Activity on the Junior Market, remained subdued in Monday,s trading, with only 4 securities being active, resulting in 1,874,825 units valued at $2,598,078 trading. At the close of the Market, the JSE Junior Market Index, increased 0.08 points to close at 666.37 with 2 advancing securities and 2 declining.
The main trades were, General Accident with 1,212,625 units, while gaining 4 cents to end at $1.62 and Lasco Manufacturing with 642,500 shares to close down by 3 cents, at 95 cents, Lasco Distributors closed up a cent at $1.16 with 10,000 shares and Lasco Financial Services with 9,700 shares, ended at 95 after losing 5 cents.
At the close, there was 1 stock with the bid higher than the last selling price, and 7 stocks with offers that were lower, in the junior market, 10 stocks had no bids to sell and 5 with no stock on offer, to sell. These are negative indicators.
Only 4 junior market securities trade
October 6, 2014 by
