Sagicor Group jumped $8 on Monday to a record close of $73.
The Jamaica Stock Exchange continues to march forward and ended trading on Monday, at the 40th record close for the year to date as prices of some stocks moved sharply.
The market, closed with the JSE All Jamaican Composite Index jumping 7,542.15 points to end at a record close of 584,674.51, the JSE Index climbed 6,853.83 points to finish at another closing high of 532,304.33 and the JSE Financial Index advanced by 3.31 points to close at 143.86.
Market activity, resulted in 39 securities trading in the main and US dollar markets, leading to 13 securities advancing, 17 declining and 9 trading firm, compared to 37 securities trading on Friday. Trading ended with 19,470,666 units valued $144,572,102, compared to 83,800,065 units valued at $247,863,696 changing hands on Friday.
Fours stock close of trading at a 52 weeks’ record high while Supreme Ventures traded at an intraday high of $34.32. Closing at 52 weeks’ highs are Jamaica Broilers at $37.80 after trading up to $40.53, Radio Jamaica at $1.50, Sagicor Group at $73 and Stanley Motta at $5.56.
Wigton Windfarm led trading with 13 million units for 67 percent of total volume, Victoria Mutual Investments followed with 2.7 million shares for 14 percent of the day’s volume and Carreras with 575,039 shares for 3 percent of total main market volume.
The market closed with average of 556,305 units valued $4,130,631 for each security traded, in contrast to 2,464,708 units for an average of $7,290,109 on Friday. The average volume and value for the month to date amounts to 1,496,677 units at $5,687,475. July closed with an average of 1,297,718 shares valued at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ending with bids higher than the last selling price and just 4 with lower offers.
In the main market activity, Barita Investments traded 25,430 shares and lost $1.50 to close at $90, Caribbean Cement lost $1.14 trading 78,260 units at $78.80, Grace Kennedy fell $1.99 trading of 26,999 units to close at $70, Jamaica Broilers exchanged 46,586 shares and rose $1.80 to close at $37.80. Jamaica Producers gained $1.50 trading 5,960 units to close at $ 28.50, Jamaica Stock Exchange climbed $3 trading 127,271 shares to end at $28, JMMB Group lost $2 trading 53,627 shares to close at $51, Kingston Wharves declined $2.76 while trading 18,738 shares to end at $65.84, Mayberry Jamaican Equities lost 40 cents to close at $12 in trading 71,575 shares. NCB Financial lost $5 in exchanging 174,222 units to close $208, Palace Amusement added $1 in trading 200 shares at $1,301, Pulse Investments exchanged 158,700 shares after falling 46 cents to close at $3.50, Sagicor Group jumped $8 in trading 33,657 shares to close at a record high of $73. 
Salada Foods traded 454 shares and gained 95 cents to close at $34, Scotia Group dipped $1.58 to close at $54 trading 377,500 shares, Sygnus Credit Investments gained 50 cents in trading 89,821 shares at $22.50 and Wisynco Group dropped $1.78 in trading 298,304 and to close at $26.
Trading in the US securities market resulted in 474,402 units valued $82,012 changing hands as, JMMB Group 5.75% preference share finished at US$2 with 816 shares traded, JMMB Group 6% preference share gained 2 cents and settled at $1.02 with 9,486 stock units trading, Proven Investments shed 1 cent to close at 25 US cents with an exchange of 140,900 shares and Sygnus Credit Investments traded 323,200 shares at 11 US cents. The JSE USD Equities Index declined by 3.78 points to close at 187.37.
The Jamaica Stock Exchange saw new record highs for the main and Junior Market, with attention moving decisively in favour of the latter that lagged the main market for the greater part of the year. 
Earnings for Sterling Investments were revised downwards to 23 cents per share, resulting in it leaving the TOP 10. New entrants are Grace Kennedy, Proven Investments and 
The Jamaica Stock Exchange started August on a positive note with rising stocks beating out declining ones and driving the market to the 39th record close for the year to date. 
Pulse Investments exchange 613,290 shares after rising 96 cents to close at $3.96, 
Mayberry Jamaica Equities traded 3,752,372 to gain 50 cents and ended at $12.50, NCB Financial lost $2 exchanging 162,275 units to close $213, Proven Investments lost 70 cents trading 5,326 shares in closing at $35.80, 
NCB Financial lost $3 exchanging 128,922 units to close $215, Mayberry Investments gained 60 cents to close at $9 in trading 635,380 shares, Sagicor Group rose 90 cents trading 39,006 shares in closing at $58. Scotia Group gained $1.26 to close at $56.25, trading 40,958 shares, Seprod jumped $6.99 trading 11,905 units to close at $48.01. Supreme Ventures gained $1 trading 38,906 shares in ending at $30, Sygnus Credit Investments closed trading of 50,400 units and gained 50 cents to end at a record high of $18.50 and Victoria Mutual Investments traded 103,973 and gained $1.32 to end at a record high of $7.32. 
The Jamaica Stock Exchange All Jamaican Composite Index pulled back from Friday’s record close on Monday, with the index dropping 4,083.65 points to close at 561,713.99.
Proven Investments lost $3.50 trading in the main market with 9,200 units swapped to close at $36.50, Sagicor Group lost 60 cents trading 9,704 shares in closing at $57.10. Sagicor Real Estate Fund closed trading of 2,118 units and lost 30 cents to end at $11.20, Salada Foods traded 1,229 shares after falling by $2 to $36, Seprod lost 39 cents trading 11,905 units to close at $48.01. Supreme Ventures gained $1 trading 133,871 in ending at $29, Sygnus Credit Investments closed trading of 37,904 units and gained $1,10 to end at a record high of $18 and Victoria Mutual Investments traded 112,760 and gained 90 cents to end at $6. 
Fresh from its recent successful IPO, shares of 
In the past week, the main market continues to hit new record highs, closing the week at an all-time high on its way to over 700,000 points for the All Jamaica Index. Momentum continues to move the market away from long-term resistance at 520,000 points. The Junior Market rose during the week and recovered all of the 2019 losses and more and is less than 100 points away from the all-time high of 3,436 points in September last year. Technical indicators point to the record be taken out soon and could happen this week with more results due.
Sterling Investments heads the main market with potential gains of 156 percent followed by Sygnus Credit Investments with 137 percent and Berger Paints in third spot and likely to gain 132 percent by March next year. 
Mayberry Investments climbed 48 cents in exchanging 4,159 shares to close at $8.60. NCB Financial traded at a record of $249, shortly after the market opened but the price drifted down and lost $1 from the previous day’s close with 144,913 units changing hands to close $219. Sagicor Real Estate Fund closed trading of 18,805 units and gained 50 cents to end at $11.50, Salada Foods traded 1,229 shares after falling by $2 to $36, Seprod lost 60 cents in trading 42,258 units to close at $48.40. Scotia Group declined 50 cents in trading of 3,983,856 shares at $55 Sygnus Credit Investments closed trading of 15,100 units and gained 40 cents to end at a record high of $16.90 and Sterling Investments traded 452,602 and gained 40 cents to end at $3.95. 
Portland JSX climbed 40 cents in exchanging 3,940 shares at $8, at $ 8, Proven Investments jumped $3.90 to $40, in trading 1,000 shares, Salada Foods climbed $5 to settle at $38 with 1,437 shares changing hands, Sagicor Real Fund closed trading of 33,134 units and gained 38 cents to end at $11. Sygnus Credit Investments closed trading of 59,223 units and gained 50 cents to end at record high of $16.50, Seprod lost 50 cents in trading 19,570 units to close at $49, Scotia Group declined 25 cents in trading of 2,028,890 units at $55.50 and Wisynco Group gained $2 to end at record closing high of $28, trading 642,312 shares after it traded at a record high of $29.88..
Kingston Wharves exchanged 5,961 shares but fell $1.50 to close at $68.50, Mayberry Investments ended trading with 28,839 shares, after declining 60 cents to close at $8, NCB Financial gained $4 to end at a record close of $220, while trading 4,752,835 shares. PanJam Investment jumped $5 in trading of 4,357 units to close at $100. Salada Foods dived $4 to end at $33, trading a mere 501 shares, Sagicor Group gained $1.69, to end at trading 37,347 shares $57.69, Sagicor XFund traded 1,436,659 shares but lost 38 cents in closing at $10.62, Seprod gained 95 cents to end at $49.50 with 32,107 stock units trading. Scotia Group lost 50 cents in trading of 49,279 units at $55.75 and Wisynco Group climbed $1.50 to settle at a record close of $26 with 334,450 shares changing hands.