NCB Financial tops trading on JSE market


Friday closed the week with heightened trading on the Jamaica Stock Exchange, helped by a block of NCB Financial and Sagicor Select Manufacturing and Distribution Fund shares, leading to a big rise in the volume and value of stocks changing hands, compared to that on Thursday. Market activities resulted in the major indices of the Main Market falling, while the Junior Market and the JSE USD Market rose. At the end of trading, prices of 43 shares rose, 26 declined and 33 remained firm.

At the close of the market, the JSE Combined Market Index declined 1,167.81 points to close at 323,151.20, the All Jamaican Composite Index dropped by 1,008.60 points to 360,613.39, the JSE Main Index shed 1,306.41 points to finish at 313,492.87, the Junior Market Index rose 11.52 points to 3,261.76 and the JSE USD Market Index gained 1.28 points to 205.03.
At the close, 50,637,252 shares were traded in all three markets, up from 21,514,234 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $824.57 million, up sharply from $189.72 million on the previous day. The JSE USD market closed with an exchange of 1,555,322 shares for US$57,633, down from 1,737,956 units at US$106,511 on Thursday.
In Main Market activity, NCB Financial led with 17.53 million shares with a value of $684 million, followed by Sagicor Select Manufacturing & Distribution Fund with 13.10 million stocks and Transjamaican Highway with 3.71 million units.
In Junior Market trading, Kintyre Holdings, led trading, with 2.49 million shares, followed by Atlantic Hardware with 1.26 million stocks and Omni Industries with 900,063 units.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2025-26 earnings and 15 based on 2024 historical earnings, excluding any major one time income or expense.
The ICInsider.com PE ratio chart and the other detailed daily charts provide investors with regularly updated data to help decision-making.
The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market.
Pertinent data is required to navigate varying investment options in the stock market. The chart can be used in making rational investment 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 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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