The Jamaica stock market closed with 7 stocks rising, 10 declining as 27 securities changed hands with 2,264,841 units trading, valued at $15,471,105 and 6 stocks closed at new 52 weeks’ high in all market segments.
At the close, the JSE Market Index gained 638.23 points to 101,233.39, the JSE All Jamaican Composite index rose 713.37 points to close at 112,090.69 and the JSE combined index climbed 601.76 points to end at 104,875.03.
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 8 stocks with bids higher than their last selling prices and 6 with offers that were lower.
In trading, Cable and Wireless ended with 286,500 units changing hands to end at 39 cents, Caribbean Cement stock gained 74 cents to close at $7.99, Carreras traded 11,949 units to close at $52 after trading at a 52 weeks, intraday high of $52.50, Desnoes & Geddes had 21,400 shares changing hands at $6.51, down 4 cents. Gleaner traded at $2.15, and gained 26 cents after 386,946 shares changed hands. At the close, Gleaner closed with the bids above the last traded price at $2.20 to buy 1,000 shares. Grace Kennedy traded 8,000 shares to end at $63, Jamaica Broilers had 61,000 shares changing hands, in closing at $6.70 for a fall 
of 30 cents. National Commercial Bank traded just 89,384 shares at $30.50 with a gain of 49 cents, at the close the stock was offered at $30.50 to sell 51,623 shares and then after that the bid is at $32.50 to sell 245 units, the only other offers posted are, at $33 to sell 503 units and at $60 to sell 2,000 shares. Radio Jamaica traded just 25,185 shares to end at $4, Sagicor Group ended trading with 195,878 units at $13.20, and lost 30 cents. Sagicor Real Estate Fund closed at $8.30 while trading 155,507 units, Scotia Group ended with 138,986 units trading at $26.01, Scotia Investments ended with 44,735 shares changing hands at $27 and Jamaica Money Market Brokers 7.50% preference traded 46,000 units at $2.
1 stock fell on TTSE none rose
Trading on the Trinidad & Tobago Stock Exchange ended with 10 securities changing hands on Tuesday with no stock rising, 1 declining and 9 traded with prices unchanged as a total of 362,111 shares traded, valued at $4,141,088.
At the close of the market, the Composite Index fell 0.09 points to close at 1,151.20, the All T&T Index lost 0.18 points to 1,958.04 and the Cross Listed Index remained at 45.17.
Declines| Massy Holdings closed with just 8,262 shares valued at $521,168 changing hands at $63.08 after losing 1 cent.
Firm Trades| ANSA McAL with 571 shares ended at $67.25, Clico Investment Fund traded 43,480 units at $22.51 with a value of $978,734, First Citizens Bank closed at $35 with 4,166 shares changing hands, Flavorite Foods traded 7,500 shares at $4.80. 
Grace Kennedy closed with 50,000 shares changing hands at $3.60, Guardian Holdings had 2,600 shares trading at the close at $13.09, National Flour trade 1,000 units at $2.10, Scotiabank traded unchanged to end at $62.31 with 25,175 shares valued at $1,568,706 and Trinidad Cement ended with 219,357 shares valued at $636,135 changing hands unchanged at $2.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.
Scotia pushes Indices again
On Friday Scotia Group gave a big boost to the main market index and on Monday took a big bite of the Friday’s gain but in early trading the stock that carries much weigh in the indices has push them up. In the process the All Jamaica Index trades at 111,929.08 to gain 551.76 points, JSE Market Index gain 493.64 points to 101,088.80. The combined index gained 486.02 to be at 104,759.29 and the junior market index 1,042.86 rising 2.28 points.
In main market trading, Gleaner traded at a new 52 weeks’ high of $2.09 with 25,000 shares to gain 20 cents, and an offer at $3.50, Sagicor Real Estate X Fund traded 86,402 units at $8.45, Scotia Group had 63,778 units changing hands at $26, Jamaica Money Market Brokers 7.50% preference share traded 46,000 units at $2. The junior market had 8 securities trading with Caribbean Cream trading 332,244 shares at $1.90 and Lasco Manufacturing trading 193,967 units at $2.
A total of 20 securities with a volume of 982,126 units have traded after 75 minutes of the market’s opening. 3 stocks have declined at versus 6 that rose.
Bulls rampant with 6 new highs on Monday
Supply is virtually dried up for NCB
At the close, the JSE Market Index slipped 397.37 points to 100,596.16, the JSE All Jamaican Composite index fell 444.16 points to close at 111,377.32 and the JSE combined index declined 363.68 points to end at 104,273.27.
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 8 stocks with bids higher than their last selling prices and 7 with offers that were lower.
In trading, Cable and Wireless ended with 734,138 units changing hands and lost 1 cent to
end at 39 cents, Carreras traded 9,440 units to close at $52, Desnoes & Geddes had 64,610 shares changing hands at $6.55, down 15 cents. Gleaner traded at $1.89, and gained 37 cents after just 100 shares changed hands, in continued response to the merger of the company’s media operations, with that of Radio Jamaica. At the close, Gleaner closed with the bids above the last traded price at $2.09 with 6,238 shares for a new 52 weeks high. Grace Kennedy lost $1 in trading 10,933 shares to end at $63,
had 29,700 shares changing hands, in closing at $7 for a rise of 63 cents. Jamaica Producers traded 24,294 shares to end at $20 by gaining $1.15, The Jamaica Stock Exchange stock traded 104,900 units at $6.60, for a loss of 20 cents, Kingston Wharves ended with 699,999 shares changing hands at $7.05, to gain 5 cents. Mayberry Investments had 116,000 shares trading at $3.50 to gain 40 cents, for a new 52 weeks’ high, National Commercial Bank traded 66,421 shares at $30.01 after it traded earlier in the day at $30.50. At the close theJamaica Broilers
stock was offered at $32.50 to sell 245 units, the only other offers posted are, at $33 to sell 503 units and at $60 to sell 2,000 shares, the bid was at $30.01 to buy 51,091 units. Radio Jamaica traded just 106,922 shares to end at a 52 weeks’ high of $4 as the price gained 10 cents, Sagicor Group ended trading with 97,240 units at $13.50, to gain 54 cents. Sagicor Real Estate Fund lost 20 cents and closed at $8.30 while trading 48,229 units, Scotia Group ended with 768,044 units trading at $26 but traded as low as $23.66 during the day and Jamaica Money Market Brokers 7.50% preference traded 882,500 units at $2 after shedding 1 cent.
No stock rose 1 fell on TTSE
Trading in the overall market ended with only 5 securities changing hands on Monday with no stock rising, 1 declining and 4 traded with the price unchanged. The level of trading was very low with a total of only 14,355 shares traded, valued at $755,372.
At the close of the market, the Composite Index fell 0.02 points to close at 1,151.29, the All T&T Index lost 0.05 points to 1,958.22 and the Cross Listed Index remained at 45.17.
Declines| Republic Bank ended with only 40 shares changing hands with a fall of 1 cent to $114.97.
Firm Trades| ANSA McAL with 7,070 shares with a value of $475,457 and ended at $67.25, First Citizens Bank closed at $35 with 6,451 shares changing hands valued at $225,781, Massy Holdings closed with just 77 shares changing hands at $63.09 and Scotiabank traded unchanged to end at $62.31 with 717 shares.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.
J$ makes gains on Friday
Purchases by dealers of foreign currencies on Friday, resulted in the Jamaican currency gaining value against the British Pound, the Canadian and the US. The market closed with dealers buying the equivalent of US$34,870,069 in contrast to US$33,887,651 on Wednesday, while they sold the equivalent of US$29,135,013, previously US$$39,804,866. The market was closed on Thursday, the country’s independence day.
In US dollar trading , dealers bought US$31,870,265 compared to US$31,012,046 on Wednesday. The buying rate for the US dollar rose 11 cents to $116.64 and US$27,464,923 was sold versus US$38,461,884 on Wednesday, the selling rate fell 2 cents to $117.36. The Canadian dollar buying rate declined 70 
cents to $86.73 with dealers buying C$1,062,270 and selling C$651,724, at an average rate that fell 44 cents to $88.90. The rate for buying the British Pound dropped $1.23 to $179.31 for the purchase of £1,246,745, while £641,270 was sold, at an average rate that fell 50 cents to $182.18. At the end of trading, it took J$127.56 to purchase the Euro, with a fall of $1.11 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$124.73 for a fall of $1.42 from Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$293,253, while the equivalent of US$180,980 was sold.
Highs & Lows| The highest buying rate for the US dollar, gained 5 cents to $117.60, the lowest buying, the highest and the lowest selling rates 
remained at $96.15, $123.21, and $96.15 respectively. The highest buying rate for the Canadian dollar dropped $7.65 to $89.45. The lowest buying rate eased 34 cents to $70.63, the highest selling rate fell $2.30 to $93.50 and the lowest selling rate declined 50 cents to $86. The highest buying rate for the British Pound, rose 70 cents to $184.10, the lowest buying rate inched up 16 cents to $147.49, the highest selling rate rose 22 cents to $190.14 and the lowest selling rate dropped $1.55 cents to $177.45.
Bearish tone continues on TTSE
Witco was the sole stock rising on TTSE on Friday
At the close of the market, the Composite Index fell 1.03 points to close at 1,151.31, the All T&T Index lost 1.70 points to 1,958.27 and the Cross Listed Index dipped 0.05 at 45.17.
Gains| In trading, West Indian Tobacco gained 1 cent, in trading 4,921 units valued at $430,486 to end at $125.37.
Declines| Grace Kennedy closed with 16,318 shares changing hands at $3.60 for a 5 cents decline, Guardian Holdings had 6,000 shares trading at the close at $13.09 down I cent, Massy Holdings closed with 33,938 shares changing hands, 1 cent lower at $63.09 carrying a value of $2,141,487 and National Enterprises ended with 6,600 shares changing hands with a fall of 13 cents to $17.05 for a new 52 weeks low.
Firm Trades| Angostura Holdings closed with 8,173 shares changing hands to end at $14, ANSA McAL with 2,838 shares ended at $67.25, Clico Investment Fund traded
just 760 units at $22.51. Firstcaribbean International Bank traded 4,008 units and closed at $5, First Citizens Bank closed at $35 with 5,753 shares changing hands valued at $201,355. National Flour trade 200,000 units at $2.10 for a value of $420,000. Praetorian Property Mutual Fund contributed 10,000 shares at $3.05, Point Lisas traded 10,000 shares at $4.06, Sagicor Financial with 200 units trading, closed at $6, Scotiabank traded unchanged to end at $62.31 with 734 shares, Scotia Investments traded 17,000 units and closed at $1.50 and Unilever Caribbean with 100 units changing hands, ended at $67.IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.
TCL trades TT$3m on TTSE
Carib Cement – subsidiary of TCL that traded $3m
At the close of the market, the Composite Index fell 0.64 points to close at 1,152.34, the All T&T Index gained 0.08 points to 1,959.97 and the Cross Listed Index dipped 0.18 at 45.22.
Gains| In trading, Trinidad Cement ended with 1,051,656 shares changing hands for a value of $3,069,907 as the stock gained 2 cents in closing at $2.92.
Declines| Firstcaribbean International Bank traded 1 cent lower, with 2,058 units and closed at $5. National Commercial Bank traded 8,000 shares at $1.63 with a loss of 2 cents, Unilever Caribbean with 20 units changing hands, ended at $67 after losing 1 cent and West Indian Tobacco lost 4 cents, in trading 3,434 units valued at $430,486 to end at $125.36.
Firm Trades| ANSA McAL with 800 shares ended at $67.25, First Citizens Bank closed at $35 with 23,418 shares changing hands valued at $819,630.
tt-companies/”>Massy Holdings closed with 2,608 shares changing hands at $63.10, National Flour Mills contributed 6,653 shares at $2.10, Sagicor Financial with 93,526 units trading, closed at $6 for a value of $561,156. Republic Bank ended with 5,896 shares changing hands at $114.98 valued at $677,922, Scotiabank traded unchanged to end at $62.31 with 4,418 shares valued at $275,285 and Scotia Investments traded 29,000 units and closed at $1.50.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 6 stocks with offers that were lower.
J$ loses vs Canadian & Pound
Purchases by dealers of foreign currencies on Wednesday, resulted in the Jamaican currency gaining value against the British Pound and the Canadian but gaining just a bit versus the US. The market closed with dealers buying the equivalent of US$33,887,651 in contrast to US$$45,577,861 on Tuesday, while they sold the equivalent of US$39,804,866, previously US$$43,494,861.
In US dollar trading , dealers bought US$31,012,046 compared to US$42,683,998 on Tuesday. The buying rate for the US dollar fell 32 cents to $116.53 and US$38,461,884 was sold versus US$41,973,163 on Tuesday, the selling rate fell 1 cent to $117.38. The Canadian dollar buying rate rose 43 
cents to $87.43 with dealers buying C$1,097,359 and selling C$691,037, at an average rate that rose 21 cents to $89.34. The rate for buying the British Pound climbed 30 cents to $180.54 for the purchase of £1,256,958, while £433,080 was sold, at an average rate that climbed 34 cents to $182.69. At the end of trading, it took J$128.66 to purchase the Euro, with a fall of 11 cents from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.15 for an increase of 19 cents on Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$104,933, while the equivalent of US$143,047 was sold.
Highs & Lows| The highest buying rate for the US 
dollar, gained 5 cents to $117.55, the lowest buying and the highest rates remained at $96.15 and $123.21, respectively and the lowest selling rate fell $2.28 to $96.15. The highest buying rate for the Canadian dollar jumped $7.80 to $97.10. The lowest buying rate rose 5 cents to $70.97, the highest selling rate rose $2.60 to $95.80 and the lowest selling rate climbed $1.05 to $86.50. The highest buying rate for the British Pound, rose 20 cents to $183.40, the lowest buying rate remained at $147.33 the highest selling rate fell 54 to $189.92 and the lowest selling rate rose $1.50 cents to $179.
TTSE ends with weak bias Wednesday
Trading in the overall market ended with only 7 securities changing hands on Wednesday and reflected weakness based on closes prices and with not stock gaining. At the close no stock gained, 2 declining and 5 traded with the price unchanged. A total of only 181,916 shares traded, valued at $2,978,693.
At the close of the market, the Composite Index fell 1.07 points to close at 1,152.98, the All T&T Index declined by 1.62 points to 1,959.89 and the Cross Listed Index dipped 0.07 at 45.40.
Declines| In trading, Angostura Holdings ended with a gain of 1 cent while 19,156 shares changed hands at $14, down 2 cents and First Citizens Bank lost 25 cents in closing at a new 52 weeks’ low of $35 with 6,367 shares changing hands.
Firm Trades| Clico Investment Fund ended at $22.51 with 106,276 shares trading at a value of $2,393,329, Firstcaribbean International Bank traded 428 units at $5, National Commercial Bank traded 30,303 shares at $1.65, National Flour Mills contributed 19,021 shares at $2.10 and Trinidad Cement closed with 335 shares changing hands at $2.90.
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 5 stocks with offers that were lower.