Grace & NCB push JSE trading


Trading closed Thursday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged, with a much greater value than on Wednesday, helped significantly by NCB Financial with 9.02 million shares with a value of $451 million and GraceKennedy with 6.0 million stocks valued at $432 million and ending with the Main Market major indices just rising, the Junior Market index climbing and the JSE USD Market climbing relatively higher. At the end of trading the prices of 38 shares rose, 46 declined and 31 remained firm.

At the close of trading, the JSE Combined Market Index rallied 417.09 points to 345,082.54, the All Jamaican Composite Index rose 15.69 points to 384,355.15, the JSE Main Index rose 117.82 points to 332,778.25, the Junior Market Index was up by 42.46 points to 3,744.97 and the JSE USD Market Index rallied 11.04 points to end at 247.27.
A total of 47,757,958 shares were exchanged in all markets, down from 49,116,983 stocks on Wednesday, with the value of trading on the Junior and Main markets amounted to $1.02 billion, up sharply from $215.88 million on the previous day and the JSE USD market closed with an exchange of 112,384 shares for US$52,111 compared to 331,937 units at US$18,427 on Wednesday.
In Main Market activity, NCB Financial led with 9.02 million shares followed by GraceKennedy with 6.0 million stocks and JMMB Group 7.35% – 2028 with 5.18 million units.
In Junior Market trading, ONE on ONE Educational led with 6.29 million shares followed by Lasco Financial with 1.81 million stocks and Jamaican Teas with 1.76 million units.
In the preference segment, Jamaica Public Service 9.5% popped $4 in closing at $2,690, 138 Student Living preference share lost $43.12 to end at $244 and Productive Business Solutions 10.5% preference share slipped $49.99 to close at $1,050.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 13.9 based on 2024-25 earnings and 20.3 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with updated information to help decision-making. The PE ratio chart covers all of the ordinary shares that are listed on the Jamaica Stock Exchange and are grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure to assess stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

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