The Trinidad & Tobago Stock Exchange recorded mild losses on Monday with 165,831 shares valued at $6,152,576 changing hands. The market closed with only 7 securities traded as weakness continue in prices of stocks. At the close 1 stock rose, 2 declined, while 4 remained unchanged. One stock closed at 52 weeks’ low at the end of trading.
The Composite Index declined by 1.02 points to close at 1,133.89, the All T&T Index fell 2.02 points to close at 1,813.59 and the Cross Listed Index remained unchanged at 60.32.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with the bid higher than the last selling price and 8 with offers that were lower.
Gains| Sagicor Financial Corporation gained 1 cent to close at $7.26 with 14,332 shares changing hands.
Losses| Massy Holdings ended with 95,491 shares changing hands for a value of $5,059,114 as the price dropped by 97 cents to end at a 52 weeks’ low of $52.98 and Trinidad and Tobago NGL fell 25 cents and closed at $21 with 44,878 shares traded for $942,594.
Firm Trades| Clico Investment Fund ended at $22.60 with 1,287 shares changing hands, JMMB Group ended at 58 cents with 3,300 shares trading, National Flour had 6,443 units changing hands at $2.30 and Prestige Holdings closed at $11.30 as 100 units changed hands.
TTSE drops again on Monday
Jamaican$ falls again – Monday
Trading in the foreign exchange market resulted in the Jamaican dollar losing some more value on Monday compared to the rate of the US dollar and the Pound sterling. The market closed with dealers buying the equivalent of US$53,873,364 and selling US$48,342,459, in contrast to US$38,302,803 purchased and US$39,620,292 sold on Friday.
In US dollars trading, dealers bought US$49,748,240 compared to US$34,701,116 on Friday, as the buying rate for the US dollar held at $121.69. A total of US$46,610,741 was sold versus US$36,856,764 on Friday, the selling rate rose 3 cents to $122.33. 
The Canadian dollar buying rate dropped $1.84 to end at $92.56 with dealers buying C$1,886,018 and selling C$1,220,485, at an average rate that fell 72 cents to $94.78. The rate for buying the British Pound rose by 37 cents to $169.51 for the purchase of £1,801,116, while £409,745 was sold, as the rate rose 77 cents to $171.30. At the end of trading, the selling rate for Euro, rose 49 cents to close at J$138.17, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.42 for a rise of 38 cents on Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$181,743 being bought, while US$212,381 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Monday are, a fall of $18.22 in the lowest selling rate of the US dollar to $99.78, a rise of $2.43 in the highest buying rate for the Canadian dollar to $98.28, a rise in the lowest buying rate by $2.36 to $75.36, while the highest buying rate for the British Pound dropped by $1.06 to $176.
Jamaican$ falls again – Friday
Trading in the foreign exchange market resulted in the Jamaican dollar losing value on Friday compared to the rate of the three main currencies it trades against. The market closed with dealers buying the equivalent of US$38,302,803 and selling US$39,620,292, in contrast to US$39,840,995 purchased and US$40,874,638 sold on Thursday.
In US dollars trading, dealers bought US$34,701,116 compared to US$36,706,474 on Thursday, as the buying rate for the US dollar fell 3 cents to close at $121.69. A total of US$36,856,764 was sold versus US$38,957,868 on Thursday, the selling rate rose 6 cents to $122.30. 
The Canadian dollar buying rate rose 33 cents to end at $94.40 with dealers buying C$2,957,976 and selling C$2,739,325, at an average rate that rose 43 cents to $95.50. The rate for buying the British Pound rose by 25 cents to $169.14 for the purchase of £864,594, while £263,164 was sold, as the rate rose 8 cents to $170.54. At the end of trading, the selling rate for Euro, fell 14 cents to close at J$137.68, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.04 for a fall of 4 cents on Thursday’s rate. The US dollar equivalent of other currencies 
traded, amounts to US$105,393 being bought, while US$257,435 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Friday are, a fall of $1.80 in the lowest selling rate for the Canadian dollar to $87.20, while the highest buying rate for the British Pound jumped by $4.86 to $177.06 and the lowest selling rate rose $1 to $166.
JSE enjoys solid gains – Friday
Carib Cement jumped $3.90 to close at $23.40
on Friday.
Trading Friday on the Jamaica Stock Exchange saw a number of large volumes going through the market but with negligible impact on prices. A total of 41 securities changed hands, in all market segments with 14 stocks rising and 10 declining. Trading accounted for 6,587,288 units valued at $120,406,344 changing hands in all markets with the junior market accounting for 430,780 units valued at $1,515,398.
The JSE Market Index gained 627.74 points to end at 150,211.24, the all Jamaica Composite Index rose 702.06 points to 167,524.84 and the JSE combined index gained 868.01 points, to close at 158,930.91.
IC bid-offer Indicator| At the end of trading, in the main and junior 
markets, the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 9 with lower offers.
At the end of market activities, Cable & Wireless rose 5 cents to close at $1.31, in trading 476,886 units. Caribbean Cement jumped $3.90 to close at $23.40 with 3,282 shares changing hands, Carreras fell 50 cents to end trading with 4,715 shares, to close at $65.50, Jamaica Producers traded a large volume, with 2,139,600 units changing hands, up from 1,500,000 units on Thursday, the price climbed $1, to close at $33 on Friday. JMMB Group had 13,805 shares changing hands with a rise of 14 cents to end at $9.89, 
Kingston Wharves traded 14,595 shares at $11.50. Mayberry Investments lost 40 cents to close at $3.60 with 17,795 units changing hands. National Commercial Bank rose 28 cents with 163,716 shares changing hands to close at $40.48. Radio Jamaica traded 303,827 shares to close with a gain of 4 cents at $1.17, Sagicor Group shed $1 in ending with 1,156,805 shares changing hands to close at $23, this after 1,238,798 units were traded on Thursday. Scotia Group traded 303,949 shares to close at $30, Supreme Ventures had 91,289 shares changing hands at $5.10, Proven Investments ordinary shares traded 107,662 units to end at 16 US cents and the Jamaica Money Market Brokers 7.50% preference share, traded 1,331,340 units at $2.15.
Slow start to Friday’s trading
unlike Thursday when there were some large trades trading on the Jamaica Stock Exchange got off to a slow start on Friday,
with the largest trade being National Commercial Bank with 139,796 shares trading at $40.48 and Jamaica Money Market Brokers 7.50% preference share with 1,331,340 units at $2.15.
Trading saw all major indices rising after 75 minutes of trading on Friday with an average of 73,514 per active stock traded, up from an average of 398,593 units traded in the mid-morning session on Friday.
A total of 22 securities compared to 33 on Thursday, accounting for 1,617,302 shares changed hands at 10.45 am as 4 stocks gained and 6 declined.
The market saw the all Jamaica Composite Index dropped by 1,257.04 points to 165,565.74, the JSE Market Index slipped 1,124.00 points to 149,087.24 the JSE combined index ending with a fall of 946.57 points to 157,122.37 and the junior market index increasing by 9.37 points to 1,834.87.
More Jamaican$ losses on Thursday
Trading in the foreign exchange market resulted in the Jamaican dollar mostly losing value on Thursday except for the Pound. The market closed with dealers buying the equivalent of US$39,840,995 and selling US$40,874,638, in contrast to US$34,586,838 purchased and US$34,218,881 sold on Wednesday.
In US dollars trading, dealers bought US$36,706,474 compared to US$31,495,963 on Wednesday, as the buying rate for the US dollar added 18 cents to close at $121.72. A total of US$38,957,868 was sold versus US$33,131,671 on Wednesday, the selling rate gained 9 cents to $122.24. 
The Canadian dollar buying rate rose $2.33 to end at $94.07 with dealers buying C$2,396,649 and selling C$1,831,351, at an average rate that rose 57 cents to $95.07. The rate for buying the British Pound declined $1.05 to $168.89 for the purchase of £872,301, while £320,878 was sold, as the rate slipped $1.43 to $170.46. At the end of trading, the selling rate for Euro, fell $1 to close at J$137.82, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.08 for a fall of 88 cents on Wednesday’s rate. 
The US dollar equivalent of other currencies traded, amounts to US$71,972 being bought, while US$45,047 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Thursday are, a fall of $1.70 in the lowest buying rate for the Canadian dollar to $73, rise of $1.49 in the highest selling rate to $99.04 and rise of $2 in the lowest selling rate to end at $89, while the highest buying rate for the British Pound fell $1.55 to $172.20.
JSE rose with volumes up – Thursday
S VL Trade over 10 million shares on Thursday.
The JSE Market Index gained 860.66 points to end at 150,211.24, the all Jamaica Composite Index rose 962.52 points to 166,822.78 and the JSE combined index rose 849.82 points, to close at 158,062.90.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 6 with lower offers.At the end of market activities, Berger Paints traded 26,400 shares to gain 3 cents and closed at $3.83, Cable & Wireless rose 5 cents to close at $1.26 in trading 945,819 units after trading earlier at $1.33. Caribbean Cement fell 39 cents to close at $19.50 with 27,473 shares changing hands, Carreras gained $1 and ended trading 9,260 shares to close at $66, Grace Kennedy gained 50 cents and closed with 22,300 shares changing hands at $80.50. Jamaica Broilers rose 30 cents in trading 18,535 units to close at $14.80. Jamaica Producers was one of a number of stocks trading large volumes with 1,500,000 units changing hands with a rise of 50 cents to close at $32, Jamaica Stock Exchange traded 10,627 shares to end at $19,
JMMB Group had 37,187 shares changing hands at $9.75, Margaritaville Turks gained 0.50 cent with 27,000 shares changing hands to close at 14.5 US cents. National Commercial Bank rose 19 cents with 159,786 shares changing hands to close at $40.20. Radio Jamaica traded 155,185 shares to close with a loss of 2 cents at $1.13, Sagicor Group gained $1 in ending with 1,238,798 shares changing hands at $24. Sagicor Real Estate Fund traded 1,451,906 units but lost 10 cents to end at $10, Scotia Group traded 26,915 shares to close at $30, Supreme Ventures lost 40 cents with a large block of 10,035,300 units changing hands at $5.10, Proven Investments ordinary shares traded 93,053 units to end at 16 US cents and the JMMB Group 7.50% preference share traded 119,440 units at $1.07.
TTSE drops again on Thursday
Witco is the sole stock to rise on the TTSE.
The Composite Index declined by 4.59 points to close at 1,135.08, the All T&T Index fell 9.10 points to close at 1,815.63 and the Cross Listed Indexwas unchanged at 60.37.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4stocks with the bid higher than the last selling price and 7 with offers that were lower.
Gains| West Indian Tobacco was the only stock to rise having put on just 2 cents the price closed at $126.30 while trading 1,640 shares.
Losses| Angostura Holdings ended with 7,000 shares changing hands to decline by 20 cents at $13, National Enterprises closed with 984 shares changing hands after falling 67 cents, to close at a $11.25, Point Lisas traded 13,114 shares but lost 6 cents to $3.94.
Praetorian Property Mutual Fund contributed 2,200 shares to end with a loss of 30 cents at a 52 weeks’ low of $2.70 and Trinidad and Tobago NGL lost 2 cents and closed at $21.01 with 107,538 shares traded for $2,258,416.Firm Trades| Clico Investment Fund ended at $22.60 with 2,380 shares changing hands, Firstcaribbean International Bank had 2,998 units changing hands at $6.50, Guardian Holdings closed with 26,288 shares valued at $341,744 changing hands to end at $13. Prestige Holdings with 1,351 units changing hands, ended at $11.30, Sagicor Financial Corporation closed with 109,915 shares changing hands for a value of $796,871 and closed at $7.25.
10 juniors down 4 up on Thursday
The junior market closed slightly higher on Thursday with a gain of 5.01 points to 1,825.50 but more stocks declined than gained. Trading ended with 18 active securities, 4 of which advanced and 10 declined while only 540,140 units valued at $2,757,260, changed hands.
There were only 3 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
At the end of trading, AMG Packaging traded only 395 units at $13.12, the stock closed with an offer to sell 10,000 units at $13. Blue Power declined by 75 cents with a mere 581 units changing hands at $11.20, Caribbean Cream traded 48,275 shares and fell 8 cents, to end at $4.02, Caribbean Flavours traded 12,500 units to end at $7.50 with a loss of 50 cents, Caribbean Producers traded 53,870 units and lost 7 cents to end at $4.03. Derrimon Trading closed at $5 with 10,000 units changing hands, but the offer was at $4.99 to sell 56,000 shares when trading ended, General Accident Insurance traded 63,000 units at $2.90 to gain 31 cents but at the close, 5,600 units were offered at $2.65. Iron Rock Insurance had 8,000 units changing hands with a loss of 25 cents, to end at $3.65, Honey Bun rose 5 cents to close at $12.55 while 18,000 shares changed hands, ISP Finance closed at $2.50 after trading 10,172 units, 
Jamaican Teas fell 40 cents to close at $3.41 after 16,159 shares changed hands. Jetcon Corporation ended trading with 7,000 shares with the loss of a cent at $2.69, KLE Group traded 16,018 shares and fell 22 cents, to end at $1.43, Knutsford Express closed with 23,952 units changing hands at $19. Lasco Distributors gained 2 cents to end at $5.06 with 178,600 units trading, Lasco Financial lost 28 cents to close at $2.62, with 32,817 shares changing hands. At the close there were 2,363,963 units on the bid at $2.62. Lasco Manufacturing gained 30 cents with 30,530 shares changing hands to close at $3.80 and tTech ended with 10,271 shares trading to end at $4.08 as the price fell by 14 cents.
Volumes climb early Thursday
Large trades in Supreme Ventures falling by 49 cents with 10,031,100 changing hands at $5.01, Sagicor Group with 1,218,818 shares at $24 after rising by $1 and Sagicor Real Estate Fund covering 1,300,894 units at $9.60 while losing 40 cents, dominated trading on Jamaica Stock Exchange in the early morning session on Thursday.
Trading saw all major indices rising after 75 minutes of trading on Thursday with an average of 398,593 per active stock traded, up from an average of 251,635 units traded in the mid-morning session on Wednesday.
The market saw the all Jamaica Composite Index rising 508.80 points to 166,369.06, the JSE Market Index climbing 454.95 points to 149,805.53 the JSE combined index ending with a gain of 490.18 points to 157,703.26 and the junior market index increasing by 6.64 points to 1,827.13.
A total of 33 securities compared to 20 on Wednesday, accounting for 13,153,558 shares changed hands at 10.45 am as 8 stocks gained and 9 declined.
