New high for Cargo Handlers on Tuesday.
At the close the prices of 7 stocks rose and 2 declined with 12 securities trading, compared to 13 on Monday.
Stocks traded, rose on Tuesday by 298 percent, from Monday’s level, ending with 3,836,924 units changing hands, valued at $18,753,528, up 304 percent from $4,640,109 on Monday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 4 ending with lower offers.
An average of 319,744 units with an average value of $1,562,794 traded, compared to 74,236 units with an average value of $356,931 on the preceding day.
The average for December to date is 173,888 units at an average of $794,408. The average December to Monday is 125,269 units at an average of $538,279. The average for November is 109,679 units with an average value of $607,092.The stock split into 150 stock units for Eppley ordinary stock is yet to attract any offers even after the bid had risen to $6.95, compared to the adjusted last traded price of $4.90.
In trading activity, Access Financial Services traded 9,000 and close with a gain of 50 cents at $21, Cargo Handlers rose by 50 cents with 1,000 units trading at a 52 weeks’ high of $13, Caribbean Flavours traded 11,285 units to end at $9 with a gain of 1 cent. Caribbean Producers had 16,150 units changing hands to end at $3.30, C2W Music rose 3 cents with 1,000 shares changing hands at 29 cents,
Honey Bun had 18,531 shares changing hands to close with a gain of 30 cents at $6, Jetcon Corporation gained 35 cents, to close at a 52 weeks’ high of $6, with 50,100 shares. Key Insurance rose 37 cents in trading 1,000 units to close at $2.87, Lasco Distributors had 104,343 shares changing hands at $6.60, Lasco Financial ended with 34,094 shares being exchanged at $3.25. Lasco Manufacturing lost 15 cents and ended at $4.55 with 3,588,543 shares changing hands and Paramount Trading lost 10 cents while 1,858 shares traded to close at $3.70.
Producers, traded 4,000 shares at $9 up 70 cents and Seprod climbed $1 to $28. Cable & Wireless traded 563,477 shares at 80 cents, Supreme Ventures had 123,195 units trading at $4.71, JMMB Group 7.50% traded 972,825 units at $1.08.
Firm Trades | Angostura Holdings traded firm at $15.50 with 62 shares changing hands, Ansa McAL closed at $66.50 with 73 shares changing hands, Clico Investment, with 4,187 shares switching owners, closed at $22.55, and FirstCaribbean International Bank held firm at $8.50 with 62,210 shares changing hands with a value of $528,785. JMMB Group closed with 109,385 shares changing hands at 90 cents, Massy Holdings remained unchanged at $51 with 120 shares changing owners and West Indian Tobacco closed at $127 with 100 shares changing hands.
The Jamaican dollar slipped further below 129 mark to the US dollar on Monday as revaluation of the local currency continues to take hold and it enjoyed gains versus the Canadian dollar and the Euro but slipped mildly against the British pound, as inflows of foreign currency was US$19 million more than the amount sold. 
The Canadian dollar buying rate fell by $1.22 to $95.12, with dealers buying C$4,127,945 and selling C$4,023,122 at an average rate that fell 8 cents to $97.16. The average rate for buying the British Pound declined 67 cents to $159.69 for the purchase of £2,214,209 while £755,070 was sold with a rise of 5 cents, to end at $162.17.
include a jump of $15.75 in the lowest selling rate for the US dollar to end at $120. The highest selling rate for the Canadian dollar rose $1.08 to $101.52 while there was a drop of $5.80 in the lowest selling rate to $87. The lowest buying rate for the British Pound rose $1.08 to $131.56, the highest selling rate climbed $4.47 to end at $171.18 while the lowest selling rate rose $2.70 to $154. The highest buying rate for the Euro rose $1 to $136 and the highest selling rate moved up $2.14 to $143.86.
Kingston Wharves ended trading 46,195 shares to close at $19. Margaritaville Turks rose 2 cents and ended with 8,640,000 shares trading, to close at 24.9 US cents. National Commercial Bank gained 15 cents and ended at $49.65 with 35,484 shares trading, PANJAM Investment traded 99,553 units at $23.25, after falling $1.25, Radio Jamaica lost 10 cents in trading 22,753 units to close at $1.30, Sagicor Group gained 25 cents with 51,353 shares changing hands at $26. Scotia Group jumped $1.90 with 344,599 shares changing hands to close at $35, Scotia Investments climbed 50 cents with 2,000 units changing hands to close at $33, Supreme Ventures fell 10 cents and ended at $4.80 with 10,400 units changing hands, Proven Investments traded 60,000 shares at 18.55 US cents and JMMB Group 7.50% preference share closed with 796,887 units changing hands at $1.06.
The junior market index inched up by the end of trading on Monday resulting in the market index gaining 9.79 points to end at 2,433.66. 
An average of 74,236 units with an average value of $356,931 traded, compared to 74,215 units with an average value of $238,965 on the preceding day. The average for December to date is 125,269 units at an average of $538,279. The average for December to Friday is 150,785 units at an average of $628,952. The average for November ended at 109,679 units with an average value of $607,092.
Jetcon Corporation traded with a loss of 10 cents, to close at $5.65, with moderate volume of 10,000 shares. Key Insurance traded 28,471 units to close at $2.50, Knutsford Express saw trading in 20,164 shares at $20, Lasco Distributors loss 20 cents after 145,442 shares changed hands at $6.60, Lasco Financial gained 5 cents and ended with 19,958 shares changing hands at $3.25. Lasco Manufacturing ended at $4.70 with a mere 770 shares changing hands Paramount Trading gained 10 cents while 5,979 shares traded, to close at $3.80 and tTech ended with 35,654 units changing hands at $5.50.
steep rise in the index are strong gains in Caribbean Cement that is up $1.50 to $29.50, JMMB Group up to $14, National Commercial bank to $29.99 and Scotia Group with an average of $34.66.
According to the Statistical Institute of Jamaica the government body charged with collecting and collating economic data on the country. ”There were 1,186,900 employed persons in July 2016 which was 39,400 more than the 1,147,500, recorded in July 2015. The industry group Wholesale & Retail, Repair of Motor Vehicle & Equipment had the largest gain (13,300) in employment moving from 220,200 in July 2015 to 233,500 in July 2016. For the same period the industry group Agriculture, Hunting, Forestry & Fishing had the largest decline (14,000), moving from 205,200 to 191,200. The industry group Construction had the largest increase in the number of males (10,200) and the groups Manufacturing (7,100) and Other Community, Social and Personal Service Activities (7,100) accounted for the largest increase in the number of females in the period.”
The main market of the stock exchange has been closing at new highs on several occasions since November, with the latest being Friday December 2. At the same time, the junior which closed at a new high of 2,482.44 on November 7, is struggling since but with gains of 35 percent year to date. 
The market is again in another wedge but that should be easily broken, with breakout not far off.
