Paramount Trading

More gains for Junior stocks

January 18, 2021 by IC Insider.com

Stocks pushed higher in trading on Monday to post year to date gains of just over three percent, with the Market Index increasing 22.89 points to 2,725.48 as the Junior Market of the Jamaica Stock Exchange closed after rising stocks exceeded declining ones.
Trading ended with 37 securities changing hands compared to 35 on Friday, with prices of 14 stocks rising, 13 declining and 10 remaining unchanged. Jamaican Teas and Mailpac ended at record closing highs.
The average PE Ratio ended at 13.9 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 13 percent fewer shares with 32 percent lower value than on Friday as 9,478,771 shares traded for $18,322,788, down from 10,923,530 units at $27,075,114 on Friday.
Tropical Battery led trading with 50.2 percent of total volume for 4.76 million shares followed by Jamaican Teas with 15.2 percent for 1.44 million units and Derrimon Trading with 1.15 million units for 12.2 percent market share.
Trading averaged 256,183 units at $495,210, in contrast to 312,101 at $773,575 on Friday. Trading month to date averaged 224,762 units at $545,641, compared to 221,421 units at $551,003 on Friday. December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of trading, Blue Power lost 9 cents ending at $2.81, in exchanging 15,922 shares, Caribbean Assurance Brokers gained 6 cents to close at $1.86 trading 13,665 stock units, Caribbean Cream shed 40 cents to finish at $4.30, with investors swapping 7,800 units. Caribbean Flavours rose 5 cents to $1.65, after a transfer of 24,204 stocks, Caribbean Producers closed at $2.61, with a loss of 14 cents, in exchanging 68,474 shares. Express Catering ended 21 cents lower at $3.55, with the swapping of 12,913 stocks, Fontana shed 30 cents to end at $5.40 trading 238,408 shares, General Accident rose 12 cents to $6.37, in swapping of 500 units, Honey Bun shed 5 cents to close at $5.54, with 3,600 shares changing hands. Indies Pharma gained 5 cents to close at $2.50, after 38,684 stock units, crossed the market, ISP Finance advanced by $3.39 to $22.89, and transferred 5,000 shares, Jamaican Teas rose 29 cents to $2.77, with an exchange of 1,444,299 stock units, Lasco Distributors closed 22 cents higher at $3.40, in clearing the market with 118,975 shares. Limners and Bards slipped 20 cents to $2.62 after trading 50,000 units. Lumber Depot gained 13 cents in ending at $1.59, after switching ownership of 38,266 stock units, Mailpac Group rose 15 cents to $3.90, with an exchange of 798,398 shares, Medical Disposables closed at $4.22, after gaining 12 cents transferring 57 stock units. Stationery and Office Supplies slid 44 cents to $4.10, with 31,308 units crossing the market, Tropical Battery slipped 12 cents to $1, trading 4,760,765 shares after the company posted audited accounts showing profit falling to just $29 million from $73 million based on the interim, full-year results. tTech lost 5 cents to close at $4.10, with 29,396 units crossing the exchange.

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, Derrimon Trading, 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, Junior Market Daily Trading, 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

Junior Market nearing March 4 level

January 16, 2021 by IC Insider.com

The young bulls continue to push upward pressure on the Jamaica Stock Exchange Junior Market in January moving the market up 2.2 percent to date, with a 22.27 points rise on Friday to 2,702.59, surpassing the mid-April high of 2,686.90.
The market index is now only 57 points away from the next high point of 2,758.76 points on March 4, last year, but still some way off from the March high at the start of that month.
Trading ended with 35 securities changing hands, up from 33 on Thursday and concluded with prices of 13 stocks rising, 15 falling and seven closed unchanged.
The market closed with investors exchanging 11 percent fewer shares with 15 percent lower value than on Thursday as 10,923,530 shares traded for $27,075,114, down from 12,301,306 units at $31,743,002 on Thursday. The average PE Ratio ended at 14 based on ICInsider.com’s forecast of 2020-21 earnings.
Jamaican Teas led trading with 37.4 percent of total volume after trading 4.08 million shares, followed by Derrimon Trading 29 percent with an exchange of 3.17 million units and Caribbean Flavours with 11.4 percent market share with a transfer of 1.25 million stock units.
Trading averaged 312,101 units at $773,575in contrast to 372,767 at $961,909 on Thursday. Trading month to date, averaged 221,421 units at $551,003, up from 211,281 units at $526,115 on Thursday. December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, AMG Packaging slipped 4 cents to $1.65 trading 35,023 shares, Cargo Handlers shed 95 cents to end at $6.95 with an exchange of 960 units. Caribbean Cream dropped 28 cents to $4.70 with 133,687 stock units changing hands after the company reported nine month results to November, on Thursday, with profits doubling. Caribbean Flavours traded 1,246,924 shares and lost 5 cents to close at $1.60, Dolphin Cove declined by 74 cents to close at $8.76 with 5,066 stock units passing through the market, Elite Diagnostic fell 5 cents to $2.95 with 9,500 shares changing hands, Everything Fresh rose 5 cents to 75 cents with investors switching ownership of 8,488 stocks. Fontana rose 25 cents to $5.70, with an exchange of 76,181 units, Fosrich climbed 39 cents to $4.40 with 10,802 stock units changing hands, General Accident increased by 15 cents to $6.25 trading 12,000 shares. Indies Pharma dropped 25 cents to $2.45 with 33,018 units passing through the market, Jamaican Teas exchanged 4,080,360 shares and gained 13 cents to finish at $2.48, Knutsford Express increased 8 cents to $6.78 with 3,559 units traded, Lasco Financial fell 4 cents to $2.60 with a transfer of 103,165 stocks.

Lumber Depot dropped 9 cents to close at $1.46 with 131,622 stocks changing hands. Mailpac Group advanced 15 cents in trading 982,100 stock units to finish at a record closing high of $3.75, Main Event gained 10 cents to end at $3.10 with a transfer of 6,165 units, Paramount Trading rose 5 cents to $1.30 with 3,920 shares changing hands and Stationery and Office Supplies jumped 43 cents to $4.54 with 47,002 stocks traded.
In the preference segment, Derrimon Trading advanced 2 cents to $2.10 with 12,211 stock 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, Cargo Handlers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, 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, Junior Market Daily Trading, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity, tTech

Derrimon dominates Junior Market

January 13, 2021 by IC Insider.com

Derrimon Trading was the volume leader on the Junior Market of the Jamaica Stock Exchange for a second consecutive day on Wednesday, with 16.2 million shares changing hands at $2.40 as Mayberry group offloads a portion of the big holdings in the company.
Trading ended with 38 securities changing hands compared to 36 on Tuesday and closed with the prices of 14 stocks rising, 15 declining and nine ending firm and edging the Junior Market Index down 8.77 points to 2,647.80 for the second day of slippage after Mailpac ended at a new record closing high after it traded as high as $3.30 during the day.
The average PE Ratio ended at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 19,836,593 shares for $49,149,593 up sharply from 3,738,109 units at $9,393,036 on Tuesday. Derrimon Trading led trading for a second consecutive day with 81.6 percent of total volume, followed by Jamaican Teas with 5.4 percent for 1.08 million units and Mailpac Group with 5.4 percent for 1.06 million share units.
Trading averaged 522,016 units at $1,293,410, in contrast to 103,836 at $260,918 on Tuesday. Trading month to date averaged 192,249 units at $474,753 compared to 140,467 units at $346,204 on Tuesday. December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Blue Power shed 39 cents to settle at $2.89 trading 90 shares, Cargo Handlers rose 76 to $7.66, after clearing the market with 1,953 shares. Caribbean Cream gained 29 cents to end at $4.90, with 92,483 shares crossing the market, Caribbean Flavours picked up 5 cents to close at $1.65, in an exchange of 18,325 stocks. Caribbean Producers lost 5 cents to settle at $2.70, after clearing the market with 86,779 units, Consolidated Bakeries gained 16 cents to end at $1.36 with investors swapping 58,100 stocks, Dolphin Cove dropped $1.49 to close at $9.10, in an exchange of 4,821 units. Express Catering climbed 21 cents to $3.76 after exchanging 750 shares. Fosrich gained 12 cents in ending at $3.97 in an exchange of 7,050 stock units, General Accident shed 21 cents to close at $6, with 308,338 units changing hands, GWest Corporation picked up 14 cents to settle at 74 cents, after crossing the market with 2,600 stocks. Indies Pharma fell 24 cents to $2.31, with 204,285 stock units changing hands, Jamaican Teas gained 5 cents in closing at $2.35, in an exchange of 1,075,935 stock units. Knutsford Express lost 22 cents in ending at $6.58 trading 3,042 shares, Lasco Manufacturing lost 9 cents to settle at $3.80, in transferring 37,045 units, Mailpac Group closed 19 cents higher at $3.20, in switching ownership of 1,064,465 stock units. Main Event rose 27 cents to $3.24, after crossing the market with 150 stock units, SSL Venture lost 5 cents to settle at 50 cents, with an exchange of 83,250 stocks and Tropical Battery gained 6 cents to close at $1.18, trading 11,043 shares.
In the preference segment, Derrimon Trading preference share shed 2 cents to close at $2.08, in trading 2,200 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 Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, 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, Junior Market Daily Trading, 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 retreats modestly on Tuesday

January 12, 2021 by IC Insider.com

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Fewer stocks declined on Tuesday than on Monday but that was insufficient to prevent the market Index from losing 8.76 points to settle at 2,656.57 at the close of trading on the Junior Market of the Jamaica Stock Exchange with the market declining after 43 percent fewer shares traded than on Monday.
Trading ended with 36 securities, the same as on Monday, with 12 stocks rising, 14 declining and 10 remaining unchanged.
The market closed with 3,738,109 shares for $9,393,036 down sharply from 6,606,503 units at $19,339,751 on Monday. Derrimon Trading was the volume leader with 58.8 percent market share after an exchange of 2.2 million shares, followed by Mailpac Group accounting for 17.3 percent with 647,751 units and Jamaican Teas with 7.3 percent after an exchange of 273,458 units.
Trading averaged 103,836 units at $260,918 in contrast to 183,514 at $537,215 on Monday. Trading month to date averages 140,467 units at $346,204, down from 146,869 units at $361,108 on Monday. December averaged 263,428 units at $638,694.
At the close, the average PE Ratio ends at 13.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial dropped $2 to $21 with 2,150 shares changing hands, CAC 2000 jumped $1.60 to $12.25 as 2,000 stocks crossed the market. Cargo Handlers shed $1 to close at $6.90 with just one unit traded, Caribbean Flavours lost 5 cents to settle at $1.60 with 12,028 units changing hands. Caribbean Producers fell 7 cents to $2.75 with an exchange of 11,874 stocks, Elite Diagnostic advanced 28 cents to $2.99 with 50 shares trading, Everything Fresh gained 5 cents to finish at 74 cents with a transfer of 1,811 units. Express Catering lost 10 cents to settle at $3.55 with 3,400 stocks changing hands, Fontana dropped 20 cents to $5.50 with an exchange of 50,717 shares, GWest Corporation fell 10 cents to 60 cents with 83,942 stock units crossing the exchange. Honey Bun declined by 19 cents to $5.40 with 6,000 units traded, Indies Pharma fell 15 cents to $2.55 with a transfer of 36,362 stocks, Lasco Distributors gained 7 cents to end at $3.18 with 20,242 shares traded. Limners and Bards advanced 7 cents to $2.65 after switching ownership of 22,278 stocks, Lumber Depot added 5 cents to settle at $1.52 with 7,000 units changing hands. Mailpac Group exchanged 647,751 shares and gained 6 cents to close at a record closing high of $3.01, Medical Disposables fell 7 cents to $4.20 trading 105 units and tTech shed 74 cents to end at $4.16 with 11,969 shares crossing the exchange.

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, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Junior Market Daily Trading, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

More gains for Junior Market Index

January 11, 2021 by IC Insider.com

Investors keep on trading with more aggression since the start of the year, pushing the Junior Market of the Jamaica Stock Exchange higher, with gains of just under one percent ahead of the 2020 close, after the value of stocks trading climbed 22 percent on Monday over Friday.
Trading ended with 36 securities changing hands compared to 33 on Friday and closed with 11 stocks rising, 21 declining and four remaining unchanged.
At the close, the Junior Market Index increased 19.88 points to settle at 2,665.33, and the average PE Ratio ended at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 6,606,503 shares for $19,339,751 compared to 6,980,827 units at $15,826,363 on Friday.
Derrimon Trading accounted for 26.3 percent of total volume, with 1.73 million shares as the leading volume stock, followed by Jamaican Teas with 22.3 percent for 1.48 million units and Lasco Manufacturing with 18.7 percent for 1.23 million shares.
Trading averaged 183,514 units at $537,215 in contrast to 211,540 at $479,587 on Friday. Trading month to date averaged 146,869 units at $361,108, compared to 139,108 units at $323,815 on Friday. December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Blue Power gained 47 cents in closing at $3.28, with 2,600 shares changing hands, Cargo Handlers shed 10 cents to close at $7.90, with the swapping of 1,090 stocks, Caribbean Cream rose 20 cents to $4.60 after 106,353 units crossed the exchange. Consolidated Bakeries fell 13 cents to $1.20, in an exchange of 16,000 shares. Dolphin Cove closed at $10.59, with a loss of 41 cents and 2,642 shares crossing the exchange, Everything Fresh lost 6 cents in ending at 69 cents after trading 20,000 shares. Express Catering rose 18 cents to $3.65, in switching ownership of 500 stocks, Fontana fell 5 cents to $5.70, with 571,131 stock units clearing the market, Fosrich ended 13 cents lower at $3.85, in switching ownership of 29,497 shares. GWest Corporation lost 5 cents in closing at 70 cents, after exchanging 21,204 stocks, Indies Pharma gained 9 cents to settle at $2.70, after switching ownership of 78,051 stock units, Iron Rock Insurance lost 20 cents to close at $4, finishing with a transfer of 50 shares. Jamaican Teas rose 24 cents to $2.29, in an exchange of 1,476,016 stock units, KLE Group shed 16 cents to close at $1.16, with 5,000 units crossing the market. Lasco Distributors closed at $3.11, with a loss of 9 cents in exchanging 11,100 stock units, Limners and Bards fell 7 cents to $2.58, with an exchange of 30,351 stock units, Mailpac Group gained 7 cents in ending at $2.95, after crossing the market with 662,681 shares. Paramount Trading shed 10 cents in closing at 52 weeks’ low of $1.25 after trading 24,195 stock units, SSL Venture gained 9 cents to end at 59 cents after exchanging 1,000 units and Tropical Battery shed 5 cents ending at $1.13 trading 202,058 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: Best performing stock market, Blue Power, Cargo Handlers, 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

Rebound continues for Junior Market

January 7, 2021 by IC Insider.com

Investors’ confidence in stocks is returning, with three times as many shares rising at the close of trading on Thursday than those declining on the Junior Market of the Jamaica Stock Exchange.
The market index gained 14.47 points to 2,660.38, just 27 points below the close April 14^th last year of 2,686.90 but still below the previous higher close of 2758.76 on March 4.
Trading ended with 36 securities changing hands, up from 33 on Wednesday, ending with the prices of 14 rising, five declining and 17 remaining unchanged.
The average PE Ratio ended at 14 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 3,708,908 shares for $9,028,138 versus 5,219,009 units at $11,861,927 on Wednesday. Derrimon Trading led trading with 13.8 percent of total volume or 513,583 shares, followed by Mailpac Group accounted for 13 percent with a transfer of 482,322 units and Jamaican Teas with 12.8 percent with an exchange of 474,028 units.
Trading averaged 103,025 units at $250,782 in contrast to 158,152 at $359,452 on Wednesday. The month to date averaged 121,661 units at $286,293 compared to 128,304 units at $298,951 on Wednesday, which remains well below trading in December with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than its last selling price and three with lower offers.
At the market close, Caribbean Flavours fell 9 cents to $1.60 with 217,986 shares changing hands. Consolidated Bakeries advanced 23 cents to $1.36 with 1,819 stock units traded, Express Catering climbed 24 cents to $3.74 with 500 shares passing through the market, Fontana increased by 5 cents to $5.46 with a transfer of 277,081 stocks. Fosrich climbed 20 cents to $4.40 with an exchange of 4,185 units, Honey Bun slipped 5 cents to $5.65 with 11,082 stock units changing hands iCreate gained 8 cents to finish at 68 cents with 241,005 shares traded. Indies Pharma rose 5 cents to $2.70 with 8,799 units passing through the market, Knutsford Express climbed 24 cents, exchanging 75,676 units at $6.80. Lasco Distributors increased 5 cents to $3.20 with 66,153 stock units changing hands, Limners and Bards dropped 26 cents to $2.69 trading 448,162 shares, Mailpac Group had an exchange of 482,322 stocks and gained 13 cents to end at $2.95, Medical Disposables slipped 8 cents to $4.27 with a transfer of 8,593 stock units. Stationery and Office Supplies shed 25 cents to settle at $4.25 with 13,176 stocks changing hands and Tropical Battery rose 7 cents to $1.20 with 91,218 shares crossing the exchange.

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 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, 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 makes more gains

January 6, 2021 by IC Insider.com

Derrimon Trading was the volume leader for a second day with 45 percent of stocks traded as the Junior Market closed on Wednesday, with the market Index rising even as more stocks fell than rose after trading 8 percent fewer shares than on Tuesday.
Trading ended with 33 securities changing hands compared to 35 on Tuesday and closed with the prices of 13 stocks rising, 15 declining and five remaining unchanged.
At the close, the Junior Market Index climbed 6.21 points to settle at 2,645.91.
The average PE Ratio ended at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with trading of 5,219,009 shares for $11,861,927 compared to 5,677,928 units at $13,279,279 on Tuesday. Derrimon Trading led trading with 45.4 percent of total volume for 2.37 million shares, followed by Limners and Bards with 12.2 percent for 636,310 units and Jamaican Teas with 10.2 percent for 530,687 units.
Trading averaged 158,152 units at $359,452, in contrast to 162,227 at $379,408 on Tuesday. The month to date averaged 128,304 units at $298,951 compared to 113,819 units at $269,590 on Tuesday. December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the market’s close, Access Financial shed 49 cents to end at $23, with an exchange of 38 shares, Blue Power gained 26 cents to end at $3.26, trading 3,479 units, Cargo Handlers climbed $1.10 to close at $7.60, in exchanging 653 stock units. Caribbean Producers rose 15 cents to $2.75, with an exchange of 60,833 shares, Consolidated Bakeries shed 23 cents to settle at $1.13, in clearing the market with 800 units, Dolphin Cove gained 20 cents to close at $9 trading 2,621 units. Everything Fresh closed at 75 cents, with gains of 6 cents trading 73,255 shares, Express Catering lost 15 cents in closing at $3.50, in exchanging 6,824 stock units. Fontana closed 14 cents lower at $5.41, in switching ownership of 121,885 shares, Fosrich rose 20 cents to $4.20, with an exchange of 166 units, General Accident lost 7 cents to end at $6.18 trading 1,500 units. Jamaican Teas gained 4 cents to settle at $2.04, in transferring 530,687 shares, Lasco Distributors gained 3 cents to settle at $3.15, in exchanging 18,850 stock units, Lasco Financial shed 3 cents to settle at $2.70, after trading 1,037 units, Lasco Manufacturing lost 4 cents to close at $3.85, with 17,333 stock units changing hands. Limners and Bards gained 22 cents to close at $2.95, with a transfer of 636,310 shares, Lumber Depot lost 3 cents to close at $1.48, after exchanging 406,554 hares, Main Event declined by 20 cents to $3, in transferring 55,960 stock units and Medical Disposables gained 35 cents to end at $4.35 after exchanging 641 units.
In the preference segment, Derrimon Trading preference share gained 15 cents to close at $2.10, with 550 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, 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, Honey Bun, iCreate, 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, Trading Activity

Gains for Junior Market – Tuesday

January 5, 2021 by IC Insider.com

Prices of stocks suffered more declines than gains at the close of trading on the Junior Market of the Jamaica Stock Exchange on Tuesday, but the market Index rose as investors exchanged 175 percent more shares valued 163 percent higher than on Monday.
Trading ended with 35 securities changing hands compared to 33 on Monday and finished with prices of eight stocks rising, 15 declining and 12 remaining unchanged.
At the close, the Junior Market Index gained 19.51 points to settle at 2,639.70. The average PE Ratio ended at 13.8, based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 5,677,928 shares trading for $13,279,279, up sharply from 2,061,757 units at $5,052,813 on Monday.
Derrimon Trading was the volume leader with 65 percent of the day’s trade with an exchange of 3.69 million shares, followed by Jamaican Teas with 9 percent with a transfer of 510,981 stock units and Lumber Depot with 7.3 percent market share or 415,224 units.
Trading averaged 162,227 units at $379,408 in contrast to 62,477 at $153,116 on Monday. The month to date averaged 113,819 units at $269,590. December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial slipped 1 cent to $23.49 with an exchange of 2,900 shares, AMG Packaging gained 3 cents to finish at $1.69 trading 82,300 stocks, Cargo Handlers declined 1 cent to $6.50 with 5,472 units changing hands. Caribbean Assurance Brokers fell 3 cents to $1.86 with investors switching ownership of 13,284 stock units, Caribbean Cream rose 25 cents to $4.40 with 10,925 shares traded, Caribbean Producers dropped 22 cents to $2.60 with a transfer of 21,148 units. Consolidated Bakeries slipped 3 cents to $1.36 in exchanging 9,098 stocks, Express Catering rose 10 cents to $3.65 with 61,217 stock units passing through the market, General Accident rose 6 cents to $6.25 trading 36,761 shares. GWest Corporation lost 2 cents to end at 75 cents with investors switching 25,000 units, Indies Pharma gained 5 cents to $2.65 with a transfer of 45,435 stocks, Jamaican Teas traded 510,981 stock units and gained 1 cent to end at $2. Knutsford Express shed 24 cents to $6.56 with an exchange of 409 shares, Lasco Distributors slipped 4 cents to $3.12 with 45,000 stocks passing through the market, Lasco Financial fell 3 cents to $2.73 with 750 units changing hands. Lasco Manufacturing lost 1 cent to end at $3.89 with a transfer of 1,392 stock units, Limners and Bards dropped 21 cents to $2.73 with 97,888 shares traded, Lumber Depot exchanged 415,224 units and gained 1 cent to close at $1.51. Mailpac Group rose 1 cent to $2.81 with 208,418 stocks passing through the market, Medical Disposables fell 29 cents to $4 with 2,601 stock units changing hands, Paramount Trading lost 10 cents to finish at $1.35 with a transfer of 3,044 shares. SSL Venture declined by 7 cents to 50 cents trading 102,775 stocks and Tropical Battery slipped 4 cents to $1.15 with 158,459 units crossing the exchange.

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, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, 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, Medical Disposables, Paramount Trading, SSL Venture Capital, Trading Activity, tTech

Junior Market at 8 ½ months high

December 30, 2020 by IC Insider.com

Trading ended with 37 active securities down from 39 on Tuesday, as investors pushed prices of 20 stocks higher and four lower while holding prices of 13 stable, helping the Junior Market Index to inch 9.94 points higher, to 2,646.39, for the highest close of the Junior Market of the Jamaica Stock Exchange since April 14 this year.
At the close, 46 percent more shares were traded than on Tuesday, with 5,982,419 units changing hands for $14,795,087 compared to 4,103,575 units at $9,392,768 on Tuesday. The PE Ratio averages 14 based on ICInsider.com’s forecast of 2020-21 earnings.
Mailpac Group led trading with 47.6 percent of total volume for 2.85 million shares, followed by Tropical Battery with 19.2 percent with a transfer of 1.15 million units and Derrimon Trading with 5.2 percent market with an exchange of 312,827 shares.
Trading averaged 161,687 units at $399,867 in contrast to 105,220 at $240,840 on Tuesday. The month to date, averaged 269,327 units at $651,799, compared to 274,968 units at $665,002 on Tuesday. November closed with an average of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging rose 6 cents to $1.66 with an exchange of 1,591 shares, Blue Power advanced 11 cents to $3.40 with a transfer of 100 units. CAC 2000 jumped $1.99 to $11.99 with 287 stocks changing hands following release of full-year results, showing a profit of $33 million, with most of it earned in the last quarter. Cargo Handlers climbed 29 cents to $7.60 with 1,000 units traded, Caribbean Cream declined by 4 cents to $4.15 with 100,034 stock units passing through the market, Caribbean Flavours slipped 1 cent to $1.69 with 13,549 stocks changing hands. Dolphin Cove jumped $1.55 to close at $9 with an exchange of 51,250 shares, Elite Diagnostic advanced 19 cents to $3.05 with a transfer of 105,045 units, Fontana gained 17 cents to settle at $5.77 with 117,820 stocks changing hands. Fosrich rose 4 cents to $4.20 with 23,689 stock units traded, General Accident climbed 20 cents to $6.19 with 32,872 shares crossing the exchange, GWest Corporation closed 2 cents higher at 75 cents with ownership of 63,862 units switching. Indies Pharma increased by 5 cents to $2.71 with an exchange of 3 4,926 stock units, Jamaican Teas rose 2 cents to $1.99 with a transfer of 198,561 stocks, Jetcon Corporation advanced 23 cents to 79 cents with 37,231 stock units changing hands. Lasco Distributors rose by 8 cents to $3.16 trading 15,763 shares, Lasco Financial climbed 6 cents to $2.76 with 2,568 stocks changing hands, Lasco Manufacturing dropped 18 cents to $3.70 with investors switching ownership of 41,293 units. Limners and Bards rose 1 cent to $3.15 with 130,979 stock units traded, Lumber Depot gained 2 cents to end at $1.58 with a transfer of 272,500 shares, Mailpac Group exchanged 2,848,891 units and increased 9 cents to $2.88. Paramount Trading closed 1 cent higher at $1.45 with 15,085 stocks changing hands and Tropical Battery gained 8 cents to finish at $1.20 with 1,149,078 shares trading.
In the preference segment, Derrimon Trading fell 5 cents to $1.95 with 5,000 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, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, Trading Activity

Junior Market ends firm on Tuesday

December 29, 2020 by IC Insider.com

Modest gains recorded at the start of trading on Tuesday and lasting for most of the day dissipated in the fading minutes of the Junior Market activity, with the index closing flat after more stocks fell than rose as 45 percent more shares traded than on Monday.
Trading ended with 39 securities changing hands compared to 38 on Monday and concluded with the prices of 12 stocks rising, 16 declining and 11 unchanged.
The Junior Market index was unchanged at 2,636.45 points. The average PE Ratio ends at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 4,103,575 shares for $9,392,768 compared to 2,824,415 units at $7,700,599 on Monday. Mailpac Group led trading with 34.4 percent of total volume with a transfer of 1.41 million shares, followed by Lumber Depot with 17.2 percent after an exchange of 706,081 units and Derrimon Trading with 12.7 percent market share or 522,336 units.
Trading averaged 105,220 units at $240,840 compared to 74,327 at $202,647 on Monday. Trading month to date, averaged 274,968 units at $665,002, versus 284,894 units at $689,804 on Monday. November closed with an average of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial climbed 25 cents to $23.94 with 84 shares traded, AMG Packaging fell 5 cents to $1.60 with 109,342 units changing hands, Caribbean Cream slipped 1 cent to $4.19 with 35 stocks changing hands. Caribbean Flavours rose 3 cents to $1.70 with an exchange of 142,855 stock units, Caribbean Producers gained 6 cents to close at $2.85 with a transfer of 119,500 shares, Consolidated Bakeries increased by 4 cents to $1.39 with 10,000 stocks traded. Elite Diagnostic lost 9 cents to finish at $2.86 with 545 units passing through the market, Everything Fresh rose 4 cents to 73 cents with 84,260 stock units changing hands, Fontana rose 10 cents to $5.60 with 44,901 shares exchanged. Fosrich gained 6 cents to settle at $4.16 with a transfer of 4,501 units, General Accident lost 6 cents to close at $5.99 with 7,673 stocks traded, Honey Bun dropped 10 cents to $5.70 with a transfer of 80,495 stock units. iCreate finished 1 cent higher at 60 cents with investors switching ownership of 17,664 shares, Indies Pharma fell 6 cents to $2.66 with 7,434 units passing through the market, Jamaican Teas declined by 2 cents and traded 324,771 stock units to end at $1.97. Jetcon Corporation dropped 14 cents to close at a 52 weeks’ low of 56 cents, with 132,806 stocks changing hands, Knutsford Express rose by 10 cents to $6.80 with an exchange of 8,157 shares, Lasco Distributors fell 14 cents to $3.08 with a transfer of 5,500 units. Lasco Financial slipped 6 cents to $2.70 with 2,614 stocks passing through the market, Lasco Manufacturing slipped 1 cent to $3.88 with 1,152 stock units traded, Limners and Bards advanced 11 cents to $3.14 trading 52,754 shares. Mailpac Group exchanged 1,412,146 stocks and gained 1 cent to settle at $2.79, Main Event climbed 40 cents to $3.39 with a transfer of 4,613 units, SSL Venture declined by 2 cents to 55 cents with 12,202 stock units changing hands. Stationery and Office Supplies shed 20 cents to finish at $4.30 with 1,760 stocks traded and Tropical Battery slipped 4 cents to $1.12 with 160,687 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% declined by 1 cent to end at $1.11 with a transfer of 608 stock units and Derrimon Trading preference share fell 10 cents to $2 with 19,163 units changing hands.