TTSE continues to mark time

TTSETrading280x150 Trading on the Trinidad Stock Exchange after it closed on Friday for a public holiday ended with 8 securities changing hands of which advanced, declined and traded firm with a total of 140,193 units, valued at $4,558,611.
At the close of the market, the Composite Index lost 0.19 points to close at 1,161.18, the All T&T Index fell by just 0.50 points to close at 1,968.22 and the Cross Listed Index increased by a mere 0.02 points to end at 46.48.
Gains| Stocks increasing in price at the close are, ANSA Mcal with 60,125 shares trading, valued at $4,043,406 and gained 9 cents, to end at $67.25 and Scotiabank trading only 50 shares to close 1 cent higher at $62.16.
Declines| West Indian Tobacco was the sole stock to decline, falling 50 cents to end the day at $125.50 while trading only 23 units.
Firm Trades| Stocks closing with prices unchanged at the end of trading TTSE sum 22-6-15are, Grace Kennedy contributing just 2,000 shares to close at $3.53, while Guardian Holdings added 1,000 shares to end at $14. Guardian Media trading 126 shares closed at $19.76, Massy Holdings traded 50 shares close at $64.35 and Sagicor Financial Corporation traded 76,819 shares valued at $482,444, to close at $6.30.
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 4 stocks with offers that were lower.

J$ mostly down in value on Friday

FXTrading280x150 The Jamaican dollar suffered losses on Friday against the US dollar and the Pound, the euro and gained on the Canadian dollar. Dealers bought the equivalent of US$31,243,493 compared with US$24,746,899 on Thursday, while they sold the equivalent of US$30,952,352 versus US$27,237,059 previously.
In US dollar trading, dealers bought US$27,235,624 compared to US$19,916,588 on Thursday. The buying rate for the US dollar rose 20 cents at $116.07 and US$28,289,318 was sold versus US$22,177,217 on Thursday, the selling rate rose 11 cents to $116.66. FX sum 19-6-15The Canadian dollar buying rate dropped $1.19 to $93.65 with dealers buying C$1,262,421 and selling C$1,264,620, at an average rate that fell 84 cents to $95.10. The rate for buying the British Pound declined 85 cents to $180.93 for the purchase of £1,851,088, while £953,554 was sold, at an average rate that rose $2.94 to $186.66. At the end of trading, it took J$132.90 to purchase the Euro, $2.04 more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.14 for $2.11 more than Thursday’s rate. Other currencies bought, amounted to the equivalent of US$103,899, while the equivalent of US$106,323 was sold.
Highs & Lows| The highest buying rate for the US dollar climbed $1.35 to $118.20, the lowest buying rate dropped $2.36 to $93, the highest selling rate rose 33 cents to $122.52 and lowest selling rate added 25 cents $95.61. FX HL 19-6-15The highest buying rate for the Canadian dollar declined 45 cents to $95.50, the lowest buying rate ended 17 cents higher at $75.12. The highest selling rate was up 2 cents to $97.90 and the lowest selling rate climbed $1.25 to $91.75. The highest buying rate for the British Pound, dipped 8 cents to $185.07, the lowest buying rate jumped $2.82 to $149.07, with the highest selling rate climbing $3 to $192.17 and the lowest selling rate jumping $3.60 to $179.60.

JSE slips most stocks rose

Caribbean Cement factory the company's stock closed at a 52 weeks' high on Friday

Caribbean Cement factory the company’s stock closed at a 52 weeks’ high on Friday

Activity on the Jamaica Stock Exchange, resulted in the prices of 15 stocks rising, 9 declining as 31 securities changed hands, ending in 5,015468 units trading, valued at $22,480,880, with 6 stocks closing at 52 weeks’ high, in all market segments. Only 7 stocks gained in the main market with 5 declining.
TheJSE Market Index lost 248.58 points to 97,382.18, theJSE All Jamaican Composite index fell 277.83 points to close at 107,786.05 and the JSE combined index dropped 186.25 points to end at 100,134.89.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and 3 with offers that were lower.
JSe sum 19-6-15rvIn trading, Cable & Wireless ended with 400,245 units changing hands, 1 cents down at 44 cents, there is some amount of selling at the 48-50 cents range and not much buying showing before 40 cents, with the full 2015 fiscal year results showing a large loss. The Gleaner contributed 670,000 shares with the price rising 3 cents, to end at $1.08, Jamaica Stock Exchange ended at a new all-time high of $7 with 58,055 shares trading to gain of 65 cents, ahead of the ex-dividend date of June 23. JMMB Group had 215,427 shares changing hands with the price remaining at $7.50. National Commercial Bank trading in only 32,931 shares closed at $29.50, Pan Jamaican Investment contributed 20,962 shares with the price slipping 1 cent, to $63.50, JSE fn qts 19-6-15 the stock traded earlier at a 52 weeks’ high of $65, Radio Jamaica closed at a new 52 weeks’ high of $3.20 with 50,000 shares changing hands. Sagicor Group contributing 185,000 shares with the price easing 1 cent, to $12.60. Scotia Group contributing 32,351 shares with the price rising just 1 cent to $23.15, Scotia Investments had 32,219 shares trading between $27.28 and the last price of $29.85, Supreme Ventures contributed 2,148,484 shares with the price falling 20 cents, to $3.50 and Proven Investments contributing 94,708 shares with the price closing unchanged at 22 US cents.

WITCO up 50 cents to $126

WITCO_Tobacco280x150 Trading on the Trinidad Stock Exchange ended with 12 securities changing hands of which 3 advanced, 1 declined and 8 traded firm with a total of 501,757 units, valued at $3,073,800 as West Indian Tobacco closed back at its previous 52 weeks’ high of $126.
At the close of the market, the Composite Index lost 0.19 points to close at 1,161.37, the All T&T Index fell by just 0.32 points to close at 1,968.73 and the Cross Listed Index declined by 0.01 points to end at 46.46.
Gains| Stocks increasing in price at the close are, Ansa Merchant Bank with 2,452 shares trading ending at $38.91 by adding 1 cent, Clico Investment Fund with 13,835 shares valued at $316,264 to advance 1 cent to $22.57 and West Indian Tobacco with 306,708 shares changing hands, for a value of $889,453 closed 50 cents higher, at $126.
Declines| The only stocks declining at the end of trading is, First Citizens Bank with 27,711 shares valued $990,668 and closing with a loss of 4 cents at $35.75.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Flavorite Foods trading 4,093 units to close at $4.80. JMMB Group trading 100,000 shares at 45 cents, Massy Holdings trading 1,822 shares to close at $64.35. TTSE sum 18-6-15National Enterprises with 7,307 shares trading and closing at $17.19, One Caribbean Media trading 1,746 shares to close at $22.42, Sagicor Financial Corporation trading 32,628 shares with a value of $204,345 and closed unchanged at $6.30, Scotiabank had 3,193 units changing hands at $62.15 and Trinidad Cement ending at $2.90, with 306,708 shares changing hands, for a value of $889,453.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had stocks with the bid higher than their last selling prices and stocks with offers that were lower.

FED comments shake up rates for J$

J$1000front The Jamaican dollar suffered losses on Thursday as the world major currencies gained sharply on the US dollar resulting in a decline in the value of the local currency against the Pound, the euro and the Canadian dollar, it also slipped against the US dollar as inflows declined during the period for low foreign exchange.
Dealers bought the equivalent of US$24,746,899 compared with US$26,333,879, on Wednesday while they sold the equivalent of US$27,237,059 versus US$29,923,738 previously.
In US dollar trading, dealers bought US$19,916,588 compared to US$21,903,791 on Wednesday. The buying rate for the US dollar rose 16 cents at $115.87 and US$22,177,217 was sold versus US$27,504,837 on Wednesday, the selling rate rose 7 cents to $116.55. FX sum 18-6-15The Canadian dollar buying rate jumped $1.36 to $94.84 with dealers buying C$3,575,485 and selling C$14,665,541, at an average rate that climbed $1.70 to $95.94. The rate for buying the British Pound increased $2.28 to $181.78 for the purchase of £1,119,476, while £717,241 was sold, at an average rate that rose $1.59 to $183.72. At the end of trading, it took J$130.84 to purchase the Euro, 4 cents more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.03 for 11 cents less than Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$147,539, while the equivalent of US$88,643 was sold.
Highs & Lows| The highest buying rate for the US dollar inched up 5 cents to $116.85, the lowest buying, the highest and lowest selling rates remained at $95.36, $122.19 and $95.36 respectively. FX HL 18-6-15The highest buying rate for the Canadian dollar climbed $1.20 to $95.95, the lowest buying rate and the lowest selling rates ended unchanged at $74.95 and $90.50 respectively, the highest selling rate was up $1.15 to $97.88. The highest buying rate for the British Pound, climbed $1.90 to $185.15, the lowest buying rate was unchanged at $146.25, with the highest selling rate climbing $2.46 to $189.17 and the lowest selling rate jumping $23.97 to $176.

JSE closes up with 15 stocks rising

Sagicor Group traded at day a new 52 weeks' high on Thursday.

Sagicor Group traded at day a new 52 weeks’ high on Thursday.

Activity on the Jamaica Stock Exchange, resulted in the prices of 15 stocks rising, 8 declining as 30 securities changed hands, ending in 2,795,375 units trading, valued at $21,467,371 and 3 new 52 weeks’ high in all market segments.
TheJSE Market Index gained 372.85 points to 97,630.76, theJSE All Jamaican Composite index rose 416.74 points to close at 108,063.88 and the JSE combined index gained 368.09 points to end at 100,321.14.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, JSE sum 18-6-15the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 7 with offers that were lower.
In trading, Cable & Wireless ended trading with 391,410 shares to end at 45 cents. Caribbean Cement ended with 1,019,125 shares but the price fell 40 cents to $5, Carreras ended trading with 7,660 shares to gain 41 cents to $48.50, Grace Kennedy closed with 32,022 units changing hands, 40 cents higher at $63.90. Jamaica Broilers traded 140,665 shares and was down 5 cents to $5.40, Jamaica Producers jumped $1.46 to $20 on a small volume of 7,239 shares. JMMB Group traded 176,877 shares but remained unchanged at $7.50, National Commercial Bank closed trading with 52,710 units changing hands and gained 5 cents to $29.50, JSE fn qts 18-6-15Sagicor Group traded at a new 52 weeks’ high of $13 during the morning but closed at new 52 weeks’ close of $2.61, 1 cent higher with 69,030 shares trading. Sagicor Real Estate Fund ended with 11,619 shares trading and remained unchanged at $8.
Scotia Group had trading in 208,096 shares to gain just 3 cents at $23.14, Supreme Ventures closed with 64,000 shares changing hands at $3.70. Proven Investments traded 91,678 shares and put on 0.38 US cents at the close, for a new closing high of 22 US cents, while Jamaica Money Market Brokers 7.50% preference share, traded 48,470 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 30,500 units and lost 1 cent, to end at $2.98.

JMMB dominates trading as JSE rises

JMMB_Building600x250 JMMB Group dominated trading with 9.9 million units valued at $74.5 million on Wednesday in activity on the Jamaica Stock Exchange but the stock price was up only moderately.
In trading the prices of 14 stocks rose, 6 declined as 28 securities changed hands, ending in 13,740,198 units trading, valued at $109,298,383, with two new closing 52 weeks’ high, in all market segments but with Jamaica Broilers trading at a 52 weeks’ high during the day.
TheJSE Market Index gained 661.40 points to 97,257.91, theJSE All Jamaican Composite index rose 739.27 points to close at 107,647.14 and the JSE combined index gained 659.28 points to end at 99,953.05.
Stocks trading include, JSE sum 17-6-15Caribbean Cement adding 800,705 shares to gain 40 cent to close at $5.40 for a new closing 52 weeks’ high, Desnoes & Geddes lost 40 cents to $7.60 with 7,235 shares trading, Hardware and Lumber traded 210,000 shares at $18 but the bid that was at $18 was moved down to $16, shortly the trade. Jamaica Broilers had 47,213 shares trading to close at $5.45 for a gain of 25 cents but traded earlier in the day at $6. JMMB Group traded 9,935,904 shares at $7.50, up from $7.41 on Tuesday, the shares were sold in 10 lots by JMMB Securities and all but 96,142 were purchased by NCB Capital Markets for clients. Mayberry traded 147,3000 shares at $2.88, National Commercial Bank trading only 4,777 shares as high as at $29.99 but closed at $29.45, Pan Jamaican Investment closed at a new 52 weeks’ high of $63.51 with only 5,000 shares but traded at $63.75 during the day. JSE fn qts 17-6-15Sagicor Group in trading 1,773,139 shares, ended up 10 cents higher at $12.40 at the close. Sagicor Real Estate Fund gained 30 cents in trading 23,151 units and closed at $8, Scotia Group ended with 61,864 shares at $23.11, Supreme Ventures had 59,656 shares trading at $3.70 at the end and Jamaica Money Market Brokers 8.75% preference share traded 143,000 units to lose 1 cent and close at $2.99.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 5 with offers that were lower well down on the 19 bids and 7 offers on Tuesday.

Witco in big trade on TTSE

WITCO_Tobacco280x150 Trading picked up on the Trinidad Stock Exchange on Wednesday from Tuesday lacklustre performance on Tuesday with Trinidad Cement over 215,000 shares and West Indian Tobacco having $5.55 million of the value of trading. Trading ended with 13 securities changing hands of which 3 advanced, 3 declined and 7 traded firm, with a total of 544,601 shares, valued at $7,207,809, compared to just 26,774 units, valued at $603,287 on Tuesday.
At the close of the market, the Composite Index remained unchanged at 1,161.56, the All T&T Index fell by 0.12 points to close at 1,969.05 and the Cross Listed Index advanced by 0.02 points to 46.47.
Gains| Stocks increasing in price at the close are, Point Lisas trading 91,315 shares with a value of $349,736 and gained 2 cents to $3.83, Sagicor Financial Corporation trading 4,000 shares to close, 5 cents up at $6.30 and West Indian Tobacco trading 44,288 shares valued at $5,558,144 to end with a gain of 9 cents at $125.50.
Declines| The stocks declining at the end of trading are, Ansa Merchant Bank with 200 shares trading to close lower by 4 cents at $38.90, First Citizens Bank trading 5,184 shares lost 6 cents in closing at $35.75 and Republic Bank lost 3 cents in trading 1,000 shares at a new 52 weeks’ low of $114.93.
TTSE sum 17-6-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 1,740 shares to close at $22.57, Grace Kennedy had 45,670 units changing hands at $3.53, Guardian Holdings had 2,000 shares changing hands at $14. JMMB Group trading just 130,000 shares to close at 45 cents, National Enterprises had 1,000 units trading at $17.19, Scotiabank with 500 shares trading, closed at $62.15 and Trinidad Cement trading 217,704 units valued at $631,342 to close at $2.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 3 stocks with the bid higher than their last selling prices and 3 with the offer that is lower.

JSE up in early trading

With an hour of trading on the Jamaica Stock Exchange having passed, there are JSE Intra 17-6-15gains in all the main indices with the main market indices up a bit.
Helping the indices move up are National Commercial Bank trading at $29.99 for a 53 cents gain, Caribbean Cement adding 10 cent to $5.10 and Sagicor Real Estate Fund trading a $8. The prices of 9 stocks have gained and 3 declined as 16 securities has traded with a total volume of 1.36 million units. The main market has so far had 11 stocks being active while 5 stocks traded in the junior market.
TheJSE Market Index gained 600.58 points to 97,197.09 the JSE All Jamaican Composite index rose 671.29 points to 107,579.16 at and the JSE combined index added 618.66 points to end at 99,912.43, the junior market index climbed 5.78 to 912.97.

J$ slips against all three

FXtrading280x150 Sale of all currencies by dealers on Tuesday was greater than the amount purchased by US$3.4 million and the Jamaican dollar lost value all round. Dealers bought the equivalent of US$27,433,039 compared with US$43,691,010, on Monday while they sold the equivalent of US$30,897,534 versus US$35,083,711 previously.
In US dollar trading, dealers bought US$24,476,001 compared to US$39,437,114 on Monday. The buying rate for the US dollar gained 2 cents at $115.80 and US$28,846,312 was sold versus US$32,592,055 on Monday, the selling rate rose 7 cents to $116.43. The Canadian dollar buying rate jumped $1.16 to $93.04 with dealers buying C$1,478,870 and selling C$1,176,046, at an average rate that edged up 27 cents to $94.26. FX sum 16-6-15The rate for buying the British Pound increased 93 cents to $178.21 for the purchase of £1,081,405, while £482,003 was sold, at an average rate that rose 42 cents to $180.37. At the end of trading, it took J$130.95 to purchase the Euro, 18 cents less than on Monday , according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.34 for 12 cents less than Monday’s rate. Other currencies bought, amounted to the equivalent of US$104,617, while the equivalent of US$352,440, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 7 cents to $116.82, the lowest buying and the highest selling rates remained at $95.36 and $122.19 respectively and the lowest selling rate declined by 36 cents to $95. FX HL 16-6-15The highest buying rate for the Canadian dollar gained 77 cents to $95.57, the lowest buying and lowest selling rates were unchanged at $75.03 and $90.40, respectively but the highest selling rate rose $2.20 to $99. The highest buying rate for the British Pound, rose 60 cents to $181.90, the lowest buying rate remained unchanged at $145.04, with the highest selling rate dropping $2.01 to $184.97 and the lowest selling rate is up $1.15 to $174.75.