Local Equities Market
For the week ending November 21, 2025, the local stock market, measured by the Combined Index, improved by 0.33%. The Main Market Index improved by 0.35%, the Junior Market Index improved by 0.05%, and the JSE USD Equities Index improved by 2.89%. During the Sygnus Real Estate Financial Limited (JMD) was the largest gainer, rising by approximately 18.00% to close at $10.03. Consolidated Bakeries (Jamaica) Limited was the biggest decliner, which fell by 17.30% to close at $1.53.
Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, declining by 6.94%, relative to its Junior Market counterpart which has declined by 10.64%.
For the week ending November 21, 2025, overall market activity resulted from 124 stocks of which 47 advanced, 66 declined and 11 traded firm. Market volume amounted to 171,161,633 units valued at over $895,822,222.87. Key contributors to trading volume are Innovative Energy Group Limited with 70,446,980 (40.90%), followed by TransJamaican Highway Limited with 19,130,516 units (11.11%) and Supreme Ventures Limited with 7,151,224 units (4.15%).
Revisiting relevant news during the week:
Jamaica’s financial system resilient to hurricane blow, central bank says
Jamaica’s financial system is resilient enough to withstand the impact of Hurricane Melissa, the country’s central bank said on Tuesday, even as new estimates reveal the Category-5 storm caused a record US$8.8 billion in damage, equivalent to 41 per cent of the island’s gross domestic product (GDP).
Jamaica’s financial system resilient to hurricane blow, central bank says
JBG shareholders face dividend drought as company prioritises debt reduction after fraud crisis
Jamaica Broilers Group (JBG) shareholders should brace for significantly reduced or eliminated dividends in the near term as the company prioritises debt reduction and balance sheet repair in the aftermath of a devastating US fraud scandal, CEO Chris Levy has indicated.
JBG shareholder face dividend drought as company prioritises debt reduction after fraud crisis
Sygnus attracts new capital following Hurricane Melissa
Investors are knocking on the doors of Sygnus Credit Investments (SCI) as companies seek capital for Jamaica’s reconstruction, even as the firm accelerates its push to expand private-credit opportunities across Puerto Rico.
Sygnus attracts new capital following Hurricane Melissa
NCB holds dividend steady amid hurricane fallout, Fitch downgrade threat
NCB Financial Group (NCBFG) maintained its pattern of flat $0.50 quarterly dividends despite a 71 per cent rise in full-year profit, with management signalling the move is to preserve capital. The conglomerate is confronting the escalating fallout from Hurricane Melissa alongside a new warning from Fitch Ratings, which has placed the group and its main banking subsidiary on Rating Watch Negative (RWN), signalling a potential credit rating downgrade in the coming months.
NCB holds dividend steady amid hurricane fallout, Fitch downgrade threat
Dequity Capital going public
Dequity Capital Management Limited (DCM), a private equity holding company, is seeking to raise $657.50 million (US$4.07 million) in the second initial public offering (IPO) of 2025.
Dequity Capital going public
| Unit Trust Fund | 20/11/2025 | 13/11/2025 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 75.440 | 75.048 | 0.52% | -7.61% | -0.03% | - |
| Money Market | 18.130 | 18.111 | 0.10% | 5.86% | 6.15% | 5.10% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.92% |
| FX Bond Portfolio (US$) | 1.631 | 1.630 | 0.06% | 9.84% | 10.30% | 4.13% |
| Real Estate Portfolio | 18,879.747 | 18,869.318 | 0.06% | 8.57% | 6.36% | - |
| FX Growth Portfolio | 1.357 | 1.400 | -3.02% | 11.49% | 10.29% | - |
| FX Income Accumulator | 1.051 | 1.048 | 0.24% | 1.92% | 2.34% | 5.42% |
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