange of 16,000 units, Knutsford Express jumped 55 cents to $6.75 trading 1,788 stocks, Lasco Distributors climbed 24 cents to $3.45 with the transfer of 3,000 shares. Lasco Manufacturing rose 5 cents to $4.25 with 108,611 stocks changing hands, Lumber Depot gained 18 cents to end at 52 weeks’ high of $2.18 with an ownership switch of 783,265 units, Mailpac Group advanced 10 cents to $4 with an exchange of 271,927 shares. Main Event fell 19 cents to $3.30 with 68,569 stocks crossing the exchange, Medical Disposables shed 39 cents to close at $4 with 18,414 units traded and Stationery and Office Supplies fell 24 cents to $4.29 after trading 2,000 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Flavours, Caribbean Producers, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

More gains for JSE Junior Market

February 9, 2021 by IC Insider.com

Stocks eked out a modest 6.79 points rise on Tuesday to close at 2,821.49 after the market rose to 2,851.80 after almost 80 minutes of the Junior Market opening but closed with the more stocks rising than falling after an exchange of 30 percent more shares than on Monday, with a 37 percent increase in value.
Trading ended with 35 securities changing hands, down from 37 on Monday and closed with the prices of 13 stocks rising, 12 declining and 10 remaining unchanged.
At the close, the average PE Ratio ended at 13.9 based on ICInsider.com forecast of 2020-21 earnings.
Trading closed with an exchange of 16,011,856 shares for $49,037,518 compared to 12,352,006 units at $35,748,528 on Monday. Derrimon Trading led trading with 35 percent of total volume, after an exchange of 5.60 million shares followed by Lasco Manufacturing with 25.4 percent for 4.07 million units and Lumber Depot with 13.7 percent of the day’s trade for 2.20 million units.
Trading averaged 457,482 units at $1,401,072 in contrast to 333,838 at $966,176 on Monday. Month to date, averaged 332,075 units at $915,371, exceeding 311,941 units at $837,392 on Monday. January closed with an average of 232,651 units at $569,885.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Access Financial lost 16 cents in closing at $21.84 and exchanging 32 shares, Derrimon Trading gained 9 cents to end at $2.60, in trading 5,601,035 stock units, Dolphin Cove rose 86 cents to $8, with investors swapping 234 units. Everything Fresh lost 9 cents in closing at 67 cents, with 435,085 shares crossing the exchange, Express Catering gained 10 cents to end at $3.70, in the swapping of 117,789 units, Fontana picked up 20 cents to end at $6.20 trading 131,692 stocks. Fosrich fell 15 cents to $4.30, with 26,624 stock units changing hands, General Accident slipped 12 cents to $5.81, in transferring 139,890 shares, Jamaican Teas ended 12 cents higher at $2.93, with 922,035 stock units crossing the market, Knutsford Express shed 33 cents in ending at $6.42, with an exchange of 7,132 units. Lasco Distributors gained 15 cents to close at $3.30, with 45,100 stocks clearing the market, Lasco Financial settled at $2.75, with gains of 14 cents trading 616,128 shares, Lasco Manufacturing lost 9 cents to close at $4.20, after 4,069,352 stock units crossed the exchange. Limners and Bards finished 5 cents lower at $2.50, with 232,334 units changing hands, Mailpac Group gained 19 cents to close at an all-time closing high of $4.15, in the transfer of 695,450 stocks and Medical Disposables picked up 6 cents to end at $4.40, with 5,595 shares changing hands.
In the preference segment, CAC 2000 9.5% preference share shed 18 cents to close at $1.02, in an exchange of 634 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, CAC2000, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity

Junior Market breaks 2,800 barrier

February 8, 2021 by IC Insider.com

The Junior Market index gained 17.73 points on Monday to close at 2,814.70 and is now up 6.5 percent for the year to date after the index traded over the 2,840 points level in the early morning session and closed with 72 percent more shares were exchanged than on Friday and values up 68 percent.
Trading ended with 37 active securities, down from 38 on Friday and closed with 19 stocks rising, 14 declining and four remaining unchanged.
At the close, the average PE Ratio ended at 14.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with an exchange of 12,352,006 shares for $35,748,528 compared to 7,184,445 units at $21,275,826 on Friday. Derrimon Trading controlled 46 percent of the volume changing hands, with 5.68 million shares followed by Jamaican Teas 16.8 percent, with 2.08 million units and Mailpac Group with 18.2 percent for 2.24 million units.

Trading averaged 33,838 units at $966,176 in contrast to 189,064 at $559,890 on Friday. The month to averaged 311,941 units at $837,392, compared to 307,465 units at $811,066 on Friday. January closed with an average of 232,651 units at $569,885.
Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Blue Power rose 28 cents to $3.08 after an exchange of 2,330 shares, CAC 2000 fell $1 to $9, with 1,879 stock units crossing the exchange, Caribbean Assurance Brokers gained 5 cents to settle at $1.85, after a transfer of 5,701 shares. Caribbean Cream lost 5 cents to $4.95 trading 100 stocks, Caribbean Producers ended 8 cents higher at $2.83, in switching ownership of 66,481 stock units. Dolphin Cove shed 81 cents to $7.14, in an exchange of 2,395 units, Elite Diagnostic gained 19 cents to end at $2.94 trading 102,747 shares. Express Catering picked up 10 cents to $3.60, with 57,100 units changing hands, Fontana gained 22 cents to close at $6, with the swapping of 47,506 shares. Fosrich rose 30 cents to $4.45 after transferring 10,559 stock units, General Accident dipped 12 cents to $5.93, trading 1,000 shares. Indies Pharma lost 6 cents to finish at $2.83, with 123,923 units crossing the market, Iron Rock Insurance slipped 22 cents to $2.88, with the swapping of 1,000 shares, Jamaican Teas gained 6 cents to end at $2.81 after trading at an all-time high of $3.05, in exchanging 2,081,193 units. Lasco Distributors finished 25 cents lower at $3.15, after the switching ownership of 24,743 shares, Lumber Depot dropped 2 cents in closing at $1.96 in trading 718,529 stock units. Medical Disposables closed at $4.34, with a loss of 16 cents in exchanging 262 units. Stationery and Office Supplies gained 24 cents to close at $4.53 in transferring 400 stocks and tTech fell 15 cents to $4.70 trading 890 units.
In the preference segment, CAC 2000 9.5% preference share gained 9 cents to end at $1.20, after clearing the market with 1,000 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Best performing stock market, Blue Power, CAC2000, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

Junior market closes just below 2,800

February 6, 2021 by IC Insider.com

Stocks moved higher at the close of trading with the Junior Market Index advancing 20.25 points to 2,796.97 on Friday to be up 5.8 percent for the year so far after more stocks rose than declined following a 69 percent decline in the volume of shares passing through the exchange with 97 percent drop in value compared with Thursday.
Trading ended with 38 securities changing hands, up from 34 on Thursday and closed with 15 stocks rising, nine declining and 14 remaining unchanged.
At the close, the average PE Ratio ended at 14.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with an exchange of 7,184,445 shares for $21,275,826 compared to 23,334,216 units at $62,643,592 on Thursday.
Mailpac Group was the volume leader with 31.3 percent of total volume after investors swapped 2.25 million shares followed by Lumber Depot with 23 percent for 1.65 million units and Derrimon Trading with 12 .7 percent with 914,014 units.
Trading averaged 189,064 units at $559,890 in contrast to 686,300 at $1,842,459 on Thursday. Month to date trading averaged 307,465 units at $811,066, compared to 338,928 units at $877,812 on Thursday. January closed with an average of 232,651 units at $569,885.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At close of trading, Access Financial rose $1 to $22, with the swapping of 1,045 units, Blue Power lost 25 cents to close at $2.80, in exchanging 11,345 units, Caribbean Assurance Brokers shed 5 cents to settle at $1.80, with a transfer of 3,500 stock units. Caribbean Cream fell 9 cents to $5, after the swapping of 5,481 stocks, Caribbean Producers gained 12 cents to close at $2.75, with 26,449 shares changing hands, Consolidated Bakeries ended 9 cents lower at $1.32 trading 86,405 units. Elite Diagnostic slipped 20 cents to $2.75, with an exchange of 3,930 shares, General Accident rose 12 cents to $6.05 transferring 2,000 stock units, Jamaican Teas climbed 6 cents to close at $2.75, with 552,675 units crossing the market. Knutsford Express closed at $6.75, with gains of 45 cents after trading 3,557 stock units, Lasco Distributors picked up 15 cents to end at $3.40 in exchanging 55,501 shares, Lasco Manufacturing gained 12 cents to finish at $4.32, with 157,640 stocks clearing the market and Medical Disposables rose 30 cents ending at $4.50, with 36,214 shares crossing the market.