Scotia Group hits 12 months’ high of $54.95


Scotia Group jumped $2.91 on top of the $3.99 on Tuesday to finish at a 52 weeks’ closing high of $52.90 after investors pushed to an intraday high of $54.95 on a day of a limited supply of stocks offered for sale with trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with a 59 percent fall in the volume of stocks traded at an 83 percent lower value than Tuesday, following trading in 60 securities from 59 on Tuesday, with prices of 17 rising, 29 declining and 14 ending unchanged.

The market closed with 9,736,528 shares trading valued $57,271,565 compared with 23,608,883 stock units at $331,449,844 on Tuesday. Trading averaged 162,275 shares at $954,526 compared to 400,151 stocks at $5,617,794 on Tuesday and month to date, an average of 1,021,359 stocks for $8,263,348 compared with 1,145,265 shares at $9,317,506 on the previous day and November with an average of 286,669 stock units at $2,555,172.
Wigton Energy led trading with 5.71 million shares for 58.6 percent of total volume followed by Transjamaican Highway with 2.48 million units for 25.4 percent of the day’s trade and Massy Holdings with 250,503 stock units for 2.6 percent market share.
The All Jamaican Composite Index popped 1,991.77 points to settle at 367,907.82, the JSE Main Index rallied 1,780.84 points to end the day at 320,521.35 and the JSE Financial Index gained 0.47 points to close at 65.04. The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.1. 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 trading, Barita Investments dropped $1.20 to $73.50 with traders dealing in 3,488 units, Berger Paints fell 50 cents to $7 in an exchange of 2,585 stocks, Caribbean Cement skidded $1.51 and ended at $77.99 with 14,601 shares crossing the market. Caribbean Producers sank 50 cents to close at $7.60 with an exchange of 25,526 stock units, Carreras dipped 74 cents to $12.01 with 139,830 shares changing hands, Eppley Caribbean Property Fund lost $4 to end at $33 with investors trading 228 stocks. First Rock Real Estate shed $1.34 in closing at $8.67 with 4,192 units crossing the exchange, Jamaica Broilers popped 60 cents to $36.80 with investors swapping 29,723 stock units, Kingston Properties rallied 64 cents to close at $9.59 after a transfer of 1,908 shares. Margaritaville recovered $1.87 of Tuesday’s loss to finish the day at $13.22 as investors exchanged 2,915 units, Massy Holdings advanced $6.70 and ended at $87.70 with 250,503 stocks passing through the market, Mayberry Group declined 41 cents to end at $7.60 after an exchange of 3,686 stock units. Pan Jamaica gained $3.44 to $51.45 with investors trading 4,302 shares, Scotia Group climbed $2.91 to finish at a 52 weeks’ closing high of $52.90 after an exchange of 41,710 stocks and Supreme Ventures gained 75 cents and ended at $22.30 with 14,491 units clearing the market.
In the preference segment, Jamaica Public Service 7% sank $2 to $43 in an exchange of just 6 stock units and 138 Student Living preference share climbed a staggering $100.31 to end at $320.31 after trading of 78 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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