Junior Market slips for a sixth day


The Junior Market of the Jamaica Stock Exchange slipped again on Wednesday, extending the losses for a sixth trading day out of seven, for the month, following trading in 41 securities compared with 40 on Tuesday and ending with prices of 10 rising, 15 declining and 16 closing unchanged. The volume of stocks traded rose 35 percent, as the value fell 53 percent lower than Tuesday.

The market closed with trading of 2,618,677 shares for $3,468,326, up from 1,938,618 stock units at $7,379,258 on Tuesday.
Trading averaged 63,870 shares at $84,593 compared with 48,465 stocks at $184,481 on Tuesday, with the month to date, averaging 1,518,005 stock units at $900,495, dropping slightly from 1,758,406 stock units at $1,035,382 on the previous day and June with an average of 186,843 shares at $332,162.
Tropical Battery led trading with 571,644 shares for 21.8 percent of total volume, followed by One Great Studio, with 376,843 stock units for 14.4 percent of the day’s trade and Spur Tree Spices with 359,035 stocks for 13.7 percent of the volume traded.
At the close of trading, the Junior Market Index lost 16.07 points to conclude trading at 3,420.73. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 14.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Blue Power declined 48 cents in closing at $4.22, after trading of 20,030 shares, Caribbean Cream sank 25 cents to $2.20 with 11,200 stocks passing through the market, Elite Diagnostic dropped 12 cents and ended at $1.50, with investors exchanging 51,563 shares. Fontana sank 15 cents to close at $8.90 with 15,345 stock units crossing the market, Fosrich rallied 5 cents to end at $2.65 after a transfer of 6,330 stock units, Honey Bun increased 15 cents to finish at $7.50 with traders clearing 4,517 stocks from the market. Iron Rock Insurance slipped 10 cents to $4.90 with an exchange of 7,494 units, ISP Finance lost $1.02 to close at $13.88 with 20 shares changing hands, Knutsford Express popped 10 cents to end at $12 after an exchange of 77 stock units. Limners and Bards fell 9 cents in closing at $1.10 with investors swapping 720 shares, Main Event dipped 96 cents to finish at $9 in an exchange of 1,400 stocks, Stationery and Office Supplies skidded 22 cents and ended at $1.61 with traders dealing in 32,701 units and Tropical Battery gained 18 cents to $2.08 as investors exchanged 571,644 stock units.

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

More losses for JSE Main Market  


The Jamaica Stock Exchange Main Market dropped for a sixth day, this month, following trading in 58 securities compared with 56 on Tuesday and ending with prices of 19 rising, 24 declining and 15 ending unchanged, with trading ending with a 34 percent drop in the volume of stocks changing hands with a 92 percent greater value than on Tuesday.

The market closed with 5,929,915 shares trading for $87,528,704, from 8,955,994 stock units at $45,557,853 on Tuesday.
Trading averaged 102,240 shares for $1,509,116 compared with 159,928 stocks at $813,533 on Tuesday and month to date, an average of 256,318 stock units at $1,320,272, rising from 282,146 shares valued at $1,288,616 on the previous day and June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway led trading with 1.91 million shares for 32.3 percent of total volume, followed by Sagicor Select Financial Fund, with 803,640 stock units for 13.6 percent of the day’s trade and NCB Financial with 758,939 stocks for 12.8 percent of the volume traded.
The All Jamaican Composite Index dropped 2,145.68 points to conclude trading at 352,987.34, the JSE Main Index sank 1,909.54 points to settle at 306,865.74 and the JSE Financial Index dipped 0.77 points to end at 62.24. 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 13.4. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year, ending around August 2025.
At the close of the market, Eppley declined $2 to finish at $29 in an exchange of 305 shares, while Eppley Caribbean Property Fund shed 52 cents and ended at $40.95 with 1,008 stocks changing hands, Guardian Holdings dropped $1 to $309 after investors transferred 526 units. Kingston Wharves fell $1.46 in closing at $31, with investors trading 1,662 shares, Massy Holdings popped 50 cents to close at $77 with a transfer of 500 stock units, Pan Jamaica sank $2.75 to end at $47.30 after traders exchanged 25,765 shares. Proven Investments rallied 60 cents in closing at $17.69 with 20,424 units crossing the market, Sagicor Group rose $1.44 to $40.95 as investors exchanged 4,072 stocks, Seprod dipped 63 cents to close at $81 in trading 1,853 stock units. Stanley Motta lost 80 cents to end at $5.25 with 819 shares crossing the market and Sygnus Credit Investments slipped 70 cents and ended at $12.15 with investors trading 39,410 stock units.
In the preference segment, Jamaica Public Service 7% gained $5.88 to finish at $42.50 with an exchange of 1,422 stocks and 138 Student Living preference share sank $2.85 to $222.98 with 316 stock units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Mixed trading on Trinidad Exchange


The Trinidad and Tobago Stock Exchange ended trading on Wednesday, with mixed results as the volume of stocks traded declined 37 percent and the value 63 percent lower than on Tuesday, resulting in 19 securities being traded compared with 20 on Tuesday and closing with prices of seven rising, six declining and six ending firm.

The market closed with trading of 146,709 shares for $950,029, down from 233,671 stock units at $2,596,957 on Tuesday.
An average of just 7,722 shares were traded at $50,002, well below 11,684 units at $129,848 on Tuesday, with trading month to date averaging 11,709 shares at $100,885 compared to 12,325 units at $108,746 on Tuesday and an average for June of 21,123 shares at $212,612.
The Composite Index slipped 0.39 points to end at 1,019.06, the All T&T Index rose 0.92 points to finish at 1,490.11, the SME Index remained unchanged at 96.37 and the Cross-Listed Index lost 0.25 points to settle at 72.10.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of market activities, Agostini climbed 50 cents to $67 in an exchange of 572 shares, Ansa McAl rose $1.50 to $43.50 with traders dealing in just one stock, Ansa Merchant Bank slipped 1 cent to end at a 52 week low of $38.99 in an exchange of only one unit. Calypso Macro Investment Fund slipped $1.27 and ended at $22.15, with 250 shares changing hands. CIBC Caribbean Bank gained 1 cent to finish at $8.31 in trading 2,916 stock units. First Citizens Group popped 19 cents to close at $41.99 with 3,292 shares clearing the market. GraceKennedy lost 1 cent to end at $3.74 with an exchange of 609 stock units, Guardian Holdings remained at $16.95 and closed at 602 stocks, JMMB Group ended at $1.07, with 8,811 units crossing the exchange. Massy Holdings increased 1 cent in closing at $3.94 with investors swapping 13,822 shares, National Flour Mills advanced 1 cent to $1.65 with 30,646 stock units crossing the market, NCB Financial fell 4 cents to close at a 52 week low of $1.94 with a transfer of 5 units. One Caribbean Media rallied 26 cents to $2.50 with investors dealing in 44,400 stocks, Prestige Holdings remained at $12.95 in switching ownership of 1,631 units, Republic Financial ended at $111.93 with investors trading 1,404 stocks. Scotiabank fell 5 cents in closing at $51.30 after 674 shares crossed the market, Trinidad & Tobago NGL remained at $3.60 after a transfer of 7,600 stock units, Unilever Caribbean dipped 45 cents to close at $14 after trading of 13,700 shares and West Indian Tobacco ended at $4.70 after an exchange of 15,773 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on the JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 74 percent and the value 57 percent lower than on Monday, with trading in 56 securities compared with 61 on Monday, with prices of 14 rising, 30 declining and 12 ending unchanged and ending with a minor slippage in the market indices.

The market closed with 8,955,994 shares trading worth $45,557,853 compared with 34,385,915 stock units at $105,788,980 on Monday.
Trading averaged 159,928 shares at $813,533 compared to 563,704 stocks at $1,734,246 on Monday and month to date, an average of 282,146 stock units at $1,288,616 compared with 305,746 shares at $1,380,357 on the previous day and June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway led trading with 4.52 million shares for 50.5 percent of the total volume, followed by Wigton Energy, which ended with 1.43 million units for 16 percent of the day’s trade and JMMB Group 7.35% – 2028 with 603,691 stocks for 6.7 percent of the volume traded.
The All Jamaican Composite Index increased by just 2.00 points to 355,133.02, the JSE Main Index declined 80.17 points to end at 308,775.28 and the JSE Financial Index slipped 0.33 points to close at 63.01. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year, ending around August 2025.
At the close of the market, Eppley sank $1.34 to finish at $31 with an exchange of 957 stock units, Jamaica Broilers increased 78 cents to $25.78 after a transfer of 47,936 units, JMMB Group dropped 66 cents to end at $18.65 with investors dealing in 85,556 stocks. Massy Holdings lost 50 cents in closing at $76.50 in an exchange of 529 shares, Mayberry Jamaican Equities dipped 40 cents and ended at $10.50 with investors swapping 300 stock units, NCB Financial sank $2.16 to end at a 52 week closing low at $36.34 with an exchange of 333,159 shares. Pan Jamaica fell 45 cents to $50.05 after 3,680 units passed through the market, Proven Investments shed 61 cents and ended at $17.09 after an exchange of 7,279 stocks, Sagicor Group declined 78 cents to finish at $39.51, with 77,938 stock units crossing the market. Sagicor Real Estate Fund popped 87 cents to end at $8 in an exchange of 212 shares and Seprod advanced $1.63 in closing at $81.63, with 4,574 shares changing hands.
In the preference segment, Jamaica Public Service 7% dropped $6.63 to close at $36.62 with a transfer of 10 units. 138 Student Living preference share rose 84 cents to $225.83, with 1 stock unit crossing the market, Productive Business Solutions 10.5% skidded $20 and ended at $1, 060 in switching ownership of 120 shares and Sygnus Credit Investments 10% climbed $4.45 in closing at $108.45 with traders dealing in 17 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market fractionally down


Trading dropped on Tuesday with a 63 percent fall in the volume of stocks changing hands, with the value just 8 percent lower than Monday at the close of the Junior Market of the Jamaica Stock Exchange resulting in trading of just 40 securities down from 44 on Monday and ending with prices of 12 rising, 11 declining and 17 closing unchanged, with the market index just slipping a few points at the close.

The market closed with trading of 1,938,618 shares for $7,379,258, down from 5,189,153 stock units at $8,032,252 on Monday.
Trading averaged 48,465 shares at $184,481 compared to 117,935 stocks at $182,551 on Monday, with the month to date, averaging 1,758,406 units at $1,035,382, down from 2,087,241 stock units at $1,199,017 on the previous day and June with an average of just 186,843 shares at $332,162.
Tropical Battery led trading with 549,104 shares for 28.3 percent of total volume, followed by Fontana, with 483,158 units for 24.9 percent of the day’s trade and Derrimon Trading with 375,500 stocks for 19.4 percent of the volume traded.
At the close of trading, the Junior Market Index fell 2.94 points to finish at 3,436.80. The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading, Access Financial jumped $2.01 to close at $20 with investors trading just 1,619 shares, CAC 2000 gained 19 cents to close at $2, with just one unit clearing the market, Dolphin Cove popped 20 cents and ended at $14.50 with investors dealing in 5,392 stocks. Express Catering fell 5 cents in closing at $2.70 after a transfer of 5,130 shares, Fontana rallied 15 cents to finish at $9.05, with investors swapping 483,158 stock units, Future Energy increased 12 cents to end at $2.95, with 20,495 shares changing hands. GWest Corporation dropped 5 cents to 80 cents in trading 23,782 stock units, Indies Pharma advanced 10 cents to finish at $3.60, after 8,115 shares passed through the market. Iron Rock Insurance sank 73 cents and ended at $5 with a transfer of 10,031 stock units. ISP Finance lost $1.10 in closing at $14.90 after 1,025 shares crossed the market, Knutsford Express slipped $2.10 to close at $11.90 with investors trading 1,750 stock units, Mailpac Group sank 14 cents to end at $2.43 in an exchange of 29,780 stocks. Regency Petroleum shed 15 cents in closing at $4.05 with traders dealing in 1,556 units and Tropical Battery rallied 8 cents to $1.90 after an exchange of 549,104 stocks.

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

Fall for Trinidad & Tobago Stock Exchange 


Stocks lost ground on the Trinidad and Tobago Stock Exchange on Tuesday, resulting in trading of 20 securities on Tuesday as was the case on Monday and ended with prices of four stocks rising, 10 declining and six ended firm, with the volume of stocks traded rising 26 percent valued 9 percent more than on Monday.

The market closed with trading of 233,671 shares for $2,596,957, up from 185,649 units at $2,381,059 on Monday.
An average of 11,684 shares were traded at $129,848, just above the 9,282 units trading at $119,053 on Monday, Trading month to date ended with an average of 12,325 shares at $108,746, well in line with 12,449 units at $104,645 on the previous day and below the average for June of 21,123 shares at $212,612.
The Composite Index skidded 4.74 points to 1,019.45, the All T&T Index dipped 10.17 points to wrap up trading at 1,489.19, the SME Index remained unchanged at 96.37 and the Cross-Listed Index gained 0.15 points to finish at 72.35.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini remained at $66.50 with a transfer of 1,428 shares, Angostura Holdings declined 55 cents in closing at $14.25 after an exchange of 526 stock units, Ansa McAl shed $1.50 and ended at $42 with investors trading 1,286 shares. Calypso Macro Investment fell 38 cents to close at $23.42 in switching owners of 200 stocks, CIBC Caribbean Bank gained 5 cents to close at $8.30 with traders dealing in 200 units, First Citizens Group ended at $41.80 after 15,900 shares passed through the market. GraceKennedy dipped 1 cent and ended at $3.75 in trading 3,903 stock units, Guardian Holdings popped 10 cents to $16.95 after an exchange of 81 units, Guardian Media remained at 97 cents with investors trading 3 stocks. JMMB Group fell 1 cent to end at $1.07, with 5,706 units crossing the market, Massy Holdings skidded 2 cents to close at $3.93 with investors dealing in 107,359 stocks, National Enterprises fell 5 cents to finish at $2.25, with 42,865 shares passing through the market.
Point Lisas dropped 40 cents and ended at $3.60 with investors swapping 1,050 stock units, Prestige Holdings ended at $12.95, with 1,657 shares crossing the exchange. Republic Financial lost 7 cents to close at $111.93 after a transfer of 6,732 units. Scotiabank gained 5 cents to end at $51.35 as investors exchanged 4,356 stocks, Trinidad & Tobago NGL remained at $3.60 with 5,800 stock units clearing the market, Trinidad Cement slipped 15 cents to finish at $2.05 in an exchange of 5,000 shares. Unilever Caribbean rose 44 cents to $14.45 after trading of 5,549 units and West Indian Tobacco ended at $4.70 with an exchange of 24,070 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

NCB at multi-year low on JSE Main Market


NCB Financial traded just under a million shares with a value of $33 million as the price sank to a new multi-year low of $32 and helped to boost trading, with an 85 percent volume surge on Monday and a 13 percent jump in value over Friday on the Jamaica Stock Exchange Main Market, following trading in 61 securities compared with 60 on Friday, with prices of 22 rising, 26 declining and 13 ending unchanged.

The market closed with trading of 34,385,915 shares at $105,788,980 compared to 18,537,937 stock units at $93,974,345 on Friday.
Trading averaged 563,704 shares at $1,734,246 compared to 308,966 stocks at $1,566,239 on Friday and for the month to date, an average of 305,746 units at $1,380,357, up from 237,033 shares at $1,286,089 on the previous day and June with an average of 183,242 stock units at $1,532,211.
Wigton Energy led trading with 25.57 million shares for 74.3 percent of total volume followed by Transjamaican Highway which ended with 2.69 million stocks for 7.8 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund closed with 1.99 million stocks for 5.8 percent of the volume traded and Sagicor Select Financial Fund with 1.24 million units for 3.6 percent of market trade.
The All Jamaican Composite Index dived 5,655.76 points to wrap up trading at 355,131.02, the JSE Main Index sank 4,135.85 points to close at 308,855.45 and the JSE Financial Index slipped 1.13 points to 63.34. At the close, the Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 13.5. The JSE Main and the 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, Eppley advanced $5.38 to close at $32.34 after investors exchanged 306 shares, as Eppley Caribbean Property Fund skidded 47 cents to $41.50, with 14 units crossing the market, GraceKennedy popped 50 cents and ended at $71 with investors trading 6,073 shares. Guardian Holdings sank $10 in closing at $310 in an exchange of 617 stocks, Jamaica Broilers shed 84 cents to end at $25 with traders dealing in 2,776 stocks, JMMB Group declined 49 cents to finish at $19.31, with 22,309 shares passing through the market. Margaritaville lost 78 cents to end at $12.50 with investors swapping 5 stock units, NCB Financial dropped $2.45 to end at 52 week low of $38.50 after 912,847 shares passed through the market, Pan Jamaica sank 98 cents in closing at $50.50 with a transfer of 6,970 units. Sagicor Group dropped 70 cents to close at $40.29 after an exchange of 2,156 shares, Scotia Group increased 50 cents and ended at $53 with trading of 203,035 units, Seprod fell $1.65 to finish at $80 after a transfer of 2,158 stocks. Stanley Motta dropped 55 cents and ended at $6.05, with 6,000 stock units changing hands. Sterling Investments fell 44 cents to $3.50 in an exchange of 52,242 shares and Sygnus Real Estate Finance climbed $1.07 in closing at $8.32, with investors dealing in 335 stocks.
In the preference segment, Eppley 7.75% preference share rose 45 cents to finish at $19.85 after an exchange of 250 units, 138 Student Living preference share gained $4.99 to close at $224.99, with 7 stock units clearing the market and Sygnus Credit Investments 10% declined $5.49 to end at $104 with an exchange of 1,507 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market trading climbs


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Monday, with a 46 percent rise in the volume of stocks traded, with a 12 percent greater value than Friday, following trading in 44 securities compared with 41 on Friday and ending with prices of 14 rising, 16 declining and 14 closing unchanged.

The market closed with trading of 5,189,153 shares for $8,032,252, up from just 3,562,092 units at $7,189,357 on Friday.
Trading averaged 117,935 shares at $182,551, above the 86,880 stock units at $175,350 on Friday. Trading for the month to date averaged 2,087,241 stock units at $1,199,017, compared with 2,615,591 stocks at $1,471,728 on the previous day and was well above June, with an average of 186,843 shares at $332,162.
RA Williams led trading with 2.06 million shares for 39.7 percent of total volume, followed by Tropical Battery, with 861,250 units for 16.6 percent of the day’s trade and Image Plus with 441,548 stocks for 8.5 percent of the volume traded.
At the close of trading, the Junior Market Index slipped 2.19 points to close at 3,439.74. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial increased 79 cents and ended at $17.99, with 5,668 shares crossing the market. Blue Power popped 10 cents to $4.70 in trading 1,376 units, Caribbean Cream rallied 5 cents to close at $2.45, with 100 shares crossing the market. Dolla Financial gained 5 cents in closing at $2.46 after an exchange of 67,574 stock units, Dolphin Cove rose 33 cents to finish at $14.30 and closed after an exchange of 15,376 stocks, Future Energy fell 8 cents to end at a 52 week low of $2.83, with 241,328 units changing hands. GWest Corporation dipped 5 cents in closing at 85 cents with an exchange of 2,500 shares, Honey Bun sank 14 cents to $7.35, with 45,256 stock units clearing the market, Indies Pharma shed 5 cents and ended at $3.50 as investors exchanged 10,615 stocks. Iron Rock Insurance rallied 74 cents to close at $5.73 with a transfer of 1,024 units, ISP Finance advanced 92 cents to finish at $16 with investors dealing in 167 stocks, Jamaican Teas lost 5 cents to end at $2.30 in an exchange of 500 shares. Lasco Financial popped 7 cents to $1.85 with investors trading 1,743 stock units, Limners and Bards advanced 14 cents to close at $1.19 in switching ownership of 100 shares, Mailpac Group rose 6 cents to end at $2.57 after an exchange of 202,949 stocks. Medical Disposables fell 16 cents in closing at $1.34 with investors trading a mere 293 units, ONE on ONE Educational skidded 6 cents to finish at 85 cents after a transfer of 29,083 stock units, Regency Petroleum rallied 19 cents and ended at $4.20, after 227,683 shares passed through the market and Tropical Battery declined 17 cents to $1.82 with investors swapping 861,250 units.

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

Losers beat winners 6 to 1 on the T&TSE


Stocks mostly declined on Monday as trading picked up on the Trinidad and Tobago Stock Exchange, resulting in trading of 20 securities compared with 21 on Friday and ending, with prices of just two stocks rising, 12 declining and six ended firm, occasioning minimal index damage, following 57 percent rise in the volume of stocks traded, valued 293 percent more than on Friday.

The market closed with trading of 185,649 shares worth $2,381,059 compared with 118,194 stocks at $606,512 on Friday.
An average of 9,282 shares were traded at $119,053, up from 5,628 units at $28,882 on Friday.  Trading month to date averaged 12,449 shares at $104,645 compared with 13,212 units at $101,170 on the previous trading day and an average for June of 21,123 shares at $212,612.
The Composite Index declined 2.48 points to close at 1,024.19, the All T&T Index dropped 4.59 points to close at 1,499.36, the SME Index remained unchanged at 96.37 and the Cross-Listed Index slipped 0.03 points to 72.20.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini remained at $66.50 with investors trading 20 shares, Angostura Holdings ended at $14.80 after a transfer of 9 units, CIBC Caribbean Bank slipped 5 cents to finish at $8.25 after trading of 1,459 stock units. First Citizens Group sank 70 cents and ended at $41.80, with 17,104 shares being exchanged, GraceKennedy declined 4 cents to close at $3.76, with investors dealing in 2,505 stock units, Guardian Holdings shed 12 cents in closing at $16.85, following the switching of ownership of 3,375 shares. Guardian Media ended at 97 cents with investors trading 13,702 stock units, JMMB Group declined 7 cents to end at $1.08 in an exchange of 35,051 stocks, L.J. Williams B share remained at $1.25, with 200 units crossing the market. Massy Holdings fell 5 cents to close at $3.95 in an exchange of 5,900 stocks, National Enterprises rose 5 cents and ended at $2.30 after 7,491 units passed through the market, National Flour Mills dipped 1 cent to finish at $1.64 with a transfer of 3,363 shares. NCB Financial remained at $1.98 after trading of 8,500 stock units, Prestige Holdings fell 5 cents in closing at $12.95, with 58,075 shares clearing the market, Republic Financial ended at $112 as investors exchanged 5,323 stock units. Scotiabank skidded 5 cents to close at $51.30 with 110 stocks changing hands, Trinidad & Tobago NGL lost 5 cents to end at $3.60 with an exchange of 3,000 units, Trinidad Cement gained 18 cents to finish at $2.20, with 1,105 stocks changing hands. Unilever Caribbean slipped 39 cents to $14.01 with investors swapping 1,004 shares and West Indian Tobacco lost 5 cents to end at $4.70 after an exchange of 18,353 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

NCB stock hits low of $32, trading halted


NCB Financial Group stock traded at a 52 week low of $32 in the morning session of the Jamaica Stock Exchange after 505,889 shares with a value of $18.12 million were exchanged. The stock opened at $40.95 and gradually traded down to $32, with an exchange of just two shares, at levels not seen since late 2015.

NCB traded 22768 units trading down to $40 at 9.25 am, it then dropped to $38.03 also at 9.25 and bounced back to $40.95 with an exchange of 10,000 at 9.36 AM and went downhill from there with 106,000 units traded a few cents above $36 and 330,909 shares between $35.01 to $35.10.

The group sold shares to the public in May last year, at $65 each. The fall in price represents a drop of 53 percent at $35 per share, but that is relatively mild compared with a fall of 86 percent from the 2019 high of $249.  

In 2024, ICInsider.com commented on the public issue as follows” An APO brings an additional supply of shares to the market and will satisfy the demand for a large pool of investors for several months if not years, as such the issue is likely to keep the price of the stock subdued for some time unless there is a big jump in profitability to make them more attractive as an investment and thus encourage increased buying to move the stock price up appreciably.”

Trading in the stock was halted to resume trading at 11.46 AM, in the morning session.
After trading resumed, the stock traded at $39.94. Orders for the stock are shown in the table below.