Juniors still waiting to move

Trading in the Junior Market closed with very little activity with only 5 securities traded. Trading ended with 628,116 units valued at $3,063,328. The JSE Junior Market Index fell 5.89 points to close at 667.73, with the price advancing.

Eppley 9.5% preference share was the leading trade on the junior market

Eppley 9.5% preference share was the leading trade on the junior market

At the close of the market, there were only 1 stock with the bid higher than the last selling price and none with lower offers. The junior market is showing signs of improvement, but continues to exhibit areas of weakness with 6 securities closing with no bids to buy. There were 6 securities that had no stocks being offered for sale.
Blue Power only traded 320 shares at $6.16 followed by Caribbean Producers in trading 26,500 units at $2.15 after falling 5 cents, General Accident with 33,296 units traded to close at $1.75 each Lasco Distributors chipped in with 100,000 units at $1.40 and lost 5 cents.
Eppley Limited 9.5% preference share traded 468,000 shares as the price slipped 9 cents to end at $6 a bit strange since the company is going back to the market with preference shares priced at $6 to start yielding 10 percent for two years.

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