Trading was subdued in the first half an hour of opening on the Jamaica Stock 
Exchange on Friday but the main indices were all down with the all Jamaica Composite Index now at 108,889.07 and is down by 986.91 points, the junior market slipped 0.89 points to 911.77.
14 securities have so far traded amounting to 1.94 million units.
Limited early morning trading
June 5, 2015 by
J$ rose slightly vs US$ on Thursday
June 4, 2015 by
Purchase of all currencies by dealers, amounted to the equivalent of US$27,853,500 on Thursday compared with US$23,652,668, on Wednesday. Dealers sold the equivalent of US$27,599,875 versus US$30,343,409 previously, as the Jamaican dollar rose slightly against the US dollar and the Pound but gained versus the Canadian dollar at the end of trading.
In US dollar trading, dealers bought US$24,983,582 compared to US$21,643,631 on Wednesday. The buying rate for the US dollar rose 18 cents at $115.61 and US$26,239,211 was sold versus US$27,817,822 on Wednesday, the selling rate rose 4 cents to $116.16. 
The Canadian dollar buying rate fell 2 cents to $90.82 with dealers buying C$850,408 and selling C$576,443, at an average rate that declined 34 cents to $93.48. The rate for buying the British Pound gained 63 cents to $175.34 for the purchase of £1,399,062, while £522,216, was sold, at an average rate that climbed 50 cents to $178.28. At the end of trading it took J$130.82 to purchase the Euro, $1.59 more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.09 for $1.45 more Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$79,944, while the equivalent of US$95,2536, was sold.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained unchanged $116.35, $95.19 and $121.98 respectively but the lowest selling rate fell $18.32 to $94.98. 
The highest buying rate for the Canadian dollar fell 45 cents to $93.05, the lowest selling rate rose 71 cents to $73.87, the highest selling rate declined 97 cents to $95.23 and the lowest selling rate remained unchanged at $89.30. The highest buying rate for the British Pound, rose 9 cents to $178.45, the lowest buying rate closed at $143.18, up 30 cents, the highest selling rate declined $2.48 to $181.72 with the lowest selling rate dropping $1.50 to $172.30.
JSE records gains as 12 stock rose
June 4, 2015 by
JSE closed at a new high on Thursday of $5
The JSE Market Index rose by 850.14 points to 99,251.97,
the JSE All Jamaican Composite index rose 950.23 points to close at 109,875.98 and the JSE combined index gained 909.48 points to end at 101,846.89.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 4 with offers that were lower.
After two hours of trading on Thursday there was heavy trading in a number of stocks. The big trades for the day are Caribbean Cement with 4,504,011 shares to close at $4.80, the vast majority traded at $5. Carreras traded 528,878 units to end at $50, Jamaica Broilers with 3,019,120 shares changing hands, closed at $5.50, Scotia Group traded 1,103,300 shares with the price closing unchanged at $25.50 as Scotia Investment bought most of those to trade. Supreme Ventures had 8,559,749 shares traded to end at $3.50, down 25 cents and Jamaica Money Market Brokers 7.50% preference share traded 836,000 units with a gain of 19 cents to end at $2.30.
Elsewhere in the market, Jamaica Stock Exchange traded 21,150 units to end with a gain
of 20 cents to a new closing high of $5. National Commercial Bank with 248,135 shares closed at $29.60 to end with a 5 cents gain, Pan Jamaican Investment traded 5,678 shares to close 3 cents higher at a new 52 weeks high of $60.55, Pulse Investments traded 300,000 units at 45 cents, to gain 9 cents for a new 52 weeks high. Sagicor Group had 388,585 shares trading to close at $12, Sagicor Real Estate Fund traded 418,797 shares at $7.60, up 50 cents on the day, Scotia Investments exchanged 20,028 shares to close at $26.28 and Proven Investments traded 146,255 shares at 21 US cents.
Carib Producers tops trading
June 4, 2015 by
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Trading picked up on the Junior Market with 7 securities trading, and ended with 8,635,658 units changing hands valued at $25,070,304 as Caribbean Producers accounts for the majority of the volume and value of trades. The JSE Junior Market Index gained 11.91 points to end at a new closing high of 912.66, with the price of 2 stocks advancing, 1 declining and 1 closing at 52 weeks’ high.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 2 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 8 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Producers traded 7,617,000 units to close at $2.88, after it traded earlier in the trading session at $3. General Accident Insurance concluded trading with just 5,822 shares changing hands to end at $2, Jamaican Teas ended with 150,000 shares trading unchanged at $3.50, Lasco Distributors traded 322,540 shares at $1.70, Lasco Financial Services finished trading with 216,350 units, 5 cents at an all-time high of $1.86. There was dealing in 69,846 Lasco Manufacturing’s shares as the stock traded lower by 2 cents to $1.38 and Derrimon Trading 9.5% preference share closed trading with 254,100 units at $2.50.
Heavy trading in morning session
June 4, 2015 by
Trading after two hours of trading saw heavy trading in a number of stocks with 21 securities trading and accounting for 26.76 million units valued at $158,387,841.
The big trades are Caribbean Cement traded 4,500,000 at $5, Caribbean Producers 7,600,000 units, Carreras 497,040 units, Jamaica Broilers 3 million units, Scotia Group 852,912 shares with the price rising as Scotia Investment bought most of those to trade and Supreme Ventures 8.5 million shares.
The prices of 14 stocks are up so far with only 3 declining. The junior market is up 13.71 to 914.46, the all Jamaica composite Index gained 1,442.36 to 110,386.11 and the combined index is up 1,340.89 to 102,278.30.
Junior market at new high at 10am
June 4, 2015 by
J$ stable against US$ on Wednesday
June 3, 2015 by
Purchase of all currencies by dealers, amounted to the equivalent of US$23,652,668 on Wednesday compared with US$29,566,209, on Tuesday. Dealers sold the equivalent of US$30,343,409 versus US$34,947,602 previously, as the Jamaican dollar was stable against the US dollar but fell in value versus the Pound and Canadian dollar at the end of trading.
In US dollar trading, dealers bought US$21,643,631 compared to US$24,221,951 on Tuesday. The buying rate for the US dollar fell 10 cents at $115.43 and US$27,817,822 was sold versus US$32,246,014 on Tuesday, the selling rate remained at $116.12. 
The Canadian dollar buying rate fell 59 cents to $90.84 with dealers buying C$712,047 and selling C$1,155,983, at an average rate that climbed $1 to $93.82. The rate for buying the British Pound declined $1.19 to $174.71 for the purchase of £915,729, while £815,969, was sold, at an average rate that climbed 66 cents to $177.78. At the end of trading it took J$129.23 to purchase the Euro, $2.68 more than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.64 for $2.58 more Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$62,758, while the equivalent of US$342,336, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 5 cents t0 $116.35, the lowest buying rate jumped $5.84 to $95.19. The highest selling and the lowest selling rates remained unchanged $121.98 and $113.30 respectively. The highest buying rate for the Canadian dollar declined 15 cents to $93.50. 
The lowest buying rate fell 54 cents to $73.16, the highest selling rate declined 30 cents to $96.20 and the lowest selling rate rose 50 cents to $89.30. The highest buying rate for the British Pound, fell 44 cents to $178.36, the lowest buying rate closed at $142.88, up 87 cents, the highest selling rate rose $1.40 to $184.20 with the lowest selling rate jumping $8.80 to $173.80.
3 new highs on TTSE
June 3, 2015 by
Unilever closed at a new 52 weeks high on Wednesday
At the close of the market, the Composite Index fell by 1.56 points to close at 1,159.15, the All T&T Index rose by just 0.62 points to close at 1,969.84 and the Cross Listed Index decreased by 0.50 points to end at 45.72.
Gains| Stocks increasing in price at the close are, Ansa McAL traded 900 shares to close with a gain of 1 cent at $67.06, Massy Holdings ended up with 380 units changing hands 15 cent higher at $64.25. Mora Ven Holdings, with 200 shares trading closed at a 52 weeks’ high of $14.98 as the price gained a cent. The stock was traded for the first time since April last year, according to data on the Trinidad & Tobago Stock Exchange. National Flour Mills with 1,500 shares changing hands, closed with a gain of 10 cents at $2, for a new 52 weeks’ high. Point Lisas gained 1 cent to end at $3.81 with just 300 shares trading, Unilever Caribbean contributed 3,839 shares with a value of $254,724 and gained 21 cents to end at $66.36 for another r52 weeks’ high and West Indian Tobacco closed 2 cents up to $125.33 with 94 shares trading.
Declines| The stocks declining at the end of trading are, Clico Investment Fund which lost 5 cents to close at $22.50 with 7,150 shares trading, valued at $160,888. Grace Kennedy added 1,900 shares to close 2 cents lower at $3.55, National Commercial Bank contributing just 120 shares, 5 cents lower at $1.70 and JMMB Group with a volume of 100,000 shares being traded 3 cents lower, at 47 cents.Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s ending with 1,100 shares trading, in closing at $17.25. First Citizens Bank trading 9,781 shares valued at $350,181 closed at $35.80, National Enterprises with 250 shares closed at $17.20, Prestige Holdings ended with just 10 shares changing hands at $9.90 and Scotiabank traded 50 units at $62.54.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
All-time high of 900 for Junior Market
June 3, 2015 by
Lasco Financial Services stock closed at a new high of $1.81 on Thursday.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 2 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
In trading ended with three stocks closing at 52 weeks’ highs while, Access Financial traded just 350 units at $17 but the offer closed at $16.98. Cargo Handlers finished trading with 102,900 units, to close with a gain of 19 cents at a new all-time high of $22.48, the stock closed with a bid at $23 to purchase 100,000 units, Caribbean Cream ended with 237,955 units trading at a new 52 weeks’ high of $2.35. Caribbean Flavours ending with 155,333 shares at $2.08 to gain 8 cents, Caribbean Producers with only 9,671 shares trading lower by 2 cents to $2.78, General
Accident Insurance concluded trading with 24,200 shares changing hands to close at $2, Lasco Distributors traded 73,366 shares, 4 cents higher at $1.70, Lasco Financial Services finished trading with 277,000 units, the price rose 16 cents to $1.81, for a new all-time high. There was dealing in 43,000 Lasco Manufacturing’s shares as the stock closed unchanged at $1.40, Medical Disposables contributed 143,000 shares with the price rising 5 cents, to $2, Paramount Trading ended with 15,916 shares to increase of 2 cents to $3.97.
Declining stocks outpace advancers
June 3, 2015 by
Activity on the Jamaica Stock Exchange, resulted in the prices of 10 stocks rising, 13 declining as 33 securities changed hands, ending in 9,407,399 units trading, valued at $83,136,775, with 4 stocks closing at 52 weeks’ high, in all market segments.
The JSE Market Index lost 787.71 points to 98,401.83, the JSE All Jamaican Composite index declined 880.45 points to close at 108,925.75 and the JSE combined index dropped by 631.19 points to end at 100,937.41.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 15 stocks with bids higher than their last selling prices and 9 with offers that were lower. The indication is for fluidity in price movements on Thursday and the likelihood of declining stocks out numbering advancing ones.
In trading, Berger Paints traded 71,289 units at $3, Caribbean Cement had 201,560 units trading at $5 after dropping 10 cents. Interestingly, even as Cable & Wireless posted a large loss after taking a $7 billion one off extra ordinary expense hit, the stock traded 649,000 units between 50 cents and the closing price of 48 cents, the same as on Tuesday. Carreras traded 483,380 units at $50, after falling $1.50, Gleaner Company had 219,403 shares trading at $1, Hardware & Lumber closed with 38,638 shares trading unchanged at $18, Jamaica Broilers having 2,428,147 units trading with the price holding at $5.18 after slipping from $5.50 earlier in the day, to end the day down 7 cents. JMMB Group lost 79 cents while it traded 1,130,033 units as the price closed at $7.71, following poor profit results in the final quarter of the fiscal year to March.
Mayberry Investments had 1,099,821 units trading 4 cents lower at $3.05. One million units of the stock were sold by JMMB Securities and Mayberry bought them for in house purposes. National Commercial Bank ended with 81,153 units changing hands 35 cents down at $29.55, Pan Jamaican Investment traded 4,078 units 2 cents higher for a new 52 weeks’ high of $60.52. Sagicor Group had 1,199,248 shares trading at $12, after slipping 5 cents, Scotia Group had 315,085 units changing hands to end 250 cents higher at $25.50 and Jamaica Money Market Brokers 7.50% preference shares closed with 295,000 units trading to end at $2.11.
