Market Updates | Barita Insights | November 17, 2025

For the week ending November 14, 2025, the local stock market, measured by the Combined Index, declined by 1.22%. The Main Market Index declined by 1.22%, the Junior Market Index declined by 1.30%, and the JSE USD Equities Index improved by0.94%. During the week Jetcon Corporation Limited was the largest gainer, rising by approximately 17.50% to close at $1.41. Atlantic Hardware and Plumbing Company Limited was the biggest decliner, which fell by 22.07% to close at $1.13.

Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, declining by 7.27%, relative to its Junior Market counterpart which has declined by 10.69%.

For the week ending November 14, 2025, overall market activity resulted from 120 stocks of which 45 advanced, 57 declined and 18 traded firm. Market volume amounted to 89,172,035 units valued at over $409,224,039.51. Key contributors to trading volume are Radio Jamaica Limited with 15,416,140 (17.04%), followed by TransJamaican Highway Limited with 12,324,918 units (13.62%) and Atlantic Hardware and Plumbing Company Limited with 9,436,661 units (10.43%).

Revisiting relevant news during the week:

‘The recovery starts now’
Agriculture Minister Floyd Green on Tuesday laid bare a staggering bill of $29.5 billion worth of devastation to the sector from Hurricane Melissa, describing scenes of ruin “beyond living memory”. But he has declared with firm resolve that the recovery for thousands of farmers has already begun.
‘The recovery starts now’

JBG CRISIS DEEPENS
Jamaica Broilers Group (JBG) reported a $7.2-billion net loss for the year ended May 3, 2025 after accounting irregularities at its US operations forced a restatement of prior results. The restatement, which involved a massive write-down of intangible assets, goodwill, and biological assets, wiped billions from the company’s stated equity.
JBG CRISIS DEEPENS

NCB Financial profit surges 71% on one-time gain, strengthening Jamaican turnaround
KINGSTON, Jamaica – NCB Financial Group Limited, Jamaica’s largest financial conglomerate by assets, reported a 71 per cent surge in full-year net profit, a result buoyed by a one-off gain from the sale of a European subsidiary that has accelerated its strategic turnaround.
NCB Financial profit surges 71% on one-time gain, strengthening Jamaican turnaround

Strong insurance sales fuel Sagicor Group’s profits
Stronger insurance sales and improvements across its other lines of business contributed to a 72 per cent improvement in Sagicor Group Jamaica Limited’s (SJ) consolidated net profit which grew from $2.66 billion to $4.58 billion.
Strong insurance sales fuel Sagicor Group’s profits

Omni post strongest quarter since listing
A little over a year after listing on the Junior Market of the Jamaica Stock Exchange, thermoplastics manufacturer Omni Industries Limited has reported its strongest quarterly performance to date.
Omni post strongest quarter since listing

TJH in US$3.8-m storm toll talks
As Jamaica continues to tally the economic cost of Hurricane Melissa, TransJamaican Highway Limited (TJH) has entered talks with the Government to address the multi-million-dollar revenue impact from its 15-day, State-requested toll suspension.
TJH in US$3.8-m storm toll talks