The Junior Market closed out the week with very low activity as just 3 securities traded compared to 9 on Thursday, ending with 226,263 units changing hands valued at $227,820. The JSE Junior Market Index is up 0.53 points to close at 741.27, with the price of none advancing, 1 declining and 1 remaining unchanged from the last traded prices on Thursday.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and 1 with the offer that was lower. The junior market ended with 5 securities closing with no bids to buy and 11 securities that had no stocks being offered for sale.
Some buyers have backed off their bids with the interested party in AMG Packaging dropping the bid that was at $2.50 up to Thursday. The bid is now back at $2.26 the last price the stock traded at Caribbean Cream closed with the bid for 73,530 shares at 68 cents 3 cents higher than the last price of 65 cents. Offers for the stock are over $1.
Stocks trading in the junior market are, Consolidated Bakeries trading 101,388 shares in closing at 82 cents, Knutsford Express had 896 shares trading at $5.80 and Lasco Manufacturing traded 123,979 units and lost 3 cents to $1.10.
Low junior market activity on Friday
April 17, 2015 by