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.
JSE Junior Market taking a breather
September 26, 2014 by
