Market Updates | Barita Insights | November 3, 2025

For the week ending October 31, 2025, the local stock market, measured by the Combined Index, declined by 0.35%. The Main Market Index declined by 0.32%, the Junior Market Index declined by 0.84%, and the JSE USD Equities Index declined by 1.17%. During the week First Rock Real Estate Investments Limited was the largest gainer, rising by approximately 15.10% to close at $11.74. The Limners and Bards Limited was the biggest decliner, which fell by 19.01% to close at $0.98.

Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, declining by 3.86%, relative to its Junior Market counterpart which has declined by 8.04%.

For the week ending October 31, 2025, overall market activity resulted from 117 stocks of which 41 advanced, 52 declined and 24 traded firm. Market volume amounted to 101,680,865 units valued at over $271,209,884.18. Key contributors to trading volume are Wigton Energy Limited with 32,486,175 (31.94%), followed by AMG Packaging & Paper Company Limited with 16,252,991 units (15.98%) and TransJamaican Highway Limited with 9,464,774 units (9.31%).

Revisiting relevant news during the week:

$24-b payout
Jamaica’s main food distributors say the country’s stock levels remain healthy following the passage of Hurricane Melissa, with staples such as flour, rice and canned goods sufficiently warehoused or in transit. But fresh produce is likely to tighten in the weeks ahead as damage to farms drives up prices through to Christmas.
$24-b payout

Jamaica’s banks stable but vulnerable, says S&P Global
Jamaica’s banking sector, long upheld as a model of profitability and resilience, is grappling with deep structural risks that could threaten its stability, S&P Global has warned.
Jamaica’s banks stable but vulnerable, says S&P Global

Cemex highlights Jamaica’s star-studded performance
Caribbean Cement Company Limited (CCC) was featured as Cemex’s noteworthy market in its South, Central America and the Caribbean (SCAC) segment which saw a six per cent rise in revenue to US$295 million for the third quarter.
Cemex highlights Jamaica’s star-studded performance

Lumber Depot acquires adjacent Papine property
Hardware retailer Lumber Depot Limited is expanding its footprint in Papine, St Andrew, after entering into an agreement to purchase an adjoining property at 17 Gordon Town Road.
Lumber Depot acquires adjacent Papine property

Fitch upgrades Sagicor Financial Company
Sagicor Financial Company Limited (SFC) has received a rating upgrade from Fitch Ratings as it continues to reap the benefits of its Ivari acquisition.
Fitch upgrades Sagicor Financial Company

Wigton sells Ferry Pen property
Wigton Energy Limited has entered into an agreement to sell its property at Lot 28 Ferry Pen in St Andrew, marking another step in the company’s broader restructuring and repositioning efforts as it transitions from a wind-only producer to a diversified clean energy provider.
Wigton sells Ferry Pen property