Local Equities Market
For the week ending May 1, 2026, the local stock market, measured by the Combined Index, improved by 2.47%. The Main Market Index improved by 2.55%, the Junior Market Index improved by 1.21%, and the JSE USD Equities Index improved by 1.08%. During the Proven Group Limited USD was the largest gainer, rising by approximately 23.50% to close at $0.07. Paramount Trading (Jamaica) Limited was the biggest decliner, which fell by 19.33% to close at $0.96.
Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, improving by 9.62%, relative to its Junior Market counterpart which has declining by 5.59%.
For the week ending May 1, 2026, overall market activity resulted from 128 stocks of which 64 advanced, 53 declined and 11 traded firm. Market volume amounted to 230,505,337 units valued at over $1,007,952,253.34. Key contributors to trading volume are Wigton Energy Limited with 91,483,622 (39.31%), followed by TransJamaican Highway Limited with 24,158,735 units (10.38%) and One On One Educational Services Limited with 23,003,332 units (9.88%).
Revisiting relevant news during the week:
BOJ sees inflation averaging as high as 7.5 percent
Bank of Jamaica policymakers in March privately projected inflation could average as high as 7.5 percent over the next two years as oil prices and geopolitical tensions threaten to drive up costs and weaken growth, minutes of the central bank’s latest meeting show.
BOJ sees inflation averaging as high as 7.5 percent
Sugar tax pushes GraceKennedy beverage prices up 9 percent as of May 1
GraceKennedy Limited will raise prices on non-alcoholic sweetened beverages by an average of nine percent from May 1, citing the Government’s new sugar-content-based tax and other cost increases, according to a customer notice seen by the Jamaica Observer.
Sugar tax pushes GraceKennedy beverage prices up 9 per cent as of May 1
BOJ approves SVL digital wallet
Supreme Ventures Limited (SVL) is set to launch a digital wallet and prepaid Mastercard later this year as it continues to leverage its scale to penetrate financial services.
BOJ approves SVL digital wallet
Shareholders miss out on $17 dividend as Carib Cement parks cash with Cemex
Caribbean Cement Company Limited (CCC) has built up $15.7 billion in cash, but much of it is being channelled to its parent, Cemex, rather than paid out to minority shareholders.
Shareholders miss out on $17 dividend as Carib Cement parks cash with Cemex
Proven & ANSA McAL raising US$30 million via Roberts Manufacturing IPO
Proven Group Limited is selling down nearly half of its stake in Barbados-based Roberts Manufacturing Company Limited in a deal worth up to US$15.63 million as the regional investment company moves to improve liquidity, reduce debt, and position itself to resume dividend payments.
Proven & ANSA McAL raising US$30 million via Roberts Manufacturing IPO
| Unit Trust Fund | 30/04/2026 | 23/04/2026 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 75.467 | 74.286 | 1.59% | -2.02% | -2.90% | - |
| Money Market | 18.576 | 18.580 | -0.02% | 1.59% | 5.90% | 4.23% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.73% |
| FX Bond Portfolio (US$) | 1.680 | 1.679 | 0.04% | 1.62% | 11.29% | 3.89% |
| Real Estate Portfolio | 21,395.753 | 21,488.466 | -0.43% | 14.82% | 21.99% | - |
| FX Growth Portfolio | 1.433 | 1.433 | 0.03% | 2.09% | 26.41% | - |
| FX Income Accumulator | 1.068 | 1.066 | 0.12% | 1.30% | 3.21% | 5.24% |
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