Local Equities Market
For the week ending October 23, 2026, the local stock market, measured by the Combined Index, improved by 0.21%. The Main Market Index improved by 0.14%, the Junior Market Index improved by 1.36%, and the JSE USD Equities Index improved by 2.91%. During the week Consolidated Bakeries (Jamaica) Limited was the largest gainer, rising by approximately 30.08% to close at $1.60. CAC 2000 Limited was the biggest decliner, which fell by 26.21% to close at $0.76.
Large-cap stocks, reflecting those listed on the Main Market Index are outperforming on a YTD basis, improving by 19.72% relative to its Junior Market counterpart which has declined by 6.71%.
For the week ending October 23, 2026, overall market activity resulted from 123 stocks of which 56 advanced, 52 declined and 15 traded firm. Market volume amounted to 152,075,028 units valued at over $646,955,322.63. Key contributors to trading volume are Jamaican Teas Limited with 58,930,609 units (38.40%), followed by QWI Investments Limited with 46,188,708 units (30.09%) and TransJamaican Highway Limited with 9,268,035 units (6.04%).
Revisiting relevant news during the week:
CariCRIS reaffirms VM Financial Group’s investment-grade ratings
Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed VM Financial Group Limited’s (VMFG) investment-grade credit ratings, maintaining a stable outlook for the financial services group.
CariCRIS reaffirms VM Financial Group’s investment-grade ratings
WIGTON’S SOLAR SNAG
WIGTON Energy has taken its concerns about delays in finalising a power purchase agreement with Jamaica Public Service Company (JPS) to the energy minister, as unresolved terms hold up financing for more than 70 megawatts of planned solar generation.
WIGTON’S SOLAR SNAG
PBS deepens payments business with Firemane deal
PRODUCTIVE Business Solutions (PBS) Group is expanding its payment technology business through a new partnership with Firemane, a move that will allow the regional technology provider to offer banks and other financial institutions a wider range of payment processing solutions across Latin America and the Caribbean.
PBS deepens payments business with Firemane deal
Guardian starts restructuring group
GUARDIAN Holdings Limited (GHL) has begun reorganising ownership interests within its group after receiving initial regulatory clearance for a restructuring designed to separate its financial and non-financial businesses.
Guardian starts restructuring group
CAC recovery hinges on financing
CAC 2000 Limited is counting on a delayed refinancing deal to unlock more project work and improve its performance before its financial year closes, after cash constraints helped drive a 57 per cent fall in its nine-month revenue.
CAC recovery hinges on financing
Margaritaville Jamaica announces plans for public equity offering within 90 days
Margaritaville Jamaica, which includes Margaritaville Montego Bay, Margaritaville Negril, Margaritaville Ocho Rios and Marguerites Seafood by the Sea, on Tuesday announced its intention to raise equity through a proposed public offering within the next 90 days, working with Mayberry Investments and JMMB.
Margaritaville Jamaica announces plans for public equity offering within 90 days
| Unit Trust Fund | 22/10/2026 | 15/10/2026 | Week/Week Return | Year-to-Date Return | 1 Year Return | Yield |
|---|---|---|---|---|---|---|
| Capital Growth | 76.261 | 75.806 | 0.60% | -0.99% | 1.68% | - |
| Money Market | 18.937 | 18.918 | 0.10% | 3.56% | 5.01% | 4.36% |
| Income Portfolio | 100.00 | 100.00 | - | - | - | 4.59% |
| FX Bond Portfolio (US$) | 1.687 | 1.694 | -0.44% | 2.04% | 3.61% | 0.74% |
| Real Estate Portfolio | 21,334.825 | 21,369.948 | -0.16% | 14.50% | 12.95% | - |
| FX Growth Portfolio | 1.516 | 1.519 | -0.18% | 8.02% | 9.90% | - |
| FX Income Accumulator | 1.072 | 1.072 | 0.04% | 1.70% | 2.67% | 4.92% |
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