The Junior Market closed trading with 540,594 units, valued at $832,210 on Friday. The JSE Junior Market Index fell 0.33 points to close at 656.46, a few points higher, than the 653.79 points, September ended at. Only 5 securities traded, there were no advancing stocks while 2 declined.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and only 1 stock with a lower offer. The junior market continues to exhibit weakness with 10 securities closing with no bids to buy. There were 6 securities that had no stocks being offered for sale.
The stocks that traded firm in the junior market are, Access Financial with 9,700 units to close at $10.01, Caribbean Flavours 67,195 units, closed at $2.35 and Lasco Financial with 6,540 units, ended at 98 cents.
The stocks with price losses are, Blue Power traded only 100 shares but lost 24 cents to $7.76, for a new 52 weeks’ low and Lasco Distributors with 457,059 units, closed 10 cents lower at $1.15.
Slight October recovery for Junior market
October 31, 2014 by
[…] to a better out turn for November. IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 13 stocks with bids higher than their last […]