Scotia hits new yearly record high


Scotia Group head quarters in Kingston.

ended trading $6 higher to a 52 weeks’ closing high of $61 after hitting an intraday high of $62 on Monday on the Jamaica Stock Exchange following a drop in the volume of stocks exchanged, having a lower value than on Friday and resulted in all three market indices falling, and ended with prices of 42 shares rising, 48 declining and 28 remaining firm.

At the close of the market, the JSE Combined Market Index climbed 650.14 points to 345,260.74, the All Jamaican Composite Index advanced 541.44 points to end at 385,257.95, the JSE Main Index rallied 418.99 points to wrap up trading at 333,493.25, the Junior Market Index climbed 34.79 points to finish at 3,674.46 after trading over 3,700 points in the morning session and the JSE USD Market Index rose 5.43 points to settle at 239.44.
At the close of trading, 10,906,252 shares were exchanged in all three markets, down from 36,562,506 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $54.8 million, down from $153.03 million on the previous day and the JSE USD market closed with 20,668 shares trading for US$13,498 down from 843,267 stocks at US$30,797 on Friday.
In the Main Market activities, Transjamaican Highway was the lead trade with 1.37 million shares followed by Wigton Energy with 1.30 million stocks and JMMB Group 7.35% – 2028 with 372,144 units.
In Junior Market trading, Kintyre Holdings led with 1.18 million shares followed by Limners and Bards with 777,058 stocks and Omni Industries with 719,885 units.
In the preference segment, Eppley 7.75% preference share lost $3 and ended at $19, Jamaica Public Service 7% climbed $1.85 to $44, 138 Student Living preference share increased $35.25 to finish at $282 and Productive Business Solutions 10.5% preference share popped $58.99 to close at $1,114.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 on 2023-24 earnings and 19.9 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are 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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