The Jamaica Stock Exchange was hit by news of Scotia Group’s plan to buy out minority shareholders at $61.50 per share, subject to certain conditions. The stock quickly jumped to a high for the day at $61 and closed with a gain of $5.33 at $59.63, following trading of 314,000 shares. Elsewhere, the volume of stocks exchanged declined from that on Thursday, but remained elevated at over 300 million units with a lower value than the preceding day. At the end of trading, the prices of 37 shares rose, 41 declined and 29 remained firm, resulting in gains in all major market indices.
At the close of the market, the JSE Combined Market Index jumped 1,795.51 points to 347,710.14, the All Jamaican Composite Index climbed 2,898.56 points to finish at 403,623.92, the JSE Main Index rallied 1,664.86 points to close at 341,287.00, the Junior Market Index rallied by 28.32 points to end at 2,980.34 and the JSE USD Market Index advanced by 1.65 points to finish at 234.13.
At the close of weekly trading, 306,426,835 shares were traded in all three markets, down from 527,749,742 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $161.26 million, down from $1.09 billion on the previous day. The JSE USD market closed with an exchange of 257,807 shares for US$12,350, well below 2,598,880 units at US$847,483 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 7 million shares, followed by Innovative Energy with 5.45 million stocks and Lasco Distributors with 373,318 units.
In Junior Market trading, Kintyre Holdings led with 281.30 million shares followed by Dolla Financial with 4.63 million stocks and Lasco Financial with 1.25 million units.
In the preference share segment, Productive Business Solutions 10.5% climbed $99.78 to $1,160 and Sygnus Credit Investments 10% increased $1.50 to $110.
At the conclusion of trading, the PE ratio for the current year, which is compiled with projected 2026-27 earnings, is 12.4 and 14.5 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where these apply. The PE ratio is one of the most utilised measures used in valuing shares, is calculated by dividing the stock price by the company’s 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 needed 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 emotions in the making of 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.