Massy Holdings jumped TT$2.77 to close at TT$58 on Friday.
The Composite Index rose 3.94 points or to close at 1,142.32, the All T&T Index gained 4.83 points to close at 1,796.39 and the Cross Listed Index is up 0.41 at 65 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 9 stocks with bids higher than their last selling prices and 4 with offers that were lower.
Gains| Clico Investment Fund closed with 52,643 shares valued at $1,197,628 changing hands to end at $22.75, for a 5 cents gain, First Citizens gained 50 cents in trading 15,528 shares valued at $540,411, to close at $35, Massy Holdings jumped $2.77 to close at $58 with 11,460 units valued at $650,127 changing hands. National Commercial Bank traded 52,800 units and rose 6 cents to close at a 52 weeks’ high of $2.66, National Enterprises gained 45 cents to close with 3,367 shares changing hands at $11.20, Republic Financial Holdings ended with 24,087 shares with a value of $2,581,229 to close at $107.30 with a rise of 15 cents. Trinidad and Tobago NGL closed with 7,397 shares changing hands at $22.51 after gaining 1 cent and Scotiabank contributed 1,500 shares to close with a rise of 7 cents at $53.07.
Losses| Calypso Macro Index Fund traded 478 units at a 52 weeks’ low of $24.49 after shedding 1 cent, Guardian Holdings traded 1,380 shares and declined 4 cent to a 52 weeks’ low of $12.70 and Trinidad Cement trade 500,000 units valued at $1,675,000 to close with a loss of 15 cents at $3.35Firm Trades| JMMB Group closed with 3,060 shares changing hands, to end at 60 cents, One Caribbean Media closed at $21 with 310 shares changing hands. Prestige Holdings with 1,000 units changing hands ended at $10.90 and Sagicor Financial Corporation closed with 670 shares changing hands, to end at $7.25.
Elsewhere, Pan Jamaican Investment traded 469,095 shares at $24.20 and Lasco Financial traded 128,515 shares at $3.35.
The selling rate of the Jamaican dollar gained against the three major international currencies on Thursday, with dealers buying the equivalent of US$3.4 million more than the amount they sold in all currencies, taking the surplus purchased in the last nine days to US$26 million, with the amount bought by dealers bringing in US$42,540,905 while they sold US$39,173,759, compared to US$36,409,528 purchased and US$38,432,327 sold on Wednesday. 
The Canadian dollar buying rate rose 52 cents to end at $94.12 with dealers buying C$954,725 and selling C$643,879, at an average rate that dropped 47 cents to $96.42. The average rate for buying the British Pound fell 6 cents to $160.79 for the purchase of £1,820,691, while just £911,188 was sold, with the rate dropping 54 cents to $162.33.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Thursday include, a sharp jump of $19.30 in the lowest selling rate of the US dollar to close at $122.25, a fall of $1.60 in the lowest selling rate of the Canadian Dollar to $91.60. The highest buying rate of the British Pound gained $1 to $167, the lowest buying rate fell $1.66 to end at $130.31, the highest selling rate rose $1.53 to close at $173.25 while the lowest selling rate slipped $3 to end at $150. 
High return on time investment
Participants at the JEF session, being addressed on the benefits of the equity market in Jamaica by John Jackson in May.
During the preparation process, one also has to be mindful of mandated time constraints, as well as the attention span of audiences or participants and so choices have to be made as to what’s in and whats out.
When I was asked by the Jamaica Employers’ Federation, JEF, to present an outline of a paper for their annual convention, I decided to suggest a topic that covered the capital market as a place for investors and entities seeking to woo investors to part with their money for a time, in exchange for the promise of future gains. Having achieved consensus and presentation prepared, my concern was, what was the interest of the attendees? I had no idea really. The JEF convention posed the problem that the session ran concurrently with others and covering two aspect of the market was challenging without knowing the audience’s interest. I decided from the start of the presentation to find out where the interest of the group laid. So although I did quite a bit on what it means for companies to go public, the bulk of an estimated 200 or so participants were interested in investing in the stock market. Many were either new to it, or fairly new and they wanted the information I had to offer. At the end of my presentation there were many questions and still more, after the session ended.
While I had a fair idea of how attendees felt, it is not always possible to categorically define the collective response. So when I received the comments below from the JEF, I felt that the many hours spent in preparation, delivered a great return on my investment.
The Executive of the Jamaica Employers’ Federation and the Convention Director, use this medium to express sincere appreciation to you for your contribution to the success of JEF’s Thirty- fourth (34th) Annual Business & Workplace Convention and Exhibition 2016, which was held at the Montego Bay Convention Centre, in St. James, between May 26 and 29, 2016, under the theme: “Empower People …. Energize Business”.
From the feedback received, your presentation on the topic: “Personal & Business Enrichment: The Equity Capital way for a Richer Future”, at a Concurrent session, was very well received and from the feedback, your content, perspective and engaging delivery style enhanced our participants’ knowledge and surpassed their expectations.
Thank you for your invaluable support and we certainly hope that we will have the honour of working with you again in the staging of another World Class learning event.
Yours sincerely,
Brenda V. Cuthbert (Mrs.)
CHIEF EXECUTIVE OFFICER