Express Catering traded more than 23 million with the price dropping from $8.02 at the close on Thursday to $6.40 in the morning session of trading on the Junior Market and along with Lasco Distributors that fell to $3.50 and Main Event that traded at $5.10 from $6.50 did immense damage to the market index on Friday.
The Junior market index which is now down by 109.10 to 3,327.21 covered from partially from a decline of 121 points at one stage.
The main market that was up strongly in early trading when NCB financial recovered to trade in the $120 level lost more than 1,000 points when NCB fell back to $110 but now trades at $124 with the main market off less than 140 points at 12.33 PM.
Junior Market index drops 121 points.
September 21, 2018 by