Juniors back to base with low activity

The bid on AMG is $2.40 vs. last sale of $2.26

The bid on AMG is $2.40 vs. last sale of $2.26

Having enjoyed active trading on Monday with 12 securities changing hands, activity on the junior market was back to the recent pattern, with only a hand full of securities trading, with low volume. The market closed with a mere 4 securities trading and ended with only 37,627 units changing hands valued at just $163,544.
The JSE Junior Market Index rose 9.08 points to close at 715.51, with the price of 1 stock advancing and 1 declining.
At the close, there were 4 stocks with bids higher than their last selling prices and 1 stock with the offer lower. JM -1-4-15The junior market ended with 5 securities closing with no bids to buy and 10 securities that had no stocks being offered for sale. Of interest is the bid to buy 459,000 units of AMG Packaging at $2.40 against the last traded price of $2.26.
Stocks trading in the junior market are, Access Financial Services traded 11,000 units with a gain of $1.50 to end at $11.50, Caribbean Producers traded 3,971 units at $2.15, Lasco Manufacturing ended at $1.15 with 10,060 units trading at $1.15 and Lasco Distributors trading 12,065 shares and lost 2 cents in closing at $1.35.

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