JSE gearing up for a busy 2025

Managing Director of the Jamaica Stock Exchange, Dr Marlene Street-Forrest says investors can look forward to an exciting 2025, as more companies are expected to bring offers to the market. 

“We have been in a season of reviews… and we have a few applications in front of us. And a number of companies have already indicated that they’re planning on listing,” Dr Street Forrest said while speaking on Taking Stock with Kalilah Reynolds. 

She noted that there were 14 new entries in the market in 2024, mostly in the bond market, with two notable additions to the Junior Market: Omni Industries and RA Williams. 

“We’re pleased with the return to growth in 2024,” Dr. Street Forrest said.

The JSE’s combined market index rose by 3.22%, and the All Jamaican Composite Index climbed by 5.78%. The main market index also grew by 3%. While the financial index and some smaller markets experienced declines, the overall picture was one of improvement.

Dr Street Forrest said one of the standout achievements of 2024 was the launch of Jamaica’s first Green Bond Guide. This guide prepares the country for environmentally focused investments, a significant step for a small island nation grappling with environmental challenges. 

She said the company has a renewed sense of energy heading into the new year. With plans for more listings and an eye on sustainable investments, the stock exchange is positioned to support economic growth while adapting to changing market needs.