Trading, early Thursday morning on the Jamaica Stock Exchange has been moderate with only Cable & Wireless (C&W) with 430,076 units trading at $1.33 clearing the 100,000 shares mark.
C&W gained 18 cents in trading from the last traded price on Wednesday. The main market recorded gains in the main indices while the junior index incurred a loss.
Trading resulted in activity in 21 securities, accounting for a volume of 577,084 shares compared to 965,106 units on Wednesday as 8 stocks gained and 5 declined. The average number of shares traded amounts to 27,480 units compared to an average of 115,357 units on Wednesday.
After 75 minutes of trading in the early morning session, on Thursday, the all Jamaica Composite Index climbed 375.52 points to 176,929.97, the Jamaica Stock Exchange Market Index gained 335.77 points to 159,248.68, the Jamaica Stock Exchange combined index rose 121.08 to close at 170,572.64 points andthe junior market index slipped 18.44 points to 2,223.68.
Moderate Thursday morning trading
Jamaican$ lost more on Wednesday
The Jamaica dollar fell against the United States currency at the close of trading on Wednesday as inflows were US$3.6 million less than the amount sold. The local dollar lost ground against the Pound sterling as the British currency gained strength with public opinion polls continuing to suggest that British voters will vote in favour of remaining in the euro zone.
The foreign exchange market closed with dealers selling the equivalent of US$2 million more than the amount bought in all currencies, with the total of all currencies bought by dealers amounting to US$37,426,947 while they sold US$39,435,110, in contrast to US$33,116,369 purchased and US$38,589,783 sold on Tuesday.
In US dollar trading, dealers bought US$32,918,142 compared to US$28,605,114 on Tuesday as the buying rate for the US dollar rose 25 cents to $125.60.
A total of US$36,555,517 was sold versus US$35,845,081 on Tuesday with the selling rate rising 7 cents to $126.19. The Canadian dollar buying rate declined by 78 cents to end at $94.64 with dealers buying C$573,575 and selling C$550,022, at an average rate that climbed $1.30 to $98.69. The average rate for buying the British Pound jumped $2.70 to $182.32 for the purchase of £2,527,203, while £1,295,600 was sold, with the rate climbing 39 cents to $184.42.
At the end of trading, the selling rate for Euro, fell 74 cents to close at J$142.15 from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$139.16, for a dip of 81 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded amounts to US$408,341 being bought, while US$555,908 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Wednesday, include, a drop of $17.30 in the lowest selling rate of the US dollar to close at $102.70, a rise of $5.02 in the lowest buying rate of the Canadian Dollar to $78.02, a rise of $1.50 in the lowest selling rate to $93.50, a fall of $2.08 in the highest buying rate of the British Pound to $185.70. The lowest buying rate of the Pound climbed $1.25 to $148.16 with the highest selling rate leaping $1.62 to $192.78 and the lowest selling rate jumping $16.24 to $172.
6 TTSE stocks fell 1 rose – Wednesday
Fresh from closing on Tuesday with a good bounce, trading on the Trinidad and Tobago Stock Exchange saw continuation of gains but at a more modest level on Wednesday with 13 securities trading. At the close of trading, 450,739 units changed hands valued at $7,596,505.
The Composite Index advanced by 1.18 points or to close at 1,127.47, the All T&T Index rose 2.39 points or 1.24 percent to close at 1,786.11 and the Cross Listed Index remained at 62.36.
The market closed on Wednesday with, 1 security rising, 6 declining stock, while 6 remained unchanged, and two traded at 52 weeks’ lows as 450,739 shares valued at $7,596,505 changed hands.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 8 with offers that were lower, including Republic Financial Holdings and National Enterprises with lower offers than the last selling price.
Gains| Clico Investments ended with 4,370 shares changing hands and gained 1 cent to close at $22.66.
Losses| First Citizens Bank price dropped 85 cents in trading 2,367 shares to close at $32.65, Guardian Holdings fell 5 cents and closed at $12.75 with 8,721 shares changing hands, Massy Holdings lost 1 cent to close at $54.99 with 6,752 shares with a value of $371,292, changing hands. Republic Financial Holdings ended with 57,704 shares valued at $6,196,833 to close with a loss of 4 cents to a new 52 weeks’ low of $107.39,
Sagicor Financial Corporation traded 3,819 shares to end at $7.14 after falling 1 cent and Unilever Caribbean fell 2 cents with 10 shares trading at a 52 weeks’ low of $64.80.
Firm Trades| Agostini’s ended with 630 shares changing hands to end at $17.05, JMMB Group traded 300,000 shares to close at 60 cents, Scotiabank closed at $53.85 as 492 shares changing hands. Trinidad and Tobago NGL traded 13,492 shares with a value of $300,199 to close at $22.25, Trinidad Cement ended with 1,101 shares trading at $3.42 and West Indian Tobacco traded 1,281 shares at $126.28.
JSE drops again on Wednesday
Scotia Group traded the most in the JSE main market.
Scotia Group dominated trading in the main market with 2,314,908 shares changing hands with the price gaining $1.05 to close at $31.80, while Grace Kennedy closed at a new 52 weeks’ high of $125.05 as investors bought 8,410 units at 5 cents more than the closing price on Tuesday.
Stocks traded, amount to 9,425,498 units valued at $122,022,748, in all market segments with the junior market accounting for to 4,960,144 shares valued at $25,785,964 of all trades.
The JSE Market Index fell 682.71 points to end at 158,912.91. The all Jamaica Composite Index dropped 763.53 points to close at 176,554.45 and the JSE combined index declined 737.78 points, to end at 170,411.56.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 2 with lower offers.At the end of market activities, Berger Paints dropped 45 cents to close with 95,404 shares changing hands at $4.05, Cable & Wireless, lost 15 cents with 372,926 units traded to close at $1.15, Caribbean Cement dropped $2.90 to close at $19.10 after trading 7,375 units. The price of 1834 Investments fell 5 cents in trading 73,414 units at $1, Jamaica Broilers dropped 25 cents with 545,162 units changing hands, to close at $14.50. Jamaica Producers traded 25,435 shares at $49, Jamaica Stock Exchange traded 31,150 shares unchanged at $19, JMMB Group traded 230,000 units to close at $9.80. Mayberry Investments had 12,239 units trading with a gain of 33 cents at $3.85,
National Commercial Bank ended with 28,370 units changing hands at $42.10, for a rise of 30 cents, Pan Jamaican Investment Trust closed with 209,603 shares trading, as the price fell $1.40 cents to $26. Radio Jamaica had 140,504 shares trading at $1.50, Sagicor Group ended with 27,339 shares changing hands at $23, Sagicor Real Estate Fund traded 10,422 shares and rose 2 cents to close at $10.14. Salad Foods traded 90,000 shares at $8, Scotia Investments traded 12,000 shares but rose 50 cents to close at $26, Supreme Ventures ended trading with 133,313 units at $4.50, after falling 25 cents and Proven Investments ordinary share traded 40,871 units at 18 US cents.
Lasco Manufacturing dominates juniors
Lasco Manufacturing had the largest trade in the junior market on Wednesday
At the end of trading 8 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers.
At the end of trading, AMG Packaging closed with 130,000 shares changing hands at $13, CAC 2000 traded just 1,000 units at $6.70, Cargo Handlers had 4,000 units trading at $46, Caribbean Cream traded 191,729 units, to end with a rise of 1 cent at $5, Caribbean Flavours ended with 9,600 shares changing hands at $7. Caribbean Producers had 19,477 units trading with a fall of 15 cents to close at $4.35, Consolidated Bakeries traded 5,000 units to end at $1.85, 
Honey Bun closed at $5.50 with 60,695 units changing hands, but the bid was at $5.76 at the close, to buy a small volume. Iron Rock closed trading with 1,000 shares, but fell 3 cents to end at $3.20, Knutsford Express had 2,963 units changing hands at $17.50, Lasco Distributors traded 29,867 units to end with a gain of 2 cents, at $7.90, Lasco Financial closed with a rise of 9 cents, at $3.44 with 216,475 shares changing hands. Lasco Manufacturing declined by 10 cents to close at $5 with 4,264,787 shares trading, Medical Disposables traded 19,630 shares to close at $3.60 after shedding 40 cents and tTech ended with 3,921 units changing hands to close at $4.
Scotia’s big trade – Wednesday
Interest picked up in early Wednesday morning trading on the Jamaica Stock Exchange with as Scotia Group dominated the early trades with 2,291,393 shares at $30.50.
Cable & Wireless had 110,909 units trading at $1.20, Jamaica Broilers Group traded 510,879 units at $14.50, JMMB 
Group had 229,042 ordinary shares trading at $9.80 and AMG Packaging had 124,000 shares changing hands at $13. Salada Foods traded 90,000 shares at $8 and Berger Paints traded 65,938 at $4.38.
The main market recorded gains in the main indices while the junior index incurred a small loss so far.
Trading resulted in activity in 32 securities, accounting for a volume of 3,691,417 shares compared to 965,106 units on Tuesday as 6 stocks gained and 9 declined. The average number of shares traded amounts to 115,357 units compared to an average of 41,961 units on Tuesday.
After 75 minutes of trading in the early morning session, on Wednesday, the all Jamaica Composite Index climbed 290.60 points to 177,608.58, the Jamaica Stock Exchange Market Index gained 259.84 points to 159,855.46, the Jamaica Stock Exchange combined index rose 235.26 to close at 171,384.60 points and the junior market index slipped 0.54 points to 2,251.76.
Jamaican$ falters on Tuesday
The Jamaica dollar fell against the United States currency at the close of trading on Tuesday as inflows were US$7.2 million less than the amount sold. The local dollar lost ground against the Pound sterling as the British currency gained strength with public opinion polls continuing to suggest that British voters will vote in favour of remaining in the euro zone.
The foreign exchange market closed with dealers buying the equivalent of US$5.47 million in all currencies, less than the amount bought with a total of all currencies bought by dealers amounting to US$33,116,369 while they sold US$38,589,783, in contrast to US$50,161,179 purchased and US$46,313,716 sold on Monday.
In US dollar trading, dealers bought US$28,605,114 compared to US$46,596,141 on Monday as the buying rate for the US dollar rose 1 cent to $125.35.
A total of US$35,845,081 was sold versus US$44,081,167 on Monday with the selling rate rising 9 cents to $126.12. The Canadian dollar buying rate rose 93 cents to end at $95.42 with dealers buying C$951,348 and selling C$451,839, at an average rate that fell 14 cents to $97.39. The average rate for buying the British Pound jumped $1.54 to $179.62 for the purchase of £1,862,762, while £872,119 was sold, with the rate climbing $4.43 to $184.03.
At the end of trading, the selling rate for Euro, jumped $1.07 to close at J$142.88 from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$139.97, for a rise of 97 cents on Monday’s rate. The US dollar equivalent of other currencies traded amounts to US$1,117,815 being bought, while US$1,123,172 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Tuesday, include, a jump of $17.54 in the lowest selling rate of the US dollar to close at $120, a fall of $3.07 in the lowest buying rate of the Canadian Dollar to $73, a rise of $2.58 in the highest buying rate of the British Pound to $187.78. The lowest buying rate of the Pound climbed $3.73 to $146.91 with the highest selling rate leaping $3.16 to $191.16 and the lowest selling rate dropping $13.24 to $155.76.
JSE drops sharply on Tuesday
NCB lead the JSE with volume on Tuesday .
National Commercial Bank closed with 1,327,563 shares changing hands, the price fell by 20 cents to close at $41.80, Grace Kennedy chipped in with 253,791 units, with the price jumping $9, to close back at $125 and Jamaica Producers traded at a new 52 weeks’ high of $49, after rising by $1 with 17,253 shares changing hands.
Stocks traded amount to 3,512,857 units valued at $109,817,045, in all market segments with the junior market accounting for to 1,016,398 units valued at $4,845,689 of all trades.
The JSE Market Index dived 1,245.08 points to end at 159,595.62. The all Jamaica Composite Index dropped 1,392.49 points to close at 177,317.98 and the JSE combined index declined 1,133.47 points, to end at 171,149.34.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 8 stocks with bids higher than their last selling prices and 3 with lower offers.At the end of market activities, Berger Paints closed with 13,940 shares changing hands at $4.50, Cable & Wireless, lost 5 cent with 44,750 units traded to close at $1.30, Caribbean Cement gained 80 cents to close at $22 after trading 54,300 units, Carreras fell 1 cent in trading 2,400 shares and closed at $62.80. The price of 1834 Investments fell 11 cents in trading 11,900 units at $1.05, Jamaica Broilers gained 25 cents with 11,243 units changing hands, to close at $14.75. JMMB Group traded 12,445 units to close at $9.80. Pan Jamaican Investment Trust
closed with just 189 shares trading, as the price rose by 40 cents to $27.40, Radio Jamaica had 80,100 shares trading but fell 24 cents to $1.50, Sagicor Group ended with 287,712 shares changing hands after declining 1 cent to $23, Sagicor Real Estate Fund traded 38,550 shares and lost 3 cents to close at $10.12. Scotia Group rose 64 cents with 207,786 units trading to close at $30.75, Scotia Investments traded 12,600 shares but fell 50 cents to close at $25.50, Supreme Ventures ended trading with 36,902 units at $4.75, Proven Investments ordinary share traded 47,680 units at 18 US cents after slipping by 1.47 US cents and JMMB 7.5% preference share traded 29,000 units at $1.04 for a 1 cent rise.
Trading picks up for juniors – Tuesday
Interest is up for Caribbean Cream with 575,000 units trading on Tuesday to end at $4.99.
At the end of trading 4 stocks closed with the bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Access Financial Services traded just 100 shares with a gain of 5 cents at $17.40, as the demand for the stock builds but against limited supply.
AMG Packaging closed with 6,000 shares changing hands at $13, Caribbean Cream came in for good demand in trading 575,551 units, to end with a fall of 1 cent at $4.99, Caribbean Flavours ended with 33,700 shares at $7, Caribbean Producers had 85,069 units trading with a gain of 30 cents to close at $4.50. Consolidated Bakeries traded 100,000 units and rose 5 cents to end at $1.85, Dolphin Cove traded 162 units to close at $11.50. Honey Bun fell 50 cents and closed at $5.50
with 43,782 units changing hands, Jamaican Teas closed trading with 1,048 shares, but fell 9 cents to end at $3.71, Lasco Distributors traded 10,675 units to end with a loss of 7 cents, at $7.88. Lasco Financial closed with a loss of 9 cents, at $3.35 with 7,850 shares changing hands, while Lasco Manufacturing gained 1 cent to close at $5.10 with 82,961 shares trading. Medical Disposables traded 53,500 shares to close at $3.60 after shedding 40 cents, Paramount Trading closed with a gain of 1 cent at $11 with 6,000 shares changing hands and tTech ended with 10,000 units changing hands to close at $4.
Major gains for TTSE stocks – Tuesday
Massy jumped TT$4.99 on the TTSE on Tuesday
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator is not confirming a turn around in the market just yet as it ended with 6 stocks with bids higher than their last selling prices and 9 with offers that were lower, including Republic Holdings and National Enterprises with lower offers than the last selling price.
Gains| First Citizens Bank price jumped $2.50 in trading 11,721 shares valued at $382,328 to close at $33.50, Massy Holdings leapt 10 percent with a gain of $4.99 to close at $55 with 6,479 shares with a value of $356,281, changing hands. Scotiabank jumped 85 cents to $53.85 as 3,004 shares were traded and Clico Investments ended with 22,400 shares carrying a value of $507.360 changing hands and gained 5 cents to close at $22.65. JMMB Group traded 286,213 shares and gained just 1 cent to close at 60 cents
The market closed on Tuesday with, 5 securities gaining, 2 declining stock, while 1 remained unchanged, as 335,562 shares valued at $1,633,062 changed hands.
The Composite Index advanced by 10.96 points or to close at 1,126.29,
the All T&T Index rose 21.78 points or 1.24 percent to close at 1,783.72 and the Cross Listed Index remained at 62.36.Losses| Point Lisas closed at a 52 weeks’ low, with 100 shares trading to close at $3.69 after losing just 1 cent and Sagicor Financial Corporation traded 2,980 shares to end at $7.15 after falling 2 cents.
Firm Trades| Guardian Holdings closed at $12.80 with 2,665 shares changing hands.
