NCB Financial traded 12.85 million shares valued at just over $578 million on the Jamaica Stock Exchange Main Market ended on Thursday, the major driver in the value surging 532 percent more than on Wednesday from a declined by 27 percent drop in shares changing hands, with trading in 57 securities swapped similar to trading on Wednesday, ending with prices of 15 rising, 29 declining and 13 ending unchanged.
market closed with 25,828,337 shares trading for $632,142,176 compared to 35,151,057 stocks at $100,056,439 on Wednesday.
Trading averaged 453,129 units at $11,090,214 compared with 616,685 stocks at $1,755,376 on Wednesday and month to date, an average of 479,635 units at $4,773,622 falling below the 492,548 shares at $1,696,308 on the previous day and March with an average of 896,190 stock units at $20,804,277.
NCB Financial led trading with 12.85 million shares for 49.8 percent of total volume followed by Sagicor Select Financial Fund which ended with 6.47 million stocks for 25.1 percent of the day’s trade, Transjamaican Highway closed with 3.08 million stock units for 11.9 percent of the volume traded and JMMB 9.5% preference share ended with 1.06 million shares for 4.1 percent of market trade with the price closing at a 52 weeks; low of $1.01.
The All Jamaican Composite Index slipped 1,783.85 points to 373,662.25, the JSE Main Index fell 2,156.94 points to finish at 322,879.47 and the JSE Financial Index fell 0.56 points to settle at 66.84. The Investor’s Choice bid-offer indicator shows 16 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 13.4. 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.
At the close of the market, Berger Paints rose 70 cents and ended at $8.99 with a transfer of 366 shares, Caribbean Cement slipped $1.97 to $85 with 37,777 stocks crossing the market, Caribbean Producers rallied 70 cents to close at $8.70 with an exchange of 4,394 shares. Eppley Caribbean Property Fund fell 50 cents to end at $33 with 2,230 stock units crossing the market, Jamaica Producers declined 70 cents to close at $24.50 with investors trading 151,326 units, Kingston Wharves shed 74 cents to finish at $28.75 with 13,099 stocks clearing the market. Margaritaville increased 73 cents to $13.90 as investors exchanged 1,100 units, Massy Holdings sank $2.47 to $78.53 and closed with an exchange of 15,054 shares, NCB Financial dipped $5 and ended at $44.99 with investors dealing in 12,852,020 stock units. Sagicor Group lost $1 to close at $43 in an exchange of 1,866 shares, Seprod popped 35 cents in closing at $88.35 with investors swapping 8,497 stocks and Supreme Ventures sank 83 cents to end at $19.56 with 16,009 stock units passing through the market.
In the preference segment, Eppley 7.25% preference share gained $2.99 to $20 with a mere one stock unit crossing the exchange, Jamaica Public Service 7% dropped $5.64 to end at $34.36 with 18 shares switching owners, 138 Student Living preference share skidded $33.82 to close at $196.18 after an exchange of 2 units. Sygnus Credit Investments 10% lost $3 to finish at a 52 weeks’ low of $97 with investors trading 600 stocks and Sygnus Credit Investments C10.5% fell $2 and ended at $103 after an exchange of 2,815 stock units after trading at a 52 weeks’ intraday low of $76.25.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 169,059 shares worth $1,040,064 compared to 621,202 stock units at $3,237,460 on Wednesday.
At the close of the market, Angostura Holdings remained at $14.05 after an exchange of 5,000 shares, Ansa McAl rose $6 to $54 with 1,500 stock units being traded, CIBC Caribbean Bank shed 9 cents in closing at $8.10 after an exchange of 513 shares. First Citizens Group ended at $42 after investors ended trading off 2,802 stock units, GraceKennedy sank 4 cents and ended at $3.65 after a transfer of 1,308 units, Guardian Holdings lost 4 cents to end at a 52 weeks’ low of $14.81 with investors trading 1,700 stocks. Guardian Media dipped 1 cent in closing at a 52 weeks’ low of 95 cents in an exchange of 624 units, JMMB Group remained at $1.22 after 37,000 shares passed through the market, L.J. Williams B share ended at 90 cents with 439 stock units crossing the exchange. Massy Holdings ended at $3.89 with investors swapping 37,249 shares, National Enterprises rose 5 cents to end at $2.65 and closed with 900 units changing hands, National Flour Mills fell 12 cents to finish at $1.50 in an exchange of 24,849 stocks.
The market closed with 35,151,057 shares trading for $100,056,439, comfortably above Tuesday’s trade with 22,477,080 stock units for $98,411,558.
The Main Market ended trading with an average PE Ratio of 13.6. 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.
The market closed with trading of 621,202 shares worth $3,237,460 compared to 820,603 stock units at $6,335,662 on Friday.
Calypso Macro Investment Fund dropped $1.50 to end at $23.50 after an exchange of 80 stocks, CIBC Caribbean Bank ended at $8.19 and closed after the trading of 1,544 stocks, Endeavour Holdings ended at $18 in an exchange of 10 units. First Citizens Group lost 12 cents to close at $42 with 20,417 stocks crossing the market, GraceKennedy remained at $3.69 with investors dealing in 121 shares, Guardian Holdings ended at $14.85 with investors trading 322 stock units. Guardian Media remained at 96 cents in switching ownership of 7 shares, JMMB Group remained at $1.22 with investors swapping 1,755 stock units, Massy Holdings declined 1 cent in closing at $3.89 with a transfer of 38,854 stocks. National Enterprises fell 5 cents to $2.60 as 23,000 units passed through the market, National Flour Mills slipped 8 cents and ended at $1.62 after a transfer of 100,045 stocks, NCB Financial ended at $2.34 with traders dealing in 400,786 shares.
The market closed with 22,477,080 shares being traded for $98,411,558, down from 35,403,032 stock units at $428,792,197 on Monday.
The Main Market ended trading with an average PE Ratio of 13.7. 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.
The market closed with 35,403,032 shares trading for $428,792,197, down from 211,546,624 stock units at $4,258,930,941 on Friday.
The Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and none with a lower offer.
The average PE ratio of the market closed at 8.09, up from 7.74 based on 2023 earnings and 5.72 based on estimates of 2024 earnings. The difference illustrates the market’s current undervalued level and the potential gains ahead.
The market closed with trading of 211,546,624 shares for $4,258,930,941, up from 197,123,972 stock units at $470,952,289 on Thursday.
The All Jamaican Composite Index popped 1,461.32 points to conclude trading at 378,006.39; at the same time, the JSE Main Index climbed 1,254.58 points to close at 325,739.24 and the JSE Financial Index rallied 0.62 points to end trading at 68.07.
The market closed with trading of 820,603 shares for $6,335,662, up from just 339,143 stock units at $5,290,186 on Thursday.
Ansa McAl ended at $50 with a transfer of 5,353 units, CIBC Caribbean Bank shed 31 cents to close at $8.19 with investors swapping 1,800 shares. Endeavour Holdings ended at $18 in switching ownership of 50 stock units, First Citizens Group ended at $42.12 with 821 shares being traded, Guardian Holdings shed 2 cents to finish at $14.85 in trading 885 units. Guardian Media ended at 96 cents with 21 stocks clearing the market, JMMB Group advanced 2 cents to close at $1.22 in an exchange of 510 stock units, L.J. Williams B share popped 9 cents and ended at 90 cents with 1,000 shares crossing the market. Massy Holdings remained at $3.90 after an exchange of 521,273 stocks, National Enterprises slipped 1 cent to end at $2.65 after the trading of 500 units, One Caribbean Media remained at $2.97 with an exchange of 505 stock units.
The market closed with 197,123,972 shares being traded with a value of $470,952,289, markedly more than the 29,612,887 stocks with a value of $125,457,922 on Wednesday.
The Main Market ended trading with an average PE Ratio of 15.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings per share forecasts by ICInsider.com for companies with the financial year ending around August 2025.