Activity on the Junior Market closed with 6 securities traded ending with 339,066 units changing hands valued at $408,329. The JSE Junior Market Index declined 7.51 points to close at 708.17, with the price of 1 stock advancing and 3 declining.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower. The junior market ended with 3 securities closing with no bids to buy and 6 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Lasco Distributors trading 10,061 shares to gain 3 cents to $1.48, Caribbean Producers exchanging 2,000 shares at $2.10, Lasco Manufacturing saw trading in 50,000 shares to close at $1.15. General Accident finishing trading with 29,200 units to close lower by 15 cents at $1.65, Lasco Financial had dealing in 237,805 units and declined 5 cents to $1.05 and Paramount Trading contributing 10,000 shares, lost 50 cents to $3.50.
Trading activity decline for juniors
Trading climbs to 10 securities Tuesday
Activity on the Junior Market closed with the number of securities traded increasing to 10 compared to 5 on Monday and ending with 598,646 units changing hands valued at $998,353. The JSE Junior Market Index declined 7.11 points to close at 711.08, with the price of 2 stocks advancing and 3 declining.
At the close of the market, there were 3 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market ended with 4 securities closing with no bids to buy and 6 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Flavours contributing 30,000 shares, losing 9 cents to $1.85, Blue Power ending trading with 45,000 shares with a loss of 93 cents to $7.23. Lasco Distributors closing with 190,329 units as the price slipped 10 cents to $1.45, Lasco Manufacturing finishing trading with 214,460 units to close lower by 10 cents to $1.15, Lasco Financial concluding trading with 47,000 units as the price slipped 5 cents to $1.10. Caribbean Producers finishing with 50,000 shares changing hands and ended at $2.10, Consolidated Bakeries finishing with 746 units to close at 90 cents, Derrimon Trading in with 2,796 shares trading at $2.04, General Accident finishing trading with 7,315 shares closed at $1.60, Medical Disposables had dealing in 11,000 units with the price ending at $1.75.
Lasco Manufacturing has 99% of trades
At the close of the market, there were 3 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market ended with 3 securities closing with no bids to buy and there were 8 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Lasco Manufacturing finished trading with 1,675,200 shares changing hands to close higher by 10 cents to $1.25, Lasco Distributors contributing 3,800 shares at $1.55. Medical Disposables closed with 10,000 shares changing hands at $1.75, General Accident finishing trading with 3,185 units, to close lower by 6 cents to $1.60 and Lasco Financial concluding trading with 4,600 units as the price slipped 1 cent to $1.15.
Only 1 stock trade at 10:15
Lasco Manufacturing trades 5.2m
Activity on the Junior Market closed with only 2 securities traded, ending with 5,209,400 units changing hands valued at $5,996,887. The JSE Junior Market Index declined 3.18 points to close at 716.65, with the price of 1 stocks advancing and none declining.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and 2 with offers that were lower. The junior market ended with 3 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Consolidated Bakeries concluding trading with just 800 shares at 90 cents and Lasco Manufacturing closed with 5,208,600 shares trading, the price rose 2 cents to $1.18.
All juniors gained Wednesday
Activity on the Junior Market closed with 4 securities traded and ending with 244,598 units changing hands valued at $1,078,800. The JSE Junior Market Index advanced 12.59 points to close at 719.83, with the price of all stocks trading, advancing.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market ended with 3 securities closing with no bids to buy and there were 8 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Dolphin Cove had 100,598 shares changing hands to close higher 49 cents up to $9, Lasco Distributors ended with 20,000 shares trading with a gain of 3 cents to $1.55, Lasco Financial closed with 104,000 shares changing hands at 4 cents to $1.15 and Lasco Manufacturing finishing trading with 20,000 units and gaining 1 cent to $1.16.
Juniors trade in narrow range
Activity on the Junior Market closed with 6 securities traded ending with 952,606 units changing hands valued at $1,388,354 on Tuesday. The JSE Junior Market Index declined 3.30 points to close at 707.24, with the price of 2 stocks advancing and 3 declining.
At the close, there were 5 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market ended with 3 securities closing with no bids to buy and there were 8 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Producers had 92,804 shares changing hands and gained 9 cents to $2.10, Lasco Financial finishing trading with 351,802 shares climbed 6 cents to$1.11, Blue Power contributed 25,000 shares in trading at $6.30. Dolphin Cove closed with 2,000 units traded as the price slipped 49 cents to $8.51, General Accident finished trading with 156,000 shares and ended lower by 9 cents to $1.61, Lasco Manufacturing in trading 325,000 units declined 1 cent to $1.15.
Eileen Chin resigns from Lasco
Eileen Chin has resigned as the Managing Director of LASM with effect from March 2, 2015 a release from LASCO Manufacturing Limited (LASM) announced.
The company advised that Robert Parkins has been employed with effect from March 3, 2015 as the General Manager of the company with responsibility for the day to day operations, reporting directly to the Executive Chairman. The resignation appears sudden has there was no prior notification of her intention to step down from the position she had held for several years.
Lascelles Chin, Executive Chairman informed IC Insider that Eileen Chin was taking a break from the operations but will be back before long. The company has been on a long period of expansion of the plant, costing more than $3 billion. Last year the liquid plant started the production of water and juices. The plant for powdered products is to be operational in 2015.
Paltry junior market trading
Activity on the Junior Market closed with 5 securities traded ending with 26,060 units changing hands valued at $76,275. The JSE Junior Market Index declined 1.20 points to close at 699.24, with the price of 2 advancing and 3 declining.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and 1 stock with an offer that was lower. The junior market ended with 4 securities closing with no bids to buy and there were 6 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Lasco Distributors closing with 1,000 shares trading, 1 cent higher to $1.46, Lasco Manufacturing finishing trading with 13,000 shares while gaining 1 cent to $1.16. Blue Power ending with 1,060 units to close lower by 5 cents to $6.30, Knutsford Express finishing trading with 10,000 units to fall 60 cents to $5.20 and Lasco Financial concluding trading with 1,000 units and declining by 1 cent to $1.05.
2 junior market stocks hit lows
Activity on the Junior Market closed with 6 securities traded and ending with 622,936 units changing hands valued at $866,023. The JSE Junior Market Index declined 1.24 points to close at 700.44, with the price of 1 stock advancing and 4 declining with two stocks reaching news lows by the end of trading.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower. The junior market ended with 6 securities closing with no bids to buy and 5 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Lasco Financial ending with 156,000 units to close with a gain of 1 cent at $1.06, General Accident while dealing in 152,836 shares closed at $1.70, Caribbean Flavours ending with 10,000 units and closing 30 cents lower at a new 52 weeks’ low of $2.05. Lasco Distributors ending with 164,700 shares, closed with a loss of 1 cent at $1.45, Lasco Manufacturing trading 100,400 units to fall 9 cents to $1.15, Medical Disposables concluded trading with 39,000 units with a decline of 20 cents to a new low of $1.60.