Knutsford Express top juniors

KNutsfordOwners280x150Knutsford Express Services traded over 5 million shares at a new high of $5.85 on the Junior Market. Trading ended with 6,061,987 units valued at $30,930,731. The JSE Junior Market Index rose 12.60 points to close at 669.22, only 5 securities traded, with the price of 4 advancing.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market continues to exhibit weakness with 8 securities closing with no bids to buy. There were 5 securities that had no stocks being offered for sale.
Caribbean Producers finished trading with 185,826 shares, and closed with a gain of 26 cents at $2.26, Jamaican Teas concluded trading with 100 shares to end 10 cents higher, at $3.40, Knutsford Express exchanged 5,020,011 shares with a gain of 40 cents to a new 52 weeks’ high of $5.85. The company will benefit from lower fuel prices with the fall in the price of oil on the world market. Lasco Distributors had dealing in 819,050 shares as the price ended 4 cents higher, to $1.36. Consolidated Bakeries with 37,000 shares trading, closed at 82 cents.

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