Purchases by dealers of foreign currencies on Monday, resulted in the Jamaican currency selling rate making gains against the US dollar and the Canadian but slipping against the Pound sterling. The market closed with dealers buying the equivalent of US$50,144,764 in contrast to US$35,151,325 on Friday, while they sold the equivalent of US$46,892,333, previously US$38,752,539.
In US dollar trading , dealers bought US$45,236,465 compared to US$33,010,598 on Friday. The buying rate for the US dollar fell 20 cents to $117.18 and US$44,880,379 was sold versus US$36,624,907 on Friday, the selling rate eased by 1 cent to $117.86. The Canadian dollar buying rate rose 17 cents 
to $86.60 with dealers buying C$1,894,894 and selling C$1,171,602, at an average rate that fell 33 cents to $88.66. The rate for buying the British Pound climbed 88 cents to $179.30 for the purchase of £1,865,493, while £600,621 was sold, at an average rate that added 25 cents to end at $181.24. At the end of trading, it took J$132.27 to purchase the Euro, with a rise of 17 cents on Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.74, an increase of 46 cents on Friday’s rate. Other currencies bought, amounted to the equivalent of US$653,426, while the equivalent of US$206,879 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 5 cents to $118.30, the lowest buying rate remained at $96.23, the highest selling 
rate rose 5 cents to $123.37 and the lowest selling rate dropped $18.55 to $96.15. The highest buying rate for the Canadian dollar rose 65 cents to $89.80, the lowest buying rate fell 8 cents to $70.84 and highest selling rate rose 50 cents to $92. The lowest selling rate eased $1 to end at $84. The highest buying rate for the British Pound, climbed $1.70 to $183, the lowest buying rate declined by 49 cents to $145.71, the highest selling rate declined $2.78 to $187.84 and the lowest selling rate rose 55 cents to $175.55.
J$ make slight gains on Monday
Only $10m traded on JSE on Monday
NCB’s new Constant Spring Rd. branch. The company’s stock closed with a gain of 73 cents on Monday
Unlike Friday when there were only 9 securities trading in the main and US dollar markets, Monday saw trading in 19 securities.
At the close, the JSE Market Index fell 334.02 points to 97,283.75. The JSE All Jamaican Composite index declined 373.34 points to 107,676.10 at support level on the downside and the JSE combined index added 227.26 points to end at 100,418.20.
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 that confirms that the decline in the market is ending.
Trading closed with a reading of 10 stocks with bids higher than their last selling prices, and 4 with offers that were lower, the same reading as on Friday.In trading, Cable and Wireless rose just 1 cent with 1,764,685 units and closed at 46 cents. At the close, bids have built up with 159,000 units at 44 cents, at 43 cents, two bids form 779,586 units, and at 42 cents 710,209 units, 120,000 at 41 cents and 1,538,423 units at 40 cents. On offer between 46 and 52 cents, are 7 visible offers to sell 1,550,578 shares, IC Insider understands that there is an undisclosed amount at 46 cents. Grace Kennedy had 48,366 units changing hands at $64, Jamaica Broilers traded at $6.40 with just 2,500 shares
changing hands to gain 80 cents, JMMB Group traded 28,350 shares at $7.50, but lost 20 cents, National Commercial Bank traded 11,348 shares and closed with a gain of 73 cents at $28.75. Sagicor Group with 82,930 shares changing hands, closed at $13. Scotia Group traded 70,705 units to close with a gain of 60 cents at $24.36, Scotia Investments ended down 79 cents at $27 while only 1,000 units traded, Supreme Ventures ended with 21,362 stock units trading, with a gain of 2 cents to $3.42 and Proven Investments ordinary share, traded 23,350 units at 21 US cents for a loss of 1 US cent.
7 stocks up 3 down for juniors
Blue Power jumped to a 52 weeks’ high of $14 on Monday
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 none with the offer being lower.
Stocks trading are, Access Financial ended at $16.50 with a gain of $3.50 with 13,547 units changing hands, Blue Power rose $1.70 to a new 52 weeks’ high of $14 while 3,000 shares traded, Caribbean Cream ended with 300,018 shares changing hands at $2 for a 30 cents increase. Caribbean Producers traded 10,006 units at $2.51, for a decline of 9 cents, Consolidated Bakeries traded 17,950 shares at $1.20 after shedding 9 cents, Dolphin Cove
gained 85 cents to $13, while 62,000 shares traded, General Accident Insurance traded 30,000 units at $1.42, Honey Bun with 11,358 shares changing hands, closed with a gain of 25 cents at $4.25, for a 52 weeks’ high, Jamaican Teas had 4,149 shares trading, to close at $3.10, Lasco Distributors was up 8 cents to $1.70, with 224,468 units changing hands. Lasco Financial closed with 57,133 units trading to end at $1.65, after rising 1 cent, Lasco Manufacturing gained 10 cents in closing at $1.90 with 129,204 units changing hands and Medical Disposables traded 22,000 shares to close unchanged at $2.50.
More slipping of J$ on Friday
Purchases by dealers of foreign currencies on Friday, resulted in the Jamaican currency selling rate continuing to slip against the US dollar and the Canadian but it rose against the Pound sterling. The market closed with dealers buying the equivalent of US$35,151,325 in contrast to US$26,734,325 on Thursday, while they sold the equivalent of US$38,752,539, previously US$31,646,639.
In US dollar trading , dealers bought US$33,010,598 compared to US$23,291,048 on Thursday. The buying rate for the US dollar rose 35 cents to $117.38 and US$36,624,907 was sold versus US$30,577,320 on Thursday, the selling rate inched up 9 cents to $117.87. 
The Canadian dollar buying rate fell 82 cents to $86.43 with dealers buying C$804,406 and selling C$979,253, at an average rate that increased 42 cents to $88.99. The rate for buying the British Pound dropped $1.78 to $178.42 for the purchase of £927,782, while £669,448 was sold, at an average rate that fell 76 cents to $180.99. At the end of trading, it took J$132.10 to purchase the Euro, with a fall of $2.12 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.28, a decline of $2.20 from Thursday’s rate. Other currencies bought, amounted to the equivalent of US$138,160, while the equivalent of US$360,382 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 12 cents to $118.25, the lowest buying rate gained 4 cents to $96.23, the highest 
selling rate rose 6 cents to $123.32 and the lowest selling rate jumped $18.26 to $114.70. The highest buying rate for the Canadian dollar fell 85 cents to $89.15, the lowest buying rate gained 20 cents to $70.92 and highest selling rate rose 34 cents to $91.50. The lowest selling rate eased 20 cents to end at $85. The highest buying rate for the British Pound, eased $1.70 to $181.30, the lowest buying rate declined by $1.66 to $146.20, the highest selling rate declined $1.98 to $190.62 and the lowest selling rate fell $2 to $175.
J$ eases vs US on Thursday
Purchases by dealers of foreign currencies on Thursday, resulted in the Jamaican currency selling rate slipping against the US dollar and rising against the Pound sterling the Canadian. The market closed with dealers buying the equivalent of US$26,734,325 in contrast to US$28,433,391 on Wednesday, while they sold the equivalent of US$31,646,639, previously US$32,813,136.
In US dollar trading , dealers bought US$23,291,048 compared to US$26,458,016 on Wednesday. The buying rate for the US dollar lost 2 cents to $117.03 and US$30,577,320 was sold versus US$31,311,436 on Wednesday, the selling rate rose 9 cents to $117.78. The Canadian dollar buying rate jumped 75 cents to $87.25 with dealers buying C$1,545,237 and selling C$720,492, at an average rate that declined 51 cents to $88.57. The rate for buying the British Pound 
dropped 72 cents to $180.20 for the purchase of £1,435,261, while £303,145 was sold, at an average rate that fell $1.91 to $181.75. At the end of trading, it took J$134.22 to purchase the Euro, with a rise of 3 cents from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.48, a decline of 3 cents on Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$81,119, while the equivalent of US$59,733 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 13 cents to $118.13, the lowest buying rate gained 4 cents to $96.19, the highest 
selling rate rose 5 cents to $123.26 and the lowest selling rate rose 29 cents to $96.44. The highest buying rate for the Canadian dollar climbed $1.20 to $90, the lowest buying rate lost 16 cents to $70.72 and highest selling rate eased 11 cents to $91.16. The lowest selling rate rose 20 cents to end at $85.20. The highest buying rate for the British Pound, eased $1.50 to $183, the lowest buying rate declined by $1.71 to $147.86, the highest selling rate jumped $2.32 to $192.60 and the lowest selling rate fell 50 cents to $177.
Limited trading on junior market
Trading finished with limited activity with just 7 securities changing hands. At the close 2 stocks declined and 3 gained, resulting in only 49,128 units, valued at $108,535 changing hands. The market gained 22.29 points to close at 938.07.
At the close, 4 securities ended with no bids to buy, while 2 had no stocks being offered for sale and 3 stocks closed with bids higher than the last traded prices and 1 with the offer being lower.
Stocks trading are, Access Financial Services finished with 1,000 shares to close at $13, with a gain of $2, Caribbean Cream ended with 2,600 shares changing hands at $1.70 for an increase of 10 cents, General Accident Insurance traded 10,000 units with the price closing unchanged at $1.42, after shedding 8 cents. Jamaican Teas had 10,000 shares trading to close at $3.10 after losing 2 cents, Lasco Distributors closed with 12,390 units trading, to end at $1.62, the stock closed with the bid at $1.65 to buy 500,000 shares. Lasco Manufacturing gained 8 cents in closing at $1.80 with 12,613 units changing hands and Paramount Trading ended with 565 units changing hands unchanged at $6.
Only 7 stocks trade Thursday morning
There were only 7 securities trading after 75 minutes of the market’s opening, on Thursday. 
Trading volume is a mere 166,718 units, with 2 stocks declining versus 3 rising.
Trading activity resulted in the JSE Market Index rose 167.49 points to 98,254.07. The JSE All Jamaican Composite index gained 187.21 points to close at 108,760.65 and the JSE combined index put on 158.02 points to end at 100,935.79. The junior market gained just 0.01 point to close at 915.79.
J$ drops 27 cents vs US on Wednesday
Purchases by dealers of foreign currencies on Wednesday, resulted in the Jamaican currency selling rate slipping against the US dollar and the Pound sterling but rising against the Canadian. The market closed with dealers buying the equivalent of US$28,433,391 in contrast to US$32,658,423 on Tuesday, while they sold the equivalent of US$32,813,136, previously US$28,334,621.
In US dollar trading , dealers bought US$26,458,016 compared to US$29,530,916 on Tuesday. The buying rate for the US dollar rose 4 cents to $117.05 and US$31,311,436 was sold versus US$25,844,376 on Tuesday, the selling rate gained 27 cents to $117.69. 
The Canadian dollar buying rate dropped 29 cents to $86.50 with dealers buying C$779,846 and selling C$853,019, at an average rate that declined $1.79 to $89.08. The rate for buying the British Pound dropped $1.23 to $180.92 for the purchase of £807,895, while £468,568 was sold, at an average rate that recovered $2.18 to $183.66. At the end of trading, it took J$134.19 to purchase the Euro, with a fall of $1.94 from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.52, a decline of $1.83 on Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$150,253, while the equivalent of US$124,760 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 12 cents to $118, the lowest buying rate fell $2.03 to $96.15, the highest selling 
rate fell 37 cents to $123.21 and the lowest selling rate rose $6.93 to $96.15. The highest buying rate for the Canadian dollar rose 10 cents to $88.80, the lowest buying rate gained 8 cents to $70.88 and highest selling rate remained at $91.27. The lowest selling rate dropped 30 cents to end at $85. The highest buying rate for the British Pound, eased 40 cents to $184.50, the lowest buying rate rose $1 to $149.57, the highest selling rate dropped $1.25 to $190.28 and the lowest selling rate fell $1.50 to $177.50.
Lasco Manufacturing trades 14m shares
Lasco’s water treatment machines – there was more than 12M units trading on Wednesday.
At the close, 4 securities ended with no bids to buy, while 3 had no stocks being offered for sale and 3 stocks closed with bids higher than the last traded prices and 2 with the offers being lower.
Stocks trading are, Access Financial Services with 100 shares to close at $11, with a gain of 50 cents. At the close the bid was at $12 to buy 2,000 units, AMG Packaging closed with a loss of 21 cents at $3.74 with 290,000 units changing hands, Blue Power closed with 4,806 units changing hands to close at $12.30 with a loss of 5 cents. Caribbean Producers traded just 939 units with a loss of 17 cents at $2.72, Consolidated Bakeries traded 30,000 shares at $1.29 after shedding 24 cents, General Accident Insurance traded 70,200 units with the price closing unchanged at $1.50, Honey Bun ended with 17,662 shares trading unchanged at $3.70, Jamaican Teas had only 196 shares trading to close at $3.12.
Lasco Distributors closed with 1,594,030 units trading, ended with a gain of 2 cents at $1.62. Lasco Financial ended with 124,699 shares changing hands at $1.80, for a rise of 17 cents, Lasco Manufacturing gained 2 cents in closing at $1.72 with 12,053,445 units changing hands. Medical Disposables traded 13,000 shares to close unchanged at $2.50, Paramount Trading ended with 3,975 units changing hands unchanged at $6 and Eppley cumulative preference share 2019, ended with 50,000 units changing hands at $6.05.
5 down 1 up on TTSE Wednesday
JMMB Group the only stock gaining on Wednesday
At the close, the Composite Index declined by 0.30 points to 1,142.18, the All T&T Index gained 0.30 points to 1,948.14 and the Cross Listed Index lost 0.12 points to 44.09.
Gains| JMMB Group traded 22,490 shares gained 3 cents to close at 45 cents.
Losses| Ansa Merchant Bank traded 1,455 units with a 5 cents loss to end at $38.90, National Enterprises with 4,350 shares changing hands, and lost 1 cent, to close at a 52 weeks’ low at $16.99, National Flour Mills with 251,646 shares changing hands for a value of $529,077 lost 10 cents to end at $2.10. One Caribbean Media traded 91 shares with the price falling 31 cents to $22 and Sagicor Financial Corporation closed with 30,421 shares changing hands at 25 cents lower at $5.75.
Firm Trades|, Clico Investment Fund traded 42,420 shares valued at $954,450 and closed at $22.50, First Citizens Bank had 1,337 shares changing hands and ended at $35,
Guardian Holdings added 18,639 shares to close at $12.90. Guardian Media added 1,070 shares to close at $19.76. Massy Holdings had 25,499 shares valued $1,593,688 trading Scotiabank closed with 1,984 shares changing hands unchanged at $62.32 and ended at $62.50 and Trinidad Cement closed at $2.75 with 12,495 shares changing hands.IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.