Trading resulted in the Jamaican dollar gained in value on Wednesday against all majors it normally trade against. The market ended with dealers buying the equivalent of US$32,239,806 and selling US$36,057,709, in contrast to US$38,374,952 purchased and US$59,515,111 sold on Tuesday.
In US dollars trading, dealers bought US$29,447,273 compared to US$35,361,406 on Tuesday, with the buying rate for the US dollar falling 2 cents to $121.29. A total of US$34,805,943 was sold versus US$38,036,432 on
Tuesday as the selling rate fell 2 cents to end at $122. The Canadian dollar buying rate rose $1.17 to end at $89.33 with dealers buying C$1,291,827 and selling C$591,206, at an average rate that declined by 98 cents to $90.31. The rate for buying the British Pound dropped $1.05 to $168.38 for the purchase of £1,208,083, while only £454,489 was sold compared to £14,483,014, on Tuesday, as the rate dropped $3.47 to $170.06. At the end of trading, the selling rate for Euro, gained 5 cents to close at J$135.59, from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.78 for a fall of 10 cents on Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$164,137 being bought, while US$180,548 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Wednesday are, a gain of $18.26 in the lowest selling rate of the US dollar to close at $118 and a fall of $2.35 in the highest buying rate of the British Pound to $173, while the lowest buying rate fell $1.08 to $138.36 and the highest selling rate declined by $1.04 to $165.
Gains for Jamaican$ on Wednesday
J$ holds firm v US on Monday
Trading in the Jamaican foreign exchange market resulted in the Jamaican dollar holding value against the US dollar on Monday but falling against the Pound and rising versus Canadian. The market ended with dealers buying the equivalent of US$55,938,398 and selling US$42,243,409, in contrast to US$43,527,882 purchased and US$36,684,327 sold on Friday.
In US dollars trading, dealers bought US$52,402,992 compared to US$39,284,534 on Friday, with the buying rate for the US dollar falling 2 cents to $121.46. A total of US$40,586,538 was sold versus US$34,523,089 on Friday as the selling rate remained unchanged at $122.03. The Canadian dollar buying rate lost 35 cents to end at $88.38 with dealers buying C$1,376,828 and selling C$587,689, at an average rate that fell 87 cents to $90.82. The rate for buying the British Pound climbed 85 cents to $170.89 for the purchase of £1,685,921, while £723,740 was sold, the rate rose 83 cents to $173.04. At the end of trading, the selling rate for Euro, climbed 18 cents to close at J$136.17, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.53 for a rise of 32 cents on Friday’s rate. The US dollar equivalent of other currencies
traded, amounts to US$161,443 being bought, while US$193,250 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Monday are, a fall of $18.22 in the lowest selling rate of the US dollarto end at $99.78 a fall of $1 in the lowest selling rate of the Canadian dollar that closed at $86.20 and a fall of $1 in the highest buying rate of the British Pound that landed at $174.70 and a rise of $1.10 in the lowest selling rate to $167.
J$ slips v US on Friday
Trading in the Jamaican foreign exchange market resulted in the Jamaican dollar slipping slightly against the US dollar on Friday but rising against the Pound and Canadian. The market ended with dealers buying the equivalent of US$43,527,882 and selling US$36,684,327, in contrast to US$30,209,395 purchased and US$32,885,951 sold on Thursday.
In US dollars trading, dealers bought US$39,284,534 compared to US$27,859,338 on Thursday, with the buying rate for the US dollar rising 15 cents to $121.48. A total of US$34,523,089 was sold versus US$30,893,426 on Thursday as the selling rate climbed 2 cents to $122.03. The Canadian dollar buying rate gained 77 cents to end at $88.73 with dealers buying C$1,158,202 and selling C$1,229,514, at an average rate that fell 57 cents to $91.69. The rate for buying the British Pound climbed 42 cents to $170.04 for the purchase of £2,250,064, while £558,147 was sold, the rate fell 15 cents to $172.22. At the end of trading, the selling rate for Euro, climbed $1.70 to close at J$135.99, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.21 for a rise of $170 on Thursday’s rate.
The US dollar equivalent of other currencies traded, amounts to US$247,992 being bought, while US$449,658 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Friday are, a rise of $1.10 in the lowest selling rate of the Canadian dollar that closed at $87.20 and a rise of $1.50 in the highest buying rate of the British Pound that landed at $175.60.
J$ down on Thursday
Trading in the Jamaican foreign exchange market resulted in the Jamaican dollar slipping slightly against the US dollar on Thursday. The market ended with dealers buying the equivalent of US$30,209,395 and selling US$32,885,951, in contrast to US$35,500,755 purchased and US$40,719,380 sold on Wednesday.
In US dollars trading, dealers bought US$27,859,338 compared to US$31,719,075 on Wednesday, with the buying rate for the US dollar rising 7 cents to $121.33. A total of US$30,893,426 was sold versus US$37,320,280 on Wednesday as the selling rate climbed 5 cents to $122.01. The Canadian dollar buying rate fell $1.63 to end at $87.96 with dealers buying C$762,092 and selling C$1,488,191, at an average rate that rose $1.42 to $92.26. The rate for buying the British Pound dropped 51 cents to $169.62 for the purchase of £1,173,054, while £526,186 was sold, the rate fell 7 cents to $172.37. At the end of trading, the selling rate for Euro, fell 46 cents to close at J$134.29, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.51 for a fall of 37 cents on Wednesday’s rate. The US dollar equivalent of other currencies
traded, amounts to US$157,632 being bought, while US$123,757 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Thursday are, a rise of $18.30 in the lowest selling rate for the US dollar that ended at $118, a rise of $1.10 in the lowest selling rate of the Canadian dollar that closed at $86.10 and a rise of $2 in the lowest selling rate of the British Pound that landed at $166.
JSE Majors suffer deep fall – Tuesday
The Jamaica Stock Exchange recorded losses in the main market with the junior
market recording a gain as limited volumes traded in the early morning session on Tuesday.
After 90 minutes of the market opening, 30 securities traded, accounting for only 1,056,772 shares changing hands. A total of 11 stocks declined and 8 rose.
The all Jamaica Composite Index lost 2,008.86 points to 170,440.03, the JSE Market Index dropped 1,797.54 points to 153,445.26, the JSE combined index fell -1,540.62 points to 162,897.66 but the junior market index rose 17.08 points to 2,016.26
Access Financial Traded at a new high of $21 with only 1,000 shares, Caribbean Cement fell $3.11 to $20 with 182,378 shares trading, Jamaica Money Market Brokers 7.50% traded 300,000 units at $2.15 and Knutsford Express traded at a new high of $19 with just 1,000 shares.
Buoyant FX trading on Monday
Trading in the Jamaican foreign exchange market on Monday saw a continuation of relatively high volumes with dealers buying the equivalent of US$44,518,271 and selling US$47,139,125, in contrast with US$46,633,736 purchased and US$39,279,414 sold on Friday.
In US dollars trading, dealers bought US$40,700,061 compared to US$42,784,797 on Friday, with the buying rate for the US dollar declining 12 cents to $121.23. A total of US$44,798,976 was sold versus US$37,116,900 on Friday as the selling rate slipped 2 cents to $121.85.
The Canadian dollar buying rate fell 45 cents to end at $87.17 with dealers buying C$1,351,796 and selling C$765,595, at an average rate that climbed 50 cents to $90.20. The rate for buying the British Pound rose 71 cents to $169.35 for the purchase of £1,901,755, while £1,068,937 was sold, with the rate rising $1.80 to $171.93. At the end of trading, the selling rate for Euro, climbed 91 cents to close at J$134.14, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.57 for a rise of 90 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$189,659 being bought, while US$265,153 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Monday are, a jump of $1.90 in the highest buying rate for the Canadian dollar that ended at $93, the lowest selling rate climbed $3.10 to $86.20 and the highest selling rate for the British Pound gained $1.94 to $180.36 and the lowest selling rate jumped $2.50 to end at $164.50.
Buoyant FX trading on Friday
Trading in the Jamaican foreign exchange market on Friday saw relatively of high volumes for with dealers buying the equivalent of US$46,633,736 and selling US$39,279,414, in contrast with US$44,241,712 purchased and US$39,776,239 sold on Thursday.
In US dollars trading, dealers bought US$42,784,797 compared to US$40,866,243 on Thursday, with the buying rate for the US dollar rising 1 cent to $121.35. A total of US$37,116,900 was sold versus US$38,015,855 on
Thursday as the selling rate slipped 1 cent to $121.87. The Canadian dollar buying rate fell $1.10 to end at $87.62 with dealers buying C$1,343,026 and selling C$557,528, at an average rate that fell $1.10 to $89.70. The rate for buying the British Pound rose 92 cents to $168.64 for the purchase of £1,864,225, while £489,331 was sold, with the rate falling 41 cents to $170.13. At the end of trading, the selling rate for Euro, climbed $1.28 to close at J$133.24, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.66 for a rise of $1.43 from Thursday’s rate. The US dollar equivalent of other currencies
traded, amounts to US$288,389 being bought, while US$1,069,050 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a jump of $1.20 in the highest selling rate for the US dollar that ended at $128.90, the highest selling rate of the Canadian dollar climbed $1.85 to $94.45 and the highest selling rate for the British Pound gained $2.73 to $178.42.
Advancers overpower decliners on TTSE – Wednesday

Grace Kennedy closed at a 52 weeks’ high of TT$5 on Wednesday or J$94
The Composite Index advanced by 1.64 points to close at 1,169.27, the All T&T Index gained 0.06 points to close at 1,898.07 and the Cross Listed Index gained 0.43 points to close at 58.36.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 5 stocks with bids higher than the last selling price and 10 with offers that were lower.
Gains|Grace Kennedy jumped 10 cents to close at a 52 weeks’ high of $5, while trading 2,481 shares. Grace closed at the equivalent of J$94 much higher than the $83 the stock traded at in Kingston on Wednesday. National Commercial Bank gained 5 cents in trading 16,096 shares, to close at a 52 weeks’ high of $2.45, Prestige Holdings traded 500 shares as the price rose of 1 cent to end at a 52 weeks’ high of $11.02 and Republic Financial Holdings gained 1 cent to close at $112.15 with 275 shares changing hands.
Losses| West Indian Tobacco traded 1,018 shares to close at $126.28 after slipping 1 cent.Firm Trades|Ansa Merchant Bank traded 1,400 units at $38.95, Clico Investments lost 1 cents in trading 11,760 shares to close at $22.50, First Citizens traded 10,000 shares at $35, Guardian Media ended trading with 2,152 shares changing hands at $19.75, JMMB group traded 100,000 shares at 60 cent. Point Lisas closed with 570 shares trading to close at $4, Sagicor Financial Corporation closed with 15,000 shares changing hands at $7 and Trinidad and Tobago NGL closed at $19 with 4,700 units trading.
Big FX trading continues on Tuesday
Trading in the Jamaican foreign exchange market on Tuesday saw another day of high volumes for the third consecutive day with dealers buying the equivalent of US$76,783,088 and selling US$77,003,971, in contrast with US$77,059,769 purchased and US$85,477,235 sold on Monday.
In US dollars trading, dealers bought US$71,080,717 compared to US$73,434,983 on Monday, with the buying rate for the US dollar rising 9 cents to $121.51. A total of US$73,587,571 was sold versus US$83,624,941 on Monday as the selling rate slipped 2 cents to $121.82.
The Canadian dollar buying rate rose $1.45 to end at $85.53 with dealers buying C$1,852,682 and selling C$796,989, at an average rate that fell 19 cents to $86.59. The rate for buying the British Pound rose 65 cents to $173.36 for the purchase of £2,250,589, while £1,001,147 was sold, with the rate being up $2.57 to $174.54. At the end of trading, the selling rate for Euro, ended with a fall of $1.18 to close at J$135.78, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.28 for a decline of $1.09 from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$1,187,546 being bought, while US$1,415,534 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a jump of $18.14 in the lowest selling rate for the US dollar that ended at $117.50, the lowest selling rate of the Canadian dollar dropped $1.36 to $80.14 and the highest buying rate for the British Pound rising by $1.85 to $177.85 whilst the lowest selling rate fell $1 to $167.

In US dollars trading, dealers bought US$35,361,406 compared to US$52,402,992 on Monday, with the buying rate for the US dollar falling 15 cents to $121.31. A total of US$38,036,432 was sold versus US$40,586,538 on Monday as the selling rate fell 1 cent to end at $122.02. The Canadian dollar buying rate lost 22 cents to end at $88.16 with dealers buying C$1,087,597 and selling C$817,857, at an average rate that rose 47 cents to $91.29. The rate for buying the British Pound dropped $1.46 to $169.43 for the purchase of £1,474,724, while £14,483,014 was sold, the rate rose 49 cents to $173.53. At the end of trading, the selling rate for Euro, fell by 63 cents to close at J$135.54, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.88 for a fall of 65 cents on Monday’s rate.
The US dollar equivalent of other currencies traded, amounts to US$163,481 being bought, while US$269,070 was sold.