The Junior Market closed trading with 985,533 units valued at $941,249. The JSE Junior Market Index fell 8.63 points to close at 652.77. Only 4 securities traded in the market, continuing a long period of low participation, 1 advanced and 2 declined.
At the close of the market, there were 4 stocks with the bids higher than their last selling prices, and 4 stocks with offers that were lower. The junior market continues to exhibit weakness with 12 securities closing with no bids to buy. There were 4 securities that had no stocks being offered for sale.
in actual trading, AMG Packaging with 2,480 shares lost 25 cents to end at $2.25, a new 52 week’s low, Lasco Distributors traded 92,000 units and closed 2 cents higher, at $1.17, Lasco Financial Services with 8,200 units, closed at $1, Lasco Manufacturing had 879,353 units trading to close at 91 cents after losing 7 cents and Paramount Trading had 3,500 units changing hands at $2.70, the offer closed at $2.50 at the end of trading.
4 junior market companies trade
October 22, 2014 by
[…] in all market segments. IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 9 stocks with bids higher than their last selling […]