Trading in the Junior Market was dominated by Lasco Manufacturing with 1 million shares at $1 each. Trading ended with 1,084,716 units valued at $1,128,267. The JSE Junior Market Index rose 6.28 points to close at 679.35. A total of 7 securities traded, with the price of 1 advancing and 1 declining.
At the close, 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 be weak with 8 securities closing with no bids to buy. There were 5 securities that had no stocks being offered for sale.
Lasco Distributors ended trading with 53,804 shares changing hands as the price climbed 4 cents rise to $1.39 and Lasco Manufacturing with 1,000,000 units gained on 3 cents to end at $1.
Caribbean Producers ended trading 11,152 units to close with a 1 cent loss, at $2.25, Consolidated Bakeries finished trading with 8,000 shares trading at 82 cents, Jamaican Teas had dealing in only 3,860 shares at $3.40. The company reported a small loss in the September quarter and a profit of 35 cents for the full year, versus 58 cents in 2013. Lasco Financial contributed 6,500 shares at 95 cents and Medical Disposables with 1,400 shares trading at $1.94.
Lasco Manufacturing trades 1m shares
November 19, 2014 by
[…] in the Junior Market closed with a pick up in activity on a day when Lasco Manufacturing traded more than 4.8 million shares, in 6 different trades. Trading in the junior market, ended with […]