Market Updates | Barita Insights | December 15, 2025

For the week ending December 12, 2025, the local stock market, measured by the Combined Index, declined by 0.23%. The Main Market Index declined by 0.18%, the Junior Market Index declined by 0.85%, and the JSE USD Equities Index improved by 1.63%. During the EduFocal Limited was the largest gainer, rising by approximately 41.67% to close at $0.34. MPC Caribbean Clean Energy Limited USD was the biggest decliner, which fell by 27.74% to close at $0.09.

Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, declining by 6.78%, relative to its Junior Market counterpart which has declined by 12.49%.

For the week ending December 12, 2025, overall market activity resulted from 124 stocks of which 45 advanced, 63 declined and 16 traded firm. Market volume amounted to 110,616,805 units valued at over $383,608,085.24. Key contributors to trading volume are TransJamaican Highway Limited with 24,984,241 (22.25%), followed by Kintyre Holdings (JA) Limited with 17,869,513 units (15.92%) and JMMB Group Limited 9.50% with 8,928,334 units (7.95%).

Revisiting relevant news during the week:

WEST INDIES PETROLEUM TERMINAL FILES FOR $5.59-B JSE LISTING
West Indies Petroleum Terminal Limited (WIP Terminal) is seeking a listing on the Jamaica Stock Exchange (JSE) in a move to raise its corporate profile and provide liquidity for shareholders, amid falling profitability and low cash reserves.
WEST INDIES PETROLEUM TERMINAL FILES FOR $5.59-B JSE LISTING

Scotia Group grows top line, but costs dampen profits
Scotia Group Jamaica reported a quarterly decline in net profit driven by surging operating expenses, despite achieving growth in its loan book, operating income, and status as Jamaica’s top mortgage provider for the 2025 financial year, which was also marked by significant one-off costs from Hurricane Melissa.
Scotia Group grows top line, but costs dampen profits 

Dolphin Cove weathers Hurricane Melissa
Dolphin Cove Limited has resumed operations at two of its major properties following the passage of Hurricane Melissa which resulted in restoration costs of US$300,000 ($48.30 million).
Dolphin Cove weathers Hurricane Melissa

Sygnus parks big money in Lakes Pen
The Sygnus Group has deepened its push into the real estate market with a US$20-million investment in the Lakespen Industrial Park in St Catherine.
Sygnus parks big money in Lakes Pen

Auto claims up 30 percent post-Hurricane Melissa
At least one general insurer in the local market has noted a significant rise in motor insurance claims following Hurricane Melissa, pointing to an increase in overall notifications by about 30-35 per cent when compared to that processed within a typical month.
Auto claims up 30 percent post-Hurricane Melissa

Fontana opens year strong
Pharmacy retail chain Fontana Limited has started its new financial year on solid footing, posting record first-quarter revenues even as profits slipped due to higher costs associated with recent expansion activities.
Fontana opens year strong