
ISP Finance at new high on Monday.
The junior market close slightly higher on Monday with an increase of 9.79 points to close at 1,824.16. Trading ended with 17 active securities, 4 of which advanced and 3 declined as 1,018,853 units valued at $4,061,844, changed hands.
There were 5 stocks closing with bids that were higher than their last selling prices and none ended with a lower offer.
At the end of trading, Access Financial had 6,220 shares trading to close at $16.60, Caribbean Cream lost 50 cents in trading 17,450 shares at $4, Caribbean Flavours rose 55 cents with 5,698 shares trading at $8, Caribbean Producers traded 57,130 units, to end at $4.05, C2W Music had 1,000 units changing hands at 33 cents. General Accident ended trading 59,420 units and closed at $2.59, Honey Bun had just 30,500 shares trading but ended unchanged at $11,
ISP Finance rose 20 cents to close at a 52 weeks’ high of $2.55 after trading 6,031 units. Jetcon Corporation lost 24 cents to close at $2.60 after 8,680 shares changed hands, Key Insurance closed at $3 with 8,050 units changing hands. KLE Group traded just 1,485 shares to gain 3 cents to end at $1.69, Knutsford Express jumped $4.50 with just 100 units changing hands at $22, Lasco Distributors ended with 319,314 units trading at $5. Lasco Financial closed at $3 with 127,872 shares changing hands, Lasco Manufacturing ended with 160,969 shares changing hands to close at $3.65, Eppley 10% preference share traded 10,000 units at $6.10 and Derrimon Trading preference share fell 15 cents to end at $2.25 with 198,934 units changing hands.

Losses| Massy Holdings ended with 7,124 shares changing hands to close with a loss of 5 cents to end at a 52 weeks’ low of $54.68 and Republic Financial Holdings closed at a new 52 weeks’ low of $110.98 with 337 shares changing hands with a loss of 2 cents.
A total of 24 securities, accounting for only 670,666 shares changed hands at 10.45 am as 7 stocks gained and 3 declined, reversing the negative trend in place for a few trading days. The only trade of note has been Scotia Group with 2,441 units trading at $32.99 compared with the last price on Friday, of $30 and Cable & Wireless trading 22,817 shares, with a 8 cents gain, taking the price to $1.09 but now has a bid at $1.12 to buy 150,000 units, a total of 964,692 units were offered for sale at $1.20.
Trading in the foreign exchange market resulted in the Jamaican dollar losing value against the three major currencies it normally trades. The market closed with dealers buying the equivalent of US$30,677,839 and selling US$37,524,758, in contrast to US$29,004,952 purchased and US$30,796,524 sold on Thursday.
The Canadian dollar buying rate declined 8 cents to end at $90.77 with dealers buying C$1,231,134 and selling C$738,178, at an average rate that rose by 21 cents to $92.88. The rate for buying the British Pound fell $1.12 to $167.81 for the purchase of £858,779, while £264,854 was sold, as the rate rose 31 cents to $169.68. At the end of trading, the selling rate for Euro, rose 12 cents to close at J$138.91, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$136.03 for a rise of 10 cents on Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$851,288 being bought, while US$748,168 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Friday are, a jump of $23.40 in the lowest selling rate of the US dollar to $118, a rise of $1.05 in the highest buying rate of the Canadian dollar to $94. The highest buying rate for the British Pound rose $1.40 to $173.50, while the highest selling rate dipped $2.32 to end at $177.50.
The junior market moved sharply higher on Friday with 51.50 points to close at 1,814.37. Trading ended with 13 active securities, 6 of which advanced and 2 declined as 470,000 units valued at $1,549,597 changed hands.

Sagicor Financial closed at $7 with 123,260 units valued at 863,325 changing hands after losing 1 cent and Trinidad Cement lost 1 cent in trading 200,000 shares valued at $698,967 changing hands to close at $3.49.
Trading in the foreign exchange market resulted in the Jamaican dollar rising in value against the Pound sterling but slipping slightly versus the US and Canadian dollars on Thursday. The market closed with dealers buying the equivalent of US$29,004,952 and selling US$30,796,524, in contrast to US$37,301,205 purchased and US$38,602,992 sold on Wednesday.
The Canadian dollar buying rate declined 67 cents to end at $90.85 with dealers buying C$1,143,634 and selling C$1,049,062, at an average rate that rose by 18 cents to $92.67. The rate for buying the British Pound fell 84 cents to $168.93 for the purchase of £1,093,361, while £201,066 was sold, as the rate fell $2.15 to $169.37. At the end of trading, the selling rate for Euro, fell 3 cents to close at J$138.79, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.97 for a decline of 5 cents on Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$240,533 being bought, while US$180,563 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Thursday are, a decline of $5.18 in the lowest selling rate of the US dollar to $94.60, a rise of $1.50 in the lowest selling rate of the Canadian dollar to $87. The highest buying rate for the British Pound fell by 90 cents to $172.10, while the highest selling rate dipped $1.40 to end at $179.82.
The junior market took a breather on Thursday from the sharp fall of the past few days to record a moderate gain of 6.85 points to close at 1,762.87. The market ended with 12 active securities, 4 of which advanced and 5 declined as only 785,366 units changed hands, valued at $2,423,588.
Honey Bun had just 969 shares trading but rose 50 cents to end at $11, Jamaican Teas closed at $3.80 after trading 66,814 units.
Republic Financial Holdings declined by 48 cents to close at a 52 weeks’ low of $111 with 2,500 shares changing hands.