NCB Financial pressure JSE Main Market


NCB Financial dropped in the morning session to a 52 week intraday low of $32, with trading in the stock halted for an hour until 11:46, after which trading resumed and ended at a 52 week closing low of $38.50, with 912,847 shares traded. Trading closed on the Jamaica Stock Exchange with a rise in the volume and the value of stocks exchanged on Monday, than Friday.

Trading resulted in the Main Market primary indices declining sharply, while the Junior Market index slipping modestly and the JSE USD Market inching higher, following the prices of 37 shares rising, 45 falling and 30 ending firm.
The JSE Combined Market Index sank 3,968.06 points to close trading at 319,980.25, the All Jamaican Composite Index dived 5,655.76 points to end at 355,131.02, the JSE Main Index dropped 4,135.85 points to settle at 308,855.45, the Junior Market Index lost 2.19 points to 3,439.74 and the JSE USD Market Index popped 1.10 points to 204.94.
At the close of trading, 39,650,572 shares were exchanged in all three markets, up from 22,355,985 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $113.82 million, up from $101.16 million on the previous trading day and the JSE USD market closed with an exchange of 75,504 shares for US$8,352 well lower that the 255,956 units at US$19,600 on Friday.
In Main Market activity, Wigton Energy led trading with 25.57 million shares, followed by Transjamaican Highway with 2.69 million stocks and Sagicor Select Manufacturing & Distribution Fund with 1.99 million units.
In Junior Market trading, RA Williams led with 2.06 million shares, followed by Tropical Battery with 861,250 stocks and Image Plus with 441,548 units.
In the preference segment, 138 Student Living preference share climbed $4.99 in closing at $225 and Sygnus Credit Investments 10% skidded $5.49 to $104.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2024-25 profits and an average of .16.3 based on 2024 earnings. The ICInsider.com PE ratio chart and the other, more detailed daily charts provide investors with regularly updated information to help in the making of investment decisions. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and 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 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 in assessing 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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