Scotia Group jumped $8.25 to close at $67.50 after the company’s parent, today advised of an increased offer of $75 per share to acquire the minority shareholdings. Trading closed Tuesday on the Jamaica Stock Exchange after a rise in the volume and value of stocks traded, compared to Monday. Trading ended with the major indices of the Main and the Junior Market rising as the JSE USD Market declined. At the end of trading, the prices of 44 shares rose, 40 declined and 27 remained firm.
Aided by the big move in the price of Scotia Group’s shares, the JSE Combined Market Index surged 6,784.22 points to 384,119.79, the All Jamaican Composite Index popped 7,035.81 points to finish at 450,658.36, a 4 year high the JSE Main Index rallied 6,842.80 points to wrap up trading at 378,537.42, for a high of just over four years, the Junior Market Index gained 33.65 points to conclude trading at 3,090.85 and the JSE USD Market Index lost 3.38 points to settle at 291.14.
At the close of trading, 96,484,325 shares were exchanged in all three markets, up from 28,778,925 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $401.46 million, up from $267.13 million on the previous day. Trading on the JSE USD market closed with an exchange of 585,996 shares for US$37,012, down from 798,381 units at US$86,114 on Monday.
In Main Market activity, Transjamaican Highway led trading with 4.13 million shares, followed by Sagicor Select Financial Fund with 3.49 million stocks and Radio Jamaica with 2.0 million units.
In Junior Market trading, Elite Diagnostic led with 50.83 million shares, followed by Derrimon Trading with 8.01 million stocks and Express Catering with 3.11 million units.
In Main Market ordinary share movements, among the top winners, Barita Investments rallied $10.99 and ended at $84.99, Scotia Group jumped $8.25 to close at $67.50, Massy Holdings rose $5.05 and ended at $79.05, Sagicor Real Estate Fund climbed $1.48 to $9.78 and Sygnus Real Estate Finance increased $1.13 to close at $8.63.
Among the top losers, Guardian Holdings fell $5 to finish at $355.00, MPC Caribbean Clean Energy slipped $3 and ended at $18.00, Proven Investments lost 98 cents to finish at $9.02, Jamaica Producers skidded 96 cents to end at $18.02 and JMMB Group dipped 43 cents in closing at $20.00.
In the preference share segment, Jamaica Public Service 9.5% lost $40 to end trading at $2,160 and Productive Business Solutions 10.5% popped $250 to $1,250.
In the Junior Market, among the top winners, Caribbean Cream rallied 67 cents to end at $2.98, Everything Fresh advanced 38 cents to close at $1.88, ISP Finance rose 37 cents to $8.88, Express Catering advanced 22 cents to end at $2.18 and Elite Diagnostic climbed 18 cents and ended at $1.70. Among the top losers, Cargo Handlers dropped 20 cents to close at $15.50, Fontana shed 15 cents to finish at $6.20, Caribbean Assurance Brokers declined 14 cents and ended at $1.60, Caribbean Flavours shed 12 cents to $1.21 and Blue Power dropped 9 cents to close at $3.55.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 13.6 and 17 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most used measures in valuing shares. It is calculated by dividing the stock price by earnings per share. The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparisons within sectors and the overall market.Pertinent information is required to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing close to the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotional bias in investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. Dividends that are paid or due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
.