Trading activity on the junior market ended on Wednesday with the market making strong gains as the Lasco companies benefitted from improved profits, leading to strong rise in the JSE Junior market Index of 27.15 points to close at 874.97.
The market ended with 7 securities trading with 1,525,437 units changing hands, valued at $2,532,757 and the prices of 3 stocks rising and 2 declining.
At the close, the junior market had 5 stocks having bids higher than their last selling prices, none with lower offers. 5 securities closed with no bids to buy, while 8 had no stocks being offered for sale.
Stocks trading are, Blue Power with only 100 units and declined 3 cents and ended at $12.96, Caribbean Cream had 25,390 shares trading but lost 3 cents to close at $2.10, Knutsford Express ended with only 100 shares trading at $6. Lasco Distributors traded 78,200 shares to close at $1.60, up 17 cents, Lasco Financial Services traded 35,665 units and gained 10 cents to end at $1.50, Lasco Manufacturing with 1,328,377 shares closed 10 cents higher at $1.50 and Paramount traded 57,575 shares at $6.
Juniors jump Wednesday
July 29, 2015 by