JSE Main Market falters to start month


Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded declining 31 percent and the value 47 percent lower than on Wednesday, following trading in 55 securities compared with 60 on Wednesday, with prices of 13 rising, 28 declining and 14 ending unchanged.

The market closed with 14,473,698 shares trading worth $72,415,760, down from 20,922,408 stock units at $136,737,004 on Wednesday.
Trading averaged 263,158 shares at $1,316,650 compared to 348,707 stocks with a value of $2,278,950 on Wednesday, compared to April with an average of 1,417,136 stock units at $6,010,754.
Transjamaican Highway led trading with 10.51 million shares for 72.6 percent of the total volume, followed by Radio Jamaica, with 1.19 million units for 8.2 percent of the day’s trade and Wigton Energy with 625,781 stocks for 4.3 percent of the volume traded.
The All Jamaican Composite Index skidded 5,041.82 points to 372,957.21, the JSE Main Index dived 3,392.92 points to finish at 324,860.99 and the JSE Financial Index sank 1.09 points to conclude trading at 68.71. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, AS Bryden increased $1.71 and ended at $30.46 with 17,302 shares crossing the market, Caribbean Cement fell $3.03 to $82.97 in an exchange of 2,471 stock units, Eppley Caribbean Property Fund popped 62 cents in closing at $39.45 with 8 shares changing hands. General Accident rallied 58 cents to end at $5.38 and closed with an exchange of 3,611 stocks, Guardian Holdings shed $4.99 in closing at $345, with investors trading 39 units, Jamaica Broilers sank $1 to finish at $28 after 39,712 shares passed through the market. Jamaica Producers slipped $2.40 to $22.50 with investors dealing in 33,001 units, JMMB Group sank 78 cents and ended at $21.87 with 5,836 stocks crossing the exchange, Kingston Wharves skidded 73 cents to finish at $27.75 with investors trading 31,919 stock units. Mayberry Group rose 55 cents to end at $7.25 after a transfer of 9,686 shares, NCB Financial lost $4.43 in closing at $45.02 following trading of 106,507 units, Pan Jamaica declined $1.35 to close at $54.90 as investors exchanged 131 stocks. Proven Investments dropped 45 cents to $18 with a transfer of 210,884 stock units, Sagicor Group fell $1.60 to $43.90 with 4,232 shares clearing the market, Scotia Group lost $1.19 to finish at $53 with traders dealing in 51,375 stocks and Wisynco Group gained 41 cents to close at $20.99 in switching ownership of 18,520 units.
In the preference segment, Jamaica Public Service 7% advanced $7.99 in closing at $44.50 after an exchange of 98 stock units and 138 Student Living preference share dropped $22.84 to end at $241.71 in trading 5 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Markets retreat from month end close


Stock prices pulled back across the board, as is the case at the start of a new month following the usual end-of-month window dressing. At the end of trading on the Jamaica Stock Exchange on Thursday, prices of 28 shares rose, 51 declined and 25 remained firm following a fall in the volume and value of stocks exchanged compared with Wednesday, resulting in indices of all three markets of the exchange declining.

At the end of trading the, the JSE Combined Market Index shed 3,555.91 points to wrap up trading at 335,534.35, the All Jamaican Composite Index dived 5,041.82 points to 372,957.21 while the JSE Main Index dropped by 3,392.92 points to end at 324,860.99, the Junior Market Index shed 43.13 points to 3,474.71 and the JSE USD Market Index fell 4.71 points to end at 221.45.
At the close of trading, 19,854,556 shares were exchanged in all three markets, down sharply from 50,435,322 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to $78.81 million, down appreciably from $183.95 million on the previous day and the JSE USD market closed with an exchange of 645,488 shares for US$23,415, well below the 6,757,426 units at US$185,982 on Wednesday.
In Main Market activity, Transjamaican Highway led with 10.51 million shares followed by Radio Jamaica with 1.19 million stocks and Wigton Energy with 625,781 units.
In Junior Market trading, Kintyre Holdings led with 1.54 million shares followed by Jamaican Teas with 524,003 stocks and MFS Capital Partners with 467,831 units.
In the preference segment, Jamaica Public Service 7% popped $7.99 in closing at $45 and 138 Student Living preference share dipped $22.84 to $242.
The market’s PE ratio, the most frequently used measure in valuing stocks, ended at 12.7 based on 2024-25 earnings and 19.2 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange grouped by each industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid 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.

Main Market posts more gains


Trading jumped appreciably on the Jamaica Stock Exchange Main Market on Wednesday, with the volume exchanged rising 49 percent and the value 43 percent more than on Tuesday, following trading in 60 securities compared with 62 on Tuesday, with prices of 31 rising, 13 declining and 16 ending unchanged, with Guardian Holdings trading at an intraday 52 weeks’ high of $390 and Wigton Energy grabbed 51 percent of the day’s trade as the market put on its usual month end dressing.

The market closed with 20,922,408 shares trading for $136,737,004 up from, 13,995,385 stock units at $95,941,290 on Tuesday.
Trading averaged 348,707 shares at $2,278,950, up from 225,732 stocks at $1,547,440 on Tuesday and month to date, an average of 1,417,136 units at $6,010,754 compared with 1,474,889 shares at $6,212,474 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Wigton Energy led trading with 10.74 million shares for 51.3 percent of total volume followed by Transjamaican Highway, with 4.89 million units for 23.4 percent of the day’s trade and Sagicor Select Financial Fund with 802,486 stocks for 3.8 percent of the volume traded.
The All Jamaican Composite Index jumped 3,626.12 points to conclude trading at 377,999.03, the JSE Main Index rallied 3,285.19 points to 328,253.91 and the JSE Financial Index popped 0.64 points to 69.80.
At the close, the Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Caribbean Cement rose $3 and ended at $86 after 43,715 shares passed through the market, Eppley Carib Property Fund skidded 62 cents to $38.83 with investors dealing in 1,000 stock units, GraceKennedy lost 35 cents in closing at $71.65, with 15,108 shares crossing the market. Guardian Holdings climbed $5.99 to finish at $349.99 after hitting a 52 weeks’ intraday high of $390, with investors trading 31,393 stocks, Jamaica Broilers popped $1 to end at $29 with 126,780 units crossing the market, Kingston Wharves increased 78 cents to close at $28.48 in trading 166,054 stocks. Margaritaville declined 55 cents to $15 and closed with just 4 shares changing hands, Massy Holdings rallied $1.10 to end at $79.50 after a transfer of 232 stock units, Mayberry Group advanced 35 cents in closing at $6.70 with 2,229 units crossing the exchange. Mayberry Jamaican Equities gained 78 cents and ended at $9.78 with 8,120 stocks changing hands, NCB Financial popped $3.45 to finish at $49.45 with an exchange of 281,429 units, Pan Jamaica fell 70 cents to close at $56.25 after investors ended trading 87,584 shares. Sagicor Group gained $1.60 to $45.50 after an exchange of 141,323 stock units, Sagicor Real Estate Fund rose 40 cents and ended at $8.60 with a transfer of 3,541 shares, Seprod sank $1.55 to close at $84.95 as investors exchanged 100,022 units. Sygnus Real Estate Finance advanced $1.20 to end at $9.34 in switching ownership of 12 stocks and Wisynco Group dropped 42 cents in closing at $20.58 with traders dealing in 24,744 stock units.

In the preference segment, Jamaica Public Service 7% sank $4.49 to finish at $36.51, with an exchange of 100 shares. 138 Student Living preference share increased $44.28 and ended at $264.55 with investors swapping 4,816 stocks and Productive Business Solutions 10.5% preference share climbed $10.99 to $1,044.99 after an exchange of 8 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big bounce in Jamaica Stock Exchange


Trading closed Wednesday and for April on the Jamaica Stock Exchange with a rise in all three JSE markets, with volume and value of stocks exchanged, jumping over Tuesday’s turnout, with Wigton Energy accounting for 23 percent of the day’s volume, with the prices of 56 shares rising, 24 declining and 33 remaining firm.

The JSE Combined Market Index rallied 3,497.44 points to close trading at 339,090.26, the All Jamaican Composite Index jumped 3,626.12 points to end trading at 377,999.03, the JSE Main Index climbed 3,285.19 points to wrap up trading at 328,253.91, making it the sixth out of seven days of gains since last week. The Junior Market Index popped 48.98 points to end at 3,517.84 and the JSE USD Market Index jumped 15.96 points to end at 226.16.
At the close of trading, 46,528,722 shares were exchanged in all three markets, up from 29,223,151 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $183.95 million, well over the $125.34 million on the previous day and the JSE USD market closed with an exchange of 2,850,826 shares for US$90,661, solidly above the 218,515 units at US$14,425 on Tuesday.
In Main Market activity, Wigton Energy led with 10.74 million shares, followed by Transjamaican Highway with 4.89 million stocks and Sagicor Select Financial Fund with 802,486 units.
In Junior Market trading, Stationery and Office Supplies led with 4.50 million shares followed by ONE on ONE Educational with 3.88 million stocks and Jamaican Teas with 2.75 million units.
In the preference segment, Jamaica Public Service 7% dropped $4.49 to finish at $37, 138 Student Living preference share climbed $44.28 and ended at $265 and Productive Business Solutions 10.5% preference share rose $10.99 to $1,045.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.8 based on 2024-25- earnings and 19.6 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide regularly updated data to help decision-making. The PE ratio chart covers all the ordinary shares that are listed on the Jamaica Stock Exchange, and grouped by industry, which allows for an easy comparison within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 incorporated into the chart. Investors can use this measure to assess stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid 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.

Gains continue on JSE Main Market


Trading ended with stocks rising with robust gains for 5 days out of the last 6 on the Jamaica Stock Exchange Main Market on Tuesday, with the All Jamaican Composite Index rallying 3,060.36 points to close at 374,372.91, the JSE Main Index climbed 3,797.76 points to 324,968.72 and the JSE Financial Index climbed 1.37 points to wrap up trading at 69.16. Traded volume rose marginally, but the value dropped 19 percent from that on Monday, with trading in 62 securities up from 60, with the prices of 26 rising, 16 declining and 20 ending unchanged.

The market closed with 13,995,385 shares trading worth $95,941,290 compared with 13,175,750 stock units at $118,093,716 on Monday.
Trading averaged 225,732 shares at $1,547,440 compared to 219,596 stocks at $1,968,229 on Monday and month to date, an average of 1,474,889 units at $6,212,474, well aligned with the 1,548,789 shares at $6,488,458 on the previous day and compared to March that ended with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 4.99 million shares for 35.7 percent of the total volume, followed by Radio Jamaica with 3.31 million units for 23.6 percent of the day’s trade and Wigton Energy with 675,438 stocks for 4.8 percent of the volume traded.
At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Berger Paints shed 73 cents to end at $7.12 with 2,771 shares changing hands, Caribbean Cement advanced $1 to close at $83 with investors trading 26,476 units, Carreras rose 59 cents and ended at $15.49 with 345,009 stocks clearing the market. Eppley Caribbean Property Fund gained $4.45 in closing at $39.45 with investors dealing in 6,734 shares, First Rock Real Estate popped 58 cents to finish at $9.60 in switching ownership of 96,732 stock units, Guardian Holdings declined $6 to end at $344 following the trading of 110 shares. Kingston Properties rallied 79 cents to $9.50 as 131,207 stocks passed through the market, Mayberry Group sank $1.05 to finish at $6.35 after a transfer of 85,622 units, NCB Financial dropped $3 and ended at $46 with 203,827 stock units crossing the market. Scotia Group increased 90 cents to end at $53.90 after an exchange of 5,424 shares, Seprod climbed $2.95 in closing at $86.50 with 64,462 stocks crossing the market, Sygnus Real Estate Finance fell $1.21 to close at $8.14 with investors swapping 1,381 stock units and Wisynco Group rose 41 cents to $21 with 114,740 stock units crossing the exchange.
In the preference segment, Jamaica Public Service 7% advanced $4 to end at $41 with traders dealing in 49 shares, 138 Student Living preference share lost $9.73 in closing at $220.27 as investors exchanged 36 units, Sygnus Credit Investments 10% popped 90 cents to finish at $100.90 in trading just two stocks and Sygnus Credit Investments C10.5% rallied $1.50 and ended at $101.50 after an exchange of 2,027 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

2nd day of Main & Junior Market gains


All three markets of the Jamaica Stock Exchange rose on Tuesday, but the Main Market climbed quite sharply, resulting in the prices of 51 shares rising, 32 declining and 34 remaining firm. Trading resulted in a jump in the volume of stocks traded, but with a lower value than on Monday.

At the close of the market, the Main Market indices closed with a second day of B gains, with the Combined Market Index jumping 3,788.19 points to 335,592.82, the All Jamaican Composite Index rallying 3,060.36 points to end at 374,372.91 and the JSE Main Index climbed 3,797.76 points to 324,968.72.  At the same time, the Junior Market Index increased 22.80 points to finish at 3,468.86 and the JSE USD Market Index rose 0.33 points to conclude trading at 210.20. At the close of trading, 29,223,151 shares were exchanged in all three markets, up from 25,240,870 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $125.34 million, down from $136.9 million on the previous day and the JSE USD market closed with an exchange of just 218,515 shares for US$14,425 compared to 1,023,379 units at US$89,468 on Monday.
In Main Market activity, Transjamaican Highway led with 4.99 million shares, followed by Radio Jamaica with 3.31 million shares and Wigton Energy with 675,438 units.
In Junior Market trading, ONE on ONE Educational led with 4.69 million shares, followed by Mailpac Group with 3.56 million stocks and Jamaican Teas with 1.86 million units.
In the preferred segment, Jamaica Public Service 7% rallied $4 to finish at $41, 138 Student Living preference share sank $9.73 and ended at $220 and Sygnus Credit Investments C10.5% rose $1.50 to $102. The market’s PE ratio, the most popular measure used to value stocks, ended at 12.5 based on 2024-25 earnings and 19.3 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense. Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 incorporated into the chart. Investors can use this measure to assess stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid 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.As the same 

Guardian Holdings surged $42


Guardian Holdings surged $42 in trading on the Jamaica Stock Exchange Main Market on Monday, with investors clearing the market of all stocks on offer, following the ICInsider TOP10 report on Sunday, indicating that the supply of the stock on offer had declined sharply. At the close of the market, similar to Friday, there was an exchange of 60 securities, with prices of 24 rising, 20 declining and 16 ending unchanged and ended with a solid upward swing in the market indices.
The market closed with 113 percent increase in volume to 13,175,750 shares trading for $118,093,716, up from 6,188,249 stocks at $55,370,983 on Friday. Trading averaged 219,596 shares at $1,968,229, up from 103,137 shares at $922,850 on Friday and month to date, an average of 1,548,789 units at $6,488,458, just below the 1,629,509 shares at $6,762,966 on the previous day and March with an average of 896,190 stock units at $20,804,277. Wigton Energy led trading with 6.08 million shares for 46.2 percent of total volume, followed by Transjamaican Highway with 2.65 million units for 20.1 percent of the day’s trade and JMMB Group 7.35% – 2028 with 655,653 shares for 5 percent of the volume traded. The All Jamaican Composite Index surged 8,077.93 points to finish at 371,312.55, the JSE Main Index jumped 5,411.95 points to end at 321,170.96 and the JSE Financial Index rose 2.16 points to conclude trading at 67.79. At the close, the Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and seven with lower offers. The Main Market ended trading with an average PE Ratio of 13.3. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025. At the close, Caribbean Cement skidded $1.80 to end at $82 with a transfer of only 792 shares, Eppley Caribbean Property Fund sank $3.18 to $35 as investors exchanged 642 units, General Accident dipped 59 cents to finish at $4.80 after a transfer of 16,753 stocks. Guardian Holdings jumped $42 and ended at $350 in trading 56,215 shares, Jamaica Broilers gained $2.10 in closing at $28, with 234,241 stock units changing hands, Jamaica Producers popped 95 cents to close at $24.90 with an exchange of 116 shares. Jamaica Stock Exchange increased 48 cents to $12.68 with 32,865 units crossing the market, JMMB Group climbed $3.48 to finish at $22.50 with traders dealing in 602,528 stocks, Kingston Wharves sank 58 cents and ended at $27.84 in an exchange of 160 stock units. Margaritaville advanced $1.21 to $15.55 with investors dealing in 66 shares, Massy Holdings dropped $1.09 to close at $78.40 after an exchange of 10,333 stock units, Mayberry Jamaican Equities shed 78 cents to end at $9 with investors trading 2,579 stocks. NCB Financial rallied $3 to $49 with 262,173 units crossing the exchange, Pan Jamaica popped $1.98 to end at $56.98 with investors swapping 126,749 stocks, Sagicor Group advanced $2 to $43.90 with 212,100 units crossing the market. Scotia Group rose 50 cents and ended at $53 after an exchange of 40,108 shares and Wisynco Group climbed 59 cents to finish at $20.59 after 34,631 stock units passed through the market. In the preference segment, Jamaica Public Service 7% declined 82 cents to close at $37 in trading 3 shares. 138 Student Living preference share increased $38.53 to $230 in an exchange of 26,405 units and Sygnus Credit Investments 10% rallied $1.01 to end at $100 with investors trading 169 stocks. Prices of securities trading are those for the last transaction of each stock unless otherwise state

JSE Main Market big jump, Juniors rise


Main Market stocks enjoyed a big bounce at the close of trading on Monday on the Jamaica Stock Exchange, with the JSE Combined Market Index jumping 5,252.78 points to finish at 331,804.63, the All Jamaican Composite Index surging 8,077.93 points to end at 371,312.55, the JSE Main Index galloping 5,411.95 points to settle at 321,170.96, the Junior Market Index popped 13.19 points to close at 3,446.06 and the JSE USD Market Index lost 2.36 points to conclude trading at 209.87. 

Trading resulted in a rise in the volume of stocks exchanged, with a greater value than on Friday, resulting in the prices of 37 shares rising, 48 declining and 32 closing firm.
At the close, 25,240,870 shares were traded in all three markets, up from 13,414,513 stock units on Friday, with the value of stocks traded on the Junior and Main markets totalling $136.9 million, up from $63.46 million on the previous day and the JSE USD market closed with an exchange of 1,023,379 shares for US$89,468 up from 433,666 units at US$22,834 on Friday.
In Main Market, Wigton Energy led with 6.08 million shares, followed by Transjamaican Highway with 2.65 million shares and JMMB Group 7.35% – 2028 with 655,653 units.
In Junior Market trading, Derrimon Trading led with 2.28 million shares, followed by Jamaican Teas with 1.80 million shares and ONE on ONE Educational with 1.73 million units.
In the preference segment, 138 Student Living preference share increased $38.53 and ended at $230 and Sygnus Credit Investments 10% climbed $1.01 to $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.5 based on 2024-25 earnings and 19.1 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid 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.

Kintyre jumps 11%, still tops ICTOP10


Iron Rock Insurance rocketed higher in the past week to be the top-performing ICTOP10 stock in the Easter Holiday shortened period with a gain of 23 percent and dropped out of the Junior Market TOP10 listings. Kintyre Holdings was next with a rise of 11 percent, yet still leads the Junior Market listing. Margaritaville is up 10 percent in the Main Market, in a shortened week, with the Junior Market rising just 21 points and the Main Market Index gained a solid 3,271 points.

At the end of the week, the Junior Marlet ICTOP10 main losers were AMG Packaging down 11 percent to close at $2.50, Dolphin Cove falling 10 percent to $12.43 and Elite Diagnostic declining 7 percent to finish at $1.35.
In the Main Market ICTOP10, Guardian Holdings rose 6 percent to $308, and could rise further in the weeks ahead, with the visible supply of shares on offer plunging to less than 60,000 units. VM investments gained 6 percent to close at $2.30, while NCB Financial rallied 5 percent to close at $46. QWI investments was the only stock declining, down 1 percent to $0.78.
In the All JSE ICTOP10, Express Catering replaced NCB Financial, while Limners and Bards returned to the Junior Market ICTOP10.
The average PE for the JSE Main Market ICTOP 10 is just 5.4, well below the market average of 13.1. The Junior Market TOP10 stands at 7.1, just under half the market average of 14.2.
In the Main Market ICTOP 10, 18 stocks have the highest values, accounting for 35 percent of the Main Market, with PE ratios between 15 and 40, with an average of 21 and a PE of 18 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 17 stocks or 35 percent of the market have PEs ranging from 15 to 53, with an average of 21 and a PE of 21 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best companies in the market and others that are not blue chip. In some cases, they include weaker companies that may be oversold and end up on the list. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and remove emotions in selecting stocks for investments.
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 the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Steady trading on Jamaica Stock Exchange


Jamaica Stock Exchange trading closed on Friday with a further fall in the volume of stocks exchanged, with a lower value than on Thursday, resulting in the Main Market major indices falling, the Junior Market index rising and the JSE USD Market falling. At the end of trading, prices of 45 shares rose, 40 declined and 32 remained firm.
At the close of the market, the JSE Combined Market Index dropped 412.81 points to 326,551.85, the All Jamaican Composite Index shed 841.19 points to conclude trading at 363,234.62, at the same time JSE Main Index skidded 499.80 points to settle at 315,759.01, the Junior Market Index eked out a meagre gain of 8.37 points to 3,432.87 and the JSE USD Market Index sank 11.21 points to 212.23. At the close of trading, 13,414,513 shares were exchanged in all three markets, down from 16,691,154 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $63.46 million, down from $66.39 million on the previous day. The JSE USD market closed with an exchange of 433,666 shares for US$22,834, down from 870,827 units at US$59,277 on Thursday. In Main Market activity, Transjamaican Highway led with 2.74 million shares, followed by Wigton Energy with 1.0 million stocks and Sagicor Select Financial Fund with 585,733 units. In Junior Market trading, Kintyre Holdings led with 2.28 million shares, followed by ONE on ONE Educational with 1.02 million stocks and RA Williams with 642,818 units. In the preference segment, Jamaica Public Service 7% declined $6.68 and ended at $38 and Sygnus Credit Investments 10% shed $1.01 to close at $99. The market’s PE ratio, the most popular measure used to value stocks, ended at 12.3 based on 2024-25 earnings and 19 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense. Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid 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.