NCB, JMMB, SVL pushed JSE Main and Junior Markets sharply higher


The Jamaica Stock Exchange could not repeat the surge in trading on the market by Barita Investments and Transjamaican Highway on Friday and ended with a fall in the volume and value of stocks exchanged on Monday, with sharp price gains in NCB Financial, JMMG Group and Supreme Ventures along with others with lesser gains, resulted in a sharp rise for the Main Market and the Junior Market, consistent with end of month moves. The JSE USD Market declined moderately. At the close, the prices of 53 shares rose, 31 declined and 28 remained firm.

The JSE Combined Market Index surged by 4,678.69 points to end at 342,015.39, the All Jamaican Composite Index jumped 5,173.84 points to end at 383,180.23, the JSE Main Index climbed 4,365.05 points to finish at 330,104.29, the Junior Market Index popped 70.39 points to end trading at 3,673.94 and the JSE USD Market Index declined 2.04 points to 224.84.
At the close of trading, 56,767,722 shares were exchanged in all three markets, down from 223,671,543 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $475.56 million, well below the $4.28 billion on the previous day and the JSE USD market closed with an exchange of 815,187 shares for US$28,912 compared to 386,163 units at US$29,928 on Friday.
In Main Market activity, Wigton Energy led trading with 15.17 million shares, followed by Transjamaican Highway with 5.60 million stocks fresh from investors’ accounts being credited with new shares following the closure of the recent public share issue and Supreme Ventures with 4.08 million units.
In Junior Market trading, Future Energy led with 4.0 million shares followed by ONE on ONE Educational with 2.89 million stocks and Derrimon Trading with 2.73 million units.
In the preference segment, Eppley 7.75% preference share rallied $1.10 in closing at $21, 138 Student Living preference share increased $33 to $233 and Sygnus Credit Investments C10.5% dipped $1.45 to end at $97.
The market’s PE ratio, a frequently used measure to value stocks, ended at 15 based on 2024-25 earnings and 20.7 using 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all the ordinary shares on the Jamaica Stock Exchange and are grouped by industry, allowing investors to made 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 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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