On a light trading day on the Jamaica Stock Exchange, on Wednesday’s, only 16 securities traded, as the prices of 4 rose and 5 declined, resulting in 4,375,135 securities changing hands, valued at $26,470,726.
Main Market| The JSE Market Index gave up 1,331.74 of the 1,732.90 points it gained on Tuesday, to end at 71,761.88 and the JSE All Jamaican Composite index gave back 1,489.11 of the 1,937.69 points increase on Tuesday, to close at 78,951.02. Scotia Group fell back to $19 at the close, this stock was the major influence on the downward indices’ movement.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market, are Caribbean Cement with only 1,000 shares traded, to close with an 18 cents rise to $2.40, Carreras with 168,403 shares, to close with a gain of 10 cents at $34.90, Mayberry Investments gained 5 cents to close at $1.70, in trading 2,350 units and Supreme Ventures with 2,100 shares changing hands, gained a cent, to end at $1.81.
Firm| The stocks in the main market to close without a change in price, with volume and last traded prices are, Grace Kennedy with 4,910 shares, closing at $61, Jamaica Broilers 800 shares trading at $4.70, Kingston Wharves had only 100 units being active at $5.02, National Commercial Bank put through 27,612 shares at $18 and Scotia Investments with 2,255 units, closed at $21.40.
Declines| The volume and last traded prices of stocks with losses, at the at the end of trading in the main market are, Desnoes & Geddes with 4,055,626 units, the price declined by 5 cents to $4.60, Jamaica Money Market Brokers with 5,178 ordinary shares, lost 4 cents to end at $6.96, Sagicor Group had 87,723 changing hands, with the loss of 50 cents at $9 and Scotia Group fell from Tuesday’s jump to of $1.68 to close with 11,860 units trading, with the price falling back by $1.47 to $19.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 4,450 units at $3.
Junior Market| The JSE Junior Market Index declined by 0.42 points to close at 649.43 as just 2 stocks traded, Blue Power with 100 shares a $9.06 and Knutsford Express with 668 units at $5, down 16 cents, for a new 52 weeks’ low.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Scotia takes back most of Tuesday’s gains
Scotiabank damages TTSE market
Trading on the Trinidad Stock Exchange on Wednesday, was moderate, with 13 securities changing hands of which none advanced, 4 declined and 9 traded firm. A total of 159,429 units changed hands, with valued at $2,111,145. There were three new 52 weeks lows, at the close of the market, and no new highs, as Scotiabank declined further by $1.41.
The Composite Index lost 6.94 points to close at 1,142.99, the All T&T Index fell by 5.17 points to close at 1,981.89 and the Cross Listed Index fell by 1.16 points to end at 39.78.
Gains| There was no stocks increasing in price, at the close of trading, on Wednesday.
Declines| The stocks declining at the end of trading are, Firstcaribbean International trading 3.950 units and lost 25 cents, to end at $4.75, a new 52 weeks low, while Guardian Holdings with 25,355 shares traded for $342,592, closed at $13.51, after shedding 24 cents, Sagicor Financial lost a cent, in closing at $6.24, in trading 1,000 shares, for a new 52 weeks low, Scotiabank traded 9,008 shares valued at $558,486, falling $1.41 to close at $61.99, a new 52 weeks low. The stock has been under selling pressure, since it released April mid-year results, showing a sharp fall in profit.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Mcal 200 units to close at $66.25, Clico Investment Fund with 30,013 shares valued at $660,286, to remain at $22, First Citizens Bank 8,846 shares to close at $35.95, Grace Kennedy with 1,466 shares, closed at $3.55, Jamaica Money Market Brokers lost a cent in ending at 45 cents, while trading 300 units, National Commercial Bank with 49,390 shares changing hands for a value of $49,390, closed at $1, National Enterprises with 5,106 shares, to close at $17.75, Prestige Holdings 1,667 shares traded to close at $9.40 and Scotia Investments contributed 23,128 shares with a value of $32,479, closed unchanged at $1.40.
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.
Cable & Wireless trades 23.5m shares on JSE
In Friday’s trading on the Jamaica Stock Exchange, Cable & Wireless dominated trading with 23.5 million shares, valued at $7 million, in 8 different lots. The price of the stock slipped at the close of the market, on a day when the prices of 8 stocks rose and 8 declined as 24 securities changed hands, resulting in 25,186,205 shares trading, valued at $15,293,836.
Main Market| The JSE Market Index dropped by 140.37points to 71,602.04 and the JSE All Jamaican Composite index fell 156.95 points to close at 78,772.29.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market, are Berger Paints with 7,500 gained 2 cents at $1.62, Jamaica Money Market Brokers with 23,600 shares to close with a gain of 5 cents at $7, Mayberry Investments 78,468 shares traded closed 5 higher at $1.65, National Commercial Bank with 107,897 shares changing hands closed 1 cent higher at $18, Proven Investments ordinary share traded 25,300 units with 0.25 US cents gain at 17.25 US cents, Sagicor Group had 39,030 shares trading at 16 cents, to end at $9.40 and Scotia Group 21,000 units to end at 2 cents higher at $18.84.
Firm| The stocks in the main market to close without a change in price with volume and last traded prices, are Grace Kennedy with 7,960 closed at $59, Jamaica Broilers had 10,175 units changing hands at $4.70, Sagicor Real Estate Fund with 30,000 units traded at $6.85 and Scotia Investments 3,000 shares closed at $21.40.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Cable & Wireless lost 2 cents I trading 23,460,586 shares with a loss of 2 cents to 30 cents, Caribbean Cement with 16,748 lost 14 cents to $2.04, Carreras with 10,193 shares lost 1 cent to end at $34.89, Desnoes & Geddes 342,700 shares changed hands at 19 cents lower at $4.60, Jamaica Producers had 61,440 shares changing hands at $15.60 after losing 5 cents and Buy Rated Radio Jamaica lost 22 cents while trading 319,350 shares to end at $1, for a 52 weeks low.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 17,000 units at $3.
Junior Market| The JSE Junior Market Index declined by 3.97 points to close at 643.12 as 6 stocks traded with 1 advancing and 2 declining.
Gains| Access Financial with 100 units closed 2 cents higher at $10.20 and was the only stocks recording an increase at the end of trading in the junior market.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Caribbean Cream with 103,000 shares closing at 75 cents, General Accident with 145,448 units closed at $1.40 and Lasco Financial traded 3,000 shares at $1.
Declines| Stocks declining in the junior market at the end of trading, are Lasco Distributors traded 202,000 units at $1.11 as the price lost a cent and Lasco Manufacturing with 150,710 shares closed 5 cents higher at 92 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Buying & selling even on Thursday
In Thursday’s forex trading, authorized dealers sold almost the same amount as they bought, the equivalent of US$28,770,917 was purchased versus US$32,730,124 on Wednesday, and they sold the equivalent of US$28,745,973 compared to US$37,322,163 on Wednesday.
In US dollar trading, dealers bought US$23,454,602 compared to US$27,146,842 on Wednesday. The buying rate for the US dollar was flat at $112.31. US$25,367,229 was sold versus US$33,461,453 on Wednesday, the selling rate declined 2 cents to $112.78.
The Canadian dollar dollar buying rate climbed 13 cents to $102.40 with dealers buying C$1,754,182 and selling C$1,141,386 at an average selling rate that climbed 13 cents to $103.41.
The rate for theBritish Pound rose by 22 cents to $185.51, for the purchase of £1,864,906, while £858,271, was sold, as the rate moved up $1.10 to $187.67. Other currencies bought, amounted to the equivalent of US$636,690, while selling was the equivalent of US$903,985.
Highs & Lows| The highest buying rate for the US dollar, fell 15 cents to $112.95, the lowest buying, the highest and the lowest selling rates remained unchanged at $91.85, $117.70 and $110 respectively. The highest buying rate for the Canadian dollar rose $2.09 to $105.49, the lowest buying rate gained 8 cents to $81.46, the highest selling rate rose 43 cents to $105.92 and the lowest selling rate is up 60 cents to $98.75. The highest buying rate for the British Pound, the lowest buying rate and lowest selling rate were unchanged at $187, $149.57 and $180.20 respectively. The highest selling rate increased $2.28 to $192.81.
Light trading on TTSE
Trading on the Trinidad Stock Exchange, saw 8 securities being active, of which 2 advanced, 2 declined and 4 traded firm, with 260,634 stocks changing hands valued at $2,243,649.
The Composite Index lost 0.09 points to close at 1,152.18, the All T&T Index fell by 0.18 points to close at 1,989.24 and the Cross Listed Index remained at 41.25.
Gains| Stocks increasing in price at the close are, National Flour Mills with 16,461 shares trading for $20,876 and closed 7 cents higher at $1.27, for a new 52 weeks high and One Caribbean Media with 1,300 shares changing hands, gained 11 cents to end at $24.11.
Declines| The stocks declining at the end of trading are, ANSA McAL with 200 shares traded, to close down 4 cents at $66.25 and Trinidad Cement lost 15 cents, while trading 196,525 shares, for a value of $587,275, to close at $2.85.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 31,468 shares valued at $692,296 and remained at $22, First Citizens Bank with 3,500 shares, valued at $125,825 to end at $35.95, Massy Holdings contributed 10,935 shares with a value of $749,048 to close at $68.50 and West Indian Tobacco traded 145 units, to close at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 1 stock with the offer lower.
JSE market inching forward
In Monday’s trading on the Jamaica Stock Exchange, the prices of 6 stocks rose and 8 declined as 23 securities changed hands, resulting in 3,225,751 units trading, valued at $9,515,641.
Main Market| The JSE Market Index climbed by 418.38 points to 72,464.07 and the JSE All Jamaican Composite index gained 467.81 points to close at 79,736.18.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Caribbean Cement with 253,076 shares, to close with a gain of 25 cents at $2.80, Desnoes & Geddes with 5,000 units changing hands, gained 30 cents to $4.80, Jamaica Broilers with 97,778 units, put on 9 cents and closed at $4.70, Jamaica Producers 100 units benefited from a 1 cents gain to $17, followed by Radio Jamaica with 29,060 units with an increase of 5 cents at $1.15 and Sagicor Group with 98,976 shares, putting on 20 cents to $9.20.
Firm| The stocks in the main market to close without a change in price, with volume and last traded prices, are Carreras with 8,800 shares closing at $34.90, Grace Kennedy with 2,009 shares at $60. National Commercial Bank 124,935 units resulted in a close of $18 and Sagicor Real Estate Fund with 13,387 units at $6.85.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Cable & Wireless with 1,328,663 shares with the price dipping 2 cents to 34 cents, Jamaica Money Market Brokers with 32,947 ordinary shares, lost a cent at $6.95, Mayberry Investments 20,769 shares traded with a loss of 8 cents to $1.60, Palace Amusement traded for the first time since early January this year, with 1,000 shares changing hands at $90, after losing $5, Scotia Group exchanged 25,210 shares with a loss of 50 cents to end at $19.50 and Scotia Investments traded 20,000 shares and shed 28 cents at $21.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 858,992 units at $3.
Junior Market| The JSE Junior Market Index declined by 2.01 points to close at 643.85 as 6 stocks traded with none advancing and 2 declining.
Gains| No stock gained at the end of trading in the junior market.
Firm Trades| Active stocks in the junior market to close at the same price as the day before are, Blue Power with 700 units at $9.06, Lasco Financial 7,600 shares trading at $1, Lasco Manufacturing had 70,858 units trading at 95 cents and Paramount Trading 5,000 shares at $2.52.
Declines| Stocks declining in the junior market at the end of trading are, General Accident with 40,000 shares, lost 10 cents to end at $1.35 and Lasco Distributors traded 180,891 units, 1 cents lower at $1.11.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Amounts bought & sold even on Thursday
In Thursday’s forex trading, authorized dealers bought the equivalent of US$28,845,903 versus US$32,241,775 on Wednesday, and sold the equivalent of US$28,790,439 compared to US$35,433,717 on Wednesday.
In US dollar trading, dealers bought US$24,514,855 compared to US$26,752,066 on Wednesday. The buying rate for the US dollar rose 8 cents to $112.38 and US$25,391,984 was sold versus US$32,372,395 on Wednesday, the selling rate was unchanged at $112.79.
The Canadian dollar buying rate gained 62 cents to $101.74 with dealers buying C$1,834,292 and selling C$1,561,395, the selling rate fell 35 cents to $102.94.
The rate for Pound eased back by 98 cents to $185.38, for the purchase of £1,422,602, while £897,913 was sold, as the rate fell 42 cents to $187.10. Other currencies bought, amounted to the equivalent of US$323,632 while selling was the equivalent of US$484,024.
Highs & Lows| The highest buying rates for the US dollar rose 90 cents to $114, the lowest buying rate and the highest selling rate remained unchanged $91.85 and $117.70 respectively, and the lowest selling rate rose $2.18 to end at $94.03. The highest buying rate for the Canadian dollar, recovered $1.05 to $104 and the lowest buying rate was down 29 cents to $81.59. The highest selling rate rose 6 cents to $105.56 and the lowest selling rate gained 30 cents to $98.30. The highest buying rate for the British Pound was up 12 cents to $187.90, the lowest buying rate increased by 17 cents to $150.23. The highest selling rate climbed $1.67 to $193.67 and lowest selling rate increased by 20 cents to $181.
Buying up selling down vs Tuesday
In Wednesday’s forex trading, authorized dealers bought the equivalent of US$32,241,775 versus US$30,559,230 on Tuesday, and sold the equivalent of US$35,433,717 compared to US$38,823,613 on Tuesday.
In US dollar trading, dealers bought US$26,752,066 compared to US$24,842,382 on Tuesday. The buying rate for the US dollar rose 11 cents to $112.30 and US$32,372,395 was sold versus US$33,898,255 on Tuesday, the selling rate gained 1 cents to $112.79.The Canadian dollar buying rate fell $1.11 to $101.13 with dealers buying C$708,997 and selling C$542,678, the selling rate rose 33 cents to $103.29. The rate for the Pound climbed 50 cents to $186.36, for the purchase of £2,378,979 while £1,163,950 was sold, as the rate fell 78 cents to $187.51. Other currencies bought, amounted to the equivalent of US$903,355 while selling was the equivalent of US$629,226.
Highs & Lows| The highest buying rates for the US dollar dropped 95 cents to $113.10, the lowest buying rate and the highest selling rate remained unchanged $91.85 and $117.70 respectively, and the lowest selling rate gave back the $18.15 it gained on Tuesday to end at $91.85. The highest buying rate for the Canadian dollar, fell $1.55 to $102.95 and the lowest buying rate was unchanged at $81.88. The highest selling rate declined 9 cents to $105.50 and the lowest selling rate declined by 50 cents to $98. The highest buying rate for the British Pound declined 62 cents to $187.78, the lowest buying rate fell 42 cents to $150.06. The highest selling rate dropped $1.99 to $192 and lowest selling rate declined by 50 cents to $180.80.
Stocks trading climb, price changes moderate
The number of securities trading on the Trinidad Stock Exchange shot up to 17 on Friday, of which 5 advanced, 4 declined and 8 traded firm, with 506,074 units changing hands, with a value of $2,032,984.
The Composite Index lost 0.39 points to close at 1,150.09, the All T&T Index fell by 0.77 points to close at 1,985.54 and the Cross Listed Index remained at 41.19.
Gains| Stocks increasing in price at the close are ANSA McAL with a 1 cent gain to $66.30 with 1,070 shares trading, Clico Investment Fund with 28,600 shares, valued at $629,516, advanced by a cent to end at $22.01, Massy Group traded 4,000 shares to close with a cent gain of end at $68.51, National Flour with 2,001 shares closed up a cent at $1.11 and Trinidad Cement with 287,305 shares changing hands for a value of $581,481, increased 5 cents to $2.05, as investors regain confidence in the stock, now that the company reported improved results, in the second quarter.
Declines| The stocks declining at the end of trading are Agostini’s with just 10 units to close with a loss of 2 cents at $17.37, First Citizens closed at $35.51 in exchanging 4,947 units with a 1 cents loss, National Enterprises lost 6 cents to close at $17.90 in trading 70 shares and Scotia Investments with 2,706 shares closed at $1.40 and lost a cent.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Angostura Holdings in contributing 13,130 shares with a value of $167,408, to close at $12.75, Flavorite Foods had just 20 shares trading at $5.75, Guardian Holdings with 3,280 shares, closed at $14.30, Jamaica Money Market Brokers with 151,847 shares traded for $62,257, closed at 41 cents, while National Commercial Bank added 6,938 shares valued at $7,285 to close at $1.05, Prestige Holdings 35 units were traded at $9.40, Republic Bank with 40 shares closed at $121.90 and Scotiabank with 75 units struggles at $63.49.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and no stock with the offer lower.
Jamaican $ gains against all
In Thursday’s forex trading, the selling rate for all three main currencies declined against the Jamaican dollar and only the buying rate for the Canadian dollar increased.
Authorized dealers bought the equivalent of US$29,089,690 versus US$34,069,194 on Wednesday, and sold the equivalent of US$34,347,093 compared to US$36,968,896 on Wednesday. In US dollar trading, dealers bought US$25,479,719 compared to US$29,576,893 on Wednesday. The buying rate for the US dollar fell 3 cents to $112.30 and US$30,449,315 was sold versus US$33,827,227 on Wednesday, the selling rate fell a cent to $112.82. The Canadian dollar buying rate rose 70 cents to $101.81 with dealers buying C$1,621,784 and selling C$1,311,348, the selling rate declined by 80 cents to $102.81.The Pound closed at $186.07, for the purchase of £1,178,617 as the rate dropped 86 cents while £1,158,481 was sold, as the rate declined by 32 cents to $188.32. Other currencies bought, amounted to the equivalent of US$186,838 while selling was the equivalent of US$769,051.
Highs & Lows| The highest rate for buying the US dollar, fell 10 cents to $113.10, the lowest buying, the highest and the lowest selling rates remained unchanged, at $91.85, $117.70 and $91.85, respectively. The highest buying rate for the Canadian dollar, declined by 30 cents to $103.35 and the lowest buying rate was up 42 cents to $81.76. The highest selling rate declined 46 cents to $106.04 and the lowest selling rate was down 60 cents to $98.50. The highest buying rate for the British Pound declined 60 cents to $188.80, the lowest buying rate fell 54 cents to $150.81. The highest selling rate rose $3.41, to $195.11 and lowest selling rate eased back by $27.31 to $155.04.