Peter Chin – CEO Lasco Distributors
Trading in the Junior Market closed with moderate activity on Monday with trading ending with 193,314 units valued at $267,070. The JSE Junior Market Index rose 2.72 points to close at 680.96, only 6 securities traded, with the price 2 advancing, while no stock declined.
At the close of the market, there were 3 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower. The junior market continues to exhibit weakness with 6 securities closing with no bids to buy. There were 4 securities that had no stocks being offered for sale.
Lasco Distributors concluded trading with 103,624 shares changing hands, with gains of 2 cents to $1.50. The stock is now back at its 52 weeks high reached in April this year but is still way off from the high of $1.80 reached in July 2013. Lasco Financial ended with 50,000 shares trading, 3 cents higher, to 93 cents, Caribbean Cream ended with 6,500 shares changing hands, to close at 71 cents, Caribbean Flavours saw 17,161 shares trading, to close at $2.35, General Accident exchanged 8,000 shares in trading at $1.50, the stock closed with a bid at $1.56 and Lasco Manufacturing finished trading with 8,029 shares at $1.
