The junior market closed on Tuesday with 16 securities trading, 7 of which advanced, 6 declined. The market index gained 4.02 points to end at 2,230.10 and a total of 4 stocks closed at a new 52 weeks’ highs and 1 at an intraday high.
The volume of 1,117,460 units changed hands, valued at $5,238,103. At the close, 1 security ended with no bid to buy and 8 securities had no stocks being offered for sale. A total of 3 stocks closed with bids higher than their last traded prices while one closed with a lower offer.
In trading, AMG Packaging rose $1.50 to close at a 52 weeks’ high of $13 with 7,887 units changing hands, Caribbean Cream ended with 31,376 shares changing hands with a rise of 10 cents to close at $4.65, Caribbean Flavours traded 2,594 units to end at $9, Caribbean Producers traded 11,730 units to close at $5.50. Consolidated Bakeries loss 10 cents and closed at $1.30 with 108,098 units trading, Derrimon Trading closed with a rise of 1 cents to close at a 52 weeks’ high of $4.21 with 4,000 shares changing hands, General Accident lost 30 cents while trading 120,000 shares to close at $2.30. Honey Bun ended at a 52 weeks’ high of $8.20 with 23,681 units trading with a gain of 55 cents,
KLE Group ended at a $2.20 with 47,000 shares changing hands with a loss of 55 cents. Knutsford Express closed with 2,400 units changing hands at $15, but previously traded at an intraday 52 weeks’ high of $15.10, Lasco Distributors closed with 177,836 units trading and ended with a loss of 2 cents at $7.80, Lasco Financial fell 14 cents to close at $4 with 291,225 shares changing hands. Lasco Manufacturing rose 16 cents in trading 155,178 shares to close at $5, Medical Disposables fell 40 cents and closed at $3.15 with 8,250 shares trading, Paramount Trading rose by $1 to end with 33,100 shares changing hands at a 52 weeks’ high of $11.50 and tTech rose 8 cents to close at $4.98 with 93,105 shares trading.
5 new all-time junior highs – Tuesday
Jamaican$ loses value all round – Tuesday
Trading in the Jamaican foreign exchange market rose slightly on Tuesday, from the prior Tuesday’s level of just $24.4 million that was purchased then. Trading ended with dealers buying the equivalent of US$27,137,018 and selling US$31,241,564, compared with US$43,368,650 purchased and US$39,093,223 sold on Monday.
In US dollars trading, dealers bought US$24,325,109 compared to US$38,895,652 on Monday with the buying rate for the US dollar rising 3 cents to $120.45. A total of US$28,696,289 was sold versus US$37,043,813 on Monday as the selling rate climbed by 10 cents to $121.21. 
The Canadian dollar buying rate fell 73 cents to end at $82.18 with dealers buying C$1,434,840 and selling C$2,283,416, at an average rate that rose $1.87 to $86.74. The rate for buying the British Pound dropped 64 cents to $169.09 for the purchase of £1,199,305, while £568,662 was sold, with the rate gaining 88 cents to $171.51. At the end of trading, the selling rate for Euro, ended with a gain of 16 cents at J$131.19, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.49 for a rise of 14 cents from Monday’s rate. 
The US dollar equivalent of other currencies traded, amounts to US$149,383 being bought, while US$106,693 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a rise of $1.55 in the lowest selling rate of the Canadian dollar that ended at $80.55 and British Pound, lowest selling rate falling $5.75 to $158.
Jam$ loses value all round – Monday
Trading in the Jamaican foreign exchange market rose on Monday, from Friday levels and well above trading on the prior Monday when only $27.6 million was purchased. Monday ended with dealers buying the equivalent of US$43,368,650 and selling US$39,093,223, compared with US$29,100,279 purchased and US$26,283,796 sold on Friday.
In US dollars trading, dealers bought US$38,895,652 compared to US$26,956,579 on Friday with the buying rate for the US dollar rising 4 cents to $120.42. A total of US$37,043,813 was sold versus US$25,059,286 on Friday as the selling rate climbed by 6 cents to $121.11. 
The Canadian dollar buying rate gained $1.46 to end at $82.91 with dealers buying C$2,285,181 and selling C$1,484,552, at an average rate that rose 28 cents to $84.87. The rate for buying the British Pound climbed $1.41 to $169.73 for the purchase of £1,835,997, while £520,136 was sold, with the rate gaining 47 cents to $170.63. At the end of trading the sale of the Euro, ended with a gain of 2 cents at J$131.03, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the 
European common currency at J$128.35 for a fall of 42 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$311,814 being bought, while US$276,301 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a rise of $1.42 in the lowest buying rate of the British Pound, to end at $138.20 and a fall in the lowest selling rate of $1.55 to $163.75.
Jamaican $ fairly stable on Friday
Trading in the Jamaican foreign exchange market declined sharply on Friday, from the expanded level on Thursday with dealers buying the equivalent of US$29,100,279 and selling US$26,283,796, compared with US$86,482,978 purchased and US$81,286,470 sold on Thursday.
In US dollars trading, dealers bought US$26,956,579 compared to US$81,408,190 on Thursday with the buying rate for the US dollar falling 40 cents to $120.38. A total of US$25,059,286 was sold versus US$76,491,607 on Thursday as the selling rate climbed by just 1 cent to $121.05.
The Canadian dollar buying rate dropped $2.70 to end at $81.45 with dealers buying C$975,164 and selling C$756,808, at an average rate that fell 85 cents to $84.59. The rate for buying the British Pound slipped $1.39 to $168.32 for the purchase of £942,480, while £313,967 was sold, with the rate gaining 19 cents to $170.16. At the end of trading the sale of the Euro, ended with a loss of 85 cents at J$131.01, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.77 for a fall of 17 cents from Thursday’s rate. 
The US dollar equivalent of other currencies traded, amounts to US$166,009 being bought, while US$254,239 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a sharp drop of $16.55 in the lowest selling rate of the US dollar to $100.95. The Canadian dollar lowest selling rate rose by $1.50 to $79.50 and there was a rise of $1.32 in the highest buying rate of the British Pound, to $173.75.
Big jump in FX trades on Thursday
Trading picked up in the Jamaican foreign exchange market on Thursday over the low level on Wednesday but is still below the levels expected for this time of the year with dealers buying the equivalent of US$86,482,978 and selling US$81,286,470, compared with US$30,144,415 purchased and US$32,965,153 sold on Wednesday.
In US dollars trading, dealers bought US$81,408,190 compared to US$25,692,915 on Wednesday with the buying rate for the US dollar rising 65 cents to $120.78. A total of US$76,491,607 was sold versus US$27,660,961 on Wednesday as the selling rate climbed by 3 cents to $121.04.
The Canadian dollar buying rate jumped $1.95 to end at $84.15 with dealers buying C$3,747,853 and selling C$5,750,040, at an average rate that rose $1.86 to $85.44. The rate for buying the British Pound climbed $1.14 to $169.71 for the purchase of £1,686,196, while £456,382 was sold, with the rate gaining 3 cents to $169.97. At the end of trading, it took J$131.86 to purchase the Euro, for a rise of 15 cents from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.94 for a climb of 12 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$94,363 being bought, while US$95,194 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a jump of $18.72 in the lowest selling rate of the US dollar to $117.50. The Canadian dollar highest buying rate rose by $1.60 to $85.25. There was a rise of $3.74 in the highest selling rate of the British Pound, to $179.01 and an increase in the lowest selling rate of $1.20 to $164.50.
Juniors slip again on Thursday
Honey Bun closed at a 52 weeks’ high of $7.65.
The volume of 1,498,422 units changed hands, valued at $9,013,294 with indicators showing potential for a resumption of upward price movements with the supply of stocks being reduced as indicated by the increased number of stocks without offers. At the close, 1 security ended with no bid to buy and 8 securities had no stocks being offered for sale. A total of 6 stocks closed with bids higher than their last traded prices while none closed with a lower offer.
In trading, Blue Power ended at $11 with 6,433 shares trading, C2W Music ended at 49 cents while 48,850 units changed hands, Cargo Handlers closed with a loss of 1 cent at $11 with 2,280 units changing hands, Caribbean Cream ended with 35,000 shares changing hands with a loss of 5 cents to close at $4.75. Caribbean Flavours traded 352,178 units to close with a rise of 10 cents to end at $9, Consolidated Bakeries closed at $1.40 with 69,807 units trading, Derrimon Trading closed at $4.10 after losing 5 cents with 50,000 shares trading, Dolphin Cove traded 20,000 shares with a gain of 8 cents to close at $15.68. General Accident lost 20 cents while trading 2,100 shares to close at $2.10,
Honey Bun rose 24 cents in closing at a 52 weeks’ high of $7.65 as 32,000 shares changed hands, KLE Group ended at new 52 weeks’ high of $2.20 with 34,000 shares changing hands with a gain of 10 cents. Lasco Distributors closed with 150,700 units trading and ended with a loss of 13 cents at $7.87, Lasco Financial closed at $4.15 with 278,988 shares changing hands after gaining 15 cents. Lasco Manufacturing lost 1 cent in trading 358,622 shares to close at $4.99, Paramount Trading gained 2 cents to close at $10.55 with 29,500 shares trading and tTech closed at $4.70 with 27,964 units changing hands.
51m C&W shares trade in JSE morning session
Fifty one million units of Cable & Wireless shares traded in the morning session on the Jamaica Stock Exchange with 48.7 million units resulting from a cross executed by Sagicor Investments at $1.50. Mayberry Investments bought over 2 million units at $1.50. 
Supply for the stock has been declining for a while with demand improving ahead of the release of the December results due within three weeks.
There has been moderate movement in the market indices in the morning session with stock prices trading close to yesterday’s close. Of note is that Barita Investments fell by $1.23 to $4.05 with 15,000 shares, Jamaica Broilers traded at $13.10 with 16,676 shares, Sagicor Group had 18,885 units trading at $22.50 for an increase of 90 cents and Supreme Ventures saw trading in 395,000 shares with an increase of 35 cents to $5.50
After 75 minutes of trading, the all Jamaica Composite Index rose 1,042.21 points to 174,133.39 the JSE Market Index gained 932.58 points to 156,750.11, the JSE combined index rose 904.48 points to 168,117.40 and the junior market index rose 2.78 points to 2,249.10. In trading, 24 securities were active and accounted for 51,732,316 units changed hands with 9 stocks rising and 7 falling.
Juniors retreat slightly on Wednesday
AMG Packaging closed at a new high of $12 on Wednesday.
The volume of 1,738,498 units changed hands, valued at $9,189,436 with indicators showing potential for a resumption of upward price movements with the supply of stocks being reduced as indicated by the increased number of stocks without offers. At the close, 1 security ended with no bid to buy and 8 securities had no stocks being offered for sale. A total of 6 stocks closed with bids higher than their last traded prices while 1 closed with a lower offer.
In trading, Access Financial Services closed with a gain of 40 cents at $17, with 2,136 units changing hands, AMG Packaging price rose 60 cents to a new high of $12 with 27,421 shares changing hands, Blue Power lost $2 to end at $11 with only 600 shares trading, C2W Music ended at 49 cents while 10,000 units changed hands. Caribbean Cream ended with 82,361 shares changing hands with a loss of 14 cents to close at $4.80, Caribbean Producers had 721,902 units changing hands and gained 15 cents to close at $5.65,
Consolidated Bakeries closed at $1.40 with 6,300 units trading, General Accident rose 11 cents while trading 28,821 shares to close at $2.30. Honey Bun lost 19 cents in closing at $7.41 as 63,979 shares changed hands, KLE Group ended at new 52 weeks’ high of $2.10 with 52,926 shares changing hands with a gain of 10 cents. Lasco Distributors closed with 117,645 units trading and ended unchanged at $8, Lasco Financial closed at $4 with 184,400 shares changing hands. Lasco Manufacturing traded 300,316 shares and closed at $5, Medical Disposables had 870 shares changing hands to close at $3.55, Paramount Trading lost 2 cents to close at $10.53, with 9,000 shares trading and tTech closed with a loss of 20 cents at $4.70 with 129,821 units changing hands.
Moderate changes in JSE morning session
There has been moderate movement in the market indices in the morning session with stock prices trading close to yesterday’s close. 
Of note is that AMG Packaging traded 806 units at a new all-time high of $12 and Supreme Ventures traded at new 52 weeks’ high of $5.50.
After an hour of trading, the all Jamaica Composite Index rose 16.66 points to 173,027.55 the JSE Market Index gained 14.90 points to 155,760.59 the JSE combined index rose 8.83 points to 167,178.91 and the junior market index slipped by 0.58 points to 2,249.07. In trading, 28 securities were active and accounted for 3,774,288 units changed hands with 8 stocks rising and 7 falling.
Other trades of note are Cable & Wireless with 764,689 at $1.50, Grace Kennedy with 257,421 valued at $21.3 million trading at $84, Pan Jamaican Investment with 210,941 units valued at $19.8 million while trading at $94.05 and Scotia Group with 1,155,450 shares at $30.42 valued at $35 million.
FX Inflows depressed on Tuesday
Trading in the Jamaican foreign exchange market on Tuesday was still below the levels expected for this time of a week in the winter months. Dealers bought the equivalent of just US$24,412,348 and sold US$31,030,871, compared with US$27,603,340 purchased and US$28,177,563 sold on Monday.
In US dollars trading, dealers bought US$21,172,486 compared to US$23,407,422 on Monday with the buying rate for the US dollar rising 37 cents to $120. A total of US$28,937,052 was sold versus US$26,363,858 on Monday as the selling rate climbed by 5 cents to $120.85. The Canadian dollar buying rate rose $1.05 to end at $81.84 with dealers buying C$2,359,149 and selling C$1,905,459, at an average rate that rose 89 cents to $83.05. The rate for buying the British Pound dropped $1.20 to $167.90 for the purchase of £1,052,798, 
while only £374,507 was sold, with the rate falling $1.72 to $169.60. At the end of trading, it took J$131.37 to purchase the Euro, for a fall of 91 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.15 for a decline of $1.64 from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$157,901 being bought, while US$258,822 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a fall of $1.87 in the lowest selling rate of the US dollar to $98.86. The highest buying rate of the Canadian dollar fell $1.35 to $83.65 and the lowest selling rate slipped by $1.15 to $77. The British Pound, dropped $1.25 in the highest buying rate to $172.20 and by $1.50 in the lowest selling rate to $164.
