Lasco Manufacturing which moved the price higher, at the close there were bids at $1.11 to buy 44,000 units and at $1.10 to buy 881,000 shares. Selling is limited at levels close to the last traded price.
The junior market closed with only 5 securities traded and ended with 226,275 units valued at $273,781. The JSE Junior Market Index rose 12.09 points to close at 679.08, with the price 2 stocks advancing and 1 falling. The junior market sentiment is improving with 5 securities closing with no bids to buy compared to 11 a few weeks ago. There were 8 securities that had no stocks being offered for sale while at the close, there were 4 stocks with bids higher than their last selling prices and none with lower offers.
The stocks trading are, Lasco Distributors trading 51,000 shares with the price rising 1 cent to $1.41, Lasco Manufacturing concluded trading with 120,875 units and put on 12 cents to $1.12. Consolidated Bakeries ended with 10,000 shares at 82 cents, Lasco Financial ended with 24,400 shares at $1.05 and General Accident ended with 20,000 shares trading 5 cents lower to $1.75.
Activity Trading on the Junior Market saw increased buying interest in Demand up for Lasco Manufacturing
December 17, 2014 by
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[…] on the junior market closed with Lasco Manufacturing dominating trading with 2,556,735 shares. At the close only 4 securities traded, ending with […]
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