Quiet day for juniors

JSE sign Trading on Friday ended with just 496,232 units, valued at $1,411,394 changing hands from a total of 11 securities that traded. The price of 5 stocks declined and 3 advanced with the junior market index losing 2.90 points to close at 966.98.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 5 stocks closed with bids higher than the last traded prices and none closed with lower offers.
Stocks trading are, Access Financial traded 4,840 shares to close with a 18 cents fall to $12.02, Blue Power eased 40 cents to close at $13.60 with 25,000 units trading, Derrimon Trading ended with 15,000 shares changing hands and closed at $2.65, for a gain of 5 cents, Dolphin Cove closed with 1,131 shares changing hands at $12.52, for a 38 cents decline, Honey Bun traded JM - Trade Sheet 4-9-155,000 units at $3.98, after adding 3 cents. Jamaican Teas had 2,774 shares changing hands, 25 cents higher at $3.50, KLE Group traded unchanged at 50 cents with 5,000 units changing hands, Knutsford Express with 100 shares changing hands ended at $6, Lasco Distributors fell 11 cents to $1.80, after it traded as high as $1.92 and ended with 76,000 units changing hands. Lasco Financial ended with 146,387 shares changing hands at $1.87 and Derrimon Trading 11.75% preference share, ended with 215,000 units changing hands with the price slipping 1 cent to $2.39.

J$ steady against US on Friday

Money The selling rate for the Jamaican dollar was fairly stable against the US dollar on Friday as there was nearly US$8 million more bought than sold. Purchases by dealers of foreign currencies on Friday, resulted in the Jamaican currency selling rate slipping against the Canadian dollar and rising against the British Pound. The market closed with dealers buying the equivalent of US$43,580,467 in contrast to US$26,547,793 on Thursday, while they sold the equivalent of US$34,164,793, previously US$29,211,572.
In US dollar trading , dealers bought US$40,116,402 compared to US$23,903,351 on Thursday. The buying rate for the US dollar rose 23 cents to $117.68 and US$32,636,062 was sold versus US$27,572,536 on Thursday, the selling rate gained 1 cent to close at $118.16. FX sum 4-9-15The Canadian dollar buying rate fell $1.14 to $86.34, with dealers buying C$760,150 and selling C$908,138, at an average rate that rose 50 cents to $89.39. The rate for buying the British Pound rose 93 cents to $177.88 for the purchase of £1,861,676, while £453,758 was sold, at an average rate that fell 92 cents to end at $179.38. At the end of trading, it took J$131.11 to purchase the Euro, down $1.43 on Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.38, a decline of $1.45 on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$92,322, while the equivalent of US$152,862 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 5 cents to $118.75, the lowest buying rate gained 16 cents to $96.69 and the highest selling rate remained at $123.69.FX H&L 4-9-15 The lowest selling rate fell 70 cents to $114. The highest buying rate for the Canadian dollar lost 40 cents to $89.40, the lowest buying closed unchanged at $70.47 and highest selling rate put on 37 cents to $91.47. The lowest selling rate added 90 cents to end at $84.90. The highest buying rate for the British Pound, fell 10 cents to $180.60, the lowest buying rate eased 21 cents to $144.54, the highest selling rate jumped $3.41 to $187.45 and the lowest selling rate lost $1 to $174.

J$ falls lower on Thursday

US$ bungle The selling rate for the Jamaican dollar continues to decline against the US dollar on Thursday. Purchases by dealers of foreign currencies on Thursday, resulted in the Jamaican currency selling rate also slipping against the British Pound and rising moderately against the Canadian dollar.
The market closed with dealers buying the equivalent of US$26,547,793 in contrast to US$31,823,526 on Wednesday, while they sold the equivalent of US$29,211,572, previously US$35,037,208.
In US dollar trading , dealers bought US$23,903,351 compared to US$28,564,957 on Wednesday. The buying rate for the US dollar rose 9 cents to $117.45 and US$27,572,536 was sold versus US$33,039,394 on Wednesday, the selling rate gained 13 cents to close at $118.15.FX sum 3-9-15 The Canadian dollar buying rate rose 13 cents to $87.48, with dealers buying C$1,242,365 and selling C$626,370, at an average rate that fell 6 cents to $88.89. The rate for buying the British Pound declined by $1.25 to $176.95 for the purchase of £955,925, while £664,231 was sold, at an average rate that rose 94 cents to end at $180.30. At the end of trading, it took J$132.54 to purchase the Euro, down 23 cents on Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.83, a decline of 17 cents on Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$278,949, while the equivalent of US$154,191 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 22 cents to $118.70, the lowest buying and the highest selling rates remained at $96.53 and $123.69 respectively. FX H&L 3-9-15The lowest selling rate rose $16.44 to $114.70. The highest buying rate for the Canadian dollar lost 5 cents to $89.80, the lowest buying rate lost 50 cents to $70.47 and highest selling rate fell 90 cents to $91.10. The lowest selling rate decline $1.20 to end at $84. The highest buying rate for the British Pound, fell $1.12 to $180.70, the lowest buying rate fell 33 cents to $144.75, the highest selling rate dropped $3 to $184.04 and the lowest selling rate rose by $1.60 to $175.

Lasco Manufacturing dominates juniors

Bottle heating machine at Lasco Manufacturing. The company traded 1.6m shares on Thursday.

Bottle heating machine at Lasco Manufacturing. The company traded 1.6m shares on Thursday.

Trading on Thursday ended with 2,195,835 units, valued at $4,389,876 changing hands from a total of 12 securities that traded up from only 7 on Wednesday. The price of 4 stocks declined and 3 advanced with the junior market index lost 2.29 points to close at 969.88. Lasco Manufacturing traded 1.6 million units to be the main contributor to the volume traded.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 2 with lower offers.
Stocks trading are, Access Financial traded 7,670 shares to close with a 20 cents increase at $12.20, Cargo Handlers ended with 1,256 shares changing hands and closed at $31, Caribbean Cream ended with 245,000 shares changing hands at $1.71 for a 69 cents decline, Caribbean Producers traded 15,000 units at $2.40, after losing 10 cents. Consolidated Bakeries traded 3,149 shares at $1.20, General Accident Insurance ended with 20,000 shares trading unchanged at $1.42 at the close. JM - Trade Sheet 3-9-15Jamaican Teas had 7,000 shares trading at $3.25 and gained 15 cents, KLE Group traded unchanged at 50 cents with 10,000 units changing hands, Lasco Distributors fell 3 cents to $1.91, with 6,000 units changing hands. Lasco Financial ended with 216,000 shares changing hands at $1.87, for a rise of 21 cents after trading earlier at $1.70, Lasco Manufacturing ended with 1,595,585 shares changing hands at $1.80, but traded as high as $1.95 and Eppley cumulative preference share 2019, ended with 69,175 units changing hands at $6.05.

3 stocks gained 3 fell on TTSE

National Four rose in trading on Thursday

National Four rose in trading on Thursday

The Trinidad & Tobago Stock Exchange closed with 13 securities compared to only 4 on Wednesday changing hands, the price of 3 stocks rose, while 3 declined and 7 traded with price unchanged. A total of only 75,467 units traded, valued at $956,062.
At the close, the Composite Index fell by 0.05 points to 1,144.56, the All T&T Index gained 0.31 points at 1,947.49 and the Cross Listed Index fell 0.06 points to 44.81.
Gains| National Flour Mills with 4,154 shares changing hands, ended at $2.06 after adding 1 cent, Scotiabank closed with 3,195 shares changing hands to gain 9 cents and end at $62.49 and West Indian Tobacco traded just 102 shares to close with a gain of 6 cents back at $125.42.
Losses| Agostini’s ended at $17.25 with a loss of a cent, after trading 749 units, JMMB Group ended with a loss of 1 cent in trading 8,800 shares at 42 cents and Republic Bank closed with a fall of a cents to $112.99, with 2,077 shares changing hands.
Firm Trades| Angostura Holdings ended with 12,645 shares changing hands at $14,TTSE 3-9-15 Ansa Merchant Bank traded 200 units to end at $38.94, Guardian Holdings added 4,052 shares to close at $12.90, First Citizens Bank had only 3,078 shares changing hands to end at $35. National Commercial Bank traded 17,882 shares to close at $1.60, Sagicor Financial Corporation closed with 18,383 shares changing hands at $6 and Scotia Investments closed with 150 shares changing hands at $1.60.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.

Just 4 TTSE stocks trade

The Trinidad & Tobago Stock Exchange closed with only 4 securities changing hands, the price of 2 stocks rose, while 1 declined and 1 traded with price unchanged. A total of only 31,940 units traded, valued at $603,353.
At the close, the Composite Index advanced by 0.23 points to 1,144.61, the All T&T Index remained at 1,947.18 and the Cross Listed Index gained 0.06 points to 44.87.
TTSE 2-9-15 Gains| Massy Holdings had 3,170 shares trading at $62.50 with a gain of 1 cent, Scotia Investments closed with 17,770 shares changing hands with the price rising 7 cents to close at a 52 weeks’ high of $1.60, at the close the bid was at $1.60 to buy 321,342 units, there were no stock on offer. Clico Investment Fund ended at $22.51 with a loss of a cent, after trading 16,700 units and First Citizens Bank had only 300 shares changing hands to end at $35.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

J$ loses vs US gains on others Tuesday

FX_USPound2 Purchases by dealers of foreign currencies on Tuesday, resulted in the Jamaican currency selling rate slipping against the US dollar and making gains against the Canadian dollar and the British Pound. The market closed with dealers buying the equivalent of US$28,520,235 in contrast to US$50,144,764 on Monday, while they sold the equivalent of US$33,369,834, previously US$46,892,333.
In US dollar trading , dealers bought US$26,230,782 compared to US$45,236,465 on Monday. The buying rate for the US dollar rose 5 cents to $117.23 and US$31,982,978 was sold versus US$44,880,379 on Monday, the selling rate gained 7 cents to $117.93. FX sum 1-9-15The Canadian dollar buying rate rose 57 cents to $87.17 with dealers buying C$1,065,671 and selling C$781,360, at an average rate that fell 1 cent to $88.65. The rate for buying the British Pound dropped $1.30 to $178 for the purchase of £884,006, while £390,883 was sold, at an average rate that fell 86 cents to end at $180.38. At the end of trading, it took J$132.06 to purchase the Euro, with a fall of 21 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.33, a decrease of 41 cents from Monday’s rate. Other currencies bought, amounted to the equivalent of US$154,646, while the equivalent of US$201,641 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 15 cents to $118.45, the lowest buying rate rose 30 cents to $96.53, the highest selling rate rose 32 cents to $123.69 and the lowest selling rate gained $1.95 to $98.10. FX H&L 1-9-15The highest buying rate for the Canadian dollar dropped 50 cents to $89.30, the lowest buying rate fell 29 cents to $70.55 and highest selling rate remained at $92. The lowest selling rate rose $1 to end at $85. The highest buying rate for the British Pound, dived $2.50 to $180.50, the lowest buying rate rose 12 cents to $145.83, the highest selling rate climbed 16 cents to $188 and the lowest selling rate declined by 55 cents to $175.

Securities trading at elevated level

NCB jumped to $30 on Tuesday.

NCB jumped to $30 on Tuesday.

The Jamaica Stock Exchange closed trading on Tuesday with main market indices rising with advancing stocks in the ascendancy but with limited trading activity. The market closed with 33 securities changing hands, resulting in 2,973,601 units trading, valued at $16,122,122, with 9 stocks rising, 6 declining in all market segments. and 2 junior market stocks closing at new 52 weeks’ high,
At the close, the JSE Market Index rose 745.81 points to 98,029.56. The JSE All Jamaican Composite index jumped 833.61 points to 108,509.71 at support level on the downside and the JSE combined index added 634.94 points to end at 101,053.14.
JSE Sum -1- 9-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 10 stocks with bids higher than their last selling prices and 7 with offers that were lower.
In trading, Cable and Wireless rose just 1 cent with 2,494,634 units and closed at 46 cents. At the close, visible bids ranging between 40 cents and 45 cents totalled 2.6 million units. On offer between 48 and 50 cents, are 6 visible offers to sell 3.27 million shares. Desnoes & Geddes traded 2,337 shares at $6.40 with a fall of 40 cents, Grace Kennedy had 108,148 units changing hands at $64, Jamaica Broilers closed at $6.40 with just 38,000 shares changing hands. The price rose to $6.99 in the morning session before falling JSE end qts 1-9-15back to the closing price. Mayberry Investments ended up rising 50 cents to $3.40 with 83,868 units, but the stock closed with an offer at $3.05 to sell 100,000 units. National Commercial Bank traded 163,714 shares and closed with a gain of $1.25 at $30, the price also jumped in Trinidad to reach J$30. Sagicor Group with 21,500 shares changing hands, closed at $13. Scotia Group traded 4,825 units to close with a gain of 60 cents at $23.76, Scotia Investments ended down 79 cents at $27 while only 1,000 units traded and Proven Investments ordinary share, traded 15,245 units at 21 US cents and Jamaica Money Market Brokers 7.50% preference share traded 25,000 units at $2.

Kremi gains 40 cents on Tuesday

Caribbean Cream closed with a gain of 40 cents on Tuesday.

Caribbean Cream closed with a gain of 40 cents on Tuesday.

Trading on Tuesday ended with 422,713 units, valued at $1,646,233 changing hands from a total of 12 securities that traded. The price of 3 stocks declined and 4 advanced with the junior market index falling 7.54 points to close at 952.14. Caribbean Cream jumped to $2.40 with trading in the stock being halted for an hour as the price exceeded 15 percent on an initial trade and did not trade after reopening a few minutes after 11 am.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 4 with the offers being lower.
Stocks trading are, Access Financial ended at $12 with a loss of $4.50 with 11,886 units changing hands, Cargo Handlers ended with 19,361 shares changing hands and closed at $31, Caribbean Cream rose 40 cents to $2.40 with 72,998 units trading. Caribbean Flavours traded 5,670 units and added 15 cents to end at $2.70, Caribbean Producers traded 103,091 units at $2.50, JM - Trade Sheet 1-9-15Consolidated Bakeries traded 1,000 shares at $1.20, Lasco Distributors was up 10 cents to $1.80, with 8,134 units changing hands, the stock closed with a bid to purchase 3,000 shares at $1.95. Lasco Financial closed with 50,000 units trading to end at $1.66, after rising 1 cent, Lasco Manufacturing closed at $1.90 with 61,231 units changing hands. Medical Disposables traded 78,000 shares to close unchanged at $2.50, Paramount Trading ended with 2,542 shares changing hands at $5.75, for a fall of 25 cents and Eppley cumulative preference share 2019, ended with 8,700 units changing hands at $6.01 with a loss of a cent.

4 TTSE stocks up 3 down on Tuesday

First Citizens gained 50 cents to close at $35 on Tuesday

First Citizens gained 50 cents to close at $35 on Tuesday

After closing for the Independence holiday on Monday, the Trinidad & Tobago Stock Exchange closed with 16 securities changing hands with the prices of 4 stocks rising, while the price of 3 declined and 9 traded with prices unchanged. A total of 177,287 shares traded, valued at $1,082,202.
At the close, the Composite Index advanced by 2.84 points to 1,144.38, the All T&T Index gained 1.88 points to 1,947.18 and the Cross Listed Index gained 0.51 points to 44.81.
Gains| Agostini’s traded 2,711 shares and closed at $17.26 with a gain of 1 cent, First Citizens Bank had 5,503 shares changing hands to end with a gain of 50 cents at $35, National Commercial Bank traded 13,600 shares and gained 11 cents, to close at $1.63 and Scotiabank closed with 7,288 shares changing hands valued at $454,771 to gain 8 cents and end at $62.40.
Losses| JMMB Group ended with a loss of 2 cents in trading 30,000 shares at 43 cents, Massy Holdings had just 80 shares trading at $62.49 with a loss of 1 cent and National Flour Mills with 51,040 shares changing hands, ended at $2.05 after shedding 4 cents.
Firm Trades|, Ansa McAl traded 460 units to end at $67.25, FirstCaribbean International Bank traded 1,298 shares and closed at $5, Grace Kennedy closed with 7,080 shares changing hands at $3.50, TTSE 1-9-15up-at-guardian-holdings/”>Guardian Holdings added 1,949 shares to close at $12.90. One Caribbean Media traded only 80 shares with the price remaining at $22, Point Lisas traded 12,664 shares at $4.07, Prestige Holdings with 1,053 units changing hands ended at $9.89, Scotia Investments closed with 19,925 shares changing hands unchanged at $1.53 and Trinidad Cement ended at $2.75 with 22,556 shares changing hands.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.