3 changes to IC TOP 10

There are no changes to the TOP 10 main market stock list this week but the Junior Market TOP 10 list has new additions.
IC insider.com revised Paramount Trading earnings to 12 cents per share for the upcoming fiscal year starting June with the stock falling out of the list. General Accident closed the week at $4.50 and slipped off the list while Main Event enjoyed some price recovery, closing the week at $5.80 also moved out. AMG Packaging with the price slipping to $2, Jamaican Teas price moved down to what appears a bargain of $3.50 and tTech down to $5.50 reentered the TOP 10.
The three leading Junior Market stocks are Iron Rock with potential gains of 300 percent, Caribbean Producers 248 percent and Lasco Financial with potential gains of 215 percent.
The three leading main market stocks are, Victoria Mutual investments with 173 percent likely gain, is on top, followed by Carib Cement with potential to gain 172 percent for the year and Sterling Investments with 150 percent.
The main market closed the week with the overall PE at 13.6 and the Junior Market at 10.5. The PE ratio for Junior Market Top 10 stocks average 6.5 and the main market PE is now 8.3. These levels point to the huge upside for the TOP 10 stocks over the next 12 months.
The TOP 10 stocks now trade at an average discount of 38 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 39 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for each company’s current fiscal year, are used to determine the stocks selected. The PE for each stock and the projected gains are computed to show potential gains for the year. The projected gains are ranked to arrive at the selections, with the potential gains ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have interest in the securities commented on.

Falling stocks dominate Junior Market

Junior Market stock trading.

Trading on the Junior Market of the Jamaica Stock Exchange on Friday, ended with an exchange of 2,437,146 units valued at $10,799,411 down from 8,679,414 units valued at $30,344,251 on Thursday, with a 2 to 1 decline to advance ratio of stocks.
At the close of trading, just 22 securities changed hands, compared with 29 securities on Thursday. The Junior Market index fell 28.52 points to close at 3,062.70 as the prices of 7 securities rose, 12 declined and 3 remained unchanged.
Trading ended with an average of 110,779 units at $490,882 for each security trading, in contrast to 299,290 units for an average of $1,046,353 on Thursday. The average volume and value for the month to date amounts to 198,598 shares valued at $844,138 compared to 206,420 shares valued at $875,602 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, AMG Packaging ended 7 cents higher at $2.07 with 7,000 stock units changing hands, Blue Power traded 10,600 units with a loss of 5 cents to close at $4.60, Cargo Handlers settled with a loss of 4 cents at $12.54, with an exchange of 200 shares. Caribbean Producers finished trading 55,000 units at $4.60, Derrimon Trading ended with a loss of 35 cents at $2.52, with 322,500 shares changing hands. Elite Diagnostic settled with a loss of 5 cents at $3.20, with an exchange of 99,575 units, Express Catering ended trading of 285,463 shares with a loss of 10 cents at $7.90, FosRich Group exchanged 59,700 shares at $4, Fontana finished trading 707,485 shares with a loss of 12 cents to end at $3.94. General Accident closed 1 cent higher at $4.51, with 26,700 stock units changing hands, Honey Bun concluded trading of 7,437 shares with a loss of 5 cents to close at $3.80,  ICreate gained 3 cents to close at 98 cents, in trading 42,305 shares, at the close there was buying interest for 641,501 shares at 98 cents, Indies Pharma finished 7 cents higher at $3.08, with an exchange of 21,870 shares. Jamaican Teas traded 72,000 units with a loss of 30 cents to close at a 52 weeks’ low of $3.50. Knutsford Express  concluded trading of 3,500 stock units with a loss of 20 cents at $12.50,  Lasco Distributors  finished with a loss of 11 cents at $3.89, with 59,000 units changing hands, Lasco Financial  settled 4 cents higher at $4.45, with an exchange of 235,500 shares, Lasco Manufacturing  traded with 10,707 shares and rose 14 cents to $3.20. Medical Disposables  finished trading with a loss of 90 cents at $6.60, with an exchange of 26,962 stock units, Paramount Trading closed with a loss of 1 cent at $2.10, with 8,000 units crossing the exchange platform. Stationery and Office  concluded trading of 12,999 shares for a rise of 22 cents at $7.47 and tTech settled at $5.50, with 336,063 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Portfolio switch swells Junior Market trades

Trading on the Junior Market of the Jamaica Stock Exchange climbed sharply on Wednesday with 17,755,553 units valued at $89,888,819 crossing the exchange, compared to 2,988,737 units valued at $11,616,949 exchanged on Tuesday.
Trading level was swollen by a switch in ownership of shares within a group of companies, rather than a general pick up trading interest. The Junior Market index lost 22.39 points to close at 3,070.08 as declining stocks edged out advancing stocks for a second day.
Twenty seven (27) securities changed hands, compared with the same number on Tuesday. At the close of trading, prices of 10 securities rose, 11 declined and 5 remained unchanged.
Trading ended with an average of 657,613 units for an average of $3,329,215 in contrast to 110,694 units for an average of $430,257 on Tuesday. The average volume and value for the month to date amounts to 194,026 shares valued at $852,887 compared to 128,493 shares valued at $502,830 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of trading, Access Financial closed at $48, with 107,787 shares changing hands, AMG Packaging ended with a loss of 9 cents at $2.01, with an exchange of 1,456,154 stock units, Blue Power concluded trading of 103 units with a rise of 50 cents to close at $5. CAC 2000 finished 1 cent higher at $12.41, in trading 107,333 shares, Cargo Handlers settled at $12.65, with 5,000 shares changing hands, Caribbean Cream ended trading 100,000 shares, for 2 cents more at $5.27, Caribbean Flavours traded just 300 stock units in gaining $1.05 to close at $18. Caribbean Producers finished trading 9 cents higher at $4.60, while exchanging 146,400 units, Derrimon Trading ended 7 cents higher at $2.87, with 172,919 shares changing hands. Dolphin Cove concluded trading of 1,221,152 shares with a loss of $1.65 cents at $11.71, Everything Fresh finished 5 cents higher at $1.50, with 37,500 stock units trading, Elite Diagnostic settled at $3.25, with the trading of 2,756,030 units, Express Catering ended trading of 975,759 shares with a loss of 40 cents at $7.50. FosRich Group traded 78,897 shares with a loss of 9 cents at $4.16, Fontana closed 6 cents higher at $4.06, with 522,903 shares changing hands, General Accident closed with a loss of 55 cents at $3.95, while switching ownership of 2,422,309 stock units, GWest Corporation  ended at $1.75, trading just 647 units. ICreate fell 4 cents to close at 95 cents, in trading 36,885 shares,  Indies Pharma  finished with a loss of 5 cents at $3.11, with an exchange of 336,665 shares, Jamaican Teas  traded 51,111 units, with a loss of 5 cents at $3.75,  Jetcon Corporation  finished trading 33 cents higher at $3.10, with 33,533 shares changing hand. Lasco Distributors  finished with a loss of 6 cents at $3.70, with 1,318,768 units crossing the exchange, Lasco Financial  settled at $4.40, trading 47,833 shares, Lasco Manufacturing  ended trading 791,665 shares, with a loss of 10 cents at $3, Paramount Trading  closed at $2.11, with an exchange of 2,000,000 units, SSL Venture Capital ended 4 cents higher at $1.70, with 16,350 shares changing hands and Stationery and Office concluded trading of 3,011,550 shares with a loss of 3 cents to end at $7.47.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market steady – Tuesday

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Junior Market stock trading.

Stocks slips slightly in trading on the Junior Market of the Jamaica Stock Exchange on Tuesday, leading to a slippage of the market index by 1.99 points to 3,092.47 as declining stocks edged out advancers.
Twenty seven (27) securities changed hands, compared with the same number on Monday. At the close of trading, prices of 10 securities rose, 12 fell and 5 remained unchanged.
The market closed with 2,988,737 units valued at $$11,616,949 compared to 1,429,394 units valued $5,552,802 being exchanged on Monday.
Trading ended with an average of 110,694 units for an average of $430,257 in contrast to 52,941 units for an average of $205,659 on Monday. The average volume and value for the month to date amounts to 128,493 shares valued at $502,830 compared to 131,423 shares valued at $514,778 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 6 with lower offers.
At the close of trading, Access Financial fell $1 to close at $48, with 440 shares changing hands, AMG Packaging ended with 98,650 stock units trading and lost 15 cents to close at $2.10, Cargo Handlers settled at $12.65, with an exchange of 2,000 shares, Caribbean Producers finished trading 46,928 units and rose 1 cent higher to $4.51. Consolidated Bakeries closed at $2, with the trading of 3,000 shares, Derrimon Trading ended with a loss of 9 cents at $2.80, with an exchange of 68,000 shares, Everything Fresh  finished with a loss of 5 cents at $1.45, as 139,500 stock units traded, Elite Diagnostic settled 5 cents higher at $3.25, with 35,055 units passing through the market. Express Catering ended trading with 229,963 shares after a loss of 9 cents in closing at $7.90, FosRich Group traded 28,691 shares and rose 5 cents to $4.25, Fontana finished trading with 999,692 shares as the price slipped 10 cents to $4,  Honey Bun closed 13 cents higher at $3.85, in exchanging 500 shares. ICreate rose 5 cents to close at 99 cents, in trading 49,810 shares, Indies Pharma finished 16 cents higher at $3.16, with 108,168 shares changing hands. Jamaican Teas traded 5 cents higher at $3.80, with 53,685 units crossing through the exchange butt traded at a 52 weeks’ intraday low of $3.60. Jetcon Corporation  finished trading 3,741 shares at $2.77,  Knutsford Express concluded trading of 915 stock units with a loss of 10 cents at $12.80,  Lasco Distributors  finished 6 cents higher at $3.76, while trading 61,941 units, Lasco Financial settled at $4.40, with an exchange of 219,416 shares, Lasco Manufacturing  ended trading of 277,959 shares, 5 cents higher at $3.10.  Main Event  closed with a loss of 55 cents at $5.25, with 2,491 shares traded, Medical Disposables  finished trading with 2,100 stock units 50 cents higher at $7,  Paramount Trading  closed with a loss of 29 cents at $2.11, with 114,522 units changing hands, SSL Venture Capital lost 4 cents at $1.66, with 70,000 shares trading, Stationery and Office  concluded trading of 17,200 shares at $7.50 and tTech settled with a loss of 50 cents at $5.50, with 207,650 stock units trading. In the junior market preference segment, Derrimon Trading ended with a loss of 10 cents at $2, trading 146,720 stock units.

Prices of securities trading for the day are those at which the last trade took place.

Nice bounce for Junior Market – Monday

Fontana ended at a new closing high as selling pressure eases.

Stocks made strong gains in trading on the Junior Market of the Jamaica Stock Exchange on Monday, breaking four consecutive days of decline last week. The 2 to 1 positive advance decline ratio pushed the market index up 31.38 points to 3,094.46.
Twenty seven (27) securities changed hands, compared with 31 securities on Friday. At the close of trading the prices of 15 securities rose, 7 fell and 5 remained unchanged. FosRich Group ended at new closing high as well as Fontana that closed with very limited stocks on offer below $5.50, as demand for it has picked up.
The market closed with 1,429,394 units valued $5,552,802 being exchanged, compared to 3,286,973 shares valued at $12,890,201 on Friday.
Trading ended with an average of 52,941 units for an average of $205,659 in contrast to 106,031 units for an average of $415,813 on Friday. The average volume and value for the month to date amounts to 131,423 shares valued at $514,778 compared to 146,891 shares valued at $575,700 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of trading, AMG Packaging ended with a loss of 4 cents at $2.25, with 114,379 stock units changing hands, Caribbean Cream ended trading of 251 shares at $5.25, Caribbean Flavours dropped $1.54 to close at $16.95 after trading 2,000 stock units, Caribbean Producers finished trading 3 cents higher at $4.50, with 26,300 units changing hands. Derrimon Trading ended 9 cents higher at $2.89, with 21,600 shares switching ownership. Dolphin Cove jumped $1.76 higher to $13.36, with an exchange of 100 shares, Everything Fresh finished with a loss of 15 cents at $1.50, in trading 24,000 stock units, Elite Diagnostic settled at $3.20, with 126,553 units, Express Catering ended trading with a loss of 31 cents at $7.99, with 5,318 shares. FosRich Group gained 20 cents to end at a 52 weeks’ closing high of $4.20, trading 62,102 shares, Fontana finished trading of 307,794 shares and rose 10 cents to end at an all-time closing high of $4.10. General Accident closed 15 cents higher, at $4.50, with 121,000 stock units changing hands, GWest Corporation ended at $1.75, with an exchange of 6,172 units, Honey Bun concluded trading of 33,352 shares for 2 cents higher at $3.72. ICreate rose 1 cent to close at 94 cents, trading 66,000 shares.  Indies Pharma gained 25 cents to end at $3, with 119,744 shares trading, Jamaican Teas traded 56,495 units with a loss of 5 cents at $3.75,  Jetcon Corporation  closed 5 cents higher at $2.77, trading 6,460 shares. Knutsford Express  jumped 90 cents higher to $12.90, with 37,592 stock units changing hands, Lasco Distributors  closed at $3.70, with an exchange of 14,587 units, Lasco Financial settled with a loss of 19 cents at $4.40, in exchanging 153,968 shares. Main Event  traded 25,212 shares for an 80 cents hike to $5.80, Medical Disposables  finished with a loss of 50 cents at $6.50, with 14,000 stock units changing hands, Paramount Trading  closed 36 cents higher at $2.40, with an exchange of 1,283 units. SSL Venture Capital ended at $1.70, trading 44,732 shares, Stationery and Office concluded trading of 5,400 shares, after rising of 50 cents to $7.50 and tTech settled 50 cents higher at $6, with 33,000 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Cement tops main market TOP 10

Caribbean Cement is now IC Insider.com TOP 2019 main market stock.

Grace Kennedy moved up in price to $61 and is now at 13 spot, while Pulse Investments price slipped to $2.50 and moved into the TOP 10 main market stock list, replacing Grace. There were no movements in or out of the Junior Market TOP 10 listing.
IC insider.com revised Caribbean Cement earnings to $7 per share since the last report resulting from a reassessment of the amount expended on importing cement in 2018. Import of cement which cost more than $1 billion in 2018, is not expected to recur in 2019. That moved it to the top of the main market stocks. Earnings per share for General Accident was lowered to a more conservative 60 cents even though it could exceed that level, with the December 2018 quarter showing a 44 percent increase in gross premium income over the 2017 quarter, almost twice the 23 percent increase for the full year. If growth in the last quarter were to carry through in 2019, then a higher bottom-line can be expected. The earnings downgrade moved the company to the 10th spot on the list.
The three leading Junior Market stocks are Iron Rock with potential gains of 300 percent, Paramount with potential gains of 281 percent and Caribbean Producers 258 percent.
The three leading main market stocks are, Carib Cement is back on top with potential to gain 174 percent for the year followed by Victoria Mutual Investments with 173 percent likely gain and Sterling Investments with 167 percent.
The main market closed the week with the overall PE at 13.6 and the Junior Market at 10.2. The PE ratio for Junior Market Top 10 stocks average 6.3 and the main market PE is now 8.2. These levels point to the huge upside for the TOP 10 stocks over the next 12 months.
The TOP 10 stocks now trade at an average discount of 40 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 39 percent to the overall market.TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.

This report is compiled by persons who may have interest in the securities commented on.

Junior Market drops again – Thursday

Junior Market trading.

Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Thursday with more stocks declining than rising for a third day, leading to another fall in the market index of 26.87 points to 3,082.74.
At the close of market activities, 23 securities changed hands, compared with 28 securities trading on Tuesday and ending with the prices of 8 securities advancing, 13 declining and 2 remaining unchanged.
The market closed with 2,723,771 units valued at $7,748,383 compared to 3,968,653 units valued at $16,061,548, trading on Tuesday.
Trading ended with an average of 118,425 shares valued 336,886 each compared to 141,738 units for an average of $573,627 on Tuesday. The average volume and value for the month to date amounts to 158,840 shares valued at $622,459 compared to 170,040 shares valued at $701,594 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of trading, Access Financial lost $4 and closed at $49, with 5,313 shares changing hands, AMG Packaging lost 11 cents to end at $2.20, trading 252,300 stock units, Cargo Handlers settled at $12.85 with a loss of 5 cents, in exchanging 3,101 shares, Caribbean Cream rose 5 cents trading of 3,500 shares to close at $5.25. Caribbean Flavours traded 1,580 stock units with a fall of $2.01 to close at $18.49, Caribbean Producers finished trading 2,500 units and lost 3 cents to end at $4.47, Derrimon Trading ended 2 cents down at $2.91, with 15,720 shares changing hands, Everything Fresh fell 10 cents to close at $1.55, with 34,600 stock units trading. Express Catering ended trading with 3,025 shares, for a loss of 7 cents at $7.88, Fontana finished trading 145,041 shares, with a rise of 4 cents at $4, FosRich Group climbed 15 cents in trading 116,294 shares, to end at $4, General Accident shed 20 cents in closing at $4.30, with an exchange of 158,226 stock units. Honey Bun concluded trading of 14,006 shares with a loss of 5 cents at $3.70, investors gobbled up 450,683, iCreate shares, to close with a gain of 5 cents at 95 cents, Indies Pharma  rose 4 cents to $3, with 520,129 shares trading, Jamaican Teas  traded 52,575 units at $3.85, Knutsford Express  concluded trading of 1,289 stock units at $12. Lasco Distributors  finished 4 cent higher at $3.75, in exchanging 210,134 units, Lasco Financial  settled with a loss of 29 cents at $4.51, in trading just 2,150 shares, Lasco Manufacturing  added 1 cent and ended trading at $3.01, with 347,874 shares changing hands. Main Event  traded 56,028 shares with a loss of 79 cents at $4.56, Medical Disposables finished trading 6,500 stock units with a gain of 25 cents to close at $6.80, SSL Venture Capital lost 25 cents to end at $1.70, trading 321,203 shares.

Prices of securities trading for the day are those at which the last trade took place.

Kremi and LasM in IC Top 10

Profit for Stationery and Office Supplies fell well below expectations for 2018, resulting in a downward revision to the 2019 estimate to 75 cents per share that is not good enough to keep it in the TOP 10.
tTech rose to $6.20 to exit the TOP 10 Junior Market stocks. Caribbean Cream and Lasco Manufacturing moved into the list. There are no changes to the main market listing this past week. IC insider .com upgraded Caribbean Cement earnings to $6 per share helped by cost reduction and discontinuation of importing cement that is more costly than the local product.
The three leading Junior Market stocks are Paramount, with potential gains of 281 percent General Accident, with potential gains of 256 percent and Caribbean Producers 256 percent.
The three leading main market stocks are, Victoria Mutual investments with 162 percent likely gain, Radio Jamaica 148 percent and Sterling Investments with 147 percent and Sagicor Group with likely gain of 125 percent. Strong gains in the price of Carib Cement pushed it down to number 4 from 2 last week following strong increased profit for 2018.
The main market closed the week with the overall PE at 13.7 and the Junior Market at 10.6. The PE ratio for Junior Market Top 10 stocks average 6.4 and the main market PE is now 8.5.
The TOP 10 stocks now trade at an average discount of 40 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 38 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.

Falling stock prices hit Junior Market – Tuesday

Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Tuesday with more stocks declining than rising for the second day leading to another fall in the market index of 10.21 points to 3,109.61.
At the close of market activities 28 securities changed hands, compared with 29 securities trading on Monday and ending with the prices of 6 securities advancing, 13 declining and 9 remaining unchanged.
The market closed with 3,968,653 units valued at $16,061,548 trading, compared to 6,546,471 units valued at $26,108,684 exchanged on Monday.
Trading ended with an average of 141,738 units for an average of $573,627 in contrast to 225,740 units for an average of $900,299 on Monday. The average volume and value for the month to date amounts to 170,040 shares valued at $701,594 compared to 184,448 units valued at $766,741 on the previous day. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
At the close of trading, Access Financial closed at $53, with 642 shares changing hands, AMG Packaging ended at $2.31, trading 35,650 stock units, Blue Power concluded trading of 19,040 units, with a loss of 35 cents to close at $4.50, Cargo Handlers settled at $12.90 with a loss of 10 cents, exchanging 3,900 shares. Caribbean Flavours traded 8,119 stock units with a leap of $2.01 to close at $20.50, Caribbean Producers finished trading 63,841 units at $4.50, Derrimon Trading ended 23 cents higher at $2.93, with 36,758 shares changing hands, Everything Fresh finished 13 cents higher at $1.65, with 4,402 stock units trading, Elite Diagnostic settled at $3.30, with 10,100 units changing hands. Express Catering ended trading with 12,020 shares, for 10 cents higher to $7.95, FosRich Group traded 29,900 shares, for 5 cents higher at $3.85, Fontana finished trading 45,952 shares, with a loss of 5 cents at $3.96, General Accident closed at $4.50, with an exchange of 486,619 stock units. GWest Corporation ended with a loss of 5 cents at $1.75, trading 104,195 units, Honey Bun concluded trading of 53,158 shares with a loss of 5 cents at $3.75, investors dumped 257,234 ICreate shares to close at a record low of 90 cents, having fallen 11 cents. Indies Pharma ended with a loss of 4 cents at $2.96, with 9,200 shares trading, Iron Rock settled at $3.50, exchanging 4,832 shares, Jamaican Teas traded 74,106 units with a loss of 15 cents at $3.85, Jetcon Corporation lost 15 cents to end at $2.95, with the swapping of 27,400 shares. KLE Group ended with a loss of 30 cents at $2.80, with 550 shares changing owners, Knutsford Express  concluded trading of 4,311 stock units at $12, Lasco Distributors  finished 1 cent higher at $3.71, in exchanging 210,500 units, Lasco Financial  settled with a loss of 20 cents at $4.80, trading 2,260,678 shares. Lasco Manufacturing  ended trading at $3, with 182,048 shares changing hands, Main Event  traded 16,400 shares with a loss of 5 cents at $5.35, SSL Venture Capital ended at $1.95, trading 4,298 shares and Stationery and Office concluded trading of 2,800 shares with a loss of 20 cents to close at $8.20.

Prices of securities trading for the day are those at which the last trade took place.

17 Junior Market stocks fall on Monday

Fontana finished the trading of 3.7 million shares to end at a record close of $4.01.

Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Monday with 29 securities changing hands, compared with 26 securities trading on Friday and ending with the prices of 8 securities advancing, 17 declining and 4 remaining unchanged.
Market activities led to the Junior Market index dropping 23.96 points to close at 3,119.82 as of 6,546,471 units valued at $26,108,684 were exchanged, compared to 3,598,159 units valued at $16,062,046 on Friday.
Trading ended with an average of 225,740 units for an average of $900,299 in contrast to 138,391 units for an average of $617,771 on Friday. The average volume and value for the month to date amounts to units 184,448 valued at $766,741. In contrast, February closed with average of 235,225 units valued at $679,790 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of trading, Access Financial exchanged 200 shares to close at $53, AMG Packaging ended with a loss of 18 cents at $2.31, with an exchange of 18,331 stock units, Blue Power concluded trading of 11,150 units with a loss of 8 cents to close at $4.85. Cargo Handlers settled with a loss of 20 cents at $13, with 7,500 shares trading, Caribbean Cream ended trading of 4,500 shares, for 8 cents higher at $5.20, Caribbean Producers traded 44,000 units, with a loss of 10 cents in closing at $4.50, Derrimon Trading ended 10 cents higher at $2.70, with 90,990 shares changing hands. Dolphin Cove concluded trading of 77,298 shares, with a loss of 50 cents to end at $13.50, Everything Fresh finished 2 cents higher at $1.52, trading 38,000 stock units. Elite Diagnostic rose 10 cents to $3.30, with the trading of 16,229 units, Express Catering ended trading with 16,120 shares after rising 39 cents higher to close at $7.85, FosRich Group traded 120,668 shares, with a loss of 20 cents at $3.80. Fontana finished the trading of 3,702,697 shares and rose 5 cents to end at a record close of $4.01, General Accident closed at $4.50, with 32,665 stock units crossing the exchange trading platform, Honey Bun ended trading 12,744 shares with a loss of 1 cent at $3.80, ICreate swapped 60,985 and rose 1 cent to close at $1.01. Indies Pharma lost 14 cents to close at $3, with 78,934 shares changing hands, Iron Rock settled with the trading 30,000 shares at $3.50, Jamaican Teas  lost 24 cents to close at $4, with trading 14,090 units, Jetcon Corporation  finished trading with 26,734 shares but lost 20 cents to close at $3.10.  Knutsford Express  concluded exchanging 2,670 stock units, with a loss of 87 cents to end at $12,  Lasco Distributors  finished with a loss of 9 cents at $3.70, with 985,338 units changing hands. Lasco Financial  settled 60 cents higher at $5, with an exchange of 659,332 shares, Lasco Manufacturing  ended trading with 257,520 shares after declining 24 cents at $3,  Main Event traded 7,286 shares at $5.40,  Medical Disposables  swapped 18,300 stock units with a loss of 5 cents at $6.55. Paramount Trading closed with a loss of 4 cents at $2.04, with 211,090 units changing hands, Stationery and Office Supplies concluded trading of 1,000 shares with a loss of 10 cents, at $8.40 and tTech settled with a loss of 70 cents at $5.50, with and exchange of 100 stock units.

Prices of securities trading for the day are those at which the last trade took place.