7 stocks up 2 down on TTSE
At the close of the market, the Composite Index lost 6.01 points to close at 1,159.92, the All T&T Index rose by just 0.10 points to close at 1,968.67 and the Cross Listed Index fell 1.62 points to end at 46.08.
Gains| Stocks increasing in price at the close are, Grace Kennedy with 97,780 shares trading for $349,075 and gaining 1 cent, in closing at $3.57. IC Insider Buy Rated National Flour Mills, gained 4 cents to end the day at a new 52 weeks’ high of $1.77, with only 120 shares trading as investors continue to respond to increased profits for the company, followed by Sagicor Financial Corporation in contributing 27,400 shares with a value of $165,246, to gain of 2 cents to $6.04. Scotiabank with 677 shares trading, closed with a gain of 1 cent at $62.54. Scotia Investments traded 1,000 shares, to gain 2 cents to close at $1.49, Unilever Caribbean with 100 shares changing hands closed with an increase of 1 cent to end at a new 52 weeks’ high of $66.15 and West Indian Tobacco ended with 194 units trading at $125.31 with a 3 cents increase.
Declines| The stocks declining at the end of trading are, ANSA Mcal with 149 shares trading ended at $67.054 having lost 1 cent and Prestige Holding traded 550 shares to close with a loss of 9 cents at $9.90.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank contributed 940 shares with the price closing unchanged at $38.92. Clico Investment Fund with 1,019,235 shares valued at $22,983,749 and remained at $22.55 while First Citizens Bank added 12,072 shares valued at $432,178 to close at $35.80. National Enterprises traded 1,200 units to close at $17.20, National Commercial Bank with 152,500 shares changing hands for a value of $260,050 closed at $1.90 but traded as low as $1.70 and Massy Holdings traded 5,048 shares valued at $323,577 to close at $64.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 1 stock with a lower offer.
J$ mostly stable on Friday
Purchase of all currencies by dealers, amounted to the equivalent of US$35,027,214 on Friday compared with US$35,830,645, on Thursday they sold the equivalent of US$37,165,779 versus sale of US$40,929,461 previously, as the Jamaican was fairly stable in trading.
In US dollar trading, dealers bought US$31,693,062 compared to US$31,357,331 on Thursday. The buying rate for the US dollar is up 4 cents at $115.64 and US$35,366,192 was sold versus US$37,143,967 on Thursday, the selling rate is unchanged at $116.12. The Canadian dollar buying rate fell $1.25 to $90.92 with dealers buying C$1,102,498 and selling C$1,073,281, at an average rate that inched down 1 cent to $93.16. The rate for buying the British Pound dropped 75 cents to $175.96 for the purchase of £1,481,732, while £446,276, was sold, at an average rate that rose 16 cents to $177.57. At the end of trading it took J$126.78 to purchase the Euro, 51 cents more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$124.33 for 49 cents more than Thursday’s rate. Other currencies bought, amounted to the equivalent of US$212,700, while the equivalent of US$256,063, was sold.
Highs & Lows| The highest buying rate for the US dollar, remained at $116.30 and so did the lowest buying rate that traded at $94.98 and the highest selling rate that remained unchanged at $121.71. The lowest selling rate jumped $21.80 to $113.30. The highest buying rate for the Canadian dollar fell 20 cents to $93.05. The lowest buying rate declined 21 cents to $73.70, the highest selling rate rose 40 cents to $96.90 and the lowest selling rate gained 70 cents to $90. The highest buying rate for the British Pound, declined 49 cents to $178.55, the lowest buying rate closed at $142.43, down 50 cents, the highest selling rate dropped $3.31 to $180.79 with the lowest selling rate falling 28 cents to $170.72.
J$ suffers losses on Thursday
Purchase of all currencies by dealers, amounted to the equivalent of US$35,830,645 on Thursday compared with US$34,384,758, on Wednesday they sold the equivalent of US$40,929,461 versus sale of US$41,745,870 previously, as the Jamaican suffered mostly losses in trading.
In US dollar trading, dealers bought US$31,357,331 compared to US$30,900,997 on Wednesday. The buying rate for the US dollar was unchanged at $115.60 and US$37,143,967 was sold versus US$39,876,181 on Wednesday, the selling rate rose 1 cent to end at $116.12. The Canadian dollar buying rate rose $1.03 to $92.17 with dealers buying C$2,528,148 and selling C$3,242,100, at an average rate that inched up 12 cents to $93.17. The rate for buying the British Pound gained $1.10 to $176.71 for the purchase of £1,514,771, while £460,679, was sold, at an average rate that slipped 41 cents to $177.41. At the end of trading it took J$126.27 to purchase the Euro, 26 cents less than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$123.83 for a fall of 9 cents from Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$141,955, while the equivalent of US$480,139, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 70 cent to $116.30. The lowest buying rate jumped $5.29 to $94.98, but the highest selling rate was unchanged at $121.71 and the lowest selling rate dropped $21.80 to $91.50. The highest buying rate for the Canadian dollar fell just 5 cents to $93.25. The lowest buying rate declined 29 cents to $73.91, the highest selling rate remained at $96.50 and the lowest selling rate fell 10 cents to $89.30. The highest buying rate for the British Pound, declined 10 cents to $179.04, the lowest buying rate closed at $142.93, down 37 cents, the highest selling rate dropped 64 cents to $ 184.10 with the lowest selling rate falling $1.65 to $171.
NCB trades at J$35 on TTSE
At the close of the market, the Composite Index rose 4.60 points to close at 1,165.93, the All T&T Index fell 1.24 points to close at 1,968.57 and the Cross Listed Index increased by 1.40 points to end at 47.70.
Gains| Stocks increasing in price at the close are, National Commercial Bank with 105,021 shares changing hands for a value of $204,641 and enjoying an increase of 20 cents to end at a new 52 weeks high of $1.95 or the equivalent of J$35, nearly $5 higher than in Jamiaca. Point Lisas Industrial Port Development traded 75,000 shares valued at $285,750, gained 1 cent and closed at $3.81, Republic Bank traded 560 shares to close with a gain of 1 cent at $115 and Scotia Investments contributed 80,500 shares with a value of $118,335 and closed with a gain of 2 cents at $1.47.
Declines| The only stock declining at the end of trading is National Enterprises with 105,000 shares being trading with a value of $1,806,000 and ended with a loss of 10 cents at a new 52 weeks’ low of $17.20.
Firm Trades| Stocks closing with prices unchanged at the end of the market are, ANSA McAL traded 2,600 shares with a value of $174,330 to close unchanged at $67.06, Clico Investment Fund with 31,047 units carry a value of $700,110 to remain at $22.55, First Citizens Bank trading 15,243 shares valued at $545,699 to close unchanged at $35.80. Guardian Holdings with 409 shares closed at $14.15, Guardian Media 6% preference share traded just 20 units at $65.01, Prestige Holdings traded 2,406 shares and closed at $9.99 and Trinidad Cement contributing 44,863 shares to the volume traded, the price closed unchanged at $2.80.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
J$ makes gains on Wednesday
Purchase of all currencies by dealers, amounted to the equivalent of US$34,384,758 on Wednesday compared with US$37,791,833, on Tuesday and selling, the equivalent of US$41,745,870 versus sale of US$47,446,182, previously as the Jamaican gained in trading.
In US dollar trading, dealers bought US$30,900,997 compared to US$33,833,409 on Tuesday. The buying rate for the US dollar rose 15 cents to $115.60 and US$39,876,181 was sold versus US$44,463,077 on Tuesday, the selling rate was unchanged at $116.11. The Canadian dollar buying rate dropped 21 cents to $91.14 with dealers buying C$922,677 and selling C$677,514, at an average rate that fell 75 cents to $93.05. The rate for buying the British Pound fell $1.23 to $175.61 for the purchase of £1,295,130, while £463,591, was sold, at an average rate that slipped $2.06 to $177.82. At the end of trading it took J$126.54 to purchase the Euro, $1.45 less than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$123.92 for a fall of $1.79 on Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$788,872, while the equivalent of US$616,774, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 70 cent to $117. The lowest buying rate dropped $1.41 to $89.69, but the highest selling rate was unchanged at $121.71 and the lowest selling rate jumped $18.32 to $113.30. The highest buying rate for the Canadian dollar fell 90 cents to $93.30. The lowest buying rate declined $1.12 to $74.20, the highest selling rate lost 60 cents to $96.50 and the lowest selling rate fell $1.10 to $89.40. The highest buying rate for the British Pound, declined $1.06 to $179.14, the lowest buying rate closed at $143.30, down $1.33, the highest selling rate dropped $1.71 to $184.74 with the lowest selling rate falling $1.35 to $172.65.