
Trading in NCB’s shares helped to push the JSE to a record close on Tuesday.
At the close of trading the All Jamaica Composite Index climbed 369.13 points to close at a new closing high of 193,048.81 with the year to date gains at 16 percent. The JSE Market Index rose 378.06 points to finish at 173,661.75, a new closing high and the JSE combined index gained 229.67 points to end at 185,785.84 with a gain for the year to date of 18 percent.
At the close with 7,367,774 units valued at $196,760,012 changed hands, compared to 748,476 units valued at $7,664,842 changing hands on Monday.The junior market accounted for 215,605 units trading valued at $946,789 of the stocks traded.
The average trade for the day in the main market ended at 376,430 and 230,425 units month to date. On Monday, an average of 35,184 units traded and for the month to date, 84,420 units, in comparison the average for the October was 220,811 units.
The market closed with 33 securities trading as the prices of 13 gained while 14 declined in the overall market, including 6 stocks rising and 6 falling, in the junior market.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and just 2 with lower offers.
In market activity, Barita climbed 45 cents in trading 10,000 shares to end at $4.95, Cable & Wireless lost 1 cent to close at 78 cents with 130,610 units trading, Carreras exchanged 440,140 shares at $66 to gain 50 cents, Grace Kennedy ended trading 17,960 units at $40.06. Jamaica Broilers rose 4 cents and closed at $14.99 with 8,205 shares changing hands, Jamaica Producers lost 15 cents and closed at $8.20 with 264,007 shares changing owners. Jamaica Stock Exchange traded 20,600 shares at $5.69, JMMB Group closed trading with 515,685 shares to end with a decline of 35 cents at $13.65,
National Commercial Bank dropped $2.80 to end at $49.20 with 2,480,934 shares trading, PAN JAM Investments traded 102,200 shares but lost 64 cents to end at $24. Sagicor Group had 327,527 shares changing hands and rose 89 cents to close at $25, Scotia Group lost 30 cents in trading 135,304 shares to close at $31.21, Seprod gained $1 in trading 246,492 shares to end at $27. Supreme Ventures lost 15 cents in trading 2,014,900 shares at $4.80, Proven Investments ordinary share traded 7,252 units and ended at 19.49 US cents and Jamaica Money Market Brokers 7.50% preference share traded 425,478 units at $2.10.

While the investment bank reported 54 cents per share for the full year to September, earnings from ongoing operations is more like 65 cents per share. Most importantly, the information that says the stock is an outstanding buy candidate, is the quality of the final quarter results, with strong growth in fee income and net interest income and less reliance on investment and foreign exchange gains. The final quarter results, suggest earnings should end up around $1.50 in 2017.
The average trade for the day in the main market ended at 76,063 and 133,657 units month to date. On Thursday, an average of 282,822 units traded and for the month to date, 191,250 units, in comparison the average for the October was 220,811 units.
Jamaica Stock Exchange slipped 1 cent and ended at $5.69 after trading 13,110 shares, JMMB Group closed trading with 213,827 shares to end with a fall of 70 cents at $13.80, Mayberry Investments traded 45,100 shares to close at $3.90, after rising 15 cents, Investors bought 34,029 shares of 138 Student Living at $5. Pan Jamaican Investment (soon to become PANJAM Investment limited with shareholders approving the name change) gained 94 cents and closed at $24.64 after trading 220,798 shares, Radio Jamaica lost 2 cents in trading 14,228 shares at $1.30, Sagicor Group had 160,519 shares changing hands and rose 49 cents to close at $24.50. Scotia Group recovered 20 cents in trading 62,835 shares to close at $31.50, Seprod jumped $1.57 in trading 2,200 shares to end at $27.40. Proven Investments ordinary share traded 72,952 units and ended at 19.50 US cents and JMMB Group 7.50% preference share lost 1 cent in trading 30,100 units at $1.08.

The market closed with 35 securities trading as the prices of 13 gained while 13 declined in the overall market, including 4 stocks rising and 5 falling, in the junior market.
Jamaica Stock Exchange ended at $5.70 after trading 396,314 shares, JMMB Group close trading with 287,849 shares to end with a gain of 50 cents at $14.50, Mayberry Investments traded 9,925 shares to close at $3.75. Pan Jamaican Investment (soon to become PanJam Investment limited with shareholders approving the name change) gained 90 cents and closed at $23.70 after trading 9,780 shares, Portland JSX traded 9,100 units with the price recovering 79 cents to $11, for an all-time low. Radio Jamaica lost 2 cents in trading 30,611 shares at $1.30, Sagicor Group had 35,900 shares changing hands and fell 9 cents to close at $24.01, Scotia Group shed 20 cents in trading 33,025 shares to close at $31.30, Seprod dropped $1.67 in trading 3,033 shares to end at $25.83. Proven Investments ordinary share traded 16,060 units and ended at 19.50 US cents, JMMB Group 7.50% preference share lost 1 cent in trading 517,006 units at $1.08.

The average trade for the day in the main market ended at 125,962 and 117,386 units month to date. On Tuesday, an average of 90,548 units traded and for the month to date, 99,679 units, in comparison the average for the October was 220,811 units.
Jamaica Stock Exchange rose 19 cents and ended at $5.70 after trading 71,432 shares, JMMB Group close trading with 289,634 shares to end at $14, Mayberry Investments rose 10 cents in trading 35,604 shares to close at $3.75, National Commercial Bank ended with just 2,200 shares changing hands but fell back $4 to $49. Trading in the shares of 138 Student Living ended in 53,200 units changing hands at $5, Pan Jamaican Investment fell 85 cents and closed at $22.80 after trading 40,782 shares, Portland JSX traded just 1,000 units with the price falling 79 cents to $10.21, for an all-time low. Sagicor Group had 117,831 shares changing hands and fell 89 cents to close at $24.10, Sagicor Real Estate Fund closed at $10.23 with 21,237 units switching owners, Scotia Group gained 29 cents in trading 75,089 shares to close at $31.50, Seprod rose 20 cents in trading 82,367 shares to end at $27.50. Proven Investments ordinary share traded 15,255 units to end at 19.50 US cents compared to 19.97 US cents on Tuesday, JMMB Group 7.50% preference share gained 1 cent in trading 1,251,688 units at $1.09 and Jamaica Money Market Brokers 7.50% preference share ended in trading 401,986 units at $2.10.
Barita Investments traded 107,628 shares at $4.20, Jamaica Stock Exchange had 86,100 shares down at $5.50, JMMB Group had 170,200 shares changing hands at $14, Kingston Wharves exchanged 40,000 units at $18.51, National Commercial Bank traded shares at 52,966 shares at $46.01 and Sagicor Group had 120,786 units trading at $24. In the junior market Caribbean Cream fell to $7 while trading 67,195 units, Consolidated Bakeries traded 200,000 shares and slipped to $2.20, Lasco Distributors had 50,282 units at $6.90, Lasco Manufacturing has so far traded 108,900 units at $4.90 and tTech trades 110,428 shares at $5.10.
of $3 for the year is on target. The other stocks have held their respective places but with Jetcon price rising during the past week to $5 from $4.51.
Thursday with the Jamaica Stock Exchange saw the main market indices falling and the junior market inching up after 75 minutes of market activity.
The main market of the Jamaica Stock Exchange that retreated sharply on Thursday, recovered the loss and went on the record a new high, with the All Jamaica Composite Index surging 3,719.22 points to close at an all-time high of 189,308.34, bringing the year to date gains to 13.1 percent.
The average for the October was 220,811 units.
JMMB Group traded 16,889 shares and lost 20 cents, to end at $14, Kingston Wharves traded 1,735 shares and closed at $17.19, Mayberry Investments rose 35 cents and ended with 2,734 shares trading at the close at $4. National Commercial Bank rose 26 cents in trading 12,030 shares to close at a new 52 weeks’ high of $45.25, Pan Jamaican Investment lost 20 cents and closed at $22.80 after trading 298,100 shares, Sagicor Group had 1,130 shares changing hands and rose 68 cents to close at $23.18. Scotia Group climbed $1.35 in trading 496,267 shares to close at $32.40, Seprod traded 2,000 shares to end at $24.15, Proven Investments traded 34,300 units at 19.90 US cents and Sterling Investments rose $1.45 cent and traded just 300 units to close at a 52 weeks’ high of $15.50. 
The average trade for the day in the main market ended at 330,400 and month to date 312,605 units. On Tuesday, an average of 294,810 units traded. The average for the October was 220,811 units.
Jamaica Stock Exchange rose 26 cents and ended at $27.50 while trading 41,833 shares. JMMB Group traded just 670 shares and rose 49 cents to end at $13.99, Kingston Wharves traded 6,740 shares to close at $17.50, Mayberry Investments fell 23 cents and ended with 34,383 shares trading at $3.65, National Commercial Bank rose 80 cents in trading 28,240 shares to close at $44.50. Radio Jamaica gained 5 cents and closed at $1.45 after trading 5,000 shares, Sagicor Group had 77,084 shares changing hands and jumped $1.50 to close at $23.50. Scotia Group jumped $1.48 in trading 438,863 shares to close at $32.98, Supreme Ventures traded 7,196,635 shares to end at $5, Proven Investments traded 88,291 units at 19.89 US cents down from 20 US cents and JMMB Group 7.50% preference shares rose 1 cent and traded 80,500 units at $1.09.