Market Updates | Barita Insights | June 29, 2026

For the week ending June 26, 2026, the local stock market, measured by the Combined Index, declined by 0.42%. The Main Market Index declined by 0.55%, the Junior Market Index improved by 1.63%, and the JSE USD Equities Index declined by 2.99%. During the JFP Limited was the largest gainer, rising by approximately 39.29% to close at $0.39. First MPC Caribbean Clean Energy Limited was the biggest decliner, which fell by 36.33% to close at $19.03.

Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, improving by 10.88%, relative to its Junior Market counterpart which has declining by 9.45%.

For the week ending June 26, 2026, overall market activity resulted from 123 stocks of which 57 advanced, 55 declined and 11 traded firm. Market volume amounted to 193,092,916 units valued at over $864,146,109.22. Key contributors to trading volume are Kintyre Holdings (JA) Limited with 59,635,826 (30.62%), followed by TransJamaican Highway Limited with 20,041,094 units (10.29%) and Dolla Financial Services Limited with 19,888,915 units (10.21%).

Revisiting relevant news during the week:

KEEPING TOURISM DOLLARS HOME
Jamaica is moving to establish a Tourism Supply Logistics Centre as an industry-specific special economic zone, making it the operational centrepiece of a broader policy shift aimed at reducing import leakage and pushing more tourism spending into the hands of local farmers, manufacturers and small businesses.
KEEPING TOURISM DOLLARS HOME

FSC proposal could add $500 million to general insurers’ annual bill
Home and motor insurance premiums could face fresh pressure if proposed fee increases by the Financial Services Commission (FSC) are approved, with general insurers potentially facing about $500 million in additional regulatory costs.
FSC proposal could add $500 million to general insurers’ annual bill

Sygnus at 10
In the Caribbean, alternative investments or money invested in businesses and projects outside traditional bank loans or stock market funding, barely register..
Sygnus at 10

Mailpac faces JSE risk over My Cart deal delay
Mailpac’s MyCart deal has changed from an all-share arrangement to $243 million in cash plus 50 million shares, raising questions about how the revised payment structure should be reconciled with earlier disclosures and the $1.21-billion contingent consideration liability in the audited accounts.
Mailpac faces JSE risk over MyCart deal delay

Tropical Battery sells, leases back Ferry Road HQ
Tropical Battery Company Limited has completed a sale-leaseback of its Ferry Road headquarters, generating gross proceeds of $950 million, with part of the funds used to repay higher-cost debt and the balance deployed to working capital.
Tropical Battery sells, leases back Ferry Road HQ

AI push targets tourism workers, visitors
JAMAICA’s tourism sector is set for a wider roll-out of artificial intelligence (AI), with the Government moving to use the technology in visitor services, destination marketing, worker training, and tourism data analysis.
AI push targets tourism workers, visitors