The number of securities trading in the Junior Market, picked up today to 6, from very low levels previously, but with very low volume. At the close of trading, the price of 1 stock advanced and 1 declined, with a total volume trading was 30,562 units. The JSE Junior Market Index fell 2.73 points to close at 666.29.
At the close the market there only moderate interest in junior market stocks with no bids to buy 10 stocks and no offer to sell 7 out of the 24 listings in this market segment. There was only one stock with the bid that was higher than the last selling price but 4 stocks had offers that were lower.
Gains| Caribbean Cream the sole stock to gain in the junior market, traded 5,000 with a gain of 5 cents, to close at 70 cents.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Dolphin Cove with 200 shares at $8, Lasco Distributors traded 2,300 units at $1.15 Lasco Financial 1,500 shares at $1 and Lasco Manufacturing managed to exchange 3,982 units at $1.
Declines| General Accident with 20,500 shares changing hands lost 1 cent to end at $1.58 is the only stock declining in the junior market at the end of trading.
Junior market participation picks up but…
October 3, 2014 by
