tTech now follows Caribbean Producer in a shift in ownership to a third party, when today 52 million or 49 percent of the listed shares of the company were traded on the exchange as the Main Market and Junior markets of the Jamaica Stock Exchange recovered loss grounds at the close on Thursday the JSE USD market declined after the market closed with a moderately higher volume and value of stocks changing hands compared with Wednesday, resulting in prices of 31 shares rising and 34 declining.
At the close of trading on Thursday, the JSE Combined Market Index rallied 1,303.95 points to 332,539.57, the All Jamaican Composite Index popped 1,003.17 points to 358,129.65 and the JSE Main Index climbed by 1,098.84 points to end the day at 319,573.41. The Junior Market Index rose 35.57 points to finish at 3,756.8 and the JSE USD Market Index skidded 6.88 points to end the day at 224.57.
At the close of trading, 66,615,941 shares were exchanged in all three markets, up from 27,362,023 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $168.55 million, below the $175.39 million on the previous trading day and the JSE USD market closed with an exchange of 222,252 shares for US$66,982 compared to 448,485 units at US$18,478 on Wednesday.
In Main Market activity, Sagicor Select Financial Fund led trading with 2.56 million shares followed by Caribbean Producers with 2.45 million units and Wigton Windfarm with 977,128 stocks.
In Junior Market trading, tTech led trading with 52.01 million shares followed by Jamaican Teas with 3.01 million stocks and iCreate with 553,176 units.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.5 on 2023-24 earnings and 13.9 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. 
Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
tTech grabs 89% of the Junior Market
Technology consultants, tTech dominated trading activity on the Junior Market of the Jamaica Stock Exchange on Thursday, accounting for 52 million shares in what is another acquisition of controlling interest in the company by Simply Secure Limited a company owned by Kevin Gordon and Rob Mayo-Smith, resulting in a 552 percent rise in the volume of stocks traded, with the value jumping 501 percent more than stocks traded on Wednesday.
Trading resulted in an exchange of 39 securities down from 40 on Wednesday and ended with prices of 15 rising, 20 declining and four closing unchanged and ended with the Junior Market Index popping 35.57 points to to end trading at 3,756.83, thus recovering 40 percent of yesterday’s loss of 87.25 points.
The market closed with trading of 58,236,687 shares for $126,195,317 compared with 8,929,651 units at $20,998,580 on Wednesday.
Trading averaged 1,493,248 shares at $3,235,777 compared with 223,241 units at $524,965 on Wednesday with the month to date, averaging 361,089 units at $653,959 compared to 198,758 stock units at $283,771 on the previous day and June with an average of 318,732 units at $696,979.
tTech led trading with 52.01 million shares for 89.3 percent of total volume followed by Jamaican Teas with 3.01 million stocks for 5.2 percent of the day’s trade and iCreate with 553,176 units for 0.9 percent market share.
The Junior Market ended trading with an average PE Ratio of 12.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close, Access Financial sank $1.55 in closing at $19.95 in an exchange of a mere 182 shares, Caribbean Assurance Brokers gained 25 cents to close at $3.75 with 587 stocks clearing the market, Derrimon Trading rose 23 cents to end at $2.09 and closed after an exchange of 200 shares. Express Catering advanced 20 cents and ended at $4.05 in switching ownership of 10,790 stock units, Fontana dipped 7 cents to close at $7.88 after a transfer of 28,765 shares, Future Energy popped 14 cents to finish at $3.39, with 23,921 stock units crossing the exchange.
Honey Bun fell 26 cents to $8.63 in trading 7,290 stocks, ISP Finance climbed $6.30 in closing at $27.30 after an exchange of just 2 units, Jamaican Teas dropped 25 cents to $2.15 in trading 3,010,199 stocks. Knutsford Express shed 10 cents and ended at $10.90, with 6,685 units changing hands, Mailpac Group declined 10 cents to end at $2.06 with traders dealing in 462,596 shares, Main Event lost 29 cents to close at $12.50 in an exchange of 10 stock units. MFS Capital Partners increased 12 cents to 98 cents after trading 50 shares, Omni Industries slipped 8 cents to close at $1.05 with a transfer of 109,639 stocks, Paramount Trading rallied 9 cents and ended at $1.08 with investors swapping 17,203 units. Regency Petroleum sank 21 cents to finish at $2.31 with 49,600 stock units crossing the market and tTech rose 25 cents to end at $2.30 with investors trading 52,014,452 shares, representing 49 percent of the issued shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for Junior Market
Stocks plunged the Junior Market of the Jamaica Stock Exchange sharply lower on Wednesday, with the Investor’s Choice bid-offer indicator pointed to at the close on Tuesday with only 1 stock having a higher bid than the last selling price and 7 with lower offers with trading in 40 securities up from 39 on Tuesday and ended with prices of 12 rising, 21 declining and seven unchanged, resulting in the Junior Market Index sinking 87.25 points to end at 3,721.26.
Investors traded 8,929,651 shares with a 141 percent increase in value to $20,998,580 compared with 8,664,446 units at $8,710,916 on Tuesday.
Trading averaged 223,241 shares at $524,965 compared with 222,165 stock units at $223,357 on Tuesday with the month to date, averaging 198,758 units at $283,771 compared to 194,536 stock units at $242,186 on the previous day and June with an average of 318,732 units at $696,979.
Future Energy led trading with 3.03 million shares for 33.9 percent of total volume followed by Omni Industries with 1.36 million units for 15.3 percent of the day’s trade and Indies Pharma with 972,611 units for 10.9 percent market share.
The Junior Market ended trading with an average PE Ratio of 12.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and six with lower offers.
At the close of the market, Derrimon Trading skidded 24 cents and ended at $1.86 with traders dealing in 198,318 shares, Dolla Financial lost 7 cents to end at $2.55 as investors exchanged 88,998 stocks, Dolphin Cove climbed 25 cents to close at $23.50, with 9,320 shares passing through the market. Elite Diagnostic dropped 31 cents in closing at $1.59 with investors swapping 46,819 stock units, Fosrich fell 10 cents to $2.18 in an exchange of 571,669 shares, Future Energy declined 15 cents to finish at $3.25 with stakeholders trading 3,028,915 stocks. Honey Bun rose 9 cents and ended at $8.89 after a transfer of 30,588 units, Indies Pharma sank 15 cents to $2.50, with 972,611 stock units changing hands, ISP Finance dropped $6.45 to close at $21 after 17,383 shares were traded. 
JFP Ltd gained 8 cents to end at $1.15, with 52,050 stock units crossing the market, Knutsford Express popped 25 cents in closing at $11 with investors transferring 819 units, Limners and Bards shed 44 cents to finish at $1.54 after an exchange of 106,028 stocks. Main Event advanced 30 cents to $12.79 after 2,852 shares passed through the market, MFS Capital Partners dipped 13 cents to close at 86 cents in switching ownership of 485,584 stock units, Paramount Trading sank 15 cents to finish at a 52 weeks’ low of 99 cents with an exchange of 1,382 stocks. Tropical Battery rallied 7 cents and ended at $2.19 in trading 163,533 units and tTech dipped 25 cents in closing at $2.05 after an exchange of 52 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market trading back to normal
Absent a big trade in shares on Wednesday similar to the Caribbean Producers block on Tuesday, the Jamaica Stock Exchange Main Market ended, with a 96 percent plunge in volume with a 97 percent fall in the value of stocks traded compared with Tuesday, following trading in 57 securities up from with 55 on Tuesday and ended with prices of 16 stocks rising, 25 declining and 16 ending unchanged.
At the close of the market Caribbean Producers traded at an intraday 52 weeks’ high of $13.89 before closing at $11.10, Key Insurance ended at a 52 weeks’ closing low of $1.65 and Innovative Energy closed at a 52 weeks’ low of 82 cents.
The market closed on Wednesday with 17,985,127 shares being traded at $154,395,179 from 496,133,361 units at $5,190,393,912 on Tuesday.
Trading averaged 315,529 shares at $2,708,687 versus 9,020,607 stock units at $94,370,798 on Tuesday, with a month to date average of 1,439,408 units at $14,440,476 compared to 1,637,128 units at $16,504,401 on the previous day and June that closed with an average of 246,425 units at $1,945,941.
Transjamaican Highway led trading with 5.49 million shares for 30.5 percent of total volume followed by Wigton Windfarm with 4.45 million stocks for 24.7 percent of the day’s trade. Innovative Energy Group closed with 1.93 million units for 10.7 percent market share, Caribbean Producers was next with 1.24 million shares for 6.9 percent of trading, Carreras contributed 1.21 million stock units for 6.7 percent of shares traded and GraceKennedy ended with 1.06 million units for 5.9 percent of the overall volume.
The All Jamaican Composite Index skidded 225.66 points to wrap up trading at 357,126.48, the JSE Main Index rose 203.31 points to close at 318,474.57 and the JSE Financial Index popped 0.09 points to 66.97.
The Main Market ended trading with an average PE Ratio of 13.9. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close of the market, AS Bryden sank $1.73 to end at $36.02 with a transfer of 1,752 stock units, Barita Investments shed $1.40 to $73.60 with investors swapping 11,441 shares, Eppley declined $1 to close at $35.50, with 104,119 units crossing the market. GraceKennedy popped 95 cents in closing at $73.95 after a transfer of 1,057,842 stocks, Guardian Holdings advanced $13.99 to finish at $359.99 in switching ownership of just 4 shares, Jamaica Broilers lost 63 cents and ended at $33.30 and closed with an exchange of 58,086 stocks. 
Jamaica Stock Exchange rose 74 cents to $11.09 in trading 22,062 units, Key Insurance dropped 40 cents in closing at a 52 weeks’ low of $1.65 after an exchange of 183,343 stock units, Lasco Manufacturing fell 40 cents to finish at $6 with investors trading 312,481 shares. Mayberry Group skidded 40 cents and ended at $8.10 in an exchange of 6,500 stocks, MPC Caribbean Clean Energy slipped $2 to end at $88 with a mere 4 units crossing the market, Pan Jamaica dipped $2.01 to close at $47.49 with an exchange of 1,523 stock units. Proven Investments fell 50 cents to $19 with 60,245 shares clearing the market, Seprod shed $1.67 and ended at $80 in an exchange of 8,728 units and Supreme Ventures gained $1.48 in closing at $24 with investors dealing in 6,872 stocks.
In the preference segment, JMMB Group 7% preference share declined 52 cents to end at $2.72, with 10,954 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Markets’ trades drop back on Wednesday
Trading fell back to more recent normal levels on the Jamaica Stock Exchange declined on Wednesday following the big 45 percent acquisition of Caribbean Producers’ shareholding on Tuesday resulting in all markets closing lower as the volume and the value of stocks traded, pulled back sharply ended with prices of just 26 shares rising and 44 declining.
At the close of trading, the JSE Combined Market Index shed 423.64 points to close at 331,235.62, the All Jamaican Composite Index skidded 225.66 points to wrap up trading at 357,126.48, the JSE Main Index rose 203.31 points to lock up trading at 318,474.57. The Junior Market Index sank 87.25 points to wrap-up trading at 3,721.26 and the JSE USD Market Index fell 7.18 points to conclude trading at 231.45.
At the close of trading, 27,362,023 shares were exchanged in all three markets, up from the Caribbean Producers boosted 505,129,200 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $175.39 million, well below the $5.2 billion on the previous trading day and the JSE USD market closed with an exchange of 448,485 shares for US$18,478 compared to 331,393 units at US$15,388 on Tuesday.
In Main Market activity, Transjamaican Highway led trading with 5.49 million shares followed by Wigton Windfarm with 4.45 million stocks, Innovative Energy Group Ltd ended with 1.93 million units, Caribbean Producers had trading of 1.24 million units, Carreras closed with 1.21 million shares and GraceKennedy with 1.06 million units.
In Junior Market trading, Future Energy led trading with 3.03 million shares followed by Omni Industries with 1.36 million units and Indies Pharma with 972,611 stocks.
In the preference segment, no stock was traded with a notable price change.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.1 on 2023-24 earnings and 13.7 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. 
Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
CPJ pushes Jamaica Stock Exchange trading
The Main Market listed Caribbean Producers dominated trading of the Jamaica Stock Exchange with 492.77 million shares valued at $5.17 billion with AS Bryan announcing an acquisition of 44.8 percent of the company, with the intention in the future to acquire majority control. Tuesday’s acquisition makes them the largest shareholders of the company and helped to push the Main market slightly lower at the close on Tuesday as the Junior Market JSE USD market closed moderately higher as trading ended with the number and value of stocks changing hands jumping sharply over the previous trading day, resulting in prices of 29 shares rising and 30 declining.
At the close of trading, the JSE Combined Market Index slipped 98.55 points to close at 331,659.26, the All Jamaican Composite Index popped 58.72 points to end at 357,352.14, the JSE Main Index declined 315.16 points to 318,271.26. The Junior Market Index rallied 28.67 points to 3,808.51 and the JSE USD Market Index rose 0.15 points to 238.63.
At the close of trading, 505,129,200 shares were exchanged in all three markets, up from 7,306,298 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $5.2 billion, well over the $38.49 million on the previous trading day and the JSE USD market closed with an exchange of 331,393 shares for US$15,388 compared to 250,977 units at US$20,236 on Monday.
In Main Market activity, Caribbean Producers led trading with 492.77 million shares followed by Transjamaican Highway with 1.49 million stocks sand Wigton Windfarm with 798,214 units.
In Junior Market trading, EduFocal led trading with 5.21 million shares followed by Derrimon Trading with 741,995 stocks and the recently listed Omni Industries with 512,520 units.
In the preference segment, Sygnus Credit Investments C10.5% rose $2 to close at $110.
The market’s PE ratio, the most popular measure used to value stocks, ended at 21.1 on 2023-24 earnings and 14.1 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. 
Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
Trading climbs on Junior Market
Trading activity picked up on the Junior Market of the Jamaica Stock Exchange on Tuesday, with a 263 percent rise in the volume of stocks traded, valued 55 percent more than the outturn on Monday, with trading in 39 securities similar to Monday and ending with prices of 15 rising, 13 declining and 11 closing unchanged.
Trading concluded with 8,664,446 shares changing hands for $8,710,916 up from 2,388,003 units at $5,605,364 on Monday.
Trading averaged 222,165 shares at $223,357 up from 61,231 units at $143,727 on Monday with the month to date, averaging 194,536 units at $242,186 compared to 188,953 stock units at $245,991 on the previous day and June with an average of 318,732 units at $696,979.
EduFocal led trading with 5.21 million shares for 60.2 percent of total volume followed by Derrimon Trading with 741,995 stocks for 8.6 percent of the day’s trade and Omni Industries with 512,520 units for 5.9 percent market share.
At the close of trading, the Junior Market Index popped 28.67 points to close at 3,808.51.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator is flashing negative readings for Wednesday, with just one stock ending with a bid higher than the last selling price and seven with lower offers.
At the close, Access Financial fell 50 cents in closing at $21.50 after investors traded 1,156 shares, Cargo Handlers gained $1.70 to end at $12.95 after a transfer of 500 stock units, Caribbean Assurance Brokers lost 25 cents to end at $3.50 with 5,088 shares crossing the exchange. Consolidated Bakeries rose 32 cents to finish at $2.30 in trading 52,500 stock units, Dolla Financial popped 9 cents and ended at $2.62 after an exchange of 171,657 shares, Dolphin Cove slipped 15 cents to close at $23.25 with investors transferring 8,743 stocks. Elite Diagnostic increased 35 cents to $1.90 in an exchange of 94,091 units, Fontana sank 10 cents in closing at $7.90 with traders dealing in 45,350 stock units, Future Energy shed 10 cents to finish at $3.40 in switching ownership of 89,348 shares. 
Honey Bun declined 10 cents and ended at $8.80 with investors dealing in 870 stock units, Indies Pharma dropped 15 cents to end at $2.65 with a transfer of 21,772 units, Knutsford Express skidded 51 cents to close at $10.75 with investors swapping 501 stocks. Lasco Financial popped 14 cents to close at $1.85, with 1,318 shares changing hands, Limners and Bards rose 44 cents in closing at $1.98 after 208,547 stock units passed through the market, Main Event rallied $1.37 and ended at $12.49 after closing with an exchange of 10,648 units and tTech dipped 9 cents to close at $2.30 with 310 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Carib Producers ownership switch
AS Bryden acquired a 44.5 percent holding in Caribbean Producers with the trade put through on the Jamaica Stock Exchange Main Market on Tuesday and swelling the volume traded on the market to 496,133,361 shares totalling $5,190,393,912 compared with just 4,667,318 units at $32,767,188 on Monday.
The market closed with trading in 55 securities compared to 54 on Monday, with prices of 17 rising, 18 declining and 20 ending unchanged.
Trading averaged 9,020,607 shares at $94,370,798 compared to 86,432 units at $606,800 on Monday and month to date, trading averaged 1,637,128 units at $16,504,401 compared to 127,495 units at $583,763 on the previous day and June that closed with an average of 246,425 units at $1,945,941.
Caribbean Producers led trading with 492.77 million shares valued at $5.2 billion for 99.3 percent of total volume followed by Transjamaican Highway with 1.49 million stocks for 0.3 percent of the day’s trade and Wigton Windfarm with 798,214 units for 0.2 percent market share.
The All Jamaican Composite Index increased 58.72 points to finish at 357,352.14, the JSE Main Index lost 315.16 points to wrap up trading at 318,271.26 and the JSE Financial Index slipped 0.18 points to conclude trading at 66.88.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of trading, Caribbean Cement dropped 89 cents to $64, with 10,325 shares being traded, Caribbean Producers gained 53 cents to end at $10.73 after 492,769,160 stock units or nearly half of the issued shares changed owners, Eppley popped 40 cents to close at $36.50 after an exchange of 5,537 stocks. Eppley Caribbean Property Fund shed $2.94 to close at $37.06, with 1,070 units changing hands, General Accident sank 40 cents and ended at $6.30 with 404 stocks being traded, GraceKennedy dropped $1 to finish at $73 with traders dealing in 9,903 units. Guardian Holdings fell $13.99 to $346 in switching ownership of 34 shares, Jamaica Broilers lost $1.57 to end at $33.93 after an exchange of 11,270 stock units, JMMB Group increased 90 cents in closing at $24, with 11,959 shares crossing the market. 
Massy Holdings skidded $2 and ended at $86 in swapping 415 stock units, Proven Investments shed 50 cents to close at $19.50 with investors trading 12,383 units, Scotia Group slipped $1.65 to finish at $43.85 after 4,188 stocks changed hands. Seprod lost $5.32 to $81.67 with investors dealing in 880 units, Supreme Ventures dropped 49 cents to end at $22.52 after 32,200 stocks crossed the exchange and Sygnus Real Estate Finance climbed $1.15 in closing at $10.65 with investors trading 26 shares.
In the preference segment, Jamaica Public Service 7% fell 45 cents and ended at $47.43 with 21 stock units clearing the market and Sygnus Credit Investments C10.5% rose $2 to close at $110 with an exchange of 34 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Beryl ruffled no ICTOP10 feathers
Hurricane Beryl while not flattening the Jamaica stock market sucked much life out during the week, with volumes and values falling sharply as the markets held up well following the end of month activity in the prior week, with the Main Market being flat and sight slippage for the Junior Market.
The Junior Market ICTOP10 closed with two stocks rising and two declining with notable losses. The Main Market has three stocks with notable gains and two losses of size.
The Junior Market ICTOP10, Caribbean Assurance mark and closed the week up 16 percent to close at $3.85, tTech climbed 14 percent to $2.39. Caribbean Cream continues to suffer from a lack of good corporate governance by not providing investors with up-to-date information on its performance in the absence of full year and interim results, accordingly, the stocks keep on meandering between a low of $3 and $4 range, dropping 13 percent to $3.31 followed by One great Studio, down 7 percent to 83 cents.
Margaritaville the best performer in the Main Market TOP10 climbed 14 percent to $15.45, Berger Paints was up 5 percent in closing at $8.98 and Guardian Holdings popped 4 percent to close at $359.99. Declining stocks are General Accident dipping 9 percent to $6.30 and JMMB Group falling 4 percent to $24.
Iron Rock Insurance drops out of the TOP10 with trading in the stock suspended and is replaced by Dolla Financial that fell back in price during the week following the big month end run up last week.
The average PE for the JSE Main Market ICTOP 10 stands at 5.1, well below the market average of 13.9 and the Junior Market TOP10 sits at 6.7, just over half of the market, with an average of 12.9.
The Main Market ICTOP10 is projected to gain an average of 299 percent by May 2025, based on 2024 forecasted earnings and providing better values than the Junior Market with the potential to achieve 212 percent over the same period.
In the Main Market ICTOP 10, a total of 17 of the most highly valued stocks representing 33 percent of the Main Market are priced at a PE of 15 to 102, with an average of 29 and 19 excluding the highest PE ratios, and a PE of 23 for the top half and 16 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 16 stocks, or 34 percent of the market, with PEs ranging from 15 to 51, averaging 20, well above the market’s average. The average PE for the top half of the market is 18, possibly the lowest fair value measure for stocks currently.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns on or around May 2025 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, resulting 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.
Slow post-Beryl trading recovery
The volume of stocks traded on the Jamaica Stock Exchange declined on Monday but with a higher value compared with Friday as trading on the Junior Market dropped but rose in the Main market resulting in moderate slippage in both markets. JSE USD market closed moderately higher as trading picked up from Friday, with trading in the overall market resulting in prices of 29 stocks rising and 32 declining.
At the close of trading on Monday, the JSE Combined Market Index rose 754.50 points to 331,757.81, the All Jamaican Composite Index dipped 103.99 points to close at 357,293.42, the JSE Main Index fell 670.12 points to end trading at 318,586.42. The Junior Market Index fell 15.95 points to 3,779.84 and the JSE USD Market Index rallied 3.93 points to end the day at 238.48.
At the close of trading, 7,306,298 shares were exchanged in all three markets, down from 15,522,492 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $38.49 million, worth more than the mere $27.85 million on the previous trading day and the JSE USD market closed with an exchange of 250,977 shares for US$20,236 compared to 52,744 units at US$1,293 on Friday.
In Main Market activity, Transjamaican Highway led trading with 2.51 million shares followed by Sagicor Select Manufacturing & Distribution Fund with 500,799 units and Wigton Windfarm after an exchange of 316,910 stocks.
In Junior Market trading, iCreate led trading with 302,647 shares followed by One Great Studio with an exchange of 293,060 units and Regency Petroleum with 266,994 stocks.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.4 on 2023-24 earnings and 13.9 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. 
Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.