The Junior Market index jumped 73.58 points to 3,105.92 as the prices of 17 securities advanced, 3 declined and 5 remained with the prices unchanged, at the close on Wednesday with 25 securities changing hands as trading levels climbed sharply above Tuesday’s levels.
The market closed with 1,873,051 units valued at $7,839,269 compared to 890,459 units valued at $3,698,978 on Tuesday.
Trading ended with an average of 74,922 units for an average of $313,571 in contrast to 44,523 units for an average of $184,949 on Tuesday. The average volume and value for the month to date amounts to 162,844 units valued at $674,165, compared with an average of 192,151 units valued at $794,363 on the previous trading day. In contrast, August closed with average of 234,437 units valued at $1,295,260 for each security traded.
Trading ended with the market sentiments looking negative for Thursday’s activity as 3 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of the market the volume of stocks changing hands and their last traded price are: Access Financial ending at $49 with 100 stock units, AMG Packaging traded 30 cents higher at $3.30 with 3,000 shares. Blue Power finished $3.40 higher at $44.90 with 1,744 shares, CAC 2000 rose 5 cents to $8.05 with 416 units, Caribbean Cream ended with a loss of 60 cents at $6, with 4,150 stocks, Caribbean Flavours climbed $1.15 higher to $12.95 with 3,700 units, Caribbean Producers ended 5 cents higher at $3.90 while trading 7,830 stocks. Consolidated Bakeries concluded trading 33 cents higher at $2.28 with 100 units, Derrimon Trading jumped $1 higher to $8 with 613 shares, Express Catering ended 30 cents higher at $4.50 with 7,636 units, General Accident settled with a loss of 2 cents at $2.80, with 12,200 stock units. Honey Bun closed 15 cents higher at $4.15 with 2,725 shares, Iron Rock ended at $2.90 with 22,590 stocks, Jamaican Teas closed 78 cents higher at $5 with 1,400 units, Jetcon Corporation finished 20 cents higher at $4.30 with 56,661 shares, KLE Group closed with a loss of 4 cents at $3.23, with 15,000 shares, Knutsford Express settled 99 cents higher at $14.99 with 3,290 stock units, Lasco Distributors settled at $6.90 trading 65,656 stocks, Lasco Financial ended 20 cents higher at $3.70 with 1,347,961 shares changing hands. Lasco Manufacturing finished 10 cents higher at $4.10 with 3,583 stock units, Medical Disposables traded 9,940 shares at $5.35, Paramount Trading ended 25 cents higher at $2.95 with 1,500 stocks, investors responded well to the surge in the profit of Stationery and Office and pushed the price 45 cents higher to $4.50 with 295,964 shares trading, tTech finished 50 cents higher to $7 with 5,192 units and Derrimon Trading traded at $2 with 100 shares.
7 junior stocks rise 8 fall – Tuesday
At the close of market activities, the prices of 7 advanced, 8 declined and 5 remained with prices unchanged and led to the market index dropping 43.07 points to 3,032.34. One stock ended at a 52 weeks’ closing low and one traded at an intraday low.
Trading ended with an average of 44,523 units for an average of $184,949 in contrast to 495,658 units for an average of $1,952,714 on Monday. The average volume and value for the month to date amounts to 192,151 units valued at $794,363, compared to 265,965 units at an average value of $1,099,070 on the previous trading day. In contrast, August closed with average of 234,437 units at an average $1,295,260 for each security traded.
Trading ended with the market sentiments looking positive for Wednesday’s activity as 9 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market the volume of stocks changing hands and their last traded price are: Access Financial that settled $2.80 higher to $49 with 2,869 shares changing hands, AMG Packaging ended at $3 with 3,500 stocks, CAC 2000 finished at $8 with 10,000 shares, Caribbean Cream ended with a loss of 25 cents at $6.60, with 1,039 stock units, Caribbean Flavours traded 10 cents higher at $11.80 with 425 shares, Derrimon Trading settled with a loss of 90 cents at $7, with 2,000 units, Express Catering concluded trading with a loss of 30 cents at $4.20, with 88,763 stock units, General Accident ended 2 cents higher at $2.82 with 14,021 units, Honey Bun traded at an intraday low of $3 before recovering to close at $4 with 23,137 shares changing hands, Iron Rock finished 2 cents higher at $2.90 with 50,183 stocks, Jetcon Corporation lost 50 cents to $4.10 with 20,583 units, KLE Group ended 7 cents higher at $3.27 with 79,648 stock units. Knutsford Express concluded market activity with a loss of 99 cents at $14, with 1,348 units changing ownership, Lasco Distributors ended at $6.90 with 42,931 units, Lasco Financial concluded trading with a loss of 35 cents to $3.50 with 283,782 stock units, Lasco Manufacturing concluded with a loss of 30 cents, to a 52 weeks’ low of $4 with 35,718 units traded, but fell as low as $3.80 during the day. Main Event ended 50 cents higher at $5 with 15,190 shares, Stationery and Office settled with a loss of 15 cents, at $4.05 with 209,557 stocks trading, tTech settled 45 cents higher at $6.50 with just 300 units and Derrimon Trading concluded trading at $2 with 5,465 units.
Junior market in steady trading – Wednesday
Trading on the Junior Market of the Jamaica Stock Exchange ended on Wednesday with 23 securities changing hands resulting in an exchange of 2,037,393 units valued at $8,042,722 compared to 2,320,590 units valued at $10,336,084 on Tuesday.
The market index inched higher by just 0.07 points to 3,093.44 at the close, as 10 stocks advanced, 6 declined and 7 traded with prices remaining unchanged.
Trading ended with an average of 88,582 units for an average of $349,684 in contrast to 89,253 units for an average of $397,542 on Tuesday. The average volume and value for the month to date amounts to 241,379 units valued at $1,469,345, in contrast to 249,420 units valued at $1,528,275 previously. 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 activity as 4 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, the volume of stocks changing hands and their last traded price are: C2W Music that caused investors to take a second look at it after attempts were made to trade it at 50 cents in the end it settled 2 cents higher for the day at 45 cents with 183,500 units changing hands. Trading ended with the bid posted at 50 cents to buy 40,000 units with only two offers posted at the close at $1.23 and $1.35. The day’s activity in the stock is in contrast to two weeks ago when the price dipped to 38 cents and looked as if it would trade lower. Cargo Handlers settled with a loss of 40 cents, at $9.60 with 450 shares, Caribbean Cream traded at $6.50 with 34,280 units, Caribbean Flavours traded at $13 with 1,000 stocks units, Caribbean Producers traded at $3.80 with 31,258 units, Derrimon Trading ended at $7.90 with 2,000 shares, Express Catering concluded 5 cents higher at $4.20 with 138,183 stocks, General Accident finished with a loss of 2 cents, at $2.80 with 107,700 shares, Honey Bun closed with a loss of 20 cents, at $4.80 with 3,598 units, Jamaican Teas settled with a loss of 7 cents, at $4.83 with 11,737 stocks, Jetcon Corporation finished with a loss of 20 cents, at $4.80 with 1,085,266 units, KLE Group climbed 14 cents higher at $3.15 with 270,971 shares, Key Insurance rose 10 cents higher to $3.10 with 7,947 stocks units, Knutsford Express closed 10 cents higher at $14.50 with 7,606 stocks, Lasco Distributors ended 15 cents higher at $7.15 with 27,962 units, Lasco Financial finished 39 cents higher at $3.99 with 100 units, Lasco Manufacturing closed with a loss of 5 cents, at $4.40 with 4,299 units, Main Event concluded market activity 55 cents higher, at $5.05 with 3,823 stocks, Medical Disposables concluded trading 1 cent higher at $4.26 with 28,521 units, Paramount Trading ended at $2.70 with 38,304 units, Stationery and Office concluded trading at $4 with 11,782 units, tTech finished 50 cents higher at $6.55 with 16,378 shares and Derrimon Trading closed with a loss of 3 cents, at $2 with 20,728 shares.
Trading jumps from Monday’s levels
Trading on the Junior Market of the Jamaica Stock Exchange ended on Tuesday with 26 securities changing hands with 11 advancing, 9 declining and 6 trading unchanged. The market index inched higher by 3.19 points to 3,093.37.
The volume traded amounted to 2,320,590 units valued at $10,336,084, compared to 1,303,888 units valued at $6,225,235 on Monday.
Trading ended with an average of 89,253 units for an average of $397,542 in contrast to 65,194 units for an average of $311,262 on Monday. The average volume and value for the month to date amounts to 249,420 units valued at $1,528,275, in contrast to 258,319 units at an average of $1,591,093 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 5 with lower offers.
At the close of the market, the volume of stocks changing hands and their last traded price are: Access Financial settled at $47 with 2,250 shares, Blue Power traded at $40 with 1,300 shares, CAC 2000 finished with a loss of 9 cents, at $7.86 with 4,068 stocks trading, Caribbean Cream traded at $6.50 with 56,600 stocks, Caribbean Producers finished 15 cents higher at $3.80 with 15,000 stock units exchanged. Consolidated Bakeries traded 29 cents higher at $2.30 with 4,500 stocks, Derrimon Trading closed 80 cents higher at $7.90 with 4,000 units, Dolphin Cove concluded trading with a loss of 20 cents, at $17.30 with 2,050 stocks, Express Catering settled 15 cents higher at $4.15 with 436,106 units, General Accident finished 22 cents higher at $2.82 with 67,500 stocks, Honey Bun closed 20 cents higher at $5 with 22,869 shares. ISP Finance settled with a loss of $1, at $19 with 400 units, Jamaican Teas concluded with a loss of 10 cents, at $4.90 with 90,678 shares, Jetcon Corporation ended with a loss of 21 cents, at $5 with 69,256 units, KLE Group closed 1 cent higher at $3.01 with 40,899 stocks, Knutsford Express concluded trading 34 cents higher at $14.40 with 6,770 stocks. Lasco Distributors traded at $7 with 186,808 shares, Lasco Financial settled with a loss of 20 cents, at $3.60 with 204,349 stock units, Lasco Manufacturing concluded market activity with a loss of 15 cents, at $4.45 with 45,888 shares, Main Event closed at $4.50 with 343,513 shares, Medical Disposables closed with a loss of $1.25, at $4.25 with 42,000 shares. Paramount Trading ended 10 cents higher at $2.70 with 10,500 stocks, Stationery and Office finished with a loss of 10 cents, at $4 with 655,536 stocks after trading at a low for the day of $3.50, Derrimon Trading preference share concluded trading 3 cents higher at $2.03 with 7,000 stocks, Eppley 9.5% preference share finished 5 cents higher at $7.25 with 500 units and Eppley 10% preference share traded at $6.60 with 250 stock units changing hands.