Paramount Trading

10 Junior stocks rise 8 fall on Friday

August 25, 2017 by IC Insider.com

Stationery & Office Supplies traded the most shares on the Junior Market on Friday.

Trading on the Junior market of the Jamaica Stock Exchange ended on Friday with 22 securities changing hands, 10 advanced, 8 declined and 4 traded firm with 3,210,758 units valued at $13,020,965 compared to 1,314,753 units valued at $5,648,856 on Thursday.
The market index follow up the loss of 27.42 points on Thursday with a moderate fall of 4.08 points to close at 3,082.57. The Junior Trading ended with an average of 145,944 units for an average of $591,862 in contrast to 54,781 units for an average of a mere $235,369 on Thursday. The average volume and value for the month to date amounts to 269,679 units valued at $1,666,377 compared to 277,412 units valued at $1,733,535 previously. In contrast, July closed with average of 536,395 units at $1,905,441 for each security traded.
Trading ended with the market sentiments still looking mixed, as 4 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, the last traded prices of securities and volume changing hands are, AMG Packaging concluding at $3.48 with 4,000 shares, Blue Power with a loss of $1.50 to settled at $40 with 862 shares, CAC 2000 finished at $7.95 with 5,574 shares, Cargo Handlers climbed 50 cents higher to settle at $10 with 3,064 units, Caribbean Producers gained 20 cents to end at $3.80 with 526,752 stock units. Eppley dropped $1 and ended at $12 with 17,606 shares, Express Catering fell 2 cents to $4.49 with 72,414 shares, Honey Bun climbed 77 cents higher to $5.50 with 34,946 units, Iron Rock fell 22 cents to $2.88 with 94,238 stock units. ISP Finance closed $1 higher to $20 with 6,101 shares, Jamaican Teas added 15 cents to finish at $4.90 with 16,266 units, Jetcon Corporation finished at $5 with 119,344 shares, KLE Group rose 15 cents to $2.75 with 154,726 shares, Knutsford Express climbed 80 cents higher and concluded trading at $14.50 with 4,512 shares, Lasco Distributors closed 20 cents higher at $7 with 29,318 shares, Lasco Financial jumped 50 cents higher to $4 with 4,649 shares. Lasco Manufacturing concluded trading at $4.50 with 61,225 shares, Main Event ended with a loss of 5 cents, at $4.50 with 94,318 shares, Medical Disposables closed with a loss of 50 cents at $5 with 6,459 shares, Paramount Trading gave back 40 cents and ended at $2.60 with 10,000 shares, Stationery and Office rose 15 cents to $4 closing with 1,933,085 shares changing hands, including a lot of 1,322,345 units at $3.95 and tTech ended with a loss of $1 at $7 with 11,299 shares.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, CAC 2000, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Emerging markets, Eppley, Express Catering, Honey Bun, ISP Finance, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Paramount Trading, Stationery and Office, Trading Activity, tTech

10 Junior Market stocks rise 11 fall

August 24, 2017 by IC Insider.com

Market activity on the Junior Market of the Jamaica Stock Exchange returned to more normal levels after heightened levels on Wednesday closing trading on Thursday with 1,314,753 units valued at $5,648,856 traded.
On Wednesday 26,534,388 units valued at $115,148,200 changed hands.
At the close on Thursday 24 securities changing hands resulting in 10 gaining, 11 falling and 3 trading firm, leading to the market index dropping 27.42 points to 3,086.65.
The Junior Trading ended with an average of just 54,781 units for an average of a mere $235,369 in contrast to 160,538 units for an average of $5,757,410 on Wednesday. The average volume and value for the month to date amounts to 277,412 units valued at $1,733,535 compared to 292,254 units valued at $1,833,412 previously. In contrast, July closed with average of 536,395 units at $1,905,441 for each security traded.
Trading ended with the market sentiments looking mixed for Friday’s activity, as 3 stocks ended with bids higher than their last selling prices and 2 with lower offers, the same level as Wednesday.
At the close of the market, the last traded prices of securities and volume traded and are: AMG Packaging with a loss of 2 cents, to $3.48 with 11,359 shares, CAC 2000 concluded trading at $7.95 with 1,842 shares, Cargo Handlers ending with a loss of 50 cents, to $9.50 with 4,000 shares, Caribbean Cream with a loss of 69 cents, to close at $5.90 with 147,103 shares. Caribbean Flavours closed at $13 with 750 shares, Caribbean Producers ending with a loss of 1 cent at $3.60 with 9,800 shares, Consolidated Bakeries recovered 45 cents in closing at $2.30 with 4,000 shares, Eppley climbed 61 cents higher and concluded trading at $13 with 700 shares, Express Catering finished with a loss of 49 cents at $4.51 with 110,541 shares, Honey Bun closed with a loss of 27 cents at $4.73 with 850 shares, Iron Rock closed 10 cents higher to finish at $3.10 with 2,750 shares, ISP Finance rose 50 cents higher and closed at $19 with 2,000 shares, Jamaican Teas finished with a loss of 43 cents at $4.75 with 11,000 shares, Jetcon Corporation lost 45 cents and closed at $5 with 129,150 shares, KLE Group climbed 34 cents higher and ended at $2.60 with 479,000 shares, Knutsford Express with a loss of 8 cents, finished at $13.70 with 5,879 shares, Lasco Distributors ended 5 cents higher at $6.80 with 112,407 shares, Lasco Financial concluded trading at $3.50 with 11,120 shares, Lasco Manufacturing closed with a loss of 2 cents at $4.50 with 12,148 shares, Main Event with a loss of 45 cents, ended at $4.55 with 5,514 shares, Medical Disposables traded 20 cents higher to $5.50 with 8,973 shares, Paramount Trading gained 10 cents to close at $3 with 7,712 shares, Stationery and Office Supplies climbed 5 cents higher to $3.85 with 222,755 shares and tTech jumped $1.50 higher and finished at $8 with 13,400 shares.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, CAC 2000, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Emerging markets, Express Catering, Honey Bun, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Paramount Trading, Stationery and Office, Trading Activity, tTech

Lasco group trades 24m Junior Market shares

August 23, 2017 by IC Insider.com

The Junior Market of the Jamaica Stock Exchange closed Wednesday with a big surge in trading volume of 26,534,388 units, valued at $115,148,200 compared to 2,495,496 units valued at $13,050,346 on Tuesday. Three Lasco companies accounted for 24 million of the shares trading in the market.
The Junior Market index dipped 13.70 points to end at 3,114.07 as 20 securities changed hands of which 7 advanced, 10 declined and none trading firm.
The Junior Trading ended with an average of 1,841,847 units for an average of $5,757,410 in contrast to 124,775 units for an average of $652, 517 on Tuesday. The average volume and value for the month to date amounts to 404,342 units valued at $1,833,412 compared to 301,663 units valued at $1,553,127 previously. In contrast, July closed with average of 536,395 units at $1,905,441 for each security traded.
Trading ended with the market sentiments looking mixed for Thursday’s activity, as 3 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, the last traded prices of securities and the volume traded and are: AMG Packaging settling with a loss of 50 cents at $3.50 with 84,705 shares, CAC 2000 ended 10 cents higher at $7.95 with 1,600 shares, Cargo Handlers fell 50 cents and concluded trading at $10 with 1,938 shares, Caribbean Cream ending with a loss of 11 cents, at $6.59 with 120,416 units, Consolidated Bakeries with a loss of 30 cents to $1.85 with 41,650 shares, Dolphin Cove with a loss of 10 cents, to close at $17.40 with 3,387 shares. Express Catering lost 10 cents to end at $5 with 89,449 shares, ISP Finance finished $1.24 higher at $18.50 with 1,440 shares, Jamaican Teas added 3 cents higher to $5.18 with 869,166 shares, Corporation concluded trading 4 cents higher t0 $5.45 with 62,479 shares, KLE Group ending with a loss of 24 cents to $2.26 with 535,402 shares, Knutsford Express with a loss of 49 cents, finished at $14.50 with 16,444 shares, Lasco Distributors fell 5 cents and finished at $6.75 with 4,559,191 shares, Lasco Financial traded 12,091,213 shares with a loss of 50 cents to end at $3.50, Lasco Manufacturing ending trading 2 cents higher to $4.52 with 7,446,903 shares. Main Event inched 9 cents higher and finished at $5 with 102,913 shares, Medical Disposables climbed 10 cents to $5.30 with 335 stock units, Paramount Trading ended with a loss of 4 cents, to $2.90 with 70,970 shares, Stationery and Office lost 20 cents, to end trading at $3.80 with 429,587 shares and tTech closed with a loss of 94 cents, to $6.50 with 5,200 shares.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, CAC 2000, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Emerging markets, Express Catering, Honey Bun, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Paramount Trading, Stationery and Office, Trading Activity, tTech

12 Junior stocks rose as 6 fall

August 22, 2017 by IC Insider.com

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Trading on the Junior Market of the Jamaica Stock Exchange closed on Tuesday with 20 securities changing hands, 12 advanced, 6 declined and 3 traded firm with 2,495,496 units valued at $13,050,346 compared to 4,968,253 units valued at $16,371,552 on Monday.
The Junior Trading ended with an average of 124,775 units for an average of $652, 517 in contrast to 225,830 units for an average of $744,161 on Monday. The average volume and value for the month to date amounts to 301,663 units valued at $1,553,127 compared to 315,269 units valued at $1,622,404 previously. In contrast, July closed with average of 536,395 units at $1,905,441 for each security traded.
Trading ended with the market sentiments looking mixed for Wednesday’s activity, as 4 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, stocks trading and their last traded prices are: Access Financial closed 5 cents higher and finished at $46.25 with 12,437 shares, AMG Packaging climbed 50 cents and ended at $4 with 70,000 shares, Blue Power climbed $1.50 and settled at $41.50 with 30,840 shares, Caribbean Cream rose 70 cents to $6.70 with 50,972 shares, Consolidated Bakeries traded at $2.15 with 106,223 shares, C2W Music gained 5 cents and closed at 43 cents with 10,000 shares, Dolphin Cove added 9 cents and ended at $17.50 with 4,303 shares, Express Catering with a loss of 15 cents, finished at $5.10 with 167,140 shares, General Accident closed at $2.60 with 53,470 shares, Jamaican Teas settled 15 cents higher at $5.15 with 1,753 shares, Jetcon Corporation with a loss of 29 cents, closed at $5.41 with 3,007 shares, KLE Group ended 5 cents higher at $2.50 with 12,450 shares, Knutsford Express inched 2 cents higher to finish at $14.99 with 5,102 shares, Lasco Distributors lost 20 cents and concluded trading at $6.80 with 98,840 shares, Lasco Financial moved 5 cents higher to $4 with 210,222 shares, Lasco Manufacturing ended 17 cents higher to close at $4.50 with 1,025,000 shares, Main Event with a loss of 17 cents, finished at $4.91 with 11,664 shares, Stationery and Office trimmed 20 cents and finished at $4 with 411,573 shares as some investors move for the exit after a successful public issue and strong gains in the price after listing, tTech jumped $1.44 higher to $7.44 with 190,000 shares and Derrimon Trading preference share, lost 10 cents in traded 20,500 shares at $2.10.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, CAC 2000, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Derrimon Trading, Dolphin Cove, Emerging market stock, Express Catering, Honey Bun, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Paramount Trading, Stationery and Office, Sweet River, tTech

Junior market inched higher on Monday

August 21, 2017 by IC Insider.com

The majority of Junior Market stocks gained at the close of trading on Monday as 22 securities changing hands. The prices of 9 stocks rose, 7 declined and 6 traded firm, with the market Index rising 7.61 points to end at 3,132.76.
The market closed with 4,968,253 units valued at $16,371,552 changing hands compared to 1,716,953 units valued at $8,024,988 on Friday. KLE Group accounted for 46 percent of trading volume and recently listed Stationery and Office 19 percent.
The Junior Trading ended with an average of 225,830 units for an average of $744,161 in contrast to 85,848 units for an average of $401,249 on Friday. The average volume and value for the month to date amounts to 315,269 units valued at $1,622,404, compared to 322,723 units valued at $1,695,591 previously. In contrast, July closed with average of 536,395 units at $1,905,441 for each security traded.
Trading ended with the market sentiments looking mixed for Tuesday’s activity, as 7 stocks ended with bids higher than their last selling prices and 6 with lower offers.
At the close of the market, the last traded prices of stocks trading and the volume of securities changing hands are: AMG Packaging ending with 11,050 shares at $3.50, Blue Power traded 1,757 shares at $40, CAC 2000 finished with 20,800 shares at $7.85, Cargo Handlers lost 50 cents and settled at $10.50 with 15,000 shares, Caribbean Cream dropped 74 cents, to end at $6 with 28,405 stock units, Caribbean Producers rose 1 cent and settled at $3.61 with 116,193 shares, Consolidated Bakeries closed at $2.15 with 626,000 shares, Derrimon Trading added 10 cents and finished trading at $7.10 with 10,800 shares, Dolphin Cove ended with a loss of 9 cents, at $17.41 with 14,197 units, Express Catering closing 2 cents higher to settle at $5.25 with 320,722 shares, Honey Bun ending 20 cents higher at $5 with 5,904 shares, Jamaican Teas settling at $5 with 55,118 shares, Jetcon Corporation climbing 20 cents higher to $5.70 with 95,850 shares, KLE Group finished trading 2,305,004 shares, 35 cents higher to $2.45, Knutsford Express concluded trading with a loss of 3 cents, traded at $14.97 with just 190 units. Lasco Distributors concluded trading 30 cents higher, to $7 with 206,005 shares, Lasco Financial jumped 55 cents higher to settle at $3.95 with 106,434 shares, Lasco Manufacturing lost 41 cents to finish at $4.33 with 20,206 shares, Main Event inched 8 cents higher to $5.08 with 26,603 shares, Paramount Trading finished at $2.94 with 15,000 shares, Stationery and Office declined 29 cents, to $4.20 with 961,015 shares, Sweet River traded just 863 units at $3.52 and tTech with a loss of 90 cents, settled at $6 with 6,000 shares changing hands.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, CAC 2000, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Derrimon Trading, Dolphin Cove, Express Catering, Honey Bun, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Paramount Trading, Stationery and Office, Sweet River, tTech

JMMB could continue higher

August 20, 2017 by IC Insider.com

JMMB Group traded at a 52 weeks’ closing high od $21.45.

Based on the trading activity for the past few days there seems to be increased interest in JMMB Group shares with a sharply declining supply being offered after the company released its first quarter results and announced that they have commenced commercial banking operations in Jamaica.
On Friday the price closed at $21.50 with 782,460 shares traded, after it traded at $23 in the morning session as supply totally dried up at one stage when only a small volume was on offer at $29, the first this has happened in a long time. At the close less than 240,000 units were offered for sales, with most quoted at $22.50. The group reported pretax profit rising to $995 million from $857 million in 2016 but profit after tax just inched up to $613 million from $590 in 2016.
Cable and Wireless came in for buying but sellers were just as interest in selling, in the end supply on the market has been shrinking. The stock could well see side-ways movement during the week, don’t be surprised if the price moves up as supplies around last week’s closing price recedes. NCB Financial Group has seen the price in Trinidad coming close to the Jamaican price on Friday, with demand still strong in that market and no stock on offer. The closing bid in TTSE suggests upward price movement can be expected. Supply in Jamaica is not great, it’s just that buyers are taking their time to acquire and could well be trying to hold out until close to the release of the full year’s results in early November. There was spirited buying of Barita Investments on Thursday gone, with 163,100 units being snapped up aggressively. There was no follow through of such aggression on Friday. It is anyone’s guess where this one will go, in the days ahead, but it is worth watching. Berger Paints pulled back to $14 during the week, with no announcement from its new parent company about the minority holdings. Ansa McAl announced that they would be making a submission about the 20 percent minority holdings in the Trinidad sister company, with no comments about the operations in Jamaica.

Consolidated Bakeries (Purity) stock could fall during coming week.

There is a fair bit of swing in the price of Stationery and Office Supplies with selling coming in during the week, but with buying more subdued than before. Investors can probably expect the price to swing between $4 and $5 for a while. The price could even falling into the $3 to $4 range depending on how fast sellers want to exit. At least that is what the bids and offers suggest, unless there are some increased buying in the week ahead.
Jamaican Teas after reporting nine months results with increased earnings per share over 2016, traded as high as $5.30 during the day but closed at $5 as increased interest was visible for the stock, suggesting that the price could rise further. Jetcon Corporation continues to attract buying interest after posting doubling of profits for the first six months of 2017 and traded as high as $5.70 before pulling back to $5.50 at the close on Friday, with bids to buy in line with the closing price. Paramount Trading came in for some buying with the price recovering from its fall to $2.50 recently after the company stated that they were I the process of constructing the Lubricant plant with operations to commence later this year. Currently supply below $4 is scanty.
Consolidated Bakeries reported a loss in its June quarter leading to a fall in the stock price. Selling continues with more than 660,000 units on offer at $2.15 and weak bids. Further decline is to be expected.

Filed Under: Stock Market, Stocks to watch Tagged With: Ansa Mcal, Berger Paints, Cable & Wireless, Consolidated Bakeries, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, JMMB Group, National Commercial Bank, NCB Financial Group, Paramount Trading, Stationery and Office Supplies, Trading Activity

Advancing Junior stocks edge out decliners

August 18, 2017 by IC Insider.com

Jamaican Teas one of teh more active stocks on the Junior Market after the company released 9 months results.

Trading closed with 20 securities changing hands, 7 advanced, 5 declined and 8 traded firm with 1,716,953 units valued at $8,024,988 compared to 13,753,371 units valued at $73,391,001 on Thursday.

Trading ended with the Junior Market Index rising 1.89 points to close at 3,125.15. The market closed with an average of 85,848 units at an average of $401,249 trading, in contrast to an average of 687,669 units at an average of $3,669,550 on Thursday. The average volume and value for the month to date amounts to 322,723 units valued at $1,695,591 compared to 309,916 units valued at $1,627,630 previously. In contrast, July closed with average of 536,395 units at $1,905,441 for each security traded.
Trading ended with the market sentiments looking strong for Monday’s activity as 7 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, stocks trading and their last traded price are: AMG Packaging with 21,000 shares at $3.50, Blue Power trading 700 shares at $40, CAC 2000 closed 35 cents higher at $7.85 with 3,000 shares, Caribbean Cream rose 4 cents to $6.74 with 54,000 shares, Caribbean Producers gained 21 cents to end at $3.60 with 32,362 shares, Consolidated Bakeries closed at $2.15 with 22,500 shares, Express Catering inched higher by 3 cents to $5.23 with 158,852 shares, General Accident closed at $2.60 with 11,757 shares, Honey Bun lost 20 cents and closed at $4.80 with 110 shares, Jamaican Teas closed 5 cents higher at $5.00 with 221,554 shares, after it traded at $5.30 in the morning session. Jetcon Corporation closed 9 cents higher at $5.50 with 95,280 shares, KLE Group closed at $2.10 with 277,000 shares, Knutsford Express closed at $15 with 4,171 shares, Lasco Distributors closed at $6.70 with 6,450 units, Lasco Financial lost 40 cents and ended at $3.40 with 155,500 shares, Lasco Manufacturing climbed 36 cents higher to $4.74 with 7,390 shares, Medical Disposables declined by 10 cents, to $5.20 with 13,000 shares, Paramount Trading closed at $2.94 with 2,872 shares, Stationery and Office Supplies traded 422,213 units with the price sliding 31 cents to $4.49 and tTech ended with a loss of 10 cents, at $6.90 with 207,242 shares changing hands.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, CAC 2000, Cargo Handlers, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Express Catering, General Accident, Honey Bun, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, Paramount Trading, Stationery & Office Supplies, tTech

89% of trades to 2 Lasco companies

August 17, 2017 by IC Insider.com

Lasco Manufacturing & Lasco Distributors, combined, traded 89% shares on Thursday.

Two Lasco companies dominated trading on the Junior Market of the Jamaica Stock Exchange on Thursday, accounting for 89 percent of the volume traded. Lasco Distributors accounted for 4.9 million units and the manufacturing sister company 7.35 million units.
Trading closed with 20 securities changing hands, 5 advanced, 5 declined and 7 traded firm with 13,753,371 units valued at $73,391,001 compared to 28,446,953 shares valued at $130,472,160 on Wednesday when Jamaican Teas traded over 25 million shares. The Junior Market Index rose 10.72 points to close at 3,123.26.
Trading ended with an average of 687,669 units for an average of $3,669,550 in contrast to 1,293,043 units for an average of $5,930,553 on Thursday. The average volume and value for the month to date amounts to 344,257 units valued at $1,813,259 compared to 309,916 units valued at $1,627,630 previously. In contrast, July closed with average of 536,395 units at $1,905,441 for each security traded.
Trading ended with the market sentiments looking stronger for Friday’s activity as 10 stocks ended with bids higher than their last selling prices and 3 with lower offers.
The volume of stocks changing hands on Thursday and the last traded prices are: Access Financial with 27,855 shares at $46.20, AMG Packaging with 3,100 shares at $3.50, Blue Power losing $1.50 in trading 550 shares at $40, CAC 2000 closing at $7.50 with 1,659 shares, Cargo Handlers closed at $11 with 550 shares, Consolidated Bakeries lost 11 cents and ended at $2.15 with 2,000 shares, Dolphin Cove closed at $17.50 with 100 shares, Express Catering closed at $5.20 with 78,372 shares, General Accident closed at $2.60 with 89,694 stock units, Jamaican Teas ended at $4.50 with 793,230 units, Jetcon Corporation closed at $5.41 with 168,148 shares, KLE Group closed at $2.10 with 168,011 shares, Knutsford Express closed at $15 with 2,000 shares, Lasco Distributors exchanged 4,911,909 shares at $6.70, Lasco Financial closed at $3.80 with 6,898 shares after falling 5 cents, Lasco Manufacturing rose 5 cents to $4.38 with 7,352,203 shares, Medical Disposables climbed 30 cents to $5.30 with 165 shares, Paramount Trading rose 9 cents to $2.94 with 10,000 shares, Stationery and Office Supplies traded 122,333 units with the price rising 40 cents to $4.80 and tTech closed at $7 with 14,584 shares.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Blue Power, CAC 2000, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Express Catering, General Accident, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery & Office Supplies, tTech

Junior market drops again

August 16, 2017 by IC Insider.com

Jamaican Teas CEO, John Mahfood. The company traded 25m shares. on Wednesday.

Trading on the Junior Market of Jamaica Stock Exchange jumped on Wednesday with Jamaican Teas traded over 25 million shares as one large shareholder reorganized a portion of their holding. A total of 22 securities traded, 9 advanced 5 declined and 8 traded firm.
The Junior Market Index declined by 44.92 points to close at 3,112.54. Trading closed with 8 stocks ending with bids higher than their last selling prices and 4 with lower offers. The Market closed with 28,446,953 shares valued at $130,472,160 trading, compared with 2,187,410 shares valued at $12,791,307 on the previous day.
At the close of the market, the volume of stocks changing hands on Wednesday and the last prices they traded at are: Access Financial with 3,630 shares at $46.20, AMG Packaging closing with 4,624 shares at $3.50, CAC 2000 ended 35 cents higher to $7.40 with 46,692 shares, Cargo Handlers gained 30 cents to close at $11 with 1,000 shares, Caribbean Cream closed 80 cents higher at $6.70 with 1,877 shares, Consolidated Bakeries lost 24 cents, to close at $2.26 with 221,280 shares, after the company posted a loss in the June quarter on Lower revenues than in 2016. Derrimon Trading fell 90 cents, to $7 with 800 shares, Dolphin Cove closed at $17.50 with 5,534 shares, Express Catering with a loss of 1 cents, closed at $5.20 with 311,836 shares, General Accident with a loss of 7 cents, closed at $2.60 with 615,796 shares, Honey Bun closed at $5 with 4,500 shares, Jamaican Teas moved 25 cents higher to $4.95 with 25,101,325 shares, Jetcon Corporation climbed 20 cents higher to $5.50 with 43,070 shares, KLE Group closed 10 cents higher at $2.10 with 738,400 shares, Knutsford Express closed at $15 with 5,538 shares, Lasco Distributors rose 15 cents while closing at $6.70 with 576,888 shares, Lasco Financial lost 15 cents, and closed at $3.85 with 20,000 shares, Lasco Manufacturing closed at $4.33 with 71,292 shares, Main Event gained 5 cents to $5 with 3,732 shares, Paramount Trading closed at $2.85 with 64,224 shares, Stationery and Office Supplies traded 604,415 units with the price falling 59 cents to $4.40, and tTech rose 20 cents to $7 with 500 shares.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Blue Power, CAC 2000, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Emerging market, Express Catering, General Accident, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, junior market, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office Supplies, Trading Activity, tTech

Securities trading jump on Tuesday

August 15, 2017 by IC Insider.com

Trading in the Junior Market of the Jamaica Stock Exchange closed on Tuesday with a number of stocks declining out pacing those rising. The volume and value of stocks traded declined compared to that on Monday while the market index closed lower by 38.26 points to 3,157.46.
The Market closed with 2,187,410 shares valued at $12,791,307 trading compared with 5,636,428 valued at $31,083,116 on the previous day. A total of 28 securities traded compared 22 on Monday as 17 stocks declined, 2 advanced and 9 traded firm.
At the close of the market, stocks trading and their last traded price are: Access Financial with 35,383 shares trading, closed with a loss of 30 cents to end at $46.20, AMG Packaging closed with 25,000 shares at $3.50, Blue Power had 5,450 units changing hands with fall of 50 cents to $41.50, Cargo Handlers with a loss of 30 cents, closed at $10.70 with 18,817 shares, Caribbean Cream closed with a loss of 84 cents, at $5.90 with 24,346 shares, Caribbean Producers ended 11 lower to $3.39 with 13,000 shares, Consolidated Bakeries lost 12 cents and closed at $2.50 with 1,627 shares, C2W Music closed at 38 cents with 18,237 shares, Derrimon Trading with a loss of 10 cents, closed at $7.90 with 12,065 shares, Dolphin Cove closed at $17.50 with 2,185 shares, Express Catering ended 20 cents higher at $5.30 with 319,964 shares, General Accident closed at $3.30 with 46,866 shares, Honey Bun closed 20 cents higher at $5 with 4,066 shares, Iron Rock closed at $3 with 38,000 shares, Jamaican Teas closed at $4.70 with 7,346 shares, Jetcon Corporation with a loss of 1 cent, closed at $5.30 with 176,320 shares, KLE Group closed at $2 with 23,000 shares, Key Insurance with a loss of 5 cents, closed at $3 with 5,000 shares, Knutsford Express closed at $15 with 9,850 shares, Lasco Distributors with a loss of 15 cents, closed at $6.55 with 149,100 shares, Lasco Financial traded at $4 with 54,927 shares, Lasco Manufacturing with a loss of 37 cents, closed at $4.33 with 41,292 shares, Main Event fell 5 cents, and closed at $4.95 with 117,083 shares, with a loss of 5 cents, Medical Disposables closed at $5 with 200,000 shares, after falling 50 cents, Paramount Trading eased 5 cents closed at 5 cents with 47,256 shares, Stationery and Office Supplies traded 725,061 units with the price falling 41 cents to $4.99, Sweet River dipped 3 cents, to $3.52 with 60,169 shares and tTech dropped $1 and closed at $6.80 with 6,000 shares.