Local Equities Market
For the week ending June 12, 2026, the local stock market, measured by the Combined Index, improved by 1.37%. The Main Market Index improved by 1.53%, the Junior Market Index declined by 0.98%, and the JSE USD Equities Index declined by 0.09%. During the ISP Finance Services Limited was the largest gainer, rising by approximately 35.06% to close at $11.75. Productive Business Solution Ltd USD Ordinary Shares was the biggest decliner, which fell by 24.28% to close at $0.34.
Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, improving by 7.33%, relative to its Junior Market counterpart which has declining by 12.38%.
For the week ending June 12, 2026, overall market activity resulted from 126 stocks of which 42 advanced, 72 declined and 12 traded firm. Market volume amounted to 943,033,712 units valued at over $1,644,415,642.93. Key contributors to trading volume are Dolla Financial Services Limited with 504,796,009 (49.43%), followed by Kintyre Holdings (JA) Limited with 328,729,987 units (32.19%) and Productive Business Solution Ltd USD Ordinary Shares with 77,228,947 units (7.56%).
Revisiting relevant news during the week:
Scotiabank moves to take Scotia Group Jamaica private
Scotiabank Caribbean Holdings Limited is moving to take Scotia Group Jamaica Limited (SGJL) private, in a transaction that would see minority shareholders bought out at $61.50 per share in cash.
Scotiabank moves to take Scotia Group Jamaica private
QUANTAS Advantage Inc IPO oversubscribed
QUANTAS Advantage Inc’s initial public offering (IPO) has been oversubscribed as it garnered more than $2.38 billion in investor subscriptions.
QUANTAS Advantage Inc IPO oversubscribed
Dequity sells Dolla stake for $1 billion
The Kadeen Mairs-controlled Dequity Capital Management Limited exited its investment in Dolla Financial Services Limited on Thursday for $935.75 million as it shifts focus to other private equity investments.
Dequity sells Dolla stake for $1 billion
BOJ clears Barita banking platform rollout
The Bank of Jamaica (BOJ) has cleared Barita Merchant Bank to begin rolling out a digital-first banking platform, moving Cornerstone Financial Holdings from more than a decade of acquisitions and regulatory build-out into the harder test of winning customers in Jamaica’s crowded digital finance market.
BOJ clears Barita banking platform rollout
Main Event loss widens as revenue falls across key business lines
Main Event Entertainment Group Limited (MEEG) sank deeper into loss in its second quarter as revenue fell across most of its business lines, with hurricane disruption, weaker discretionary spending and redirected event business offsetting efforts to cut costs and stabilise operations.
Main Event loss widens as revenue falls across key business lines
FOSRICH RACES TO FIX CASH CRUNCH AFTER DEEPER LOSS
Electrical and lighting company FosRich Limited is moving aggressively to implement a five-point turnaround strategy aimed at restoring profitability and strengthening cash flow as it positions the business for sustainable growth after reporting a wider net loss in the first quarter of this year.
FOSRICH RACES TO FIX CASH CRUNCH AFTER DEEPER LOSS
| Unit Trust Fund | 06/10/2026 | 06/04/2026 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 72.780 | 72.514 | 0.37% | -5.51% | -4.01% | - |
| Money Market | 18.694 | 18.675 | 0.10% | 2.23% | 5.96% | 4.17% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.70% |
| FX Bond Portfolio (US$) | 1.687 | 1.686 | 0.02% | 2.01% | 10.81% | 3.78% |
| Real Estate Portfolio | 21,490.936 | 21,468.633 | 0.10% | 15.33% | 22.13% | - |
| FX Growth Portfolio | 1.415 | 1.469 | -3.65% | 0.81% | 14.81% | - |
| FX Income Accumulator | 1.070 | 1.070 | 0.02% | 1.50% | 3.28% | 4.77% |
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