Junior standoff holds back trading

Knutsford Express closed at a new all time high of $6 on Thursday.

Knutsford Express closed at a new all time high of $6 on Thursday.

Activity on the Junior Market closed with only 5 securities trading as buyers and sellers are not seeing eye to eye on the values of stocks. Trading ended with 142,563 units changing hands valued at $360,028. The JSE Junior Market Index rose 9.37 points to close at 741.89, with the price of 3 stocks advancing and 4 declining.
At the close, there were 4 stocks with bids higher than their last selling prices and 1 with offer that was lower. The junior market ended with 4 securities closing with no bids to buy and 10 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, are Caribbean Producers with 117,000 units,JM trades  23-4-15
at $2.70 for a 38 cents gain Honey Bun ending with just 1,937 shares trading unchanged at $1.82. Knutsford Express traded at a new high of $6 by adding 20 cents with only 2,580 shares changing hands, Lasco Distributors traded 4,000 shares between $1.38 down 5 cents but closed with a bid at $1.40, to buy 50,000 shares, with offers at $1.43 for 110,736 unitsand Lasco Financial gained 7 cents to $1.15 while trading 17,046 shares.

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