Archives for July 2015

Trading on the Jamaica Stock Market closed on Monday with 5 stocks rising, 12 declining as 25 securities changed hands with 95,259,067 units trading, valued at $2,718,914,726, in all market segments. National Commercial Bank accounted for 92 million units of the volume.
At the close, the JSE Market Index lost 10.54 points to 97,939.70, the JSE All Jamaican Composite index fell 11.77 points to close at 108,409.21 and the JSE combined index declined 53.66 points to end at 99,966.55.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator showed a reading of 8 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, ended with 2,300,000 units changing hands unchanged at 39 cents, Caribbean Cement traded 187,200 shares and lost 31 cents to close at $8.19, Carreras had 3,955 units trading to close at $49.50 and lost 50 cents. Desnoes & Geddes traded 13,115 shares at $6.65 down 10 cents, Gleaner traded 66,494 shares at $1.30, Jamaica Producers traded firm at $18.50 at the close, down 50 cents with 17,367 shares, Mayberry Investments traded 30,160 units to close at $2.75 with a loss of 5 cents. National Commercial Bank had a big trade of 92,000,663 shares trading at $29.50 and gained 12 cents. The trade was executed by NCB Capital Markets. Sagicor Group ended trading with 12,000 units at $13, down 50 cents and Jamaica Money Market Brokers 7.50% preference share traded 146,000 units at $2.

Trading on the Jamaica Stock Market closed on Monday with 5 stocks rising, 12 declining as 25 securities changed hands with 95,259,067 units trading, valued at $2,718,914,726, in all market segments. National Commercial Bank accounted for 92 million units of the volume.
At the close, the JSE Market Index lost 10.54 points to 97,939.70, the JSE All Jamaican Composite index fell 11.77 points to close at 108,409.21 and the JSE combined index declined 53.66 points to end at 99,966.55.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator showed a reading of 8 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, ended with 2,300,000 units changing hands unchanged at 39 cents, Caribbean Cement traded 187,200 shares and lost 31 cents to close at $8.19, Carreras had 3,955 units trading to close at $49.50 and lost 50 cents. Desnoes & Geddes traded 13,115 shares at $6.65 down 10 cents, Gleaner traded 66,494 shares at $1.30, Jamaica Producers traded firm at $18.50 at the close, down 50 cents with 17,367 shares, Mayberry Investments traded 30,160 units to close at $2.75 with a loss of 5 cents. National Commercial Bank had a big trade of 92,000,663 shares trading at $29.50 and gained 12 cents. The trade was executed by NCB Capital Markets. Sagicor Group ended trading with 12,000 units at $13, down 50 cents and Jamaica Money Market Brokers 7.50% preference share traded 146,000 units at $2.

Purchases by dealers of foreign currencies on Monday, resulting in the local currency making gains against the US and the Pound but slipped against the Canadian dollar. The market closed with dealers buying the equivalent of US$41,158,446 in contrast to US$31,035,222 on Friday, while they sold the equivalent of US$39,225,307, previously US$29,331,577.
In US dollar trading , dealers bought US$37,809,382 compared to US$28,539,977 on Friday. The buying rate for the US dollar fell 5 cents to $116.71 and US$37,741,387 was sold versus US$27,597,716 on Friday, the selling rate fell 4 cents to $117.35. The Canadian dollar buying rate declined 30 cents to $87.37 with dealers buying C$1,262,916 and selling C$666,113, at an average rate that inched up 9 cents to $89.87. The rate for buying the British Pound declined 14 cents to $179.36 for the purchase of £1,441,789, while £476,425 was sold, at an average rate that fell 37 cents to $181.55 At the end of trading, it took J$128.973 to purchase the Euro, with a loss of 18 cents on Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.11 for a fall of 43 cents from Friday. Other currencies bought, amounted to the equivalent of US$187,874, while the equivalent of US$236,733 was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 13 cents to $117.47, the lowest buying rate dropped $9.35, to $86.80, the highest and lowest selling rates were unchanged at $123.21 and $96.15 respectively. The highest buying rate for the Canadian dollar dropped $2.66 to $90.95. The lowest buying rate declined 95 cents to $71.38, the highest selling rate gained $3.25 cents to $86.50 and lowest selling rate dropped $1.40 to $85.75. The highest buying rate for the British Pound, jumped $3.24 to $185.74, the lowest buying rate declined 49 cents to $146.25, with the highest selling rate remaining un at $189.18 and the lowest selling rate fell $1.80 to $176.20.

Purchases by dealers of foreign currencies on Monday, resulting in the local currency making gains against the US and the Pound but slipped against the Canadian dollar. The market closed with dealers buying the equivalent of US$41,158,446 in contrast to US$31,035,222 on Friday, while they sold the equivalent of US$39,225,307, previously US$29,331,577.
In US dollar trading , dealers bought US$37,809,382 compared to US$28,539,977 on Friday. The buying rate for the US dollar fell 5 cents to $116.71 and US$37,741,387 was sold versus US$27,597,716 on Friday, the selling rate fell 4 cents to $117.35. The Canadian dollar buying rate declined 30 cents to $87.37 with dealers buying C$1,262,916 and selling C$666,113, at an average rate that inched up 9 cents to $89.87. The rate for buying the British Pound declined 14 cents to $179.36 for the purchase of £1,441,789, while £476,425 was sold, at an average rate that fell 37 cents to $181.55 At the end of trading, it took J$128.973 to purchase the Euro, with a loss of 18 cents on Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.11 for a fall of 43 cents from Friday. Other currencies bought, amounted to the equivalent of US$187,874, while the equivalent of US$236,733 was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 13 cents to $117.47, the lowest buying rate dropped $9.35, to $86.80, the highest and lowest selling rates were unchanged at $123.21 and $96.15 respectively. The highest buying rate for the Canadian dollar dropped $2.66 to $90.95. The lowest buying rate declined 95 cents to $71.38, the highest selling rate gained $3.25 cents to $86.50 and lowest selling rate dropped $1.40 to $85.75. The highest buying rate for the British Pound, jumped $3.24 to $185.74, the lowest buying rate declined 49 cents to $146.25, with the highest selling rate remaining un at $189.18 and the lowest selling rate fell $1.80 to $176.20.

Trading activity on the junior market ended on Monday with the market losing further ground. At the close there was activity in just 5 securities with 453,563 units changing hands, valued at $929,782. The JSE Junior Market Index fell 4.82 points to close at 841.74 as the market ended with the prices of 3 stocks rising and 2 declining.
At the close, the junior market had 3 stocks having bids higher than their last selling prices, 1 with a lower offer. 5 securities closed with no bids to buy, while 6 had no stocks being offered for sale.
Other stocks trading, Caribbean Cream traded 300,400 units to end at $2.13, Knutsford Express ended with 16,204 units changing hands at $6 for a fall of 10 cents, Lasco Distributors traded 66,900 shares at $1.40, down 5 cents. Lasco Manufacturing with 68,059 shares closed unchanged at $1.30 and Derrimon Trading preference shares ended with 2,000 shares changing hands to close $2.40.

Trading activity on the junior market ended on Monday with the market losing further ground. At the close there was activity in just 5 securities with 453,563 units changing hands, valued at $929,782. The JSE Junior Market Index fell 4.82 points to close at 841.74 as the market ended with the prices of 3 stocks rising and 2 declining.
At the close, the junior market had 3 stocks having bids higher than their last selling prices, 1 with a lower offer. 5 securities closed with no bids to buy, while 6 had no stocks being offered for sale.
Other stocks trading, Caribbean Cream traded 300,400 units to end at $2.13, Knutsford Express ended with 16,204 units changing hands at $6 for a fall of 10 cents, Lasco Distributors traded 66,900 shares at $1.40, down 5 cents. Lasco Manufacturing with 68,059 shares closed unchanged at $1.30 and Derrimon Trading preference shares ended with 2,000 shares changing hands to close $2.40.

Trading in the overall market ended with 8 securities changing hands on Monday with 2 stocks gaining, 1 declining and 5 traded with the price unchanged. A total of only 75,710 shares traded, valued at $2,839,189.
At the close of the market, the Composite Index rose 0.06 points to close at 1,155.42, the All T&T Index advanced by 0.12 points to 1,965.03 and the Cross Listed Index remained at 45.36.
Gains| In trading, Angostura Holdings with 30,000 shares for a value of $420,300 to close at $14.01 and Ansa McAL ending with 200 shares at $67.27 for a gain of 2 cents,
Declines| Clico Investment Fund stock price lost 2 cents to $22.63 with 18,248 shares trading at a value of $413,408.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank with 10,499 shares valued at $374,803 to close unchanged at $35.70, Massy Holdings trading 6,457 shares valued at $415,185, to end at $64.30, National Enterprises closed with 500 shares trading at $17.20, Scotiabank traded 567 units and closed at $62.31 and West Indian Tobacco closed with 9,239 shares changing hands at $125.35, valued at $1,158,108.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.