The Jamaican dollar suffered losses on Friday against the US dollar and the Pound, the euro and gained on the Canadian dollar. Dealers bought the equivalent of US$31,243,493 compared with US$24,746,899 on Thursday, while they sold the equivalent of US$30,952,352 versus US$27,237,059 previously.
In US dollar trading, dealers bought US$27,235,624 compared to US$19,916,588 on Thursday. The buying rate for the US dollar rose 20 cents at $116.07 and US$28,289,318 was sold versus US$22,177,217 on Thursday, the selling rate rose 11 cents to $116.66. 
The Canadian dollar buying rate dropped $1.19 to $93.65 with dealers buying C$1,262,421 and selling C$1,264,620, at an average rate that fell 84 cents to $95.10. The rate for buying the British Pound declined 85 cents to $180.93 for the purchase of £1,851,088, while £953,554 was sold, at an average rate that rose $2.94 to $186.66. At the end of trading, it took J$132.90 to purchase the Euro, $2.04 more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.14 for $2.11 more than Thursday’s rate. Other currencies bought, amounted to the equivalent of US$103,899, while the equivalent of US$106,323 was sold.
Highs & Lows| The highest buying rate for the US dollar climbed $1.35 to $118.20, the lowest buying rate dropped $2.36 to $93, the highest selling rate rose 33 cents to $122.52 and lowest selling rate added 25 cents $95.61. 
The highest buying rate for the Canadian dollar declined 45 cents to $95.50, the lowest buying rate ended 17 cents higher at $75.12. The highest selling rate was up 2 cents to $97.90 and the lowest selling rate climbed $1.25 to $91.75. The highest buying rate for the British Pound, dipped 8 cents to $185.07, the lowest buying rate jumped $2.82 to $149.07, with the highest selling rate climbing $3 to $192.17 and the lowest selling rate jumping $3.60 to $179.60.
J$ mostly down in value on Friday
JSE slips most stocks rose
Caribbean Cement factory the company’s stock closed at a 52 weeks’ high on Friday
TheJSE Market Index lost 248.58 points to 97,382.18, theJSE All Jamaican Composite index fell 277.83 points to close at 107,786.05 and the JSE combined index dropped 186.25 points to end at 100,134.89.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and 3 with offers that were lower.
In trading, Cable & Wireless ended with 400,245 units changing hands, 1 cents down at 44 cents, there is some amount of selling at the 48-50 cents range and not much buying showing before 40 cents, with the full 2015 fiscal year results showing a large loss. The Gleaner contributed 670,000 shares with the price rising 3 cents, to end at $1.08, Jamaica Stock Exchange ended at a new all-time high of $7 with 58,055 shares trading to gain of 65 cents, ahead of the ex-dividend date of June 23. JMMB Group had 215,427 shares changing hands with the price remaining at $7.50. National Commercial Bank trading in only 32,931 shares closed at $29.50, Pan Jamaican Investment contributed 20,962 shares with the price slipping 1 cent, to $63.50, 
the stock traded earlier at a 52 weeks’ high of $65, Radio Jamaica closed at a new 52 weeks’ high of $3.20 with 50,000 shares changing hands. Sagicor Group contributing 185,000 shares with the price easing 1 cent, to $12.60. Scotia Group contributing 32,351 shares with the price rising just 1 cent to $23.15, Scotia Investments had 32,219 shares trading between $27.28 and the last price of $29.85, Supreme Ventures contributed 2,148,484 shares with the price falling 20 cents, to $3.50 and Proven Investments contributing 94,708 shares with the price closing unchanged at 22 US cents.
Trading picked up on junior market
Jamaican Teas is one of 3 stocks closing at 52 weeks’ high on Friday.
At the close of the market, there were 2 stocks with bids higher than their last selling prices, 2 with lower offers and 5 securities closing with no bids to buy and 6 that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial lost 35 cents to close at $15.50 while trading 100 shares, AMG Packaging ending with 1,233 shares changing hands to close unchanged at $3.16, Caribbean Flavours closed with16,581 shares trading at $2.30, while gaining 21 cents. Caribbean Producers with 76,978 shares trading, ended lower by 12 cents to $2.88, Consolidated Bakeries finishing trading with 33,200 shares, the price inched up 1 cent to a 52 weeks’ high of $1.18 at the end.
Dolphin Cove closed trading with 11,167 shares at a new high of $12 after gaining 50 cents, General Accident Insurance concluded trading with 10,590 shares changing hands to close 11 cents higher at $1.67. Jamaican Teas closed trading with 47,930 shares and gained 48 cents for a 52 weeks’ high of $4. Lasco Distributors traded 18,564 shares, 3 cents lower at $1.65, Lasco Financial Services in trading with 432,000 units, gained 5 cents to end at $1.95, Lasco Manufacturing in trading 14,349 shares, ended 8 cents higher at $1.40, but closed with an offer to sell at $1.37 and Paramount Trading ended with 123,959 shares changing hands with an increase of 11 cents to $5.11.
Slow trading on JSE
After more than an hour of trading on the Jamaica Stock Exchange on Friday activity 
has been low keyed with a very low volume and the indices having changed marginally. A total of 14 securities have traded including 5 in the junior market with a volume of stocks trading is 446,000 units with the prices of 5 stocks gaining and 5 declining.
WITCO up 50 cents to $126
Trading on the Trinidad Stock Exchange ended with 12 securities changing hands of which 3 advanced, 1 declined and 8 traded firm with a total of 501,757 units, valued at $3,073,800 as West Indian Tobacco closed back at its previous 52 weeks’ high of $126.
At the close of the market, the Composite Index lost 0.19 points to close at 1,161.37, the All T&T Index fell by just 0.32 points to close at 1,968.73 and the Cross Listed Index declined by 0.01 points to end at 46.46.
Gains| Stocks increasing in price at the close are, Ansa Merchant Bank with 2,452 shares trading ending at $38.91 by adding 1 cent, Clico Investment Fund with 13,835 shares valued at $316,264 to advance 1 cent to $22.57 and West Indian Tobacco with 306,708 shares changing hands, for a value of $889,453 closed 50 cents higher, at $126.
Declines| The only stocks declining at the end of trading is, First Citizens Bank with 27,711 shares valued $990,668 and closing with a loss of 4 cents at $35.75.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Flavorite Foods trading 4,093 units to close at $4.80. JMMB Group trading 100,000 shares at 45 cents, Massy Holdings trading 1,822 shares to close at $64.35. 
National Enterprises with 7,307 shares trading and closing at $17.19, One Caribbean Media trading 1,746 shares to close at $22.42, Sagicor Financial Corporation trading 32,628 shares with a value of $204,345 and closed unchanged at $6.30, Scotiabank had 3,193 units changing hands at $62.15 and Trinidad Cement ending at $2.90, with 306,708 shares changing hands, for a value of $889,453.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had stocks with the bid higher than their last selling prices and stocks with offers that were lower.
FED comments shake up rates for J$
The Jamaican dollar suffered losses on Thursday as the world major currencies gained sharply on the US dollar resulting in a decline in the value of the local currency against the Pound, the euro and the Canadian dollar, it also slipped against the US dollar as inflows declined during the period for low foreign exchange.
Dealers bought the equivalent of US$24,746,899 compared with US$26,333,879, on Wednesday while they sold the equivalent of US$27,237,059 versus US$29,923,738 previously.
In US dollar trading, dealers bought US$19,916,588 compared to US$21,903,791 on Wednesday. The buying rate for the US dollar rose 16 cents at $115.87 and US$22,177,217 was sold versus US$27,504,837 on Wednesday, the selling rate rose 7 cents to $116.55. 
The Canadian dollar buying rate jumped $1.36 to $94.84 with dealers buying C$3,575,485 and selling C$14,665,541, at an average rate that climbed $1.70 to $95.94. The rate for buying the British Pound increased $2.28 to $181.78 for the purchase of £1,119,476, while £717,241 was sold, at an average rate that rose $1.59 to $183.72. At the end of trading, it took J$130.84 to purchase the Euro, 4 cents more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.03 for 11 cents less than Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$147,539, while the equivalent of US$88,643 was sold.
Highs & Lows| The highest buying rate for the US dollar inched up 5 cents to $116.85, the lowest buying, the highest and lowest selling rates remained at $95.36, $122.19 and $95.36 respectively. 
The highest buying rate for the Canadian dollar climbed $1.20 to $95.95, the lowest buying rate and the lowest selling rates ended unchanged at $74.95 and $90.50 respectively, the highest selling rate was up $1.15 to $97.88. The highest buying rate for the British Pound, climbed $1.90 to $185.15, the lowest buying rate was unchanged at $146.25, with the highest selling rate climbing $2.46 to $189.17 and the lowest selling rate jumping $23.97 to $176.
JSE closes up with 15 stocks rising
Sagicor Group traded at day a new 52 weeks’ high on Thursday.
TheJSE Market Index gained 372.85 points to 97,630.76, theJSE All Jamaican Composite index rose 416.74 points to close at 108,063.88 and the JSE combined index gained 368.09 points to end at 100,321.14.
IC bid-offer Indicator| At the end of trading, in the main and junior markets,
the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 7 with offers that were lower.In trading, Cable & Wireless ended trading with 391,410 shares to end at 45 cents. Caribbean Cement ended with 1,019,125 shares but the price fell 40 cents to $5, Carreras ended trading with 7,660 shares to gain 41 cents to $48.50, Grace Kennedy closed with 32,022 units changing hands, 40 cents higher at $63.90. Jamaica Broilers traded 140,665 shares and was down 5 cents to $5.40, Jamaica Producers jumped $1.46 to $20 on a small volume of 7,239 shares. JMMB Group traded 176,877 shares but remained unchanged at $7.50, National Commercial Bank closed trading with 52,710 units changing hands and gained 5 cents to $29.50,
Sagicor Group traded at a new 52 weeks’ high of $13 during the morning but closed at new 52 weeks’ close of $2.61, 1 cent higher with 69,030 shares trading. Sagicor Real Estate Fund ended with 11,619 shares trading and remained unchanged at $8.Scotia Group had trading in 208,096 shares to gain just 3 cents at $23.14, Supreme Ventures closed with 64,000 shares changing hands at $3.70. Proven Investments traded 91,678 shares and put on 0.38 US cents at the close, for a new closing high of 22 US cents, while Jamaica Money Market Brokers 7.50% preference share, traded 48,470 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 30,500 units and lost 1 cent, to end at $2.98.
Junior market consolidating mode
Dolphin Cove closed at a new 52 weeks’ high of $11.50 on Thursday.
The JSE Junior Market Index gained 1.83 points to close at 912.96, with the prices of 4 stocks advancing, 4 declining with only Dolphin Cove closing at 52 weeks’ high.
At the close of the market, there were 6 stocks with bids higher than their last selling prices, 3 with lower offers and with 4 securities closing with no bids to buy and 6 that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial had just 100 shares trading with a loss of 90 cents and ended at $15.85, but had an offer to sell 10,000 units at $15.80. AMG Packaging ending with 915 shares changing hands to close with a loss of 1 cent at $3.16, Cargo Handlers finished with 1,535 units to close unchanged at $24,
Caribbean Cream ended with 99,617 shares trading and fell 10 cents to close at $1.60. On offer are 970,000 units at $1.70 and 500,000 at $1.80 while the closest bid is at $1.15 to purchase only 30,000 units. Consolidated Bakeries finished trading with 4,000 shares2 cents higher at $1.17, Dolphin Cove ended with 23,000 shares changing hands to close 50 cents higher, at a 52 weeks’ high of $11.50. Honey Bun had 866 shares changing hands, 33 cents higher to $2.95, Lasco Distributors traded 39,000 shares 8 cents higher, at $1.68 and Lasco Financial Services finished trading with 134,450 units, the price slipped 10 cents to $1.90.
JSE gains in early trading
After an hour of trading on the Jamaica Stock Exchange on Thursday the main market 
is up with the prices of 7 stocks gaining, 5 declined as 20 securities has traded including 4 in the junior market that slipped a bit. Total volume of stocks trading is 1.65 million.
TheJSE Market Index gained 599.07 points to 97,856.98 the JSE All Jamaican Composite index rose 669.61 points to 108,316.75 at and the JSE combined index that gained 549.01 points to 100,502.06, the junior market index lost 1.74 points to 909.39.
Caribbean Cement traded 1,007,125 shares is the big trade but the price fell 38 cents to $5.02, Access Financial lost 90 cents in trading just 100 shares to end at $15.85 and Sagicor Group traded at a new 52 weeks’ high of $13 with 50,530 shares trading.
J$ slips against US & Pound
Sale of all currencies by dealers on Wednesday was greater than the amount purchased by US$3.6 million, slightly more than on Tuesday and the Jamaican dollar lost value versus the US dollar and the Pound Sterling. Dealers bought the equivalent of US$26,333,879 compared with US$27,433,039, on Tuesday while they sold the equivalent of US$29,923,738 versus US$30,897,534 previously.
In US dollar trading, dealers bought US$21,903,791 compared to US$24,476,001 on Tuesday. The buying rate for the US dollar lost 9 cents at $115.71 and US$27,504,837 was sold versus US$28,846,312 on Tuesday, the selling rate rose 5 cents to $116.48. The Canadian dollar buying rate jumped 44 cents to $93.48 with dealers buying C$1,728,724 and selling C$1,585,578, at an average rate that declined 2 cents to $94.24.
The rate for buying the British Pound increased $1.29 to $179.50 for the purchase of £1,883,804, while £664,759 was sold, at an average rate that rose $1.76 to $182.13. At the end of trading, it took J$130.80 to purchase the Euro, 15 cents less than on Tuesday , according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.14 for 20 cents less than Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$111,174, while the equivalent of US$96,581 was sold.
Highs & Lows| The highest buying rate for the US dollar fell 2 cents to $116.80, the lowest buying and the highest selling rates remained at $95.36 and $122.19 respectively and the lowest selling rate gained 36 cents to $95.36. 
The highest buying rate for the Canadian dollar fell 82 cents to $94.75, the lowest buying rate inched down 8 cents to $74.95, the highest selling rate declined $2.27 to $96.73 and lowest selling rate gained 10 cents to $90.50. The highest buying rate for the British Pound, climbed $1.35 to $183.25, the lowest buying rate put on $1.21 at $146.25, with the highest selling rate climbing $1.75 to $186.71 and the lowest selling rate dived $22.72 to $152.03.
