NCB Financial was the highlight of trading on the Jamaica Stock Exchange Main Market on Thursday, capturing nearly 73 percent of all shares traded, with a value of $1.1 billion. The volume of all stocks traded rose 159 percent and the value surged 1,033 percent over Wednesday, following trading in 59 securities, up from 56 on Wednesday, ending with prices of 24 rising, 27 declining and eight ending unchanged.
The market closed with 30,058,965 shares trading for $1,238,526,471 after falling from 11,613,047 stocks at $109,315,635 on Wednesday.
Trading averaged 509,474 shares worth $20,991,974, in an increase from 207,376 stocks at $1,952,065 on Wednesday and month to date, an average of 233,684 stock units at $3,253,724, up from 212,104 shares at $1,865,717 on the prior day and May with an average of 328,145 stock units at $2,328,972.
NCB Financial led trading with 21.89 million shares for 72.8 percent of total volume, followed by Transjamaican Highway with 2.69 million stocks for 8.9 percent of the day’s trade and Kingston Wharves with 1.09 million units for 3.6 percent of total volume.
The All Jamaican Composite Index dipped 1,008.97 points to 408,441.14, the JSE Main Index fell 1,665.55 points to settle at 345,896.17 and the JSE Financial Index dipped 1.19 points to 64.85. At the close, the Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.9. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
The market closed with trading in, Caribbean Cement that rallied by 50 cents to $103 after the trading of 25,902 shares, Carreras rose 75 cents to end at a 52 weeks high of $30.20 after an exchange of 415,262 stock units, Eppley Caribbean Property Fund fell 75 cents to $41.25 following trading of 3,580 shares. Jamaica Stock Exchange declined 54 cents and ended at $10.05 with 26,601 units crossing the exchange, Kingston Properties rallied 90 cents to end at $10.90 with a transfer of 8,360 units, Kingston Wharves declined $3.25 to $33 following trading of 1,089,511 stocks. Margaritaville fell 75 cents to $9.50 with 28 shares passing through the market, Massy Holdings popped $2.75 to $73.80 with investors trading 60 units, Mayberry Group dropped 87 cents to $5.10 with an exchange of 58,598 stock units. NCB Financial climbed $2 to finish at a 52 weeks high of $60 with 21,886,684 shares changing hands, Proven Investments shed 75 cents to close at $10.75 with investors dealing in 3,100 stocks, Sagicor Group dipped $1.30 to end at $38.20 in an exchange of 205,002 units. Sagicor Real Estate Fund dipped 76 cents to $7.08 with investors swapping 4,020 stock units,
Salada Foods fell 49 cents to a 52 weeks low of $1.90 after a transfer of 266,533 shares, Scotia Group dipped 69 cents to $58.70 in an exchange of 110,038 stock units. Seprod increased $3.98 and ended at $76.98 with 49,970 units crossing the market, Supreme Ventures lost 49 cents to close at $17.31 after a transfer of 88,229 stocks and West Indies Petroleum advanced $1.26 to finish at $9.36 with 20,774 shares crossing the exchange.
In the preference share segment, Eppley 7.25% preferred slipped $2.88 to $16.32 in switching ownership of 7,508 stock units, 138 Student Living preference share climbed $25 in closing at $200 as investors exchanged 21 stocks, Productive Business Solutions 10.5% rallied $8 and ended at $1,158 with 183 units clearing the market. Sygnus Credit Investments 10% increased $2.48 to end at $111 after an exchange of 1,609 shares and Sygnus Credit Investments C10.5% shed $2.49 to finish at $104 with 51 units crossing the market.Prices of stocks are those of the last transaction unless otherwise stated.