The Junior Market delivered minor gains in the first quarter of 2026, with the Market Index edging 0.21 percent higher, from 3,401.41 at the end of December, last year, to 3,408.64 at the close of March, 2026. While the index’s move appeared subdued, individual stock performance within the market was dynamic with the leading stock rising a solid 85 percent in a market pressured by disruption caused by Hurricane Melissa that played a major role in pressuring several stocks in the Junior Market.
A number of companies suffered from a loss in revenues during the final quarter of 2026, following the passage of the hurricane. Others faced continued revenue pressure from the critical tourist sector that recorded sharp decline in visitor arrivals in the first quarter of 2026 and probably for a longer period.
At close of the quarter, prices of 17 stocks rose and was overwhelmed with 29 declining.
Amongst the carnage that some companies suffered, Jetcon Corporation sparked with new cars helping to deliver the top spot for the Junior Market with solid 85 percent gain to lead by a wide margin for in closing the quarter at $2.78, following in a big surge in revenues and profits in 2025, with the expectation of improvement in profits in 2026, over that of 2025, with the fourth quarter of 2026 recording profit before tax of $33 million and pointing to the possibility of more growth in 2026. Well behind the leading stock, MFS Capital rose a respectable 31 percent, helped by an undervalued stock with the company pumping out above average profit from ongoing operations for the six months, with revenues climbing 40 percent over that for 2024 resulting in profit from continuing operations before tax, rising form $9 million $28 million. Future Energy Source gained 27 percent, with the company posting strong December results from increasing sales, with profit surging 176 percent in the quarter over the prior year and suggesting a big rise for the full year and even more for the fiscal year ending in March 2027. Atlantic Hardware finished fourth, with an 18 percent advance, following increased demand for the stock, following the passage of hurricane Melissa. That did not show up in the company’s results for the December quarter, although revenues climbed but operating profit was flat. Caribbean Assurance Brokers was the fifth best performing Junior Market stock with a rise of 16 percent, with the price was recovering from selling pressure in late 2025.
Underperformers stock or the quarter was In Junior Market was Kintyre Holdings, which fell 46 percent, having ran up to 70 cents at the end up 2026, faced heavy selling in the quarter, as buyers reduced the price they were prepared to buy the stock at. Iron Rock Insurance declined by 29 percent, with investors concerned about the impact the hurricane would have on underwriting margin as well as concerns on the investment portfolio performance with lower interest rates in the country. Paramount Trading dropped 19 percent, reflecting some profit taking after the stock ran up in 2025 based on improved half year results but much lower second quarter profits compared with the first quarter as sales suffered with the interruption caused by Hurricane Melissa. Main Event shed 16 percent, with Hurricane Melissa shattering an already pressured operation that was passing through a period of reduced revenues resulting in a small loss for 2025 coming out of a year of uncertain economic outturn leading up to the general elections in 2025.
The JSE Market Index rose 8.83 percent from 317,986.88 at the close of December 2025, to 346,079.71 at the end of March, this year, compared with a fall of 1.7 percent in 2025 for the same period.
On the losing side, Proven Investments (PRVN) declined 22 percent, weighed down by increased cost that resulted in a small loss in the December quarter and sharply reduced profit for the nine months versus the similar period in 2025. Mayberry Group (MBG) fell 21 percent, reflecting losses from the performance of its underlying equity holdings and a small loss on net interest income in 2025. Caribbean Producers Jamaica (CPJ) and Mayberry Jamaica Equities (MBJ) each declined 17 percent, with CPJ facing headwinds from mixed results for 2025 and reduction in visitor arrivals to the country that will affect sales and profit negatively in 2026, as the bulk of revenues come from that sector. Losses at MBJ ballooned sharply for 2025 due mainly to fall in market value of investments. Palace Amusement dropped 16 percent, with the company posting losses for the half year to December and continues to face challenges with returning to patronage at the pre COVID levels. Supreme Ventures (SVL) retreated 14 percent, as profits declined in 2025 and the gaming market faces increased competition, while concerns over gaming revenue sustainability also weighed on sentiment.
The market closed with an exchange of 246,904 shares for US$54,386, down from 2,443,294 stock units at US$123,451 on Wednesday.
The market closed with trading of 16,001,765 shares for $15,955,173, after rising from 9,681,842 units at $12,581,625 on Wednesday.
At the close of trading, the Junior Market Index rose by 17.02 points to 3,382.01. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
Indies Pharma advanced 5 cents in closing at $2.90 after a transfer of 39,550 stocks, Iron Rock Insurance dropped 5 cents to finish at $2.60 with traders dealing in 100 units. Knutsford Express shed 25 cents to end at $9.25 with 1,903 stock units crossing the market, Paramount Trading rose 12 cents to $1.17 in trading 1,100 shares, Regency Petroleum gained 9 cents and ended at $4.59 with 35,345 stock units clearing the market. Spur Tree Spices lost 8 cents to finish at $1 with investors swapping 79,370 shares and Stationery and Office Supplies rallied 20 cents to $1.85 with a transfer of 82,456 stocks.
The market closed with 18,875,786 shares and ending with a value of $172,618,714, in comparison with 19,892,430 stocks at $135,267,009 on Wednesday.
At the close, AS Bryden slipped $1.70 in closing at $27.60, after 3,657 shares passed through the market, Barita Investments sank 49 cents to $69.30 in an exchange of 1,015 stock units, Berger Paints dipped 68 cents to close at $5.02 with investors trading 8,296 stocks. Caribbean Cement fell $3.49 to end at $104.50 with an exchange of 31,195 shares, Eppley Caribbean Property Fund popped $2.70 and ended at $44.70, with 5,943 stock units changing hands, Guardian Holdings climbed $4.95 to finish at $329.95 with a transfer of 275 shares. Jamaica Producers increased $1.24 to $23.74 after an exchange of 9 units, Jamaica Stock Exchange dropped 69 cents to finish at $12.21 in trading 7,755 stocks, JMMB Group gained 60 cents and ended at $17.10 after a transfer of 13,776 stock units. Kingston Properties rose $1.30 to close at $13.80, with 6,014 shares crossing the exchange, Kingston Wharves shed $1.85 in closing at $35.50 with investors dealing in 18,689 stock units, Margaritaville declined 81 cents to end at $11.19 after an exchange of 4,951 stocks. Massy Holdings advanced 93 cents in closing at $72.43 after trading of 1,777 units, Mayberry Jamaican Equities rallied 42 cents to $7.10 in an exchange of 52 shares, NCB Financial lost $1.92 to finish at $43 with investors swapping 443,847 stock units.
Pan Jamaica skidded 75 cents and ended at $48.25, with 2,143 units crossing the market, Proven Investments popped 42 cents to close at $14.27 in switching ownership of 691 stocks, Seprod sank 75 cents to end at $81, with 502 shares clearing the market. Stanley Motta shed 46 cents in closing at $6.53 as investors exchanged 155 stocks, Supreme Ventures sank 48 cents to a 52 weeks closing low of $14.49 and closed with an exchange of 3,228,392 units and Wisynco Group advanced 50 cents and ended at $22 with investors trading 72,364 stock units.
At the close of the market, the JSE Combined Market Index sank by 1,426.12 points to 353,643.30, the All Jamaican Composite Index dropped 2,176.97 points to finish at 405,589.08, the JSE Main Index declined by 1,620.11 points to end at 344,467.04. The Junior Market Index rose 17.02 points to settle at 3,382.01 and the JSE USD Market Index increased by 7.17 points to conclude trading at 271.12.
In the preference segment, Jamaica Public Service 9.5% rallied $111 to close at $2,500, 138 Student Living preference share climbed by $30 to $234, Productive Business Solutions 10.5% climbed $4.30 in closing at $1,154 and Sygnus Credit Investments 10% increased $11 to end at $109.
The market ended following an exchange of 9,681,842 shares for $12,581,625, in sliding from 15,013,414 units at $20,901,682 on Tuesday.
At the close of trading, Access Financial climbed by 29 cents to $17.76 with investors trading 3,702 shares, AMG Packaging popped 17 cents to end at $2.18 with 7,772 stocks crossing the market, Blue Power declined by14 cents to $3.90 with a transfer of 286 shares. Cargo Handlers increased $1.94 to finish at $18.50 with investors swapping 5,013 stocks, Caribbean Cream rose by 5 cents to $1.80 with traders switching ownership of 799 units, Dolla Financial sank 11 cents to close at $2.49 with traders dealing in 785,810 stocks. Elite Diagnostic rose 14 cents to $1.51 as investors exchanged 2,100 units, Everything Fresh rallied 22 cents to close at $2.32 following trading of 1,000 shares, Future Energy gained 5 cents and ended at $3.76 with investors dealing in 440,650 stock units. GWest Corporation dropped 10 cents in closing at 80 cents with 160,060 shares crossing the exchange, Indies Pharma sank 10 cents to finish at $2.85 with investors trading 1,161,685 stock units, Iron Rock Insurance skidded 5 cents to end at $2.65 with 100 stocks clearing the market.
ISP Finance lost 15 cents to $12 after hitting a low for the day of $10, with an exchange of 6,385 stock units, Knutsford Express declined 45 cents to end at $9.50 with 1,367 shares crossing the market, Lasco Financial popped 8 cents in closing at $1.97 in trading 101,067 shares. Limners and Bards shed 8 cents and ended at 84 cents after an exchange of 234,994 stock units, Mailpac Group rallied 13 cents to close at $2.79 with 2,386 units changing hands, Main Event rose 5 cents to $6.49 after an exchange of 1,536 stocks. MFS Capital Partners climbed 5 cents and ended at 56 cents with 10,444 units passing through the market, Omni Industries dipped 5 cents to 94 cents with an exchange of 183,546 shares, Regency Petroleum slipped 8 cents in closing at $4.50, with investors swapping 10,999 stock units. Spur Tree Spices increased 5 cents to $1.08 in an exchange of 5,010 shares and Stationery and Office Supplies fell 10 cents to end at $1.65 after a transfer of a mere 1,771 stock units.
The market closed with an exchange of 2,443,294 shares with a value of US$123,451 up from 416,369 stock units at US$27,146 on Tuesday.