NCB lifts JSE Main market, Juniors fall


Trading closed Monday on the Jamaica Stock Exchange with a fall in the volume and value of stocks that were exchanged, with a lower value than on Friday, with NCB Financial Group shooting right out of the box at the start to hit a near two years high of $59.22 before closing at $52, resulting in the major indices Main Market enjoying another day of solid gains, the Junior Market index declining and the JSE USD Market climbing. At the end of trading, prices of 33 shares rose, 41 declined and 33 remained firm.

At the close of the market, the JSE Combined Market Index popped 2,170.75 points to conclude trading at 348,725.74, as the All Jamaican Composite Index gained 3,785.56 points to close at 400,634.36, the JSE Main Index added 2,376.90 points to close at 340,494.19, the Junior Market Index dipped 14.07 points to end at 3,226.55 and the JSE USD Market Index slipped by 3.61 points to 258.48.
At the close of trading, 21,100,807 shares were exchanged in all three markets, down from 31,495,073 units on Friday, with the value of stocks traded on the Junior and Main markets amounting to $71.55 million, down from $106.78 million on the previous day and the JSE USD market closed with an exchange of 224,230 shares for US$10,779 compared to 162,071 units at US$8,365 on Friday.
In Main Market activity, Lasco Distributors led trading with 4.13 million shares, followed by Transjamaican Highway with 3.42 million stocks and JMMB 9.5% with 2.28 million units.
In Junior Market trading, Kintyre Holdings led with 2.66 million shares, followed by Woodcats International with 1.94 million stock units and Atlantic Hardware with 1.52 million units.
In the preferred  segment, Eppley 7.25% preference share skidded $2.84 to end at $16.
At the close of trading, the market’s PE ratio ended at 15.5. The PE is computed using projected 2026-27 earnings and 15 based on 2025 historical earnings, excluding major one-time income or expenses. The PE ratio is one of the most used measures for valuing shares and is calculated by dividing the stock price by the company’s earnings per share. The ICInsider.com PE ratio chart and the detailed daily charts provide investors with regularly updated information to assist in decision-making. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, with easy comparisons within sectors and the overall market.
Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing around the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotion from investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. Dividends that are paid or 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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