Trading of foreign currencies in Jamaica’s foreign exchange market saw US$6 million more funds flowing out of the market than the amount that entered on Tuesday leading to slippage in the rate for the Jamaican dollar against the US and the Canadian dollars. At the close of trading, the equivalent of US$38,773,432 was bought by dealers, compared with US$40,009,733 on Monday, while they sold the equivalent of US$32,724,247 versus US$32,908,156 previously.
In US dollar trading , dealers bought US$33,795,098 compared to US$36,075,775 on Monday. The buying rate for the US dollar rose 13 cents to $119.32 and US$30,120,276 was sold versus US$30,594,536 on Monday, the selling rate gained 1 cent to end at $119.87.
The Canadian dollar buying rate rose 75 cents to end at $88.20 with dealers buying C$2,410,829 and selling C$2,031,958, at an average rate that gained 68 cents to $89.59. The rate for buying the British Pound rallied by $2.17 to $179.60 for the purchase of £2,018,586, while £659,747 was sold, with the rate falling 30 cents to $180.57. At the end of trading, it took J$127.28 to purchase the Euro, a fall of 70 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$124.66 for a decline $1.14 from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$157,681 being bought, while US$91,605 was sold.
Highs & Lows| On Tuesday, the highest buying rate for the US dollar lost 12 cents to $119.98, the lowest buying rate gained 9 cents to $98.66, the highest selling rate remained at $126.42.
The lowest selling rate rose 9 cents to $98.66. The highest buying rate for the Canadian dollar rose 70 cents to end at $91, the lowest buying rate fell 25 cents to $71.38, the highest selling rate eased 9 cents to at $92.25 and the lowest selling rate ended lower by 40 cents to $85. The highest buying rate for the British Pound, gained 20 cents to end at $182. The lowest buying rate closed 75 cents lower at $144.92, the highest selling rate dropped 96 cents to $186.82 and the lowest selling rate rose 50 cents to end at $174.
J$ almost firm vs US on Tuesday
7 TTSE’s stocks gain 3 lost on Tuesday
Trading on the Trinidad and Tobago Stock Exchange remains elevated on Tuesday, ending with 14 active securities of which 7 stocks closing higher, 3 declined and 4 remained unchanged as 146,401 shares changed hands for a value of $1,936,656.
At the close, the Composite Index ending with a rose of 0.29 points at 1,159.66 the
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.
Gains| Clico Investment Fund closed with 19,600 shares valued at $ 442,568 changing hands, 1 cent higher at $22.58, First Citizens Bank traded 2,733 shares to close with a gain of 2 cents at $35.02, Grace Kennedy had 10,345 units changing hands at $3.75, for a 15 cents gain. One Caribbean Media traded 100 shares and gained 5 cents to end at $22.05, Praetorian Property Mutual Fund contributed 10,000 shares and rose 2 cents to end at $3.09. Sagicor Financial Corporation closed with 2,726 shares changing hands at $6.03 for a 1 cent gain and Trinidad and Tobago NGL closed with a gain of 45 cents, at $22.01 as 48,585 shares changed hands for a value of $1,055,700.
Declines| Ansa Merchant Bank traded 887 units to close 2 cents lower at $38.65, Guardian Holdings with 14,116 shares changing hands, closed with a loss of 1 cent at $12.90 and JMMB Group fell 3 cents to end at 50 cents while trading 20,000 units.
Firm Trades| National Commercial Bank contributed 5,069 shares at a closing price of $1.95, Prestige Holdings traded 489 units to end at $10.05, Scotia Investments closed at $1.59, with 2,365 shares changing hands and infrequent trader L.J. Williams B share traded 9,386 units to close at 97 cents.
6 TTSE’s stocks rise 1 fall on Monday
TCL closed at yet another new high on Monday
At the close, the Composite Index ending with a rose of 0.23 points at 1,159.37 the
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 5 stocks with offers that were lower.
Gains| Clico Investment Fund closed with 18,450 shares valued at $416,416 changing hands 1 cent higher at $22.57, National Flour Mills gained 1 cent, to end at a 52 weeks’ high of $2.22 with 1,600 units changing hands. Prestige Holdings traded 8 units to end with a gain of 5 cents at $10.05, a new 52 weeks’ high. Trinidad and Tobago NGL closed with a gain of 1 cent, at $21.56 as 19,444 shares changed hands for a value of $419,200. Trinidad Cement gained 4 cents, in ending at a 52 weeks’ high of $4.20, with 75,700 units changing hands for $317,940 and Unilever Caribbean ended with 9,630 shares valued at $655,033 trading, to gain of 2 cents, for a new 52 weeks’ high of $68.03.
Declines| National Enterprises ended trading with 7,380 shares to close with a loss of 1 cent at $16.49, a new 52 weeks’ low.
Firm Trades| First Citizens Bank traded 12,214 shares to close at $35, Guardian Holdings with 2,200 shares changing hands closed at $12.91, National Commercial Bank contributed 46,000 shares at a closing price of $1.95,
One Caribbean Media traded 100 shares at $22. Republic Bank closed at $112 with 209 shares changing hands, Sagicor Financial Corporation closed with 2,350 shares changing hands at $6.02, Scotiabank ended with at $62.50 while 79,236 units for a value of $4,952,250 were traded. Scotia Investments closed at $1.59, with only 55 shares changing hands and infrequent trader L.J. Williams $0.10 A added 25,000 shares to close at 25 cents and West Indian Tobacco traded just 5,000 shares carrying a value of $630,745 to close at $126.11.
J$ make gains on Monday
Trading of foreign currencies in Jamaica’s foreign exchange market saw US$7 million more funds flowing into the market than the amount sold on Monday with US$40 million flowing in and US$33 million going out, but the rate for the Jamaican dollar improved against the US. At the close of trading, the equivalent of US$40,009,733 was bought by dealers, compared with US$74,102,619 on Friday, while they sold the equivalent of US$32,908,156 versus US$70,842,428 previously.
In US dollar trading , dealers bought US$36,075,775 compared to US$70,625,695 on Friday. The buying rate for the US dollar fell 51 cents to $119.19 and US$30,594,536 was sold versus US$69,232,581 on Friday, the selling rate declined 8 cents at $119.86.
The Canadian dollar buying rate rose 19 cents to end at $87.45 with dealers buying C$2,703,962 and selling C$1,099,742, at an average rate that gained 18 cents to $88.91. The rate for buying the British Pound fell $2.69 to $177.43 for the purchase of £1,199,910, while £888,548 was sold, with the rate falling $1.42 to $180.87. At the end of trading, it took J$127.97 to purchase the Euro, a fall of 78 cents from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$125.80 for a decline of 54 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$163,874 being bought, while US$157,098 was sold.
Highs & Lows| On Monday, the highest buying rate for the US dollar lost 2 cents to $120.10, the lowest buying and the lowest selling rates each remained at $98.57.
The highest selling rate rose 11 cents to $126.42. The highest buying rate for the Canadian dollar gained 55 cents to end at $90.30, the lowest buying rate fell 25 cents to $71.63, the highest selling rate eased 32 cents to at $92.34 and the lowest selling rate ended lower by 60 cents to $85.40. The highest buying rate for the British Pound, lost 20 cents to end at $181.80. The lowest buying rate closed 16 cents lower at $145.67, the highest selling rate jumped $2.15 to $187.78 and the lowest selling rate dropped $2.50 to end at $173.50.
All price changes negative for juniors – Monday
Caribbean Flavours traded at a 52 weeks’ intraday high high of $6.75.
Only 2 securities ended with no bids to buy and 8 had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and one closed with a lower offer.
In trading, C2W Music traded 217,500 units at 39 cents, Caribbean Cream had 104,200 units changing hands with a fall of 44 cents, to end at $4.51, Caribbean Flavours traded 13,488 units to end at $6.50, Caribbean Producers lost 2 cents in trading 103,362 units to end at $5.50. Consolidated Bakeries fell 9 cents at the close, to end at $1.31 with 63,905 units changing hands, Derrimon Trading ended with 1,924 units changing hands at $3.50, Dolphin Cove ended with 3,381 units trading to close at $15,
General Accident ended with 162,747 shares changing hands and closed with a fall of 4 cents at $1.91. Lasco Distributors closed with 95,900 shares changing hands to end at $4.11 after falling by 9 cents. Lasco Financial dropped 50 cents to $2.80, with a total of 173,292 shares changing hands, Lasco Manufacturing closed with a 9 cents fall to $3.71 with 106,063 shares trading and Medical Disposables ended with 71,000 shares changing hands and lost 15 cents to be at $3.30 and Derrimon Trading 11.75% preference share ended with 1,679,990 units at $2.2 trading.
FX flows jump sharply on Friday
Trading of foreign currencies in Jamaica’s foreign exchange market jumped on Friday with US$74 million flowing in and US$71 million going out, but the rate for the Jamaican dollar slipped against the US. At the close of trading, the equivalent of US$74,102,619 was bought by dealers, compared with US$33,692,403 on Thursday, while they sold the equivalent of US$70,842,428 versus US$37,640,407 previously.
In US dollar trading , dealers bought US$70,625,695 compared to US$30,282,760 on Thursday. The buying rate for the US dollar gained 24 cents to $119.70 and US$69,232,581 was sold versus US$35,351,886 on Thursday, the selling rate rose 2 cents at $119.94.
The Canadian dollar buying rate lost 85 cents to end at $87.26 with dealers buying C$1,171,319 and selling C$513,725, at an average rate that fell 84 cents to $88.73. The rate for buying the British Pound fell 81 cents to $180.12 for the purchase of £1,678,301, while £661,219 was sold, with the rate falling 94 cents to $182.29. At the end of trading, it took J$128.59 to purchase the Euro, rose $1.16 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.34 for a rise of $1.21 from Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$97,601 being bought, while US$224,784 was sold.
Highs & Lows| On Friday, the highest buying rate for the US dollar lost 8 cents to $120.12, the lowest buying, the highest and the lowest 
selling rates remained at $98.57, $126.31 and $98.57 respectively. The highest buying rate for the Canadian dollar declined 50 cents to end at $89.75, the lowest buying rate rose 8 cents at $71.88, the highest selling rate rose 11 cents to $92.66 and the lowest selling rate ended unchanged at $86. The highest buying rate for the British Pound, dropped $2 to end at $182. The lowest buying rate closed 58 cents higher at $145.83, the highest selling rate dropped $1.01 to $185.63 and the lowest selling rate rose $1 to end at $176.
More juniors rise but index dips – Friday
Cargo Handlers at new high of $35.20 on Friday.
Only 2 securities ended with no bids to buy and 9 had no stocks being offered for sale. A total of 3 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, C2W Music traded 16,460 units at 39 cents, Cargo Handlers gained 20 cents and ended at a new 52 weeks’ high of $35.20, with 13,415 units changing hands, Caribbean Cream traded 50,300 units with a rise of 40 cents to $4.95, Caribbean Flavours traded 260,052 units to end at $6.50 after rising 54 cents. Caribbean Producers closed with a gain of 52 cents in trading 175120 units at $5.52, for a new 52 weeks’ closing high, Consolidated Bakeries fell 8 cents at the close, to end at $1.40 with 50,000 units changing hands. Derrimon Trading ended with 10,000 units changing hands at $3.50, Dolphin Cove fell $1.01 with 3,532 units trading, to close at $15, General Accident ended with 165,385 shares changing hands and closed with a gain of 5 cents at $1.90, KLE Group lost 21 cents and ended with 17,292 units trading at 75 cents. Honey Bun with 27,035 shares changing hands and closed at $5.30.
Jamaican Teas had 109,363 shares trading to close at $4.30 after trading after rising by 30 cents, Knutsford Express ended 95 cents higher, at a 52 weeks’ high of $7.50 with 210 shares changing hands, Lasco Distributors closed with 347,004 shares changing hands to end at $4.20 after falling by 10 cents. Lasco Financial rose of 5 cents to $3.30, with a total of 210,557 shares changing hands, Lasco Manufacturing closed with a 5 cents gain at $3.80 with 932,066 shares trading and Medical Disposables ended with 341,000 shares changing hands and lost 40 cents to be at $3.45 and Sweet River Abattoir traded 35,500 units at $3.95
6 TTSE’s stocks rise 4 down on Friday
NCB traded at TT$1.95 on Friday in Trinidad with a gain of 15 cents.
At the close, the Composite Index ending with a rose of 4.67 points at 1,159.14 the All T&T Index rose 0.39 points to 1,953.99 and the Cross Listed Index gained 1.22 points to end at 47.89.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| Guardian Holdings with 10,210 shares changing hands and closed at $12.91, with a gain of 1 cent, JMMB Group traded 16,000 shares with a gain of 5 cents to end at 53 cents. National Commercial Bank lead with 285,000 shares changing hands for a value of $555,923, the price gained 15 cents to end at $1.95, National Flour Mills gained 1 cent, to end at a 52 weeks’ high of $2.21, with 1,400 units changing hands. Sagicor Financial Corporation closed with 101,339 shares valued at $610,061 changing hands, at $6.02 for a rise of 1 cent and Trinidad Cement ended with 1,000 units changing hands at a 52 weeks’ high of $4.16, for a gain of 5 cents.
Declines| Ansa McAL lost 1 cent and ended with 5 units changing hands at $67. Clico Investment Fund closed with 44,115 shares valued at $994,811, changing hands at $22.55 after falling 1 cent, Massy Holdings declined 1 cent to end at a 52 weeks’ low of $61.97 with 2,000 units trading and Scotia Investments closed with a loss of 6 cents at $1.59, with 17,945 shares changing hands.
Firm Trades| First Citizens Bank traded 2,170 shares to close at $35,
Grace Kennedy had 41,400 shares for a value of $800,375 changing hands at $3.60, National Enterprises ended trading with 1,000 shares to close unchanged at $16.50. One Caribbean Media traded 3,000 shares at $22, Prestige Holdings traded 500 units to end at $10, Republic Bank closed at $112 with 100,427 shares changing hands with a value of $11,247,824, Scotiabank ended with at $62.50 while 4,000 units were traded and Trinidad and Tobago NGL closed at $21.51 with 40,827 shares changing hands, for a value of $721,405.
Jamaican $ falls on Thursday
Inflows of foreign currencies into the system on Thursday was US$4 million less than the amount sold. The local dollar lost value against the US dollar, the Pound and the Canadian currency. At the close of trading, the equivalent of US$33,692,403 was bought by dealers, compared with US$34,595,675 on Wednesday, while they sold the equivalent of US$37,640,407 versus US$38,678,449 previously.
In US dollar trading , dealers bought US$30,282,760 compared to US$31,957,560 on Wednesday. The buying rate for the US dollar gained 15 cents to $119.46 and US$35,351,886 was sold versus US$37,155,313 on Wednesday, the selling rate rose 8 cents at $119.92. The Canadian dollar buying rate gained 48 cents to end at $88.11 with dealers buying C$1,498,296 and selling C$1,277,999, at an average rate that fell 40 cents to $89.57.
The rate for buying the British Pound rose $2.14 cents to $180.93 for the purchase of £1,448,552, while £789,789 was sold, with the rate jumping $2.92 to $183.23. At the end of trading, it took J$127.59 to purchase the Euro, a decline of 3 cents from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$125.13 for a rise of 9 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$110,795 being bought, while US$127,223 was sold.
Highs & Lows| On Thursday, the highest buying rate for the US dollar rose 8 cents to $120.20, the lowest buying and the highest selling rates remained at $98.57 and $126.31, 
respectively and the lowest selling rate dropped $1.94 to $98.57. The highest buying rate for the Canadian dollar gained 65 cents to end at $90.25, the lowest buying rate remained at $71.80, the highest selling rate was unchanged at $92.55 and the lowest selling rate rose 50 cents to end at $86. The highest buying rate for the British Pound, climbed $1.70 to end at $184. The lowest buying rate was unmoved at $145.25, the highest selling rate gained $1.74 to $186.64 and the lowest selling rate fell $1 to end at $175.
Juniors lost ground on Thursday
AMG Packaging closed at a new high of $6.50 on Thursday.
Only 2 securities ended with no bids to buy and 7 had no stocks being offered for sale. A total of 8 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
In trading, AMG Packaging jumped to a 52 weeks’ high of $6.50 with 41,067 shares trading with a gain of 90 cents, Blue Power traded 295 units at $13.50, for a rise of 40 cents, C2W Music traded 74,958 units at 39 cents. Caribbean Cream traded 280,225 units but fell by 45 cents to $4.55, Caribbean Flavours traded 8,796 units to end at for a new 52 weeks’ high of $6.60 after rising 54 cents, Caribbean Producers closed with a gain of 15 cents in trading 327,271 units at $5, for a new 52 weeks’ closing high. Consolidated Bakeries fell 6 cents at the close, to end at $1.48 with 6,186 units changing hands.
Derrimon Trading ended with 47,482 units changing hands at $3.50, Dolphin Cove traded 13,336 units at $16.01, General Accident ended with 80,000 shares changing hands and closed at $1.90, KLE Group lost 21 cents and ended with 148,000 units trading at 75 cents, Lasco Distributors closed with 210,250 shares changing hands to end at $4.30 after rising by 15 cents. Lasco Financial ended with a loss of 25 cents to $3.25, with a total of 354,542 shares changing hands, Lasco Manufacturing closed at $3.76 with 156,500 shares trading and Paramount Trading ended with 12,000 shares changing hands and lost 40 cents to be at $8.60.
