The number of stocks trading in the Junior Market, rose to 5 from only three on Tuesday, with 2 advancing and 1 declining. The junior market Index increased 0.96 points to close at 654.75. Total volume traded is 322,674 units valued at $586,079. Gains| Stocks recording gains at the end of trading in the junior market are, Lasco Financial 4,515 shares changing hands gained 13 cents to $1 and General Accident with 194,088 shares closed 4 cents higher at $1.59 Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Dolphin Cove with 5,000 shares at $8 and Medical Disposables 114,336 shares ended at $2. Declines|Lasco Distributors is the sole stock declining in the junior market at the end of trading with 4,735 shares closing with a 3 cents loss at $1.15.
At the close of trading 3 junior market stocks ended with bids to buy above the last traded prices and 3 with offers that were lower.
Trading in the Junior Market continued to be low, with only 3 securities changing hands, as a total of 1,462,279 units, valued at $1,281,976 traded. The JSE Junior Market Index rose 2.56 points to close at 653.79. Two stocks rose and 1 declined.
The main trades were Lasco Manufacturing with 863,229 units, to close at 86 cents, down 4 cents, after trading between 86 cents and 93 cents and Lasco Financial Services with 589,050 shares trading, between 87 cents and $1, ending at 87 cents, with a gain of 2 cents. The other stocks to trade are Lasco Distributors with 10,000 shares, ended at $1.11 with a 7 cents gain.
At the close of the market, 9 stocks had no buying interest, with no bids displayed to buy, while there were 7 stocks that had no sellers showing an interest in selling. There were 5 stocks with bids to buy above the last selling prices and 2 with offers that were lower.
There was only 3 securities trading in Junior Market on Monday, as investors continue to focus elsewhere, for investment opportunities. A total of only 248,404 units valued at $326,764 traded. The JSE Junior Market Index fell 1.02 points to close at 656.22, with 1 advancing and 1 declining.
At the end of trading 5 junior market stocks had bids that are higher than the last selling price and only two with offers that were lower, in addition s sign of some weakness in this market is 10 stocks having no bids versus 7 with no offers.
The main trades was Lasco Manufacturing with 210,404 units with a loss of 6 cents to end at 90 cents, Access Financial Services trading 10,000 units at $10.50 and was the only stocks with a gain, with the price rising 32 cents at the end of trading in the junior market a Lasco Distributors traded 28,000 units unchanged at $1.11.
There was trading in only 376,001 units on Friday, valued at just $326,900 as investors continue to shun this segment of the market, in recent months. The JSE Junior Market Index fell by 1.02 points, to close at 656.22 as just 3 securities traded, with 1 advancing and 1 declining. The main trade is Consolidated Bakeries.
The market closed with 9 securities having no bids to buy and 7 securities without any stock being offered for sale. But the number of stocks with bids that are higher than the last traded price, numbered 4, while there was only one stock, with an offer below the last price. Gains| Consolidated Bakeries had 358,301 shares changing hands, 1 cent higher, to end at 81 cents and was the only stock gaining at the end of trading, in the junior market. Firm Trades| The stock in the junior market that traded to close at the same price as the day before, is Caribbean Producers trading 12,000 shares at $2.60. Declines| The sole stock declining in the junior market, at the end of trading, is Lasco Manufacturing with 5,700 shares changing hands. The price lost 1 cent to close at 96 cents.
The Junior Market has lost a lot of its lustre, since the market outperformed the main market up to 2013. Only 3 securities traded, on Thursday, with 2 advancing and 1 declining as 1,617,838 units valued at 2,538,331 traded. The JSE Junior Market Index increased 7.68 points to close at 657.24 The main trade was General Accident with 1,561,388 units. Gains| Stocks recording gains at the end of trading in the junior market are, Caribbean Producers with 18,650 units while gaining 20 cents to $2.60 and General Accident closed at $1.55 while trading 1,561,388 shares at a 5 cents gain. Declines| The only stocks declining in the junior market at the end of trading, is Consolidated Bakeries with 37,800 shares changing hands and lost 5 cents to end at 80.
At the end of trading there were 3 stocks with bids higher than their last selling prices and just 1 with offer lower.
The junior market enjoyed trading in 324,780 units valued at $353,366. The JSE Junior Market Index fell 2.40 points to close at 649.56 as just 5 securities traded with 2 advancing and 2 declining. Gains| Stocks recording gains, at the end of trading in the junior market are, Caribbean Cream with 29,240 units, gained 4 cents to 65 cents and General Accident had 9,000 units trading with 4 cents gain, to end at $1.50 Firm Trades| The only active stocks in the junior market that closed at the same price as the day before is Honey Bun with 1,442 shares to end at $2.12. Declines| Stocks declining in the junior market at the end of trading are, Lasco Distributors with 263,098 units changing hands lost 2 cents to end at $1.11 and Lasco Financial with 22,000 shares lost 13 cents to end at 85 cents for anew 52 weeks low.
At the end of trader there were 2 securities with bids higher than the last selling price and two with offers that were lower.
The JSE Junior Market Index declined 9.77 points to close at 651.96 as 6 stocks traded with 2 advancing and 2 declining. A total of $2,499,970 was expended on 2,297,589 shares in this market. Two Lasco companies accounted for the bulk of the stocks to trade. Gains| Stocks recording gains at the end of trading in the junior market are, Lasco Financial 1,681,491 units with a gain of 3 cents to 98 cents and Lasco Manufacturing with 529,226 units, to close a cent higher at 97 cents. Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, General Accident with 25,000 shares ended at $1.46 and Honey Bun had just 7,058 units trading at $2.12. Declines| Stocks declining in the junior market at the end of trading, are Caribbean Producers 31,000 shares, ending at $2.40 after losing 10 cents and Dolphin Cove with 23,814 units, losing 80 cents to end at $8.