The stock worth watching this week is NCB Financial Group that jumped last week to $110, a price last seen last year November. With limited supply for sale and the year-end approaching, this stock seems set for $150 by early 2019, if not before.
NCB Financial Group recorded net profit of $20.9 billion for the nine months ended June, with profit attributable to stockholders of $20.7 billion, for an increase of 40 percent over the prior year. The figure includes one off gains of $4.4 billion from acquisition of a subsidiary. Importantly, third quarter profits rose a strong 30 percent to $6.8 billion over the 2017 quarter.
Grace Kennedy is another of the main market stocks to keep an eye on as it slowly tries to move higher. The price of Caribbean Cement has been seesawing between $45 and $52, but in a bull market one never knows when the break will come. Kingston Wharves close with the bid at $61 to but 58,300 shares and last traded at $53. In the Junior market, Indies Pharma continues to scale new highs with strong demand existing for the stock. General Accident could move higher as more demand comes in for it, with limited selling.
Caribbean Producers has been trading well with an upward bias and could continue in this vein until full year’s results are released. Caribbean Flavours seems to be following it parent, Derrimon Trading and continues to rise on limited selling volume. Medical Disposable sold down during the past week and could recover in the coming days.
Regardless of what happens to individual stocks, there is little doubt that the summer rally is on for Jamaica stocks and is being helped by some good results for a number of the companies. The rally is expected to continue until year end barring any major negative development.
Kingston Wharves stock price sets to hit $61
Stocks with scarce supplies that could spring surprises include, Barita Investments, Grace Kennedy, NCB Financial, Berger Paints, Caribbean Cement, Kingston Wharves, PanJam Investment, Sagicor Group, Salada Foods, Seprod and Scotia Group. The main market is not the only segment with limited supplies. The Junior Market supplies continue to be limited for many of the listings. The list includes, Blue Power, Caribbean Flavours, Cargo Handlers, Caribbean Producers, Derrimon Trading, Express Catering, General Accident, Caribbean Cream, Medical Disposables, Stationery and Office Supplies and tTech.
An overall view of stocks indicates that the main market continues to be steered higher by an upward sloping support line as well the 45 and 125 day moving averages, lending support just below. The Junior Market now at a 15 months’ high, is being steered by an upward rising long-term support line and a golden cross. The golden cross is a very strong bullish long-term signal.
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 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 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.
The Trinidad & Tobago Stock Exchange ended trading on Friday in 14 securities against 8 on Thursday, with 1 advancing, 4 declining and 9 trading unchanged at the close as republic closed at a 52 weeks’ high.
shares, 
The All Jamaican Composite Index of the Jamaica Stock Exchange having cleared the 351,000 points mark after just 5 minutes of opening, with 
The Jamaica Stock Exchange All Jamaican Composite Index climbed 1,925.09 points to close at 348,932.20 and the JSE Index rose 1,753.98 points to close at 317,916.66 to sit a few hundred points below the record close on August 16. 
Trading resulted in an average of 164,231 units valued at an average of $2,096,732 for each security traded, in contrast to 679,456 units valued at an average of $6,783,172 on Tuesday. For the month to date an average of 246,505 shares valued at an average of $4,497,856 versus 246,505 shares valued at an average of $4,497,856 on Tuesday. July closed with an average of 169,022 units valued at $3,514,756, for each security traded.
Jamaica Stock Exchange rose $1 trading 31,500 units in closing at $8, JMMB Group fell 50 cents and ended at $28.50, exchanging 20,679 shares, Mayberry Investments climbed 75 cents to settle at $8.24, trading 947,406 units, Mayberry Jamaica Equities lost 25 cents to settle at $9.70, trading 115,853 units,
The day’s volume was led by, WISYNCO Group with 1,181,341 units accounting for 27.7 percent of the traded volume, followed by Mayberry Investments with 947,406 units and 22.2 percent of the day’s volume and Victoria Mutual Investments with 810,200 units and 18.97 percent of the main market volume.
Mayberry Jamaica Equities lost 25 cents to settle at $9.70, trading 115,853 units, Portland JSX jumped $2 to closed at $10, with 10,760 shares, Seprod jumped $8.98 to $45, trading 6,000 shares and Sygnus Credit Investments rose 30 cent to close at $11 in trading 132,260 shares.
Guardian Holdings completed trading at $16.60, with 11,215 units, JMMB Group closed at $1.70, after exchanging 23,282 shares, Massy Holdings exchanged 2,468 shares and concluded trading at $47, Point Lisas ended at $3.70, with 11,893 stock units changing hands, Sagicor Financial ended at $7.75, with 3,920 stock units changing hands, Trinidad & Tobago NGL settled at $30.05, after exchanging 8,382 shares and Trinidad Cement closed at $2.90, after exchanging 21,329 shares.