Month end bounce hits JSE Main Market

 

Stocks mostly rose to close out the half year with gains at the close of trading on the Jamaica Stock Exchange Main Market on Friday, resulting in some stocks hitting new yearly highs and lows, with Carreras ending at a 52 weeks’ high of $9.43, Jamaica Broilers trading at an intraday high of $40, while NCB Financial sank to a multiyear closing low of $54.84, following a 98 percent jump in the volume of stocks traded with the value rising 113 percent more than on the prior day.

Carreras hits a new yearly high on Friday.

Trading ended with activities in 61 securities up from 55 on Thursday and ended with prices of 24 stocks rising, 23 declining and 14 ending unchanged, resulting in 27,058,198 shares trading at $213,443,083 compared with 13,687,861 units at $100,043,332 on Thursday.
Trading averaged 443,577 shares at $3,499,067 versus 248,870 units at $1,818,970 on Thursday. For the month to date, trading averaged 246,425 units at $1,945,941 up from with 235,472 units at $1,859,656 on the previous day and May that closed with an average of 336,947 units at $2,177,110.
Wigton Windfarm led trading with 14.05 million shares for 51.9 percent of total volume followed by Sagicor Select Financial Fund with 2.64 million units for 9.8 percent of the day’s trade, Transjamaican Highway with 2.45 million stock units for 9 percent of market share and Supreme Ventures with 1.56 million shares for 5.8 percent of total volume.
The All Jamaican Composite Index jumped 3,166.41 points to close at 358,136.59, the JSE Main Index rose 1,525.91 points to close trading at 318,919.87 and the JSE Financial Index gained 0.56 points to close at 66.85.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 19 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden dropped $1.60 to $36 with investors transferring 222 units, Barita Investments had a typical end of quarter move with both the price and volume popping higher, with a rise of $3.14 to $74.89 and an exchange of 742,141 stocks, Caribbean Cement increased $2.98 in closing at $64.98, closing with an exchange of 32,544 shares. Caribbean Producers popped 60 cents to end at $9.60 with investors trading 878,024 units, Eppley fell $2.38 to close at $36.50, with 1,125 shares crossing the exchange, Eppley Caribbean Property Fund gained $2.99 to finish at $40 in trading 291 units. Guardian Holdings shed $5 and ended at $345 after 346 stocks passed through the market, Jamaica Broilers rose $2.50 to $35.50 with an exchange of 819,391 stock units, Jamaica Producers advanced 50 cents to finish at $25 with 142,941 shares clearing the market. Kingston Wharves dropped 49 cents in closing at $26 as investors exchanged 82,906 stock units, Mayberry Group lost 69 cents to close at $7.31 after a transfer of 324 stocks, Mayberry Jamaican Equities slipped 49 cents to end at $9 in the trading of 40,000 units. NCB Financial sank $1.16 to end at a multiyear closing low of $54.84 after an exchange of 30,415 stocks and trading as low as $52.90, Pan Jamaica declined $4.47 to finish at $46 with investors trading 360,819 shares, Sagicor Group climbed 50 cents and ended at $41 after an exchange of 93,948 stock units. Seprod popped $7.90 in closing at $87.90 after 54,417 units raced across the market and Supreme Ventures climbed $2.90 to end at $26 in an exchange of 1,563,786 stocks.
In the preference segment, Jamaica Public Service 7% rose $6.47 to close at $47.97 with investors swapping 41 units. JMMB Group 7% preference share rallied 42 cents to $2.76 with a transfer of 11 shares, 138 Student Living preference share jumped $19.55 to end at $200, with 1,183 stock units changing hands and Sygnus Credit Investments C10.5% skidded $2 in closing at $108 with traders dealing in 500 shares.

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

Fewer $$s passed through JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 78 percent increase in the volume of stocks exchanged rising with a 77 percent lower value than on Wednesday, resulting in trading in eight securities, similar to Wednesday with prices of one rising, six declining and one ending unchanged.
The market closed with an exchange of 245,101 shares for US$5,275 compared to 137,354 units at US$22,495 on Wednesday.
Trading averaged 30,638 units at US$659 compared to 17,169 shares at US$2,812 on Wednesday, with a month to date average of 44,733 shares at US$3,256 compared with 45,696 units at US$3,434 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index skidded 1.23 points to lock up trading at 235.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.9. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of trading, First Rock Real Estate USD share ended at 4 US cents as investors exchanged 7,595 stock units, MPC Caribbean Clean Energy dipped 0.01 of a cent in closing at 63.99 US cents with 100 shares changing hands, Proven Investments fell 0.55 of one cent to 12.45 US cents in an exchange of 912 units. Sterling Investments dipped 0.01 of a cent and ended at 1.53 US cents with 8,930 stock units crossing the market, Sygnus Credit Investments rose 1 cent to finish at 7 US cents in an exchange of 1,829 units, Sygnus Real Estate Finance USD share shed 0.87 of one cent to close at 10.12 US cents after 196 stocks passed through the market and Transjamaican Highway declined 0.02 of a cent to 1.98 US cents after 225,515 shares crossed the exchange.
In the preference segment, JMMB Group 5.75% lost 5 cents to end at US$1.80, with a transfer of 24 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

NCB Financial hits multi year low

NCB Financial dropped during the day to an 11year intraday low of $52 before bouncing back to close at $56 on the Jamaica Stock Exchange Main Market on Thursday, with the volume of stocks traded in the overall market rising just by 4 percent with the value falling 12 percent lower than on Wednesday, with trading in 55 securities down from 59 on Wednesday, with prices of 19 stocks rising, 23 declining and 13 ending unchanged.
The market closed with 13,687,861 shares being traded for $100,043,332 compared to 13,147,467 stock units at $113,060,902 on Wednesday.
Trading averaged 248,870 shares at $1,818,970 compared with 222,838 units at $1,916,286 on Wednesday. Trading  month to date, ended with an average of 235,472 stock units at $1,859,656 compared to 234,765 units at $1,861,801 on the previous day and May with an average of 336,947 units at $2,177,110.
Wigton Windfarm led trading with 3.88 million shares for 28.3 percent of total volume followed by Transjamaican Highway with 3.12 million stocks for 22.8 percent of the day’s trade and Sagicor Select Financial Fund with 2.96 million units for 21.6 percent of the day’s trade.
The All Jamaican Composite Index dipped 2,566.82 points to settle at 354,970.18, the JSE Main Index declined 2,262.58 points to 317,393.96 and the JSE Financial Index skidded 0.70 points to end the day at 66.29.
The Main Market ended trading with an average PE Ratio of 14.9. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts done by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden dropped $3.88 to $37.60 as investors exchanged 257 stocks, Berger Paints fell $1.29 to close at $8.51 in trading 746 units, Caribbean Cement skidded 99 cents to finish at $62 with 72,805 shares crossing the market. Guardian Holdings advanced $5 and ended at $350 with a transfer of 8 stock units, Jamaica Broilers lost 44 cents to end at $33, with 14,211 shares crossing the exchange, Kingston Wharves rose 49 cents in closing at $26.49 with investors transferring 312,439 stock units. NCB Financial declined 50 cents to $56 in switching ownership of 246,919 stocks, after trading at an intraday 52 weeks low of $52, Sagicor Group shed 50 cents to end at $40.50 with investors dealing in 4,301 units, Scotia Group climbed $1 to end at $45 with 86,230 shares clearing the market. Supreme Ventures dropped 89 cents to end at $23.10 in an exchange of 34,131 units and Wisynco Group popped 66 cents and ended at $21.22 with investors trading 40,955 stocks.
In the preference segment, Jamaica Public Service 7% sank $6.49 to close at $41.50, with 12 stocks passing through the market, JMMB Group 7% preference share slipped 90 cents to $2.34 after a transfer of 5,000 shares and 138 Student Living preference share rallied $44.71 in closing at $180.45 with traders dealing in 67 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market bounces with increased trades

The Jamaica Stock Exchange Main Market closed higher on Wednesday, with a 16 percent rise in the volume of stocks traded with a 10 percent higher value than on Tuesday, following trading in 59 securities up from 54 on Tuesday, and ended with prices of 25 rising, 13 declining and 21 ending unchanged.
The Main Market closed with trading of 13,147,467 shares for $113,060,902 up from 11,380,554 units at $102,771,663 on Tuesday.
Trading finished with an average of 222,838 shares at $1,916,286 up from 210,751 stock units at $1,903,179 on Tuesday. Trading for the month to date, averages 234,765 units at $1,861,801, marginally more than 235,480 stocks at $1,858,534 on the previous day and May with an average of 336,947 units at $2,177,110.
Transjamaican Highway led trading with 3.08 million shares for 23.4 percent of total volume followed by Wigton Windfarm with 2.12 million units for 16.1 percent of the day’s trade and Sygnus Credit Investments with 1.33 million units for 10.1 percent of the day’s trade.
The All Jamaican Composite Index popped 803.03 points to 357,537.00, the JSE Main Index advanced 1,434.43 points to end trading at 319,656.54 and the JSE Financial Index fell 0.37 points to close trading at 66.99.
The Main Market ended trading with an average PE Ratio of 14.1. The JSE Main and 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 2025.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, AS Bryden jumped $4.39 to $41.48 with an exchange of 56 stock units, Barita Investments rallied 60 cents and ended at $71.70 with 2,727 shares clearing the market, Berger Paints rose 80 cents in closing at $9.80 with investors trading 8,695 stocks. Guardian Holdings dropped $15 to end at $345 after a transfer of 62 units, Jamaica Broilers gained $1.44 to close at $33.44 in trading 504,743 shares, JMMB Group advanced 96 cents to finish at $25.50, with 519,086 units changing hands. MPC Caribbean Clean Energy jumped $6.94 to $90 with a transfer of 35 stocks, Pan Jamaica fell 75 cents to finish at $50.75 after traders swapped 254,028 stocks, Sagicor Group climbed 50 cents and ended at $41 in an exchange of 8,573 shares. Scotia Group slipped 89 cents to close at $44 with investors trading 29,563 units, Sygnus Credit Investments popped $1.47 to end at $12.16 after shareholders traded 1,330,198 stocks and Wisynco Group lost 44 cents in closing at $20.56 with investors dealing in 10,176 stock units.
In the preference segment, Productive Business Solutions 10.5% preference share rallied $50 to $1,100 with 47 shares crossing the market and Sygnus Credit Investments C10.5% rose $2 to end at $110 as traders exchanged 20 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

8% jump for JSE USD stocks

The US Denominated Equities Index surged 17.10 points or 7.8 percent in closing at 236.20 at the close of trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, following an 89 percent drop in the volume of stocks exchanged and an 80 percent drop in value than on Tuesday, resulting from trading in eight securities, up from five on Tuesday with prices of two rising, three declining and three ending unchanged.
The market closed with an exchange of 137,354 shares for US$22,495, down from 1,221,116 units at US$112,024 on Tuesday.
Trading averaged 17,169 units at US$2,812 versus 244,223 shares at US$22,405 on Tuesday, with a month to date average of 45,696 shares at US$3,434 compared with 47,790 units at US$3,480 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.7. The PE ratio is based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close of trading, AS Bryden increased 3.29 cents to end at 25.29 US cents with an exchange of 53 stocks, First Rock Real Estate USD share ended at 4 US cents with traders dealing in 1,277 units, Productive Business Solutions climbed 17.5 cents to US$1.45 after 110 shares passed through the market. Proven Investments ended at 13 US cents after an exchange of 1,528 stock units, Sterling Investments dipped 0.06 of a cent to 1.54 US cents after it closed with an exchange of 595 shares, Sygnus Credit Investments sank 1.8 cent in closing at a 52 weeks’ low 6 US cents in switching ownership of 27,200 stocks and Transjamaican Highway ended at 2 US cents as investors exchanged 91,713 units.
In the preference segment, JMMB Group US8.5% preference share slipped 2 cents in closing at US$1.25 in trading 14,878 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on JSE Main Market

Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 17 percent and the value 40 percent lower than on Monday, with trading in 54 securities compared with 60 on Monday, with prices of 24 stocks rising, 15 declining and 15 ending unchanged.
Investors traded 11,380,554 shares at $102,771,663 down from 13,700,341 units at $172,344,664 on Monday.
Trading averaged 210,751 shares at $1,903,179 compared to 228,339 units at $2,872,411 on Monday and month to date, an average of 235,480 units at $1,858,534 compared with 236,916 units at $1,855,942 on the previous day and May with an average of 336,947 units at $2,177,110.
Sagicor Select Financial Fund led trading with 3.39 million shares for 29.8 percent of total volume followed by Transjamaican Highway with 1.57 million units for 13.8 percent of the day’s trade and Carreras with 1.17 million units for 10.3 percent of the day’s trade.
The All Jamaican Composite Index rallied 937.75 points to close at 356,733.97, the JSE Main Index popped 139.64 points to culminate at 318,222.11 and the JSE Financial Index advanced 0.08 points to conclude trading at 67.36.
The Main Market ended trading with an average PE Ratio of 14.1. The JSE Main and 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 2025.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of trading, Caribbean Cement gained 74 cents to end at $63 with investors trading 1,549 shares, Eppley Caribbean Property Fund lost $4.99 in closing at $37.01 in an exchange of 3,257 stocks, Jamaica Broilers sank $1.34 to $32 with investors dealing in 58,968 shares. JMMB Group declined 76 cents to close at $24.54 in an exchange of 125,377 stock units, Kingston Wharves popped 50 cents and ended at $26 with 953,157 shares clearing the market, NCB Financial rallied $1.80 to finish at $56.80 after a transfer of 114,132 stocks. Pan Jamaica increased 50 cents to $51.50 after an exchange of 40,296 units, Proven Investments climbed 50 cents to end at $20 with investors transferring 68,892 stock units, Sagicor Group rose 50 cents to $40.50, with 10,575 shares crossing the market. Sagicor Real Estate Fund advanced 52 cents to finish at $8.02 after exchanging 250 stock units, Scotia Group rose $2.04 and ended at $44.89 with investors swapping 5,550 stocks, Stanley Motta fell 50 cents to close at $6, with 9,984 stock units changing hands. Supreme Ventures rallied 99 cents to $23.99 with 84,590 shares changing hands and Wisynco Group increased $1 to end at $21 in trading 41,618 units.
In the preference segment, Eppley 7.75% preference share climbed $1.42 in closing at $19.99 after an exchange of 222 stocks and 138 Student Living preference share dropped $23.96 to finish at $135.74 after trading 9 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Surge in JSE Main Market value

Rising stocks pushed the Main Market of Jamaica Stock Exchange sharply higher at the close on Monday, with the All Jamaican Composite Index surging 6,573.73 points to 355,796.22, the JSE Main Index jumped 4,806.02 points to 318,082.47 and the JSE Financial Index rose 1.44 points to 67.28, following a 25 percent drop in the volume of stocks traded after an 18 percent decline in value compared to Friday.
Trading ended with an exchange of 60 securities up from 58 on Friday, with prices of 24 stocks rising, 21 declining and 15 ending unchanged.
The market closed with 13,700,341 shares trading for $172,344,664 from 18,284,634 units at $210,425,299 on Friday.
Trading averaged 228,339 shares at $2,872,411 compared with 315,252 units at $3,628,022 on Friday and month to date, an average of 236,916 units at $1,855,942 versus 237,508 units at $1,785,841 on the previous day and May that closed with an average of 336,947 units at $2,177,110.
Sagicor Select Financial Fund led trading with 3.75 million shares for 27.4 percent of total volume followed by Wigton Windfarm with 1.94 million units for 14.2 percent of the day’s trade, NCB Financial ended with 1.52 million units for 11.1 percent of market share, Carreras followed with 1.24 million units for 9.1 percent trading and Transjamaican Highway with 1.23 million units for 9 percent of total volume.
The Main Market ended trading with an average PE Ratio of 14.3. The JSE Main and 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 2025.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments skidded 71 cents to $71 with traders dealing in 6,001 stock units, Berger Paints jumped $1.28 to $9.28 after trading 1,604 shares, Eppley Caribbean Property Fund rose $5 to close at $42 with investors trading 352 units. First Rock Real Estate climbed 50 cents to $10 after 260,735 stocks were traded, Jamaica Producers rallied $2.50 to finish at $24 with an exchange of 203,434 shares, Jamaica Stock Exchange popped $1 and ended at $ 11 with 538,235 units crossing the market. JMMB Group advanced $3.05 to $25.30 with investors dealing in 615,810 stocks, Kingston Wharves rallied 50 cents and ended at $25.50 after an exchange of 502,908 stock units, Mayberry Group increased 92 cents to finish at $7.98 with investors trading 811 shares. MPC Caribbean Clean Energy lost $16.94 in closing at $83.06 with 5,147 stock units crossing the market,

NCB Financial shed $1.80 to close at a 52 weeks’ low of $55 as investors exchanged 1,516,844 units, with the price coming close to a level of support, but a price as low as $50 may not be out of place, with a PE ratio of 7 times this year’s earnings. Pan Jamaica popped $1 to end at $51, with 79,068 stocks changing hands, Proven Investments fell 50 cents in closing at $19.50 in trading 3,950 shares, Sagicor Real Estate Fund dipped 53 cents to $7.50 after a transfer of 50 units. Seprod rallied $1.50 and ended at $80 with 113,419 stocks clearing the market, Stanley Motta rose 60 cents to finish at $6.50 after an exchange of 5 stock units and Sterling Investments climbed 45 cents to close at $2.40 and closed with 4,125 shares being traded.
In the preference segment, Eppley 7.75% preference share sank $1.42 to end at $18.57 with a transfer of 648 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Declining stocks hit Main Market hard

Declining stocks sent the Jamaica Stock Exchange Main Market sharply lower at the end of trading on Friday, with trading in 58 securities down from 54 on Thursday, with prices of 20 stocks rising, 18 declining and 20 unchanged with the volume of stocks traded rising a 192 percent and the value 331 percent more than on Thursday.
The All Jamaican Composite Index dived 4,210.54 points to 349,222.49, the JSE Main Index dropped by 2,656.40 points to close trading at 313,276.45 and the JSE Financial Index slipped 0.68 points to settle at 65.84.
Trading accounted for 18,284,634 shares for $210,425,299 up sharply from 6,262,498 units at $48,874,680 on Thursday.
Trading averaged 315,252 shares at $3,628,022 compared with 115,972 units at $905,087 on Thursday and month to date, an average of 237,508 units at $1,785,841 compared to 231,955 units at $1,654,256 on the previous day and May that closed with an average of 336,947 units at $2,177,110.
Jamaica Producers led trading with 6.64 million shares for 36.3 percent of total volume followed by Sagicor Select Financial Fund with 4.58 million stocks for 25.1 percent of the day’s trade and Transjamaican Highway with 3.25 million units for 17.8 percent of the day’s trade.
The Main Market ended trading with an average PE Ratio of 13.9. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings projected by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints dipped $1.29 to close at $8 with investors trading 15,100 stock units, Caribbean Cement gained 98 cents to end at $62.26 after an exchange of 5,223 shares, Eppley popped $2.45 and ended at $38.95 with investors dealing in 250 stocks. Eppley Caribbean Property Fund fell $5 to end at $37 with 2,975 units clearing the market, GraceKennedy slipped 94 cents to close at $74.06 in an exchange of 52,515 shares, Guardian Holdings rallied $10 to finish at $360 and closed with an exchange of 861 units. Jamaica Broilers rose $1.35 to $33.35, with 1,812 stocks crossing the exchange, Jamaica Stock Exchange climbed 40 cents in closing at $10, with 11,301 stock units changing hands, JMMB Group sank $1.75 to end at a 52 weeks’ closing low of $22.25 in trading 894,112 shares. Kingston Wharves rose 96 cents to finish at $25, with 7,672 stocks crossing the market, Margaritaville shed $1.85 and ended at $13.60 in switching ownership of 69 units, Mayberry Jamaican Equities advanced 40 cents to close at $9.52, with 209 stock units crossing the market. MPC Caribbean Clean Energy dropped $8.44 to $100 after a transfer of 107 shares, Pan Jamaica popped $2 to finish at $50 with investors trading 4,020 stocks, Scotia Group lost $2.04 and ended at $42.76 after 116,965 units passed through the market. Stanley Motta declined $1.01 to end at $5.90 as investors exchanged 18 stocks and Sterling Investments skidded 44 cents in closing at $1.95 in trading 22,862 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks closed lower on JSE USD Market

US dollar-denominated stocks closed lower at the end of trading on the Jamaica Stock Exchange ended on Friday, with the volume of stocks exchanged surging 187 percent with a 59 percent lower value than on Thursday, resulting in trading in seven securities, similar to that on Thursday with prices of one rising and six declining.
The market closed with an exchange of 181,904 shares for US$17,375 compared to 63,388 units at US$42,622 on Thursday.
Trading averaged 25,986 units at US$2,482 compared to 9,055 shares at US$6,089 on Thursday, with a month to date average of 39,846 shares at US$2,670 compared with 40,889 units at US$2,684 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index slipped 0.75 points to close at 218.37.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.9. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share skidded 0.5 of a cent and ended at 4 US cents, with 72,261 shares changing hands, Margaritaville fell 1 cent to 8 US cents in an exchange of 1,652 units, Proven Investments slipped 0.5 of a cent to end at 12.5 US cents after just 90 stocks passed through the market. Sygnus Credit Investments popped 0.8 of a cent in closing at 7.82 US cents after an exchange of 1,000 stock units and Transjamaican Highway lost 0.03 of a cent to finish at 1.97 US cents with 104,147 shares clearing the market.
In the preference segment, JMMB Group 5.75% shed 10 cents to close at US$1.85 with investors swapping 1,892 stock units and Sygnus Credit Investments E8.5% dipped 5 cents to US$10.05 with 862 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

NCB weighting down Main Market

The heavily weighted NCB Financial continue to pressure trading on the Jamaica Stock Exchange Main Market, with the stock trading at a 52 weeks’ intraday low of $54.95 more than $10 lower than the ill-fated public offer price of $65 that closed a few weeks ago and pressuring the stock to a multi-year low.
Trading ended on the Main Market, with trading in 54 securities compared with 55 on Wednesday, with prices of 18 stocks rising, 26 declining and 10 ending unchanged.
The market closed with a 34 percent decline in the volume of 6,262,498 shares being traded down from 9,539,890 units on Wednesday, with the value traded falling 24 percent to $48,874,680 from $64,529,225.
Trading averaged 115,972 shares at $905,087 compared to 173,453 units at $1,173,259 on Wednesday and month to date, an average of 231,955 units at $1,654,256 compared with 240,217 units at $1,707,627 on the previous day and May that closed with an average of 336,947 units at $2,177,110.
Sagicor Select Financial Fund led trading with 1.82 million shares for 29.1 percent of total volume followed by Transjamaican Highway with 1.37 million units for 21.8 percent of the day’s trade and QWI Investments with 1.0 million units for 16 percent of the day’s trade.
The All Jamaican Composite Index rallied 961.07 points to finish at 353,433.03, the JSE Main Index skidded 477.47 points to end the day at 315,932.85 and the JSE Financial Index skidded 0.24 points to end at 66.52.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and 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 2025.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of market activity, AS Bryden sank $4.65 and ended at $37, with 50 stocks clearing the market, Caribbean Cement skidded $2.62 to $61.28 with investors swapping 13,472 units, First Rock Real Estate advanced 65 cents to finish at $9.50 and closed after an exchange of 489 shares. GraceKennedy fell $1.40 to $75 with traders dealing in 20,916 stock units, Guardian Holdings dipped $10 to close at $350, with 9 shares changing hands, Jamaica Stock Exchange lost 90 cents to end at $9.60 with investors transferring 20,000 units. JMMB Group popped 99 cents to $24 after exchanging 14,434 stocks, Kingston Wharves declined $1.71 to finish at $24.04 with 20,219 stock units crossing the market, Margaritaville shed 77 cents and ended at $15.45 with an exchange of 70 shares. Massy Holdings climbed $1 to close at $88 in trading 20,241 stock units, Mayberry Group dropped 98 cents in closing at $7.02 as investors exchanged 5,387 stocks, Mayberry Jamaican Equities slipped 40 cents to end at $9.12 after a transfer of 700 units. NCB Financial fell 95 cents to end at a 52 weeks’ closing low of $56.80 with investors dealing in 425,340 stocks, 138 Student Living rose 50 cents to finish at $4.10 in an exchange of 8,035 units, Pan Jamaica declined $1.97 to $48, with 26,900 shares crossing the market. Sagicor Real Estate Fund rallied 53 cents to end at $8.03 in an exchange of 161 stock units, Seprod lost $1 in closing at $78.50 after 1,596 shares passed through the market, Stanley Motta increased 91 cents to close at $6.91 with a transfer of 350 units and Sygnus Credit Investments gained 44 cents to $10.90 after an exchange of 106,765 stocks.
In the preference segment, Eppley 7.50% preference share rose $1 and ended at $6.50 with investors trading 142 stock units and Jamaica Public Service 7% rallied $1.99 to end at $47.99, with 522 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.