Medical Disposables back in TOP 5
Jetcon Corporation closing at $4.51, was squeezed out by Medical Disposables while General Accident enjoyed strong buying during the past two weeks and rose to $2.65 and moved well out of the Top 5.
Medical Disposables still has more room for growth with the company expanding its product range but supply of the stock has dried up. Derrimon Trading closed the week at $3.65, moving it to third spot. Knocking at the Top 5 position in the junior market are Jetcon, tTech and Caribbean Cream trading just below.
Top 5 stocks in the main market underwent changes with JMMB Group that entered the list for the week ended September 9, gained 50 percent since, to move off the list and replaced by Grace Kennedy, entering at number 4. Radio Jamaica that was top of the list last week rose to $1.70 and sits at number 5 at the close on Friday.
Stocks peeping in at the Top 5 in the main market are National Commercial Bank, Mayberry Investments and Sterling Investments.
With the junior market trading at new records this past week, the attractive gains that were evident a few weeks ago are receding in the junior market with IC Insider’s data showing just 7 junior market stocks that could double by early 2017. That is in contrast to the main market that shows 18 stocks that could double or more than double.
