Price changes hard to find on TTSE
At the close of the market, the Composite Index lost 0.19 points to close at 1,160.99, the All T&T Index was unchanged at 1,968.22 and the Cross Listed Index fell by a mere 0.05 points to end at 46.43.
Gains|, Unilever Caribbean traded 100 shares and gained 2 cents to close at a new high of $66.38 and is the only stock gaining at the close.
Declines| National Commercial Bank declined 1 cent to end the day at $1.79 while trading only 2,664 units and One Caribbean Media traded 868 shares, 1 cent lower at $22.42.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA Mcal with 970 shares changing hands and ended at $67.25. CLICO Investment Fund traded just 400 units in closing at $22.57, First Citizens Bank with 18,656 shares trading for $666,952, closed at $35.75, Grace Kennedy contributing just 2,000 shares to close at $3.53 while Guardian Holdings added 1,000 shares to end at $14. Guardian Media trading 7,492 shares closed at $19.76, JMMB Group added 3,663 shares at 45 cents each. Massy Holdings traded 359 shares to close at $64.35, Sagicor Financial Corporation traded 300 shares, to close at $6.30, Scotiabank trading only 50 shares to close 1 cent higher at $62.16 and Trinidad Cement with 301,515 shares changing hands for a value of $874,394, closed at $2.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.
JSE main market down in early trading
After an hour and fifteen minutes of trading on the Jamaica Stock Exchange on Tuesday, the main market indices are down but the junior market is up moderately with the prices of 12 stocks gaining, and only 4 declining as 24 securities traded including 3 in the junior market with total volume of stocks trading at 1.39 million units.
Cargo Handlers traded 1,100 shares at a new high of $25 with a gain of $1, Pan Jamaican Investment traded 57,080 shares 50 cents higher at $64, Proven Investments traded 303,259 units at US 22 US cents.
TheJSE Market Index lost 150.34 points to 97,288.64 the JSE All Jamaican Composite index fell 169.04 points to 107,681.49 at and the JSE combined index gave up 112.24 points to 100,147.30, the junior market index added 3.25 points to 929.35.
J$ gains value on Monday
The Jamaican dollar gained ground on Monday against the US and Canadian dollars and the Pound as dealers bought the equivalent of US$38,566,283 compared with US$31,243,493 on Friday, while they sold the equivalent of US$33,558,404 versus US$30,952,352 previously.
In US dollar trading, dealers bought US$35,549,329 compared to US$27,235,624 on Friday. The buying rate for the US dollar declined 11 cents at $115.96 and US$31,984,474 was sold versus US$28,289,318 on Friday, the selling rate fell 1 cent to $116.65. The Canadian dollar buying rate dropped $1.28 to $92.38 with dealers buying C$942,773 and selling C$649,533, at an average rate that fell 2 cents to $95.08. The rate for buying the British Pound gained 22 cents to $181.15 for the purchase of £1,348,215, while £578,473 was sold, at an average rate that dropped $2.09 to $184.57. At the end of trading, it took J$132.16 to purchase the Euro, 74 cents less than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.53 for 62 cents less than Friday’s rate. Other currencies bought, amounted to the equivalent of US$159,912, while the equivalent of US$129,218 was sold.
Highs & Lows| The highest buying rate for the US dollar climbed $2.31 to $120.51 the lowest buying rate rose $2.61 to $95.61, the highest selling rate remained at $122.52 and lowest selling rate lost 25 cents $95.36. The highest buying rate for the Canadian dollar declined 30 cents to $95.20, the lowest buying rate ended 53 cents higher at $75.65. The highest selling rate was up 27 cents to $98.17 and the lowest selling rate fell 60 cents to $91.15. The highest buying rate for the British Pound, dipped 47 cents to $184.60, the lowest buying rate dropped 83 cents to $148.24, with the highest selling rate falling $1.07 to $191.10 and the lowest selling rate eased $1 to $178.60.
JSE ekes small gain Monday
Activity on the Jamaica Stock Exchange, resulted in the prices of 11 stocks rising,11 declining as 31 securities changed hands, ending in 2,308,869 units trading, valued at $12,795,656, and 4 stocks closing at new 52 weeks’ high, in all market segments.
The JSE Market Index added 56.80 points to 97,438.98, theJSE All Jamaican Composite index rose 63.48 points to close at 107,849.53 and the JSE combined index gained 124.65 points to end at 100,259.54.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading Cable & Wireless ended with 204,187 units changing hands I cent higher at the close at 45 cents but traded as high as high as 48 cents. Caribbean Cement ended with 173,958 units trading, but lost 35 cents to end at $5.50, Desnoes & Geddes traded 28,187 shares and lost 5 cents in closing at $7.56, Jamaica Broilers had 9,768 shares changing hands and fell 55 cents to end at $5.45, JMMB Group traded unchanged at $7.50 after 237,117 units changed hands. National Commercial Bank traded 94,083 shares and lost 5 cents in closing at $29.45, Sagicor Group ended with 94,279 shares being active, fell 20 cents to end at $12.40, Scotia Group struggles to recover with 36,944 shares closed unchanged at $23.15. Proven Investments ordinary share traded 51,000 units and declined 3 cents to 19 US cents, Jamaica Money Market Brokers 7.50% preference share traded 243,400 units at $2 and Proven Investments 8% preference share had 10,100 units traded and lost 1 cent in closing at a 52 weeks’ low of $4.99.
3 new highs for junior market
At the close of the market, there were 4 stocks with bids higher than their last selling prices, 2 with lower offers and 5 securities closing with no bids to buy and 6 that had no stocks being offered for sale.
Stocks trading in the junior market are, Blue Power closing with 659 shares trading at $10.51, after being as high as $11.60 for a new 52 weeks’ high. Caribbean Cream finishing with 60,000 units to close with a gain of 10 cents at $1.70, Caribbean Flavours trading 200,000 shares and ended 25 cents higher at $2.55, Dolphin Cove finishing trading with only 400 shares to gain 50 cents to end at a new 52 weeks’ high of $12.50. Knutsford Express closing with 829 shares changing hands, 5 cents higher at $6.10 for a new 52 weeks’ high, Lasco Financial Services finishing trading with 662,171 units. The price slipped 15 cents to $1.80 after trading as high as $2, Lasco Manufacturing had 38,773 shares changing hands at $1.40, Medical Disposables contributed 11,240 shares with the price rising 5 cents, to $2.30 and Derrimon Trading 11.75% preference ended trading with 120,000 units at $2.50.
TTSE continues to mark time
Trading on the Trinidad Stock Exchange after it closed on Friday for a public holiday ended with 8 securities changing hands of which advanced, declined and traded firm with a total of 140,193 units, valued at $4,558,611.
At the close of the market, the Composite Index lost 0.19 points to close at 1,161.18, the All T&T Index fell by just 0.50 points to close at 1,968.22 and the Cross Listed Index increased by a mere 0.02 points to end at 46.48.
Gains| Stocks increasing in price at the close are, ANSA Mcal with 60,125 shares trading, valued at $4,043,406 and gained 9 cents, to end at $67.25 and Scotiabank trading only 50 shares to close 1 cent higher at $62.16.
Declines| West Indian Tobacco was the sole stock to decline, falling 50 cents to end the day at $125.50 while trading only 23 units.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Grace Kennedy contributing just 2,000 shares to close at $3.53, while Guardian Holdings added 1,000 shares to end at $14. Guardian Media trading 126 shares closed at $19.76, Massy Holdings traded 50 shares close at $64.35 and Sagicor Financial Corporation traded 76,819 shares valued at $482,444, to close at $6.30.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.
JSE gains in early trading
After an hour of moderate trading on the Jamaica Stock Exchange on Monday, the main and junior markets are up with the prices of 7 stocks gaining, and only 1 declining as 14 securities traded including 4 in the junior market with total volume of stocks trading at 424,950 units.
Lasco Financial Services traded 302,171 units back at $2 and gained 5 cents in the process, Grace gained 54 cents to $63.90 and Desnoes and Geddes is up 29 cents to $7.90.
The JSE Market Index gained 367.88 points to 97,750.06 the JSE All Jamaican Composite index rose 411.19 points to 108,197.24 at and the JSE combined index that gained 361.42 points to 100,496.31, the junior market index lost 1.61 points to 919.87.
J$ mostly down in value on Friday
The Jamaican dollar suffered losses on Friday against the US dollar and the Pound, the euro and gained on the Canadian dollar. Dealers bought the equivalent of US$31,243,493 compared with US$24,746,899 on Thursday, while they sold the equivalent of US$30,952,352 versus US$27,237,059 previously.
In US dollar trading, dealers bought US$27,235,624 compared to US$19,916,588 on Thursday. The buying rate for the US dollar rose 20 cents at $116.07 and US$28,289,318 was sold versus US$22,177,217 on Thursday, the selling rate rose 11 cents to $116.66. The Canadian dollar buying rate dropped $1.19 to $93.65 with dealers buying C$1,262,421 and selling C$1,264,620, at an average rate that fell 84 cents to $95.10. The rate for buying the British Pound declined 85 cents to $180.93 for the purchase of £1,851,088, while £953,554 was sold, at an average rate that rose $2.94 to $186.66. At the end of trading, it took J$132.90 to purchase the Euro, $2.04 more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.14 for $2.11 more than Thursday’s rate. Other currencies bought, amounted to the equivalent of US$103,899, while the equivalent of US$106,323 was sold.
Highs & Lows| The highest buying rate for the US dollar climbed $1.35 to $118.20, the lowest buying rate dropped $2.36 to $93, the highest selling rate rose 33 cents to $122.52 and lowest selling rate added 25 cents $95.61. The highest buying rate for the Canadian dollar declined 45 cents to $95.50, the lowest buying rate ended 17 cents higher at $75.12. The highest selling rate was up 2 cents to $97.90 and the lowest selling rate climbed $1.25 to $91.75. The highest buying rate for the British Pound, dipped 8 cents to $185.07, the lowest buying rate jumped $2.82 to $149.07, with the highest selling rate climbing $3 to $192.17 and the lowest selling rate jumping $3.60 to $179.60.
Trading picked up on junior market
At the close of the market, there were 2 stocks with bids higher than their last selling prices, 2 with lower offers and 5 securities closing with no bids to buy and 6 that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial lost 35 cents to close at $15.50 while trading 100 shares, AMG Packaging ending with 1,233 shares changing hands to close unchanged at $3.16, Caribbean Flavours closed with16,581 shares trading at $2.30, while gaining 21 cents. Caribbean Producers with 76,978 shares trading, ended lower by 12 cents to $2.88, Consolidated Bakeries finishing trading with 33,200 shares, the price inched up 1 cent to a 52 weeks’ high of $1.18 at the end.
Dolphin Cove closed trading with 11,167 shares at a new high of $12 after gaining 50 cents, General Accident Insurance concluded trading with 10,590 shares changing hands to close 11 cents higher at $1.67. Jamaican Teas closed trading with 47,930 shares and gained 48 cents for a 52 weeks’ high of $4. Lasco Distributors traded 18,564 shares, 3 cents lower at $1.65, Lasco Financial Services in trading with 432,000 units, gained 5 cents to end at $1.95, Lasco Manufacturing in trading 14,349 shares, ended 8 cents higher at $1.40, but closed with an offer to sell at $1.37 and Paramount Trading ended with 123,959 shares changing hands with an increase of 11 cents to $5.11.