Market Updates | Barita Insights | August 31, 2026

For the week ending August 28, 2026, the local stock market, measured by the Combined Index, improved by 0.02%. The Main Market Index declined by 0.18%, the Junior Market Index improved by 3.41%, and the JSE USD Equities Index improved by 0.61%. During the Margaritaville (TURKS) Limited was the largest gainer, rising by approximately 32.49% to close at $9.42. Margaritaville (TURKS) Limited USD was the biggest decliner, which fell by 15.10% to close at $0.04.

Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, improving by 17.03%, relative to its Junior Market counterpart which has declining by 12.33%.

For the week ending August 28, 2026, overall market activity resulted from 127 stocks of which 78 advanced, 38 declined and 11 traded firm. Market volume amounted to 592,278,206units valued at over $6,882,686,850.77. Key contributors to trading volume are Supreme Ventures Limited with 343,963,843 (57.66%), followed by Elite Diagnostic Limited with 81,486,221 units (13.66%) and TransJamaican Highway Limited with 30,547,714 units (5.12%).

Revisiting relevant news during the week:

Businesses see inflation stay ing above BOJ target
Jamaican businesses expect inflation to remain above the Bank of Jamaica’s (BOJ’s) target over the next year, even as confidence about the economic outlook improves, according to the central bank’s latest survey.
Businesses see inflation staying above BOJ target

Jetcon targets first-year sale of over 100 Arcfox units as it re-enters EV market
Auto trader Jetcon Corporation Limited is making a second push into the electric-vehicle (EV) market, targeting sales of about 100 units of its soon-to-be-launched Arcfox models as the company looks to capitalise on growing consumer interest in electric mobility.
Jetcon targets first-year sale of over 100 Arcfox units as it re-enters EV market

Dom Rep firm revealed as buyer of Dolphin Cove
Parques del Este Limited has been revealed as the beneficial owner of Global Attractions Limited (GAL), the entity which is set to acquire the majority interest in tourism outfit Dolphin Cove Limited (DCOVE).
Dom Rep firm revealed as buyer of Dolphin Cove

Atlantic Hardware turns to e-commerce as profit triples
Atlantic Hardware & Plumbing Company Limited is preparing to introduce e-commerce and expand its product portfolio after revenue jumped 69 per cent and profit more than tripled during the first half of 2026.
Atlantic Hardware turns to e-commerce as profit triples

Scotia may tap own cash for $52-billion privatisation
Scotia Group Jamaica Limited may use some of its available cash to help fund the roughly $52.1-billion repurchase of minority shares, transaction documents show, as shareholders prepare to vote on October 7 on taking the financial group private.
Scotia may tap own cash for $52-billion privatisation