Sagicor Financial traded at a 52 weeks’ high on Wednesday.
The Composite Index advanced by 9.36 points to close at 1,139.67, the All T&T Index jumped 17.10 points to close at 1,824.73 and the Cross Listed Indexgained 0.20 at 60.37.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 3 stocks with the bid higher than the last selling price and 6 with offers that were lower.
Gains| National Enterprises closed with 7,500 shares changing hands after jumping $1.42, to close at a $11.92, One Caribbean Media rose 60cents while trading 225,625 shares changing hands for a value of $4,849,407 to close at $21.50. Sagicor Financial Corporation closed with 33,152 shares changing hands, to end with a rise of 24 cents at a 52 weeks’ high of $7.25 and Trinidad and Tobago NGL rose 3 cents to close at $21.03 with 89,353 shares traded for $1,878,944.
Losses| Guardian Holdings lost 20 cents with 6,212 shares changing hands to end at $13,
Massy Holdings ended with 16,615 shares changing hands to close at a 52 weeks’ low of $53.99 after losing 1 cent and Point Lisas traded 2,340 shares but lost 5 cents to $4.Firm Trades| Clico Investment Fund ended at $22.60 with 22,256 shares valued at $502,986 changing hands, Grace Kennedy had 100 units changing hands at $5.15, JMMB Group closed at 59 cents with 2,477 shares trading and Trinidad Cement ended with only 50 shares changing hands to close at $3.49.
The main indices of the Jamaica Stock Exchange fell again on Wednesday with 40 securities changing hands, in all market segments and ended with 13 stocks rising and 20 declining. Trading accounted for 7,303,091 units valued at $119,963,779 changing hands in all markets with the junior market accounting for 898,831 units valued at $4,498,985 changing hands. 
the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 6 with lower offers.
Jamaica Broilers traded 27,750 units to close at $14.50. Jamaica Stock Exchange traded 13,110 shares but lost 50 cents to end at $19, JMMB Group had 10,352 shares changing hands at $9.75 after easing by 25 cents, National Commercial Bank fell by 4 cents with 1,817,770 shares changing hands to close at $40.01. Pan Jamaican Investment traded 17,626 shares to close at $90, Sagicor Group ended with 13,200 shares changing hands at $23. Scotia Group traded 8,700 shares to close with a gain of 50 cent at $30, Supreme Ventures gained 50 cents to close at $5.50 with 30,000 units changing hands, Proven Investments ordinary shares traded 62,418 units to end at 16 US cents and the JMMB Group 7.50% preference share fell 13 cents in trading 1,611,098 units at $1.07.
KLE Group traded 270,000 shares and fell 5 cents, to end at $1.65, Knutsford Express closed with 1,601 units changing hands at $19. Lasco Distributors gained 4 cents to end at $5.04 with 59,000 units trading, Lasco Financial lost 10 cents to close at $2.90, with 40,889 shares changing hands, Lasco Manufacturing lost 10 cents and ended with 126,350 shares changing hands to close at $3.50, Medical Disposables fell 5 cents in trading 1,000 shares to close at $3.15 and Paramount Trading ended with 3,460 shares trading to end at $11.
Cable & Wireless with 1,058,537 trading up to $1.20 but backing off to $1.16, National Commercial Bank with 1,803,981 units at $40.05 and JMMB Group 7.50% preference share with 1,541,085 units at $1.06 and KLE Group traded 270,000 at $1.65.
Trading in the foreign exchange market resulted in the Jamaican dollar losing value against the three major currencies it is normally exchanged with. The market closed with dealers buying the equivalent of US$35,396,058 and selling US$38,476,966, in contrast to US$43,966,113 purchased and US$40,723,813 sold on Monday. 
Monday, the selling rate gained 2 cents to $122.04. The Canadian dollar buying rate climbed $2.73 to end at $92.55 with dealers buying C$1,726,695 and selling C$1,936,183, at an average rate that rose $2.57 to $94.39. The rate for buying the British Pound rose $3.01 to $171.49 for the purchase of £2,034,614, while £764,663 was sold, as the rate jumped $2.79 to $172.40. At the end of trading, the selling rate for Euro, rose 37 cents to close at J$139.63, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$136.75 for a rise of 42 cents on Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$112,783 being bought, while US$254,920 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Tuesday are, a rise of $18.22 in the lowest selling rate of the US dollar to $118, a rise of $1.85 in the highest buying rate of the Canadian dollar to $96.15, a $1.08 rise in the lowest buying rate to $74.70 with highest selling rate gaining $1.04 to $97.20 and the lowest selling rate climbing by $1 to $89.30. The lowest selling rate for the British Pound rose $1.70 to $139.23, while the highest selling rate climbed $2.21 to end at $181.17 and the lowest selling rate gained $2.60 to end at $166.20. 
The Trinidad & Tobago Stock Exchange suffered another losing day with all price movements being negative on Tuesday. Trading ended with 302,331 shares valued at $2,916,112 changing hands. The market closed with 14 securities traded, none gained, 7 declined, while 7 remained unchanged. Five stocks closed at 52 weeks’ low at the end of trading.
Unilever Caribbean fell $1 with 5,300 shares trading to end at 52 weeks’ low of $65.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 4 with lower offers. At the end of the market activities, Berger Paints traded only 1,300 shares to gain 50 cents and closed at $4, Cable & Wireless rose 4 cents to $1.13 in trading 188,038 units, Carreras ended trading only 1,900 shares to end $1 higher at $66. Ciboney gained 1 cent to close at 17 cents with 300,000 shares changing hands, Grace Kennedy rose $1 and closed with 245,819 shares changing hands at $81, Jamaica Broilers traded 505,700 units to close at $14.50. Jamaica Stock Exchange traded 5,027,520 shares valued at $98.5 million but lost 5 cents to end at $19.50 as MVL Stock Brokers crossed 5 million units for their own account at $19.60. JMMB Group had 13,934 shares changing hands at $10, 
National Commercial Bank rose by 4 cents with 5,826 shares changing hands to close at $40.05. Pan Jamaican Investment traded only 265 shares but fell by $3 to $90, Pulse Investments gained 20 cents to close at $3.19 with 64,000 shares changing hands. Radio Jamaica traded just 251,538 shares to close at $1.15, Sagicor Group fell $1 and ended with 47,465 shares changing hands at $23. Scotia Group traded 73,300 shares to close at $29.50 after declining $3.40, Seprod jumped $1.25 to $17.25 with 32,500 shares trading, Supreme Ventures gained 5 cents to close at $5 with 31,275 units changing hands, Proven Investments ordinary shares traded 93,200 units to end at 16 US cents and the JMMB Group 7.50% preference share traded 487,151 units at $1.20.
Honey Bun had 80,402 shares trading and ended unchanged at $11. 
The new price puts the PE at 7.2 times last year’s earnings of $70.43 per share and comes ahead of the company exploring the raising of added equity capital. 
Trading in the foreign exchange market resulted in the Jamaican dollar gaining value against the three major currencies it is normally exchanged with. The market closed with dealers buying the equivalent of US$43,966,113 and selling US$40,723,813, in contrast to US$30,677,839 purchased and US$37,524,758 sold on Friday. 
The Canadian dollar buying rate declined 94 cents to end at $89.83 with dealers buying C$1,171,701 and selling C$538,658, at an average rate that declined $1.06 to $91.82. The rate for buying the British Pound rose 67 cents to $168.48 for the purchase of £1,191,516, while £286,641 was sold, as the rate fell 7 cents to $169.61. At the end of trading, the selling rate for Euro, rose 36 cents to close at J$139.26, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$136.33 for a rise of 30 cents on Friday’s 
rate. The US dollar equivalent of other currencies traded, amounts to US$301,872 being bought, while US$332,567 was sold.
