NCB Financial third results are due on Thursday that could determine the direction for the stock on Friday and into the week following, as such this is the prime candidate to watch.
Barita Investments pulled back from the record high of $83 at the close of the previous week to $72 with good volume changing hands. Barita released details of the resolution for the extraordinary meeting for the proposed rights issue that will amount to 106 million shares that works out at one share for each 15 held.
Results for Caribbean Cement should be out by the weekend but reports indicates that the company announced local sales of 950,000 tonnes for 2019 that would represent an eight percent increase over 2018. That increase plus price increases implemented last year along with cost reduction will result in a big boost to profit.
Neither NCB or Carib Cement, have much volume of stocks selling currently, accordingly positive results could move them higher. Jamaica Broilers and Jamaica Producers may not break out just now but there is very limited selling and good news could push them higher at any time. Jamaica Stock Exchange closed at a 52 weeks’ high of $38 on Friday but there is little volume on sale and that could encourage more gains for the stock, especially as some investors equate increased trading volume since Wigton Windfarm was listed, with increasing revenues and profit for the exchange. Radio Jamaica hit a 52 weeks’ high of $1.40, on Friday on increased buying interest but some selling came in to move the price down to $1.24. At the close just over 1 million units were on sale at $1.24.
Caribbean Cement Q2 results expected before end of July
Sygnus Credit Investments is coming into its own with limited supply of the stock for sale, the price retreated during the past week and may not move much in the week, investors should continue to watch it. Wisynco Group came back into the spotlight with demand pushing the price to a record high at $21. At the close on Friday, there was limited volume on offer that could result in more gains for the stock.
Blue Power has just one offer on sale at the close on Friday but buying has increased with the proposed split up of the company into two separate ones. Caribbean Flavours has limited supply of stocks for sale and is worth watching. Fontana hit at a new high of $9 on Friday, but selling pushed the price down, to close at $7.41, but the price may fall further before resuming its upward climb with the pending opening of the new Kingston branch, in September. Stationery and Office Supplies still has little supply offered for sale and could break over the $10 barrier at any time, especially with the June quarter results due out in weeks. Elite Diagnostic with rising demand and slowing supplies could bounce, having traded at $5. The company’s new Drax Hall branch in St Ann is set to open in August and will add to revenues and profit at a later stage. Elite has more than 387,000 units on offer at $5 and that could constrain upward price movement for some time. Lasco Financial price bounces around $4.50. The stock is undervalued and could see increased buying interest, ahead of the June quarter results that could be released at any time, In 2018, first quarter results were releases on the 17 of July. Lasco Manufacturing released first quarter numbers on the 31 of July last year and Lasco Distributors released theirs on the 19. The results could move prices of the stocks higher.
PanJam Investment rose 49 cents in trading 576,609 stock units at $95. Portland JSX lost 75 cents, trading 7,800 shares to close at $7.60, Sagicor Group traded 126,854 shares after rising $1.50 in closing at $53.50, Sagicor Real Estate Fund rose $1 trading 22,921 stock units to end at $11, 
The average volume and value for the month to date is 1,201,668 shares amounting to $14,989,839 changing hands, compared to 1,247,788 shares valued at $15,618,666 for each security traded. June closed with an average of 1,608,485 units valued at $19,605,318 for each security traded.
Kingston Wharves traded 23,121 shares but fell $3.08 to $66.90, NCB Financial rose with a gain of $2 in exchanging 40,509 shares and ended trading at a an all-time closing high of $212, PanJam Investment lost 59 cents in trading 297,401 stock units at $94.51, Proven Investments dropped $4.98, trading 22,508 shares to close at $36.02. Sagicor Real Estate Fund dropped $1.80 trading 432,330 stock units to end at $10, Scotia Group exchanged 1,021,874 shares to add 35 cents and ended at $57.50, Seprod rose 90 cents to close at $46 while trading 12,835 shares, Sygnus Credit Investments gained 50 cents to $15, in trading 31,183 units and Wisynco Group traded 350,290 shares to gain 45 cents and ended at $20.
Investors pushed the Jamaica Stock Exchange to a new record close on Wednesday, as NCB Financial traded as high as $219.99 and the All Jamaican Composite Index crossed the 550,000 mark during the day. 
Wigton Windfarm dominated trading with just 4.3 million shares for 40 percent of total main market volume, well down on the usually large volume, the stock traded at for most of the days since it listed in April. 1834 Investments followed with 1.7 million stock units for 16 percent of total volume and Supreme Ventures with 1.2 million shares for 11 percent of the day’s volume.
Jamaica Producers exchanged 105,258 stock units but lost 85 cents to close at $26.65, Jamaica Stock Exchange lost $1.50 in trading 81,966 units to end at $33, JMMB Group lost $1.50 to end at $52 with an exchange of 86,345 shares. PanJam Investment rose 59 cents in trading 164,175 stock units at $95.10, Proven Investments jumped $4.95, trading 23,895 shares to close at a record high of $41, Sagicor Group dropped $2.49 trading 137,078 stock units to end at $52. Seprod rose 90 cents to close at $46 while trading 12,835 shares and Supreme Ventures added $1.85 to close at $27.85 in trading with 1,209,059 shares and Sygnus Credit Investments lost 62 cents to $14.50, in trading 10,000 units.
Also trading good volumes were 
Kingston Wharves recovered the $4.16 it lost on Monday, to end trading of 2,200 shares at $70. 
Trading ended with the JSE All Jamaican Composite Index dropped 3,105.25 points to close at 534,818.03, the JSE Index declined 2,821.86 points to close at 486,998.17 and The JSE Financial Index lost 0.85 points in closing at 131.46 points.
The average volume and value for the month to date amounts to 1,375,075 shares valued at $15,899,090 changing hands, compared 1,203,120 shares valued at $10,102,136 for each securities traded. June closed with an average of 1,608,485 units valued at $19,605,318 for each security traded.
Sagicor Group lost 50 cents trading 169,100 stock units to end at $54. Salada Foods climbed $1.50 to end at $35 in trading 25,000 shares, Supreme Ventures rose $2 and ended trading with 93,843,191 shares to close at $28, Sygnus Credit Investments lost 77 cents to close at $15 while trading 53,303 shares and Wisynco Group exchanged 112,712 shares and gained 35 cents to close at $19.95.
PanJam Investment gained 50 cents and ended trading with 9,100 stock units at $99, Sagicor Group rose 26 cents trading 341,009 stock units to end at $54.50. Sagicor Real Fund climbed 98 cents to end trading with 17,391 units at $11, Salada Foods rose 50 to end at $33.50 in trading 10,000 shares, Scotia Group exchanged 107,923 shares but fell 50 cents to close at $57. Seprod lost 95 cents and settled at $47 in exchanging 20,450 shares and Supreme Ventures lost $2 and ended trading with 1,645,858 shares to close at $26.
NCB Financial rose $5 trading 45,909 shares to end at a record closing high at $205, PanJam Investment lost 32 cents and ended trading with 13,455 stock units at $98.50, Sagicor Group lost $1.04 trading 8,078,497 stock units to end at $54.76. Sagicor Real Fund fell 73 cents to end trading with 17,697 units at $10.02, Seprod lost 95 cents and settled at $47 in exchanging 20,450 shares, Supreme Ventures rose 49 cents and ended trading of 28,030 shares to close at $28 and Wisynco Group gained 41 cents to settle at $19.50, with 200,051 stock units changing hands.
The average volume and value for the month to date amounts to 1,265,757 shares valued at $9,768,829 changing hands, compared 1,158,213 shares valued at $9,895,777 for each securities traded. June closed with an average of 1,608,485 units valued at $19,605,318 for each security traded.
138 Student Living lost 80 cents and ended trading with 15,000 stock units at $3.60, Proven Investments rose $1 in traded 100 units to close at a record high of $36, ,Salada Foods fell 95 cents to end at $33.00, with 5,750 shares trading, Sagicor Group lost $1.69 trading 505,408 stock units to end at $55.80. Sagicor Real Fund rose $1.05 and ended trading at $10.75, with 162,498 units, Seprod rose $1.05 and settled at $47.95 in exchanging 109,390 shares Sterling Investments lost 30 cents and ended trading of 35,650 shares to close at $3.40 and Wisynco Group gained 58 cents to settle at $19.09, with 396,437 stock units changing hands.
Wigton Windfarm led trading with 29.7 million shares for 91 percent of total main market volume, followed by Carreras with 494,439 stock units for 1.5 percent of total volume and Wisynco Group with 402,978 shares for 1.2 percent of the day’s volume.
Mayberry Jamaican Equities fell 34 cents and finished trading 21,318 shares at $11.51, NCB Financial rose $4.99 trading 137,850 shares to close at $195, Portland JSX lost 45 cents and ended trading with 30,000 stock units at $8.05, Sagicor Group rose 39 cents trading 252,322 stock units to end at $57.49. Scotia Group ended trading of 15,901 shares with a rise of 48 cents to close at $57.48 and Seprod lost $1.10 and settled at $46.90 in exchanging 101,944 shares.