138 Student Living and Consolidated Bakeries jumped 41 and 34 percent respectively, from $5.14 to $7.25 and from $1.49 to $1.99 and fell out ICTOP10 this week at a time CAC2000 jumped 36 percent to $8.25 as the price recovered from a 21 percent fall to $6.05 last week.
The moves follow funds previously tied up in the One on One IPO coming back to the market.
Other meaningful ICTOP10 movers this past week, are Iron Rock Insurance and Lasco Manufacturing jumping 11 percent to $3 and $4.55 respectively and Caribbean Cream rising 10 percent to $4.25, while Caribbean Assurance Brokers slipped 8 percent $2.50.
The Main Market ended the week with Productive Business Solutions rising 15 percent to US$1.32, Berger Paints rising 12 percent to $11.45 and Sterling Investment put on 5 percent to $2.90, while VM Investments dipped 4 percent to $5.30.
In the Junior Market ICTOP10 General Accident and Lasco Financial replaced Consolidated Bakeries and Lasco Manufacturing. There was one change in the Main Market with Radio Jamaica replacing 138 Student Living.
The average PE for the JSE Main Market TOP 10 is 6.2, well below the market average of 14, while the Junior Market Top 10 PE sits at six versus the market at 12.8. The Junior Market is projected to rise by 240 percent and the Main Market TOP10 is projected to gain an average of 233 percent each by May 2023.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. 
ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
