Local Equities Market
For the week ending May 22, 2025, the local stock market, measured by the Combined Index, declining by 1.10%. The Main Market Index declining by 1.16%, the Junior Market Index declining by 0.42%, and the JSE USD Equities Index declining by 0.65%. During the week EduFocal Limited was the largest gainer, rising by approximately 15.38% to close at $0.22. K.L.E. Group Limited was the biggest decliner, which fell by 15.22% to close at $1.06.
Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, declining by 4.73%, relative to its Junior Market counterpart which has declined by 8.25%.
For the week ending May 22, 2025, overall market activity resulted from 124 stocks of which 53 advanced, 57 declined and 14 traded firm. Market volume amounted to 91,303,310 units valued at over $455,887,611.07. Key contributors to trading volume are TransJamaican Highway Limited with 28,296,591 units (30.07%), followed by Wigton Energy Limited with 9,511,532 units (10.11%) and Edufocal Limited with 6,748,040 units (7.17%).
Revisiting relevant news during the week:
BOJ cuts interest rate to 5.75 per cent, warns of US policy risks
The Bank of Jamaica (BOJ) on Tuesday announced a 25 basis points cut in its key interest rate to 5.75 per cent, its first reduction this year, saying initial US tariff impacts on prices should be minimal though future growth may be affected.
BOJ cuts interest rate to 5.75 per cent, warns of US policy risks
GOJ securities trading platform in progress
Access to domestically issued Government of Jamaica (GOJ) securities is set to improve in short order as the Bank of Jamaica (BOJ) and Jamaica Stock Exchange (JSE) work to launch a fixed income trading platform under Jamaica’s deepening financial agenda.
GOJ securities trading platform in progress
GK Financial makes another extension for Key Insurance takeover
GraceKennedy Financial Group Limited (GKFG) has extended its $403.71-million takeover bid for its general insurance subsidiary Key Insurance Company Limited for a second time in two months.
GK Financial makes another extension for Key Insurance takeover
Regency Petroleum constructing truck stop
Regency Petroleum Limited (RPL) has commenced construction on what it says will be Jamaica’s first formal truck stop.
Regency Petroleum constructing truck stop
Dolla Financial rebalancing loan mix after tough Q1
Microcredit company Dolla Financial Services Limited is looking to further diversify its loan book and the collateral that secures its loan book as more borrowers continue to feel the economic pinch and wrestle to repay their obligations.
Dolla Financial rebalancing loan mix after tough Q1
Strong segment outturns drive Pan Jamaica Q1 results
Improved segment results has led Pan Jamaica Group Limited (PJG) to kick off 2025 with a robust financial performance as the company posted a consolidated net profit of $2.1 billion for the first quarter ended March 31 — 81 per cent above the corresponding period last year.
Strong segment outturns drive Pan Jamaica Q1 results
| Unit Trust Fund | 21/05/2025 | 15/05/2025 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 75.931 | 76.33 | -0.52% | -7.01% | 1.75% | - |
| Money Market | 17.4846 | 17.5805 | -0.55% | 2.09% | 5.40% | 5.58% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.74% |
| FX Bond Portfolio (US$) | 1.5187 | 1.5143 | 0.29% | 2.26% | 4.11% | 4.58% |
| Real Estate Portfolio | 17,538.78 | 17,566.11 | -0.16% | 0.86% | 7.92% | - |
| FX Growth Portfolio | 1.1897 | 1.1995 | -0.82% | 12.96% | 12.96% | - |
| FX Income Accumulator | 1.0360 | 1.0345 | 0.14% | 0.48% | 1.82% | 2.91% |
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