The Jamaica Stock Exchange, All Jamaica Composite Index fell in the past week, the decline could not erase the big bounce the market enjoyed at the end of the prior week. The Junior Market Index slipped, but it still held on to a fraction of the 63 points it gained in the previous week, resulting in the TOP 10 lists ending with lots of price movements during the week.
Four stocks gained and five fell in the Junior Market TOP10 and the Main Market TOP10 had only one stock gaining and 8 declined.
As was the case in the previous week, Guardian Holdings hold the number one position in all markets and All JSE TOP10 compiled from all listed ordinary stocks on the JSE, with Pulse Investments in the number 2 spot for the Main Market and is not far away from the number one spot. This closeness may be due to uncertainty with the company’s perceived leadership. This list is more exacting than the Junior and Main Market TOP10, with 20 stocks. For a third week, Elite Diagnostics holds the number one spot in the Junior Market followed by AMG Packaging.
In the Junior Market ICTOP10, Elite Diagnostic rose 11 percent to $2.05 and Lumber Depot popped 4 percent higher to $2.70. Access Financial shed 12 percent to close at $17.50, AMG Packaging and Jamaican Teas shed 4 percent to close at $2.76 and $2.13 respectively.
In Main Market ICTOP10 activity, Pulse Investments inched 3 percent higher to $1.19. Key Insurance fell 15 percent to $2.07, followed by JMMB Group and Margaritaville down 4 percent to $21.60 and $14.50 respectively.
The average PE for the JSE Main Market ICTOP 10 stands at 4.8, well below the market average of 14.4 and the Junior Market TOP10 sits at 7.6, more than half the market, with an average of 12.9.
The Main Market ICTOP10 is projected to gain an average of 325 percent by May 2025, based on 2024 forecasted earnings and provide better values than the Junior Market with the potential to achieve a 175 percent gain 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 have PEs between 15 to 108, with an average of 28 and 21 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 18 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 11 stocks, 23 percent of the market, with PEs ranging from 15 to 29 with an average of 21 and a PE of 17 for half of the market with the highest PEs.
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.
Trading averaged 5,914,291 shares for $49,138,439 up from 262,025 stocks at $3,263,205 on Thursday and month to date, an average of 1,480,131 stocks for $11,669,103 compared with 343,645 shares at $2,065,618 on the previous day and November ending with an average of 286,669 stocks at $2,555,172.
The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and 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.
Kingston Wharves shed 95 cents to close at $31 after a transfer of 1,102,481 units, Scotia Group increased $1.25 to finish at $47.75 with investors ending with trading in 146,814 shares, ahead of full year results next week and with precious limited supply of stocks on offer at the close. Stanley Motta dropped 42 cents and ended at $6.50 in an exchange of 4,700 stock units and Wisynco Group sank 80 cents to end at $21 trading 1,153,869 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, 488,159,035 shares were exchanged in all three markets, up from 26,160,587 units on Thursday, with the value of stock units traded on the Junior and Main markets amounted to $3.43 billion, which is greater than the $210.17 million on the previous day and the JSE USD market closed with an exchange of 376,670 shares for US$19,813 down from 2,290,277 units at US$68,443 on Thursday.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 13.8 based on 2024-25 projected earnings and 20.6 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all the Jamaica Stock Exchange listed ordinary shares, grouped by industry, thus allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding major one time income or expense.
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.
The market closed after 14,673,394 shares were traded at $182,739,456 compared with 14,504,716 stocks at $68,895,426 on Wednesday. The average trade amounted to 262,025 stock units at $3,263,205 compared with 230,234 stocks at $1,093,578 on Wednesday and for the month to date, an average of 343,645 stock units at $2,065,618 compared with 368,759 shares at $1,697,130 on the previous day and November ending with an average of 286,669 units at $2,555,172.
the JSE Main Index dropped by 718.62 points to close at 320,088.81 and the JSE Financial Index advanced 0.28 points to end the day at 64.78. The Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and none with a lower offer.
Jamaica Stock Exchange
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index dropped 659.81 points to 332,409.97, the All Jamaican Composite Index sank 1,110.73 points to 367,813.65, the JSE Main Index declined 718.62 points to close at 320,088.81, the Junior Market Index popped 3.82 points to close at 3,669.96, and the JSE USD Market Index lost 6.66 points to end the day at 259.86.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2024-25 earnings and 20.4 based on 202-24 historical earnings. The ICInsider.com PE ratio chart and other 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 earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding one-time major time income or expense.
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.by 
The market closed with 14,504,716 shares being traded at $68,895,426 down from 22,368,398 stock units at $108,813,417 on Tuesday.
The Main Market ended trading with an average PE Ratio of 14.6. The JSE Main and 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.
Mayberry Jamaican Equities slipped 55 cents to $9.50 with investors dealing in 4,609 stocks, MPC Caribbean Clean Energy sank $13.22 to close at $74.38 with a mere 8 stock units crossing the exchange, NCB Financial dropped 46 cents to end at $50.49 with investors trading 42,694 shares. Proven Investments shed $1.51 to finish at $17.97 after an exchange of 1,234 stocks, Sagicor Group declined $1 and ended at $37 with 80,212 stocks crossing the market and Stanley Motta rose 41 cents to end at $6.92 with a transfer of 533 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index slipped 839.30 points to 333,069.78, the All Jamaican Composite Index sank 1,400.46 points to 368,924.38, the JSE Main Index fell 520.23 points to close at 320,807.43, the Junior Market Index slipped 47.61 points to finish at 3,666.14 and the JSE USD Market Index shed 0.22 points to 265.50.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 on 2024-25 projected earnings and 20.2 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other 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 earnings per share (EPS) and PE ratios are based on 2023-4 and 2024-25 actual or projected earnings, excluding any major one time income or expense.
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.
The market closed with 22,368,398 shares being traded at$108,813,417 down from 30,240,989 stock units at $131,168,749 on Monday. Trading ended with an average of 379,125 shares at $1,844,295, well below the 504,016 stocks with an average of $2,186,146 on Monday and for the month to date, an average of 442,096 stock units for $2,016,657 compared to an average of 286,669 stocks at $2,555,172 in November.
The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and 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.
NCB Financial popped 95 cents to $50.95 in an exchange of 264,825 shares, Pan Jamaica skidded $2 and ended at $50 in trading just 1 stock unit, Sagicor Group advanced $1.44 to close at $38 with 27,156 shares passing through the market and Scotia Group rose 99 cents to finish at $46.49 in an exchange of 33,589 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index skidded 378.86 points to 333,909.08, the All Jamaican Composite Index shed 842.57 points to conclude trading at 370,324.84, the JSE Main Index dipped 540.20 points to 321,327.66, the Junior Market Index increased 19.17 points to wrap up trading at 3,713.75, and the JSE USD Market Index popped 0.69 points to end trading at 266.74.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.91 based on 2024-25 earnings and 20.6 based on 2023-24 historical earnings.
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.
The market closed with trading of 30,240,989 shares with a value of $131,168,749 versus 25,057,280 stocks at $318,023,674 on Friday. Trading averaged 504,016 shares at $2,186,146 versus 455,587 stocks at $5,782,249 on Friday and compared with an average of 286,669 stock units at $2,555,172 in November.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and 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.
Pan Jamaica gave back a big portion of Friday’s gains as the price slipped $4 to end at $52 after an exchange of 53,678 stocks, Sagicor Group gave back all of the $3.10 gains on Friday with a fall of $3.54 to finish at $36.56 with 203,165 shares changing hands, Scotia Group advanced $1.43 to close at $45.50 in an exchange of 45,506 stock units. Seprod declined 70 cents to $84 with investors trading 39,671 shares, Sygnus Credit Investments popped 45 cents and ended at $12.45 with 19,291 stock units crossing the exchange and Sygnus Real Estate Finance fell 44 cents to end at $11 after a transfer of a mere 9 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.