Palace jumped $300 back to $1,300 on small volume.
Trading activity was moderate on the main market on Friday, but the market gained much ground to recover a major portion of losses incurred since closing at record high on the previous Friday.
The main market closed with 3,690,667 units valued at $51,637,707 trading from 27 securities changing hands, resulting in 11 securities rising, 5 falling and 9 trading. There were three new intraday highs, with PanJam Investment closing at a new high of $46.01. Jamaica Broilers and Supreme Ventures traded at intraday highs of $22 and $13.50 respectively before pulling back by the close of trading.
The JSE All Jamaican Composite Index jumped 2,341.33 points to 330,728.92 and the JSE Index climbed 2,133.22 points to 301,331.41.
In market activity, Barita Investments rose by 50 cents and closed at $11.50, with 4,564 shares, changing hands, Berger Paints closed at $20 with 6,431 units trading, Carreras lost 20 cents and ended at $10.40, with 75,013 stock units, Caribbean Cement concluded trading at $40.05, after jumping $4.55 with 100,591 units, changing hands, Ciboney Group finished at 11 cents, with 402,832 shares, Grace Kennedy settled at $49, with 16,778 shares. Jamaica Broilers ended trading at $20.80, with 6,639 shares, after trading at an intraday high of $22. Jamaica Producers traded at $16.50, with 17,858 stock units, Jamaica Stock Exchange fell 14 cents and finished trading at $6.86, with 25,000 units, JMMB Group jumped $1 to close at $28, with 69,179 shares. Kingston Properties ended at $6.65, with 4,600 shares, Kingston Wharves concluded trading at $48.61, with 9,370 shares, after declining 29 cents, Mayberry Investments lost 9 cents and finished at $6.21, with 39,950 stock units, NCB Financial Group ended down by $1.25 to $95, with 71,713 shares changing hands, Palace Amusement ended trading after posting a $300 jump to $1,300, with just 104 shares. 
PanJam Investment gained just 1 cent to trade at a 52 weeks’ high of $46.01, with 5,000 shares, Pulse Investments fell 3 cents and closed at $1.75, with 40,150 stock units, Radio Jamaica rose 11 cents and ended at $1.20, with 74,597 units, Sagicor Group lost 26 cents and concluded trading at $38.02, with 31,526 shares. Salada Foods rose 1 cents and finished at $11.26, with 5,000 shares, Scotia Group added just 1 cents to settle at $50.01, with 325,267 shares after dropping $3.98, Seprod rose just 1 cent and ended trading at $35.01, with 2,500 stock units, Supreme Ventures traded at an intraday record high of $13.50 but finished trading up 1 cent at $12.21, with 89,182 shares. Victoria Mutual Investments lost 9 cents to close at $4.30, with 723,173 shares and Wisynco Group fell 30 cents and ended at $10, with 1,214,450 shares. In the main market preference segment, JMMB Group 7.25%concluded trading at $2.10, with 324,200 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Big recovery for JSE main market – Friday.”
At the close of Friday, the average PE ratio for Junior Market Top stocks ended at 6 compared to an average PE for the overall main market of 10 based on 2018 estimated earnings. The main market PE is 7.3 for the top stocks, compared to a market average of 13.
The Stocks to Watch this week are Stationery and Office Supplies that should release first quarter results early this week with profits that could double over the 2017 first quarter. It should be interesting to see how investors treat with the lack of supplies for Barita and Berger while Palace could jump in price with continued success of movies now being shown. 
Grace Kennedy ended trading at $49, with 40,820 shares, Jamaica Broilers traded at $20.49, with 1,570 stock units. Jamaica Stock Exchange last 5 cents and closed at $6.80, with 22,500 shares, JMMB Group fell 99 cent and ended at $26.01, with 124,624 shares, Kingston Properties concluded trading at $6.65, with 12,801 shares, Kingston Wharves gained 85 cents to finish at $48.90, with 7,735 stock units. Mayberry Investments lost 13 cents in settling at $6, with 23,702 units traded, NCB Financial Group climbed $1 and ended trading at $99.95, with 189,977 shares, 1834 Investments traded at $1.16, with 440,607 shares, PanJam Investment rose 55 cents and closed at $45, with 17,145 stock units. Portland JSX ended at $10, with 57,715 units, Radio Jamaica finished at $1.10, after rising 2 cents with 142,000 shares, Sagicor Group jumped $4 and settled at $42, with 53,733 shares and Sagicor Real Estate Fund gained 50 cents to close at $15, with 12,628 shares, Scotia Group added 25 cents to trade at $50, with 506,317 units changing hands. 
Seprod finished trading at $35, with 3,100 shares, Sterling Investments closed at $13, with 2,025 shares trded, Supreme Ventures rose 35 cents nd ended at $12.20, with 14,890 shares, Victoria Mutual Investments concluded trading at $4.25,fter declining 5 cents with 497,877 stock units trading and Wisynco Group rose 13 cents and finished at $10.68, with 1,188,978 units. In the main market preference segment, Jamaica Money Market 7.5% traded unchanged at $2, with 1,280 stock units, JMMB Group 7.25% concluded trading at $1.50, with 1,100 shares, JMMB Group 7.5% finished at $1, with 841,700 stock units, changing hands.
Trading resulted in an average of 1,702,441 units valued at over $150,553,328, in contrast to 650,552 shares valued at $5,926,121 on Wednesday. The average for the month to date is 765,133 shares with a value of $49,857,592 and previously 333,972 shares with a value of $3,537,553. In contrast, April closed with an average of 708,206 shares with a value of $6,395,518 for each security traded.
PanJam Investment rose 25 cents and closed at $44.45, with 16,280 stock units, Radio Jamaica rose 1 cents and finished at $1.08, with 108,713 shares, Sagicor Group settled at $38, after falling 50 cents with 91,191 shares and Sagicor Real Estate Fund lost 50 cents and settled at $14.50, with 22,460 shares. Scotia Group lost 25 cents and closed at $49.75, with 82,208 units. Sterling Investments closed at $13.00, with 522 shares, Supreme Ventures fell 15 cents and ended at $11.85, with 148,791 shares, Victoria Mutual Investments rose 4 cents and concluded trading at $4.30, with 166,533 stock units and Wisynco Group rose 5 cents to settle at $10.55, with 1,606,426 units.
Investors pushed the main market of the Jamaica Stock Exchange to record highs on Monday and closing April at a record high after ending with 6 closing record highs, during the month. 
Jamaica Broilers finished trading at $21, with 2,612,575 units, Jamaica Producers closed at $16.99, with 55,324 shares, Jamaica Stock Exchange lost 5 cents and ended at $6.80, with 44,641 shares, JMMB Group concluded trading at $26.87, with 44,847 shares after slipping 11 cents. Kingston Wharves jumped $1.95 to close at $50, with 2,346 units, Mayberry Investments gained 18 cents and ended trading at $6.20, with 5,000 shares, NCB Financial Group traded at $97, with 44,744 shares, 1834 Investments added just 1 cents and finished trading at $1.16, with 13,000 shares. PanJam Investment ended 25 cents higher at $44, with 25,274 units, Portland JSX lost 40 cents and concluded trading at $10, with 15,830 shares, Pulse Investments slipped 1 cent and finished at $1.78, with 9,000 shares, Radio Jamaica rose 2 cents and settled at $1.07, with 33,090 shares. Sagicor Group ended trading at $37.60, with 1,073,450 stock units and Sagicor Real Estate Fund rose 30 to $15.30, with 17,936 stock units. 
Scotia Group finished trading at $50, with 608,581 shares traded, Seprod rose 76 cents and concluded trading at $34.99, with 2,700 stock units, Supreme Ventures gained 13 cents and settled at $11.70, with 1,089,028 shares. Victoria Mutual Investments gained 5 cents and ended trading at $4.25, with 194,155 shares, Wisynco Group traded with a gain of 16 cents at $10.85, with 1,382,174 shares. In the main market preference segment, Jamaica Money Market 7.25% lost 5 cents and ended trading at $2.50, with 1,800 shares, Jamaica Money Market7.5% traded at $1.92, with 2,138 stock units, JMMBC 7.25% ended rose 10 cents to $2.10, with 50,000 shares, Proven Investments 8.25% rose 90 cent and closed at $5.90, with 712,300 stock units changing hands.
The latest results from 
Resistance for the stock price is just over $31 an area investors should be on the lookout for, in the short run. 
The main market PE is 7.2 for the top stocks, compared to a market average of 13.
Jamaica Broilers traded with a rise of 50 cents at $21, exchanging 44,397 stock units, Jamaica Producers climbed 49 cents and finished trading 8,514 units at $16.99, Jamaica Stock Exchange closed at $6.85, with 51,818 shares. JMMB Group gained 48 cents and ended at $26.98, with 77,600 shares, Kingston Properties spiked $1.39 to conclude trading at $6.64, with just 840 shares, Kingston Wharves finished with a fall of $1.45 to $48.05, trading 100,791 stock units, Mayberry Investments settled at $6.02, with 82,641 units changing hands. NCB Financial Group ended trading with a rise of $2 to $97, with 92,006 shares, with investors responding positively to the six months results. Portland JSX jumped $1.89 and ended at $10.40, with 82,924 units after the company posted a profit for 2018. 
Pulse Investments concluded trading at $1.79, with 1,085 shares, Sagicor Group settled at $37.60, with a rise of 10 cents after 4,907,816 shares traded and Sagicor Real Estate Fund settled at $15, with 20,000 shares. Scotia Group lost 50 cents to trade at $50, with 202,000 units, Seprod fell 77 cents and finished trading at $34.23, with 58,738 shares, Supreme Ventures lost 18 cents and ended at $11.57, with 297,625 shares, Victoria Mutual Investments concluded trading at $4.20, after losing 10 cents with 227,874 stock units and Wisynco Group finished at $10.69, up 19 cents with 8,307,655 units changing hands. In the main market preference segment, JMMB Group 7.5% finished at 99 cents, with 10,590 stock units changing hands.
Trading on the Main Market of the Jamaica Stock Exchange on Thursday as 24 securities changed hands, resulting in 6,955,242 units valued at $271,269,169 trading. 
JMMB Group fell 75 cents and ended at $26.50, with 120,688 shares, Kingston Wharves jumped of $3.50 to $49.50, trading 3,418 stock units, Mayberry Investments settled for a fall of 3 cents at $6.02, with 17,367 units changing hands. NCB Financial Group ended trading with a fall of $1.50 to $95, with 2,259,648 shares, PanJam Investment lost 25 cents in exchanging 190,902 shares at $43.75. Radio Jamaica ended with 10,077 shares trading at $1.05, Sagicor Group settled at $37.50, after 33,966 shares traded and Sagicor Real Estate Fund settled at $15, with 1,000 shares. Salada Foods traded 30,900 shares at $11.20, 
Scotia Group lost $1.49, to trade at $50.50, with 69,878 units, Supreme Ventures ended at $11.57, with 44,591 shares, Victoria Mutual Investments concluded trading at $4.30, after rising 24 cents with 130,176 stock units and Wisynco Group finished at $10.50, down 40 cents with 1,609,916 units changing hands. In the main market preference segment, Jamaica Money Market Brokers 7.25% traded a mere 300 units at $2.55, while Productivity Solutions 9.75% traded 350 units at $105 and Proven Investments 8.25% finished at $5, with 1,079,574 stock units changing hands.
Trading on the Main Market of the Jamaica Stock Exchange on Wednesday as 26 securities changed hands, resulting in 14,655,576 units valued at $227,353,346 trading. 
Grace Kennedy ended trading with a loss of 51 cents at $48.50, with 35,620 shares, Jamaica Broilers gained 90 cents in traded 14,955 stock units to end at $21, Jamaica Producers finished trading at $16.50, with 1,044,013 units, Jamaica Stock Exchange lost 10 cent and closed at $6.90, with 1,260 shares. JMMB Group dropped $1.08, ending at $27.25, with 170,021 shares, Kingston Wharves dropped $3 and finished at $46, with 15,000 stock units, Mayberry Investments settled at $6.05, for a rise of 3 cents, with 108,012 units, NCB Financial Group climbed $1.40 to $96.50, with 46,142 shares. 1834 Investments closed trading at $1.15, with 81,945 shares, PanJam Investment lost 1 cent and closed at $44, with 72,100 stock units, Pulse Investments concluded trading at $1.79, after falling 1 cent with 108,000 shares, 
Sagicor Group fell 49 cents and settled at $37.50, with 25,985 shares and Sagicor Real Estate Fund settled at $15, with a rise of 99 cents trading 17,835 shares. Salada Foods gained 5 cents and ended trading at $11.20, with 43,684 stock units, Scotia Group jumped $1.79 to $51.99, with 1,959,155 units, Seprod climbed $1 and finished trading at $35, with 25,820 shares, Supreme Ventures ended at $11.75, up 5 cents with 527,887 shares. Victoria Mutual Investments concluded trading at $4.06, after rising 31 cents with 357,576 stock units and Wisynco Group finished at $10.90, with 3,412,434 units changing hands. In the main market preference segment, Jamaica Money Market 7.5% traded 2,138 stock units at $1.92 and JMMB Group closed at 99 cents, with 8,405 shares changing hands.