Market Updates | Barita Insights | July 20, 2026

For the week ending July 17, 2026, the local stock market, measured by the Combined Index, declined by 0.47%. The Main Market Index declined by 0.48%, the Junior Market Index declined by 0.45%, and the JSE USD Equities Index improved by 8.29%. During the Image Plus Consultants Limitedwas the largest gainer, rising by approximately 37.33% to close at $1.03. Margaritaville (Turks) Limited was the biggest decliner, which fell by 29.73% to close at $8.58.

Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, improving by 13.82%, relative to its Junior Market counterpart which has declining by 12.13%.

For the week ending July 17, 2026, overall market activity resulted from 129 stocks of which 48 advanced, 73 declined and 8 traded firm. Market volume amounted to 141,536,796 units valued at over $806,286,504.23. Key contributors to trading volume are TransJamaican Highway Limited with 38,047,383 (25.66%), followed by JMMB Group Limited 9.50% with 18,935,200 units (12.77%) and Wigton Energy Limitedwith 15,104,661 units (10.19%).

Revisiting relevant news during the week:

CariCRIS backs Sagicor rebound
CARIBBEAN Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the CariAA+ regional and jmAAA Jamaica national-scale ratings on a Sagicor Financial Company Limited (SFC) debt issue of up to US$76 million or its Jamaican-dollar equivalent, with a stable outlook despite rising costs and economic risks across some of the group’s key markets.
CariCRIS backs Sagicor rebound

SCOTIA COURTS CONFIDENCE
THE Supreme Court on Wednesday cleared the way for Scotia Group Jamaica Limited (SGJ) to convene shareholder meetings on its approximately $54-billion privatisation plan, advancing a transaction that could end more than 57 years of Scotia trading on the Jamaica Stock Exchange (JSE).
SCOTIA COURTS CONFIDENCE

IP write-down dents One-on-One quarter
ONE-on-ONE Educational Services Limited has taken a $10.6-million provision against intellectual property held as inventory for sale, cutting its third-quarter profit.
IP write-down dents One-on-One quarter

Higher sales and product availability drive Kremi back to profit in Q1
CARIBBEAN Cream Limited (CCL), manufacturer of Kremi ice cream and frozen novelties, returned to profitability in the first quarter as stronger sales, improved product availability and tighter cost controls helped it recover from a difficult financial year marred by Hurricane Melissa and rising global input costs
Higher sales and product availability drive Kremi back to profit in Q1

Image Plus earns two-thirds of last year’s profit in three months
IMAGE Plus Consultants Limited earned the equivalent of two-thirds of its entire 2025/26 profit during the first three months of the new financial year as rising patient volumes and an expanded diagnostic network delivered greater operating scale.
Image Plus earns two-thirds of last year’s profit in three months

Newly formed St Lucian company to take control of Dolphin Cove
DOLPHIN Cove Limited is set to get a new controlling shareholder after World of Dolphins Inc agreed to sell its entire 79.99 per cent stake in the Jamaica-based attractions company to Saint Lucia-incorporated Global Attractions Limited.
Newly formed St Lucian company to take control of Dolphin Cove