Activity on the Junior Market closed with 9 securities trading and ended with 92,474 units valued at $196,263. The JSE Junior Market Index fell 6.51 points to close at 696.46, with the price of only 1 advancing and 5 declining.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and 1 with the offer lower. The junior market ended with 3 securities closing with no bids to buy. There were 6 securities that had no stocks being offered for sale.
The stocks trading on Thursday are, AMG Packaging closed with 8,291 units trading at $2.19 to gain 4 cents, General Accident Insurance trading 1,984 shares and ended at $1.80, Honey Bun ended with 3,000 units trading at $1.95, Eppley 9.5% preference share closed with 3,988 units trading at $6, Paramount Trading ended trading with 20,000 units trading at $3.30.
Caribbean Flavours closed with 2,000 shares trading lower by 1 cent at $2.21. Lasco Financial Services ended trading with 2,600 shares changing hands, closed 1 cent lower at $1, Caribbean Producers ending with 8,496 shares changing hands at $2.01 after it fell 18 cents, Lasco Distributors closed with 17,115 shares changing hands to close at $1.44but eased 1 cent and Lasco Manufacturing closed 1 cent down at $1.19 with 25,000 shares changing hands.
5 stocks fall to 1 rising on junior market
Bids of 7 stocks above last sale
Activity Trading on the Junior Market closed with only 5 securities traded and ended with 510,555 units valued at $1,054,385. The JSE Junior Market Index lost 0.64 points to close at 696.43, with the price only 1 advancing and 1 declining but at the close there were stock ending with bids above the last sale prices, an indication that demand exceed supply in quite a large number of stocks in this market
At the close of the market, there were 7 stocks with bids higher than their last selling prices and none with lower offers. The junior market continues to reflect renewed interest with 4 securities closing with no bids to buy. There were 6 securities that had no stocks being offered for sale.
Paramount Trading ended trading with 155,860 units with the price rising 10 cents to $3.30, General Accident closed trading with 204,610 units at $1.80, Lasco Distributors traded 38,994 shares trading at $1.45, Lasco Financial ended with 107,800 units trading to end at $1 and Honey Bun closed with 3,291 shares trading 5 cents lower to $1.95.
Paramount jumps 16%
Activity Trading on the Junior Market closed with Paramount Trading closing with a gain of 44 cents or 16 percent as investors responded positively to the company’s strong increase in profits for the November quarter which were released prior to this week. Overall only 7 securities traded and ended with 738,464 units valued at $2,745,022 changing hands. The JSE Junior Market Index rose 3.55 points to close at 697.07, with the price 3 stocks advancing and no declining.
At the close of the market, there were 7 stocks with bids higher than their last selling prices, no stock closed with the offer lower. The junior market continues to maintained investors interest with 4 securities closing with no bids to buy. There were 6 securities that had no stocks being offered for sale.
Stocks trading in the junior market on Monday are, General Accident closing with 231,500 shares changing hands, with a gain of 3 cents to $1.80. Honey Bun finished with 10,000 shares trading, the price gained 5 cents to $2, Paramount Trading closed with 132,824 shares with the price gaining 44 cents to $3.20, the stock traded as high as $3.30 before the close. Caribbean Producers finished with 11,100 units at $2.15, Dolphin Cove ended with 945 shares trading at $8.50, Knutsford Express closed with 302,000 shares at $5.85 and Lasco Distributors finished with 50,095 shares trading at $1.45.
3 junior stocks rose
Jamaican Teas stock gained the most in the junior market on Wednesday
At the close of the market, there were 5 stocks with bids higher than their last selling prices and no stocks with offers that were lower. The junior market closed with 6 securities closing with no bids to buy. There were 8 securities that had no stocks being offered for sale.
Stocks trading are, Jamaican Teas finishing with 64,302 units changing hands, to close 34 cents up at $2.85. Lasco Manufacturing ended with 70,700 shares changing hands with a gain of 5 cents, at $1.18, Paramount Trading ended with 17,342 units changing hands, to close 1 cent higher at $2.76. Eppley 9.5% preference shares traded 91,100 units at $6, General Accident finished with 34,667 shares changing hands at $1.75, Lasco Financial closed with 1,000 units trading at $1.05, AMG Packaging closed with 5,000 units trading as the price slipped 1 cent to $2.14 and Lasco Distributors finished with 64,500 shares changing hands 5 cents lower to $1.45.
Lasco companies push junior market
Heating of raw material to make bottles for Lasco’s new drinks
Trading on the Junior Market resulted in only 6 securities trading with 97,920 units valued at $153,520 changing hands. The JSE Junior Market Index rose 13.93 points to close at 703.13, putting it back to levels that existed in early July last year. There were 4 advancing stocks, none declined.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 1 with the offer lower. The junior market continues to reflect renewed interest with 7 securities closing with no bids to buy. There were 7 securities that had no stocks being offered for sale.
Stocks trading on Tuesday are, Lasco Distributors ending with 11,422 shares changing hands to close with a gain of 5 cents, at $1.50, Lasco Manufacturing ended trading with 28,620 shares changing hands to close 3 cents higher at $1.13, Medical Disposables finished trading with 9,000 shares, with a gain of 10 cents to $1.85. Paramount Trading finished with 1,939 shares changing hands to close 4 cents higher at $2.75, General Accident closed with 44,650 units trading at $1.75 and Lasco Financial closed with 2,289 shares changing hands at $1.05.
Junior market up 1st trading day of 2015
Caribbean Cream traded at 77 cents to gain 2c but closed with the bid at 80c.
At the close of the market continues to reflect renewed interest in junior stocks with 6 securities closing with no bids to buy and 8 securities that had no stocks being offered for sale, in addition there were 6 stocks with bids higher than their last selling prices and none with offers that were lower.
The stocks trading are, AMG Packaging trading 22,220 shares with the price rising 25 cents to $2.15, Caribbean Cream ended with 68,000 shares changing hands to close 2 cents higher at 77 cents, Caribbean Producers closed with 9,935 shares with the price rising 8 cents to $2.11, Paramount Trading finished with 42,000 shares changing hands to close 9 cents up to $2.71.
Lasco Distributors finished with only 1,850 shares changing hands at $1.45, Lasco Manufacturing ended with 116,962 shares changing hands to close at $1.12, Derrimon Trading closed with 3,000 units changing hands, the price slipped 5 cents to $2.10 and Dolphin Cove ended with only 100 shares trading 20 cents lower to $8.80.
Honey Bun new low of $1.70
Activity Trading on the Junior Market closed with only securities traded and ended with 566,814 units valued at $860,032. The JSE Junior Market Index fell 7.75 points to close at 679.54, with the price of one stock advancing and five declining.
Honey Bun closed at a new high of $6.60 on Monday.
At the close of the market, there was one stock with a bid higher than the last selling prices and none with a lower offer. The junior market is lowly regaining strength but not there yet, with five securities closing with no bids to buy. Eight securities had no shares offered for sale, a positive indicator that prices could be rising shortly.
Paramount Trading ended with 19,429 shares trading with a gain of 6 cents to $2.62, AMG Packaging closed with 580 shares trading at $2.15, Lasco Manufacturing closed with 128,435 shares changing hands to close at $1.10, Access Financial closed with 11,000 units trading, the price slipped 4 cents, to $8.96. Dolphin Cove lost 40 cents to close at $8.10 and finished trading with 3,200 shares. Honey Bun ended trading with 7,000 shares changing hands to close 30 cents lower at $1.70, for a new 52 weeks’ low, Lasco Distributors traded 291,300 units with the price slipping 5 cents $1.45 and Lasco Financial traded 105,870 shares lower by 7 cents at 98 cents.
3 junior stocks rose 1 fell
General Accident traded the most in volume on the junior market and had the highest gain
At the close of the market, there were 4 stocks with bids higher than their last selling prices and no stock with the offer lower. The junior market continues to exhibit weakness with 7 securities closing with no bids to buy. There were 8 securities that had no stocks being offered for sale.
In trading on Tuesday, IC Insider BUY RATED General Accident closed with 640,683 shares trading as the price ended 15 cents higher at $1.80, Lasco Financial saw trading in 578,398 units and put on 8 cents to $1.05, Paramount Trading ended with 14,650 shares changing hands 1 cent higher to $2.56. Eppley traded 107 shares at $380 and Caribbean Producers traded 38,478 shares but lost 8 cents to end at $2.07.
Jamaican Teas at new low
The Orchid property being developed that should add to Jamaican Teas’ profits in 2015 & 2016.
Trading in the Junior Market closed with 6 securities traded and ended with 122,569 units valued at $215,553 being active. The JSE Junior Market Index fell 3.08 points to close at 665.49, with the price of one advancing 3 declining. At the close of the market, there were 2 stocks with bids higher than their last selling prices and none with offers that were lower. The junior market remains on the weak side with 8 securities closing with no bids to buy. There were 6 securities that had no stocks being offered for sale.
General Accident closed with 92,805 units trading, the price slipped 10 cents to $1.65, Honey Bun completed trading with 10,018 shares changing hands to close 10 cents up to $2, Jamaican Teas finished with 5,000 shares trading lower by 34 cents $2.50, to a new an all-time low. Paramount Trading ended trading with 7,000 shares changing hands to close at 5 cents lower at $2.55, Caribbean Producers ended trading with 1,746 shares changing hands to close at $2.15 and Consolidated Bakeries closed with 6,000 shares at 82 cents.
Lasco Manufacturing dominates juniors
Heating of raw material to make bottles for Lasco’s new drinks
At the close of the market, there were 1 stock with the bid higher than the last selling price and 5 stocks with offers that were lower. The junior market continues to exhibit weakness with 7 securities closing with no bids to buy. There were 5 securities that had no stocks being offered for sale.
Cargo Handlers concluded trading with 500 shares while gaining 90 cent $15, the high first reached in February this year. Lasco Distributors ended trading with 407,000 shares and increased of 10 cents to $1.50, Lasco Financial closed with 3,000 shares as the price climbed 1 cent to 94 cents. Lasco Manufacturing finished trading with 2,483,104 shares changing hands, to close 3 cents higher to $1.02, Paramount Trading saw trading in 15,255 shares as the price climbed 5 cents to $2.60, Caribbean Cream ended with 457,500 shares changing hands, to close at 71 cents and Access Financial ended with 100 shares changing hands to close at $10.01.
Blue Power released six months results to October showing profits of $52 million compared to $55 million in the same in 2013. For the three months profit declined to $22.8 million from $25.2 million as the lumber division contributed lower revenues than in 2013. Earnings per share are still strong at 91 cents and should go on to approach the $2 level by year end.
