
Scotia Group climbed to a new 52 weeks’ closing high on Tuesday
Trading closed Tuesday on the Jamaica Stock Exchange with a rise in the volume of stocks exchanged, carrying a greater value than on Monday and resulting in the Main Market major indices falling, the Junior Market index ending with gains and the JSE USD Market slipping modestly, with the market closing with prices of 44 shares rising, 35 declining and 30 remaining firm.
At the close of the market, the JSE Combined Market Index sank 1,340.70 points to end at 343,920.04, the All Jamaican Composite Index dropped 2,435.47 points to 382,822.48, the JSE Main Index declined 1,534.48 points to wrap up trading at 331,958.77, the Junior Market Index advanced 17.67 points to finish at 3,692.13 and the JSE USD Market Index dropped 0.96 points to 238.48.The market closed with 13,915,261 shares traded in all three markets, up from 10,906,252 stock units on Monday, with the value of stocks traded on the Junior and the Main markets amounting to $261.56 million, up from $54.8 million on the previous day and the JSE USD market closed with 325,340 shares being exchanged for US$10,946 versus 20,668 units at US$13,498 on Monday.
In Main Market, Transjamaican Highway led trading with 2.87 million shares followed by GraceKennedy with 2.82 million stocks and Wigton Energy with 1.42 million units.
In Junior Market trading, Lasco Financial led with 2.37 million shares followed by Image Plus with 311,884 stocks and Limners and Bards with 209,758 units.
In the preference segment, 138 Student Living preference share sank $43 to finish at $239 and Productive Business Solutions 10.5% preferred share dropped $13.99 and ended at $1,100.The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 on 2024-25 earnings and 20.3 based on 2024 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.