Kingston Wharves jumped to close at $60 on Tuesday.
The All Jamaican Composite Index jumped 6,070.62 points to a record high of 356,437.50 in early trading, on the Jamaica Stock Exchange, on Tuesday, with Kingston Wharves jumping to a record high of $61 up from $53, NCB Financial that rise by $1 and Seprod climbing from $45 to $53.
With just 17 minutes of trading elapsing, the JSE Index was also reaching record high, jumping 5,531.02 points, to a record 324,754.83.
The market did not hold to the lofty highs reached in the early session and closed trading with the All Jamaican Composite Index climbing by a much lower 1,354.11 points to end at a closing record high of 351,720.99. and the JSE Index advancing by 1,233.75 points to finish at a closing record high of 320,457.56.
Strong gains by Caribbean Cement, JMMB Group, NCB Financial and Seprod overwhelmed declines in Grace Kennedy, Sagicor Real Estate Fund and Supreme Ventures to help propel the Indices to new highs.
Market activities resulted in 35 securities trading including 4 in the US dollar market compared to just 25 securities trading on Monday.
At the end of trading, the prices of 12 stocks rose, 13 declined and 10 closed trading unchanged. Stanley Motta closed with 2,211 units changing hands after falling 35 cents to close at an all-time low of $4.60 while Kingston Wharves jumped to a new record high of $60.
Trading in the main market ended with 5,240,001 units valued $81,075,944 compared to 1,995,601 units valued $33,005,256 on Monday.
The day’s volume was led by, JMMB Group 7.25% preference share with 1,500,000 shares accounting for 28.6 percent of the volume traded, followed by Radio Jamaica with 512,418 units and 9.8 percent of the day’s volume and Mayberry Jamaican Equities with 441,937 units and 8.4 percent of the main market volume.
Trading resulted in an average of 169,032 units for an average of $2,615,353, in contrast to 83,150 units valued at $1,375,219, on Monday. For the month to date an average of 220,691 units valued at $3,981,020 versus 224,098 shares valued at an average of $4,076,157 on Monday. July closed with an average of 169,022 units valued at $3,514,756, for each security traded.
Stocks with major price changes| Berger Paints ended at $18 after falling 75 cents trading 1,879 stock units, Carreras fell 29 cents in trading 231,542 units at $9.20, Grace Kennedy rose 49 cents and ended trading of 52,614 shares at $58.50, Jamaica Broilers traded at $25.00, with 51,837 stock units, Jamaica Producers jumped $1.50 and finished trading 41,039 units at $18, Jamaica Stock Exchange dipped 75 cents and closed at $7.50 exchanging 57,973 shares, Kingston Wharves jumped $7 to a record close of $60 with 59,336 stock units changing hands,
Mayberry Jamaican Equities fell 60 cents and settled at $9.40 trading 82,449 units, 138 Student Living finished with a gain of 28 cents at $4.29, with 2,900 stock units, Portland JSX dived $1.48 and ended at $8, with 350 units, Scotia Group lost 44 cents in trading 30,342 shares to close at $52.06, Supreme Ventures fell 40 cents and ended at $14.60, with 140,992 shares changing hands.
Trading in the US dollar market closed with 158,549 units valued at US$109,501. Trading ended with JMMB Group 6 % preference share completed trading at $1.06 trading 95,820 stock units, Margaritaville traded just 1,000 shares but lost 0.095 cents to close at 19 US cents, Proven Investments trading 4,450 shares and fell 1 cent to close at 22 US cents and Sygnus Credit trading 57,279 shares to close at 10 US cents, The JSE USD Equities Index gained 3.05 points to close at 169.08.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 5 closing with lower offers.
The average volume and value for the month to date amounts to 273,263 units at $1,335,149, compared to 269,588 units at $1,318,905 on the previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
Iron Rock concluded trading of 5,000 shares with a loss of 20 cents at $3.30, Jamaican Teas settled at $3.95, with 5,000 shares. Jetcon Corporation ended trading 84,527 stock units with a loss of 5 cents to end at $4, Knutsford Express closed with a loss of $1 at $11.50, with 5,648 shares changing hands, Lasco Distributors ended with a loss of 1 cent at $3.90, with 7,868 shares, Lasco Financial concluded trading 1,638,268 stock units at $5.60. Lasco Manufacturing finished at $3.86, with 3,935 units, Main Event settled at $7, in trading 30,439 shares, Stationery and Office finished trading 21,349 stock units and gained 20 cents to close at $8.85, and Sweet River closed 16 cents higher at $3.86, with 875 units. In the junior market preference segment, Derrimon Trading ended 2 cents higher at a 52 weeks’ high of $2.52, with 1,000 stock units changing hands.
The Trinidad & Tobago Stock Exchange ended trading on Tuesday with 13 securities changing hands against 9 on Monday, none advanced, 2 declined and 11 remained unchanged. 
Clico Investments ended at $20, with 2,037 stock units changing hands, First Citizens settled at $34.91, after exchanging 899 shares, Guardian Holdings completed trading at $17, with 146 units, JMMB Group traded down to $1.70 but concluded trading at $1.78, after exchanging 28,516 shares, Massy Holdings concluded at $47, after exchanging 2,085 shares, Republic Financial Holdings concluded at $103.50, after exchanging 1,580 shares, Sagicor Financial ended at $7.75, with 546 stock units changing hands, Scotiabank completed trading at $65, with 325 units, Trinidad & Tobago NGL settled at $30, after exchanging 3,031 shares and Trinidad Cement concluded at $2.90, after exchanging 2,000 shares
The stock worth watching this week is 
The Jamaica Stock Exchange surged sharply in early trading on Tuesday, with the 
Temperature on the Jamaica Stock Exchange was far more subdued in trading on Monday with both volume and value pulling sharply from Friday’s levels and leaving the two major indices down at the close. 
At the end of trading, the prices of 9 stocks rose, 12 declined and 4 closed trading unchanged. Stanley Motta closed with 2,211 units changing hands after falling 5 cents to close at an all-time low of $4.95.
Jamaica Producers rose 70 cents and finished trading 43,354 units at $18, Mayberry Investments fell 95 cents to settle at $7.05, in exchanging 6,993 shares. NCB Financial Group fell $1 and ended trading 12,713 shares at $109, Sagicor Group gained 40 cents and settled at $38.05, trading 6,713 stock units. Sagicor Real Estate Fund climbed $1 and closed at $12 exchanging 23,171 shares, Salada Foods gained 50 cents and ended trading 19,300 stock units at $18, Scotia Group traded 101,372 units at and closed $52.50, after adding 50 cents and Supreme Ventures lost 50 cents and ended at $15, in the trading of 17,810 shares.
The Junior Market, put in a strong showing in Monday’s trading session and closed with the market index jumping 46.92 points to close at 3,239.34, with 24 securities changing hands, down from 26 securities changing hands on Friday. 
Access Financial closed trading of 19,338 shares at $45, AMG Packaging rose 5 cents to close at $1.95, trading 3,424 stock units, Blue Power concluded trading of 9,672 units at $47, Caribbean Flavours traded 710 stock units at $16, Caribbean Producers finished trading of 60,350 units 11 cents higher to $6.90. Derrimon Trading ended $4 higher at $25, exchanging 18,909 shares, Dolphin Cove concluded trading at $17, with 1,100 shares being exchanged, Elite Diagnostic gained 10 cents to end at $3.10, with 26,004 stock units changing hands, Eppley settled at $10.18, trading 7,800 units. Everything Fresh gained just 1 cent in trading 65,426 shares and ended at $2.21, Express Catering ended trading 22,033 shares and lost 30 cents to end at $8, FosRich Group traded 50,000 shares with a loss of 5 cents at $2.95, General Accident finished trading 185,258 shares and rose 5 cents to $3.85, GWest Corporation closed 10 cents higher at $2.10, in exchanging 30,756 stock units. 
Indies Pharma pulled back 4 cents in trading 539,221 shares to end at $2.50, Jamaican Teas settled with a loss of 30 cents at $3.95, trading 9,000 shares, Jetcon Corporation rose 4 cents to $4.05, in trading 42,069 stock units, KLE Group finished trading of 6,200 shares at $3, Lasco Distributors ended 6 cents higher at $3.91, with 12,000 shares changing hands. Lasco Financial concluded trading of 4,783 stock units and lost 30 cents to end at $5.60, Lasco Manufacturing finished 1 cent higher at $3.86, with 1,013,663 units changing hands, Main Event settled at $7, exchanging 9,692 shares, Stationery and Office finished trading 2,000 stock units and rose 5 cents to $8.65 and tTech ended with a loss of 43 cents at $5.07, with 9,900 shares changing hands.
The Trinidad & Tobago Stock Exchange ended trading on Monday with 9 securities changing hands against 14 on Friday, 1 advanced, 2 declined and 6 remained unchanged. 
hands and Trinidad & Tobago NGL shed 1 cent and settled at $30, after exchanging 38,368 shares.
The bullishness continued on Jamaica Stock Exchange, driving the main market to more record highs and hitting more than 352,000 points on Friday, while the Junior Market traded at a 15 months’ high. 
General Accident has been at the top of the Junior Market list for a long time, enjoyed a bounce in the price to $3.80 by the end of the week, helped by half year results that showed profit rising from $8 million in 2017 to $95 million in the half year, with the quarter up from a loss of $9 million to a profit of $66 after tax. IC Insider.com also down graded earnings for the full year to 45 cents per share and the stock now sits at 6th spot in the list. The PE is just 8.4 and will go higher.
Work done by IC Insider.com suggests that the PE ratio is likely to end 2018 around 16 or 17 times earnings, as investors continue to gradually upgrade the multiple they are prepared to pay for stocks, which would lift prices sharply over the next several months from current levels. In addition, the latest Treasury bill offer saw rates dropping to 1.7 percent on the 91 days instrument and 1.88 percent on the 182 days instrument. These rates suggest more funds will be going into stocks as liquidity remains high.
Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.
The records kept on Jamaica Stock Exchange just kept on being broken on Friday as the All Jamaican Composite Index climbed to intraday high 352,806.34 as the market chalked no less than 9 record highs during trading. 
Trading resulted in an average of 139,302 units valued at an average of $2,772,600 for each security traded, in contrast to 107,694 units valued at an average of $2,020,709 on Thursday. For the month to date an average of 231,683 shares valued at an average of $4,230,129 versus 237,871 shares valued at an average of $4,333,974 on Thursday. July closed with an average of 169,022 units valued at $3,514,756, for each security traded.
Portland JSX fell 52 cents to end at $9.48, trading 5,000 units, Sagicor Group lost 35 cents and settled at $37.65, with 78,045 shares trading. Sagicor Real Estate Fund dropped $1.84 and settled at $11, exchanging 726,521 shares, Salada Foods gained 75 cents and ended trading 4,223 stock units to close at $17.50, Scotia Group fell 30 cents to $52.00, after trading 95,271 units, Seprod jumped $5 and finished trading 23,700 shares at $45, Supreme Ventures lost 49 cents and ended at $15.50, in the trading of 52,446 shares and Stanley Motta closed with 3,000 units changing hands after falling 31 cents to close at an all-time low of $5.
