Activity on the Junior Market closed with 6 securities traded ending with 149,771 units changing hands valued at $179,558. The JSE Junior Market Index gained 4.29 points to close at 732.18, with the price of 4 stocks advancing and 2 declining.
Stocks trading in the junior market are, Access Financial Services traded 200 shares at $13.21, as the price eased 1 cent, Caribbean Cream closed trading with 10,000 shares, to end with a 5 cents decline at a new low of 60 cents. The stock was initially recorded as trading at 76 cents at the start of market, but that trade was eventually cancelled, as the price it attempted to trade at, was in excess of 15 percent initially permitted, effectively triggering the initial circuit breaker and thus the freeze. Trading in the stock was suspended for an hour before it was permitted to trade again. At the close there was a bid to buy 47,000 units at 60 cents.Caribbean Producers traded only 100 shares at $2.40, Lasco Distributors saw 51,418 units changing hands at $1.40 to gain 3 cents, Lasco Financial Services had 84,053 units trading to close at $1.10, after gaining a cent, after trading as high as $1.15 and Lasco Manufacturing put through 4,000 shares at 1.06 to gain 1 cent.
The market closed with AMG Packaging having a bid for 41,000 shares to buy at $2.50, compared to a last sale of $2.26.
4 juniors up 2 down on Tuesday
April 14, 2015 by