Jetcon Corporation and Caribbean Cement sit atop the IC Insider’s Top 5 stocks with the best chance of rising on junior market and main market of the Jamaican Stock Exchange at the end of last week. Both stocks just edging out the number 2 by just a few points.
There were no new entrants in either lists but Caribbean Flavours swapped place with Medical Disposables that now sits at the number 5 spot. In the main market selections Caribbean Cement changed spots with Berger Paints with the latter enjoying a slight price gain while Cement suffered a mild decline in price. AMG Packaging last traded at $21 and seems a candidate for a stock split with limited supply and inadequate liquidity of the stock. 
Blue Power that last traded at $24.50 and is outside the Top 5, is also in category of a potential stock split.
Derrimon Trading sits just below the Top 5 junior market stocks followed by Dolphin Cove CAC 2000, tTech and Caribbean Cream that dropped sharply this past week to $7.
Sitting below the Top 5 in the main market are, Palace, JMMB Group, National Commercial Bank, (NCB) Sterling Investments and Pan Jamaican Investments. Feedback from the market, is that NCB is in strong demand against a background of very limited supply and the price being severely undervalued.
17 Jamaican stocks rise 9 fall
The main market indices of the Jamaica Stock Exchange declined again on Friday with the all Jamaica Composite Index dropping 768.16 points to 183,481.17. The decline is in contrast to the advance decline ratio of 2 to 1. The JSE Market Index dived 686.87 points to finish at 165,106.57 and the JSE combined index lost 642.10 points to end at 177,483.42 and gained at 12 percent for the year to date.
At the close 17,656,211 units valued at $101,436,212 changed hands, compared to 2,395,219 units valued at $25,654,956 changing hands on Thursday. The junior market accounted for 234,593 units trading valued at $1,406,575 of the stocks traded.
The average trade for the day in the main market ended at 871,081 units, compared to an average for the month to date of 484,035 units. On Thursday, an average of 72,131 units traded with the average for the month to date at 96,990.
The market closed with 33 securities trading as the prices of 17 gained while 9 declined in the overall market, including 7 stocks rising and 3 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 17 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Berger Paints gained 4 cents in trading 8,108 shares to end at a 52 weeks’ closing high of $5.84, Cable & Wireless closed at 90 cents with 47,906 units trading, Caribbean Cement traded 7,686 shares and gained 6 cents to close at $31.56, Carreras closed at $66 with 2,500 units changing hands. Grace Kennedy closed trading with 25,476 shares changing hands at $41.99, Jamaica Broilers closed at $14.76 after adding 21 cents, with 59,337 shares switching owners. Jamaica Producers rose 30 cents to $8.30 with 5,000 units trading, Jamaica Stock Exchange lost 58 cents and ended at $27.39 while trading 1,000 shares, JMMB Group gained 48 cents in trading 251,500 units to close at $13.50. Kingston Wharves lost 10 cents in trading 50,784 shares to close at $17, 
Mayberry Investments gained 35 cents and ended with 15,494,469 shares trading at $3.85, National Commercial Bank traded 2,175 shares to close with a rise of $1.49 at $43.49, Pan Jamaican Investments lost 45 cents and closed at $22.55 after trading 10,279 shares. Sagicor Group had 42,789 shares changing hands and closed with a rise of 40 cents at $23, Scotia Group fell 98 cents and closed at $30.02 with 328,747 shares changing hands, Scotia Investments jumped $2.95 with 17,850 units changing hands to close at $33.95. Seprod gained 60 cents as 2,000 units changed hands to close at $24.50, Supreme Ventures traded 51,900 shares buy fell 28 cents to close at $4.52 and Proven Investments traded 1,002,300 units at 16.5 US cents after falling 3.5 cents.
JSE majors in big fall on Wednesday
The main market indices of the Jamaica Stock Exchange got clobbered on Wednesday with the all Jamaica Composite Index dropping 2,404.09 points before the close of trading and ended down by with a smaller loss of 1,423.88 at 185,219.39.
The JSE Market Index had dived 2,146.93 points ahead of closing, but clawed back some of the losses, to finish at 166,660.85, having lost 1,273.21 points and the JSE combined index which plunged 2,038.87 points ahead of the close, lost 1,267.83 points to end at 178,971.13 and held a 13 percent for the year to date.
At the close 3,225,271 units valued at $32,690,159 changed hands, compared to 11,005,276 units valued at $189,009,513 changing hands on Tuesday. The junior market accounted for 1,741,347 units trading valued at $9,759,413 of the stocks traded.
The average trade for the day in the main market ended at 59,357 units, compared to an average for the month to date of 121,849 units. On Tuesday, an average of 241,975 units traded with the average for the month to date being 184,341.
The market closed with 38 securities trading as the prices of 16 gained while 13 declined in the overall market, including 6 stocks rising and 5 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 4 with a lower offer.
In market activity, Barita Investments traded 29,759 shares at $4.65, Cable & Wireless lost 1 cent and closed at 97 cents with 59,590 units trading, Caribbean Cement traded 5,150 shares and rose 50 cents to close at $32, Carreras rose 2 cents to close at $66 with 4,350 units changing hands. Trading in 1834 Investments ended with 4,716 shares changing hands, the price rose 2 cents to close at $1.20, Grace Kennedy closed with 118,515 shares changing hands at $41.55, Jamaica Broilers closed at $14.50 after shedding 1 cent, with 686,211 shares switching owners. Jamaica Producers fell 40 cents to $8 with 78,660 units trading, JMMB Group lost 1 cent in trading 2,665 units to close at $13.99. Mayberry Investments ended with 11,500 shares trading, to close at $3.50 for a fall of 35 cents, 
Mayberry reported third quarter results after the market closed, with net profit of $59 million or 4 cents per share and $320 million or 27 cents per share year to date. Net asset value amounts to $6.77, inclusive of appreciation in the share value of associated companies. National Commercial Bank traded 21,523 shares to close with a gain of $1 at $44, trading in 138 Student Living 169,160 shares changing hands at $4.70, Pan Jamaican Investments lost 25 cents and closed at $23 after trading 70,432 shares, Portland JSX traded 96,160 units with the price rising by 20 cents to $11.10. Sagicor Group fell $1 with 6,000 shares changing hands and closed at $22.60, Sagicor Real Estate Fund traded 80,169 shares to close at $10.20, Scotia Group lost 95 cents and closed at $30.05 with 19,662 shares changing hands and Scotia Investments lost $2.90 as 2,820 units changed hands to close with at $31.
JSE majors gain on Tuesday
Sagicor Group HQ -The stock traded at an intraday high of $25.50 on Tuesday.
At the close, the all Jamaica Composite Index climbed 500.57 points to end at 186,643.27 with a gain of 12 percent year to date. The JSE Market Index gained 447.61 points to close of 167,934.06 and the JSE combined index rose 266.31 points, to end at 180,238.96, up 14 percent for the year to date.
At the close 11,005,276 units valued at $189,009,513 changed hands, compared to 1,362,599 units valued at $11,379,949 changing hands on Friday. The junior market accounted for 4,471,960 units trading valued at $24,376,547 of the stocks traded.
The average trade for the day in the main market ended at 241,975 units, compared to an average for the month to date of 138,002 units.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 5 with a lower offer.
In market activity, Barita Investments traded 21,331 shares at $4.65, Cable & Wireless lost 1 cent and closed at 98 cents with 494,229 units trading, Caribbean Cement traded just 1,800 shares and rose 35 cents to close at $31.50, Carreras lost 2 cents to close at $65.98 with 150,300 units changing hands. Trading in 1834 Investments ended with 22,581 shares changing hands, the price fell 6 cents to close at $1.18,
Grace Kennedy lost 44 cents and closed with 420,865 shares changing hands at $41.55, Jamaica Broilers closed at $14.51 after shedding 9 cents, with 1,000,500 shares switching owners. JMMB Group lost 1 cent in trading 10,297 units to close at $13.99. National Commercial Bank traded 37,620 shares to close at $43, Radio Jamaica fell 19 cents in trading 158,763 shares to close at $1.35, Sagicor Group fell 40 cents with 1,016,783 shares changing hands and closed at $23.60 after trading at an intraday 52 weeks’ high of $25.50. Scotia Group closed at $31 with 3,009,596 shares changing hands, Scotia Investments had 53,500 units changing hands to close with a gain of $3.90 at $33.90, Supreme Ventures traded 24,361 shares and gained 3 cents to close at $4.79 and Jamaica Money Market Brokers 7.50% preference share traded 50,000 units to close at $2.10.
Paramount best Top 5 performer
Paramount Trading having closed on Friday at $23.95 ended up as to top performing stock since IC Insider started the Top 5 selection list. 
All selections recorded gains since they were identified as top stocks.
For the week ended on October 14, Jetcon Corporation emerged as the leader of the list of junior market stocks with the greatest potential gains followed by Access Financial Services, Derrimon Trading rose to over $4 and slipped off the list at the end of the week. Knocking at the door of the list are tTech and Dolphin Cove followed by Derrimon Trading.
Main market stocks all remained in the Top 5 but with changes in position with Barita Investments moving down to number 3 with the price moving to $4.65 and Berger Paints holding the top spot. Sitting just below the Top 5 are Palace Amusements. 
JMMB Group, National Commercial Bank, Mayberry Investments and Sterling Investments all with potential gains over 100 percent.
IC Insider started the Top 5 selection as of September 9 and with just over a month having passed IC Insider looked at the performance of all the selections. Paramount Trading topped the list with a gain of 71 percent followed by 31 percent for Derrimon Trading and 27 percent for Medical Disposables in the junior market and a 48 percent gain for Barita Investments followed by a gain of 35 percent for JMMB Group.
Majors dip on Friday
Bulls continue their run on Jamaican stocks
At the close, the all Jamaica Composite Index fell 610.32 points to end at 186,142.70, the JSE Market Index dropped 545.74 points to close of 167,486.45 and the JSE combined index lost 800.02 points, to end at 179,972.65, up 14 percent for the year to date.
At the close 1,362,599 units valued at $11,379,949 changed hands, compared to 4,654,511 units valued at $50,143,006 changing hands on Thursday. The junior market accounted for 647,967 units valued at $3,787,554 of the stocks traded.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 14 stocks with bids higher than their last selling prices and 5 with a lower offer.
In market activity, Barita Investments traded 800 shares at $4.65, Cable & Wireless lost 11 cents and closed at 99 cents with 362,410 units trading,
Caribbean Cement traded just 5,400 shares and lost 85 cents to close at $31.15. Trading in 1834 Investments ended with 13,200 shares changing hands as the price rose 4 cents to close at $1.24, Grace Kennedy rose 21 cents and closed with 17,384 shares changing hands at $41.99. JMMB Group added 50 cents in trading 72,721 units to close at $14. Kingston Wharves dipped 10 cents in trading 2,071 shares to close at $17, Pan Jamaican Investments rose 5 cents to close at $23.30 after trading 28,628 shares, Sagicor Group rose 18 cents in trading 4,951 shares to end at $24, Sagicor Real Estate Fund traded 17,290 shares to close at $10.18. Scotia Group lost 20 cents to close at $31 with 49,983 shares changing hands, Scotia Investments had 6,100 units changing hands to close with a loss of 5 cents at $30, Seprod traded 105,000 shares and gained 16 cents to close at $22.76.
Majors march higher on Thursday
Berger Paints ended at a 52 weeks’ closing high on Thursday
At the close, the all Jamaica Composite Index climbed 701.19 points to end at a new closing high of 186,753.02, the JSE Market Index jumped 626.99 points to a record close of 168,032.19 and the JSE combined index surge 926.01 points, to end at record high of 180,772.67, up 15 percent for the year to date.
At the close 4,654,511 units valued at $50,143,006 changed hands, compared to 19,800,887 units valued at $274,090,977 changing hands on Wednesday. The junior market accounted for 1,643,799 units valued at $10,731,708 of the stocks traded.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 3 with a lower offer.In market activity, Barita Investments gained 11 cents in trading 20,000 shares at $4.65, Berger Paints traded 2,000 shares and gained 10 cents to close at a 52 weeks’ high of $5.75, Cable & Wireless gained 12 cents and closed at $1.10 with 1,100,206 units trading, Caribbean Cement traded 38,980 shares and lost $1 to close at $32. Carreras had 3,416 shares changing hands at $66 after rising 1 cent, Ciboney traded 114,458 shares gained 1 cents in closing at 22 cents, trading in 1834 Investments ended with 187,165 shares changing hands to close at $1.20, Grace Kennedy lost 20 cents and closed with 1,700 shares changing hands at $41.78. Jamaica Broilers traded 332,665 units but rose 19 cents to close at $14.60, Jamaica Producers lost 25 cents and ended with 97,749 shares changing hands to close at $8, Jamaica Stock Exchange lost 1 cent and ended at $27.99 while trading 14,044 shares, JMMB Group shed $1.48 in trading 9,549 units to close at $13.50. Kingston Properties rose 6 cents in trading 664,191 shares to close at $9.06. Kingston Wharves gained 5 cents in trading 13,000 shares to close at $17.10,
Mayberry Investments traded 82,890 shares to close with a gain 10 cents at $3.60, National Commercial Bank traded 12,600 shares and gained 60 cents to end at $43, Pan Jamaican Investments lost 5 cents to close at $23.25 after trading 35,062 shares. Portland JSX traded 5,000 units with the price rising by 4 cents to end at $11.10, Sagicor Group lost 18 cents in trading 2,328 shares to end at $23.82, Scotia Group gained $1 to close at $31.20 with 868,469 shares changing hands. Scotia Investments had 18,100 units changing hands to close with a 5 cents gain at $30.05, Seprod traded 2,857 shares and lost 90 cents to close at $22.60, Supreme Ventures lost 4 cents and closed at $4.75 with 17,049 shares changing and Proven Investments closed at 20 US cents with 15,625 shares trading.
Majors drop juniors gain
The Jamaica Stock Exchange market main market indices fell in Thursday morning while the junior market index rose with volume increasing over Wednesday’s levels.
The all Jamaica Composite Index dropped 233.27 points to 185,818.56 the Jamaica Stock Exchange Market Index fell 208.58 points to 167,196.62, the Jamaica Stock Exchange combined index slipped 9.50 points to close at 179,837.16 and the junior market index rose 17.90 points to 2,421.24.
At 10.45 am, a total of 28 securities traded, resulting in a volume of 1,933,234 shares changing hands carrying a value of $12,769,849, compared to 1,599,416 shares changing hands carrying a value of $10,753,662 on Wednesday.
The average number of shares traded amounts to 69,044 units compared to 72,701 on Wednesday. Market activity resulted in 10 stocks falling while the prices of 12 securities rose.
Caribbean Cement dropped $3 in early trading with 30,000 units at $30, but recovered back to $33 after trading 5,000 more units, JMMB Group fell from $14.98 on Wednesday to $13.50 while trading 3,000 units, Scotia Investments jumped to $34 from $30 while trading 26,000 units, Caribbean Cream Traded 260,866 units and last traded at $9.90 but went as high as $10.19, Honey Bun traded 1 million shares but lost ground to $5.51, down 49 cents but the bid is now at $5.70.
Majors retreat from record high – Wednesday
Stocks ended trading on the Jamaica Stock Exchange with the main market closing with a gain of 11 percent year to date, the market indices dropped more than 1,293 points. The market closed with 38 securities trading as the prices of 16 gained while 11 declined in the overall market, including 4 stocks rising and 5 falling, in the junior market.
At the close, the all Jamaica Composite Index dropped 1,446.17 points to end at a new closing high of 186,051.83, the JSE Market Index dived 1,293.13 points to a record close of 167,405.20 and the JSE combined index fell 1,406.74 points, to end at record high of 179,846.66, up 15 percent for the year to date.
At the close 19,800,887 units valued at $274,090,977 changed hands, compared to 10,379,971 units valued at $217,529,448 changing hands on Tuesday. The junior market accounted for 9,170,473 units valued at $51,520,805 of the stocks traded.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 3 with a lower offer.
In market activity, Barita Investments gained 14 cents in trading 23,600 shares at $4.54, Berger Paints traded 61,363 shares and lost 5 cents to close at $5.65 after trading at an intraday high of $6.25, Cable & Wireless closed at 98 cents with 296,835 units trading, Caribbean Cement traded 25,726 shares to close at $33. Carreras had 742,353 shares changing hands at $65.99 after slipping 1 cent, trading in 1834 Investments ended with 5,836 shares changing hands to close at $1.20, Grace Kennedy lost 1 cent and closed with 470,573 shares changing hands at $41.98, Jamaica Broilers traded 1,117,335 units but rose 10 cents to close at $14.41. Jamaica Producers ended with 1,730 shares changing hands to close at $8.25, Jamaica Stock Exchange gained 70 cents and ended at $28 while trading 27,486 shares, JMMB Group shed 2 cents in trading 1,106,992 units to close at $14.98, Kingston Properties rose 6 cents in trading 664,191 shares to close at $9.06. 
Kingston Wharves lost 45 cents in trading 22,970 shares to close at $17.50, Mayberry Investments traded 3,943 shares to close with a gain 10 cents at $3.50, National Commercial Bank traded 728,535 shares and gained 25 cents to end at $42.40, Pan Jamaican Investments rose 30 cents to close at $23.30 after trading 421,985 shares. Portland JSX traded 3,334,455 units with the price rising by 9 cents to end at $11.06, Sagicor Group gained 15 cents in trading 178,182 shares to end at $24, Scotia Group gained 19 cents to close at $30.20 with 486,698 shares changing hands. Scotia Investments had 476,900 units changing hands to close at $30, Seprod traded 12,010 shares to close at $23.50, Supreme Ventures lost 1 cent and closed at $4.79 with 45,090 shares changing. Proven Investments closed at 20 US cents with 20,300 shares trading and Jamaica Money Market Brokers 7.5% preference share gained 1 cent in trading 355,130 units at $2.10.
Majors close at another record high – Tuesday
Berger Paints traded at a 52 weeks’ high on Tuesday
At the close, the all Jamaica Composite Index surged 1,083.59 points to end at a new closing high of 187,498.00, the JSE Market Index climbed 968.92 points to a record close of 168,698.33 and the JSE combined index rose 248.82 points, to end at record high of 181,253.40, up 15 percent for the year to date.
At the close 10,379,971 units valued at $217,529,448 changed hands, compared to 1,637,080 units valued at $21,412,158 changing hands on Monday. The junior market accounted for 1,107,820 units valued at $$8,452,329 of the stocks traded.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 1 with a lower offer.In market activity, Berger Paints traded 12,700 shares and rose 10 cents to close at a 52 weeks’ high of $5.70, Cable & Wireless closed at 98 cents with 132,932 units trading, Caribbean Cement traded 19,863 shares to close at $33. Carreras had 2,075 shares changing hands at $66, trading in 1834 Investments ended with 42,354 shares changing hands to close with a loss of 3 cents at $1.20, Grace Kennedy lost 46 cents and closed with 140,739 shares changing hands at $41.99, Jamaica Broilers traded 69,950 units but lost 45 cents to close at $14.31. Jamaica Producers lost 15 cents and ended with 9,464 shares changing hands to close at $8.25, Jamaica Stock Exchange fell 71 cents and ended at $27.30 while trading 3,435 shares,
JMMB Group dropped 50 cents in trading 165,027 units to close at $15, Kingston Wharves traded 900 shares to close at $17.50. Mayberry Investments traded 16,900 shares to close with a loss of 20 cents at $3.40, National Commercial Bank traded 9,273 shares and lost 15 cents to end at $42.15, Pan Jamaican Investments lost 30 cents to close at $23 after trading 880 shares. Radio Jamaica fell 10 cents in trading 184,584 shares to close at $1.45, Sagicor Group gained 15 cents in trading 7,146,264 shares to end at $24, Sagicor Real Estate Fund traded 14,041 shares to close at $10.18, Scotia Group dropped 49 cents to close at $30.01 with 635,978 shares changing hands. Scotia Investments had 3,000 units changing hands to close at $30, with a gain of $3, Seprod traded 14,003 shares to close with a gain of 90 cents at a 52 weeks’ high of $23.50. Proven Investments closed at 19.99 US cents with 176,589 shares trading, JMMB Group 7.50% preference share traded 442,000 units at $1.10 and Jamaica Money Market Brokers 7.25% preference share traded 20,000 units at $2.40.