Local Equities Market
For the week ending May 29, 2026, the local stock market, measured by the Combined Index, declinedby 0.98%. The Main Market Index declined by 1.06%, the Junior Market Index improved by 0.16%, and the JSE USD Equities Index declined by 6.90%. During the Sygnus Real Estate Finance Limited (USD) was the largest gainer, rising by approximately 17.73% to close at $0.05. Margaritaville (Turks) Limited was the biggest decliner, which fell by 26.79% to close at $9.51.
Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, improving by 7.35%, relative to its Junior Market counterpart which has declining by 8.34%.
For the week ending May 29, 2026, overall market activity resulted from 125 stocks of which 47 advanced, 64 declined and 14 traded firm. Market volume amounted to 358,310,612 units valued at over $908,496,110.56. Key contributors to trading volume are Kintyre Holdings (JA) Limited with 109,633,211 (30.26%), followed by Wigton Energy Limited with 79,291,492 units (21.89%) and JMMB Group Limited 7.35% Cumulative Redeemable Preference Share with 33,401,376 units (9.22%).
Revisiting relevant news during the week:
BOJ warns inflation could breach target
The central bank is forecasting that inflation could rise above the upper limit of its four to six per cent target range during the June and September 2026 quarters. According to the Bank of Jamaica (BOJ), rising international oil prices are already placing upward pressure on electricity and transportation costs in Jamaica, with domestic fuel prices reflecting increases linked to ongoing geopolitical instability.
BOJ warns inflation could breach target
Barita bets big after BOJ approval
Barita Financial Group Limited has received Bank of Jamaica (BOJ) approval to operate as a financial holding company, completing a major restructuring that positions the organisation for deeper expansion into digital banking and integrated financial services as competition intensifies across Jamaica’s financial sector
Barita bets big after BOJ approval
GENAC regional push lifts profit 66%
Regional expansion efforts in Trinidad & Tobago and Barbados helped lift profits at General Accident Insurance Company Jamaica Limited (GENAC) by 66.4 per cent in the first quarter.
GENAC regional push lifts profit 66%
New agro division adds to Q1 growth for Atlantic Hardware
Atlantic Hardware & Plumbing Company Limited has credited the strong performance of its newly established agro-distribution division, combined with continued expansion in its core hardware operations, for helping to drive first-quarter growth for the period ended March 31, 2026.
New agro division adds to Q1 growth for Atlantic Hardware
BARITA’S BIG PROPERTY BET
Barita Investments Limited has unveiled a sweeping property development pipeline spanning Kingston, St Mary, and Ocho Rios as the financial group accelerates its shift beyond the traditional securities-dealer model.
BARITA’S BIG PROPERTY BET
Salada posts stronger half-year profit as sales recover after Hurricane Melissa
Salada Foods Jamaica Limited reported higher revenue and profit for its 2025/26 half-year period, as the company continued recovering from the impact of Hurricane Melissa and benefited from stronger demand across local and export markets.
Salada posts stronger half-year profit as sales recover after Hurricane Melissa
| Unit Trust Fund | 28/05/2026 | 21/05/2026 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 73.588 | 74.084 | -0.67% | -4.46% | -3.79% | - |
| Money Market | 18.643 | 18.606 | 0.20% | 1.96% | 5.11% | 4.18% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.72% |
| FX Bond Portfolio (US$) | 1.686 | 1.681 | 0.26% | 1.96% | 10.93% | 3.83% |
| Real Estate Portfolio | 21,346.862 | 21,433.004 | -0.40% | 14.56% | 21.52% | - |
| FX Growth Portfolio | 1.487 | 1.470 | 1.16% | 5.93% | 23.92% | - |
| FX Income Accumulator | 1.072 | 1.070 | 0.11% | 1.67% | 3.48% | 4.92% |
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