NCBFG closed at a record of $77 and helped push the old market index to a new record on Thursday.
Big movement in some Jamaica Stock Exchange prices on Thursday saw the JSE Market Index jumping 3,189.90 points to surprisingly end at an all-time record high of 240,950.44, bettering the previous record of 240,759.97 at the close of May 17 this year.
The All Jamaica Composite Index surged 3,501.11 points to 264,457.18, closing within 1,000 points of the all-time record close reached in May this year. The JSE US dollar market index fell 1.47 points to close at 188.42 with 2 trading in the US dollar market.
At the close of trading, 24 securities changed hands in the main market, leading to 12 stocks advancing and 7 declining. The main market ended with 4,006,769 units valued at $51,512,263 changing hands compared to 2,974,171 units valued at $46,072,557 at the close on Wednesday. Trading in the US dollar market accounted for 38,672 units valued at US$14,600 bringing the total of all trades to J$70,317,063.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks with bids higher than their last selling prices, while there was none closing with lower offers.
The main market ended trading with an average of 166,949 units valued at $2,146,344 for each security traded compared to an average of 123,924 units valued at $1,919,690. The average volume and value for the month to date ended at 119,521 units with an average value of $2,389,059 compared with an average of 116,886 units with an average value of $2,402,544 on the previous trading day. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
In market activity, Berger Paints traded $1 higher to close at $17 in exchanging 34,353 shares, Cable and Wireless closed at $1.02, with 99,771 stock units switching owners, Caribbean Cement traded $2.25 higher to close at $30 trading 144,675 shares, Carreras gained 6 cents, to close at $91.61 in trading 25,614 units, Grace Kennedy closed at $41.95, with a loss of 4 cents exchanging 2,711 shares. Jamaica Broilers closed at $19, gaining 50 cents and trading 480 units, Jamaica Producers gained 37 cents, closing at $14.97 with 2,011 shares traded. Jamaica Stock Exchange lost 13 cents to close at $6.30 exchanging 2,449 shares, JMMB Group added 50 cents, closing at $20, with trades of 614,326 shares, Kingston Properties traded 474 units at $7.20, Kingston Wharves closed $2.50 higher to $30, with 200 units switching owners. 
Mayberry Investments closed at $4.61, with a gain of 6 cents trading 368,918 shares, NCB Financial Group traded $1.79 higher to a record close of $77, after exchanging 17,804 shares, 1834 Investments closed at $1.50, rising 10 cents with 11,205 shares traded, PanJam Investment gained $2 to $33 trading 24,727 shares, Portland JSX closed at $10 exchanging 3,700 shares, Radio Jamaica traded 6,898 shares at $1.30. Sagicor Group lost 50 cents, with an exchange of 30,292 shares, to close at $31.50, Sagicor Real Estate Fund declined 14 cents, closing at $10.50 while trading 2,472,421 shares, Scotia Group closed at $44.99, with trades of 1,000 shares, Scotia Investments traded $1.49 lower to close at $35.50, with an exchange of 1,260 shares, Seprod added 5 cents, closing at $30 with 580 units traded,Supreme Ventures lost 32 cents to close at $7.68 with 97,400 shares exchanged. Proven Investments US ordinary shares closed at 24 US cents trading 32,628 units, JMMB Group US 6% preference share closed at US$1.12 exchanging 6,044 units and JMMB Group 7.5% preference share gained 8 cents to close at $1.19 trading 43,500 units.
The main market of the Jamaica Stock Exchange indices rose sharply at the close on Wednesday with the All Jamaica Composite Index advanced 3,380.75 points to close at 260,956.07, the JSE Market Index rose 3,080.24 points to 237,760.54 and the JSE US dollar market index gained 0.89 points to close at 189.89. 
The average volume and value for the month to date ended at 116,886 units with an average value of $2,509,606 compared with an average of 116,472 units with an average value of $2,430,947 on the previous trading day. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
NCB Financial Group traded $1.16 higher to $75.21, after exchanging 37,026 shares, 1834 Investments closed at $1.40 with trades of 11,205 shares, PanJam Investment closed with a loss of $2 to $31 trading 2,673 units, Proven Investments closed at $24.71 with 250,000 shares traded, Pulse Investments gained 17 cents to close at $2.49 with 34,547 shares changing owners, Radio Jamaica closed at $1.30, with gains of 5 cents trading 15,036 shares. Sagicor Group gained 50 cents, with an exchange of 26,433 shares, to close at $32, Sagicor Real Estate Fund declined 56 cents, closing at $10.64 exchanging 393,442 shares, Scotia Group gained $1.48 to close at $44.99, with trades of 2,270 shares, Seprod closed at $29.95, with gains of 20 cents exchanging 1,940 shares, Supreme Ventures traded 6,900 shares at $8, having gained 20 cents. Proven Investments US ordinary shares closed at 24 US cents trading 123,899 units, JMMB 7.5% preference share closed at $1.85, losing 15 cents exchanging 304,177 units and JMMB Group 7.5% preference share traded 37,000 units at $1.11.
The main market ended trading with an average of 105,582 units valued at $1,172,402 for each security traded compared to an average of 96,184 units valued at $988,206. The average volume and value for the month to date ended at 116,472 units with an average value of $2,430,947 compared with an average of 117,153 units with an average value of $2,509,606 on the previous trading day. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
JMMB Group lost 20 cents to close at $19, with trades of 38,014 shares, Kingston Properties gained 5 cents to close at $7.20 exchanging 3,282 shares, Kingston Wharves traded $1 higher to $30, with 250 units switching owners. Mayberry Investments closed at $4.55, with an exchange of 31,000 shares, NCB Financial Group traded 87 cents lower to $74.05, after exchanging 29,557 shares, PanJam Investment closed with gains of $1 to $33, trading 8,427 units, Portland JSX exchanged 300 units at $10, Proven Investments gained 4 cents, closing at $24.71 with 261,700 shares traded, Pulse Investments fell by 17 cents to $2.32 with 54,907 shares changing owners, Radio Jamaica lost 5 cents to close at $1.25, trading 179,023 shares. Sagicor Group dropped 49 cents, with an exchange of 89,872 shares, to close at $31.50. Scotia Group lost 49 cents, closing at $43.51 with 86,085 shares trading, Scotia Investments closed with gains of 89 cents to $36.99 trading 18,000 units, Seprod lost 20 cents, closing at $29.75 trading 1,490 shares, Sterling Investments closed at $14, with a loss of 5 cents trading 570 units, Supreme Ventures traded 592,150 shares at $7.80. Proven Investments US ordinary shares lost 0.02 US cents to close at 24 US cents trading 260,398 units, Jamaica Money Market Brokers 7.5% preference share closed at $2, losing 10 cents exchanging 100,000 units and JMMB Group US 6% preference share traded 22,483 units at US$1.12.
IPO being nearly 4 times oversubscribed with more than 1,000 applications received for the 52 million shares.
At the close of the week, IC Insider.com’s TOP 10 Junior Market stocks now trade at an average discount of 45 percent to the Junior Market average, while those in the main market are trading at a 49 percent discount, to the average of the market, leaving stocks with room for growth in the months ahead.
Pull back in the prices of several Junior Market stocks, resulted in changes in the TOP 10 junior stocks at the close of the week. The changes took place against the back ground of an unprecedented 5 issues of new shares around the same time in the market.
IC Insider.com BUY RATED Stationery and Office Supplies (SOS) jumped into the TOP 10 Junior Market stocks in the number one position at the close of the past week. 
CAC 2000 moved into the TOP 10 with the price having fallen to $6.57 by the end of the week.
The average PE ratio for the Junior Market Top stocks remain at 7 even with SOS being added at a PE of 5 times 2017 earnings. The PE for the main market slipped to 6.7 with the sharp fall in prices during the week. The average PE for the overall main market, is down to 13 while it remains at 12 for Junior Market, based on 2017 estimated earnings.
Main market stocks declined on the Jamaica Stock Exchange at the close on Tuesday and just barely taking a small bite out of the strong gains on Monday. At the close, the All Jamaica Composite Index declined 335.47 points to close at 259,509.13, the JSE Market Index fell 305.65 points to 236,442.21 and the JSE US dollar market index dropped 5.99 points to close at 174.47. 
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks with bids higher than their last selling prices and 3 with lower offers.
NCB Financial Group closed at $68.55, with a loss of $1.45 after exchanging 145,990 shares, PanJam Investment closed at $35.20, losing 31 cents with trades of 16,532 shares, Portland JSX lost 99 cents, with 1,052 units traded, Proven Investments added 1 cent to close at a 52 weeks’ closing high of $24.01 in exchanged for 2,200,900 shares, Pulse Investments closed at a new high of $4.35, with gains of 60 cents and with 65,062 shares changing hands. Radio Jamaica traded 69,640 shares at $1.60, Sagicor Group closed at $33.10, with gains of 50 cents in trading 147,145 shares, Sagicor Real Estate Fund exchanged 1,000 units at $12.10. Scotia Group closed at $45, with a loss of 70 cents and an exchange of 42,725 shares while Supreme Ventures closed at $7.77, and lost 1 cent with 50,318 shares changing hands. Proven Investments US ordinary shares, closed at 22 US cents, having lost 0.02 US cent trading 2,068,184 units, JMMB Group US 6% preference share gained 0.02 US cents to close at US$1.12 with trades of 15,718 units, JMMB Group 7.5% preference share lost 2 cents, closing at $1.11 with 51,966 units exchanged and JMMB 7.5% preference share closed at $1.85, with 2,200 units traded.
The main market ended trading with an average of 120,748 units valued at $3,117,741 for each security traded compared to an average of 66,606 units with an average value of $1,151,010 on Friday. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
Mayberry Investments closed at $4.60, losing 50 cents with an exchange of 888 shares. NCB Financial Group closed at $70, after exchanging 107,711 shares, PanJam Investment closed at $34.89, with 36,102 shares changing hands, Portland JSX traded 1,002 units at $11, Pulse Investments closed at a new high of $3.75 after a 6 for 1 stock split, with 58,504 shares changing hands, Sagicor Group closed at $32.60, with a loss of 49 cents trading 19,778 shares, Sagicor Real Estate fund gained 10 cents to close at $12.10, with 8,519 shares changing owners. Scotia Group accounted for 46 percent of the volume traded in the market and the price jumped $2.70 to close at $45.70, with 1,337,205 shares having been traded, Seprod added $1.93 to close at $30 in exchanging 7,966 shares while Supreme Ventures closed at $7.78, with a rise of 33 cents with 12,351 shares changing hands. Proven Investments US ordinary shares closed at 23 US cents, with an exchange of 83,800 units, JMMB Group 7.5% preference share closed at $1.13, with 996,000 units exchanged, JMMB 7.5% preference share closed at $1.85, with 26,358 units traded and Proven 8.25% preference share lost 5 cents to close at a 52 weeks’ low of $5.10, with 27,294 units traded.
Berger Paints 
they have implemented a number of measures that is improving efficiency that will allow them to take on more business without the need to increase staff compliment for a while. They also pointed out that the sale team have been working to bring in new business and they expect increase business activity in the second half of the current year. Additionally, management took the recommendation about a possible stock split and informed the meeting that the board will discuss same.
for the overall main market and 12.7 for Junior Market, based on 2017 estimated earnings. Several stocks are trading below these averages, and have potential for more gains in the months ahead, barring major negative developments.
Trading in the main market of the Jamaica Stock Exchange closed on Friday with a big jump in the indices as the number of stocks rising climbed to 15 with just 7 declining out of a total of 26 securities trading in the US dollar and main markets. A number of stocks recorded big price movements by the close.
In market activity, Berger Paints jumped $2.97 to close at $17.97 trading 3,109 shares, Cable and Wireless closed at $1.16, with 37,558 stock units changing hands, Caribbean Cement climbed $2.50 higher to close at $28 in the exchange of 24,200 shares, Carreras advanced $2.40 to close at $89, with 5,200 units trading, Grace Kennedy closed at $41, losing 50 cents with an exchange of 33,303 units, Jamaica Producers gained 5 cents to close at $16, with 14,263 units crossing the exchange platform. Jamaica Stock Exchange closed at $7 and gained 10 cents trading 319,683 shares, JMMB Group closed at $19.97, after surging $1.47 while exchanging 274,716 units, Kingston Properties traded 182 units at $9.95, Kingston Wharves gained 95 cents to close at $29.85, trading of 101,472 shares, Mayberry Investments closed at $5.10, with a rise of 55 cents, exchanging 53,120 shares. NCB Financial Group closed at $70, with a loss of $1 after exchanging 45,412 shares, 138 Student Living closed at $4.50 trading 19,823 shares, PanJam Investment closed at $34.89, with trades of 17,800 shares. Pulse Investments lost 49 cents to close at $17.50 exchanging 69,754 shares, Radio Jamaica gained 10 cents to close at $1.60, with 7,769 units changing hands,
Sagicor Group closed at $33.09, with a loss of 1 cent exchanging 49,302 shares, Sagicor Real Estate Fund traded $1 higher to close at $12, with 29,966 shares changing owners, Scotia Group closed at $43, gaining 49 cents trading 61,260 shares, Scotia Investments closed at $38, with gains of $1.42 exchanging 30,000 units. Seprod added 7 cents to close at $28.07, with trades of 1,149 shares while Supreme Ventures closed at $7.45, with a rise of 15 cents with 70,200 shares changing hands. Proven Investments US ordinary shares closed at 24 US cents, with an exchange of 20,364 units, after rising by a fraction of a cent, Margaritaville Turks US ordinary shares lost 0.02 US cents to close at 32 US cents, trading 73,174 units, JMMB Group US 6% preference share traded 0.03 US cents lower, closing at US$1.10 with 24,182 units exchanged and Proven 8.25% preference share lost 2 cents to close at $5.15, with 262,706 units traded.