Local Equities Market
For the week ending July 18, 2025, the local stock market, measured by the Combined Index, declined by 0.22%. The Main Market Index improved by 0.30%, the Junior Market Index declined by 0.26%, and the JSE USD Equities Index declined by 1.18%. During the week Main Event Entertainment Group was the largest gainer, rising by approximately 20.24% to close at $8.91. One Great Studio Company Limited was the biggest decliner, which fell by 11.43% to close at $0.31.
Small-cap stocks, reflecting those listed on the Junior Market Index are outperforming on a YTD basis, declining by 8.62%, relative to its Main Market counterpart which has declined by 9.03%.
For the week ending July 18, 2025, overall market activity resulted from 95 stocks of which 36 advanced, 36 declined and 23 traded firm. Market volume amounted to 9,958,277 units valued at over $177,600,537.68. Key contributors to trading volume are Carreras Limited with 2,107,251 units (20.56%), followed by NCB Financial Group Limited with 1,431,031 units (13.96%) and TransJamaican Highway Limited with 1,037,294 units (10.12%).
Revisiting relevant news during the week:
Kremi hits $3b in sales, but cash tight and profits fall
Caribbean Cream Limited, the maker of Kremi-branded frozen desserts, has crossed the $3-billion revenue mark for the first time in its history. But even with higher sales and newly completed infrastructure upgrades, the company is facing rising costs and a profit that’s been cut in half.
Kremi hits $3b in sales, but cash tight and profits fall
KPREIT raising more capital in another APO
Kingston Properties Limited (KPREIT) is moving to raise new equity capital through an additional public offering (APO) as it moves closer to achieving its US$100-million ($15.88 billion) asset target.
KPREIT raising more capital in another APO
LASCO Financial shakes up leadership amid costly microfinance fallout
LASCO Financial Services Limited (LFSL) faces a pivotal leadership transition as Managing Director Jacinth Hall-Tracey, instrumental in its 21-year evolution, steps down effective December 2025.
LASCO Financial shakes up leadership amid costly microfinance fallout
Kingston Wharves spends $1.1 billion on 27% acquisition of CHL
Kingston Wharves Limited (KW) has acquired a 27.126 stake in Cargo Handlers (CHL) for $1.095 billion as it continues its expansion into Western Jamaica.
Kingston Wharves spends $1.1 billion on 27% acquisition of CHL
‘Pulse abandons luxury homes; pivots to resort model
Pulse Investments has formally shelved its luxury housing ambitions at Villa Ronai and is now repositioning the property as a five-star resort and wellness destination.
Pulse abandons luxury homes; pivots to resort model
Image Plus to lock in market dominance with two acquisitions
Despite the fallout from a reduction in government-funded referrals, Image Plus Consultants Limited has held firm on revenues and is now pushing ahead with two acquisitions aimed at reinforcing its claim as the country’s leading diagnostic imaging provider.
Image Plus to lock in market dominance with two acquisitions
| Unit Trust Fund | 17/07/2025 | 10/07/2025 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 73.94 | 74.24 | -0.41% | -9.46% | -1.47% | - |
| Money Market | 17.67 | 17.64 | 0.18% | 3.19% | 5.51% | 5.21% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.58% |
| FX Bond Portfolio (US$) | 1.53 | 1.53 | -0.18% | 2.88% | 3.00% | 4.51% |
| Real Estate Portfolio | 17,608.21 | 17,617.33 | -0.05% | 1.26% | 8.35% | - |
| FX Growth Portfolio | 1.28 | 1.28 | 0.40% | 14.54% | 14.54% | - |
| FX Income Accumulator | 1.04 | 1.04 | 0.05% | 0.75% | 1.56% | 2.90% |
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