Scotiabank jumped out of TOP 10.
The main market of the Jamaica Stock Exchange, moved forward on each day of the past week except for a fall on Thursday to sit close to the all-time high on Friday. Movement in the Junior Market was up and down but a few stocks traded at new highs during the week.
In the main market, IC Insider downgraded the earnings of Carreras to $9 after the company reported full year results, the stock jumped to a record $89 at the close of the week and is out of the top listing. Carreras exit allowed for Jamaica Broilers to return to the main market listing. Jetcon Corporation returns to the Junior Market list and Lasco Financial moves out of the TOP 10.
The week’s movement continue to be constrained by near term resistance levels which could be acting as short term restraint to a break out from current levels.
The average PE ratio for the Junior Market Top stocks is 7.5 and 6.8 in the main market, these compare favourably with 13.7 for the overall main market and 13.4 for Junior Market, based on 2017 estimated earnings. With several stocks trading below the average, the potential for more gains for the rest of 2017 seems positive, barring any major negative developments.
In the main market, decline in the prices of Seprod down to $30 and Sterling Investments to $15.50 moved them into the top list and replaced Berger Paints and Scotia Group that maintained their prices and are now some distance from the top list.
Recent TOP 10 listings that remain just below the top spots include Access Financial that hit a new record high close of $50 and Blue Power up to $55 at the close of the week.
The main market ended trading with an average of 145,166 units valued at $3,631,264 for each security traded, compared to an average of 111,569 units valued at $2,429,919 on Thursday. The average volume and value for the month to date, are 128,368 units and $3,030,592. The average volume and value for May ended at 358,008 units and $9,037,303.
Kingston Properties traded 50 cents lower to close at $11, with 15,277 shares, Kingston Wharves exchanged 15,524 shares at $32, Mayberry Investments lost 5 cents to close at $4.75, with an exchange of 39,790 shares, NCB Financial Group was down 1 cent to $70.99, after exchanging 69,538 shares, 138 Student Living exchanged 2,900 shares at $4.49. PanJam Investment closed at $35, with gains of 50 cents trading 5,955 shares, Portland JSX added 35 cents to close at $10.50, with 1,417 shares changing ownership, Pulse Investments traded 1,000 shares at $18, Radio Jamaica exchanged 7,216 shares at $1.70, Sagicor Group lost 40 cents to close at $34.20, with trades of 179,803 units. Scotia Group closed at $45.90, with gains of $1.91 exchanging 430,372 shares, Seprod closed at $29.52, with a loss of 48 cents trading 1,221 stock units, Sterling Investments closed at $15.50, with 350,890 shares changing hands, Supreme Ventures gained 20 cents to close at $7.20 exchanging 306,881 shares. Proven Investments traded 27,750 ordinary shares at 28 US cents, Jamaica Money Market 7.5% preference share gained 18 cents, closing at $2 with trades of 2,500 units and JMMB Group 7.5% preference share closed at $1.15, with a gain of 5 cents in exchanging 165,880 units.
The main market of the Jamaica Stock Exchange fell moderately at the closed on Thursday for the first time since for the week with 23 securities changing hands including 3 trading in the US dollar market. At the close, 4 stocks advanced and 8 declined with 2 trading a new highs. 
The main market ended trading with an average of 111,569 units valued at $2,429,919 for each security traded, compared to an average of 66,021 units valued at $1,403,895 on Wednesday. The average volume and value for May ended at 358,008 units with an average value of $9,037,303.
Sagicor Group gained 60 cents to close at $34.60, with an exchange of 144,126 shares, Sagicor Real Estate Fund closed at $10.68, after losing 32 cents with 431,727 units changing hands. Scotia Group closed at $43.99, with a loss of $1.01 in trading 103,901 units, Scotia Investments traded 1,998 shares at $37.85, Seprod exchanged 554,950 shares at $30, Sterling Investments closed at $15.50, with 1,500 shares changing owners, while Supreme Ventures lost 50 cents to close at $7 trading 401,700 shares. Margaritaville Turks closed at 34 US cents exchanging 11,000 units, Proven Investments closed at 28.49 US cents, with an exchange of 92,650 ordinary shares and JMMB Group USD 6% preference share lost 0.01 US cent, closing at US$1.12 with 5,000 units changing hands.
The main indices of the main market of the Jamaica Stock Exchange surged again on Wednesday pushing them within striking distance from the record high reached recently. At the close 27 securities changed hands in the main market with 3 trading in the US dollar market with 9 stocks advancing and 6 declining. 
the Investor’s Choice bid-offer indicator reading shows 6 stocks with bids higher than their last selling prices and none with lower offers.
NCB Financial Group closed at $71, with gains of 40 cents after exchanging 29,295 shares, 1834 Investments traded 3,304 shares at $1.40,138 Student Living exchanged 3,772 shares at $4.49. PanJam Investment closed at $34.90, after a loss of 10 cents with 41,600 shares traded, Portland JSX exchanged 600 shares at $10.15, Pulse Investments traded 15,460 shares at $14.50, Radio Jamaica closed at $1.70, while 44,844 shares traded, Sagicor Group exchanged 36,564 shares at $34, Sagicor Real Estate fund closed at $11, with 14,795 units changing hands. Scotia Group jumped $2.50 and closed at $45, in exchanging 93,110 units, Scotia Investments gained $1.35 to close at $37.85 trading 600 shares, Seprod exchanged 15,669 shares at $30, Supreme Ventures added 25 cents to close at $7.50 trading 93,457 shares. Margaritaville Turks closed at 34 US cents exchanging 730 units, Proven Investments traded at 28.50 US cents, with an exchange of 33,500 ordinary shares, JMMB 7.5% preference share lost 18 cents to close at $1.82 trading 8,507 units and JMMB Group USD 6% preference share gained 0.01 US cent, closing at $1.13 with 3,400 units changing hands.
The main market of the Jamaica Stock Exchange enjoyed a big bounce at the close of trading on Tuesday with 25 securities changing hands and 2 trading in the US dollar market. At the close, 7 stocks advanced and 10 declined. 
The average volume and value for the month to date ended at 371,912 units with an average value of $7,355,047 compared with an average of 374,915 units and $5,236,889 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
Portland JSX exchanged 1,567 shares at $10.15, Pulse Investments traded 11,400 shares at $14.50, Radio Jamaica closed at $1.70, trading 47,634 shares, Sagicor Group added 50 cents to close at $34 exchanging 990,823 shares, Sagicor Real Estate Fund gained 40 cents, closing at $11, with 114,491 units changing hands. Scotia Group closed at $42.50, with gains of 50 cents exchanging 9,544 units, Supreme Ventures closed at $7.25 trading 4,837 shares. Margaritaville Turks closed at 34 US cents trading 2,500 units, Proven Investments closed at 28.5 US cents, with trades of 48,655 ordinary shares, JMMB 7.5% preference share lost 5 cents to close at $2, with an exchange of 4,799,500 units, JMMB Group 7.5% preference share closed at $1.10 trading 1,000,000 and Proven Investments 8.25% preference share traded 80 cents lower to close at $5.20, with 50,000 units changing owners.
Trading in the main market of the Jamaica Stock Exchange closed on Monday with main indices rising as 24 securities changed hands and with 2 trading in the US dollar market. At the close, 8 stocks advanced and 6 declined with very low level of trading. 
The main market ended trading with an average of 34,836 units valued at $616,041 per security traded, compared to an average of 152,336 units valued at $2,520,428 on Tuesday. The average volume and value for the month to date ended at 374,915 units with an average value of $5,236,889 compared with an average of 392,814 units with an average value of $5,480,092 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
138 Student Living exchanged 43,375 shares at $4.49, PanJam Investment closed at $35.50, losing 12 cents trading 65,096 shares. Pulse Investments traded 10,614 shares at $14.50, Radio Jamaica gained 5 cents to close at $1.70, with trades of 18,582 shares, Sagicor Group added 48 cents to close at $33.50 exchanging 14,500 shares, Sagicor Real Estate Fund lost 20 cents, closing at $10.60, with 9,981 units changing hands. Salada Foods closed at $8.50 trading 4,000 shares, Scotia Group closed at $42, with an exchange of 1,700 units, Sterling Investments closed at $15.50 trading 30,000 shares, Supreme Ventures lost 24 cents to close at $7.25 exchanging 10,893 shares. Proven Investments 8.25% preference share traded 29,000 units and rose 79 cents to $6, Proven Investments ordinary shares closed at 29 US cents, with 330 shares and JMMB Group USD 6% preference share gained 0.01 US cent to close at US$1.12, with 6,100 units changing hands.
In the main market, decline in the prices of Seprod down to $30 and Sterling Investments to $15.50 moved them into the top list and replaced Berger Paints and Scotia Group that maintained their prices and are now some distance from the top list.
The history of the Top stock performance indicates that, it takes a few months for most of the stocks to reach potential targeted prices as they tend not to be the stocks favoured by a large segment of investors, in the short term.
The main market ended trading with an average of 152,336 units valued at $2,520,428 per security traded, compared to an average of 53,569 units valued at $1,427,066 on Tuesday. The average volume and value for the month to date ended at 392,814 units with an average value of $5,480,092 compared with an average of 406,174 units and $5,644,518 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
Jamaica Stock Exchange closed at $7, after falling 69 cents while exchanging 351,722 shares. JMMB Group exchanged 50,672 units at $20, Kingston Properties traded 52,625 shares at $12, Kingston Wharves lost 50 cents to close at $30.50, trading 5,378 units, Mayberry Investments traded 1,900 shares at $5.30, NCB Financial Group closed at $70.99, with gains of 38 cents after exchanging 242,233 shares, 1834 Investments lost 6 cents and closed at $1.40, with 135,646 shares changing owners, 138 Student Living exchanged 15,000 shares at $4.49, PanJam Investment closed at $35.62, gaining 62 cents in trading 20,553 shares. Portland JSX gained 5 cents to close at $10.15 with an exchange of 2,416 shares, Pulse Investments traded 17,157 shares at $14.50, Radio Jamaica lost 7 cents to close at $1.65, trading 126,425 shares, Sagicor Group added 2 cents to close at $33.02 exchanging 1,021,346 shares, Sagicor Real Estate Fund gained 12 cents, closing at $10.80, with 17,797 units changing hands. Salada Foods jumped $1.02 to close at $8.50 trading 10,000 shares, Scotia Group closed at $42, with an exchange of 85,543 units, Scotia Investments closed at $36.50, with a loss of $1 trading 500 shares. Seprod closed at $30 exchanging 170,000 shares, Sterling Investments closed at $15.50 trading 11,700 shares and Supreme Ventures lost 1 cent to close at $7.49 in an exchange of 211,461 shares. Margaritaville Turks closed at 34 US cents, with 20,500 units changing hands, Proven Investments closed at 28.5 US cents, gaining 0.01 US cent in trading 35,875 ordinary shares and JMMB Group 7.50% preference closed at $1.10 with trades of 775,000 units trading.
Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with 26 securities changing hands with 1 trading in the US dollar market. At the close, 8 stocks advanced and 12 declined. 
The average volume and value for the month to date ended at 426,916 units with an average value of $5,892,603 compared with an average of 450,680 units and $6,196,124 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
NCB Financial Group closed at $71.50, losing 50 cents after trading 13,881 shares, 1834 Investments gained 1 cent to close at $1.46, with trades of 2,800 shares, 138 Student Living exchanged 32,606 shares at $4.49, PanJam Investment closed at $35.50, with a loss of 11 cents exchanging 14,745 shares. Radio Jamaica closed at $1.72, gaining 7 cents trading 10,616 shares, Sagicor Group closed at $32.50 with trades of 431,201 shares, Sagicor Real Estate fund closed at $10.65, losing 64 cents exchanging 10,599 units, Scotia Group closed at $42.10, with a loss of $1.20 trading 28,989 units, Scotia Investments traded 5,193 shares at $37.50, after losing 35 cents, Seprod dropped $4 to close at $30 exchanging 27,802 shares, strong>Sterling Investments traded 10,400 shares at $16.90 and Supreme Ventures lost 49 cents to close at $7, with trades of 75,850 shares. Proven Investments closed at 29 US cents trading 8,950 ordinary shares and JMMB Group 7.50% preference closed at $1.10 with trades of 243,195 units.
Trading remained light on the main market of the Jamaica Stock Exchange on Monday, with stocks worth less than $29 million trading, but higher than the $12 million traded, on Friday. The main and US dollar markets closed with just 25 securities changing hands, including one trading in the US dollar market, versus 20 on Friday. At the close, 7 stocks advanced and 11 declined. 
The main market ended trading with an average of 81,974 units valued at $1,189,970 per security traded, compared to an average of 43,554 units valued at $557,668 on Friday. The average volume and value for the month to date ended at 450,680 units with an average value of $6,196,124 compared with an average of 518,349 units with an average value of $6,907,416 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
PanJam Investment closed at $35.61 with 2,684 shares changing hands, Pulse Investments traded 54,400 units and gained 10 cents to close at $14.50 after trading at a record high of $16.50 during the day, Radio Jamaica closed at $1.65 after falling 5 cents and trading 30,413 shares, Sagicor Group closed with a loss of $1 at $32.50 with 32,993 shares changing hands, Sagicor Real Estate Fund gained 29 cents and closed at $11.29, while exchanging 2,701 units, Salada Foods lost 37 cents to close at $7.48, with 8,000 units trading, Scotia Group jumped $1.30 to close at $43.30 with 91,178 units changing hands, Seprod lost 50 cents to close at $34 in trading 1,500 units, Supreme Ventures eased 1 cent to close at $7.49 trading of 44,842 shares, Proven Investments closed at 29 US cents trading 42,110 ordinary shares and JMMB Group 7.5% preference share traded 526,200 units at $1.10.
