Market Updates | Barita Insights | June 8, 2026

For the week ending June 05, 2026, the local stock market, measured by the Combined Index, declinedby 1.65%. The Main Market Index declined by 1.52%, the Junior Market Index declined by 3.45%, and the JSE USD Equities Index declined by 3.93%. During the Margaritaville (Turks) Limited was the largest gainer, rising by approximately 35.65% to close at $12.90. Productive Business Solution Ltd USD Ordinary Shares was the biggest decliner, which fell by 27.99% to close at $0.45.

Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, improving by 5.71%, relative to its Junior Market counterpart which has declining by 11.51%.

For the week ending June 05, 2026, overall market activity resulted from 127 stocks of which 40 advanced, 79 declined and 8 traded firm. Market volume amounted to 400,701,682 units valued at over $754,372,730.50. Key contributors to trading volume are Kintyre Holdings (JA) Limited with 148,431,856 (36.87%), followed by One on One Educational Services Limited with 130,214,915 units (32.35%) and TransJamaican Highway Limited with 25,109,863 units (6.24%).

Revisiting relevant news during the week:

Barita brings merchant bank under flagship brand
Barita’s transformation from securities dealer to diversified financial group reached another milestone last week when Jamaica’s only merchant bank – Cornerstone Trust & Merchant Bank – was renamed Barita Merchant Bank, bringing one of the group’s most important businesses under the same brand as it expands across banking, pensions, asset management and real estate.
Barita brings merchant bank under flagship brand

Dolphin Cove reports net loss after twin shocks
Dolphin Cove Limited (DCOVE) slipped to its first annual loss since the pandemic after a one-two punch from Hurricane Melissa and the bankruptcy proceedings surrounding its parent company, forcing the tourism attraction operator to write down millions of US dollars in related-party balances while battling a sharp decline in visitor traffic.
Dolphin Cove reports net loss after twin shocks

INSIDE LASCO’S POST-LASCELLES PLAN
More than two years after the death of founder Lascelles Chin, LASCO is beginning to put in place the leadership structure that will carry the company beyond its founder era, elevating long-time executive Dr Eileen Chin into expanded roles as it prepares for its next phase of growth.
INSIDE LASCO’S POST-LASCELLES PLAN 

Dolla nears Evolve deal
Dolla Financial Services is closing in on the acquisition of Evolve Loan Company’s portfolio, a transaction that will give the micro-lender access to thousands of additional borrowers and potentially expand its branch network as it looks to accelerate growth beyond organic lending.
Dolla nears Evolve deal

Stanley Motta’s new tower lifts profit, but debt becomes the next test
Stanley Motta Limited’s newly completed office tower is beginning to deliver the returns the company hoped for when it embarked on a major expansion of its Half-Way-Tree Road, St Andrew, technology park, helping drive a 60 per cent increase in quarterly profit as rental income surged.
Stanley Motta’s new tower lifts profit, but debt becomes the next test