Local Equities Market
For the week ending April 04, 2025, the local stock market, measured by the Combined Index, declined by 0.49%. The Main Market Index declined by 0.42%, the Junior Market Index declined by 1.28%, and the JSE USD Equities Index declined by 7.55%. During the week Jetcon Corporation Limited was the largest gainer, rising by approximately 14.56% to close at $1.18. First Rock Real Estate Investments Limited (USD) was the biggest decliner, which fell by 21.05% to close at $0.02.
Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, declining by 3.40%, relative to its Junior Market counterpart which has declined by 4.75%.
For the week ending April 04, 2025, overall market activity resulted from trading 127 stocks of which 35 advanced, 77 declined and 15 traded firm. Market volume amounted to 261,682,209 units valued at over $1,832,854,773.68. Key contributors to trading volume are TransJamaican Highway Limited with 97,370,926 units (36.89%), followed by Wigton Energy Limited With 19,635,322 units (7.44%) and Regency Petroleum Co. Limited with 18,371,068 units (6.96%).
Revisiting relevant news during the week:
Economy scales back on last-quarter contraction
Output from the local economy during the final quarter of 2024 (October to December) declined by 0.8 per cent, falling below previous estimates, according to final data released by the Statistical Institute of Jamaica (Statin) this week
Economy scales back on last-quarter contraction
BoJ holds rate steady
The Bank of Jamaica (BOJ) held its policy rate at six per cent during its March 2025 Monetary Policy Committee (MPC) meetings, citing confidence in the country’s improving inflation trends. However, the central bank also sent a strong signal that it is prepared to act decisively should inflationary pressures resurface
BoJ holds rate steady
Protectionism or absolutism: The high cost of the US trade wars and their fallout
Protectionism is nothing new on the global scene. Trade wars have long been used as an economic and political tool to protect domestic industries, retaliate against perceived unfair trade practices, and reinforce national economic security.
Protectionism or absolutism: The high cost of the US trade wars and their fallout
Honey Bun’s new facility to go live in April
Honey Bun Limited is set to begin operations at its new 60,000-square- foot production facility in Angels, St Catherine, before the end of April as it reorganises production across two sites to meet rising demand from both domestic and export markets.
Honey Bun’s new facility to go live in April
Stock markets mostly advance ahead of Trump tariffs deadline
New York, United States (AFP) — Global stock markets mostly rose Tuesday on a quiet day of trading ahead of US President Donald Trump’s widely- touted announcement on reciprocal tariffs.
Stock markets mostly advance ahead of Trump tariffs deadline
‘Jamaica rocking and rolling’
Jamaica Broilers Group Limited (JBG) is optimistic about its growth prospects due to increasing demand in Jamaica and the wider Caribbean as the company’s chicken and egg production hits record numbers.
‘Jamaica rocking and rolling’
| Unit Trust Fund | 03/04/2025 | 27/03/2025 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 78.978 | 77.79 | 1.53% | -3.28% | 1.40% | - |
| Money Market | 17.4588 | 17.4826 | -0.14% | 1.94% | 6.31% | 5.33% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.72% |
| FX Bond Portfolio (US$) | 1.5012 | 1.5007 | 0.03% | 1.08% | 3.27% | 4.58% |
| Real Estate Portfolio | 17,467.12 | 17,461.65 | 0.03% | 0.44% | 8.49% | - |
| FX Growth Portfolio | 1.1596 | 1.1804 | -1.76% | 11.25% | 11.25% | - |
| FX Income Accumulator | 1.0357 | 1.0358 | -0.01% | 0.45% | 1.96% | 2.98% |
Full Newsletter & Report
