Local Equities Market
For the week ending July 03, 2026, the local stock market, measured by the Combined Index, improved by 0.79%. The Main Market Index improved by 0.85%, the Junior Market Index declined by 0.12%, and the JSE USD Equities Index improved by 5.64%. During the Caribbean Cream Limited was the largest gainer, rising by approximately 50.00% to close at $1.35. Margaritaville (Turks) Limited USD was the biggest decliner, which fell by 28.16% to close at $0.05.
Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, improving by 11.82%, relative to its Junior Market counterpart which has declining by 9.56%.
For the week ending July 03, 2026, overall market activity resulted from 124 stocks of which 68 advanced, 41 declined and 15 traded firm. Market volume amounted to 200,099,039 units valued at over $1,330,413,941.41. Key contributors to trading volume are Wigton Energy Limited with 29,996,497 (14.89%), followed by TransJamaican Highway Limited with 27,771,160 units (13.79%) and One On One Educational Services Limited with 22,503,983 units (11.17%).
Revisiting relevant news during the week:
Insurers face $646-m fee hit
Jamaica insurance sector is facing an additional $646.19 million in regulatory fees after the Financial Services Commission (FSC) issued revised invoices under its new fee structure.
Insurers face $646-m fee hit
Cornerstone upgraded one notch by CariCRIS as capital, governance improve
Cornerstone Financial Holdings Limited has received a one-notch upgrade across all four of its CariCRIS credit ratings, after a period in which the financial group completed a major restructuring and widened its business interests.
Cornerstone upgraded one notch by CariCRIS as capital, governance improve
Dolla Financial completes acquisition of Evolve loan portfolio
Dolla Financial Services Limited has completed the acquisition of the lending portfolio of Evolve Loan Co Limited, in a transaction that adds approximately $700 million in loans and about 1,800 customer relationships to its business.
Dolla Financial completes acquisition of Evolve loan portfolio
Sygnus eyes US$25-m raise
Sygnus Credit Investments Limited (SCI) is moving to raise US$25 million ($3.90 billion), through a preference share issue as it seeks additional capital for its growing deal pipeline.
Sygnus eyes US$25-m raise
Building plans surge
Building and planning applications submitted to Jamaica’s municipal corporations (MCs) jumped to an estimated $280.9 billion in 2025, pointing to a larger development pipeline even as construction activity weakened late in the year.
Building plans surge
Proven Group skips dividends amidst leadership reset
Proven Group skipped a dividend for the fourth-consecutive quarter as it focuses on liquidity management, cash flow optimisation and reducing leverage.
Proven Group skips dividends amidst leadership reset
| Unit Trust Fund | 02/07/2026 | 25/06/2026 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 74.547 | 74.842 | -0.39% | -3.22% | -2.48% | - |
| Money Market | 18.699 | 18.665 | 0.18% | 2.26% | 6.14% | 3.91% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.50% |
| FX Bond Portfolio (US$) | 1.691 | 1.690 | 0.02% | 2.25% | 10.48% | 3.55% |
| Real Estate Portfolio | 21,314.061 | 21,332.578 | -0.09% | 14.38% | 21.16% | - |
| FX Growth Portfolio | 1.472 | 1.447 | 1.67% | 4.82% | 16.17% | - |
| FX Income Accumulator | 1.072 | 1.073 | -0.04% | 1.72% | 3.27% | 5.39% |
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