Paramount Trading dominated the junior market with 10,549,936 shares changing hands at $6. Activity closed with 9 securities trading and ended with 11,106,761 units changing hands valued at $64,567,505. The JSE Junior Market Index declined 18.58 points close at 896.19. The market ended with the prices of 4 stocks advancing, 5 declining with 2 closing at 52 weeks’ high and 1 at a new low.
At the close of the junior market was flashing weak signals for Wednesday with 3 stocks having bids higher than their last selling prices, 4 with lower offers and 4 securities closing with no bids to buy while only 3 had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial Services closing with 28,700 shares gained 8 cents to close at $11.10, Blue Power ending with 8,901 units changing hands to close at $9.50, Caribbean Flavours trading 2,000 shares to close at $2.53 after losing 2 cents. Caribbean Producers traded 2,000 shares at $2.80, Dolphin Cove trading only 1,250 units at $12 for a loss of $1, at the close Lasco Distributors sold 304,274 shares and gained cents 1 cents at $1.70. Lasco Financial Services traded 69,700 shares and lost 13 cents to end at $1.80, Lasco Manufacturing had 140,000 shares changing hands at $1.36 and lost 9 cents at the end.
Caribbean Cream did not trade but remained under pressure closing with 75,800 units on offer at $1.55, 5 cents below the last traded price with the bid at $1.25, to buy 126,643 units, while offers are at $160, $1.70 up to $2.
Paramount Trading’s big trade
July 1, 2015 by