Scotia Group pumps up JSE Trading


Trading closed Friday on the Jamaica Stock Exchange with Scotia Group leading trading with 32 million shares, valued at $1.83 billion, resulting in a sharp rise in the volume and value of stocks exchanged, with a greater value compared with Thursday, resulting in gains for the major indices of the Main Market, with the Junior Market index jumping and the JSE USD Market falling. At the end of trading, the prices of 37 shares rose, 36 declined and 30 remained firm.

At the close of the market, the JSE Combined Market Index popped 1,104.76 points to finish at 359,210.44, the All Jamaican Composite Index jumped by 1,966.17 points to 418,413.05, the JSE Main Index rallied by 753.38 points to 352,580.53, the Junior Market Index jumped by 53.39 points to end at 3,078.16 and the JSE USD Market Index shed 0.01 points to finish at 233.67.
At the close of trading, 74,473,330 shares were exchanged in all three markets, up from 54,380,781 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $2.05 billion, up from $215.61 million on the previous day. The JSE USD market closed with an exchange of 723,905 shares for US$40,951 compared to 155,612 units at US$7,815 on Thursday.
In Main Market activity, Scotia Group led trading with 31.60 million shares, followed by Sagicor Select Financial Fund with 6.03 million stocks and Sygnus Credit Investments with 2.94 million units.
In Junior Market trading, Kintyre Holdings led with 11.24 million shares, followed by Jamaican Teas with 3.01 million stocks and Dolla Financial with 2.58 million units.
In the preference segment, Sygnus Credit Investments C10.5% declined $6.49 to close at $100.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 12.7 and 14.2 based on 2025 historical earnings. Major one-off income or expenses are excluded from the earnings where applicable. The PE ratio is one of the most utilised measures used 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 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 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.

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