Big Scotia Group trades on Friday


Stock market trading activity ended Friday with a big bounce in volume and value on the Jamaica Stock Exchange Main Market, following trading in nearly 32 million shares of Scotia Group for $1.83 billion, of which 30.61 million units valued at $1.77 billion were block transactions. Trading ended with 57 securities changing hands, similar to Thursday’s activity, as the market closed out the week with 20 rising, 21 declining, and 16 ending unchanged, as the market indices climbed at the close.

The market closed with trading of 22,091,560 shares, after falling by 5 percent from 23,242,113 stock units on Thursday, with the value of stocks changing hands, surging by 55 percent to $255,424,836, compared to $165,216,260.
Trading averaged 387,571 shares worth $4,481,316 compared with 407,756 stock units at $2,898,531 on Thursday. Trading month to date, averages 244,436 units at $3,055,118 compared to 237,086 shares at $2,981,881 on the prior day and May, with an average of 328,145 stock units at $2,328,972.
Scotia Group led trading with 31.60 million shares for 61.3 percent of total volume, followed by Sagicor Select Financial Fund, with 6.03 million stocks for 11.7 percent of the day’s trade, Sygnus Credit Investments closed with 2.94 million stocks for 5.7 percent of the volume traded, QWI Investments closed with 2.04 million units for 4 percent of the traded stocks, Salada Foods ended with 1.89 million units for 3.7 percent of the overall volume traded and Transjamaican Highway with 1.89 million units for 3.7 percent of market share.
The All Jamaican Composite Index rallied 1,966.17 points to 418,413.05, the JSE Main Index gained 753.38 points to settle at 352,580.53 and the JSE Financial Index climbed 0.38 points to finish at 67.21. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 15. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on the last traded prices and earnings forecasts for companies with the fiscal year ending around August 2026.
At the close, Caribbean Cement popped by 40 cents to end at $103.40 following 14,188 shares changing hands, Eppley dipped 71 cents in closing at $32.49 with trading of 14,700 stock units, Eppley Caribbean Property Fund rallied 74 cents to $44.49 in an exchange of 2,896 units. General Accident fell 40 cents to $7.85 with 944,721 shares clearing the market, GraceKennedy increased 80 cents to finish at $70, after closing with an exchange of 242,277 stock units, Guardian Holdings climbed $1 and ended at $350 in trading 386 shares. Jamaica Broilers skidded 50 cents to $13.50 after a transfer of 36,024 stock units, Jamaica Producers rose $1.44 to end at $23.99 with investors trading 232,410 stocks, JMMB Group lost 58 cents in closing at $14.40 with an exchange of 194,464 units. Kingston Wharves gained 74 cents to close at $35.54, following trading of 7,837 stocks, Massy Holdings dropped $1.50 to finish at $71.50 as investors exchanged 783,517 units, Mayberry Jamaican Equities advanced 67 cents and ended at $6.77 following a transfer of 1,000 shares. MPC Caribbean Clean Energy shed $4 to $19 with investors exchanging 94 stock units, 138 Student Living popped 45 cents to finish at $2.95, with 2,388 shares crossing the market, Pan Jamaica declined by 50 cents and ended at $46.90 with an exchange of 161,922 stocks. Seprod advanced $1 to end at $80, with 7,542 units crossing the market, Stanley Motta rose $1.67 in closing at $7.30 in an exchange of 72,582 stock units and Supreme Ventures climbed 49 cents to close at $18.50 with investors swapping 150,055 shares.
In the preference segment, Sygnus Credit Investments C10.5% slipped $6.49 to $100.01 in switching ownership of 1,000 stocks.
The closing prices of stocks are those of the last transaction.

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