NCB Financial traded 12.85 million shares valued at just over $578 million on the Jamaica Stock Exchange Main Market ended on Thursday, the major driver in the value surging 532 percent more than on Wednesday from a declined by 27 percent drop in shares changing hands, with trading in 57 securities swapped similar to trading on Wednesday, ending with prices of 15 rising, 29 declining and 13 ending unchanged.
market closed with 25,828,337 shares trading for $632,142,176 compared to 35,151,057 stocks at $100,056,439 on Wednesday.
Trading averaged 453,129 units at $11,090,214 compared with 616,685 stocks at $1,755,376 on Wednesday and month to date, an average of 479,635 units at $4,773,622 falling below the 492,548 shares at $1,696,308 on the previous day and March with an average of 896,190 stock units at $20,804,277.
NCB Financial led trading with 12.85 million shares for 49.8 percent of total volume followed by Sagicor Select Financial Fund which ended with 6.47 million stocks for 25.1 percent of the day’s trade, Transjamaican Highway closed with 3.08 million stock units for 11.9 percent of the volume traded and JMMB 9.5% preference share ended with 1.06 million shares for 4.1 percent of market trade with the price closing at a 52 weeks; low of $1.01.
The All Jamaican Composite Index slipped 1,783.85 points to 373,662.25, the JSE Main Index fell 2,156.94 points to finish at 322,879.47 and the JSE Financial Index fell 0.56 points to settle at 66.84. The Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Berger Paints rose 70 cents and ended at $8.99 with a transfer of 366 shares, Caribbean Cement slipped $1.97 to $85 with 37,777 stocks crossing the market, Caribbean Producers rallied 70 cents to close at $8.70 with an exchange of 4,394 shares. Eppley Caribbean Property Fund fell 50 cents to end at $33 with 2,230 stock units crossing the market, Jamaica Producers declined 70 cents to close at $24.50 with investors trading 151,326 units, Kingston Wharves shed 74 cents to finish at $28.75 with 13,099 stocks clearing the market. Margaritaville increased 73 cents to $13.90 as investors exchanged 1,100 units, Massy Holdings sank $2.47 to $78.53 and closed with an exchange of 15,054 shares, NCB Financial dipped $5 and ended at $44.99 with investors dealing in 12,852,020 stock units. Sagicor Group lost $1 to close at $43 in an exchange of 1,866 shares, Seprod popped 35 cents in closing at $88.35 with investors swapping 8,497 stocks and Supreme Ventures sank 83 cents to end at $19.56 with 16,009 stock units passing through the market.
In the preference segment, Eppley 7.25% preference share gained $2.99 to $20 with a mere one stock unit crossing the exchange, Jamaica Public Service 7% dropped $5.64 to end at $34.36 with 18 shares switching owners, 138 Student Living preference share skidded $33.82 to close at $196.18 after an exchange of 2 units. Sygnus Credit Investments 10% lost $3 to finish at a 52 weeks’ low of $97 with investors trading 600 stocks and Sygnus Credit Investments C10.5% fell $2 and ended at $103 after an exchange of 2,815 stock units after trading at a 52 weeks’ intraday low of $76.25.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.