The JSE Main Market climbed 17.2 percent for the year to Friday last, fueled a great deal by a huge rise in the price of West Indies Petroleum shares. Big gains by Transjamaican Highway, up 130 percent, NCB Financial, jumping 97 percent and Carreras up 88 percent, were also big contributors.
Company results for Main Market listed companies continue to show encouraging outcomes for the year, auguring well for increased stock prices for the balance of the year, barring any negative developments in the economy that could derail the market.
The IC TOP 10 chart shows that the winners for the rest of the year should be coming from a different set of stocks. The list has some beaten-down stocks following disappointing results. IC Insider.com forecasts recovery in several cases, with some already showing improvements in results for the first two quarters of the year.
Berger Paints tops the list with potential gains of more than 600 percent, but this level may not be reached until after the full year results are released in 2027, as the bulk of profits come in the December quarter. JMMB Group posted positive 2026 first quarter profits that could encourage investors to buy the stock. It is clearly one to watch carefully.