Trading in the foreign exchange market resulted in the Jamaican dollar losing value on Tuesday as inflows were much lower than outflows by US$14 million, effectively wiping out the Monday’s surplus. The market closed with dealers buying the equivalent of US$34,059,616 and selling US$47,980,165, in contrast to US$59,647,969 purchased and US$44,608,557 sold on Monday.
In US dollars trading, dealers bought US$31,025,556 compared to US$55,109,704 on Monday, as the buying rate for the US dollar rose 1 cent to end at $121.36. A total of US$46,508,983 was sold versus US$42,655,499 on Monday, the selling rate rose 7 cents to $122.03. 
The Canadian dollar buying rate dipped 61 cents to end at $89.54 with dealers buying C$1,107,114 and selling C$770,035, at an average rate that rose 34 cents to $92.78. The rate for buying the British Pound fell 57 cents at $169.88 for the purchase of £1,204,645, while £445,155 was sold, as the rate rose 52 cents to $172.46. At the end of trading, the selling rate for Euro, rose 35 cents to close at J$138.81, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$136.04 for a rise of 44 cents on Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$530,969 being bought, while US$256,601 was sold.
strong>Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Tuesday are, a rise of $4.19 in the lowest buying rate of the US dollar to $103.97, a fall of $1.19 in the highest selling rate to $127.87 and jump of $18.22 in the lowest selling rate of $118. The lowest buying rate of the Canadian dollar rose by $4 to $78.04. The lowest buying rate for the British Pound jumped by $6.68 to $145.12 and the highest selling rate falling $2.67 to end at $177.47.
Jamaican$ loses value – Tuesday
Rise in TTSE index – Tuesday
Ansa Merchant Bank traded at a new high on TTSE
At the end of trading, the Composite Index gained 0.74 points to close at 1,133.90, the All T&T Index rose 1.55 points to close at 1,814.08 and the Cross Listed Index eased by 0.01 at 60.26.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with the bid higher than the last selling price and 10 with offers that were lower.
Gains| Ansa Merchant Bank traded 50,000 units valued at $1,975,000 to close with a gain of 55 cents at close at a 52 weeks’ high of $39.50, while Trinidad and Tobago NGL closed with a gain of 30 cents at $20.50 as 41,789 units traded valued at $855,405.
Losses| Clico Investment Fund fell 4 cents and ended at $22.51 with 40,238 shares valued at $906,445 changing hands, First Citizens had 81,751 shares carrying a value of $2,777,971
changing hands with the price declining by 1 cent to end at a 52 weeks’ low of $33.98.Firm Trades| ANSA McAL contributed 125,000 shares valued at $7,875,000 in closing at $63, FirstCaribbean International Bank traded 14,000 shares to close at $6.50, Grace Kennedy traded with 100 shares changing hands at $5.15, National Commercial Bank traded 96,268 shares at $2.40. Sagicor Financial closed at $7.01 with 29,817 units changing hands and Trinidad Cement traded 9,500 shares to close at $3.50.
Big FX intake boost Jamaican$ – Monday
Trading in the foreign exchange market resulted in the Jamaican dollar gaining in value on Monday as inflows were much higher than outflows by US$15 million, more than making up for the short fall on Friday. The market closed with dealers buying the equivalent of US$59,647,969 and selling US$44,608,557, in contrast to US$34,669,827 purchased and US$46,733,831 sold on Friday.
In US dollars trading, dealers bought US$55,109,704 compared to US$31,347,006 on Friday, as the buying rate for the US dollar rose 1 cent to end at $121.35.
A total of US$42,655,499 was sold versus US$45,254,299 on Friday, the selling rate fell by 8 cents to $121.96. The Canadian dollar buying rate rose by 24 cents to end at $90.15 with dealers buying C$1,930,677 and selling C$980,684, at an average rate that dipped by 23 cents to $92.44. The rate for buying the British Pound remained unchanged at $170.45 for the purchase of £1,966,758, while £629,504 was sold, as the rate declined by 96 cents to $171.94. At the end of trading, the selling rate for Euro, dropped 61 cents to close at J$138.46, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.60 for a decline of 62 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$341,484 being bought, while US$322,274 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Monday are, a big fall of $18.22 in the lowest selling rate of the US dollar to $99.78, the lowest buying rate of the Canadian dollar rose by $1.04 to $74.04. The highest buying rate for the British Pound dropped by $3 to $173.80, the lowest buying rate lost $1.83 to $138.44 and the highest selling rate climbed by $1.88 to end at $180.14.
Jamaican$ held vs US$ – Friday
Trading in the foreign exchange market resulted in the Jamaican dollar having a mixed day on Friday with the selling price remaining unchanged against the US dollar, lost value versus the Canadian dollar and making gains on the Pound. The market closed with dealers buying the equivalent of US$34,669,827 and selling US$46,733,831, in contrast to US$44,568,292 purchased and US$55,585,981 sold on Thursday.
In US dollars trading, dealers bought US$31,347,006 compared to US$40,678,858 on Thursday, as the buying rate for the US dollar fell 2 cents to end at $121.34. A total of US$45,254,299 was sold versus US$53,786,605 on Thursday, the selling rate remained steady at $122.04. 
The Canadian dollar buying rate fell 50 cents to end at $89.91 with dealers buying C$1,028,577 and selling C$697,200, at an average rate that was up by 15 cents to $92.67. The rate for buying the British Pound dropped $1.55 to $170.45 for the purchase of £1,210,457, while £514,437 was sold, as the rate declined by 56 cents to $172.90. At the end of trading, the selling rate for Euro, jumped 57 cents to close at J$139.07, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$136.22 for a rise of 55 cents from Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$860,361 being bought, while US$221,326 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Friday are, a big rise of $16.25 in the lowest selling rate of the US dollar to $118, with the lowest buying rate of the Canadian dollar falling by $1.49 to $73 and the highest selling rate for the British Pound dropping by $4.48 to $178.27.
Jamaican$ steadies vs US$ – Wednesday
Trading in the foreign exchange market resulted in the Jamaican dollar remaining steady against the US dollar but declining versus the Pound and Canadian dollar on Wednesday. The market closed with dealers buying the equivalent of US$46,701,824 and selling US$57,584,794, in contrast to US$64,271,438 purchased and US$51,490,582 sold on Tuesday.
In US dollars trading, dealers bought US$42,342,647 compared to US$59,240,425 on Tuesday, as the buying rate for the US dollar rose 5 cents to end at $121.30. A total of US$54,952,951 was sold versus US$49,386,062 on Tuesday, the selling rate remained at $121.97. 
The Canadian dollar buying rate rose 79 cents to end at $89.63 with dealers buying C$1,653,054 and selling C$1,141,964, at an average rate that was up by 56 cents to $91.89. The rate for buying the British Pound climbed by $1.13 to $171.25 for the purchase of £2,023,111, while £1,085,844 was sold, as the rate rose $1.33 to $172.67. At the end of trading, the selling rate for Euro, rose 20 cents to close at J$136.43, from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.59 for a rise of 18 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$281,738 being bought, while US$234,268 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Wednesday are, a big jump of $18.72 in the lowest selling rate of the US dollar to $118.50, a rise of $1.25 in the lowest buying rate for the British Pound to $139.03, a rise of $1.25 in the highest selling rate to end at $180.90 and a big jump of $20.75 in the lowest selling rate to end at $167.50.
Jamaican$ gains on US$ – Tuesday
Trading in the foreign exchange market resulted in the Jamaican dollar making gains against the US dollar but declining versus the Pound and Canadian dollar on Tuesday. The market closed with dealers buying the equivalent of US$64,271,438 and selling US$51,490,582, in contrast to US$35,981,243 purchased and US$43,831,621 sold on Thursday.
In US dollars trading, dealers bought US$59,240,425 compared to US$33,415,921 on Thursday, as the buying rate for the US dollar fell 8 cents to end at $121.25. A total of US$49,386,062 was sold versus US$42,481,290 on Thursday, the selling rate dipped 6 cents to end at $121.97. 
The Canadian dollar buying rate rose 27 cents to end at $88.84 with dealers buying C$2,153,879 and selling C$1,058,914, at an average rate that was up by 53 cents to $91.33. The rate for buying the British Pound climbed by $2.21 to $170.12 for the purchase of £2,075,842, while £552,137 was sold, as the rate rose 87 cents to $171.34. At the end of trading, the selling rate for Euro, fell 12 cents to close at J$136.23, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.41 for a fall of 12 cents from Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$540,471 being bought, while US$535,998 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Tuesday are, a fall of $2.37 in the lowest selling rate of the US dollar to $99.78, the highest buying rate of the Canadian dollar rose by $2.25 to $94.50 while the lowest selling rate rose $3.80 to $87. There was a rise of $2.10 in the highest buying rate for the British Pound to $174.90 and a big drop of $17.75 in the lowest selling rate to end at $146.75.
Jamaican$ mostly falls on Thursday
Trading resulted in the Jamaican dollar mostly falling in value on Thursday as the market ended with dealers buying the equivalent of US$35,981,243 and selling US$43,831,621, in contrast to US$40,064,336 purchased and US$40,071,060 sold on Wednesday.
In US dollars trading, dealers bought US$33,415,921 compared to US$36,342,749 on Wednesday, as the buying rate for the US dollar rose 1 cent to end at $121.33. A total of US$42,481,290 was sold versus US$39,008,262 on Wednesday, the selling rate rose 2 cents to end at $122.03.
The Canadian dollar buying rate fell 77 cents to end at $88.57 with dealers buying C$1,219,151 and selling C$540,138, at an average rate that dropped 74 cents to $90.80. The rate for buying the British Pound fell by $4.30 to $167.91 for the purchase of £891,507, while £291,971 was sold, as the rate rose 47 cents to $170.47. At the end of trading, the selling rate for Euro, fell 61 cents to close at J$136.35, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.54 for a fall of 63 cents from Wednesday’s rate. 
The US dollar equivalent of other currencies traded, amounts to US$441,574 being bought, while US$540,551 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Thursday are, a fall of $1.05 in the highest buying rate of the US dollar to $122.25, a fall of $1.80 in the lowest selling rate of the Canadian dollar to $83.20. There was a drop of $3.10 in the highest buying rate to $172.80 for
Jamaican$ mostly rose on Wednesday
Trading resulted in the Jamaican dollar mostly gaining value on Wednesday as the market ended with dealers buying the equivalent of US$40,064,336 and selling US$40,071,060, in contrast to US$42,863,013 purchased and US$47,456,165 sold on Tuesday.
In US dollars trading, dealers bought US$36,342,749 compared to US$38,864,989 on Tuesday, as the buying rate for the US dollar fell 1 cent to end at $121.32. A total of US$39,008,262 was sold versus US$44,298,247 on Tuesday, the selling rate rose 2 cents to end at $122.01.
The Canadian dollar buying rate fell $1.23 to end at $89.34 with dealers buying C$840,296 and selling C$496,721, at an average rate that dropped $3.15 to $91.54. The rate for buying the British Pound climbed $1.05 to $172.21 for the purchase of £1,967,596, while £301,680 was sold, as the rate fell $2.70 to $170. At the end of trading, the selling rate for Euro, fell 33 cents to close at J$136.96, from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$134.17 for a fall of 38 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$309,670 being bought, while US$269,807 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Wednesday are, a rise of $1.15 in the highest buying rate of the US dollar to $123.30 and a rise of $1.97 in the lowest selling rate to $101.75. The highest buying rate of the Canadian dollar dropped $3.15 to $92.50 while a decline of $1.29 in the lowest buying rate took the final rate to $73. There was a rise of $1.30 in the highest buying rate to $175.90 for the British Pound while the lowest buying dipped $1.99 to $138.61.
Gains for Jamaican$ on Monday
Trading resulted in the Jamaican dollar gaining in value on Monday as the market ended with dealers buying the equivalent of US$51,988,256 and selling US$42,767,826, in contrast to US$33,506,151 purchased and US$31,293,513 sold on Friday.
In US dollars trading, dealers bought US$47,140,812 compared to US$29,939,202 on Friday, as the buying rate for the US dollar rose 3 cents to end at $121.32. A total of US$41,056,525 was sold versus US$29,104,944 on Friday, the selling rate fell 5 cents to end at $121.93. The Canadian dollar buying rate fell $1.63 to end at $90.26 with dealers buying C$1,998,221 and selling C$1,323,713, at an average rate that dropped 72 cents to $93.35. The rate for buying the British Pound dipped by 73 cents to $171.70 for the purchase of £2,264,195, while £315,739 was sold, on Friday, as the rate slipped by $2.43 to $172.48. At the end of trading, the selling rate for Euro, fell 34 cents to close at J$137.74, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European 
common currency at J$134.90 for a fall of 30 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$156,460 being bought, while US$251,228 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Monday are, a big drop in the lowest selling rate of the US dollar of $18.22 to $99.78. A decline of $1.90 in the lowest selling rate of the Canadian dollar to close at $86.
Gains for JSE on Monday
Sagicor Group closed at a 52 weeks’ high on Monday
For the overall market, 32 securities changed hands, in all market segments with 11 rising and 10 declining while 1 closed at a 52 weeks’ closing high and one at an intraday record high. The market closed with 4,459,879 units valued at $105,773,180 changing hands in all markets. The junior market accounted for 935,672 units changing hands, valued at $3,901,047.
The JSE Market Index garnered 498.31 points to end at 153,581.38, the all Jamaica Composite Index added 556.89 points to end at 170,592.15 and the JSE combined index gained 199.09 points to close at 162,360.97.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 8 stocks with bids higher than their last selling prices and 9 with lower offers. At the end of the market activities, Cable & Wireless traded 239,100 units to close with a gain of 2 cents at $1.39, Caribbean Cement ended at $22.65 with just 2,246 shares trading, after declining by 65 cents, Carreras traded 4,806 shares to end at $65, Gleaner closed at $2.09 with 105,736 shares changing hands. Grace Kennedy closed with 176,230 shares trading with a loss of 99 cents at $82, still well below the $97 equivalent, it last traded at in Trinidad. Jamaica Broilers declined by 9 cents in trading 5,375 units to close at $14, Jamaica Producers closed with a gain of $2 at $33 while trading 1,264,675 shares, down from 2,261,978 units traded on Friday. Jamaica Stock Exchange rose by 90 cents in trading 25,254 units to close at $22.90, JMMB Group had 7,596 units changing hands but rose 30 cents in closing at $10.30, Kingston Wharves traded 1,000 shares to close at $11.45, Mayberry Investments traded 20,680 shares to end at $4.45.
National Commercial Bank gained $1.03 with 330,105 shares changing hands to close at $41.03, Pan Jamaican investment fell 2 cents to close at $93 with 48,996 shares, Proven Investments ordinary share traded 138,420 units at 21 US cents. Sagicor Group gained 74 cents with 935,313 shares changing hands to close at a 52 weeks’ closing high of $23.74, Sagicor Real Estate Fund traded 2,000 shares to close at $10.90, Scotia Group gained 39 cents with 69,377 shares changing hands to close at $30.90. Seprod traded 30,000 shares to close at $18.51, Supreme Ventures closed with a loss of 50 cents at $4.50 with 81,308 units changing hands and JMMB Group 7.5% preference share traded 35,990 units but recovered 5 cents to end at $2.15.