Wednesday’s activity on day on the Jamaica Stock Exchange, resulted in the prices of 4 stocks rising and 3 declining as 16 securities changed hands, culminating in 5,387,514 units trading, valued at $30,063,697, in all market segments
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Main Market| The JSE Market Index gained 417.93 points to 72,553.06 and the JSE All Jamaican Composite index climbed 467.31 points to close at 79,835.70.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Jamaica Broilers inched up a cent with 2,000 shares to $4.01, National Commercial Bank with 60,658 shares trading, put on 20 cents to $18 and Scotia Investments with only 1,050 shares changing hands, gained of 25 cents to $22.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints with 257,920 units closed at $1.60, Carreras had 16,420 share being traded to close at $34.65, Gleaner enjoyed pick up in trading with 1,094,096 shares at $1.05, Jamaica Money Market Brokers with 4,041 ordinary shares closed at $7, Sagicor Group had 19,615 shares changing hands at $9.55 and Scotia Group put through 1,280,705 shares to close at $19.05.
Declines| Cable & Wireless with 1,872,639 shares is the only stock to end with a decline, down a cent at 28 cents.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 781 units at $2 and the 8.75% preference share traded 9,859 units with a cent off at $2.99.
Stocks gaining edge out decliners on JSE
Six all in Wednesday’s TTSE trading
Trading on the Trinidad Stock Exchange resulted in 14 securities changing hands of which 6 advanced, 6 declined and 2 traded firm. On Tuesday only 1 stock rose to 6 declining ones. Overall market activity led to dealing in 495,472 units, valued at $8,933,884.
At the close of the market, the Composite Index lost 0.25 rose points to close at 1,141.71, the All T&T Index fell by 0.18 points to close at 1,969.54 and the Cross Listed Index declined 0.05 points to end at 41.09.
Gains| Stocks increasing in price at the close are, Ansa Merchant Bank closed at $39.40 by gaining a cent with 1,000 shares changing hands, to close at a new 52 weeks’ high, Berger Paints traded 100 shares to close with a gain of 4 cents to end at $3.65, for a new 52 weeks’ high, First Citizens Bank gained 4 cents to end the day at $36.65, Massy Holdings closed with 23,286 units trading at $68.60 for a value of $1,596,488, in gaining 8 cents, Sagicor Financial Corporation had 1,000 shares being active to close at $6.25, an increase of 5 cents and Trinidad Cement with 36,385 shares traded for $67,676 put on a cent to end at $1.85.
Declines| The stocks declining at the end of trading are, Angostura Holdings added 29,087 shares valued at $363,661 shedding just 5 cents to $12.50. Guardian Media closed at $19.75 after dropping a cent with 200 shares traded, National Flour Mills with 41,386 shares changing hands for a value of $48,835 lost 2 cents and ended at $1.18, National Enterprises lost 2 cents in trading 1,000 units at $17.60, Point Lisas Industrial Port Development Corporation traded 3,000 shares at $4 while losing a cent, Scotia Investments contributed 32,958 shares with a value of $47,789 and lost 5 cents to close at $1.45
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 294,074 shares valued at $6,484,332 remained at $22.05 and National Commercial Bank with 26,000 units closed at $1.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 1 stock with the bid higher than the last selling price and 3 stocks with offers that were lower.
Moderate price changes on JSE stocks
Tuesday’s activity on day on the Jamaica Stock Exchange, resulted in the prices of 3 stocks rising and 4 declining as 22 securities changed hands, culminating in 755,690 units trading, valued at just $5,210,508, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than their last selling prices and 8 stocks with offers that were lower.
Main Market| The JSE Market Index lost 76.73 points to 72,135.13 and the JSE All Jamaican Composite index fell 85.80 points to close at 79,368.39.
Gains| Stocks gaining and last traded prices, at the end of trading in the main market are, Caribbean Cement with 500 shares, closed at a cent higher at $2.12, Mayberry Investments traded 16,900 units, to gain 5 cents to $1.55 and Scotia Group with only 168 units ended with a cent gain at $19.05.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless with 10,000 units to close at 29 cents, Carreras closed at $34.65 with 5,210 shares trading, Desnoes & Geddes with 650 shares closed at $4.79, Grace Kennedy with 2,685 shares ended at $59, Jamaica Broilers 13,226 units traded at $4, Kingston Properties closed at $3.85 with 10,000 shares, Kingston Wharves had only 230 shares changing hands to end at $6.50, National Commercial Bank 52,881 shares, closed at $17.80, Sagicor Group with 10,170 shares closed at $9.55, Sagicor Real Estate Fund traded 8,900 shares at $7 and Supreme Ventures closed at $1.80 with 18,077 shares changing hands.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Jamaica Money Market Brokers with 5,730 ordinary shares, lost a cent to end at $7 and Proven Investments traded 108,000 units at 0.50 cent less to 17 US cents.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 194,415 units at $3 and lost 2 cents and Proven Investments 8% preference share traded 144,893 units at $5.
JSE dips but more stocks rose than fell
Monday’s activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising and 6 declining as 22 securities changed hands, culminating in 1,554,769 units trading, valued at only $5,881,456, in all market segments.
Main Market| The JSE Market Index fell 463.89 points to 72,211.86 and the JSE All Jamaican Composite index declined 518.69 points to close at 79,454.19.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 6 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes with 15,000 shares trading, closed 9 cents higher at $4.79, Grace Kennedy had only 500 shares changing hands and closed 50 cents higher to $59, National Commercial Bank had 100,468 shares trading with a gain of 10 cents at $17.80, Sagicor Group with 43,824 shares changing hands, 3 cents higher at $9.55 and Sagicor Real Estate Fund had 4,155 shares traded with a gain of 40 cents to $7.
Firm| The stocks in the main market to close without a change in the last traded prices are, Ciboney with 334,000 shares at 7 cents, Jamaica Broilers with 25,897 units closed at $4, Jamaica Money Market Brokers 47,314 ordinary share closed at $7.01, Jamaica Producers had 26,228 units trading at $15.50, Pan Jamaican Investment with 2,500 shares ended at $49, Seprod put through 5,955 units to close at $10.90 and Sterling Investments, a the stock exchange latest listing had 10,075 units trading at $134.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Berger Paints had 21,140 trading at $1.60, down 6 cents, Cable & Wireless with 429,210 shares, lost a cent at 29 cents, Caribbean Cement with 80,648 shares fell 25 cents to $2.11 and Scotia Group traded 3,000 shares with the loss of 96 cents to end at $19.04.
Clico pulls $11m into the market
In Tuesday’s trading on the Trinidad Stock Exchange 12 securities changed hands of which 3 advanced, 2 declined and 7 traded firm, resulting in total activity of 776,708 units, valued at $11,847,317.
At the close of the market, the Composite Index rose by 0.17 points to close at 1,142.28, the All T&T Index gained 0.34 points to close at 1,970.36 and the Cross Listed Index remained unchanged at 41.14.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with 500,000 shares valued at $11,050,000 and advanced by 9 cents to end at $22.10, First Citizens Bank with 9,256 shares traded for $338,598, close with a 8 cents gain at $36.61 and Massy Holdings put on 9 cents while trading a mere 706 units, to close at $68.60.
Declines| The stocks declining at the end of trading are, Angostura Holdings with 1,500 units, the price shed 2 cents to close at $12.62 and Trinidad Cement lost 2 cents while trading only 7,980 units at $1.90.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Mcal with just 5 units, traded at $66.16, Grace Kennedy traded 532 units at $3.76, National Commercial Bank with 251,742 shares changing hands, valued at $251,742, ended at $1, Sagicor Financial Corporation traded 398 shares at $6.20, Scotiabank with 2,123 shares closed at $59.48, while Scotia Investments added 3,666 shares at $1.50 and L.J. Williams $0.10 A contributed 6,000 shares at 26 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.
BNS & NCB in grand US$ sell off on Friday
Authorized Dealers sold much more foreign currency that they bought on Friday. Bank of Nova Scotia (BNS) and National Commercial Bank (NCB) were big net sellers of the US dollar, the second consecutive day of a big net sell off by dealers. BNS was the largest net seller, with US$4.58 million bought to US$15.26 million sold, followed by NCB buying US$4.13 million and selling US$12.6 million. On Thursday BNS bought US$7.33 million and sold US$14.23 million while National Commercial Bank, was buying US$2.67 million and selling US$5.54 million.
The Jamaican dollar slipped slightly against the US dollar, but appreciated against the Pound and the Canadian dollar, in Friday’s forex trading. Authorized dealers purchased the equivalent of US$49,065,272 versus US$27,673,332 on Thursday. The equivalent of US$60,366,852 was sold, compared with US$42,183,198 on Thursday.
In US dollar trading, dealers bought US$43,058,325 compared to US$25,657,012 on Thursday. The buying rate for the US dollar was up 6 cents to $112.29 and US$56,237,305 was sold versus US$40,190,794 on Thursday, the selling rate rose 3 cents to $112.65. The Canadian dollar buying rate, climbed 53 cents to $99.51 with dealers buying C$2,347,380 and selling C$2,099,384 at an average selling rate that declined 63 cents, to $100.49. The rate for buying the British Pound is up by 82 cents to $179.22, for the purchase of £1,814,232, while £918,229 was sold, at $180.70, down 73 cents. Other currencies bought, amounted to the equivalent of US$1,031,148, while selling was for the equivalent of US$783,955.
Highs & Lows| The highest buying rate for the US dollar, closed 10 cents lower, at $112.75, the lowest buying and the highest selling rates, were unchanged at $91.85 and $117.70 respectively, the lowest selling rate dropped $2.18 to $91.85. The highest buying rate for the Canadian dollar remained at $101, the lowest buying rate rose 83 cents to $80.26, the highest selling rate fell 46 cents to $103.54. The lowest selling rate closed down 10 cents to $96.20. The highest buying rate for the British Pound, increased by 55 cents to $182, the lowest buying rate was unchanged at $144.96. The highest selling rate, dropped $1.23 to $185.65 and the lowest selling rate rose $1.15 to $175.80.
Scotia Group & Kingston Wharves push index
Friday’s activity on the Jamaica Stock Exchange, resulted in the prices of 9 stocks rising and 4 declining as 18 securities changed hands, culminating in 20,710,115 units trading, valued at $66,213,940, in all market segments. Cable & Wireless traded just over 10 Million units, Desnoes & Geddes 2 million and Kingston Wharves 3 million units.
Main Market| The JSE Market Index gained 1,023.10 points to 72,675.75 and the JSE All Jamaican Composite index rose 1,144.00 points to close at 79,972.88.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 5 stocks with bids higher than their last selling prices and 9 stocks with offers that were lower. Although the signal is weak most of the weakness is in the junior market.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless with 10,149,579 shares to close a cent higher, at 30 cents, Carreras had only 262 units being active, but gained 15 cents to $34.65, Jamaica Broilers returned to trade at $4 by putting on 15 cents in trading 45,621 shares, Kingston Wharves enjoyed a buoyant day with 3,190,455 shares, the price gained $1, to land at $6.50, Proven Investments traded 63,730 ordinary shares at 0.5 cent up to close at 17.5 US cents, Radio Jamaica gained 11 cents with 3,965 units, to end at $1.15, Sagicor Group had 9,880 units changing hands, as the price rose 2 cents to $9.50, Scotia Group had a good volume of 1,254,000 shares, the price climbed 50 cents to $20 and Scotia Investments had 38,228 units changing hands, to rise 4 cents to $21.75.
Firm| The stocks in the main market to close without a change in the last traded prices are, Desnoes & Geddes in closing trading with 2,073,524 shares at $4.70, followed by Jamaica Money Market Brokers with only 1,100 ordinary shares at $7.01 and Supreme Ventures with 39,000 shares at $1.80.
Declines| Gleaner with 1,400 shares lost 1 cent in closing at $1.05 and Grace Kennedy with 10,566 shares, lost 50 cents at $58.50, were the only two stocks with losses at the end of trading in the main market.
Most banks offload US dollars on Thursday
Seven of the ten Authorized Dealers were net sellers of US dollars on Thursday. Bank of Nova Scotia was the largest net seller, with US$7.33 million bought, to US$14.23 million sold, followed by National Commercial Bank, buying US$2.67 million and selling US$5.54 million.
The Jamaican dollar was steady against the US dollar, but declined against the Pound and the Canadian dollar, in Thursday’s forex trading. Selling of foreign currency to the public, was more than dealers purchased. Authorized dealers purchased the equivalent of US$27,673,332 versus US$33,495,564 on Wednesday. The equivalent of US$42,183,198 was sold, compared with US$34,385,274 on Wednesday. 
In US dollar trading, dealers bought US$25,657,012 compared to US$27,894,689 on Wednesday. The buying rate for the US dollar was up 4 cents to $112.23 and US$40,190,794 was sold versus US$30,711,153 on Wednesday, the selling rate remained at $112.62. The Canadian dollar buying rate, declined 58 cents to $98.98 with dealers buying C$920,445 and selling C$556,969 at an average selling rate that climbed 70 cents, to $101.12. The rate for buying the British Pound fell 95 cents to $178.40, for the purchase of £678,302, while £638,797 was sold, at $181.43, up by 72 cents. Other currencies bought, amounted to the equivalent of US$126,298, while selling was for the equivalent of US$463,163.
Highs & Lows| The highest buying rate for the US dollar, closed 10 cents higher, at $112.85, the lowest buying and the highest selling rates, were unchanged at $91.85 and $117.70 respectively, the lowest selling rate dropped $16.47 to $94.03. 
The highest buying rate for the Canadian dollar climbed 50 cents to $101, the lowest buying rate was unchanged at $79.43, the highest selling rate rose $1.28 to $104. The lowest selling rate closed down 70 cents to $96.30. The highest buying rate for the British Pound, increased by 70 cents to $181.45, the lowest buying rate was up 95 cents, to $144.96. The highest selling rate, jumped $2.01 to $186.88 and the lowest selling rate declined $1.15 to $174.65.
TTSE stocks trading climb
There was increased number of securities being active on the Trinidad Stock Exchange on Thursday, with 16 companies’ stocks changing hands, compared with only 11 on Wednesday. There were 3 advancing stocks, 4 declining and 9 traded firm, with 244,156 units valued at $1,321,117 trading.
At the close of the market, the Composite Index lost 0.37 points to close at 1,142.91, the All T&T Index fell by 0.48 points to close at 1,971.54 and the Cross Listed Index declined 0.03 points to end at 41.15.
Gains| Stocks increasing in price at the close are, Guardian Holdings with 50,000 shares traded for $674,842, closing at $13.50, up a cent, Point Lisas Industrial Port traded just 291 units at a cent higher, to $4.01 and West Indian Tobacco gained 5 cents to end the day at $118., while trading 300 shares.
Declines| The stocks declining at the end of trading are, Angostura Holdings with a loss of 11 cents, to close at $12., after trading 1,923 units, First Citizens Bank with 772 shares ended at $36.51 after losing 1 cent, National Flour Mills lost 4 cents, while trading 1,000 shares to end at $1.25 and Sagicor Financial Corporation 650 shares traded for 4 cents less at $6.21.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, Clico Investment Fund with 6,845 shares valued at $150,590 to end at $22, Firstcaribbean International Bank with 775 units at $5, Flavorite Foods 1,000 units at $5.70, Grace Kennedy 4,442 at $3.76, Jamaica Money Market Brokers 924 shares at 45 cents, Massy Holdings put through 2,734 shares at $68.51, National Commercial Bank with 151,000 shares changing hands for a value of $151,000, closed at $1, Prestige Holdings 500 shares at $9.55 and Scotia Investments contributed 21,000 shares with a value of $31,500 and ended at $1.50.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bids higher than their last selling prices and 3 stocks with offers that were lower.
Only 11 stocks trade in main market
Wednesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 5 stocks rising and 4 declining as only 16 securities changed hands, culminating in 1,486,276 units trading, valued at $20,922,562, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 5 stocks with bids higher than their last selling prices and 9 stocks with offers that were lower. The junior market had 6 stocks with offers, lower than the last sale price.
Main Market| The JSE Market Index declined 211.97 points to 71,098.07 and the JSE All Jamaican Composite index fell 237.01 points to close at 78,208.76.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras with 11,270 shares changing hands, 15 cents higher at $34.65, Hardware & Lumber 1,102 units traded with a gain of 40 cents to $6.50, Jamaica Money Market Brokers with 200 ordinary shares trading, 1 cents higher at $7.01 and Proven Investments with 939,000 shares traded with a gain of 1US cent to 18 US cents.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless with 96,506 shares changing hands, at 30 cents, Sagicor Group with only 500 shares being active, closed at $9.51, Sagicor Real Estate Fund 20,000 units traded and closed at.$6.60 and Scotia Group with 20,959 shares at $19.02.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes with 250,000 shares, lost 7 cents to end at $4.70, Grace Kennedy traded 2,398 units and lost $1.45 to end at $56.55 and National Commercial Bank traded 10,098 shares while losing 15 cents in closing at $17.70.