The Jamaica Stock Exchange, Main and Junior markets popped just under one percent for the week with the All Jamaica Composite Index now trading positively for the year following the collapse since March and now seems set to end the year above the 2023’s close, with the movements resulting with six changes to the three TOP10 listings.
The week’s movement resulted in four stocks gaining and four falling in the Junior Market ICTOP10. Two stocks rose and five declined in the Main Market TOP10. In the All JSE TOP10, compiled from all listed ordinary stocks on the JSE, Pulse Investments, with the potential to gain 500 percent, took over the number one position in all markets from Guardian Holdings with potential gains of 433 percent.
For a fourth week, Elite Diagnostics holds the number one spot in the Junior Market TOP10 followed by AMG Packaging.
In the Junior Market ICTOP10, Access Financial rose 13 percent to $19.80 and Caribbean Flavours gained 9 percent to end at $1.42. Express Catering and Lumber Depot dipped 5 respectively.
In Main Market ICTOP10 activity JMMB Group gained 4 percent after ending at $22.46. Margaritaville dived 17 percent to $11.97 and Pulse Investments dropped 16 percent to $1.
Stocks joining the TOP10 include Scotia Group, fresh from reporting solid full year results. 
The stock entered the All JSE TOP10 based on projected 2025 earnings and the Main Market list, with Margaritaville entering following the fallout of General Accident and AMG Packaging. Coming into the Junior Market ICTOP10 are Image Plus and Knutsford Express and falling out are Jamaican Teas and Caribbean Flavours.
In the Main Market, QWI Investments is in the TOP10, with the fallout of General Accident and NCB Financial, with the latter immediately below the TOP10.
The average PE for the JSE Main Market ICTOP 10 stands at 5, well below the market average of 14.2 and the Junior Market TOP10 sits at 8, more than half of the market, with an average of 12.9.
The Main Market ICTOP10 is projected to gain an average of 347 percent by May 2025, based on 2024 forecasted earnings and provide better values than the Junior Market with the potential to achieve a 167 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 106, 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 13 stocks, 21 percent of the market, with PEs ranging from 15 to 31 with an average of 21 and a PE of 18 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.In Main Market ICTOP10 activity
The market closed with trading of 5,057,362 shares at $11,180,391 compared with 4,942,890 units at $5,833,637 on Thursday. Trading averaged 117,613 shares valued $260,009 compared with 126,741 stocks at $149,580 on Thursday with the month to date, averaging 411,720 stocks for $1,236,825 compared to 442,793 stock units at $1,340,027 on the previous day and November ending with an average of 309,920 shares at $766,307.
At the close of the market, AMG Packaging rose 8 cents to end at $2.84 with investors dealing in just 2 units, Blue Power sank 35 cents to $4.70 with 2,195 units crossing the market, Caribbean Assurance Brokers rallied 44 cents to $2.96 with traders dealing in just 141 shares. Dolphin Cove popped $1 to $18.50 and ended up closing with 90,173 stock units changing hands, Everything Fresh climbed 13 cents to finish at $2.23 with investors trading 3,182 shares, Express Catering increased 10 cents to close at $3.30 in an exchange of 153 units. Future Energy slipped 14 cents to $3.71 after the trading of 168,274 stocks, Honey Bun advanced 99 cents to finish at $8.50 after a transfer of 5,021 stock units, Indies Pharma gained 11 cents and ended at $3.44 with 177,340 shares passing through the market. Jamaican Teas rose 9 cents to end at $2.19 with 3,841 units crossing the exchange, Knutsford Express advanced by 15 cents to end at $12.90 with 16,005 stocks changing hands, Lasco Financial popped 14 cents to close at $1.64 in an exchange of 769 stock units. 
Lumber Depot fell 18 cents to $2.56 with 81,776 shares clearing the market, Mailpac Group climbed 15 cents and ended at $2.75 after an exchange of 47,072 units, ONE on ONE Educational shed 7 cents to close at 93 cents with investors trading 62,969 stocks. Regency Petroleum increased 7 cents to finish at $3.08 after an exchange of a mere 3 stock units, Spur Tree Spices gained 12 cents to close at $2 with investors swapping 109,972 shares, Stationery and Office Supplies lost 11 cents to end at $1.47 with 333,087 units switching owners and tTech dipped 10 cents to $2 as investors exchanged 41,385 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 4,942,890 shares for $5,833,637 compared with 4,110,413 units at $5,665,514 on Wednesday.
At the close of trading, the Junior Market Index advanced 17.18 points to 3,686.36. The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
Everything Fresh skidded 13 cents to close at $2.10 with an exchange of 54,020 stocks. Honey Bun rose 20 cents to $7.51 after 19,365 units passed through the market, Knutsford Express lost 15 cents and ended at $12.75 after a transfer of 9,204 stock units, Mailpac Group slipped 8 cents in closing at $2.60 with investors exchanging 35,778 shares. ONE on ONE Educational gained 7 cents to end at $1 after an exchange of 23,780 stock units, Regency Petroleum sank 10 cents to close at $3.01 with 6,856 stocks clearing the market and tTech increased 10 cents to finish at $2.10 in trading of just 8 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated
The market closed with the trading of 4,110,413 shares for $5,665,514 down from 5,232,080 stock units at $6,551,817 on Tuesday. Trading ended with an average of 97,867 shares with a value of $134,893, marginally down from 109,002 stocks at $136,496 on Tuesday with a month to date average of 476,287 stock units at $1,466,189 compared to 525,041 stocks at $1,637,705 on the previous day and November with an average of 309,920 shares at $766,307.
The Junior Market ended trading with an average PE Ratio of 12.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Fosrich gained 7 cents to close at $2.15 with 8,908 stocks passing through the market, Future Energy advanced 14 cents to finish at $3.84 as investors exchanged 123,159 units, Honey Bun lost $1.29 and ended at $7.31 with 24,260 stock units crossing the market. ISP Finance rose $2.01 to $22 with investors swapping 8 shares, KLE Group skidded 28 cents to finish at $1.01 with 20,512 units crossing the exchange, Knutsford Express sank 8 cents and ended at $12.90 with 355 stocks switching owners. Lasco Financial declined 15 cents to close at $1.49 with 9,791 stock units changing hands, Mailpac Group rallied 8 cents to $2.68 with a transfer of 356,808 shares, Regency Petroleum increased 15 cents to end at $3.11 in trading of 118,864 stocks and Stationery and Office Supplies popped 12 cents to $1.58 with an exchange of a mere 29 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 5,232,080 shares for $6,551,817 compared with 3,978,976 units at $11,386,078 on Monday.
The Junior Market ended trading with an average PE Ratio of 12.9, based on the last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
GWest Corporation advanced 7 cents to end at 98 cents after an exchange of a mere 33 shares. ISP Finance slipped $3.93 to close at $19.99 with investors dealing in just 10 units, KLE Group rose 12 cents to finish at $1.29 in an exchange of a mere 12 stocks, Mailpac Group slipped 8 cents and ended at $2.60 with 28,715 stock units crossing the market. Regency Petroleum skidded 15 cents to $2.96 with 46,616 shares switching owners, Spur Tree Spices climbed 11 cents to close at $1.94 with 103,476 stocks clearing the market and Stationery and Office Supplies lost 8 cents to close at $1.46 and ended with an exchange of 16,293 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated. 
The market finished trading in 3,978,976 shares for $11,386,078 down from 127,010,636 units at $430,363,473 on Friday. Trading ended with an average of 82,895 shares at $237,210 compared with 2,822,459 stocks at $9,563,633 on Friday with the month to date, averaging 596,875 stock units at $1,896,907 compared to 704,140 stock units at $2,243,278 on the previous day and November with an average of 309,920 shares at $766,307. Dolla Financial led trading with 706,006 shares for 17.7 percent of total volume followed by Indies Pharma with 492,394 units for 12.4 percent of the day’s trade and RA Williams with 469,363 stock units for 11.8 percent market share. At the close of trading, the Junior Market Index advanced 24.31 points to settle at 3,690.35. The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers. 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 financial years ending around August 2025. At the close of market activity, 
Access Financial rallied 62 cents to close at $18.12 after a transfer of a mere 7 stocks, CAC 2000 dipped 13 cents to $2.30 in trading 177 units, Caribbean Flavours sank 12 cents to $1.20 after 46,784 shares were traded. Consolidated Bakeries rose 15 cents to close at $2.10 with 1,438 units changing hands, Derrimon Trading popped 18 cents to finish at $2 with just 118 shares changing hands Elite Diagnostic slipped 10 cents and ended at $1.95 in trading 30,679 stocks. Everything Fresh advanced 13 cents to $2.23 with 5,107 units crossing the market, Express Catering lost 19 cents and ended at $3.30 with an exchange of 46,961 stock units, Fontana rose 12 cents to close at $8.28 and closed with 418,303 shares changing hands. Future Energy rallied 10 cents to end at $3.80 in an exchange of 108,175 units, GWest Corporation declined 7 cents to close at 91 cents with 473 stocks clearing the market, Indies Pharma gained 9 cents to finish at $3.39 after an exchange of 492,394 stock units. 
KLE Group rose 16 cents and ended at $1.17 with investors trading 222 shares, Knutsford Express rallied 39 cents to $12.99 as 7,154 stock units crossed the exchange, Lasco Financial popped 10 cents to end at $1.64 with 4,455 units switching owners. Mailpac Group gained 8 cents to close at $2.68 as investors exchanged 55,907 stock units, Medical Disposables increased 7 cents to close at $2.05 with a transfer of 15,418 shares, Paramount Trading climbed 19 cents to finish at $1.24 with investors swapping 15,376 stock units and Stationery and Office Supplies advanced 8 cents to $1.54 in an exchange of 21,050 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Four stocks gained and five fell in the Junior Market TOP10 and the Main Market TOP10 had only one stock gaining and 8 declined.
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.
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.
The market closed with trading of 127,010,636 shares with a value of $430,363,473 well above 9,196,916 units at $27,433,897 on Thursday. Trading averaged 2,822,459 shares at $9,563,633 up from 204,376 units at $609,642 on Thursday with the month to date, averaging 704,140 stock units at $2,243,278 compared to 188,874 stock units at $462,652 on the previous day and November with an average of 309,920 shares at $766,307.
The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and five with lower offers.
Indies Pharma rose 12 cents to $3.30 in an exchange of 41,303 stocks, Iron Rock Insurance advanced 38 cents to finish at $3.86 with investors dealing in 11 stock units, KLE Group shed 15 cents and ended at $1.01 after a transfer of 12,000 shares. Lumber Depot fell 8 cents to close at $2.70 with 38,000 units crossing the exchange, Medical Disposables increased 28 cents to close at $1.98 with a transfer of 1,201 stocks, Paramount Trading slipped 19 cents to end at $1.05 with investors swapping 403 stock units and Regency Petroleum gained 16 cents to $3.12 with 262,451 shares switching owners.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended on Thursday with an exchange of 9,196,916 shares for $27,433,897 down from 13,162,541 stock units at $33,001,212 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings that are projected by ICInsider.com for financial years ending around August 2025.
Jetcon Corporation increased 8 cents to $1.28 with investors dealing in just 625 units, KLE Group popped 11 cents to end at $1.16 with 153 stock units clearing the market, Knutsford Express advanced $2.10 to close at $12.60 with traders dealing in 220 units. Lasco Financial rallied 7 cents and ended at $1.54 with 572 stocks switching owners, Lumber Depot rose 25 cents to close at $2.78 with 21,865 shares crossing the market, Medical Disposables fell 27 cents to finish at $1.70 with an exchange of 26,500 stock units. Regency Petroleum shed 14 cents and ended at $2.96 with 246,410 shares changing hands and Stationery and Office Supplies declined 12 cents to $1.47 after a transfer of 18,377 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed, with trading of 13,162,541 shares for $33,001,212 up solidly from 4,036,639 stock units at $8,176,246 on Tuesday. Trading ended with an average of 292,501 shares at $733,360 up from 85,886 stocks at $173,963 on Tuesday with the month to date, averaging 183,891 stock units at $415,405 compared with 132,444 stock units at $264,794 on the previous day and with an average of 309,920 shares at $766,307 in November.
At the close of the market, CAC 2000 climbed 12 cents in closing at $2.55 with 66 stock units crossing the market, Cargo Handlers dipped 39 cents to $12 after an exchange of 1,641 shares, while Consolidated Bakeries lost 19 cents to close at $2 with 7,165 stocks changing hands. Derrimon Trading skidded 10 cents to end at $1.86 with 17,153 units passing through the market, Dolla Financial sank 10 cents to $2.90 after 7,780,944 shares were traded, Dolphin Cove fell 12 cents and ended at $19.55 with investors trading 4,408 stock units. Elite Diagnostic shed 11 cents in closing at $1.90 after an exchange of 100 stocks, Everything Fresh declined 12 cents and ended at $2.11 with investors dealing in 204,416 units, Express Catering sank 9 cents to $3.20 after a transfer of 29,728 stocks. Fontana slipped 14 cents to end at $8.05 with 36,063 units clearing the market,
Fosrich dipped 9 cents to finish at $2.11 as 267,286 shares switched owners, Indies Pharma popped 21 cents to close at $3.40 with investors trading 14,202 stocks. Jetcon Corporation rallied 10 cents to $1.20 in an exchange of 18,927 shares, Knutsford Express sank $1 to finish at $10.50 in the trading of 11,557 stock units, Lasco Financial slipped 7 cents to $1.47 after investors exchanged 1,416 stocks. Lumber Depot fell 16 cents in closing at $2.53 with a transfer of 13,291 units, Regency Petroleum skidded 8 cents to close at $3.10 and closed after an exchange of 503,789 shares, Tropical Battery rose 7 cents to end at $2.58 with 62,433 units changing hands and tTech sank 18 cents in closing at $2.02 with 6,082 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.