Market Updates | Barita Insights | March 16, 2026

Local Equities Market

For the week ending March 13, 2026, the local stock market, measured by the Combined Index, improved by 0.56%. The Main Market Index improved by 0.49%, the Junior Market Index improved by 1.55%, and the JSE USD Equities Index improved by 2.29%. During the Future Energy Source Company Ltd Ordinary Shares was the largest gainer, rising by approximately 27.51% to close at $4.45. First Rock Real Estate Investments Limited was the biggest decliner, which fell by 20.89% to close at $7.12.

Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, improving by 8.47%, relative to its Junior Market counterpart which has improved by 0.45%.

For the week ending March 13, 2026, overall market activity resulted from 127 stocks of which 50 advanced, 68 declined and 9 traded firm. Market volume amounted to 108,428,320 units valued at over $985,872,799.64. Key contributors to trading volume are Kintyre Holdings (JA) Limited with 21,563,252 (18.07%), followed by TransJamaican Highway Limited with 14,432,209 units (12.09%) Future Energy Source Company Ltd Ordinary Shares with 10,249,317 units (8.59%).

Revisiting relevant news during the week:

HURRICANE HITS AIRPORT TRAFFIC sending Express Catering into loss
Express Catering Limited swung to a quarterly loss after Hurricane Melissa hammered passenger traffic through Sangster International Airport, cutting the airport concessionaire’s revenue by 40 per cent and forcing a sharper focus on costs as tourism recovers.
HURRICANE HITS AIRPORT TRAFFIC sending Express Catering into loss

GK spends $3.15 billion on Dairy Industries acquisition
GraceKennedy Limited has disclosed that it paid $3.15 billion to acquire the remaining 50 per cent stake in Dairy Industries (Jamaica) Limited from Fonterra Co-operative Group Limited, giving investors their first indication of the cost of the transaction announced earlier this year.

GK spends $3.15 billion on Dairy Industries acquisition

Jamaica Broilers shareholders to vote on auditor switch weeks after PwC reappointment
Kingston, Jamaica — Shareholders of Jamaica Broilers Group Limited will vote next month on replacing long-standing auditor PricewaterhouseCoopers with Ernst & Young — just weeks after PwC was reappointed — as fallout continues from accounting irregularities in the company’s United States (US) operations.
Jamaica Broilers shareholders to vote on auditor switch weeks after PwC reappointment

Honey Bun targets bigger slice of global snacks market
Honey Bun is positioning itself to capture a larger share of the US$700-billion global snacks and baked goods market as it moves closer to completing the build-out of its Angels production facility.
Honey Bun targets bigger slice of global snacks market

LASCO invests US$7m in new production line to boost efficiency
LASCO Manufacturing has invested US$7 million in a new high-speed production line as the company moves to modernise operations, improve efficiency and reduce plastic use in beverage packaging.
LASCO invests US$7m in new production line to boost efficiency

Tropical Battery accelerates global expansion with investments in renewables and battery solutions
Kingston, Jamaica — Tropical Battery Company Limited is reaffirming its commitment to international growth and market development as global demand for sustainable energy, battery systems and renewable solutions continues to accelerate.
Tropical Battery accelerates global expansion with investments in renewables and battery solutions

Unit Trust Fund 12/03/2026 05/03/2026 Week/Week Return Year-to-Date Return 1 Year Return Yield
Capital Growth 75.546 76.507 -1.26% -1.92% -2.06% -
Money Market 18.396 18.434 -0.21% 0.60% 5.67% 5.27%
Income Portfolio 100.00 100.00 - - - 4.92%
FX Bond Portfolio (US$) 1.668 1.668 -0.02% 0.89% 11.38% 4.00%
Real Estate Portfolio 18,377.951 18,350.961 0.15% -1.37% 5.40% -
FX Growth Portfolio 1.368 1.397 -2.05% -2.56% 18.42% -
FX Income Accumulator 1.066 1.066 0.02% 1.12% 3.02% 5.54%

Market News Signup

Sign up to get updates to your inbox

  • This field is for validation purposes and should be left unchanged.

Keep Reading...

Let's Make Your Money Work For You