Local Equities Market
For the week ending April 11, 2025, the local stock market, measured by the Combined Index, declined by 2.68%. The Main Market Index declined by 2.70%, the Junior Market Index declined by 2.46%, and the JSE USD Equities Index declined by 2.37%. During the week Caribbean Cream Limited was the largest gainer, rising by approximately 15.08% to close at $2.29. MFS Capital Partners Limited was the biggest decliner, which fell by 14.29% to close at $0.36.
Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, declining by 6.01%, relative to its Junior Market counterpart which has declined by 7.10%.
For the week ending April 11, 2025, overall market activity resulted from 110 stocks of which 41 advanced, 46 declined and 23 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 6,368,410 units (38.36%), followed by Wigton Energy Limited With 1,866,491 units (11.24%) and Sagicor Select Funds Limited – Financial with 1,771,231 units (10.67%).
Revisiting relevant news during the week:
Trump tariff hike brings added China rate for many goods to 145%
WASHINGTON, DC, United States (AFP) — US President Donald Trump’s steep tariff hike targeting Chinese goods, which took effect Thursday, brings Washington’s additional rate on many products to 145 per cent, the White House confirms.
Trump tariff hike brings added China rate for many goods to 145%
Local manufacturers urged to brace for tariff impact
Local businesses are being advised to prepare for higher prices and seek out opportunities as global tariff shifts begin to reshape trade dynamics.
Local manufacturers urged to brace for tariff impact
NIF buy s 4% of Barita for $3.7 billion
The National Insurance Fund (NIF) recently spent $3.67 billion for an additional four per cent stake in Barita Investments Limited as it ramps up investment activities to meet its growing funding obligations.
NIF buys 4% of Barita for $3.7 billion
OPEC cuts 2025 oil demand forecast over US tariffs
PARIS, France (AFP) — OPEC slightly lowered its forecast for oil demand growth on Monday, citing the impact of US tariffs on the world economy. The Saudi-led oil cartel said in a monthly report that it now expects demand to grow by 1.3 million barrels per day (bpd) in 2025, down from a previous forecast of 1.4 million bpd.
OPEC cuts 2025 oil demand forecast over US tariffs
Pulse in transition mode
Pulse Investments Limited is recalibrating its leadership and business strategy following the death of its co-founder and long-time Chairman Kingsley Cooper, with new Managing Director Safia Cooper charting a path of modernization anchored in hospitality, commercial rentals, and a digitally driven model agency.
Pulse in transition mode
Atlantic share price sinks after listing
Atlantic Hardware & Plumbing Company Limited successfully listed on the Jamaica Stock Exchange (JSE) Junior Market last Friday but dipped below its $1 listing price amid a wave of fading investor enthusiasm on its first day of trading.
Atlantic share price sinks after listing
| Unit Trust Fund | 10/04/2025 | 03/04/2025 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 76.360 | 78.98 | -3.31% | -6.49% | -2.06% | - |
| Money Market | 17.4697 | 17.4588 | 0.06% | 2.00% | 6.29% | 5.35% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.74% |
| FX Bond Portfolio (US$) | 1.5051 | 1.5012 | 0.26% | 1.34% | 4.81% | 4.63% |
| Real Estate Portfolio | 17,515.41 | 17,467.12 | 0.28% | 0.72% | 8.26% | - |
| FX Growth Portfolio | 1.1248 | 1.1596 | -3.00% | 8.72% | 8.72% | - |
| FX Income Accumulator | 1.0322 | 1.0357 | -0.34% | 0.12% | 1.82% | 3.01% |
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