NCB Financial climbed to a new 52 weeks high to close out the week at $65, up by 59 percent in the past twelve months on the Jamaica Stock Exchange Main Market, to be amongst the 26 rising stocks on Friday, out of 64 securities that were traded, up from 62 on Thursday, with 22 declining and 16 ending unchanged. The volume of stocks traded and the value.
The market closed following trading falling by 57 percent to 10,498,434 shares from 24,422,871 stock units on Thursday, with a fall in the value of stocks changing hands, valued at $215,888,588, 53 percent less than on Thursday, with an exchange of $456,706,109.
Trading ended with an average of 164,038 shares worth $3,373,259, down from 393,917 stock units at $7,366,228 on Thursday and month to date, an average of 288,212 units at $4,024,600 compared to 352,301 shares at $4,360,776 on Thursday and June with an average of 277,379 stock units at $3,134,117.
Supreme Ventures led trading with 2.40 million shares for 22.8 percent of total volume followed by Massy Holdings with 1.62 million stocks for 15.4 percent of the day’s trade, Transjamaican Highway closed with 1.55 million stock units for 14.8 percent of the volume traded, Sagicor Select Financial Fund with 1.47 million shares for 14 percent of the day’s trade, Lasco Distributors with 1.06 million stocks for 10.1 percent of the overall volume traded and Sagicor Real Estate Fund with 1.03 million stock units for 9.8 percent of market share.
The All Jamaican Composite Index rallied a solid 5,202.98 points to finish at a 5-year by a record high of 423,099.82, the JSE Main Index rose 2,502.79 points to settle at 355,579.82 and the JSE Financial Index popped by 0.64 points to end at 68.33. At the close, the Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended the day with the PE ratio averaging 15.3. ICInsider.com compiles the JSE Main and USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the close of trading, AS Bryden fell 75 cents and ended at $23.20 with 6,647 stock units crossing the market, Caribbean Cement rose $1 to $103 with a transfer of 18,212 shares, Eppley dropped $1.60 to end at $31.90 with investors dealing in 3,947 units. Eppley Caribbean Property Fund gained 50 cents in closing at $45 with 5 stocks crossing the market, Guardian Holdings shed $12.94 to close at $325.05 in an exchange of 735 units, Jamaica Producers popped 85 cents to finish at $22.95 after the trading of 100 stocks. Kingston Properties lost $1.10 to $9.89 in an exchange of 19,353 shares, Kingston Wharves increased 60 cents to $36.30 with a transfer of 376 stock units,
NCB Financial climbed $2 to finish at a 52 weeks closing high of $65 after an exchange of 235,149 shares, with the price trading at an intraday high of $66 and more that doubling since August last year. Proven Investments advanced 45 cents to $11.45 with 4,451 stocks passing through the market, Quantas Advantage dipped $1.01 in closing at $19.99 in switching ownership of 146,197 units, Sagicor Group rallied 70 cents to $39.70 with investors trading 4,467 stock units. Sagicor Real Estate Fund slipped 90 cents to $8.10 with 1,030,603 shares crossing the exchange, Scotia Group ended at $58.00 with dealers swapping 37,590 shares and Sygnus Real Estate Finance climbed $1.76 to end at $8.50 with 124 units clearing the market.
In the preference share segment, Eppley 7.25% preference share declined 44 cents and ended at $19.05 as investors exchanged 1,009 stocks, Jamaica Public Service 9.5% skidded $49.83 to finish at $2,350.17 with 10 shares changing hands, 138 Student Living preference share lost $30 to close at $205 with investors trading 89 stocks. Productive Business Solutions 10.5% dropped $99.74 to $1,100.26 after an exchange of 100 units and Sygnus Credit Investments C10.5% fell $5 to close at $100 in trading 2,850 stock units.Closing prices of stocks trading are those of the last transaction.