The main market of the Jamaica Stock Exchange recorded its highest gain ever with a huge jump of 9,440.63 points on All Jamaican Composite index to hit 126,995.43 as Desnoes & Geddes traded 59,126 shares at $25 for an increase of $9.97 to be the main contributor to the gains. 
Trading in the overall market has been strong with 28 securities being active at 11 am, with a volume of 10,402,800 units as 17 stocks gained and 2 declined.
In Trading, Berger Paints traded 899,350 shares at $2.50, Caribbean Producers exchanged 1,649,403 up to $2.80, General Accident traded 2,000,000 units at $1.75, Jamaica Broilers exchange 601,851 shares at $7 and Lasco Distributors had 3,043,460 units trading at $2.80.
The JSE Market Index rose 8,447.57 points to 114,570.64, the JSE combined index rose 7,451.90 points to be at 118,884.23 and the junior market index fell 58.68 points to 1,199.65.
The JSE enjoys record gain on Wednesday
J$ held ground on Tuesday
The Jamaica dollar held ground against the US dollar on Tuesday with the equivalent of US$39,633,518 being bought by dealers, compared with US$54,993,668 on Monday, while they sold the equivalent of US$28,821,789 versus US$59,279,907 previously.
In US dollar trading , dealers bought US$37,263,331 compared to US$49,143,690 on Monday. The buying rate for the US dollar fell 10 cents to $118.96 and US$26,530,020 was sold versus US$56,411,806 on Monday, the selling rate remained at $119.47. 
The Canadian dollar buying rate slipped 47 cents to end at $88.59, with dealers buying C$679,495 and selling C$1,238,320, at an average rate that rose 49 cents to $91.91. The rate for buying the British Pound declined 29 cents to $179.95 for the purchase of £1,170,633, while £622,411 was sold, at an average rate that fell $1.05 to $181.55. At the end of trading, it took J$135.86 to purchase the Euro, with a rise of $27 from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.37 for a gain of 30 cents on Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$93,293 being bought, while US$393,340 was sold.
Highs & Lows| The highest buying rate for the US dollar added 5 cents on Tuesday to end at $119.75, the lowest buying rate ended unchanged at $97.95, 
the highest selling gained 43 cents to close at $126.05 and the lowest selling rate climbed $1.94 to end at $99.88. The highest buying rate for the Canadian dollar rose 30 cents to $92, the lowest buying rate rose 42 cents to be at $73.46, the highest selling rate gained $1.47 to end at $95.80 and the lowest selling rate fell $2 to $86. The highest buying rate for the British Pound, rose $2 to end at $185.20. The lowest buying rate climbed 63 cents to $147.91, the highest selling rate dropped $1.87 to $188 and the lowest selling rate lost 30 cents to close at $176.
15 up 7 down on Tuesday
At the close of trading on the Jamaica stock exchange, there were 15 stocks rising, 7 declining, with 32 securities totalling 7,269,713 units, valued at $48,282,077 changing hands, in all market segments. 1 junior market stock and 1 main market stock ended at new 52 weeks’ closing highs, 1 stock traded at intraday 52 weeks’ low and one at a 52 weeks’ intraday high.
The JSE Market Index lost 530.18 points to 106,123.07, the JSE All Jamaican Composite index fell 592.50 points to 117,554.80 and the JSE combined index declined 247.57 points to end at 111,432.33.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 18 stocks with bids higher than their last selling prices and 4 with offers that were lower and setting up Wednesday for an interesting day of trading.
In trading, Cable and Wireless closed with a decline of 8 cents, with 2,196,541 shares changing hands to close at 52 cents, but the price traded up to 60 cents during the day. Caribbean Cement shot up to $10 with 35,038 shares changing hands for a 10 cents increase, Carreras traded 54,715 shares at $50.60. Desnoes and Geddes did not trade but the stock closed with several bids at $19.87 to buy 1,823,929 shares with an offer of 59,126 units at $25, then at $28 with very small volumes. Jamaica Broilers closed at $6.92 with 134,660 shares changing ownership, for a loss of 18 cents, Jamaica Producers gained 10 cents in trading 59,820 shares at $18.60, JMMB Group traded 50,000 shares to close at $8.06 with a loss of $1.44, Kingston Wharves traded at a new high of $7.65 to add 65 cents with 1,238 shares changing hands. National Commercial Bank closed with a small gain with 50,000 shares trading to close at $30.11, the shares of 138 Students Living lost 5 cents in closing at $4.15 with 1,200,000 shares, 
the stock traded at an intraday low of $3.90, Pan Jamaican Investments traded 147,199 shares at $61.56 with a gain of 56 cents. Sagicor Group with 586,567 shares closed 14 cents higher at $13.15, Scotia Group ended with 286,773 shares trading at $3.52 after losing 48 cents, Scotia Investments lost 5 cents in ending at $26 while 32,475 shares traded, Seprod traded 19,000 shares at $15 for a gain of $1. Proven Investments traded 143,731 ordinary shares at 21 US cents, Jamaica Money Market Brokers 7.50% preference share traded 105,000 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 27,000 units at $2.65 for a gain of 8 cents.
Juniors at new high up 83% in 2015
The junior market index hit 1,300 points in the morning session with Lasco Manufacturing trading at new record high of $4, in the end the market closed at a new all-time closing high of 1,258.33 points having gained 28.34 points and is up 83 percent since beginning of the year.
A total of 6 stocks advanced, 2 declined as 12 securities traded while three new all-time highs were recorded at the close. The market ended with 2,129,727 units, valued at $6,574,896 changing hands.
At the close 4 securities ended with no bids to buy, while 5 had no stocks being offered for sale. A total of 8 stocks closed with bids higher than the last traded prices and one closed with a lower offer.
In trading, AMG Packaging closed gained 10 cents to close at $3.80 with 43,297 units changing hands, the stock price could be getting set to move up with only 15,000 units currently on offer. Blue Power traded 2,950 shares and closed at $12.50, Caribbean Cream had 935,530 shares changing hands at $3.18, as some selling came in for this stock. Offers are at $3.40 to sell 60,000 units, then 123,973 shares at $3.50 and small amounts up to $4.80. Caribbean Producers traded just 10,456 units with a gain of 9 cents to end at $2.59, Consolidated Bakeries had 4,444 units changing hands at $1.18 for a 3 cents gain, Honey Bun with 200,000 shares changing hands, closed with a loss of 73 cents at $3.65, KLE Group traded 61,990 units at 43 Cents, Lasco Distributors ended at a new record closing high of $2.93 with 112,915 units trading for a gain of 13 cents.
The price had been as high as $3.10 in early trading. Selling is at $2.93 and $3 and $3.20 for less than 1 million shares, buying is at $2.70 for a small quantity with small amounts at down to $2.57. Lasco Financial closed at $2.10 while trading 248,094 shares changing hands with a gain of 10 cents. Lasco Manufacturing traded 405,000 shares to end at $3.01 after falling by 50 cents. The vast majority of trading in Lasco Manufacturing took place at $3.55 and above, Medical Disposables traded 100,000 shares to close with a gain of 13 cents at $2.50, Paramount Trading had 5,051 units changing hands at $6.01.
3 stocks rise on TTSE
TCL hits a new high on Tuessday
At the close the Composite Index ending with a rise of 0.25 points at 1,146.63, the All T&T Index fell 0.09 to 1,946.47 and the Cross Listed Index advanced by 0.08 points to close at 45.51.
Gains|Sagicor Financial Corporation closed with 131,000 shares valued at $784,690 changing hands, to end at $5.99,after adding 4 cents, JMMB Group traded with a gain of 1 cent to end at 43 cents while 2,727 shares changed hands and Trinidad Cement ended with a gain of 1 cent to a 52 weeks’ high of $3.16 with 5,000 shares changing hands.
Losses| Massy Holdings traded only 3 shares, the price ended with a loss of 2 cents at $62.46.
Firm Trades| First Citizens Bank traded 2,276 shares and closed at $35, Grace Kennedy had 4,206 units changing hands at $3.60,
Guardian Holdings with 4,640 shares changing hands and closed at $13.12. National Enterprises with 2,000 shares changing hands to end at $16.74 and Republic Bank with 10,050 shares with a value of $1,125,594 trading to close at $112.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.
Junior market index touched 1,300 points
Lasco Manufacturing traded at a new high of $4 and pushed the junior market index 1,300 points in early trading but by 11am the price drifted down to $3.55 and the index was down to 1,161.69 and is up by 31.70 for another record over Monday’s close.
The JSE Market Index rose 237.68 points to 106,890.93. The JSE All Jamaican Composite index gained 265.63 points to 118,412.93, the JSE combined index rose 507.48 points to be at 112,187.67.
A total of 19 securities traded at 11 am with a volume of a mere 991,123 units, 11 stocks gained 5 declined.
J$ gave more ground on Monday
The Jamaica dollar lost more ground against all the three major counter path currencies it trades against on Monday. The equivalent of US$54,993,668 was bought by dealers, compared with US$46,945,905 on Friday, while they sold the equivalent of US$59,279,907 versus US$41,528,759 previously.
In US dollar trading , dealers bought US$49,143,690 compared to US$44,372,877 on Friday. The buying rate for the US dollar climbed 8 cents to $119.06 and US$56,411,806 was sold versus US$40,477,427 on Friday, the selling rate rose 5 cents to $119.47. The Canadian dollar buying rate slipped 18 cents to end at $89.06, with dealers buying C$1,530,791 and selling C$810,546, at an average rate that rose 33 cents to $91.42
The rate for buying the British Pound gained $1.32 to $180.24 for the purchase of £2,770,653, while £1,319,350 was sold, at an average rate that climbed $2.39 to $182.59. At the end of trading, it took J$135.59 to purchase the Euro, with a rise of $1 from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.07, for a gain of $1.23 from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$510,322 being bought, while US$231,334 was sold.
Highs & Lows| The highest buying rate for the US dollar lost 5 cents on Monday to end at $119.70, 
the lowest buying rate ended unchanged at $97.95, the highest selling added 11 cents to close at $125.62 and the lowest selling rate dived $18.06 to end at $97.94. The highest buying rate for the Canadian dollar slipped $1.96 to $91.70, the lowest buying rate rose 41 cents to be at $73.04, the highest selling rate gained 27 cents to end at $94.33 and the lowest selling rate climbed 50 cents to $88. The highest buying rate for the British Pound, rose 50 cents to end at $183.20. The lowest buying rate climbed 37 cents to $147.28, the highest selling rate jumped $2.97 to $189.87 and the lowest selling rate lost 20 cents to close at $176.30.
3 stocks fall on TTSE
Activity on the Trinidad & Tobago Stock Exchange on Monday ended with 10 securities trading, no stock closed higher, 4 declined and 6 remained unchanged as a total of 58,350 units traded, valued at $1,004,453.
At the close the Composite Index ending with a decline of 0.95 at 1,146.38, the All T&T Index fell 1.89 to 1,946.56 and the Cross Listed Index closed unchanged at 45.43.
Losses| Clico Investment Fund closed 1 cent lower at $22.50 with 8,400 shares changing hands, Guardian Media traded 1,804 shares, the price ended with a loss of 1 cent at $19.76. National Enterprises with 15,783 shares changing hands lost 2 cents, to close at a 52 weeks’ low of $16.75 and Point Lisas traded 1,876 shares to close with the loss of 1 cent at $3.95.
Firm Trades| Angostura Holdings with 22 shares changing hands, closed at $14, First Citizens Bank traded 2,967 shares and closed at $35, National Flour with 10,200 shares trading, closed at $1.96. Prestige Holdings ended with 1,697 shares changing hands at $9.90, Sagicor Financial Corporation closed with 10,751 shares changing hands, to end at $5.95 and Scotiabank closed with 4,850 shares changing hands unchanged at $62.50.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
JSE price changes fluid on Monday
NCB closed down sharply on Monday
Two junior market and 3 main market stocks ended at new 52 weeks’ closing high and 1 junior stock trading at 52 weeks’ intraday high. The main market indices enjoyed another day of decent gains. The JSE Market Index fell 6.27 points to 106,653.25, the JSE All Jamaican Composite index rose 7 points to 118,147.30 and the JSE combined index jumped 594.88 to end at 111,679.90 points.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13
stocks with bids higher than their last selling prices and 5 with offers that were lower.In trading, Cable and Wireless added 2 cents, with 792,712 shares changing hands to close at 60 cents, Caribbean Cement shot up to $9.90 with 66,761 shares changing hands for a 90 cents increase, Desnoes and Geddes jumped $1.96 to trade at $15.03 with 19,100 shares trading at a new 52 weeks high. Desnoes and Geddes closed with a bid to buy 10,000 units at $17.28, at $2.25 above the last traded price. Grace Kennedy ended with 1,000 shares trading at $64.50, with a gain of 50 cents. Jamaica Broilers closed at $7.10 with 283,284 shares changing ownership, for a gain of 60 cents, Jamaica Producers lost 15 cents in trading 77,628 shares at $18.50, Jamaica Stock Exchange gained 30 cents in closing at $7.50 with 143,900 shares changing hands.
Mayberry Investments traded 15,006 shares at $2.60 at the close with a gain of 25 cents, National Commercial Bank closed with a loss of $2.94 with only 4,025 shares trading to close at $30.05. 138 Students Living lost 20 cents in closing at $4.20 with 15,000 shares, Pan Jamaican Investments traded 8,000 shares at $61 with a loss of 99 cents. Radio Jamaica traded 3,056 shares to close at $4, for an 18 cents decline, Sagicor Group with 20,500 shares closed 9 cents lower at $13.01, Scotia Group ended with 13,099 shares trading at $24 after losing $1.64 and Sterling Investments gained 10 cents in ending at $13 while 8,200 shares traded.
Juniors break 1,200 up 79% for year
Lasco Financial traded at a new intraday high of $2.10.
In trading on Monday the index for the juniors jumped through the 1,200 points mark resistance with ease by adding 67.28 points for a gain of 5.79 percent to settle at a record 1,229.99 points. Caribbean Producers, Lasco Distributors and Lasco Manufacturing, with the latter two hitting new record highs, contributed most to the market’s gain. A total of 4 stocks advanced, 5 declined as 9 securities traded while three new all-time highs were recorded at the close. The market ended with 2,885,431 units, valued at $6,883,707 changing hands. The junior market index is up 79 percent compared with 41 percent for the main market since the start of 2015.
At the close 4 securities ended with no bids to buy, while 5 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, Blue Power traded 10,000 shares while losing $1 to close at $12.50, Caribbean Cream traded with a loss of 32 cents to end at $3.18 with 31,000 shares changing hands, some selling has come in for this stock with offers at $3.50 to sell 115,000 units 30,000 at $3.90 then at $4 and above to sell 144,000 shares. Caribbean Producers traded just 25,000 units with a gain of 40 cents to end at $2.50. Lasco Distributors closed at a new record high of $2.80 with 268,542 units trading for a gain of 30 cents. A total of 15,064 shares were on offer at $2.80 with the next set at $4 to sell 150,000 units, buying is at $2.55 for a small quantity. Lasco Financial had 1,724,201 shares changing hands to end at $2, with a gain of 5 cents, there was only one offer for 90,435 shares at the close at $3.80, bids were for a small amount at $2 and then at $1.90.
Lasco Manufacturing traded 440,788 shares to end at $3.51 after gaining 51 cents for a new all-time high, the stock had a bid to buy 24,000 shares at $3.51 with three offers between $3.60 and $5 to sell 555,000 shares. Medical Disposables traded 29,900 shares to close with a loss of 8 cents to end at $2.37, Paramount Trading had 6,000 units changing hands at $6.01 to lose 49 cents and Derrimon Trading preference share ended with 350,000 shares changing hands to end with a loss of 3 cents at $2.20.Trading in General Accident Insurance and Jamaican Teas took place at $2.10 and $3.95 respectively for 1,000 shares each, with less than an hour of trading left, the trades were cancelled at the close.
