{"id":1423,"date":"2020-07-06T12:44:00","date_gmt":"2020-07-06T17:44:00","guid":{"rendered":"https:\/\/www.caribbeanvalueinvestor.com\/news\/?p=1423"},"modified":"2020-07-06T23:42:00","modified_gmt":"2020-07-07T04:42:00","slug":"lasco-manufacturing-shares-rise","status":"publish","type":"post","link":"https:\/\/www.caribbeanvalueinvestor.com\/news\/manufacturers\/lasco-manufacturing-shares-rise\/","title":{"rendered":"LASCO Manufacturing Shares Rise"},"content":{"rendered":"<p>Trading on the Junior Market of the Jamaica Stock Exchange on Monday saw three stocks being halted. Manufacturing company LASCO Manufacturing Limited shares rose as high as 22% although volumes were low. The stock which closed on Friday at J$ 3.20 gained J$ 0.70 (21.87%) in early trading.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-1424\" src=\"https:\/\/www.caribbeanvalueinvestor.com\/news\/wp-content\/uploads\/2020\/07\/Lasco-Manufacturing-Shares-Rise-1024x497.png\" alt=\"Lasco Manufacturing Shares Rise\" width=\"800\" height=\"388\" srcset=\"https:\/\/www.caribbeanvalueinvestor.com\/news\/wp-content\/uploads\/2020\/07\/Lasco-Manufacturing-Shares-Rise-1024x497.png 1024w, https:\/\/www.caribbeanvalueinvestor.com\/news\/wp-content\/uploads\/2020\/07\/Lasco-Manufacturing-Shares-Rise-300x146.png 300w, https:\/\/www.caribbeanvalueinvestor.com\/news\/wp-content\/uploads\/2020\/07\/Lasco-Manufacturing-Shares-Rise-768x373.png 768w, https:\/\/www.caribbeanvalueinvestor.com\/news\/wp-content\/uploads\/2020\/07\/Lasco-Manufacturing-Shares-Rise.png 1205w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>There was significant trading in the stock on Friday. As much as 18,620,719 units traded.<\/p>\n<p>Furthermore, the stock seems poised to hit the J$4.00 mark throughout the week with sellers demanding up to J$ 4.60 before a significant resistance is met. Consequently, the huge buy-up is intriguing to <strong>Caribbean Value Investor<\/strong> which has LASM as a stock to watch for the remainder of 2020.<\/p>\n<h2>LASCO Manufacturing Among Top Gainers<\/h2>\n<p>Elsewhere, shares of Indies Pharma, jumped 22% on <a href=\"https:\/\/www.jamstockex.com\/indies-pharma-jamaica-limited-indies-declares-dividend\/\">news of a J$ 0.14 dividend<\/a>. There were over 2.4 million units of the stock traded on Monday. On the losing side, trading in 1834 Investments shares caused the stock to lose 23%.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-1428\" src=\"https:\/\/www.caribbeanvalueinvestor.com\/news\/wp-content\/uploads\/2020\/07\/1834-Falls-23-PER-CENT-1024x495.png\" alt=\"1834 Falls 23 PER CENT\" width=\"800\" height=\"387\" srcset=\"https:\/\/www.caribbeanvalueinvestor.com\/news\/wp-content\/uploads\/2020\/07\/1834-Falls-23-PER-CENT-1024x495.png 1024w, https:\/\/www.caribbeanvalueinvestor.com\/news\/wp-content\/uploads\/2020\/07\/1834-Falls-23-PER-CENT-300x145.png 300w, https:\/\/www.caribbeanvalueinvestor.com\/news\/wp-content\/uploads\/2020\/07\/1834-Falls-23-PER-CENT-768x372.png 768w, https:\/\/www.caribbeanvalueinvestor.com\/news\/wp-content\/uploads\/2020\/07\/1834-Falls-23-PER-CENT.png 1201w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<style type=\"text\/css\">\n\t#mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; }<br \/>\t\/* Add your own Mailchimp form style overrides in your site stylesheet or in this style block.<br \/>\t   We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. *\/<br \/><\/style>\n<div id=\"mc_embed_signup\">\n<form id=\"mc-embedded-subscribe-form\" class=\"validate\" action=\"https:\/\/caribbeanvalueinvestor.us17.list-manage.com\/subscribe\/post?u=e607fd7762877f3f67aea0f2a&amp;id=69633799a8\" method=\"post\" name=\"mc-embedded-subscribe-form\" novalidate=\"\" target=\"_blank\">\n<div id=\"mc_embed_signup_scroll\">\n<h2>Subscribe to Caribbean Value Investor\u00ae<\/h2>\n<div class=\"indicates-required\"><span class=\"asterisk\">*<\/span> indicates required<\/div>\n<div class=\"mc-field-group\"><label for=\"mce-EMAIL\">Email Address <span class=\"asterisk\">*<\/span><br \/>\n<\/label><br \/>\n<input id=\"mce-EMAIL\" class=\"required email\" name=\"EMAIL\" type=\"email\" value=\"\" \/><\/div>\n<div class=\"mc-field-group\"><label for=\"mce-FNAME\">First Name <\/label><br \/>\n<input id=\"mce-FNAME\" class=\"\" name=\"FNAME\" type=\"text\" value=\"\" \/><\/div>\n<div class=\"mc-field-group\"><label for=\"mce-LNAME\">Last Name <\/label><br \/>\n<input id=\"mce-LNAME\" class=\"\" name=\"LNAME\" type=\"text\" value=\"\" \/><\/div>\n<p><a title=\"View previous campaigns\" href=\"https:\/\/us17.campaign-archive.com\/home\/?u=e607fd7762877f3f67aea0f2a&amp;id=69633799a8\">View previous campaigns.<\/a><\/p>\n<div id=\"mce-responses\" class=\"clear\">\n<div id=\"mce-error-response\" class=\"response\" style=\"display: none;\"><\/div>\n<div id=\"mce-success-response\" class=\"response\" style=\"display: none;\"><\/div>\n<\/div>\n<p><!-- real people should not fill this in and expect good things - do not remove this or risk form bot signups--><\/p>\n<div style=\"position: absolute; left: -5000px;\" aria-hidden=\"true\"><input tabindex=\"-1\" name=\"b_e607fd7762877f3f67aea0f2a_69633799a8\" type=\"text\" value=\"\" \/><\/div>\n<div class=\"clear\"><input id=\"mc-embedded-subscribe\" class=\"button\" name=\"subscribe\" type=\"submit\" value=\"Subscribe\" \/><\/div>\n<\/div>\n<\/form>\n<\/div>\n<p><!--End mc_embed_signup--><\/p>\n\n<div class=\"twitter-share\"><a href=\"https:\/\/twitter.com\/intent\/tweet?via=cvijamaica\" class=\"twitter-share-button\" data-size=\"large\">Tweet<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Manufacturing company LASCO Manufacturing Limited shares rose as high as 22% although volumes were low. The stock which closed on Friday at J$ 3.20 gained J$ 0.70 (21.87%) in early trading.<\/p>\n","protected":false},"author":1,"featured_media":1136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,5,4,374],"tags":[34,52,100,467,468,378,466,392],"class_list":["post-1423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jamaica","category-jamaica-stock-exchange","category-manufacturers","category-quarterly-earnings","tag-caribbean-value-investor","tag-cvijamaica","tag-jamaica-stock-exchange","tag-lasco","tag-lasco-manufacturing","tag-lasco-manufacturing-limited","tag-lasm","tag-www-caribbeanvalueinvestor-com"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LASCO Manufacturing Shares Rise - Caribbean Value Investor<\/title>\n<meta name=\"description\" content=\"Manufacturing company LASCO Manufacturing Limited shares rose as high as 22% although volumes were low. 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