NCB grabs JSE Main Market share


NCB Financial grabbed 31 percent of stocks trading on the Jamaica Stock Exchange Main Market on Monday, with the volume of stocks traded declining 53 percent and the value 10 percent less than on Friday. Trading ended with activity in 63 securities, similar to trading on Friday, and resulted in prices of 22 stocks rising, 28 declining and 13 ending unchanged as the market indices closed higher at the end of the day.

The market closed with the trading of 10,177,449 shares for $204,345,478, after falling from 21,498,975 stock units at $226,400,641 on Friday.
The average trade for the day ended at 161,547 shares at $3,243,579, after falling from 341,254 units for $3,593,661 on Friday and month to date, an average of 226,010 units at $2,111,912, in contrast with 232,667 shares at $1,995,035 on the prior trading day and January with an average of 271,336 stock units at $2,043,022.
NCB Financial led trading with 3.20 million shares for 31.4 percent of total volume, followed by Transjamaican Highway with 2.72 million units for 26.8 percent of the day’s trade and Wigton Energy with 822,250 stocks for 8.1 percent of the volume traded.
The All Jamaican Composite Index advanced 1,852.11 points to end at 398,830.98, the JSE Main Index rallied 1,041.96 points to settle at 341,829.27 and the JSE Financial Index slipped 0.09 points to 62.55. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 17.6. The JSE Main and the USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2026.
At the close of the market, AS Bryden climbed $1 and ended at $31 after a transfer of 284,322 shares, Barita Investments rose $1.05 to $70.23 with investors trading 787 stocks, Eppley shed 45 cents to $33.50 after an exchange of 3,574 shares. GraceKennedy lost 68 cents to end at $71.21 with 5,818 stock units passing through the market, Guardian Holdings rallied $11.90 to close at $359.90 with investors swapping 439 units, Massy Holdings dipped $1.50 to finish at $72.50 with 273,928 shares changing hands. Mayberry Jamaican Equities fell $1.76 to $6.07 with investors trading 3,000 stock units, NCB Financial increased $1.24 in closing at $44 after an exchange of 3,200,228 units, Pan Jamaica dropped $2.45 to finish at $45.61 with 8,394 stock units crossing the market. Seprod popped $1.50 and ended at $81 after an exchange of 8,045 shares and Stanley Motta advanced 35 cents to close at $6.35 in trading 5,685 units.
In the preference segment, Eppley 7.25% preference share sank $2.80 to end at $16.70 with 1,990 stocks clearing the market. Jamaica Public Service 7% gained $5.43 to $42.50 in an exchange of 439 stock units, Sygnus Credit Investments 10% declined $2 to end at $105 with traders dealing in 2,000 shares and Sygnus Credit Investments C10.5% popped 50 cents in closing at $100.50 in an exchange of 1,762 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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