Volume rose on the Junior Market, at the close of trading on Thursday with 1,563,696 units valued at $6,095,052 changing hands, compared to just 654,195 units valued at $2,886,318 on Wednesday.
Market activity resulted in 17 securities changing hands, leading to the prices of 7 advancing, 2 declining and 8 remaining unchanged compared to 22 securities trading on Tuesday. The Junior Market Index declined by 7.80 points to close at 3,032.28.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than their last selling prices and 6 with lower offers.
Trading ended with an average of 91,982 units for an average of $358,532 in contrast to 29,736 units for an average of $131,196 on Wednesday. The average volume and value for the month to date, amounts to 136,164 units valued at 671,284 and previously 137,894 units valued at $683,354. May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, AMG Packaging ended at $2.10, trading 233,845 stock units, Caribbean Producers finished trading 20 cents higher at $5.20, with 514,095 units, C2W Music ended traded at 80 cents, with 76,508 shares, Elite Diagnostic settled with a loss of 10 cents at $3, in the exchange of 191,218 units, Everything Fresh gained 7 cents to close at $2.22 with 16,029 shares changing hands. Express Catering traded 640 shares at $7, FosRich Group finished trading at $3, with 93,528 shares, General Accident closed at $3.01, with 430 stock units changing hands, Honey Bun concluded trading 2 cents higher at $5.20, with 59,435 shares, Jamaican Teas ended trading at $5.50, with 17,890 stock units. Jetcon Corporation traded 1,339 units and 7 cents higher at $4.06, KLE Group rose 10 cents to close at $2.90, with 10,000 shares, Knutsford Express traded 1,500 shares and ended at $12.51, Lasco Distributors concluded trading with a loss of 10 cents at $4.10, in exchanging 244,081 stock units. Lasco Financial finished 2 cents higher at $5, with 56,100 units, Main Event ended trading 31,611 shares and gained 11 cents to end at $6.27 and Stationery and Office closed at $8, with 15,447 units trading.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market inched higher – Thursday
June 28, 2018 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market
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