Local Equities Market
For the week ending July 11, 2025, the local stock market, measured by the Combined Index, declined by 2.07%. The Main Market Index declined by 2.15%, the Junior Market Index declined by 1.13%, and the JSE USD Equities Index improved by 3.48%. During the week Jetcon Corporation Limited was the largest gainer, rising by approximately 25.00% to close at $2.10. MFS Capital Partners Limited was the biggest decliner, which fell by 19.57% to close at $0.37.
Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, declining by 8.79%, relative to its Junior Market counterpart which has declined by 8.89%.
For the week ending July 11, 2025, overall market activity resulted from 128 stocks of which 43 advanced, 67 declined and 18 traded firm. Market volume amounted to 88,028,948 units valued at over $464,233,393.36. Key contributors to trading volume are Wigton Energy Limited with 32,134,404 units (35.36%), followed by TransJamaican Highway Limited with 13,988,757 units (15.39%) and NCB Financial Group Limited with 4,099,225 units (4.15%).
Revisiting relevant news during the week:
‘BACK ON THE GROWTH PATH’
After three consecutive quarters of downturn last year, Jamaica’s tourism sector — long considered the backbone of the economy — is once again growing and Minister of Tourism Edmund Bartlett is optimistic about maintaining the upward trend, with eyes fixed on achieving double-digit growth in upcoming quarters.
‘BACK ON THE GROWTH PATH’
Government seeks $61 billion from MBJ deal
The Government of Jamaica (GOJ) will be seeking to raise up to US$385 million (J$61.21 billion) in the international capital markets as it seeks to sell the future receivables that the Airports Authority of Jamaica (AAJ) collects from MBJ Airports Limited, operators of the Sangster International Airport (SIA).
Government seeks $61 billion from MBJ deal
Micro Market Steering Committee holds first meeting
The Micro Market Steering Committee, led by the Jamaica Stock Exchange (JSE), last month convened its first official meeting, marking a significant step in the development of the country’s newest market.
Micro Market Steering Committee holds first meeting
Main Event bets on itself
Shareholders will have to wait for the release of Main Event Entertainment Group’s May to July quarterly results before they can know if the company has turned a corner on the losses it posted at the start of this financial year.
Main Event bets on itself
‘Invaluable piece of the puzzle’
Shareholders of Dolphin Cove Limited will have to wait a couple more months to get additional clarity regarding the next steps to be executed by creditors who are overseeing the chapter 11 bankruptcy proceedings of Leisure Investments Holdings LLC (LIH).
‘Invaluable piece of the puzzle’
FTC urges centralised credit data sharing to fix Jamaica’s credit market flaws
Fair Trading Commission (FTC) is calling for a centralised credit information-sharing system to overhaul the nation’s fragmented credit reporting market, citing persistent barriers to competition, unreliable data, and the exclusion of vulnerable borrowers.
FTC urges centralised credit data sharing to fix Jamaica’s credit market flaws
| Unit Trust Fund | 10/07/2025 | 02/07/2025 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 74.24 | 75.61 | -1.80% | -9.08% | -2.39% | - |
| Money Market | 17.64 | 17.62 | 0.11% | 3.01% | 5.44% | 5.29% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.64% |
| FX Bond Portfolio (US$) | 1.53 | 1.53 | 0.12% | 3.06% | 3.27% | 4.51% |
| Real Estate Portfolio | 17,617.33 | 17,577.53 | 0.23% | 1.31% | 8.21% | - |
| FX Growth Portfolio | 1.28 | 1.27 | 0.85% | 12.79% | 12.79% | - |
| FX Income Accumulator | 1.04 | 1.04 | 0.00% | 0.70% | 1.74% | 2.91% |
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