BOJ sold US dollars into the system on Monday
The foreign exchange market closed on Friday, with dealers buying the equivalent of US$66,689,913 and selling US$71,064,031, in contrast to US$29,951,569 purchased and US$32,955,410 sold on Thursday.
In US dollar trading, dealers bought US$63,725,324 compared to US$25,380,999 on Thursday, as the buying rate for the US dollar rose 51 cents to $124.99.
A total of US$69,202,703 was sold versus US$28,555,052 on Thursday with the selling rate rising 9 cents to $125.42. The Canadian dollar buying rate dropped $1.10 to end at $91.76 with dealers buying C$620,487 and selling C$945,581, at an average rate that declined by 32 cents to $95.88. The rate for buying the British Pound dropped $1.97 to $178.59 for the purchase of £1,620,012, while £648,114 was sold, with the rate falling 66 cents to $181.50.At the end of trading, the selling rate for Euro, fell 72 cents to close at J$140.43, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$137.39, for a fall of 77 cents on Thursday’s rate. The US dollar equivalent of other currencies traded amounts to US$194,210 being bought, while US$200,617 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the Jamaican dollar traded at in the foreign exchange market on Friday, include, a fall of $1.15 in the highest buying rate of the US dollar to end at $125.85 and an increase in the lowest selling rate of $2 to $103.12, a decline of $11.05 in the lowest selling rate of Canadian dollar to end at $78.95, a fall of $1.10 in the highest buying rate for the British Pound to $183.50 and a rise of $2.20 in the lowest selling rate to $172.20.
Losses|$47.99 and Republic Financial Holdings lost 9 cents in trading 4,600 units valued at $496,340 to close at a 52 weeks’ low of $107.90.
Investor’s Choice bid-offer indicator reading showed 18 stocks with bids higher than their last selling prices and 5 with lower offers.
National Commercial Bank traded 37,465 shares, to close with a fall of 19 cents at $39.80. Pan Jamaican Investment climbed back $1.70 to close trading at $122.70 but with just 400 shares changing hands, Radio Jamaica rose 3 cents in trading 70,612 shares at $1.30, Sagicor Group ended with 71,400 shares changing hands, fell 20 cents, to end at $22.30. Scotia Group closed with a fall of $2.70 to end at $30 while 81,365 units changed hands, Scotia Investments fell $1.09 to $25 with 12,880 shares changing hands, Sterling Investments lost 92 cents and closed at $11.98 with 24,800 shares trading. Supreme Ventures closed at $5 with 16,339 shares changing hands, after falling 29 cents and Proven Investments traded with a gain of 2 US cents to 20 US cents with 49,000 shares trading.
$1.60 with 10,500 shares changing hands. General Accident traded at $2.10 with 50,000 shares trading, 
Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 10 with lower offers.
Jamaica Producers traded 2,000 shares at $35, Kingston Wharves loss 13 cents in trading 4,000 stock unit at $11.52, 
On Thursday it took an average of 125.33 Jamaican dollars to purchase one United States dollar, at the end of foreign exchange trading, as the currency held above the J$125 mark for the second day in a row. 
A total of US$28,555,052 was sold versus US$42,868,784 on Wednesday with the selling rate rising 19 cents to $125.33. The Canadian dollar buying rate rose 11 cents to end at $92.86 with dealers buying C$849,941 and selling C$584,510, at an average rate that declined by $1.02 to $96.20. The rate for buying the British Pound climbed $3.37 to $180.56 for the purchase of £2,675,978, while £1,792,447 was sold, with the rate rising by $2.31 to $182.16.
Highs & Lows| Notable changes to the highest and lowest rates the Jamaican dollar traded at in the foreign exchange market on Thursday, include, a rise of $1.20 in the highest buying rate of the US dollar to end at $127, a decline of $1.05 in the highest buying rate of Canadian dollar to end at $95.50, a fall of $1 in the lowest selling rate to end at $90, a rise of $1.80 in the highest buying rate for the British Pound to $184.60, a drop of $4.79 to $144.42 in the lowest buying rate, a rise of $3.03 to $187.92 for the highest selling rate and a fall of $2.80 in the lowest selling rate to $170. 
Scotiabank closed with 55 shares changing hands with a loss of 4 cents, to end at a 52 weeks’ low of $53.91 and Unilever Caribbean lost 1 cent in trading 88 shares, to close to at a 52 week’ low of $64.94.
The volume traded dropped sharply compared the the amount traded on Wednesday. 
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 6 with lower offers.
Mayberry Investments traded 61,305 shares at $3.99 after falling by a cent, National Commercial Bank traded 80,771 shares, to close with a rise of 10 cents at $39.85. 
On Wednesday it took an average of 125.14 Jamaican dollars to purchase one United States dollar, at the end of foreign exchange trading, as the currency hit the J$125 mark for the first time. 
The Canadian dollar buying rate dropped 76 cents to end at $92.75 with dealers buying C$869,892 and selling C$2,176,462, at an average rate that rose by $2.10 to $97.22. The rate for buying the British Pound climbed 81 cents to $177.19 for the purchase of £1,538,320, while £971,130 was sold, with the rate rising by $1.53 to $179.85.
currencies traded amounts to US$1,086,558 being bought, while US$271,713 was sold.
