Local Equities Market
For the week ending May 09, 2025, the local stock market, measured by the Combined Index, declining by 0.71%. The Main Market Index declining by 0.75%, the Junior Market Index declining by 0.20%, and the JSE USD Equities Index rising by 12.71%. During the week A.S. Bryden & Sons Holdings Limited USD was the largest gainer, rising by approximately 35.24% to close at $0.27. ISP Finance Services Limited was the biggest decliner, which fell by 24.54% to close at $8.70.
Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, declining by 3.83%, relative to its Junior Market counterpart which has declined by 7.44%.
For the week ending May 09, 2025, overall market activity resulted from 129 stocks of which 73 advanced, 41 declined and 15 traded firm. Market volume amounted to 97,018,497 units valued at over $640,880,272.62. Key contributors to trading volume are Wigton Energy Limited with 19,375,600 units (19.68%), followed by TransJamaican Highway Limited with 11,170,388 units (11.34%) and Derrimon Trading Company Limited with 9,020,190 units (9.16%).
Revisiting relevant news during the week:
Jamaica in ‘good position’ to respond to shocks
Jamaica’s careful economic management is paying off, the International Monetary Fund (IMF) said Thursday, crediting steady fiscal and monetary policies for putting the nation in a “good position” to face emerging global economic challenges.
Jamaica in ‘good position’ to respond to shocks
Seprod launches takeover bid for AS Bryden
Seprod Limited has launched a takeover bid for an additional 29.85 per cent stake in its Trinidadian subsidiary AS Bryden & Sons Holdings Limited (ASBH).
Seprod launches takeover bid for AS Bryden
OMNI Industries makes first shipment to Guyana
OMNI Industries Limited has made its first shipment of construction buckets and garden hoses to Guyana, marking its entry into one of the region’s fastest-growing markets as it accelerates plans to become a regional manufacturer.
OMNI Industries makes first shipment to Guyana
Stanley Motta welcomes Canopy Insurance as first tenant at Unit 1 development
STANLEY Motta Limited, a leading developer of commercial and BPO real estate, has announced Canopy Insurance as the first tenant to fully occupy and operationalise its newly completed Unit 1 building at 58 Half-Way-Tree Road in Kingston.
Stanley Motta welcomes Canopy Insurance as first tenant at Unit 1 development
MFS Capital targets growth with more branches, real estate
MFS Capital Partners Limited is set to expand its retail financial services operations with the upcoming opening of a new Monolith Financial Services branch on Windward Road, Kingston.
MFS Capital targets growth with more branches, real estate
Wisynco bottles reduced Q3 profit
Beverage giant Wisynco Group Limited reported a dip in third-quarter profit as the company continued to navigate a challenging economic environment, marked by softening consumer demand and logistical disruptions in key export markets.
Wisynco bottles reduced Q3 profit
| Unit Trust Fund | 08/05/2025 | 01/05/2025 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 76.988 | 77.72 | -0.95% | -5.72% | 1.15% | - |
| Money Market | 17.5530 | 17.5406 | 0.07% | 2.49% | 6.11% | 5.39% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.68% |
| FX Bond Portfolio (US$) | 1.5108 | 1.5097 | 0.07% | 1.72% | 3.63% | 4.62% |
| Real Estate Portfolio | 17,570.79 | 17,538.75 | 0.18% | 1.04% | 7.72% | - |
| FX Growth Portfolio | 1.1479 | 1.1337 | 1.25% | 10.12% | 10.12% | - |
| FX Income Accumulator | 1.0345 | 1.0344 | 0.01% | 0.34% | 1.83% | 2.97% |
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