Trading on the Trinidad Stock Exchange ended with 11 securities changing hands, 2 advanced, 3 declined and 6 traded firm with a total of 195,810 units, valued at $1,518,628.
At the close of the market, the Composite Index declined by 0.12 points to close at 1,160.25, the All T&T Index fell 0.44 points to close at 1,970.94 and the Cross Listed Index increased by a mere 0.02 points to end at 45.86.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 7,313 shares with a value of $261,826, ended 1 cent higher at $35.81 and Grace Kennedy traded 139,792 shares changing hands for a value of $497,660 and gained 3 cents to close at $3.56.
Declines| Clico Investment Fund closed at $22.50 after slipping 5 cents with 3,680 shares trading, Guardian Holdings trade 4,000 units but lost 1 cent in closing at $14.19 and Trinidad Cement suffered a loss of 5 cents to close at $2.75 while trading 29,833 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s with 160 shares trading and closing at $17.25, Ansa Merchant Bank with 4,150 shares trading valued at $161,486, closed at $38.91, JMMB Group with 1,000 shares changing hands, closed unchanged at 55 cents. Massy Holdings ended at $64, while trading 5,771 shares valued at $369,344, National Enterprises traded 96 units to close at $17.30 and Republic Bank contributing just 15 shares remained at $115.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 1 with the offer that is lower.
2 stocks gained 3 fell on TTSE
J$ stable vs US Monday
On Monday, the Jamaican dollar held firm against the US dollar, gained on the British pound and the Canadian dollar, as purchases of all currencies by dealers amounted to the equivalent of US$81,922,835 compared with US$29,862,314, on Friday and selling of the equivalent of US$75,530,417 versus sale of US$29,000,152, previously.
In US dollar trading, dealers bought US$79,149,402 compared to US$26,604,631 on Friday. The buying rate for the US dollar rose 25 cents to $115.82 and US$73,608,891 was sold versus US$27,054,347 on Friday, the selling rate was unchanged at $116.10. The Canadian dollar buying rate slipped $1.43 to $93.17 with dealers buying C$979,814 and selling C$901,592, at an average rate that declined 15 cents to $96.46. The rate for buying the British Pound fell $1.67 to $178.86 for the purchase of £1,199,567, while £653,972, was sold, at an average rate that slipped 35 cents to $182.20. At the end of trading it took J$132.83 to purchase the Euro, 78 cents more than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.25 for an increase of 81 cents on Friday’s rate. Other currencies bought, amounted to the equivalent of US$132,792, while the equivalent of US$146,183, was sold.
Highs & Lows| The highest buying rate for the US dollar, declined 34 cents to $116.16. The lowest buying rate declined $2.47 to $92.30, the highest selling rate rose 27 cents to $121.71, while the lowest selling rate rose 21 cents to $94.98. The highest buying rate for the Canadian dollar fell $1.20 to $96.30. The lowest buying rate was down 58 cents to $76.40, the highest selling rate remained at $99.24 and the lowest selling rate fell 70 cents to $92.05. The highest buying rate for the British Pound, declined 75 cents to $182.50, the lowest buying rate gained 20 cents to $146.70, the highest selling rate climbed $3.58 to $189.12 with the lowest selling rate remaining at $174.30.
15 stocks trade 3 advance on TTSE
At the close of the market, the Composite Index rose 0.75 points to close at 1,160.37, the All T&T Index rose by just 0.52 points to close at 1,971.3 and the Cross Listed Index increased by a mere 0.13 points to end at 45.84.
Gains| Stocks increasing in price at the close are, National Flour traded 9,352 shares to close with a gain of 3 cents to close at a 52 weeks’ high of $1.73. Point Lisas Port Development gained 8 cents to end at $3.77 with just 198 units changing hands, and West Indian Tobacco trading with 2,799 share with a value of $350,575 changing hands, added 3 cents to the price in closing at $125.25.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA Mcal with 4,018 shares trading valued at $269,286, ended at $67.02, Clico Investment Fund closed at $22.55 with 43,210 shares trading valued at $974,414. Firstcaribbean International Bank contributing 6,563 shares, the price closed unchanged at $5.03, First Citizens Bank trading 2,121 shares to close at $35.80, Grace Kennedy traded 950 shares at $3.53. JMMB Group with 356,375 shares changing hands for a value of $196,006, closed unchanged at 55 cents, Massy Holdings ended at $64, while trading 1,758 shares, National Commercial Bank added 10,587 shares to end at $1.65. National Enterprises traded 3,439 units to close at $17.30 followed by Republic Bank, contributing 11,120 shares with a value of $1,278,800, but remained at $115, while Sagicor Financial Corporation with 48,873 shares being traded for $293,235 ended at $6 and Unilever Caribbean with 495 shares trading, closed at $66.14.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 2 stocks with the bids higher than their last selling prices and 2 stocks with offers that were lower.
J$ slips against US & Pound Friday
On Friday, the Jamaican dollar slipped against the US dollar and British pound and gained against the Canadian dollar, as purchases of all currencies by dealers amounted to the equivalent of US$29,862,314 compared with US$32,964,911, on Thursday and selling of the equivalent of US$29,000,152 versus sale of US$27,642,328, previously.
In US dollar trading, dealers bought US$26,604,631 compared to US$28,792,177 on Thursday. The buying rate for the US dollar rose 10 cents to $115.57 and US$27,054,347 was sold versus US$26,502,659 on Thursday, the selling rate was up 7 cents to $116.10. The Canadian dollar buying rate slipped 9 cents to $94.60 with dealers buying C$1,106,157 and selling C$550,926, at an average rate that declined 67 cents to $96.61. The rate for buying the British Pound jumped $2.45 to $180.53 for the purchase of £1,449,736, while £860,481, was sold, at an average rate that rose 67 cents to $182.55. At the end of trading it took J$132.05 to purchase the Euro, 39 cents more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.43 for an increase of 37 cents on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$87,807, while the equivalent of US$134,455, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 19 cents to $116.50. The lowest buying, the highest and the lowest selling rates were unchanged at $94.77, $121.44 and $94.77 respectively. The highest buying rate for the Canadian dollar rose 55 cents to $97.50. The lowest buying rate was up 20 cents to $76.98, the highest selling rate rose just 12 cents to $99.24 and the lowest selling rate gained $1.75 to $92.75. The highest buying rate for the British Pound, rose 60 cents to $183.25, the lowest buying rate gained 42 cents to $146.50, the highest selling rate fell 94 cents to $185.54 with the lowest selling rate rising 74 cents to $174.30.
6 stocks eke out gains on TTSE
Trading on the Trinidad Stock Exchange ended with 11 securities changing hands, 6 advanced, none declined and 5 traded firm, with a total of 223,324 units, valued at $8,904,407.
At the close of the market, the Composite Index advanced by 0.34 points to close at 1,154.79, the All T&T Index fell by just 0.11 points to close at 1,968.43 and the Cross Listed Index increased by 0.11 points to end at 44.74.
Gains| Stocks increasing in price at the close are, Firstcaribbean International Bank ended trading with 937 shares but added 2 cents to close at $5.03, First Citizens Bank traded 2,165 shares to close 5 cents higher at $35.85, Grace Kennedy contributed 18,691 shares, to end with a gain of 3 cents at $3.5. Guardian Holdings with 37,409 shares traded for a value of $531,322, gained 5 cents to end the day at $14.25, Massy Holdings had 76,650 shares changing hands for a value of $4,871,107 to end 6 cents higher at $63.55 and Unilever traded 3,314 shares and gained 2 cents in closing at a new 52 weeks’ high of $66.11.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with 6,099 units at $13.90, Clico Investment Fund ended with 60,533 shares trading, valued at $1,368,305 but remained at $22.60. One Caribbean Media ended with just 60 shares changing hands at $22.30, Republic Bank added 14,539 shares valued at $1,671,985 to close at $115 and Trinidad Cement ended up with 2,927 units at $2.80.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 1 with a lower offer.
J$ declines on Wednesday
On Wednesday, the Jamaican dollar slipped slightly against the US dollar and aggressively against the British pound and Canadian dollar, as purchases of all currencies by dealers amounted to the equivalent of US$29,494,214 compared with US$37,319,246, on Tuesday and selling of the equivalent of US$33,928,300 versus sale of US$36,844,761, previously.
In US dollar trading, dealers bought US$27,139,403 compared to US$32,364,099 on Tuesday. The buying rate for the US dollar fell 4 cents to $115.42 and US31,570,143 was sold versus US$33,685,585 on Tuesday, the selling rate was up 5 cents to $115.97. The Canadian dollar buying rate declined 93 cents to $94.27 with dealers buying C$711,704 and selling C$646,108, at an average rate that rose $1.06 to $96.91. The rate for buying the British Pound increased $1.27 to $179.03 for the purchase of £1,032,769, while £754,408, was sold, at an average rate that rose $98 cents to $181.13. At the end of trading it took J$130.37 to purchase the Euro, $1.17 more than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.91 for an increase of $1.19 on Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$171,509, while the equivalent of US$639,991, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 13 cents to $116.25. The lowest buying rate added $4.27 to $94.77 and highest selling rate increased $4.46 to $125.90, while the lowest selling rate jumped $18.69 to $113.30. The highest buying rate for the Canadian dollar rose 40 cents to $97.05. The lowest buying rate was up 50 cents to $76.36, the highest selling rate rose 93 cents $99.07 and the lowest selling rate climbed 30 cents to $92. The highest buying rate for the British Pound, climbed 60 cents to $182.60, the lowest buying rate gained $4.65 to $145.75, the highest selling rate rose $2.50 to $187.89 with the lowest selling rate rising 50 cents to $174.