Market Updates | Barita Insights | November 2, 2026

For the week ending October 30, 2026, the local stock market, measured by the Combined Index, improved by 1.23%. The Main Market Index improved by 1.18%, the Junior Market Index improved by 1.87%, and the JSE USD Equities Index improved by 2.51%. During the week ISP Finance Services Limited was the largest gainer, rising by approximately 35.14% to close at $12.00. Blue Power Group Limited was the biggest decliner, which fell by 19.57% to close at $2.63.

Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, improving by 21.14% relative to its Junior Market counterpart which has declined by 4.96%.

For the week ending October 30, 2026, overall market activity resulted from 127 stocks of which 74 advanced, 46 declined and 7 traded firm. Market volume amounted to 117,811,912 units valued at over $589,029,790.37. Key contributors to trading volume are TransJamaican Highway Limited with 17,943,305 units (15.00%), followed by Wigton Energy Limited with 11,916,229 units (9.96%) and Image Plus Consultants Limited with 8,501,695 units (7.11%).

Revisiting relevant news during the week:

Tourism bouncing back but Melissa recovery far from complete
As the local tourism industry continues to rebound, a year after Hurricane Melissa devastated sections of the island, Jamaica Hotel and Tourist Association (JHTA) President O’Brian Heron has cautioned against mistaking the reopening of properties for a full recovery.
Tourism bouncing back but Melissa recovery far from complete

Supreme Court sanctions Scotia Group Jamaica scheme of arrangement
KINGSTON, Jamaica—Scotia Group Jamaica Limited (SGJ) has become a wholly owned subsidiary of The Bank of Nova Scotia (Scotiabank) following the Supreme Court of Jamaica’s decision to sanction a scheme of arrangement.
Supreme Court sanctions Scotia Group Jamaica scheme of arrangement  

Dolphin Cove sale in doubt as majority owner says deal unlikely to close
KINGSTON, Jamaica —The sale of World of Dolphins Inc’s 79.99 per cent stake in Dolphin Cove Limited is in doubt, after the majority shareholder told the board it does not expect Global Attractions Limited (GAL) to complete the acquisition.
Dolphin Cove sale in doubt as majority owner says deal unlikely to close

Fosrich eyes NaRRA projects as it works to rebuild revenues
FOSRICH Company Limited is eyeing supply contracts under the Government’s National Reconstruction and Resilience Authority (NaRRA), banking on housing, infrastructure and hurricane recovery projects to help reverse a sharp decline in revenue.
Fosrich eyes NaRRA projects as it works to rebuild revenues

Sagicor shareholders back Caribbean merger
Shareholders of Sagicor Group Jamaica Limited have given the green light for the financial conglomerate’s proposed Caribbean reorganisation, clearing a major hurdle in plans to replace the Jamaican-listed company with a larger regional entity that will bring together Sagicor’s operations across several markets.
Sagicor shareholders back Caribbean merger

Salada offers chai latte as a milder option to caffeine
Salada Foods Jamaica Limited is expanding its range of instant beverages with the launch of Jamaica Mountain Peak chai latte, a spiced tea drink aimed at consumers looking for a milder caffeine boost than traditional coffee.
Salada offers chai latte as a milder option to caffeine