ISP Finance traded at a new high of $6 on Friday
The Junior market closed on Friday with a fall of just 4.13 points in the market index, to close at 2,176.88 as the market continues in consolidation mood but as Cargo Handlers jumped $5.99 to a new high of $82, with 915 shares changing hands, to record gains of 116 percent for the year to date. ISP Finance jumped 78 cents and gained 200 percent since listing in March, to close at a new high of $6 while trading 22,082 shares.
At the end of trading only 7 stock rose up from 1 on Thursday and 3 declined down from 8 on Thursday out of 15 securities that traded on Friday.
The market closed with 1,387,475 units trading, 76 percent less than on Thursday, valued 60 percent less than on Thursday with $6,454,746 changing hands on Friday. Trading ended with 8 securities closing with bids higher than their last selling prices and 2 ending with lower offers.At the close, AMG Packaging closed with a gain of 14 cents at $13.70 with 1,750 units changing hands, Blue Power closed with 1,789 units changing hands at $20, Caribbean Cream closed with 92,693 shares changing hands and rose 24 cents to $7.25, after trading as high as $7.95. Caribbean Producers had 187,080 units changing hands, to close with a rise of 3 cents, at $3, Consolidated Bakeries traded 16,455 shares to close at $2.20.
Dolphin Cove traded 2,105 units at $15 after falling 20 cents, Honey Bun closed with 26,817 shares changing hands at $5.30, Knutsford Express traded 33,650 shares to close at $25, Lasco Distributors fell 20 cents to end with 24,854 shares changing hands at $6.70, Lasco Financial ended with 552,729 shares changing hands at $3.50, after rising 15 cents. Lasco Manufacturing lost 16 cents and closed at $4.41 with 409,706 shares trading, Medical Disposables traded 12,130 shares with the price gaining 35 cents to close at $3.55 and Sweet River had 2,000 shares trading to end at $3.85.
Trading activity on the Trinidad and Tobago stock market closed Thursday with marginal fall in the two main indices. The volume traded remained subdued with just over 100,000 units changing hands. At the close 13 securities changed hands, 2 of which rose, 5 declined and 6 remained unchanged. 
One Caribbean Media traded 200 shares to end with a loss of 5 cents at a 52 weeks’ low of $20.75, Sagicor Financial Corporation fell 25 cents to close with 46,021 shares changing hands at $6.50 and Trinidad Cement fell by 1 cent and closed at $3.04 with 6,100 shares changing hands.
Jamaica Stock Exchange main indices lost ground as Carreras traded 1,047,855 units and fell 51 cents to $65 and Scotia Group gained 40 cents with 202,938 units changing hands at $30.40 as the leading trades. 
Segment results show a sharp jump in both revenues and profit for the Exchange Operations and that of Trustees Services for the half year. Exchange operations revenues grew to $326 million from $233 million in 2015 resulting in pretax profit of $151 million from $84 million in the six months to June 2015 while Trustees Services saw revenues shooting to $114 million from $46 million and with profit of $64 million from $18 million in 2015.
Trading activity on the Trinidad and Tobago stock market closed Thursday with marginal fall in the two main indices. The volume traded remained subdued with just over 100,000 units changing hands. At the close just 9 securities changed hands, 1 of which rose, 1 declined and 7 remained unchanged. 
Firm Trades| Angostura Holdings ended with 40,633 shares with a value of $568,862, changing hands to close at $14, Clico Investment Fund closed with 2,237 shares changing hands to end at $22.66, JMMB Group had 1,000 shares changing hands at 64 cents. Prestige Holdings had 32 units changing hands, to close at $10.80, Republic Financial Holdings ended with 3,676 shares with a value of $404,355 changing hands at $110, Sagicor Financial Corporation closed with 479 shares changing hands at $6.75 and Trinidad Cement closed at $3.05 with 50,020 shares changing hands.
At the close of the market prices of 11 securities gained out of a total of 39 that traded, with 18 declining in the overall market, including only 1 stock rising and 8 falling, in the junior market.
Kingston Wharves traded 97,624 shares to close at $17.01, Margaritaville Turks traded 237,000 shares to close at 20 US cents after falling by a cent, Mayberry Investments ended with 10,500 shares trading to close at $3.28, 
The buoyancy in the foreign exchange market with inflows exceeding which characterized the market in August carried over into September with authorized dealers buying another $3 million more than they sold on Thursday, bringing the net inflows since the end of June, to US$271 million. 
A total of US$28,195,660 was sold versus US$31,057,928 on Wednesday, with the selling rate rising 8 cents to end at $127.66. The Canadian dollar buying rate rose $1.55 to $96.06, with dealers buying C$1,513,995 and selling C$629,370 at an average rate that fell $1.25 to $97.49. The average rate for buying the British Pound rose 44 cents to $164.70 for the purchase of £1,003,295 while only £295,065 was sold with the rate that climbing 47 cents to end at $167.70.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Thursday, include a drop of $19.08 in the lowest selling rate for the US dollar to $103.92. The highest buying rate for the Canadian Dollar jumped $3.30 to close at $100.50, the highest selling rate climbed $3.58 to $104.70 and the lowest selling rate fell by $2.20 to $92. Trading in the British Pound resulted in a rise of $1.05 in the highest buying rate to $170.65, a rise of $1.62 in the highest selling rate to close of $175.28 and a decline in the lowest selling rate of $2 to $160.50. 
The Jamaican government has already covered in just four months, all the revenues that will be lost for the fiscal year even before the revenue lost from the higher threshold, starts to impact the 
Trading ended with 7 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
Honey Bun declined by 50 cents with 4,500 shares changing hands, to close at $5.30, 
Foreign exchange inflows continue to exceed sales but by a much smaller margins than for most of August with authorized dealers buying another $2.7 million more than they sold on Wednesday, bringing the net inflows since the end of June, to US$268 million. In Wednesday’s trading, dealers bought US$38,398,614 and sold US$35,708,315 compared to US$42,556,485 purchased and US$31,710,930 sold on Tuesday, of all currencies. 
A total of US$31,057,928 was sold versus US$29,280,909 on Tuesday, with the selling rate rising 6 cents to end at $127.57. The Canadian dollar buying rate dropped $2.60 to $94.51, with dealers buying C$771,704 and selling C$3,689,777 at an average rate that rose 55 cents to $98.74. The average rate for buying the British Pound rose 79 cents to $164.26 for the purchase of £1,406,245 while only £1,092,489 was sold with the rate that climbing $1.42 to end at $167.23.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Wednesday, include a jump of $19.17 in the lowest selling rate for the US dollar to $123. The highest buying rate for the Canadian Dollar dropped $1.45 to close at $97.20, the highest selling rate fell $1.76 to $101.12 and the lowest selling rate rose $2.20 to $94.20. Trading in the British Pound resulted in a rise of $2.60 in the highest buying rate to $169.60 and a fall of $3.35 in the highest selling rate to close of $173.66. 
