Trading picked up in the Junior Market

Trading picked up in the Junior Market, on the final trading day of the week, with Lasco Distributors and Lasco Manufacturing dominating trading with nearly 3 million shares. The market closed trading with 3,135,271 units, valued at $3,514,115. The JSE Junior Market Index fell 6.59 points to close at 661.40. Only 7 securities traded, 2 advanced, 2 declined and 3 remained unchanged.
At the close of the market, there were 3 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower. The junior market continues to exhibit weakness with 11 securities closing with no bids to buy. There were 4 securities that had no stocks being offered for sale.
Stocks trading are, Consolidated Bakeries with 66,667 shares rose by 5 cents to 85 cents followed by General Accident with 2,059 shares and was up 1 cent, to end $1.51, Lasco Distributors traded 1,293,130 units, closed 10 cents lower at $1.20, AMG Packaging traded 2,300 shares at $2.25, Lasco Manufacturing had 1,662,000 units trading to close at 95 cents, Medical Disposables 2,500 shares traded down by 4 cents to $1.96 and Paramount Trading had 106,615 units changing hands at $2.70.