2 stocks up 2 down on TTSE
At the close the Composite Index ending with a loss of 0.42 points at 1,148.22 the All T&T Index declined 0.83 points to 1,949.97 and the Cross Listed Index remained at 45.46.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
Gains| Prestige Holdings with 17,000 units changing hands ended at $9.92 to record a gain of 2 cents and Trinidad Cement closed at $3.80 with 2,400 shares changing hands with a rise of 5 cents.
Declines| First Citizens Bank traded 2,140 shares and closed with a loss of 1 cent at $35 and Trinidad and Tobago NGL closed at $21.50 with 111,076 units valued at $2,387,860 trading after falling 50 cents, but had an offer at $21.50 to sell 1,058 units and a bid to buy 1,000 units at $21.
Firm Trades| Clico Investment Fund closed with 20,616 shares valued at $464,272, changing hands, to end at $22.52, Republic Bank traded 1,050 shares to close at $112, Scotiabank closed with 42,472 shares with a value of $2,654,500 changing hands, unchanged at $62.50 and Scotia Investments closed with 205,298 shares for a value of $338,742 changing hands at $1.65.
Jam$ mixed on Thursday
Flows of foreign currencies into and out of the system, fell back to normal levels from Wednesday’s heightened reading. At the close of trading, the equivalent of US$37,495,499 was bought by dealers, compared with US$70,261,659 on Wednesday, while they sold the equivalent of US$40,152,220 versus US$67,303,552 previously.
In US dollar trading , dealers bought US$34,396,866 compared to US$65,914,311 on Wednesday. The buying rate for the US dollar fell 15 cents to $119.43 and US$38,980,232 was sold versus US$65,742,994 on Wednesday, the selling rate remained at $119.88. The Canadian dollar buying rate lost 28 cents to $88.14 with dealers buying C$875,428 and selling C$450,499, at an average rate that declined $1.22 to $90.12. The rate for buying the British Pound climbed 30 cents to $181.78 for the purchase of £1,562,561, while £363,843 was sold, at an average rate that rose 68 cents to $182.64. At the end of trading, it took J$130.21 to purchase the Euro, a fall of $1.06 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.93 for a decline of 68 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$74,193 being bought, while US$279,015 was sold.
Highs & Lows| On Thursday, the highest buying rate for the US dollar, rose 5 cents to $120.10, the lowest buying rate rose 5 cents to $98.45, the highest selling rate gained 5 cents to close at $126.15 and lowest selling rate jumped $1.98 to end at $100.39. The highest buying rate for the Canadian dollar dropped d $3.25 to $91.50, the lowest buying rate rose 29 cents to end at $73.25, the highest selling rate climbed 68 cents to $94.43 and the lowest selling rate remained at $86.50. The highest buying rate for the British Pound, jumped $4.22 to end at $188.32. The lowest buying rate rose 42 cents to $147.16, the highest selling rate dropped 26 cents to $188.08 and the lowest selling rate lost $1.60 to $175.60.
TTSE closes slightly lower
Trading remained subdued on the Trinidad and Tobago Stock Exchange on Thursday and ended with 8 securities trading. The market closed with 2 stock closing higher, 1 declining and 5 remaining unchanged as 147,366 shares changing hands for a value of $2,670,288.
At the close the Composite Index ending with a loss of 0.23 points at 1,148.64 the All T&T Index declined 0.46 points to 1,950.80 and the Cross Listed Index remained at 45.46.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.
Gains| Guardian Holdings closed with 10,910 shares changing hands, for 10 cents higher at $12.90 and Trinidad and Tobago NGL closed at $22 with only 107 units trading after rising by 1 cent but had an offer at $21.99 to sell 7,350 units.
Declines| Massy Holdings with a volume of 2,610 shares 39 cents in closing at $62.
Firm Trades| Angostura Holdings with 28,679 shares valued at $401,506 changing hands, closed at $14, Clico Investment Fund closed with 81,144 shares valued at $1,827,380, changing hands, to end at $22.52, First Citizens Bank traded 2,140 shares and closed at $35.01, National Enterprises traded 1,490 shares to close at $16.50 and National Flour Mills with 20,506 shares changing hands closed at $1.97.
Markets are up in early trading
The main and junior markets are up in early trading in Thursday morning session but the main market is still below levels reached in Wednesday morning trading up to 10.35am.
The Jamaica stock market after 75 minutes of trading, recorded gains in the indices. The all Jamaican Composite index gained 329.84 points to 146,949.97, the JSE Market Index rose 295.15 points to 132,426.14 the JSE combined index climbed 386.63 points to be at 137,888.73 and the junior market index rose 12.09 points to its highest level of 1,440.01.
Trading resulted in 31 securities changing hands with a volume of 4,619,249 units as 15 stocks gained and 5 declined and a number of new all-time highs were reached with the Jamaica Stock exchange.
Some buying as come in for Cable and Wireless as the stock traded 2,082,202 shares as the price added 2 cents to 82 cents and as high as 85 cents. The stocks now has bid of 82 cents to buy over 400,000 shares on the offer is at 90 cents. In the wider market, Scotia Investments traded 798,900 shares at $27.50 and Supreme Ventures traded 220,796 units at $4.65.
TTSE down moderately on Wednesday
At the close the Composite Index ending with a loss of 1.16 points at 1,148.87 the All T&T Index declined 2.30 points to 1,951.26 and the Cross Listed Index remained at 45.46.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7
stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
Gains| Republic Bank was the sole stock to record an increase in price, as it traded 26,588 shares and gained 1 cent to close at $112.
Declines| Trinidad and Tobago NGL slipped 75 cents in trading to close at $21.99 with 40,501 units valued at $891,180.
Firm Trades| Clico Investment Fund closed with 44,880 shares valued at $1,010,699, changing hands, to end at $22.52, First Citizens Bank traded 1,055 shares and closed at $35.01, Guardian Holdings closed with 500 shares changing hands, at $12.80, Guardian Media closed with 546 shares changing hands at $19.77. National Flour Mills with 7,152 shares changing hands closed at $1.97, Praetorian Property Mutual Fund traded 2,000 shares to end at $3.07, Sagicor Financial had 1,240 shares changing hands and closed at $5.75. Scotiabank closed with 16,585 shares valued at $1,036,563 changing hands, to end at $62.50. Scotia Investments closed with a volume with 50,000 shares changing hands at $1.65 and Trinidad Cement closed at $3.75 after trading 2,543 shares.