Scotia Group stock price jumped $2.91 on Thursday to close at a new 52 weeks’ high of 
$52.90, with investors trading 41,710 of the shares, following Tuesday’s price hike of $3.99 with the stock trading then at a 52 weeks’ high of $49.99, after investors traded 161,674 shares.
Scotia is expected to release full year results after the market closes on Thursday and announce an interim dividend. IC Insider.com forecast is for earnings of $6.50 per share following nine months’ earnings of $4.50, with $1.75 for the July quarter.
The group paid a dividend of 45 cents per stock unit on October 18, this year and is expected to declare a similar amount at its meeting on Thursday.
Supply of the stock declined in recent weeks, but buying has been restrained ahead of the full year’s results. The accompanying chart shows the buying and selling interest at the close of the market on Wednesday.
The stock trades on the Main Market of the Jamaica Stock Exchange has gained 38 percent for the year to date.